India's Richest People 2026 edition · 1 director · Source: Hurun India
- #912 Jayant Davar & Family ₹3,200 Cr
Market Cap
₹2,866 Cr
SANDHAR · NSE
Share Price
₹456.25
-4.18% 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)
13.9x
P/B 2.2x
ROE
11.5%
ROCE 11.9%
Debt / Equity
0.84
Interest cover 28.5x
About Sandhar Technologies Limited
Data last updated:
Sandhar Technologies Limited is a public limited company based in New Delhi, Delhi, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 19 October 1987 and has been in existence for over 39 years.
Its director Jayant Davar and Family is #912 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74999DL1987PLC029553. Its GSTIN is 02AAACS0512J2ZZ (Himachal Pradesh). The company holds 14 GST registrations, of which 9 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 541163 and NSE: SANDHAR.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹60.19 Cr. It was formerly known as Sandhar Locking Devices Limited. It is led by directors including Jayant Davar (Whole-Time Director) and Gurvinder Jeet Singh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at B – 6/20 L.S.C. Safdarjung Enclave, New Delhi, Delhi, India – 110029.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,852.09 Cr, a growth of 24.9% compared to the previous year. For the same year it recorded a net profit of ₹142.38 Cr (net margin 2.9%) and EBITDA of ₹434.84 Cr (EBITDA margin 9%). The net worth stands at ₹1,333.13 Cr (up 17% YoY). Total assets are valued at ₹2,550.37 Cr (up 19.3% YoY).
The company has about 1,287 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries and 8 joint ventures.
The company is associated with 1 brand: Sandhar. As per MCA filings, the company has open charges of ₹977.2 Cr and satisfied charges of ₹947.38 Cr on record. Court records list 60 cases involving the company, including 33 filed by the company and 27 filed against it; 8 cases are pending. The company has 13 deals on record (6 secondary share transfers, 5 market trades, 1 rights issue); the latest was in May 2026. Its 3 peer companies in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 1 smaller; the largest is Astemo Fie Private Limited with revenue of ₹3,998.73 Cr. The company has 20 MSME Form 1 returns on record between 2019 and 2024, listing 3,839 overdue payments to 507 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sandhargroup.com.
Company details
CIN L74999DL1987PLC029553
Registration Number 029553
Incorporation Date 19 October 1987
ROC Delhi
Listing Status Listed - Listed on NSE (SANDHAR); Listed on BSE (541163)
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
Sandhar Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999DL1987PLC029553, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999DL1987PLC029553 | Current |
| U34360DL1987PLC029553 | Previous |
| U74999DL1987PLC029553 | Previous |
Key People
Jayant Davar Whole-Time Director Gurvinder Jeet Singh Whole-Time Director Neel Jay Davar Director Recognitions & Rankings of Sandhar Technologies
Contact details
Sandhar Technologies Limited's registered office is in New Delhi, Delhi. Its website is sandhargroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 6/20 L.S.C. Safdarjung Enclave, New Delhi, Delhi, India – 110029
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Sandhar Technologies Limited, buy the company report.
Comprehensive company report
Sandhar Technologies Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Sandhar Technologies operates one associated brand: Sandhar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automotive components including locks, mirrors, and handles are manufactured. | sandhargroup.com |
Business activity
The main business activity of Sandhar Technologies is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Sandhar Technologies Limited, buy the company report.
Financials of Sandhar Technologies Limited
FY 2025-26 filings availableSandhar Technologies Limited reported revenue of ₹4,852.09 Cr (up 24.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹4,852 Cr
+24.9% YoY
EBITDA
₹435 Cr
+13.5% YoY
Profit After Tax
₹142 Cr
+6.1% YoY
Net Worth
₹1,333 Cr
+17.0% YoY
Total Assets
₹2,550 Cr
+19.3% YoY
Total Debt
₹1,148 Cr
+24.2% YoY
Revenue 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 (₹) | 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 (₹) | 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 (₹) | 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
Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
| 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 (₹) | 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 (₹) | 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 (₹) | 33.00 | 23.53 | 18.24 | 12.12 | 9.26 | 9.60 | 9.45 |
| Dividend per share (₹) | 4.00 | 3.50 | 3.25 | 2.50 | 2.25 | 2.25 | 2.00 |
| Book value per share (₹) | 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 (₹) | 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 (₹) | 29.76 | 23.20 | 18.65 | 13.92 | 10.21 | 10.84 | 10.12 |
| Dividend per share (₹) | 4.00 | 3.50 | 3.25 | 2.50 | 2.25 | 2.25 | 2.00 |
| Book value per share (₹) | 217.89 | 190.49 | 170.73 | 154.32 | 142.87 | 134.03 | 125.86 |
To see the full year-wise statements and ratios of Sandhar Technologies Limited, buy the company report.
