Sundram Fasteners Q4 FY 24 PAT up 13.6% to INR 132.54 cr
The total revenue was at INR 1,294.78 crore for the quarter ended March 31, 2024, as against INR 1,242.77 crore during the same period in the previous year.
Sundram Fasteners Limited was established in the year 1966 and has its headquarters in Chennai. It manufactures and sells automotive components in India, China, Germany, the United States, the United Kingdom, Italy, France, and Brazil. Their products include high tensile fasteners, cold extruded parts, hot forged parts, power train components, pumps and assemblies, radiator caps, and powder metallurgy parts. They are also engaged the generation of power using non-conventional sources; and manufacture of guide values. The company has grown into a global leader that manufactures critical, high precision components for the automotive infrastructure, windmill and the aviation sectors. Their wide range of products encompasses fasteners, powertrain components, sintered metal parts, iron powder, cold extruded parts, radiator caps and wind energy components. The company has trust of both OEM and aftermarket customers in highly competitive markets like China, Germany, USA, UK, Italy, France and Brazil. The company manufactures a range of high tensile fasteners for precision driven sectors. They also manufactures cold extruded and precision forged parts that are used in two wheelers, front wheels drive vehicles and internal combustion engines. They manufacture a range of key parts for the automotive sector. The powertrain components are also supplied to leading automotive companies across the globe. They also manufacture pumps and assemblies that are used in passenger cars, heavy and light commercial vehicles, off road vehicles, combines, harvesters, marine engines, power generation engines and two wheelers. The production of radiator caps ranges from metal and nylon caps to assemblies. They are also one of the leading manufacturers of iron powder and powder metallurgy parts in the country.
The total revenue was at INR 1,294.78 crore for the quarter ended March 31, 2024, as against INR 1,242.77 crore during the same period in the previous year.
In a statement on Sunday, the company said its domestic sales for the quarter ended September 30, 2023 were at INR 861.78 crore as against INR 802.45 crore registered during the same period of last year.
Sundram Fasteners Limited (SFL), part of the $7.2 bn TVS group, on monday announced its FY18 Q1 results with the net profit of the Company for the Quarter ended 30th June 2017 was at Rs.90.17 crores, as against Rs.75.55 crores during the same period in the previous year, an increase of 19.4%, the company said in a press statement
The earnings before interest, depreciation and taxes (EBIDTA) increased to Rs 141.51 crore from Rs 103.67 crore, witnessing growth of 37 percent. The EBITDA margin has increased during the period due to volume growth, product mix and specific cost reduction initiatives of the company.
Name | DIN | Designation | Date of joining | |
---|---|---|---|---|
Venu Srinivasan | Unlock to View | Unlock to View | Director | 21 Aug,2015 |
Muthuraman Balasubramanian | Unlock to View | Unlock to View | Director | 16 Apr,2015 |
Arundathi Krishna | Unlock to View | Unlock to View | Managing Director | 18 Sep,2008 |
Muthuswamy Raghupathy | Unlock to View | Unlock to View | Director | 06 Jun,2008 |
Arathi Krishna | Unlock to View | Unlock to View | Managing Director | 23 Aug,2006 |
Chetpet Venkatasubban Karthik Narayanan | Unlock to View | Unlock to View | Director | 03 May,2006 |
Rengasamy Raja Ramakrishnan | Unlock to View | Unlock to View | Director | 12 Jun,2003 |
Srinivasan Rangarajan | Unlock to View | Unlock to View | Director | 06 Mar,1995 |
Venkateswaraayyar Narayanan | Unlock to View | Unlock to View | Director | 19 Sep,1994 |
Krishna Ramesh | Unlock to View | Unlock to View | Director | 21 Dec,1971 |
Suresh Krishna | Unlock to View | Unlock to View | Managing Director | 26 Aug,1964 |
A component is a part or element that make up a whole machine. In the automotive industry, a vehicle comprises of a number of different components, which when put together, makes up a whole vehicle. Following is the list of the important automotive components:-
"Other" comprises of components and services that might not be core to automotive segment, but a very important segment. Sub-parts for this are - other ammunition hardware (for automobiles), other auto parts (aftermarket), other automotive components, other sheet metal automotive components, other different components as per drawing and specifications, along with other engineering goods.
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