Sundaram Brake Linings Limited has informed the Exchange regarding Outcome of Board Meeting held on May 25, 2026.
SUNDRMBRAK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sundaram Brake Linings Limited reported its audited financial results for FY ended March 2026. Revenue from operations declined to Rs. 34,465.22 lakhs from Rs. 35,221.30 lakhs in the prior year, a drop of about 2.1%. Profit after tax fell sharply to Rs. 256.71 lakhs from Rs. 517.28 lakhs in the previous year, representing a 50% decline. The Board recommended a dividend of Rs. 0.65 per share (6.5% on face value). Key appointments include Ms. Shrikirti Mahesh as Additional Director and Mr. Pradeep Kumar Nath as Company Secretary. The Nomination and Remuneration Committee was also reconstituted. Statutory auditors issued an unmodified (clean) opinion on the financial results.
The company experienced a significant decline in profitability with PAT falling by half year-over-year, which could negatively impact investor sentiment. However, strong operating cash flow of Rs. 2,137.21 lakhs and reduced borrowings indicate improved liquidity management. The dividend recommendation provides some investor appeal.