Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 3:37 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 541163 | NSE: SANDHAR

Sandhar Technologies Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹328.35Overvalued by 28.62%vs CMP ₹460.00

P/E (15.6) × ROE (12.8%) × BV (₹204.00) × DY (0.76%)

₹419.78Fairly Valued by 8.74%vs CMP ₹460.00
MoS: -9.6% (Negative)Confidence: 48/100 (Moderate)Models: 3 Under, 5 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹413.9326%Over (-10%)
Graham NumberEarnings₹367.8519%Over (-20%)
DCFCash Flow₹562.3513%Under (+22.3%)
Net Asset ValueAssets₹204.028%Over (-55.6%)
EV/EBITDAEnterprise₹577.2011%Under (+25.5%)
Earnings YieldEarnings₹294.808%Over (-35.9%)
ROCE CapitalReturns₹316.338%Over (-31.2%)
Revenue MultipleRevenue₹644.766%Under (+40.2%)
Consensus (8 models)₹419.78100%Fairly Valued
Key Drivers: EPS CAGR 26.1% lifts DCF — verify sustainability.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 26.1%

*Investments are subject to market risks

Investment Snapshot

69
Sandhar Technologies Ltd scores 69/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health74/100 · Strong
ROCE 12.3% GoodROE 12.8% GoodD/E 0.26 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 0.47% (6mo) Slight increasePromoter holding at 70.4% Stable
Earnings Quality60/100 · Moderate
OPM stable around 10% SteadyWorking capital: -14 days (improving) Efficient
Quarterly Momentum90/100 · Strong
Revenue (4Q): +20% YoY AcceleratingProfit (4Q): +31% YoY Strong
Industry Rank55/100 · Moderate
P/E 15.6 vs industry 101.1 Cheaper than peersROCE 12.3% vs industry 15.1% AverageROE 12.8% vs industry 122.8% Below peers3Y sales CAGR: 19% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:37 am

Market Cap 2,771 Cr.
Current Price 460
Intrinsic Value₹419.78
High / Low 601/342
Stock P/E15.6
Book Value 204
Dividend Yield0.76 %
ROCE12.3 %
ROE12.8 %
Face Value 10.0
PEG Ratio0.60

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Sandhar Technologies Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Sandhar Technologies Ltd 2,771 Cr. 460 601/34215.6 2040.76 %12.3 %12.8 % 10.0
Divgi Torqtransfer Systems Ltd 1,932 Cr. 632 803/41052.5 1990.41 %5.69 %4.14 % 5.00
Sharda Motor Industries Ltd 4,260 Cr. 742 1,258/62513.2 2022.19 %34.6 %26.5 % 2.00
Precision Camshafts Ltd 1,116 Cr. 118 263/10422.1 85.80.85 %6.19 %3.93 % 10.0
Bharat Seats Ltd 979 Cr. 156 240/68.023.7 32.90.71 %15.6 %18.0 % 2.00
Industry Average5,187.70 Cr573.81101.13154.700.78%15.11%122.81%5.59

All Competitor Stocks of Sandhar Technologies Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 7237658298858909189139849741,0141,0901,2701,185
Expenses 6576977568048018208278858799101,0081,1521,076
Operating Profit 65687381899886999510482118108
OPM % 9%9%9%9%10%11%9%10%10%10%8%9%9%
Other Income 2834357751021393
Interest 9111113131414141415171717
Depreciation 31333537404241424444504449
Profit before tax 27323035394637504256369645
Tax % 27%22%27%22%34%23%22%20%28%23%23%23%25%
Net Profit 20252228253629403043287333
EPS in Rs 3.274.043.554.544.195.964.836.654.987.084.6512.195.56

Last Updated: March 3, 2026, 2:58 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 4:46 pm

MetricMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 1,4821,5131,6111,9462,3361,9431,8642,3242,9093,5213,8844,559
Expenses 1,3431,3721,4661,7432,0911,7571,6862,1302,6633,1803,5014,147
Operating Profit 139141146203245187177193246341383412
OPM % 9%9%9%10%10%10%10%8%8%10%10%9%
Other Income 617461011611142973
Interest 414243432420161836525766
Depreciation 52555868819894100122154171187
Profit before tax 51455297145787881100150185232
Tax % 25%25%20%32%34%27%26%31%27%27%23%
Net Profit 383442669657585674110142177
EPS in Rs 7.486.548.0710.8015.819.459.599.2612.1218.2423.5329.48
Dividend Payout % 25%54%25%19%16%21%23%24%21%18%15%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-10.53%23.53%57.14%45.45%-40.62%1.75%-3.45%32.14%48.65%29.09%
Change in YoY Net Profit Growth (%)0.00%34.06%33.61%-11.69%-86.08%42.38%-5.20%35.59%16.51%-19.56%

