
About SAR Auto Products
SAR Auto Products is a publicly listed company based in Rajkot (India) founded in 1987. Transmission components including gears and gearboxes are manufactured for automobiles. The company has 6 employees. Its Indian entity Sar Auto Products Limiteed reported revenue of ₹15.47 Cr. Its focus areas include Auto, Auto Components, Powertrain System and Transmission System. Its competitors include Happy Forgings, Kinetic Engineering and Divgi TorqTransfer Systems; 2 of its 3 listed competitors have raised funding.
Company details
SAR Auto Products was founded in 1987 in Rajkot, India, and operates in the automotive sector. Gears, gearboxes, and other transmission components are produced to meet DIN 7 to DIN 9 accuracy standards. The company supplies these parts to clients such as Tata Motors, Dana India, and Ahmednagar Forgings Ltd, focusing on quality-assured manufacturing processes for the automobile industry.
- Headquarters Rajkot, India
- Employees 6
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website sarautoproductsltd.com
- Social LinkedIn
- Legal Name Sar Auto Products Ltd
- Market Cap₹1,803 Cr
SAPL · BSE
- Share Price₹3,595.75
-5.00% today
- Revenue₹14.35 Cr
FY 2025-26 · +2.7% YoY
- EBITDA₹1.93 Cr
Margin 13.4%
- Net Profit₹0.67 Cr
FY 2025-26 · +59.5% YoY
- ROE3.8%
ROCE 2.1%
- Debt / Equity1.25
Interest cover -40.7x
- Employee Count6
Associated legal entities of SAR Auto Products
SAR Auto Products operates through Sar Auto Products Limiteed, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sar Auto Products Limiteed Listed CIN L34100GJ1987PLC010088 | Active | 27 Oct 1987 | Rajkot, Gujarat | ₹15.5 Cr | 6 | 8 | View details |
Board of directors of Sar Auto Products Limiteed (SAR Auto Products)
Sar Auto Products Limiteed is the primary company behind SAR Auto Products. The board of Sar Auto Products Limiteed currently have 6 directors; the longest-serving is Rameshkumar Durlabhjibhai Virani, appointed in 2005. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rameshkumar Durlabhjibhai Virani DIN 00313236 | Managing Director | 14 Jan 2005 | 21 yrs 9 mo | Sar Auto Products Limiteed |
| Shreyas Rameshbhai Virani DIN 00465240 | Whole-time director | 14 Apr 2007 | 19 yrs 6 mo | Sar Auto Products Limiteed |
| Vijay Narendrabhai Kalariya DIN 10454403 | Director | 09 Jan 2024 | 2 yrs 9 mo | Sar Auto Products Limiteed |
| Charmiben Manishbhai Vasani DIN 10721628 | Director | 09 Aug 2024 | 2 yrs 2 mo | Sar Auto Products Limiteed |
| Biju Mathew DIN 10730618 | Director | 09 Aug 2024 | 2 yrs 2 mo | Sar Auto Products Limiteed |
| Gulabbhai Kapurchandrabhai Patil DIN 10996858 | Director | 25 Mar 2025 | 1 yr 7 mo | Sar Auto Products Limiteed |
IPO & Listings of SAR Auto Products
SAR Auto Products is a publicly listed company on the BSE with ticker symbol SAPL in India, operating in the Producer manufacturing 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 date04 Mar 2015
- Listed onBSE: 538992
- Listed entitySAR Auto Products Ltd
- Exchange sectorProducer manufacturing
- ISININE002E01010
- Share price₹5,406.45 (-5% on the day) · 2026-10-14
- Market capitalisation₹2,712 Cr
- Price to earnings2,794.9
- EPS (diluted, trailing year)₹1.93
- Volume (last session)49
Financials of SAR Auto Products
Exchange-reported figures of Sar Auto Products Limiteed, the listed company behind SAR Auto Products (BSE: SAPL).
