SHARDAMOTRNSESharda Motor Industries LimitedHighNeutral
Announced Thu, 21 May · 19:31 IST

Sharda Motor Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Exceptional ItemResults RestatedResults View source PDF

SHARDAMOTR · price

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AI summary

Sharda Motor Industries reported standalone revenue from operations of Rs 3,396.77 crore for FY2026, up 19.7% from Rs 2,836.57 crore in FY2025. Standalone PAT grew 9.3% to Rs 341.55 crore from Rs 312.49 crore. The company recommended a dividend of Rs 20 per share (1000% of face value). A 1:1 bonus issue was executed in Q2 FY2026, doubling the share count, with EPS restated for all comparative periods. Exceptional items of Rs 18.15 crore included profit on sale of land and building (Rs 22.41 crore) partially offset by labour code implementation costs (Rs 4.26 crore). Auditors issued an unmodified opinion with no concerns.

Likely market impact

The company delivered strong double-digit revenue and profit growth with positive operating cash flows. The bonus issue and dividend signal confidence in future prospects. No auditor concerns indicate sound financial health.