Sundram Fasteners Ltd
Sundaram fasteners ltd, a part of the TVS Group of Companies, is engaged in manufacturing critical, high precision components such as fasteners, power train components etc for the automotive, infrastructure, windmill, and aviation sectors. [1]
- Market Cap ₹ 23,928 Cr.
- Current Price ₹ 1,139
- High / Low ₹ 1,506 / 1,002
- Stock P/E 46.8
- Book Value ₹ 165
- Dividend Yield 0.60 %
- ROCE 18.8 %
- ROE 15.5 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 34.3%
Cons
- Promoter holding has decreased over last quarter: -1.56%
* 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
Sector: Auto Ancillaries Industry: Auto Ancillaries
Part of BSE 400 MidSmallCap Index Nifty Midcap 150 BSE 250 LargeMidCap Index BSE 500 Nifty 500 Multicap 50:25:25
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,069 | 2,022 | 2,386 | 2,601 | 2,947 | 3,420 | 3,990 | 3,125 | 3,065 | 4,173 | 4,922 | 4,906 | 5,056 | |
1,797 | 1,766 | 2,052 | 2,285 | 2,406 | 2,799 | 3,250 | 2,576 | 2,483 | 3,445 | 4,153 | 4,126 | 4,240 | |
Operating Profit | 272 | 256 | 334 | 316 | 541 | 621 | 740 | 548 | 582 | 728 | 768 | 780 | 816 |
OPM % | 13% | 13% | 14% | 12% | 18% | 18% | 19% | 18% | 19% | 17% | 16% | 16% | 16% |
12 | 38 | 13 | 172 | 10 | 29 | 29 | 9 | 17 | -5 | 29 | 45 | 54 | |
Interest | 81 | 59 | 81 | 60 | 36 | 33 | 39 | 44 | 14 | 13 | 25 | 18 | 17 |
Depreciation | 72 | 76 | 88 | 206 | 90 | 98 | 110 | 137 | 147 | 153 | 157 | 168 | 170 |
Profit before tax | 132 | 160 | 177 | 221 | 425 | 520 | 620 | 376 | 438 | 556 | 615 | 639 | 683 |
Tax % | 28% | 24% | 24% | 3% | 26% | 29% | 30% | 17% | 25% | 27% | 25% | 25% | |
95 | 121 | 135 | 214 | 315 | 367 | 436 | 314 | 328 | 407 | 464 | 480 | 511 | |
EPS in Rs | 4.52 | 5.75 | 6.44 | 10.18 | 15.01 | 17.49 | 20.76 | 14.95 | 15.62 | 19.39 | 22.07 | 22.83 | 24.32 |
Dividend Payout % | 31% | 30% | 27% | 21% | 30% | 26% | 25% | 28% | 30% | 34% | 39% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 4% |
3 Years: | 17% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 2% |
3 Years: | 14% |
TTM: | 13% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 10% |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 16% |
3 Years: | 17% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
Reserves | 673 | 755 | 838 | 1,017 | 1,292 | 1,568 | 1,887 | 1,996 | 2,312 | 2,524 | 2,886 | 3,258 | 3,444 |
795 | 651 | 751 | 572 | 626 | 562 | 801 | 706 | 466 | 466 | 445 | 383 | 592 | |
356 | 423 | 429 | 571 | 508 | 629 | 687 | 508 | 691 | 745 | 707 | 736 | 734 | |
Total Liabilities | 1,845 | 1,850 | 2,038 | 2,181 | 2,447 | 2,780 | 3,396 | 3,232 | 3,490 | 3,757 | 4,058 | 4,398 | 4,791 |
708 | 782 | 795 | 810 | 917 | 1,035 | 1,347 | 1,571 | 1,564 | 1,558 | 1,655 | 1,715 | 1,792 | |
CWIP | 21 | 21 | 15 | 54 | 50 | 32 | 83 | 87 | 105 | 100 | 46 | 154 | 232 |
Investments | 132 | 123 | 117 | 309 | 321 | 359 | 350 | 310 | 337 | 323 | 345 | 376 | 384 |
984 | 924 | 1,111 | 1,008 | 1,159 | 1,355 | 1,616 | 1,263 | 1,484 | 1,776 | 2,012 | 2,153 | 2,383 | |
Total Assets | 1,845 | 1,850 | 2,038 | 2,181 | 2,447 | 2,780 | 3,396 | 3,232 | 3,490 | 3,757 | 4,058 | 4,398 | 4,791 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
219 | 386 | 99 | 457 | 244 | 413 | 408 | 660 | 414 | 366 | 396 | 529 | |
-65 | -134 | -94 | -152 | -207 | -194 | -494 | -304 | -129 | -141 | -207 | -347 | |
-150 | -253 | -7 | -309 | -33 | -217 | 82 | -352 | -284 | -224 | -171 | -202 | |
Net Cash Flow | 4 | -2 | -2 | -4 | 4 | 2 | -3 | 4 | 1 | 1 | 18 | -20 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 76 | 73 | 62 | 65 | 70 | 72 | 70 | 63 | 85 | 73 | 70 | 78 |
Inventory Days | 121 | 118 | 136 | 124 | 125 | 119 | 124 | 139 | 164 | 140 | 127 | 135 |
Days Payable | 65 | 87 | 83 | 101 | 95 | 95 | 84 | 83 | 133 | 95 | 70 | 74 |
Cash Conversion Cycle | 132 | 103 | 115 | 88 | 100 | 97 | 109 | 119 | 116 | 118 | 128 | 139 |
Working Capital Days | 103 | 71 | 76 | 54 | 64 | 65 | 83 | 84 | 91 | 86 | 91 | 101 |
ROCE % | 14% | 16% | 18% | 20% | 26% | 27% | 27% | 16% | 16% | 21% | 20% | 19% |
Documents
Announcements
-
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
20 Nov - Issue of duplicate share certificate for shareholder.
-
Interim Dividend-Communication To Shareholders Regarding Deduction Of Tax At Source
14 Nov - Communication on TDS for Interim Dividend 2025.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 Nov - Outcome of Annual Investors Conference held on November 12, 2024.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
7 Nov - Of analyst/investor meet scheduled to be held on November 12, 2024
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 Nov
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
-
Financial Year 2011
from bse
Concalls
-
May 2024TranscriptPPT
-
Mar 2024TranscriptNotesPPT
-
Feb 2024Transcript PPT
-
Aug 2023TranscriptPPT
-
May 2023TranscriptPPT
Product Portfolio
High Tensile Fasteners: Wind Energy Fasteners, Automotive Fasteners, Engine Fasteners, Aerospace and Aviation Fasteners, etc.
Cold extruded parts: Gear blanks, Transmission shafts, Cams, etc
Hot Forged Parts: Bevel Gear & Pinion Family, Hub, Gen 3 Bearing hub rings, etc.
Powertrain components: Turbine and output Shafts, Clutch hub, Sun Gear Shafts, etc.
Pump & Assemblies: Water pumps, Oil pumps, Mechanical Fuel feed pumps.
Radiator Caps: Metal Caps, Nylon Caps.
Powder metallurgy: Rotors and gears, synchronizer hubs, bushes, structural parts, etc.
Iron Powder: Powders for Press & Sinter Applications, Plain Iron Powders, Diffusion Bonded Powders, etc. [1]