Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Sundaram Finance Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:46 am

Market Cap 47,524 Cr.
Current Price 4,277
High / Low 5,536/3,425
Stock P/E29.6
Book Value 1,126
Dividend Yield0.70 %
ROCE9.21 %
ROE14.2 %
Face Value 10.0
PEG Ratio2.34

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Multipurpose Trading & Agencies Ltd 5.23 Cr. 10.6 13.3/7.8129.1 10.20.00 %4.44 %3.91 % 10.0
Munoth Financial Services Ltd 34.4 Cr. 67.0 81.3/54.6 21.20.00 %1.71 %1.79 % 10.0
Nam Securities Ltd 72.5 Cr. 134 198/65.6201 21.20.00 %4.16 %3.05 % 10.0
Naperol Investments Ltd 733 Cr. 1,275 2,041/801748 3,2040.00 %0.08 %0.05 % 10.0
Inani Securities Ltd 13.2 Cr. 29.0 42.0/20.59.10 42.20.00 %10.6 %6.92 % 10.0
Industry Average6,895.83 Cr1,836.483,514.445,415.950.31%15.08%16.58%7.38

All Competitor Stocks of

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Revenue1,2851,2571,2931,2861,2721,2461,3371,4101,4841,5831,7081,8212,156
Interest618593547551546541578622667738821910948
Expenses364325426367274331329327300383375351524
Financing Profit303340320369452375430460516462512561684
Financing Margin %24%27%25%29%36%30%32%33%35%29%30%31%32%
Other Income535642373158827-90
Depreciation25202225342933364139444853
Profit before tax331325304347441353400425533431471520541
Tax %23%25%30%24%21%27%30%24%23%28%30%23%28%
Net Profit299310274314398277332382509430435506472
EPS in Rs24.3525.7023.3226.0030.6022.1127.5529.9638.9933.7732.8938.4724.11
Gross NPA %
Net NPA %

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Revenue3,7034,1074,2855,0275,5886,3313,6964,7075,2925,1115,5017,267
Interest1,5161,7241,7821,8141,7351,3441,7702,4272,6592,2362,4063,418
Expenses1,2881,3891,5052,2212,7353,9069321,2221,2351,3921,2881,632
Financing Profit9009939999921,1181,0809941,0571,3981,4831,8062,217
Financing Margin %24%24%23%20%20%17%27%22%26%29%33%31%
Other Income8-5-27781348248243543-73
Depreciation10111211210610479589093101139183
Profit before tax8078768608931,0221,0141,4181,0161,3301,4171,7111,961
Tax %31%34%33%34%34%34%27%21%25%25%26%27%
Net Profit6206506446627688431,2588451,2231,2961,5001,842
EPS in Rs50.7652.3051.8352.4961.5265.70104.4971.25104.87105.61118.61129.25
Dividend Payout %18%19%20%21%19%18%17%18%17%19%23%12%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)4.84%-0.92%2.80%16.01%9.77%49.23%-32.83%44.73%5.97%15.74%22.80%
Change in YoY Net Profit Growth (%)0.00%-5.76%3.72%13.22%-6.25%39.46%-82.06%77.56%-38.76%9.77%7.06%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:6%
5 Years:15%
3 Years:11%
TTM:30%
Compounded Profit Growth
10 Years:10%
5 Years:12%
3 Years:9%
TTM:6%
Stock Price CAGR
10 Years:14%
5 Years:21%
3 Years:24%
1 Year:21%
Return on Equity
10 Years:14%
5 Years:14%
3 Years:14%
Last Year:14%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:34 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital111111111111111110110110110110110110110
Reserves2,5032,9693,6394,0844,6985,5396,1496,5677,6208,6859,81010,96812,400
Borrowings16,79517,82818,79518,75820,21621,06925,02335,93936,46136,35642,69452,33456,256
Other Liabilities2,6373,0053,2415,0955,7247,2682,3882,1052,3693,0033,462864893
Total Liabilities22,04623,91425,78528,04830,74933,98633,67144,72146,56048,15456,07664,27669,659
Fixed Assets5415595158178628214519038651,1171,2961,3891,430
CWIP0324330000150
Investments1,9632,4502,7314,0264,8158,6934,5395,0966,0578,0888,0825,7326,423
Other Assets19,54220,90322,53723,20125,07024,46928,68038,72239,63838,95046,69757,15061,806
Total Assets22,04623,91425,78528,04830,74933,98633,67144,72146,56048,15456,07664,27669,659

