Date: July 27, 2026
Financial Performance Summary
Q1 FY27 (Ended June 30, 2026) Results:
Profitability:
- Net Profit: Rs. 37 Crore (compared to Rs. 26 Crore in Q1 previous year)
- Year-over-Year Growth: 42.3% increase in net profit
Revenue Performance:
- Total Revenue: Rs. 1,386 Crore (compared to Rs. 1,187 Crore in Q1 previous year)
- Year-over-Year Growth: 16.8% revenue growth
Export Performance:
- Export Revenue: Rs. 380 Crore in Q1 FY27 (compared to Rs. 324 Crore in Q1 previous year)
- Year-over-Year Growth: 17.3% export growth
- Key Export Driver: Strong growth in construction equipment wheels
Management Commentary
Performance Drivers:
- Domestic market growth for cars, trucks, and agriculture tractors continued momentum post GST 2.0 reforms
- Strong export growth in construction equipment wheels
- Significant inflationary pressures on material costs due to the West Asia crisis
Outlook:
- Management expects the growth momentum to continue in Q2 FY27
Business Overview
Product Portfolio:
- Wheels for trucks, agricultural tractors, passenger vehicles, and construction equipment
- Air suspension systems for trucks and buses
- Industrial components for construction and windmill industry
Manufacturing Presence:
- Plants located in Tamil Nadu, Maharashtra, Uttar Pradesh, Uttarakhand, and Andhra Pradesh
Corporate Background
Parent Group: TSF (Trichur Santhanam Family) Group
- Comprises the T.S. Santhanam branch of the erstwhile TVS group
- Group heritage dating back to 1936
- Interests span automotive and financial services sectors
Group Statistics:
- Combined revenue: More than Rs. 33,000 crore
- Employees: 42,000
- Branches: 1,200
- Factories: 36
Business Segments:
- Automotive: Component manufacturing, parts distribution, vehicle dealership, vehicle financing
- Financial Services: Through Sundaram Finance (founded 1954)
- Automotive lending
- General insurance
- Housing loans
- Asset management