SUNDRAM FASTENERS LIMITED Financials Sundram Fasteners Limited
Equities
SUNDRMFAST
INE387A01021
Auto, Truck & Motorcycle Parts
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,134 INR | +1.48% |
|
+5.88% | -9.24% |
| 04-16 | Crisil Keeps A1+ Rating on Sundram Fasteners' Short-term Debt | MT |
| 03-26 | Sundram Fasteners Limited Receives Order from the Commission of Customs | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 119,027 | 61,463 | 168,197 | 189,074 | 205,506 | 238,181 | - | - |
| Enterprise Value (EV) 1 | 119,027 | 61,463 | 173,934 | 196,047 | 205,506 | 241,863 | 241,102 | 239,826 |
| P/E ratio | 26 x | 18.9 x | 46.8 x | 41.4 x | 41.5 x | 44.2 x | 33.1 x | 26.4 x |
| Yield | 0.9% | 1.42% | 0.59% | 0.72% | - | 0.57% | 0.57% | - |
| Capitalization / Revenue | 2.61 x | 1.65 x | 4.62 x | 3.86 x | 3.63 x | 4.13 x | 3.6 x | 3.08 x |
| EV / Revenue | 2.61 x | 1.65 x | 4.77 x | 4 x | 3.63 x | 4.2 x | 3.65 x | 3.1 x |
| EV / EBITDA | 14.9 x | 10.4 x | 26.2 x | 24.5 x | 24.1 x | 26.3 x | 20.9 x | 17 x |
| EV / FCF | - | 15.6 x | 66.8 x | 104 x | 89.2 x | 59.2 x | 91.3 x | 68 x |
| FCF Yield | - | 6.41% | 1.5% | 0.96% | 1.12% | 1.69% | 1.09% | 1.47% |
| Price to Book | - | - | 7.17 x | 7.21 x | 6.81 x | 7.01 x | 6.03 x | 4.96 x |
| Nbr of stocks (in thousands) | 210,128 | 210,128 | 210,128 | 210,128 | 210,128 | 210,128 | - | - |
| Reference price 2 | 566.4 | 292.5 | 800.4 | 899.8 | 978.0 | 1,134 | 1,134 | 1,134 |
| Announcement Date | 09/05/19 | 11/06/20 | 06/05/21 | 22/04/22 | 04/05/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 45,579 | 37,232 | 36,443 | 49,021 | 56,628 | 57,645 | 66,088 | 77,453 |
| EBITDA 1 | 8,004 | 5,929 | 6,641 | 8,014 | 8,535 | 9,184 | 11,552 | 14,082 |
| EBIT 1 | - | 4,230 | 4,844 | 6,106 | 6,555 | 7,360 | 9,445 | 11,510 |
| Operating Margin | - | 11.36% | 13.29% | 12.46% | 11.58% | 12.77% | 14.29% | 14.86% |
| Earnings before Tax (EBT) 1 | - | - | 4,857 | 6,212 | 6,607 | 7,212 | 9,408 | 11,572 |
| Net income 1 | 4,575 | 3,249 | 3,592 | 4,567 | 4,947 | 5,388 | 7,191 | 9,030 |
| Net margin | 10.04% | 8.73% | 9.86% | 9.32% | 8.74% | 9.35% | 10.88% | 11.66% |
| EPS 2 | 21.77 | 15.46 | 17.10 | 21.74 | 23.54 | 25.67 | 34.23 | 42.97 |
| Free Cash Flow 1 | - | 3,942 | 2,605 | 1,887 | 2,304 | 4,088 | 2,640 | 3,526 |
| FCF margin | - | 10.59% | 7.15% | 3.85% | 4.07% | 7.09% | 3.99% | 4.55% |
| FCF Conversion (EBITDA) | - | 66.49% | 39.22% | 23.55% | 27% | 44.51% | 22.85% | 25.04% |
| FCF Conversion (Net income) | - | 121.35% | 72.52% | 41.33% | 46.58% | 75.88% | 36.71% | 39.05% |
| Dividend per Share 2 | 5.100 | 4.150 | 4.700 | 6.450 | - | 6.500 | 6.500 | - |
| Announcement Date | 09/05/19 | 11/06/20 | 06/05/21 | 22/04/22 | 04/05/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 11,124 | 12,423 | 12,075 | 13,398 | 14,101 | 14,016 | 14,030 | 14,108 | 14,019 | 13,964 | 14,277 |
| EBITDA | 2,004 | 2,184 | 1,910 | 1,915 | 2,255 | - | - | - | 2,409 | 2,168 | 2,216 |
| EBIT | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | 1,632 | 1,671 | 1,471 | 1,439 | 1,796 | - | 1,565 | - | 1,909 | 1,678 | 1,609 |
| Net income 1 | 1,196 | 1,225 | 1,081 | 1,065 | 1,360 | - | 1,170 | 1,276 | 1,315 | 1,300 | 1,248 |
| Net margin | 10.75% | 9.86% | 8.95% | 7.95% | 9.65% | - | 8.34% | 9.04% | 9.38% | 9.31% | 8.74% |
| EPS | 5.690 | - | 5.150 | 5.070 | 6.470 | - | 5.570 | - | 6.900 | 6.000 | 5.700 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 12/08/21 | 11/11/21 | 10/02/22 | 22/04/22 | 29/07/22 | 08/11/22 | 01/02/23 | 27/07/23 | - | - | - |
1INR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 5,736 | 6,974 | - | 3,682 | 2,921 | 1,645 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 0.8638 x | 0.8702 x | - | 0.4009 x | 0.2529 x | 0.1168 x |
| Free Cash Flow 1 | - | 3,942 | 2,605 | 1,887 | 2,304 | 4,088 | 2,640 | 3,526 |
| ROE (net income / shareholders' equity) | 26.8% | 16.8% | 16.5% | 18.4% | 17.6% | 16.8% | 19.4% | 20.7% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | - | 112.0 | 125.0 | 144.0 | 162.0 | 188.0 | 229.0 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 5,949 | 3,235 | 1,936 | 2,037 | 2,385 | 3,585 | 3,856 | 3,211 |
| Capex / Sales | 13.05% | 8.69% | 5.31% | 4.16% | 4.21% | 6.22% | 5.83% | 4.15% |
| Announcement Date | 09/05/19 | 11/06/20 | 06/05/21 | 22/04/22 | 04/05/23 | - | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
1,134
INR
Average target price
1,391
INR
Spread / Average Target
+22.69%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -9.24% | 2.81B | |
| +26.07% | 48.82B | |
| +23.77% | 20.08B | |
| -13.30% | 19.02B | |
| +33.27% | 17.43B | |
| -3.59% | 14.97B | |
| -15.44% | 13.69B | |
| -20.44% | 13B | |
| +33.81% | 11.96B | |
| +27.60% | 10.65B |
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- Financials Sundram Fasteners Limited
