Sundram Fasteners Ltd
NSE: SUNDRMFAST BSE: 500403Energy
Sundaram fasteners ltd, a part of the TVS Group of Companies, is engaged in manufacturing critical, high precision components such as fasteners, power train components etc for the automotive, infrastructure, windmill, and aviation sectors. [1]
₹835
52W: ₹730 — ₹1080
PE 30.9 · Book ₹193 · +333% vs bookMarket Cap₹17,553 Cr
Stock P/E30.9Price to Earnings
ROCE17.8%Return on Capital
ROE14.7%Return on Equity
Div. Yield0.95%Face Value ₹1
Strengths
- +Company has reduced debt.
- +Company has been maintaining a healthy dividend payout of 29.4%
Shareholding Pattern
Promoters46.94%
FIIs11.25%
DIIs22.39%
Public19.42%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 48.51% | 46.94%▼1.6 | 46.94% | 46.94% | 46.94% | 46.94% | 46.94% | 46.94% |
| FIIs | 13.15% | 13.26%▲0.1 | 13.03%▼0.2 | 12.97%▼0.1 | 11.1%▼1.9 | 10.56%▼0.5 | 10.02%▼0.5 | 11.25%▲1.2 |
| DIIs | 18.68% | 20.34%▲1.7 | 20.82%▲0.5 | 20.94%▲0.1 | 22.67%▲1.7 | 23.28%▲0.6 | 23.83%▲0.5 | 22.39%▼1.4 |
| Public | 19.65% | 19.45%▼0.2 | 19.19%▼0.3 | 19.13%▼0.1 | 19.27%▲0.1 | 19.21%▼0.1 | 19.19%▼0.0 | 19.42%▲0.2 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,179 | 1,278 | 1,310 | 1,289 | 1,257 | 1,354 | 1,350 | 1,338 | 1,351 | 1,502 |
| Expenses | 1,002 | 1,074 | 1,089 | 1,075 | 1,054 | 1,150 | 1,128 | 1,112 | 1,135 | 1,269 |
| Operating Profit | 177 | 204 | 221 | 214 | 203 | 204 | 222 | 226 | 216 | 234 |
| OPM % | 15% | 16% | 17% | 17% | 16% | 15% | 16% | 17% | 16% | 16% |
| Net Profit | 116 | 133 | 132 | 131 | 120 | 134 | 138 | 140 | 122 | 180 |
| EPS ₹ | 5.53 | 6.31 | 6.26 | 6.22 | 5.73 | 6.39 | 6.58 | 6.68 | 5.8 | 8.56 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹5,542Cr, up 6.4% YoY. OPM at 16%.
Debt Position
Borrowings at ₹456Cr. Debt-to-equity ratio: 0.11x. Healthy balance sheet.
Capex Cycle
CWIP at ₹107Cr (5% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 22.39% (+3.75pp change). FIIs: 11.25% (-0.70pp change). Promoters hold 46.94%.
Margin & Efficiency
ROCE improving from 18% (Mar 2015) to 18% (Mar 2026). Working capital days: 90.
Valuation
PE 30.9x with 17.8% ROCE. Price is 333% above book value of ₹193. Dividend yield: 0.95%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 12 May - Sundram Fasteners shared Q4 FY26 results call on May 5, 2026; FY26 revenue Rs5,612 crore, PAT Rs577 crore.
- Communication To Shareholders - Deduction Of Tax At Source On Dividend 7 May - Second interim dividend of Rs 4.25 per share declared; payable May 25, 2026, with TDS instructions.
- Intimation Regarding Submission Of Application Under Regulation 31A Of The SEBI (LODR) Regulations, 2015 5 May - Sundram Fasteners applied on May 5, 2026 to reclassify three promoter-group entities as public.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 5 May - Management held analyst call on May 5, 2026; audio recording available, no presentation made.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 May
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse