Sundaram Finance Ltd

About [ edit ]

Sundaram Finance is primarily engaged in the business of financing of Commercial vehicles, Cars, construction equipment and other vehicles in the retail segment.

  • Market Cap 29,709 Cr.
  • Current Price 2,671
  • High / Low 2,884 / 982
  • Stock P/E 27.2
  • Book Value 648
  • Dividend Yield 0.49 %
  • ROCE 9.27 %
  • ROE 12.0 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 17.60%

Cons

  • Stock is trading at 4.12 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 1.89% over past five years.
  • Company has a low return on equity of 13.40% for last 3 years.

Peer comparison

Sector: Finance Industry: Finance & Investments

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Revenue 1,838 2,138 2,220 991 993 1,050 1,330 1,320 1,272 1,299 1,392
Interest 395 427 472 476 500 528 714 688 695 682 664
1,184 1,432 1,436 241 273 272 304 371 298 278 294
Financing Profit 260 279 311 274 219 250 312 261 278 339 434
Financing Margin % 14% 13% 14% 28% 22% 24% 23% 20% 22% 26% 31%
Other Income 3 5 5 471 24 4 26 11 5 7 4
Depreciation 16 17 18 15 18 20 27 25 22 23 23
Profit before tax 246 267 298 731 225 234 310 247 261 323 414
Tax % 34% 36% 32% 22% 36% 21% 24% 3% 25% 26% 24%
Net Profit 182 187 213 600 170 187 239 196 269 283 342
EPS in Rs 16.34 16.82 19.22 54.03 15.31 16.84 21.49 17.61 24.24 25.48 30.81
Gross NPA %
Net NPA %
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
Revenue 1,743 2,040 2,430 3,024 3,703 4,107 4,285 5,027 5,588 6,331 3,696 4,707 5,283
Interest 789 797 900 1,183 1,516 1,724 1,782 1,814 1,735 1,344 1,770 2,427 2,729
647 799 903 1,140 1,288 1,397 1,506 2,221 2,735 3,906 932 1,206 1,242
Financing Profit 307 444 626 701 900 985 997 992 1,118 1,080 994 1,073 1,312
Financing Margin % 18% 22% 26% 23% 24% 24% 23% 20% 20% 17% 27% 23% 25%
Other Income 9 5 -0 14 8 3 -25 7 8 13 482 32 27
Depreciation 47 55 71 84 101 112 112 106 104 79 58 90 93
Profit before tax 269 394 555 631 807 876 860 893 1,022 1,014 1,418 1,016 1,246
Tax % 34% 32% 33% 32% 31% 34% 33% 34% 34% 34% 27% 21%
Net Profit 168 275 389 458 564 581 576 583 683 730 1,161 792 1,090
EPS in Rs 15.10 24.74 34.97 41.18 50.76 52.30 51.83 52.49 61.52 65.70 104.49 71.25 98.14
Dividend Payout % 22% 20% 20% 19% 18% 19% 20% 21% 19% 18% 17% 18%
Compounded Sales Growth
10 Years:9%
5 Years:2%
3 Years:-6%
TTM:21%
Compounded Profit Growth
10 Years:11%
5 Years:6%
3 Years:5%
TTM:26%
Stock Price CAGR
10 Years:28%
5 Years:20%
3 Years:17%
1 Year:78%
Return on Equity
10 Years:16%
5 Years:14%
3 Years:13%
Last Year:12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
56 56 56 56 111 111 111 111 111 110 110 110 110
Reserves 1,212 1,452 1,751 2,109 2,503 2,969 3,639 4,084 4,698 5,539 6,149 6,567 7,092
Borrowings 7,985 10,454 11,576 13,349 16,795 17,828 18,795 18,758 20,216 21,069 25,023 35,939 37,494
1,164 1,417 2,536 2,696 2,637 3,005 3,241 5,095 5,724 7,268 2,388 2,105 2,073
Total Liabilities 10,417 13,378 15,919 18,210 22,046 23,914 25,785 28,048 30,749 33,986 33,671 44,721 46,769
220 290 457 511 541 559 515 817 862 821 451 903 879
CWIP 1 21 0 0 0 3 2 4 3 3 0 0 0
Investments 975 999 1,446 1,347 1,963 2,450 2,731 4,026 4,815 8,693 4,539 5,096 6,512
9,222 12,069 14,015 16,352 19,542 20,903 22,537 23,201 25,070 24,469 28,680 38,722 39,377
Total Assets 10,417 13,378 15,919 18,210 22,046 23,914 25,785 28,048 30,749 33,986 33,671 44,721 46,769

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
-229 -2,528 -1,578 -2,374 -2,210 -564 -1,430 310 -965 -5,547 -4,200 9
-184 90 -462 142 -483 -228 446 -83 -554 -1,182 1,000 -1,983
462 2,405 1,757 1,570 2,713 1,004 757 -261 1,394 6,756 3,212 1,862
Net Cash Flow 49 -34 -283 -662 19 213 -227 -33 -124 27 12 -111

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROE % 14% 20% 24% 23% 24% 21% 17% 15% 15% 14% 14% 12%

Shareholding Pattern

Numbers in percentages

Mar 2016 Jun 2016 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2020
36.16 36.14 36.45 36.45 36.47 36.69 35.93
1.66 4.95 6.50 6.64 7.21 7.95 11.42
13.96 10.87 11.44 11.34 11.58 11.08 10.87
47.32 47.13 44.75 44.71 43.88 44.28 40.96
0.91 0.91 0.86 0.86 0.86 0.00 0.83

Documents

Add document