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Sundaram Finance Ltd Performance

Today's Low
4,539.90
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Today's High
4,691.55
52 Wk Low
2,275.00
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52 Wk High
4,699.00


Open

4575.85

Traded Value (Cr)

46.41 Cr

Prev. Close

4604.8

VWAP

4642.82

Volume

1,66,573

Face Value

10

Sundaram Finance Ltd Fundamentals

Market Cap
₹ 49,707 Cr
P/E Ratio (TTM)
31.04
P/B Ratio
4.70
Debt to Equity
4.62
ROE
14.25 %
EPS (TTM)
144.13
Dividend Yield
0.60%
Book Value
951.83

Click here to know more about Fundamentals

Sundaram Finance Ltd Financials

Sundaram Finance Ltd Financials

Sundaram Finance Ltd Shareholding Pattern

Held By Dec 2023 Sep 2023 Jun 2023 Mar 2023
Promoters 37.88 % 38.49 % 38.49 % 38.49 %
Retail 26.29 % 25.75 % 25.80 % 25.98 %
Others 14.34 % 14.68 % 14.94 % 14.93 %
Mutual Funds 13.18 % 12.74 % 12.98 % 12.82 %
FII 8.31 % 8.35 % 7.78 % 7.78 %

Promoters

37.88%

Retail

26.29%

Others

14.34%

Mutual Funds

13.18%

FII

8.31%

Promoters

38.49%

Retail

25.75%

Others

14.68%

Mutual Funds

12.74%

FII

8.35%

Promoters

38.49%

Retail

25.80%

Others

14.94%

Mutual Funds

12.98%

FII

7.78%

Promoters

38.49%

Retail

25.98%

Others

14.93%

Mutual Funds

12.82%

FII

7.78%

Resistance and Support

₹4,032.00

PIVOT

resistance-arrow
Resistance
First Resistance₹4,081.650
Second Resistance₹4,134.650
Third Resistance₹4,184.300
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Support
First Resistance₹3,979.000
Second Resistance₹3,929.350
Third Resistance₹3,876.350
RSI81.678
MACD271.849
ADX26.571
CCI130.756

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day166,57344,55044.47
Week160,956125,32170.24
1 Month203,757107,01752.62
6 Months166,573166,573100.00

About Sundaram Finance Ltd

Sundaram Finance (SFL) was promoted by Madras Motor Insurance Company, a part of the reputed TVS Group. The Company was incorporated in 1954. It became a public limited company in 1961 and went public in 1972. The main business of the company includes hire purchase and lease financing of commercial vehicles, cars and machinery. It also undertakes short-term activities such as bill discounting and commercial mortgage lending. SFL achieved its leadership position by a unique combination of traditional conservatism and judicious dynamism. Faith, Depositor Confidence, Institutional Trust, Investor Steadfastness & Employee loyalty are the five pillars to support the strong edifice of the company. It set industry standards by computerizing and networking all its offices through a variety of communication media including VSAT installations. These ensure efficient and smooth functioning of all its systems and procedures resulting in better customer service. The company allotted bonus shares in the ratio of 1:1 in Nov. 1995. The subsidiaries of the company are Sundaram Home Finance Ltd, Sundaram Asset Management Company Ltd, Royal Sundaram Alliance Insurance Company Ltd, Sundaram Finance Distribution Ltd, LGF Services Pvt Ltd and Sundaram Finance Trustee Company Ltd. As part of diversification and to provide more financial service to the customers, the company entered in to various collaboration and joint ventures. It formed an asset management company called Sundaram Newton Asset Management Company Pvt. Ltd. in collaboration with Newton Management, UK. In housing loan sector it promoted Sundaram Home Finance Limited with equity participation from International Finance Corporation (IFC), Washington, and FMO (Netherlands Development Finance Company). During 1999-2000, India Equipment Leasing (IEL), Aparajita Finance Company (APC), Balika Finance Company (BFC) & Paramjyothi Finance Company (PFC) were amalgamated with the company. The company paid a total consideration of Rs 20.10 crore for the acquisition of shares of the amalgamating companies. During 2000-2001, Sundaram Finance Services (SFSL) was amalgamated with the company. Subsequently Sundaram Finance Securities (SFSec.) became a wholly-owned subsidiary of your company. Further during the year it promoted Fiat Sundaram Auto Finance Limited, a joint venture with Fidis S.p.A., Italy for financing Fiat cars. Also with the opening up of the insurance sector the company along with Royal & Sun Alliance Insurance plc formed a joint venture company named Royal Sundaram Alliance Insurance Company (RSAIC) for non-life insurance business. It commenced its operation in March 2001 and offers full range of insurance products including fire, motor, personal accident, home, health, travel and rural insurance. The Company has merged Lakshmi General Finance Ltd (LGF) with itself with effect from 1st April 2004. According to the scheme of merger the company has issued 3775965 equity shares of Rs.10/- each to the shareholders of LGF in the ratio of 1:1.52. Consequent to this merger the company's paid up capital increased to Rs.27.78 crores. During the year 2015, the Company credited an amount of Rs.256.56 crores to the Capital Reserve which pertains to the sale of 17,37,012 equity shares of the Company, held by SFL Shares Trust. The Company received the proceeds, being the sole beneficiary of the Trust. These shares accrued to the Trust on account of the merger of Lakshmi General Finance Limited with the Company, in the year 2005. During the year 2015, Sundaram Parekh Warehousing Services Limited, a wholly owned subsidiary of Infreight Logistics Solutions Limited which is a wholly owned subsidiary of SFDL, merged with Infreight, under a Scheme of Amalgamation under Section 391 to 394 of the Companies Act, 2013, effective 1st April 2014. During the year 2016, the Company sold its entire holdings of 49.90% in BNP Paribas Sundaram Global Securities Operations Pvt., Ltd., a joint venture company to the JV partner Paribas Securities Services, Paris, for a total consideration of Rs 44.30 crore. During the year 2016, the Company acquired 8,19,00,000 equity shares of Royal Sundaram Alliance Insurance Company Limited (Royal Sundaram) from Royal & Sun Alliance Insurance PLC for a total consideration of Rs 450 crore, raising the Company's shareholding in Royal Sundaram from 49.90% to 75.90%. Consequently, Royal Sundaram became a subsidiary of the Company and the company's name was changed to Royal Sundaram General Insurance Co. Limited. During the FY 2016, the company's paid-up capital was reduced from Rs 94.50 crores to Rs 24 crores in accordance with the Scheme of Capital Reduction approved by the Hon'ble High Court of Judicature at Madras. Sundaram Infotech Solutions Limited (SISL) was amalgamated with the Company with effect from the Appointed Date', i.e., 1st April 2016, pursuant to the Order of the Hon'ble National Company Law Tribunal (NCLT), Division Bench, Chennai, dated 26th September 2017 under Sections 230 to 232 of the Companies Act, 2013. Pursuant to the sanctioning of the Composite Scheme of Arrangement and Amalgamation (Scheme) by the Hon'ble National Company Law Tribunal (NCLT), Division Bench, Chennai, vide Order dated 12th January 2018, received by the Company on 18th January 2018, the following matters, as envisaged in the Scheme with effect from the Appointed Date', i.e., 1st April 2016, have become operative: a. Amalgamation of Sundaram Insurance Broking Services Limited (SIBSL) and Infreight Logistics Solutions Limited, wholly owned subsidiaries, with the Company; b. De-merger of the shared services business of Sundaram BPO India Limited (Sundaram BPO), subsidiary, into the Company; and c. De-merger of the non-core business of the Company, viz. training services, identified shared services including shared services vested from Sundaram BPO, apart from the non-financial services investments, together with related assets, into Sundaram Finance Holdings Limited (SFHL). As provided in the Scheme, on 12th February 2018, all the shareholders of the Company were allotted 1 equity share of Rs 5/- each credited as fully paid-up in the capital of SFHL for every 1 fully paid-up equity share of Rs 10/- held by them in the Company as on the record date, i.e., 2nd February 2018. Pursuant to the said allotment, the shareholding of the Company in SFHL got reduced from 100% to 26.47% and SFHL became an associate of the Company. The equity shares of SFHL were listed on the National Stock Exchange of India Limited with effect from 26th March 2018.

