Sundram Fasteners Revenue Rises to Rs 1,846 Crore in Q1FY27, Plans ₹400 Cr Capex

Sundram Fasteners Limited reported a 20% increase in consolidated revenue from operations at Rs 1,846.07 Crore for the quarter ended June 30, 2026, compared to Rs 1,533.39 Crore in the corresponding period of the previous year.

Consolidated net profit for the first quarter grew 14% to Rs 168.69 Crore, up from Rs 147.94 Crore reported in the year-ago period. On a standalone basis, operational revenue increased 20% to Rs 1,614.76 Crore compared to Rs 1,350.17 Crore in the prior year. Standalone domestic sales rose 16% to Rs 1,084.31 Crore, while export sales expanded 23% to Rs 465.97 Crore. Standalone net profit reached Rs 150.97 Crore against Rs 138.35 Crore in the previous year. Standalone earnings per share stood at Rs 7.18, with consolidated earnings per share at Rs 8.01.

Managing Director Arathi Krishna stated that the company experienced a steady recovery in export demand and sustained domestic market resilience, alongside progress in non-automotive sectors including aerospace, wind energy, railways, and defence.

The board also earmarked a capital expenditure of Rs 400 Crore to expand manufacturing capacities across internal combustion engine, plug-in hybrid electric, and electric vehicle segments. Out of the total outlay, approximately Rs 250 Crore will be allocated to the Fasteners Division for wind energy, space, and aerospace applications, while Rs 100 Crore is targeted for the Cast and Machined Assemblies business.