Sundram Fasteners Reports Record Q1 Net Profit of Rs 148 Crore, Exports Dip

Sundram Fasteners reported a 4% YoY increase in Q1 net profit to a record Rs 148 crore, with consolidated revenue at Rs 1,533.39 crore, a 2% YoY growth. Domestic sales surged 8.78% YoY, while exports declined due to global uncertainties. EBITDA reached a record Rs 238.77 crore, with a 17.5% margin. The company plans to continue investing in innovation and capacity expansion, aiming to fortify its leadership in the automotive component markets.

Chennai-based auto components major Sundram Fasteners reported a 4% year-on-year (YoY) increase in its net profit for the first quarter of FY26, reaching Rs 148 crore. This marks the company's highest-ever consolidated net profit, according to the latest financial results [1]. The company also recorded a 2% YoY growth in consolidated revenue, reaching Rs 1,533.39 crore [1].

Domestic sales surged by 8.78% YoY to Rs 931 crore, reflecting strong demand for the company's products [1]. However, export sales declined to Rs 379 crore from Rs 423 crore in the previous quarter, due to pressures from global economic and geopolitical uncertainties [1].

The company's earnings per share (EPS) for the quarter ended June 30, 2025, stood at Rs 7.06. The EBITDA for the quarter reached Rs 238.77 crore, the highest in the company’s history, with a 17.5% margin [1]. Gross margins improved significantly, from 57.5% to 59.9% [1].

Managing Director Arathi Krishna attributed the strong performance to resilient domestic demand and robust execution. "This progress is a testament to the dedication and expertise of our teams, who continue to drive operational excellence and uphold the highest standards of product quality," she said [1].

Despite global headwinds, Krishna emphasized the company’s continued focus on long-term growth. "We remain confident in the competitive strength of our product portfolio and the durability of our long-term partnerships," she said [1]. Sundram Fasteners plans to continue investing in innovation, capacity expansion, and customer engagement, aiming to fortify its leadership in the Indian and global automotive component markets [1].

The company's share price on the NSE closed at ₹992, down ₹12.80 (-1.27%) from the previous close [2].

References:
[1] https://www.business-standard.com/companies/quarterly-results/sundram-fasteners-q1-profit-hits-record-on-strong-domestic-demand-125073101813_1.html
[2] https://www.thehindubusinessline.com/companies/sundram-fasteners-ltd-reports-highest-ever-consolidated-quarterly-net-profit-and-revenue-in-q126/article69878719.ece