
About Sandhar
Sandhar is a publicly listed company based in Gurugram (India) founded in 1985 by Jayant Davar. Automotive components including locks, mirrors, and handles are manufactured. Sandhar has raised $32 million across 2 funding rounds from investors including GTI Capital Group and Actis. The company has 1,356 employees. Sandhar has completed 1 acquisition, including Mag-India. Its website sandhargroup.com draws about 10 thousand monthly visits. Its Indian entity Sandhar Technologies Limited reported revenue of βΉ4,935 Cr. Sandhar offers products and services including Automotive Locking Systems, Automotive Vision Systems, Stampings, and Aluminium Die Casting. Its focus areas include Auto, Auto Components and Multi Category. Its competitors include UNO Minda and Rane Group; 1 of its 2 listed competitors has raised funding.
Company details
Sandhar was established in 1985 and is headquartered in Gurugram, India. Operations focus on the automotive sector, where various components such as locks, mirrors, door handles, die castings, relays, instrument clusters, gauges, fuel senders, carbon canisters, and wheel rims are produced. Manufacturing processes support the assembly and supply needs of vehicle producers in the region.
- Headquarters Gurugram, India
- Employees 1,356
- Founders Jayant Davar
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website sandhargroup.com
- Social LinkedIn X Facebook
- Legal Name Sandhar Technologies Ltd.
- Market Cap₹2,781 Cr
SANDHAR · NSE
- Share Price₹479.75
+3.84% today
- Revenue₹4,852 Cr
FY 2025-26 · +24.9% YoY
- EBITDA₹435 Cr
Margin 9.0%
- Net Profit₹142 Cr
FY 2025-26 · +6.1% YoY
- P/E (TTM)13.1x
P/B 2.1x
- ROE11.5%
ROCE 11.9%
- Debt / Equity0.84
Interest cover 28.5x
- Total Equity Funding$32M (USD)
in 2 rounds
- Latest Funding Round$23M (USD), Private Equity Round
Feb 2013
- InvestorsGTI Capital Group
& 1 more
- Employee Count1,356
- Investments & Acquisitions
Associated legal entities of Sandhar
Sandhar is associated with 11 registered companies on The Company Check; the primary company is Sandhar Technologies Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sandhar Technologies Limited Listed CIN L74999DL1987PLC029553 | Active | 19 Oct 1987 | New Delhi, Delhi | ₹4,935 Cr | 1,287 | 13 | View details |
| Sandhar Infosystems Limited. CIN U74899DL2000PLC106824 | Converted To Llp | 17 Jul 2000 | New Delhi, Delhi | ₹0.3 Cr | 3 | View details | |
| Sandhar Han Shin Auto Technologies Private Limited CIN U29308DL2019PTC358000 | Active | 26 Nov 2019 | Delhi, Delhi | ₹29.9 Cr | 8 | 4 | View details |
| Winnercom Sandhar Technologies Private Limited CIN U29100DL2019PTC354114 | Active | 22 Aug 2019 | New Delhi, Delhi | ₹60.9 Cr | 19 | 5 | View details |
| Sandhar Ascast Private Limited CIN U28939HR2002PTC125417 | Active | 26 Feb 2002 | Gurgaon, Haryana | ₹19.3 Cr | 49 | 5 | View details |
| Sandhar Intelli-Glass Solutions Limited CIN U26960DL2003PLC123094 | Strike Off | 17 Nov 2003 | New Delhi, Delhi | 3 | View details | ||
| Sandhar Estates Private Limited CIN U51109DL2000PTC106728 | Active | 12 Jul 2000 | New Delhi, Delhi, India | View details | |||
| Sandhar Daewha Automotive Systemsprivate Limited CIN U36100HR2017PTC069555 | Active | 20 Jun 2017 | Gurugram, Haryana, India | View details | |||
| Sandhar Autotech Private Limited CIN U35999HR2021PTC092499 | Strike Off | 27 Jan 2021 | Gurgaon, Haryana, India | View details | |||
| Kwangsung Sandhar Automotive Systemsprivate Limited CIN U29309HR2019PTC083787 | Active | 21 Nov 2019 | Gurugram, Haryana, India | View details | |||
| Sandhar Amkin Industries Pvt. Ltd CIN U36100DL2017PTC323315 | Active | 06 Sep 2017 | New Delhi, Delhi, India | View details |
Products & Services of Sandhar
Sandhar offers a comprehensive portfolio of products and services, including Automotive Locking Systems, Automotive Vision Systems, Stampings, and Aluminium Die Casting.
Provides locking and security solutions for automotive vehicles.
