Sona BLW Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

Indian auto technology company Sona BLW Precision Forgings It plans, makes and sells designed car frameworks and parts; differential gatherings, gears, regular and miniature mixture engines, BSG frameworks as well as EV footing engines in all vehicle sections. It creates mechanical and electrical equipment frameworks alongside their parts alongside both the base and applied programming arrangements in the organization.

Sona BLW Share Price Target 2024-2030

In 1995, Sona BLW Precision Forgings Ltd laid out the beginning of tasks in association with Mitsubishi Metal Company Restricted and has been fabricating auto parts starting around 1998 when they set up their most memorable plant at Gurugram, Haryana where they began delivering differential slope gears. Sona BLW Offer Cost target 2025 is towards the positive side of the direction in the securities exchange and in forthcoming years, NSE: SONACOMS is anticipated to give a decent profit from venture.

Sona BLW Share Price Target Today Update

In 1995, Sona BLW Precision Forgings Ltd. collaborated with Mitsubishi Metal Corporation Limited to begin its journey. It has been an auto parts maker starting around 1998 with its most memorable plant in Gurugram, Haryana to create differential slope gears. Afterward, Sona BLW or Sona Comstar sent off its assembling plants in Chennai and Pune in 1999 and 2005, separately.

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Sona BLW Latest News

  • Investors have been disappointed by today’s Sona BLW Share Price, which is down 20 points, or 2.91 percent, from its opening price per share of 694 early on Monday, March 3, 2024. Sona BLW turns into the first to get PLI conspire accreditation.
  • For its hub wheel drive motor (Two Wheelers), the manufacturer of automotive parts received this Auto Production Linked Incentive certificate from the Ministry of Heavy Industries.

Sona BLW Business Profile

In FY19 the organization procured Comstar substances that are perhaps of the most perceived maker and architects of charging frameworks; subsequently from that time hence, the association was named Sona Comstar.

Products

The organization’s product offering can be sectioned into two areas: driveline parts like differential get together and gears as well as engines.

  • Driveline parts segment-The Organization makes racket gatherings and accuracy fashioned angle pinions for differentials of both electric and non-jolted business vehicles, traveler vehicles, off-thruway vehicles and three-wheelers.
  • Motors segment- The organization makes starter engines for ordinary and miniature crossover vehicles as well as footing engines for electric vehicles (EVs) and engine control units for half breed electric vehicles (HEVs) and electric vehicles (EVs).

Manufacturing Facilities

Up until 9MFY24, 9 assembling plants, 4 Research and development focuses, 8 Stockrooms, 3 Designing Ability Place, and 1 Instrument and Kick the bucket Shop were descending upon the organization. The company is a manufacturer with locations in China, India, Mexico, and the United States.

Clientele Base

Ashok Leyland, Daimler, M&M, Escorts Mahindra Electric, Renault Nissan, Maruti Suzuki, and Volvo, as well as Volvo Eicher, are just a few of the companies. Seventy-nine percent of the company’s revenue is generated by its top ten clients.

R&D activities

5.8% of FY21 incomes were involved by the organization for Research and development exercises which represented 915 Million rupees. Digital simulations, testing, and validation facilities have been established at three R&D centers in Gurugram and Chennai, India, by 186 on-call employees working in R&D.

Sona BLW Share Fundamentals & Quarterly Results

Metric Value
Market Cap ₹ 42,213 Cr.
Current Price ₹ 720
High / Low ₹ 765 / 488
Stock P/E 87.2
Book Value ₹ 43.9
Dividend Yield 0.43 %
ROCE 23.8 %
ROE 20.1 %
Face Value ₹ 10.0
Debt to Equity 0.15
Debt Capacity 0.04
Debt Preceding Year ₹ 291 Cr.
Debt ₹ 388 Cr.
Reserves ₹ 1,988 Cr.
EPS ₹ 8.26
EPS Last Year ₹ 8.26
Pledged Percentage 0.00 %
FCF Prev Ann ₹ 166 Cr.
EV/EBITDA 49.5
Industry PE 36.7
PEG Ratio 2.37
Piotroski Score 6.00
Earnings Yield 1.53 %
Sales Growth 5 Years 32.8 %

