Sandhar Technologies Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 12, 2025, 12:22 am

Market Cap	2,197 Cr.
Current Price	365
High / Low	698/315
Stock P/E	16.3
Book Value	177
Dividend Yield	0.89 %
ROCE	12.1 %
ROE	11.4 %
Face Value	10.0
PEG Ratio	0.88

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Sandhar Technologies Ltd

Competitors of Sandhar Technologies Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
G S Auto International Ltd	50.3 Cr.	34.6	54.8/30.0	30.6	15.6	0.00 %	10.1 %	3.21 %	5.00
Duncan Engineering Ltd	156 Cr.	421	902/277	26.2	149	0.83 %	18.4 %	13.9 %	10.0
Bharat Seats Ltd	481 Cr.	76.9	125/61.1	16.4	27.9	1.04 %	15.3 %	15.9 %	2.00
Automobile Corporation of Goa Ltd	776 Cr.	1,275	3,449/936	19.1	387	1.57 %	18.7 %	18.6 %	10.0
Akar Auto Industries Ltd	106 Cr.	98.0	149/87.8	17.1	44.4	0.61 %	17.3 %	13.1 %	5.00
Industry Average	4,007.63 Cr	486.31		29.56	145.63	0.86%	16.36%	15.36%	5.80

All Competitor Stocks of Sandhar Technologies Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	612	684	675	746	723	765	829	885	890	918	913	984	974
Expenses	563	623	623	690	657	697	756	804	801	820	827	885	879
Operating Profit	49	60	52	57	65	68	73	81	89	98	86	99	95
OPM %	8%	9%	8%	8%	9%	9%	9%	9%	10%	11%	9%	10%	10%
Other Income	1	1	3	3	2	8	3	4	3	5	7	7	5
Interest	4	6	7	8	9	11	11	13	13	14	14	14	14
Depreciation	25	27	29	29	31	33	35	37	40	42	41	42	44
Profit before tax	22	28	19	23	27	32	30	35	39	46	37	50	42
Tax %	39%	38%	32%	28%	27%	22%	27%	22%	34%	23%	22%	20%	28%
Net Profit	13	18	13	16	20	25	22	28	25	36	29	40	30
EPS in Rs	2.16	2.91	2.11	2.70	3.27	4.04	3.55	4.54	4.19	5.96	4.83	6.65	4.98

Last Updated: February 28, 2025, 5:21 pm

Below is a detailed analysis of the quarterly data for Sandhar Technologies Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 974.00 Cr.. The value appears to be declining and may need further review. It has decreased from 984.00 Cr. (Sep 2024) to 974.00 Cr., marking a decrease of 10.00 Cr..
For Expenses, as of Dec 2024, the value is 879.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 885.00 Cr. (Sep 2024) to 879.00 Cr., marking a decrease of 6.00 Cr..
For Operating Profit, as of Dec 2024, the value is 95.00 Cr.. The value appears to be declining and may need further review. It has decreased from 99.00 Cr. (Sep 2024) to 95.00 Cr., marking a decrease of 4.00 Cr..
For OPM %, as of Dec 2024, the value is 10.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 10.00%.
For Other Income, as of Dec 2024, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 7.00 Cr. (Sep 2024) to 5.00 Cr., marking a decrease of 2.00 Cr..
For Interest, as of Dec 2024, the value is 14.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 14.00 Cr..
For Depreciation, as of Dec 2024, the value is 44.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 42.00 Cr. (Sep 2024) to 44.00 Cr., marking an increase of 2.00 Cr..
For Profit before tax, as of Dec 2024, the value is 42.00 Cr.. The value appears to be declining and may need further review. It has decreased from 50.00 Cr. (Sep 2024) to 42.00 Cr., marking a decrease of 8.00 Cr..
For Tax %, as of Dec 2024, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 20.00% (Sep 2024) to 28.00%, marking an increase of 8.00%.
For Net Profit, as of Dec 2024, the value is 30.00 Cr.. The value appears to be declining and may need further review. It has decreased from 40.00 Cr. (Sep 2024) to 30.00 Cr., marking a decrease of 10.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 4.98. The value appears to be declining and may need further review. It has decreased from 6.65 (Sep 2024) to 4.98, marking a decrease of 1.67.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:58 pm

