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Sundram Fasteners is currently trading at Rs. 470.00, up by 0.20 points or 0.04% from its previous closing of Rs. 469.80 on the BSE.The scrip opened at Rs. 472.75 and has touched a high and low of Rs. 472.75 and Rs. 466.70 respectively. So far 1168 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 593.45 on 03-Apr-2019 and a 52 week low of Rs. 400.00 on 22-Aug-2019.Last one week high and low of the scrip stood at Rs. 497.45 and Rs. 466.70 respectively. The current market cap of the company is Rs. 9876.03 crore.The promoters holding in the company stood at 49.53%, while Institutions and Non-Institutions held 25.90% and 24.57% respectively.Sundram Fasteners has incorporated a new Wholly-Owned Subsidiary (WOS) company namely ‘TVS Engineering’ under the companies Act, 2013 with effect from February 10, 2020.Sundram Fasteners has become a supplier of choice to leading customers in the automotive and industrial segments worldwide.
A decrease of about -32.00% in the sales to Rs. 6928.00 millions was observed for the quarter ended December 2019. The sales stood at Rs. 10188.40 millions during the similar quarter previous year.The Net Profit of the company registered a slight decline of -7.59% to Rs. 1030.60 millions from Rs. 1115.30 millions.Operating Profit reported a sharp decline to 1245.40 millions from 1951.50 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 6928.00 10188.40 -32.00 24049.70 29859.70 -19.46 40023.40 34727.20 15.25 Other Income 84.20 19.80 325.25 168.70 269.40 -37.38 319.40 296.20 7.83 PBIDT 1245.40 1951.50 -36.18 4467.40 5871.70 -23.92 7688.30 6503.60 18.22 Interest 91.60 79.20 15.66 328.00 309.90 5.84 389.60 325.60 19.66 PBDT 1153.80 1872.30 -38.38 4139.40 5561.80 -25.57 7298.70 6178.00 18.14 Depreciation 342.50 279.00 22.76 1007.60 803.50 25.40 1098.50 980.70 12.01 PBT 811.30 1593.30 -49.08 3131.80 4758.30 -34.18 6200.20 5197.30 19.30 TAX -219.30 478.00 -145.88 459.40 1469.90 -68.75 1829.00 1522.60 20.12 Deferred Tax -419.80 76.90 -645.90 -264.60 191.80 -237.96 236.70 179.40 31.94 PAT 1030.60 1115.30 -7.59 2672.40 3288.40 -18.73 4371.20 3674.70 18.95 Equity 210.10 210.10 0.00 210.10 210.10 0.00 210.10 210.10 0.00 PBIDTM(%) 17.98 19.15 -6.15 18.58 19.66 -5.54 19.21 18.73 2.57
Sundram Fasteners is currently trading at Rs. 516.80, up by 4.00 points or 0.78% from its previous closing of Rs. 512.80 on the BSE.The scrip opened at Rs. 517.85 and has touched a high and low of Rs. 519.20 and Rs. 512.30 respectively. So far 746 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 593.45 on 03-Apr-2019 and a 52 week low of Rs. 400.00 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 533.00 and Rs. 500.00 respectively. The current market cap of the company is Rs. 10803.75 crore.The promoters holding in the company stood at 49.53%, while Institutions and Non-Institutions held 25.90% and 24.57% respectively.Sundram Fasteners has commenced commercial production at its new Plant situated at SEZ Unit, Sri City, Andhra Pradesh District with effect from January 27, 2020.Sundram Fasteners has become a supplier of choice to leading customers in the automotive and industrial segments worldwide.
