SHARDAMOTRBSESharda Motor Industries LtdHighNeutral
Announced Thu, 21 May · 19:26 IST

Audited Financial Results for the quarter and year ended March 31, 2026 on standalone and consolidated basis.

Revenue Growth 20pctExceptional ItemPat Growth 25pctResults View source PDF

SHARDAMOTR · price

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AI summary

Sharda Motor Industries reported strong full-year results for FY26 with standalone revenue from operations growing 19.7% to Rs 3,39,677 lakh from Rs 2,83,657 lakh in FY25. Profit after tax increased 9.3% to Rs 34,155 lakh from Rs 31,249 lakh. The company had no long-term debt (borrowings: nil) and maintained strong credit ratings of CRISIL AA-/STABLE. Exceptional items of Rs 1,815.22 lakh included profit on sale of land/building (Rs 2,240.92 lakh) offset partially by labour code implementation costs (Rs 425.70 lakh). The Board recommended a dividend of Rs 20 per share (1,000% on face value). During the year, the company completed a 1:1 bonus share issue, doubling the paid-up capital to Rs 1,148 lakh. Auditors issued unmodified (clean) opinions on both standalone and consolidated results.

Likely market impact

The approximately 20% revenue growth demonstrates strong operational performance, while the clean audit opinion and zero debt strengthen investor confidence. The 9.3% PAT growth and healthy operating cash flow (Rs 36,289 lakh) support the generous dividend payout, which should be positive for shareholder returns.