Offers mirrors and vision aids for vehicle safety and functionality.
Manufactures stamped parts for automotive structural applications.
Produces aluminium components for automotive and industrial uses.
Funding Insights of Sandhar
Sandhar has successfully raised a total of $32M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $23 million completed in February 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32M
- Total Rounds 2
- Last Round Private Equity Round β $23M
- First Round $9M
(Aug 2012)
- Investors Count 2
All 2 funding rounds of Sandhar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2013 | $23M | Private Equity Round | β | β | |
| Aug 2012 | $9M | Private Equity Round | β | β |
2 investors in total: 2 institutional.
Investors in Sandhar
Sandhar has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include GTI Capital Group and Actis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Potato farming, grain marketing, and equipment services are conducted in Maine. | 1996 | gticapitalgroup.com | Ebene City, Mauritius | |
| act.is |
Investor details for Sandhar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Sandhar Technologies Limited (Sandhar)
Sandhar Technologies Limited is the primary company behind Sandhar. The boards of the 6 registered companies of Sandhar currently have 20 directors; the longest-serving is Monica Davar, appointed in 1987. 66 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Monica Davar DIN 00100875 | Director | 24 Oct 1987 | 39 yrs | Sandhar Technologies Limited |
| Jayant Davar DIN 00100801 | Director | 17 Nov 2003 | 22 yrs 11 mo | Sandhar Intelli-Glass Solutions Limited, Sandhar Technologies Limited, Sandhar Infosystems Limited. |
| Narender Kumar Dogra DIN 00100916 | Director | 31 Aug 2017 | 9 yrs 2 mo | Sandhar Infosystems Limited. |
| Mathews Vallyanteparampil Abraham DIN 07916355 | Director | 10 Jul 2018 | 8 yrs 3 mo | Sandhar Intelli-Glass Solutions Limited, Sandhar Infosystems Limited. |
| Archana Capoor DIN 01204170 | Director | 05 Nov 2018 | 7 yrs 11 mo | Sandhar Technologies Limited |
| Bharat Anand DIN 02806475 | Director | 12 Aug 2019 | 7 yrs 2 mo | Sandhar Technologies Limited |
| Haegon Pak DIN 08543395 | Director | 22 Aug 2019 | 7 yrs 2 mo | Winnercom Sandhar Technologies Private Limited |
| Vimal Mahendru DIN 00006016 | Director | 05 Nov 2019 | 6 yrs 11 mo | Sandhar Technologies Limited |
| Kyuyoun Lee DIN 08912397 | Director | 14 Sep 2020 | 6 yrs 1 mo | Sandhar Han Shin Auto Technologies Private Limited |
| Neel Jay Davar DIN 09201336 | Director | 06 Aug 2021 | 5 yrs 2 mo | Sandhar Technologies Limited |
| Ajay Kumar Raghav DIN 09380468 | Whole-time director | 25 Jan 2022 | 4 yrs 9 mo | Sandhar Ascast Private Limited |
| Sandeep Dinodia DIN 00005395 | Director | 02 Feb 2022 | 4 yrs 9 mo | Sandhar Technologies Limited |
| Manoj Kumar DIN 07916350 | Director | 27 Jan 2023 | 3 yrs 9 mo | Sandhar Intelli-Glass Solutions Limited |
| Doo Hwan Kim DIN 09811726 | Director | 30 Jan 2023 | 3 yrs 9 mo | Winnercom Sandhar Technologies Private Limited |
| Vikrampati Singhania DIN 00040659 | Director | 09 Aug 2023 | 3 yrs 2 mo | Sandhar Technologies Limited |
| Shirin Sachdeva DIN 10501199 | Director | 03 Jun 2024 | 2 yrs 5 mo | Sandhar Han Shin Auto Technologies Private Limited, Winnercom Sandhar Technologies Private Limited, Sandhar Ascast Private Limited |
