Sandhar Technologies Limited (SANDHAR) - Net Assets
Based on the latest financial reports, Sandhar Technologies Limited (SANDHAR) has net assets worth Rs13.77 Billion INR (≈ $148.87 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs34.76 Billion ≈ $375.88 Million USD) and total liabilities (Rs20.99 Billion ≈ $227.01 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Sandhar Technologies Limited balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs13.77 Billion |
| % of Total Assets | 39.6% |
| Annual Growth Rate | 15.83% |
| 5-Year Change | 59.54% |
| 10-Year Change | 353.48% |
| Growth Volatility | 26.44 |
Sandhar Technologies Limited - Net Assets Trend (2011–2026)
This chart illustrates how Sandhar Technologies Limited's net assets have evolved over time, based on quarterly financial data. Check Sandhar Technologies Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Sandhar Technologies Limited (2011–2026)
The table below shows the annual net assets of Sandhar Technologies Limited from 2011 to 2026. For live valuation and market cap data, see SANDHAR company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs13.77 Billion ≈ $148.87 Million |
+20.82% |
| 2025-03-31 | Rs11.39 Billion ≈ $123.21 Million |
+12.07% |
| 2024-03-31 | Rs10.17 Billion ≈ $109.94 Million |
+9.91% |
| 2023-03-31 | Rs9.25 Billion ≈ $100.03 Million |
+7.20% |
| 2022-03-31 | Rs8.63 Billion ≈ $93.31 Million |
+6.78% |
| 2021-03-31 | Rs8.08 Billion ≈ $87.39 Million |
+5.48% |
| 2020-03-31 | Rs7.66 Billion ≈ $82.85 Million |
+5.94% |
| 2019-03-31 | Rs7.23 Billion ≈ $78.20 Million |
+13.50% |
| 2018-03-31 | Rs6.37 Billion ≈ $68.90 Million |
+109.87% |
| 2017-03-31 | Rs3.04 Billion ≈ $32.83 Million |
+10.19% |
| 2016-03-31 | Rs2.75 Billion ≈ $29.79 Million |
+5.65% |
| 2015-03-31 | Rs2.61 Billion ≈ $28.20 Million |
+24.15% |
| 2014-03-31 | Rs2.10 Billion ≈ $22.71 Million |
+16.29% |
| 2013-03-31 | Rs1.81 Billion ≈ $19.53 Million |
+34.08% |
| 2012-03-31 | Rs1.35 Billion ≈ $14.57 Million |
-11.29% |
| 2011-03-31 | Rs1.52 Billion ≈ $16.42 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sandhar Technologies Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs601.91 Million | 4.52% |
| Other Components | Rs12.73 Billion | 95.48% |
| Total Equity | Rs13.33 Billion | 100.00% |
Sandhar Technologies Limited Competitors by Market Cap
The table below lists competitors of Sandhar Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Volatus Aerospace Inc
V:FLT
|
$421.78 Million |
|
Zhejiang Jinsheng New Materials Co
SHE:300849
|
$421.87 Million |
|
Beijing Hezong Science&Technology Co Ltd
SHE:300477
|
$421.98 Million |
|
Dare Technology Co Ltd
SHE:000910
|
$422.13 Million |
|
Nueva Expresión Textil S.A.
MC:NXT
|
$421.69 Million |
|
OceanPact Serviços Marítimos S.A
SA:OPCT3
|
$421.68 Million |
|
Codere Online US Corp
NASDAQ:CDRO
|
$421.51 Million |
|
Bajaj Electricals Limited
NSE:BAJAJELEC
|
$421.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sandhar Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 11,393,012,000 to 13,331,268,000, a change of 1,938,256,000 (17.0%).
- Net income of 1,986,593,000 contributed positively to equity growth.
- Dividend payments of 210,667,000 reduced retained earnings.
- Other comprehensive income decreased equity by 487,098,000.
