S

Sharda Motor Industries Limited

SHARDAMOTRNSE
Market snapshot · 2026-08-10 17:04 UTC

955.70

+₹14.40 (+1.53%)

MARKET CAP

₹5.49K Cr

STOCK P/E

16.3x

52W HIGH

₹1,189.90

52W LOW

₹700.00

BOOK VALUE

₹228.72

EPS

₹58.74

ROE

29.09%

SECTOR

Consumer Discretionary

DEBT/EQUITY

3.74

VOLUME

98,856

P/B RATIO

4.18x

PEG RATIO

Sector

Consumer Discretionary

Themes

Auto Parts
₹1,115.40₹1,020.58₹925.75₹830.93₹736.10VolumeAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Sharda Motor Industries is an auto-components manufacturer and supplier to automobile and electronics OEMs in India. Exhaust systems drive its core offering across passenger vehicles, commercial vehicles, tractors, and generators, alongside suspension and roof systems. Seat frames, catalytic converters, and sheet-metal components provide additional revenue streams, supported by procurement and supply-chain services. With no major recent developments, revenue growth remained limited at 1.0%, although improving margins supported 5.1% profit growth. ROE is high at 29.1%, but debt/equity of 3.74 indicates substantial leverage amplifying shareholder returns and increasing financial risk. Profit growth exceeded revenue growth, suggesting operating improvement despite muted demand and no clear near-term catalyst. At 16.0x earnings, valuation appears fair relative to current growth, rather than discounted. The key open question is whether margin gains can continue while high leverage constrains flexibility across cyclical OEM demand.

Valuation Metrics

Trading 7.8% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.57). Confidence: 58%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/E
Strongly Undervalued

5Y Average

17.81

Current

16.02

Overvalued

24.24

Undervalued

14.82

EV/EBITDA
Strongly Undervalued

5Y Average

11.66

Current

10.66

Overvalued

11.68

Undervalued

8.32

P/S
Strongly Undervalued

5Y Average

1.77

Current

1.62

Overvalued

2.03

Undervalued

1.50

Peers & Comparison

Sector: Consumer Discretionary · Theme: Auto Parts

Auto Parts Peers8 peers
Avg P/E: 43.7x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
BANCO PRODUCTS (I) LTD
BANCOINDIAAuto Parts
+25.6%12.4%
19.5x
Undervalued
-55% vs avg
+14.2%
CIE AUTOMOTIVE INDIA LTD
CIEINDIAAuto Parts
+10.6%5.7%
17.3x
Undervalued
-60% vs avg
+3.3%
FIEM INDUSTRIES LIMITED
FIEMINDAuto Parts
+17.4%9.2%
26.2x
Undervalued
-40% vs avg
+42.3%
GABRIEL INDIA LTD
GABRIELAuto Parts
+29.8%5.2%
83.0x
Premium
+90% vs avg
+48.0%
BELRISE INDUSTRIES LTD
BELRISEAuto Parts
+12.1%5.2%
43.5x
Fair
0% vs avg
+86.2%
ASAHI INDIA GLASS LIMITED
ASAHIINDIAAuto Parts
+15.0%8.5%
52.1x
Premium
+19% vs avg
+9.6%
JBM AUTO LIMITED
JBMAAuto Parts
+15.0%3.6%
67.5x
Premium
+54% vs avg
+9.3%
ASK AUTOMOTIVE LIMITED
ASKAUTOLTDAuto Parts
+52.4%6.8%
40.8x
Fair
-7% vs avg
+36.5%
WHY THESE PEERS

SHARDA MOTOR INDS LTD trades at a discount (16.3x vs peer avg 43.7x), suggesting potential undervaluation relative to the Auto Parts cohort. Peers include BANCO PRODUCTS (I) LTD, CIE AUTOMOTIVE INDIA LTD, FIEM INDUSTRIES LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Financial chart data is not available for this company right now.

Results

Income statement data not available.

All values in ₹ Crores unless otherwise stated. Source: Company filings.

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters64.31%64.31%64.31%64.31%64.31%
FII2.26%2.46%2.23%2.43%1.73%
DII11.52%11.44%11.70%11.51%11.99%
Public21.91%21.80%21.76%21.75%21.97%
Jun 2026
Promoters
FII
DII
Public