| Aabha Bakaya DIN 05131734 | Director | 08 Aug 2024 | 2 yrs 2 mo | Sandhar Technologies Limited |
| Bonghyun Oh DIN 09287624 | Director | 04 Nov 2024 | 2 yrs | Sandhar Han Shin Auto Technologies Private Limited |
| Gurvinder Singh Jeet DIN 02129467 | Director | 11 Jun 2025 | 1 yr 4 mo | Sandhar Han Shin Auto Technologies Private Limited, Winnercom Sandhar Technologies Private Limited, Sandhar Ascast Private Limited, Sandhar Technologies Limited |
| Gazal Kalra DIN 07278754 | Director | 11 Aug 2026 | 2 mo | Sandhar Technologies Limited |
People of Sandhar
35 people are tracked at Sandhar (10 in leadership, 10 in board & advisors, 15 in team); the tracked headcount is 1,356.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership | |
Yashpal Jain | Chief Financial Officer & Company Secretary | Leadership |
Pawan Kumar Jain | Unit Head | Leadership |
Ajay Singh Negi | Deputy General Manager DGM AMMD Corp Office Gurugram | Leadership |
Yatendra Singh Chauhan | Chief Technology Officer | Leadership |
| Chief Of Staff | Leadership | |
Anshuman Sharma | Sr. General Manager | Leadership |
Venkataraman Srinivasan | Business Head | Leadership |
Prabodh Kumar | Vice President | Leadership |
Pravin Arora | Asst General Manager | Leadership |
Arvind Kapur | Non-Executive Independent Director | Board & advisors |
| Non-Executive Independent Director | Board & advisors | |
D. N. Davar | Chairman Non-Executive Director | Board & advisors |
Arjun Sharma | Non-Executive Independent Director | Board & advisors |
| Non-Executive Director | Board & advisors | |
| Non-Executive Independent Director | Board & advisors | |
| Non-Executive Independent Director | Board & advisors | |
| Non-Executive Non Independent Director | Board & advisors | |
| Non-Executive Independent Director | Board & advisors | |
| Non-Executive Non-Independent Director | Board & advisors |
15 more people are available in the full profile.
Complete people profiles for Sandhar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Sandhar
Sandhar is a publicly listed company on the NSE with ticker symbol SANDHAR in India, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date02 Apr 2018
- Listed onBSE: 541163 · NSE: SANDHAR
- Listed entitySandhar Technologies Ltd.
- Exchange sectorConsumer durables
- ISININE278H01035
- Share price₹543.50 (+2.1% on the day) · 2026-10-14
- Market capitalisation₹3,199 Cr
- Price to earnings15.7
- EPS (diluted, trailing year)₹34.54
- Dividend yield0.75%
- Volume (last session)33,257
Financials of Sandhar
Exchange-reported figures of Sandhar Technologies Limited, the listed company behind Sandhar (NSE: SANDHAR).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,852 | 3,884 | 3,521 | 2,909 | 2,324 | 1,864 | 1,943 |
| Revenue growth | +24.9% | +10.3% | +21.1% | +25.2% | +24.7% | -4.1% | - |
| EBITDA | 435 | 383 | 341 | 245 | 192 | 177 | 187 |
| EBITDA margin | +9.0% | +9.9% | +9.7% | +8.4% | +8.3% | +9.5% | +9.6% |
| Profit before tax | 256 | 185 | 150 | 100 | 81.44 | 78.02 | 78.05 |
| Net profit | 142 | 134 | 110 | 71.24 | 56.10 | 57.20 | 55.97 |
| Net profit margin | +2.9% | +3.5% | +3.1% | +2.5% | +2.4% | +3.1% | +2.9% |
| EPS (βΉ) | 33.00 | 23.53 | 18.24 | 12.12 | 9.26 | 9.60 | 9.45 |
| Balance sheet | |||||||
| Total assets | 2,550 | 2,137 | 1,809 | 1,620 | 1,484 | 1,121 | 1,054 |
