Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results

Audit Opinion:

Unmodified review report issued by M/s B S R & Co. LLP, Chartered Accountants, Chennai.

Auditor’s Comment:

No qualifications or modifications. The limited review did not identify any material misstatements.

Key Financial Highlights [Rs. in Crores]:

Standalone Results:

  • Revenue from Operations: ₹1,614.76 (YoY: +19.6% from ₹1,350.17 in Q1 FY26)
  • Other Income: ₹3.64
  • Total Income: ₹1,618.41
  • Cost of Materials Consumed: ₹699.38
  • Employee Benefits Expense: ₹110.01
  • Finance Costs: ₹6.80
  • Depreciation and Amortisation Expense: ₹49.90
  • Other Expenses: ₹566.93
  • Total Expenses: ₹1,415.17
  • Profit Before Exceptional Items and Tax: ₹203.23 (YoY: +9.5% from ₹185.68)
  • Exceptional Items: None in current quarter (Previous quarters had items)
  • Profit Before Tax: ₹203.23
  • Total Tax Expense: ₹52.26 (Current Tax: ₹48.93, Deferred Tax: ₹3.33)
  • Net Profit for the period: ₹150.97 (YoY: +9.1% from ₹138.35)
  • EPS (Basic & Diluted): ₹7.18 (not annualized)
  • Other Equity: Not specified for current quarter (FY26: ₹4,034.07)
  • Cash and Cash Equivalents: Not specified
  • Debt: Not specified

Consolidated Results:

  • Revenue from Operations: ₹1,846.07 (YoY: +20.4% from ₹1,533.39 in Q1 FY26)
  • Profit Before Exceptional Item and Tax: ₹223.54 (YoY: +12.3% from ₹199.13)
  • Exceptional Items: None in current quarter
  • Profit Before Tax: ₹223.54
  • Total Tax Expense: ₹54.85 (Current Tax: ₹51.22, Deferred Tax: ₹3.63)
  • Net Profit for the period: ₹168.69 (YoY: +14.0% from ₹147.94)
  • Net Profit Attributable to Owners: ₹168.39
  • Other Comprehensive Income: ₹7.19
  • Total Comprehensive Income: ₹175.88
  • EPS (Basic & Diluted): ₹8.01 (not annualized)
  • Other Equity: Not specified for current quarter (FY26: ₹4,254.03)
  • Cash and Cash Equivalents: Not specified
  • Debt: Not specified

Segment-wise Performance:

The Company and Group have only one reportable segment (Automotive Components). Figures disclosed represent this single segment.

Corporate Actions:

Not Specified

Other Significant Information:

  • Sales Breakdown (Standalone): Domestic sales: ₹1,084.31 Cr (YoY +16.5%); Export sales: ₹465.97 Cr (YoY +22.9%)
  • Management Commentary: MD Arathi Krishna cited strong business conditions, recovery in export demand, and expansion into non-automotive sectors (aerospace, wind energy, railways, defence).
  • Digital Transformation: Adoption of Industry 4.0 technologies (AI, ML, IoT, robotics) to improve productivity and quality.
  • Capital Expenditure: ₹400 Cr earmarked for capacity expansion:
  • ₹250 Cr for Fasteners Division (wind energy, space, aerospace)
  • ₹100 Cr for Cast and Machined Assemblies business (high-value precision assemblies)
  • Focus on ICEVs, PHEVs, and EVs
  • Subsidiaries Included in Consolidation: TVS Upasana Limited; TVS Next Limited; TVS Next Inc., USA; Sundram Fasteners Investments Limited; Sundram Non-Conventional Energy Systems Limited; Sundram International Limited, UK; Cramlington Precision Forge Limited, UK; Sundram Fasteners (Zhejiang) Limited, Republic of China; Sundram International Inc., USA