Sandhar Technologies Limited

NSEI:SANDHAR Stock Report

Market Cap: ₹40.2b

Sandhar Technologies Past Earnings Performance

Past criteria checks 5/6

Sandhar Technologies has been growing earnings at an average annual rate of 22.7%, while the Auto Components industry saw earnings growing at 17.2% annually. Revenues have been growing at an average rate of 16.7% per year. Sandhar Technologies's return on equity is 14.9%, and it has net margins of 4.1%.

Key information

22.73%

Earnings growth rate

22.65%

EPS growth rate

Auto Components Industry Growth16.66%
Revenue growth rate16.70%
Return on equity14.90%
Net Margin4.09%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article Nov 21

Impressive Earnings May Not Tell The Whole Story For Sandhar Technologies (NSE:SANDHAR)

Sandhar Technologies Limited ( NSE:SANDHAR ) announced strong profits, but the stock was stagnant. Our analysis...

Recent updates

Narrative Update Jul 06

SANDHAR: Future Dividend And Telematics Expansion Will Drive Upside Potential

Analysts have lifted their price target for Sandhar Technologies from ₹626 to ₹833, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E in their valuation work. What’s in the News for Sandhar Technologies Sandhar Technologies has scheduled a Special or Extraordinary Shareholders Meeting on August 2, 2026, to be conducted via postal ballot in India.
Narrative Update Jun 22

SANDHAR: Mexico Facility Plan Will Drive Future Upside Potential

Analysts have lifted their price target on Sandhar Technologies from ₹779.33 to ₹854.00, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News for Sandhar Technologies A board meeting is scheduled on May 21, 2026 to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Narrative Update Jun 04

SANDHAR: Mexico Expansion And Telematics Foray Will Shape Balanced Risk Reward Profile

Analysts have nudged their fair value estimate for Sandhar Technologies from ₹736.67 to ₹779.33, citing updated assumptions around discount rate, revenue growth, profit margin and future P/E that have modestly reshaped their valuation framework. What's in the News The board has recommended a final dividend of ₹4 per equity share of face value ₹10 each (40%) for the year ended March 31, 2026, subject to shareholder approval at the upcoming AGM.
Analysis Article May 22

Here's Why We Think Sandhar Technologies (NSE:SANDHAR) Might Deserve Your Attention Today

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update May 21

SANDHAR: Upcoming Mexico Facility Plan Will Drive Bullish Repricing Potential

Analysts have kept their fair value estimate for Sandhar Technologies steady at ₹736.67 per share. Small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions support the unchanged price target.
Narrative Update Apr 21

SANDHAR: Upcoming Slump Sale Will Drive Bullish Repricing Potential

Analysts have nudged their fair value estimate for Sandhar Technologies to about ₹736.67 from ₹720. This reflects updated assumptions on discount rate, revenue growth, profit margin and future P/E.
Narrative Update Apr 06

SANDHAR: Upcoming Slump Sale Decision Will Unlock Bullish Repricing Potential

Analysts have kept their price target for Sandhar Technologies steady at ₹720, reflecting only fine tuning of assumptions around the discount rate, revenue growth, profit margin and future P/E rather than a change in their overall view. What's in the News Board meeting scheduled on Feb 11, 2026 at 12:35 Indian Standard Time to review and approve the unaudited standalone and consolidated financial results for the quarter ended Dec 31, 2025, and to consider approval for the slump sale of a unit of Sandhar Technologies Limited (Key Developments).
Narrative Update Mar 23

SANDHAR: Upcoming Slump Sale Decision Will Unlock Bullish Repricing Potential

Analysts have kept the fair value estimate for Sandhar Technologies steady at ₹720, with only minor tweaks to the discount rate, revenue growth, profit margin and future P/E inputs leading to this unchanged price target. What's in the News Board meeting scheduled for February 11, 2026, at 12:35 Indian Standard Time to review and approve the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (company filing).
Narrative Update Mar 08

SANDHAR: Upcoming Board Meeting Will Drive Potential Upside From Slump Sale

Analysts have kept their fair value estimate for Sandhar Technologies steady at ₹720, citing only minimal fine tuning to assumptions around discount rate, revenue growth, profit margin and forward P/E, rather than any major change in fundamental views. What's in the News A board meeting is scheduled for February 11, 2026, at 12:35 Indian Standard Time to review and approve the unaudited standalone financial results for the quarter ended December 31, 2025 (company filing).
Narrative Update Feb 22

