Sharda Motor Industries Ltd

NSE: SHARDAMOTR BSE: 535602

₹884.30

-18.50 (2.05%)

Sat, 24 Oct 2026, 10:53 pm

MTF 5xInvest in Sharda Motor Industries Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)5177.31

PE Ratio15.29

Dividend2.22

Producer Manufacturing

Auto Parts: OEM

24.5K

Sharda Motor Industries Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	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	-75.29M	-72.77M	-74.82M	-109.33M	-149.73M	-153.97M	-121.32M	-70.48M	-20.15M	-459.00K	-9.28M	-14.27M	-14.75M	-19.12M	-22.08M	-39.33M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	—
Equity in earnings	11.98M	24.36M	17.99M	0	0	0	0	49.51M	101.71M	77.40M	-53.66M	-119.41M	-122.80M	29.09M	46.94M	24.76M
Total assets	3.64B	4.14B	4.51B	5.31B	5.85B	5.43B	5.79B	5.75B	6.17B	7.24B	6.25B	9.73B	10.66B	13.95B	16.34B	17.76B
Total current assets	1.79B	1.86B	1.81B	2.26B	2.17B	2.08B	2.63B	3.34B	3.92B	4.66B	3.97B	7.55B	8.72B	11.20B	10.42B	14.18B
Cash and short term investments	91.76M	24.08M	36.88M	63.26M	240.00M	152.14M	661.41M	1.39B	1.78B	2.24B	1.63B	2.80B	4.54B	5.66B	5.99B	9.06B
Cash & equivalents	61.67M	23.49M	25.08M	13.18M	240.00M	22.14M	11.94M	58.24M	220.07M	708.32M	789.24M	732.89M	1.94B	1.58B	795.35M	833.09M
Short term investments	30.09M	589.93K	11.80M	50.08M	0	130.00M	649.48M	1.33B	1.56B	1.53B	841.44M	2.07B	2.60B	4.08B	5.19B	8.22B
Total receivables, net	796.26M	834.02M	946.41M	1.06B	1.17B	1.03B	1.09B	1.19B	1.24B	1.34B	1.22B	3.30B	2.80B	3.43B	2.39B	2.97B
Accounts receivable - trade, net	781.35M	761.72M	942.78M	1.01B	1.05B	993.33M	1.02B	1.08B	1.22B	1.32B	1.17B	3.24B	2.76B	3.31B	2.27B	2.85B
Other receivables	14.90M	72.30M	3.63M	44.82M	117.69M	33.28M	64.89M	112.18M	20.38M	19.80M	50.36M	60.22M	38.69M	119.22M	120.60M	124.82M
Total inventory	485.90M	655.90M	633.10M	869.73M	735.58M	874.56M	841.98M	725.22M	886.79M	1.06B	1.10B	1.41B	1.32B	2.07B	1.99B	2.12B
Other current assets, total	136.00M	68.32M	44.82M	33.07M	13.63M	13.54M	18.48M	36.06M	8.66M	7.10M	4.64M	5.66M	31.47M	10.04M	9.75M	3.17M
Total non-current assets	1.85B	2.28B	2.69B	3.05B	3.67B	3.35B	3.16B	2.41B	2.26B	2.58B	2.28B	2.18B	1.94B	2.75B	5.93B	3.58B
Long term investments	109.05M	128.00M	197.07M	151.39M	224.76M	184.09M	180.48M	223.81M	317.09M	385.60M	228.70M	253.84M	211.54M	252.52M	3.35B	375.68M
Note receivable - long term	0	—	57.76M	26.99M	67.36M	141.58M	0	5.00K	0	—	—	—	—	506.00K	1.13M	1.79M
Investments in unconsolidated subsidiaries	109.04M	128.00M	138.78M	13.90M	13.90M	21.45M	179.98M	223.25M	316.41M	384.93M	228.36M	233.94M	211.15M	240.24M	287.57M	312.34M
Other investments	12.66K	0	532.63K	110.50M	143.50M	21.06M	500.00K	557.00K	675.00K	675.00K	345.00K	19.90M	385.00K	11.77M	3.06B	61.55M
