Sharda Motor Industries' Profit up by 5%
By Ankur Chandra | Updated at: May 31, 2025 07:30 PM IST
New Delhi, May 26, 2025 — Sharda Motor Industries Ltd (NSE: SHARDAMOTR | BSE: 535602) has announced its financial results for the year ended March 31, 2025, reporting a steady financial performance with moderate growth and an increase in EBITDA.
Key Financial Highlights (Consolidated)
| (₹ in Crore) | FY25 | FY24 | YoY % |
|---|---|---|---|
| Revenue from Operations | 2,836.6 | 2,809.3 | 1% |
| EBITDA | 396.4 | 361.4 | 10% |
| EBITDA Margin | 14.0% | 12.9% | +111 bps |
| Profit After Tax (PAT) | 314.9 | 299.6 | 5% |
| PAT Margin | 11.1% | 10.7% | +44 bps |
| EPS | ₹109.7 | ₹100.8 | 9% |
Q4 FY25 Performance
- Revenue: The company announced a revenue of ₹749.9 crore, which is up 7% YoY and 9% QoQ.
- EBITDA: The EBITDA is ₹100.8 crore, which is up 1% YoY and up 7% QoQ
- PAT: The PAT is ₹83.9 crore, which is down 5% YoY but up 11% QoQ
- EBITDA Margin: The EBITDA Margin is at 13.4%
- PAT Margin: The PAT Margin is at 11.2%
Balance Sheet & Cash Position
- Total Assets: ₹1,756.9 crore in FY25
- Net Cash from Operating Activities: ₹270.6 crore
- Cash and Cash Equivalents: ₹198.9 crore
- Total Equity: ₹1,061.8 crore
Segment-wise & Strategic Outlook
Here is the segment-wise and strategic outlook of Sharda Motors:
Emission Control Vertical:
The Emission Control Vertical of the company has a ~ 30% market share in India’s PV & LCV segment. The vertical is supported by the company’s three stamping plants and two advanced tube mills. Furthermore, it is backed by a strong R&D base situated in Chennai and Korea. The R&D has resulted in 13 patents filed by the company, of which three were granted in the last 3 years.
Lightweighting Vertical:
The company’s Lightweight Vertical holds ~12.5 market share in the control arms segment. The lightweight vertical has seen improved performance due to positive lightweighting trends driven by EV launches and CAFÉ norms.
Management Commentary
Mr. Ajay Relan, Managing Director, stated:
“Our strategic investments in R&D, backwards integration, and market diversification are enabling us to stay ahead of the curve. With a strong order pipeline and rising global interest in localised supply chains, we are poised for sustainable growth in FY26 and beyond.”
Financial History Snapshot
| (₹ in Crore) | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue from Operations | 2,255 | 2,700 | 2,809 | 2,837 |
| EBITDA | 149 | 208 | 300 | 315 |
| PAT | 228 | 282 | 361 | 396 |
| ROCE | 37% | 35% | 39% | 38% |
| ROE | 30% | 31% | 34% | 30% |
Strategic Outlook
- The company aims to scale up its lightweighting.
- Increase growth through emission and muffler systems in the US and EU.
- Utilising opportunities in India arising from BS7 norms and TREM V implementation.
- Exploring M&A in areas like robotics and AI.
About the Company
Sharda Motor Industries Ltd is an Indian company that manufactures automotive components. It has eight manufacturing facilities and employs over 1000 employees. The company is present in emission control, lightweighting, and global OEM supply chains. The company’s service includes vehicles such as passenger, commercial, off-road, and gensets.
https://www.bseindia.com/xml-data/corpfiling/AttachLive/f0929280-0103-49c2-ad5c-ef22e2416b08.pdf
