Sundram Fasteners Ltd share price logo

Sundram Fasteners Ltd (SUNDRMFAST)

₹1404.10.66%

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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 ₹1424

Source: S&P Global Market Intelligence

Sundram Fasteners Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,399.65
    ₹1,442.2
  • 52 Week's Low

    52 Week's High

    ₹1,003.05
    ₹1,505.95
1 Month Return+ 4 %
3 Month Return+ 33.2 %
1 Year Return+ 15.04 %
Previous Close₹1,394.85
Open₹1,400.95
Volume52.41K
Upper Circuit-
Lower Circuit-
Market Cap₹29,504.12Cr

Key Statistics

P/E Ratio56.55
PEG Ratio43.84
Market Cap₹29,504.12 Cr
P/B Ratio7
EPS15.54

Mutual Fund Holdings

Funds HoldingsPrev. 6M
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option1.62%
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth0.76%
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.5%
SBI Large & Midcap Fund Direct GrowthSBI Large & Midcap Fund Direct Growth0.95%
Tata Large & Mid Cap Fund Direct Plan GrowthTata Large & Mid Cap Fund Direct Plan Growth2.47%

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: ₹1404.10 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹29,504.12Cr as of today
Revenue: ₹1,466.48Cr as on March 2024 (Q1 24)
Net Profit: ₹134.41Cr as on March 2024 (Q1 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

  • Sundram Fasteners Ltd's EPS Growth Slower Than Share Price Growth - 30 Jun, 2024

    Sundram Fasteners achieved compound earnings per share (EPS) growth of 2.7% per year, slower than the share price growth of 22% per year over the same period. The favorable

  • Sundram Fasteners Expands Capacity to Meet Growing EV Orders - 17 Jun, 2024

    Sundram Fasteners is expanding capacity at its factories in Chennai to meet the growing demand for electric vehicle (EV) orders, which currently stand at around ₹4,000 crore. The company plans a capex of ₹350-400 crore this year and expects the share of non-automotive revenue to increase from 30% to 50% over the next five years.

  • Sundram Fasteners' ROE Looks Promising - 14 Jun, 2024

    Sundram Fasteners has a respectable ROE that compares favorably to the industry average. The company's future ROE is expected to rise to 21% over the next three years due to an anticipated drop in payout ratio. Sundram Fasteners stock has risen by 27% over the last three months.

  • Sharekhan Gives Buy Rating to Sundram Fasteners with Target Price of Rs 1460 - 12 Jun, 2024

    Sundram Fasteners' Q4 EBITDA beats estimates at Rs 228 crore. Sharekhan expects positive outlook for wind energy segment, traction in export revenue, new orders in EV segment, and successful execution of existing orders in EV and non-auto space.

  • Sundram Fasteners Declares Interim Dividend - 03 Jun, 2024

    Sundram Fasteners Limited has declared an interim dividend of Rs 4.17 per equity share with a record date of June 3.

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

    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 2 quarters, 128.66 Cr → 133.55 Cr (in ₹), with an average increase of 3.7% per quarter

  • 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 3 months, SUNDRMFAST stock has moved up by 32.7%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.39K Cr → 1.47K Cr (in ₹), with an average increase of 5.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Samvardhana Motherson International Ltd has given 98.6% return, outperforming this stock by 82.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 319.9% return, outperforming this stock by 231.9%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • 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
Q'1 24Q/Q Change
Revenue
₹1,466.48Cr
↑7.26%
Net Income
₹134.41Cr
↑3.84%
Net Profit Margin
9.17%
↓3.17%
2024Y/Y Change
Revenue
₹5,666.31Cr
↑0.06%
Net Income
₹525.64Cr
↑5.05%
Net Profit Margin
9.28%
↑4.98%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹4,403.20Cr
↑8.23%
Total Liabilities
₹1,123.98Cr
↓3.25%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹529.36Cr
↑33.69%

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

Sundram Fasteners Ltd Valuation

Sundram Fasteners Ltd in the last 5 years

  • Overview

  • Trends

Lowest (13.79x)

March 25, 2020

Today (56.55x)

July 24, 2024

Industry (62.47x)

July 24, 2024

Highest (60.64x)

March 16, 2021

LowHigh

Earnings and Dividends

  • Sundram Fasteners Ltd Earnings Results

    Sundram Fasteners Ltd’s net profit jumped 5.69% since last year same period to ₹133.55Cr in the Q4 2023-2024. On a quarterly growth basis, Sundram Fasteners Ltd has generated 3.8% 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 0.49%.

    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.

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Sundram Fasteners Ltd (SUNDRMFAST) share price today is ₹1404.1

Sundram Fasteners Ltd is listed on NSE

Sundram Fasteners Ltd is listed on BSE

  • Today’s highest price of Sundram Fasteners Ltd is ₹1442.2.
  • Today’s lowest price of Sundram Fasteners Ltd is ₹1399.65.

PE Ratio of Sundram Fasteners Ltd is 56.55

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 52.41K.

Today’s market capitalisation of Sundram Fasteners Ltd(SUNDRMFAST) is ₹29504.12Cr.

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

Sundram Fasteners Ltd(SUNDRMFAST) share price is ₹1404.1. It is down -6.76% from its 52 Week High price of ₹1505.95

Sundram Fasteners Ltd(SUNDRMFAST) share price is ₹1404.1. It is up 39.98% from its 52 Week Low price of ₹1003.05

Sundram Fasteners Ltd(SUNDRMFASTReturns
1 Day Returns
9.25%
1 Month Returns
4%
3 Month Returns
33.2%
1 Year Returns
15.04%