Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9 Oct - Intimation of Earning Call for Q2 financial results FY 2026-27.
Source: Bse
Sona BLW Precision Forgings Limited (SONACOMS)
Small CapAuto stocks · Small cap · NSE
Sona BLW Precision Forgings Ltd. (Sona Comstar) is an Indian auto ancillary company specializing in precision forgings. It is strategically expanding its focus into electric mobility, intelligent & connected systems, and new product verticals like robotics and physical AI, aiming for global market significance.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals16 Oct 2026 · screener
Latest result23 Jul, 06:53 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags15 Aug 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
54NeutralMACD − · near 52W high
Stock trend: 58
Sector RS: 49
Sector 3M: -6.3% vs Nifty 500 -5.6%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SONACOMSD candles · FIT view+40.6%Latest close ₹794.00 on 2026-10-19
Bar
-0.3%
RSI
48
MACD hist
-2.04
52W pos
88%
2026-10-19O ₹796.30H ₹812.40L ₹791.60C ₹794.00Vol 14.3L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SONACOMSNifty AutoNifty 500
- SONACOMS
- +11.1%
- Nifty 500
- -5.6%
- Nifty Auto
- -5.4%
- Vs Nifty 500
- +16.7 pp
Chart stats
19 Oct 2026- From 52W high
- -5.9%
- 52W range position
- 88%
- ATR (14)
- 2.8%
- Volume vs 20D
- 0.56x
- Avg traded value
- ₹193 Cr
- 20D price channel
- ₹774.5 - ₹837
₹844
₹424.6 - ₹844
₹22.3
Latest completed session
20-session average
27.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST32
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good62
Revenue +52.3% · PAT +46.7% YoY
Technical
Neutral54
Price trend and sector-relative-strength timing.
Valuation
Legacy model-83.9%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence76
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 62/100Rev +52% YoY · PAT +47% YoY · margin compression
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,301 Cr | +52.3% | +3.4% |
| EBITDA | ₹293 Cr | +42.2% | -1.0% |
| Operating margin | 23.0% | -100 bps | -100 bps |
| PAT | ₹179 Cr | +46.7% | -4.3% |
| PAT margin | 13.8% | -53 bps | -110 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 68.60
- P/B
- 8.31
- EV/EBITDA
- 34.29
- Market Cap
- 49859.00Cr
Profitability
- ROE
- 11.30%
- ROCE
- 14.20%
- ROA
- 9.19%
- Dividend Y
- 0.42%
Growth (CAGR)
- Revenue 5Y
- 23.00%
- EPS 5Y
- 24.00%
- Revenue 3Y
- 19.00%
- EPS 3Y
- 18.00%
Balance Sheet
- Debt/Equity
- 0.07
- Interest Coverage
- 40.31×
- Altman Z
- 8.47
- Book Value
- 96.20
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 4/5
- OCF
- 659.00 Cr
- EPS TTM
- 11.20
Shareholding
- Promoter Hold
- 28.01%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 89%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 4,449+25.5% vs prev
Net Profit
₹ CrLatest: 629+4.8% vs prev
Return on Equity
%Latest: 101+908.3% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term uptrend intact. RSI 48.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 48 — sideways, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 6% off 52W high · 81% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
95
RS percentile
Stage 2 UptrendEstablished S2
1M return
-1.7%
3M return
+11.1%
6M return
+34.9%
1Y return
+63.9%
RS 1D
0
RS 20D
-2
Sector rank
#10
Industry rank
-
Stage evidence
- Price is 17.5% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +6.1%.
- Both 3-month and 6-month returns are positive.
50-DMA
price below
200-DMA
price above
S2 entered
01 Apr 2026
S2 age
142 trading sessions
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 200.98+0.28%
RS vs Nifty 500201
Valuation & peers
U-Score 32 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 32 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth14/25
Quality2/20
Balance Sheet8/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
-1
Raw sum
32
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
32/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Growth contributes 14/25 to the score.
- Balance sheet contributes 8/15 to the score.
Main drags
- Penalty bucket subtracts 1 points.
- Fair-value margin of safety is negative at -83.9%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
68.6
PB
8.3
EV/EBITDA
34.3
ROE
11.3%
ROCE
14.2%
FCF Yield
—
Debt/Equity
0.1
MoS
-83.9%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
32
Previous: 32
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-83.9%
Previous: -83.9%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
32
32
32
32
32
32
32
32
32
32
32
32
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹155.7
-410.0% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹431.76
-83.9% MoS
PEG
3.18
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SUPRAJIT
Small
Suprajit Engineering Limited
Capital Goods
match 145
33
33.7
13.1%
-178%
WATCHLIST
OMNI
Small
Omnitech Engineering Limited
Capital Goods
match 141
40
75.2
18.0%
-70%
WATCHLIST
PRINCEPIPE
Small
Prince Pipes And Fittings Limited
Capital Goods
match 141
32
26.2
4.6%
-1157%
WATCHLIST
KMEW
Small
Knowledge Marine & Engineering Works Limited
Capital Goods
match 140
45
58.6
20.0%
-58%
WATCHLIST
PITTIENG
Small
Pitti Engineering Limited
Capital Goods
match 140
37
34.1
12.5%
+24%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-10-14T08:13:55.631Z
Management commentary snapshot
Sona Comstar reports Q1 FY27 annualized revenue of INR 13,104 Mn, following a >10x revenue growth from FY15 to FY25, driven by strategic shifts towards electrification and new product verticals.
