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Sona BLW Precision Forgings Ltd

₹ 476-1.03%
06 Jan – close price
🔗sonacomstar.com•BSE: 543300•NSE: SONACOMS
Market Cap₹ 29,622 Cr.
Current Price₹ 476
High / Low₹ 589
Stock P/E50.0
Book Value₹ 89.7
Dividend Yield0.67 %
ROCE18.3 %
ROE14.2 %
Face Value₹ 10.0
Sales₹ 3,381 Cr.
OPM26.4 %
Mar Cap₹ 29,622 Cr.

ABOUT

Sona BLW Precision Forgings is an India-based automotive technology company. The company is engaged in designing, manufacturing and supplying engineered automotive systems and components such as differential assemblies, gears, conventional and micro-hybrid motors, BSG systems and EV Traction motors across all vehicle categories.The company develops mechanical and electrical hardware systems, components as well as base and application software solutions.

KEY POINTS

Product OfferingsThe company isone of the world’s leading mobility technology companies, specializing in the design, manufacturing, and supply of highly engineered, mission-critical, high-quality, complex, and bespoke systems and components for global mobility OEMs for both electrified and non-electrified powertrain segments.[1]Its product portfolio includes precision forged bevel gears, differential assemblies, starter motors, traction motors, intermediate gears, etc.[2]It has a ** 8.1% and 4.2% global market share in the differential gears and starter motors business**, respectively, as of CY23.[3]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsExcellent ResultsExcellent ResultsAsset Base ExpansionAsset Base ExpansionCapacity Expansion And ProductsCapacity Expansion And ProductsOrder Book PositionOrder Book PositionJv Partnerships AcquisitionsJv Partnerships AcquisitionsRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Samvardh. Mothe.120.8338.08127529.330.47845.63-3.2530172.978.4913.66117367.728.863348.88851.183.434.600.53
2.Bosch38960.0050.59114907.221.31554.2010.824794.809.1121.1118959.7013.112271.53554.208.2010.700.01
3.Uno Minda1320.9069.7176222.740.17322.7927.144814.0313.4118.8318015.4311.541093.46303.9912.239.360.46
4.Bharat Forge1474.7065.2270503.730.58299.2822.834031.939.3112.1815268.8317.661080.93299.207.534.720.71
5.Schaeffler India3786.1052.9559178.130.74306.6524.082360.1413.8625.678834.5718.981117.62306.6510.7514.850.01
6.Tube Investments2549.0078.7049325.610.14302.05-9.735522.6412.1521.8020793.889.22626.78186.666.567.330.09
7.Endurance Tech.2569.5041.3736143.320.39227.2711.973582.8223.0117.2612724.3613.48873.65227.275.789.210.20
8.Sona BLW Precis.476.4549.9529621.900.67166.2519.231056.9925.8618.303380.7426.45593.05167.505.3111.580.03
–Median: 126 Co.452.7529.631293.260.3812.4710.82212.4711.1114.73825.6812.0438.4810.763.126.480.39

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
6167087866748307676997937705997168401,057
Expenses
456494570488591575510570555453516606786
Operating Profit
160215216186240192189223215147201234271
Other Income
13-13942634356517241120
Profit before tax
123155190136202161174169202110168178223
Tax %
23%22%26%26%23%26%17%23%25%24%22%26%25%
Net Profit
9612214110215512014413115283130132166
EPS in Rs
1.632.082.261.742.641.932.452.232.441.422.232.132.67

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
3313463655036096995391,4001,9182,4482,8923,2263,381
Expenses
2392632943984455013881,0141,4391,8312,0672,3222,486
Operating Profit
928272105164198151387479617825904894
Other Income
12-38273023846133128145
Interest
29221819181623321716252818
Depreciation
1219171722293486130167203233246
Profit before tax
5244-27113115694291417495629772776
Net Profit
3129-16458610184216354388484580579
EPS in Rs
11.2210.42-5.7616.1931.0236.2817.833.776.056.638.269.329.30
Dividend Payout %
0%0%0%0%0%0%238%502%25%42%37%34%–

