Sundaram-Clayton (SUNCLAY) Q1 26/27 earnings summary

Executive summary

• Standalone revenue for Q1 FY 2026-27 increased by 19% year-over-year to Rs. 524.2 Cr, reflecting strong growth momentum.

• Consolidated revenue for the quarter reached Rs. 591.65 Cr, up from Rs. 511.64 Cr in Q1 FY 2025-26.

• EBITDA margin declined to 12.7% from 16.0% year-over-year due to higher input costs.

• The company continues to ramp up production to meet recovering demand, especially in North America.

Financial highlights

• Standalone EBITDA for Q1 FY 2026-27 was Rs. 66.5 Cr, down from Rs. 70.6 Cr in Q1 FY 2025-26.

• Standalone net profit for the quarter was Rs. 17.04 Cr, nearly flat compared to Rs. 17.01 Cr in Q1 FY 2025-26.

• Consolidated net loss for the quarter was Rs. 59.33 Cr, compared to a loss of Rs. 57.76 Cr in Q1 FY 2025-26.

• Earnings per share (EPS) on a standalone basis was Rs. 7.73, while consolidated EPS was negative at Rs. 26.91.

Outlook and guidance

• The company expects continued recovery in North American truck demand and is ramping up production accordingly.

• Ongoing monitoring of geopolitical and commodity market developments to mitigate risks to supply chain and margins.