Net sales declined -23.21% to Rs. 7668.20 million from Rs. 9986.20 millions.Profit after Tax for the quarter ended September 2019 saw a decline of -35.78% from Rs. 1106.60 millions to Rs. 710.70 millions.Operating profit for the quarter ended September 2019 decreased to 1453.50 millions as compared to 1993.50 millions of corresponding quarter ended September 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201909 201809 % Var 201909 201809 % Var 201903 201803 % Var Sales 7668.20 9986.20 -23.21 17121.70 19671.30 -12.96 40023.40 34727.20 15.25 Other Income 73.60 96.10 -23.41 84.50 249.60 -66.15 319.40 296.20 7.83 PBIDT 1453.50 1993.50 -27.09 3222.00 3920.20 -17.81 7688.30 6503.60 18.22 Interest 140.40 103.50 35.65 236.40 230.70 2.47 389.60 325.60 19.66 PBDT 1313.10 1890.00 -30.52 2985.60 3689.50 -19.08 7298.70 6178.00 18.14 Depreciation 338.10 266.00 27.11 665.10 524.50 26.81 1098.50 980.70 12.01 PBT 975.00 1624.00 -39.96 2320.50 3165.00 -26.68 6200.20 5197.30 19.30 TAX 264.30 517.40 -48.92 678.70 991.90 -31.58 1829.00 1522.60 20.12 Deferred Tax 67.90 59.20 14.70 155.20 114.90 35.07 236.70 179.40 31.94 PAT 710.70 1106.60 -35.78 1641.80 2173.10 -24.45 4371.20 3674.70 18.95 Equity 210.10 210.10 0.00 210.10 210.10 0.00 210.10 210.10 0.00 PBIDTM(%) 18.95 19.96 -5.05 18.82 19.93 -5.57 19.21 18.73 2.57
The company witnessed a 5.62% growth in the revenue at Rs. 10083.00 millions for the quarter ended March 2019 as compared to Rs. 9546.50 millions during the year-ago period.A humble growth in net profit of 15.04% reported in the quarter ended March 2019 to Rs. 1095.40 millions from Rs. 952.20 millions.The company reported a good operating profit of 1837.70 millions compared to 1793.50 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 10083.00 9546.50 5.62 40023.40 34727.20 15.25 40023.40 34727.20 15.25 Other Income 75.20 137.10 -45.15 319.40 296.20 7.83 319.40 296.20 7.83 PBIDT 1837.70 1793.50 2.46 7688.30 6503.60 18.22 7688.30 6503.60 18.22 Interest 79.70 84.60 -5.79 389.60 325.60 19.66 389.60 325.60 19.66 PBDT 1758.00 1708.90 2.87 7298.70 6178.00 18.14 7298.70 6178.00 18.14 Depreciation 298.50 251.70 18.59 1098.50 980.70 12.01 1098.50 980.70 12.01 PBT 1459.50 1457.20 0.16 6200.20 5197.30 19.30 6200.20 5197.30 19.30 TAX 364.10 505.00 -27.90 1829.00 1522.60 20.12 1829.00 1522.60 20.12 Deferred Tax 45.20 83.00 -45.54 236.70 179.40 31.94 236.70 179.40 31.94 PAT 1095.40 952.20 15.04 4371.20 3674.70 18.95 4371.20 3674.70 18.95 Equity 210.10 210.10 0.00 210.10 210.10 0.00 210.10 210.10 0.00 PBIDTM(%) 18.23 18.79 -2.99 19.21 18.73 2.57 19.21 18.73 2.57
Sundram Fasteners is currently trading at Rs. 572.00, up by 1.85 points or 0.32% from its previous closing of Rs. 570.15 on the BSE.The scrip opened at Rs. 568.50 and has touched a high and low of Rs. 580.00 and Rs. 568.50 respectively. So far 5000 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 688.00 on 29-Aug-2018 and a 52 week low of Rs. 481.55 on 04-Oct-2018.Last one week high and low of the scrip stood at Rs. 591.50 and Rs. 567.00 respectively. The current market cap of the company is Rs. 12028.80 crore.The promoters holding in the company stood at 49.53%, while Institutions and Non-Institutions held 23.14% and 27.32% respectively.Sundram Fasteners has incorporated a new wholly-owned subsidiary Company - `SUNFAST TVS’, under the companies Act, 2013 with effect from April 8, 2019.Sundram Fasteners has become a supplier of choice to leading customers in the automotive and industrial segments worldwide.
