| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 763 | 689 | 703 | 685 | 711 | 690 | 750 | 756 | 787 | 882 | 972 | 1,011 | |
Growth YoY Revenue Growth YoY% | 9.3 | 0.5 | 2.2 | 4.8 | -6.7 | 0.1 | 6.6 | 10.3 | 10.7 | 27.8 | 29.6 | 33.7 |
| 663 | 595 | 604 | 590 | 606 | 595 | 649 | 658 | 686 | 775 | 859 | 908 | |
| 99 | 94 | 99 | 96 | 105 | 95 | 101 | 98 | 101 | 106 | 113 | 103 | |
OPM OPM% | 13.0 | 13.7 | 14.1 | 14.0 | 14.8 | 13.7 | 13.4 | 13.0 | 12.8 | 12.1 | 11.6 | 10.2 |
| 20 | 23 | 31 | 20 | 15 | 22 | 29 | 46 | 18 | 19 | 25 | 28 | |
Interest Expense Interest ExpenseCr | 1 | 1 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
Depreciation DepreciationCr | 13 | 14 | 14 | 13 | 14 | 15 | 17 | 14 | 16 | 17 | 17 | 15 |
PBT PBTCr | 106 | 102 | 117 | 102 | 106 | 101 | 111 | 130 | 102 | 107 | 120 | 115 |
| 26 | 27 | 28 | 26 | 27 | 25 | 27 | 30 | 27 | 26 | 30 | 28 | |
| 80 | 76 | 88 | 77 | 79 | 75 | 84 | 100 | 75 | 81 | 89 | 87 | |
Growth YoY PAT Growth YoY% | 48.1 | 63.8 | 42.3 | 39.1 | -1.7 | -0.7 | -4.9 | 30.1 | -5.1 | 7.8 | 6.5 | -13.4 |
NPM NPM% | 10.5 | 11.0 | 12.6 | 11.2 | 11.1 | 10.9 | 11.2 | 13.2 | 9.5 | 9.2 | 9.2 | 8.6 |
| 13.5 | 12.8 | 14.8 | 12.9 | 13.7 | 13.1 | 7.3 | 17.4 | 26.0 | 14.2 | 15.6 | 15.1 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 763 | 689 | 703 | 685 | 711 | 690 | 750 | 756 | 787 | 882 | 972 | 1,011 | |
Growth YoY Revenue Growth YoY% | 9.3 | 0.5 | 2.2 | 4.8 | -6.7 | 0.1 | 6.6 | 10.3 | 10.7 | 27.8 | 29.6 | 33.7 |
| 663 | 595 | 604 | 590 | 606 | 595 | 649 | 658 | 686 | 775 | 859 | 908 | |
| 99 | 94 | 99 | 96 | 105 | 95 | 101 | 98 | 101 | 106 | 113 | 103 | |
OPM OPM% | 13.0 | 13.7 | 14.1 | 14.0 | 14.8 | 13.7 | 13.4 | 13.0 | 12.8 | 12.1 | 11.6 | 10.2 |
| 20 | 23 | 31 | 20 | 15 | 22 | 29 | 46 | 18 | 19 | 25 | 28 | |
Interest Expense Interest ExpenseCr | 1 | 1 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
Depreciation DepreciationCr | 13 | 14 | 14 | 13 | 14 | 15 | 17 | 14 | 16 | 17 | 17 | 15 |
PBT PBTCr | 106 | 102 | 117 | 102 | 106 | 101 | 111 | 130 | 102 | 107 | 120 | 115 |
| 26 | 27 | 28 | 26 | 27 | 25 | 27 | 30 | 27 | 26 | 30 | 28 | |
| 80 | 76 | 88 | 77 | 79 | 75 | 84 | 100 | 75 | 81 | 89 | 87 | |
Growth YoY PAT Growth YoY% | 48.1 | 63.8 | 42.3 | 39.1 | -1.7 | -0.7 | -4.9 | 30.1 | -5.1 | 7.8 | 6.5 | -13.4 |
NPM NPM% | 10.5 | 11.0 | 12.6 | 11.2 | 11.1 | 10.9 | 11.2 | 13.2 | 9.5 | 9.2 | 9.2 | 8.6 |
