# Sundram Fasteners share price today (Sundram Fasteners Ltd, NSE: SUNDRMFAST)

> Sundram Fasteners share price today: ₹1,085.60 at the NSE close on 4 November 2026, up 15.5% in a year. Sundram Fasteners (NSE: SUNDRMFAST) is worth ₹22,805 crore, trades at a P/E of 35.5 and has closed between ₹749.90 and ₹1,270.00 over the past 52 weeks. > Sundram Fasteners Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SUNDRMFAST · Auto Ancillaries - Engine Parts · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/sundram-fasteners-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹1,085.60 (+15.5% in a year)
- P/E: 35.5× (lower than 54% of the last 11 years)
- Revenue (Sep 2026): ₹1,984 Cr (+30.4% on a year ago)
- Profit (Sep 2026): ₹173 Cr (+13.1% on a year ago)
- Operating margin: 15.0% (−2.0 points on a year ago)
- ROCE: 18%, FY26
- ROIC: 12.5%, against a 12.0% cost of capital: +0.5 points

The main question: foreign institutions moved −2.2 percentage points over 8 quarters while the business went the other way. ## What is the Sundram Fasteners share price today? Sundram Fasteners Ltd's share price was ₹1,085.60 at the close on 4 November 2026. It has been rising for 13 weeks. That is 6.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹750 and ₹1,270, and at that close it sat 65% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 1 week running. Over the last 11 years the share price moved +646% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Sundram Fasteners this quarter? Three changes stood out: revenue up on a year earlier for 11 quarters in a row, highest quarterly profit in 16 quarters and highest quarterly revenue in 16 quarters. 1. Revenue up on a year earlier for 11 quarters in a row In the September 2026 quarter revenue was ₹1,984 crore, +30.4% on a year earlier. Why: Revenue rose because export sales to US truck customers grew strongly and outran sales at home. Next results: check whether sales growth in the second half matches the first half. From the earnings call on 29 Oct 2026. 2. Highest quarterly profit in 16 quarters Profit of ₹173 crore in the September 2026 quarter is the highest of the last 16 quarters. Why: Profit hit a record because sales volume grew and other expenses rose roughly in line with it, so more of the extra revenue reached profit. Next results: check whether a bigger share of sales from exports starts to lift profit margins, as management expects. From the earnings call on 29 Oct 2026. 3. Highest quarterly revenue in 16 quarters Revenue of ₹1,984 crore in the September 2026 quarter is the highest of the last 16 quarters. Why: Revenue hit a record because export sales to US truck customers grew strongly and outran sales at home. From the earnings call on 29 Oct 2026. ## What are Sundram Fasteners' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Sundram Fasteners reported revenue of ₹1,984 crore, up 30.4% from ₹1,521 crore a year earlier, and a profit of ₹173 crore, up 13.1% from ₹153 crore. ### Sundram Fasteners results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,984 crore | ₹1,521 crore | +30.4% |
| Profit | ₹173 crore | ₹153 crore | +13.1% |
| Earnings per share | ₹8.19 | ₹7.18 | +14.1% |
| Operating margin | 15.0% | 17.0% | −2.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Sundram Fasteners' management discussed these results on a call held on 29 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Sundram Fasteners share price history? Sundram Fasteners closed at ₹1,085.60 on 4 November 2026, up 15.5% from ₹940.15 a year earlier (7 November 2025) and up 27.7% over five years. Its highest weekly close since March 2016 was ₹1,434.25 on 11 October 2024. ### Sundram Fasteners share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹1,034.70 | +4.9% |
| 1 month ago · 1 Oct 2026 | ₹1,123.60 | −3.4% |
| 6 months ago · 8 May 2026 | ₹845.45 | +28.4% |
| 1 year ago · 7 Nov 2025 | ₹940.15 | +15.5% |
| 3 years ago · 3 Nov 2023 | ₹1,278.70 | −15.1% |
| 5 years ago · 4 Nov 2021 | ₹850.05 | +27.7% |
| 10 years ago · 4 Nov 2016 | ₹318.10 | +241.3% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹145.50 | +646.1% |
| Highest weekly close since March 2016 · 11 Oct 2024 | ₹1,434.25 | −24.3% |
| Lowest weekly close since March 2016 · 18 Mar 2016 | ₹143.85 | +654.7% |
| 52-week high (weekly close) · 11 Sep 2026 | ₹1,270.00 | −14.5% |
| 52-week low (weekly close) · 2 Apr 2026 | ₹749.90 | +44.8% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (561 weekly closes from 11 March 2016 to 4 November 2026.)

