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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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Sundram Fasteners consolidated profit up 30% in Q4 FY26
2026-05-01 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Arathi Krishna, Managing Director, Sundram Fasteners Ltd

Arathi Krishna, Managing Director, Sundram Fasteners Ltd

Sundram Fasteners Ltd reported a 30 per cent increase in consolidated net profit for the fourth quarter ended March 31, 2026, to ₹161 crore as against ₹124 crore during the same period in the previous year on the back of robust demand and operational efficiencies. The company’s consolidated revenue was ₹1,720 crore (₹1,538 crore), registering a growth of 12 per cent.

The consolidated net profit for the year was ₹593 crore (₹542 crore) on revenue of ₹6,368 crore (₹5,984 crore), the release said.

On a standalone basis, the company said that it registered its highest ever standalone net profit for a quarter at ₹180 crore for the fourth quarter compared to ₹134 crore during the same period in the previous year, registering a growth of 34 per cent.

For the entire fiscal, the standalone net profit was at ₹580 crore compared to ₹517 crore in the previous year, reporting a growth of 12 per cent. Revenue was ₹5,612 crore (₹5,231 crore). The domestic sales for the year ended March 31, 2026, were at ₹3,911 crore (₹3,458 crore), a 13 per cent growth. The export sales were at ₹1,457.88 crore (₹1,584 crore), the release said.

Arathi Krishna, Managing Director, Sundram Fasteners Ltd, in the release said despite a challenging global environment marked by geopolitical uncertainties, the company delivered all-time high results driven by robust domestic demand and improved efficiencies. “We continue to see strong momentum in our non-auto segments such as wind energy, aerospace and railways, which provide significant headroom for future growth,” she said.

Additionally, new business wins across geographies have enabled the company to expand the global footprint.

The uptick in North American Class 8 truck and ICE vehicle sales has supported growth in automotive portfolio, while strategic shift to directly engage with OEMs outside India in the fasteners division has enhanced both margins and market access, she said.

Interim dividend

The company’s directors declared a second interim dividend of ₹4.25 per share (425 per cent), which, together with the first interim dividend of ₹3.75 per share declared and paid in November 2025, would amount to a total dividend of ₹8 per share (800 per cent) for FY26.

Capital expenditure

To drive long-term growth, the company said that it incurred ₹404 crore towards capex as part of capacity expansion of existing lines of business and new projects.

Published on April 30, 2026