Sona BLW Precision Forgings Ltd
Sona BLW Precision Forgings is an India-based automotive technology company. The company is engaged in designing, manufacturing and supplying engineered automotive systems and components such as differential assemblies, gears, conventional and micro-hybrid motors, BSG systems and EV Traction motors across all vehicle categories. The company develops mechanical and electrical hardware systems, components as well as base and application software solutions.
Strengths
- +Company is almost debt free.
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 24.8% CAGR over last 5 years
- +Company has been maintaining a healthy dividend payout of 34.7%
- +Company's median sales growth is 24.3% of last 10 years
Weaknesses
- −Promoter holding has decreased over last 3 years: -4.98%
- −Working capital days have increased from 106 days to 161 days
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 29.71% | 28.04%▼1.7 | 28.03%▼0.0 | 28.02%▼0.0 | 28.02% | 28.02% | 28.02% | 28.01%▼0.0 |
| FIIs | 32.03% | 33.55%▲1.5 | 33.25%▼0.3 | 29.91%▼3.3 | 29.75%▼0.2 | 23.47%▼6.3 | 23.89%▲0.4 | 23.7%▼0.2 |
| DIIs | 29.5% | 30.95%▲1.4 | 31.15%▲0.2 | 34.43%▲3.3 | 34.6%▲0.2 | 40.13%▲5.5 | 40.74%▲0.6 | 41.46%▲0.7 |
| Public | 8.75% | 7.44%▼1.3 | 7.57%▲0.1 | 7.62%▲0.0 | 7.64%▲0.0 | 8.37%▲0.7 | 7.35%▼1.0 | 6.82%▼0.5 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 708 | 793 | 830 | 840 | 786 | 770 | 767 | 1,057 | 1,128 | 1,172 |
| Expenses | 494 | 570 | 591 | 606 | 570 | 555 | 575 | 786 | 836 | 887 |
| Operating Profit | 215 | 223 | 240 | 234 | 216 | 215 | 192 | 271 | 292 | 285 |
| OPM % | 30% | 28% | 29% | 28% | 27% | 28% | 25% | 26% | 26% | 24% |
| Net Profit | 122 | 131 | 155 | 132 | 141 | 152 | 120 | 166 | 153 | 207 |
| EPS ₹ | 2.08 | 2.23 | 2.64 | 2.13 | 2.26 | 2.44 | 1.93 | 2.67 | 2.46 | 3.33 |
AI Insights
Mar 2026 revenue at ₹4,124Cr, up 27.8% YoY. OPM at 25%.
Borrowings at ₹363Cr. Debt-to-equity ratio: 0.07x. Healthy balance sheet.
CWIP at ₹86Cr (3% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 41.46% (+13.26pp change). FIIs: 23.7% (-7.98pp change). Promoters hold 28.01%.
ROCE declining from 18% (Mar 2015) to 16% (Mar 2026). Working capital days: 161.
PE 51.6x with 15.8% ROCE. Price is 505% above book value of ₹93.9. Dividend yield: 0.59%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 6 May - Earning Call Transcript for Investor Call held for quarterly and financial year ended 31st March, 2026.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 5 May - Allotment of equity shares under the PSP 2025 of the Company.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1 May
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 1 May - Audio/video recording shared for Q4 and FY26 investor call held April 30, 2026.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 30 Apr - Q4 FY26 revenue rose 47% to Rs 1,272 crore; four new driveline orders added to order book.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse