performance highlights 9mfy20 · consolidated results ₹in cr. book value (₹) 541.88 568.29...
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PERFORMANCE HIGHLIGHTS9MFY20
Disbursements and AUM ₹ in Crore % Growth
1273912246
2811430502
11000
15000
19000
23000
27000
31000
35000
3000
5000
7000
9000
11000
13000
9MFY19 9MFY20 31-Dec-2018 31-Dec-2019
-3.9%4.9%
14.4% 8.5%
Disbursements AUM
AUM - Assets Under Management
Disbursements
52.0%
25.6%
10.9%
6.6%4.9%
9MFY20
CVs Cars Construction Equipment Tractors Others
₹ 12246 Cr.52.8%
26.1%
10.9%
5.5% 4.7%9MFY19
CVs Cars Construction Equipment Tractors Others
₹ 12739 Cr.
Ass
et
wis
e
62.7%
21.0%
12.3%
4.0%
South North West East
₹ 12246 Cr.
Re
gio
n w
ise
65.3%
19.3%
11.7%
3.7%
South North West East
₹ 12739 Cr.
AUM
52.6%
25.6%
10.1%
5.8%5.9%
31-Dec-2019
CVs Cars Construction Equipment Tractors Others
₹ 30502 Cr.52.7%
27.7%
9.3%
5.3% 5.0%31-Dec-2018
CVs Cars Construction Equipment Tractors Others
₹ 28114 Cr.
Ass
et
wis
e
64.2%
19.6%
12.5%
3.7%
South North West East
₹ 30502 Cr.
Re
gio
n w
ise
65.2%
18.7%
12.5%
3.6%
South North West East
₹ 28114 Cr.
Funding Mix
39.3%
20.1%
24.1%
11.0%
5.5%
39.2%
20.4%
25.5%
11.6%
3.3%
43.9%
17.3% 15.6%
12.7%10.5%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
Debentures Securitisation BankBorrowings *
Deposits CommercialPaper
31-Dec-2018 31-Mar-2019 31-Dec-2019
TotalBorrowing
31-Dec-2018 31-Mar-2019 31-Dec-2019
₹ 26788 Cr. ₹ 26673 Cr. ₹ 29206 Cr.
* Includes a) Term loans b) Commercial Papers and demand loans availed from the limits.
Profit & Loss Statement₹ in Cr.
FY19 Particulars 9MFY20 9MFY19
3285.98Revenue From Operations 2873.14 2411.5120.56Other Income 73.23 13.13
3306.54Total Revenue 2946.37 2424.64
1766.47Finance cost 1556.39 1288.91
537.45Operating expenses 439.72 399.29107.33Impairment on financial instruments 170.70 64.72895.28Profit Before Tax and exceptional item 779.55 671.72592.43Exceptional Item - -361.40Tax 186.50 220.17
1126.31Profit After Tax and exceptional item 593.06 451.562.78Other Comprehensive Income (net of taxes) 58.52 1.04
1129.09Total Comprehensive Income for the period year 651.58 452.591. Revenue from Operations is net of depreciation on Operating lease.2. Other income for 9MFY20 includes ₹ 60.05 Cr. towards profit on sale of shares in Sundaram Finance Holdings Limited(SFHL).3. Exceptional item represents, sale of stake in Royal Sundaram General Insurance Co. Limited (RSGI) to Ageas Insurance International N.V,
The Netherlands in Feb 2019.4. Consequent to the share purchase agreement executed by the Company for divestment of its shareholding in Equifax Credit Information
Services Private Limited, the gain on such shareholding is reflected as Fair Value Through Other Comprehensive Income.5. The company has declared Interim dividend of ₹ 10 per share (100%) for the financial year ending 31st March 2020.
Balance Sheet₹ in Cr.
31-Mar-2019Particulars 31-Dec-2019 31-Dec-2018
EQUITY AND LIABILITIES
25530.90Financial Liabilities 27811.21 25143.17
74.46Non Financial Liabilities 64.50 63.25
5043.81Equity 5536.94 4433.06
30649.18Total - EQUITY AND LIABILITIES 33412.65 29639.48
ASSETS
30081.43Financial Assets 32775.47 29119.06
567.74Non Financial Assets 637.18 520.42
30649.18Total – ASSETS 33412.65 29639.48
44335044
5537
399454
498
250
300
350
400
450
500
550
500
1500
2500
3500
4500
5500
6500
31-Dec-2018 31-Mar-2019 31-Dec-2019
Net worth (₹ in Cr.) Book value per share (₹)
5.65.0 4.9
17.0%
19.4%
17.6%
10.0%
11.0%
12.0%
13.0%
14.0%
15.0%
16.0%
17.0%
18.0%
19.0%
20.0%
1.0
2.0
3.0
4.0
5.0
6.0
31-Dec-2018 31-Mar-2019 31-Dec-2019
Debt Equity CRAR
Key Ratios
Portfolio Quality
1.90%
1.33%
2.79%
1.38%
0.83%
2.09%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
31-Dec-2018 31-Mar-2019 31-Dec-2019
Gross NPA % Net NPA %
Gross & Net NPA corresponds to stage 3 assets, calculated as per Expected Credit Loss model under Ind AS.
Branch Network
390169
67 42
South North West East
No. of Branches : 668 (PY 9M : 654)
No. of Employees : 4229 (PY 9M: 4050)31-Dec-2019
Subsidiaries, Joint Ventures & Associates
Subsidiaries
Sundaram Home Finance Limited
Sundaram Finance Holdings Limited
Sundaram Asset Management Company Limited
Sundaram Asset Management Singapore Pte. Limited
Sundaram Trustee Company Limited
Sundaram Fund Services Limited
(erstwhile Sundaram BNP Paribas Fund Services Limited)
Sundaram Business Services Limited
LGF Services Limited
Sundaram Alternate Assets Limited
Sundaram Finance Employee Welfare Trust
Joint Venture
Royal Sundaram General Insurance Co. Limited
Associates (SFHL)
Axles India Limited
Turbo Energy Private Limited
Transenergy Limited
Sundaram Dynacast Private Limited
Sundaram Hydraulics Limited
Flometallic India Private Limited
Dunes Oman LLC (FZC)
Consolidated Results₹ in Cr.
Book Value (₹) 541.88 568.29 597.72
582
765 *
596
0
200
400
600
800
1000
9MFY19 FY19 9MFY20
PAT
59686259
6585
1000
2000
3000
4000
5000
6000
7000
31-Dec-18 31-Mar-19 31-Dec-19
Net Worth
* Excludes Exceptional item (sale of stake in Royal Sundaram General Insurance Co. Limited (RSGI) to Ageas Insurance International N.V ,The Netherlands in Feb 2019).
EPS (₹) 52.83 69.47 54.09
Sundaram Home Finance
* annualised# as per prudential norms.
₹ in Cr.
FY19 Particulars 9MFY20 9MFY192449Disbursements 1723 182269% -Housing 69% 68%
31% -Non-Housing 31% 32%9064AUM 9507 8866
70% -Housing 70% 69%30% -Non-Housing 30% 31%
146PAT 136 12014.37EPS (₹) *17.94 *15.771252Net worth 1330 1226
123.66Book Value (₹) 131.41 121.09
2.95%Gross NPA # 3.97% 3.71%0.93%Net NPA 2.02% 1.41%
23.50%CAR # 22.4% 22.5%
115Branches 115 116755Employees 805 767
Royal Sundaram ` in Cr.
FY19Particulars 9MFY20 9MFY19
3196Gross Written Premium 2813 2458
113PAT * (12) 80
1102Net worth 1085 1058
108.1%Combined Operating Ratio 113.6% 108.1%
2105Employees 2331 2092
* For the nine months ended 31st Dec 2019, the company has provided ₹ 64.12 Cr. (net of tax)towards impairment in respect of exposure to DHFL.
Sundaram Asset Management₹ in Cr.
FY19Particulars 9MFY20 9MFY19
35656Average AUM 36222 36032
22603 -Equity 24581 22503
13053 -Debt 11641 13529
29PAT 22 18
198Net worth 203 187
354Employees 364 361
11,87,512Retail Investors 10,57,470 11,79,781
DisclaimerThis document is for information purposes only and is not and does not form part of an invitation/ offer / advertisement / advise topurchase or sell any securities of the Company.
The materials and information contained in the document are prepared by the Company and are correct and accurate, to the best of ourknowledge. No information contained herein has been independently verified by anyone else or approved by any regulatory authorities.No warranty is given as to their accuracy and the company does not accept any responsibility and shall not be liable for any direct orindirect loss caused, arising from and/or use of this document.
Forward-looking statements, if any, are subject to risks, uncertainties and assumptions that could cause actual results to differ materiallyfrom those contemplated by the relevant statement.
The contents of the website are subject to changes and reviews from time to time without notice. By accessing the site, you are deemedto accept the disclaimer clause.
Shri M RamaswamyChief Financial OfficerSundaram Finance Limited21, Patullos RoadChennai – 600002Phone(D) : 044 – 28881341Mail : [email protected]
Shri P ViswanathanSecretary & Compliance OfficerSundaram Finance Limited21, Patullos RoadChennai – 600002Phone(D) : 044 – 28881207Mail : [email protected]