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Sharda Motor Industries SHARDAMOTR.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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887.30

+2.48%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹33.97bn

FY2017FY2026

Net income

₹3.45bn

FY2017FY2026

Free cash flow

₹2.88bn

FY2017FY2026

Shareholders' equity

₹13.13bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹33.97bn₹28.37bn₹28.09bn₹27.00bn₹22.33bn₹17.29bn₹8.59bn₹11.33bn₹11.49bn₹10.49bn
Research and development₹54.9m₹48.0m₹44.4m₹190.0m₹190.9m₹168.4m₹244.3m₹232.9m₹144.1m₹98.6m
Operating income₹3.55bn₹4.17bn₹3.14bn₹2.42bn₹1.90bn₹873.6m₹557.7m₹1.04bn₹1.11bn₹889.3m
Net income₹3.45bn₹3.15bn₹3.00bn₹2.08bn₹1.49bn₹666.5m₹523.9m₹946.6m₹879.7m₹596.9m
Diluted earnings per share60.1754.86101.7970.0750.1922.4117.6131.8429.5920.08

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹22.15bn₹17.57bn₹16.28bn₹13.89bn₹10.66bn₹9.73bn₹6.22bn₹7.21bn₹6.16bn₹5.70bn
Cash and short-term investments₹9.91bn₹9.06bn₹5.94bn₹5.73bn₹4.54bn₹2.80bn₹1.63bn₹2.23bn₹1.77bn₹1.36bn
Total liabilities₹9.02bn₹6.95bn₹6.22bn₹6.31bn₹4.93bn₹5.42bn₹2.58bn₹2.46bn₹2.32bn₹2.68bn
Debt₹491.5m₹516.3m₹236.7m₹246.4m₹124.6m₹119.0m₹107.2m₹129.9m−₹96.5m₹605.5m
Shareholders' equity₹13.13bn₹10.62bn₹10.06bn₹7.58bn₹5.73bn₹4.31bn₹3.65bn₹4.75bn₹3.85bn₹3.02bn
Shares outstanding57m57m29m30m30m30m30m30m30m30m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹3.80bn₹2.91bn₹3.70bn−₹2.00bn₹1.92bn₹1.48bn−₹636.9m₹945.5m₹1.16bn₹1.56bn
Capital spending−₹917.1m−₹923.4m−₹731.4m−₹1.03bn−₹357.0m−₹412.8m−₹328.0m−₹644.9m−₹257.7m−₹198.9m
Free cash flow₹2.88bn₹1.98bn₹2.96bn−₹3.03bn₹1.56bn₹1.07bn−₹964.9m₹300.5m₹900.1m₹1.36bn
Dividends paid−₹932.9m−₹284.7m−₹513.5m−₹242.3m−₹78.2m−₹363,000−₹749,000−₹45.1m−₹89.8m−₹89.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹10.11bn₹9.72bn₹8.82bn₹7.87bn₹7.56bn₹7.50bn₹6.90bn₹7.11bn
Operating income₹884.3m₹955.1m₹895.0m₹853.6m₹849.3m₹842.0m₹797.1m₹914.4m
Net income₹865.3m₹894.2m₹813.5m₹747.0m₹999.4m₹839.4m₹754.4m₹787.1m
Diluted earnings per share15.0715.5814.1713.0117.4114.6225.6326.74
Cash from operations———₹1.45bn—₹2.71bn—₹1.41bn
Capital spending———−₹472.0m—−₹923.0m—−₹239.0m
Free cash flow———₹978.0m—₹1.79bn—₹1.17bn
Total assets—₹22.15bn—₹18.92bn—₹17.57bn—₹15.76bn
Cash and short-term investments₹9.91bn₹9.91bn₹9.72bn₹9.78bn₹9.06bn₹9.06bn₹5.19bn₹5.19bn
Debt—₹29.5m—₹504.4m—₹516.3m—₹231.8m
Shareholders' equity₹13.13bn₹13.13bn₹11.43bn₹11.43bn₹10.62bn₹10.62bn₹9.03bn₹9.03bn

Financial ratios

Data as of 17 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Operating margin10.5%14.9%14.1%10.3%9.7%6.2%
Net margin10.2%11.1%10.7%7.7%6.7%3.9%
Return on equity26.3%29.7%29.8%27.5%26.0%15.5%
Return on assets15.6%17.9%18.4%15.0%14.0%6.9%
Free cash flow yield8.7%7.0%15.9%-3.5%8.1%6.7%
Revenue growth19.7%1.0%4.0%20.9%29.2%101.4%
Earnings growth9.7%5.1%43.8%39.6%123.9%27.2%
Current ratio1.98x2.23x1.77x1.87x1.84x1.44x
Debt to equity0.00x0.00x0.00x0.00x0.00x0.00x
Equity ratio59.3%60.4%61.8%54.6%53.8%44.3%
Interest coverage82.02x107.14x179.71x144.98x146.90x74.78x
R&D as a share of sales0.2%0.2%0.2%0.7%0.9%1.0%
Buybacks as a share of market value0.0%-95.0%1.0%-0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue8.0%14.5%13.9%
Operating income13.6%32.4%21.8%
Net income18.4%39.0%25.6%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin12.4%11.3%10.2%9.7%
Net margin10.6%9.9%8.8%8.2%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings14.717.19.19.37.319.612.23.45.012.5
Price to sales1.51.91.00.70.50.80.80.30.40.7

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 18 Sept 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2019FY2018
Paid in the year20.0016.254.968.6354.0751.3150.6251.25
  • 2-for-1 split · 4 Jul 2025
  • 5-for-1 split · 16 Apr 2021

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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