SUNDRMFAST

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.

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.

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.

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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.

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.

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).

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.

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.

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.

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.

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.

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.

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