Sundram Fasteners
- P/E
- 37.33
Key Fundamentals
SmallcapAuto ComponentsConsumer DiscretionaryPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 17.60%
- Debt to Equity
- 0.15
- EPS (TTM)
- ₹29.08
- Book Value
- ₹216.63
- Market Cap
- —
- P/E (TTM)
- 37.33
- P/B
- 5.01
- ROE
- 14.90%
- Dividend Yield
- 0.38%
- EBITDA
- ₹1,075 Cr
- 52W High
- ₹1,347.20
- 52W Low
- ₹730.10
- Day Range
- ₹1,062.60 – ₹1,089.00
- Volume
- 59,623
Peer Comparison
Consumer Discretionary › Automobiles › Auto Components › Auto Components & Equipments
| ₹159.49 | 38.43 | ₹1,68,660 Cr | 3.98 | 0.37% | 11.20% | 13.40% | ₹1,31,135 Cr | ₹4,556 Cr | |
| ₹50,925.00 | 63.56 | ₹1,48,351 Cr | 10.11 | 0.54% | 14.60% | 21.50% | ₹21,088 Cr | ₹2,363 Cr | |
| ₹1,812.80 | 122.74 | ₹86,739 Cr | 7.65 | 0.48% | 12.00% | 12.60% | ₹17,543 Cr | ₹715 Cr | |
| ₹1,196.90 | 57.49 | ₹67,494 Cr | 10.13 | 0.24% | 19.30% | 19.60% | ₹20,725 Cr | ₹1,291 Cr | |
| ₹893.70 | 74.48 | ₹56,293 Cr | 8.70 | 0.38% | 11.70% | 15.10% | ₹4,514 Cr | ₹746 Cr | |
| ₹3,507.20 | 42.47 | ₹55,555 Cr | 8.92 | 0.99% | 20.80% | 27.90% | ₹10,192 Cr | ₹1,292 Cr | |
| ₹2,250.50 | 71.81 | ₹42,644 Cr | 5.62 | 0.16% | 9.95% | 17.10% | ₹23,754 Cr | ₹1,109 Cr | |
| ₹1,085.60 | 37.33 | ₹22,576 Cr | 5.01 | 0.38% | 14.90% | 17.60% | ₹6,602 Cr | ₹614 Cr | |
| Median 8 companies | ₹1,504.85 | 60.53 | ₹61,893 Cr | 8.18 | 0.38% | 13.30% | 17.35% | ₹19,134 Cr | ₹1,200 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 62
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 70
- Strong
- Cheap vs sector & own history 24% weight
- Growth
- 32
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 67
- Strong
- Solvency, leverage, coverage 9% weight
- Momentum
- 75
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 49
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 28.0%
Weaknesses
1- The company has delivered a poor sales growth of 11.5% over past five years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bullish | 6 | 5 | 8 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bullish | 4 | 0 | 6 |
Oscillators
Neutral
Overall
Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 46.48
- Neutral
- MACD (12,26,9)
- −23.31
- Bullish
- SMA (50)
- 1,155.89
- Bearish
- SMA (200)
- 967.15
- Bullish
As of
Analyst Rating
2 of 2 analysts rate Buy, 0 Hold, 0 Sell.