| 13.5 | 12.8 | 14.8 | 12.9 | 13.7 | 13.1 | 7.3 | 17.4 | 26.0 | 14.2 | 15.6 | 15.1 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 927 | 1,042 | 1,155 | 1,140 | 863 | 1,737 | 2,255 | 2,700 | 2,809 | 2,837 | 3,397 | 3,652 |
Growth Revenue Growth% | 12.3 | 10.9 | -1.4 | -24.3 | 101.2 | 29.9 | 19.7 | 4.0 | 1.0 | 19.8 | 25.6 | |
| 831 | 912 | 1,010 | 995 | 767 | 1,607 | 2,028 | 2,418 | 2,448 | 2,440 | 2,978 | 3,228 | |
| 96 | 130 | 145 | 145 | 96 | 129 | 228 | 282 | 361 | 396 | 419 | 424 | |
OPM OPM% | 10.4 | 12.5 | 12.6 | 12.8 | 11.1 | 7.4 | 10.1 | 10.4 | 12.9 | 14.0 | 12.3 | 11.6 |
| 10 | 4 | 16 | 21 | 24 | 21 | 17 | 45 | 93 | 86 | 108 | 90 | |
Interest Expense Interest ExpenseCr | 12 | 8 | 2 | 0 | 1 | 1 | 1 | 2 | 2 | 4 | 4 | 4 |
Depreciation DepreciationCr | 44 | 50 | 44 | 41 | 40 | 44 | 41 | 46 | 53 | 58 | 63 | 65 |
PBT PBTCr | 50 | 76 | 116 | 125 | 78 | 105 | 203 | 278 | 399 | 420 | 459 | 444 |
| 16 | 20 | 38 | 38 | 21 | 27 | 54 | 70 | 100 | 105 | 114 | 112 | |
PAT PATCr | 33 | 56 | 78 | 87 | 58 | 79 | 149 | 208 | 300 | 315 | 345 | 332 |
Growth PAT Growth% | 67.5 | 39.1 | 11.7 | -33.5 | 36.1 | 89.9 | 39.6 | 43.8 | 5.1 | 9.7 | -1.8 | |
NPM NPM% | 3.6 | 5.4 | 6.7 | 7.6 | 6.7 | 4.5 | 6.6 | 7.7 | 10.7 | 11.1 | 10.2 | 9.1 |
| 5.6 | 10.2 | 14.8 | 15.9 | 8.8 | 11.2 | 25.1 | 35.0 | 50.4 | 27.4 | 60.2 | 70.8 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 927 | 1,042 | 1,155 | 1,140 | 863 | 1,737 | 2,255 | 2,700 | 2,809 | 2,837 | 3,397 | 3,652 |
Growth Revenue Growth% | 12.3 | 10.9 | -1.4 | -24.3 | 101.2 | 29.9 | 19.7 | 4.0 | 1.0 | 19.8 | 25.6 | |
| 831 | 912 | 1,010 | 995 | 767 | 1,607 | 2,028 | 2,418 | 2,448 | 2,440 | 2,978 | 3,228 | |
| 96 | 130 | 145 | 145 | 96 | 129 | 228 | 282 | 361 | 396 | 419 | 424 | |
OPM OPM% | 10.4 | 12.5 | 12.6 | 12.8 | 11.1 | 7.4 | 10.1 | 10.4 | 12.9 | 14.0 | 12.3 | 11.6 |
| 10 | 4 | 16 | 21 | 24 | 21 | 17 | 45 | 93 | 86 | 108 | 90 | |
Interest Expense Interest ExpenseCr | 12 | 8 | 2 | 0 | 1 | 1 | 1 | 2 | 2 | 4 | 4 | 4 |
Depreciation DepreciationCr | 44 | 50 | 44 | 41 | 40 | 44 | 41 | 46 | 53 | 58 | 63 | 65 |
PBT PBTCr | 50 | 76 | 116 | 125 | 78 | 105 | 203 | 278 | 399 | 420 | 459 | 444 |
| 16 | 20 | 38 | 38 | 21 | 27 | 54 | 70 | 100 | 105 | 114 | 112 | |
PAT PATCr | 33 | 56 | 78 | 87 | 58 | 79 | 149 | 208 | 300 | 315 | 345 | 332 |
Growth PAT Growth% | 67.5 | 39.1 | 11.7 | -33.5 | 36.1 | 89.9 | 39.6 | 43.8 | 5.1 | 9.7 | -1.8 | |
NPM NPM% | 3.6 | 5.4 | 6.7 | 7.6 | 6.7 | 4.5 | 6.6 | 7.7 | 10.7 | 11.1 | 10.2 | 9.1 |
