Transcript of the Analyst / Investor Meet held on May 5, 2026 is enclosed herewith
SUNDRMFAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sundram Fasteners reported record performance for FY26 with revenue growing 7% to INR 5,612 crores and profit after tax at INR 580 crores (highest ever). Q4 standalone revenue crossed INR 1,500 crores for the first time at INR 1,529 crores, with EBITDA margin expanding to 17% from 15.6% in the corresponding quarter. The company cited stable raw material prices, favorable product mix, and cost management as key margin drivers. Exports returned to positive territory in Q4 after tariff-related disruptions last year, with management targeting 15-20% export growth in FY27. Non-auto segment (currently 35% of revenue) is being expanded into railways, aerospace, and defense, with railway business potentially reaching INR 100 crores annually. Management guided for double-digit growth over the next 2 years.
The company delivered its highest-ever profit with margin expansion, indicating operational efficiency gains. Strong Q4 export recovery and robust domestic demand (OE up 13%, retail up 20%) support the positive outlook. The stock is well-positioned given the multi-year growth targets and non-auto diversification plans.