Sandhar Technologies Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:10%
5 Years:15%
3 Years:19%
TTM:13%
Compounded Profit Growth
10 Years:14%
5 Years:20%
3 Years:36%
TTM:18%
Stock Price CAGR
10 Years:%
5 Years:15%
3 Years:27%
1 Year:-26%
Return on Equity
10 Years:10%
5 Years:10%
3 Years:11%
Last Year:13%

Last Updated: September 5, 2025, 1:20 pm

Balance Sheet

Last Updated: December 10, 2025, 3:21 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 105151606060606060606060
Reserves 2492222515746597027447998609561,0791,169
Borrowings 370395460484268283310614666741924955
Other Liabilities 2862963054674753214825035636627271,020
Total Liabilities 9169651,0671,5851,4621,3671,5971,9762,1502,4202,7903,204
Fixed Assets 4765285956787438318429421,1721,3361,3431,533
CWIP 40552972373315128115766986
Investments 3411243948585349576160
Other Assets 3963774338116424546828538149501,3181,525
Total Assets 9169651,0671,5851,4621,3671,5971,9762,1502,4202,7903,204

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1001449618813323912449308275247
Cash from Investing Activity + -118-103-107-186-141-112-98-310-269-241-300
Cash from Financing Activity + 20-4114247-243-124-26260-37-7101
Net Cash Flow 2-02249-2513-1-222748
Free Cash Flow -1137-10131215349-2475842-59
CFO/OP 80%113%72%101%76%141%81%35%136%91%78%

Free Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-231.00-254.00-314.00-281.00-23.00-96.00-133.00-421.00-420.00-400.00-541.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 4640475053367770454752
Inventory Days 6365636658647167605763
Days Payable 9091901129479131103828381
Cash Conversion Cycle 191419517221735232234
Working Capital Days 2418-29-72-14-13123-2-10-14
ROCE %14%13%15%16%10%9%8%9%12%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 70.38%70.38%70.38%70.38%70.38%70.38%70.38%70.38%70.38%70.38%70.38%70.38%
FIIs 0.91%1.65%1.35%1.52%1.48%1.61%0.90%0.73%0.69%0.83%0.66%1.16%
DIIs 16.52%16.96%16.96%16.41%16.15%16.31%16.17%15.69%15.70%15.75%15.85%15.88%
Public 12.19%11.01%11.30%11.69%11.99%11.69%12.54%13.21%13.23%13.05%13.11%12.58%
No. of Shareholders 30,73128,41229,34631,28637,27035,85537,58840,19540,78339,06339,72239,514

