What we do Sundram Fasteners Ltd is a leading Indian auto component manufacturer producing fasteners, pumps, forged parts, and other precision components primarily for the automotive industry. |
Founded in 1,962 |
Market share Among top auto component suppliers in India with global presence and diversified product portfolio across major markets. |
Problem solved Provides high-quality, reliable automotive components vital for vehicle safety, efficiency, and performance, supporting global automakers' supply chains. |
Top clients or who we serve Serves automobile manufacturers worldwide including OEMs in India, USA, China, Europe; operates in B2B model. |
Key management Suresh Krishna, Chairman, with extensive industry leadership and strategic growth experience. |
Our journey and innovations Founded 1962; expanded via joint ventures, acquisitions, and technology collaborations; pioneered automotive fasteners exports from India; diversified portfolio globally. |
Where we operate India, USA, China, UK, Malaysia, Germany and other global markets through subsidiaries and export operations. |
Top products or what we offer Fasteners, water pumps, sintered and forged parts, radiator caps, gear shifters, parking brake assemblies, and IT enterprise solutions via subsidiaries. |
Top brands Key segments include Sundram branded fasteners and precision components vital to automotive supply chains. |
Raw materials needed Steel, metal powders, alloys essential for manufacturing forged and sintered automotive parts. |
Raw materials supplier Sourced from established steel and metal suppliers domestically and internationally ensuring quality supply chain. |
Recurring vs cyclical contribution Revenue largely cyclical aligned with automotive industry demand cycles, but steady order books and long-term contracts provide resilience. |
Our industry position Market leader in automotive fasteners in India with strong export presence and technological collaborations enhancing competitive edge. |
Financial highlights FY 2024-25 revenue ₹5955.42 crores; net profit ₹539.1 crores; steady growth driven by capacity expansions and diverse market reach. |
Geographical revenue split India 64.5%, Americas 22%, China 5.2%, Rest of World 8.3%. |
Order book - |
Whats driving growth Automotive sector recovery, exports growth, new product development, renewable energy initiatives and IT solutions expansion. |
Our future plans Capacity enhancement, technology upgrades, sustainability projects including carbon neutrality by 2045, and strategic acquisitions globally. |
Our green promise Committed to carbon neutrality, renewable energy increase, waste reduction, water conservation, safety standards and sustainable supply chain. |
Our people and values Employee well-being, diversity, skill development, and robust governance shape the company culture. |
Key challenges ahead Managing global supply chain risks, cyclical auto demand variability, and rising raw material costs. |
Interesting facts First Indian engineering firm to set up automotive fastener manufacturing in China; over 50 years of diversified global expansion. |
Risks and strategy Mitigates cyclical market risks via diversification; adopts advanced manufacturing and sustainability to maintain leadership. |