Financial Highlights
FY 2025-26 · StandaloneRevenue 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 | 14.35 | 13.97 | 20.04 | 11.61 | 10.69 | 6.30 | 6.80 |
| Revenue growth | +2.7% | -30.3% | +72.6% | +8.6% | +69.7% | -7.4% | - |
| EBITDA | 1.93 | 1.86 | 1.94 | 1.95 | 1.99 | 1.40 | 1.27 |
| EBITDA margin | +13.5% | +13.3% | +9.7% | +16.8% | +18.6% | +22.2% | +18.7% |
| Profit before tax | 0.74 | 0.73 | 1.53 | 0.90 | 1.15 | 0.61 | 0.24 |
| Net profit | 0.67 | 0.42 | 1.10 | 0.61 | 0.89 | 0.42 | 0.28 |
| Net profit margin | +4.7% | +3.0% | +5.5% | +5.3% | +8.3% | +6.7% | +4.1% |
| EPS (₹) | 1.40 | 0.88 | 2.45 | 1.30 | 2.37 | 0.95 | 0.62 |
| Balance sheet | |||||||
| Total assets | 43.92 | 35.58 | 32.83 | 22.72 | 20.42 | 15.86 | 14.41 |
| Net worth | 17.98 | 17.30 | 16.88 | 15.74 | 15.11 | 14.00 | 13.47 |
| Total debt | 25.89 | 18.22 | 15.91 | 6.96 | 5.29 | 1.81 | 0.88 |
| Cash & bank | 17.79 | 15.95 | 15.22 | 7.72 | 8.82 | 6.59 | 5.37 |
| Net working capital | 27.05 | 19.94 | 19.98 | 11.20 | 14.01 | 9.81 | 8.38 |
| Cash flow | |||||||
| Cash from operations | (3.49) | 0.35 | 3.12 | 0.65 | 0.11 | 1.13 | 0.68 |
| Cash from investing | (3.97) | (7.46) | (9.80) | (3.69) | (2.57) | (0.92) | (0.81) |
| Cash from financing | 8.67 | 3.22 | 9.55 | 1.85 | 3.64 | 1.13 | 0.27 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.33 | 6.08 | 3.58 | 2.41 | 2.27 | 2.30 | 3.52 | 4.35 |
| Revenue growth (YoY) | +134.8% | +164.4% | +1.7% | -44.6% | -40.3% | - | - | - |
| Other income | 0.32 | 0.31 | 0.28 | 0.28 | 0.25 | 0.30 | 0.30 | 0.27 |
| Total expenses | 4.66 | 5.38 | 3.16 | 1.99 | 1.89 | 2.03 | 3.11 | 3.75 |
| EBITDA | 0.67 | 0.70 | 0.42 | 0.42 | 0.38 | 0.27 | 0.41 | 0.60 |
| EBITDA margin | +12.6% | +11.5% | +11.7% | +17.4% | +16.7% | +11.7% | +11.6% | +13.8% |
| Depreciation | 0.59 | 0.70 | 0.48 | 0.53 | 0.49 | 0.56 | 0.54 | 0.52 |
| Interest | 0.03 | 0.03 | 0.02 | 0.03 | 0.02 | 0.05 | 0.02 | 0.03 |
| Profit before tax | 0.37 | 0.28 | 0.20 | 0.14 | 0.12 | (0.04) | 0.15 | 0.32 |
| Tax | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.31 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.33 | 6.08 | 3.58 | 2.41 | 2.27 | 2.30 | 3.52 | 4.35 |
| Revenue growth (YoY) | +134.8% | +164.4% | +1.7% | -44.6% | -40.3% | - | - | - |
| Other income | 0.32 | 0.31 | 0.28 | 0.28 | 0.25 | 0.30 | 0.30 | 0.27 |
| Total expenses | 4.66 | 5.38 | 3.16 | 1.99 | 1.89 | 2.03 | 3.11 | 3.75 |
| EBITDA | 0.67 | 0.70 | 0.42 | 0.42 | 0.38 | 0.27 | 0.41 | 0.60 |
| EBITDA margin | +12.6% | +11.5% | +11.7% | +17.4% | +16.7% | +11.7% | +11.6% | +13.8% |
| Depreciation | 0.59 | 0.70 | 0.48 | 0.53 | 0.49 | 0.56 | 0.54 | 0.52 |
| Interest | 0.03 | 0.03 | 0.02 | 0.03 | 0.02 | 0.05 | 0.02 | 0.03 |
| Profit before tax | 0.37 | 0.28 | 0.20 | 0.14 | 0.12 | (0.04) | 0.15 | 0.32 |
| Tax | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.31 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 14.35 | 13.97 | 20.04 | 11.61 | 10.69 | 6.30 | 6.80 |
| Revenue growth | +2.7% | -30.3% | +72.6% | +8.6% | +69.7% | -7.4% | - |
