Sandhar Technologies Achieves Quality Grade Change Amid Strong Financial Performance

Sandhar Technologies Limited, a player in the Auto Components & Equipments sector, has recently undergone an evaluation revision that reflects its solid performance metrics. The company has demonstrated robust sales growth over the past five years, achieving a rate of 23.44%. Additionally, its EBIT growth during the same period stands at an impressive 43.26%, indicating strong operational efficiency.
Financial stability is underscored by a favorable EBIT to interest ratio of 4.80 and a manageable debt to EBITDA ratio of 2.32. The company's net debt to equity ratio is also healthy at 0.65, suggesting a balanced approach to leveraging. Furthermore, Sandhar Technologies maintains a tax ratio of 24.17% and a dividend payout ratio of 17.82%, reflecting its commitment to shareholder returns.

In comparison to its peers, Sandhar Technologies shows competitive performance, particularly in sales to capital employed, where it registers a ratio of 1.86. The company's return on capital employed (ROCE) and return on equity (ROE) average at 9.63% and 10.84%, respectively, positioning it favorably within the industry landscape. Overall, the evaluation revision highlights Sandhar Technologies' strong fundamentals and market position amidst its competitors.