Sona BLW Precision Forgings Ltd Share Price

Auto Ancillaries - Others

NSE: SONACOMS Mid Cap ISIN: INE073K01018

As on 31 January 2025 at 14:19 IST

₹502.50

-1.30

(-0.26%)

Sell Buy

About Sona BLW Precision Forgings Ltd

Sona BLW Precision Forgings Ltd (Sona Comstar) is a leading automotive technology company. The company specializes in precision-forged components and electric vehicle systems. It was founded in the year 1995. Sona BLW has grown to become a global leader with a significant international presence in many countries. It serves major automotive manufacturers worldwide. The headquarters of the company is located in Gurugram, Haryana, India. The company's main products include differential assemblies, differential gears, conventional and micro-hybrid starter motors, and EV traction motors. Sona Comstar operates in the Auto Components sector. Read More...

Over 1 Month

-15.93%

Over 6 Months

-25.80%

Over 1 Year

-15.60%

Over 3 Years

-21.57%

Sona BLW Precision Forgings Ltd Summary

Close ₹ 502.50

Open ₹ 503.85

High ₹ 507.30

Low ₹ 500.05

Volume 11,09,777

Net Turnover (in ₹ Cr) ₹ 138.79

52Wk High ₹ 768.65

52Wk Low ₹ 493.35

52Wk High / Low

493.35

768.65

Sona BLW Precision Forgings Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 31,308.15

EPS (TTM) 9.19

Book Value (BV) 82.95

Div. Yield 0.57 %

P/E (TTM) 56.01

Price/Book Value 6.07

Delivery % 49.90 %

Face Value 10

Key Ratios

PE Ratio 85.42

PB Ratio 16.08

EV to Sales 14.37

PEG Ratio 3.47

ROA 15.86

ROE 20.09

Debt-Equity 0.14

Net Profit Margin 16.75

Operating Profit Margin 29.64

Sona BLW Precision Forgings Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	3,208.73	2,687.18	2,150.67	1,568.64	1,043.77
Total Expenses	2,528.71	2,174.71	1,731.76	1,254.74	888.80
Profit Before Tax	671.31	509.11	432.18	300	387.02
Profit After Tax	517.78	395.30	361.54	215.16	360.34
Operating Profit after Depreciation	705.82	529.40	437.16	346.42	180.94

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	2,219.59	1,609.39	1,390.65	1,217.67	1,096.67
Total Non Current Assets	2,457.74	1,759.61	1,620.54	1,376.94	1,218.87
Total Current Assets	1,407.17	1,300.22	975.22	820.95	631.81
TOTAL ASSETS	3,864.91	3,059.82	2,595.76	2,197.89	1,850.68
Total Shareholder's Fund	2,650.33	2,290.20	2,000.30	1,375.93	1,177.94

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	692.75	533.29	444.58	142.72	253.34
Net Cash used in Investing Activities	-471.11	-561.53	-352.26	-156.05	-954.21
Net Cash used in Financing Activities	-174.75	18.75	-63.66	-66.70	766.82

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	2,933.28	2,511.70	1,990.05	1,436.92	539.67
Total Expenses	2,295.35	2,013.71	1,586.55	1,131.67	446.03
Profit Before Tax	629.21	494.62	416.77	291.34	93.65
Profit After Tax	484.48	388.09	353.54	216.04	84.08
Operating Profit after Depreciation	663.32	514.35	420.74	337.05	116.82

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,642.53	1,494.52	1,267.63	1,086.34	363.94
Total Non Current Assets	2,380.85	1,794.78	1,651.49	1,399.67	1,305.32
Total Current Assets	1,204.44	1,181.44	854.19	722.24	260.67
TOTAL ASSETS	3,585.29	2,976.23	2,505.68	2,121.91	1,565.99
Total Shareholder's Fund	2,574.03	2,249.82	1,973.15	1,360.95	1,131.45

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	639.34	500.24	395.38	121.21	160.85
Net Cash used in Investing Activities	-452.51	-512.24	-317.73	-117.43	-886.06
Net Cash used in Financing Activities	-190.61	20.17	-62.35	-78.62	759.50

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	867.91	922.19	891.18	884.13	781.80
Total Expenses	633.74	670.18	641.87	637.14	549.27
Profit Before Tax	203	191.78	188.87	188.63	169.04
Profit After Tax	150.71	143.58	141.71	148.08	133.60
Operating Profit after Depreciation	281.02	275.95	258.12	255.60	232.29

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	786.36	839.80	830.07	793.40	708.33
Total Expenses	570.30	606.07	590.56	570.30	493.76
Profit Before Tax	189.73	178.22	201.58	169.09	155.48
Profit After Tax	140.59	132.30	154.96	130.59	121.77
Operating Profit after Depreciation	261.25	256.02	265.61	229.48	213.65

Sona BLW Precision Forgings Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 494.67

