SUNDRMFAST
Sundram Fasteners Limited
NSELast Traded Price
₹960
-0.95 (-0.1%)
Open
₹960.95
High
₹962.4
Low
₹952.55
Prev Close
₹960.95
Industry
Auto Components & Equipments
Market Cap
20172.32 Cr
Filing History
Recent corporate announcements and filings for SUNDRMFAST
Business Update
Neutral
2026-07-06 17:11
- CRISIL Ratings Limited re-affirmed Sundram Fasteners Limited's credit ratings on July 6, 2026.
- Ratings for Short Term Debt and Commercial Paper remain CRISIL A1+.
Routine
Neutral
2026-06-29 15:38
- Trading window for dealing in company securities will be closed from June 30, 2026.
- It will remain closed until 48 hours after the declaration of un-audited financial results for the quarter ending June 30, 2026.
- The date of the Board meeting to approve the results will be intimated later.
Governance
Neutral
2026-06-25 14:20
- 63rd Annual General Meeting (AGM) held on June 24, 2026.
- All resolutions, including adoption of financial statements for FY ended March 31, 2026, re-appointment of a director, and ratification of cost auditor remuneration for FY ended March 31, 2027, were passed with requisite majority.
Governance
Neutral
2026-06-24 14:48
- The 63rd Annual General Meeting (AGM) of Sundram Fasteners Limited was held on June 24, 2026.
- Key resolutions adopted include the Audited Financial Statements for FY 2025-26, re-appointment of Ms. Arundathi Krishna as a Director, and ratification of the Cost Auditor's remuneration for FY 2026-27.
Governance
Neutral
2026-06-02 12:25
- The 63rd Annual General Meeting (AGM) of Sundram Fasteners Limited will be held on Wednesday, June 24, 2026, at 09:30 a.m. via Video Conferencing/Other Audio Visual Means.
- The web link for the Annual Report 2025-26 and AGM notice is provided for shareholders.
Governance
Positive
2026-06-02 12:18
- The 63rd Annual General Meeting (AGM) is scheduled for Wednesday, June 24, 2026, at 09:30 a.m. IST via Video Conferencing.
- Key agenda items include the adoption of the Audited Financial Statement for the year ended March 31, 2026, re-appointment of Ms Arundathi Krishna as Director, and ratification of the Cost Auditor remuneration for FY2026-27.
- For the financial year ended March 31, 2026 (YoY):
- Operating Revenue ₹5,542Cr vs ₹5,210Cr (▲6.4% YoY)
- EBITDA ₹968Cr vs ₹864Cr (▲12.0% YoY)
- PAT ₹580Cr vs ₹517Cr (▲12.2% YoY)
- EBITDA Margin 17.5% vs 16.6% (▲90bps)
Business Update
Positive
2026-05-12 18:51
Management guided for double-digit growth in the coming two years, targeting nominal GDP plus 2% (12-13% overall growth). For FY27, the company expects to outperform industry growth by 2-3 percentage points, anticipating 8% growth in Commercial Vehicles, 10% in Passenger Vehicles, and 6-7% in the tractor segment. Exports are projected to grow 15-20% this year, returning to FY25 levels. The non-auto segment, currently 35% of revenue, is targeted to reach 50%, with railway orders potentially ramping up to INR 100 crores annually by Q3/Q4 FY27. While EV platforms faced setbacks, the ICE segment is seeing a near-normal rebound. The company plans annual Capex of at least INR 300 crores, 70% for revenue growth, and maintains a consistent 30% PAT distribution as shareholder return. Raw material prices are expected to remain stable with a pass-through mechanism.
Financials
Positive
2026-05-07 16:37
Sundram Fasteners Limited announced a Second Interim Dividend of Rs 4.25/- per share (425% of Re 1/- face value) for the financial year ended March 31, 2026. The dividend was declared by the Board on April 30, 2026, and will be paid on May 25, 2026, to eligible shareholders as of May 8, 2026. The filing also details the Tax Deduction at Source (TDS) provisions and documentation requirements for various categories of shareholders.
