Sundaram Finance Limited · NSE:SUNDARMFIN
Sundaram Finance — Q1 FY2026 Earnings Presentation
46 slides from Sundaram Finance's earnings presentation, Aug 4, 2025
Slide 1: Performance Highlights Q1FY26
PERFORMANCE HIGHLIGHTS Q1FY26
Slide 2: Contents
CONTENTS 01 02 03 04 05 Overview of Financial results & Key trends in financial Consolidated results More about Sundaram Finance performance performance Sundaram Finance 2
Slide 3: Overview of Sundaram Finance
01 Overview of Sundaram Finance 3
Slide 4: Our Vision, Mission and Philosophy
OUR VISION, MISSION AND PHILOSOPHY Service Pru y de pla n ce ir Fa Hone sty Vision P G Mission Integrity To be the most respected NBFC To deliver the “Sundaram Humi in the country experience” to all our customers, Q big and small, in keeping with the lity ethos of the company Op ne li en ne ss ip D
Slide 5: The Sundaram Way
THE SUNDARAM WAY Service Fair play Humility To be of service even when To stand for fair play when the To realise that humility is the time is against you odds are stacked against you greatest virtue Discipline Honesty Openness To know that discipline is To believe that honesty is the To be open to
Slide 6: The SF Group
THE SF GROUP AUM Branches Staff * Customer count 53,278 716 7,400 6,15,731 9,633 140 2,186 31,62,433 Joint Venture with Ageas Insurance International NV 18,028 169 1,856 67,561 100% subsidiary 80,501 85 599 13,99,270 100% subsidiary Group 1,61,440 1,110 12,041 52,44,995 * Includes off roll employees
Slide 7: Strategic Sources of Distinctiveness
STRATEGIC SOURCES OF DISTINCTIVENESS 70-year heritage of trust Pioneer of hire-purchase Diversified financial services group Lending business focused on and prudence finance in India across lending, general insurance, the underserved but home finance and asset aspiring Indian management with total A
Slide 8: Product Offerings
PRODUCT OFFERINGS Asset Finance Commercial lending Working capital finance Distribution • Cars • Leasing • Diesel • Fixed Deposits • Commercial vehicles • NBFC • Insurance • General insurance • Construction equipment • SME • Tyre • Home loans • Tractors and farm equipment • Supply chain financing •
Slide 9: Performance Over Last Twenty Years: Receivables Under Management
SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS ₹ in Crore Receivables Under Management 60,290 51,385 39,950 35,736 33,447 35,088 33,774 28,648 24,036 20,699 17,645 18,158 18,734 15,540 12,354 8,925 9,204 10,219 7,327 5,452 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15
Slide 10: Performance Over Last Twenty Years: PAT
SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS ₹ in Crore PAT 1,543 1,454 120 1,126 1,088 903 522 809 724 53 1,334 443 563 454 477 495 410 41 355 26 295 671 213 227 39 604 171 151 26 100 77 89 201 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-1
Slide 11: Performance Over Last Twenty Years: Dividend
SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS ₹ in Crore Dividend 388.9 333.3 300.0 222.2 194.4 200.0 144.4 127.8 133.3 116.7 122.2 111.1 100.0 77.8 86.1 55.6 37.5 41.7 36.1 29.2 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 M
Slide 12: Performance Over Last Twenty Years: Market Capitalization
SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS ₹ in Crore Market Capitalization 50,824 45,983 28,560 25,548 21,560 16,859 17,940 18,634 17,318 14,450 13,366 7,359 5,265 2,722 3,645 1,078 1,099 1,602 917 2,096 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17