Board of directors of Sandhar Technologies Limited
Sandhar Technologies has 11 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayant Davar | Whole-Time Director | 24 Oct 1987 | 39 Years 0 Months | Current |
| Neel Jay Davar Also directs: Alloddsin Private Limited | Director | 06 Aug 2021 | 5 Years 2 Months | Current |
| Monica Davar Also directs: Sandhar Infosystems LLP, Sandhar Estates Private Limited | Director | 24 Oct 1987 | 39 Years 0 Months | Current |
| Bharat Anand | Director | 12 Aug 2019 | 7 Years 2 Months | Current |
| Archana Capoor Also directs: RSWM Limited, Bhilwara Technical Textiles Limited, S Chand and Company Limited and 5 more | Director | 05 Nov 2018 | 7 Years 11 Months | Current |
| Vimal Mahendru Also directs: Valuon Holdings LLP, Valuon Strategic (OPC) Private Limited | Director | 05 Nov 2019 | 6 Years 11 Months | Current |
Showing 6 of 11 current directors. View all directors
Peer comparison
Sandhar Technologies Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sandhar Technologies Limitedthis company | ₹4,852.09 Cr (FY 2026) | ₹142.38 Cr | 2.9% | 24.9% | 1,287 | New Delhi, Delhi, India |
| Astemo Fie Private Limited | ₹3,998.73 Cr (FY 2025) | 11.0% | Pune, Maharashtra, India | |||
| Goodluck India Limited | ₹3,971.21 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Imperial Auto Industries Limited | ₹3,876.72 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sandhar Technologies Limited, buy the company report.
Auditor
Sandhar Technologies Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W / W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 70.40%, foreign institutional investors hold 2.10%, domestic institutional investors hold 14.80% and retail and other public shareholders hold 12.70%.
Sep 2026
QUARTER
70.40% Promoters
14.80% DII (Domestic Institutional)
2.10% FII (Foreign Institutional)
12.70% Retail & Others
Promoter holding - history
Now 70.40% · Sep 2026High 70.40% · Dec 2025Low 70.40% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 70.40% | 70.40% | 70.40% | 70.40% |
| Public | 29.60% | 29.60% | 29.60% | 29.60% |
Charges & borrowings
Open charges
₹977.2 Cr
Satisfied charges
₹947.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jan 2026 | 101228935 | Others | ₹100 Cr | Open | |
| 04 Apr 2025 | 101083752 | Others | ₹50 Cr | Open | |
| 11 Nov 2024 | 101009776 | Others | ₹80 Cr | Open | |
| 08 Mar 2024 | 100891495 | Citi Bank N.A. | ₹72.5 Cr | Open | |
| 21 Jun 2022 | 100592303 | Others | ₹50 Cr | Open |
To see the full charge records of Sandhar Technologies Limited, buy the company report.
Total charge records: 75 View all charges
Deals & funding
Sandhar Technologies Limited has 13 deals on record (6 secondary share transfers, 5 market trades, 1 rights issue); the latest was in May 2026.
Total deals
13
Secondary share transfers
6
Market trades
5
Rights issue
1
IPO
1
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Market trade | ₹18.28 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| May 2021 | Secondary share transfer | Undisclosed | Buyer: Nippon India Mutual Fund |
| May 2021 | Market trade | ₹9.62 Cr | Buyer: Nippon India Mutual Fund |
| Oct 2020 | Market trade | ₹14.37 Cr | Seller: Hsbc Gif Asia Ex Japan Equity Smaller Companies |
| Apr 2018 | Market trade | ₹14.14 Cr | Buyer: Alphagrep Commodities Private Limited Seller: Alphagrep Commodities Private Limited |
To see the full deal history of Sandhar Technologies Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sandhar Technologies Limited has 60 court cases on record: 33 filed by Sandhar Technologies, 27 filed against it. 8 cases are pending and 52 are disposed.
Total cases
60
Filed by the company
33
Filed against the company
27
Pending
8
Disposed
52
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 19 | 4 |
| High courts | 15 | 5 | 4 |
| Supreme Court | 5 | 3 | 0 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rewari, Haryana | Appeal | Filed against the company by M/S Shinwa Moulds India Pvt. Ltd. | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Jay Switches India Pvt Ltd | Pending |
| Supreme Court | Court case (Review Petition (Civil)) | Filed against the company by Jay Switches India Pvt. Ltd | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Jay Switches India Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed against the company by Jay Switches (India )Pvt. Ltd | Disposed |
To see the full case history of Sandhar Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sandhar Technologies Limited was last rated by Indiarating on 21 Oct 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 21 Oct 2022 |
To see the full credit ratings and regulatory alerts of Sandhar Technologies Limited, buy the company report.
