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Earnings · Auto Ancillary · Small cap

Sharda Motor delivers 19.7% revenue growth for FY26

The auto-component maker closed the year with ₹3,397 crore in revenue and a final dividend of ₹20 per share.

3 earlier stories on Sharda Motor Industries Ltd.
Mkt cap₹4,755 cr
P/E13.77×
ROE29.66%
Debt / eq.0.00
Div yld2.36%
₹3,397 cr Annual revenue for FY26, a 19.7% increase over the previous year.

What's new

  • Annual revenue reached ₹3,397 crore, up 19.7% year-over-year.
  • Full-year net profit climbed 9.3% to reach ₹341.6 crore.
  • The board proposed a final dividend of ₹20 per share.

Why this matters

The company met market expectations with steady growth, absorbing both one-off land sale gains and new labour code provisions. It remains a straightforward performance report without surprises or revised guidance.

What we're watching

  • Impact of new labour code provisions on upcoming margins.
  • Sustenance of double-digit revenue growth in the next fiscal.
  • Execution of the dividend payout.

The full read

Sharda Motor Industries closed FY26 with revenue of ₹3,397 crore, marking a 19.7% gain over the prior year. Net profit rose more modestly at 9.3% to reach ₹341.6 crore. The board declared a final dividend of ₹20 per share, a 1000% payout relative to face value. While the headline figures reflect a steady growth trajectory, the financials incorporate the noise of a land sale and the necessary provisioning for new labour codes. This is a routine set of results that align with market expectations. Nothing in this release breaks the established trend or forces a re-evaluation of the company's operating performance. It is a standard end-of-year disclosure.

Questions answered

What was the total net profit for FY26?
Sharda Motor reported a net profit of ₹341.6 crore for the full year.
Did the company announce any one-time impacts?
Yes, the results include gains from a land sale and a provision for new labour codes.
Mentioned: Sharda Motor Industries · FY26
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Sharda Motor Industries Ltd.

Auto Ancillary
₹4,907 cr
P/E 14.21×

Latest quarter · Mar 2026

Sales₹972 cr
Net profit₹87 cr
Op. margin+11.6%
EPS₹15.58

Strength & growth

Debt / equity0.00×
Current ratio2.07×
Sales CAGR+13.9%
EPS CAGR+25.2%
  1. 21 May 2026 · 7:37 PM IST Sharda Motor delivers 19.7% revenue growth for FY26
  2. 51d ago Sharda Motor wins first $10M export, guides lightweighting to triple by FY28
  3. 51d ago Sharda Motor lands ₹530 cr in new orders from four OEMs
  4. 52d ago Sharda Motor posts 20% revenue growth, recommends ₹20/share dividend