Sundram Fasteners enters Q1 FY27 with strong domestic tailwinds, as record auto retail dispatches in June and a surge in US Class 8 truck orders signal a robust start to the fiscal year. Investors will be closely watching the company's margin trajectory and the pace of export recovery, particularly as management targets a double-digit revenue growth rate for the year.
| Results date | August 04, 2026 |
|---|---|
| Quarter | Q1 FY 2026-2027 |
| Previous quarter revenue | Rs. 1,502 Cr |
| Previous quarter PAT | Rs. 180 Cr |
| Previous quarter EBITDA margin | 17.0% |
| Market cap | Rs. 20,295.22 Cr |
| CMP | Rs. 966.15 |
The board meeting is scheduled for August 04, 2026, to consider the audited financial results and recommend dividend for FY2026.
Performance vs Guidance Tracking
Strategic Initiatives & EV Updates
Risks and headwinds to monitor
The company reported revenue of Rs. 1,502 Cr in Q4 FY26. This performance was supported by record domestic passenger vehicle dispatches and strong export recovery.
Management has guided for 15–20% export growth in FY27, driven by a recovery in the North American Class 8 truck market where preliminary orders doubled YoY. The company is also expanding its footprint in Europe and the UK to de-risk its North American exposure.
The company is targeting an annualized run rate of Rs. 100 Cr by Q3/Q4 FY27. As of Q4 FY26, the monthly run rate was Rs. 2–3 Cr, with a tender hit rate of approximately 20%.
Sundram Fasteners maintains an ongoing policy of distributing 30% of its PAT as dividends. For FY26, the company declared a total dividend of Rs. 8.00 per share.
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