Managing Director

A N Raju

Founded

1954

NSE Symbol

SUNDARMFIN

Sundaram Finance Ltd Management

NameDesignation
S VijiChairman (Non-Executive)
S PrasadIndependent Director
Harsha VijiExecutive Vice Chairman
P N VenkatachalamIndependent Director
Shobhana RamachandhranIndependent Director
S MahalingamIndependent Director
A N RajuDeputy Managing Director
Rajiv C LochanManaging Director
R Raghuttama RaoIndependent Director
L GaneshIndependent Director
Srivats RamNon Executive Director
P N SrikantCompany Sec. & Compli. Officer
T T SrinivasaraghavanDirector
Bhavani Balasubramanian .Independent Director
R VenkatramanIndependent Director

Sundaram Finance Ltd News

Sundaram Finance announces board meeting date
On 29 March 2024
Board of Sundaram Finance recommends interim dividend
Of Rs 14 per share
Sundaram Finance consolidated net profit rises 28.43% in the December 2023 quarter
Sales rise 29.21% to Rs 1821.36 crore
Sundaram Finance to announce Quarterly Result
On 5 February 2024
Sundaram Finance consolidated net profit rises 19.37% in the September 2023 quarter
Sales rise 27.78% to Rs 1708.13 crore
Sundaram Finance standalone net profit rises 20.71% in the September 2023 quarter
Sales rise 31.18% to Rs 1375.13 crore
Sundaram Finance schedules board meeting
On 6 November 2023
Sundaram Finance hits record high as Q1 PAT climbs 25% YoY
Sundaram Finance rallied 3.43% to Rs 2,752 after the NBFC's net profit jumped 24.61% to Rs 281.28 crore on 26.79% increase in total income to Rs 1,194.18 crore in Q1 FY24 over Q1 FY23.
Sundaram Finance appoints Chief Compliance Officer
Sundaram Finance consolidated net profit rises 52.75% in the June 2023 quarter
Sales rise 26.95% to Rs 1581.79 crore

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Sundaram Finance Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Sundaram Finance Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Sundaram Finance Ltd's share price is ₹4,632.90 as of April 16, 2024

Sundaram Finance Ltd's P/E ratio is 31.04 times as of April 16, 2024.

Sundaram Finance Ltd's most recent financial reports indicate a price-to-book ratio of 4.70, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Sundaram Finance Ltd's market is 49,708 Cr as on April 16, 2024.

The current financial records of Sundaram Finance Ltd show a 14.25% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Sundaram Finance Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Sundaram Finance Ltd's 52-week high and low as of April 16, 2024 are ₹4691.55 and ₹4539.9 respectively.

As of the Dec 2023 quarter, the promoter shareholding in Sundaram Finance Ltd stands at 37.88%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 8.35% to 8.31%.