Sona BLW Precision Forgings Ltd (SONACOMS) is a leading global automotive technology company specializing in mission-critical, high-precision components for both electrified and conventional powertrains. Headquartered in Gurgaon, the company supplies differential assemblies, gears, traction motors, and starter motors to top-tier OEMs like Tesla, Bosch, Stellantis, Tata Motors, and Mahindra. With an 8.1% global market share in differential gears and 4.2% in starter motors (as of CY2023), Sona BLW is a key player in India’s auto component export ecosystem. The company is also expanding aggressively into EV drivetrain systems, positioning itself at the forefront of the mobility transition. This article provides a data-backed outlook on the Sona BLW Precision Forgings share price target 2026–2030.
Sona BLW Precision Forgings Ltd: Company Overview
- Founded: 1994
- Headquarters: Gurgaon, Haryana
- Key Segments: Differential Assemblies, Gears, EV Traction Motors, Starter Motors, BSG Systems
- Global Presence: Supplies to 15+ countries; manufacturing facilities in India, Mexico, China, and Hungary
- Strategic Edge: One of the few Indian auto-component firms with deep integration into global EV supply chains
Sona BLW is debt-free, technologically advanced, and backed by strong institutional ownership—making it a premium mid-cap play in India’s auto ancillary space.
Sona BLW Precision Forgings Ltd: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹495.70 |
| Market Capitalization | ₹30,815.62 Cr |
| No. of Shares Outstanding | 62.18 Cr |
| 52-Week High / Low | ₹560 / ₹380 |
| P/E Ratio (TTM) | 52.15 |
| P/B Ratio | 5.38 |
| EPS (TTM) | ₹9.50 |
| Book Value (TTM) | ₹92.13 |
| ROE | 14.65% |
| ROCE | 19.49% |
| Dividend Yield | 0.65% |
| Face Value | ₹10 |
| Cash | ₹1,211.26 Cr |
| Total Debt | ₹0 Cr |
| Debt-to-Equity | 0.00 |
| Sales Growth (YoY) | 11.74% |
| Profit Growth (YoY) | 19.65% |
| Promoter Holding | 28.02% |
Sona BLW Precision Forgings Ltd Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹520 – ₹580 |
| 2027 | ₹560 – ₹640 |
| 2028 | ₹600 – ₹700 |
| 2029 | ₹640 – ₹770 |
| 2030 | ₹680 – ₹850 |
Sona BLW Precision Forgings Ltd Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹520 | ₹580 |
Sona BLW reported 19.65% YoY profit growth and 11.74% sales growth in FY2025, driven by strong EV traction motor shipments and recovery in global auto production. However, its P/E of 52.15x is significantly above the auto component sector average (~25–30x), reflecting a rich valuation. The stock remains sensitive to global auto demand cycles and raw material costs. A 2026 target of ₹520–₹580 assumes steady execution and no major supply chain disruptions.
Sona BLW Precision Forgings Ltd Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹560 | ₹640 |
The company’s BEV (Battery Electric Vehicle) business now contributes ~38% of revenue, with traction motors being a key growth driver. If Sona BLW sustains 15–18% earnings CAGR and maintains its technological edge, investor sentiment could remain positive. Assuming EPS of ₹10.80–₹12.00 by FY27 and a P/E of 48–50x (justified by EV exposure), the 2027 range is ₹560–₹640.
Sona BLW Precision Forgings Ltd Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹600 | ₹700 |
By 2028, benefits from new contracts in Europe and North America should reflect in margins. The company’s asset-light expansion strategy and zero debt provide flexibility for R&D and capex. A P/E of 48–52x on projected EPS (~₹11.50–₹13.50) supports the ₹600–₹700 band.
Sona BLW Precision Forgings Ltd Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹640 | ₹770 |
Long-term tailwinds include global EV adoption, localization mandates, and India’s PLI scheme for auto components. Risks include customer concentration and margin pressure from competition. Using a P/E of 50–55x on FY29 EPS (~₹12.00–₹14.00), the 2029 target is ₹640–₹770.
Sona BLW Precision Forgings Ltd Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹680 | ₹850 |
Over a five-year horizon, Sona BLW’s value lies in its global EV franchise and engineering capabilities—not dividend income. While the current valuation leaves little room for error, its strategic positioning justifies a premium. A terminal P/E of 52–58x on FY30 EPS (~₹12.50–₹14.70) supports the ₹680–₹850 range.
Sona BLW Precision Forgings Ltd: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Promoters | 28.02% |
| Domestic Institutional Investors (DII) | 40.70% |
| Foreign Institutional Investors (FII) | 23.89% |
| Public & Retail | 7.39% |
| Others | 0% |
High institutional ownership (64.6%) reflects strong confidence in governance and growth potential. Promoter holding has declined over time due to IPO and FPO dilution—but remains aligned with long-term strategy.
Sona BLW Precision Forgings Ltd: Strengths vs Risks
Strengths:
- Debt-free balance sheet with ₹1,211 Cr cash
- Global leader in differential gears and EV traction motors
- Strong client base: Tesla, Stellantis, Bosch, Tata Motors
- High ROCE (19.49%) and consistent profit growth (31.5% CAGR over 5 years)
Risks:
- Rich valuation (P/E: 52x, P/B: 5.38x)—vulnerable to market corrections
- Working capital days increased from 76 to 118—signals liquidity pressure
- Exposure to global auto cycles and commodity price volatility
- Low dividend yield (0.65%) limits income appeal
Investment Suitability
| Factor | Assessment |
|---|---|
| Risk Profile | Moderate to High |
| Ideal Time Horizon | 3–5+ years |
| Volatility | Higher than market average (mid-cap auto tech) |
| Dividend/Income Potential | Minimal (0.65% yield) |
| Best For | Growth-oriented investors seeking global EV exposure |
- Profit-taking after a 2023 rally
- Concerns over rising working capital days
- Global auto production slowdown in key markets
- Rich valuation limiting near-term upside
Final Verdict
Sona BLW Precision Forgings Ltd is a high-quality, globally integrated auto-tech company with strong EV tailwinds. While its premium valuation warrants caution, its debt-free balance sheet, engineering moat, and institutional backing make it a credible long-term compounder. Our Sona BLW share price target 2026–2030 (₹520 to ₹850) reflects steady growth—contingent on flawless execution and stable global demand.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener.in – Sona BLW Consolidated Page (FY2025 + TTM)
- Finology Ticker – SONACOMS Financial Ratios & Valuation
- Sona BLW Investor Presentation (Q3 FY26, Jan 2026)
- BSE India – Annual Report FY2025
- Company Website – Product Portfolio & Global Footprint






