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    Sandhar Technologies Limited

    Diversified auto-component maker of locking systems, die-castings, sheet metal, and mirrors for 2W/PV/OHV OEMs

    Automobile and Auto Components
    Consumer Discretionary
    View SANDHAR earnings calls
    ₹707.95
    +22.41% from avg

    Overview

    Price

    ₹707.95

    Market Cap

    ₹3.5k Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital6060606060606060
    Reserves7027447998609561.1k1.2k1.3k
    Borrowings2833106206667419249551.1k
    Other Liabilities3214824975636627271.0k995
    Total Liabilities1.4k1.6k2.0k2.1k2.4k2.8k3.2k3.5k
    AssetsFixed Assets8318429421.2k1.3k1.3k1.5k1.7k
    CWIP3315128115766986100
    Investments4858534957616067
    Other Assets4546828538149501.3k1.5k1.6k
    Total Assets1.4k1.6k2.0k2.1k2.4k2.8k3.2k3.5k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating13323912449308275247210
    Cash from Investing-141-112-98-310-269-241-300-221
    Cash from Financing-243-124-26260-37-710128
    SummaryCapital Expenditure
    Free Cash Flow1215349-2475842-59-71
    FCF Margin

    Valuation

    Assumptions

    Current — SANDHAR
    Price
    ₹708
    EPS (TTM)
    ₹22.51
    PE (TTM)
    31.4
    Profit growth
    22.2%

    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 (25.7×) and current (31.4×) 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
    ₹708
    vs
    Fair value · 15% return
    ₹725
    2%Undervalued

    At 22.2% growth and a 26× exit, ₹708 only delivers your return if you pay ₹725. The price is currently baking in 22% growth.

    EPS grows 22.2%/yr for 5 years, then fades to 6% over 2, exits at 26×.

    YearGrowthEPS (₹)
    FY2722.2%27.51
    FY2822.2%33.61
    FY2922.2%41.08
    FY3022.2%50.19
    FY3122.2%61.34
    FY3214.1% ·fade69.99
    FY336.0% ·fade74.19

    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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