| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
SANDHAR Overview
Sandhar Technologies Limited, together with its subsidiaries, designs, manufactures, assembles, and sells automotive components in India and Europe.
Sandhar Technologies Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹275.15 |
| 52 Week High | ₹174.50 |
| 52 Week Low | ₹333.00 |
| Beta | 0.97 |
| 1 Month Change | -2.76% |
| 3 Month Change | -7.71% |
| 1 Year Change | 13.25% |
| 3 Year Change | -10.51% |
| 5 Year Change | n/a |
| Change since IPO | -14.59% |
Recent News & Updates
It's Unlikely That Sandhar Technologies Limited's (NSE:SANDHAR) CEO Will See A Huge Pay Rise This Year
As many shareholders of Sandhar Technologies Limited ( NSE:SANDHAR ) will be aware, they have not made a gain on their...
Sandhar Technologies (NSE:SANDHAR) Has Announced That It Will Be Increasing Its Dividend To ₹1.00
The board of Sandhar Technologies Limited ( NSE:SANDHAR ) has announced that it will be increasing its dividend on the...
Sandhar Technologies (NSE:SANDHAR) Is Paying Out A Larger Dividend Than Last Year
Sandhar Technologies Limited's ( NSE:SANDHAR ) dividend will be increasing to ₹1.00 on 23rd of October. This will take...
Shareholder Returns
| SANDHAR | IN Auto Components | IN Market | |
|---|---|---|---|
| 7D | -8.1% | -5.2% | -3.1% |
| 1Y | 13.3% | 66.9% | 61.1% |
Return vs Industry: SANDHAR underperformed the Indian Auto Components industry which returned 66.9% over the past year.
Return vs Market: SANDHAR underperformed the Indian Market which returned 61.1% over the past year.
Price Volatility
| SANDHAR volatility | |
|---|---|
| SANDHAR Beta | 0.97 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: SANDHAR is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SANDHAR's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 1,783 | Jayant Davar | https://www.sandhargroup.com |
Sandhar Technologies Limited, together with its subsidiaries, designs, manufactures, assembles, and sells automotive components in India and Europe. It offers locking systems, hinges and latches, and door handles, as well as vision systems; sheet metal components; zinc, aluminum, and magnesium die casting products; plastic injection molded components; and commercial tooling products, such as plastic molds, and zinc and aluminum PDC dies, as well as painting, plating, and coating solutions. The company also provides operator cabins and structural parts, such as canopies, housings, panels, switchboards, control cabinets, and various type of hi-precision sheet metal components; automotive optoelectronic products, including AVN panels, keyless entry systems, reverse park assist systems, blind spot detection systems, and tire pressure monitoring systems and others; and fuel pumps, starter motors, ACG, oil filters, and wiper blades.
Sandhar Technologies Fundamentals Summary
| SANDHAR fundamental statistics | |
|---|---|
| Market Cap | ₹16.56b |
| Earnings (TTM) | ₹909.83m |
| Revenue (TTM) | ₹21.44b |
18.2x
P/E Ratio0.8x
P/S RatioIs SANDHAR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SANDHAR income statement (TTM) | |
|---|---|
| Revenue | ₹21.44b |
| Cost of Revenue | ₹12.54b |
| Gross Profit | ₹8.91b |
| Expenses | ₹8.00b |
| Earnings | ₹909.83m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 12, 2021
| Earnings per share (EPS) | 15.12 |
| Gross Margin | 41.53% |
| Net Profit Margin | 4.24% |
| Debt/Equity Ratio | 37.5% |
How did SANDHAR perform over the long term?
See historical performance and comparisonDividends
0.8%
Current Dividend Yield15%
Payout RatioValuation
Is Sandhar Technologies undervalued compared to its fair value and its price relative to the market?
24.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SANDHAR (₹275.15) is trading below our estimate of fair value (₹364.63)
Significantly Below Fair Value: SANDHAR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SANDHAR is good value based on its PE Ratio (18.2x) compared to the Indian Auto Components industry average (22.1x).
PE vs Market: SANDHAR is good value based on its PE Ratio (18.2x) compared to the Indian market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: SANDHAR is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: SANDHAR's PB Ratio (2.1x) is in line with the IN Auto Components industry average.
Future Growth
How is Sandhar Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
29.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SANDHAR's forecast earnings growth (29.5% per year) is above the savings rate (6.7%).
Earnings vs Market: SANDHAR's earnings (29.5% per year) are forecast to grow faster than the Indian market (19.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SANDHAR's revenue (13.6% per year) is forecast to grow faster than the Indian market (12.8% per year).
High Growth Revenue: SANDHAR's revenue (13.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SANDHAR's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Sandhar Technologies performed over the past 5 years?
-7.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SANDHAR has high quality earnings.
Growing Profit Margin: SANDHAR's current net profit margins (4.2%) are higher than last year (0.8%).
Past Earnings Growth Analysis
Earnings Trend: SANDHAR's earnings have declined by 7.8% per year over the past 5 years.
Accelerating Growth: SANDHAR's earnings growth over the past year (661%) exceeds its 5-year average (-7.8% per year).
Earnings vs Industry: SANDHAR earnings growth over the past year (661%) exceeded the Auto Components industry 139.8%.
Return on Equity
High ROE: SANDHAR's Return on Equity (11.3%) is considered low.
Financial Health
How is Sandhar Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: SANDHAR's short term assets (₹6.6B) exceed its short term liabilities (₹5.9B).
Long Term Liabilities: SANDHAR's short term assets (₹6.6B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: SANDHAR's debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: SANDHAR's debt to equity ratio has reduced from 143.7% to 37.5% over the past 5 years.
Debt Coverage: SANDHAR's debt is well covered by operating cash flow (40.9%).
Interest Coverage: SANDHAR's interest payments on its debt are well covered by EBIT (8.1x coverage).
Balance Sheet
Dividend
What is Sandhar Technologies's current dividend yield, its reliability and sustainability?
0.82%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SANDHAR's dividend (0.82%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: SANDHAR's dividend (0.82%) is low compared to the top 25% of dividend payers in the Indian market (1.41%).
Stability and Growth of Payments
Stable Dividend: SANDHAR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SANDHAR has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.1%), SANDHAR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average board tenure
CEO
Jayant Davar (60 yo)
no data
Tenure
₹45,927,000
Compensation
Mr. Jayant Davar founded Sandhar Technologies Limited in 1985 and serves as its Co-Chairman and Managing Director. He is the Promoter of Sandhar Technologies Limited. He serves as an Independent Director o...
CEO Compensation Analysis
Compensation vs Market: Jayant's total compensation ($USD612.61K) is above average for companies of similar size in the Indian market ($USD189.99K).
Compensation vs Earnings: Jayant's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: SANDHAR's board of directors are considered experienced (4.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SANDHAR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Sandhar Technologies Limited's employee growth, exchange listings and data sources
Key Information
- Name: Sandhar Technologies Limited
- Ticker: SANDHAR
- Exchange: NSEI
- Founded: 1987
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹16.561b
- Shares outstanding: 60.19m
- Website: https://www.sandhargroup.com
Number of Employees
Location
- Sandhar Technologies Limited
- Plot No. 13
- Sector-44
- Gurugram
- Haryana
- 122002
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/23 12:07 |
| End of Day Share Price | 2021/10/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/03/31 |
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.