loader2
Partner With Us NRI

Company details

439.90
446.95
426.45
839.15
6M Return -16.17%
1Y Return -41.25%
Mkt Cap.(Cr) 26,097.21
Volume 10,354
Div Yield 0.35%
OI
-
OI Chg %
-
Volume 10,354

Open Free Demat Account Online with ICICIDIRECT

SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Rapid Results

Q2FY23 Quarterly Result Announced for Sona BLW Precision Forgings Ltd.

Auto parts & equipment company Sona BLW Precision Forgings announced Q2FY23 results:

  • Q2FY23:
    • Revenue of Rs. 657 crore with 12% YoY growth
    • Battery Electric Vehicles (BEV) revenue of Rs. 131 crore with 6% YoY growth
    • EBITDA of Rs. 166 crore with an EBITDA margin of 25.2%
    • PAT of Rs. 93 crore with a net profit margin of 14.1%
  • H1FY23:
    • Revenue of Rs. 1,247 crore with 15% YoY growth
    • 25% revenue share from Battery Electric Vehicles (BEV), BEV revenue growth of 33% YoY
    • EBITDA of Rs. 308 crore with an EBITDA margin of 24.7%
    • PAT of Rs. 168 crore with a net profit margin of 13.5%
    • The net order book increased to Rs. 20,500 crore from Rs. 18,600 crore as of March 31st, 2022

Commenting on the performance, Mr Vivek Vikram Singh, MD & Group CEO, said: "Despite the macro headwinds and high material prices, we delivered our highest quarterly revenue, EBITDA and net profit in Q2 FY23, demonstrating our solid, resilient, diversified and low fixed cost business model. Our revenue grew 12% YoY in the second quarter, ahead of the light vehicle sales growth in our key markets, driven by the scale-up of revenues from new programs. Despite the high material prices, the EBITDA margin improved QoQ to 25.2%. We continue to progress on our key strategic priorities. Our net order book remains strong at Rs. 20,500 crores, of which EVs now contribute more than two-thirds. We continue to direct our R&D efforts towards creating ground-breaking products for our customers. Last quarter, we developed and commercialized net-formed Spiral bevel gears, perhaps for the first time in the world."

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 2,000.29 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 1,086.92 31,630.28
LAST 3M 26,106.69 27,748.51
LAST 6M 51,912.10 30,983.40
LAST 12M 200,397.72 -159,835.95
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Jun 29, 2022 Dividend 7.7
Feb 11, 2022 Dividend 7.7

Information

  • About Company
  • Company Info
  • Listing Info
71.94
53.59%
36.2377
22.56%
21.42%
Description
  • Sona BLW Precision Forgings Ltd. manufactures differential case assemblies and forged bevel gears. It was incorporated on October 27, 1995, with its headquarters in Gurugram, Haryana. The leading faces in the Sona BLW’s top management are Rohit Nanda, Sunjay Kapur, Shradha Suri, Venkata Rama Subbu Behara, and others. As of 31 March 2022, Sona BLW disclosed a quarterly net income of Rs 104.66 crore. Its shares are listed on the National Stock Exchange (script code: SONACOMS) and the Bombay Stock Exchange (BOM code: 543300). 

    Sona BLW product line includes belt starter generator systems, electric vehicle traction motors, micro-hybrid starter motors, and a few more. It currently has its manufacturing units in India, China, the United States, and Mexico. 

    Sona BLW Precision Forgings Ltd.’s revenue saw an average yearly growth of 33.63% over the past five years. The figure is much better than sectoral performance, which grew merely at a 6.53% rate. In FY 2022, Sona BLW posted a net income of Rs 361.54, which is Rs 146.38 crore more than the previous financial year. The earnings per share (EPS) for the past five consecutive financial years are Rs 2.33, Rs 5.20, Rs 8.02, Rs 3.78, and Rs 6.22, respectively. Now let’s move to the Sona BLW’s balance sheet. In FY21, the company reported its assets worth Rs 2,174.84 crore. Out of that, its current assets were Rs 820.96 crore, and the remaining were fixed assets. The company’s non-current liabilities for the same duration were recorded at Rs 397.55. However, the company’s liquidity position in FY21 was unsatisfactory, with a negative free cash flow of Rs 76.21 crore.

    On 23 May 2022, the Sona BLW share price on NSE reported a closing price of Rs 539.05. Sona BLW Precision Forgings Ltd.’s share price has been fluctuating for the past 52 weeks. During this period, Sona BLW share made a high of Rs Rs 839.90, while the low was recorded at Rs 295. If you plan to invest in Sona BLW share price today, be aware that its volatility is 3.38 times that of the Nifty. The company’s peers on the stock exchange are Bosch Ltd., Minda Industries Ltd., Mothersons Sumi Systems Ltd., and Schaeffler India Ltd. 

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Read More

Registered Address

Sona Enclave Village, Begumpur Khatola Sector 35, Gurugram, Haryana, 122004

Tel : 91-0124-4768200
Email : investor:sonacomstar.com
Website : http://www.sonacomstar.com

Registrar

KFin Techologies Ltd

AGM Date (Month) :
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543300
NSE Code : SONACOMS
Book Closure Date (Month) :
BSE Group : A
ISIN : INE073K01018

ICICIdirect Sona BLW Precision Forgings Ltd FAQ

You can buy Sona BLW Precision Forgings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sona BLW Precision Forgings Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Nov 28, 2022 10:41 AM the closing price of Sona BLW Precision Forgings Ltd was ₹ 446.60.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Nov 28, 2022 10:41 AM, the market cap of Sona BLW Precision Forgings Ltd stood at ₹ 26,097.21.
The latest PE ratio of Sona BLW Precision Forgings Ltd as of Nov 28, 2022 10:41 AM is 71.94
The latest PB ratio of Sona BLW Precision Forgings Ltd as of Nov 28, 2022 10:41 AM is 0.08
The 52-week high of Sona BLW Precision Forgings Ltd is ₹ 839.15 while the 52-week low is ₹ 426.45 .

Thank you for subscribing to Equity/ Equity Research/MF/FnO Newsletter. You will hear from us shortly.

for your vote

CLOSE