Ownership
Neutral
2026-05-05 18:17
Sundram Fasteners Limited announced on May 5, 2026, that it has applied to the stock exchanges for the re-classification of Lakshminarayana Ancillaries Private Limited, Upasana Properties Private Limited, and Upasana Private Limited from the 'Promoter Group' category to the 'Public' category, as per Regulation 31A of SEBI Listing Regulations.
Routine
Neutral
2026-05-05 16:45
New Filing detected. See link for details.
Governance
Neutral
2026-04-30 20:24
Sundram Fasteners Limited's Board of Directors approved, on April 30, 2026, the submission of an application to NSE and BSE for a no-objection certificate regarding the proposed reclassification of certain entities within the Promoter / Promoter Group. The reclassification, involving UFL Properties, Lakshminarayana Ancillaries, Upasana Properties, and TVS Sundram Fasteners Private Limited, is subject to stock exchange approval and is in accordance with SEBI Regulation 31A.
Financials
Positive
2026-04-30 20:15
Standalone Revenue for the year ended March 31, 2026, was ₹5,542.06 Cr vs ₹5,209.74 Cr (▲6.38% YoY), EBITDA was ₹915.36 Cr vs ₹854.50 Cr (▲7.12% YoY), and PAT was ₹580.38 Cr vs ₹517.01 Cr (▲12.26% YoY). EBITDA Margin was 16.52% vs 16.40% (▲12bps). The company declared a second interim dividend of Rs. 4.25 per share for FY26 and received an unmodified audit opinion.
Financials
Positive
2026-04-30 20:12
Sundram Fasteners Limited's Board of Directors approved a Second Interim Dividend of Rs. 4.25 per equity share of Re 1/- each for the financial year ended March 31, 2026. The record date for determining eligible shareholders is May 8, 2026 (Friday), and the dividend will be paid on May 25, 2026 (Monday).
Financials
Positive
2026-04-30 20:12
Sundram Fasteners Limited's Board approved a Second Interim Dividend of Rs. 4.25/- per share for the financial year ended March 31, 2026. The Record Date for this dividend is May 8, 2026, and payment will be made to eligible shareholders on May 25, 2026.
Financials
Positive
2026-04-30 20:09
Consolidated Revenue ₹1,693.30Cr vs ₹1,530.59Cr (▲10.63% YoY), EBITDA ₹256.12Cr vs ₹224.71Cr (▲13.98% YoY), PAT ₹161.36Cr vs ₹124.49Cr (▲29.61% YoY). EBITDA Margin 15.12% vs 14.68% (▲44bps). The board declared a second interim dividend of ₹4.25 per share (425%) for FY2025-26. An impairment loss reversal of ₹28.80Cr was recognized as an exceptional item. A one-time provision increase of ₹11.02Cr for employee benefits due to new Labour Codes was also recognized as an exceptional item.
Business Update
Positive
2026-04-29 17:53
Sundram Fasteners Limited announced that CRISIL Ratings Limited has re-affirmed its credit ratings for the company's Short Term Debt and Commercial Paper at CRISIL A1+. This re-affirmation, dated April 29, 2026, indicates a stable and strong credit risk profile.
Business Update
Neutral
2026-04-28 18:04
Sundram Fasteners Limited announced a conference call organized by Spark Institutional Equities Private Limited with its Management, scheduled for May 5, 2026 (Tuesday) at 10:00 AM (IST) to discuss the 4QFY26 results. Details for joining the call are provided.
Governance
Positive
2026-04-25 19:56
Sundram Fasteners Limited announced the results of its 17th Postal Ballot (remote e-voting held from March 26 to April 24, 2026). The resolution for the re-appointment of Sri Suresh Krishna as a Non-Executive Director for five years (July 2026 - June 2031) was passed with 99.83% votes in favour.
Governance
Positive
2026-04-24 10:23
Sundram Fasteners Limited announced a Board Meeting on April 30, 2026, to approve audited annual financial results for the financial year ended March 31, 2026, and consider declaring a second interim dividend. The trading window for designated persons will remain closed until May 5, 2026.
Routine
Neutral
2026-04-22 20:28
New Filing detected. See link for details.