| Management target | Revenue 20.0% FY27 |
|---|
| Revenue growth | 30% YoY growth driven by robust export and OE segment demand. |
|---|---|
| Margins | Margins dropped 1.5% due to raw material math, expansion expected. |
| Demand visibility | Strong demand in CV and Passenger Car segments; softening in tractors. |
| Management confidence | Balanced confidence highlighting strong order books and export momentum. |
Growth
Revenue grew 30% YoY; exports surged 57% YoY. Volume growth contributed 15-16% to the total tonnage.
Outlook
Management expects H2 growth to mirror H1 performance with 20% annual growth target maintained.
Risks
Steep raw material and energy cost inflation impacted gross margins by 250 basis points.
Last quarter's promises, checked
Delivered
- Guided ~20% run-rate growth → delivered 30% YoY (= BEAT)
- Guided CV growth 8% → delivered CV +25% in H1 (= BEAT)
- Guided ~₹400 Cr capex → FY27 plan ₹400 Cr, plan only (= BEAT)
Partly delivered
- Guided wind ₹350→₹500 Cr annualized → ₹500 Cr target retained, no delivery figure (= PARTIAL)
Missed
- Guided EBITDA ~16.5% with Q2 expansion → margins dropped 1.5%, gross margin −250bps (= MISS)
- Guided tractor growth 7% → 'softening', no figure disclosed (= MISS)
Earnings Call Transcript filed with NSE, NSE: SUNDRMFAST. Summary written with AI assistance from the document.
Sundram Fasteners Ltd: key numbers
- Share price
- ₹1,070.00
- Market cap
- ₹22,484 Cr
- Revenue (annual)
- ₹6,289 Cr
- Net profit (annual)
- ₹591.2 Cr
- P/E (TTM)
- 35.5×Sector 30.9×
- Promoter holding
- 46.95%+0.00% QoQ
- FII holding
- 11.02%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Sundram Fasteners Ltd
All →Sundram Fasteners Dividend
Sundram Fasteners declared an interim dividend of Rs. 4.05 per share for FY 2026-27 at its 28 October 2026 board meeting. Record date is 6 November 2026 and payment on 23 November 2026.
Sundram Fasteners Q2 FY27 Results: Net Profit ₹172.6 Cr, Up 13.0% YoY
Sundram Fasteners Ltd reported revenue from operations of ₹1,984 Cr (+30.5% YoY) and net profit of ₹172.6 Cr (+13.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹172.6 Cr · +13.0% YoY
Sundram Fasteners Board Meeting Date
Sundram Fasteners schedules a board meeting on October 28, 2026, to approve unaudited financial results and consider an interim dividend.
Sundram Fasteners Other Announcement
Sundram Fasteners filed its quarterly shareholding pattern. The company reclassified three entities from the promoter group to public category per SEBI Regulation 31A.
Sundram Fasteners Promoter Reclassification
Sundram Fasteners received NSE and BSE approval to reclassify three Promoter Group entities as Public. The move under Reg 31A reduces promoter holding to Nil.
Sundram Fasteners Credit Rating
Sundram Fasteners Limited has received a re-affirmation of its 'CRISIL A1+' rating for its short-term debt and commercial paper instruments from CRISIL Ratings Limited.