Sundaram Clayton Limited reported a standalone net profit of Rs 552.23 Crores for the financial year ended March 31, 2026, compared to Rs 257.92 Crores in the previous year. The Board of Directors, at its meeting held on May 14, 2026, approved the Annual Audited Financial Statements for both standalone and consolidated entities. The statutory auditors, M/s. Raghavan, Chaudhuri & Narayanan, issued an unmodified opinion on the financial statements.

Standalone Financial Performance

On a standalone basis, revenue from operations for the full year FY26 stood at Rs 1,788.55 Crores, while total income was Rs 1,808.90 Crores. The company noted that revenue is not comparable with previous periods due to the transfer of a business unit effective March 31, 2025. For Q4 FY26, revenue from operations was Rs 443.63 Crores and total income was Rs 451.15 Crores. EBITDA for the full year stood at Rs 330.3 Crores (18.3%), compared to Rs 297.2 Crores (14%) in the corresponding period last year. On a quarterly basis, Q4 EBITDA improved to 391M rupees from 313M rupees in the same period last year, with the EBITDA margin expanding to 7.54% from 5.33% year-on-year. The company recorded a loss before exceptional item and tax of Rs 379M in Q4 FY26, compared to a loss of Rs 290M in the same period last year.

Exceptional income for Q4 FY26 included an exceptional gain of 5.21B rupees, compared to 2.8B rupees in the same period last year. Additionally, an exceptional cost of Rs 7.67 Crores was recorded regarding past period employee benefit liability under the 'New Labour Codes'.

Consolidated Financial Performance

On a consolidated basis, Sundaram Clayton reported Q4 revenue of 5.2B rupees, compared to 5.9B rupees in the same period last year. The consolidated net profit for Q4 FY26 stood at 4.26B rupees, a significant improvement from 1.43B rupees in Q4 FY25. For the full year FY26, total income on a consolidated basis was Rs 2,047.06 Crores, compared to Rs 2,283.23 Crores in the previous year. The consolidated net profit for FY26 was Rs 252.38 Crores, a significant turnaround from a net loss of Rs 10.65 Crores in FY25. Total comprehensive income for the year stood at Rs 334.27 Crores versus a total comprehensive loss of Rs 1.63 Crores in the previous year.

Balance Sheet and Corporate Developments

Total standalone assets as of March 31, 2026, stood at Rs 3,434.28 Crores, up from Rs 3,029.37 Crores in the previous year. Total equity increased to Rs 1,960.51 Crores from Rs 1,424.08 Crores. Cash and cash equivalents rose to Rs 29.75 Crores from Rs 0.42 Crores. Outstanding Qualified Borrowings at the end of FY26 stood at Rs 855.92 Crores, with a credit rating of AA-/Negative for unsupported bank borrowings.

The Board declared an Interim dividend of Rs 4.5 per share on March 27, 2026, absorbing a sum of Rs 9.92 Cr. The Indian automobile industry delivered strong Q4 FY26 performance, with Passenger Vehicles growing 14% YoY and Commercial Vehicles growing 18.9% YoY.

Sundaram-Clayton has reappointed M/s. Raghavan, Chaudhuri & Narayanan, Chartered Accountants, Bengaluru, as its Statutory Auditors for a fresh five-year term spanning FY 2026-27 to FY 2030-31. The decision was taken by the Board of Directors at their meeting held on 14th May 2026, acting on the recommendation of the Audit Committee. The reappointment is subject to approval by shareholders at the company's ensuing Annual General Meeting. The disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting and Regulatory Disclosure

The Board meeting commenced at 11.30 a.m. (IST) and concluded at 12.25 p.m. (IST) on 14th May 2026. The intimation was furnished in accordance with SEBI Master Circular No. HO/49/14/14(7)2025 CFD-POD2/I/3762/2026 dated January 30, 2026. The key details of the reappointment, as disclosed in Annexure 1 submitted to the stock exchanges, are summarised below.

Profile of M/s. Raghavan, Chaudhuri & Narayanan

Raghavan, Chaudhuri & Narayanan (RCN) is a partnership firm of Chartered Accountants with offices in Bangalore and Chennai. The firm brings over four decades of professional experience across Audit, Assurance, Taxation, Corporate Advisory, and International Business Support. It is headed by senior partners with extensive experience in statutory audits of listed and large corporate entities.

The firm serves clients across a diverse range of sectors, reflecting its broad industry expertise:

• Automobiles
• Aerospace
• Technology
• Retail
• Real Estate
• Financial Services
• Multinational Groups

RCN also maintains a wide international client presence spanning the USA, UK, Europe, and Asia, underscoring its capability to support companies with cross-border operations and reporting requirements.

Compliance and Next Steps

The reappointment has been disclosed to BSE Limited and the National Stock Exchange of India Limited as required under the applicable listing regulations. The appointment will be formally ratified upon receiving shareholder approval at the upcoming Annual General Meeting of Sundaram-Clayton.