Audited financial results for the year ended March 31, 2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 30 Apr 2026, 08:18 PM IST · BSE ID: 84613a6f-720f-44ff-9cf8-3bbf3d056e06
View Original BSE Filing (PDF)
💡
In Simple Terms
Sundram Fasteners reported full-year profit of Rs. 517.01 Crore and declared a dividend of Rs. 4.25 per share to shareholders.
🤖 AI Summary
- FY26 net profit Rs. 517.01 Crore with EPS Rs. 27.62 per share (face value Rs. 1)
- Revenue from operations Rs. 5,542.116 Crore for full financial year ended March 31, 2026
- Board declared second interim dividend Rs. 4.25 per share (425%) effective May 8, 2026
- Profit before tax Rs. 767.41 Crore; exceptional items reversed Rs. 28.80 Crore impairment loss on UK subsidiary investment
- 63rd AGM scheduled June 24, 2026 via video conference; auditors issued unmodified opinion
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net profit for FY26
Rs. 517.01 Crore
Revenue from operations FY26
Rs. 5,542.116 Crore
Earnings per share (basic & diluted)
Rs. 27.62
Profit before tax FY26
Rs. 767.41 Crore
Operating cash flow FY26
Rs. 705.12 Crore
Total assets as at March 31, 2026
Rs. 5,358.99 Crore
Borrowings March 31, 2026
Rs. 447.60 Crore
-24.96%
Second interim dividend per share
Rs. 4.25 (425%)
Exceptional item — impairment reversal
Rs. 28.80 Crore
Labour code provision (one-time)
Rs. 11.02 Crore
🏢 How This Affects the Company
Company maintained automotive-focused manufacturing with single reportable segment. Revenue from operations Rs. 5,542.116 Crore demonstrates sustained market presence in bolts, nuts, pumps, sintered and forged products.
Net profit Rs. 517.01 Crore generated with total comprehensive income Rs. 516.99 Crore. Operating cash flow Rs. 705.12 Crore. Total assets increased to Rs. 5,358.99 Crore from Rs. 4,988.71 Crore. Borrowings reduced to Rs. 447.60 Crore from Rs. 596.51 Crore, indicating debt reduction and improved liquidity.
Company recognized statutory impact from new Labour Codes effective November 21, 2025 — one-time provision increase Rs. 11.02 Crore for employee benefits. Working capital management improved with inventory and receivables optimization.
Impairment reversal of Rs. 28.80 Crore on Sundram International Limited (UK) investment indicates recovery in previously stressed overseas operations. No material downside risks flagged in audited statements.
👥 What This Means For Shareholders
✅
Action Required
Note dividend record date May 8, 2026; ensure shareholding in demat account by that date to receive interim dividend Rs. 4.25 per share.
👤
Who Is Affected
All equity shareholders holding shares on record date May 8, 2026 are entitled to second interim dividend of Rs. 4.25 per share (425% on Rs. 1 face value).
🔍
Management Signal
Consistent interim dividend declarations and debt reduction indicate management confidence in earnings sustainability and capital discipline.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
AGM on June 24, 2026 — monitor for dividend approval and shareholder voting outcomes on resolutions
Q1 FY27 results expected July-August 2026 — check if operating margin stabilizes above 13% post-labour code impact
Dividend payment completion May 8, 2026 record date — verify dividend settlement in demat accounts by payment date
LOW RISK
Auditor unmodified opinion, healthy operating cash flow Rs. 705.12 Crore, debt reduction Rs. 148.91 Crore, and recoveries on UK investment support low-risk profile.
💡 Investor Takeaway
FY26 net profit Rs. 517.01 Crore on revenue Rs. 5,542.116 Crore with EPS Rs. 27.62. Second interim dividend Rs. 4.25 per share (425%) declared for record date May 8, 2026. Operating cash flow Rs. 705.12 Crore covered capital expenditure and distributions. Debt reduced Rs. 148.91 Crore year-over-year.
⚖️ Strengths & Concerns
✅ Positives
- Operating cash generation Rs. 705.12 Crore covers capex Rs. 337.71 Crore and dividend Rs. 167.05 Crore with strong buffer
- Debt reduction Rs. 148.91 Crore year-over-year (borrowings fell from Rs. 596.51 Crore to Rs. 447.60 Crore) strengthens balance sheet
⚠️ Concerns
- Operating profit margin compressed to 13.48% from 14.71% due to cost pressures and exceptional labour code provisions
- Non-current asset impairment history on UK subsidiary requires monitoring despite Rs. 28.80 Crore reversal in FY26
📅 Company Track Record
Sundram Fasteners (CIN L35999TN1962PLC004943) incorporated 1962, based Chennai. Single automotive components segment: bolts, nuts, pumps, sintered/forged parts. FY26 marks audited results with unmodified audit opinion. Company has history of impairment provisions on UK subsidiary investments from COVID-19 pandemic impact; partial reversal Rs. 28.80 Crore in FY26 indicates recovery trajectory.
Based on publicly available historical data. For context only.