## What is the latest news on Sundram Fasteners? 6 Nov 2026: Coming up: ex-date for an interim dividend of ₹4.05 a share. 4 Nov 2026: Sundram Fasteners closed at ₹1,085.60, up 4.9% on the week and down 3.4% on the month. ### Earlier

- 29 Oct 2026: Sundram Fasteners held its results call for July to September 2026. Management guided: H2 revenue growth to mirror H1 pace with full year at H1 level and slight improvement across original equipment retail and exports. - Results for July to September 2026: Revenue up 30.4% and profit up 13.1% on a year earlier. - 8 May 2026: ex-date for an interim dividend of ₹4.25 a share. ## What dividend does Sundram Fasteners pay? Sundram Fasteners paid ₹4.25 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.39% at the ₹1,085.60 close on 4 November 2026. The last was an interim dividend of ₹4.25 a share, ex-date 8 May 2026. Next: ₹4.05 a share, ex-date 6 November 2026. ### Sundram Fasteners dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 6 Nov 2026 (upcoming) | ₹4.05 | Interim | same day |
| 8 May 2026 | ₹4.25 | Interim | same day |
| 4 Nov 2025 | ₹3.75 | Interim | same day |
| 7 May 2025 | ₹4.20 | Interim | same day |
| 18 Nov 2024 | ₹3 | Interim | same day |
| 3 Jun 2024 | ₹4.17 | Interim | same day |
| 16 Nov 2023 | ₹2.68 | Interim | same day |
| 16 May 2023 | ₹3.06 | Interim | same day |
| 17 Nov 2022 | ₹5.57 | Interim + Special | 18 Nov 2022 |
| 21 Feb 2022 | ₹6.45 | Interim | 22 Feb 2022 |
| 18 May 2021 | ₹3.40 | Interim | 19 May 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Sundram Fasteners Ltd paid out 28% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 5 November 2026.)

## What did Sundram Fasteners management say on the latest results call? On the call for July to September 2026, held on 29 October 2026, Sundram Fasteners' management guided: H2 revenue growth to mirror H1 pace with full year at H1 level and slight improvement across original equipment retail and exports. > “As more exports come into our books and return to one-third, which used to be the case 2 years back, you will see margin expansion taking place automatically.”
> Dilip Kumar, on the call for July to September 2026

### What management guided

- Stellantis billing ₹150 crore to ₹175 crore in FY27 from ₹50 crore last year with peak clarity by H2 next year. - Wind annual revenue beyond ₹500 crore on third-phase build-out. - Aerospace revenue above ₹100 crore this year toward ₹200 crore next level. - FY28 spend ₹350 crore to ₹450 crore indicative with firm plan after Q3. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/294-29-Oct-2026.pdf). (From the call for July to September 2026, 29 October 2026.)