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +6.81% |
|---|---|
| 5Y | +11.53% |
| 3Y | +3.56% |
| 1Y | +5.61% |
| TTM | +10.18% |
Net profit
| 10Y | +16.85% |
|---|---|
| 5Y | +10.31% |
| 3Y | +5.85% |
| 1Y | +9.41% |
| TTM | +12.25% |
Operating cash flow
| 10Y | +3.47% |
|---|---|
| 5Y | +13.01% |
| 3Y | +21.30% |
| 1Y | +97.87% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +8.41 pp |
|---|---|
| 5Y | −2.34 pp |
| 3Y | +0.82 pp |
| 1Y | +0.01 pp |
| TTM | −0.11 pp |
Revenue by year
| Mar 2017 | ₹3,303 Cr |
|---|---|
| Mar 2018 | ₹3,855 Cr |
| Mar 2019 | ₹4,558 Cr |
| Mar 2020 | ₹3,723 Cr |
| Mar 2021 | ₹3,644 Cr |
| Mar 2022 | ₹4,902 Cr |
| Mar 2023 | ₹5,663 Cr |
| Mar 2024 | ₹5,666 Cr |
| Mar 2025 | ₹5,955 Cr |
| Mar 2026 | ₹6,289 Cr |
Net profit by year
| Mar 2017 | ₹338 Cr |
|---|---|
| Mar 2018 | ₹388 Cr |
| Mar 2019 | ₹459 Cr |
| Mar 2020 | ₹327 Cr |
| Mar 2021 | ₹363 Cr |
| Mar 2022 | ₹462 Cr |
| Mar 2023 | ₹500 Cr |
| Mar 2024 | ₹526 Cr |
| Mar 2025 | ₹542 Cr |
| Mar 2026 | ₹593 Cr |
Analyst Forecasts
AI Analysis — Bull vs Bear
Sundram Fasteners Ltd trades at ₹1,071.6 as of 2026-10-29 with a market cap of ₹22,517 Cr, a trailing PE of 36.85x, and ROE of 13.79%. The company carries minimal debt (debt-to-equity of 0.15) and has delivered 12% compounded profit growth over 10 years, though recent sales growth has been modest at 4% CAGR over 3 years.
- Very low leverage with a debt-to-equity ratio of just 0.15, and the company has been actively reducing debt, providing financial flexibility and resilience through cycles
- Healthy long-term compounded profit growth of 12% over 10 years and 11% over 5 years indicates consistent earnings expansion
- ROCE of 18.24% reflects efficient capital deployment and strong underlying business economics for an auto-components manufacturer
- TTM sales growth has accelerated to 10% and TTM profit growth to 14%, suggesting a recent pickup in business momentum compared to the 3-year sales CAGR of just 4%
- Consistent dividend payout ratio of 28.0% demonstrates shareholder-friendly capital allocation while retaining sufficient earnings for growth
- 10-year stock CAGR of 13% shows long-term wealth creation track record, and the stock is up 12% over the past 1 year
- 5-year average ROE of 16% and 10-year average ROE of 18% indicate the business has sustained high returns on equity over extended periods
- Trailing PE of 36.85x is elevated for an auto-components company, demanding sustained high growth to justify the valuation
- 3-year compounded sales growth of only 4% is tepid and flags sluggish top-line momentum over the medium term
- Price-to-book ratio of 4.95x is rich, indicating the market is pricing in significant future growth that may or may not materialise
- Current ROE of 13.79% has declined from the 10-year average of 18% and 5-year average of 16%, suggesting a compression in return on equity
- Dividend yield of just 0.38% offers minimal income return at the current price of ₹1,071.6
- 3-year stock CAGR is negative at -6%, meaning investors who bought three years ago are still underwater on a CAGR basis despite recent recovery
- 5-year compounded sales growth of roughly 11.5-12% is characterised as poor relative to peers, limiting the case for a premium valuation multiple
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
TL;DR: Sundram Fasteners delivered a strong Q2 FY27 with 30% revenue growth and a 57% export surge, but the stock sold off sharply as EBITDA growth of 14% lagged topline expansion due to rising input costs. The company is investing aggressively in EV and non-auto diversification with ₹281 crore H1 capex. The key risk is margin compression from raw material inflation; if input costs stabilize, the strong revenue momentum and export traction could drive a re-rating.
- Stock drops 8% post results Oct 29
Shares fell as much as 7.86% to an intraday low of ₹993.25 despite strong Q2 FY27 results, suggesting the market had priced in higher expectations or concerns about margin compression.
- EBITDA growth lags revenue Oct 29
EBITDA grew only 14% to ₹277.58 crore versus 30% revenue growth, indicating higher raw material and indirect material costs are squeezing margins.
- Exports surge 57% YoY Oct 29
Export revenue rose 57% YoY to ₹531 crore in Q2 FY27 from ₹338 crore, driven by favourable customer demand in international markets.
- Revenue jumps 30% YoY Oct 29
Consolidated revenue from operations increased 30% YoY to ₹1,985 crore in Q2 FY27, with standalone revenue up 32% to ₹1,761 crore.
