Sundaram-Clayton (SUNCLAY) Q2 25/26 earnings summary

Executive summary

• EBITDA for Q2 FY 2025-26 rose to Rs. 79.1 Cr, up 9% year-over-year despite lower revenue due to the sale of the 2W casting business in Q4 FY2024-25.

• Standalone revenue for Q2 FY 2025-26 was Rs. 462.9 Cr, compared to Rs. 542.1 Cr in Q2 FY2024-25.

• Half-year standalone revenue was Rs. 906.9 Cr, down from Rs. 1,095.7 Cr year-over-year, reflecting the business divestment.

• The company received industry recognition for operational efficiency and ESG practices.

Financial highlights

• Standalone EBITDA for H1 FY2025-26 reached Rs. 149.7 Cr, up from Rs. 133.7 Cr in H1 FY2024-25.

• Standalone cash flow from operating activities for H1 FY2025-26 was Rs. 229.01 Cr, compared to Rs. 135.32 Cr in H1 FY2024-25.

• Consolidated net cash from operating activities for H1 FY2025-26 was Rs. 56.20 Cr, up from Rs. 27.73 Cr in H1 FY2024-25.

• Consolidated total assets as of 30th September 2025 stood at Rs. 3,076.77 Cr.

Outlook and guidance

• Domestic CV and PV segments are expected to sustain growth in H2 FY2025-26, aided by GST rate reductions.

• North American automotive market remains subdued due to tariff uncertainties, impacting export production schedules.