🔍

SUNDARMFIN - Sundaram Finance

📊 NSE: SUNDARMFIN 🏢 Finance & Investments 📅 Last Updated: 12/14/2025 13:50

📢 Recent Corporate Announcements

Sundaram Finance Promoters Confirm Zero Pledged Shares for FY 2025-26

🟢 POSITIVE ⭐ 4/10

REGULATORY 📅 22 Apr 2026, 05:23 PM

Sundaram Finance has submitted a regulatory disclosure confirming that its promoters and promoter group have not encumbered or pledged any shares during the financial year 2025-26. The total promoter group holding stands at 4,13,38,283 shares, representing 37.21% of the company's equity. This annual declaration is a requirement under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. The absence of pledged shares is a positive indicator of the promoters' financial stability and reduces risk for minority shareholders.

Promoter group confirms zero encumbrance on shares for the financial year ending March 31, 2026.
Total promoter and promoter group holding is 4,13,38,283 shares.
The combined promoter stake represents 37.21% of the company's total share capital.
The disclosure covers 100 entities including individuals, HUFs, and corporate bodies like India Motor Parts & Accessories Limited (2.61%).

💡 Investors should view the zero-pledge status as a sign of promoter strength and financial health. No immediate action is required as this is a routine but positive regulatory filing.

Sundaram Finance Reports Exercise of 500 Stock Options Under ESOP Scheme

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 02 Apr 2026, 06:44 PM

Sundaram Finance Limited has announced the exercise of 500 stock options by employees under its 2008 Employee Stock Option Scheme. The exercise includes 400 options from the May 2021 grant and 100 options from the May 2022 grant. These shares are being transferred from the Sundaram Finance Employees Welfare Trust to the respective holders' demat accounts. As the shares are transferred from an existing trust, there is no fresh issuance of equity or dilution for existing shareholders.

Total of 500 stock options were exercised on April 2, 2026.
Exercise comprises 400 options from Grant 13 (2021) and 100 options from Grant 14 (2022).
Shares are transferred from the Sundaram Finance Employees Welfare Trust, ensuring no equity dilution.
The transaction involves two separate grant cycles from 2021 and 2022.

💡 This is a routine administrative disclosure with no impact on the company's fundamentals. Investors should continue to monitor the company's quarterly financial performance.

Sundaram Finance Reports Exercise of 80 Stock Options Under ESOP Scheme

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 27 Mar 2026, 06:14 PM

Sundaram Finance Limited has informed the exchanges about the exercise of 80 stock options by a single employee. These options were part of a grant issued on May 25, 2022, under the Sundaram Finance Employee Stock Option Scheme – 2008. The shares will be transferred from the Sundaram Finance Employees Welfare Trust to the individual's demat account. Given the extremely small volume, this transaction has no material impact on the company's capital structure or financial position.

Exercise of 80 stock options by 1 option holder on March 27, 2026
Options were originally granted on May 25, 2022
Shares to be transferred from the Sundaram Finance Employees Welfare Trust
Routine disclosure under the Sundaram Finance Employee Stock Option Scheme – 2008

💡 No action is required as this is a routine administrative disclosure with negligible impact on the company's total equity.

Sundaram Finance to Close Trading Window from April 1, 2026, for Q4 and FY26 Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 27 Mar 2026, 05:13 PM

Sundaram Finance Limited has announced the closure of its trading window for equity shares starting Wednesday, April 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the audited financial results for the quarter and year ending March 31, 2026. The window will remain closed until 48 hours after the results are officially declared. This is a standard administrative procedure for listed Indian companies during financial reporting periods.

Trading window closure begins on April 1, 2026, for all designated persons.
Closure pertains to the audited financial results for the quarter and year ended March 31, 2026.
The window will reopen 48 hours after the declaration of the financial results.
The notification was issued on March 27, 2026, in compliance with SEBI regulations.

💡 No action is required as this is a routine regulatory filing. Investors should look out for the upcoming board meeting date announcement to review the company's full-year performance.

Sundaram Finance Appoints Ex-KPMG Partner V. Muralidharan as Head of Strategy & Planning

🟢 POSITIVE ⭐ 4/10

MANAGEMENT 📅 27 Mar 2026, 12:09 PM

Sundaram Finance has appointed Mr. V. Muralidharan as Senior General Manager & Head of Strategy and Planning, effective March 5, 2026. Mr. Muralidharan brings nearly 22 years of professional experience, including an 18-year tenure at KPMG where he served as a Partner in Business Consulting. He is an alumnus of NIT Calicut and IIM Ahmedabad, adding significant academic and professional pedigree to the senior management team. This strategic hire is intended to bolster the company's long-term planning and business consulting capabilities.

Appointment of Mr. V. Muralidharan as Sr. General Manager & Head - Strategy and Planning.
The appointee has 22 years of total experience, with 18 years at KPMG as a Partner.
Educational background includes a B. Tech from NIT Calicut and a PGDM from IIM Ahmedabad.
The appointment is effective from March 5, 2026, as confirmed by the Board on March 27, 2026.

💡 This is a routine senior management addition that strengthens the leadership pipeline. Investors should view this as a positive step towards professionalizing the strategy function with top-tier talent.

Sundaram Finance Board Approves ₹17,000 Crore Fundraise via NCDs for FY 2026-27

🟢 POSITIVE ⭐ 7/10

FUNDRAISE 📅 27 Mar 2026, 12:05 PM

Sundaram Finance has received board approval to raise up to ₹17,000 crore through the issuance of Non-Convertible Debentures (NCDs) during the financial year 2026-27. The fundraising will be conducted on a private placement basis and may occur in multiple tranches. This move is aimed at strengthening the company's capital base to support its lending activities and business expansion for the upcoming fiscal year. Such a large-scale fundraise indicates the management's proactive approach to securing liquidity and their confidence in credit demand.

Approved fundraise limit of ₹17,000 crore for the 2026-27 financial year.
Instruments to be used are Non-Convertible Debentures (NCDs) via private placement.
The capital raise is intended to be executed in one or more tranches.
The board meeting for this approval was concluded on March 27, 2026.

💡 Investors should view this as a positive signal for growth; monitor the cost of borrowing and the company's ability to deploy this capital efficiently to maintain margins.

Sundaram Finance Management Meets Aberdeen Investments to Discuss Business Outlook

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 20 Mar 2026, 07:25 PM

Sundaram Finance's top management, including Managing Director Rajiv C. Lochan and SVP Finance Bama Balakrishnan, held a one-on-one meeting with Aberdeen Investments on March 20, 2026. The discussion centered on the company's business outlook and financial performance for the quarter and nine-month period ending December 31, 2025. The interaction was conducted via video conferencing in a Q&A format. The company officially confirmed that no unpublished price sensitive information (UPSI) was shared during the session.

One-on-one interaction with Aberdeen Investments held on March 20, 2026
Discussion focused on performance for the nine months ended December 31, 2025
Participation by Managing Director and Senior VP of Finance
Company confirmed no unpublished price sensitive information was disclosed

💡 This is a routine regulatory disclosure regarding investor relations. Investors should continue to monitor the company's quarterly performance trends and management commentary on the NBFC sector's growth.

Sundaram Finance Shareholders Approve Top Leadership Re-appointments with Over 98% Majority

🟢 POSITIVE ⭐ 7/10

MANAGEMENT 📅 13 Mar 2026, 05:26 PM

Shareholders of Sundaram Finance have overwhelmingly approved the re-appointment of the core leadership team for terms starting April 1, 2026. Mr. Harsha Viji and Mr. Rajiv C. Lochan have been re-appointed as Executive Vice Chairman and Managing Director respectively for five-year terms. Additionally, Mr. A. N. Raju has been elevated to Joint Managing Director for a four-year term. All resolutions passed with over 98.9% of votes in favor, ensuring management stability and continuity for the NBFC.

Mr. Harsha Viji re-appointed as Executive Vice Chairman for 5 years with 98.92% shareholder approval.
Mr. Rajiv C. Lochan re-appointed as Managing Director for 5 years with 98.99% votes in favor.
Mr. A. N. Raju elevated to Joint Managing Director for a 4-year term with 99.01% approval.
Remuneration includes performance bonuses up to 1% of net profits and Long Term Incentives (LTI) for the leadership.
The new terms for all three key management personnel are effective from April 1, 2026.

💡 The high approval ratings indicate strong institutional and retail confidence in the current leadership. Investors should view this as a positive sign of management continuity and strategic stability for the company's long-term growth.

Sundaram Finance MD and CFO Meet with FSSA Investment Managers

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 02 Mar 2026, 07:02 PM

Sundaram Finance's top management, including Managing Director Rajiv C. Lochan and CFO M. Ramaswamy, held a one-to-one meeting with FSSA Investment Managers on March 2, 2026. The interaction focused on discussing trends in emerging markets and was conducted in a Q&A format. The company has officially confirmed that no unpublished price sensitive information (UPSI) was shared during this session. This meeting is part of the company's regular engagement with institutional investors to discuss broader market dynamics.

One-to-one interaction held on March 2, 2026, at 5:00 P.M. with FSSA Investment Managers
Meeting attended by Managing Director Rajiv C. Lochan and CFO M. Ramaswamy
Discussion focused on emerging market trends in a Q&A format
Official confirmation provided that no Unpublished Price Sensitive Information (UPSI) was disclosed

💡 No immediate action is required as this is a routine regulatory disclosure regarding investor relations. Investors should continue to monitor quarterly results for specific financial performance updates.

Sundaram Finance Proposes Re-appointment of Top Leadership and Elevation of Joint MD

🟢 POSITIVE ⭐ 7/10

MANAGEMENT 📅 10 Feb 2026, 10:08 PM

Sundaram Finance has initiated a postal ballot to seek shareholder approval for the re-appointment of its core leadership team starting April 1, 2026. Mr. Harsha Viji is proposed for a 5-year term as Executive Vice Chairman with a monthly basic salary scale of ₹15 lakh to ₹35 lakh. Mr. Rajiv C. Lochan is proposed for a 5-year term as Managing Director with ESOPs valued up to ₹1.5 crore. Additionally, Mr. A. N. Raju is set to be elevated to Joint Managing Director for a 4-year term, ensuring management continuity.

Proposed 5-year re-appointment of Mr. Harsha Viji as Executive Vice Chairman from April 2026.
Mr. Rajiv C. Lochan to continue as MD for 5 years with ESOPs up to ₹1.5 crore.
Elevation of Mr. A. N. Raju to Joint Managing Director for a 4-year term.
Performance bonuses for top executives capped at 1% of net profits each.
E-voting period for shareholders scheduled from February 11 to March 12, 2026.

💡 Investors should view this as a positive move for management stability and long-term strategic continuity. Shareholders may participate in the e-voting process starting February 11, 2026.

Sundaram Finance CFO Interacts with PhillipCapital on Q3 & 9M FY26 Performance

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 10 Feb 2026, 07:15 PM

Sundaram Finance Limited's CFO, Mr. M. Ramaswamy, held a one-to-one telephonic interaction with PhillipCapital (India) Private Limited on February 10, 2026. The discussion focused on the company's financial performance for the quarter and nine-month period ended December 31, 2025. The meeting was conducted in a Q&A format to provide institutional insights into the reported results. The company explicitly stated that no unpublished price sensitive information (UPSI) was shared during the session.

CFO M. Ramaswamy conducted a one-to-one telecon with PhillipCapital on February 10, 2026.
The interaction focused on the performance for the quarter and nine months ended December 31, 2025.
The meeting followed a standard Q&A format for institutional investment broking queries.
Company confirmed that no Unpublished Price Sensitive Information (UPSI) was disclosed.

💡 This is a routine regulatory disclosure regarding institutional engagement. Investors should focus on the previously released Q3 FY26 financial results to assess the company's fundamental performance.

Sundaram Finance 9MFY26 PAT Rises 23% to ₹1,226 Cr; Declares ₹16 Interim Dividend

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 02 Feb 2026, 05:20 PM

Sundaram Finance reported a robust performance for 9MFY26, with Profit After Tax (PAT) growing 23% YoY to ₹1,226 crores. Assets Under Management (AUM) reached ₹58,236 crores, marking a 16% increase, while disbursements grew 13% to ₹24,270 crores. Despite a slight uptick in Gross Stage 3 assets to 1.91% from 1.70%, the company maintained best-in-class asset quality and improved its cost-to-income ratio to 28.72%. An interim dividend of ₹16 per share (160%) has been declared, reflecting strong cash flows and capital adequacy of 19.1%.

9MFY26 PAT grew 23% YoY to ₹1,226 Cr, while Q3FY26 PAT rose 15% to ₹403 Cr.
AUM increased by 16% YoY to ₹58,236 Cr, supported by 13% growth in 9-month disbursements.
Profitability metrics improved with ROA at 2.67% and ROE at 15.5% for the 9-month period.
Cost-to-income ratio significantly improved to 28.72% from 31.37% in the previous year.
Gross Stage 3 assets stood at 1.91% with a provision cover of 45%.

💡 Investors should take note of the company's ability to maintain high growth and profitability even as asset quality pressures rise in the broader financial system. The stock remains a high-quality play in the NBFC sector given its prudent credit standards and consistent dividend payouts.

Sundaram Finance 9M PAT Jumps 23% to Rs 1,226 Cr; Declares Rs 16 Interim Dividend

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 02 Feb 2026, 02:16 PM

Sundaram Finance reported a robust 23% YoY growth in standalone PAT to Rs 1,226 crores for 9MFY26, with Q3 PAT rising 15% to Rs 403 crores. The performance was driven by a 16% growth in AUM to Rs 58,236 crores and a 21% increase in Net Interest Income. Despite a slight uptick in Gross Stage 3 assets to 1.91%, the company maintained a healthy ROA of 2.67%. Additionally, the board rewarded shareholders with an interim dividend of Rs 16 per share.