Net property/plant/equipment	1.52B	1.96B	2.18B	2.44B	2.98B	2.61B	2.34B	2.01B	1.84B	2.11B	1.96B	1.81B	1.58B	2.14B	2.20B	2.70B
Gross property/plant/equipment	2.29B	2.88B	3.34B	3.87B	4.77B	4.85B	4.92B	2.17B	2.35B	3.25B	3.43B	3.68B	3.74B	4.47B	4.89B	5.78B
Deferred tax assets	—	—	11.51M	12.87M	6.75M	14.33M	29.45M	30.92M	10.00M	30.85M	30.57M	37.17M	51.95M	125.33M	118.26M	213.95M
Net intangible assets	214.47M	192.37M	186.44M	274.40M	249.77M	177.49M	130.33M	86.44M	44.00M	17.61M	6.79M	9.04M	6.84M	122.37M	101.85M	80.14M
Goodwill, net	204.82K	204.82K	204.82K	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	214.27M	192.16M	186.23M	274.40M	249.77M	177.49M	130.33M	86.44M	44.00M	17.61M	6.79M	9.04M	6.84M	122.37M	101.85M	80.14M
Other long term assets, total	0	0	87.46M	175.53M	0	103.47M	146.60M	30.65M	32.98M	37.66M	50.12M	65.43M	81.71M	99.81M	148.11M	199.75M
Short term debt	537.21M	481.90M	1.17B	1.49B	1.82B	1.10B	1.02B	477.88M	0	0	5.72M	6.20M	6.11M	10.55M	11.95M	24.77M
Current portion of LT debt and capital leases	224.39M	128.37M	80.22M	87.47M	40.05M	105.42M	157.21M	197.43M	—	0	5.72M	6.20M	6.11M	10.55M	11.95M	24.77M
Short term debt excl. current portion of LT debt	312.81M	353.53M	1.09B	1.40B	1.78B	992.56M	863.47M	280.44M	0	0	0	0	0	0	0	0
Accounts payable	909.08M	1.05B	1.08B	1.36B	1.06B	1.20B	1.26B	1.64B	1.83B	1.91B	2.07B	4.71B	4.15B	5.16B	4.95B	5.43B
Income tax payable	217.44M	224.06M	119.07M	208.91M	273.00K	250.00K	—	—	—	—	—	—	—	—	4.46M	13.59M
Long term debt	425.92M	599.81M	88.32M	109.63M	432.17M	344.87M	190.66M	111.84M	0	0	101.47M	112.82M	118.45M	235.88M	224.71M	491.53M
Long term debt excl. lease liabilities	425.92M	599.81M	88.32M	109.63M	432.17M	344.87M	190.66M	111.84M	0	0	101.47M	112.82M	118.45M	235.88M	224.71M	491.53M
Total equity	1.24B	1.41B	1.63B	1.70B	1.78B	2.05B	2.47B	3.06B	3.85B	4.75B	3.65B	4.31B	5.73B	7.58B	10.06B	10.62B
Shareholders' equity	1.24B	1.41B	1.63B	1.70B	1.78B	2.05B	2.47B	3.06B	3.85B	4.75B	3.65B	4.31B	5.73B	7.58B	10.06B	10.62B
Common equity, total	1.24B	1.41B	1.63B	1.70B	1.78B	2.05B	2.47B	3.06B	3.85B	4.75B	3.65B	4.31B	5.73B	7.58B	10.06B	10.62B
Other common equity	1.18B	1.36B	1.57B	1.59B	1.54B	1.84B	2.10B	2.10B	2.10B	2.10B	2.10B	2.10B	2.10B	2.10B	2.10B	234.12M
Total debt	963.12M	1.08B	1.26B	1.60B	2.25B	1.44B	1.21B	589.72M	0	0	107.19M	119.02M	124.56M	246.42M	236.65M	516.30M
Net debt	871.37M	1.06B	1.22B	1.53B	2.01B	1.29B	549.92M	-799.69M	-1.78B	-2.24B	-1.52B	-2.68B	-4.42B	-5.41B	-5.75B	-8.54B
Change in accounts receivable	-98.69M	19.63M	-163.30M	-67.34M	-128.24M	162.93M	-70.25M	-79.42M	-151.38M	-98.36M	150.61M	-2.07B	488.24M	-552.30M	1.02B	-585.50M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	4.20M	177.33M	-21.69M	332.02M	-224.04M	118.60M	61.40M	384.02M	188.32M	79.00M	152.31M	2.66B	-547.35M	1.00B	-206.23M	506.32M
