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Sharda Motor Industries Q1 Results Revenue Declines to ₹70,505.82 Lakh and PAT Falls to ₹7,682.78 Lakh

Sharda Motor Industries Q1 Results saw a 3.7% QoQ drop in total income to ₹70,505.82 lakh and a 12.2% QoQ decrease in profit before tax to ₹10,244.80 lakh, with EPS remaining unchanged at ₹25.90.

by P Nandhini

Updated Sep 06, 2024

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Sharda Motor Industries Q1 Results Revenue Declines to ₹70,505.82 Lakh and PAT Falls to ₹7,682.78 Lakh

Sharda Motor Industries Q1 Results 2024 - 2025: Sharda Motor Industries announced their Q1 results on August 2, 2024, showcasing a mixed performance compared to the previous quarter. The company reported a total revenue of ₹70,505.82 lakh, marking a decrease of 3.7% QOQ from ₹73,230.57 lakh.

Their total expenses also fell slightly by 2.4% QOQ, totaling ₹60,312.13 lakh. Despite the lower revenue, Sharda Motor Industries managed to maintain a strong profit before tax, with a result of ₹10,244.80 lakh, which is a 12.2% decrease compared to the previous quarter’s ₹11,675.23 lakh.

In terms of profit after tax, Sharda Motor Industries saw a decline of 13.0% QOQ, with earnings of ₹7,682.78 lakh compared to ₹8,829.75 lakh in the previous quarter. The company’s earnings per share (EPS) remained stable at ₹25.90, showing no change from the last quarter.

Overall, the Q1 results reflect a slight drop in revenue and profit, but Sharda Motor Industries continues to demonstrate resilience in its financial performance amidst a challenging market environment.

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Sharda Motor Industries Q1 Results 2024 - 2025

Sharda Motor Industries released its financial results for the first quarter of 2024 - 2025 on August 2, 2024. The results reveal some notable changes in revenue, expenses, and profits compared to the previous quarter. Below is a summary of the key figures from the Q1 results:

Particulars Q1 FY 2024-25 Q4 FY 2023-24 Change (QOQ)
Revenue from Operations ₹68,543.17 lakh ₹70,339.39 lakh -2.5%
Other Income ₹1,962.65 lakh ₹2,891.18 lakh -32.0%
Total Income ₹70,505.82 lakh ₹73,230.57 lakh -3.7%
Cost of Raw Materials Consumed ₹49,068.05 lakh ₹50,606.74 lakh -3.0%
Total Expenses ₹60,312.13 lakh ₹61,812.61 lakh -2.4%
Profit Before Tax ₹10,244.80 lakh ₹11,675.23 lakh -12.2%
Profit After Tax ₹7,682.78 lakh ₹8,829.75 lakh -13.0%
Earnings Per Share (EPS) ₹25.90 ₹25.90 0.0%
Depreciation and Amortization ₹1,286.60 lakh ₹1,395.34 lakh -7.8%
Finance Cost ₹48.35 lakh ₹20.13 lakh +140.4%

Source: Click Here

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Sharda Motor Industries Current Market Overview

Sharda Motor Industries is currently trading at ₹2,657 per share, with a market capitalization of ₹7,899 crore. The stock has seen a high of ₹2,956 and a low of ₹865 recently. It has a Price-to-Earnings (P/E) ratio of 24.6 and a book value of ₹338.

The company offers a dividend yield of 0.66%, and its financial performance is strong, with a Return on Capital Employed (ROCE) of 44.3% and a Return on Equity (ROE) of 34.0%. The face value of the stock is ₹2.00. For the latest updates, you can visit their website or check their listings on BSE and NSE.

Metric Value
Current Price ₹2,657
Market Cap ₹7,899 Cr.
High / Low ₹2,956 / ₹865
Stock P/E 24.6
Book Value ₹338
Dividend Yield 0.66%
ROCE 44.3%
ROE 34.0%
Face Value ₹2.00
Website shardamotor.com
BSE Code 535602
NSE Code SHARDAMOTR
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Quarterly Results

Here is a summary of Sharda Motor Industries' quarterly results for the most recent periods:

Metric Dec 2023 Mar 2024 Jun 2024
Sales (₹ Cr.) 689 703 685
Expenses (₹ Cr.) 595 604 590
Operating Profit (₹ Cr.) 94 99 96
Operating Profit Margin (OPM) 14% 14% 14%
Other Income (₹ Cr.) 23 31 20
Interest (₹ Cr.) 1 0 0
Depreciation (₹ Cr.) 14 14 13
Profit Before Tax (₹ Cr.) 102 117 102
Tax % 26% 24% 25%
Net Profit (₹ Cr.) 76 88 77
EPS (₹) 25.55 29.70 25.84
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About Sharda Motor Industries 

Sharda Motor Industries is a prominent company specializing in manufacturing a wide range of automotive components and accessories. Their product lineup includes exhaust systems, catalytic converters, independent suspensions, seat frames, seat covers for both two-wheelers and four-wheelers, soft top canopies, and pressed parts for white goods.

Known for its commitment to quality and innovation, Sharda Motor Industries operates with state-of-the-art facilities and focuses on meeting customer needs efficiently. The company places a strong emphasis on continuous improvement and development, ensuring that it stays at the forefront of the automotive industry.

Check our website for more Q1 results.

Sharda Motor Industries Q1 Results - FAQs

1. What is Sharda Motor Industries' total revenue for Q1 FY 2024-25?  

Sharda Motor Industries reported a total revenue of ₹70,505.82 lakh.

2. How much did Sharda Motor Industries' revenue decrease by in Q1 FY 2024-25?  

Sharda Motor Industries' revenue decreased by 3.7% compared to the previous quarter.

3. What were Sharda Motor Industries' total expenses for Q1 FY 2024-25?  

Sharda Motor Industries' total expenses were ₹60,312.13 lakh.

4. How did Sharda Motor Industries' expenses change from the previous quarter?  

Sharda Motor Industries' expenses fell by 2.4% compared to the previous quarter.

5. What is Sharda Motor Industries' profit before tax for Q1 FY 2024-25?  

Sharda Motor Industries reported a profit before tax of ₹10,244.80 lakh.

6. What was the percentage decrease in profit before tax for Sharda Motor Industries?  

Sharda Motor Industries' profit before tax decreased by 12.2% compared to the previous quarter.

7. How much did Sharda Motor Industries' profit after tax decline in Q1 FY 2024-25?  

Sharda Motor Industries' profit after tax declined by 13.0% compared to the previous quarter.

8. What is Sharda Motor Industries' profit after tax for Q1 FY 2024-25?  

Sharda Motor Industries' profit after tax was ₹7,682.78 lakh.

9. What was the cost of raw materials consumed by Sharda Motor Industries in Q1 FY 2024-25?  

Sharda Motor Industries' cost of raw materials consumed was ₹49,068.05 lakh.

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