Sundaram Finance Limited · NSE:SUNDARMFIN
Sundaram Finance — FY2026 Earnings Presentation
46 slides from Sundaram Finance's earnings presentation, May 25, 2026
Slide 1: Performance Highlights FY26
PERFORMANCE HIGHLIGHTS FY26
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 (₹ in Cr.) Branches Staff * Customer count 59,908 763 7,653 6,54,074 9,724 139 1,937 39,33,409 Joint Venture with Ageas Insurance International NV 19,909 195 2,095 68,532 100% subsidiary 77,457 85 622 15,16,775 100% subsidiary Group 1,66,998 1,182 12,307 61,72,790 * Includes off rol
Slide 7: Strategic Sources of Distinctiveness
STRATEGIC SOURCES OF DISTINCTIVENESS 72-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: Sundaram Finance – Performance Over Last Twenty Years: Receivables
SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS ₹ in Crore Receivables Under Management 70,137 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 7,327 8,925 9,204 10,219 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16
Slide 10: Sundaram Finance – Performance Over Last Twenty Years: PAT
SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS ₹ in Crore PAT 1,834 1,543 1,454 120 1,126 1,088 903 522 809 724 53 454 563 477 495 410 443 355 26 41 295 809 213 227 671 151 39 100 77 26 256 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-2
Slide 11: Sundaram Finance – Performance Over Last Twenty Years: Dividend
SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS ₹ in Crore Dividend 444.4 388.9 333.3 300.0 222.2 194.4 200.0 133.3 144.4 116.7 122.2 127.8 100.0 111.1 77.8 86.1 55.6 41.7 36.1 29.2 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
Slide 12: Sundaram Finance – Performance Over Last Twenty Years: Market Capitalization
SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS ₹ in Crore Market Capitalization 50,824 48,614 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 1,099 1,602 917 2,096 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18
Slide 13: Sundaram Finance – Performance Over Last Twenty Years: Core ROE
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 18.4 18.0 18.0 18.2 17.0 16.5 16.5 16.3 15.5 15.3 12.6 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 Mar-23 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 31st March 2026 AUM Gross Stage 3 Cost-to-income ROA ROE ₹59,908 Crores 1.44% 28.71% 3.03% 17.5%* 16.4% up 1.44% 30.80% 2.85% 16.3% from Mar 25 in Mar 25 in FY25 in FY25 in FY25 240% final dividend (₹ 24/- per share) declared Total dividend for FY26
Slide 16: Highlights – Growth of 16% in Assets Under Management
HIGHLIGHTS – GROWTH OF 16% IN ASSETS UNDER MANAGEMENT For the year FY26, industry sales in segments and geographies we operate in witnessed good growth across most categories. MHICV TIV grew 14.5% YOY, LSCV grew 14.9% YOY, passenger cars grew by ~11% YOY, tractors grew by 29.3% YOY. The construction
Slide 17: Highlights – Asset Quality Continues to Remain Industry Best
HIGHLIGHTS – ASSET QUALITY CONTINUES TO REMAIN INDUSTRY BEST Asset quality pressure remained relatively high within the broader financial system in the first half of FY26 . However, in the second half of FY26, beginning in Q3, asset quality stabilized as economic activity and therefore cash flows fo
Slide 18: Highlights – Profitability Improved Consistently
HIGHLIGHTS – PROFITABILITY IMPROVED CONSISTENTLY Profits after tax grew 19% in FY26 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 inc
Slide 19: Profit & Loss Statement
PROFIT & LOSS STATEMENT ₹ in Crore Particulars Q4FY25 Q4FY26 Q3FY26 FY25 FY26 Revenue From Operations* 1,643 1,883 1,876 6,231 7,254 Dividend Income 125 155 - 168 293 Other Income 41 28 17 76 52 Total Revenue 1,809 2,066 1,893 6,475 7,599 Finance cost 851 933 940 3,254 3,668 Operating expenses 232 2
Slide 20: Balance Sheet
BALANCE SHEET ₹ in Crore Particulars 31-Mar-25 31-Mar-26 Equity and Liabilities Financial Liabilities 47,958 55,246 Non-Financial Liabilities 118 264 Equity 11,139 12,715 Total – Equity and Liabilities 59,215 68,225 Assets Financial Assets 58,287 67,338 Non-Financial Assets 928 887 Total – Assets 59
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-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 15,712 28,648 563 120 18,634 Mar-19 111 5,044 17,17
Slide 23: Disbursements and AUM
DISBURSEMENTS AND AUM ₹ in Crore Disbursements AUM 59,908 32,321 28,405 51,476 26,163 8,051 43,987 6,873 20,966 34,552 8,847 7,764 29,532 13,275 6,860 8,113 6,908 7,310 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Growth 13.1% 57.9% 24.8% 8.6% 13.8% Growth -4.4% 17.0% 27.3%
Slide 24: Disbursements
DISBURSEMENTS Mar-25 Mar-26 MHCV 14.2% 15.3% Retail CV 24.4% 24.4% 6.9% 7.0% Cars ₹ 28,405 Cr. ₹ 32,321 Cr. Construction Equipment 11.2% 10.9% Asset wise 18.5% Tractors 19.6% 23.7% 23.9% Commercial Lending & Others Used Assets – 23.0% Used Assets – 22.0% South 14.2% 15.3% 4.1% 4.0% North 11.0% ₹ 28,
Slide 25: AUM
AUM Mar-25 Mar-26 MHCV 12.6% 14.3% Retail CV 24.6% 24.2% 7.1% Cars 7.0% 10.8% ₹ 51,476 Cr. 10.6% ₹ 59,908 Cr. Construction Equipment Asset wise 19.3% Tractors 20.5% 24.4% 24.6% Commercial Lending & Others Used Assets – 18.5% Used Assets – 17.7% 12.6% 14.3% South 4.1% 4.1% North 11.5% 45.4% 11.3% 45.