## What is Sundram Fasteners' order book? The US EV order book had not reached the potential envisaged, with full ramp-up likely by 2027. ✓ fact

(Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What could change the Sundram Fasteners story? What are the risks? Consolidated operating margin below 14.0%, cancelled North American Class 8 schedules, wind fastener revenue failing to advance toward the stated ₹500 Cr annualized goal, or further expansion in cash-conversion-cycle days without revenue conversion. ### Each change stops working if

- : Wind and aerospace qualification or capacity conversion fails to advance toward the stated milestones. - : Truck build schedules weaken or export growth does not convert despite the order backdrop. - : Domestic commercial-vehicle production turns negative for two consecutive quarters or the planned outperformance does not materialize. - : Energy and indirect-input inflation exceeds realized pass-through and productivity benefits. ### The main risks

- : Raw-material inflation represented ₹20-25 Cr at the April to June 2026 top line, with indirect-cost recovery subject to negotiation. ⚠ estimate
- : The approximately ₹2,000 Cr US EV order book has not ramped as envisaged, with full ramp-up expected by 2027. ⚠ estimate
- : Cash-conversion-cycle days rose from 119 to 173 over five years as inventory days increased from 145 to 175. ⚠ estimate
- : US steel and aluminum trade barriers can create contribution-margin friction. ⚠ estimate

(Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What to watch in Sundram Fasteners' next results? When Sundram Fasteners reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Export share at flagged level on truck schedules - check mix and margin follow-through next print. - What to check (from the call)
- Export share at flagged level on truck schedules - check mix and margin follow-through next print. - Stellantis billing momentum toward peak clarity timeline - check quarterly billing progression next print. - Wind third-phase build translating to annual scale - check commissioning and revenue conversion next quarter. ## Which stock lists is Sundram Fasteners on? Sundram Fasteners is on one of our India lists: Small & mid cap stocks. [Small & mid cap stocks Size rank in India: 341](https://www.sectoralpha.in/small-cap-stocks-india)

## Is Sundram Fasteners profitable? Sundram Fasteners Ltd earned ₹173 Cr of net profit in the Sep 2026 quarter, +13.1% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹593 Cr. Over 10 years profit has grown 16.8% a year on average. That is 8.7% of the quarter's revenue. The same quarter a year earlier earned ₹153 Cr. For the full year, FY26 profit was ₹593 Cr (+9.4% on the year before). Why profit moved: revenue changed +30.4% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +14.3% and revenue +17.1%. Profit and revenue are moving at about the same pace. FY27-Q1. revenue ₹1,846 Cr and profit ₹169 Cr as reported. FY27-Q2. revenue ₹1,984 Cr and profit ₹173 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much revenue does Sundram Fasteners make, and is it growing? Sundram Fasteners Ltd reported ₹1,984 Cr of revenue in the Sep 2026 quarter, +30.4% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 10 years it has grown 6.8% a year on average. The last full year, FY26, came in at ₹6,289 Cr. Why this happened. Wind fasteners are planned to rise from ₹350 Cr annualized revenue toward ₹500 Cr, while aerospace is above ₹100 Cr this year with a stated path toward ₹500 Cr in 2-3 years. Management said non-auto carries a 100-200 bps profitability premium over automotive and shorter domestic working-capital cycles. The last four reported quarters add to ₹7,064 Cr. FY26 revenue was ₹6,289 Cr, +5.6% on the year before. Recent pace: the last four quarters grew +17.1% on average, against 6.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +17.2%, against +10.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +14.0%, against +7.4% a year (accelerating). FY27-Q1. revenue ₹1,846 Cr and profit ₹169 Cr as reported. FY27-Q2. revenue ₹1,984 Cr and profit ₹173 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does Sundram Fasteners keep? Sundram Fasteners Ltd's operating margin was 15.0% in the Sep 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 7.0% and 18.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −1.7 percentage points on the year while gross margin changed −1.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged. FY27-Q1. revenue ₹1,846 Cr and profit ₹169 Cr as reported. FY27-Q2. revenue ₹1,984 Cr and profit ₹173 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## Is Sundram Fasteners' profit turning into cash? Over the last 3 years, 111% of Sundram Fasteners Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹837 Cr of operating cash against ₹593 Cr of profit. After ₹398 Cr of spending on assets, ₹439 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 111% of profit came in as cash: the cash cycle got 63 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 1.8× depreciation over three years. The next section checks what that spending is building. ## Where does Sundram Fasteners' cash go? Sundram Fasteners Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 173 days in FY26, up from 110 days in FY21. It spent ₹1,190 Cr on assets over the last 3 years. Customers take 89 days to pay, and stock sits for 175 days on average. At FY26 sales of ₹6,289 Cr, each day of that cycle ties up about ₹17.2 Cr, so roughly ₹2,981 Cr is tied up in the business at any time. FY26: customers took 89 days to pay and stock sat for 175 days, about 5.8 months of sales sitting as stock, for a full cycle of 173 days, longer than FY21's 110. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 175 days. Customers pay about 89 days after that. Suppliers are paid at 91 days. Together that makes the 173-day cycle. Spending on assets: ₹1,190 Cr over the last 3 years, against ₹673 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹112 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Sundram Fasteners' P/E ratio, and how does it compare with its own history? Sundram Fasteners Ltd's P/E is 35.5×, in the middle of its own history: higher than 46% of past readings. Its usual P/E (the middle reading) is 36.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹30.09. Why the multiple is where it is: over the past year earnings per share moved +9.6% while the price moved +15.5%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +5.0% a year; about +4.9% a year came from earnings growth and about +0.1 percentage points from the multiple (roughly no change); over 10 years the price moved +13.1% a year; about +12.2% a year came from earnings growth and about +0.9 percentage points from the multiple (roughly no change). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Sundram Fasteners business getting better or worse? Sundram Fasteners Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 19.3%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## What is the Sundram Fasteners story, and has it been checked? Sundram Fasteners Ltd's story is not scored yet against the checks our research set on 22 August 2026. Where it sits in its own cycle: EARLY EXPANSION. Our read, 22 August 2026. From the numbers. The separate…