MSME payment delays
Sandhar Technologies Limited has 20 MSME Form 1 returns on record between 2019 and 2024, listing 3,839 overdue payments to 507 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 507)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Tata Steel Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Sandhar Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sandhar Technologies has 5 subsidiary companies and 8 joint ventures. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
5
Subsidiary companies
8
Joint ventures
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Sandhar Auto Castings Private Limited | U28100HR2020PTC087939 | |
| Sandhar Tooling Private Limited | U28939DL2002PTC114374 | |
| Sandhar Auto Electric Solutions Private Limited | U34300HR2022PTC100410 | |
| Sandhar Engineering Private Limited | U35999HR2021PTC098487 | |
| Sandhar Automotive Systems Private Limited | U36100HR2017PTC069555 |
To see the full group structure of Sandhar Technologies Limited, buy the company report.
Employees & EPFO
Sandhar Technologies Limited has a workforce of 1,287 employees on its EPFO records as of Apr 10, 2024, across 7 active EPFO establishments.
Employee count
1,287
Active EPFO establishments
7
Employee growth
4.98%
GST
Sandhar Technologies has 14 GST registrations: 9 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
14
Active
9
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACS0512J2ZZ | Himachal Pradesh | Active | 01 Jul 2017 |
| 05AAACS0512J1ZU | Uttarakhand | Active | 01 Jul 2017 |
| 06AAACS0512J2ZR | Haryana | Active | 01 Jul 2017 |
| 08AAACS0512J1ZO | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sandhar Technologies Limited, buy the company report.
Recent activity
Sandhar Technologies Limited has 44 board changes on record since 1987: 27 appointments and 17 cessations. The latest: Gazal Kalra was appointed as Director on 11 Aug 2026.
Charges
A charge with Others of Rs. 20.00 Cr registered on 05 Jan 2022 with Charge ID 100525130 was modified on 22 Sep 2026.
Charges
A charge with Citi Bank N.A. of Rs. 72.50 Cr registered on 08 Mar 2024 with Charge ID 100891495 was modified on 18 Aug 2026.
Charges
A charge with Citi Bank N.A. of Rs. 210.00 Cr registered on 26 Aug 2002 with Charge ID 90057848 was modified on 18 Aug 2026.
Appointed
Gazal Kalra was appointed as Director.
Charges
A charge with Others of Rs. 185.00 Cr registered on 10 Jun 2021 with Charge ID 100456413 was modified on 13 May 2026.
Filing
Sandhar Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101228935 was registered on 13 Jan 2026.
AGM
Sandhar Technologies Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Appointed
Gurvinder Jeet Singh was appointed as Whole-Time Director.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101083752 was registered on 04 Apr 2025.
Charges
A charge registered on 30 Apr 2011 via Charge ID 10287334 with State Bank Of India was fully satisfied on 01 Mar 2025.
Charges
A charge registered on 01 Nov 2021 via Charge ID 100502076 with Others was fully satisfied on 27 Nov 2024.
220 earlier events are in the company report.
News
Frequently asked questions
Sandhar Technologies is an active public limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 19 October 1987 (39+ years old) and is registered under CIN L74999DL1987PLC029553. Listed on BSE: 541163 and NSE: SANDHAR.
Sandhar Technologies reported revenue of ₹4,852.09 Cr for FY 2025-26 (up 24.9% YoY) based on consolidated financials.
Sandhar Technologies has 11 current directors:
- Jayant Davar - Whole-Time Director
- Gurvinder Jeet Singh - Whole-Time Director
- Neel Jay Davar - Director
- Monica Davar - Director
- Bharat Anand - Director
- Archana Capoor - Director
- Vimal Mahendru - Director
- Sandeep Dinodia - Director
- Aabha Bakaya - Director
- Vikrampati Singhania - Director
- Gazal Kalra - Director
The latest financial statements of Sandhar Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sandhar Technologies is 02AAACS0512J2ZZ, registered in Himachal Pradesh. The company has 14 GST registrations in all, of which 9 are active and 5 are cancelled or inactive. Other active GSTINs include 05AAACS0512J1ZU (Uttarakhand), 06AAACS0512J2ZR (Haryana), 08AAACS0512J1ZO (Rajasthan).
The CIN (Corporate Identification Number) of Sandhar Technologies is L74999DL1987PLC029553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sandhar Technologies is a listed company as per MCA records. Its shares are listed on both BSE (code: 541163) and NSE (symbol: SANDHAR).
Sandhar Technologies has 60 court cases on record: 33 filed by the company and 27 filed against it. 8 are pending. Most are in the district courts.
Sandhar Technologies was incorporated on 19 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Delhi.
Sandhar Technologies has 13 deals on record (6 secondary share transfers, 5 market trades, 1 rights issue); the latest was in May 2026.
The peers of Sandhar Technologies by revenue are Astemo Fie Private Limited, Goodluck India Limited, Imperial Auto Industries Limited, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products).
Gazal Kalra was appointed as Director on 11 Aug 2026. Gurvinder Jeet Singh was appointed as Whole-Time Director on 22 May 2025. Aabha Bakaya was appointed as Director on 08 Aug 2024. Sandhar Technologies has 44 board changes on record in total.