Sharda Motor Industries Ltd. (IN:SHARDAMOTR)
:SHARDAMOTR
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Sharda Motor Industries Ltd.
(SHARDAMOTR)
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Rating:66Neutral
Price Target:
₹794.00
▼(-17.46% Downside)
Action:DowngradedDate:11/22/25
Sharda Motor Industries Ltd. shows strong financial performance with robust revenue growth and a solid balance sheet. However, technical indicators suggest bearish momentum, which impacts the overall score. The valuation is moderate, supported by a reasonable P/E ratio and attractive dividend yield.
Positive Factors
Sustained multi-year revenue growth
Multi-year revenue expansion to ₹28,365m reflects strong OEM adoption and series production scale. Durable demand from model-specific contracts supports predictable production volumes, enabling continued investment in capacity and steady cash generation over the next 2–6 months.
Negative Factors
Exposure to steel and commodity input costs
Significant sensitivity to steel and other commodity prices can structurally compress gross margins if cost pass-through to OEMs is delayed or incomplete. Persistent commodity inflation would erode profitability and require either pricing renegotiations or margin sacrifice over multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained multi-year revenue growth
Multi-year revenue expansion to ₹28,365m reflects strong OEM adoption and series production scale. Durable demand from model-specific contracts supports predictable production volumes, enabling continued investment in capacity and steady cash generation over the next 2–6 months.
Read all positive factors
Sharda Motor Industries Ltd. (SHARDAMOTR) vs. iShares MSCI India ETF (INDA)
Market Cap
₹42.17B
Dividend Yield2.75%
Average Volume (3M)4.40K
Price to Earnings (P/E)16.6
Beta (1Y)1.29
Revenue Growth6.96%
EPS Growth6.33%
CountryIN
Employees917
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)14.17
Shares Outstanding57,407,707
10 Day Avg. Volume2,474
30 Day Avg. Volume4,402
Financial Highlights & Ratios
PEG Ratio0.93
Price to Book (P/B)2.20
Price to Sales (P/S)0.82
P/FCF Ratio11.80
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)N/A
Revenue Forecast (FY)N/A
Sharda Motor Industries Ltd. Business Overview & Revenue Model
Company Description
Sharda Motor Industries Limited manufactures, assembles, and sells auto components and white goods components to automobiles and electronics original equipment manufacturers in India. It offers exhaust systems for passenger vehicles, commercial ve...
How the Company Makes Money
Sharda Motor Industries makes money mainly by manufacturing and supplying exhaust systems and emission-control components (such as exhaust assemblies, mufflers/silencers, catalytic-converter related exhaust parts, and other associated fabricated/p...
Sharda Motor Industries Ltd. Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
85
Very Positive
Cash Flow
78
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 29.83B | 28.37B | 28.09B | 27.00B | 22.33B | 17.29B |
| Gross Profit | 7.01B | 5.35B | 6.58B | 5.36B | 4.20B | 3.03B |
| EBITDA | 5.08B | 4.80B | 4.49B | 3.23B | 2.57B | 1.51B |
| Net Income | 3.34B | 3.15B | 3.00B | 2.08B | 1.49B | 666.49M |
Balance Sheet | ||||||
| Total Assets | 18.92B | 17.57B | 16.28B | 13.89B | 10.66B | 9.73B |
| Cash, Cash Equivalents and Short-Term Investments | 9.78B | 9.06B | 5.94B | 5.73B | 4.54B | 2.80B |
| Total Debt | 504.42M | 516.30M | 236.65M | 246.42M | 124.56M | 119.02M |
| Total Liabilities | 7.49B | 6.95B | 6.22B | 6.31B | 4.93B | 5.42B |
| Stockholders Equity | 11.43B | 10.62B | 10.06B | 7.58B | 5.73B | 4.31B |
Cash Flow | ||||||
| Free Cash Flow | 977.10M | 1.98B | 2.96B | -3.03B | 1.56B | 1.07B |
| Operating Cash Flow | 1.45B | 2.91B | 3.70B | -2.00B | 1.92B | 1.48B |
| Investing Cash Flow | -1.82B | -907.35M | -2.15B | 1.90B | -620.86M | -1.52B |
| Financing Cash Flow | -966.72M | -2.60B | -542.34M | -265.74M | -92.94M | -14.63M |
Sharda Motor Industries Ltd. Technical Analysis
Negative
962.00
Price Trends
858.66
Negative
911.36
Negative
978.73
Negative
Market Momentum
-40.42
Positive
37.73
Neutral
21.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SHARDAMOTR, the sentiment is Negative. The current price of 962 is above the 20-day moving average (MA) of 789.33, above the 50-day MA of 858.66, and below the 200-day MA of 978.73, indicating a bearish trend. The MACD of -40.42 indicates Positive momentum. The RSI at 37.73 is Neutral, neither overbought nor oversold. The STOCH value of 21.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SHARDAMOTR.
Sharda Motor Industries Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹74.81B | -220.37 | ― | 0.16% | 7.38% | -73.62% | |
66 Neutral | ₹42.17B | 16.59 | ― | 2.75% | 6.96% | 6.33% | |
66 Neutral | ₹44.79B | 26.20 | ― | 0.62% | 26.75% | 20.28% | |
66 Neutral | ₹110.05B | 31.91 | ― | 0.35% | 36.70% | 36.24% | |
65 Neutral | ₹15.32B | 15.60 | ― | 0.32% | 0.74% | -17.90% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
54 Neutral | ₹56.41B | 126.88 | ― | 0.63% | 14.20% | 16.80% |
* Consumer Cyclical Sector Average
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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.