From the price. Price stage 2, week 13, above its 200-day line, relative strength falling. From the research. Where they disagree. What is proven. What is not proven yet. Consolidated operating margin below 14.0%, cancelled North American Class 8 schedules, wind fastener revenue failing to advance toward the stated ₹500 Cr annualized goal, or further expansion in cash-conversion-cycle days without revenue conversion. What would change our mind. Consolidated operating margin below 14.0%, cancelled North American Class 8 schedules, wind fastener revenue failing to advance toward the stated ₹500 Cr annualized goal, or further expansion in cash-conversion-cycle days without revenue conversion. The test written in advance. Consolidated operating margin below 14.0%, cancelled North American Class 8 schedules, wind fastener revenue failing to advance toward the stated ₹500 Cr annualized goal, or further expansion in cash-conversion-cycle days without revenue conversion. Measured by: the thesis as written as stated by the next result. The test written in advance. West Asia Conflict & Input-Cost Inflation. Measured by: West Asia Conflict & Input-Cost Inflation OPM below 15% for two consecutive quarters. by the next result. The test written in advance. Global Electric Vehicle Program Deferrals. Measured by: Global Electric Vehicle Program Deferrals Export revenue misses management's FY27 channel-growth goals. by the next result. What the company does. Core automotive operations goal 2-3 percentage points of growth above domestic vehicle industry growth through market-share and content gains. Non-auto diversification across wind energy and aerospace goals higher-margin revenue, though execution toward the stated revenue milestones remains to be demonstrated. Sources: our stock research file (22 August 2026) · quarterly results through Sep 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did Sundram Fasteners management deliver what it promised? What Sundram Fasteners Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met. Raw Material Downside Pass-Through Changed · 29 October 2026. In May 2026, management described the raw-material mechanism as contractually symmetric, including passing reductions back to customers through credit notes. In Oct 2026, it said there was no obligation to return benefits when prices fall; unless that statement is limited to exports or another segment, this is a material change in the margin-protection narrative. Aerospace Revenue Goal Appears Lower · 29 October 2026. May 2026 and Aug 2026 both described a path to INR500 crores of aerospace revenue within 2-3 years. In Oct 2026, management described 200 crores as the next level, without clarifying that it is only an interim milestone or explaining the apparent reduction in the non-auto growth goal. Class 8 Growth Outlook Moderated · 29 October 2026. In May 2026, management expected the Class 8 segment to be at least 10% to 15% above the prior year. In Oct 2026, it reported a 5% year-to-date retail decline and described only 3% to 5% growth by year-end; retail and broader Class 8 measures may differ, but management did not reconcile the materially lower outlook, which matters for the export-demand thesis. Q2 Margin Expansion Did Not Materialize · 29 October 2026. Aug 2026 said the ongoing indirect-material negotiations should expand the margin in Q2. Oct 2026 instead reported Q2 EBITDA of 15.7% and H1 EBITDA of 15.9%, so the specific near-term improvement did not materialize; management did not reconcile why the expected benefit failed to appear. Every quote above is taken word for word from the company’s own earnings calls. ## What is Sundram Fasteners management's track record? Management has handled cash and debt well, but repeated timing and capital spending revisions show that forward promises need verification. ### Regulatory and governance record