SANDHAR: Upcoming Board Meeting Will Reveal Key Slump Sale Upside Potential

Analysts have raised their price target on Sandhar Technologies from ₹693.67 to ₹720.00, reflecting updated assumptions that combine slightly lower revenue growth expectations with a higher profit margin outlook and a modestly adjusted future P/E and discount rate. What's in the News Board meeting scheduled on February 11, 2026, at 12:35 Indian Standard Time to review and approve the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (Company filing).
Narrative Update Feb 08

SANDHAR: Upcoming Board Meeting Will Highlight Steady Assumptions And Potential Upside

Analysts have kept their fair value estimate for Sandhar Technologies steady at ₹693.67 per share, with the unchanged price target supported by slightly adjusted assumptions around discount rate, revenue growth, profit margin and future P/E, which they view as remaining broadly consistent with prior expectations. What's in the News Board meeting scheduled for February 11, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (company filing).
Analysis Article Jan 25

Should You Be Adding Sandhar Technologies (NSE:SANDHAR) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Narrative Update Jan 24

SANDHAR: Upcoming Board Review And Stable Assumptions Will Support Future Upside Potential

Analysts have maintained their fair value estimate for Sandhar Technologies at ₹693.67 per share. The minor adjustments to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions are described as fine tuning rather than a change in the overall view.
Narrative Update Jan 09

SANDHAR: Stable Assumptions And Governance Review Will Support Stronger Future Returns

Analysts have kept their price target for Sandhar Technologies broadly steady at about ₹694, reflecting only minor adjustments to assumptions such as discount rate, revenue growth, profit margin, and future P/E inputs in their models. What's in the News The board has scheduled a meeting for 13 November 2025 at 11:30 Indian Standard Time to review and approve the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2025.
Narrative Update Dec 14

SANDHAR: Rising Margins And Dividend Payout Will Drive Stronger Future Returns

Analysts have raised their price target on Sandhar Technologies from ₹558.50 to approximately ₹694.00. This reflects upgraded expectations for revenue growth, improved profit margins, and a slightly higher perceived risk profile captured in the updated discount rate and lower future P/E multiple.
Analysis Article Nov 21

Impressive Earnings May Not Tell The Whole Story For Sandhar Technologies (NSE:SANDHAR)

Sandhar Technologies Limited ( NSE:SANDHAR ) announced strong profits, but the stock was stagnant. Our analysis...
Analysis Article Oct 11

Sandhar Technologies Limited's (NSE:SANDHAR) Low P/E No Reason For Excitement

Sandhar Technologies Limited's ( NSE:SANDHAR ) price-to-earnings (or "P/E") ratio of 22.2x might make it look like a...
Analysis Article Sep 04

Sandhar Technologies' (NSE:SANDHAR) Dividend Will Be Increased To ₹3.50

Sandhar Technologies Limited's ( NSE:SANDHAR ) dividend will be increasing from last year's payment of the same period...
Analysis Article Aug 11

Estimating The Fair Value Of Sandhar Technologies Limited (NSE:SANDHAR)

Key Insights Sandhar Technologies' estimated fair value is ₹459 based on 2 Stage Free Cash Flow to Equity With ₹435...
Analysis Article May 29

The Market Lifts Sandhar Technologies Limited (NSE:SANDHAR) Shares 35% But It Can Do More

Despite an already strong run, Sandhar Technologies Limited ( NSE:SANDHAR ) shares have been powering on, with a gain...
Analysis Article May 25

Sandhar Technologies Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Investors in Sandhar Technologies Limited ( NSE:SANDHAR ) had a good week, as its shares rose 6.8% to close at ₹460...
Analysis Article Apr 11

Sandhar Technologies (NSE:SANDHAR) Has Some Way To Go To Become A Multi-Bagger

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Mar 21

Sandhar Technologies (NSE:SANDHAR) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
User avatar
New Narrative Mar 14

EV Battery Chargers And Pune Expansion Will Support Future Success

Successful joint ventures and strategic expansion efforts are enhancing business synergies and have the potential to significantly boost future earnings.
Analysis Article Mar 08

We Ran A Stock Scan For Earnings Growth And Sandhar Technologies (NSE:SANDHAR) Passed With Ease

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Feb 19

Sandhar Technologies Limited's (NSE:SANDHAR) 26% Dip In Price Shows Sentiment Is Matching Earnings

To the annoyance of some shareholders, Sandhar Technologies Limited ( NSE:SANDHAR ) shares are down a considerable 26...
Analysis Article Dec 05

When Should You Buy Sandhar Technologies Limited (NSE:SANDHAR)?

