Sundram Fasteners Ltd logo

Sundram Fasteners Ltd

SUNDRMFAST NSE

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]

AI Verdict: HOLD Confidence: 5%

Sundram Fasteners trades at a PE of 31.6x with moderate profit growth of 12% TTM and consistent ROE of 15%. While the company has strong fundamentals and unanimous analyst buy ratings, the stock has delivered negative 3-year CAGR of -8% and sales growth remains tepid at 4% over 3 years, suggesting limited near-term upside at current valuations.

Key Fundamentals

SmallcapAuto ComponentsAutomobiles
Market Cap
₹19,296 Cr
Volatility
Moderate
P/E Ratio
33.03
EBITDA
₹1,075 Cr
Return on Equity
15.27%
Debt to Equity
0.18
Book Value
₹203.45
EPS
₹25.5
52W High
₹1,080
52W Low
₹730.1

Technical Indicators

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.

Growth Rate

Revenue Growth
6.43% ↘
Net Income Growth
9.43% ↘
Cash Flow Change
97.76% ↗
ROE
-2.48% ↘
ROCE
0.00% ↘
EBITDA Margin (Avg.)
3.94% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 1d ago
HOLD
Risk medium

Sundram Fasteners trades at a PE of 31.6x with moderate profit growth of 12% TTM and consistent ROE of 15%. While the company has strong fundamentals and unanimous analyst buy ratings, the stock has delivered negative 3-year CAGR of -8% and sales growth remains tepid at 4% over 3 years, suggesting limited near-term upside at current valuations.

Bull Case 8
  • 100% analyst buy consensus with 2 out of 2 analysts recommending buy, indicating strong institutional confidence
  • Consistent ROE of 15-18% over the last 10 years demonstrates efficient capital allocation and durable competitive advantage
  • Compounded profit growth of 12% TTM outpaces sales growth of 6% TTM, indicating margin expansion and operating leverage
  • Company has actively reduced debt, strengthening balance sheet and lowering financial risk
  • Healthy dividend payout ratio of 28.0% with 0.9% yield provides steady income while retaining capital for growth
  • 10-year stock CAGR of 18% demonstrates long-term wealth creation ability for patient investors
  • 10-year compounded profit growth of 12% shows sustained earnings momentum across business cycles
  • 5-year compounded sales growth of 12% indicates the company scaled well during the post-COVID recovery period
Bear Case 8
  • PE ratio of 31.6x is elevated for a company delivering only 4% compounded sales growth over 3 years, suggesting stretched valuations
  • Negative 3-year stock CAGR of -8% indicates sustained price underperformance and possible de-rating
  • TTM sales growth of only 6% signals slowing revenue momentum and potential demand headwinds
  • 1-year stock CAGR of -7% shows continued near-term weakness with no reversal signals
  • Price-to-book ratio of 4.38x is premium for an auto components manufacturer with mid-teen ROE of 15%
  • Only 2 total analyst ratings suggest limited institutional coverage which can lead to price discovery gaps
  • 3-year compounded sales growth of just 4% versus 10-year average of 7% indicates structural deceleration in topline growth
  • Dividend yield of 0.9% offers minimal downside protection relative to risk-free rates above 7% in India

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 14h ago
Neutral 3
  • 63rd AGM held successfully Jun 24

    Sundram Fasteners conducted its 63rd AGM on June 24, 2026, adopting FY26 audited financials with unqualified auditor reports and re-appointing Ms Arundathi Krishna as Director.

  • Promoter confirms no encumbrance Jun 17

    TVS Sundram Fasteners Private Limited declared zero encumbrance on promoter group shares for FY ended March 31, 2026.

  • AGM scheduled for June 24 May 29

    Company published newspaper advertisements on May 29, 2026, scheduling its 63rd AGM via video conferencing for June 24, 2026.

