Sandhar Technologies
Information Technology · 1 quarter tracked · source-linked performance and management context.
Latest revenue
₹1,185 Cr
verified financial record
Quarters tracked
1
source records in the directory
Delivery assessment
Unscored
No scored management commitments are present yet.
Call date
2026-02-10
latest available source date
Signal trajectory
1 actual quarterCurrent read
Unscored
No scored management commitments are present yet.
Latest source read
What changed this quarter?
Sandhar Technologies delivered a strong Q3 FY26 with consolidated revenue growth of 22% YoY, driven by robust performance in the existing India business (revenue up 14.5%, EBITDA margin expanding from 10.5% to 11.9%). The new projects segment saw revenue surge from ₹2.74 crore to ₹305 crore in 9 months, turning EBITDA positive. Overseas losses narrowed to ₹8 crore (vs ₹11 crore in Q3 FY25), with management targeting breakeven from Q4 FY26. The EV business generated ₹12 crore revenue, with commercial invoicing of battery chargers and motor controllers underway. Key risks include slower-than-expected turnaround in overseas operations and subdued adoption of smart locks due to high prices.
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Signal
Positive
Revenue
₹1,185 Cr
Source date
2026-02-10
Across the record
Quarter history.
History modules