SANDHARNSESandhar Technologies LimitedHighNeutral
Announced Thu, 21 May · 14:19 IST

Sandhar Technologies Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat Growth 25pctExceptional ItemRevenue Growth 20pctResults View source PDF

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AI summary

Sandhar Technologies reported strong full-year FY2026 results with standalone revenue of Rs 3,044 crore (up 4.5% YoY) and consolidated revenue of Rs 4,852 crore (up 24.9% YoY). Standalone PAT grew 28.3% to Rs 179 crore while consolidated PAT surged 35.7% to Rs 199 crore. The Board recommended a final dividend of Rs 4 per share (40% of face value). Exceptional items contributed significantly: Rs 191 crore gain from business transfers to wholly-owned subsidiaries and Rs 340 crore gain from Peenya plant sale. The company also announced plans to explore vehicle telematics, wheel speed sensors, and electronics domain opportunities. Auditors issued an unmodified (clean) opinion on both standalone and consolidated financials.

Likely market impact

Strong earnings growth driven by consolidation benefits and asset disposal gains signals operational strength. The 35.7% consolidated PAT growth significantly outpaces standalone growth, indicating subsidiaries and JVs are contributing meaningfully. The clean audit opinion removes any going concern or qualification risks. The dividend declaration provides direct shareholder return.