SAL Automotive

Why is SAL Automotive Ltd falling/rising?

As of 19-Jun, SAL Automotive Ltd's stock price is currently at Rs 184.70, showing a slight increase today despite a recent trend of underperformance. While today's rise indicates a temporary rebound, mixed signals from moving averages and a significant drop in investor participation suggest ongoing challenges.

As of 19-Jun, SAL Automotive Ltd's stock price is rising, currently at Rs 184.70, reflecting a change of 0.65 (0.35%) upward. Despite a recent trend of underperformance compared to the benchmark Sensex over various periods, including a decline of 11.33% over the past month and 18.27% year-to-date, today's performance indicates a positive shift. The stock outperformed its sector by 4.47% today and reached an intraday high of Rs 195, marking a 5.95% increase. <BR><BR>However, it is important to note that the stock's moving averages indicate mixed signals; while it is higher than the 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 78.84% against the 5-day average. Despite these challenges, the stock's current rise can be attributed to today's performance, which shows a temporary rebound amidst a broader trend of decline.

Which are the latest news on SAL Automotive?

Should I buy, sell or hold SAL Automotive Ltd?

What does SAL Automotive do?

SAL Automotive Ltd is a global manufacturer of automotive components and agricultural implements, classified as a Micro Cap company with a market cap of INR 90 Cr. For the quarter ending March 2026, it reported net sales of 89 Cr and a net profit of 1 Cr.

Overview: <BR>SAL Automotive Ltd is an emerging global manufacturer of automotive components, seats, and agricultural implements, operating within the Auto Components & Equipments industry and classified as a Micro Cap company.<BR><BR>History: <BR>The company was incorporated on 20th November 1974, originally known as Punjab Scooters Limited. It has undergone a name change to Swaraj Automotives Limited and reported net sales and profit for the quarter ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 89 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market cap: INR 90 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 19.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 1.32% <BR>Debt Equity: 0.83 <BR>Return on Equity: 10.22% <BR>Price to Book: 1.98<BR><BR>Contact Details: <BR>Address: C-127 4th Fl Sat Guru Infotech, Phase 8 Indl Area S A S Nagar Mohali Punjab : 160071 <BR>Tel: 91-172-4650377 <BR>Email: kaushik.gagan@salautomotive.in <BR>Website: http://www.salautomotive.in

How big is SAL Automotive?

As of 10th June, SAL Automotive Ltd has a market capitalization of 90.00 Cr, with recent net sales of 384.44 Cr and a net profit of 4.26 Cr. The company reported shareholder's funds of 43.03 Cr and total assets of 123.29 Cr for the annual period ending in March 2025.

As of 10th June, SAL Automotive Ltd has a market capitalization of 90.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, SAL Automotive reported Net Sales of 384.44 Cr and a Net Profit of 4.26 Cr.<BR><BR>For the latest annual period ending in March 2025, the company had Shareholder's Funds of 43.03 Cr and Total Assets amounting to 123.29 Cr.

Who are in the management team of SAL Automotive?

The management team of SAL Automotive includes Rajiv Sharma (Chairman & Independent Director), Rama Kant Sharma (Executive Director & Managing Director), Kailash Nath Agarwal (Independent Non-Executive Director), Jamil Ahmad (Non-Executive & Non-Independent Director), and Namrata Jain (Executive Director - Finance).

The management team of SAL Automotive includes the following individuals:<BR><BR>1. **Rajiv Sharma** - Chairman & Independent Director<BR>2. **Rama Kant Sharma** - Executive Director & Managing Director<BR>3. **Kailash Nath Agarwal** - Independent Non-Executive Director<BR>4. **Jamil Ahmad** - Non-Executive & Non-Independent Director<BR>5. **Namrata Jain** - Executive Director (Finance)<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the SAL Automotive?

SAL Automotive's peers include Uravi Defence, Hindustan Hardy, Samkrg Pistons, Akar Auto Indust, New Swan, Kranti Industrie, Porwal Auto Comp, Universal Auto, and Vishal Bearings. In terms of management risk, SAL Automotive has an average rating, with excellent growth but below average capital structure compared to its peers.

