Sundram Fasteners Limited (SUNDRMFAST) Q2 FY27 Financial Results: PAT ₹150 Cr & Revenue ₹1,618 Cr

Sundram Fasteners reported 20% YoY revenue growth to INR1,618 crores and 10% profit growth to INR150 crores in Q1 FY27, driven by 20%+ export growth from ICE vehicle recovery, class 8 truck backlogs at a 38-month high, and favorable foreign exchange. Management highlighted new product expansion targeting 20% of revenue, with INR1,000 crores in pipeline, and INR200-250 crores expected from GM and Stellantis EV/ICE/PHEV contracts. Margin sustainability is expected post price hikes in H2 FY28, while capex focuses on non-auto sectors like wind energy and aerospace, targeting INR500 crores annually. Digital initiatives aim to boost margins by 0.2-0.5%.