Sundaram Finance Limited

Financial company providing products and services, including vehicle and equipment financing, insurance, and enterprise solutions.

1954 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 05, 2024

Sundaram Finance Profile

Key Indicators

  • Authorised Capital ₹ 278.10 Cr
  • Paid Up Capital ₹ 111.10 Cr
  • Company Age 70 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23,632.34 Cr
  • Satisfied Charges ₹ 48,705.55 Cr
  • Revenue Growth 5.65%
  • Profit Growth 20.47%
  • Ebitda 10.16%
  • Net Worth 12.25%
  • Total Assets 16.35%

About Sundaram Finance

Sundaram Finance Limited (SFL) was founded in India on 11 August 1954 and has a glorious history of 70 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 590071 and on the National Stock Exchange(NSE) under SUNDARMFIN.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 278.10 Cr and a paid-up capital of Rs 111.10 Cr.

The company currently has active open charges totaling ₹23,632.34 Cr. The company has closed loans amounting to ₹48,705.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sundaram Finance Limited India are Mahadevan Ramaswamy as CFO and Puthucode Srikant as Company Secretary. Ramachandran Venkatraman, Rajiv Chellappa, Harsha Viji, and Ten other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sundaramfinance.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65191TN1954PLC002429

  • Company No.

    002429

  • Stock Symbol

    BSE : 590071 NSE : SUNDARMFIN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1954

  • Date of AGM

    21 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Financial Services

What products or services does Sundaram Finance Limited offer?

Sundaram Finance Limited offers a wide range of products and services, including Insurance Agents and Services, Automotive Insurance.

Who are the key members and board of directors at Sundaram Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajiv Chellappa Country flag representing In Managing Director25-Nov-2016Current
Mahadevan Ramaswamy Country flag representing In CFO25-Apr-2014Current
Puthucode Srikant Country flag representing In Company Secretary01-Jun-2022Current

Board Members (12)

NameDesignationAppointment DateStatus
Srivats Ram Country flag representing In Director 28-Mar-2022Current
Raghavendra Rao Country flag representing In Director 01-Apr-2019Current
Balasubramanian Bhavani Country flag representing In Director 20-Mar-2023Current
Anuradha Rao Country flag representing In Additional Director 24-Apr-2024Current
Ramachandran Venkatraman Country flag representing In Director 04-Mar-2024Current
Harsha Viji Country flag representing In Whole-Time Director 24-Sep-2010Current

Financial Performance of Sundaram Finance.

Sundaram Finance Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.65% increase. The company also saw a substantial improvement in profitability, with a 20.47% increase in profit. The company's net worth Soared by an impressive increase of 12.25%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
5.65%
Revenue from Operations
4.56%
Total Assets
16.35%
Profit or Loss
20.47%
Net Worth
12.25%
EBITDA
10.16%

What is the Ownership and Shareholding Structure of Sundaram Finance?

In 2023, Sundaram Finance had a promoter holding of 38.49% and a public holding of 61.50%. The company had 9 Subsidiaries, 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23,632.34 Cr

Satisfied Charges

₹48,705.55 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 9673.34 Cr
  • Hdfc Bank Limited : 5000.00 Cr
  • State Bank Of India : 5000.00 Cr
  • Bank Of India : 1000.00 Cr
  • Axis Bank Limited : 1000.00 Cr
  • Others : 1959.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Nov 2023Axis Bank Limited₹1,000.00 CrOpen
27 Oct 2023Idbi Trusteeship Services Limited₹500.00 CrOpen
25 Sep 2023Idbi Trusteeship Services Limited₹750.00 CrOpen
01 Sep 2023Idbi Trusteeship Services Limited₹500.00 CrOpen
09 Aug 2023Idbi Trusteeship Services Limited₹750.00 CrOpen

How Many Employees Work at Sundaram Finance?

Sundaram Finance has a workforce of 5132 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sundaram Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sundaram Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sundaram Finance

Recent activity within the organization

  • Director Appointment

    Anuradha Rao was appointed as a Additional Director was appointed as a Additional Director on 24 Apr 2024 & has been associated with this company since 9 months 29 days .

    24 Apr 2024

  • Director Appointment

    Ramachandran Venkatraman was appointed as a Director was appointed as a Director on 04 Mar 2024 & has been associated with this company since 11 months 19 days .

    04 Mar 2024

  • Charges

    A charge registered on 26 Nov 2021 via Charge ID 100531248 with Idbi Trusteeship Services Limited was fully satisfied on 11 Dec 2023.

    11 Dec 2023

  • Charges

    A charge registered on 02 Mar 2021 via Charge ID 100426412 with Idbi Trusteeship Services Limited was fully satisfied on 11 Dec 2023.

    11 Dec 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1,000.00 Cr with Charge ID 100814949 was registered on 08 Nov 2023.

    08 Nov 2023

  • Charges

    A charge registered on 14 Sep 2021 via Charge ID 100512277 with Idbi Trusteeship Services Limited was fully satisfied on 03 Nov 2023.

    03 Nov 2023

Frequently asked questions

  • Sundaram Finance Limited was incorporated on 11 Aug 1954.

  • The authorized share capital of Sundaram Finance Limited is ₹ 278.10 Cr and paid-up capital is ₹ 111.10 Cr.

  • Currently 15 directors are associated with Sundaram Finance Limited.

    • Ramachandran Venkatraman
    • Rajiv Lochan Chellappa
    • Mahadevan Ramaswamy
    • Harsha Viji
    • Raghavendra Raghuttama Rao
    • Santhanam Viji
    • Mahalingam Seturaman
    • Srivats Ram
    • Ayalur Natarajan Raju
    • Thiruvallur Thattai Srinivasaraghavan
    • Ganesh Lakshminarayan
    • Anuradha Rao
    • Balasubramanian Bhavani
    • Puthucode Narayanan Srikant
    • Kshama Fernandes
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sundaram Finance Limited is 21 Patullos Road, Chennai, Tamil Nadu, India, 600002.

  • The corporate identification number (CIN) of Sundaram Finance Limited is L65191TN1954PLC002429 and the company number is 002429 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sundaram Finance Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SUNDARMFIN.

  • The Official website of Sundaram Finance Limited is https://www.sundaramfinance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sundaram Finance Limited has risen by 5.65%.

  • As Per 2023 financial reports, 5132 employees are currently employed by Sundaram Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sundaram Finance Limited has experienced an upsurge of 12.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sundaram Finance Limited amount to ₹ 23,632.34 Cr.

  • The most recent Balance Sheet for Sundaram Finance Limited was filed with the ROC on 31 Mar 2023.

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