The Revenue for the quarter ended December 2018 of Rs. 10214.60 millions grew by 19.71 % from Rs. 8532.50 millions.Profit saw a slight increase of 21.30%to Rs. 1111.80 millions from Rs. 916.60 millions.Operating profit for the quarter ended December 2018 rose to 1945.70 millions as compared to 1513.70 millions of corresponding quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 10214.60 8532.50 19.71 29940.40 25180.70 18.90 34490.40 31715.40 8.75 Other Income 19.40 9.80 97.96 268.30 214.00 25.37 296.20 129.20 129.26 PBIDT 1945.70 1513.70 28.54 5850.60 4730.60 23.68 6503.60 5530.60 17.59 Interest 79.20 4.80 1550.00 309.90 261.40 18.55 325.60 363.20 -10.35 PBDT 1866.50 1508.90 23.70 5540.70 4469.20 23.98 6178.00 5143.70 20.11 Depreciation 278.00 242.70 14.54 800.00 729.00 9.74 980.70 897.70 9.25 PBT 1588.50 1266.20 25.45 4740.70 3740.20 26.75 5197.30 4246.00 22.40 TAX 476.70 349.60 36.36 1464.90 1017.60 43.96 1522.60 1091.20 39.53 Deferred Tax 76.80 17.20 346.51 191.50 96.40 98.65 179.40 77.60 131.19 PAT 1111.80 916.60 21.30 3275.80 2722.60 20.32 3674.70 3154.80 16.48 Equity 210.10 210.10 0.00 210.10 210.10 0.00 210.10 210.10 0.00 PBIDTM(%) 19.05 17.74 7.37 19.54 18.79 4.01 18.86 17.44 8.13
Sundram Fasteners is currently trading at Rs. 536.20, up by 2.20 points or 0.41% from its previous closing of Rs. 534.00 on the BSE.The scrip opened at Rs. 539.35 and has touched a high and low of Rs. 539.35 and Rs. 533.10 respectively. So far 157 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 688.00 on 29-Aug-2018 and a 52 week low of Rs. 479.05 on 05-Feb-2018.Last one week high and low of the scrip stood at Rs. 540.60 and Rs. 512.00 respectively. The current market cap of the company is Rs. 11220.85 crore.The promoters holding in the company stood at 49.53%, while Institutions and Non-Institutions held 23.68% and 26.78% respectively.Sundram Fasteners has commenced commercial production at plant situated at SEZ Unit, Mahindra World City, Kancheepuram District (Unit III) in the state of Tamil Nadu with effect from January 16, 2019. With a diversified product line, world-class facilities in four countries and a motivated team of talented people, Sundram Fasteners has become a supplier of choice to leading customers in the automotive and industrial segments worldwide.
The revenue for the September 2018 quarter is pegged at Rs. 10016.10 millions, about 22.38% up against Rs. 8184.50 millions recorded during the year-ago period.The Company has registered profit of Rs. 1102.20 millions for the quarter ended September 2018, a growth of 21.88% over Rs. 904.30 millions millions achieved in the corresponding quarter of last year.The company reported a good operating profit of 1985.90 millions compared to 1619.40 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 10016.10 8184.50 22.38 19725.80 16648.20 18.49 34490.40 31715.40 8.75 Other Income 95.80 82.90 15.56 248.90 204.20 21.89 296.20 129.20 129.26 PBIDT 1985.90 1619.40 22.63 3904.90 3216.90 21.39 6503.60 5530.60 17.59 Interest 103.50 159.40 -35.07 230.70 256.60 -10.09 325.60 363.20 -10.35 PBDT 1882.40 1460.00 28.93 3674.20 2960.30 24.12 6178.00 5143.70 20.11 Depreciation 264.60 238.20 11.08 522.00 486.30 7.34 980.70 897.70 9.25 PBT 1617.80 1221.80 32.41 3152.20 2474.00 27.41 5197.30 4246.00 22.40 TAX 515.60 317.50 62.39 988.20 668.00 47.93 1522.60 1091.20 39.53 Deferred Tax 59.20 32.50 82.15 114.70 79.20 44.82 179.40 77.60 131.19 PAT 1102.20 904.30 21.88 2164.00 1806.00 19.82 3674.70 3154.80 16.48 Equity 210.10 210.10 0.00 210.10 210.10 0.00 210.10 210.10 0.00 PBIDTM(%) 19.83 19.79 0.21 19.80 19.32 2.45 18.86 17.44 8.13
Sundram Fasteners is currently trading at Rs. 555.35, up by 15.45 points or 2.86% from its previous closing of Rs. 539.90 on the BSE.The scrip opened at Rs. 541.05 and has touched a high and low of Rs. 560.00 and Rs. 541.05 respectively. So far 3540 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 688.00 on 29-Aug-2018 and a 52 week low of Rs. 467.55 on 12-Oct-2017.Last one week high and low of the scrip stood at Rs. 560.00 and Rs. 493.00 respectively. The current market cap of the company is Rs. 11620.10 crore.The promoters holding in the company stood at 49.53%, while Institutions and Non-Institutions held 23.52% and 26.94% respectively.Sundram Fasteners has won the Deming Prize for all its 17 plants located in India. The award is in recognition of the total quality management initiative at the company. The prize will be given away on November 14, in Tokyo.With a diversified product line, world-class facilities in four countries and a motivated team of talented people, Sundram Fasteners has become a supplier of choice to leading customers in the automotive and industrial segments worldwide.