No company-specific SEBI, CBI or ED action surfaced; the results were routine insider-disclosure and company-profile pages. Sources:

- [mnclgroup.com](https://www.mnclgroup.com/sundram-fasteners-ltd-steady-domestic-momentum-offsets-export-weakness)
- [trendlyne.com](https://trendlyne.com/equity/insider-trading-sast/all/SUNDRMFAST/1313/sundram-fasteners-ltd/)
- [tijorifinance.com](https://www.tijorifinance.com/company/sundram-fasteners-limited/shareholding)

(Checked 30 August 2026.)

## How much does Sundram Fasteners earn on its capital? Sundram Fasteners Ltd earned a ROCE of 18% in FY26. That is up from a low of 15% in FY14. Its return on capital used (ROIC) is 0.5 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 9.4% net margin and 1.06× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 9.4% net margin × 1.06× asset turnover × 1.39× leverage (assets divided by equity) ≈ 13.8% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 12.5% − 12.0% = +0.5 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does Sundram Fasteners have too much debt? Sundram Fasteners Ltd has total debt of ₹857 Cr against shareholder equity of ₹4,575 Cr as of Sep 2026, so its debt is 0.19× its equity, which is very little. Year by year, that ratio went from 0.29 in FY22 to 0.15 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Sundram Fasteners shareholding pattern? Domestic institutions raised their stake in Sundram Fasteners Ltd by 2.3 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 22.6% of the company. Foreign institutions moved −2.2 points over the same period, to 11.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +2.3 points over 8 quarters, to 22.6%; Foreign institutions: −2.2 points over 8 quarters, to 11.0%; Promoters: +0.0 points over 8 quarters, to 46.9%. Why the owners changed: foreign institutions moved −2.2 points and domestic institutions +2.3 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Sundram Fasteners from balance-sheet trouble? For Sundram Fasteners Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Sundram Fasteners rank in its industry? 45.1 out of 100, rank 4 of 5 in Auto Ancillaries - Engine Parts, with 85% of the evidence available. Sundram Fasteners Ltd scores 45.1 out of 100 against the 5 companies it is compared with in Auto Ancillaries - Engine Parts, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 14.7 + 14.4 + 3.5 + 12.5 = 45.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Sundram Fasteners compared with? Sundram Fasteners ranks 4 of 5 Auto Ancillaries - Engine Parts companies on the 4-Factor Sector Score, with 45.1 out of 100. 1. [India Nippon Electricals Ltd](https://www.sectoralpha.in/stocks/india-nippon-electricals-ltd) INDNIPPON · losing its lead · Most evidence points up · 96% evidence 65.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.6/35 · Revenue 29.9% · Profit 32.2% · Operating margin change 1 points · 88% evidence Capital efficiency 11.2/25 · ROCE 17% · Operating margin 11% · 100% evidence Valuation 10.8/20 · P/E 24.6× · PEG 1.27 · 100% evidence Relative strength 15.2/20 · Lead over its industry 6.3% · Lead over NIFTY 500 25.4% · 1 year 18.1% · 100% evidence · 9 of 12 weeks ahead Exact sum: 28.6 + 11.2 + 10.8 + 15.2 = 65.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Banco Products (India) Ltd](https://www.sectoralpha.in/stocks/banco-products-indialtd) BANCOINDIA · basing · Evidence leans up · 96% evidence 51.