Sundram Fasteners Ltd

Sundram Fasten. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sundram Fasteners Ltd

₹ 1,422 0.58%
20 Sep - close price
sundram.com BSE: 500403 NSE: SUNDRMFAST
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]

Website BSE NSE
  • Market Cap ₹ 29,880 Cr.
  • Current Price ₹ 1,422
  • High / Low ₹ 1,506 / 1,002
  • Stock P/E 55.8
  • Book Value ₹ 163
  • Dividend Yield 0.48 %
  • ROCE 18.5 %
  • ROE 16.2 %
  • Face Value ₹ 1.00
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Pros

  • Company has been maintaining a healthy dividend payout of 31.3%

Cons

  • Stock is trading at 8.74 times its book value

* 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: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
1,112 1,242 1,208 1,340 1,410 1,402 1,403 1,448 1,411 1,422 1,367 1,466 1,498
912 1,024 1,017 1,148 1,185 1,197 1,207 1,221 1,184 1,191 1,166 1,238 1,251
Operating Profit 200 218 191 192 226 205 196 227 226 231 201 228 247
OPM % 18% 18% 16% 14% 16% 15% 14% 16% 16% 16% 15% 16% 16%
17 2 10 10 12 10 20 4 5 7 31 11 5
Interest 8 6 7 8 9 8 10 13 10 7 7 8 7
Depreciation 47 47 47 50 49 49 50 50 52 54 54 53 54
Profit before tax 163 167 147 144 180 157 156 168 169 176 172 178 192
Tax % 26% 26% 25% 25% 23% 26% 25% 24% 24% 24% 25% 25% 26%
120 124 110 107 138 117 118 127 129 133 129 134 143
EPS in Rs 5.69 5.83 5.14 5.07 6.47 5.49 5.57 6.01 6.07 6.28 6.12 6.36 6.75
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
2,651 2,736 3,156 3,255 3,303 3,855 4,558 3,723 3,644 4,902 5,663 5,666 5,753
2,401 2,447 2,781 3,012 2,712 3,173 3,756 3,130 2,980 4,101 4,809 4,777 4,846
Operating Profit 250 289 375 243 590 681 802 594 664 801 853 889 907
OPM % 9% 11% 12% 7% 18% 18% 18% 16% 18% 16% 15% 16% 16%
71 49 17 85 12 22 26 27 27 39 45 52 55
Interest 90 68 94 73 39 37 46 58 26 29 40 32 29
Depreciation 94 102 116 116 104 112 129 170 180 191 198 213 215
Profit before tax 138 169 182 139 459 554 652 393 486 621 661 696 718
Tax % 32% 28% 28% 10% 26% 30% 30% 17% 25% 26% 24% 24%
93 121 132 125 338 388 459 327 363 462 500 526 540
EPS in Rs 4.42 5.75 6.25 6.00 16.06 18.40 21.77 15.46 17.09 21.74 23.54 24.83 25.51
Dividend Payout % 32% 30% 28% 36% 28% 25% 23% 27% 27% 30% 37% 28%
Compounded Sales Growth
10 Years: 8%
5 Years: 4%
3 Years: 16%
TTM: 2%
Compounded Profit Growth
10 Years: 16%
5 Years: 3%
3 Years: 14%
TTM: 10%
Stock Price CAGR
10 Years: 25%
5 Years: 25%
3 Years: 16%
1 Year: 16%
Return on Equity
10 Years: 20%
5 Years: 17%
3 Years: 17%
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 21 21 21 21 21 21 21 21 21 21 21 21
Reserves 685 780 858 933 1,215 1,510 1,849 1,975 2,326 2,600 2,995 3,400
858 733 874 602 701 700 995 917 710 772 730 647
506 629 588 646 591 756 838 636 872 891 878 921
Total Liabilities 2,069 2,164 2,341 2,202 2,527 2,987 3,703 3,549 3,929 4,284 4,624 4,988
908 1,007 1,019 917 1,031 1,156 1,621 1,910 1,921 1,948 2,029 2,099
CWIP 34 40 22 54 69 111 96 95 119 117 65 164
Investments 9 10 7 38 32 70 68 38 64 77 102 137
1,119 1,106 1,294 1,193 1,395 1,650 1,918 1,506 1,825 2,142 2,428 2,587
Total Assets 2,069 2,164 2,341 2,202 2,527 2,987 3,703 3,549 3,929 4,284 4,624 4,988

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
274 427 106 595 244 456 457 718 454 401 469 589
-106 -180 -127 -179 -237 -296 -595 -320 -200 -203 -234 -389
-163 -244 20 -415 6 -167 127 -377 -270 -186 -214 -235
Net Cash Flow 6 4 -1 1 12 -6 -11 21 -16 12 21 -35

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 68 65 57 61 72 75 71 64 89 75 74 80
Inventory Days 132 135 149 117 132 128 127 136 172 145 135 147
Days Payable 75 104 84 93 103 110 96 92 151 101 79 83
Cash Conversion Cycle 125 96 122 85 101 93 103 108 110 119 130 144
Working Capital Days 78 60 68 53 66 67 80 75 91 88 94 104
ROCE % 14% 15% 17% 20% 29% 28% 27% 16% 17% 20% 19% 19%

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
49.53% 49.53% 49.69% 49.69% 48.51% 48.51% 48.51% 48.51% 48.51% 48.51% 48.51% 48.51%
11.33% 11.73% 11.70% 11.74% 11.75% 11.67% 11.65% 11.95% 12.83% 12.51% 12.59% 13.15%
17.61% 17.48% 17.68% 17.71% 18.72% 18.76% 18.81% 18.64% 17.89% 18.47% 18.63% 18.68%
21.53% 21.25% 20.93% 20.86% 21.03% 21.04% 21.03% 20.91% 20.76% 20.51% 20.26% 19.65%
No. of Shareholders 70,59265,77965,84766,18066,80266,61169,59270,04272,80873,81571,61070,549

* 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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