The company witnessed a 14.72% growth in the revenue at Rs. 9709.70 millions for the quarter ended June 2018 as compared to Rs. 8463.70 millions during the year-ago period.Profit saw a slight increase of 17.76%to Rs. 1061.80 millions from Rs. 901.70 millions.The company reported a good operating profit of 1919.00 millions compared to 1597.50 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 9709.70 8463.70 14.72 9709.70 8463.70 14.72 34490.40 31715.40 8.75 Other Income 153.10 121.30 26.22 153.10 121.30 26.22 296.20 129.20 129.26 PBIDT 1919.00 1597.50 20.13 1919.00 1597.50 20.13 6503.60 5530.60 17.59 Interest 127.20 97.20 30.86 127.20 97.20 30.86 325.60 363.20 -10.35 PBDT 1791.80 1500.30 19.43 1791.80 1500.30 19.43 6178.00 5143.70 20.11 Depreciation 257.40 248.10 3.75 257.40 248.10 3.75 980.70 897.70 9.25 PBT 1534.40 1252.20 22.54 1534.40 1252.20 22.54 5197.30 4246.00 22.40 TAX 472.60 350.50 34.84 472.60 350.50 34.84 1522.60 1091.20 39.53 Deferred Tax 55.50 46.70 18.84 55.50 46.70 18.84 179.40 77.60 131.19 PAT 1061.80 901.70 17.76 1061.80 901.70 17.76 3674.70 3154.80 16.48 Equity 210.10 210.10 0.00 210.10 210.10 0.00 210.10 210.10 0.00 PBIDTM(%) 19.76 18.87 4.71 19.76 18.87 4.71 18.86 17.44 8.13
A fair growth of 11.49% in the revenue at Rs. 9454.50 millions was reported in the March 2018 quarter as compared to Rs. 8480.30 millions during year-ago period.Net profit stood at Rs. 952.20 millions compared to Rs. 876.60 millions in the corresponding previous quarter,high by 8.62%.Operating profit surged to 1832.00 millions from the corresponding previous quarter of 1372.00 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201803 201703 % Var Sales 9454.50 8480.30 11.49 34490.40 31715.40 8.75 34490.40 31715.40 8.75 Other Income 173.40 13.30 1203.76 296.20 129.20 129.26 296.20 129.20 129.26 PBIDT 1832.00 1372.00 33.53 6503.60 5530.60 17.59 6503.60 5530.60 17.59 Interest 123.10 0.00 0.00 325.60 363.20 -10.35 325.60 363.20 -10.35 PBDT 1708.90 1348.30 26.74 6178.00 5143.70 20.11 6178.00 5143.70 20.11 Depreciation 251.70 189.20 33.03 980.70 897.70 9.25 980.70 897.70 9.25 PBT 1457.20 1159.10 25.72 5197.30 4246.00 22.40 5197.30 4246.00 22.40 TAX 505.00 282.50 78.76 1522.60 1091.20 39.53 1522.60 1091.20 39.53 Deferred Tax 83.00 2.20 3672.73 179.40 77.60 131.19 179.40 77.60 131.19 PAT 952.20 876.60 8.62 3674.70 3154.80 16.48 3674.70 3154.80 16.48 Equity 210.10 210.10 0.00 210.10 210.10 0.00 210.10 210.10 0.00 PBIDTM(%) 19.38 16.18 19.77 18.86 17.44 8.13 18.86 17.44 8.13