Sharda Motor Industries Limited manufactures, assembles, and sells auto components and white goods components in India.
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Sharda Motor Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 535602's share price has been volatile over the past 3 months.
7 Day Return
IN Auto Components
1 Year Return
IN Auto Components
Return vs Industry: 535602 underperformed the Indian Auto Components industry which returned 10.2% over the past year.
Return vs Market: 535602 underperformed the Indian Market which returned 4.3% over the past year.
Price Volatility Vs. Market
How volatile is Sharda Motor Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Sharda Motor Industries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 535602's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 535602's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 535602 is good value based on its PE Ratio (11.1x) compared to the IN Auto Components industry average (23.7x).
PE vs Market: 535602 is good value based on its PE Ratio (11.1x) compared to the Indian market (14.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 535602's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 535602 is overvalued based on its PB Ratio (1.6x) compared to the IN Auto Components industry average (1.2x).
How is Sharda Motor Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sharda Motor Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Sharda Motor Industries's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Sharda Motor Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
How has Sharda Motor Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 535602 has a high level of non-cash earnings.
Growing Profit Margin: 535602's current net profit margins (6.1%) are lower than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: 535602's earnings have grown by 17.4% per year over the past 5 years.
Accelerating Growth: 535602's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 535602 had negative earnings growth (-44.6%) over the past year, making it difficult to compare to the Auto Components industry average (-48.3%).
Return on Equity
High ROE: 535602's Return on Equity (14.4%) is considered low.
How is Sharda Motor Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 535602's short term assets (₹4.0B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 535602's short term assets (₹4.0B) exceed its long term liabilities (₹150.9M).
Debt to Equity History and Analysis
Debt Level: 535602 is debt free.
Reducing Debt: 535602 has no debt compared to 5 years ago when its debt to equity ratio was 70.2%.
Debt Coverage: 535602 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 535602 has no debt, therefore coverage of interest payments is not a concern.
What is Sharda Motor Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 535602's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 535602's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 535602's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 535602's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 535602 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 535602's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Aashim Relan (29 yo)
Mr. Aashim Relan has been Chief Executive Officer at Sharda Motor Industries Limited since November 12, 2019. Mr. Relan served as the Chief Operating Officer of Sharda Motor Industries Limited until Novemb ...
|MD & Executive Director||34.58yrs||₹58.00m||54.03% |
|Company Secretary & Executive Director||0.92yr||₹3.76m||0.014% |
|Non-Executive Non-Independent Director||29.25yrs||₹160.00k||12.7% |
|Independent Co-Chairman||4.5yrs||₹440.00k||0.0025% |
|Non-Executive Independent Director||1.5yrs||₹100.00k||no data|
|Non-Executive Independent Director||10.83yrs||₹320.00k||no data|
|Non-Executive Independent Director||4.5yrs||₹520.00k||no data|
Experienced Board: 535602's board of directors are considered experienced (4.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sharda Motor Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: Sharda Motor Industries Limited
- Ticker: 535602
- Exchange: BSE
- Founded: 1986
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹5.824b
- Shares outstanding: 5.95m
- Website: https://www.shardamotor.com
Number of Employees
- Sharda Motor Industries Limited
- D-188 Okhla Industrial Area
- Phase - I
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|535602||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2013|
|SHARDAMOTR||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||May 2013|
Sharda Motor Industries Limited manufactures, assembles, and sells auto components and white goods components in India. It offers exhaust systems, catalytic converters, independent suspensions, seat frames ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/14 19:29|
|End of Day Share Price||2020/08/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.