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Sundram Fasteners Ltd share price logo

Sundram Fasteners Ltd

(SUNDRMFAST)

₹1376.550.01%

as on 04:01PM, 18 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 3 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 3 analysts offering long term price targets for Sundram Fasteners Ltd. An average target of ₹1479.33

Source: S&P Global Market Intelligence

Sundram Fasteners Ltd Share analysis

Sundram Fasteners Ltd price forecast by 3 analysts

Upside of7.45%

High

₹1576

Target

₹1479.33

Low

₹1400

Sundram Fasteners Ltd target price ₹1479.33, a slight upside of 7.45% compared to current price of ₹1376.55. According to 3 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,365.05
    ₹1,386.75
  • 52 Week's Low

    52 Week's High

    ₹1,003.05
    ₹1,505.95
1 Month Return+ 1.52 %
3 Month Return+ 6.59 %
1 Year Return+ 10.88 %
Previous Close₹1,376.70
Open₹1,378.05
Volume40.42K
Upper Circuit-
Lower Circuit-
Market Cap₹28,928.37Cr

Key Statistics

P/E Ratio53.97
PEG Ratio22.77
Market Cap₹28,928.37 Cr
P/B Ratio7
EPS25.02
Dividend Yield0.63
SectorAuto Ancillaries
ROE15.51

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹28,928.37 Cr43.95%0.55₹525 Cr₹5,666 Cr
HOLD₹60,427.87 Cr108.21%0.61₹924 Cr₹14,030 Cr
BUY₹46,308.35 Cr21.27%0.58₹517 Cr₹3,184 Cr
HOLD₹74,312.60 Cr59.78%0.68₹910 Cr₹15,682 Cr
HOLD₹33,868.80 Cr32.67%0.50₹680 Cr₹10,240 Cr

Company Information

Sundram Fasteners Ltd is a leading global automotive component manufacturer and supplier based in Chennai, India. Incorporated in 1962, the company is led by CEO and offers a wide range of automotive components, including fasteners, plastic components, assemblies, and forgings. The company is a supplier to some of the world's leading automotive brands, including Toyota, Honda, and Volkswagen.

Sundram Fasteners Ltd operates in four lines of business: fasteners, plastic components, assemblies, and forgings. The company produces a variety of fasteners, such as nuts, bolts, screws, and rivets. It also produces plastic components, such as fuel tanks, bumpers, and interior trim. Sundram Fasteners Ltd manufactures assemblies for steering, suspension, and engine systems, and produces forgings for connecting rods and crankshafts.

Sundram Fasteners Ltd's top products include wheel nuts, wheel bolts, u-bolts, and plastic fuel tanks. The company produces these products under its own brand, as well as popular brands such as Toyota, Honda, and Volkswagen.

Share Price: ₹1376.55 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹28,928.37Cr as of today
Revenue: ₹1,497.67Cr as on June 2024 (Q2 24)
Net Profit: ₹142.69Cr as on June 2024 (Q2 24)
Listing date: 20 Jan, 1995
Chairperson Name: Suresh Krishna
OrganisationSundram Fasteners Ltd
HeadquartersChennai
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Sundram Fasteners Ltd

  • No Further Stake Dilution in Sundram Fasteners - 16 Aug, 2024

    Sundram Fasteners' Chairman announced no further stake dilution following TVS Sundram Fasteners' recent divestment of 1.57% stake for INR 434 crore.

  • Sundram Fasteners Stake Sale and No Further Dilution - 14 Aug, 2024

    TVS Sundram Fasteners sold a 1.57% stake for Rs 434 crore, with no plans for further dilution confirmed by the company. SBI Mutual Fund acquired shares in the transaction.

  • Stake Sales and Price Surge for Sundram Fasteners - 13 Aug, 2024

    Preethi Krishna plans to sell part of her stake in TVS Sundram Fasteners. Meanwhile, TVS Sundram Fasteners sold a 1.57% stake for Rs 434 crore, leading to a 3% rise in share price.

