TVS Holdings Ltd
Sundaram Clayton Ltd was incorporated in Chennai in 1962 and is part of the TVS group, led by Mr. Venu Srinivasan. It is engaged in the business of manufacturing and distributing aluminum die castings. [1] Sundaram Clayton manufactures non-ferrous gravity and pressure die castings.
- Market Cap ₹ 27,010 Cr.
- Current Price ₹ 13,350
- High / Low ₹ 14,530 / 0.00
- Stock P/E 76.7
- Book Value ₹ 798
- Dividend Yield 0.71 %
- ROCE 20.5 %
- ROE 22.8 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 30.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 51.1%
Cons
- Stock is trading at 16.4 times its book value
- The company has delivered a poor sales growth of -13.6% over past five years.
- Tax rate seems low
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,197 | 1,346 | 1,418 | 1,395 | 1,643 | 1,833 | 1,324 | 1,177 | 1,834 | 2,198 | 1,608 | 638 | 556 | |
1,088 | 1,223 | 1,278 | 1,261 | 1,630 | 1,653 | 1,183 | 1,026 | 1,508 | 1,825 | 1,095 | 169 | 81 | |
Operating Profit | 108 | 124 | 139 | 133 | 13 | 180 | 142 | 151 | 326 | 373 | 513 | 470 | 474 |
OPM % | 9% | 9% | 10% | 10% | 1% | 10% | 11% | 13% | 18% | 17% | 32% | 74% | 85% |
41 | 58 | 110 | 76 | 94 | 98 | 76 | 97 | 2,121 | 100 | 34 | 6 | 7 | |
Interest | 36 | 37 | 32 | 29 | 34 | 55 | 55 | 48 | 45 | 46 | 99 | 63 | 69 |
Depreciation | 53 | 60 | 55 | 61 | 73 | 92 | 93 | 78 | 102 | 100 | 38 | 2 | 2 |
Profit before tax | 61 | 84 | 163 | 120 | 1 | 130 | 69 | 123 | 2,300 | 327 | 410 | 410 | 410 |
Tax % | 12% | 16% | 11% | 12% | -6,438% | 8% | 1% | 38% | 1% | 16% | 17% | 14% | |
54 | 71 | 144 | 106 | 55 | 120 | 69 | 76 | 2,277 | 273 | 339 | 352 | 352 | |
EPS in Rs | 26.56 | 35.23 | 71.50 | 52.27 | 27.19 | 59.24 | 34.01 | 37.54 | 1,127.07 | 135.20 | 167.69 | 174.34 | 174.25 |
Dividend Payout % | 73% | 54% | 57% | 60% | 55% | 61% | 91% | 69% | 4% | 44% | 56% | 53% |
Compounded Sales Growth | |
---|---|
10 Years: | -7% |
5 Years: | -14% |
3 Years: | -30% |
TTM: | -52% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 30% |
3 Years: | 25% |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 57% |
3 Years: | 53% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 16% |
3 Years: | 19% |
Last Year: | 23% |
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 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 334 | 364 | 493 | 602 | 654 | 679 | 584 | 706 | 2,890 | 700 | 1,439 | 1,601 |
362 | 378 | 369 | 354 | 666 | 724 | 720 | 674 | 765 | 3,032 | 551 | 945 | |
239 | 225 | 261 | 293 | 464 | 320 | 287 | 418 | 562 | 533 | 414 | 210 | |
Total Liabilities | 945 | 978 | 1,134 | 1,259 | 1,794 | 1,733 | 1,601 | 1,808 | 4,228 | 4,275 | 2,414 | 2,766 |
397 | 409 | 435 | 495 | 617 | 747 | 733 | 713 | 671 | 623 | 14 | 10 | |
CWIP | 9 | 9 | 22 | 37 | 82 | 13 | 13 | 12 | 9 | 57 | 0 | 4 |
Investments | 56 | 61 | 137 | 215 | 281 | 295 | 232 | 386 | 404 | 832 | 1,970 | 2,268 |
483 | 499 | 539 | 513 | 812 | 677 | 623 | 698 | 3,143 | 2,764 | 429 | 485 | |
Total Assets | 945 | 978 | 1,134 | 1,259 | 1,794 | 1,733 | 1,601 | 1,808 | 4,228 | 4,275 | 2,414 | 2,766 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
91 | 85 | 129 | 169 | -59 | 171 | 182 | 125 | 65 | 528 | 595 | 105 | |
-7 | -41 | -2 | -62 | -188 | -98 | 56 | -45 | -106 | -242 | 1,966 | -191 | |
4 | -62 | -53 | -107 | 124 | 89 | -162 | -106 | 21 | -283 | -2,473 | 211 | |
Net Cash Flow | 88 | -18 | 75 | -0 | -123 | 162 | 76 | -26 | -20 | 3 | 88 | 126 |
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 | 56 | 49 | 48 | 45 | 64 | 43 | 44 | 71 | 57 | 46 | 6 | 8 |
Inventory Days | 116 | 105 | 123 | 129 | 162 | 132 | 160 | 200 | 157 | 114 | 3 | 0 |
Days Payable | 85 | 67 | 82 | 99 | 170 | 87 | 106 | 181 | 150 | 128 | 39 | |
Cash Conversion Cycle | 87 | 87 | 89 | 76 | 56 | 88 | 98 | 90 | 64 | 33 | -30 | 8 |
Working Capital Days | -5 | 4 | 4 | 6 | -15 | -4 | -53 | 76 | 40 | 36 | -82 | -109 |
ROCE % | 13% | 16% | 23% | 16% | 3% | 14% | 11% | 14% | 9% | 8% | 17% | 21% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17h - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September 2025
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Closure of Trading Window
29 Sep - Trading window closed from 1 Oct 2025 until 48 hours after Q2 (30 Sep 2025) unaudited results.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
22 Sep - Bonus issue: 46 NCRPS per share; ~INR986.52 crore issuance; 15-month redemption; 6% coupon.
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Board Meeting Outcome for Update On Outcome Of Board Meeting
22 Sep - TVS Holdings to issue 46 NCRPS (INR10) per share; ~INR986.52 crore; 6% coupon; redeemable 12–15 months post-allotment.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
22 Sep - Board approved bonus NCRPS (~INR986.52 Crore; 46 per share), 6% coupon, 12-month redemption, subject to approvals.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Brand Reputation
TVS Holdings Limited (Formerly known as Sundaram Clayton Limited) is one of the largest auto components manufacturing and distribution groups in India. TVSH is a leading supplier of aluminum die castings to the automotive and non-automotive sectors. [1]