The company was incorporated on October 19, 1987 as ‘Sandhar Locking Devices Private Limited’, at New Delhi, India, as a private limited company under the Companies Act, 1956. The name of the company was subsequently changed to ‘Sandhar Locking Devices Limited’ on conversion to a public limited company, and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Delhi and Haryana (RoC), to the company on September 21, 1992. Subsequently, name of the company was changed from ‘Sandhar Locking Devices Limited’ to ‘Sandhar Technologies Limited’, and a fresh certificate of incorporation, consequent upon change of name was issued by the RoC to Company on November 11, 2005.


The company is a customer centric component supplier primarily catering to automotive OEMs and largely focused on safety and security systems of vehicles with a pan India presence and a growing international footprint. It is a leader in the two-wheeler locking systems market, and the commercial vehicle rear view market in India, and is one of the two largest companies catering to the commercial vehicle locking systems market, and the two-wheeler rear view market in India. It is also one of the two largest manufacturers of operator cabins in India, along with being the largest player in the excavator cabins market. The company’s long-standing relationship with its major customers has been one of the most significant factors contributing to growth. Its customer portfolio consists of 79 Indian and global OEMs across various segments. In addition to OEM customers, it has also relationships with global automotive component suppliers such as Autoliv, Bosch, and CTS, to whom it supply various products.


Business area of the Company:

Presently, the company manufactures 21 categories of products, including such product categories that are manufactured through its Subsidiaries and Joint Ventures, which cater to different industry segments. Its portfolio comprises various categories of products including safety and security systems such as lock assemblies, mirror assemblies, operator cabins for off-highway vehicles, aluminium spools, spindles, and hubs. The company also manufactures other product categories including wheel assemblies, handle bar assemblies, brake panel assemblies, sheet metal components such as fuel filler caps, fuel cock assembly, step pillions, tools, dies, moulds, other aluminium components, crane and tractor parts, plastic and painted parts such as door handles (inner and outer), panels for televisions, and cabinets for air conditioners.




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Market Cap	1,386 Cr		EPS	12.0		High	232
Stock P/E	19.2		Net Profit Margin	2.4		Low	226.75

Market Cap	1,386 Cr	ROE	8.3%
P/E Ratio(TTM)	19.2	EPS(TTM)	10.7
P/B Ratio	1.6	Dividend Yield	1.0%
Industry P/E	50.7	Book Value	145.9
		Face Value	10.0

SANDHAR