| Net worth | 1,333 | 1,139 | 1,017 | 920 | 859 | 804 | 762 |
| Total debt | 1,148 | 924 | 741 | 666 | 620 | 310 | 283 |
| Cash & bank | 51.16 | 81.31 | 35.52 | 7.08 | 6.62 | 11.12 | 7.50 |
| Net working capital | 617 | 501 | 299 | 251 | 314 | 204 | 143 |
| Cash flow | |||||||
| Cash from operations | 210 | 247 | 275 | 308 | 48.62 | 124 | 239 |
| Cash from investing | (268) | (300) | (241) | (269) | (310) | (98.23) | (112) |
| Cash from financing | 27.99 | 101 | (7.13) | (36.89) | 260 | (26.23) | (124) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,382 | 1,307 | 1,185 | 1,270 | 1,090 | 1,014 | 974 | 984 |
| Revenue growth (YoY) | +26.8% | +28.9% | +21.7% | +29.1% | +19.5% | - | - | - |
| Other income | 13.48 | 17.73 | 5.32 | 38.67 | 21.32 | 10.31 | 4.52 | 7.18 |
| EBITDA | 105 | 129 | 105 | 118 | 82.39 | 104 | 94.96 | 98.82 |
| EBITDA margin | +7.6% | +9.9% | +8.9% | +9.3% | +7.6% | +10.2% | +9.8% | +10.0% |
| Depreciation | 49.86 | 50.04 | 49.42 | 43.69 | 50.20 | 43.92 | 43.72 | 42.21 |
| Interest | 17.67 | 17.67 | 16.52 | 17.39 | 17.20 | 14.64 | 13.91 | 13.75 |
| Profit before tax | 51.14 | 79.01 | 44.75 | 95.68 | 36.31 | 55.55 | 41.85 | 50.04 |
| Tax | 13.86 | 15.19 | 11.29 | 22.30 | 8.30 | 12.94 | 11.90 | 10.03 |
| Net profit | 37.28 | 63.82 | 33.46 | 73.38 | 28.01 | 42.61 | 29.95 | 40.01 |
| EPS (βΉ) | 6.19 | 10.60 | 5.56 | 12.19 | 4.65 | 7.08 | 4.97 | 6.65 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,044 | 2,913 | 2,716 | 2,397 | 1,941 | 1,585 | 1,640 |
| Revenue growth | +4.5% | +7.3% | +13.3% | +23.5% | +22.4% | -3.3% | - |
| EBITDA | 267 | 277 | 246 | 202 | 165 | 154 | 159 |
| EBITDA margin | +8.8% | +9.5% | +9.1% | +8.4% | +8.5% | +9.7% | +9.7% |
| Profit before tax | 231 | 186 | 154 | 114 | 86.32 | 85.47 | 80.93 |
| Net profit | 138 | 128 | 116 | 83.24 | 61.92 | 64.89 | 60.11 |
| Net profit margin | +4.5% | +4.4% | +4.3% | +3.5% | +3.2% | +4.1% | +3.7% |
| EPS (βΉ) | 29.76 | 23.20 | 18.65 | 13.92 | 10.21 | 10.84 | 10.12 |
| Balance sheet | |||||||
| Total assets | 1,503 | 1,446 | 1,238 | 1,074 | 1,123 | 868 | 811 |
| Net worth | 1,311 | 1,147 | 1,028 | 929 | 860 | 807 | 758 |
| Total debt | 180 | 282 | 210 | 146 | 263 | 61.61 | 53.68 |
| Cash & bank | 14.92 | 30.64 | 1.02 | 0.70 | 1.08 | 1.69 | 3.79 |
| Net working capital | 485 | 407 | 222 | 203 | 260 | 138 | 94.33 |
| Cash flow | |||||||
| Cash from operations | (74.70) | 158 | 139 | 247 | 17.86 | 96.82 | 193 |
| Cash from investing | 214 | (158) | (159) | (87.02) | (191) | (74.69) | (77.26) |
| Cash from financing | (155) | 29.99 | 20.26 | (160) | 173 | (24.25) | (113) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 666 | 774 | 737 | 805 | 728 | 759 | 740 | 741 |
| Revenue growth (YoY) | -8.5% | +2.1% | -0.4% | +8.7% | +8.0% | - | - | - |
| Other income | 12.30 | 15.62 | 5.62 | 46.08 | 8.91 | 9.53 | 2.62 | 8.99 |
| Total expenses | 614 | 706 | 670 | 731 | 671 | 684 | 664 | 670 |
| EBITDA | 51.46 | 68.55 | 67.03 | 74.47 | 56.96 | 74.58 | 75.83 | 70.21 |
| EBITDA margin | +7.7% | +8.9% | +9.1% | +9.3% | +7.8% | +9.8% | +10.3% | +9.5% |
| Depreciation | 17.06 | 22.01 | 23.04 | 20.27 | 25.37 | 25.10 | 24.65 | 23.97 |
| Interest | 4.81 | 4.85 | 5.00 | 5.58 | 5.94 | 5.82 | 5.21 | 4.73 |
| Profit before tax | 41.89 | 57.31 | 44.61 | 94.70 | 34.56 | 53.19 | 48.59 | 50.50 |