Shareholding Pattern Chart

No. of Shareholders

Sandhar Technologies Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Small Cap Fund 2,482,877 0.18 121.492,555,4462025-12-15 01:37:16-2.84%
Kotak Small Cap Fund 1,933,858 0.58 94.62N/AN/AN/A
Bandhan ELSS Tax Saver Fund 1,000,000 0.69 48.93998,5772026-01-26 03:31:170.14%
ICICI Prudential Dividend Yield Equity Fund 391,469 0.3 19.15313,6892025-12-08 06:18:4824.8%
ICICI Prudential Equity & Debt Fund 320,530 0.03 15.68341,7372025-12-08 02:56:21-6.21%
Bandhan Transportation and Logistics Fund 230,000 1.71 11.25220,0002026-01-26 06:56:374.55%
Groww Value Fund 17,413 1.29 0.85N/AN/AN/A
Groww Aggressive Hybrid Fund 11,183 1.1 0.55N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 23.5318.3212.229.299.61
Diluted EPS (Rs.) 23.5318.3212.229.299.61
Cash EPS (Rs.) 50.2643.1932.8828.0227.08
Book Value[Excl.RevalReserv]/Share (Rs.) 189.28168.90153.66143.35134.25
Book Value[Incl.RevalReserv]/Share (Rs.) 189.28168.90153.66143.35134.25
Revenue From Operations / Share (Rs.) 645.37584.99483.28386.06309.61
PBDIT / Share (Rs.) 66.4258.3843.4635.3933.09
PBIT / Share (Rs.) 38.0832.8623.2718.7717.48
PBT / Share (Rs.) 29.0624.3017.1415.6414.82
Net Profit / Share (Rs.) 21.9217.6612.6911.4011.47
NP After MI And SOA / Share (Rs.) 23.5318.2412.129.269.60
PBDIT Margin (%) 10.299.978.999.1610.68
PBIT Margin (%) 5.905.614.814.865.64
PBT Margin (%) 4.504.153.544.054.78
Net Profit Margin (%) 3.393.012.622.953.70
NP After MI And SOA Margin (%) 3.643.112.502.393.09
Return on Networth / Equity (%) 12.4310.797.926.487.17
Return on Capital Employeed (%) 14.6113.5510.209.3610.47
Return On Assets (%) 5.074.523.382.823.61
Long Term Debt / Equity (X) 0.230.280.330.280.12
Total Debt / Equity (X) 0.720.610.590.600.26
Asset Turnover Ratio (%) 1.491.541.431.271.21
Current Ratio (X) 0.940.940.991.041.12
Quick Ratio (X) 0.600.600.610.700.76
Inventory Turnover Ratio (X) 10.416.767.737.156.18
Dividend Payout Ratio (NP) (%) 13.8113.7318.6010.9020.94
Dividend Payout Ratio (CP) (%) 6.265.726.973.907.97
Earning Retention Ratio (%) 86.1986.2781.4089.1079.06
Cash Earning Retention Ratio (%) 93.7494.2893.0396.1092.03
Interest Coverage Ratio (X) 7.066.827.3112.0312.43
Interest Coverage Ratio (Post Tax) (X) 3.293.063.174.945.31
Enterprise Value (Cr.) 3029.573735.331760.671827.161443.78
EV / Net Operating Revenue (X) 0.771.060.600.780.77
EV / EBITDA (X) 7.5810.636.738.587.25
MarketCap / Net Operating Revenue (X) 0.580.890.410.560.66
Retention Ratios (%) 86.1886.2681.3989.0979.05
Price / BV (X) 2.013.091.321.531.54
Price / Net Operating Revenue (X) 0.580.890.410.560.66
EarningsYield 0.060.030.060.040.04

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Sandhar Technologies Ltd. is a Public Limited Listed company incorporated on 19/10/1987 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74999DL1987PLC029553 and registration number is 029553. Currently Company is involved in the business activities of Manufacture of other fabricated metal products; metalworking service activities. Company's Total Operating Revenue is Rs. 2913.04 Cr. and Equity Capital is Rs. 60.19 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Auto Ancl - OthersB-6/20 L.S.C. New Delhi Delhi 110029Contact not found
Management
NamePosition Held
Mr. Jayant DavarChairman & M.D & CEO
Mrs. Monica DavarNon Exe.Non Ind.Director
Mr. Sandeep DinodiaNon Exe.Non Ind.Director
Mr. Neel Jay DavarNon Exe.Non Ind.Director
Mr. Vimal MahendruInd. Non-Executive Director
Mr. Bharat AnandInd. Non-Executive Director
Mrs. Archana CapoorInd. Non-Executive Director
Mr. Arjun SharmaInd. Non-Executive Director
Mr. Vikrampati SinghaniaInd. Non-Executive Director
Ms. Aabha BakayaInd. Non-Executive Director

FAQ

What is the intrinsic value of Sandhar Technologies Ltd and is it undervalued?

As of 12 April 2026, Sandhar Technologies Ltd's intrinsic value is ₹419.78, which is 8.74% lower than the current market price of ₹460.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (12.8 %), book value (₹204), dividend yield (0.76 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Sandhar Technologies Ltd?

Sandhar Technologies Ltd is trading at ₹460.00 as of 12 April 2026, with a FY2026-2027 high of ₹601 and low of ₹342. The stock is currently in the middle of its 52-week range. Market cap stands at ₹2,771 Cr..

How does Sandhar Technologies Ltd's P/E ratio compare to its industry?

Sandhar Technologies Ltd has a P/E ratio of 15.6, which is below the industry average of 101.13. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Sandhar Technologies Ltd financially healthy?

Key indicators for Sandhar Technologies Ltd: ROCE of 12.3 % is moderate. Dividend yield is 0.76 %.

Is Sandhar Technologies Ltd profitable and how is the profit trend?

Sandhar Technologies Ltd reported a net profit of ₹142 Cr in Mar 2025 on revenue of ₹3,884 Cr. Compared to ₹56 Cr in Mar 2022, the net profit shows an improving trend.

Does Sandhar Technologies Ltd pay dividends?

Sandhar Technologies Ltd has a dividend yield of 0.76 % at the current price of ₹460.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Sandhar Technologies Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports