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Sona BLW Precision Forgings Fundamental Analysis reveals insights into one of India’s leading automotive technology companies, Sona Comstar. The company designs, manufactures, and supplies highly engineered automotive components for electric vehicles (EVs), hybrid vehicles, and conventional drivetrains. In this blog, we will discuss Sona Comstar’s business model, Sona BLW share price trends, Sona Comstar turnover, and other key aspects that help investors evaluate the company’s financial health and future growth potential.
Sona BLW Share Price Chart
Sona BLW Overview
| Company Essentials | Value | Company Essentials | Value |
|---|---|---|---|
|
Market Cap |
₹ 27,725.65 Cr. |
Face Value |
₹ 10 |
|
52 Week High |
767.80 |
52 Week Low |
379.80 |
|
Industry P/E |
34.48 |
Stock P/E |
50.91 |
|
Div. Yield |
0.72% |
EPS (TTM) |
8.76 |
Sola BLW Returns In Last 5 Years
Over the past few years, Sona BLW Precision Forgings share price has experienced a consistent decline. In the last one year, the stock delivered a negative return of -35.71%, while over the past two years, it fell by -23.61%. Looking at the three-year performance, Sona Comstar share price has dropped by -14.65%. The five-year return data is currently unavailable. Investors tracking Sona BLW stock performance and Sona Comstar share price history should note this downward trend, which reflects market volatility and possible valuation corrections.
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Sona BLW Peer comparison
In the below table, we can see the Sona BLW company competitors such as Bosch, Samvardhana Motherson, Uno Minda, Schaeffler India, Tube Investments, Bharat Forge, and Endurance Tech. As per the Sona BLW peer comparisons, the company has a CMP of ₹443.05, a P/E ratio of 45.52, and a market cap of ₹27,545.35 crore, which places it below larger players like Bosch and Samvardhana Motherson.
While Sona Comstar’s ROCE of 17.82% reflects good operational efficiency, its profit variation of -7.38% and sales growth of -4.18% indicate short-term challenges compared to peers showing stronger profitability and revenue growth.
| Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Bosch | 39960.00 | 53.15 | 117856.59 | 1.28 | 1115.40 | 44.04 | 4788.60 | 10.93 | 21.11 |
| Samvardh. Mothe. | 92.75 | 28.98 | 97892.46 | 0.61 | 606.09 | -42.81 | 30212.00 | 4.66 | 13.66 |
| Uno Minda | 1279.00 | 71.59 | 73647.26 | 0.18 | 309.03 | 46.47 | 4489.09 | 17.59 | 18.83 |
| Schaeffler India | 3867.40 | 57.13 | 60448.88 | 0.72 | 296.23 | 16.84 | 2282.10 | 10.14 | 25.67 |
| Tube Investments | 2961.60 | 88.59 | 57306.34 | 0.12 | 303.19 | -12.87 | 5309.06 | 15.97 | 21.83 |
| Bharat Forge | 1106.70 | 51.60 | 52910.07 | 0.77 | 283.87 | -2.40 | 3908.75 | -4.81 | 12.18 |
| Endurance Tech. | 2868.80 | 47.51 | 40353.36 | 0.35 | 226.35 | 11.03 | 3318.89 | 17.46 | 17.26 |
| Sona BLW Precis. | 443.05 | 45.52 | 27545.35 | 0.72 | 121.71 | -7.38 | 853.91 | -4.18 | 17.82 |
Sona BLW Precision Forgings Ltd. Shareholding Pattern
As per the chart below, the Sona BLW Precision Forgings Ltd. shareholding pattern shows a notable shift over the last two quarters. There has been a significant transfer of shares from foreign institutional investors (FIIs) to domestic mutual funds (DIIs), indicating changing investor preferences. Meanwhile, the promoter shareholding and public shareholding in Sona BLW company have remained largely stable, reflecting consistent confidence among long-term investors.
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Sona Comstar Financial Information
Sona Comstar Sales Growth: It has been strong, rising from ₹2,676 crore in Mar 2023 to ₹3,546 crore in Mar 2025, with TTM sales of ₹3,509 crore. Investors tracking Sona Comstar Financial Information can see consistent growth, driven by demand in the automotive and EV components sector.
Sales Growth (in Crores)
No Data Found
Sona Comstar Operating Profit Growth: It has shown consistent growth in its financial performance over the past three years. The company’s operating profit increased from ₹696 crore in March 2023 to ₹902 crore in March 2024, reaching ₹967 crore in March 2025. The trailing twelve months (TTM) operating profit stands at ₹923 crore, reflecting steady operational efficiency.
Operating Profit (in Crores)
No Data Found
Sona Comstar Net Profit Growth: The company’s net profit increased from ₹395 crore in March 2023 to ₹518 crore in March 2024, and further to ₹600 crore in March 2025. The trailing twelve months (TTM) figure stands at ₹580 crore, reflecting consistent profitability and robust business performance.
Net Profit (in Crores)
No Data Found
Sona BLW Precision Forgings Key Financial Ratios
Sales Growth & Profit Growth
Sona Comstar has shown impressive financial performance over the years. The company’s 1-year sales growth (latest year) is 11.74%, with 3-year and 5-year sales growth at 18.58% and 43.1%, respectively.
On the profitability front, the 1-year profit growth is 19.65%, while the 3-year and 5-year profit growth stand at 17.92% and 47.13%, respectively.
This consistent upward trend in both sales and profits highlights Sona Comstar’s strong operational efficiency and robust financial health, making it a key stock for investors looking for Sona Comstar financial information and tracking Sona Comstar net profit growth.
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Sona BLW ROE Ratio:
Sona Comstar has delivered strong returns for its shareholders over different periods. The 1-year ROE (latest year) is 14.65%, while the 3-year ROE stands at 17.75%, and the 5-year ROE is 18.38%. This consistent performance indicates efficient capital utilization and strong financial health, making it a key metric for investors analyzing Sona Comstar ROE.
Sona BLW ROCE Ratio:
Sona Comstar has maintained strong capital efficiency over the years. The 1-year ROCE (latest year) is 19.49%, while the 3-year ROCE stands at 22.32% and the 5-year ROCE at 22.13%. These figures highlight the company’s effective use of capital to generate profits,
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Sona Comstar Cash Flow Annual (in Cr.)
Sona Comstar has shown significant changes in its cash flow over the years.
Cash from operating activities steadily increased from ₹143 crore in March 2021 to ₹775 crore in March 2025, reflecting strong core business performance. Cash from investing activities remained negative, reaching -₹1,762 crore in March 2025 due to continued capital expenditure. Cash from financing activities saw a notable jump to ₹1,944 crore in March 2025, contributing to a strong net cash flow of ₹957 crore.
So, investors analyzing Sona Comstar financial information or Sona BLW cash flow can view this as a sign of the company’s robust liquidity management and financial strength.
| Particulars (Consolidated) | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Cash from Operating Activity | 143 | 445 | 533 | 693 | 775 |
| Cash from Investing Activity | -156 | -352 | -562 | -471 | -1,762 |
| Cash from Financing Activity | -67 | -64 | 19 | -175 | 1,944 |
| Net Cash Flow | -80 | 29 | -10 | 47 | 957 |
About Sona BLW Precision
Sona Comstar originally known as Sona BLW is an Indian company with a global reach. They specialize in making auto systems and parts and they’re really good at it.
What’s impressive is their wide presence, with nine manufacturing facilities in India, China, Mexico and the USA. Most of these are right here in India.
Sona Comstar’s expertise lies in designing and making advanced auto parts. They create things like differential assemblies, starter motors and more.
But what makes them stand out? They dominate the Indian differential gears market with a whopping 60-90% market share. That shows how much trust the auto industry places in them.
Their parts go into all sorts of vehicles from regular cars to electric ones. They’re all over the automotive spectrum.
To stay ahead, Sona Comstar is all about innovation. They invest in developing new mechanical and electrical systems plus software solutions to meet the ever changing needs of their customers.
With nine manufacturing plants and three R&D centers they have over 4,000 dedicated employees working hard to deliver top notch auto solutions.
Sona BLW Precision Journey: Milestones
Let’s take a quick trip through their journey:
- 1995: Sona Okegawa Precision Forgings Ltd. was born in partnership with Mitsubishi Metal Corporation Limited.
- 1998: They started producing differential bevel gears in Gurugram, Haryana, India.
- 1999: A new manufacturing facility opened in Chennai, Tamil Nadu, India.
- 2005: They expanded with a plant in Pune, Maharashtra, India, and Sona Autocomp Holding Private Limited became their majority shareholder.
- 2008: They acquired Thyssen Krupp's precision forging business, including BLW, known for Warm Forging Technology.
- 2013: They transformed into "Sona BLW Precision Forgings Limited" and earned the prestigious "North American OEM of PV's and CV's World Excellence Award (Silver)."
- 2016: The company won a Gold World Excellence Award, establishing itself as a top North American maker of vehicles. It expanded to China and received an investment from JM Financial Trustee. The partnerships with Mitsubishi and Metal One ended.