- Other factors increased equity by 649,428,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.99 Billion | +14.9% |
| Dividends Paid | Rs210.67 Million | -1.58% |
| Other Comprehensive Income | Rs-487.10 Million | -3.65% |
| Other Changes | Rs649.43 Million | +4.87% |
| Total Change | Rs- | 17.01% |
Book Value vs Market Value Analysis
This analysis compares Sandhar Technologies Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.93x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 21.84x to 2.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-03-31 | Rs29.66 | Rs647.95 | x |
| 2012-03-31 | Rs26.22 | Rs647.95 | x |
| 2013-03-31 | Rs34.97 | Rs647.95 | x |
| 2014-03-31 | Rs40.68 | Rs647.95 | x |
| 2015-03-31 | Rs50.55 | Rs647.95 | x |
| 2016-03-31 | Rs53.36 | Rs647.95 | x |
| 2017-03-31 | Rs59.46 | Rs647.95 | x |
| 2018-03-31 | Rs123.69 | Rs647.95 | x |
| 2019-03-31 | Rs119.55 | Rs647.95 | x |
| 2020-03-31 | Rs126.67 | Rs647.95 | x |
| 2021-03-31 | Rs133.64 | Rs647.95 | x |
| 2022-03-31 | Rs142.70 | Rs647.95 | x |
| 2023-03-31 | Rs152.92 | Rs647.95 | x |
| 2024-03-31 | Rs168.90 | Rs647.95 | x |
| 2025-03-31 | Rs189.26 | Rs647.95 | x |
| 2026-03-31 | Rs221.45 | Rs647.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sandhar Technologies Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.09%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 2.61x
- Recent ROE (14.90%) is above the historical average (12.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 16.66% | 2.89% | 1.79x | 3.22x | Rs101.15 Million |
| 2012 | 21.45% | 2.66% | 1.96x | 4.11x | Rs152.89 Million |
| 2013 | 10.63% | 1.66% | 1.71x | 3.74x | Rs11.27 Million |
| 2014 | 15.87% | 2.64% | 1.59x | 3.79x | Rs122.50 Million |
| 2015 | 14.77% | 2.61% | 1.60x | 3.53x | Rs123.62 Million |
| 2016 | 12.22% | 2.23% | 1.55x | 3.53x | Rs60.87 Million |
| 2017 | 13.01% | 2.43% | 1.50x | 3.56x | Rs90.58 Million |
| 2018 | 10.25% | 3.34% | 1.23x | 2.50x | Rs15.96 Million |
| 2019 | 13.22% | 4.13% | 1.58x | 2.03x | Rs232.03 Million |
| 2020 | 7.46% | 2.96% | 1.41x | 1.79x | Rs-193.49 Million |
| 2021 | 7.18% | 3.10% | 1.17x | 1.98x | Rs-226.84 Million |
| 2022 | 6.49% | 2.40% | 1.18x | 2.30x | Rs-301.65 Million |
| 2023 | 7.93% | 2.51% | 1.35x | 2.34x | Rs-190.77 Million |
| 2024 | 10.80% | 3.12% | 1.45x | 2.39x | Rs81.18 Million |
| 2025 | 12.43% | 3.65% | 1.39x | 2.45x | Rs277.12 Million |
| 2026 | 14.90% | 4.09% | 1.40x | 2.61x | Rs653.47 Million |
Industry Comparison
This section compares Sandhar Technologies Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $27,707,465,800
- Average return on equity (ROE) among peers: 12.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sandhar Technologies Limited (SANDHAR) | Rs13.77 Billion | 16.66% | 1.52x | $421.78 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $23.31 Billion | 14.07% | 1.36x | $2.47 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $5.19 Billion | 20.62% | 0.68x | $1.21 Billion |
| Balkrishna Industries Limited (BALKRISIND) | $50.08 Billion | 19.16% | 0.36x | $5.21 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $3.52 Billion | 18.62% | 0.78x | $1.02 Billion |
| Bharat Gears Limited (BHARATGEAR) | $590.89 Million | 16.44% | 2.81x | $20.52 Million |
| Bosch Limited (BOSCHLTD) | $98.13 Billion | 4.91% | 0.50x | $13.17 Billion |
| CEAT Limited (CEATLTD) | $33.40 Billion | 12.94% | 1.43x | $1.55 Billion |
| CIE Automotive India Limited (CIEINDIA) | $51.97 Billion | 7.56% | 0.92x | $1.72 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $4.92 Billion | 4.23% | 1.80x | $2.67 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $5.97 Billion | 4.09% | 0.11x | $322.67 Million |
About Sandhar Technologies Limited
Sandhar Technologies Limited, together with its subsidiaries, engages in the manufacturing and assembling of automotive components for the automotive industry in India and internationally. It offers automotive locking and security systems, which include locking systems, latches and hinges, and door handles; automotive vision systems; stampings; operator cabins and structural parts; automotive opt… Read more