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.6/35 · Revenue 21.6% · Profit 13.8% · Operating margin change -1 points · 88% evidence Capital efficiency 21.2/25 · ROCE 30.9% · Operating margin 18% · 100% evidence Valuation 13.2/20 · P/E 17× · PEG 1.02 · 100% evidence Relative strength 2.6/20 · Lead over its industry -22% · Lead over NIFTY 500 -5.7% · 1 year -19.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.6 + 21.2 + 13.2 + 2.6 = 51.6 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 3. [Triton Valves Ltd](https://www.sectoralpha.in/stocks/triton-valves-ltd) Too little evidence to rank firmly · 56% evidence 50.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.0/43.75 · Revenue 18.4% · Profit 89.8% · Operating margin change 0.3 points · 83% evidence Capital efficiency 8.5/31.25 · ROCE 11.4% · Operating margin 6.5% · 95% evidence Valuation 12.5/25 · P/E 30.4× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 29 + 8.5 + 12.5 = 50 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. Sundram Fasteners Ltd this page SUNDRMFAST · leader · Evidence leans down · 85% evidence 45.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.7/35 · Revenue 17.2% · Profit 14% · Operating margin change -2 points · 100% evidence Capital efficiency 14.4/25 · ROCE 17.6% · Operating margin 15% · 100% evidence Valuation 3.5/20 · P/E 33.8× · PEG 2.87 · 100% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 13.3% · 1 year 9% · 25% evidence · 12 of 12 weeks ahead Exact sum: 14.7 + 14.4 + 3.5 + 12.5 = 45.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [SPR Auto Technologies Ltd](https://www.sectoralpha.in/stocks/spr-auto-technologies-ltd) SHRIPISTON · leader · Evidence leans down · 100% evidence 44.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.1/35 · Revenue 46.8% · Profit 8.2% · Operating margin change -3 points · 100% evidence Capital efficiency 16.1/25 · ROCE 20.8% · Operating margin 17% · 100% evidence Valuation 4.4/20 · P/E 33.7× · PEG 2.17 · 100% evidence Relative strength 14.0/20 · Lead over its industry 8.1% · Lead over NIFTY 500 27.6% · 1 year 67.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 10.1 + 16.1 + 4.4 + 14 = 44.6 · What this means: Relative strength against the index is 27.6%, and revenue and profit growth are weak. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Auto Ancillaries - Engine Parts](https://www.sectoralpha.in/sectors/auto-ancillaries-engine-parts), all 5 compared on one page. ## Which companies are close to Sundram Fasteners in size? Sundram Fasteners is the largest of 5 Auto Ancillaries - Engine Parts companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: SPR Auto Technologies, Banco Products (India), India Nippon Electricals and Triton Valves. ### Auto Ancillaries - Engine Parts companies close in size

1. Sundram Fasteners Ltd ₹21,742 crore
2. [SPR Auto Technologies Ltd](https://www.sectoralpha.in/stocks/spr-auto-technologies-ltd) ₹20,288 crore
3. [Banco Products (India) Ltd](https://www.sectoralpha.in/stocks/banco-products-indialtd) ₹8,206 crore
4. [India Nippon Electricals Ltd](https://www.sectoralpha.in/stocks/india-nippon-electricals-ltd) ₹2,538 crore
5. [Triton Valves Ltd](https://www.sectoralpha.in/stocks/triton-valves-ltd) ₹592 crore

