Sundram Fasteners (SUNDRMFAST) Q2 24/25 earnings summary

Executive summary

• Standalone total revenue for H1 FY25 reached Rs 2,612.35 Cr, up 6.4% year-over-year; consolidated total revenue was Rs 3,001.92 Cr, up 5.6% year-over-year.

• Standalone PAT for H1 FY25 was Rs 262.28 Cr, a 13.5% increase year-over-year; consolidated PAT was Rs 286.53 Cr, up from Rs 261.79 Cr.

• Achieved highest ever consolidated net profit of Rs 143.84 Cr for Q2 FY25, with consolidated revenue at Rs 1,499.07 Cr, up from Rs 1,421.82 Cr year-over-year.

• Standalone Q2 FY25 revenue was Rs 1,300.17 Cr, up from Rs 1,231.97 Cr in Q2 FY24.

• Export sales grew 15.4% year-over-year in Q2 FY25, while domestic sales remained stable.

Financial highlights

• Standalone Q2 FY25 PAT was Rs 130.64 Cr, up 10.5% year-over-year; consolidated Q2 FY25 PAT was Rs 143.84 Cr, up from Rs 133.05 Cr.

• Standalone EBITDA for Q2 FY25 was Rs 225.15 Cr, with margin improving to 17.3% from 16.6% year-over-year.

• Standalone Q2 FY25 EPS was Rs 6.22, up from Rs 5.63; consolidated EPS was Rs 6.78, up from Rs 6.28.

• For H1 FY25, standalone revenue was Rs 2,599.17 Cr (up from Rs 2,448.92 Cr), and consolidated revenue was Rs 2,983.71 Cr (up from Rs 2,832.58 Cr).

• Standalone net profit for H1 FY25 was Rs 262.28 Cr (up 13.5% year-over-year); consolidated net profit was Rs 286.53 Cr (up from Rs 261.79 Cr).

Outlook and guidance

• Capital expenditure for H1 FY25 was Rs 238.25 Cr, in line with the planned Rs 400 Cr for FY25, focusing on non-auto, EV, hybrid, and adjacent sectors.

• Interim dividend of Rs 3.00 per share (300%) declared for FY25.