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Earnings Call Transcript

Sundram Fasteners Earnings Call Transcript: Key Takeaways

Sundram Fasteners reported strong Q1 FY27 results with 20% growth in turnover and 10% profit growth. Focus remains on scaling EV segments and non-auto business in wind energy and aerospace.

Guidance and delivery
Management target Revenue 20.0% FY27
Highlights
Revenue growth20% YoY for Q1
MarginsEBITDA 16.1%; targeting 16.5% post price negotiations
Order bookINR 1,000 crores pipeline of new projects
Demand visibilityStrong; 38-month high backlog for Class 8 trucks
Management confidenceHigh; positive on coming quarters and festival demand

Growth

Standalone revenue grew 20% to INR 1,618 crores from INR 1,367 crores; PAT increased to INR 150 crores.

Outlook

Targeting INR 400 crores capex; EV revenue guidance of INR 200-250 crores for FY27.

Risks

Inflationary pressures on raw and indirect materials due to West Asia conflict; elevated cash conversion cycle.

Last quarter's promises, checked

Delivered

  • Guided double-digit growth FY27 → delivered 20% revenue growth (= BEAT)
  • Guided 15-20% export growth → delivered 20% export revenue growth (= BEAT)
  • Guided INR 400cr annual capex → delivered INR 400cr capex plan (= BEAT)

Partly delivered

  • Guided INR 100cr annual railway revenue → delivered INR 2-3cr monthly run rate (= PARTIAL)

Missed

  • Targeted 17% EBITDA margin → delivered 16.1% (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: SUNDRMFAST. Summary written with AI assistance from the document.

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Sundram Fasteners Ltd: key numbers

Share price
₹1,178.90
Market cap
₹24,772 Cr
Revenue (annual)
₹6,289 Cr
Net profit (annual)
₹591.2 Cr
P/E (TTM)
40.5×Sector 33.6×
Promoter holding
46.95%+0.00% QoQ
FII holding
11.40%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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