| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,382 | 1,090 | +26.8% |
| EBITDA | 105 | 82.4 | +27.7% |
| EBITDA margin | 7.6% | 7.6% | +0.1 pts |
| Profit before tax | 51.1 | 36.3 | +40.8% |
| Net profit | 37.3 | 28.0 | +33.1% |
| EPS | ₹6.19 | ₹4.65 | +33.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 2,821 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 52.0 | 52.0 | 82.0 | 43.3 | 12.6 | ||
| 0.0 | 0.0 | 0.0 | — | 4.5 | ||
| 948 | 948 | 821 | 625 | 547 | ||
| 3,718 | — | — | — | — | ||
| 5,144 | 4,852 | 3,885 | 3,521 | 2,909 | ||
| — | +24.9% | +10.3% | +21.0% | — | ||
| 460 | 438 | 383 | 341 | 249 | ||
| 9.0% | 9.0% | 9.9% | 9.7% | 8.6% | ||
| 267 | 244 | 213 | 187 | 128 | ||
| 208 | 199 | 142 | 110 | 73.6 | ||
| 4.0% | 4.1% | 3.7% | 3.1% | 2.5% | ||
| ₹34.54 | ₹33.00 | ₹23.53 | ₹18.24 | ₹12.12 | ||
| — | +40.3% | +29.0% | +50.4% | — | ||
| — | 210 | 247 | 275 | 308 | ||
| — | −299 | −316 | −237 | −257 | ||
| −88.9 | −88.9 | −69.2 | 37.6 | 51.3 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 2,821.4 | |
| - Cash, Equiv & ST Investments | 12.6 | 43.3 | 82.0 | 52.0 | 52.0 | |
| + Minority Interest | 4.5 | — | 0.0 | 0.0 | 0.0 | |
| + Total Debt | 547.4 | 624.7 | 821.2 | 948.1 | 948.1 | |
| Enterprise Value | — | — | — | — | 3,717.5 | |
| Revenue | 2,908.9 | 3,521.1 | 3,884.5 | 4,852.1 | 5,143.9 | |
| Growth %, YoY | — | +21.0 | +10.3 | +24.9 | — | |
| EBITDA | 249.1 | 340.6 | 383.3 | 437.6 | 460.4 | |
| Margin % | 8.56 | 9.67 | 9.87 | 9.02 | 8.95 | |
| EBIT | 127.6 | 187.0 | 212.7 | 244.3 | 267.4 | |
| Net Income | 73.6 | 110.3 | 141.6 | 198.7 | 207.9 | |
| Margin % | 2.53 | 3.13 | 3.65 | 4.09 | 4.04 | |
| EPS, Adj (current shares) | 12.12 | 18.24 | 23.53 | 33.00 | 34.54 | |
| Growth %, YoY | — | +50.4 | +29.0 | +40.3 | — | |
| Cash from Operations | 307.9 | 274.8 | 247.0 | 209.9 | — | |
| Capital Expenditures | -256.6 | -237.2 | -316.2 | -298.9 | — | |
| Free Cash Flow | 51.3 | 37.6 | -69.2 | -88.9 | -88.9 | |
Prices at the previous close · figures from the company's filings with NSE
Sandhar Technologies (NSE: SANDHAR) had a market capitalisation of ₹2,821 crore at the previous close (₹468.75 a share), a PE ratio of 13.6 on the last four quarters' profit and a price-to-book ratio of 2.12. In FY26 its consolidated net profit was ₹199 crore on revenue of ₹4,852 crore; in Q1 FY27 (April–June 2026) it was ₹37.3 crore, up 33.1% year on year. Its debt-to-equity ratio was 0.71 on 31 March 2026. Promoters held 70.38% of the shares on 30 September 2026.
Sandhar Technologies' PE ratio is 13.6 at the previous close (₹468.75 a share): a market capitalisation of ₹2,821 crore divided by consolidated net profit of ₹208 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹199 crore) it is 14.2.
