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Sharda Motor Industries Ltd (SHARDAMOTR)

₹24831.96%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • ₹2,483
    ₹2,483
  • 52 Week's Low

    52 Week's High

    ₹805
    ₹2,952.1
1 Month Return+ 41.5 %
3 Month Return+ 68.38 %
1 Year Return+ 209 %
Previous Close₹2,532.75
Open₹2,483.00
Volume54.45K
Upper Circuit-
Lower Circuit-
Market Cap₹7,530.28Cr

Key Statistics

P/E Ratio25.14
PEG Ratio0.82
Market Cap₹7,530.28 Cr
P/B Ratio2.13
EPS29.234

Mutual Fund Holdings

Funds HoldingsPrev. 1M
ICICI Prudential Flexicap Fund Direct GrowthICICI Prudential Flexicap Fund Direct Growth0.71%
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.16%
HDFC Manufacturing Fund Direct GrowthHDFC Manufacturing Fund Direct Growth0.58%
Axis Small Cap Fund Direct GrowthAxis Small Cap Fund Direct Growth0.26%
HSBC Small Cap Fund Fund Direct GrowthHSBC Small Cap Fund Fund Direct Growth0.27%

Company Information

Sharda Motor Industries was established in 1986 and is recognized to be the market leader in manufacturing exhaust systems, catalytic converters, independent suspension seat frames, seat covers, two-wheelers, four-wheelers, soft-top canopies, and pressed part white goods products. Their incorporation took place on 29th January 1986 under the Companies Act 1956 with the Registrar of Companies NCT Delhi Haryana and received their Certificate of Commencement of Business on 31st January of the same year. With 34 years of experience in this field, they have successfully carved a place for themselves.

Share Price: ₹2483.00 per share as on 19 Jul, 2024 10:10 AM
Market Capitalisation: ₹7,530.28Cr as of today
Revenue: ₹703.39Cr as on March 2024 (Q1 24)
Net Profit: ₹88.30Cr as on March 2024 (Q1 24)
Listing date: 03 Sep, 2015
Chairperson Name: Kishan N Parikh
OrganisationSharda Motor Industries Ltd
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Sharda Motor Industries Ltd

  • Mutual Funds Buy Stake in Sharda Motor Industries; Stock Surges 19% - 01 Jul, 2024

    Sharda Motor Industries' stock surged 19% to hit a new high of Rs 2,618.80 after mutual funds bought nearly 9% stake in the company via open market deals. The auto ancillary firm reported strong operational performance in FY24 with consolidated profit after tax rising 44% to Rs 299.6 crore and revenue growing 4% to Rs 2,809 crore.

  • Sharda Motor's Promoter Sells Shares Worth Rs 499 Crore - 27 Jun, 2024

    Promoter Mala Relan sold shares of Sharda Motor Industries worth Rs 499 crore in a block deal on NSE. The company's revenue and net profits increased YoY. The stock rose by 3.13%.

  • Sharda Motor Industries Shares Surge After Block Deal - 26 Jun, 2024

    Sharda Motor Industries' shares skyrocketed by around 10% to hit an all-time high of Rs 2,193.10 following a block deal worth Rs 474 crore on the exchanges. The company also executed a buyback program worth Rs 184.99 crore earlier this month. Brokerage firm YES Securities remains positive on Sharda Motor citing its robust balance sheet, significant cash reserves, healthy return ratios, attractive valuations, and potential for consistent growth.

  • YES Securities Recommends Buy on Sharda Motor Industries Ltd - 10 Jun, 2024

    Sharda Motor Industries Limited (SMIL) is recommended as a buy by YES Securities due to its increasing content per vehicle, strong balance sheet, and attractive valuations.

  • Sharda Motor Industries Announces Share Buyback - 08 Jun, 2024

    Sharda Motor Industries is set to buy back up to 10,27,777 equity shares at a price of Rs 1,800 per share for an aggregate amount not exceeding Rs 184.99 crore.

  • Sharda Motor Industries Approves Share Buyback - 05 Jun, 2024

    The board of directors of Sharda Motor Industries has approved a buyback of 10.28 lakh shares at a price of Rs 1,800 per share, with the record date set for June 5.

Insights on Sharda Motor Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 711.75 Cr → 734.88 Cr (in ₹), with an average increase of 3.2% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, SHARDAMOTR has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.04% to 7.90% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.55% to 2.43% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 75.97 Cr → 88.3 Cr (in ₹), with an average increase of 14.0% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, SHARDAMOTR stock has moved up by 45.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 349.1% return, outperforming this stock by 22.5%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 73.20% to 64.31% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 24.83% to 23.95% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹703.39Cr
↑2.07%
Net Income
₹88.30Cr
↑16.23%
Net Profit Margin
12.55%
↑13.88%
2023Y/Y Change
Revenue
₹2,699.94Cr
↑19.71%
Net Income
₹208.33Cr
↑39.61%
Net Profit Margin
7.72%
↑16.62%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,418.68Cr
↑29.84%
Total Liabilities
₹636.85Cr
↑29.22%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹200.34Cr
↓204.46%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
64.31%
-12.15
Foreign Institutions
2.43%
56.51
Mutual Funds
7.9%
19358.37
Retail Investors
23.95%
-3.57
Others
1.42%
274.45

Key Indicators

Sharda Motor Industries Ltd Valuation

Sharda Motor Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.12x)

March 24, 2020

Today (25.14x)

July 18, 2024

Industry (64.72x)

July 18, 2024

Highest (35.55x)

December 16, 2020

LowHigh

Earnings and Dividends

  • Sharda Motor Industries Ltd Earnings Results

    Sharda Motor Industries Ltd’s net profit jumped 42.26% since last year same period to ₹88.30Cr in the Q4 2023-2024. On a quarterly growth basis, Sharda Motor Industries Ltd has generated 16.23% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Sharda Motor Industries Ltd Dividends May,2023

    In the quarter ending March 2023, Sharda Motor Industries Ltd has declared dividend of ₹17.27 - translating a dividend yield of 1%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Sharda Motor Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Sharda Motor Industries Ltd (SHARDAMOTR) share price today is ₹2483

Sharda Motor Industries Ltd is listed on NSE

Sharda Motor Industries Ltd is listed on BSE

  • Today’s highest price of Sharda Motor Industries Ltd is ₹2483.
  • Today’s lowest price of Sharda Motor Industries Ltd is ₹2483.

PE Ratio of Sharda Motor Industries Ltd is 25.14

PE ratio = Sharda Motor Industries Ltd Market price per share / Sharda Motor Industries Ltd Earnings per share

Today’s traded volume of Sharda Motor Industries Ltd(SHARDAMOTR) is 54.45K.

Today’s market capitalisation of Sharda Motor Industries Ltd(SHARDAMOTR) is ₹7530.28Cr.

Sharda Motor Industries Ltd(SHARDAMOTRPrice
52 Week High
₹2952.1
52 Week Low
₹805

Sharda Motor Industries Ltd(SHARDAMOTR) share price is ₹2483. It is down -15.89% from its 52 Week High price of ₹2952.1

Sharda Motor Industries Ltd(SHARDAMOTR) share price is ₹2483. It is up 208.45% from its 52 Week Low price of ₹805

Sharda Motor Industries Ltd(SHARDAMOTRReturns
1 Day Returns
-49.75%
1 Month Returns
41.5%
3 Month Returns
68.38%
1 Year Returns
209%