Change in other assets/liabilities	160.93M	42.62M	94.01M	-341.52M	62.23M	12.82M	25.10M	76.96M	170.21M	26.29M	-97.15M	187.21M	122.10M	-3.85B	108.51M	-71.72M
Sale of fixed assets & businesses	65.11M	62.56M	78.27M	139.31M	43.28M	196.16M	363.05M	82.23M	76.13M	72.14M	193.15M	172.61M	219.92M	141.63M	437.55M	330.37M
Purchase/sale of investments, net	0	0	0	200.50M	0	-7.55M	-297.68M	-729.41M	-175.73M	298.39M	815.19M	-1.35B	-638.64M	2.53B	-2.14B	-354.69M
Sale/maturity of investments	0	0	0	200.50M	0	0	0	306.34M	1.42B	2.29B	2.33B	0	1.74B	2.53B	3.97B	—
Purchase of investments	0	0	0	0	0	-7.55M	-297.68M	-1.04B	-1.59B	-1.99B	-1.51B	-1.35B	-2.38B	0	-6.11B	-354.69M
Other investing cash flow items, total	0	0	20.26K	-114.40M	-15.11M	-34.37M	18.19M	0	0	-190.06M	0	0	0	0	0	40.58M
Issuance/retirement of debt, net	33.93M	118.58M	198.18M	341.21M	655.45M	-810.01M	-230.88M	-598.21M	-579.47M	0	0	0	0	0	0	0
Issuance/retirement of long term debt	33.93M	118.58M	198.18M	341.21M	655.45M	-810.01M	-230.88M	0	0	0	0	0	0	0	0	0
Issuance/retirement of short term debt	0	0	0	0	0	—	—	—	—	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	-598.21M	-579.47M	0	—	—	—	—	—	—
Total cash dividends paid	-69.57M	-69.45M	-69.22M	-69.11M	-69.34M	-70.46M	-80.55M	-89.49M	-89.83M	-45.05M	-749.00K	-363.00K	-78.19M	-242.31M	-513.47M	-284.74M
Other financing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	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	-75.29M	-72.77M	-74.82M	-109.33M	-149.73M	-153.97M	-121.32M	-70.48M	-20.15M	-459.00K	-9.28M	-14.27M	-14.75M	-19.12M	-22.08M	-39.33M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	—
Equity in earnings	11.98M	24.36M	17.99M	0	0	0	0	49.51M	101.71M	77.40M	-53.66M	-119.41M	-122.80M	29.09M	46.94M	24.76M
Total assets	3.64B	4.14B	4.51B	5.31B	5.85B	5.43B	5.79B	5.75B	6.17B	7.24B	6.25B	9.73B	10.66B	13.95B	16.34B	17.76B
Total current assets	1.79B	1.86B	1.81B	2.26B	2.17B	2.08B	2.63B	3.34B	3.92B	4.66B	3.97B	7.55B	8.72B	11.20B	10.42B	14.18B
Cash and short term investments	91.76M	24.08M	36.88M	63.26M	240.00M	152.14M	661.41M	1.39B	1.78B	2.24B	1.63B	2.80B	4.54B	5.66B	5.99B	9.06B
Cash & equivalents	61.67M	23.49M	25.08M	13.18M	240.00M	22.14M	11.94M	58.24M	220.07M	708.32M	789.24M	732.89M	1.94B	1.58B	795.35M	833.09M
Short term investments	30.09M	589.93K	11.80M	50.08M	0	130.00M	649.48M	1.33B	1.56B	1.53B	841.44M	2.07B	2.60B	4.08B	5.19B	8.22B
Total receivables, net	796.26M	834.02M	946.41M	1.06B	1.17B	1.03B	1.09B	1.19B	1.24B	1.34B	1.22B	3.30B	2.80B	3.43B	2.39B	2.97B
