Sharda Motor Industries (SMIL), founded in 1986, has scaled to numerous highs in the automotive industry. The latest techniques, design, equipment and modern manufacturing which is highly efficient, organized and structured in India, they are making new grooves in this area, adding excellence and technological expertise. The company believes to satisfy all their customers and those who use their products and services by meeting their needs promptly and accurately by maintaining the highest quality standards. They provide equal opportunity for development, advancement and growth. Sharda Motor has state-of-the-art manufacturing facilities with continuous focus on new product, innovation and technology upgradation, research and development.

Business area of the company

The company is the market leader in manufacturing of Exhaust System, Catalytic Converter, Independent Suspension, Seat Frames, Seat Covers (Two Wheelers & Four Wheelers), Soft Top Canopies, and Pressed part- White goods products.

Products

The company offers an eclectic range of products and services commencing from emission systems to suspension systems, supply chain, concluding at seating frames and trims. The products includes-

Exhaust Systems.
Suspension Systems.
Seat Trim & Seat Frames.
SCM & Procurement.

Awards

Mahindra Supplier Excellence Award for Business Partner of the Year (2015).
Mahindra & Mahindra Annual Commodity Award (2014).
Cummins India ABO Supplier Conference Award for Best Continuous Improvement (2013).
Manufacturing Today Conference And Awards for Excellence in Technology (2013).
Mahindra Supplier Performance Award (2006-07).
Hyundai Merit Award for BEST CO-OPERATION (2005).
Hyundai Merit Award for BEST CO-OPERATION (2004).
Hyundai Appreciation Certificate (2004).
Hyundai 100 PPM Certificate for Outstanding Performance (2002).
Mahindra Suppliers Excellence Awards.

Market Cap	2,926 Cr	ROE	31.3%
P/E Ratio(TTM)	13.4	EPS(TTM)	0.0
P/B Ratio	3.6	Dividend Yield	1.8%
Industry P/E	59.7	Book Value	273.4
		Face Value	2.0

Fundamentals