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← CockpitCompetitor Analysis › SHARDAMOTR.NS Sharda Motor Industries Ltd.Open in the cockpit ↗

Sharda Motor Industries Ltd.SHARDAMOTR.NSCompetitor analysis, valuation and peers

India · INR·Auto & Ancillaries›Auto Parts: OEM
Momentum neutral 43
Mkt cap
$526M
US dollars, full cap
Free float
42%
of shares outstanding
$/day
$318,780
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+5.3 pp
WACC 15.1%
Hurdle
+2 pp
Req g minus delivered
Next earnings
11 days
17 Nov 2026
Close · INR₹865.85
1D-0.9%
1W+7.1%
1M-6.4%
3M-7.3%
6M-4.6%
YTD-7.9%
1Y-16.4%
ATR %3.5%
Beta1.20
52w lowhigh27.2% off high

What Sharda Motor Industries does

Employees: 4,543

Sharda Motor Industries at a glance

Size Sharda Motor Industries (SHARDAMOTR.NS) is an India Consumer Discretionary company (Auto Parts: OEM) with a market value of $526M, the 820th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹865.85 on 6 Nov 2026.

Performance Over six months the shares fell 4.6%, against -19.4% for the median peer and 0.0% for the India market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue grew 25.6% over the last twelve months (peer median +8.2%); the operating margin is 9.8% (peer median 5.4%).

Valuation It trades at 1.4× enterprise value to sales against a peer median of 2.4× (9th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is +2 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 5.3 points above its cost of capital (15.1% WACC).

Next results Next results expected around 17 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026SHARDAMOTR.NS 95Peer median 79
Six months, rebased to 100: Sharda Motor Industries against the median of its 20 peers (local-currency closes).

Sharda Motor Industries financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹36.5B₹34.0B₹28.4B₹28.1B₹27.0B
Revenue growth—+20%+1%+4%—
Gross profit₹5.91B₹4.44B₹4.10B₹3.72B₹3.02B
EBITDA₹4.24B₹4.35B₹4.05B₹3.67B₹2.88B
Net income₹3.32B₹3.45B₹3.15B₹3.00B₹2.08B
Free cash flown/a₹2.92B₹2.01B₹3.25B-₹2.79B
Capital expendituren/a₹917M₹923M₹731M₹1.03B
Total debtn/a₹492M₹516M₹237M₹246M

Quarterly statements and history in the cockpit →

Sharda Motor Industries competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%-20%-10%0%724672417279300998HYLN001282603926002766LUMAXINDFIEMIND6032393011196030856031213011866033906030376039603007457292SHARDAMOTR.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Sharda Motor Industries is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%0×2.5×5×7.5×724672417279300998HYLN001282603926002766LUMAXINDFIEMIND6032393011196030856031213011866033906030376039603007457292SHARDAMOTR.NSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Sharda Motor Industries is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%-25%0%25%50%724672417279300998603926LUMAXINDFIEMIND6032393011196030856033906030377292SHARDAMOTR.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Sharda Motor Industries is the large dot.

Sharda Motor Industries competitors and peer comparison

How Sharda Motor Industries compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Sharda Motor Industries against its 20 peers (data as of 6 Nov 2026)
MeasureSHARDAMOTR.NSPeer medianRank in peer set
1-month return-6.4%-9.2%9th highest of 21
6-month return-4.6%-19.4%6th highest of 21
Distance from 52-week high-27.2%-44.2%5th highest of 21
Revenue growth (TTM)+25.6%+8.2%6th highest of 21
Operating margin9.8%5.4%4th highest of 21
EV / Sales1.4×2.4×9th cheapest of 21
Growth the price implies (Req g, 7 yrs)16.7%12.8%8th least demanding of 15
Growth delivered (Del g)+14.4%+10.4%6th highest of 15
Hurdle (Req g minus delivered)+2.3 pp-2.1 pp7th most demanding of 15
ROIC minus cost of capital+5.3 pp-1.5 pp5th highest of 21
EV / EBITDA11.7×11.8×3rd cheapest of 6
Net debt / EBITDA-2.2×-0.6×3rd least indebted of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Sharda Motor Industries SHARDAMOTR.NSIndia$526M-5%+26%10%1.4×16.7%+14.4%
Press Kogyo 7246.TJapan$525M+14%+11%7%0.4×-4.8%+5.6%
Futaba Industrial 7241.TJapan$524M-5%+2%3%0.2×-3.8%+7.7%
Hi-Lex 7279.TJapan$520M-17%+32%1%0.1×3.0%+9.2%
Ningbo Fangzheng Automobile Mould 300998.SZChina$532M-5%+2%-3%3.3×57.3%+14.9%
Hyliion HYLNUnited States$534M+22%+163%-649%51.1×n/an/a
Wuhu Sanlian Forging 001282.SZChina$537M-23%+2%5%2.5×n/an/a
Tieliu 603926.SSChina$515M-32%-4%4%1.4×6.6%+9.6%
Shenzhen Soling Industrial 002766.SZChina$538M-11%-57%-29%7.2×n/an/a
Lumax Industries LUMAXIND.NSIndia$539M0%+29%6%1.3×22.7%+23.8%
Fiem Industries FIEMIND.NSIndia$513M-19%+17%11%1.6×21.3%+18.2%
Zhejiang Xiantong Rubber & Plastic 603239.SSChina$540M-44%+9%14%2.4×8.6%+19.8%
Hangzhou Zhengqiang 301119.SZChina$510M-20%+5%19%5.8×19.9%+10.1%
Zhejiang Tenchen Controls 603085.SSChina$507M-31%+29%6%1.2×1.3%+16.2%
Shanghai Sinotec 603121.SSChina$546M-46%+2%-2%3.4×n/an/a
Nantong Chaoda Equipment 301186.SZChina$505M-38%+5%7%4.0×21.6%+11.9%
Guangzhou Tongda Auto Electric 603390.SSChina$505M-28%+11%10%3.2×17.0%+9.5%
Shanghai Carthane 603037.SSChina$504M-8%+15%9%3.9×25.0%+10.7%
Shanghai Kelai Mechatronics Engineering 603960.SSChina$549M-37%+4%0%6.6×n/an/a
Shinry Technologies 300745.SZChina$504M-41%+33%-4%1.0×n/an/a
Murakami 7292.TJapan$503M+3%+8%7%0.3×-19.1%+9.3%

Questions

Which companies are Sharda Motor Industries's closest peers?
The cockpit's peer set: Press Kogyo (7246.T), Futaba Industrial (7241.T), Hi-Lex (7279.T), Ningbo Fangzheng Automobile Mould (300998.SZ), Hyliion (HYLN), Wuhu Sanlian Forging (001282.SZ), Tieliu (603926.SS), Shenzhen Soling Industrial (002766.SZ).
Is Sharda Motor Industries expensive compared with its peers?
On ev / sales it trades at 1.4× against a peer median of 2.4×, 9th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is +2 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Sharda Motor Industries stock performed?
Over six months to 6 Nov 2026 the shares returned -4.6% against -19.4% for the median peer; over one year -16.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.