Accounts receivable - trade, net	781.35M	761.72M	942.78M	1.01B	1.05B	993.33M	1.02B	1.08B	1.22B	1.32B	1.17B	3.24B	2.76B	3.31B	2.27B	2.85B
Other receivables	14.90M	72.30M	3.63M	44.82M	117.69M	33.28M	64.89M	112.18M	20.38M	19.80M	50.36M	60.22M	38.69M	119.22M	120.60M	124.82M
Total inventory	485.90M	655.90M	633.10M	869.73M	735.58M	874.56M	841.98M	725.22M	886.79M	1.06B	1.10B	1.41B	1.32B	2.07B	1.99B	2.12B
Other current assets, total	136.00M	68.32M	44.82M	33.07M	13.63M	13.54M	18.48M	36.06M	8.66M	7.10M	4.64M	5.66M	31.47M	10.04M	9.75M	3.17M
Total non-current assets	1.85B	2.28B	2.69B	3.05B	3.67B	3.35B	3.16B	2.41B	2.26B	2.58B	2.28B	2.18B	1.94B	2.75B	5.93B	3.58B
Long term investments	109.05M	128.00M	197.07M	151.39M	224.76M	184.09M	180.48M	223.81M	317.09M	385.60M	228.70M	253.84M	211.54M	252.52M	3.35B	375.68M
Note receivable - long term	0	—	57.76M	26.99M	67.36M	141.58M	0	5.00K	0	—	—	—	—	506.00K	1.13M	1.79M
Investments in unconsolidated subsidiaries	109.04M	128.00M	138.78M	13.90M	13.90M	21.45M	179.98M	223.25M	316.41M	384.93M	228.36M	233.94M	211.15M	240.24M	287.57M	312.34M
Other investments	12.66K	0	532.63K	110.50M	143.50M	21.06M	500.00K	557.00K	675.00K	675.00K	345.00K	19.90M	385.00K	11.77M	3.06B	61.55M
Net property/plant/equipment	1.52B	1.96B	2.18B	2.44B	2.98B	2.61B	2.34B	2.01B	1.84B	2.11B	1.96B	1.81B	1.58B	2.14B	2.20B	2.70B
Gross property/plant/equipment	2.29B	2.88B	3.34B	3.87B	4.77B	4.85B	4.92B	2.17B	2.35B	3.25B	3.43B	3.68B	3.74B	4.47B	4.89B	5.78B
Deferred tax assets	—	—	11.51M	12.87M	6.75M	14.33M	29.45M	30.92M	10.00M	30.85M	30.57M	37.17M	51.95M	125.33M	118.26M	213.95M
Net intangible assets	214.47M	192.37M	186.44M	274.40M	249.77M	177.49M	130.33M	86.44M	44.00M	17.61M	6.79M	9.04M	6.84M	122.37M	101.85M	80.14M
Goodwill, net	204.82K	204.82K	204.82K	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	214.27M	192.16M	186.23M	274.40M	249.77M	177.49M	130.33M	86.44M	44.00M	17.61M	6.79M	9.04M	6.84M	122.37M	101.85M	80.14M
Other long term assets, total	0	0	87.46M	175.53M	0	103.47M	146.60M	30.65M	32.98M	37.66M	50.12M	65.43M	81.71M	99.81M	148.11M	199.75M
Short term debt	537.21M	481.90M	1.17B	1.49B	1.82B	1.10B	1.02B	477.88M	0	0	5.72M	6.20M	6.11M	10.55M	11.95M	24.77M
Current portion of LT debt and capital leases	224.39M	128.37M	80.22M	87.47M	40.05M	105.42M	157.21M	197.43M	—	0	5.72M	6.20M	6.11M	10.55M	11.95M	24.77M
Short term debt excl. current portion of LT debt	312.81M	353.53M	1.09B	1.40B	1.78B	992.56M	863.47M	280.44M	0	0	0	0	0	0	0	0
Accounts payable	909.08M	1.05B	1.08B	1.36B	1.06B	1.20B	1.26B	1.64B	1.83B	1.91B	2.07B	4.71B	4.15B	5.16B	4.95B	5.43B
Income tax payable	217.44M	224.06M	119.07M	208.91M	273.00K	250.00K	—	—	—	—	—	—	—	—	4.46M	13.59M