- Net profit rises 13% Oct 29
Consolidated net profit grew 13% YoY to ₹173 crore with EPS of ₹8.19 versus ₹7.18 in Q2 FY26. Standalone net profit rose 14% to ₹160 crore.
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,411 | 1,422 | 1,367 | 1,466 | 1,498 | 1,486 | 1,441 | 1,531 | 1,533 | 1,521 | 1,541 | 1,693 | 1,846 | 1,985 |
| Expenses | 1,184 | 1,191 | 1,166 | 1,238 | 1,251 | 1,241 | 1,213 | 1,306 | 1,286 | 1,269 | 1,301 | 1,437 | 1,560 | 1,688 |
| Operating Profit | 226 | 231 | 201 | 228 | 247 | 245 | 228 | 225 | 247 | 252 | 240 | 256 | 286 | 296 |
| OPM % | 16% | 16% | 15% | 16% | 16% | 16% | 16% | 15% | 16% | 17% | 16% | 15% | 16% | 15% |
| Other Income | 5 | 7 | 31 | 11 | 5 | 13 | 3 | 7 | 20 | 21 | −1 | 27 | 9 | 11 |
| Interest | 10 | 7 | 7 | 8 | 7 | 9 | 8 | 10 | 9 | 11 | 8 | 10 | 9 | 12 |
| Depreciation | 52 | 54 | 54 | 53 | 54 | 56 | 56 | 58 | 59 | 60 | 57 | 60 | 63 | 65 |
| PBT | 169 | 176 | 172 | 178 | 192 | 193 | 166 | 164 | 199 | 202 | 174 | 213 | 224 | 231 |
| Tax % | 24% | 24% | 25% | 25% | 26% | 26% | 21% | 24% | 26% | 24% | 25% | 24% | 25% | 25% |
| Net Profit | 129 | 133 | 129 | 134 | 143 | 144 | 131 | 124 | 148 | 153 | 131 | 161 | 169 | 173 |
| EPS (₹) | 6.07 | 6.28 | 6.12 | 6.36 | 6.75 | 6.78 | 6.2 | 5.92 | 7.06 | 7.18 | 6.21 | 7.68 | 8.01 | — |
Sep 2026: from the results filed on 28 Oct 2026, ahead of the full statement, so some rows are blank.
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,156 | 3,255 | 3,303 | 3,855 | 4,558 | 3,723 | 3,644 | 4,902 | 5,663 | 5,666 | 5,955 | 6,289 | 6,602 |
| Expenses | 2,781 | 3,012 | 2,712 | 3,173 | 3,756 | 3,130 | 2,980 | 4,101 | 4,809 | 4,777 | 5,010 | 5,289 | 5,566 |
| Operating Profit | 375 | 243 | 590 | 681 | 802 | 594 | 664 | 801 | 853 | 889 | 945 | 999 | 1,035 |
| OPM % | 12% | 7% | 18% | 18% | 18% | 16% | 18% | 16% | 15% | 16% | 16% | 16% | 16% |
| Other Income | 17 | 85 | 12 | 22 | 26 | 27 | 27 | 39 | 45 | 52 | 28.32 | 63 | 55 |
| Interest | 94 | 73 | 39 | 37 | 46 | 58 | 26 | 29 | 40 | 32 | 34 | 38 | 38 |
| Depreciation | 116 | 116 | 104 | 112 | 129 | 170 | 180 | 191 | 198 | 213 | 224 | 236 | 240 |
| PBT | 182 | 139 | 459 | 554 | 652 | 393 | 486 | 621 | 661 | 696 | 715 | 788 | 812 |
| Tax % | 28% | 10% | 26% | 30% | 30% | 17% | 25% | 26% | 24% | 24% | 24% | 25% | — |
| Net Profit | 132 | 125 | 338 | 388 | 459 | 327 | 363 | 462 | 500 | 526 | 542 | 593 | 614 |
| EPS (₹) | 6.25 | 6 | 16.06 | 18.4 | 21.77 | 15.46 | 17.09 | 21.74 | 23.54 | 24.83 | 25.66 | 28.13 | 29.08 |
| Div. Payout % | 28% | 36% | 28% | 25% | 23% | 27% | 27% | 30% | 37% | 28% | 28% | 28% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 858 | 933 | 1,215 | 1,510 | 1,849 | 1,975 | 2,326 | 2,600 | 2,995 | 3,400 | 3,789 | 4,254 |
