Sharda Motor Industries (BOM:535602) Days Payable: 87.67 (As of Jun. 2026) — Near Median

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BOM:535602 Sharda Motor Industries Ltd BOM:535602
87 GF Score
Price ₹875.90
GF Value ₹1,096.70
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sharda Motor Industries Days Payable?

Sharda Motor Industries BOM:535602 -1.06% 87 Days Payable is 87.67 as of Jun. 2026, which is 1% above its 10-year median of 87.10. GuruFocus rates BOM:535602 with a GF Score™ of 87/100 and a GF Value™ of ₹1,096.70 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,316 Vehicles & Parts companies, Sharda Motor Industries ranks better than 60.87% on this metric.

Sharda Motor Industries's average Accounts Payable for the three months ended in Jun. 2026 was ₹7,754 Mil. Sharda Motor Industries's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹8,071 Mil. Hence, Sharda Motor Industries's Days Payable for the three months ended in Jun. 2026 was 87.67.

The historical rank and industry rank for Sharda Motor Industries's Days Payable or its related term are showing as below:

BOM:535602' s Days Payable Range Over the Past 10 Years
Min: 73.36   Med: 87.1   Max: 122.97
Current: 82.37

During the past 13 years, Sharda Motor Industries's highest Days Payable was 122.97. The lowest was 73.36. And the median was 87.10.

BOM:535602's Days Payable is ranked better than
60.87% of 1316 companies
in the Vehicles & Parts industry
Industry Median: 66.7 vs BOM:535602: 82.37

Sharda Motor Industries's Days Payable increased from Jun. 2025 (87.64) to Jun. 2026 (87.67). It may suggest that Sharda Motor Industries delayed paying its suppliers.


Sharda Motor Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Sharda Motor Industries's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sharda Motor Industries Days Payable Chart

Sharda Motor Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.23 78.26 85.77 90.29 92.60

Sharda Motor Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.64 92.44 80.62 93.64 87.67

BOM:535602 vs ORLY, AZO, GPC: Days Payable Comparison

For the Auto Parts subindustry, Sharda Motor Industries's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sharda Motor Industries Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sharda Motor Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Sharda Motor Industries's Days Payable falls into.


BOM:535602
87GF Score
Sharda Motor Industries Ltd BOM:535602
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharda Motor Industries Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Sharda Motor Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (5442.936 + 7754.29) / 2 ) / 26008.453*365
=6598.613 / 26008.453*365
=92.60

Sharda Motor Industries's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (7754.29 + 0) / 1 ) / 8071.243*365 / 4
=7754.29 / 8071.243*365 / 4
=87.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 87.67 mean?
Sharda Motor Industries (BOM:535602) has a Days Payable of 87.67 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sharda Motor Industries and its competitors. This is near median its historical median of 87.10. Over the past decade, Sharda Motor Industries' Days Payable has ranged from 73.36 to 122.97. According to the industry distribution chart, Sharda Motor Industries ranks #515 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 39.1%.
Is Sharda Motor Industries' Days Payable too high?
Sharda Motor Industries' current Days Payable of 87.67 is near median its 10-year median of 87.10. Over the past 10 years, this metric has ranged from a low of 73.36 to a high of 122.97. The Vehicles & Parts industry median Days Payable is 66.70. Sharda Motor Industries' value of 87.67 is 31.4% above this industry median. Based on the distribution chart, Sharda Motor Industries ranks #515 out of 1316 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Sharda Motor Industries has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sharda Motor Industries' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Sharda Motor Industries ranks #515 out of 1316 companies for Days Payable. This puts Sharda Motor Industries in the upper half of its industry. The industry median Days Payable is 66.70. Sharda Motor Industries' value of 87.67 is 31.4% above this benchmark. Historically, Sharda Motor Industries' own Days Payable has ranged from 73.36 to 122.97 over the past decade. While the company's 10-year median is 87.10 vs. the industry median of 66.70, Sharda Motor Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.70, based on 1,316 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sharda Motor Industries's current Days Payable of 87.67 is 31.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sharda Motor Industries and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharda Motor Industries's current Days Payable is 87.67, which is near median its own 10-year median of 87.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharda Motor Industries stock overvalued right now?
Based on GuruFocus' analysis, Sharda Motor Industries (BOM:535602) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,096.70, compared to a current price of ₹875.90 — trading 20.1% below its estimated fair value. The current Days Payable is 87.67, which is near median its 10-year median of 87.10 and 31.4% above the Vehicles & Parts industry median of 66.70. Sharda Motor Industries' overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Sharda Motor Industries (BOM:535602), the current Days Payable is 87.67 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sharda Motor Industries (BOM:535602) Overvalued in 2026?

Based on GuruFocus' analysis, Sharda Motor Industries stock appears to be undervalued. The current stock price of ₹875.90 is trading 20.1% below its estimated GF Value™ of ₹1,096.70. GuruFocus considers Sharda Motor Industries to be Modestly Undervalued.

Key valuation signals for BOM:535602:

  • Days Payable: 87.67 (near median its 10-year median of 87.10)
  • GF Value™: ₹1,096.70 vs. price of ₹875.90 (20.1% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 31.4% above the Vehicles & Parts median (#515 of 1316)

No single metric tells the full story. See the BOM:535602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sharda Motor Industries Business Description

Other Exchanges SHARDAMOTR:India
Address D-188, Okhla Industrial Area, Phase - I, New Delhi, IND, 110020
Sharda Motor Industries Ltd is engaged in the manufacturing and assembly of auto components and white goods components. Its product portfolio includes exhaust systems, catalytic converters, suspension systems, sheet metal components, and plastic parts for the automotive and white goods industries. It operates in a single segment which is manufacturing and trading of auto component parts. Geographically, the company caters to both Indian and international markets and derives a majority of its revenue from its business in India.
87GF Score

Get the complete analysis for BOM:535602

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹875.90
Price
₹1,096.70
GF Value