Sandhar Technologies Limited achieved a 21% year-on-year revenue growth in Q1, with India business growing by 22%. However, the company faced margin pressures due to various factors. Consolidated EBITDA margin declined to 9.18% from 9.85%. Challenges included forex losses, commodity price impacts, and supply chain issues. The company has exited two joint ventures while maintaining five profitable ones. In the EV segment, Sandhar commenced production of various components, generating INR 2.00 crores in Q1. Despite Q1 challenges, management maintains guidance of 0.5% EBITDA margin improvement for the full year and expects better performance in Q2.
Sandhar Technologies posted robust Q1 FY26 results with consolidated revenue of Rs 1,090.09 crore, up 19.45% YoY. Net profit was Rs 280.13 crore. The company announced strategic initiatives including leadership changes, business restructuring, and plans to raise capital up to Rs 500 crore. It will consolidate aluminium die casting units and increase borrowing limits to Rs 1,200 crore. A final dividend of Rs 3.50 per share for FY 2024-25 was recommended.
07Aug 25
Sandhar Technologies Reports 19% Revenue Growth to ₹1,090.00 Crores in Q1, Net Profit Dips 4%
Sandhar Technologies Limited reported a 19% year-over-year increase in consolidated revenue to ₹1,090.00 crores for Q1 ended June 30. However, consolidated net profit declined by 4% to ₹28.00 crores. Standalone revenue grew 8% to ₹728.00 crores with a 3% increase in net profit to ₹25.00 crores. The consolidated EBITDA margin compressed to 9.34% from 9.90%. Two-wheeler segment contributed 65.8% of total revenue, while passenger vehicles accounted for 14.7%. India business represented 88.7% of revenue, with overseas operations at 11.3%. The debt-to-equity ratio increased to 0.74 from 0.61.
22Jul 25
Sandhar Technologies Inks 25-Year Green Energy Deal, Boosting Sustainability Efforts
Sandhar Technologies Limited has executed a 25-year Power Purchase Agreement with Clean Renewable Energy KK 1A Private Limited for procuring renewable energy for its facilities. The agreement aims to enhance environmental sustainability and cost efficiency. Financial details will be disclosed upon finalizing the Share Subscription and Shareholders' Agreement. The transaction is not a related party deal, and the company has informed stock exchanges in compliance with SEBI regulations.
22Jul 25
Sandhar Technologies Inks 25-Year Power Purchase Agreement for Sustainable Energy
Sandhar Technologies Limited has executed a 25-year Power Purchase Agreement with Clean Renewable Energy KK 1A Private Limited. The agreement covers procurement of 'Contracted Energy' for Sandhar's facilities within relevant DISCOM areas. This move aims to enhance environmental sustainability and cost efficiency. Financial details will be disclosed upon entering the Share Subscription and Shareholders' Agreement. The deal complies with SEBI regulations, involving no shareholding or related party transactions.
24Jun 25
Sandhar Technologies Exits Joint Ventures KSTPL and KSASPL
Sandhar Technologies, an automotive components manufacturer, has completed the sale of its stakes in two joint ventures, KSTPL and KSASPL. This strategic divestment suggests a potential realignment of the company's business focus and partnerships. The move may lead to resource reallocation, impact financial streams, and signal openness to new strategic collaborations in the automotive components sector.
19Jun 25
Sandhar Technologies Divests Joint Venture Stake to Korea's Kwangsung for ₹11.07 Crore
Sandhar Technologies, an automotive components manufacturer, has sold its entire stake in a joint venture to South Korea's Kwangsung for ₹11.07 crore. This strategic move aims to streamline operations and focus on core competencies. The transaction could potentially free up capital for future investments or strengthening the company's balance sheet. This development occurs amidst rapid changes in the automotive components industry driven by technological advancements and shifting market dynamics.
22May 25
Sandhar Tech Reports Q4 Revenue Growth and Declares Dividend
Sandhar Technologies Limited announced Q4 financial results with revenue reaching ₹10 billion, up 8.9% year-over-year. Net profit increased by 18.7% to ₹426 million. EBITDA grew 10.6% to ₹1.04 billion, though EBITDA margin slightly decreased to 10.24%. The company declared a dividend of ₹3.50 per share.
21Apr 25
Sandhar Technologies Inks ₹61 Crore Property Sale Agreement in Bangalore
Sandhar Technologies Limited has agreed to sell a property in Bangalore's Peenya 2nd Phase Industrial Area for ₹61 crore. The company received ₹15 crore as earnest money, with the remaining ₹46 crore due upon execution of the final Sale Deed. The transaction is expected to complete within three months, with a possible three-month extension. The buyer, NL Blinds Private Limited, is not related to Sandhar's promoter group. Proceeds will fund expansion initiatives, including enhancing operational capacity and exploring new markets.
02Apr 25
Sandhar Technologies' Subsidiary Acquires Sundaram-Clayton's Die Casting Business
Sandhar Technologies' subsidiary, Sandhar Ascast, has acquired Sundaram-Clayton Limited's high and low pressure Aluminium die casting business at Hosur for INR 163 crores. This all-cash deal expands Sandhar's die casting segment, introduces Low Pressure Die Casting capabilities, and enhances High Pressure Die Casting operations. The acquisition broadens Sandhar's product portfolio to include cylinder heads, manifolds, and housings, strengthening its position in the automotive components industry.
17Mar 25
Sandhar Technologies Reshapes Business Portfolio with Strategic Acquisitions and Divestitures
Sandhar Technologies announced key strategic moves on March 17, 2025. The company's subsidiary, Sandhar Ascast Private Limited, will acquire aluminium die casting businesses from Sundaram-Clayton Limited. Sandhar is also transferring two zinc die casting units to Sandhar Ascast Private Limited. Additionally, the company plans to divest its 50% stake in joint venture Jinyoung Sandhar Mechatronics Private Limited. These actions aim to consolidate Sandhar's casting business, enhance manufacturing capabilities, and pursue growth opportunities in the automotive components sector.