Slide 13: Performance Over Last Twenty Years: Core Return on Equity
SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS Core Return on Equity %* 28.3 26.8 23.5 19.5 19.9 19.3 18.8 18.5 19.0 18.0 18.0 18.2 17.0 16.5 16.5 16.3 15.5 15.3 13.0 12.6 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Ma
Slide 14: Financial results & performance
02 Financial results & performance 14
Slide 15: Overall Highlights of Financial Performance
OVERALL HIGHLIGHTS OF FINANCIAL PERFORMANCE As of 30th June 2025 AUM Gross Stage 3 Cost-to-income ROA ROE ₹53,278 Crores 1.91% 29.84% 2.91% 16.7%* 16.7% up 1.56% 32.90% 2.38% 13.6% from Jun 24 in Jun 24 in Q1FY25 in Q1FY25 in Q1FY25 *Core ROE (excluding investments in subsidiaries) at 15.3% vs. 17.0
Slide 16: Highlights – Growth of 17% in Assets Under Management
HIGHLIGHTS – GROWTH OF 17% IN ASSETS UNDER MANAGEMENT Industry sales in segments and geographies we operate were sluggish with low single digit growth in some segments and a decline over last year in others in Q1FY26 as compared to Q1FY25. MHICV TIV decreased by 3% in Q1FY26 while retail CVs were up
Slide 17: Highlights – Asset Quality Continues to Remain Industry Best
HIGHLIGHTS – ASSET QUALITY CONTINUES TO REMAIN INDUSTRY BEST Asset quality pressures have also spiked within the broader financial system. Q1FY26 also witnessed payment pressures created by fiscally weak state governments and large contractors and debtors delaying repayments significantly. This has
Slide 18: Highlights – Profitability Improved Consistently
HIGHLIGHTS – PROFITABILITY IMPROVED CONSISTENTLY Profits after tax grew 39% in Q1FY26 compared to last year due to growth of AUM, meaningful improvements in yields, meticulous management of our cost of borrowing consistent with our “AAA” rating, tight control on operating costs and higher dividend i
Slide 19: Profit & Loss Statement
PROFIT & LOSS STATEMENT ₹ in Crore FY25 Particulars Q1FY25 Q1FY26 Q4FY25 6,231 Revenue From Operations* 1,425 1,729 1,643 168 Dividend Income 18 124 125 76 Other Income 8 3 41 6,475 Total Revenue 1,451 1,856 1,809 3,254 Finance cost 757 894 851 917 Operating expenses 219 245 232 242 Impairment 73 15
Slide 20: Balance Sheet
BALANCE SHEET ₹ in Crore 31-Mar-25 Particulars 30-Jun-24 30-Jun-25 Equity and Liabilities 47,958 Financial Liabilities 44,174 49,410 118 Non-Financial Liabilities 141 335 11,139 Equity 10,015 12,413 59,215 Total – Equity and Liabilities 54,330 62,158 Assets 58,287 Financial Assets 53,295 61,257 928
Slide 21: Key trends in financial performance
03 Key trends in financial performance 21
Slide 22: Financial Summary
FINANCIAL SUMMARY ₹ in Crore Receivables Market Year Paid-up Capital Networth Disbursements PAT Dividend % Under Management Capitalisation Mar-15 111 2,978 10,012 18,734 454 105 16,859 Mar-16 111 3,313 11,444 20,699 477 110 14,450 Mar-17 111 3,746 13,218 24,036 *495 115 17,940 Mar-18 111 4,134 15,71
Slide 23: Disbursements and AUM
DISBURSEMENTS AND AUM ₹ in Crore Disbursements AUM 53,278 51,476 28,405 26,163 45,671 43,987 20,966 34,552 30,882 29,532 13,275 11,742 6,908 7,310 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-24 Jun-25 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-24 Jun-25 Growth -22.6% 13.1% 57.9% 24.8% 8.6% 6.5% 5.8% Growth 3