Metric	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,482	1,513	1,611	1,946	2,336	1,943	1,864	2,324	2,909	3,521	3,788
Expenses	1,343	1,372	1,466	1,743	2,091	1,757	1,686	2,130	2,663	3,180	3,411
Operating Profit	139	141	146	203	245	187	177	193	246	341	377
OPM %	9%	9%	9%	10%	10%	10%	10%	8%	8%	10%	10%
Other Income	6	1	7	4	6	10	11	6	11	14	23
Interest	41	42	43	43	24	20	16	18	36	52	56
Depreciation	52	55	58	68	81	98	94	100	122	154	169
Profit before tax	51	45	52	97	145	78	78	81	100	150	175
Tax %	25%	25%	20%	32%	34%	27%	26%	31%	27%	27%
Net Profit	38	34	42	66	96	57	58	56	74	110	135
EPS in Rs	7.48	6.54	8.07	10.80	15.81	9.45	9.59	9.26	12.12	18.24	22.42
Dividend Payout %	25%	54%	25%	19%	16%	21%	23%	24%	21%	18%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-10.53%	23.53%	57.14%	45.45%	-40.62%	1.75%	-3.45%	32.14%	48.65%
Change in YoY Net Profit Growth (%)	0.00%	34.06%	33.61%	-11.69%	-86.08%	42.38%	-5.20%	35.59%	16.51%

Sandhar Technologies Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2015-2016 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	9%
3 Years:	24%
TTM:	12%

Compounded Profit Growth
10 Years:	%
5 Years:	3%
3 Years:	24%
TTM:	37%

Stock Price CAGR
10 Years:	%
5 Years:	19%
3 Years:	14%
1 Year:	-28%

Return on Equity
10 Years:	%
5 Years:	8%
3 Years:	9%
Last Year:	11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:44 pm

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	10	51	51	60	60	60	60	60	60	60	60
Reserves	249	222	251	574	659	702	744	799	860	956	1,008
Borrowings	370	395	460	484	268	283	310	614	666	741	731
Other Liabilities	286	296	305	467	475	321	482	503	563	662	676
Total Liabilities	916	965	1,067	1,585	1,462	1,367	1,597	1,976	2,150	2,420	2,475
Fixed Assets	476	528	595	678	743	831	842	942	1,172	1,336	1,332
CWIP	40	55	29	72	37	33	15	128	115	76	88
Investments	3	4	11	24	39	48	58	53	49	57	66
Other Assets	396	377	433	811	642	454	682	853	814	950	988
Total Assets	916	965	1,067	1,585	1,462	1,367	1,597	1,976	2,150	2,420	2,475

Below is a detailed analysis of the balance sheet data for Sandhar Technologies Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹60.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 60.00 Cr..
For Reserves, as of Sep 2024, the value is ₹1,008.00 Cr.. The value appears strong and on an upward trend. It has increased from 956.00 Cr. (Mar 2024) to ₹1,008.00 Cr., marking an increase of 52.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹731.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 741.00 Cr. (Mar 2024) to ₹731.00 Cr., marking a decrease of 10.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹676.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 662.00 Cr. (Mar 2024) to ₹676.00 Cr., marking an increase of 14.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹2,475.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,420.00 Cr. (Mar 2024) to ₹2,475.00 Cr., marking an increase of 55.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹1,332.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,336.00 Cr. (Mar 2024) to ₹1,332.00 Cr., marking a decrease of 4.00 Cr..
For CWIP, as of Sep 2024, the value is ₹88.00 Cr.. The value appears strong and on an upward trend. It has increased from 76.00 Cr. (Mar 2024) to ₹88.00 Cr., marking an increase of 12.00 Cr..
For Investments, as of Sep 2024, the value is ₹66.00 Cr.. The value appears strong and on an upward trend. It has increased from 57.00 Cr. (Mar 2024) to ₹66.00 Cr., marking an increase of 9.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹988.00 Cr.. The value appears strong and on an upward trend. It has increased from 950.00 Cr. (Mar 2024) to ₹988.00 Cr., marking an increase of 38.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹2,475.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,420.00 Cr. (Mar 2024) to ₹2,475.00 Cr., marking an increase of 55.00 Cr..