Insights on Sundram Fasteners Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 12.59% to 13.15% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, SUNDRMFAST stock has moved up by 10.9%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 14.58% to 14.96% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 128.66 Cr → 141.83 Cr (in ₹), with an average increase of 4.8% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 1.39K Cr → 1.50K Cr (in ₹), with an average increase of 3.5% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Cummins India Ltd has given 122.8% return, outperforming this stock by 111.9%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 48.51% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 290.8% return, outperforming this stock by 241.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 20.25% to 19.64% in Jun 2024 quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹1,410.76Cr (-)₹1,421.82Cr (↑0.78%)₹1,367.25Cr (↓3.84%)₹1,466.48Cr (↑7.26%)₹1,497.67Cr (↑2.13%)
Net Income₹128.74Cr (-)₹133.05Cr (↑3.35%)₹129.44Cr (↓2.71%)₹134.41Cr (↑3.84%)₹142.69Cr (↑6.16%)
Net Profit Margin9.13% (-)9.36% (↑2.52%)9.47% (↑1.18%)9.17% (↓3.17%)9.53% (↑3.93%)
Value in ₹ crore
Details2021202220232024
Total Assets₹3,496.04Cr (-)₹3,764.61Cr (↑7.68%)₹4,068.41Cr (↑8.07%)₹4,403.20Cr (↑8.23%)
Total Liabilities₹1,163.00Cr (-)₹1,219.34Cr (↑4.84%)₹1,161.75Cr (↓4.72%)₹1,123.98Cr (↓3.25%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹660.18Cr (-)₹413.93Cr (↓37.30%)₹366.42Cr (↓11.48%)₹395.95Cr (↑8.06%)₹529.36Cr (↑33.69%)

Index Inclusions

S&P BSE 150 MidCap

₹16,861.43

-0.74 (-126.15%)

Nifty LargeMidcap 250

₹16,673.25

-0.45 (-74.8%)

S&P BSE 400 MidSmallCap

₹12,848.57

-0.62 (-80.01%)

BSE 500

₹37,668.29

-0.37 (-138.15%)

BSE Small-Cap

₹56,915.93

-0.52 (-299.02%)

S&P BSE AllCap

₹11,026.27

-0.37 (-41.39%)

BSE Auto

₹58,224.13

-0.48 (-278.22%)

Nifty Midcap 150

₹22,079.90

-0.7 (-155.45%)

Nifty MidSmallcap 400

₹20,837.05

-0.57 (-119.45%)

S&P BSE 250 LargeMidCap

₹11,133.40

-0.36 (-40.47%)

Nifty 500

₹23,898.65

-0.3 (-71.25%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
48.51%
0.00
Foreign Institutions
13.15%
4.44
Mutual Funds
14.96%
2.59
Retail Investors
19.64%
-3.01
Others
3.74%
-8.02

Key Indicators

Details20202021202220232024
Return On Equity %1615.0916.717.0115.51
Details20202021202220232024
Return On Assets %10.0310.2712.1312.1611.85
Details20202021202220232024
Book Value Per Share (₹)95111.71124.76143.54162.81
Details20202021202220232024
Earning Per Share (₹)15.5417.2621.9823.8125.02

Sundram Fasteners Ltd Valuation

Sundram Fasteners Ltd in the last 5 years

  • Overview

  • Trends

Lowest (13.79x)

March 25, 2020

Today (53.97x)

September 17, 2024

Industry (56.58x)

September 17, 2024

Highest (60.64x)

March 16, 2021

LowHigh

Earnings and Dividends

  • Sundram Fasteners Ltd Earnings Results

    Sundram Fasteners Ltd’s net profit jumped 11.15% since last year same period to ₹141.83Cr in the Q1 2024-2025. On a quarterly growth basis, Sundram Fasteners Ltd has generated 6.2% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Sundram Fasteners Ltd Dividends May,2024

    In the quarter ending March 2024, Sundram Fasteners Ltd has declared dividend of ₹4.17 - translating a dividend yield of 0.50%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Sundram Fasteners Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Sundram Fasteners Ltd (SUNDRMFAST) share price today is ₹1376.55

Sundram Fasteners Ltd is listed on NSE

Sundram Fasteners Ltd is listed on BSE

  • Today’s highest price of Sundram Fasteners Ltd is ₹1386.75.
  • Today’s lowest price of Sundram Fasteners Ltd is ₹1365.05.

PE Ratio of Sundram Fasteners Ltd is 53.97

PE ratio = Sundram Fasteners Ltd Market price per share / Sundram Fasteners Ltd Earnings per share

Today’s traded volume of Sundram Fasteners Ltd(SUNDRMFAST) is 40.42K.

Today’s market capitalisation of Sundram Fasteners Ltd(SUNDRMFAST) is ₹28928.37Cr.

Sundram Fasteners Ltd(SUNDRMFASTPrice
52 Week High
₹1505.95
52 Week Low
₹1003.05

Sundram Fasteners Ltd(SUNDRMFAST) share price is ₹1376.55. It is down -8.59% from its 52 Week High price of ₹1505.95

Sundram Fasteners Ltd(SUNDRMFAST) share price is ₹1376.55. It is up 37.24% from its 52 Week Low price of ₹1003.05

Sundram Fasteners Ltd(SUNDRMFASTReturns
1 Day Returns
-0.15%
1 Month Returns
1.52%
3 Month Returns
6.59%
1 Year Returns
10.88%