Sahyadri Industries Ltd

NSE: SAHYADRI BSE: 532841

₹332

-13.75 (3.98%)

Thu, 22 Oct 2026, 09:51 pm

MTF 5xInvest in Sahyadri Industries Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)379.62

PE Ratio8.12

Dividend1.15

Non-Energy Minerals

Construction Materials

24.5K

Sahyadri Industries Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-120.28M	-83.65M	-72.39M	-115.46M	-159.32M	-180.39M	-143.43M	-136.63M	-198.90M	-163.08M	-107.56M	-66.24M	-53.16M	-47.12M	-46.00M	-88.50M	-112.90M	-70.20M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	1.70B	1.75B	2.28B	3.23B	3.58B	4.04B	3.71B	4.31B	3.70B	3.06B	3.00B	2.78B	3.11B	3.82B	4.71B	5.59B	5.63B	5.45B
Total current assets	984.87M	1.18B	1.12B	1.48B	1.46B	2.01B	1.37B	1.81B	1.36B	966.27M	1.19B	1.19B	1.62B	2.30B	2.69B	3.21B	3.10B	3.00B
Cash and short term investments	142.90M	153.41M	149.61M	127.99M	101.80M	62.23M	61.66M	19.43M	16.04M	17.74M	39.10M	22.27M	336.89M	518.04M	254.20M	172.50M	178.50M	54.80M
Cash & equivalents	89.85M	108.05M	102.41M	73.96M	91.89M	32.02M	61.66M	19.43M	16.04M	17.74M	39.10M	22.27M	9.77M	14.35M	19.10M	31.30M	53.40M	25.40M
Short term investments	53.06M	45.36M	47.20M	54.03M	9.92M	30.21M	0	0	0	0	0	0	327.12M	503.69M	235.10M	141.20M	125.10M	29.40M
Total receivables, net	267.56M	236.31M	269.78M	439.96M	285.09M	343.20M	343.97M	436.40M	380.75M	343.45M	370.09M	323.80M	386.80M	404.14M	429.60M	351.90M	319.70M	391.80M
Accounts receivable - trade, net	166.47M	171.24M	172.56M	182.13M	285.03M	340.84M	335.65M	427.25M	373.83M	339.50M	366.74M	321.60M	385.01M	401.89M	426.00M	350.60M	316.70M	388.10M
Other receivables	101.09M	65.07M	97.22M	257.83M	54.00K	2.37M	8.33M	9.16M	6.92M	3.95M	3.35M	2.20M	1.79M	2.25M	3.60M	1.30M	3.00M	3.70M
Total inventory	571.20M	775.58M	685.48M	866.91M	1.03B	1.50B	892.17M	1.26B	896.38M	577.42M	754.09M	801.59M	764.82M	1.13B	1.94B	2.65B	2.58B	2.53B
Other current assets, total	0	17.97M	18.15M	44.81M	43.91M	81.90M	52.38M	69.88M	54.79M	12.26M	14.19M	24.15M	122.36M	239.03M	57.50M	33.30M	10.60M	9.50M
Total non-current assets	719.05M	569.76M	1.16B	1.75B	2.11B	2.03B	2.34B	2.50B	2.35B	2.10B	1.81B	1.59B	1.49B	1.52B	2.02B	2.38B	2.53B	2.46B
Long term investments	1.45M	1.45M	1.45M	1.50M	105.43M	161.45M	159.88M	108.33M	1.42M	28.08M	37.62M	46.05M	51.78M	61.30M	67.80M	68.50M	68.50M	68.50M
Note receivable - long term	—	—	—	—	103.93M	159.98M	158.42M	106.91M	—	26.66M	36.20M	44.63M	50.31M	59.84M	66.30M	67.00M	67.00M	67.00M
Investments in unconsolidated subsidiaries	—	—	—	—	48.00K	48.00K	48.00K	0	0	0	0	0	0	0	0	0	0	0
