Sandhar Technologies Ltd. (SANDHAR) AI Stock Analysis

• Market Cap: ₹25.06B
• Dividend Yield: 0.78%
• Average Volume (3M): 6.90K
• Price to Earnings (P/E): 17.7
• Beta (1Y): 1.42
• Revenue Growth: 10.32%
• EPS Growth: 29.03%
• Country: IN
• Employees: 1,662
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Auto - Parts
• EPS (TTM): 4.67
• Shares Outstanding: 60,190,710
• 10 Day Avg. Volume: 7,163
• 30 Day Avg. Volume: 6,898
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹533.00
• Price Target Upside: 28.02% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: ₹533.00 ▲(28.02% Upside)

Sandhar Technologies Ltd. displays strong financial growth and operational efficiency, but the rising leverage and negative free cash flow are concerning. Technical indicators suggest bearish momentum, and while the valuation is reasonable, the low dividend yield limits income potential. These factors collectively result in a moderate stock score.

Sandhar Technologies Ltd. Business Overview & Revenue Model

Company Description

Sandhar Technologies Ltd. (SANDHAR) is an Indian-based company specializing in the manufacturing of automotive components. The company operates in various sectors, including safety and security systems, interiors, exteriors, and cabin systems for automotive applications. With a diverse product portfolio, Sandhar Technologies caters to a wide range of vehicle manufacturers, both domestically and internationally, providing innovative solutions that enhance vehicle safety, comfort, and efficiency.

How the Company Makes Money

Sandhar Technologies Ltd. generates revenue primarily through the sale of its automotive components to original equipment manufacturers (OEMs) and other clients in the automotive industry. The company's key revenue streams include the production and sale of safety systems such as lock sets, mirrors, and sensors; interior components like door handles and dashboard assemblies; and exterior parts including bumpers and body panels. Additionally, Sandhar Technologies may engage in strategic partnerships and collaborations with global automotive brands, contributing to its earnings through co-development projects and long-term supply contracts. The company's ability to innovate and adapt to industry trends, such as the growing demand for electric vehicles, also plays a significant role in sustaining and enhancing its revenue generation.

Sandhar Technologies Ltd. Financial Statement Overview

Summary

Sandhar Technologies Ltd. exhibits strong revenue growth and operational efficiency, with an increasing equity base. However, rising debt levels and negative free cash flow indicate financial management challenges that need addressing.

Income Statement

Sandhar Technologies Ltd. has shown strong revenue growth with a consistent upward trend over the past years, evidenced by a revenue increase from 18,414 million in 2021 to 38,845 million in 2025. Gross profit and EBITDA margins have also improved, reflecting operational efficiency. However, the net profit margin is relatively lower compared to gross and EBITDA margins, suggesting some cost pressures or financial obligations impacting net income.

Balance Sheet

The company's balance sheet reflects a solid equity base with stockholders' equity increasing over the years. However, the debt-to-equity ratio has risen due to increased borrowing, which may pose a risk if not managed carefully. The equity ratio remains stable, indicating a balanced capital structure, but the growing debt warrants attention to avoid potential leverage concerns.

Cash Flow

Cash flow from operations remains positive, though volatile, with notable fluctuations in free cash flow due to varying capital expenditures. The operating cash flow to net income ratio suggests strong cash conversion efficiency. However, the negative free cash flow in recent periods indicates potential challenges in covering capital expenditures with operating cash alone, necessitating careful financial management to maintain liquidity.

Breakdown	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	38.85B	35.21B	22.92B	29.09B	18.41B
Gross Profit	15.00B	3.27B	6.97B	10.82B	6.04B
EBITDA	3.83B	3.51B	2.12B	2.60B	1.99B
Net Income	1.42B	1.10B	557.29M	729.69M	577.54M
Balance Sheet
Total Assets	27.90B	24.27B	19.75B	21.55B	15.96B
Cash, Cash Equivalents and Short-Term Investments	822.65M	432.78M	99.56M	356.74M	75.07M
Total Debt	9.24B	7.34B	6.14B	6.66B	3.10B
Total Liabilities	16.51B	14.11B	11.12B	12.30B	7.88B
Stockholders Equity	11.39B	10.17B	8.59B	9.20B	8.04B
Cash Flow
Free Cash Flow	-692.08M	375.91M	-2.48B	512.52M	467.56M
Operating Cash Flow	2.47B	2.75B	486.25M	3.08B	1.24B
Investing Cash Flow	-2.90B	-2.39B	-3.11B	-2.48B	-974.03M
Financing Cash Flow	1.01B	-71.35M	2.60B	-368.89M	-262.33M

