Sundram Fasteners Share Price Target 2026, 2027, 2028, 2029, 2030
- Market Cap
- ₹20,856 Cr
- Book Value
- ₹204
- Stock P/E
- 33.6
- Dividend Yield
- 0.81%
- ROE
- 14.9%
- ROCE
- 17.6%
- PEG Ratio
- 3.01
- EV/EBITDA
- 19.4
Fundamentals from Screener.in, as of 5 Aug 2026. Live price via Yahoo Finance.
Sundram Fasteners share price today
Sundram Fasteners (NSE: SUNDRMFAST) has spent five decades proving a TVS-group truth: discipline compounds. From high-tensile fasteners (the nuts and bolts inside every engine) it has migrated up the precision ladder — powder-metal parts, pumps, cold-extruded components — and now into EV powertrain parts: motor shafts, differential assemblies, battery-pack fasteners for global EV platforms, including marquee export mandates.
The signature is consistency rather than spectacle: steady mid-teens compounding, conservative leverage, export credibility built order by order. At 33.6×, our universe tags it wait — the quality is generational; the growth (11% five-year CAGRs) needs the EV book to inflect before the multiple looks cheap.
The precision migration
Fasteners taught the company tolerances, metallurgy and global-customer discipline; every subsequent product reuses those assets at higher value. The EV transition is opportunity, not threat: electric powertrains delete some engine fasteners but demand precision-machined motor and drivetrain components at better margins — and Sundram won those mandates early, including exports to global EV programs. The TVS-group culture (55 years without a strike, famously) underwrites execution.
Watch-items: EV-component order ramps (the growth inflection), global auto cycles (exports matter), commodity steel costs, and the pace at which new products outgrow the legacy fastener base.
The numbers
From our research universe snapshot (5 Aug 2026):
| Metric | Value |
|---|---|
| Market cap | ₹20,856 Cr |
| P/E (TTM) | 33.6 |
| EV/EBITDA | 19.4 |
| Operating margin | 15.7% |
| ROE / ROCE | 14.9% / 17.6% |
| Debt to equity | 0.15 |
| Sales CAGR (5y) | 11.5% |
| Profit CAGR (5y) | 11.2% |
| Promoter holding | 46.9% |
| EPS (TTM) | ₹29.56 |
Sundram Fasteners share price target 2026 to 2030
EPS base ₹29.56 (TTM). Bear: auto cycles soften, EV ramp stays slow — 7% growth, multiple at 22×. Base: EV components inflect the mix — 12% growth at 29×. Bull: export EV mandates scale decisively — 16% growth at 36×.
| Year | Bear (22×, +7%) | Base (29×, +12%) | Bull (36×, +16%) |
|---|---|---|---|
| 2026 | ₹696 | ₹960 | ₹1,235 |
| 2027 | ₹745 | ₹1,075 | ₹1,430 |
| 2028 | ₹797 | ₹1,205 | ₹1,660 |
| 2029 | ₹852 | ₹1,350 | ₹1,925 |
| 2030 | ₹912 | ₹1,510 | ₹2,235 |
From ₹993, the base case is ≈ +52% over four and a half years plus the 0.8% yield; the bear is −8%. Half a century of compounding rarely gets exciting entries — the range below is what patience looks like in numbers.
Reasons to own Sundram Fasteners (at the right price)
- Five decades of precision-manufacturing discipline — the TVS-group signature.
- EV powertrain mandates convert the transition into a content upgrade.
- Export credibility with global OEMs earned across generations.
- Conservative leverage through every auto cycle since the 1960s.
- The product ladder keeps climbing — fasteners to EV drivetrain assemblies.
The risks: growth has been average (11% CAGRs) while the multiple prices better, the EV ramp’s timing is the whole upside case, and global auto softness hits the export book first.
Should you buy at the current price?
The live buy range below is for members — generational quality at a patient price.
FAQ
What is the Sundram Fasteners share price target for 2030? Base case ≈ ₹1,510 (29× on 12% compounded growth), bear ≈ ₹912, bull ≈ ₹2,235. Arithmetic above.
Doesn’t the EV transition kill a fastener maker? EVs delete some engine fasteners but need precision motor shafts, differential parts and battery hardware — higher-value work Sundram already supplies to global EV platforms.
What makes TVS-group companies distinctive? Multi-generational conservatism: labour peace, low leverage, quality-first manufacturing culture — the qualities that show up as five decades of uninterrupted compounding.
When are Sundram Fasteners’ next results? Track the exact date on our results calendar.
This article is research and education, not personalised investment advice. We are not SEBI-registered advisers. Price targets are scenario arithmetic, not promises. Do your own research and consult a registered adviser before acting.