Notably, the Reserves (1,008.00 Cr.) exceed the Borrowings (731.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

No data available for this post.

Free Cash Flow

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

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

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	46	40	47	50	53	36	77	70	45	47
Inventory Days	63	65	63	66	58	64	71	67	60	57
Days Payable	90	91	90	112	94	79	131	103	82	83
Cash Conversion Cycle	19	14	19	5	17	22	17	35	23	22
Working Capital Days	24	18	12	-33	27	25	38	47	31	27
ROCE %		14%	13%	15%	16%	10%	9%	8%	9%	12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
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	1.25%	0.98%	1.05%	1.09%	0.90%	0.91%	1.65%	1.35%	1.52%	1.48%	1.61%	0.90%
DIIs	15.68%	15.46%	16.11%	15.58%	16.81%	16.52%	16.96%	16.96%	16.41%	16.15%	16.31%	16.17%
Public	12.69%	13.18%	12.46%	12.95%	11.92%	12.19%	11.01%	11.30%	11.69%	11.99%	11.69%	12.54%
No. of Shareholders	33,246	33,664	32,647	34,125	32,181	30,731	28,412	29,346	31,286	37,270	35,855	37,588

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Small Cap Fund	2,425,852	0.27	119.64	N/A	N/A	N/A
DSP Small Cap Fund	2,353,894	0.91	118.84	N/A	N/A	N/A
Kotak Small Cap Fund - Regular Plan	1,933,858	0.68	95.38	N/A	N/A	N/A
Bandhan ELSS Tax Saver Fund	1,350,000	1.16	66.58	N/A	N/A	N/A
ICICI Prudential Equity & Debt Fund	341,737	0.06	17.25	N/A	N/A	N/A
ICICI Prudential Dividend Yield Equity Fund	313,689	0.55	15.84	N/A	N/A	N/A
Bandhan Transportation and Logistics Fund	200,000	2.55	9.86	N/A	N/A	N/A

