Sundaram Finance Ltd
About
Established in 1954, Sundaram Finance Limited is a Chennai-based financial services provider registered with the Reserve Bank of India as a Systemically Important Non-Banking Financial Company. It offers services like consumer loans, wealth management, commercial finance, and investment banking. The company operates over 640 branches and manages assets worth ₹69 billion with a workforce of 4,000 employees. Sundaram Finance has six key subsidiaries, including Sundaram Home Finance and Sundaram Asset Management, covering insurance, asset management, corporate finance, and housing finance. It also holds a 50% stake in Royal Sundaram General Insurance. In 2017-18, it restructured its non-financial investments into Sundaram Finance Holdings Limited, with stakes in several TVS Group companies.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 7286 31.4% | 5544 7.7% | 5146 -3.2% | 5317 12.2% | 4739 13.4% | 4178 -34.1% | 6344 13.4% | 5596 11.2% | 5035 17.2% | 4294 4.1% | 4125 11.2% | 3710 22.1% | 3038 24.6% | 2438 18.5% | 2058 17.0% | 1759 - |
| Net Operating Income (INR Cr) | 7274 32.23% | 5501 7.63% | 5111 -3.44% | 5292 12.44% | 4707 27.34% | 3696 -41.61% | 6331 13.29% | 5588 11.16% | 5027 17.32% | 4285 4.35% | 4107 10.91% | 3703 22.46% | 3024 24.45% | 2430 19.11% | 2040 17.01% | 1743 16.07% |
| Profit (INR Cr) | 1436 8.2% | 1328 13.2% | 1173 0.7% | 1165 47.2% | 792 -31.8% | 1161 59.0% | 730 6.8% | 683 17.2% | 583 1.3% | 576 -0.9% | 581 3.0% | 564 23.2% | 458 17.7% | 389 41.4% | 275 63.9% | 168 - |
| Assets (INR Cr) | 63412 14.6% | 55342 16.7% | 47445 3.3% | 45912 4.2% | 44072 33.5% | 33022 13.6% | 29080 7.0% | 27169 9.4% | 24846 4.5% | 23787 8.4% | 21954 8.3% | 20270 25.6% | 16142 16.3% | 13875 14.6% | 12113 29.2% | 9379 - |
| Net Worth (INR Cr) | 11078 11.7% | 9920 12.8% | 8795 13.8% | 7730 15.8% | 6677 6.7% | 6259 10.8% | 5649 17.5% | 4809 14.7% | 4195 11.9% | 3750 21.7% | 3080 17.8% | 2614 20.8% | 2165 19.8% | 1807 19.8% | 1508 18.9% | 1268 10.9% |
| Employee Cost (INR Cr) | 832 23.6% | 673 8.8% | 619 10.3% | 561 11.8% | 502 17.0% | 429 -16.5% | 514 3.5% | 497 11.0% | 447 10.5% | 405 11.1% | 364 9.4% | 333 13.9% | 292 26.3% | 232 11.7% | 207 15.8% | 179 - |
| Interest Cost (INR Cr) | 3418 | 2410 | 2236 | 2659 | 2427 | 1770 | 1344 | 1735 | 1814 | 1782 | 1724 | 1516 | 1183 | 900 | 797 | 789 |
| Cash & Bank Balance (INR Cr) | 1503 | 1145 | 715 | 789 | 785 | 859 | 1074 | 1014 | 960 | 1088 | 1282 | 1338 | 939 | 1300 | 1534 | 488 |
| Total Debt (INR Cr) | 52334 | 42694 | 36356 | 36461 | 35939 | 25023 | 21069 | 20216 | 18758 | 18795 | 17828 | 16795 | 13349 | 11576 | 10454 | 7985 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 19.7% | 24.0% | 22.8% | 21.9% | 16.7% | 27.8% | 11.5% | 12.2% | 11.6% | 13.4% | 14.1% | 15.2% | 15.1% | 16.0% | 13.4% | 9.6% |
| Profit As % Of Assets | 2.3% | 2.4% | 2.5% | 2.5% | 1.8% | 3.5% | 2.5% | 2.5% | 2.4% | 2.4% | 2.7% | 2.8% | 2.8% | 2.8% | 2.3% | 1.8% |
| Profit As % Of Networth | 13.0% | 13.4% | 13.3% | 15.1% | 11.9% | 18.6% | 12.9% | 14.2% | 13.9% | 15.4% | 18.9% | 21.6% | 21.2% | 21.5% | 18.2% | 13.2% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 13.6% | 13.7% | 12.9% | 13.9% | 12.5% | 11.8% | 12.8% | 15.0% | 14.7% | 16.8% | 19.4% | 21.4% | 20.0% | 20.5% | 17.7% | 13.4% |
| ROCE | 9.3% | 8.4% | 8.2% | 9.2% | 9.3% | 9.4% | 8.9% | 10.9% | 11.4% | 11.8% | 12.4% | 12.8% | 12.1% | 11.2% | 11.1% | 11.7% |