Financial Performance Highlights (Standalone, ₹ in Crores)

| Particulars | FY 2025-26 | FY 2024-25 | Change |

| Revenue from Operations | 1,788.55 | 2,109.14 | -15.2% |

| Other Income | 20.35 | 13.66 | +48.9% |

| Profit Before Depreciation, Finance Costs, Exceptional Items & Tax | 330.29 | 297.16 | +11.1% |

| Depreciation/Amortization/Impairment | 133.68 | 115.55 | +15.7% |

| Finance Costs | 83.27 | 72.22 | +15.3% |

| Profit Before Exceptional Items & Tax | 113.34 | 109.39 | +3.6% |

| Exceptional Items (Income) | 513.49 | 196.69 | +161.0% |

| Profit Before Tax | 626.83 | 306.08 | +104.8% |

| Tax Expense | 74.60 | 48.16 | +54.9% |

| Profit for the Year | 552.23 | 257.92 | +114.1% |

| Other Comprehensive Income/(Loss) | (5.88) | (3.98) | - |

| Total Comprehensive Income | 546.35 | 253.94 | +115.1% |

Note: The decline in revenue is primarily attributed to the strategic exit of the two-wheeler (2W) business in March 2025. Excluding this exited business, revenue grew by 5.7%.

Consolidated Financial Performance (₹ crores):

  • Revenue from Operations: ₹2,025.61 (FY25: ₹2,259.30) - 10.3% decrease
  • Share of net profit from associates: ₹0.86 (FY25: ₹0.36)
  • Exceptional Items: ₹513.49 gain
  • Profit Before Tax: ₹328.03 (FY25: ₹38.87)
  • Tax Expense: ₹75.65 (FY25: ₹49.52)
  • Net Profit: ₹252.38 (FY25: (₹10.65))
  • EPS: ₹114.48 (FY25: (₹5.05))

Dividend Information

The Board declared an interim dividend of ₹4.50 per share (90%) on 2,20,46,162 equity shares of ₹5 each for FY 2025-26. This involved an outflow of ₹9.92 crore and was paid to members on 23rd April 2026. The Board does not recommend any further dividend for the year. The dividend payout is in accordance with the company's Dividend Distribution Policy.

Exceptional Items and Asset Sales

The exceptional income of ₹513.49 crore (FY25: ₹196.69 crore) primarily arose from the completion of the sale of approximately 16 acres of freehold land at Padi, Chennai. The company entered into an Agreement to Sell on 8th January 2026 with Canopy Living LLP (a JV between Arihant Foundations & Housing Ltd and Prestige Estates Projects Ltd) for a total consideration of ₹558.62 crore, resulting in a gain of ₹521.16 crore. The transaction was completed and registered on 26th March 2026, with the entire consideration received. The proceeds are intended for debt reduction and strengthening the financial position.

Strategic Divestment - Hosur Business

The company completed the divestment of its high-pressure and low-pressure aluminium die-casting businesses at the Hosur plant. A Business Transfer Agreement was executed on 26th March 2025 with Sandhar Ascast Private Limited (a wholly-owned subsidiary of Sandhar Technologies Ltd) for transfer on a slump sale basis for an aggregate consideration of ₹163 crore. The balance consideration was received in April 2025. The proceeds were utilized for debt reduction.

Operational and Business Update

  • New Plant: Commenced full-fledged operations at the new smart mega die-casting plant at Thervoy Kandigai, Chennai, built on lean, green, and connected principles.
  • Sales Breakdown: Revenue derived from Medium & Heavy Commercial Vehicles (MHCV) segment (74%), Passenger Vehicle segment (25%), and Two-wheeler segment (1%).
  • Export Contribution: Exports constituted 53% of total turnover (₹952.97 crore).
  • Awards Received: Recognitions from Cummins India (Safety), Kia (Quality), DAF (Supplier Performance), Paccar (Cost Management), and Hyundai (Supplier of the Year).
  • EBITDA Margin: Improved significantly to 17.2% from 12.6% in FY25, driven by plant consolidation and operational efficiencies.

