Sundram Fasteners Limited (SUNDRMFAST.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+8.7%

₹1,155.19

vs ₹1,063.10 price

Levered DCF

₹797.68

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

8.45

Safe zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	26.63×	35.22×	43.97×	41.55×	41.39×	46.84×	18.92×	26.42×
P/B	3.68×	4.98×	6.71×	6.81×	7.21×	7.17×	3.08×	6.46×
P/S	2.5×	3.19×	4.05×	3.63×	3.86×	4.62×	1.65×	2.65×
EV / EBITDA	15.32×	20.93×	26.57×	24.8×	24.4×	26.35×	11.8×	16.28×
Gross margin	47.4%	58.1%	56.1%	54.1%	55.7%	58.6%	56.9%	57.2%
Operating margin	12.1%	47.9%	46.1%	44.8%	45.6%	47.4%	44.6%	46.7%
Net margin	9.4%	9.1%	9.2%	8.7%	9.3%	9.9%	8.7%	10.0%
Current ratio	2.12×	1.94×	1.86×	1.77×	1.58×	1.46×	1.28×	1.29×
Debt / equity	0.15×	0.22×	0.19×	0.24×	0.29×	0.3×	0.46×	0.53×
Interest coverage	19.92×	86.18×	83.37×	75.29×	103.81×	52.48×	35.4×	56.04×
Dividend yield	1.1%	0.8%	0.5%	0.6%	1.1%	0.2%	3.0%	1.0%
Payout ratio	28.5%	28.2%	23.4%	24.2%	45.6%	7.8%	56.7%	26.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	13.8%	14.1%	15.3%	16.4%	17.4%	15.3%	16.3%	24.5%
Return on invested capital	11.2%	44.8%	46.3%	49.0%	46.8%	40.2%	45.2%	49.2%
Return on assets	10.0%	9.8%	10.5%	10.7%	10.7%	9.1%	9.2%	12.4%
Free cash flow yield	2.8%	0.1%	0.8%	1.1%	1.0%	1.5%	6.3%	-1.1%
Earnings yield	3.8%	2.8%	2.3%	2.4%	2.4%	2.1%	5.3%	3.8%
Enterprise value	₹162.7B	₹197.7B	₹235.7B	₹212.2B	₹196.4B	₹175B	₹70.2B	₹130.6B
Net debt / EBITDA	0.5×	0.82×	0.7×	0.79×	0.91×	1.03×	1.47×	1.22×
Cash conversion cycle (days)	154	175	143	127	134	126	120	129