SAHYADRICommodities

Sahyadri Industries Limited

Other Construction Materials · ISIN INE280H01015 · BSE 532841 · NSE EQ · FV ₹10
Last price
₹322
-0.65%today
What this company does

Sahyadri Industries Limited operates in Other Construction Materials, part of the Commodities sector. It booked ₹147 cr of revenue in its latest quarter (Q2 FY27) and kept 8.4% of sales as profit. It is the 6th largest of 6 Other Construction Materials companies we track, by market value.

In the report:
73out of 100
Equitytale Health Score
Solid

Healthier than 73% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 91–176 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns58

How much profit it earns on the money it employs

Balance sheet81

How much it owes, and whether earnings cover the interest

Cash quality78

Whether reported profit actually arrives as cash

Growth & consistency64

Whether sales and profit have grown, and how steadily

Valuation75

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 17% vs last year
✓ Profit up 353% vs last year
✓ Promoters hold 71%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in SAHYADRI?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹322▼ -0.65%
latest close · 2026-11-04
52-wk low ₹27074 sessions so far52-wk high ₹409
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio7.2Low
LowAverageHigh
P/B ratio0.80Below book
Below bookModerateHigh
EV / EBITDA4.1Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.2%Fair
WeakFairStrong ▸15%
Return on capital15.2%Strong
WeakFairStrong
Net margin8.4%Decent
ThinDecentStrong
EBITDA margin15.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.03Comfortable
LowModerateHigh ▸1
Interest cover30.9×Strong
RiskyOkayStrong ▸5×
Current ratio2.91Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹352 cr
Book value
₹402
EPS
₹11.22
latest quarter
Net debt
₹13 cr
owes more than its cash
Enterprise value
₹365 cr
EBITDA
₹90 cr
annualised
EBIT
₹68 cr
annualised
Operating margin
11.6%
Return on assets
8.8%
Earnings yield
13.95%
P/S
0.60
Sales / share
₹536.2
Tax rate
25.3%
Face value
₹10
Shares
1.1 cr
Working capital
₹217 cr
Current assets
₹330 cr
Current liabilities
₹114 cr
Delivery %
72.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about 10% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹478–₹579, midpoint ₹528

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹147 cr
Other Income₹2 cr
Total Income₹149 cr
Cost of Materials₹96 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-25 cr
Employee Benefit Expense₹12 cr
Finance Costs₹55 L
Depreciation & Amortisation₹5 cr
Other Expenses₹42 cr
Total Expenses₹132 cr
Profit before Tax₹16 cr
Tax Expense₹4 cr
Net Profit₹12 cr
Net margin on total income8.3%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹71 cr48.1%
Employee benefit expense₹12 cr8.3%
Finance costs₹55 L0.4%
Depreciation & amortisation₹5 cr3.6%
Other expenses₹42 cr28.5%
Tax expense₹4 cr2.8%
Profit for the period₹12 cr8.3%
Total income ₹149 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue195 cr259 cr147 cr
Total income197 cr261 cr149 cr
Expenses183 cr226 cr132 cr
Profit before tax14 cr36 cr16 cr
Tax3 cr9 cr4 cr
Net profit (owners' share)11 cr27 cr12 cr
Net margin (owners' share, on revenue)5.4%10.3%8.4%
EPS (₹)9.6424.2211.22
YoY (latest quarter): total income +17.6% · net profit +353.1%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹560 cr
Shareholder equity
₹440 cr
parent shareholders
Total debt
₹15 cr
Cash
₹2 cr
Cash flow · H1 FY27
Operating
₹38 cr
Investing
₹-35 cr
Financing
₹-7 cr
Peer comparison
Other Construction Materials · by market value
CompanyPriceMarket capP/E
Ramco Industries Limited₹291₹2,517 cr7.3
Glass Wall Systems (India) Limited₹231₹1,953 cr28.3
Arisinfra Solutions Limited₹144₹1,174 cr17.5
BirlaNu Limited₹1,155₹874 cr—
Everest Industries Limited₹444₹704 cr84.8
Sahyadri Industries Limitedthis company₹324₹355 cr7.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.24%
trailing 12 months
Dividend / share (TTM)
₹4
Last dividend
₹2.5
ex 21 Aug 2026
ActionDetailEx-date
Dividend₹2.5 / share21 Aug 2026
Dividend₹1.5 / share7 Aug 2026
Dividend₹1 / share14 Aug 2025
Dividend₹1 / share2 Aug 2024
Dividend₹1.5 / share2 Aug 2023
Dividend₹2.5 / share15 Feb 2023
Who owns it · 2026-09-30
No pledge
Promoter
71.1%
FII / Foreign
0.1%
DII / Domestic
0.0%
Retail / others
28.8%
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 17 Aug 2026
See the official result
1
To receive, consider and adopt the audited financial statements of the company for the financial year ended on 31st March, 2026 together with the report of the auditors’ and board of directors.
Backed by 100% of shareholders other than promotersneeded 50%
31,966 votes for, 2 against
2
To appoint Mr. Tuljaram Maheshwari (DIN: 00063688) as a director of the company who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
6,966 votes for, 2 against
3
To declare a final dividend of Rs.1.5 per equity share for the financial year ended on 31st March 2026.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
31,966 votes for, 2 against
4
To re-appoint M/s Joshi Apte & Company, Statutory Auditors for a 2nd term of five years and to fix their remuneration.
Backed by 100% of shareholders other than promotersneeded 50%
31,965 votes for, 3 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 18 named members
owning 71.1% between them · as of 2026-09-30
VALLABH LALJI PATEL8.08%
PATEL JAYESH PURUSHOTTAM8.05%
PATEL CHETAN PURUSHOTTAM7.93%
TRILOCHANA VIPUL PATEL5.28%
SHILPA J PATEL5.15%
PATEL PURNA CHETAN4.86%
PATEL HARSHA JAYESH4.83%
GEETA SATYEN PATEL4.67%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.