SUNDRAM FASTENERS LTD. - 500403 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201515-11-2021
15-11-2021
SUNDRAM FASTENERS LTD. - 500403 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Compliance under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Newspaper Publications on Unaudited Financial Results for the quarter and half-year ended September 30, 202112-11-2021
Sundram Fasteners sees surge in orders from global EV-makers
Q2 net profit rises 23% at 120 crore11-11-2021
Sundram Fasteners Ltd - 500403 - Announcement under Regulation 30 (LODR)-Credit Rating
Intimation of re-affirmation of rating11-11-2021
Sundram Fasteners Ltd - 500403 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Analyst / Investor Meet11-11-2021
Q2FY22 Quarterly Result Announced for Sundram Fasteners Ltd.
Highlights: Sundram Fasteners Limited Net Profit jumps by 23.4% at Rs. 120.16 crores compared to Rs 97.36 crores of the corresponding quarter last year. Revenue from Operations increased by 38.6% Profit before Tax (PBT) increased by 23.1% Profit after Tax (PAT) increased by 23.4% Revenue from Operations increased by 39.7% Profit before Tax (PBT) increased by 20.4% Profit after Tax (PAT) increased by 19.6% Standalone Financials: The revenue from operations was at Rs 1,063.07 crores for the quarter ended September 30, 2021 as against Rs 766.85 crores during the same period in the previous year, registering a growth of 38.6% despite operating in a challenging environment of the performance of vehicle manufacturers constrained by a global shortage of semi-conductors. The domestic sales for the quarter ended September 30, 2021 were at Rs. 663.26 crores as against Rs. 483.88 crores during the previous year, recording a growth of 37.1%. The export sales for the quarter ended September 30, 2021 were at Rs. 362.80 crores as against Rs. 260.28 crores, posting an increase of 39.4%. The Company continues to post a robust growth in export sales. The EBITDA for the quarter ended September 30, 2021 was at Rs. 200.95 crores as against Rs. 167.52 crores. The Company has posted EBITDA % on revenue from operations at 18.9% as against 21.7% during the same period in the previous year. During the quarter ended September 30, 2021, the adverse commodity prices as well as increase in costs of other inputs and logistics attributable to oil price increase impacted the margins. However, the effect of the same was mitigated through cost reduction measures and price support from the customers. The finance cost comprising of interest cost of Rs.1.71 crores and exchange loss of Rs.0.36 crores for the quarter ended September 30, 2021, was at Rs. 2.07 crores. The finance cost for the corresponding quarter in the previous year comprised of interest cost of Rs.5.46 crores and exchange gain of Rs.(5.40) crores which thus amounted to Rs. 0.06 crores. The Company has been able to contain the interest cost due to efficient working capital management. The Profit before Tax (PBT) for the quarter ended September 30, 2021 was at Rs.160.86 crores as against Rs. 130.65 crores during the same period in the previous year, an increase of 23.1%. The net profit for the quarter ended September 30, 2021 was at Rs 120.16 crores as against net profit of Rs. 97.36 Crores during the same period in the previous year, an increase of 23.4%. Earnings per share for the quarter ended September 30, 2021 amounted to Rs. 5.72 and was Rs. 4.64 in the corresponding period last year. Consolidated Financials: The Company's consolidated revenue from operations posted for the quarter ended September 30, 2021 was at Rs 1,242.26 crores as against Rs 889.33 Crores during the same period in the previous year, posting an increase of 39.7%. The consolidated net profit for the quarter ended September 30, 2021 was at Rs 123.91 crores as against net profit of Rs. 103.64 Crores during the same period in the previous year, an increase of 19.6%. The consolidated earnings per share (EPS) for the quarter ended September 30, 2021 amounted to Rs. 5.83 and was Rs. 4.87 in the corresponding period last year. Result PDF11-11-2021
SUNDRAM FASTENERS LTD. - 500403 - Unaudited Financial Results For The Quarter And Half-Year Ended September 30, 2021
Unaudited Financial Results for the quarter and half-year ended September 30, 202111-11-2021
SUNDRAM FASTENERS LTD. - 500403 - Board Meeting Outcome for Unaudited Financial Results For The Quarter And Half-Year Ended September 30, 2021
Unaudited Financial Results for the quarter and half-year ended September 30, 202111-11-2021
Sundram Fasteners Ltd - 500403 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Sundram Fasteners Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here23-10-2021
SUNDRAM FASTENERS LTD. - 500403 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Sundram Fasteners Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here23-10-2021