Compounded Profit Growth

10 Years:35%
5 Years:46%
3 Years:18%
TTM:8%

Compounded Sales Growth

10 Years:25%
5 Years:43%
3 Years:19%
TTM:7%

Return on Equity

10 Years:17%
5 Years:18%
3 Years:17%
Last Year:14%

Stock Price CAGR

10 Years:%
5 Years:%
3 Years:4%
1 Year:-19%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
28282828282847573584585586622622
Reserves
1561831672122983991,0847881,3891,6641,9884,7734,954
Borrowings
159156149158161145330443147291388150149
Other Liabilities
81617391127167105318386435623609656
Total Liabilities
4234284164896147381,5662,1222,5062,9763,5856,1546,381
Fixed Assets
1251251241051652753641,0851,2611,4731,5971,7583,261
Gross Block
2062262412353173264451,2881,5871,9462,2682,658–
Accumulated Depreciation
811021171301525181203326473671901–
CWIP
98461213508314791140170126
Investments
1992001591621741738601551633705411,343958
Other Assets
91961282162642782927989351,0421,3072,8842,037
Total Assets
4234284164896147381,5662,1222,5062,9763,5856,1546,381

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
––3823112143161121395500639733
Cash from Investing Activity
––-12-12-98-113-886-117-318-512-453-1,737
Cash from Financing Activity
––-25-10-15-31759-79-6220-1911,938
Net Cash Flow
––11-0-234-75158-4934

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
4958668785799010483877371
Inventory Days
1007794107149121147169131909280
Days Payable
1329312214219312313112881778076
Cash Conversion Cycle
1642385241771061451331008675
Working Capital Days
-43-31-5231796377885839117
ROCE %
–18%16%24%34%32%12%21%21%22%24%18%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
53.53%33.00%29.76%29.76%29.71%29.71%29.71%28.04%28.03%28.02%28.02%28.02%
FIIs
11.27%24.69%31.68%33.35%32.88%32.93%32.03%33.55%33.25%29.91%29.75%23.47%
DIIs
24.37%31.28%28.20%27.50%27.90%28.77%29.50%30.95%31.15%34.43%34.60%40.13%
Public
10.83%11.01%10.35%9.39%9.51%8.59%8.75%7.44%7.57%7.62%7.64%8.37%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Sona BLW Files SEBI Compliance Certificate for Q4 FY26

9th April 2026, 6:13 pm

Sona Comstar Achieves Major Production Milestones: 500 Million Gears, 10 Million Assemblies

7th April 2026, 3:05 pm

Sona Comstar Approves ₹62.20 Cr Capex for Capacity Expansion; Key Personnel Appointments Made

21st March 2026, 12:32 am

Sona Comstar Approves ₹62.2 Cr Capex for Gear Capacity, Appoints New CS & Compliance Officer

21st March 2026, 12:27 am

Sona Comstar: Trading Window to Close from March 16th for Financial Results

13th March 2026, 9:19 pm

Published by Other Websites

External media mentions & references

Noida Labour Unrest: Wage Hikes Hit Auto, Electronics Firms Hard

15th April 2026, 9:44 am

Technical Stock Breakouts Face Macro Risks and High Valuations

15th April 2026, 7:17 am

Sona BLW Control Battle: Matriarch's Veto Powers Ignite Family Trust Feud

15th April 2026, 12:12 am

CAFE 2027 Draft: Auto Makers Gain EV Flexibility, Hybrid Plans Reassessed

13th April 2026, 10:31 am

Experts Spot 9 Stocks for April 13 Buys: BHEL, Dixon, Waaree Lead

13th April 2026, 7:07 am

News Articles

Editorial & research coverage

Sona Comstar's EV Surge Meets High Valuation
Sona Comstar's EV Surge Meets High Valuation