| Tax | 11.28 | 10.94 | 11.84 | 20.12 | 9.16 | 10.18 | 13.38 | 13.74 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,382 | 1,307 | 1,185 | 1,270 | 1,090 | 1,014 | 974 | 984 |
| Revenue growth (YoY) | +26.8% | +28.9% | +21.7% | +29.1% | +19.5% | - | - | - |
| Other income | 13.48 | 17.73 | 5.32 | 38.67 | 21.32 | 10.31 | 4.52 | 7.18 |
| EBITDA | 105 | 129 | 105 | 118 | 82.39 | 104 | 94.96 | 98.82 |
| EBITDA margin | +7.6% | +9.9% | +8.9% | +9.3% | +7.6% | +10.2% | +9.8% | +10.0% |
| Depreciation | 49.86 | 50.04 | 49.42 | 43.69 | 50.20 | 43.92 | 43.72 | 42.21 |
| Interest | 17.67 | 17.67 | 16.52 | 17.39 | 17.20 | 14.64 | 13.91 | 13.75 |
| Profit before tax | 51.14 | 79.01 | 44.75 | 95.68 | 36.31 | 55.55 | 41.85 | 50.04 |
| Tax | 13.86 | 15.19 | 11.29 | 22.30 | 8.30 | 12.94 | 11.90 | 10.03 |
| Net profit | 37.28 | 63.82 | 33.46 | 73.38 | 28.01 | 42.61 | 29.95 | 40.01 |
| EPS (βΉ) | 6.19 | 10.60 | 5.56 | 12.19 | 4.65 | 7.08 | 4.97 | 6.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,852 | 3,884 | 3,521 | 2,909 | 2,324 | 1,864 | 1,943 |
| Revenue growth | +24.9% | +10.3% | +21.1% | +25.2% | +24.7% | -4.1% | - |
| Other income | 83.04 | 28.55 | 14.74 | 12.49 | 6.98 | 10.78 | 10.05 |
| Total expenses | 4,417 | 3,501 | 3,180 | 2,664 | 2,132 | 1,686 | 1,757 |
| Employee cost | 614 | 529 | 482 | 385 | 318 | 278 | 291 |
| EBITDA | 435 | 383 | 341 | 245 | 192 | 177 | 187 |
| EBITDA margin | +9.0% | +9.9% | +9.7% | +8.4% | +8.3% | +9.5% | +9.6% |
| Depreciation | 193 | 171 | 154 | 122 | 100 | 93.95 | 98.41 |
| Interest | 68.77 | 56.61 | 51.52 | 35.78 | 17.71 | 16.02 | 20.46 |
| Profit before tax | 256 | 185 | 150 | 100 | 81.44 | 78.02 | 78.05 |
| Tax | 57.09 | 42.96 | 39.94 | 26.80 | 25.51 | 20.18 | 21.07 |
| Net profit | 142 | 134 | 110 | 71.24 | 56.10 | 57.20 | 55.97 |
| Net profit margin | +2.9% | +3.5% | +3.1% | +2.5% | +2.4% | +3.1% | +2.9% |
| EPS (βΉ) | 33.00 | 23.53 | 18.24 | 12.12 | 9.26 | 9.60 | 9.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 60.19 | 60.19 | 60.19 | 60.19 | 60.19 | 60.19 | 60.19 |
| Reserves & surplus | 1,273 | 1,079 | 956 | 860 | 799 | 744 | 702 |
| Shareholders' funds (net worth) | 1,333 | 1,139 | 1,017 | 920 | 859 | 804 | 762 |
| Minority interest | 0.00 | 0.00 | 0.00 | 4.46 | 3.87 | 3.69 | 3.63 |
| Secured loans | 849 | 711 | 507 | 416 | 433 | 156 | 199 |
| Unsecured loans | 298 | 213 | 234 | 251 | 187 | 154 | 83.84 |
| Total debt | 1,148 | 924 | 741 | 666 | 620 | 310 | 283 |
| Total liabilities | 2,550 | 2,137 | 1,809 | 1,620 | 1,484 | 1,121 | 1,054 |
| Assets | |||||||
| Gross block | 2,689 | 2,196 | 2,034 | 1,693 | 1,355 | 1,190 | 1,108 |
| Net block | 1,652 | 1,343 | 1,336 | 1,172 | 942 | 842 | 831 |
| Capital work in progress | 115 | 69.08 | 75.73 | 115 | 128 | 14.55 | 33.00 |
| Investments | 66.97 | 60.56 | 57.41 | 49.04 | 53.26 | 58.41 | 47.96 |
| Inventories | 561 | 410 | 338 | 301 | 260 | 212 | 196 |
| Sundry debtors | 823 | 557 | 458 | 355 | 445 | 357 | 192 |
| Cash & bank balances | 51.16 | 81.31 | 35.52 | 7.08 | 6.62 | 11.12 | 7.50 |
| Loans & advances | 108 | 105 | 78.71 | 112 | 81.23 | 82.32 | 42.95 |
| Total current assets | 1,543 | 1,154 | 909 | 776 | 794 | 663 | 439 |
| Total current liabilities | 926 | 653 | 610 | 524 | 480 | 459 | 295 |
| Net working capital | 617 | 501 | 299 | 251 | 314 | 204 | 143 |