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-2,210-564-1,430310-965-5,547-4,20094501,781-6,504-8,486
Cash from Investing Activity +-483-228446-83-554-1,1821,000-1,983-243-1,59766989
Cash from Financing Activity +2,7131,004757-2611,3946,7563,2121,862-122-2005,8908,754
Net Cash Flow19213-227-33-1242712-11185-1654357

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-15.00-16.00-17.00-16.00-18.00-18.00907.00-34.00-35.00-35.00-41.00-51.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
ROE %24%21%17%15%15%14%14%12%16%14%14%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters35.89%38.49%38.49%38.49%38.49%38.49%38.49%38.49%37.88%37.87%37.86%37.23%
FIIs0.00%9.91%0.00%7.57%7.69%7.78%7.78%8.35%8.31%13.36%17.31%18.42%
DIIs24.19%14.27%24.06%16.70%16.80%16.87%16.94%16.55%16.84%12.39%8.88%8.02%
Public39.10%36.50%36.64%36.41%36.20%36.04%35.97%35.80%36.16%35.58%35.14%35.53%
Others0.00%0.82%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
No. of Shareholders23,41324,14924,82724,07323,69323,65235,74141,73842,59742,28843,76244,168

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Kotak Emerging Equity Fund - Regular Plan2,743,1042.5962.362,221,8812024-12-1823.46%
Axis ELSS Tax Saver Fund2,221,8812.27779.52,221,8812024-12-180%
SBI Magnum Midcap Fund1,490,0003.38522.742,221,8812024-12-18-32.94%
Axis Midcap Fund1,113,6791.59390.712,221,8812024-12-18-49.88%
Axis Growth Opportunities Fund989,5443.24347.162,221,8812024-12-18-55.46%
HSBC Midcap Fund743,5682.83260.872,221,8812024-12-18-66.53%
Axis Small Cap Fund483,8720.91169.762,221,8812024-12-18-78.22%
ICICI Prudential Equity & Debt Fund428,1550.5150.212,221,8812024-12-18-80.73%
Axis Multicap Fund337,8852.49118.542,221,8812024-12-18-84.79%
UTI Mid Cap Fund306,5021.1107.532,221,8812024-12-18-86.21%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)130.31119.59106.48105.7471.85
Diluted EPS (Rs.)130.31119.59106.48105.7471.85
Cash EPS (Rs.)145.67128.00105.9899.3881.23
Book Value[Excl.RevalReserv]/Share (Rs.)1005.281146.871006.34857.73738.21
Book Value[Incl.RevalReserv]/Share (Rs.)1005.281146.871006.34857.73738.21
Revenue From Operations / Share (Rs.)659.45496.93463.60476.28426.23
PBDIT / Share (Rs.)513.03386.22340.68370.48319.21
PBIT / Share (Rs.)496.43373.63331.50362.04311.09
PBT / Share (Rs.)177.96155.26128.56120.6790.73
Net Profit / Share (Rs.)129.08115.4096.8090.9473.10
NP After MI And SOA / Share (Rs.)130.31119.58106.48105.7471.85
PBDIT Margin (%)77.7977.7273.4877.7874.89
PBIT Margin (%)75.2875.1871.5076.0172.98
PBT Margin (%)26.9831.2427.7325.3321.28
Net Profit Margin (%)19.5723.2220.8719.0917.15
NP After MI And SOA Margin (%)19.7624.0622.9622.2016.85
Return on Networth / Equity (%)12.9613.2913.3415.0711.85
Return on Capital Employeed (%)48.7510.529.8611.2541.74
Return On Assets (%)2.232.352.432.501.76
Long Term Debt / Equity (X)0.002.662.943.350.00
Total Debt / Equity (X)2.204.314.134.725.38
Asset Turnover Ratio (%)0.120.100.090.090.11
Current Ratio (X)1.173.194.174.051.18
Quick Ratio (X)1.173.194.174.051.18
Dividend Payout Ratio (NP) (%)0.0018.3615.0014.1837.71
Dividend Payout Ratio (CP) (%)0.0016.6113.8113.1333.87
Earning Retention Ratio (%)0.0081.6485.0085.8262.29
Cash Earning Retention Ratio (%)0.0083.3986.1986.8766.13
Interest Coverage Ratio (X)1.651.771.681.531.45
Interest Coverage Ratio (Post Tax) (X)1.441.531.481.381.33
Enterprise Value (Cr.)68788.5369449.2359322.3965865.5449833.86
EV / Net Operating Revenue (X)9.4112.6811.6112.5510.61
EV / EBITDA (X)12.1016.3215.8016.1414.17
MarketCap / Net Operating Revenue (X)6.264.604.195.432.82
Retention Ratios (%)0.0081.6384.9985.8162.28
Price / BV (X)4.112.542.433.681.98
Price / Net Operating Revenue (X)6.264.604.195.432.82
EarningsYield0.030.050.050.040.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 4,765.93

