Tsf Investments 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 ₹ 9,473 Cr.
- Current Price ₹ 426
- High / Low ₹ 702 / 240
- Stock P/E 44.0
- Book Value ₹ 344
- Dividend Yield 1.41 %
- ROCE 4.23 %
- ROE 3.72 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 30.9% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 67.3%
Cons
- Company has a low return on equity of 4.62% 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
Financial Services Financial Services Finance Investment Company
Part of Nifty Microcap 250 Nifty Total Market
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13 | 13 | 8 | 5 | 75 | 119 | 93 | 38 | 78 | 128 | 388 | 276 | 265 | |
| 12 | 10 | 7 | 4 | 15 | 25 | 28 | 21 | 29 | 23 | 21 | 10 | 12 | |
| Operating Profit | 1 | 3 | 1 | 1 | 60 | 94 | 64 | 16 | 49 | 106 | 367 | 266 | 253 |
| OPM % | 8% | 25% | 15% | 16% | 80% | 79% | 69% | 44% | 63% | 82% | 95% | 97% | 95% |
| 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Profit before tax | 1 | 3 | 1 | 1 | 60 | 95 | 65 | 18 | 50 | 107 | 369 | 269 | 255 |
| Tax % | 31% | 32% | 19% | 40% | 9% | 11% | 6% | 18% | 7% | 12% | 13% | 12% | |
| 1 | 2 | 1 | 0 | 54 | 85 | 61 | 15 | 47 | 95 | 322 | 236 | 215 | |
| EPS in Rs | 10.43 | 31.00 | 14.29 | 0.16 | 2.45 | 3.83 | 2.77 | 0.66 | 2.11 | 4.27 | 14.48 | 10.63 | 9.69 |
| Dividend Payout % | 68% | 69% | 100% | 70% | 42% | 31% | 31% | 52% | 130% | 94% | 53% | 55% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 52% |
| TTM: | -38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 71% |
| TTM: | -42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 66% |
| 1 Year: | 53% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 5% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 0.50 | 20 | 76 | 76 | 76 | 76 | 111 | 111 | 111 | 111 | 111 |
| Reserves | 13 | 14 | 14 | 15 | 2,204 | 1,694 | 1,165 | 1,350 | 1,995 | 3,596 | 5,910 | 6,565 | 7,533 |
| 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 0 | 0 | 0 | 0 | |
| 2 | 2 | 2 | 0 | 128 | 85 | 59 | 102 | 87 | 427 | 929 | 698 | 829 | |
| Total Liabilities | 16 | 17 | 16 | 35 | 2,408 | 1,855 | 1,302 | 1,529 | 2,195 | 4,134 | 6,950 | 7,374 | 8,473 |
| 0 | 0 | 0 | 0 | 3 | 3 | 6 | 5 | 4 | 21 | 21 | 21 | 21 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6 | 8 | 10 | 32 | 2,398 | 1,847 | 1,289 | 1,518 | 2,179 | 4,106 | 6,763 | 7,338 | 8,448 |
| 10 | 9 | 6 | 3 | 7 | 5 | 7 | 5 | 11 | 7 | 166 | 15 | 3 | |
| Total Assets | 16 | 17 | 16 | 35 | 2,408 | 1,855 | 1,302 | 1,529 | 2,195 | 4,134 | 6,950 | 7,374 | 8,473 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | 2 | 148 | 54 | 55 | 10 | 24 | 91 | 125 | 165 | |||
| 3 | -21 | -145 | -28 | -8 | -3 | -343 | -19 | 138 | -119 | |||
| -2 | 18 | -1 | -28 | -46 | -8 | 319 | -72 | -100 | -209 | |||
| Net Cash Flow | -0 | -0 | 2 | -2 | 1 | -1 | 0 | 0 | 162 | -163 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 113 | 110 | 69 | 17 | 17 | 11 | 11 | 18 | 7 | 5 | 1 | 0 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 113 | 110 | 69 | 17 | 17 | 11 | 11 | 18 | 7 | 5 | 1 | 0 |
| Working Capital Days | 150 | 75 | 8 | 13 | 7 | 5 | 6 | 14 | 31 | 11 | -1 | 13 |
| ROCE % | 8% | 23% | 3% | 5% | 5% | 4% | 1% | 3% | 4% | 8% | 4% |
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
5 January 2026 - SEBI Reg.74(5) certificate confirming dematerialisation processing for quarter ended 31-Dec-2025.
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Trading Window
27 December 2025 - Trading window closed from 01-Jan-2026 until 48 hours after unaudited results for quarter/nine months ended 31 Dec 2025.
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Copy of Newspaper Publication
26 December 2025 - TSF INVESTMENTS LIMITED has informed about Copy of Newspaper Publication
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Shareholders meeting
24 December 2025 - Postal ballot to appoint Ms Meenakshi Ramani (DIN 11008437) as independent director, term 01/01/2026–31/12/2030; e-vote 29/12/2025–27/01/2026.
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Appointment
23 December 2025 - Appointed Ms. Meenakshi Ramani as Independent Director for five years from 01-Jan-2026; shareholder postal ballot pending.
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]