S2 485.53

S3 474.17

Pivot 506.03

R1 515.17

R2 526.53

R3 535.67

Moving Average

20 SMA 553.15

50 SMA 604.11

100 SMA 650.14

200 SMA 656

Sona BLW Precision Forgings Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Sona BLW Precision Forgings Ltd

₹1.53/Share

Announcement Date 14 Jun 2024

Record Date 14 Jun 2024

Div Yield 15.3%

AGM Date: 14 Jul 2022

26th Annual General Meeting (AGM) Notice. This is in reference of our letter dated 14th July, 2022 and 20th June, 2022. We wish to inform that all the 8 (eight) resolutions, placed before the shareholders in the 26th Annual General Meeting (AGM) of Sona BLW Precision Forgings Limited (the Company) have been passed with the requisite majority. We are enclosed herewith the Scrutinizer Report and the Voting Result under Regulations 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. (As Per BSE Announcement Dated on 15/07/2022) Sona BLW Precision Forgings Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 16.07.2022)

AGM Date: 19 Jul 2023

Newspaper Notice We wish to inform that: 1. 27th AGM of Sona BLW Precision Forgings Limited (the Company) will be held on Wednesday, 19th July, 2023 at 12.00 Noon (IST), through Video Conference ('VC')/ Other Audio Visual Means ('OAVM'). The copy of the Notice of the 27th AGM is enclosed herewith. 2. Cut-off date for remote e-voting is Wednesday, 12th July, 2023. The remote e-voting shall commence on Sunday, 16th July, 2023 at 9.00 a.m. (IST) and will end on Tuesday, 18th July, 2023 at 5.00 p.m. (IST). (As per BSE Announcement Dated on 24/06/2023) Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in compliance with Circular No. 10/2022 dated 28th December, 2022 read with Circular No. 20/2020 dated 5th May, 2020 issued by Ministry of Corporate Affairs, we hereby enclose copies of the Notice for the attention of the Equity Shareholders of the Company published on 26th June, 2023 in Business Standard (English and Hindi) newspapers in respect of information regarding 27th Annual General Meeting scheduled to be held on Wednesday, 19th July, 2023 at 12.00 Noon (IST) through Video Conference (VC) / Other Audio-Visual Means (OAVM). (As Per BSE Announcement Dated on 27/06/2023) Scrutinizer Report (As per BSE Announcement Dated on 20/07/2023)

AGM Date: 28 Jun 2024

AGM 28/06/2024 Annual Report (As Per BSE Announcement Dated on: 04/06/2024) Proceeding of 28th AGM of the Company held on 28th June, 2024. (As per BSE Announcement Dated on 28/06/2024) Scrutinizer report along with e-voting results for 28th AGM (As Per BSE Announcement Dated on 02.07.2024)

Sona BLW Precision Forgings Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Sona BLW Precision Forgings Ltd	₹503.55	₹31,292.62
Samvardhana Motherson International Ltd	₹138.80	₹97,663.78
Bosch Ltd	₹28,596.65	₹84,341.93
Uno Minda Ltd	₹906.65	₹52,056.57
Exide Industries Ltd	₹360.10	₹30,608.50
Endurance Technologies Ltd	₹1,980.95	₹27,864.61

Sona BLW Precision Forgings Ltd News

Sona BLW Precision Forgings allots 2.75 lakh equity shares under ESOP

28 Jan 2025, 09:08 am

Board of Sona BLW Precision Forgings recommends interim dividend

Of Rs 1.6 per share

24 Jan 2025, 09:42 am

Sona BLW Q3 PAT gains 14% YoY to Rs 151 crore

Sona BLW Precision Forgings reported a 13.93% increase in consolidated net profit to Rs 151.19 crore on 11.02% rise in revenue from operations to Rs 867.91 crore in Q3 FY25 over Q3 FY24.

24 Jan 2025, 10:37 am

Board of Sona BLW Precision approves appointment of directors

At meeting held on 23 January 2025

23 Jan 2025, 07:06 pm

Board of Sona BLW Precision approves change in shareholding

At meeting held on 23 January 2025

23 Jan 2025, 07:05 pm

Sona BLW Precision Forgings Ltd Stock Analysis

Annual revenue for Sona BLW Precision Forgings Ltd increased by 16.78% to ₹2,933.28 crore in FY 2024 from ₹2,511.70 crore in FY 2023.
Annual Net Profit for Sona BLW Precision Forgings Ltd increased by 24.84% to ₹484.48 crore in FY 2024 from ₹388.09 crore in FY 2023.
Promoter Shareholding in Sona BLW Precision Forgings Ltd decreased by 0.03% in the most recent quarter, from 28.04% in September 2024 to 28.03% in December 2024.
Sona BLW Precision Forgings Ltd delivered a 1-year return of -15.60% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
Sona BLW Precision Forgings Ltd share price moved down by 0.26% from its previous close of INR ₹503.80. The latest Sona BLW Precision Forgings Ltd share price is INR ₹502.50.
Sona BLW Precision Forgings Ltd share price today has been at a low of 500.05 and a high of 507.30. Over the past 52 weeks, the Sona BLW Precision Forgings Ltd share price has seen a low of 493.35 and a high of 768.65.

