Sundram Fasteners Ltd.
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761.00 -5.70 ▼-0.7%

23 July 2021, 04:00:00 P.M.
Volume: 1,964

Overview View Details

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Website http://www.sundram.com
Financial Indicators
Market Cap 16,020.19 Cr.
Earnings per share (EPS) 17.09 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 44.60 Trailing Twelve Months Ending 2021-03
Industry PE 119.61 Trailing Twelve Months Ending 2021-03
Book Value / Share 111.70 Trailing Twelve Months Ending 2021-03
Price to Book Value 6.83 Calculated using Price: 762.40
Dividend Yield 0.62 Period Ending 2021-03
No. of Shares Subscribed 21.01 Cr. 210,128,370 Shares
FaceValue 1
Company Profile

Sundram Fasteners (SFL) was incorporated in 1962. It is a part of the $5 billion TVS Group, headquartered in Chennai, India. Starting from 1966, the company has established a track record of leadership over 40 years. With a diversified product line, world-class facilities in four countries and a motivated team of talented people, Sundram Fasteners has become a supplier of choice to leading customers in the automotive and industrial segments worldwide.

The product range consists of high-tensile fasteners, powder metal components, cold extruded parts, hot forged components, radiator caps, automotive pumps, gear shifters, gears and couplings, hubs and shafts, tappets and iron powder. Over the years, SFL has acquired cutting-edge technological competencies in forging, metal forming, close-tolerance machining, heat treatment, surface finishing and assembly. Manufacturing locations are supported by engineering and design personnel working on new product design and development. Understanding the global nature of business and the need to provide quality products on just-in-time basis to the customers, the company has established supply chain logistics networks spanning several continents. At Sundram Fasteners, growth is a natural outcome of total adherence to three core operating principles: customer orientation, total quality and ethical business practices.

Product of the company

  • Fasteners
  • Radiator Caps
  • Powder Metal Parts
  • Cold Extruded Parts
  • Hot Forged Parts
  • Pumps & Assemblies   

Awards / Recognition

  • 2015- Acquisition of Equity Shares in TVS Infotech Limited
  • 2014 - Sundaram Fasteners acquired Equity Shares in TVS Infotech Limited.
  • The Krishnapuram unit won TPM Club of India Award for best Kaizens 2009.
  • Its Metal forms division won Frost & Sullivan India Manufacturing Excellence Gold Award in 2008-09.
  • SFL's Puducheri unit won ACMA Technology Award 2007-08 for excellence in Technology.
  • SFL was awarded the EEPC Export Award Silver Shield 2006-07 for Star Performer in Large Enterprises Category.
  • TPM Excellence Award from JIPM, Japan in 1998 (the second Indian company and the first in the engineering industry to get this recognition).
  • Only laboratory in India to meet the Fastener Quality Act specifications as certified by NAVLAP, an important accrediting agency.
  • QS9000 certification given to Radiator Caps Division and Metal Forms Division in 1997 by BVQI.
  • CII Outstanding Export Award in 1997.
  • ACMA Export Awards in 1998-99, 1993-94, 1996-97, 2003-04, 2004-05, 2005-06.
  • ACMA Productivity Award in 1995-96.
  • ACMA Quality Award given to SFL in 1991.
  • SFL received ISO 9002 certification from BVQI in 1990, the first Indian company to achieve this recognition.
  • National HRD Network Award given to SFL in the year 1989.
  • Company Standardization Commendation Award given to SFL by Institute of Standards Engineers in 1988.
  • Best Employer-Employee Relations Award to SFL from Rotary Club of Madras in 1988.
  • CEI Award for Excellence in HRD related areas given to SFL in 1987-88.
  • First Indian company to get ISO 9000 certification. 
  • ISO/TS 16949 certification.
  • ISO 14001 certification.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.74%
1 Week
-3.48%
1 Month
-3.25%
3 Month
+11.44%
6 Month
+35.06%
1 Year
+82.82%
2 Year
+66.19%
5 Year
+308.92%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 13.90 16.03 15.71 13.74 31.05 28.05 26.99 16.89 16.70
Return on Capital Employed (%) 14.69 15.25 16.84 12.85 28.60 28.42 27.41 15.70 17.31
Return on Assets (%) 4.56 5.71 5.86 5.51 14.30 14.08 13.72 9.01 9.70

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 706 801 879 954 1,236 1,531 1,870 1,996 2,347
Non Curr. Liab. 412 347 299 241 233 357 512 482 426
Curr. Liab. 948 1,011 1,153 998 1,051 1,091 1,313 1,062 1,145
Minority Int. 4 4 10 9 7 8 8 8 11
Equity & Liab. 2,069 2,164 2,341 2,202 2,527 2,987 3,703 3,549 3,929
Non Curr. Assets 993 1,106 1,113 1,081 1,307 1,533 2,003 2,193 2,263
Curr. Assets 1,076 1,058 1,228 1,109 1,221 1,454 1,699 1,355 1,666
Misc. Exp. not W/O 12
Total Assets 2,069 2,164 2,341 2,202 2,527 2,987 3,703 3,549 3,929

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 2,651 2,736 3,156 3,255 3,303 3,855 4,558 3,723 3,644
Other Income 41 49 17 62 15 23 27 28 27
Total Income 2,692 2,785 3,173 3,317 3,318 3,878 4,585 3,751 3,672
Total Expenditure -2,385 -2,447 -2,780 -2,871 -2,714 -3,174 -3,757 -3,130 -2,980
PBIDT 307 338 393 446 605 705 827 621 692
Interest -90 -68 -94 -73 -39 -38 -46 -58 -26
Depreciation -94 -102 -116 -116 -105 -112 -129 -170 -180
Taxation -44 -48 -50 -14 -120 -166 -193 -67 -123
Exceptional Items 15 0 0 -118 -2
PAT 94 121 132 125 338 388 459 327 363

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 274 427 106 595 244 456 457 718 454
Cash Fr. Inv. -106 -180 -127 -179 -236 -295 -596 -321 -198
Cash Fr. Finan. -163 -244 20 -415 6 -167 127 -377 -270
Net Change 6 4 -1 1 13 -6 -12 20 -14
Cash & Cash Eqvt 22 26 25 24 37 31 20 41 25

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 49.53 49.53 49.53 49.53 49.53 49.53 49.53 49.53 49.53
Public 50.47 50.47 50.47 50.47 50.47 50.47 50.48 50.47 50.47
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 16 Jul 2021
Shareholding for the Period Ended June 30 2021
Sundram Fasteners Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 13 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Under Reg 47 of the SEBI Listing Regulations - Publication of newspaper advertisement on 58th Annual General Meeting.
Mon, 12 Jul 2021
Reg. 34 (1) Annual Report
Annual Report for the Financial Year 2020-2021

Technical Scans View Details

Fri, 23 Jul 2021
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Stochastic %K Crossing %D from Below Stochastic %K Crossing %D from Below

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