Sona BLW Share Price Target 2024-2030 Fundamentals & Quarterly Results

Sona BLW Share Price Target  2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results –Sona BLW Precision Forgings is an Indian car technology firm. It designs, manufactures and sells engineered automotive systems and components; differential assemblies, gears, conventional and micro-hybrid motors, BSG systems as well as EV traction motors in all vehicle segments. It develops mechanical and electrical hardware systems along with their components along with both the base and applied software solutions in the company.

Latest Update – An auto component manufacturer Sona BLW Precision Forgings Ltd had made public its findings on Wednesday (July 24) advertising a net profit of ₹141.9 crore which showed an increase of 26.7% as compared to last year (YoY) for the quarter ending on June 30, 2024.

Sona BLW Precision Overview

In 1995, Sona BLW Precision Forgings Ltd established the start of operations in partnership with Mitsubishi Metal Corporation Limited and has been manufacturing automotive components since 1998 when they set up their first plant at Gurugram, Haryana where they started producing differential bevel gears.

Also Check Mazagon Dock Share Price Target

Sona BLW Business Profile

Sona Okegawa Precision Forgings Ltd was established as a joint venture with Mitsubishi Metal Corporation Ltd. It later changed its name to Sona BLW Precision Forgings, and the agreement with Mitsubishi metal was ended in 2016. In FY19 the company acquired Comstar entities that are one of the most recognized manufacturers and designers of charging systems; hence from that time henceforth, the organization was named Sona Comstar.

Also Check Railtel Share Price Target

Products

The company’s product line can be segmented into two sectors: driveline parts like differential assembly and gears as well as motors.

Driveline parts segment -The Company makes racket assemblies and precision-forged bevel pinions for differentials of both electrified and non-electrified commercial vehicles, passenger vehicles, off-highway vehicles and three-wheelers.
Motors segment-The company manufactures starter motors for conventional and micro-hybrid vehicles as well as traction motors for electric vehicles (EVs) and motor control units for hybrid electric vehicles (HEVs) and electric vehicles (EVs).

Also Check Orient Green Power Share Price Target

Manufacturing Facilities

Up until 9MFY24, 9 manufacturing plants, 4 R&D centres, 8 Warehouses, 3 Engineering Capability Centre, and 1 Tool & Die Shop were raining down on the company. A manufacturer in the United States, Mexico, China and India is the company.

Also  Check UPL Share Price Target

Geographical Revenue
India : 29%
North America : 39%
Europe : 25%
Asia : 6%
ROW: 1%

Clientele Base

Companies such as Ashok Leyland Daimler, M&M, Escorts Mahindra Electric, Renault Nissan, Maruti Suzuki and Volvo, Volvo Eicher, etcetera. The top ten customers account for seventy-nine percent of the company’s revenue.

Also Check Infosys Share Price Target

R&D activities

5.8% of FY21 revenues were used by the company for R&D activities which accounted for 915 Million rupees. There are total of 186 on-roll employees of the company working on R&D who have managed to set up digital simulations, testing, and validation facilities at 3 R&D centres situated in Gurugram and Chennai, India.

The Company entered into a 7 year long partnership with the IRP Nexus Group (Israel), starting 30th September 2021, with the aim of developing, manufacturing and supplying magnetless drive motors and controllers designed for two and three wheelers, which also respects environment by not using rare earth components. Such an agreement was approved by the shareholders who voted during the Annual General Meeting held on June 17th 2023\. Under this resolution shareholders authorized directors to raise 1.49 crore rupees in new capital through issuance of additional equity shares for subscription at par value per share, shareholder consent was sought through resolution at previous meetings about securing investments or taking loans at prevailing rates but if necessary what would be his/her opinion about issuance of convertible securities during same meeting then answer provided would have been different.

Also Check NCC Share Price Target

Sona BLW Share Fundamentals & Quarterly Results

Also Check IEX Share Price Target

Sona BLW Quarterly Results

Also Check ITC Share Price Target

CAGR Report

Also Check Tata Steel Share Price Target

Sona BLW Shareholding Pattern

Also Check Dhanlaxmi Bank Share Price Target

Sona BLW Share Price Target 2024-2030 Forecast

SONA BLW Share Price Target 2025

SONA BLW Share Price Target 2026

SONA BLW Share Price Target 2027

SONA BLW Share Price Target 2028

SONA BLW Share Price Target 2029

SONA BLW Share Price Target 2030

Official Website – sonacomstar.com