- 2017: The company grew by opening new plants in Gurugram, India, and starting a finishing plant in Mexico, North America.
- 2018: More expansion happened with land acquired for a new plant in Chakan, Pune. The company also got a contract to supply Differential Assemblies to a big Electric Vehicle Manufacturer.
- 2019: The company adopted a new name, "Sona Comstar," and began operations at the differential assembly plant in Manesar, Haryana, India.
- 2020: A big milestone was reached with 250 million gears produced, and the company secured contracts to supply BLDC (Brush Less Direct Current) motors to two major Indian electric 2-wheeler manufacturers.
- 2021: The company made its debut on Indian Stock Exchanges, which was a significant achievement.
Sona Comstar Business Segments
Sona BLW operates within two primary business segments each focusing on distinct product categories:
1. Driveline Parts Segment:
- This segment is dedicated to the production of components such as differential assemblies and precision-forged bevel gears.
- These components serve a diverse range of vehicles, encompassing both electric and traditional vehicles, including passenger cars, commercial vehicles, off-highway vehicles, and three-wheelers.
2. Motors Segment:
- Sona BLW is actively involved in manufacturing starter motors for a variety of vehicle types, including traditional, micro-hybrid, and electric vehicles (EVs).
- In addition to starter motors, the company specializes in developing motor control units and EV traction motors.
- These motors are utilized in hybrid and electric vehicles, including two and three-wheelers.
Sona BLW holds a significant position in the automotive industry catering to multiple segments such as Passenger Vehicles (PVs), Commercial Vehicles (CVs), Tractors and Off Highways (OHVs). It is noteworthy that the company is the largest manufacturer of differential gears for PVs, CVs and tractors in India. Additionally, it ranks among the top 10 global suppliers for both differential bevel gears and starter motors within the PV segment.
Sona BLW Precision Share Revenue Mix – By Geography
Sona Comstar’s revenue mix displays diversification in both geography and product categories. In terms of geographic revenue distribution, the company derives 28% of its total income from India while the majority originates from its global operations including 44% from North America, 22% from Europe and 6% from other regions.
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Sona BLW Precision Revenue Mix – By Product
Regarding product categories, the company’s profitability is underpinned by a diverse range of drivetrain components. Leading the way are Differential Gears,contributing 32% of the revenue, closely followed by Differential Assemblies at 23%. Micro/Plug in Hybrid Starter Motors and Conventional Starter Motors make substantial contributions at 21% and 15%, respectively.
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Final Words
Sona BLW Precision Forgings Fundamental Analysis shows robust Sona Comstar financials, with consistent sales and profit growth, and a strong focus on the EV segment. Despite a recent decline in Sona BLW share price, the shareholding pattern reflects increasing confidence from domestic institutional investors. With strong ROE, ROCE, and a global manufacturing presence, the company remains a key player in electric, hybrid, and conventional vehicle segments, making it an important stock for investors tracking Sona Comstar share price and automotive technology trends.
Sona Comstar FAQs
What does Sona BLW do?
Sona BLW Precision Forgings, also known as Sona Comstar, designs, manufactures, and supplies advanced automotive components, including differential gears, differential assemblies, starter motors, and EV traction motors for electric, hybrid, and conventional vehicles. It is a leading player in India’s automotive technology sector.
What is the price target for Sona BLW?
Analysts suggest a positive outlook for Sona BLW share price in 2025. Investors tracking Sona Comstar stock can assess potential upside by analyzing the company’s strong fundamentals, growth in the EV segment, and consistent financial performanc
Is Sona BLW a MNC company?
Yes, Sona BLW (Sona Comstar) is a multinational company with manufacturing facilities in India, China, Mexico, and the USA. Its global presence supports exports and international automotive contracts, making it a recognized player in the global auto components industry.
Who is the owner of the Sona BLW company?
Sona Comstar is promoted by Sona Autocomp Holding Private Limited. The promoters hold a stable share in the company, alongside domestic and foreign institutional investors, reflecting strong long-term ownership confidence in Sona BLW Precision Forgings.
Is Sona Comstar overvalued?
Currently, Sona Comstar stock appears slightly overvalued, as its P/E ratio is higher than the industry average.
Why is SONACOMS falling?
Sona Comstar share price decline is due to market volatility, short-term profit variations, and sector-wide corrections in the automotive and EV components market.
Is SONACOMS debt free?
Yes, Sona Comstar is largely debt-free, with a strong balance sheet and consistent cash flow from operations.
Happy investing and thank you for reading!
Disclaimer:
This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
