Sundaram Brake Linings Ltd

Sundaram Brake Linings Ltd (SUNDRMBRAK)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-0.4 %
3 Month Return4.34 %
1 Year Return-12.15 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 458
Rank 463
Rank 529
Dividend Yield
Rank 186
Rank 298
Price To Book Ratio
Rank 353
Debt To Asset
Rank 529

Company Information

Sundaram Brake Linings SBLL formerly known as Sundaram Abex was incorporated in Sep.74 by T V Sundaram Iyengar Sons and its subsidiaries Southern Roadways and Sundaram Industries in collaboration with Abex Corporation US as a public limited company and commenced business in Sep.76. Prior to the disinvestment Abex Corporation was holding 16.57 of the companys equity which was divested in Jan.95.SBLL is in the business of automotive and industrial friction materials used in automobile commercial vehicles cars jeeps scooters tractors etc. Its manufacturing units are located at Padi Madras and Madurai.In 1978 it started exporting brake linings to developed countries. It is the first Indian company to manufacture asbestosfree brake linings in the country. SBLL is one of the main suppliers of brake linings to TELCO. It has also entered into a technical collaboration agreement with Frenos Sauleda Spain to manufacture asbestosfree woven clutch facings. It received the ISO 9002 certificate in Apr.92 and the ISO 9001 certificate in Aug.95.SBLL came out with a rights issue of PCDs in Oct.95 to partfinance its Rs 18.05 cr project to enhance production capacities at its existing units and set up a new unit at TSK Puram to manufacture asbestosfree products predominantly for exports. It received the National Award for Technology Development in 198990.In 199697 the company has established a new unit in TSK Puram near Madurai for the manufacture of Asbestosfree products for export markets. The company was chosen for the Productivity Award for 199899 by the Automotive Component Manufacturers Association of India ACMA. In the year 1998 the company imported the knowhow for manufacture of Disc Brake Pads for commercial vehicle but in the absence of required support from the technology provider the company could not absorb the technology and developed its own products which are under test trial as on March 2001. In the year 200001 the company exported its products to newer destinations of Chile Hungary Mexico and Venezuela.SBL is the fifth company outside japan to be awarded the prestigious Deming Application Prize for 2001 for its spearheading quality movement.
OrganisationSundaram Brake Linings Ltd
IndustryAuto Ancillaries