| Other income | 1.12 | 1.08 | 0.84 | 0.33 | 0.50 | 0.34 | 0.31 |
| Total expenses | 12.42 | 12.11 | 18.10 | 9.66 | 8.70 | 4.90 | 5.53 |
| Employee cost | 0.76 | 0.69 | 0.43 | 0.40 | 0.40 | 0.30 | 0.32 |
| EBITDA | 1.93 | 1.86 | 1.94 | 1.95 | 1.99 | 1.40 | 1.27 |
| EBITDA margin | +13.5% | +13.3% | +9.7% | +16.8% | +18.6% | +22.2% | +18.7% |
| Depreciation | 2.20 | 2.08 | 1.15 | 1.25 | 1.26 | 1.07 | 1.27 |
| Interest | 0.11 | 0.13 | 0.10 | 0.13 | 0.08 | 0.06 | 0.07 |
| Profit before tax | 0.74 | 0.73 | 1.53 | 0.90 | 1.15 | 0.61 | 0.24 |
| Tax | 0.07 | 0.31 | 0.35 | 0.28 | 0.02 | 0.16 | (0.04) |
| Net profit | 0.67 | 0.42 | 1.10 | 0.61 | 0.89 | 0.42 | 0.28 |
| Net profit margin | +4.7% | +3.0% | +5.5% | +5.3% | +8.3% | +6.7% | +4.1% |
| EPS (₹) | 1.40 | 0.88 | 2.45 | 1.30 | 2.37 | 0.95 | 0.62 |
| 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 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 |
| Reserves & surplus | 13.22 | 12.54 | 12.12 | 10.98 | 10.35 | 9.24 | 8.71 |
| Shareholders' funds (net worth) | 17.98 | 17.30 | 16.88 | 15.74 | 15.11 | 14.00 | 13.47 |
| Secured loans | 0.61 | 1.52 | 2.19 | 1.10 | 0.14 | 0.14 | 0.14 |
| Unsecured loans | 25.28 | 16.70 | 13.72 | 5.86 | 5.15 | 1.67 | 0.74 |
| Total debt | 25.89 | 18.22 | 15.91 | 6.96 | 5.29 | 1.81 | 0.88 |
| Total liabilities | 43.92 | 35.58 | 32.83 | 22.72 | 20.42 | 15.86 | 14.41 |
| Assets | |||||||
| Gross block | 27.70 | 24.14 | 21.21 | 16.27 | 12.72 | 10.98 | 10.12 |
| Net block | 14.45 | 13.10 | 12.25 | 8.21 | 5.85 | 4.93 | 5.14 |
| Capital work in progress | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.26 | 0.02 |
| Inventories | 3.62 | 1.68 | 2.03 | 0.80 | 0.41 | 0.38 | 0.43 |
| Sundry debtors | 2.27 | 1.43 | 1.51 | 3.33 | 4.46 | 2.86 | 2.67 |
| Cash & bank balances | 17.79 | 15.95 | 15.22 | 7.72 | 8.82 | 6.59 | 5.37 |
| Loans & advances | 4.32 | 1.88 | 3.06 | 1.14 | 1.44 | 1.21 | 0.76 |
| Total current assets | 28.00 | 20.94 | 21.82 | 12.99 | 15.13 | 11.04 | 9.23 |
| Total current liabilities | 0.95 | 1.00 | 1.84 | 1.79 | 1.12 | 1.23 | 0.85 |
| Net working capital | 27.05 | 19.94 | 19.98 | 11.20 | 14.01 | 9.81 | 8.38 |
| Total assets | 43.92 | 35.58 | 32.83 | 22.72 | 20.42 | 15.86 | 14.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.70 | 8.59 | 5.72 | 6.90 | 5.73 | 4.39 | 4.25 |
| Net cash from operating activities | (3.49) | 0.35 | 3.12 | 0.65 | 0.11 | 1.13 | 0.68 |
| Net cash from investing activities | (3.97) | (7.46) | (9.80) | (3.69) | (2.57) | (0.92) | (0.81) |
| Net cash from financing activities | 8.67 | 3.22 | 9.55 | 1.85 | 3.64 | 1.13 | 0.27 |
| Net change in cash | 1.21 | (3.89) | 2.87 | (1.18) | 1.17 | 1.33 | 0.15 |
| Closing cash | 17.79 | 15.95 | 15.22 | 7.72 | 8.82 | 6.59 | 5.37 |
| 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 | +2.7% | -30.3% | +72.6% | +8.6% | +69.7% | -7.4% | - |
| EBITDA growth | +3.8% | -4.1% | -0.5% | -2.0% | +42.1% | +10.2% | - |
| PBT growth | +1.4% | -52.3% | +70.0% | -21.7% | +88.5% | +154.2% | -11.1% |
| Net income growth | +59.5% | -61.8% | +80.3% | -31.5% | +111.9% | +50.0% | - |