| Total assets | 2,550 | 2,137 | 1,809 | 1,620 | 1,484 | 1,121 | 1,054 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 81.09 | 33.14 | 6.51 | 4.10 | 5.97 | 6.70 | 3.70 |
| Net cash from operating activities | 210 | 247 | 275 | 308 | 48.62 | 124 | 239 |
| Net cash from investing activities | (268) | (300) | (241) | (269) | (310) | (98.23) | (112) |
| Net cash from financing activities | 27.99 | 101 | (7.13) | (36.89) | 260 | (26.23) | (124) |
| Net change in cash | (30.01) | 47.95 | 26.63 | 2.41 | (1.87) | (0.73) | 3.00 |
| Closing cash | 51.16 | 81.31 | 35.52 | 7.08 | 6.62 | 11.12 | 7.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +24.9% | +10.3% | +21.1% | +25.2% | +24.7% | -4.1% | - |
| EBITDA growth | +13.5% | +12.5% | +38.9% | +27.6% | +8.5% | -5.2% | - |
| PBT growth | +38.6% | +22.9% | +49.7% | +23.2% | +4.4% | -0.0% | -46.3% |
| Net income growth | +6.1% | +22.0% | +54.4% | +27.0% | -1.9% | +2.2% | - |
| Revenue CAGR (3Y) | +18.6% | +18.7% | +23.6% | +14.4% | -0.2% | -1.4% | +6.4% |
| EBITDA CAGR (3Y) | +21.1% | +25.9% | +24.3% | +9.5% | -7.6% | -4.4% | +8.7% |
| Profitability & leverage | |||||||
| Net income margin | +4.1% | +3.7% | +3.1% | +2.5% | +2.4% | +3.1% | +2.9% |
| Return on capital employed | +11.9% | +12.2% | +11.8% | +8.8% | +7.6% | +8.7% | +9.6% |
| Return on net worth | +11.5% | +13.1% | +11.4% | +8.3% | +6.7% | +7.4% | +7.7% |
| Debt / equity | 0.84 | 0.77 | 0.73 | 0.72 | 0.56 | 0.38 | 0.37 |
| Long-term debt / equity | 0.32 | 0.34 | 0.41 | 0.41 | 0.31 | 0.16 | 0.06 |
| Interest cover | 28.48 | 26.62 | 27.55 | 28.94 | 19.21 | 19.24 | 23.13 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.99 | 1.84 | 1.89 | 1.91 | 1.83 | 1.62 | 1.90 |
| Inventory turnover | 9.99 | 10.39 | 11.02 | 10.36 | 9.83 | 9.12 | 9.33 |
| Debtors turnover | 7.03 | 7.66 | 8.66 | 7.27 | 5.79 | 6.78 | 7.35 |
| EPS (βΉ) | 33.00 | 23.53 | 18.24 | 12.12 | 9.26 | 9.60 | 9.45 |
| Dividend per share (βΉ) | 4.00 | 3.50 | 3.25 | 2.50 | 2.25 | 2.25 | 2.00 |
| Book value per share (βΉ) | 221.48 | 189.28 | 168.90 | 152.92 | 142.70 | 133.64 | 126.67 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 666 | 774 | 737 | 805 | 728 | 759 | 740 | 741 |
| Revenue growth (YoY) | -8.5% | +2.1% | -0.4% | +8.7% | +8.0% | - | - | - |
| Other income | 12.30 | 15.62 | 5.62 | 46.08 | 8.91 | 9.53 | 2.62 | 8.99 |
| Total expenses | 614 | 706 | 670 | 731 | 671 | 684 | 664 | 670 |
| EBITDA | 51.46 | 68.55 | 67.03 | 74.47 | 56.96 | 74.58 | 75.83 | 70.21 |
| EBITDA margin | +7.7% | +8.9% | +9.1% | +9.3% | +7.8% | +9.8% | +10.3% | +9.5% |
| Depreciation | 17.06 | 22.01 | 23.04 | 20.27 | 25.37 | 25.10 | 24.65 | 23.97 |
| Interest | 4.81 | 4.85 | 5.00 | 5.58 | 5.94 | 5.82 | 5.21 | 4.73 |
| Profit before tax | 41.89 | 57.31 | 44.61 | 94.70 | 34.56 | 53.19 | 48.59 | 50.50 |
| Tax | 11.28 | 10.94 | 11.84 | 20.12 | 9.16 | 10.18 | 13.38 | 13.74 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,044 | 2,913 | 2,716 | 2,397 | 1,941 | 1,585 | 1,640 |
| Revenue growth | +4.5% | +7.3% | +13.3% | +23.5% | +22.4% | -3.3% | - |
| Other income | 76.22 | 26.29 | 11.67 | 12.36 | 5.15 | 9.39 | 10.12 |
| Total expenses | 2,777 | 2,636 | 2,469 | 2,196 | 1,776 | 1,432 | 1,481 |
| Employee cost | 336 | 338 | 316 | 276 | 234 | 209 | 223 |
| EBITDA | 267 | 277 | 246 | 202 | 165 | 154 | 159 |
| EBITDA margin | +8.8% | +9.5% | +9.1% | +8.4% | +8.5% | +9.7% | +9.7% |
| Depreciation | 90.69 | 96.86 | 89.77 | 84.44 | 74.26 | 68.57 | 75.60 |
