Sundaram-Clayton (SUNCLAY) Q2 26/27 earnings summary

Executive summary

• Standalone Q2 FY27 total income was ₹631.9 crore and PAT ₹39.5 crore; H1 income rose 28% YoY to ₹1,159.8 crore and PAT rose 52% to ₹56.5 crore.

• Consolidated results remained loss-making: Q2 loss attributable to owners was ₹50.8 crore and H1 loss was ₹110.1 crore.

Financial highlights

• Standalone Q2 revenue from operations was ₹629.4 crore vs ₹458.6 crore YoY; PAT was ₹39.5 crore vs ₹20.2 crore.

• Standalone H1 revenue from operations was ₹1,153.6 crore vs ₹900.7 crore; PAT was ₹56.5 crore vs ₹37.2 crore.

• Consolidated Q2 revenue from operations was ₹697.7 crore vs ₹494.8 crore; H1 revenue was ₹1,289.4 crore vs ₹1,006.4 crore.

• Standalone Q2 EBITDA was ₹98.9 crore, with a 15.7% margin, vs ₹79.1 crore and 17.1% a year earlier.

Outlook and guidance

• Management is targeting a financial turnaround in US operations through restructuring and improved production and operating metrics, with focus on sales growth, cost competitiveness and execution.

• Production across manufacturing facilities increased in Q2 in line with customer requirements; US production ramp-up supported manufacturing and customer deliveries.