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Sharda Motor Industries Limited (SHARDAMOTR) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹52.0B

SM Sharda Motor Industries Limited SHARDAMOTR · NSE
Price₹909.50
Fair Value₹771.66
Upside-15.2%
Quality47/100
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Healthy Growth
Solidly profitable · 10.2% net margin
Low debt · generates free cash flow
Ranks above peers (9/14)
Wide moat 65/100
Evidence: High Range ₹506.94 – ₹1,302 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 4 days ago

Share price +4.5% over the past month.

Below-average quality, and screening another 15% overvalued on our models.

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What matters now

  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹506.94 to ₹1,302) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹2,865 ₹316.36 Fair Value ₹771.66 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹316.36 – ₹2,865 · fair‑value band ₹506.94 – ₹1,302 · the ₹909.50 price screens above the ₹771.66 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Sharda Motor Industries Limited (SHARDAMOTR) currently trades at ₹909.50, while our model-based Fair Value estimate is ₹771.66, implying the stock looks roughly 15.2% overvalued today. The Quality Score stands at 47/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Sharda Motor Industries Limited generated revenue of ₹34.0B at a net margin of 10.2%. Revenue grew 29.6% year over year. It earns a return on equity of 29.1%. The balance sheet holds a net cash position of ₹457M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹506.94 (bear case) to ₹1,302 (bull case); at ₹909.50, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 27% below its 52-week high and 30% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -52% fair-value upside, at -15%, SHARDAMOTR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹670.66 ₹1,184 ₹2,068 80
Residual Income ₹409.58 ₹562.51 ₹3,544 76
Rev-Margin DCF ₹563.83 ₹965.55 ₹1,494 74
All 26 models by family
DCF Models
FCF DCF ₹678.33 ₹1,246 ₹2,255 38
Owner Earnings ₹744.68 ₹1,369 ₹2,480 31
5Y Revenue Exit ₹563.83 ₹975.76 ₹1,538 39
5Y EBITDA Exit ₹642.55 ₹1,141 ₹1,771 41
5Y P/E Exit ₹856.10 ₹1,588 ₹2,441 38
10Y Revenue Exit ₹579.31 ₹987.21 ₹1,620 36
10Y EBITDA Exit ₹649.22 ₹1,109 ₹1,818 37
10Y P/E Exit ₹791.77 ₹1,440 ₹2,388 35
Earnings-Based
Graham-Dodd ₹409.14 ₹2,005 ₹2,763 54
Lynch FV ₹538.68 ₹769.54 ₹1,000 50
PEG = 1.0 ₹538.68 ₹769.54 ₹1,000 46
EPV ₹417.53 ₹484.37 ₹542.85 59
Dividend Discount
Gordon GGM ₹149.20 ₹310.23 ₹492.14 70
DDM Multi-Stage ₹149.20 ₹261.59 ₹325.59 61
Multiples
P/E Multiple ₹992.77 ₹1,324 ₹1,655 63
P/S Multiple ₹532.52 ₹710.03 ₹887.54 58
P/B Multiple ₹686.16 ₹914.88 ₹1,144 55
EV/EBIT ₹852.01 ₹1,131 ₹1,409 53
EV/EBITDA ₹673.00 ₹891.82 ₹1,111 54
EV/Revenue ₹513.54 ₹726.55 ₹939.56 43
Asset-Based
NCAV (Graham) ₹114.36 ₹153.24 ₹228.72 50
Growth DCF
Growth DCF ₹670.66 ₹1,184 ₹2,068 80
Rev-Margin DCF ₹563.83 ₹965.55 ₹1,494 74
Economic Profit
Residual Income ₹409.58 ₹562.51 ₹3,544 76
ROIC Compounder ₹477.17 ₹645.03 ₹866.81 72
Growth Earnings
Growth-Adj P/E ₹853.29 ₹1,219 ₹1,585 68

Widest divergence: Growth Earnings (₹1,219) versus Asset-Based (₹153.24). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹34.0B
Revenue growth (YoY) +29.6%
Net margin 10.2%
Return on equity 29.1%
Free cash flow ₹2.9B FY2026
P/E ratio 15.5
More key figures
Operating margin 9.8%
EPS (TTM) ₹58.77
EPS growth (YoY) +6.6%
Net cash ₹457M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 51 · Market factors (momentum, volatility) 45

Profitability 75
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 37
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Sharda Motor Industries Limited manufactures, assembles, trades in, and sells auto components to automobiles and electronics original equipment manufacturers in India.