Long term debt	425.92M	599.81M	88.32M	109.63M	432.17M	344.87M	190.66M	111.84M	0	0	101.47M	112.82M	118.45M	235.88M	224.71M	491.53M
Long term debt excl. lease liabilities	425.92M	599.81M	88.32M	109.63M	432.17M	344.87M	190.66M	111.84M	0	0	101.47M	112.82M	118.45M	235.88M	224.71M	491.53M
Total equity	1.24B	1.41B	1.63B	1.70B	1.78B	2.05B	2.47B	3.06B	3.85B	4.75B	3.65B	4.31B	5.73B	7.58B	10.06B	10.62B
Shareholders' equity	1.24B	1.41B	1.63B	1.70B	1.78B	2.05B	2.47B	3.06B	3.85B	4.75B	3.65B	4.31B	5.73B	7.58B	10.06B	10.62B
Common equity, total	1.24B	1.41B	1.63B	1.70B	1.78B	2.05B	2.47B	3.06B	3.85B	4.75B	3.65B	4.31B	5.73B	7.58B	10.06B	10.62B
Other common equity	1.18B	1.36B	1.57B	1.59B	1.54B	1.84B	2.10B	2.10B	2.10B	2.10B	2.10B	2.10B	2.10B	2.10B	2.10B	234.12M
Total debt	963.12M	1.08B	1.26B	1.60B	2.25B	1.44B	1.21B	589.72M	0	0	107.19M	119.02M	124.56M	246.42M	236.65M	516.30M
Net debt	871.37M	1.06B	1.22B	1.53B	2.01B	1.29B	549.92M	-799.69M	-1.78B	-2.24B	-1.52B	-2.68B	-4.42B	-5.41B	-5.75B	-8.54B
Change in accounts receivable	-98.69M	19.63M	-163.30M	-67.34M	-128.24M	162.93M	-70.25M	-79.42M	-151.38M	-98.36M	150.61M	-2.07B	488.24M	-552.30M	1.02B	-585.50M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	4.20M	177.33M	-21.69M	332.02M	-224.04M	118.60M	61.40M	384.02M	188.32M	79.00M	152.31M	2.66B	-547.35M	1.00B	-206.23M	506.32M
Change in other assets/liabilities	160.93M	42.62M	94.01M	-341.52M	62.23M	12.82M	25.10M	76.96M	170.21M	26.29M	-97.15M	187.21M	122.10M	-3.85B	108.51M	-71.72M
Sale of fixed assets & businesses	65.11M	62.56M	78.27M	139.31M	43.28M	196.16M	363.05M	82.23M	76.13M	72.14M	193.15M	172.61M	219.92M	141.63M	437.55M	330.37M
Purchase/sale of investments, net	0	0	0	200.50M	0	-7.55M	-297.68M	-729.41M	-175.73M	298.39M	815.19M	-1.35B	-638.64M	2.53B	-2.14B	-354.69M
Sale/maturity of investments	0	0	0	200.50M	0	0	0	306.34M	1.42B	2.29B	2.33B	0	1.74B	2.53B	3.97B	—
Purchase of investments	0	0	0	0	0	-7.55M	-297.68M	-1.04B	-1.59B	-1.99B	-1.51B	-1.35B	-2.38B	0	-6.11B	-354.69M
Other investing cash flow items, total	0	0	20.26K	-114.40M	-15.11M	-34.37M	18.19M	0	0	-190.06M	0	0	0	0	0	40.58M
Issuance/retirement of debt, net	33.93M	118.58M	198.18M	341.21M	655.45M	-810.01M	-230.88M	-598.21M	-579.47M	0	0	0	0	0	0	0
Issuance/retirement of long term debt	33.93M	118.58M	198.18M	341.21M	655.45M	-810.01M	-230.88M	0	0	0	0	0	0	0	0	0
Issuance/retirement of short term debt	0	0	0	0	0	—	—	—	—	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	-598.21M	-579.47M	0	—	—	—	—	—	—
Total cash dividends paid	-69.57M	-69.45M	-69.22M	-69.11M	-69.34M	-70.46M	-80.55M	-89.49M	-89.83M	-45.05M	-749.00K	-363.00K	-78.19M	-242.31M	-513.47M	-284.74M
Other financing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0