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	18.32	12.22	9.29	9.61	9.47
Diluted EPS (Rs.)	18.32	12.22	9.29	9.61	9.47
Cash EPS (Rs.)	43.19	32.88	28.02	27.08	27.39
Book Value[Excl.RevalReserv]/Share (Rs.)	168.90	153.66	143.35	134.25	127.27
Book Value[Incl.RevalReserv]/Share (Rs.)	168.90	153.66	143.35	134.25	127.27
Revenue From Operations / Share (Rs.)	584.99	483.28	386.06	309.61	322.87
PBDIT / Share (Rs.)	58.38	43.46	35.39	33.09	34.29
PBIT / Share (Rs.)	32.86	23.27	18.77	17.48	17.94
PBT / Share (Rs.)	24.30	17.14	15.64	14.82	14.54
Net Profit / Share (Rs.)	17.66	12.69	11.40	11.47	11.04
NP After MI And SOA / Share (Rs.)	18.24	12.12	9.26	9.60	9.45
PBDIT Margin (%)	9.97	8.99	9.16	10.68	10.62
PBIT Margin (%)	5.61	4.81	4.86	5.64	5.55
PBT Margin (%)	4.15	3.54	4.05	4.78	4.50
Net Profit Margin (%)	3.01	2.62	2.95	3.70	3.42
NP After MI And SOA Margin (%)	3.11	2.50	2.39	3.09	2.92
Return on Networth / Equity (%)	10.79	7.92	6.48	7.17	7.46
Return on Capital Employeed (%)	13.55	10.20	9.36	10.47	12.45
Return On Assets (%)	4.52	3.38	2.82	3.61	4.16
Long Term Debt / Equity (X)	0.28	0.33	0.28	0.12	0.01
Total Debt / Equity (X)	0.61	0.59	0.60	0.26	0.25
Asset Turnover Ratio (%)	1.54	1.43	1.27	1.21	1.31
Current Ratio (X)	0.94	0.99	1.04	1.12	0.88
Quick Ratio (X)	0.60	0.61	0.70	0.76	0.49
Inventory Turnover Ratio (X)	6.76	7.73	7.15	6.18	6.06
Dividend Payout Ratio (NP) (%)	13.73	18.60	10.90	20.94	26.87
Dividend Payout Ratio (CP) (%)	5.72	6.97	3.90	7.97	9.84
Earning Retention Ratio (%)	86.27	81.40	89.10	79.06	73.13
Cash Earning Retention Ratio (%)	94.28	93.03	96.10	92.03	90.16
Interest Coverage Ratio (X)	6.82	7.31	12.03	12.43	10.09
Interest Coverage Ratio (Post Tax) (X)	3.06	3.17	4.94	5.31	4.25
Enterprise Value (Cr.)	3735.33	1760.67	1827.16	1443.78	965.80
EV / Net Operating Revenue (X)	1.06	0.60	0.78	0.77	0.49
EV / EBITDA (X)	10.63	6.73	8.58	7.25	4.68
MarketCap / Net Operating Revenue (X)	0.89	0.41	0.56	0.66	0.39
Retention Ratios (%)	86.26	81.39	89.09	79.05	73.12
Price / BV (X)	3.09	1.32	1.53	1.54	1.02
Price / Net Operating Revenue (X)	0.89	0.41	0.56	0.66	0.39
EarningsYield	0.03	0.06	0.04	0.04	0.07