Sona BLW Quarterly Results

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Sales 494 533 599 616 699 674 716 708 793
Expenses 378 412 453 456 510 488 516 494 570
Operating Profit 116 122 147 160 189 186 201 215 223
OPM % 24% 23% 24% 26% 27% 28% 28% 30% 28%
Other Income 48 6 7 13 35 4 24 -1 6
Interest 3 3 4 5 5 5 6 7 7
Depreciation 35 37 40 44 45 48 50 51 53
Profit before tax 126 88 110 123 174 136 168 155 169
Tax % 1% 25% 24% 23% 17% 26% 22% 22% 23%
Net Profit 124 66 83 96 144 102 130 122 131
EPS in Rs 2.13 1.12 1.42 1.63 2.45 1.74 2.23 2.08 2.23

CAGR Report

10 Years 5 Years 3 Years TTM / 1 Year
Compounded Sales Growth 24% 33% 27% 17%
Compounded Profit Growth 32% 37% 29% 26%
Stock Price CAGR % % 22% 33%
Return on Equity 19% 19% 20% 20%

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Sona BLW Shareholding Pattern

Metric Mar 2022 Mar 2023 Mar 2024 Jun 2024
Promoters 67.18% 33.00% 29.71% 29.71%
FIIs 8.79% 24.69% 32.93% 32.03%
DIIs 16.42% 31.28% 28.77% 29.50%
Public 7.61% 11.01% 8.59% 8.75%
No. of Shareholders 3,95,367 4,82,517 4,12,728 4,24,896

Sona BLW Share Price Target 2024-2030 Forecast

Year Initial Target Mid-Year Target Year-End Target
2024 ₹786.11 ₹931.74 ₹1019.13
2025 ₹1040 ₹977 ₹1166
2026 ₹1189 ₹1118 ₹1335
2027 ₹1362 ₹1280 ₹1527
2028 ₹1558 ₹1465 ₹1749
2029 ₹1784 ₹1676 ₹2001
2030 ₹2041 ₹1919 ₹2291

SONA BLW Share Price Target 2025

Month Target
January ₹1040
February ₹1061
March ₹1082
April ₹1046
May ₹1011
June ₹977
July ₹1016
August ₹1057
September ₹1099
October ₹1121
November ₹1143
December ₹1166

SONA BLW Share Price Target 2026

Month Target
January ₹1189
February ₹1213
March ₹1237
April ₹1196
May ₹1156
June ₹1118
July ₹1163
August ₹1210
September ₹1258
October ₹1283
November ₹1309
December ₹1335

SONA BLW Share Price Target 2027

Month Target
January ₹1362
February ₹1389
March ₹1417
April ₹1370
May ₹1324
June ₹1280
July ₹1331
August ₹1384
September ₹1439
October ₹1468
November ₹1497
December ₹1527

SONA BLW Share Price Target 2028

Month Target
January ₹1558
February ₹1589
March ₹1621
April ₹1567
May ₹1515
June ₹1465
July ₹1524
August ₹1585
September ₹1648
October ₹1681
November ₹1715
December ₹1749

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SONA BLW Share Price Target 2029

Month Target
January ₹1784
February ₹1820
March ₹1856
April ₹1794
May ₹1734
June ₹1676
July ₹1743
August ₹1813
September ₹1886
October ₹1924
November ₹1962
December ₹2001

SONA BLW Share Price Target 2030

Month Target
January ₹2041
February ₹2082
March ₹2124
April ₹2053
May ₹1985
June ₹1919
July ₹1996
August ₹2076
September ₹2159
October ₹2202
November ₹2246
December ₹2291

Point Before Investing in Sona BLW Stock

  • Sona BLW share cost has been on a positive direction for quite a while, by and large. Assessing the organization’s new exhibition, KLP Exploration has suggested ”Purchase” for Sona BLW Offer Value Focus between Rs 708 and Rs 678.
  • Sona BLW Precision Forgings Ltd.’s second quarter of the fiscal year 2024 saw record levels of revenue, EBITDA, and Net Profit.
  • While the car part producer’s Net Benefit was Rs 93 crores and Income leaped to Rs 787.4 crores, an increment of 34.1% and 20.62%, individually.
  • Taking into account the Sona BLW Precision Forgings Ltd organization business in the assembling of auto parts, the Indian market is supposed to keep a high direction of development in this area.
  • The anticipated expansion of the business worldwide and in India will be advantageous. As a financial backer, the opposition factor is consistently a noticeable element to investigate about.

Final Words

On the National Stock Exchange, the share price of Sona BLW has been rising steadily for a number of years. Over the most recent a half year, Sona BLW share cost hasn’t bounced and has seen a development of just 16%. Additionally, being the solitary PLI plot recipient in its car part producing class, Sona BLW enjoys an upper hand over its rivals.

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