Other investments	1.45M	1.45M	1.45M	1.50M	1.45M	1.42M	1.42M	1.42M	1.42M	1.42M	1.42M	1.42M	1.47M	1.47M	1.50M	1.50M	1.50M	1.50M
Net property/plant/equipment	708.36M	559.37M	1.14B	1.69B	1.82B	1.77B	2.05B	2.28B	2.06B	1.83B	1.60B	1.45B	1.32B	1.36B	1.87B	2.20B	2.32B	2.29B
Gross property/plant/equipment	1.31B	1.20B	1.86B	2.53B	2.78B	2.88B	3.30B	3.68B	3.75B	2.06B	2.03B	2.06B	2.08B	2.25B	2.89B	3.45B	3.82B	4.02B
Deferred tax assets	5.12M	5.91M	7.94M	44.56M	91.94M	13.03M	27.62M	22.39M	87.11M	156.04M	96.46M	37.40M	27.21M	25.32M	25.80M	25.50M	29.00M	24.60M
Net intangible assets	0	0	9.63M	8.66M	20.02M	16.98M	13.55M	11.03M	8.70M	7.24M	5.30M	4.54M	4.07M	1.21M	700.00K	7.70M	6.30M	5.00M
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	9.63M	8.66M	20.02M	16.98M	13.55M	11.03M	8.70M	7.24M	5.30M	4.54M	4.07M	1.21M	700.00K	7.70M	6.30M	5.00M
Other long term assets, total	0	0	0	0	64.13M	65.38M	85.42M	81.69M	191.27M	72.30M	65.45M	59.58M	78.81M	66.41M	57.70M	85.30M	96.60M	68.10M
Short term debt	383.04M	441.39M	274.09M	143.90M	765.33M	1.11B	977.89M	1.16B	596.73M	317.98M	550.43M	70.78M	201.94M	455.37M	560.70M	807.60M	828.70M	710.20M
Current portion of LT debt and capital leases	—	56.42M	85.14M	139.62M	177.93M	191.58M	216.21M	190.55M	213.34M	151.77M	82.44M	2.52M	2.36M	386.97M	5.40M	35.00M	105.20M	32.00M
Short term debt excl. current portion of LT debt	383.04M	384.96M	188.95M	4.28M	587.40M	919.78M	761.68M	968.92M	383.38M	166.22M	467.99M	68.26M	199.58M	68.40M	555.30M	772.60M	723.50M	678.20M
Accounts payable	171.59M	163.11M	192.55M	338.38M	200.04M	198.14M	254.96M	564.81M	506.08M	278.15M	278.78M	235.81M	337.89M	509.32M	444.70M	505.50M	392.30M	411.80M
Income tax payable	11.71M	27.34M	20.57M	3.14M	109.69M	135.72M	850.00K	—	—	0	—	1.95M	2.32M	—	—	—	—	—
Long term debt	493.49M	316.08M	616.17M	1.34B	869.03M	799.02M	638.15M	674.04M	925.32M	816.53M	414.15M	402.58M	391.25M	12.24M	241.20M	435.90M	330.70M	73.70M
Long term debt excl. lease liabilities	493.49M	313.41M	614.37M	1.34B	869.03M	799.02M	638.15M	674.04M	925.32M	816.53M	414.15M	402.58M	391.25M	12.24M	241.20M	435.90M	330.70M	73.70M
Total equity	407.77M	583.29M	781.51M	890.17M	1.01B	1.19B	1.13B	1.14B	1.03B	1.06B	1.31B	1.63B	1.85B	2.45B	3.04B	3.35B	3.60B	3.78B
Shareholders' equity	407.77M	583.29M	781.51M	890.17M	1.01B	1.19B	1.13B	1.14B	1.03B	1.06B	1.31B	1.63B	1.85B	2.45B	3.04B	3.35B	3.60B	3.78B
Common equity, total	407.77M	583.29M	781.51M	890.17M	1.01B	1.19B	1.13B	1.14B	1.03B	1.06B	1.31B	1.63B	1.85B	2.45B	3.04B	3.35B	3.60B	3.78B
