Automotive component supplier Sundram Fasteners has announced its financial results for the quarter and year ended 31 March 2025.

For Q4 FY2025, the revenue came at INR 13.53 billion, up from INR 12.78 billion in the same period last year. Domestic sales stood at INR 9 billion (INR 8.4 billion in Q4 FY2024), while exports were INR 4 billion (INR 3 billion in Q4 FY2024). Net profit came at INR 1.34 billion as compared to INR 1.32 billion.

For FY2025, total revenue was INR 52 billion, as against INR 49 billion, which includes domestic sales of INR 34 billion, as against INR 33 billion last year. Exports grew by 12.39 percent to INR 15 billion, as against INR 14 billion last year. The net profit came at INR 5 billion, as against INR 4 billion last year.

The consolidated revenue for FY2025 came at INR 59.83 billion, as against INR 57.2 billion last year, while net profit came at INR 5.4 billion, compared to INR 5.25 billion last year.

Arathi Krishna, Managing Director, Sundram Fasteners, said, “We achieved the highest-ever quarterly PAT at INR 1.34 billion by maintaining strong financial discipline, sustaining a positive cash balance and adopting best practices in quality management and automation. This growth is particularly encouraging as we have witnessed significant progress in our non-auto business, which has contributed to our overall robust performance. Our growth is supported by strong domestic and export order book. We remain committed to driving volume-led growth by leveraging emerging opportunities in the electric vehicle segment and continuing our focus on innovation which will enable us to outpace industry growth rates.”

During the year, Sundram Fasteners incurred a CAPEX of INR 3.7 billion towards capacity expansion and new projects across internal combustion engine vehicles (ICE), plug-in hybrids and electric vehicles.

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German private equity investor Mutares SE & Co is set to acquire Continental’s drum brakes production and R&D location in Cairo Montenotte (Italy) as part of its new platform investment in the automotive and mobility segment.

This follows the Continental Group’s recent announcement to spin off its automotive business as an independent company, Aumovio in September 2025.

As per the understanding, Mutares will take over all employees and business activities related to Continental’s drum brake business in Cairo Montenotte. This is expected to add about EUR 100 million in revenue for the company in 2025. The facility in Cairo Montenotte, Italy, is a production and R&D site for hydraulic drum brakes and manufactures products such as the Parking Brake for Simplex Brakes (EPB-Si) and the Drum Brake (Si). It employs around 400 people.

Johannes Laumann, CIO, Mutares, said, “With the acquisition of Continental’s Cairo Montenotte site we are strengthening our automotive and mobility segment. The long-standing expertise, strong product portfolio and highly skilled workforce provide an excellent foundation for operational development and future growth.”

Philipp von Hirschheydt, member of the Continental Executive Board and CEO of the future Aumovio, added, “We are confident that Mutares, with its extensive experience in the automotive business, is the right owner to lead this site into the future. Our shared goal is to ensure continuity for employees, customers and partners while securing long-term prospects for the Cairo Montenotte location.”

“With this agreement, we further consolidate our European manufacturing footprint. Moreover, it marks an important step in our strategy in Europe to better allocate R&D and investments with our product strategy and future technologies, such as electric braking or integrated friction solutions. The transaction deal follows Automotive’s strategy to sharpen our focus on our core business and streamline our business operations,” added Hirschheydt.

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Tier 1 automotive supplier Forvia Hella has announced the appointment of Subramanian Narayanan (Subu) as the new Head of Global Development Center India.

It was in May 2001, Narayanan started his journey in the automotive industry as a Product Designer at Visteon Corporation.

In 2005, Subu joined the Forvia Hella Group (formerly Hella Lighting and Faurecia) and over the course of nearly two decades, he held various positions in the company. Most recently, he was the Head – Technical Center and Program Management.

In his new role, Narayanan will be tasked with leading new product development and technological trends for Forvia Hella.

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Highway Roop Precision Technologies (Highway Roop), a global auto components platform formed by the integration of Highway Industries and Roop Automotives, has appointed Dharmesh Arora as its new Chief Executive Officer.