TL;DR: Recent news flow for Sundram Fasteners is entirely routine corporate governance activity with no material positive or negative catalysts. The company completed its AGM with clean audit reports and promoter shares remain unencumbered, signaling stable governance. No operational, financial, or sector-specific risks have emerged in this period. Investors should watch for upcoming quarterly results and auto sector demand trends for directional cues.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
1,448
1,411
1,422
1,367
1,466
1,498
1,486
1,441
1,531
1,533
1,521
1,541
1,693
Expenses
1,221
1,184
1,191
1,166
1,238
1,251
1,241
1,213
1,306
1,286
1,269
1,301
1,437
Operating Profit
227
226
231
201
228
247
245
228
225
247
252
240
256
OPM %
16%
16%
16%
15%
16%
16%
16%
16%
15%
16%
17%
16%
15%
Other Income
4
5
7
31
11
5
13
3
7
20
21
-1
27
Interest
13
10
7
7
8
7
9
8
10
9
11
8
10
Depreciation
50
52
54
54
53
54
56
56
58
59
60
57
60
PBT
168
169
176
172
178
192
193
166
164
199
202
174
213
Tax %
24%
24%
24%
25%
25%
26%
26%
21%
24%
26%
24%
25%
24%
Net Profit
127
129
133
129
134
143
144
131
124
148
153
131
161
EPS in Rs
6.01
6.07
6.28
6.12
6.36
6.75
6.78
6.2
5.92
7.06
7.18
6.21
7.68
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
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
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
Operating Profit
375
243
590
681
802
594
664
801
853
889
945
999
OPM %
12%
7%
18%
18%
18%
16%
18%
16%
15%
16%
16%
16%
Other Income
17
85
12
22
26
27
27
39
45
52
27
63
Interest
94
73
39
37
46
58
26
29
40
32
34
38
Depreciation
116
116
104
112
129
170
180
191
198
213
224
236
PBT
182
139
459
554
652
393
486
621
661
696
715
788
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
EPS in Rs
6.25
6
16.06
18.4
21.77
15.46
17.09
21.74
23.54
24.83
25.66
28.13
Div. Payout %
28%
36%
28%
25%
23%
27%
27%
30%
37%
28%
28%
28%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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/OP
45
266
60
85
78
139
85
71
73
83
64
101
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%

Shareholding Pattern

As of Mar 2026
Promoters 46.95%
DIIs 22.39%
Public 16.36%
FIIs 11.25%
Others 3.06%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
49.53%
49.53%
49.53%
49.53%
49.69%
49.69%
48.51%
48.51%
48.51%
48.51%
48.51%
48.51%
48.51%
48.51%
46.95%
46.95%
46.95%
46.95%
46.95%
46.95%
46.95%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
12.83%
0.00%
12.59%
13.15%
13.26%
13.03%
12.96%
11.10%
10.55%
10.01%
11.25%
DIIs
17.48%
17.18%
17.49%
17.36%
17.56%
17.60%
18.53%
18.78%
18.82%
18.36%
17.91%
18.32%
18.65%
18.70%
20.35%
20.82%
20.95%
22.67%
23.29%
23.83%
22.39%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
20.32%
20.31%
19.88%
19.62%
19.33%
19.31%
17.96%
17.96%
17.90%
17.79%
17.72%
17.46%
17.27%
16.75%
16.61%
16.40%
16.37%
16.44%
16.40%
16.41%
16.36%
Others
12.66%
12.97%
13.09%
13.48%
13.41%
13.41%
15.00%
14.74%
14.77%
15.34%
3.03%
15.70%
2.98%
2.89%
2.84%
2.80%
2.77%
2.84%
2.81%
2.79%
3.06%
No. of Shareholders
59,600
68,137
70,592
65,779
65,847
66,180
66,802
66,611
69,592
70,042
72,808
73,815
71,610
70,549
71,961
76,097
77,151
78,115
78,984
78,795
77,340

Documents

Frequently Asked Questions about Sundram Fasteners Ltd

What does Sundram Fasteners Ltd do?
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]
Where is Sundram Fasteners Ltd (SUNDRMFAST) listed?
Sundram Fasteners Ltd is listed on the Indian stock exchanges. It is listed on NSE: SUNDRMFAST and BSE: 500403. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Sundram Fasteners Ltd belong to?
Sundram Fasteners Ltd operates in the Consumer Discretionary sector within the Auto Components industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Sundram Fasteners Ltd?
Sundram Fasteners Ltd has a market capitalisation of approximately ₹19296.09 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Sundram Fasteners Ltd?
The Price-to-Earnings (PE) ratio of Sundram Fasteners Ltd is 33.03. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Sundram Fasteners Ltd?
Over the past 52 weeks, Sundram Fasteners Ltd has traded between a low of ₹730.1 and a high of ₹1,080. This range helps investors understand the stock's price volatility and recent trading levels.
Does Sundram Fasteners Ltd pay dividends?
Yes, Sundram Fasteners Ltd has a dividend yield of 0.89%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Sundram Fasteners Ltd?
Sundram Fasteners Ltd has a Return on Equity (ROE) of 15.27%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Sundram Fasteners Ltd on Tapetide?
On Tapetide, you can view Sundram Fasteners Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

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. [1]

Website sundram.com
CEO Ms. Arathi Krishna
Employees 3,185
Listed 2000-06-07
Face Value ₹ 1
Issued Size 21,01,28,370

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