Slide 24: Disbursements
DISBURSEMENTS Jun-24 Jun-25 3.4% 3.3% MHCV 9.6% 8.0% Retail CV 24.2% 25.1% 7.2% 7.2% Cars ₹ 6,908 Cr. 11.0% ₹ 7,310 Cr. Construction Equipment 11.3% Asset wise Tractors 22.6% 21.8% 21.7% 23.6% Commercial Lending Used Assets – 23.2% Used Assets – 22.7% Others 4.3% 4.8% South 13.5% 11.3% North ₹ 6,908
Slide 25: AUM
AUM Jun-24 Jun-25 5.0% 5.1% MHCV 6.6% 7.4% Retail CV 24.6% 24.7% 7.3% 6.9% Cars 10.7% ₹ 45,671 Cr. 10.8% ₹ 53,278 Cr. Construction Equipment Asset wise Tractors 21.8% 20.7% 24.0% 24.4% Commercial Lending Used Assets – 18.6% Used Assets – 18.4% Others 4.4% 4.3% South 13.4% 12.9% North ₹ 45,671 Cr. ₹
Slide 26: Branch Network
BRANCH NETWORK Jun-24 Jun-25 13 42 14 42 81 81 357 357 220 222 No. of Branches: 713 No. of Staff: 7,381 No. of Branches: 716 No. of Staff: 7,400 South North West East Commercial Lending 26
Slide 27: Portfolio Quality
PORTFOLIO QUALITY Gross Stage 3% Net Stage 3% 2.19% 1.84% 1.91% 1.66% 1.56% 1.44% 1.26% 1.01% 1.07% 1.08% 0.86% 0.84% 0.75% 0.63% Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-24 Jun-25 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-24 Jun-25 27
Slide 28: Funding Mix
FUNDING MIX ₹ 29,251 Cr. ₹ 28,297 Cr. ₹ 32,915 Cr. ₹ 40,941 Cr. ₹ 47,362 Cr. ₹ 43,707 Cr. ₹ 48,809 Cr. 2.5% 6.8% 4.7% 5.9% 15.1% 9.6% 10.1% 14.3% 14.2% 14.8% 13.7% 13.5% 13.3% 11.3% 11.0% 11.4% 11.5% 12.1% 13.6% 11.6% 19.9% 19.9% 25.9% 35.8% 36.1% 30.7% 33.1% 52.0% 54.0% 41.1% 33.8% 30.2% 32.2% 34.3
Slide 29: PAT & ROA
PAT & ROA ₹ in Crore Profit after Tax Return on Assets - % 1,543 3.2 1,454 120 2.8 2.9 2.9 1,088 2.5 903 2.4 2.3 809 429 671 308 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-24 Jun-25 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-24 Jun-25 EPS 72.8 81.3 98.0 130.9 138.9 27.7 38.6 (₹) 29
Slide 30: Net Worth
NET WORTH ₹ in Crore Net worth 12,413 11,139 10,015 9,472 7,737 6,893 6,179 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-24 Jun-25 Book Value (₹) 556.2 620.4 696.4 852.5 1,002.6 901.4 1,117.3 30
Slide 31: Leverage and Capital Adequacy
LEVERAGE AND CAPITAL ADEQUACY Leverage Capital adequacy 4.6 4.4 4.3 4.3 24.4% 4.2 22.8% 22.1% 4.0 20.5% 3.9 20.4% 20.0% 19.3% Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-24 Jun-25 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-24 Jun-25 31
Slide 32: Consolidated results
04 Consolidated results 32
Slide 33: Consolidated Results
CONSOLIDATED RESULTS ₹ in Crore Profit after Tax Net Worth 1,879 14,563 13,197 1,436 1,328 11,758 11,078 1,165 1,173 9,920 8,795 7,730 435 475 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-24 Jun-25 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-24 Jun-25 EPS Book 105.7 106.5 120.5 130.3 170.6 39.5 43.1 Value(₹) 7
Slide 34: Consolidated Results
CONSOLIDATED RESULTS ₹ in Crore Particulars Share of Net Worth Share in Profit 30-Jun-24 30-Jun-25 Q1FY25 Q1FY26 Sundaram Finance Ltd. 10,015 12,413 308 429 Subsidiaries: Sundaram Home Finance Ltd. 1,946 2,126 66 62 Sundaram Asset Management Company Ltd. (Consolidated) 465 490 29 45 Other Subsidiari
Slide 35: Sundaram Home Finance
SUNDARAM HOME FINANCE FY25 Particulars Q1FY26 Q4FY25 Q1FY25 6,517 Disbursements (₹ in Crore) 1,488 1,929 1,353 51.5% Housing 48.8% 49.3% 54.1% 48.5% Non-Housing 51.2% 50.7% 45.9% 17,428 AUM (₹ in Crore) 18,028 17,428 14,533 58.4% Housing 57.9% 58.4% 60.5% 41.6% Non-Housing 42.1% 41.6% 39.5% 244.7 PA