After reviewing the key financial ratios for Sandhar Technologies Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 18.32. This value is within the healthy range. It has increased from 12.22 (Mar 23) to 18.32, marking an increase of 6.10.
For Diluted EPS (Rs.), as of Mar 24, the value is 18.32. This value is within the healthy range. It has increased from 12.22 (Mar 23) to 18.32, marking an increase of 6.10.
For Cash EPS (Rs.), as of Mar 24, the value is 43.19. This value is within the healthy range. It has increased from 32.88 (Mar 23) to 43.19, marking an increase of 10.31.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 168.90. It has increased from 153.66 (Mar 23) to 168.90, marking an increase of 15.24.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 168.90. It has increased from 153.66 (Mar 23) to 168.90, marking an increase of 15.24.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 584.99. It has increased from 483.28 (Mar 23) to 584.99, marking an increase of 101.71.
For PBDIT / Share (Rs.), as of Mar 24, the value is 58.38. This value is within the healthy range. It has increased from 43.46 (Mar 23) to 58.38, marking an increase of 14.92.
For PBIT / Share (Rs.), as of Mar 24, the value is 32.86. This value is within the healthy range. It has increased from 23.27 (Mar 23) to 32.86, marking an increase of 9.59.
For PBT / Share (Rs.), as of Mar 24, the value is 24.30. This value is within the healthy range. It has increased from 17.14 (Mar 23) to 24.30, marking an increase of 7.16.
For Net Profit / Share (Rs.), as of Mar 24, the value is 17.66. This value is within the healthy range. It has increased from 12.69 (Mar 23) to 17.66, marking an increase of 4.97.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 18.24. This value is within the healthy range. It has increased from 12.12 (Mar 23) to 18.24, marking an increase of 6.12.
For PBDIT Margin (%), as of Mar 24, the value is 9.97. This value is below the healthy minimum of 10. It has increased from 8.99 (Mar 23) to 9.97, marking an increase of 0.98.
For PBIT Margin (%), as of Mar 24, the value is 5.61. This value is below the healthy minimum of 10. It has increased from 4.81 (Mar 23) to 5.61, marking an increase of 0.80.
For PBT Margin (%), as of Mar 24, the value is 4.15. This value is below the healthy minimum of 10. It has increased from 3.54 (Mar 23) to 4.15, marking an increase of 0.61.
For Net Profit Margin (%), as of Mar 24, the value is 3.01. This value is below the healthy minimum of 5. It has increased from 2.62 (Mar 23) to 3.01, marking an increase of 0.39.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 3.11. This value is below the healthy minimum of 8. It has increased from 2.50 (Mar 23) to 3.11, marking an increase of 0.61.
For Return on Networth / Equity (%), as of Mar 24, the value is 10.79. This value is below the healthy minimum of 15. It has increased from 7.92 (Mar 23) to 10.79, marking an increase of 2.87.
For Return on Capital Employeed (%), as of Mar 24, the value is 13.55. This value is within the healthy range. It has increased from 10.20 (Mar 23) to 13.55, marking an increase of 3.35.
For Return On Assets (%), as of Mar 24, the value is 4.52. This value is below the healthy minimum of 5. It has increased from 3.38 (Mar 23) to 4.52, marking an increase of 1.14.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.28. This value is within the healthy range. It has decreased from 0.33 (Mar 23) to 0.28, marking a decrease of 0.05.
For Total Debt / Equity (X), as of Mar 24, the value is 0.61. This value is within the healthy range. It has increased from 0.59 (Mar 23) to 0.61, marking an increase of 0.02.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.54. It has increased from 1.43 (Mar 23) to 1.54, marking an increase of 0.11.
For Current Ratio (X), as of Mar 24, the value is 0.94. This value is below the healthy minimum of 1.5. It has decreased from 0.99 (Mar 23) to 0.94, marking a decrease of 0.05.
For Quick Ratio (X), as of Mar 24, the value is 0.60. This value is below the healthy minimum of 1. It has decreased from 0.61 (Mar 23) to 0.60, marking a decrease of 0.01.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 6.76. This value is within the healthy range. It has decreased from 7.73 (Mar 23) to 6.76, marking a decrease of 0.97.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 13.73. This value is below the healthy minimum of 20. It has decreased from 18.60 (Mar 23) to 13.73, marking a decrease of 4.87.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 5.72. This value is below the healthy minimum of 20. It has decreased from 6.97 (Mar 23) to 5.72, marking a decrease of 1.25.
For Earning Retention Ratio (%), as of Mar 24, the value is 86.27. This value exceeds the healthy maximum of 70. It has increased from 81.40 (Mar 23) to 86.27, marking an increase of 4.87.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 94.28. This value exceeds the healthy maximum of 70. It has increased from 93.03 (Mar 23) to 94.28, marking an increase of 1.25.
For Interest Coverage Ratio (X), as of Mar 24, the value is 6.82. This value is within the healthy range. It has decreased from 7.31 (Mar 23) to 6.82, marking a decrease of 0.49.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.06. This value is within the healthy range. It has decreased from 3.17 (Mar 23) to 3.06, marking a decrease of 0.11.
For Enterprise Value (Cr.), as of Mar 24, the value is 3,735.33. It has increased from 1,760.67 (Mar 23) to 3,735.33, marking an increase of 1,974.66.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.06. This value is within the healthy range. It has increased from 0.60 (Mar 23) to 1.06, marking an increase of 0.46.
For EV / EBITDA (X), as of Mar 24, the value is 10.63. This value is within the healthy range. It has increased from 6.73 (Mar 23) to 10.63, marking an increase of 3.90.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.89. This value is below the healthy minimum of 1. It has increased from 0.41 (Mar 23) to 0.89, marking an increase of 0.48.
For Retention Ratios (%), as of Mar 24, the value is 86.26. This value exceeds the healthy maximum of 70. It has increased from 81.39 (Mar 23) to 86.26, marking an increase of 4.87.
For Price / BV (X), as of Mar 24, the value is 3.09. This value exceeds the healthy maximum of 3. It has increased from 1.32 (Mar 23) to 3.09, marking an increase of 1.77.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.89. This value is below the healthy minimum of 1. It has increased from 0.41 (Mar 23) to 0.89, marking an increase of 0.48.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 23) to 0.03, marking a decrease of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Sandhar Technologies Ltd as of April 12, 2025 is: 265.46