Sandhar Technologies' price-to-book (PB) ratio is 2.12 at the previous close: a market capitalisation of ₹2,821 crore divided by shareholders' equity (book value) of ₹1,333 crore on 31 March 2026. That is a book value of ₹221.49 per share against a share price of ₹468.75.
Sandhar Technologies' book value per share was ₹221.49 on 31 March 2026: shareholders' equity of ₹1,333 crore divided by the 6.02 crore shares in issue, up 17.0% from ₹189.28 a year earlier. The share price at the previous close was ₹468.75.
Sandhar Technologies' market capitalisation was ₹2,821 crore at the previous close: 6.02 crore shares at ₹468.75 each.
No. Sandhar Technologies had borrowings of ₹948 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.71. Its cash and current investments were ₹52.1 crore, so its net debt was ₹896 crore.
In 2026, Sandhar Technologies has declared one dividend: ₹4 with record date 11 September 2026.
Sandhar Technologies' debt-to-equity ratio was 0.71 on 31 March 2026: borrowings of ₹948 crore against total equity of ₹1,333 crore. A year earlier, on 31 March 2025, it was 0.72.
Sandhar Technologies' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,333 crore on 31 March 2026, up 17.0% from ₹1,139 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,821 crore at the previous close.
Promoters held 70.38% of Sandhar Technologies on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Sandhar Technologies' return on equity (ROE) was 16.1% and its return on capital employed (ROCE) was 14.3%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 13.1% and ROCE 14.1%.
Sandhar Technologies' dividend yield is 0.85% at the previous close: dividends of ₹4 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹468.75. They were ₹4 on 11 September 2026.
On 30 September 2026, Sandhar Technologies' shares were held by promoters 70.38%, foreign portfolio investors (FII/FPI) 2.38%, domestic institutions (DII) 13.47% (including mutual funds at 13.31%) and retail and other non-institutional investors 13.77%. Over the year, FII holding was up 1.72 percentage points from 0.66% and DII holding was down 2.39 percentage points from 15.86%.
Sandhar Technologies' basic earnings per share (EPS) were ₹33.00 in FY26, against ₹23.53 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹34.54.
In FY26, Sandhar Technologies generated ₹210 crore of cash from operations and spent ₹299 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹88.9 crore. In FY25 it was −₹69.2 crore.
Sandhar Technologies will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
Sandhar Technologies' latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: consolidated net profit ₹37.3 crore, up 33.1% from ₹28 crore in Q1 FY26; revenue from operations ₹1,382 crore, up 26.8% year on year.
In FY26 (April 2025–March 2026), Sandhar Technologies' consolidated net profit was ₹199 crore, up 40.3% from ₹142 crore in FY25, on revenue from operations of ₹4,852 crore (up 24.9%). Over three years, from FY23, net profit was up 172.3%.
In FY26, Sandhar Technologies earned net profit of ₹199 crore on revenue of ₹4,852 crore, against ₹158 crore on ₹1,170 crore for Uniparts India. Sandhar Technologies' operating margin was 5.0% (Uniparts India 17.3%) and its return on equity 16.1% (Uniparts India 18.0%).
On FY26 consolidated figures, against Uniparts India, Wheels India and Divgi Torqtransfer Systems: Sandhar Technologies' operating margin of 5.0% is the lowest of the four (Uniparts India 17.3%, Wheels India 5.4%, Divgi Torqtransfer Systems 11.6%; peer average 11.4%); its return on equity of 16.1% is the third highest of the four (Uniparts India 18.0%, Wheels India 16.1%, Divgi Torqtransfer Systems 7.6%; peer average 13.9%); its revenue growth over three years of 18.6% a year is the highest of the four (Uniparts India −5.0% a year, Wheels India 5.5% a year, Divgi Torqtransfer Systems 9.2% a year; peer average 3.2% a year).
From Sandhar Technologies' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.