Sandhar Technologies Limited ( NSE:SANDHAR ), is not the largest company out there, but it received a lot of attention...
Analysis Article Nov 14

Sandhar Technologies Limited Just Beat Revenue By 5.9%: Here's What Analysts Think Will Happen Next

Sandhar Technologies Limited ( NSE:SANDHAR ) last week reported its latest quarterly results, which makes it a good...
Analysis Article Oct 22

We Ran A Stock Scan For Earnings Growth And Sandhar Technologies (NSE:SANDHAR) Passed With Ease

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Sep 07

Sandhar Technologies (NSE:SANDHAR) Is Increasing Its Dividend To ₹3.25

Sandhar Technologies Limited ( NSE:SANDHAR ) will increase its dividend from last year's comparable payment on the 24th...
Analysis Article Aug 24

Sandhar Technologies (NSE:SANDHAR) Will Pay A Larger Dividend Than Last Year At ₹3.25

The board of Sandhar Technologies Limited ( NSE:SANDHAR ) has announced that it will be paying its dividend of ₹3.25 on...
Analysis Article Mar 14

Here's Why We Think Sandhar Technologies (NSE:SANDHAR) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Feb 12

Analyst Estimates: Here's What Brokers Think Of Sandhar Technologies Limited (NSE:SANDHAR) After Its Second-Quarter Report

It's been a good week for Sandhar Technologies Limited ( NSE:SANDHAR ) shareholders, because the company has just...
Analysis Article Nov 09

If EPS Growth Is Important To You, Sandhar Technologies (NSE:SANDHAR) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 15

Increases to CEO Compensation Might Be Put On Hold For Now at Sandhar Technologies Limited (NSE:SANDHAR)

Key Insights Sandhar Technologies to hold its Annual General Meeting on 21st of September CEO Jayant Davar's total...

Revenue & Expenses Breakdown

How Sandhar Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:SANDHAR Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2648,5211,9876,1450
31 Dec 2545,5921,7746,0020
30 Sep 2543,4821,7395,7780
30 Jun 2540,6201,4065,4400
31 Mar 2538,8451,4165,3870
31 Dec 2437,8831,3495,2910
30 Sep 2437,0411,3025,1410
30 Jun 2436,0481,1754,9820
31 Mar 2435,2111,0984,8560
31 Dec 2333,6829824,5900
30 Sep 2332,0139274,3660
30 Jun 2330,6278174,0880
31 Mar 2329,0897303,8820
31 Dec 2228,2756613,7370
30 Sep 2227,1676133,5540
30 Jun 2225,8876623,3950
31 Mar 2223,2375573,2050
31 Dec 2122,8217663,1350
30 Sep 2122,6359283,1880
30 Jun 2121,4449103,0580
31 Mar 2118,6365782,8000
31 Dec 2016,3012982,6770
30 Sep 2015,1731422,5550
30 Jun 2015,2101202,5470
31 Mar 2019,4345692,9230
31 Dec 1921,2567133,1170
30 Sep 1922,1367873,1840
30 Jun 1923,1688803,1250
31 Mar 1923,3589523,2710
31 Dec 1822,2358403,0810
30 Sep 1821,3377833,0000
30 Jun 1820,2246972,8640
31 Mar 1819,4646502,7850
31 Mar 1716,1144132,4460
31 Mar 1615,1323352,1890

Quality Earnings: SANDHAR has high quality earnings.

Growing Profit Margin: SANDHAR's current net profit margins (4.1%) are higher than last year (3.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SANDHAR's earnings have grown significantly by 22.7% per year over the past 5 years.

Accelerating Growth: SANDHAR's earnings growth over the past year (40.3%) exceeds its 5-year average (22.7% per year).

Earnings vs Industry: SANDHAR earnings growth over the past year (40.3%) exceeded the Auto Components industry 13.8%.


Return on Equity

High ROE: SANDHAR's Return on Equity (14.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/13 22:08
End of Day Share Price 2026/07/13 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sandhar Technologies Limited is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sailesh Raja360 ONE Capital Market Private Limited
Nandan ChakrabortyDAM Capital Advisors
Mitul ShahDAM Capital Advisors