Sandhar Technologies Ltd. (IN:SANDHAR)
:SANDHAR
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Sandhar Technologies Ltd.
(SANDHAR)
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Rating:70Outperform
Price Target:
₹511.00
▼(-11.90% Downside)
Action:ReiteratedDate:10/11/25
Sandhar Technologies Ltd. scores well due to strong financial performance and bullish technical indicators. However, the overbought technical conditions and low dividend yield moderate the overall score. Managing leverage and improving cash flow will be key to enhancing future prospects.
Positive Factors
Consistent revenue growth
Sustained revenue expansion over multiple years indicates durable demand across vehicle segments and successful OEM program wins. This growth supports scale advantages, better fixed-cost absorption, and provides a platform for continued investment in tooling and product development over the next several quarters.
Negative Factors
Rising leverage
Higher leverage elevates interest and refinancing risk, reducing financial flexibility. If borrowing trends continue, debt servicing could pressure margins and cash available for reinvestment or nominations, making the company more vulnerable to downturns in vehicle production over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent revenue growth
Sustained revenue expansion over multiple years indicates durable demand across vehicle segments and successful OEM program wins. This growth supports scale advantages, better fixed-cost absorption, and provides a platform for continued investment in tooling and product development over the next several quarters.
Read all positive factors
Sandhar Technologies Ltd. (SANDHAR) vs. iShares MSCI India ETF (INDA)
Market Cap
₹29.52B
Dividend Yield0.6%
Average Volume (3M)13.81K
Price to Earnings (P/E)24.7
Beta (1Y)1.32
Revenue Growth17.39%
EPS Growth33.63%
CountryIN
Employees1,662
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)6.00
Shares Outstanding60,190,710
10 Day Avg. Volume28,223
30 Day Avg. Volume13,806
Financial Highlights & Ratios
PEG Ratio0.56
Price to Book (P/B)2.03
Price to Sales (P/S)0.60
P/FCF Ratio-33.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)39.08
Revenue Forecast (FY)₹54.09B
Sandhar Technologies Ltd. Business Overview & Revenue Model
Company Description
Sandhar Technologies Limited, together with its subsidiaries, designs, manufactures, assembles, and sells automotive components in India and Europe. It offers locking systems, hinges and latches, and door handles, as well as vision systems; sheet ...
How the Company Makes Money
Sandhar makes money primarily by manufacturing and supplying automotive components and sub-assemblies to vehicle OEMs and, in some cases, to other automotive suppliers. Revenue is generated mainly from: (1) Sale of automotive components to OEM cus...
Sandhar Technologies Ltd. Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
75
Positive
Cash Flow
68
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 43.48B | 38.85B | 35.21B | 29.09B | 23.24B | 18.64B |
| Gross Profit | 16.32B | 15.00B | 3.27B | 10.82B | 6.97B | 6.04B |
| EBITDA | 4.62B | 3.83B | 3.51B | 2.60B | 2.12B | 1.99B |
| Net Income | 1.74B | 1.42B | 1.10B | 729.69M | 557.29M | 577.54M |
Balance Sheet | ||||||
| Total Assets | 32.04B | 27.90B | 24.27B | 21.55B | 19.75B | 15.96B |
| Cash, Cash Equivalents and Short-Term Investments | 495.88M | 822.65M | 432.78M | 126.37M | 99.56M | 75.07M |
| Total Debt | 9.55B | 9.24B | 7.41B | 6.66B | 6.14B | 3.10B |
| Total Liabilities | 19.74B | 16.51B | 14.11B | 12.30B | 11.12B | 7.88B |
| Stockholders Equity | 12.30B | 11.39B | 10.17B | 9.20B | 8.59B | 8.04B |
Cash Flow | ||||||
| Free Cash Flow | -752.99M | -692.08M | 375.91M | 512.52M | -2.48B | 467.56M |
| Operating Cash Flow | 947.75M | 2.47B | 2.75B | 3.08B | 486.25M | 1.24B |
| Investing Cash Flow | -793.74M | -2.90B | -2.39B | -2.48B | -3.11B | -974.03M |
| Financing Cash Flow | -359.02M | 1.01B | -71.35M | -368.89M | 2.60B | -262.33M |
Sandhar Technologies Ltd. Technical Analysis
Negative
580.00
Price Trends
496.70
Negative
524.25
Negative
505.96
Negative
Market Momentum
-11.45
Negative
46.31
Neutral
73.83
Neutral
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 580 is above the 20-day moving average (MA) of 475.79, above the 50-day MA of 496.70, and above the 200-day MA of 505.96, indicating a bearish trend. The MACD of -11.45 indicates Negative momentum. The RSI at 46.31 is Neutral, neither overbought nor oversold. The STOCH value of 73.83 is Neutral, 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ₹24.69B | 10.60 | ― | 1.01% | 11.55% | 13.57% | |
70 Outperform | ₹29.52B | 24.73 | ― | 0.60% | 17.39% | 33.63% | |
66 Neutral | ₹48.88B | 26.20 | ― | 0.62% | 26.75% | 20.28% | |
65 Neutral | ₹15.68B | 15.60 | ― | 0.32% | 0.74% | -17.90% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | ₹14.45B | -9.62 | ― | 2.97% | 54.99% | -66.73% | |
52 Neutral | ₹29.83B | 18.97 | ― | ― | 112.02% | 244.77% |
* Consumer Cyclical Sector Average
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Sandhar Technologies Ltd. Corporate Events
Sandhar Technologies Gets ICRA Credit Ratings Withdrawn at Its Own Request
Mar 11, 2026
Sandhar Technologies has announced that credit rating agency ICRA has withdrawn its ratings on the company’s long-term fund-based term loans and long-term/short-term fund-based working capital facilities, aggregating to Rs 735 crore. The wit...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.