Sharda Motor Industries Ltd Share Price ₹782

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Sharda Motor Industries Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	688	654	763	689	703	685	711	690	750	756	787	882	972
Expenses +	607	586	663	595	604	590	606	595	649	658	686	775	859
Operating Profit	81	68	99	94	99	96	105	95	101	98	101	106	113
OPM %	12%	10%	13%	14%	14%	14%	15%	14%	13%	13%	13%	12%	12%
Other Income +	14	18	19	22	29	20	15	21	27	45	18	18	23
Interest	0	1	1	1	0	0	0	1	2	1	1	1	1
Depreciation	14	12	13	14	14	13	14	15	17	14	16	17	17
Profit before tax	81	74	105	102	114	102	106	100	109	129	103	106	117
Tax %	25%	26%	25%	26%	25%	25%	26%	25%	24%	23%	27%	24%	26%
Net Profit +	61	55	79	75	86	76	79	75	83	99	75	80	87
EPS in Rs	10.18	9.26	13.28	12.62	14.41	13.30	13.75	13.02	14.38	17.26	13.13	13.96	15.14

Financials of Sharda Motor Industries Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	875	927	1,042	1,155	1,140	863	1,737	2,255	2,700	2,809	2,837	3,397
Expenses +	783	827	912	1,010	995	767	1,607	2,027	2,418	2,448	2,440	2,978
Operating Profit	92	100	130	145	145	96	129	228	282	361	396	419
OPM %	10%	11%	12%	13%	13%	11%	7%	10%	10%	13%	14%	12%
Other Income +	10	10	5	17	22	24	21	29	42	88	83	104
Interest	15	12	8	2	0	1	1	1	2	2	4	4
Depreciation	52	48	50	44	41	40	44	41	46	53	58	63
Profit before tax	34	50	77	117	126	78	105	215	275	395	418	455
Tax %	-5%	32%	26%	33%	30%	26%	25%	25%	25%	25%	25%	25%
Net Profit +	36	34	57	79	88	58	79	161	205	295	312	342
EPS in Rs	6.07	5.75	9.54	13.21	14.77	9.71	13.21	27.14	34.53	49.56	54.44	59.50
Dividend Payout %	16%	22%	13%	9%	0%	0%	2%	15%	25%	10%	30%	0%

Financials of Sharda Motor Industries Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	6	6	6	6	6	6	6	6	6	6	6	11
Reserves	199	225	279	349	432	361	440	594	776	1,019	1,073	1,314
Borrowings +	144	121	59	0	0	11	12	12	25	24	52	49
Other Liabilities +	168	178	207	232	246	247	530	480	606	598	643	853
Total Liabilities	518	530	552	587	685	625	987	1,093	1,413	1,647	1,774	2,228
Fixed Assets +	272	243	204	179	194	186	179	156	221	219	251	283
CWIP	8	4	1	0	0	1	0	0	0	0	8	0
Investments	2	31	80	106	85	42	55	104	54	687	757	1,149
Other Assets +	237	252	267	301	406	395	753	832	1,138	741	757	796
Total Assets	518	530	552	587	685	625	987	1,093	1,413	1,647	1,774	2,228

Financials of Sharda Motor Industries Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	100	93	164	116	95	-30	148	192	-200	370	271	363
Cash from Investing Activity +	-18	-62	-84	-30	-42	39	-152	-62	191	-214	-68	-370
Cash from Financing Activity +	-103	-43	-77	-70	-5	-1	-1	-9	-27	-54	-262	-100
Net Cash Flow	-21	-12	3	16	48	8	-6	120	-36	101	-60	-107
Free Cash Flow	80	90	150	98	37	-44	124	178	-289	340	211	324
CFO/OP	118%	104%	141%	107%	93%	-10%	140%	109%	-45%	130%	94%	114%

Financials of Sharda Motor Industries Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	41	40	38	39	42	50	68	45	45	30	37	39
Inventory Days	51	47	37	40	48	67	36	27	34	34	36	40
Days Payable	71	71	84	85	90	129	121	84	87	84	94	109
Cash Conversion Cycle	22	16	-9	-6	1	-13	-17	-13	-8	-21	-22	-30
Working Capital Days	-26	-24	-15	-1	2	-4	-11	-9	48	-19	-16	78
ROCE %	13%	19%	26%	33%	30%	17%	24%	39%	38%	39%	35%	35%