Peers: The peers of SAL Automotive are Uravi Defence &, Hindustan Hardy, Samkrg Pistons, Akar Auto Indust, New Swan, Kranti Industrie, Porwal Auto Comp, Universal Auto., and Vishal Bearings.<BR><BR>Quality Snapshot: Excellent management risk is observed at Hindustan Hardy and New Swan, while Average management risk is found at Samkrg Pistons, Akar Auto Indust, SAL Automotive, and Vishal Bearings. Below Average management risk is present at Uravi Defence &, Kranti Industrie, Porwal Auto Comp, and Universal Auto. In terms of Growth, Excellent growth is seen at SAL Automotive, Average growth is noted at Akar Auto Indust and Samkrg Pistons, while Below Average growth is observed at Uravi Defence &, Hindustan Hardy, New Swan, Kranti Industrie, Porwal Auto Comp, Universal Auto., and Vishal Bearings. For Capital Structure, Good capital structure is found at Hindustan Hardy and Porwal Auto Comp, while Below Average capital structure is noted at Uravi Defence &, SAL Automotive, Akar Auto Indust, Kranti Industrie, Universal Auto., and Vishal Bearings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Auto Pins (I) at 97.20%, while the peer with the lowest 1-year return is Uravi Defence & at -76.47%. SAL Automotive's own 1-year return is -32.69%, which is higher than Uravi Defence & but lower than the rest. Additionally, peers with a negative six-month return include Uravi Defence &, Akar Auto Indust, New Swan, Kranti Industrie, and Universal Auto.

Are SAL Automotive Ltd latest results good or bad?

SAL Automotive Ltd's latest Q4 FY26 results are largely negative, with a slight revenue increase overshadowed by a 1.06% decline in net profit and a drop in operating margin to 2.18%. The company's reliance on non-operating income and significant stock underperformance raise concerns about its financial health and future prospects.

SAL Automotive Ltd's latest results for Q4 FY26 indicate a mixed performance, but overall, they lean towards the negative side. The company reported a net profit of ₹0.93 crore, which is a decline of 1.06% year-on-year. While revenue saw a slight increase of 0.77% year-on-year, reaching ₹88.79 crore, this growth is minimal and highlights the company's struggle to gain market share in a recovering automotive sector.<BR><BR>One of the most concerning aspects is the operating margin, which dropped to 2.18%, the lowest in seven quarters. This reflects significant operational challenges, including rising costs and potential pricing pressures. The company's reliance on non-operating income is also alarming, as it constituted a staggering 119.18% of profit before tax, suggesting that core operations are barely profitable.<BR><BR>Moreover, SAL Automotive's stock has underperformed significantly, declining 22.52% over the past year, which is 40.20 percentage points worse than its sector benchmark. This underperformance, combined with high debt levels and weak return ratios, raises serious concerns about the company's financial health and future prospects.<BR><BR>In summary, while there are some positive indicators, such as a stable promoter holding and a history of sales growth, the overall financial performance reveals significant weaknesses that overshadow these strengths. Investors should approach SAL Automotive with caution, as the latest results reflect ongoing operational difficulties and a challenging market environment.

When is the next results date for SAL Automotive Ltd?

The next results date for SAL Automotive Ltd is 22 May 2026.

The next results date for SAL Automotive Ltd is scheduled for 22 May 2026.

How has been the historical performance of SAL Automotive?

SAL Automotive has demonstrated significant growth in net sales and profitability, with net sales increasing from 85.47 Cr in Mar'20 to 377.76 Cr in Mar'25, and profit after tax rising from 1.25 Cr to 5.39 Cr during the same period, indicating a strengthening financial position.

Answer:<BR>The historical performance of SAL Automotive shows a significant upward trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>SAL Automotive's net sales increased from 85.47 Cr in Mar'20 to 377.76 Cr in Mar'25, demonstrating strong growth. Total operating income followed a similar trajectory, rising from 85.47 Cr in Mar'20 to 377.76 Cr in Mar'25. The company's total expenditure also increased, reaching 365.02 Cr in Mar'25, up from 86.10 Cr in Mar'20. Operating profit, excluding other income, improved from a loss of 0.63 Cr in Mar'20 to a profit of 12.74 Cr in Mar'25. Profit before tax also showed a positive trend, increasing from 1.83 Cr in Mar'20 to 7.87 Cr in Mar'25, while profit after tax rose from 1.25 Cr in Mar'20 to 5.39 Cr in Mar'25. The company's total assets increased from 63.88 Cr in Mar'20 to 123.29 Cr in Mar'25, and total liabilities rose from 63.88 Cr to 22.01 Cr during the same period. Cash flow from operating activities improved significantly, reaching 10.00 Cr in Mar'24, while net cash outflow was recorded at -8.00 Cr in the same year. Overall, SAL Automotive has shown a positive trend in revenue and profitability, indicating a strengthening financial position.

