Sharda Motor Industries Ltd - Stock Valuation and Financial Performance

BSE: 535602 | NSE: SHARDAMOTR | Auto Ancillary | Small Cap

Sharda Motor Inds. Share Price

2,167.70 -25.55 -1.16%
as on 05-Nov'24 00:00

DeciZen - make an informed investing decision on Sharda Motor Inds.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Sharda Motor Industries stock performance -

mw4me loader
P/E Ratio (SA):
19.74
Market Cap:
6,239.6 Cr.
52-wk low:
964.9
52-wk high:
2,955.9

Is Sharda Motor Industries Ltd an attractive stock to invest in?

1. Is Sharda Motor Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sharda Motor Industries Ltd is a good quality company.

2. Is Sharda Motor Industries Ltd undervalued or overvalued?

The key valuation ratios of Sharda Motor Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Sharda Motor Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sharda Motor Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Sharda Motor Inds.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sharda Motor Industries Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 13.1%17.8%24.3%34%31.9%19.7%26.3%41.5%40.1%43.9%-
Value Creation
Index
-0.10.30.71.41.30.40.92.01.92.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 8759271,0421,1551,1408631,7372,2552,7002,8092,841
Sales YoY Gr.-6%12.4%10.9%-1.4%-24.3%101.2%29.9%19.7%4.1%-
Adj EPS 11.611.120.724.928.116.825.252.16893.1110.1
YoY Gr.--4.4%86.2%20.3%13.2%-40.4%50%107%30.6%37%-
BVPS (₹) 69.177.696119.4147.4123.5149.8201.7263344.8319.3
Adj Net
Profit
34.53361.473.983.649.974.8155202277316
Cash Flow from Ops. 99.692.816411694.6-30.1148192-200370-
Debt/CF from Ops. 1.51.30.40000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.8%19.8%17.4%4.1%
Adj EPS 26%27.1%54.7%37%
BVPS19.6%18.5%32%31.1%
Share Price 32.2% 56.9% 53.8% 122.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1815.123.823.121.112.418.429.629.330.633.2
Op. Profit
Mgn %
10.810.512.612.712.811.17.410.110.712.713.7
Net Profit
Mgn %
3.93.65.96.47.35.84.36.97.59.911.1
Debt to
Equity
0.70.50.20000000-
Working Cap
Days
7368728310815810710212312968
Cash Conv.
Cycle
4-1-2-335-4-9-6-1231

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 33.20%

Sales growth is growing at healthy rate in last 3 years 17.39%

Net Profit is growing at healthy rate in last 3 years 54.70%

Sales growth is not so good in last 4 quarters at 4.18%

Latest Financials - Sharda Motor Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 110.1 111.9
TTM Sales (₹ Cr.) 2,841 2,841
BVPS (₹.) 319.3 312.6
Reserves (₹ Cr.) 911 891
P/BV 6.81 6.95
PE 19.74 19.43
From the Market
52 Week Low / High (₹) 964.85 / 2955.90
All Time Low / High (₹) 44.21 / 2955.90
Market Cap (₹ Cr.) 6,240
Equity (₹ Cr.) 5.7
Face Value (₹) 2
Industry PE 53.8

Management X-Ray of Sharda Motor Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Sharda Motor Inds.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales8759271,0421,1551,1408631,7372,2552,7002,809
Operating Expenses 7838319121,0109957671,6072,0282,4152,453
Manufacturing Costs7380869996677491113120
Material Costs6216497177907765861,4191,8062,1642,143
Employee Cost 526373828685829298132
Other Costs 37393639363032394057
Operating Profit 919613014514596129228285357
Operating Profit Margin (%) 10.5%10.4%12.5%12.6%12.7%11.1%7.4%10.1%10.5%12.7%
Other Income 10141418222421303993
Interest 151282011122
Depreciation 52445044414044414653
Exceptional Items 0-4-9-1000000
Profit Before Tax 34507711712678105215275395
Tax -21620383821275470100
Profit After Tax 36345779885879161205295
PAT Margin (%) 4.1%3.7%5.4%6.8%7.7%6.7%4.5%7.2%7.6%10.5%
Adjusted EPS (₹)12.211.519.126.429.619.426.454.369.199.2
Dividend Payout Ratio (%)16%22%13%9%0%0%10%15%25%10%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 2052312853554383674456007821,025
Share Capital 6666666666
Reserves 1992252793494323614395947761,019
Minority Interest0000000000
Debt134105390000000
Long Term Debt3419110000000
Short Term Debt9986280000000
Trade Payables120125164183191207471415516495
Others Liabilities 839796126159179226266331441
Total Liabilities 5425585856647887531,1421,2811,6281,961

Fixed Assets

Gross Block538549252269321347382389473512
Accumulated Depreciation2673064889127161203233252293
Net Fixed Assets272243204179194186179156221219
CWIP 8410010000
Investments 2318010685425510454687
Inventories87837286103107139131204197
Trade Receivables99102108122132117324276331227
Cash Equivalents 15376074141146263398162265
Others Assets60596097133153182216656366
Total Assets 5425585856647887531,1421,2811,6281,961

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1009316411695-30148192-200370
PBT 34507711712678105215275395
Adjustment 5950573226-104302011-22
Changes in Working Capital 143497-17174513-413100
Tax Paid -8-11-19-40-40-21-32-57-73-102
Cash Flow From Investing Activity -18-62-84-30-4239-152-62190-215
Capex -16-3-15-18-57-13-24-14-88-29
Net Investments -1-63-74-181048-135-64200-214
Others -1446657157928
Cash Flow From Financing Activity -103-43-77-70-5-1-1-9-27-54
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -15-12-8-300-10-2-2
Dividend Paid -7-8-9-9-500-8-24-51
Others -81-23-60-580-1-1-1-1-1
Net Cash Flow -21-12316488-6120-36100
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)18.8615.72224.5522.1514.3419.3430.929.7432.64
ROCE (%)13.117.8424.343431.8519.7126.2641.4640.1343.91
Asset Turnover Ratio2.152.372.141.931.571.121.831.861.861.57
PAT to CFO Conversion(x)2.782.742.881.471.08-0.521.871.19-0.981.25
Working Capital Days
Receivable Days31283135415346494136
Inventory Days24242324304426222326
Payable Days666974808812487907986

Sharda Motor Industries Ltd Stock News

Sharda Motor Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sharda Motor Inds. on 05-Nov-2024 00:00 is ₹2,167.7.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 05-Nov-2024 00:00 the market cap of Sharda Motor Inds. stood at ₹6,239.6.
The latest P/E ratio of Sharda Motor Inds. as of 05-Nov-2024 00:00 is 19.74.
The latest P/B ratio of Sharda Motor Inds. as of 05-Nov-2024 00:00 is 6.81.
The 52-week high of Sharda Motor Inds. is ₹2,955.9 and the 52-week low is ₹964.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sharda Motor Inds. is ₹2,841 ( Cr.) .

About Sharda Motor Industries Ltd

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