| Interest | 21.37 | 20.49 | 13.79 | 15.51 | 9.43 | 9.09 | 12.63 |
| Profit before tax | 231 | 186 | 154 | 114 | 86.32 | 85.47 | 80.93 |
| Tax | 52.05 | 46.52 | 42.06 | 30.17 | 24.89 | 20.25 | 20.00 |
| Net profit | 138 | 128 | 116 | 83.24 | 61.92 | 64.89 | 60.11 |
| Net profit margin | +4.5% | +4.4% | +4.3% | +3.5% | +3.2% | +4.1% | +3.7% |
| EPS (βΉ) | 29.76 | 23.20 | 18.65 | 13.92 | 10.21 | 10.84 | 10.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 60.19 | 60.19 | 60.19 | 60.19 | 60.19 | 60.19 | 60.19 |
| Reserves & surplus | 1,251 | 1,086 | 967 | 869 | 800 | 747 | 697 |
| Shareholders' funds (net worth) | 1,311 | 1,147 | 1,028 | 929 | 860 | 807 | 758 |
| Secured loans | 143 | 240 | 170 | 110 | 188 | 43.30 | 39.26 |
| Unsecured loans | 36.96 | 42.49 | 40.13 | 35.29 | 75.27 | 18.31 | 14.42 |
| Total debt | 180 | 282 | 210 | 146 | 263 | 61.61 | 53.68 |
| Total liabilities | 1,503 | 1,446 | 1,238 | 1,074 | 1,123 | 868 | 811 |
| Assets | |||||||
| Gross block | 918 | 1,252 | 1,153 | 1,067 | 997 | 891 | 830 |
| Net block | 584 | 693 | 674 | 652 | 654 | 602 | 601 |
| Capital work in progress | 24.58 | 43.08 | 55.27 | 14.40 | 35.97 | 7.36 | 22.10 |
| Investments | 370 | 279 | 231 | 196 | 164 | 114 | 91.24 |
| Inventories | 179 | 218 | 179 | 165 | 157 | 134 | 121 |
| Sundry debtors | 527 | 468 | 402 | 293 | 407 | 348 | 161 |
| Cash & bank balances | 14.92 | 30.64 | 1.02 | 0.70 | 1.08 | 1.69 | 3.79 |
| Loans & advances | 173 | 103 | 42.71 | 43.19 | 26.07 | 22.38 | 28.39 |
| Total current assets | 895 | 819 | 625 | 502 | 590 | 507 | 314 |
| Total current liabilities | 409 | 412 | 403 | 299 | 330 | 369 | 220 |
| Net working capital | 485 | 407 | 222 | 203 | 260 | 138 | 94.33 |
| Total assets | 1,503 | 1,446 | 1,238 | 1,074 | 1,123 | 868 | 811 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 30.62 | 0.30 | 0.13 | 0.24 | 0.87 | 3.00 | 0.58 |
| Net cash from operating activities | (74.70) | 158 | 139 | 247 | 17.86 | 96.82 | 193 |
| Net cash from investing activities | 214 | (158) | (159) | (87.02) | (191) | (74.69) | (77.26) |
| Net cash from financing activities | (155) | 29.99 | 20.26 | (160) | 173 | (24.25) | (113) |
| Net change in cash | (15.72) | 30.31 | 0.17 | (0.11) | (0.63) | (2.12) | 2.42 |
| Closing cash | 14.92 | 30.64 | 1.02 | 0.70 | 1.08 | 1.69 | 3.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.5% | +7.3% | +13.3% | +23.5% | +22.4% | -3.3% | - |
| EBITDA growth | -3.7% | +12.6% | +22.2% | +22.3% | +7.2% | -3.3% | - |
| PBT growth | +24.2% | +20.6% | +35.4% | +32.0% | +1.0% | +5.6% | -43.0% |
| Net income growth | +7.7% | +10.7% | +38.8% | +34.4% | -4.6% | +8.0% | - |
| Revenue CAGR (3Y) | +8.3% | +14.5% | +19.7% | +13.5% | -1.6% | -2.0% | +6.2% |
| EBITDA CAGR (3Y) | +9.8% | +18.9% | +17.0% | +8.2% | -9.2% | -6.2% | +8.6% |
| Profitability & leverage | |||||||
| Net income margin | +5.9% | +4.8% | +4.1% | +3.5% | +3.2% | +4.1% | +3.7% |
| Return on capital employed | +14.9% | +15.4% | +14.5% | +11.8% | +9.6% | +11.3% | +11.5% |
| Return on net worth | +11.2% | +12.8% | +11.5% | +9.4% | +7.4% | +8.3% | +8.3% |
| Debt / equity | 0.19 | 0.23 | 0.18 | 0.23 | 0.19 | 0.07 | 0.11 |
| Long-term debt / equity | 0.05 | 0.09 | 0.11 | 0.11 | 0.07 | 0.01 | 0.01 |
| Interest cover | 12.12 | 11.36 | 8.81 | 13.25 | 10.41 | 10.67 | 15.14 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.81 | 2.42 | 2.45 | 2.32 | 2.06 | 1.84 | 2.07 |
