Sundram Fasteners' Q2 FY 2025-26 Quarterly Results

Result Summary

• Sundram Fasteners Ltd reported a 0.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 2.8%.
• Its expenses for the quarter were down by 1.1% QoQ and up 2.6% YoY.
• The net profit increased 3.3% QoQ and increased 6.2% YoY.
• The earnings per share (EPS) of Sundram Fasteners Ltd stood at 7.18 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sundram Fasteners Ltd is a prominent player in the automotive components industry, known for its extensive range of products that cater to the needs of the automotive sector. The company's product portfolio includes high-tensile fasteners, cold extruded parts, sintered metal components, and radiator caps, among others. Sundram Fasteners has established a strong reputation for quality and innovation, serving both domestic and international markets. The company is part of the larger conglomerate, TVS Group, which is a well-known entity in the Indian automotive sector. While specific recent developments are not provided in the data, Sundram Fasteners continues to focus on expanding its global footprint and enhancing its manufacturing capabilities.

Revenue

In Q2FY26, Sundram Fasteners Ltd reported total income of ₹1541.61 crores, reflecting a slight decrease of 0.7% compared to the previous quarter (Q1FY26) where the total income was ₹1553.19 crores. However, there is a year-over-year growth of 2.8% from Q2FY25, where the total income was ₹1499.07 crores. This indicates a positive trend in revenue generation over the year despite the marginal quarter-over-quarter decline. The company’s ability to maintain growth in total income year-over-year demonstrates resilience in its revenue stream amid varying market conditions.

Profitability

The profitability metrics for Sundram Fasteners Ltd show a steady performance in Q2FY26. The Profit Before Tax (PBT) increased to ₹201.80 crores, marking a 1.3% quarter-over-quarter growth from ₹199.13 crores in Q1FY26 and a 4.5% year-over-year increase from ₹193.20 crores in Q2FY25. The Profit After Tax (PAT) also saw a rise to ₹152.75 crores, which is a 3.3% increase from the previous quarter and a 6.2% growth compared to the same period last year. These figures are complemented by the Earnings Per Share (EPS), which improved to ₹7.18, up 1.7% QoQ and 5.9% YoY. The company experienced a reduction in tax expenses by 4.2% compared to the previous quarter, amounting to ₹49.05 crores in Q2FY26.

Operating Metrics

The total expenses for Sundram Fasteners Ltd in Q2FY26 were ₹1339.81 crores, showing a reduction of 1.1% from ₹1354.06 crores in Q1FY26. Compared to Q2FY25, there is a 2.6% increase from ₹1305.87 crores. This indicates effective cost management on a quarterly basis while accommodating slightly higher expenses year-over-year. The company’s ability to control expenses has positively impacted its overall financial performance, contributing to the growth in profitability metrics. The reduction in expenses quarter-over-quarter, coupled with increased year-over-year income, highlights the company's operational efficiency and strategic financial management.