Sundaram Clayton Ltd

(SUNCLAY)

The Company was incorporated as a private limited company under the Companies Act 2013 with the name TVS Commodity Financial Solutions Private Limited and a certificate of incorporation dated August 29 2017 was issued by the Registrar of Companies. The name of the Company was changed to Sundaram Clayton DCD Private Limited pursuant to a special resolution passed by the shareholders of our Company on February 4 2022 and a fresh certificate of incorporation dated February 8 2022 was issued by the Registrar of Companies. Subsequently the Company was converted from a private limited company to a public limited company and consequently renamed as Sundaram Clayton DCD Limited pursuant to a special resolution passed by the shareholders of the Company on February 10 2022 and a fresh certificate of incorporation dated February 24 2022 was issued by the Registrar of Companies. Further the name was changed to the present name viz. SundaramClayton Limited pursuant to the Composite Scheme of Arrangement approved by the Honble NCLT Chennai vide its order dated March 6 2023 and a fresh certificate of incorporation dated August 30 2023 was issued by the Registrar of Companies.The Demerged Undertaking die casting division was part of erstwhile SundaramClayton Limited now known as TVS Holdings Limited and is one of the largest auto components manufacturing and distribution groups in India and is also a leading supplier of aluminium die castings to automotive and nonautomotive sector. The said die casting business is in operation from the year 1962 and has achieved many milestones and emerged as one of the preferred solution providers in machined and subassembled aluminium castings. The contribution commences from early design stage to development and supply of finished product. Over the years it has built strategic partnership with global original equipment manufacturers and Tier 1 Customers. As a part of the Composite Scheme of Arrangement the Demerged Undertaking was transferred to our Company effective from August 11 2023.The Company is part of the TVS Sundaram Clayton group and is an automotive component manufacturing company in India. The automotive components business comprises a diverse product offering catering to automotive and nonautomotive segments both in India and globally. The Company is also engaged in business of precision aluminium cast products and production of highpressure diecasting HPDC lowpressure diecasting LPDC and gravity diecastings GDC for twowheelers passenger vehicles LCVs and HCVs. The manufacturing facilities have equipment for production testing and quality assurance to produce a wide variety of aluminium castings used in the various product segments. The Companys facilities can produce GDC ranging in weight from 250g to 24 kg HPDC ranging in weight from 100g to 25 kg and LPDC ranging in weight from 2.5 kg to 18 kgs. This has been made possible with infrastructure that includes inhouse alloying 97 PDC machines of locking force ranging from 250 tonnes to 3200 tonnes 72 GDC stations 23 LPDC machines and 554 machining centres. The Company supplies a variety of machined castings to leading domestic and global vehicle OEMs and Tier 1 customers who are leading manufacturers of engines passenger vehicles 2W 4W and light and heavy vehicles. The Company delivers automotive component products to customers in more than seven countries including the United States Brazil Sweden Germany France UK and Japan amongst others. The Company has five manufacturing plants..

Share Price: ₹2239.05 per share as on 13 Sep, 2024 04:01 PM
Market Capitalisation: ₹3,884.26Cr as of today
Revenue: ₹580.43Cr as on June 2024 (Q2 24)
Net Profit: ₹-55.85Cr as on June 2024 (Q2 24)
Listing date: 29 Dec, 2023