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Sundram Fasten.

  • Market Cap: Mid Cap
  • Industry: Fasteners
  • ISIN: INE387A01021
  • NSEID: SUNDRMFAST
  • BSEID: 500403
INR
884.00
-15 (-1.67%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.29 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.29 lacs (40.60%) Volume

Shareholding (Dec 2024)

FII

13.03%

Held by 121 FIIs

DII

20.82%

Held by 36 DIIs

Promoter

46.95%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 7.87% and Operating profit at 7.88% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

With ROCE of 15.9, it has a Expensive valuation with a 4.4 Enterprise value to Capital Employed

5

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Fasteners

stock-summary
Market cap

INR 18,575 Cr (Mid Cap)

stock-summary
P/E

34.00

stock-summary
Industry P/E

32

stock-summary
Dividend Yield

0.80%

stock-summary
Debt Equity

0.22

stock-summary
Return on Equity

15.02%

stock-summary
Price to Book

5.19

Revenue and Profits (1 Year):
Net Sales:
1,441 Cr
(Quarterly Results - Dec 2024)
Net Profit:
130 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.8%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-38.33%
0.23%
-38.1%
1 Year
-21.49%
0.63%
-20.86%
2 Years
-11.38%
1.20%
-10.18%
3 Years
3.42%
2.34%
5.76%
4 Years
21.32%
3.54%
24.86%
5 Years
238.89%
9.75%
248.64%

Latest dividend: 3 per share ex-dividend date: Nov-18-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
7.87%
EBIT Growth (5y)
7.88%
EBIT to Interest (avg)
18.79
Debt to EBITDA (avg)
1.01
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.36
Tax Ratio
24.31%
Dividend Payout Ratio
27.59%
Pledged Shares
0
Institutional Holding
33.86%
ROCE (avg)
16.71%
ROE (avg)
15.80%
Valuation key factors
Factor
Value
P/E Ratio
34
Industry P/E
32
Price to Book Value
5.19
EV to EBIT
27.01
EV to EBITDA
20.76
EV to Capital Employed
4.45
EV to Sales
3.34
PEG Ratio
5.26
Dividend Yield
0.80%
ROCE (Latest)
15.93%
ROE (Latest)
15.02%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 27 Schemes (17.12%)

FIIs

Held by 121 FIIs (13.03%)

Promoter with highest holding

Tvs Sundram Fasteners Private Limited (46.79%)

Highest Public shareholder

Amansa Holdings Private Limited (5.19%)

Individual Investors Holdings

16.4%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -3.02% vs -0.78% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -8.51% vs 0.46% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,441.12",
          "val2": "1,486.04",
          "chgp": "-3.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "227.64",
          "val2": "244.63",
          "chgp": "-6.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "8.36",
          "val2": "8.73",
          "chgp": "-4.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "130.36",
          "val2": "142.48",
          "chgp": "-8.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.80%",
          "val2": "16.46%",
          "chgp": "-0.66%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 5.34% vs 0.74% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 9.57% vs 3.25% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,983.71",
          "val2": "2,832.58",
          "chgp": "5.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "491.79",
          "val2": "457.11",
          "chgp": "7.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "15.66",
          "val2": "17.03",
          "chgp": "-8.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "284.31",
          "val2": "259.47",
          "chgp": "9.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.48%",
          "val2": "16.14%",
          "chgp": "0.34%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 5.36% vs -0.36% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 6.84% vs 5.38% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,424.83",
          "val2": "4,199.83",
          "chgp": "5.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "719.43",
          "val2": "658.37",
          "chgp": "9.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "24.02",
          "val2": "23.91",
          "chgp": "0.46%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "414.67",
          "val2": "388.13",
          "chgp": "6.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.26%",
          "val2": "15.68%",
          "chgp": "0.58%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 0.06% vs 15.52% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 5.46% vs 8.31% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,666.31",
          "val2": "5,662.75",
          "chgp": "0.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "886.70",
          "val2": "853.47",
          "chgp": "3.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "31.99",
          "val2": "39.69",
          "chgp": "-19.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "521.68",
          "val2": "494.69",
          "chgp": "5.46%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.65%",
          "val2": "15.07%",
          "chgp": "0.58%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
1,441.12
1,486.04
-3.02%
Operating Profit (PBDIT) excl Other Income
227.64
244.63
-6.95%
Interest
8.36
8.73
-4.24%
Exceptional Items
0.00
0.00
Consolidate Net Profit
130.36
142.48
-8.51%
Operating Profit Margin (Excl OI)
15.80%
16.46%
-0.66%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -3.02% vs -0.78% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -8.51% vs 0.46% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2,983.71
2,832.58
5.34%
Operating Profit (PBDIT) excl Other Income
491.79
457.11
7.59%
Interest
15.66
17.03
-8.04%
Exceptional Items
0.00
0.00
Consolidate Net Profit
284.31
259.47
9.57%
Operating Profit Margin (Excl OI)
16.48%
16.14%
0.34%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 5.34% vs 0.74% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 9.57% vs 3.25% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
4,424.83
4,199.83
5.36%
Operating Profit (PBDIT) excl Other Income
719.43
658.37
9.27%
Interest
24.02
23.91
0.46%
Exceptional Items
0.00
0.00
Consolidate Net Profit
414.67
388.13
6.84%
Operating Profit Margin (Excl OI)
16.26%
15.68%
0.58%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 5.36% vs -0.36% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 6.84% vs 5.38% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
5,666.31
5,662.75
0.06%
Operating Profit (PBDIT) excl Other Income
886.70
853.47
3.89%
Interest
31.99
39.69
-19.40%
Exceptional Items
0.00
0.00
Consolidate Net Profit
521.68
494.69
5.46%
Operating Profit Margin (Excl OI)
15.65%
15.07%
0.58%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 0.06% vs 15.52% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 5.46% vs 8.31% in Mar 2023

stock-summaryCompany CV
About Sundram Fasteners Ltd stock-summary
stock-summary
Sundram Fasteners Ltd
Mid Cap
Fasteners
Sundram Fasteners Limited, a part of USD 8.5 billion TVS Group Company, is one of the leading auto component manufacturers in India. The Company is primarily engaged in manufacture and sale of bolts and nuts, water pumps, sintered products, cold extruded components, hot and warm forged parts, radiator caps and other parts which have applications mainly in automobile industry.
Company Coordinates stock-summary
Company Details
98 A Radhakrishnan Salai, 7th Floor Mylapore Chennai Tamil Nadu : 600004
stock-summary
Tel: 91-44-28478500
stock-summary
investorshelpdesk@sfl.co.in
Registrar Details
Integrated Enterprises (India) Ltd , II Floor , Kences Towers, No 1 Ramakrishna Street, North Usman Road, T Nagar, Chennai