Full company description

Sharda Motor Industries Limited manufactures, assembles, trades in, and sells auto components to automobiles and electronics original equipment manufacturers in India. The company provides exhaust systems for passenger vehicles, commercial vehicles, tractors, and generators; suspensions systems, such as arm lower control comp, upper arm assy, rear and front suspension, front axle assy, and assy lower link complete RH products; and roof systems. It also offers seat frames, seat covers, soft top canopies, and pressed part- white goods products, as well as catalytic convertors, independent suspension products, and sheet metal components. In addition, the company provides supply chain management and procurement services. It also exports its products. The company was incorporated in 1986 and is based in New Delhi, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Sharda Motor Industries Limited reported revenue of ₹34.0B in FY2026 versus ₹22.3B in FY2022, a compound +11.1%/yr. Reported net income was ₹3.5B in FY2026, compounding +23.3%/yr from FY2022.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹34.0B
Latest YoY
+19.7%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.5%
Avg. growth/yr (17Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.6%
Revenue +11.1%/yr
FY22 ₹22.3B
FY23 ₹27.0B
FY24 ₹28.1B
FY25 ₹28.4B
FY26 ₹34.0B
Net income +23.3%/yr
FY22 ₹1.5B
FY23 ₹2.1B
FY24 ₹3.0B
FY25 ₹3.1B
FY26 ₹3.5B
Character of growth · EPS growth decomposed (2015-2026) +21.1 % p.a.
Revenue per share +10.4 pp

of which total revenue +13.7 pp · buybacks/dilution −3.3 pp

EBIT margin +7.9 pp
Tax rate −3.6 pp
Residual (interest, one-offs) +6.5 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

SHARDAMOTR screens 15% overvalued. Compare with Hyundai Mobis Co →

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Cite: Fair Value Calculator (2026). "Sharda Motor Industries Limited Fair Value". https://www.fairvalue-calculator.com/stock/SHARDAMOTR

Peer Group

Auto Parts · 639 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 47 · Below median
Fair Value upside −15% · Below median
Return on equity (TTM) 29% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 10% · Above median
Revenue growth 30% · Top 25%
Dividend yield (TTM) 1.8% · Above median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 15.5× · Cheaper than median
P/B 3.96× · Pricier than 75% of peers
P/S (TTM) 1.53× · Pricier than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 12.2× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 13 · sector 17
FUTURE 100 · sector 24
PAST 100 · sector 26
HEALTH 100 · sector 95
DIVIDEND 36 · sector 34

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 511,000 KRW 643,909 KRW +26%
Magna International Inc MGAN 1,122 MXN 1,142 MXN +2%
Samvardhana Motherson International Limited MOTHERSON ₹169.50 ₹80.63 -52%
Bosch Limited BOSCHLTD ₹46,750 ₹13,061 -72%
Bharat Forge Limited BHARATFORG ₹2,082 ₹393.20 -81%
Uno Minda Limited UNOMINDA ₹1,232 ₹426.57 -65%
Schaeffler India Limited SCHAEFFLER ₹4,126 ₹1,412 -66%
Hankook Tire & Technology Co 161390 71,500 KRW 196,479 KRW +175%
Sona BLW Precision Forgings Limited SONACOMS ₹799.90 ₹207.06 -74%
Balkrishna Industries Limited BALKRISIND ₹2,497 ₹1,211 -51%

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Frequently asked questions

Is Sharda Motor Industries Limited (SHARDAMOTR) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹771.66 versus a price of ₹909.50, about −15% (overvalued).
What is the fair value of SHARDAMOTR?
Our model-based fair value for Sharda Motor Industries Limited is ₹771.66 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹909.50.
What is the quality score of SHARDAMOTR?
Sharda Motor Industries Limited has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Sharda Motor Industries Limited (SHARDAMOTR)?
Sharda Motor Industries Limited reported trailing-twelve-month revenue of about ₹34.0B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of SHARDAMOTR?
The net profit margin of Sharda Motor Industries Limited is about 10.2%, meaning it keeps roughly 10.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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