Sona BLW Precision Forgings Share Price
SONACOMS
Sona BLW Precision Forgings Share Price Chart
About Sona BLW Precision Forgings
Sona BLW Precision Forgings Financials
Market cap ₹41,947 Crs | Open ₹678.40 | Close ₹675.00 |
Circuit range ₹742.50 - ₹607.50 | Day range ₹667.10 - ₹678.40 | Year range ₹531.60 - ₹768.65 |
Volume 6,59,070 | Avg. traded ₹671.21 | Revenue (12m) ₹3,479 Crs |
Sona BLW Precision Forging is a leading automotive technology company in India delving into both precision forging and electrical vehicle component segments.
The company ranked among the top ten global players in the differential bevel gear market in 2020. It cornered nearly 5% of the global business for differential bevel gears, and 3% for starter motors and 8.7% for BEV differential assemblies in 2020.
From its manufacturing and assembly facilities, it caters to six out of the world’s 10 leading global passenger vehicle original equipment manufacturers (OEMs), three of the ten leading global commercial vehicle OEMs and seven of the top eight global tractor OEMs by volume.
The company's journey began In 1995 with the incorporation of Sona Okegawa Precision Forgings Ltd – a 75:25 joint venture between the Sona Group and Mitsubishi Materials, a pioneer in the warm forged near net-shaped gears manufacturing technology.
In 1998, the company began production of differential bevel gears at its first plant in Gurugram, Haryana. The next year it launched a manufacturing plant in Chennai, Tamil Nadu.
In 2005, the company established a manufacturing plant in Pune, in which Sona Autocomp Holding Private Limited became a majority shareholder.
The company took over multinational engineering firm Thyssenkrupp’s precision forging business in 2008, its first tie-up with a top international brand.
In 2013, the company was rechristened as Sona BLW Precision Forgings Limited and started a final assembly and finishing plant in Kansas, United States.
In 2013, the company was rechristened as Sona BLW Precision Forgings Limited and started a final assembly and finishing plant in Kansas, United States.
Within three years, the company launched the final assembly and finishing plant in China and JM Financial Trustee became an investor.
In 2017, it opened a final assembly and finishing plant in the North American nation Mexico.
In 2019, Sona BLW acquired Comstar Entities, adopted “Sona Comstar” as the brand name, and operations commenced at its new differential assembly plant located in Manesar, Haryana.
The company was listed on the Indian Stock Exchanges in 2021. Sona BLW’s market capitalisation stood at over ₹ 37,700 crore as of December 29, 2023. Sona BLW share price has gained more than 54% in the last one year.
Sona BLW Precision Forging business operations
Sona BLW Precision Forging owns and operates nine manufacturing and assembly facilities – six of them in India, and the other three in China, Mexico and the US. The Indian facilities are manufacturing units and the overseas facilities function as satellite final assembly and finishing centres.
The plants in Chennai, China, Mexico and US churn out electrical business products, while the remaining five units in India produce driveline business products.
The company has come up with a new business vertical - sensors and software. It has three engineering capability centres. The company also has four research and development centres in India and Serbia.
The company designs and produces highly engineered critical automotive systems and parts including differential assemblies and gears, besides conventional and micro-hybrid starter motors. It also designs and manufactures BSG systems, EV traction motors and motor control units to automobile original equipment makers in US, Europe, India and China for both electrified and non-electrified powertrain categories.
Financial highlights
- The company’s revenue surged 26% to ₹2675.6 in FY23 compared to ₹2130.6 crore in FY22.
- Its EBITDA (earnings before interest, taxes, depreciation, and amortization) increased to ₹695.8 crore in FY23 from ₹559.1 crore in FY22, representing a year-on-year growth of 24.45%
- EBITDA margin stood at 26% in FY23 compared to 26.2% in FY22.
- Profit after tax (PAT) increased 9.3% YoY to ₹395.3 crore in FY23 from ₹361.5 crore in FY22.
- The company's earnings per share (EPS) stood at ₹6.76 in FY23 as against ₹6.22 in FY22.
- The company’s total orderbook stood at ₹21,500 crore in FY23.
Sona Blw Precision Forgings Key indicators
52 week high ₹768.65 | 52 week low ₹531.60 | P/E ratio 69.97 |
P/B ratio 8.18 | ROE 20.17% | ROCE 24.82% |
Dividend yield 0.44% | Debt/Equity ratio 0.09 | EPS 8.26 |
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Analyst ratings:
Analyst ratings:
88%
Hold
12%
Sell
0%
This analysis is based on the reviews of 16 experts in the last 7 days
Sona BLW Precision Forgings Fundamentals
Sona BLW Precision Forgings Financial Ratios
Operating profit margin29.93% | Net profit margin16.75% |
ROE20.17% | ROA14.25% |
ROCE24.82% |
Quick ratio1.28 | Current ratio1.66 |
Interest coverage25.78 | Asset turnover0.85 |
Debt to Equity0.09 |
P/E ratio69.97 | P/B ratio8.18 |
EV / EBITDA47.83 | |
Dividend yield0.44% |
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Revenue statement
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Sona Blw Precision Forgings Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Thu, Dec 5 2024 | ₹692.70 | ₹675.00 | -2.05% |
Wed, Dec 4 2024 | ₹673.00 | ₹689.15 | |
Tue, Dec 3 2024 | ₹680.70 | ₹672.70 | -0.50% |
Mon, Dec 2 2024 | ₹671.00 | ₹676.05 | |
Fri, Nov 29 2024 | ₹666.00 | ₹671.60 | |
Thu, Nov 28 2024 | ₹675.70 | ₹664.70 | -1.35% |
Wed, Nov 27 2024 | ₹683.80 | ₹673.80 | -0.30% |
Tue, Nov 26 2024 | ₹672.50 | ₹675.85 |
Events
Corporate actions
Dividend • ₹1.53/share
Ex date 14 Jun 2024
Dividend • ₹1.53/share
Ex date 05 Feb 2024
Dividend • ₹1.53/share
Ex date 30 Jun 2023
Dividend • ₹1.28/share
Ex date 06 Feb 2023
Dividend • ₹0.77/share
Ex date 29 Jun 2022
Dividend • ₹0.77/share
Ex date 11 Feb 2022
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Sona BLW Precision Forgings Futures & Options
Expiry dates | Current price | Change % |
---|---|---|
SONACOMS 700 CE 26 DEC 24 | ₹9.65 | -₹2.90 (-23.11%) |
SONACOMS 650 PE 26 DEC 24 | ₹11.35 | |
SONACOMS 620 PE 26 DEC 24 | ₹4.80 | |
SONACOMS 740 CE 26 DEC 24 | ₹3.00 | -₹1.00 (-25%) |