Conference Call with Sundram Fasteners Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Sundram Fasteners announced Q3FY25 results Standalone Financial Highlights: The revenue from operations was at Rs 1,256.58 crore for Q3FY25, as against Rs 1,178.61 crore during Q3FY24. The domestic sales for Q3FY25, were at Rs 840.81 crore as against Rs 810.34 crore during Q3FY24. The export sales for Q3FY25, were at Rs 362.79 crore as against Rs 339.15 crore during Q3FY24. The Company has recorded a net profit of Rs. 120.36 crore for Q3FY25 as against Rs 116.13 crore during Q3FY24 due to cost control measures. Earnings per share for Q3FY25, amounted to Rs 5.73 and was Rs 5.53 in Q3FY24. Consolidated Financial Highlights: The Company’s consolidated revenue from operations posted for Q3FY25, was at Rs 1,441.12 crore as against Rs 1,367.25 crore during Q3FY24. The consolidated net profit for Q3FY25, was at Rs 130.73 crore as against Rs 129.44 crore during Q3FY24. The consolidated earnings per share (EPS) for Q3FY25 amounted to Rs. 6.21 and was Rs 6.12 in Q3FY24. Result PDF
Auto Parts & Equipment company Sundram Fasteners announced Q2FY25 results Q2FY25 Financial Highlights: The revenue from operations was at Rs 1,288.84 crore for the Q2FY25 compared to Rs 1,231.97 crore Q2FY24. The domestic sales for the Q2FY25 were at Rs 860.97 crore compared to Rs 859.37 crore during the Q2FY24. The export sales for the Q2FY25 were at Rs 389.02 crore compared to Rs 337.OO crore during the Q2FY24 registering a growth of 15.4%. The earnings before interest, depreciation and taxes (EBITDA) for the Q2FY25 was at Rs 225.15 crore compared to Rs 205.69 crore during the Q2FY24. The export led growth and stable commodity prices have contributed to the expansion of EBITDA margins from 16.6% to 17.3%. The Profit before Tax (PBT) for the Q2FY25 was at Rs 175.70 crore compared to Rs 158.34 crore during the Q2FY24, registering an increase of 11.0%. The net profit for the Q2FY25 was at Rs 130.64 crore compared to Rs 118.26 crore during the Q2FY24, reporting an increase of 10.5% Earnings per share for the Q2FY25 amounted to Rs 6.22 and was Rs 5.63 in the Q2FY24. Capital expenditure: The Company has incurred Rs 238.25 crore as capital expenditure for the H1FY25, in line with its planned capital expenditure of Rs 400 crore for the FY25. These investments will help us scale in non-auto, EV, hybrid and adjacent spaces. H1FY25 Financial Highlights: The revenue from operations was at Rs 2,599.17 crore for the H1FY25 compared to Rs 2,448.92 crore during the H1FY24. The domestic sales for the H1FY25 were at Rs 1,716.72 crore compared to Rs 1,682.61 crore during the H1FY24. The export sales for the H1FY25 were at Rs 811.68 crore compared to Rs 685.00 crore during the H1FY24, registering a growth of 18.5%. The net profit for the H1FY25 was at Rs 262.28 crore compared to net profit of Rs 231.04 crore during the H1FY24, registering an increase of 13.5%. Result PDF
Auto Parts & Equipments company Sundram Fasteners announced consolidated Q4FY24 & FY24 results: Q4FY24 Financial Highlights: The Company’s consolidated revenue posted for the quarter ended March 31, 2024, was at Rs 1,477.70 crore as against Rs 1,451.46 crore during the same period in the previous year. The consolidated net profit for the quarter ended March 31, 2024, was at Rs 134.41 crore as against net profit of Rs 127.47 crore during the same period in the previous year. The consolidated earnings per share (EPS) for the quarter ended March 31, 2024, amounted to Rs 6.36 and was Rs 6.01 in the corresponding period last year. FY24 Financial Highlights: The Company’s consolidated revenue for the year ended March 31, 2024, was at Rs 5,720.47 crore as against Rs 5,707.60 crore during the same period in the previous year. The consolidated net profit for the year ended March 31, 2024, was at Rs 525.64 crore as against net profit of Rs 500.35 crore during the same period in the previous year. Highest ever EBITDA - Rs 940.86 crore [Rs 898.32 crore] Highest ever Profit before Tax – Rs 695.54 crore [Rs 660.66 crore] Highest ever Profit after Tax – Rs 525.64 crore [Rs 500.35 crore] The Board of Directors have declared a second Interim Dividend of Rs 4.17 per share (417%). The total Dividend including first Interim Dividend for the financial year 2023-2024 would amount to Rs 6.85 per share (685%) Result PDF