| Borrowings | 874 | 602 | 701 | 700 | 995 | 917 | 710 | 772 | 730 | 647 | 823 | 625 |
| Other Liabilities | 588 | 646 | 591 | 756 | 838 | 636 | 872 | 891 | 878 | 921 | 893 | 1,036 |
| Total Liabilities | 2,341 | 2,202 | 2,527 | 2,987 | 3,703 | 3,549 | 3,929 | 4,284 | 4,624 | 4,988 | 5,527 | 5,936 |
| Fixed Assets | 1,019 | 917 | 1,031 | 1,156 | 1,621 | 1,910 | 1,921 | 1,948 | 2,029 | 2,099 | 2,253 | 2,499 |
| CWIP | 22 | 54 | 69 | 111 | 96 | 95 | 119 | 117 | 65 | 164 | 196 | 112 |
| Investments | 7 | 38 | 32 | 70 | 68 | 38 | 64 | 77 | 102 | 137 | 120 | 115 |
| Other Assets | 1,294 | 1,193 | 1,395 | 1,650 | 1,918 | 1,506 | 1,825 | 2,142 | 2,428 | 2,587 | 2,957 | 3,210 |
| Total Assets | 2,341 | 2,202 | 2,527 | 2,987 | 3,703 | 3,549 | 3,929 | 4,284 | 4,624 | 4,988 | 5,527 | 5,936 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 106 | 595 | 244 | 456 | 457 | 718 | 454 | 401 | 469 | 589 | 423 | 837 |
| Investing | −127 | −179 | −237 | −296 | −595 | −320 | −200 | −203 | −234 | −389 | −381 | −357 |
| Financing | 20 | −415 | 6 | −167 | 127 | −377 | −270 | −186 | −214 | −235 | −28 | −436 |
| Net Cash Flow | −1 | 1 | 12 | −6 | −11 | 21 | −16 | 12 | 21 | −35 | 14 | 44 |
| Free Cash Flow | −27 | 407 | 8 | 156 | −136 | 396 | 266 | 202 | 241 | 191 | 29 | 467 |
| CFO/EBITDA | 45 | 266 | 60 | 85 | 78 | 139 | 85 | 71 | 73 | 83 | 64 | 101 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57 | 61 | 72 | 75 | 71 | 64 | 89 | 75 | 74 | 80 | 89 | 89 |
| Inventory Days | 149 | 117 | 132 | 128 | 127 | 136 | 172 | 145 | 135 | 147 | 166 | 175 |
| Days Payable | 84 | 93 | 103 | 110 | 96 | 92 | 151 | 101 | 79 | 83 | 78 | 91 |
| Cash Conversion Cycle | 122 | 85 | 101 | 93 | 103 | 108 | 110 | 119 | 130 | 144 | 177 | 173 |
| Working Capital Days | 5 | 9 | 14 | 31 | 29 | 24 | 48 | 49 | 57 | 69 | 78 | 86 |
| ROCE % | 17% | 20% | 29% | 28% | 27% | 16% | 17% | 20% | 19% | 19% | 17% | 18% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Sundram Fasteners insights
64 extracted metrics across FY11–FY27.
Documents
- Q1 FY27 concall · Aug 2026Transcript Recording
- Q1 FY27 concall · Jun 2026PPT
- Q4 FY26 concall · May 2026Transcript PPT
- Q3 FY26 concall · Feb 2026Transcript
- Q2 FY26 concall · Nov 2025Transcript PPT Recording
- 28 Apr 2026
- 28 Apr 2025
- 3 May 2024
- 9 May 2023
- 10 May 2022
Frequently Asked Questions about Sundram Fasteners
What does Sundram Fasteners Ltd do?
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What is the 52-week high and low of Sundram Fasteners Ltd?
Does Sundram Fasteners Ltd pay dividends?
What is the Return on Equity (ROE) of Sundram Fasteners Ltd?
Company Information
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.
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