About Sona BLW Precision Forgings Ltd

Sona BLW Precision Forgings Ltd is also called Sona Comstar. It is a leading automotive technology company. The company specializes in precision-forged components and electric vehicle systems. It falls under the Auto Components sector and has established itself as a prominent player in the automotive manufacturing industry.

The company was initiated in the year 1995. Sona Comstar has been in business for many decades. The company's headquarters is located in Gurugram, Haryana, India.

The company's main products include differential assemblies, differential gears, and conventional and micro-hybrid starter motors. It also provides EV traction motors and other precision-forged components. Sona Comstar has emerged as India's largest manufacturer of differential gears. Also, it is one of the top two manufacturers of differential assemblies globally. The company holds a significant market share in the global differential gear market.

The promoter shareholding of the company stands at 28.04%, which is entirely held by Aureus Investment Private Limited. This indicates strong promoter confidence in the business.

The registered office of the company is located at Sona Enclave, Gurugram-122004, Haryana, India. Its registrar and transfer agent is KFin Technologies Limited. The key managerial promoters of the company include:

Sunjay Kapur
Vivek Vikram Singh
Amit Dixit
Jeffrey Mark Overly
Prasan Abhaykumar Firodia

The company has established itself as a global leader in precision-forged solutions. Also, it is well-positioned in the growing electric vehicle component market.

Foreign Dealing of the Company

Sona BLW Precision Forgings Ltd (Sona Comstar) has established a significant global footprint in the automotive components industry. The company's international operations span multiple continents. This demonstrates its commitment to serving global automotive manufacturers and expanding its presence in key markets worldwide.

Global Manufacturing Presence
The company operates through strategically located manufacturing facilities across many countries. Besides its Indian facilities, Sona Comstar has manufacturing units in China, Mexico, and the USA. These international manufacturing locations help the company stay closer to its global customers and optimize logistics costs while ensuring timely deliveries. The diverse manufacturing footprint also helps in risk mitigation and provides operational flexibility.

International Customer Base
Sona Comstar serves many of the world's leading automotive manufacturers. The company has established strong relationships with global OEMs (Original Equipment Manufacturers). This includes major players from Europe, North America, and Asia. Their client portfolio includes prestigious names in both conventional vehicles and electric vehicle segments. This diverse customer base across geographies helps the company maintain steady revenue streams and reduces dependence on any single market.

Export Performance
Exports constitute a significant portion of Sona Comstar's revenue. The company exports to over 25 countries. This makes it one of India's leading auto component exporters. Their strong export performance is particularly notable in differential gears and starter motors, where they have captured substantial global market share.

Technology Collaborations
The company has fostered several international technology partnerships and collaborations. These relationships have helped Sona Comstar stay at the forefront of automotive technology, particularly in the emerging electric vehicle segment. The company has investments in research and development facilities across different countries. This enables it to develop products that meet global standards and future mobility requirements.

Market Position in Different Regions
Sona Comstar has established a commanding presence across major global markets. In North America, the company has become the go-to supplier for differential assemblies and gears. This helps it to earn the trust of major automotive manufacturers. The European market has embraced its high-precision forged components and innovative EV systems. This recognizes their superior quality and technological advancement. The company has captured a large market share in both starter motors and EV traction motors in the Asia-Pacific region. This significant market share demonstrates their ability to compete in diverse and competitive markets.

Strategic Growth Initiatives
The company's international footprint has been significantly strengthened through carefully planned acquisitions and strategic partnerships. A key milestone was the acquisition of Comstar Automotive Technology, which expanded its product portfolio and technological capabilities. The strategic investment from global private equity giant Blackstone has been transformative. It provides not just capital but also access to global networks, expertise, and enhanced credibility in international markets.

Financial Risk Management
To navigate the complexities of international operations, Sona Comstar employs sophisticated financial management strategies. Their comprehensive foreign exchange management system includes various hedging mechanisms to protect against currency volatility. This proactive approach to financial risk management has helped the company maintain consistent profitability across its global operations while supporting sustainable international growth.

Sona Comstar's international operations demonstrate its evolution from an Indian auto component manufacturer to a global automotive technology company. The company has strong export performance, a diverse manufacturing presence, and strategic international partnerships. This has positioned it well for future growth in the global automotive market.

As the automotive industry undergoes changes with a shift towards electric vehicles, Sona Comstar has also strengthened its global presence through its technological capabilities. This makes it well-positioned to capitalize on new opportunities across international markets.