Sundaram Finance presents favourable near-term outlook amid caution
Sundaram Finance to focus on striking a judicious balance between growth, quality and profitability (GQP)06-09-2021
06-09-2021
SUNDARAM FINANCE LTD. - 590071 - ESOP Grant 12 - Exercise of Stock Options
Sundaram Finance Ltd has informed BSE regarding "ESOP Grant 12 - Exercise of Stock Options".25-08-2021
SUNDARAM FINANCE LTD. - 590071 - ESOP Grant 12 - Exercise of Stock Options
Sundaram Finance Ltd has informed BSE regarding "ESOP Grant 12 - Exercise of Stock Options"12-08-2021
Sundaram Finance Ltd - 590071 - Fixes Book Closure for Final Dividend & AGM
Sundaram Finance Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 26, 2021 to September 06, 2021 (both days inclusive) for the purpose of Payment of Final Dividend & 68th Annual General Meeting (AGM) of the Company to be held on September 06, 2021.12-08-2021
Sundaram Finance posts 16 per cent rise in Q1 net profit at 192 crore
Interest income grew marginally to 856 crore09-08-2021
Sundaram Finance Ltd - 590071 - ESOP Grant 12 - Exercise of Stock Options
Sundaram Finance Ltd has informed BSE regarding "ESOP Grant 12 - Exercise of Stock Options".09-08-2021
Q1FY22 Result Announced for Sundaram Finance Ltd.
Sundaram Finance Q1 FY22 net profit up by 16% at Rs. 192 crores as against Rs. 166 crores in Q1 FY21 Disbursements for Q1 FY22 up by 122% at Rs. 2,060 crores Stage Ill assets at 4.25% and Net stage Ill assets at 3.12% ROA at 2.2% and Capital Adequacy Ratio at 23.5% STANDALONE PERFORMANCE HIGHLIGHTS FOR Q1 FY22: Disbursements for Q1 FY22 recorded a growth of 122% to Rs. 2,060 crores as compared to Rs. 929 crores registered in Q1 FY21. The assets under management stood at Rs. 29,823 crores as on 30th June 2021 as against Rs. 29,580 crores as on 30th June 2020. Pursuant to RBl's notification on Resolution Framework 2.0 related of advances to customers, assets totaling Rs. 88 crores, about 0.31% of principal outstanding, were restructured in June 2021. The total restructured assets were Rs.1,395 crores, about 4.87% of principal outstanding as on 30th June 21. Gross stage Ill assets as on 30th June 2021 stood at 4.25% with 27% provision cover as against 2.44% with provision cover of 40% as on 30th June 2020. Net stage 3 assets as of 30th June 2021 closed at 3.12% as against 1.48% as on 30th June 2020. Gross NPA and Net NPA as on 30th June 2021 stood at 4.59% and 3.38% respectively when compared to 2.78% and 1.79% as on 30th June 2020. Cost to income ratio closed at 31.5% in Q1 FY22 as against 31.6% in Q1 FY21. The deposit base stood at Rs. 4,078 crores as on 30th June 2021, a net accretion of Rs. 57 crores. Profit after tax registered a 16% rise in Q1 FY22, with net profit at Rs.192 crores. The company had registered a net profit of Rs. 166 crores for the quarter ended 30th June 2020. Return on assets (ROA) for Q1 FY22 closed at 2.2% against 1.9% for Q1 FY21. Return of equity (ROE) was at 12.2% for Q1 FY22 as against 11.7% for Q1 FY21. If we exclude investments in subsidiaries and group companies, core ROE was at 16.7% for Q1 FY22 as against 16.4% for Q1 FY21. Capital Adequacy Ratio stood at 23.5% (Tier I -16%) as of 30th June 2021 compared to 17.7% (Tier I -12.7%) as of 30th June 2020. CONSOLIDATED PERFORMANCE HIGHLIGHTS FOR QI FY22 The consolidated results of SFL include the results of its stand alone subsidiaries Sundaram Home Finance, Sundaram Asset Management and joint venture company Royal Sundaram General Insurance. The assets under management (AUM) in our lending and general insurance businesses stood at Rs.45,832 crores as on 30th June 2021 as against Rs.45,603 crores as on 30th June 2020.The assets under management of our asset management business stood at Rs.42,621 crores as on 30th June 2021 against Rs. 33,531 crores as on 30th June 2020. Profits after tax registered a 6% rise in Q1 FY22, with net profit at Rs. 285 crores compared to profit after tax of Rs. 269 crores for the quarter ended 30th June 2020. Result PDF09-08-2021
Sundaram Finance Ltd - 590071 - Standalone & Consolidated Financial Results, Limited Review Report, Results Press Release for June 30, 2021
Sundaram Finance Ltd has informed BSE about : 1. Standalone Financial Results for the period ended June 30, 20212. Consolidated Financial Results for the period ended June 30, 20213. Standalone Limited Review for the period ended June 30, 20214. Consolidated Limited Review for the period ended June 30, 20215. Result Press Release for the period ended June 30, 202109-08-2021
Sundaram Finance Holdings invests 480 cr in buying out stakes in portfolio companies
The company reported net profit of 5.13 crore in the June quarter05-08-2021
SUNDARAM FINANCE LTD. - 590071 - Board Meeting Intimation for Results
Sundaram Finance Ltd has informed BSE that a meeting of the Board of Directors of the Company has been convened on August 09, 2021 to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2021.31-07-2021