Synopsis:
Sandhar Applied sciences shares jumped 11% after Q2 outcomes confirmed a 160% QoQ revenue surge to ₹73 crore, pushed by robust income development of 16.5% QoQ and 29% YoY, highlighting sturdy operational efficiency.
This firm and its joint ventures are primarily engaged within the manufacturing and assembling of automotive elements for the automotive trade in India is now within the focus after its board reported Q2 outcomes with 160% revenue development QoQ.
With market capitalization of Rs. 3,327 cr, the shares of Sandhar Applied sciences Restricted are closed at Rs. 553 per share, rising 11% in at this time’s market session making a excessive of Rs. 601, from its earlier shut of Rs. 541.15 per share. The inventory has generated an 8% return over the previous 12 months, delivering a powerful 40% acquire within the final six months and a 4% rise prior to now month.
Consolidating QoQ efficiency
Income from operations elevated by 16.5% from Rs. 1,090 cr in Q1FY26 to Rs. 1,270 cr in Q2FY26. Whole revenue rose by 18% to Rs. 1,307 from Rs. 1,109 cr. Web revenue considerably elevated by 160% from Rs. 28 cr to Rs. 73 cr over the identical interval. Revenue from operations earlier than distinctive gadgets, share of revenue in joint ventures and tax grew considerably from Rs. 34 cr to Rs. 94 cr.
Consolidating YOY efficiency
Income from operations elevated by 29% from Rs. 984 cr in Q2FY25 to Rs. 1,270 cr in Q2FY26. Whole revenue rose by 32% to Rs. 1,307 from Rs. 990 cr. Web revenue considerably elevated by 82.5% from Rs. 40 cr to Rs. 73 cr over the identical interval.
Product-Smart Income Profile
In Q2FY26, Sandhar’s product-wise income share is ADC Home at 21.9%, Locking Programs at 18.4%, Sheet Metallic at 16.8%, Assemblies at 9.8%, Cabins & Fabrication at 11.1%, ADC Abroad at 9.3%, Others at 7.7%, and Imaginative and prescient Programs at 5.0%.
In regards to the firm
Sandhar Applied sciences Restricted is a number one auto ancillary firm in India engaged within the manufacturing of automotive elements reminiscent of locksets, mirrors, sheet steel components, plastic components, and aluminum die-casting merchandise. The corporate serves main two-wheeler, four-wheeler, and industrial car OEMs, sustaining long-term partnerships with international manufacturers.
The corporate has delivered robust revenue development of 19.7% CAGR over the previous 5 years, with a wholesome ROCE of 12.3% and ROE of 12.8%. It has additionally maintained a constant dividend payout ratio of 17.8%, reflecting steady monetary efficiency and shareholder returns.
Promoters shareholding stands at 70.38%. FII’s diminished their stake from 0.83% in Q1FY26 to 0.66% in Q2FY26. DII’s holding fell to fifteen.85% from 15.75%. Public shareholding elevated from 13.05% to 13.11% over the identical interval.
Written by Manideep Appana
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