Sundram Fasteners (SUNDRMFAST) Q4 24/25 earnings summary

Executive summary

• Achieved record annual and quarterly revenues, with standalone revenue at INR 5,231 crores and consolidated revenue at INR 5,983.74 crores for FY 2025, up 5.6% and 4.6% year-over-year respectively.

• Standalone PAT reached INR 517 crores, up 7.7% year-over-year, and consolidated PAT was INR 541.75 crores, a 3.1% increase.

• EPS grew by 8% year-over-year, reaching INR 24.60 standalone and INR 25.66 consolidated, the highest in company history.

• Board declared a total dividend of INR 7.20 per share for FY 2025, including two interim dividends.

• Achieved highest ever quarterly profit after exceptional income, with Q4 standalone net profit at INR 134.37 crores.

Financial highlights

• Standalone EBITDA for FY 2025 was INR 863.59 crores, margin at 16.5%; consolidated EBITDA was INR 972 crores, margin at 16.2%.

• Standalone PBT for FY 2025 was INR 680.59 crores, up from INR 639.07 crores in FY 2024.

• Exceptional income of INR 12.5 crores from reversal of impairment provisions for overseas subsidiaries.

• Inventory build-up in anticipation of U.S. demand increased conversion costs and working capital needs.

• Borrowings rose due to higher inventory, receivables, and significant capital expenditure.

Outlook and guidance

• Expectation for contribution and PBT margins to normalize as inventory is liquidated.

• Non-auto segment targeted to grow from one-third to 50% of total revenue in the long term, with immediate focus on wind energy.

• Wind energy business aims to double revenue from INR 300 crores to INR 600 crores.

• Export revenue budgeted at $200 million for FY 2026.

• Management expects continued volume-led growth, leveraging opportunities in EV and innovation, despite short-term delays due to tariffs.