Sundram Fasteners Posts Record Consolidated Income of Rs 6,368 Crores for FY 2026

Sundram Fasteners Limited closed the financial year ending March 31, 2026, with a consolidated total income of Rs 6,368.25 crores, marking an increase from Rs 5,983.74 crores in the preceding year. The component manufacturer reported its highest ever consolidated net profit at Rs 592.85 crores for the fiscal year, up from Rs 541.75 crores previously. Additionally, the consolidated earnings before interest, depreciation, and taxes for the year stood at a record Rs 1,075.33 crores.

For the final quarter of the fiscal year, the company reported a standalone total income of Rs 1,529.09 crores, reflecting a 12 percent growth compared to Rs 1,362.09 crores in the same period last year. This quarterly performance was supported by domestic sales of Rs 1,028.57 crores, which grew 14 percent from Rs 900.42 crores, while export sales saw a marginal increase to Rs 432.31 crores from Rs 409.62 crores. The standalone net profit for the quarter surged by 34 percent to reach Rs 179.88 crores, compared to Rs 134.37 crores in the corresponding quarter of the previous year.

Operating margins showed steady improvement, with the standalone quarterly EBITDA expanding to 17.0 percent from 15.6 percent, aided by cost control measures and operational efficiencies. Over the full financial year, the company invested Rs 404.27 crores in capital expenditure to expand the capacity of its existing business lines and fund new projects. In terms of shareholder returns, the board of directors declared a second interim dividend of Rs 4.25 per share. When combined with the first interim dividend paid in November 2025, the total dividend payout for the financial year amounts to Rs 8.00 per share.

Managing Director Arathi Krishna attributed the quarterly results to operational discipline and customer focus amidst global geopolitical uncertainties. She noted that strong momentum in non auto segments like wind energy, aerospace, and railways provides headroom for future growth. Furthermore, an uptick in North American Class 8 truck sales and a strategic shift to engage directly with original equipment manufacturers outside India in the fasteners division has enhanced market access and margins.