Sandhar Technologies Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 416.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SANDHAR, the sentiment is Negative. The current price of 416.35 is below the 20-day moving average (MA) of 482.20, below the 50-day MA of 509.81, and below the 200-day MA of 464.63, indicating a bearish trend. The MACD of -21.40 indicates Positive momentum. The RSI at 23.88 is Positive, neither overbought nor oversold. The STOCH value of 16.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SANDHAR.

Sandhar Technologies Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAYURUNIQ	76 Outperform	₹22.81B	14.98		0.57%	8.29%	19.09%
RANEHOLDIN	74 Outperform	₹21.01B	8.72		2.51%	40.54%	94.24%
TALBROAUTO	67 Neutral	₹15.86B	16.51		0.27%	3.71%	-15.14%
SANDHAR	65 Neutral	₹25.06B	17.69		0.78%	10.32%	29.03%
Sector *	61 Neutral	$17.22B	11.53	-5.99%	3.08%	1.40%	-15.51%

Sandhar Technologies Ltd. Corporate Events

Sandhar Technologies Releases Q1 FY 2025-26 Financial Results

Sandhar Technologies Limited has released an investor presentation detailing its unaudited financial results for the quarter ending June 30, 2025. This announcement is part of its regulatory obligations and provides stakeholders with insights into the company’s financial performance, which could impact its market positioning and investor confidence.

Sandhar Technologies Announces Record Date for Dividend Payment

Sandhar Technologies Limited has announced that the record date for the final dividend payment for the financial year 2024-25 is set for September 12, 2025. The Board of Directors recommended a dividend of INR 3.50 per equity share, which will be paid to shareholders upon approval at the upcoming Annual General Meeting. This decision underscores the company’s commitment to returning value to its shareholders and reflects its stable financial performance.

Sandhar Technologies Announces Key Appointments and Financial Updates

Sandhar Technologies Ltd. announced several key management appointments and corporate developments following its recent board meeting. The company has appointed SP Kamboj, Prabodh Kumar, and Harjit Singh as senior management personnel, effective August 7, 2025. Additionally, the board approved the unaudited financial results for the quarter ending June 30, 2025, and scheduled the 33rd Annual General Meeting for September 19, 2025. The company also appointed Jayant Davar as Executive Chairman and CEO, effective January 1, 2026, pending shareholder approval. These strategic appointments and financial updates are expected to strengthen Sandhar Technologies’ leadership and operational focus.

Sandhar Technologies Announces Key Appointments and Financial Results

Sandhar Technologies Ltd. announced several key decisions from its recent board meeting, including the appointment of M/s Satija & Co. and the approval of un-audited financial results for the quarter ending June 2025. The company also scheduled its 33rd Annual General Meeting for September 2025, where a final dividend for FY 2024-25 will be discussed. Additionally, Shri Jayant Davar was appointed as Executive Chairman and CEO, effective January 2026, pending shareholder approval. The company also designated key managerial personnel to enhance its operational leadership.

Sandhar Technologies Announces Key Appointments and Financial Results

Sandhar Technologies Ltd. has announced several key decisions following its board meeting on August 7, 2025. The company has appointed Vipin Kumar Rawat to a new position, approved the un-audited financial results for the quarter ending June 30, 2025, and scheduled its 33rd Annual General Meeting for September 19, 2025. Additionally, the company has appointed Jayant Davar as Executive Chairman and CEO effective January 1, 2026, subject to member approval, and designated key managerial personnel to enhance its operational efficiency. These strategic moves are expected to strengthen Sandhar’s leadership and operational capabilities, potentially impacting its market positioning positively.

Sandhar Technologies Announces Q1 FY25-26 Financial Results Conference Call

Sandhar Technologies Ltd. has announced an upcoming Investors’ Conference Call scheduled for August 8, 2025, to discuss the financial performance for the first quarter of the fiscal year 2025-2026. This conference call is an important event for stakeholders, as it will provide insights into the company’s financial health and strategic direction, potentially impacting investor confidence and market positioning.