Sona BLW Precision

₹413.5 -0.3 | 0.1%

WEBSITE BSE:543300 NSE : SONACOMS 23 Mar, 16:01

Market Cap ₹24206 Cr.

Stock P/E 63.6

P/B 10.9

Current Price ₹413.5

Book Value ₹ 38

Face Value 10

52W High ₹694

Dividend Yield 0.37%

52W Low ₹ 397.4

Edit Ratio

Sona BLW Precision Research see more...

Equity Research Report - SONA BLW PRECISION FORGINGS LTD

Overview Inc. Year: 1995Industry: Auto Ancillary

Sona BLW Precision Forgings Ltd manufactures and sells systems and components for the automotive enterprise in India and the world over. The corporation offers traction automobiles, controllers, distinctive bevel gears, specific assemblies, controllers, pressure cars, hub wheel vehicles, drive cars, axles, starter motors, belt starter generators, alternators, reverse idlers, portal axle gears, couplings/sleeves, gear container gears, traditional and micro-hybrid starter, BSG systems, EV traction cars, and motor control devices. Its products are utilized in passenger and commercial cars, off-highway vehicles, electric powered motors, electric mild business cars, and electric powered two and three wheelers. The company was previously known as Sona Okegawa Precision Forgings Ltd. and changed its name to Sona BLW Precision Forgings Ltd in 2013. The enterprise incorporated in 1995 and is based in Gurugram, India.

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Sona BLW Precision Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Net Sales	501	586	494	550	584	653	675
Other Income	0	1	5	14	6	7	13
Total Income	501	586	499	564	590	660	688
Total Expenditure	362	431	364	415	447	492	499
Operating Profit	139	155	136	150	144	169	189
Interest	9	3	3	3	3	4	5
Depreciation	33	36	36	37	40	43	47
Exceptional Income / Expenses	13	0	0	0	0	0	0
Profit Before Tax	110	117	97	109	101	121	137
Provision for Tax	28	28	10	4	25	29	30
Profit After Tax	82	88	86	105	76	93	107
Adjustments	0	0	0	0	0	0	0
Profit After Adjustments	82	88	86	105	76	93	107
Adjusted Earnings Per Share	1.4	1.5	1.5	1.8	1.3	1.6	1.8

Sona BLW Precision Profit & Loss

#(Fig in Cr.)	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Net Sales	623	812	1038	1566	2131	2462
Other Income	3	3	6	2	20	40
Total Income	626	815	1044	1569	2151	2502
Total Expenditure	433	499	796	1125	1572	1853
Operating Profit	193	316	248	443	579	652
Interest	18	18	26	33	18	15
Depreciation	22	31	67	97	142	167
Exceptional Income / Expenses	0	0	232	-14	13	0
Profit Before Tax	153	267	387	300	432	468
Provision for Tax	76	94	27	85	71	88
Profit After Tax	76	173	360	215	362	381
Adjustments	-1	0	0	0	0	0
Profit After Adjustments	75	173	360	215	362	381
Adjusted Earnings Per Share	2.3	0	0	3.8	6.2	6.5

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	36%	38%	0%	0%
Operating Profit CAGR	31%	22%	0%	0%
PAT CAGR	68%	28%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-40%	NA%	NA%	NA%
ROE Average	21%	31%	59%	59%
ROCE Average	24%	30%	38%	38%

Sona BLW Precision Balance Sheet

#(Fig in Cr.)	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Shareholder's Funds	-2	174	1178	1376	2000
Minority's Interest	3	2	0	0	0
Borrowings	415	73	177	191	44
Other Non-Current Liabilities	374	29	168	175	168
Total Current Liabilities	577	1354	328	456	457
Total Liabilities	1366	1633	1851	2198	2669
Fixed Assets	694	291	1065	1217	1384
Other Non-Current Assets	32	29	154	160	236
Total Current Assets	640	1312	632	821	1049
Total Assets	1366	1633	1851	2198	2669

Sona BLW Precision Cash Flow

#(Fig in Cr.)	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Opening Cash & Cash Equivalents	28	26	39	105	25
Cash Flow from Operating Activities	123	155	253	143	445
Cash Flow from Investing Activities	-138	204	-954	-156	-353
Cash Flow from Financing Activities	9	-346	767	-67	-64
Net Cash Inflow / Outflow	-6	13	66	-80	27
Closing Cash & Cash Equivalent	26	39	105	25	54

Sona BLW Precision Ratios

#	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Earnings Per Share (Rs)	2.3	0	0	3.76	6.19
CEPS(Rs)	2.97	6.13	7.55	5.45	8.62
DPS(Rs)	0	0	9.63	18.93	1.54
Book NAV/Share(Rs)	-0.07	0	0	23.93	34.12
Core EBITDA Margin(%)	30.55	38.51	23.34	28.16	26.24
EBIT Margin(%)	27.41	35.11	39.79	21.23	21.14
Pre Tax Margin(%)	24.54	32.92	37.29	19.15	20.28
PAT Margin (%)	12.27	21.3	34.72	13.74	16.97
Cash Profit Margin (%)	15.85	25.11	41.18	19.93	23.63
ROA(%)	5.59	11.53	20.69	10.63	14.86
ROE(%)	0	201.81	53.34	16.88	21.49
ROCE(%)	33.05	68.2	45.83	20.63	23.64
Receivable days	164.59	97.34	67.82	75.81	73.85
Inventory Days	166.3	79.05	46.42	58.47	57.3
Payable days	769.93	355.12	75.95	96.25	85.52
PER(x)	0	0	0	0	109.77
Price/Book(x)	0	0	0	0	19.9
Dividend Yield(%)	0	0	0	0	0.23
EV/Net Sales(x)	0.84	0.18	0.18	0.58	18.62
EV/Core EBITDA(x)	2.69	0.47	0.75	2.05	68.52
Net Sales Growth(%)	0	-66.9	27.84	50.9	36.03
EBIT Growth(%)	0	48.62	44.89	-19.49	35.46
PAT Growth(%)	0	126.26	108.34	-40.29	68.03
EPS Growth(%)	0	0	0	-41.03	64.76
Debt/Equity(x)	-219.17	0.84	0.26	0.27	0.04
Current Ratio(x)	1.11	0.97	1.93	1.8	2.29
Quick Ratio(x)	0.62	0.92	1.33	1.13	1.5
Interest Cover(x)	9.53	16.05	15.9	10.23	24.67
Total Debt/Mcap(x)	0	0	0	0	0

Sona BLW Precision Shareholding Pattern

#	Sep 2017	Sep 2018	Nov 2019	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Promoter	100	100	67.44	67.3	67.3	67.18	67.18	67.18	53.59	53.53
FII	0	0	0	13.89	10.38	9.77	8.79	8.8	11.56	11.27
DII	0	0	0	15.16	16.44	15.97	16.42	16.12	24.53	24.37
Public	0	0	32.56	3.65	5.88	7.08	7.61	7.9	10.33	10.83
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Sep 2017	Sep 2018	Nov 2019	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Promoter	2.77	2.77	1.87	39.26	39.26	39.26	39.26	39.26	31.31	31.31
FII	0	0	0	8.1	6.05	5.71	5.14	5.14	6.75	6.59
DII	0	0	0	8.84	9.59	9.33	9.6	9.42	14.33	14.26
Public	0	0	0.9	2.13	3.43	4.14	4.45	4.62	6.03	6.33
Others	0	0	0	0	0	0	0	0	0	0
Total	2.77	2.77	2.77	58.33	58.33	58.44	58.44	58.44	58.44	58.5