| Revenue CAGR (3Y) | +7.3% | +9.3% | +47.1% | +19.5% | +2.8% | -2.7% | +10.3% |
| EBITDA CAGR (3Y) | -0.3% | -2.2% | +11.5% | +15.4% | +10.4% | +6.2% | +2.5% |
| Profitability & leverage | |||||||
| Net income margin | +4.7% | +3.0% | +5.9% | +5.3% | +10.6% | +7.1% | +4.1% |
| Return on capital employed | +2.1% | +2.5% | +5.8% | +4.8% | +5.4% | +4.4% | +2.3% |
| Return on net worth | +3.8% | +2.5% | +7.2% | +4.0% | +6.1% | +3.3% | +2.2% |
| Debt / equity | 1.25 | 1.00 | 0.70 | 0.40 | 0.24 | 0.10 | 0.06 |
| Long-term debt / equity | 0.04 | 0.04 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest cover | -40.74 | -59.09 | 12.66 | 18.57 | 10.96 | 18.18 | - |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.55 | 0.62 | 1.07 | 0.80 | 0.90 | 0.60 | 0.68 |
| Inventory turnover | 5.42 | 7.53 | 14.16 | 19.19 | 27.06 | 15.56 | 12.14 |
| Debtors turnover | 7.76 | 9.50 | 8.28 | 2.98 | 2.92 | 2.28 | 2.60 |
| EPS (₹) | 1.40 | 0.88 | 2.45 | 1.30 | 2.37 | 0.95 | 0.62 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 37.74 | 36.33 | 35.44 | 33.04 | 31.73 | 29.40 | 28.28 |
Competitors of SAR Auto Products
SAR Auto Products has 3 listed competitors in our database, 2 of them funded. They include Happy Forgings, Kinetic Engineering and Divgi TorqTransfer Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happyforgingsltd.com | 1973 | Ludhiana, India | $27.12M | 19 | Drive transmission components are manufactured and supplied. | |
| kineticindia.com | 1972 | Pune, India | 591 | Gears, shafts, transmission assemblies, and auto components are manufactured. | ||
| divgi-tts.com | 1995 | Pune, India | $19.43M | 444 | Automotive transmission systems are manufactured and supplied to OEMs. |
Detailed competitors of SAR Auto Products
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Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as SAR Auto Products (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 SAR Auto Products
SAR Auto Products was founded in 1987.
SAR Auto Products is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
SAR Auto Products has 6 employees.
The primary company behind SAR Auto Products, Sar Auto Products Limiteed, reported revenue of ₹15.47 Cr for FY 2026, up 3% year on year.
SAR Auto Products was founded in 1987 in Rajkot, India, and operates in the automotive sector. Gears, gearboxes, and other transmission components are produced to meet DIN 7 to DIN 9 accuracy standards. The company supplies these parts to clients such as Tata Motors, Dana India, and Ahmednagar Forgings Ltd, focusing on quality-assured manufacturing processes for the automobile industry.
SAR Auto Products's top competitors include Happy Forgings, Kinetic Engineering and Divgi TorqTransfer Systems.
Yes, SAR Auto Products is publicly traded on BSE under the ticker symbol SAPL.
SAR Auto Products operates through Sar Auto Products Limiteed.
The legal entities of SAR Auto Products currently have 7 directors, including Shreyas Rameshbhai Virani, Rameshkumar Durlabhjibhai Virani, Zalak Kamlesh Upadhyay and others.