Who are the top shareholders of the SAL Automotive?

The top shareholders of SAL Automotive are B4s Solutions Private Limited with 75.0% of shares, followed by Icici Bank Limited at 4.44%, and individual investors holding 16.81%. There are no mutual funds or foreign institutional investors involved.

The top shareholders of SAL Automotive include B4s Solutions Private Limited, which holds a significant 75.0% of the shares, making it the largest promoter. Additionally, Icici Bank Limited is the highest public shareholder with a 4.44% stake. Individual investors collectively hold 16.81% of the shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

Is SAL Automotive overvalued or undervalued?

As of April 11, 2025, SAL Automotive's valuation has improved to attractive, indicating it is currently undervalued with competitive financial metrics, including a PE ratio of 24.73 and a return on equity of 13.21%, while outperforming the Sensex with a 228.74% return over the past three years.

As of 11 April 2025, the valuation grade for SAL Automotive has moved from fair to attractive, indicating a more favorable assessment of its market position. The company is currently considered undervalued based on its financial metrics. The PE ratio stands at 24.73, while the EV to EBITDA ratio is 12.25, and the PEG ratio is 4.35. <BR><BR>In comparison to its peers, SAL Automotive's valuation metrics are competitive, with a PE ratio of 24.73 closely aligning with the industry average of 24.73 and an EV to EBITDA ratio of 12.25, which is consistent with its peer group. Notably, the company's return on equity (ROE) is 13.21%, reflecting solid profitability. Despite a recent dip in stock price, SAL Automotive has outperformed the Sensex over the past three years, with a return of 228.74% compared to the Sensex's 49.16%.

What is the technical trend for SAL Automotive?

As of June 6, 2025, SAL Automotive's technical trend is mildly bearish, supported by bearish weekly and mildly bearish monthly MACD indicators, along with daily moving averages, despite some short-term strength indicated by the Bollinger Bands.

As of 6 June 2025, the technical trend for SAL Automotive has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD shows a mildly bearish stance. The daily moving averages indicate a mildly bearish trend. The KST is bearish on the weekly and mildly bearish on the monthly, supporting the overall mildly bearish outlook. The Bollinger Bands are bullish on the weekly but sideways on the monthly, suggesting some short-term strength amidst the broader bearish signals. The Dow Theory indicates a mildly bearish trend on the weekly with no trend on the monthly. Overall, the technical stance is mildly bearish, driven primarily by the MACD and moving averages.

What is the bonus history of the SAL Automotive?

SAL Automotive has a recent bonus history featuring a 1:1 bonus issue, with an ex-date of April 3, 2025, meaning shareholders will receive one additional share for each share owned as of that date.

SAL Automotive has a recent bonus history that includes a 1:1 bonus issue. The ex-date for this bonus is set for April 3, 2025. This means that shareholders will receive one additional share for every share they own as of that date. If you have any further questions about SAL Automotive or its financial activities, feel free to ask!

Has SAL Automotive declared dividend?

Yes, SAL Automotive Ltd has declared a 45% dividend, amounting to 4.5 per share, with an ex-date of September 17, 2024. The company has shown strong total returns over various periods, particularly in the long term.

SAL Automotive Ltd has declared a 45% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 45%<BR>- Amount per share: 4.5<BR>- Ex-date: Sep-17-2024<BR><BR>Dividend Yield: 0.85%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -14.75%, with no dividend return, resulting in a total return of -14.75%.<BR><BR>Over the past year, the price return was 8.41%, with a dividend return of 1.74%, leading to a total return of 10.15%.<BR><BR>In the 2-year period, the price return was 26.88%, with a dividend return of 4.05%, culminating in a total return of 30.93%.<BR><BR>For the 3-year period, the price return was 210.76%, with a dividend return of 10.61%, resulting in a total return of 221.37%.<BR><BR>In the last 4 years, the price return was 185.29%, with a dividend return of 12.36%, giving a total return of 197.65%.<BR><BR>Over the past 5 years, the price return was 340.1%, with a dividend return of 21.03%, leading to a total return of 361.13%.<BR><BR>Overall, SAL Automotive has declared a significant dividend, and the total returns over various periods indicate strong performance, particularly in the longer term, despite some fluctuations in the short term.