Other common equity	274.66M	450.18M	648.40M	794.56M	914.69M	1.09B	216.31M	196.56M	194.71M	194.71M	194.71M	194.71M	194.71M	194.71M	199.30M	199.30M	199.30M	199.30M
Total debt	876.52M	757.47M	890.25M	1.48B	1.63B	1.91B	1.62B	1.83B	1.52B	1.13B	964.59M	473.36M	593.19M	467.61M	801.90M	1.24B	1.16B	783.90M
Net debt	733.62M	604.06M	740.64M	1.36B	1.53B	1.85B	1.55B	1.81B	1.51B	1.12B	925.48M	451.10M	256.30M	-50.43M	547.70M	1.07B	980.90M	729.10M
Change in accounts receivable	16.52M	-22.25M	-12.87M	-169.02M	-105.46M	-57.65M	-38.00M	-89.70M	84.76M	42.19M	-41.12M	43.29M	-61.23M	-32.47M	-33.00M	79.30M	39.00M	-72.40M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	-44.94M	-17.50M	96.93M	62.12M	-54.83M	-1.91M	58.06M	310.00M	-60.65M	-229.81M	2.03M	-41.31M	27.80M	170.28M	-75.90M	60.80M	-113.70M	19.70M
Change in other assets/liabilities	0	0	0	23.87M	234.50M	-11.18M	-43.52M	49.32M	-64.37M	-92.04M	-27.73M	-54.05M	6.33M	-19.20M	6.40M	-103.00M	166.50M	-64.90M
Sale of fixed assets & businesses	524.44K	82.71M	240.00K	1.41M	1.60M	1.36M	282.00K	1.39M	626.87M	4.78M	65.40M	988.00K	3.08M	11.15M	33.60M	20.00M	54.20M	1.60M
Purchase/sale of investments, net	2.82M	0	0	-48.00K	0	34.00K	-53.00K	48.00K	0	0	168.00K	276.00K	-319.00M	-136.19M	284.60M	107.00M	22.30M	105.20M
Sale/maturity of investments	2.82M	0	0	0	0	34.00K	0	48.00K	0	0	168.00K	276.00K	6.54M	28.73M	287.80M	109.30M	22.30M	105.20M
Purchase of investments	0	0	0	-48.00K	0	0	-53.00K	0	0	0	0	0	-325.54M	-164.92M	-3.20M	-2.30M	0	0
Other investing cash flow items, total	147.39M	-86.70K	0	118.10M	-52.51M	-26.68M	51.31M	-1.48M	-20.09M	0	0	885.00K	1.00K	-1.00K	0	0	0	0
Issuance/retirement of debt, net	-188.27M	-119.06M	133.79M	595.76M	110.64M	276.70M	-281.78M	233.81M	-313.75M	-383.33M	-170.93M	-490.29M	115.67M	-125.07M	332.50M	439.20M	-84.10M	-375.10M
Issuance/retirement of long term debt	-188.27M	-119.06M	133.79M	214.25M	136.40M	-107.68M	6.24M	57.37M	229.30M	-300.96M	-384.66M	-91.50M	2.29M	5.68M	229.10M	194.80M	-105.10M	-256.90M
Issuance/retirement of short term debt	—	—	—	381.50M	-25.76M	384.38M	-288.02M	176.44M	-543.05M	-95.94M	300.77M	-398.79M	130.38M	-130.74M	148.30M	258.40M	26.00M	56.50M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	13.58M	-87.04M	0	-17.00M	0	-44.90M	-14.00M	-5.00M	-174.70M
Total cash dividends paid	0	0	0	0	-21.51M	-22.17M	-28.31M	-5.65M	-17.18M	-170.00K	-358.00K	-155.00K	-40.34M	-14.34M	-62.10M	-60.20M	-19.00M	-10.90M
Other financing cash flow items, total	-11.19M	-11.07M	-22.29M	-33.45M	0	0	0	0	0	0	0	0	-1.00K	0	0	0	0	0