Balance Sheet Position (Standalone as of March 31, 2026, ₹ crores):

  • Property, Plant & Equipment: ₹993.84 (Net carrying value)
  • Capital Work-in-Progress: ₹23.41
  • Investments: ₹1,590.14
  • Inventories: ₹342.37
  • Trade Receivables: ₹343.42
  • Cash and Cash Equivalents: ₹29.75
  • Other Bank Balances: ₹9.99
  • Total Assets: ₹2,004.70
  • Share Capital: ₹11.02 (2,20,46,162 equity shares of ₹5 each)
  • Reserves and Surplus: ₹1,949.49
  • Long-term Borrowings: ₹630.27
  • Short-term Borrowings: ₹225.90
  • Trade Payables: ₹385.79
  • Other Current Liabilities: ₹100.79

Key Financial Ratios

| Ratio | FY 2025-26 | FY 2024-25 |

| Debtors Turnover (Times) | 5.53 | 6.38 |

| Inventory Turnover (Times) | 2.66 | 3.56 |

| Interest Coverage Ratio (Times) | 3.92 | 4.06 |

| Current Ratio (Times) | 1.04 | 0.80 |

| Debt Equity Ratio (Times) | 0.43 | 0.75 |

| Operating Profit Margin (%) | 17.33 | 13.44 |

| Net Profit Margin (%) | 4.86 | 4.27 |

| Return on Net Worth (%) | 28.16 | 18.11 |

Key Managerial Personnel and Board Changes

  • Mr. Ajay Kumar resigned as Chief Financial Officer effective 31st August 2025.
  • Mr. V Hariharan appointed as Chief Financial Officer effective 1st September 2025.
  • Mr. Rajesh Narasimhan, Non-Executive Director, resigned effective 28th November 2025.
  • Mr. Vivek S. Joshi resigned as Director & Chief Executive Officer effective 31st March 2026.
  • Mr. R. Venkatesh appointed as Additional Director, designated as Director & Chief Executive Officer, for a five-year term effective 1st April 2026 (approved by shareholders via Postal Ballot on 4th April 2026).
  • Mr. R Gopalan stepped down as Chairman effective 30th March 2026 but continues as Non-Executive Independent Director.
  • Mr. Venu Srinivasan was re-designated as Chairman and Managing Director effective 30th March 2026.

Subsidiaries Update

  • Sundaram Holding USA Inc. (SHUI): Recorded income of ₹276.19 crore (PY: ₹240.60 cr) and a loss before tax of ₹(300.34) crore (PY: ₹(258.27) cr) as operations scale up. Sundaram-Clayton (USA) Limited was merged with SHUI effective 16th December 2025.
  • Sundaram-Clayton GmbH, Germany: Recorded income of ₹10.56 crore (PY: ₹9.61 cr) and a profit before tax of ₹0.69 crore (PY: ₹0.63 cr).
  • SCL Properties Private Limited: Incorporated on 22nd July 2024; yet to commence business.
  • Associate - Sundram Non-Conventional Energy Systems Ltd: Reported a profit before tax of ₹3.46 crore (PY: ₹2.02 cr).

AGM and Resolutions

The 9th Annual General Meeting is scheduled for Tuesday, 28th July 2026, at 2:30 PM IST through Video Conferencing/OAVM.

Ordinary Business:

1. Adoption of Audited Standalone and Consolidated Financial Statements for FY26.

2. Re-appointment of Mr. R Anandakrishnan (DIN: 07806173) as Director, who retires by rotation.

3. Re-appointment of M/s. Raghavan, Chaudhuri & Narayanan, Chartered Accountants (Firm Regn. No. 007761S), as Statutory Auditors for a second term of five years (FY27 to FY31) at a remuneration of ₹71 lakhs plus taxes for FY27.

Special Business:

4. Ratification of remuneration of ₹5,00,000 plus taxes payable to M/s. C S Adawadkar & Co. (Firm Regn. No. 100401) as Cost Auditors for FY27.

Risk Management and Compliance

The company manages various financial risks including foreign exchange risk, interest rate risk, and implements hedge accounting strategies. Compliance with Companies Act 2013, SEBI (LODR) Regulations 2015, and all applicable secretarial standards has been confirmed. No material fraud was reported by the auditors under Section 143(12) of the Companies Act, 2013.