[All 5 Auto Ancillaries - Engine Parts companies, largest first](https://www.sectoralpha.in/sectors/auto-ancillaries-engine-parts#all-companies)

### Companies close in size in other industries

1. [HBL Engineering Ltd](https://www.sectoralpha.in/stocks/hbl-engineering-ltd) ₹22,158 crore · Railways - Kavach/Springs
2. [Capri Global Capital Ltd](https://www.sectoralpha.in/stocks/capri-global-capital-ltd) ₹22,153 crore · Finance & Investments - Gold Loan
3. Sundram Fasteners Ltd ₹21,742 crore
4. [Aether Industries Ltd](https://www.sectoralpha.in/stocks/aether-industries-ltd) ₹21,452 crore · Speciality Chemicals
5. [Timken India Ltd](https://www.sectoralpha.in/stocks/timken-india-ltd) ₹21,452 crore · Bearings

## What else do people ask about Sundram Fasteners? ### What is Sundram Fasteners's share price today? Sundram Fasteners Ltd's share price is ₹1,085.60, +15.5% over the past year. The whole company is worth ₹22,805 Cr on the market. In the last 52 weeks it traded between ₹750 to ₹1,270; today it is 65% of the way up from the low, 6.1% above its 200-day average (as of 4 November 2026). ### What were Sundram Fasteners's latest quarterly results? Sundram Fasteners Ltd reported revenue of ₹1,984 Cr and net profit of ₹173 Cr for the Sep 2026 quarter. Revenue rose 30.4% and profit rose 13.1% compared with a year earlier. Earnings per share were ₹8.19. The operating margin was 15.0%, 2.0 percentage points lower than a year earlier (as of 4 November 2026). ### What is Sundram Fasteners's market cap? Sundram Fasteners Ltd's market capitalisation is ₹22,805 Cr at a share price of ₹1,085.60. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Sundram Fasteners performing? Sundram Fasteners Ltd's share price has been rising for 13 weeks. In its latest quarter, revenue rose 30.4% and profit rose 13.1% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 1 week running (as of 4 November 2026). ### Will Sundram Fasteners's share price go up? This page does not forecast Sundram Fasteners Ltd's share price. What it shows instead: the share price is ₹1,085.60, and it has been rising for 13 weeks. Its P/E of 35.5× is higher than 46% of its own last 11 years (as of 4 November 2026). ### Who owns Sundram Fasteners? Promoters own 46.9% of Sundram Fasteners Ltd, foreign institutions 11.0%, domestic institutions 22.6% and the public 19.4% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 2.3 percentage points over 8 quarters (as of 4 November 2026). ### Does Sundram Fasteners have too much debt? No, Sundram Fasteners Ltd has little debt: its debt is 0.15× its equity, and its operating profit is 26 times its interest bill. FY26 borrowings were ₹625 Cr against equity of ₹4,275 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Sundram Fasteners in its business cycle? Sundram Fasteners Ltd's FY26 operating margin was 16.0%, against a 13-year range of 7.0% to 18.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 15.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Sundram Fasteners story? The main question: foreign institutions moved −2.2 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Sundram Fasteners a stock worth studying right now? What the numbers show: Sundram Fasteners Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Sundram Fasteners share price forecast for 2026? What management itself guided: H2 revenue growth to mirror H1 pace with full year at H1 level and slight improvement across original equipment retail and exports. What would change the story: Consolidated operating margin below 14.0%, cancelled North American Class 8 schedules, wind fastener revenue failing to advance toward the stated ₹500 Cr annualized goal, or further expansion in cash-conversion-cycle days without revenue conversion. ### Where does this page get Sundram Fasteners' management information? From Sundram Fasteners' results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. ## Lists

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