Management's aggressive growth targets and strategic pivot towards EV and deep-tech align with national manufacturing ambitions. Sustaining historical growth rates and successful execution of new ventures will be key to validating the long-term vision.
Growth engines
Electrification & Intelligence
Company's vision aligns with 'Electrification, & Intelligence' as a core strategic pillar.
Global Market Significance
Aims for 'Global Market Significance' by winning against global firms within India and worldwide.
Technology Diversification
Focuses on 'Technology Diversification' with 470+ R&D employees and 141 patents (granted + filed).
Robotics and Physical AI
Adding a new growth vertical – 'Robotics and Physical AI' – to replicate 10x growth in the next decade.
Tailwinds
Government PLI Schemes
₹1.97 lakh Cr worth of incentives across 14 sectors, targeting 14 lakh jobs creation.
R&D and Innovation Fund
₹1 lakh Cr fund created for R&D and Innovation in emerging sectors.
Capital Flow to Deep-tech and Mobility
Manufacturing & Industrials deals grew at 55% in 2025, with major PE capital deployed in electric mobility, auto, & electronics.
Headwinds
Flat Manufacturing Share in GDP
Having flat growth in share of manufacturing in GDP and sustaining ~11% nominal GDP growth is posing challenges for India.
Import Dependence for Critical Sub-systems
India designs & builds world-class platforms yet imports the critical sub-systems inside them, limiting sovereign control.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
The document provides historical annual revenue and EBITDA margin trends, along with Q1 FY27 annualized figures, making year-over-year or annualized comparisons more relevant for assessing long-term strategic shifts and growth trajectory.
Sector KPIs management disclosed
Revenue CAGR
Revenue CAGR of 33.4% from FY99 to Q1 FY27 annualized.
Average EBITDA Margin
Average EBITDA margin of 25.7% from FY99 to Q1 FY27 annualized.
EV Exposure
Electrification is a key strategic pillar for future growth.
New Products Commercialized
Commercialized 5 new products and completed first large acquisition (Railway Business) in the last decade.
Management forward view
Vision Statement
To become one of the world’s most respected and valuable mobility technology companies in India for customers, employees, and shareholders.
Growth Aspiration
Aspirations to replicate the same 10x growth in the next decade, similar to the FY15-FY25 period.
Strategic Focus
New strategy focuses on Electrification, Intelligence, Global Market Significance, and Technology Diversification.
Leveraging National Means
Companies must leverage national policies, talent, and capital to climb the value chain from 'Make' to 'Define the future'.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Revenue Growth | Q1 FY27 annualized revenue of INR 13,104 Mn. | Sustained revenue growth and progress towards the stated 10x growth aspiration over the next decade. |
| EBITDA Margin | Average EBITDA margin of 25.7% from FY99 to Q1 FY27 annualized. | Maintenance or improvement of EBITDA margins amidst strategic shifts towards new technologies and verticals. |
| New Product/Vertical Contribution | Adding 'Robotics and Physical AI' as a new growth vertical. | Successful commercialization and increasing revenue contribution from new product verticals and EV segments. |
| R&D and Patent Activity | 141 Patents (granted + filed) and 5 R&D centers. | Continued investment in R&D and growth in proprietary designs and IP ownership to move up the value chain. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Show extracted source claims
order inflownot yet verifiablequantified
The current RFQ pipeline is the strongest in the company's history, almost 3 times compared to the same time last year.
Timeframe: CurrentDirection: IncreaseConfidence: High
"RFQ pipeline is the strongest in the history of the company, and almost 3 times"
revenue outlookdeliveredquantified
The addition of Air Springs will quadruple the addressable market for suspension systems in Indian rolling stock.
Timeframe: FutureDirection: IncreaseConfidence: High
"it will quadruple the addressable market for us in suspension systems"
Outcome check: Revenue YoY averaged 45.4% across 1 later quarter(s).
market share expansionnot yet verifiable
Sona Comstar has the potential to robustly increase market share in differential gears (excluding China) in the next few years.
Timeframe: Next few yearsDirection: IncreaseConfidence: Moderate
"potential to increase this market share quite robustly in the next few years"
regulatory expectationnot yet verifiable
USMCA tariff relief is expected to further moderate the impact of tariffs on exporters.
Timeframe: FutureDirection: ImproveConfidence: Moderate
"this should further moderate the impact of tariffs on exporters"
Trust Score
76Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Management has 100% delivered/partly-delivered outcomes on 1 checked claims. It ranks around the 81st percentile of the scored universe and 63rd percentile within Auto. Main check: financial discipline is weak at 58/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 20 Oct 2026
management-trust-v1
128 docs text-extracted · 42 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
81st percentile
overall median 67 · Auto: 63rd pctile, median 74 · Small: 83rd pctile, median 66
Evidence depth
Financial-only
128 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
100% delivered or partly delivered
1/4 claims checked · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
58
watch · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸4 years of positive FCF.
- ▸Debt/equity is 0.07.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸ROCE trend is -4.5%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Sona BLW Precision Forgings Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 4 Oct
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 2 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 14 Aug - Allotment of equity shares pursuant to exercise of Options under ESOP Plan 2023.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 1 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Jul - Newspaper Advertisement for quarterly financial results
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 15 Jul - Intimation of Earning Call for Q1 financial results.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 14 Jul - Allotment of equity shares pursuant to exercise of options under ESOP 2023.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Jun - Newspaper notice for information regarding dispatch of notice for 30th AGM of the Company.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 28 May
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.