Sundram Fasteners Ltd

Sundram Fasteners Ltd

₹ 1,012 1.50%
11 Jun 3:05 p.m.
About

Sundaram fasteners ltd, a part of the TVS Group of Companies, is engaged in manufacturing critical, high precision components such as fasteners, power train components etc for the automotive, infrastructure, windmill, and aviation sectors. [1]

Key Points

Product Portfolio
High Tensile Fasteners: Wind Energy Fasteners, Automotive Fasteners, Engine Fasteners, Aerospace and Aviation Fasteners, etc.
Cold extruded parts: Gear blanks, Transmission shafts, Cams, etc
Hot Forged Parts: Bevel Gear & Pinion Family, Hub, Gen 3 Bearing hub rings, etc.
Powertrain components: Turbine and output Shafts, Clutch hub, Sun Gear Shafts, etc.
Pump & Assemblies: Water pumps, Oil pumps, Mechanical Fuel feed pumps.
Radiator Caps: Metal Caps, Nylon Caps.
Powder metallurgy: Rotors and gears, synchronizer hubs, bushes, structural parts, etc.
Iron Powder: Powders for Press & Sinter Applications, Plain Iron Powders, Diffusion Bonded Powders, etc. [1]

  • Market Cap 21,274 Cr.
  • Current Price 1,012
  • High / Low 1,506 / 831
  • Stock P/E 41.9
  • Book Value 173
  • Dividend Yield 0.72 %
  • ROCE 17.4 %
  • ROE 14.7 %
  • Face Value 1.00

Pros

Cons

  • The company has delivered a poor sales growth of 10.8% over past five 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,146 1,240 1,218 1,227 1,236 1,217 1,232 1,179 1,278 1,310 1,289 1,257 1,354
979 1,031 1,033 1,048 1,041 1,021 1,031 1,002 1,074 1,089 1,075 1,054 1,150
Operating Profit 167 208 186 179 195 196 201 177 204 221 214 203 204
OPM % 15% 17% 15% 15% 16% 16% 16% 15% 16% 17% 17% 16% 15%
-19 7 8 9 6 2 5 24 17 2 11 0 21
Interest 4 5 4 6 9 6 4 3 5 4 5 5 6
Depreciation 39 39 39 40 39 41 43 42 42 42 44 45 45
Profit before tax 105 171 149 142 154 151 158 156 174 177 176 153 175
Tax % 32% 24% 25% 25% 24% 25% 25% 25% 24% 26% 26% 21% 23%
71 130 112 106 117 113 118 116 133 132 131 120 134
EPS in Rs 3.40 6.19 5.32 5.05 5.55 5.37 5.63 5.53 6.31 6.26 6.22 5.73 6.39
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,022 2,386 2,601 2,947 3,420 3,990 3,125 3,065 4,173 4,922 4,906 5,210
1,766 2,052 2,285 2,406 2,799 3,250 2,576 2,483 3,445 4,153 4,126 4,367
Operating Profit 256 334 316 541 621 740 548 582 728 768 780 843
OPM % 13% 14% 12% 18% 18% 19% 18% 19% 17% 16% 16% 16%
38 13 172 10 29 29 9 17 -5 29 45 33
Interest 59 81 60 36 33 39 44 14 13 25 18 20
Depreciation 76 88 206 90 98 110 137 147 153 157 168 176
Profit before tax 160 177 221 425 520 620 376 438 556 615 639 681
Tax % 24% 24% 3% 26% 29% 30% 17% 25% 27% 25% 25% 24%
121 135 214 315 367 436 314 328 407 464 480 517
EPS in Rs 5.75 6.44 10.18 15.01 17.49 20.76 14.95 15.62 19.39 22.07 22.83 24.60
Dividend Payout % 30% 27% 21% 30% 26% 25% 28% 30% 33% 39% 30% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: 11%
3 Years: 8%
TTM: 6%
Compounded Profit Growth
10 Years: 14%
5 Years: 10%
3 Years: 6%
TTM: 6%
Stock Price CAGR
10 Years: 20%
5 Years: 26%
3 Years: 11%
1 Year: -21%
Return on Equity
10 Years: 18%
5 Years: 16%
3 Years: 16%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 21 21 21 21 21 21 21 21 21 21 21 21
Reserves 755 838 1,017 1,292 1,568 1,887 1,996 2,312 2,524 2,886 3,258 3,625
651 751 572 626 562 801 706 466 466 445 383 602
423 429 571 508 629 687 508 691 745 707 736 737
Total Liabilities 1,850 2,038 2,181 2,447 2,780 3,396 3,232 3,490 3,757 4,058 4,398 4,984
782 795 810 917 1,035 1,347 1,571 1,564 1,558 1,655 1,715 1,883
CWIP 21 15 54 50 32 83 87 105 100 46 154 177
Investments 123 117 309 321 359 350 310 337 323 345 376 373
924 1,111 1,008 1,159 1,355 1,616 1,263 1,484 1,776 2,012 2,153 2,551
Total Assets 1,850 2,038 2,181 2,447 2,780 3,396 3,232 3,490 3,757 4,058 4,398 4,984

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
386 99 457 244 413 408 660 414 366 396 529 323
-134 -94 -152 -207 -194 -494 -304 -129 -141 -207 -347 -370
-253 -7 -309 -33 -217 82 -352 -284 -224 -171 -202 48
Net Cash Flow -2 -2 -4 4 2 -3 4 1 1 18 -20 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 73 62 65 70 72 70 63 85 73 70 78 89
Inventory Days 118 136 124 125 119 124 139 164 140 127 135 161
Days Payable 87 83 101 95 95 84 83 133 95 70 74 75
Cash Conversion Cycle 103 115 88 100 97 109 119 116 118 128 139 175
Working Capital Days 71 76 54 64 65 83 84 91 86 91 101 122
ROCE % 16% 18% 20% 26% 27% 27% 16% 16% 21% 20% 19% 17%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
49.69% 48.51% 48.51% 48.51% 48.51% 48.51% 48.51% 48.51% 48.51% 46.94% 46.94% 46.94%
11.74% 11.75% 11.67% 11.65% 11.95% 12.83% 12.51% 12.59% 13.15% 13.26% 13.03% 12.97%
17.71% 18.72% 18.76% 18.81% 18.64% 17.89% 18.47% 18.63% 18.68% 20.34% 20.82% 20.94%
20.86% 21.03% 21.04% 21.03% 20.91% 20.76% 20.51% 20.26% 19.65% 19.45% 19.19% 19.13%
No. of Shareholders 66,18066,80266,61169,59270,04272,80873,81571,61070,54971,96176,09777,151

* 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.

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Documents

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