| 5.6 | 10.2 | 14.8 | 15.9 | 8.8 | 11.2 | 25.1 | 35.0 | 50.4 | 27.4 | 60.2 | 70.8 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 11 |
Reserves ReservesCr | 241 | 300 | 379 | 469 | 359 | 425 | 567 | 752 | 1,000 | 1,056 | 1,302 |
| 259 | 241 | 220 | 235 | 243 | 525 | 473 | 599 | 588 | 635 | 840 | |
| 41 | 26 | 12 | 12 | 15 | 17 | 20 | 32 | 34 | 60 | 62 | |
| 547 | 572 | 616 | 721 | 622 | 973 | 1,066 | 1,389 | 1,628 | 1,757 | 2,215 | |
| 263 | 337 | 393 | 466 | 397 | 755 | 872 | 1,120 | 1,041 | 1,418 | 1,662 | |
| 284 | 235 | 223 | 255 | 225 | 218 | 194 | 269 | 587 | 339 | 553 | |
| 547 | 572 | 616 | 721 | 622 | 973 | 1,066 | 1,389 | 1,628 | 1,757 | 2,215 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 11 |
Reserves ReservesCr | 241 | 300 | 379 | 469 | 359 | 425 | 567 | 752 | 1,000 | 1,056 | 1,302 |
| 259 | 241 | 220 | 235 | 243 | 525 | 473 | 599 | 588 | 635 | 840 | |
| 41 | 26 | 12 | 12 | 15 | 17 | 20 | 32 | 34 | 60 | 62 | |
| 547 | 572 | 616 | 721 | 622 | 973 | 1,066 | 1,389 | 1,628 | 1,757 | 2,215 | |
| 263 | 337 | 393 | 466 | 397 | 755 | 872 | 1,120 | 1,041 | 1,418 | 1,662 | |
| 284 | 235 | 223 | 255 | 225 | 218 | 194 | 269 | 587 | 339 | 553 | |
| 547 | 572 | 616 | 721 | 622 | 973 | 1,066 | 1,389 | 1,628 | 1,757 | 2,215 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 92 | 164 | 116 | 95 | -64 | 148 | 192 | -200 | 370 | 271 | 363 | |
| -61 | -84 | -30 | -42 | 73 | -152 | -62 | 190 | -215 | -68 | -370 | |
| -43 | -77 | -70 | -5 | -1 | -1 | -9 | -27 | -54 | -262 | -100 | |
Net Cash Flow Net Cash FlowCr | -12 | 3 | 16 | 48 | 8 | -6 | 120 | -36 | 101 | -59 | -107 |
Free Cash Flow Free Cash FlowCr | 89 | 151 | 98 | 38 | -77 | 125 | 214 | -186 | 413 | 304 | 415 |
CFO To PAT CFO To PAT% | 275.3 | 293.7 | 148.8 | 108.8 | -110.3 | 188.5 | 128.5 | -96.2 | 123.3 | 85.9 | 105.1 |
CFO To EBITDA CFO To EBITDA% | 95.3 | 126.6 | 79.6 | 65.1 | -66.4 | 114.6 | 84.2 | -71.1 | 102.3 | 68.3 | 86.7 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 92 | 164 | 116 | 95 | -64 | 148 | 192 | -200 | 370 | 271 | 363 | |
| -61 | -84 | -30 | -42 | 73 | -152 | -62 | 190 | -215 | -68 | -370 | |
| -43 | -77 | -70 | -5 | -1 | -1 | -9 | -27 | -54 | -262 | -100 | |
Net Cash Flow Net Cash FlowCr | -12 | 3 | 16 | 48 | 8 | -6 | 120 | -36 | 101 | -59 | -107 |
Free Cash Flow Free Cash FlowCr | 89 | 151 | 98 | 38 | -77 | 125 | 214 | -186 | 413 | 304 | 415 |
CFO To PAT CFO To PAT% | 275.3 | 293.7 | 148.8 | 108.8 | -110.3 | 188.5 | 128.5 | -96.2 | 123.3 | 85.9 | 105.1 |
