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    Ndr Auto Components Limited

    Auto-ancillary maker of seat frames, trims & interiors for 2W/4W OEMs; ~30% of Maruti Suzuki seating needs

    Automobile and Auto Components
    Consumer Discretionary
    View NDRAUTO earnings calls
    ₹855.35
    +8.79% from avg

    Overview

    Price

    ₹855.35

    Market Cap

    ₹1.9k Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital666612243324
    Reserves127134144164188217300263
    Borrowings04133431325233
    Other Liabilities19404692112151146142
    Total Liabilities152184209296343424532462
    AssetsFixed Assets334147133147153245241
    CWIP0332131228138
    Investments2223327625
    Other Assets117138128146181242198189
    Total Assets152184209296343424532462

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating3-2148278438
    Cash from Investing-101-4-35-6-42-61
    Cash from Financing-1-10-5-8-12-14
    SummaryCapital Expenditure
    Free Cash Flow3-16-282-736-24
    FCF Margin

    Valuation

    Assumptions

    Current — NDRAUTO
    Price
    ₹855
    EPS (TTM)
    ₹22.30
    PE (TTM)
    38.4
    Profit growth
    26.8%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (34.4×) and current (38.4×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹855
    vs
    Fair value · 15% return
    ₹1,153
    35%Undervalued

    At 26.8% growth and a 34× exit, ₹855 only delivers your return if you pay ₹1,153. The price is currently baking in 20% growth.

    EPS grows 26.8%/yr for 5 years, then fades to 6% over 2, exits at 34×.

    YearGrowthEPS (₹)
    FY2726.8%28.28
    FY2826.8%35.85
    FY2926.8%45.46
    FY3026.8%57.65
    FY3126.8%73.10
    FY3216.4% ·fade85.09
    FY336.0% ·fade90.19

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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