| Inventory turnover | 15.32 | 14.69 | 15.80 | 14.90 | 13.35 | 12.41 | 12.81 |
| Debtors turnover | 6.12 | 6.69 | 7.81 | 6.85 | 5.14 | 6.23 | 7.11 |
| EPS (βΉ) | 29.76 | 23.20 | 18.65 | 13.92 | 10.21 | 10.84 | 10.12 |
| Dividend per share (βΉ) | 4.00 | 3.50 | 3.25 | 2.50 | 2.25 | 2.25 | 2.00 |
| Book value per share (βΉ) | 217.89 | 190.49 | 170.73 | 154.32 | 142.87 | 134.03 | 125.86 |
Investments & Acquisitions by Sandhar
Sandhar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mag-India.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Website content and design services are provided by Mag-India. | mag-india.com | 0 | Aug 2012 | β’β’β’β’ |
Complete acquisition details for Sandhar
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Timeline of Sandhar
5 dated milestones of Sandhar across 33 years, from founding to its latest funding, stage changes and deals.
- Founded Sandhar is founded.
- Acquisition Acquires Mag-India.
- Funding First funding round of $9.0M.
- Funding Latest funding round, Private Equity Round, of $23.0M.
- IPO Lists on the stock exchange (IPO).
Competitors of Sandhar
Sandhar has 2 listed competitors in our database, 1 of them funded. They include UNO Minda and Rane Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| ranegroup.com | 1929 | Chennai, India | 172 | Major auto components are manufactured and supplied to OEMs. |
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Web traffic of Sandhar
The website of Sandhar (sandhargroup.com) receives about 10.3K visits a month.
- Monthly visits10.3K
▼ 38.8% vs previous month
Websites whose visitors overlap most with Sandhar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| autopal.com | 100% | 1.3K | #10,527,011 | View details |
Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as Sandhar (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Frequently Asked Questions about Sandhar
Sandhar was founded in 1985 and raised its 1st funding round 27 years after it was founded.
Sandhar is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Sandhar is a funded company, having raised a total of $32M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $9M, raised on Aug 2012.
Sandhar has 1,356 employees.
The primary company behind Sandhar, Sandhar Technologies Limited, reported revenue of βΉ4,935 Cr for FY 2026, up 25% year on year.
Sandhar was established in 1985 and is headquartered in Gurugram, India. Operations focus on the automotive sector, where various components such as locks, mirrors, door handles, die castings, relays, instrument clusters, gauges, fuel senders, carbon canisters, and wheel rims are produced. Manufacturing processes support the assembly and supply needs of vehicle producers in the region.
Sandhar's top competitors include UNO Minda and Rane Group.
Sandhar offers Automotive Locking Systems, Automotive Vision Systems, Stampings, and Aluminium Die Casting.
Yes, Sandhar is publicly traded on NSE under the ticker symbol SANDHAR.
Sandhar has made 1 acquisition, including Mag-India.
Sandhar has 2 investors. Key investors include GTI Capital Group, and Actis.
Sandhar is associated with 6 legal entities: Sandhar Technologies Limited, Sandhar Han Shin Auto Technologies Private Limited, Sandhar Intelli-Glass Solutions Limited and others.
