India · Delayed Price · Currency is INR Sundram Fasteners Earnings Call Transcripts
Fiscal Year 2026
-
Annual revenue grew 7% to INR 5,612 crores, with record profit after tax and margin expansion driven by stable costs and operating leverage. Exports and non-auto segments are rebounding, and management targets double-digit growth, supported by strong order books and capital allocation for expansion.
-
Domestic business saw 18% growth in Q3 FY26, offsetting export moderation from tariffs. EBITDA margin improved to 17.3% for nine months, with a target of 18% as high-margin wind and aerospace segments expand. Double-digit revenue growth and INR 250 crore CapEx are planned for FY27.
-
Record H1 revenue and profit driven by strong domestic growth, margin expansion from softer raw material prices, and benefits from rupee depreciation. Export softness due to North American truck market and regulatory uncertainty is expected to recover in the next 6–12 months.
-
Q1 FY2026 saw record revenue and profit, driven by strong domestic growth, improved margins from favorable product mix and cost controls, and robust performance in wind energy and aerospace. Export markets remain uncertain, but management expects 8%-9% full-year growth if conditions improve.
Fiscal Year 2025
-
Record annual revenue and profit achieved, driven by strong domestic and export performance. Inventory build-up and tariffs impacted costs, but long-term growth is targeted in non-auto and wind energy segments, with significant CapEx planned.
-
Q3 results showed moderate domestic growth and strong export performance, with EBITDA margin at 16.1% and profit after tax rising year-over-year. Wind and EV segments are ramping up, while CapEx and inventory build-up position the company for a stronger Q4 and FY26.