11th February 2026, 5:41 pm

Trade Deal Spurs India Rally; Jefferies Bets on Metals
Trade Deal Spurs India Rally; Jefferies Bets on Metals

3rd February 2026, 12:46 pm

India-EU FTA: Auto Sector Pivots to Niche Export Hub
India-EU FTA: Auto Sector Pivots to Niche Export Hub

28th January 2026, 3:17 pm

Indian Equities Recover; FTA, Earnings Drive Divergence
Indian Equities Recover; FTA, Earnings Drive Divergence

27th January 2026, 3:44 pm

Jindal Stainless, Sona BLW Power Nifty Midcap 150 Higher
Jindal Stainless, Sona BLW Power Nifty Midcap 150 Higher

27th January 2026, 3:41 pm

Documents

Announcements

Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

20 Dec - Scrutinizer report: shareholders passed postal ballot resolution; voting result posted on company's website (20 Dec 2025).

Closure of Trading Window
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

10 Dec - Plant visit investor meeting organized by Nomura on 16 Dec 2025 in Chennai.

Intimation For Incorporation Of Step Down Subsidiary

28 Nov 2025 - Novelic India Pvt Ltd incorporated in India on 28 Nov 2025; 100% owned; authorized capital INR 15,00,000.

Announcement under Regulation 30 (LODR)-Newspaper Publication

19 Nov 2025 - Newspaper Advertisement for dispatched of Postal Ballot Notice to shareholders.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Credit Ratings

Rating update

19 May 2025 from fitch

Rating update

23 Feb 2024 from fitch

Rating update

28 Feb 2023 from fitch

Rating update

2 Dec 2021 from fitch

Rating update

6 Jun 2019 from fitch

Rating update

4 May 2018 from fitch

Concalls

Oct 2025

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Stock Analysis

Description

Sona BLW Precision Forgings Limited (Sona Comstar) is a leading Indian automotive technology company specializing in critical systems and components for global OEMs across electrified and non-electrified vehicle segments.

Key Growth Triggers

The company is a key player in the automotive technology sector, focusing on mission-critical systems for both traditional and electric vehicles. Its strengths lie in designing and manufacturing complex components for global mobility OEMs, positioning it well to benefit from the industry's shift towards electrification.

Order Book

Order Book: Q1 FY26 = ₹262 billion (EV programs comprising 75%); Q2 FY26 = ₹236 billion.

Key Red Flags

The company's working capital days have increased significantly, and promoter holding has seen a decrease over the last three years.

Key Dates To Watch

  1. Q3 FY26 Results Announcement: January 23, 2026
  2. Earnings Conference Call: January 23, 2026

Corporate Announcements

9th Apr 26
Impact Rating: 3
Sona BLW Precision Forgings Limited submitted its SEBI compliance certificate for the quarter ended March 31, 2026. The registrar confirmed no requests for share dematerialization or rematerialization were received during this period.
7th Apr 26
Impact Rating: 8
Sona Comstar has reached significant production milestones, manufacturing 500 million differential gears and 10 million differential assemblies. This achievement reinforces its global leadership and highlights an increased market share of 8.7%.
20th Mar 26
Impact Rating: 8
Sona Comstar's Board approved ₹622 million (₹62.20 cr) capex for capacity addition and appointed Ms. Suman Poddar as Company Secretary and Mr. Arjun Singh as Compliance Officer.
20th Mar 26
Impact Rating: 8
Sona Comstar approves ₹622.00 million (₹62.20 cr) capex for gear capacity enhancement by FY2028. Resignation of Sr. VP Legal, CS, Compliance Officer effective April 15, 2026, noted. New CS and Compliance Officer appointed from April 16, 2026.
13th Mar 26
Impact Rating: 7
Sona Comstar announced the closure of its trading window starting March 16, 2026. This restriction will remain in effect until 48 hours post the declaration of financial results for the quarter and year ending March 31, 2026.