Arora brings a wealth of experience to Highway Roop, having most recently served as CEO for Asia Pacific at Schaeffler Group for over five years. Prior to that, he held the position of CEO for Schaeffler India for seven years. His extensive career also includes two decades in leadership roles within purchasing and supply chain at General Motors. He started his journey in the automotive sector in 1986 as a Product Engineer at Maruti Suzuki India, making him a seasoned industry veteran.

Mohit Oswal, Non-Executive Chairman of Highway Roop, said, “We are excited that Dharmesh has joined as CEO of Highway Roop. He is a highly experienced professional who has a deep understanding of the automotive industry and brings decades of global experience in building and managing automotive businesses”.

He added that Arora’s focus will be on "accelerating growth, driving operational excellence and leveraging innovation to deliver enhanced value for the Platform’s customers and strengthen its market position."

Dharmesh Arora said, “I am honoured to join Highway Roop at such an exciting time for India’s automotive industry. The platform’s strong manufacturing capabilities, diverse product portfolio, and global customer base create a powerful foundation for expansion.”

Highway Roop is a prominent manufacturer of forged and precision-machined components, including steering system assemblies and various transmission and powertrain applications. The company caters to electric, hybrid, and internal combustion engine (ICE) powered vehicles. The platform has also indicated its intent to acquire synergistic assets as part of its growth and expansion strategy within the auto components sector.

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Belrise Industries (formerly Badve Engineering) has reported its financial results for FY2025, with revenue of INR 82,908 million, up 11 percent YoY, as compared to INR 74,841 million last year.

The EBITDA came at INR 10,211 million, up 10 percent YoY, EBITDA margin of 12.3 percent, and profit after tax at INR 3,554 million, as against INR 3,138 million last year.

The company, a leading automotive component supplier, saw 81.3 percent of manufacturing revenue coming from the two-wheeler segment, three-wheelers contributed 3.6 percent, passenger vehicles 4.4 percent, commercial vehicles contributing 7.3 percent, while remaining came from other segments.

Belrise Industries also announced that it has repaid about INR 15,960 million debt through its recent IPO proceeds, which will further reduce interest cost savings and significantly improve debt ratios.

Shrikant Badve, Managing Director, Belrise Industries, said, “FY2025 has been a great year for Belrise Industries, marking our transition into the public markets and taking us a step closer to becoming one of India’s largest and most respected process engineering companies. Throughout the year, we made meaningful progress on multiple fronts. We ended FY2025 with total revenue from operations of INR 82,908 million, including INR 65,938 million from manufacturing activities, supported by strong offtake in key accounts, a better product mix and improved throughput from mature plants. Our EBITDA margin stood at 12.3 percent with profitability remaining stable despite raw material price fluctuations and cost absorption from newly commissioned facilities.”

“A key highlight of the year is that we are moving from a Tier-1 supplier (subsystem supplier) to a Tier 0.5 supplier (system supplier). This has led to an increasing share of systems and sub-assemblies in our manufacturing revenues — products that require greater engineering input and offer higher embedded value. Around 73 percent of our portfolio is now powertrain-agnostic, giving us the ability to scale across both ICE and EV platforms. The integration of H-One India and Mag Filters has further enhanced our capabilities. These additions not only expand our product reach but also bring added relevance across PV and CV platforms, where we see growing customer interest.

From the recently completed IPO, we have already repaid debt of INR 15,960 million, which will lead to the reduction in interest costs and a significant improvement in debt ratios over the year.”

Going forward, he expects that in FY2026 the auto component industry to grow at a steady pace led by two-wheeler and passenger vehicle segments.

“We believe Belrise is well positioned to benefit from this trend and is estimated to grow faster than the industry at mid-teen levels, supported by strong relationships Tier-1 OEMs. As we move into FY26, we remain focused on expanding our presence in the 4W and CV segments, while continuing to build on our core strengths. Our approach will remain anchored in product premiumisation, engineering capability and operational efficiencies — ensuring we scale responsibly and sustainably in the years ahead.”

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