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Indian auto-components maker specializing in precision forged gears and increasingly in EV motors and driveline systems.
Indian auto-components maker specializing in precision forged gears and increasingly in EV motors and driveline systems.
Components are designed into specific vehicle platforms and supplied for the life of each model, so volumes follow carmakers' production rather than one-off orders. A substantial share of sales is exported, mainly to global carmakers, and the company has been shifting its mix from conventional drivetrain parts toward electric-vehicle drive components.
In one line: A smaller, India-based BorgWarner focused on EV drivetrains.
Moat: narrow (process know-how, customer qualification, IP / patents). Precision-forging expertise and early EV-motor qualification with global OEMs create switching costs.
Headquarters: Gurugram, India · Founded: 1995 · Employees: 6,691
Size Sona BLW Precision Forgings (SONACOMS.NS) is an India Consumer Discretionary company (Auto Parts: OEM) with a market value of $5.94B, the 188th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹900.00 on 6 Nov 2026.
Performance Over six months the shares gained 55.5%, against -13.0% for the median peer and 0.0% for the India market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 42.1% over the last twelve months (peer median +6.6%); the operating margin is 17.5% (peer median 6.5%).
Valuation It trades at 63.7× forward earnings against a peer median of 17.9× (3rd most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 48% a year for seven years (Req g). Recent delivered growth is +24%, so the hurdle is +25 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 2.4 points below its cost of capital (13.9% WACC).
Next results Next results expected around 26 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹52.9B | ₹43.7B | ₹34.8B | ₹31.5B | ₹26.3B |
| Revenue growth | — | +26% | +11% | +20% | — |
| Gross profit | ₹18.8B | ₹11.3B | ₹8.71B | ₹8.45B | ₹6.51B |
| EBITDA | ₹12.3B | ₹11.4B | ₹9.12B | ₹8.79B | ₹6.56B |
| Net income | ₹7.47B | ₹6.40B | ₹6.01B | ₹5.17B | ₹3.95B |
| Free cash flow | n/a | ₹2.83B | ₹4.09B | ₹3.76B | ₹2.00B |
| Capital expenditure | n/a | ₹4.92B | ₹4.17B | ₹3.20B | ₹3.35B |
| Total debt | ₹6.62B | ₹4.42B | ₹2.02B | ₹4.12B | ₹2.95B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Sona BLW Precision Forgings SONACOMS.NS | $5.94B | +56% | +42% | 17% | 63.7× | 48.2% |
| UNO Minda UNOMINDA.NS | $8.11B | +16% | +19% | 8% | 53.6× | 46.9% |
| BorgWarner BWA | $9.80B | -20% | 0% | 11% | 8.7× | -3.2% |
| Bharat Forge BHARATFORG.NS | $9.01B | -13% | +18% | 11% | 51.4× | 46.3% |
| Endurance Technologies ENDURANCE.NS | $3.71B | -1% | +32% | 8% | 32.3× | 29.9% |
| Sundram Fasteners SUNDRMFAST.NS | $2.40B | +24% | +17% | 12% | 31.6× | 28.4% |
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.
| Measure | SONACOMS.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +11.0% | -0.6% | 8th highest of 21 |
| 6-month return | +55.5% | -13.0% | highest of 21 |
| Distance from 52-week high | -2.0% | -29.3% | highest of 21 |
| Revenue growth (TTM) | +42.1% | +6.6% | 2nd highest of 21 |
| Operating margin | 17.5% | 6.5% | 5th highest of 21 |
| Forward P/E | 63.7× | 17.9× | 3rd most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 48.2% | 2.6% | most demanding of 14 |
| Growth delivered (Del g) | +23.6% | +7.4% | 2nd highest of 14 |
| Hurdle (Req g minus delivered) | +24.6 pp | -5.2 pp | most demanding of 14 |
| ROIC minus cost of capital | -2.4 pp | +1.4 pp | 4th lowest of 21 |
| EV / EBITDA | 45.2× | 7.2× | most expensive of 10 |
| Net debt / EBITDA | -0.5× | 1.2× | 2nd least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sona BLW Precision Forgings SONACOMS.NS | India | $5.94B | +56% | +42% | 17% | 63.7× | 48.2% | +23.6% |
| Kuang-Chi Technologies 002625.SZ | China | $6.05B | -52% | -7% | 20% | 21.6× | n/a | n/a |
| Schaeffler SHA0.DE | Germany | $5.83B | -45% | -1% | 2% | 18.4× | 10.7% | +13.3% |
| Wanxiang Qianchao 000559.SZ | China | $6.24B | -22% | -4% | 8% | 36.7× | 21.2% | +4.2% |
| Brembo BRE.MI | Italy | $5.62B | -11% | -3% | 7% | 13.7× | 17.3% | +10.9% |
| Zhejiang Sling Intelligent Drive 301550.SZ | China | $6.34B | +14% | +7% | 19% | 230.9× | n/a | n/a |
| Anhui Jianghuai Automobile 600418.SS | China | $6.48B | -60% | +23% | -2% | 44.4× | n/a | n/a |
| Lear LEA | United States | $5.31B | -21% | +4% | 4% | 6.9× | -1.3% | +6.4% |
| Jiangsu Xinquan Automotive Trim 603179.SS | China | $5.07B | +5% | +12% | 6% | 33.5× | n/a | n/a |
| Huizhou Desay SV Automotive 002920.SZ | China | $7.12B | -23% | +12% | 7% | 17.5× | n/a | n/a |
| Suzhou Inovance Automotive 301656.SZ | China | $4.95B | -31% | +28% | 1% | 676.0× | n/a | n/a |
| Ningbo Joyson Electronic 0699.HK | Hong Kong | $4.54B | -39% | -1% | 5% | 9.7× | -1.7% | +4.3% |
| Huayu Automotive Systems 600741.SS | China | $7.87B | -11% | +1% | 3% | 7.9× | -15.5% | +6.6% |
| UNO Minda UNOMINDA.NS | India | $8.11B | +16% | +19% | 8% | 53.6× | 46.9% | +25.0% |
| HELLA GmbH & Co. KGaA HLE.DE | Germany | $8.26B | -7% | -1% | 5% | 34.7× | 2.4% | +6.1% |
| Koito Manufacturing 7276.T | Japan | $4.27B | -6% | +6% | 6% | 13.3× | -0.8% | +6.1% |
| Gentex GNTX | United States | $4.19B | -15% | +8% | 19% | 9.9× | -4.7% | +8.5% |
| Atmus Filtration Technologies ATMU | United States | $4.13B | -9% | +13% | 17% | 16.2× | 8.1% | +7.4% |
| Autoliv ALV | United States | $8.89B | +2% | +4% | 10% | 11.0× | 2.6% | +7.7% |
| Niterra 5334.T | Japan | $9.01B | +5% | +16% | 19% | 9.9× | 4.0% | +11.3% |
| Fulin Precision 300432.SZ | China | $3.84B | -47% | +95% | 5% | 20.2× | n/a | n/a |