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Undervalued by 11.43% compared to the current share price 4,277.00

Intrinsic Value of as of December 21, 2024 is: 5,368.79

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 25.53% compared to the current share price 4,277.00

Last 5 Year EPS CAGR: 12.65%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 19.57%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 48.75% (Industry Average ROCE: 14.89%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 12.96% (Industry Average ROE: 15.33%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.44
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.17
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 29.6 (Industry average Stock P/E: 2)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 2.2
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Sundaram Finance Ltd. is a Public Limited Listed company incorporated on 11/08/1954 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L65191TN1954PLC002429 and registration number is 002429. Currently Company is involved in the business activities of Financial service activities, except insurance and pension funding. Company’s Total Operating Revenue is Rs. 3870.03 Cr. and Equity Capital is Rs. 111.10 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Non-Banking Financial Company (NBFC)21, Patullos Road, Chennai (Madras) Tamil Nadu 600002investorservices@sundaramfinance.in
http://www.sundaramfinance.in
Management
NamePosition Held
Mr. S VijiChairman
Mr. Harsha VijiExecutive Vice Chairman
Mr. Rajiv C LochanManaging Director
Mr. A N RajuDeputy Managing Director
Mr. Srivats RamDirector
Mr. S MahalingamDirector
Mr. S PrasadDirector
Ms. Shobhana RamachandhranDirector
Mr. R Raghuttama RaoDirector
Mr. L GaneshDirector
Mr. T T SrinivasaraghavanDirector
Mr. P N VenkatachalamDirector
Mrs. Bhavani BalasubramanianDirector

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹4765.93, which is 11.43% higher than the current market price of ₹4,277.00. The stock has a market capitalization of 47,524 Cr. and recorded a high/low of 5,536/3,425 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹12,400 Cr and total liabilities of ₹69,659 Cr.

What is the Market Cap of ?

The Market Cap of is 47,524 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 4,277.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 5,536/3,425.

What is the Stock P/E of ?

The Stock P/E of is 29.6.

What is the Book Value of ?

The Book Value of is 1,126.

What is the Dividend Yield of ?

The Dividend Yield of is 0.70 %.

What is the ROCE of ?

The ROCE of is 9.21 %.

What is the ROE of ?

The ROE of is 14.2 %.

What is the Face Value of ?

The Face Value of is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE