Sundaram Finance
5,362.00
+41.00(+0.77%)
Market Cap₹59,573.89 Cr
PE Ratio28.74
Company Performance:
1D+0.77%
1M+2.08%
6M+19.08%
1Y+18.71%
5Y+143.59%
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More news about Sundaram Finance
03Nov 25
Sundaram Finance Reports Record Disbursements and Strong Quarterly Growth
Sundaram Finance, a leading non-banking financial company, has announced impressive financial results. The company achieved record total disbursements of ₹15,423 crores, with quarterly disbursements rising 18% to ₹8,113 crores. Profit after tax increased by 27% to ₹823 crores, while assets under management grew 15.3% to ₹55,419 crores. These results indicate strong market demand for Sundaram Finance's services and effective operational management.
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09Sept 25
Sundaram Home Finance Expands to Karnataka, Targets Rs 60 Crore Disbursements
Sundaram Home Finance, a subsidiary of Sundaram Finance, is entering the Karnataka market, focusing on Tier II and III towns. The company aims to disburse Rs 60 crore in its first year of operations in the state. It plans to open 8-10 branches for its Emerging Business segment, which offers small business loans up to Rs 20 lakh and affordable housing finance up to Rs 40 lakh. The company already operates over 50 branches in this category in Tamil Nadu and Andhra Pradesh, having disbursed Rs 200 crore last year. The expansion is driven by Karnataka's potential in affordable housing finance, supported by government initiatives.
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05Sept 25
Sundaram Finance Approves De-merger of Fund Accounting Business Between Subsidiaries
Sundaram Finance Limited's Board has granted in-principle approval for a de-merger of its fund accounting business. The plan involves transferring this business from Sundaram Fund Services Limited to Sundaram Asset Management Company Limited, both wholly owned subsidiaries of Sundaram Finance. The de-merger will be executed through a Scheme of Arrangement under Sections 230 to 232 of the Companies Act, 2013. This move suggests a strategic realignment of Sundaram Finance's subsidiary operations, potentially aiming to streamline operations and enhance efficiency.
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04Aug 25
Sundaram Finance Reports Robust Q1 Performance with 17% AUM Growth
Sundaram Finance, a leading NBFC, reported robust Q1 financial results. Assets Under Management (AUM) increased by 17% year-over-year to ₹53,278.00 crores. Disbursements rose 6% to ₹7,310.00 crores. Consolidated net profit improved by 8.05% to ₹4.70 billion from ₹4.35 billion in the previous year. The company's performance indicates strong growth and operational efficiency in the NBFC sector.
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26May 25
Sundaram Finance's Q4 Profit Doubles, Declares ₹21 Final Dividend
Sundaram Finance reported impressive Q4 results with revenue up 4.80% to ₹2,259.00 crore and net profit doubling to ₹553.00 crore. The company declared a final dividend of ₹21 per share, bringing the total dividend for the fiscal year to ₹35 per share. The board also approved the re-appointment of Ganesh Lakshminarayan as an Independent Director for five years.
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15May 25
Sundaram Finance Raises ₹1,200 Crore Through Bond Issue at 7.1584% Yield
Sundaram Finance, a leading NBFC, has successfully raised ₹1,200 crore (approx. $140.17 million) through a bond issue. The company accepted bids for three-year bonds at a yield of 7.1584%. This fundraising effort demonstrates strong investor confidence and highlights Sundaram Finance's effective capital management strategy. The funds are expected to enhance the company's lending capabilities and support growth initiatives in the NBFC sector.
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27Mar 25
Sundaram Finance Plans Massive Fund Raise of Up to ₹130 Billion Through NCD Private Placement
Sundaram Finance Limited's board has approved a proposal to raise up to ₹130.00 billion through private placement of Non-Convertible Debentures (NCDs). This significant capital-raising initiative aims to strengthen the company's financial position, potentially funding business expansion, debt refinancing, operational enhancements, or improving market positioning. The move reflects confidence in Sundaram Finance's business model and future prospects in the Indian financial services sector.
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Sundaram Finance
5,362.00
+41.00
(+0.77%)
1 Year Returns:+18.71%
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