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 ₹ 7,850 Cr.
- Current Price ₹ 353
- High / Low ₹ 702 / 288
- Stock P/E 31.6
- Book Value ₹ 344
- Dividend Yield 1.90 %
- ROCE 4.23 %
- ROE 3.72 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.03 times its book value
- Company is expected to give good quarter
- 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 | 302 | |
| 12 | 10 | 7 | 4 | 15 | 25 | 28 | 21 | 29 | 23 | 21 | 10 | 11 | |
| Operating Profit | 1 | 3 | 1 | 1 | 60 | 94 | 64 | 16 | 49 | 106 | 367 | 266 | 290 |
| OPM % | 8% | 25% | 15% | 16% | 80% | 79% | 69% | 44% | 63% | 82% | 95% | 97% | 96% |
| 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 | 293 |
| 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 | 248 | |
| 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 | 11.17 |
| 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: | -26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 71% |
| TTM: | -30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 63% |
| 1 Year: | 12% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 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 | ||
| Free Cash Flow | -1 | 2 | 147 | 53 | 54 | 10 | 24 | 73 | 125 | 165 | ||
| CFO/OP | -96% | 267% | 258% | 69% | 94% | 80% | 66% | 98% | 42% | 73% |
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% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Dividend Income (Standalone) ₹ Crore |
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Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
3 April 2026 - Regulation 74(5) certificate confirms dematerialisation requests processed for quarter ended 31 March 2026.
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Trading Window
24 March 2026 - Trading window closed from 1 Apr 2026 until 48 hours after audited FY2025-26 results declaration.
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Cessation
16 February 2026 - Ms Shobhana Ramachandhran ceased as Independent Director effective 16 Feb 2026 after completing second four-year term.
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Copy of Newspaper Publication
4 February 2026 - TSF INVESTMENTS LIMITED has informed about Copy of Newspaper Publication
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Record Date
3 February 2026 - Declared interim dividend ₹6.70/share (134%); record date Feb 10, 2026; payable by Mar 4, 2026.
Investment Portfolio[1]
SFHL functions as an exempted Core Investment Company (CIC), holding investments in 12 group companies. Total net-worth of portfolio companies stands at ~Rs 13,875 Cr as on FY25.