Particulars	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-120.28M	-83.65M	-72.39M	-115.46M	-159.32M	-180.39M	-143.43M	-136.63M	-198.90M	-163.08M	-107.56M	-66.24M	-53.16M	-47.12M	-46.00M	-88.50M	-112.90M	-70.20M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	1.70B	1.75B	2.28B	3.23B	3.58B	4.04B	3.71B	4.31B	3.70B	3.06B	3.00B	2.78B	3.11B	3.82B	4.71B	5.59B	5.63B	5.45B
Total current assets	984.87M	1.18B	1.12B	1.48B	1.46B	2.01B	1.37B	1.81B	1.36B	966.27M	1.19B	1.19B	1.62B	2.30B	2.69B	3.21B	3.10B	3.00B
Cash and short term investments	142.90M	153.41M	149.61M	127.99M	101.80M	62.23M	61.66M	19.43M	16.04M	17.74M	39.10M	22.27M	336.89M	518.04M	254.20M	172.50M	178.50M	54.80M
Cash & equivalents	89.85M	108.05M	102.41M	73.96M	91.89M	32.02M	61.66M	19.43M	16.04M	17.74M	39.10M	22.27M	9.77M	14.35M	19.10M	31.30M	53.40M	25.40M
Short term investments	53.06M	45.36M	47.20M	54.03M	9.92M	30.21M	0	0	0	0	0	0	327.12M	503.69M	235.10M	141.20M	125.10M	29.40M
Total receivables, net	267.56M	236.31M	269.78M	439.96M	285.09M	343.20M	343.97M	436.40M	380.75M	343.45M	370.09M	323.80M	386.80M	404.14M	429.60M	351.90M	319.70M	391.80M
Accounts receivable - trade, net	166.47M	171.24M	172.56M	182.13M	285.03M	340.84M	335.65M	427.25M	373.83M	339.50M	366.74M	321.60M	385.01M	401.89M	426.00M	350.60M	316.70M	388.10M
Other receivables	101.09M	65.07M	97.22M	257.83M	54.00K	2.37M	8.33M	9.16M	6.92M	3.95M	3.35M	2.20M	1.79M	2.25M	3.60M	1.30M	3.00M	3.70M
Total inventory	571.20M	775.58M	685.48M	866.91M	1.03B	1.50B	892.17M	1.26B	896.38M	577.42M	754.09M	801.59M	764.82M	1.13B	1.94B	2.65B	2.58B	2.53B
Other current assets, total	0	17.97M	18.15M	44.81M	43.91M	81.90M	52.38M	69.88M	54.79M	12.26M	14.19M	24.15M	122.36M	239.03M	57.50M	33.30M	10.60M	9.50M
Total non-current assets	719.05M	569.76M	1.16B	1.75B	2.11B	2.03B	2.34B	2.50B	2.35B	2.10B	1.81B	1.59B	1.49B	1.52B	2.02B	2.38B	2.53B	2.46B
Long term investments	1.45M	1.45M	1.45M	1.50M	105.43M	161.45M	159.88M	108.33M	1.42M	28.08M	37.62M	46.05M	51.78M	61.30M	67.80M	68.50M	68.50M	68.50M
Note receivable - long term	—	—	—	—	103.93M	159.98M	158.42M	106.91M	—	26.66M	36.20M	44.63M	50.31M	59.84M	66.30M	67.00M	67.00M	67.00M
Investments in unconsolidated subsidiaries	—	—	—	—	48.00K	48.00K	48.00K	0	0	0	0	0	0	0	0	0	0	0
Other investments	1.45M	1.45M	1.45M	1.50M	1.45M	1.42M	1.42M	1.42M	1.42M	1.42M	1.42M	1.42M	1.47M	1.47M	1.50M	1.50M	1.50M	1.50M