Slide 26: Branch Network
BRANCH NETWORK Mar-25 Mar-26 14 44 20 40 82 81 376 358 217 241 No. of Branches: 710 No. of Staff: 7,293 No. of Branches: 763 No. of Staff: 7,653 South North West East Commercial Lending 26
Slide 27: Portfolio Quality
PORTFOLIO QUALITY Gross Stage 3% Net Stage 3% 2.19% 1.66% 1.44% 1.44% 1.26% 1.07% 0.86% 0.75% 0.69% 0.63% Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 27
Slide 28: Funding Mix
FUNDING MIX ₹ 28,297 Cr. ₹ 32,915 Cr. ₹ 40,941 Cr. ₹ 47,362 Cr. ₹ 54,643 Cr. 6.8% 4.7% 9.6% 6.6% 15.1% 14.8% 14.2% 11.9% 13.5% 11.0% 11.4% 11.5% 13.5% 13.6% 19.9% 25.9% 35.8% 32.3% 33.1% 54.0% 41.1% 35.7% 33.8% 30.2% Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Debentures Bank Borrowings* Securitisation Depos
Slide 29: PAT & ROA
PAT & ROA ₹ in Crore Profit after Tax Return on Assets - % 1,834 3.2 1,543 3.0 1,454 608 2.8 2.9 120 546 2.5 1,088 903 403 349 671 394 340 308 429 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 EPS 81.3 98.0 130.9 138.9 165.1 (₹) Q1 Q2 Q3 Q4 Exceptional Item 29
Slide 30: Net Worth
NET WORTH ₹ in Crore Net worth 12,715 11,139 9,472 7,737 6,893 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Book Value (₹) 620.4 696.4 852.5 1,002.6 1,144.5 30
Slide 31: Leverage and Capital Adequacy
LEVERAGE AND CAPITAL ADEQUACY Leverage Capital adequacy 4.3 4.3 4.3 4.2 4.0 24.4% 22.8% 20.5% 20.4% 19.1% Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 31
Slide 32: Consolidated results
04 Consolidated results 32
Slide 33: Consolidated Results
CONSOLIDATED RESULTS ₹ in Crore Profit after Tax Net Worth 2,059 14,894 1,879 13,197 554 553 11,078 1,436 1,328 9,920 1,173 8,795 542 455 436 488 435 475 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 EPS Book 106.5 120.5 130.3 170.6 186.8 Value(₹) 798.2 900.2 1,005.3 1,197.4
Slide 34: Consolidated Results
CONSOLIDATED RESULTS ₹ in Crore Particulars Share of Net Worth Share in Profit 31-Mar-25 31-Mar-26 FY25 FY26 Sundaram Finance Ltd. 11,139 12,715 1,543 1,834 Subsidiaries: Sundaram Home Finance Ltd. 2,097 2,307 245 282 Sundaram Asset Management Company Ltd. (Consolidated) 522 505 154 174 Other Subsid
Slide 35: Sundaram Home Finance
SUNDARAM HOME FINANCE Particulars Q4FY26 Q3FY26 Q4FY25 FY26 FY25 Disbursements (₹ in Crore) 1,894 1,741 1,929 6,805 6,517 Housing 45.1% 48.5% 49.3% 46.7% 51.5% Non-Housing 54.9% 51.5% 50.7% 53.3% 48.5% AUM (₹ in Crore) 19,909 19,230 17,428 19,909 17,428 Housing 55.0% 56.0% 58.4% 55.0% 58.4% Non-Hous
Slide 36: Royal Sundaram
ROYAL SUNDARAM Particulars Q4FY26 Q3FY26 Q4FY25 FY26 FY25 Gross Written Premium (₹ in Crore) 1,254 1,032 1,099 4,638 4,065 AUM (₹ in Crore) 9,724 9,836 9,241 9,724 9,241 PAT (₹ in Crore) (53) 39 (1) 107 133 Other Comprehensive Income (Net of Taxes) (102) (15) 70 (160) 147 Total Comprehensive Income
Slide 37: Sundaram Asset Management
SUNDARAM ASSET MANAGEMENT Particulars Q4FY26 Q3FY26 Q4FY25 FY26 FY25 AUM (₹ in Crores) 77,457 86,195 71,826 77,457 71,826 Equity (₹ in Crores) 62,067 69,382 58,660 62,067 58,660 Debt (₹ in Crores) 15,390 16,813 13,166 15,390 13,166 PAT (₹ in Crores) 47 47 46 174 154 Net worth (₹ in Crores) 505 588 5
Slide 38: More about Sundaram Finance
05 More about Sundaram Finance 38
Slide 39: Shareholding Pattern
SHAREHOLDING PATTERN 31-Mar-25 31-Mar-26 Top institutional shareholders As of 31st March 2026 Name of Shareholder Share % Nalanda India Equity Fund Limited 3.62 32.3% Bright Star Investments Private Limited 2.37 32.7% 37.2% 37.2% SBI Mutual Fund 1.23 Nippon Life India Trustee Limited 1.06 United Ind
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
Mar-21 Jun-21 Sep-21 Dec-21 SHARE PRICE MOVEMENT Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 SFL Closing Share Price Sep-23 Dec-23 Mar-24 Indexed share price and Nifty from March 2021 Jun-24 S & P CNX Nifty Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 152.01 170.22 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 3 decades of rich experience in auto component Insuran
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 4 decades of experience in consulting and advisory Has over 4 decades of experience in Banking and Finance.
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 4 decades of experience in the Company. He is the Chief Financial He has 3 decades of experience in the Company/Group. He is the Chief Officer of the Company from S
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