Sundaram Brake Linings Reports FY25 Net Profit of ₹517.28 Lakh, Declares ₹1.50 Dividend
By Ankur Chandra | Updated at: May 31, 2025 07:30 PM IST
CHENNAI, May 25, 2025 – Sundaram Brake Linings Ltd (BSE: 590072, NSE: SUNDRMBRAK), a leading manufacturer of friction materials, announced its audited financial results for the fourth quarter and financial year ended March 31, 2025, reporting a net profit of ₹517.28 lakh for FY25, despite headwinds in the domestic commercial vehicle market.
Key Financial Highlights (Standalone)
| Particulars | FY25 | FY24 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹35,221.30 lakh | ₹35,235.87 lakh | -0.04% |
| Total Income | ₹35,507.70 lakh | ₹35,563.63 lakh | -0.16% |
| Total Expenses | ₹34,888.60 lakh | ₹34,409.14 lakh | +1.39% |
| Net Profit | ₹517.28 lakh | ₹1,009.36 lakh | -48.74% |
| EPS (Basic & Diluted) | ₹13.15 | ₹25.65 | -48.71% |
| Dividend Recommended | ₹1.50 per share | ₹2.00 per share | -25.00% |
The company cited project delays, rising development costs in its composite business, legal expenses, and subdued demand in the commercial vehicle segment as key factors weighing down its profitability.
Quarterly Performance: Q4 FY25 vs Q4 FY24
| Metric | Q4 FY25 | Q4 FY24 | Change |
|---|---|---|---|
| Revenue from Operations | ₹9,695.70 lakh | ₹8,903.15 lakh | +8.90% |
| Net Profit | ₹132.44 lakh | ₹57.88 lakh | +128.76% |
The company delivered a strong quarter-on-quarter rebound in net profit, indicating improved operational efficiency and cost control measures in Q4.
Balance Sheet Snapshot (as of March 31, 2025)
- Total Assets: ₹22,460.41 lakh (↑8.86% YoY)
- Total Equity: ₹9,935.26 lakh
- Short-term Borrowings: ₹5,174.29 lakh (↑32% YoY)
- Cash and Equivalents: ₹27.44 lakh
Corporate Announcements
- Dividend: ₹1.50 per equity share of ₹10 face value (15%), subject to shareholder approval at the upcoming AGM.
- M/s. Sundaram & Srinivasan appointed as Internal Auditors for FY26.
- M/s. V Suresh Associates proposed as Secretarial Auditors for a five-year term (FY26–FY30).
Management Commentary
Managing Director Krishna Mahesh acknowledged the financial pressures during the year but reaffirmed the company’s commitment to long-term R&D and product innovation in advanced composite materials. “Despite the tough operating environment, our Q4 performance reflects resilience and lays a solid foundation for FY26,” he noted.
Strategic Outlook
The company is expected to focus on stabilizing margins and capitalizing on export opportunities, particularly in light of domestic demand volatility. Continued investments in product development and operational efficiency will remain strategic priorities.
About the Company:
Sundaram Brake Linings Ltd, a part of the TVS Group, is engaged in manufacturing friction materials for automotive and industrial applications. With a strong OEM and aftermarket presence, it remains a key player in the brake lining segment.
Dividend History (Past 3 Years):
- FY25: ₹1.50 (Proposed)
- FY24: ₹2.00
- FY23: ₹2.00
The financial results have been audited by M/s. Brahmayya & Co., who issued an unmodified opinion on the financial statements for FY25.
REF: https://nsearchives.nseindia.com/corporate/SUNDRMBRAK_25052025123139_Outcome_ResultsQ4202425.pdf
