Sundaram Finance Holdings Ltd

Sundaram Finance Holdings Ltd

₹ 246 -0.22%
25 Apr - close price
About

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]

Key Points

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]

  • 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
5 14 10 27 4 36 46 34 8 40 111 32 33
5 5 4 16 4 5 4 10 4 4 7 5 5
Operating Profit 0 10 6 12 0 31 41 24 4 36 104 27 28
OPM % 6% 68% 60% 42% 6% 86% 90% 71% 46% 90% 94% 85% 84%
1 0 0 0 0 0 0 0 1 1 1 1 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 1 10 6 12 1 32 42 25 4 37 104 27 28
Tax % 19% 25% 19% 7% 267% 0% 13% 10% 35% 9% 11% 14% 7%
0 7 5 11 -1 32 36 22 3 33 93 23 26
EPS in Rs 0.02 0.34 0.23 0.50 -0.04 1.42 1.64 1.00 0.13 1.50 4.17 1.05 1.19
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.59% 55.59% 55.59% 55.59% 55.59% 55.59% 55.59% 55.59% 55.59% 55.59% 55.29% 54.97%
0.00% 0.00% 0.00% 0.00% 0.00% 0.18% 0.22% 0.19% 0.19% 0.22% 0.29% 0.23%
6.51% 6.44% 6.28% 6.17% 5.89% 5.57% 5.57% 5.57% 5.58% 5.46% 5.46% 5.45%
37.26% 37.33% 37.49% 37.61% 37.89% 38.03% 37.99% 38.01% 38.01% 38.09% 38.32% 38.72%
No. of Shareholders 30,83931,43231,20131,09131,22731,25331,33330,88530,40732,10433,55933,201

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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