Sundaram Finance Holdings Ltd
Sundaram Finance Holdings Ltd is primarily engaged in the business of Investments, business processing, and support services. It has a 100% subsidiary which is an outsourcing company offering various support services to large and mid-sized firms in and outside India. [1]
- Market Cap ₹ 5,458 Cr.
- Current Price ₹ 246
- High / Low ₹ 282 / 83.2
- Stock P/E 31.1
- Book Value ₹ 232
- Dividend Yield 1.22 %
- ROCE 3.69 %
- ROE 3.26 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.06 times its book value
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 92.0%
- Company's working capital requirements have reduced from 18.5 days to 10.8 days
Cons
- The company has delivered a poor sales growth of 11.5% over past five years.
- Tax rate seems low
- Company has a low return on equity of 2.60% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
76 | 9 | 13 | 13 | 8 | 5 | 75 | 119 | 93 | 38 | 78 | 128 | 216 | |
4 | 5 | 12 | 10 | 7 | 4 | 15 | 25 | 28 | 21 | 29 | 23 | 21 | |
Operating Profit | 72 | 4 | 1 | 3 | 1 | 1 | 60 | 94 | 64 | 16 | 49 | 106 | 195 |
OPM % | 95% | 41% | 8% | 25% | 15% | 16% | 80% | 79% | 69% | 44% | 63% | 82% | 90% |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 |
Profit before tax | 72 | 4 | 1 | 3 | 1 | 1 | 60 | 95 | 65 | 18 | 50 | 107 | 196 |
Tax % | 24% | 33% | 31% | 32% | 19% | 40% | 9% | 11% | 6% | 18% | 7% | 12% | |
54 | 2 | 1 | 2 | 1 | 0 | 54 | 85 | 61 | 15 | 47 | 95 | 176 | |
EPS in Rs | 776.14 | 33.71 | 10.43 | 31.00 | 14.29 | 0.16 | 2.45 | 3.83 | 2.77 | 0.66 | 2.11 | 4.27 | 7.91 |
Dividend Payout % | 72% | 53% | 68% | 69% | 100% | 70% | 42% | 31% | 31% | 52% | 130% | 94% |
Compounded Sales Growth | |
---|---|
10 Years: | 26% |
5 Years: | 11% |
3 Years: | 12% |
TTM: | 73% |
Compounded Profit Growth | |
---|---|
10 Years: | 63% |
5 Years: | 12% |
3 Years: | 16% |
TTM: | 89% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 51% |
1 Year: | 191% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 3% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 0 | 0 | 20 | 76 | 76 | 76 | 76 | 111 | 111 | 111 |
Reserves | 12 | 13 | 13 | 14 | 14 | 15 | 2,204 | 1,694 | 1,165 | 1,350 | 1,995 | 3,596 | 5,032 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 0 | 0 | |
0 | 2 | 2 | 2 | 2 | 0 | 128 | 85 | 59 | 102 | 87 | 427 | 824 | |
Total Liabilities | 13 | 16 | 16 | 17 | 16 | 35 | 2,408 | 1,855 | 1,302 | 1,529 | 2,195 | 4,134 | 5,968 |
0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 6 | 5 | 4 | 21 | 21 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 8 | 3 | 6 | 8 | 10 | 32 | 2,398 | 1,847 | 1,289 | 1,518 | 2,179 | 4,106 | 5,941 |
5 | 12 | 10 | 9 | 6 | 3 | 7 | 5 | 7 | 5 | 11 | 7 | 6 | |
Total Assets | 13 | 16 | 16 | 17 | 16 | 35 | 2,408 | 1,855 | 1,302 | 1,529 | 2,195 | 4,134 | 5,968 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 2 | 148 | 54 | 55 | 10 | 24 | 91 | |||||
3 | -21 | -145 | -28 | -8 | -3 | -343 | -19 | |||||
-2 | 18 | -1 | -28 | -46 | -8 | 319 | -72 | |||||
Net Cash Flow | -0 | -0 | 2 | -2 | 1 | -1 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 4 | 49 | 113 | 110 | 69 | 17 | 17 | 11 | 11 | 18 | 7 | 5 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 4 | 49 | 113 | 110 | 69 | 17 | 17 | 11 | 11 | 18 | 7 | 5 |
Working Capital Days | 18 | 370 | 150 | 75 | 8 | 13 | 7 | 5 | 6 | 14 | 31 | 11 |
ROCE % | 26% | 8% | 23% | 3% | 5% | 5% | 4% | 1% | 3% | 4% |
Revenue Source
The Company generates a significant portion of its income from dividend flows from the portfolio companies that are engaged in the automotive sector. [1]