Sundram Fasteners Limited has scheduled its 63rd Annual General Meeting (AGM) for Wednesday, June 24, 2026, at 9:30 a.m. IST, to be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), without a physical venue, in compliance with the Companies Act, 2013 and Ministry of Corporate Affairs (MCA) circulars. The company reported a standalone Profit After Tax (PAT) of ₹580.38 Crores for FY2025-26, an increase from ₹517.01 Crores in the previous year. The Board declared a total interim dividend of ₹8.00 per share for the fiscal year, amounting to ₹167.05 Crores. Pursuant to Regulation 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company filed its Annual Report for FY2025-26, including the Business Responsibility and Sustainability Report (BRSR). The filing was signed by G Anand Babu, Senior Manager-Finance & Company Secretary. In accordance with Regulation 36(1)(b) of the SEBI Listing Regulations, the company has provided a web link to the Annual Report and AGM notice for shareholders who have not registered their email addresses as of the cut-off date of May 22, 2026.

Standalone Financial Performance

The company delivered a strong standalone performance for FY2025-26. The following table summarises the key operating results:

Domestic sales grew 13.11% to ₹3,911.39 Crores, while export sales stood at ₹1,457.88 Crores compared to ₹1,584.09 Crores in the previous year. The company incurred ₹404.27 Crores towards capital expenditure for capacity expansion and new projects. On a consolidated basis, total revenue was ₹6,368.25 Crores against ₹5,983.74 Crores in the previous year, with consolidated Profit After Tax at ₹592.85 Crores.

Key Financial Ratios

The following table highlights significant changes in key financial ratios:

The Debt Equity Ratio declined by 31.25% due to efficient working capital management and financing of capex through internal accruals.

Dividend and Appropriations

The Board declared a first interim dividend of ₹3.75 per share (375%) for FY2025-26, paid on November 20, 2025, absorbing ₹78.80 Crores. A second interim dividend of ₹4.25 per share (425%) was also declared, bringing the total dividend for FY2025-26 to ₹8.00 per share (800%). Total interim dividends for the year amounted to ₹167.05 Crores. No final dividend was recommended. The balance carried forward stood at ₹1,315.17 Crores.

Subsidiary Performance

The company operates four domestic and five overseas subsidiaries. The following table summarises the financial performance of key subsidiaries for FY2025-26:

The total revenue earned by all subsidiaries in aggregate during the year was ₹836.61 Crores, contributing 13.14% of the consolidated revenue.

AGM Agenda and Voting

The AGM agenda includes adoption of the audited financial statements for the year ended March 31, 2026, re-appointment of Ms Arundathi Krishna (DIN: 00270935) as Joint Managing Director who retires by rotation, and ratification of remuneration of ₹5,00,000 (Rupees Five Lakhs Only) payable to Sri P Raju Iyer as Cost Auditor for FY2026-27. Remote e-voting will be facilitated by NSDL, with the voting period commencing on Sunday, June 21, 2026, at 9:00 a.m. IST and closing on Tuesday, June 23, 2026, at 5:00 p.m. IST. The record date (cut-off date) for determining voting rights is June 17, 2026 (Wednesday).

Sundram Fasteners Limited has announced its financial results for the year ended March 31, 2026, reporting a profit after tax (PAT) of INR 577 crores. This figure represents the highest annual profit in the company's history, compared to INR 517 crores in the previous year. The company recorded a 7% growth in revenue, moving from INR 5,231 crores to INR 5,612 crores, driven by strong performance in the overseas subsidiaries and the Construction segment.

Financial Performance Overview

The profit before exceptional items grew by 12% to INR 750 crores, up from INR 668 crores in the prior year. This growth was supported by operating leverage and stable raw material prices, although the company experienced some inflation in nickel and aluminium costs following geopolitical conflicts. The company also reversed an impairment provision made in earlier years, which contributed to the exceptional items.

Operational Highlights

The Original Equipment (OE) segment demonstrated significant strength, with the retail vertical recording close to a 20% increase compared to the corresponding quarter. Exports, which had moderated due to tariff issues, returned to positive territory in Q4 FY26, growing in both dollar and rupee terms. The EBITDA for the quarter stood at INR 261 crores at a margin of 17%, compared to 15.6% in the corresponding quarter of the previous year.

Strategic Outlook

Management indicated that the outlook remains strong, particularly in the domestic market. The company is targeting double-digit growth in the coming two years. On the non-automotive front, Sundram Fasteners is expanding into railways and aerospace, with current monthly revenues in the railway segment around INR 2-3 crores, expected to rise. The company continues to invest in capacity expansion, with capital allocation typically around INR 300 crores annually.