Net property/plant/equipment	708.36M	559.37M	1.14B	1.69B	1.82B	1.77B	2.05B	2.28B	2.06B	1.83B	1.60B	1.45B	1.32B	1.36B	1.87B	2.20B	2.32B	2.29B
Gross property/plant/equipment	1.31B	1.20B	1.86B	2.53B	2.78B	2.88B	3.30B	3.68B	3.75B	2.06B	2.03B	2.06B	2.08B	2.25B	2.89B	3.45B	3.82B	4.02B
Deferred tax assets	5.12M	5.91M	7.94M	44.56M	91.94M	13.03M	27.62M	22.39M	87.11M	156.04M	96.46M	37.40M	27.21M	25.32M	25.80M	25.50M	29.00M	24.60M
Net intangible assets	0	0	9.63M	8.66M	20.02M	16.98M	13.55M	11.03M	8.70M	7.24M	5.30M	4.54M	4.07M	1.21M	700.00K	7.70M	6.30M	5.00M
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	9.63M	8.66M	20.02M	16.98M	13.55M	11.03M	8.70M	7.24M	5.30M	4.54M	4.07M	1.21M	700.00K	7.70M	6.30M	5.00M
Other long term assets, total	0	0	0	0	64.13M	65.38M	85.42M	81.69M	191.27M	72.30M	65.45M	59.58M	78.81M	66.41M	57.70M	85.30M	96.60M	68.10M
Short term debt	383.04M	441.39M	274.09M	143.90M	765.33M	1.11B	977.89M	1.16B	596.73M	317.98M	550.43M	70.78M	201.94M	455.37M	560.70M	807.60M	828.70M	710.20M
Current portion of LT debt and capital leases	—	56.42M	85.14M	139.62M	177.93M	191.58M	216.21M	190.55M	213.34M	151.77M	82.44M	2.52M	2.36M	386.97M	5.40M	35.00M	105.20M	32.00M
Short term debt excl. current portion of LT debt	383.04M	384.96M	188.95M	4.28M	587.40M	919.78M	761.68M	968.92M	383.38M	166.22M	467.99M	68.26M	199.58M	68.40M	555.30M	772.60M	723.50M	678.20M
Accounts payable	171.59M	163.11M	192.55M	338.38M	200.04M	198.14M	254.96M	564.81M	506.08M	278.15M	278.78M	235.81M	337.89M	509.32M	444.70M	505.50M	392.30M	411.80M
Income tax payable	11.71M	27.34M	20.57M	3.14M	109.69M	135.72M	850.00K	—	—	0	—	1.95M	2.32M	—	—	—	—	—
Long term debt	493.49M	316.08M	616.17M	1.34B	869.03M	799.02M	638.15M	674.04M	925.32M	816.53M	414.15M	402.58M	391.25M	12.24M	241.20M	435.90M	330.70M	73.70M
Long term debt excl. lease liabilities	493.49M	313.41M	614.37M	1.34B	869.03M	799.02M	638.15M	674.04M	925.32M	816.53M	414.15M	402.58M	391.25M	12.24M	241.20M	435.90M	330.70M	73.70M
Total equity	407.77M	583.29M	781.51M	890.17M	1.01B	1.19B	1.13B	1.14B	1.03B	1.06B	1.31B	1.63B	1.85B	2.45B	3.04B	3.35B	3.60B	3.78B
Shareholders' equity	407.77M	583.29M	781.51M	890.17M	1.01B	1.19B	1.13B	1.14B	1.03B	1.06B	1.31B	1.63B	1.85B	2.45B	3.04B	3.35B	3.60B	3.78B
Common equity, total	407.77M	583.29M	781.51M	890.17M	1.01B	1.19B	1.13B	1.14B	1.03B	1.06B	1.31B	1.63B	1.85B	2.45B	3.04B	3.35B	3.60B	3.78B
Other common equity	274.66M	450.18M	648.40M	794.56M	914.69M	1.09B	216.31M	196.56M	194.71M	194.71M	194.71M	194.71M	194.71M	194.71M	199.30M	199.30M	199.30M	199.30M
Total debt	876.52M	757.47M	890.25M	1.48B	1.63B	1.91B	1.62B	1.83B	1.52B	1.13B	964.59M	473.36M	593.19M	467.61M	801.90M	1.24B	1.16B	783.90M
Net debt	733.62M	604.06M	740.64M	1.36B	1.53B	1.85B	1.55B	1.81B	1.51B	1.12B	925.48M	451.10M	256.30M	-50.43M	547.70M	1.07B	980.90M	729.10M
Change in accounts receivable	16.52M	-22.25M	-12.87M	-169.02M	-105.46M	-57.65M	-38.00M	-89.70M	84.76M	42.19M	-41.12M	43.29M	-61.23M	-32.47M	-33.00M	79.30M	39.00M	-72.40M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	-44.94M	-17.50M	96.93M	62.12M	-54.83M	-1.91M	58.06M	310.00M	-60.65M	-229.81M	2.03M	-41.31M	27.80M	170.28M	-75.90M	60.80M	-113.70M	19.70M
Change in other assets/liabilities	0	0	0	23.87M	234.50M	-11.18M	-43.52M	49.32M	-64.37M	-92.04M	-27.73M	-54.05M	6.33M	-19.20M	6.40M	-103.00M	166.50M	-64.90M
Sale of fixed assets & businesses	524.44K	82.71M	240.00K	1.41M	1.60M	1.36M	282.00K	1.39M	626.87M	4.78M	65.40M	988.00K	3.08M	11.15M	33.60M	20.00M	54.20M	1.60M
Purchase/sale of investments, net	2.82M	0	0	-48.00K	0	34.00K	-53.00K	48.00K	0	0	168.00K	276.00K	-319.00M	-136.19M	284.60M	107.00M	22.30M	105.20M
Sale/maturity of investments	2.82M	0	0	0	0	34.00K	0	48.00K	0	0	168.00K	276.00K	6.54M	28.73M	287.80M	109.30M	22.30M	105.20M
Purchase of investments	0	0	0	-48.00K	0	0	-53.00K	0	0	0	0	0	-325.54M	-164.92M	-3.20M	-2.30M	0	0
Other investing cash flow items, total	147.39M	-86.70K	0	118.10M	-52.51M	-26.68M	51.31M	-1.48M	-20.09M	0	0	885.00K	1.00K	-1.00K	0	0	0	0
Issuance/retirement of debt, net	-188.27M	-119.06M	133.79M	595.76M	110.64M	276.70M	-281.78M	233.81M	-313.75M	-383.33M	-170.93M	-490.29M	115.67M	-125.07M	332.50M	439.20M	-84.10M	-375.10M
Issuance/retirement of long term debt	-188.27M	-119.06M	133.79M	214.25M	136.40M	-107.68M	6.24M	57.37M	229.30M	-300.96M	-384.66M	-91.50M	2.29M	5.68M	229.10M	194.80M	-105.10M	-256.90M
Issuance/retirement of short term debt	—	—	—	381.50M	-25.76M	384.38M	-288.02M	176.44M	-543.05M	-95.94M	300.77M	-398.79M	130.38M	-130.74M	148.30M	258.40M	26.00M	56.50M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	13.58M	-87.04M	0	-17.00M	0	-44.90M	-14.00M	-5.00M	-174.70M
Total cash dividends paid	0	0	0	0	-21.51M	-22.17M	-28.31M	-5.65M	-17.18M	-170.00K	-358.00K	-155.00K	-40.34M	-14.34M	-62.10M	-60.20M	-19.00M	-10.90M
Other financing cash flow items, total	-11.19M	-11.07M	-22.29M	-33.45M	0	0	0	0	0	0	0	0	-1.00K	0	0	0	0	0