Standalone PAT for 9MFY26 increased by 23% YoY to Rs 1,226 crores, despite a Rs 66 crore exceptional item for labor codes.
Assets Under Management (AUM) grew 16% YoY to Rs 58,236 crores, with Q3 disbursements up 14% to Rs 8,847 crores.
Net Interest Income (NII) for 9MFY26 rose 21% to Rs 2,475 crores, while Cost to Income ratio improved to 28.72%.
Asset quality saw a marginal decline with Net Stage 3 assets at 1.06% compared to 0.97% in the previous year.
Declared an interim dividend of 160% (Rs 16 per share) for the financial year 2025-26.

💡 Investors should focus on the company's best-in-class ROA of 2.67% and strong AUM growth, which outweigh the minor moderation in asset quality. The stock remains a high-quality play in the NBFC sector with consistent dividend payouts and strong capital adequacy of 19.1%.

Sundaram Finance Declares ₹16 Interim Dividend; Sets Feb 6 as Record Date

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 02 Feb 2026, 02:14 PM

Sundaram Finance Limited has declared an interim dividend of ₹16 per share (160%) for the financial year 2025-26. The Board has fixed February 6, 2026, as the record date for determining eligible shareholders. The dividend will be paid on or after February 25, 2026, to holders of the company's 11.11 crore equity shares. This announcement follows the Board meeting held on February 2, 2026, which concluded at 01:55 P.M.

Interim dividend of ₹16 per share (160% of face value) for FY 2025-26
Record date for determining shareholder eligibility is February 6, 2026
Dividend payment to be processed on or after February 25, 2026
Total paid-up capital involved is ₹111.10 crore across 11,11,03,860 shares

💡 Investors seeking dividend income should ensure they hold the stock before the ex-dividend date to qualify for the ₹16 payout. This consistent distribution reflects the company's stable financial health and commitment to shareholders.

Sundaram Finance Q3 PAT Rises 15% to ₹403 Cr; Declares ₹16 Interim Dividend

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 02 Feb 2026, 02:12 PM

Sundaram Finance reported a 15.4% YoY growth in standalone net profit to ₹402.87 crore for the quarter ended December 2025. Consolidated net profit for the same period grew by 18.8% YoY to ₹541.36 crore, driven by strong revenue from operations. The company declared an interim dividend of ₹16 per share (160%) with a record date of February 6, 2026. Asset quality remains healthy with Gross Stage 3 loans at 1.06%, despite a one-time exceptional charge of ₹66 crore related to new labor codes.

Standalone PAT grew 15.4% YoY to ₹402.87 crore in Q3 FY26
Consolidated PAT increased 18.8% YoY to ₹541.36 crore
Declared an interim dividend of ₹16 per share (160% of face value)
Gross Stage 3 loans stood at 1.06% compared to 0.97% in the previous year
Consolidated Revenue from Operations rose 14.8% YoY to ₹2,513.95 crore

💡 Investors should take note of the steady profit growth and robust dividend payout as indicators of financial stability. The stock remains a strong candidate for long-term portfolios given its consistent performance and healthy capital adequacy of 19.07%.

View All SUNDARMFIN Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total Revenue from Operations for H1FY26 reached INR 4,734.57 Cr, a 17.3% increase from INR 4,036.27 Cr in H1FY25. The Asset Financing segment contributed INR 4,378.07 Cr (up 17.8% YoY), while the 'Others' segment contributed INR 357.35 Cr (up 10.8% YoY).

Geographic Revenue Split

Not explicitly disclosed in available documents, though the company operates across India with a focus on rural and urban entrepreneurs in segments like road transport and MSME.

Profitability Margins

Profit After Tax (PAT) for H1FY26 grew 27% to INR 823 Cr compared to INR 648 Cr in H1FY25. Return on Assets (ROA) improved to 2.72% from 2.50% YoY. Return on Equity (ROE) stood at 15.9% for H1FY26 compared to 14.2% in H1FY25.

EBITDA Margin

Profit from operations increased by 16% in H1FY26. The Cost to Income ratio improved significantly to 29.60% in H1FY26 from 31.91% in H1FY25, driven by meticulous management of operating costs and higher dividend income of INR 137 Cr (up 218% YoY).

Capital Expenditure

Not disclosed in available documents as the company is a financial services provider; however, total segment assets for Asset Financing stood at INR 77,204.15 Cr as of September 2025.

Credit Rating & Borrowing

The company maintains a 'AAA' credit rating. Cost of borrowing is managed meticulously to align with this rating, contributing to a 27% growth in PAT through optimized margins.

⚙️ Operational Drivers

Raw Materials

Capital/Debt represents 100% of the primary 'raw material' for lending operations. Total liabilities stood at INR 67,086.69 Cr as of September 30, 2025.

Import Sources

Not applicable for a financial services company; capital is sourced from domestic debt markets, deposits, and institutional borrowings.

Key Suppliers

Not applicable; however, the company relies on a diverse base of depositors (80%+ renewal rate) and institutional investors including SBI AMC, Kotak Group, and ICICI Prudential Life.

Capacity Expansion

Assets Under Management (AUM) stood at INR 55,419 Cr as of September 30, 2025, representing a 15% YoY growth from INR 48,058 Cr. Disbursements for H1FY26 grew 12% to INR 15,423 Cr.

Raw Material Costs

Interest expenses and cost of funds are the primary costs. The company achieved meaningful improvements in yields and tight control on borrowing costs to drive a 27% PAT growth.

Manufacturing Efficiency

Measured by collection efficiency; current demand collection for H1FY26 was 91%. Asset quality remains a focus with Gross Stage 3 assets at 2.03%.

Logistics & Distribution

Distribution is handled through a technology-enabled high-touch model. Distribution services include fixed deposits, mutual funds, and insurance products.

📈 Strategic Growth

Expected Growth Rate

15%

Growth Strategy

Growth will be achieved by extending market share in buoyant segments like Tractors (up 27% YoY) and LCVs (up 20% YoY). The company uses a technology-enabled, data-powered approach to serve underserved MSME and transport entrepreneurs while optimizing margins through prudent asset class and customer segment mix.

Products & Services

Loans for Cars, Commercial Vehicles, Construction Equipment, and Tractors; SME Financing; Leasing; Working Capital Finance (Diesel, Tyre, Insurance); Mutual Funds; Home Loans; and General Insurance.

Brand Portfolio

Sundaram Finance, Sundaram Home Finance, Sundaram Asset Management, Sundaram Alternate Assets, Royal Sundaram General Insurance.

New Products/Services

Sundaram Credit Line and expanded SME/Supply Chain financing are part of the commercial lending portfolio aimed at the aspiring Indian entrepreneur.

Market Expansion

Focus on underserved but aspiring Indian entrepreneurs including road transport operators, small farmers, and MSME owners across India.

Market Share & Ranking

The company held or extended market share across nearly all asset classes in H1FY26 despite a challenging industry environment.

Strategic Alliances

Joint Venture with Royal Sundaram General Insurance Co. Limited; various subsidiaries for Asset Management and Home Finance.

🌍 External Factors

Industry Trends

Industry sales growth has been low single-digit. However, specific segments like LCV (+20%) and Tractors (+27%) are showing strong recovery, while MHICV remains flat. The industry is shifting toward data-powered lending.

Competitive Landscape

Competes with other NBFCs and banks in the vehicle and MSME finance space; maintains competitive edge through the 'Sundaram Experience' and deep customer relationships.

Competitive Moat

The 'Sundaram Way' (Prudence, Integrity, Discipline) and a 70-year legacy create a strong brand moat. This is evidenced by an 80%+ renewal rate on deposits and a consistent 'AAA' rating, providing a sustainable cost-of-funds advantage.

Macro Economic Sensitivity

Highly sensitive to rural sentiment (impacting tractor sales, +27%) and infrastructure activity (impacting MHICV and Construction Equipment).

Consumer Behavior

Shift toward technology-enabled high-touch service and increasing demand for credit among rural entrepreneurs and MSMEs.

Geopolitical Risks

Indirect impact through fuel prices and global supply chain disruptions affecting the automotive industry and transport operator profitability.

⚖️ Regulatory & Governance

Industry Regulations

Compliant with RBI asset classification norms; Gross NPA as per RBI is 2.80% and Net NPA is 1.79% as of September 2025. Fully compliant with SEBI Listing Obligations and Disclosure Requirements (LODR).

Taxation Policy Impact

Not explicitly detailed, but PAT is reported after tax at INR 823 Cr for H1FY26.

Legal Contingencies

The company reported three investor complaints received and resolved during the year; none were pending as of March 31, 2025. No material pending court cases with values were disclosed in the provided text.

⚠️ Risk Analysis

Key Uncertainties

Asset quality deterioration is a key risk, with Net Stage 3 assets rising from 0.89% to 1.13% YoY. Industry-wide low growth in vehicle sales (single digits) poses a volume risk.