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 12, 2025, Sandhar Technologies Ltd is Overvalued by 27.27% compared to the current share price 365.00

Intrinsic Value of Sandhar Technologies Ltd as of April 12, 2025 is: 314.60

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 12, 2025, Sandhar Technologies Ltd is Overvalued by 13.81% compared to the current share price 365.00

Last 5 Year EPS CAGR: 18.51%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of 21.60, which is a positive sign. The company has higher reserves (638.55 cr) compared to borrowings (483.82 cr), indicating strong financial stability. The company has shown consistent growth in sales (1.64 cr) and profit (95.64 cr) over the years.	The stock has a low average ROCE of 10.60%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 19.30, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Sandhar Technologies Ltd:
1. Net Profit Margin: 3.01%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 13.55% (Industry Average ROCE: 16.36%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 10.79% (Industry Average ROE: 14.59%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.06
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.6
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 16.3 (Industry average Stock P/E: 26.61)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.61
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

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. 2715.67 Cr. and Equity Capital is Rs. 60.19 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Auto Ancl - Others	B-6/20 L.S.C. New Delhi Delhi 110029	investors@sandhar.in http://www.sandhar.co.in

Management
Name	Position Held
Mr. Dharmendar Nath Davar	Chairperson Emeritus
Mr. Jayant Davar	Chairman & M.D & CEO
Mrs. Monica Davar	Non Exe.Non Ind.Director
Mr. Sandeep Dinodia	Non Exe.Non Ind.Director
Mr. Neel Jay Davar	Non Exe.Non Ind.Director
Mr. Vimal Mahendru	Ind. Non-Executive Director
Mr. Bharat Anand	Ind. Non-Executive Director
Mrs. Archana Capoor	Ind. Non-Executive Director
Mr. Arjun Sharma	Ind. Non-Executive Director
Mr. Vikrampati Singhania	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Sandhar Technologies Ltd?

Sandhar Technologies Ltd's intrinsic value (as of 12 April 2025) is ₹265.46 — 27.27% lower the current market price of 365.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,197 Cr. market cap, FY2025-2026 high/low of ₹698/315, reserves of 1,008 Cr, and liabilities of 2,475 Cr.

What is the Market Cap of Sandhar Technologies Ltd?

The Market Cap of Sandhar Technologies Ltd is 2,197 Cr..

What is the current Stock Price of Sandhar Technologies Ltd as on 12 April 2025?

The current stock price of Sandhar Technologies Ltd as on 12 April 2025 is 365.

What is the High / Low of Sandhar Technologies Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Sandhar Technologies Ltd stocks is ₹698/315.

What is the Stock P/E of Sandhar Technologies Ltd?

The Stock P/E of Sandhar Technologies Ltd is 16.3.

What is the Book Value of Sandhar Technologies Ltd?

The Book Value of Sandhar Technologies Ltd is 177.

What is the Dividend Yield of Sandhar Technologies Ltd?

The Dividend Yield of Sandhar Technologies Ltd is 0.89 %.

What is the ROCE of Sandhar Technologies Ltd?

The ROCE of Sandhar Technologies Ltd is 12.1 %.

What is the ROE of Sandhar Technologies Ltd?

The ROE of Sandhar Technologies Ltd is 11.4 %.

What is the Face Value of Sandhar Technologies Ltd?

The Face Value of Sandhar Technologies Ltd is 10.0.