CFO To EBITDA CFO To EBITDA% | 95.3 | 126.6 | 79.6 | 65.1 | -66.4 | 114.6 | 84.2 | -71.1 | 102.3 | 68.3 | 86.7 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 469 | 1,227 | 1,149 | 888 | 330 | 1,168 | 2,219 | 1,662 | 4,058 | 4,529 | 4,057 | 5,670 |
Price To Earnings Price To Earnings | 13.9 | 20.1 | 13.1 | 9.4 | 6.3 | 17.5 | 14.9 | 8.0 | 13.5 | 14.4 | 11.7 | 13.9 |
Price To Sales Price To Sales | 0.5 | 1.2 | 1.0 | 0.8 | 0.4 | 0.7 | 1.0 | 0.6 | 1.4 | 1.6 | 1.2 | 1.6 |
Price To Book Price To Book | 1.9 | 4.0 | 3.0 | 1.9 | 0.9 | 2.7 | 3.9 | 2.2 | 4.0 | 4.3 | 3.1 | 4.3 |
EV To EBITDA EV To EBITDA | 5.6 | 9.3 | 7.4 | 5.1 | 2.0 | 7.1 | 8.1 | 5.4 | 10.6 | 11.1 | 9.6 | 13.0 |
GPM GPM% | 22.4 | 24.1 | 24.6 | 25.7 | 27.4 | 15.1 | 16.9 | 16.6 | 20.1 | 21.4 | 19.4 | 19.4 |
OPM OPM% | 10.4 | 12.5 | 12.6 | 12.8 | 11.1 | 7.4 | 10.1 | 10.4 | 12.9 | 14.0 | 12.3 | 11.6 |
NPM NPM% | 3.6 | 5.4 | 6.7 | 7.6 | 6.7 | 4.5 | 6.6 | 7.7 | 10.7 | 11.1 | 10.2 | 9.1 |
ROCE ROCE% | 17.5 | 24.3 | 30.7 | 26.4 | 21.2 | 24.1 | 34.9 | 35.8 | 39.0 | 38.1 | 34.0 | 34.0 |
ROE ROE% | 13.5 | 18.3 | 20.2 | 18.3 | 15.8 | 18.2 | 26.1 | 27.5 | 29.8 | 29.7 | 26.3 | 26.3 |
ROA ROA% | 6.1 | 9.8 | 12.6 | 12.1 | 9.3 | 8.1 | 14.0 | 15.0 | 18.4 | 17.9 | 15.6 | 15.6 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 469 | 1,227 | 1,149 | 888 | 330 | 1,168 | 2,219 | 1,662 | 4,058 | 4,529 | 4,057 | 5,670 |
Price To Earnings Price To Earnings | 13.9 | 20.1 | 13.1 | 9.4 | 6.3 | 17.5 | 14.9 | 8.0 | 13.5 | 14.4 | 11.7 | 13.9 |
Price To Sales Price To Sales | 0.5 | 1.2 | 1.0 | 0.8 | 0.4 | 0.7 | 1.0 | 0.6 | 1.4 | 1.6 | 1.2 | 1.6 |
Price To Book Price To Book | 1.9 | 4.0 | 3.0 | 1.9 | 0.9 | 2.7 | 3.9 | 2.2 | 4.0 | 4.3 | 3.1 | 4.3 |
EV To EBITDA EV To EBITDA | 5.6 | 9.3 | 7.4 | 5.1 | 2.0 | 7.1 | 8.1 | 5.4 | 10.6 | 11.1 | 9.6 | 13.0 |
GPM GPM% | 22.4 | 24.1 | 24.6 | 25.7 | 27.4 | 15.1 | 16.9 | 16.6 | 20.1 | 21.4 | 19.4 | 19.4 |
OPM OPM% | 10.4 | 12.5 | 12.6 | 12.8 | 11.1 | 7.4 | 10.1 | 10.4 | 12.9 | 14.0 | 12.3 | 11.6 |
NPM NPM% | 3.6 | 5.4 | 6.7 | 7.6 | 6.7 | 4.5 | 6.6 | 7.7 | 10.7 | 11.1 | 10.2 | 9.1 |
ROCE ROCE% | 17.5 | 24.3 | 30.7 | 26.4 | 21.2 | 24.1 | 34.9 | 35.8 | 39.0 | 38.1 | 34.0 | 34.0 |
ROE ROE% | 13.5 | 18.3 | 20.2 | 18.3 | 15.8 | 18.2 | 26.1 | 27.5 | 29.8 | 29.7 | 26.3 | 26.3 |
ROA ROA% | 6.1 | 9.8 | 12.6 | 12.1 | 9.3 | 8.1 | 14.0 | 15.0 | 18.4 | 17.9 | 15.6 | 15.6 |
Documents — Sharda Motor Industries Ltd
Concall Transcript Summaries — Sharda Motor Industries Ltd