Slide 36: Royal Sundaram
ROYAL SUNDARAM FY25 Particulars Q1FY26 Q4FY25 Q1FY25 4,065 Gross Written Premium (₹ in Crore) 1,289 1,099 1,114 9,241 AUM (₹ in Crore) 9,633 9,241 9,030 133 PAT (₹ in Crore) 127 (1) 65 146 Other Comprehensive Income (Net of Taxes) 20 70 12 279 Total Comprehensive Income 147 69 77 1,863 Net worth (₹
Slide 37: Sundaram Asset Management
SUNDARAM ASSET MANAGEMENT FY25 Particulars Q1FY26 Q4FY25 Q1FY25 71,826 AUM (₹ in Crores) 80,501 71,826 80,565 58,660 Equity (₹ in Crores) 65,308 58,660 68,722 13,166 Debt (₹ in Crores) 15,193 13,166 11,843 154 PAT (₹ in Crores) 45 46 29 522 Net worth (₹ in Crores) 490 522 465 592 Staffs 599 592 563
Slide 38: More about Sundaram Finance
05 More about Sundaram Finance 38
Slide 39: Shareholding Pattern
SHAREHOLDING PATTERN 30-Jun-24 30-Jun-25 Top institutional shareholders As of 30th June 2025 Name of Shareholder Share % Nalanda India Equity Fund Limited 3.62 Bright Star Investments Private Limited 2.37 32.4% 32.6% 37.9% 37.2% SBI Mutual Fund 1.36 Axis Mutual Fund 1.21 United India Insurance Compa
Slide 40: Credit Ratings
CREDIT RATINGS Instrument ICRA CRISIL Deposits AAA (Stable) AAA (Stable) Debentures AAA (Stable) AAA (Stable) Subordinated Debentures AAA (Stable) AAA (Stable) Long Term Loans AAA (Stable) AAA (Stable) Working Capital Facilities AAA (Stable) Commercial Paper A1+ A1+ Short Term Loans A1+ 40
Slide 41: Share Price Movement
Jun-20 Sep-20 Dec-20 Mar-21 SHARE PRICE MOVEMENT Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 SFL Closing Share Price Dec-22 Mar-23 Indexed share price and Nifty from June 2020 Jun-23 Sep-23 S & P CNX Nifty Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 247.69 356.30 41
Slide 42: Subsidiaries & Joint Ventures
SUBSIDIARIES & JOINT VENTURES Subsidiaries Joint Venture • Sundaram Home Finance Limited • Royal Sundaram General Insurance Co. Limited • Sundaram Asset Management Company Limited • Sundaram Asset Management Singapore Pte. Limited • Sundaram Trustee Company Limited • Sundaram Alternate Assets Limite
Slide 43: Board of Directors
BOARD OF DIRECTORS Sri S. Viji Sri T. T. Srinivasaraghavan Sri Srivats Ram Chairman Non-executive Director Non-executive Director Has over 5 decades of experience in Banking, Finance, Has over 4 decades of experience in Banking and Financial Has nearly 3 decades of rich experience in auto Insurance
Slide 44: Board of Directors
BOARD OF DIRECTORS Dr. Kshama Fernandes Sri R. Venkatraman Ms Anuradha Rao Independent Director Independent Director Independent Director Has nearly 3 decades of experience spanning across Has close to 4 decades of experience in consulting and Has nearly 4 decades of experience in Banking and manage
Slide 45: Key Managerial Personnel
KEY MANAGERIAL PERSONNEL Sri M. Ramaswamy Sri P. N. Srikant Chief Financial Officer Chief Compliance Officer & Company Secretary He has nearly 4 decades of experience in the Company. He is the Chief He has nearly 3 decades of experience in the Company/Group. He is the Chief Financial Officer of the
Slide 46: Sri M. Ramaswamy Sri P. N. Srikant
This document is for information purposes only and is not and does not form part of an invitation/ offer/advertisement/advise to purchase or sell any securities of the Company. The materials and information contained in the document are prepared by the Company and are correct and accurate, to the be