Sundram Fasteners Ltd

About [ edit ]

Sundram Fasteners is primarily engaged in business of manufacture and sale of bolts and nuts, water and oil pumps, sintered products, cold extruded components, hot & warm forged parts, radiator caps and other parts which has applications mainly in automobile industry.

  • Market Cap 15,214 Cr.
  • Current Price 724
  • High / Low 840 / 276
  • Stock P/E 42.4
  • Book Value 112
  • Dividend Yield 0.65 %
  • ROCE 17.4 %
  • ROE 16.5 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 25.92%

Cons

  • The company has delivered a poor sales growth of 2.29% over past five years.
  • Company might be capitalizing the interest cost
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 Mar 2021
1,098 1,161 1,157 1,142 1,181 889 822 831 373 889 1,109 1,273
904 953 949 951 988 738 696 708 358 711 878 1,036
Operating Profit 195 207 208 191 192 151 127 123 15 179 230 237
OPM % 18% 18% 18% 17% 16% 17% 15% 15% 4% 20% 21% 19%
Other Income 12 10 2 2 5 6 12 5 9 8 10 4
Interest 14 13 10 9 14 17 13 14 11 3 5 7
Depreciation 29 30 33 36 44 41 42 44 44 45 45 45
Profit before tax 163 174 167 148 139 99 85 70 -32 139 190 189
Tax % 31% 32% 30% 24% 30% 28% -24% 24% 20% 25% 24% 25%
Net Profit 112 117 116 113 96 71 104 55 -27 102 143 141
EPS in Rs 5.31 5.56 5.53 5.37 4.55 3.36 4.96 2.60 -1.27 4.87 6.79 6.70

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
1,695 2,284 2,770 2,651 2,736 3,156 3,255 3,303 3,855 4,558 3,723 3,644
1,555 2,030 2,466 2,385 2,447 2,780 3,012 2,713 3,174 3,756 3,130 2,980
Operating Profit 140 254 304 266 289 376 243 590 681 802 593 664
OPM % 8% 11% 11% 10% 11% 12% 7% 18% 18% 18% 16% 18%
Other Income 25 16 31 56 49 17 85 12 23 26 28 27
Interest 19 42 98 90 68 94 73 39 37 46 58 26
Depreciation 66 72 84 94 102 116 116 104 112 129 170 180
Profit before tax 79 156 153 138 169 182 139 459 554 652 393 486
Tax % 40% 27% 34% 32% 28% 28% 10% 26% 30% 30% 17% 25%
Net Profit 48 113 100 93 121 131 126 338 387 457 325 359
EPS in Rs 2.27 5.36 4.74 4.42 5.75 6.25 6.00 16.06 18.40 21.77 15.46 17.09
Dividend Payout % 40% 23% 30% 32% 30% 28% 36% 28% 25% 23% 27% 27%
Compounded Sales Growth
10 Years:5%
5 Years:2%
3 Years:-2%
TTM:-2%
Compounded Profit Growth
10 Years:12%
5 Years:23%
3 Years:-2%
TTM:11%
Stock Price CAGR
10 Years:28%
5 Years:35%
3 Years:8%
1 Year:132%
Return on Equity
10 Years:20%
5 Years:23%
3 Years:20%
Last Year:17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
21 21 21 21 21 21 21 21 21 21 21 21
Reserves 458 531 621 685 780 858 933 1,215 1,510 1,849 1,975 2,326
Borrowings 621 783 893 858 733 874 602 701 700 995 917 624
359 421 504 506 629 588 646 591 756 838 636 959
Total Liabilities 1,459 1,756 2,039 2,069 2,164 2,341 2,202 2,527 2,987 3,703 3,549 3,930
722 750 849 908 1,007 1,019 917 1,031 1,156 1,621 1,910 1,921
CWIP 20 37 52 34 40 22 54 69 111 96 95 119
Investments 2 2 10 9 10 7 38 32 70 68 38 64
715 968 1,127 1,119 1,106 1,294 1,193 1,395 1,650 1,918 1,506 1,825
Total Assets 1,459 1,756 2,039 2,069 2,164 2,341 2,202 2,527 2,987 3,703 3,549 3,930

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
190 28 206 274 427 106 595 244 456 457 718 454
-67 -120 -182 -106 -180 -127 -179 -237 -296 -595 -320 -198
-134 96 -20 -163 -244 20 -415 6 -167 127 -377 -270
Net Cash Flow -10 4 4 6 4 -1 1 12 -6 -11 21 -14

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
ROCE % 9% 16% 18% 14% 15% 17% 20% 29% 28% 27% 16% 17%
Debtor Days 64 64 64 68 65 57 61 72 75 71 64 89
Inventory Turnover 2.55 3.19 3.40 3.08 3.04 3.00 3.13 3.19 3.40 3.48 2.78 2.29

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
49.53 49.53 49.53 49.53 49.53 49.53 49.53 49.53 49.53 49.53 49.53 49.53
8.16 8.28 7.60 7.63 7.84 7.65 7.69 8.87 8.94 8.87 9.78 10.88
15.36 15.40 15.54 15.84 15.98 17.56 18.21 18.09 18.10 18.56 18.27 17.63
26.94 26.78 27.32 26.99 26.64 25.26 24.57 23.51 23.43 23.04 22.42 21.95

Documents