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Questions and Answers
What percentage of financing was represented by deposits in Mar-23?
What percentage of financing was represented by deposits in Mar-23?
Which financing method had the lowest percentage in Mar-19?
Which financing method had the lowest percentage in Mar-19?
Which year saw the highest percentage for bank borrowings?
Which year saw the highest percentage for bank borrowings?
What is the combined percentage of debentures and commercial paper in Mar-22?
What is the combined percentage of debentures and commercial paper in Mar-22?
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By what percentage did bank borrowings change from Mar-21 to Mar-22?
By what percentage did bank borrowings change from Mar-21 to Mar-22?
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In which year was the percentage of securitisation at its peak?
In which year was the percentage of securitisation at its peak?
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What was the percentage of commercial paper in Mar-22?
What was the percentage of commercial paper in Mar-22?
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Which method of financing had the percentage of 11.3% in Mar-22?
Which method of financing had the percentage of 11.3% in Mar-22?
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What was the percentage increase in total disbursements for FY23 compared to FY22?
What was the percentage increase in total disbursements for FY23 compared to FY22?
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What was the Core ROE for FY23?
What was the Core ROE for FY23?
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As of March 31, 2023, what was the percentage of Gross Stage 3 assets?
As of March 31, 2023, what was the percentage of Gross Stage 3 assets?
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Which segment showed a significant demand alongside passenger vehicles?
Which segment showed a significant demand alongside passenger vehicles?
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What were the total assets under management as of March 31, 2023?
What were the total assets under management as of March 31, 2023?
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Which of the following statements is true regarding the restructured assets?
Which of the following statements is true regarding the restructured assets?
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What was the provision cover for Gross Stage 3 assets as of March 31, 2023?
What was the provision cover for Gross Stage 3 assets as of March 31, 2023?
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What was the reported percentage growth in core business disbursements, adjusting for the ECLGS scheme?
What was the reported percentage growth in core business disbursements, adjusting for the ECLGS scheme?
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What is the primary purpose of the document?
What is the primary purpose of the document?
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Who is the Chief Financial Officer of Sundaram Finance Limited?
Who is the Chief Financial Officer of Sundaram Finance Limited?
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Which statement correctly describes the information contained in the document?
Which statement correctly describes the information contained in the document?
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What should users be aware of when accessing the website linked to the document?
What should users be aware of when accessing the website linked to the document?
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What does the document imply about forward-looking statements?
What does the document imply about forward-looking statements?
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Where is Sundaram Finance Limited located?
Where is Sundaram Finance Limited located?
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What type of liability does the company state regarding the use of the document?
What type of liability does the company state regarding the use of the document?
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Which of the following roles does Sri P N Srikant hold at Sundaram Finance Limited?
Which of the following roles does Sri P N Srikant hold at Sundaram Finance Limited?
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What area of specialization is Lochan particularly known for?
What area of specialization is Lochan particularly known for?
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Who has the most experience among the Executive Vice Chairman and Managing Director?
Who has the most experience among the Executive Vice Chairman and Managing Director?
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What role does the Chief Financial Officer play in the company?
What role does the Chief Financial Officer play in the company?
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Which individual is responsible for statutory compliance and liaises with the Board Members?
Which individual is responsible for statutory compliance and liaises with the Board Members?
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Who has the most experience in the banking and financial services industry?
Who has the most experience in the banking and financial services industry?
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Which director has management experience in the automobile industry?
Which director has management experience in the automobile industry?
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What degree does Lochan hold?
What degree does Lochan hold?
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Which consultancy firm has Sri M. Ramaswamy worked with?
Which consultancy firm has Sri M. Ramaswamy worked with?
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What is the qualification of Sri T T Srinivasaraghavan?
What is the qualification of Sri T T Srinivasaraghavan?
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What is the primary role of Sri P N Srikant in the company?
What is the primary role of Sri P N Srikant in the company?
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Which director has experience working with multinational clients in auditing?
Which director has experience working with multinational clients in auditing?
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How long did Sri T T Srinivasaraghavan serve as Managing Director of the company?
How long did Sri T T Srinivasaraghavan serve as Managing Director of the company?
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How long has Lochan been involved in his field of specialization?
How long has Lochan been involved in his field of specialization?
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Which individual has a rich experience in auto component manufacturing?
Which individual has a rich experience in auto component manufacturing?
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Which director has qualifications including an MBA from a U.S. university?
Which director has qualifications including an MBA from a U.S. university?
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What industry experience does Ms Bhavani Balasubramanian have?
What industry experience does Ms Bhavani Balasubramanian have?
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What was the percentage of housing disbursements in Q4 FY23?
What was the percentage of housing disbursements in Q4 FY23?
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What was the Gross Stage 3% for FY22?
What was the Gross Stage 3% for FY22?
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Which subsidiary has the highest PAT for Q4 FY23?
Which subsidiary has the highest PAT for Q4 FY23?
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What was the total Assets Under Management (AUM) in Crore for FY23?
What was the total Assets Under Management (AUM) in Crore for FY23?
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What was the Book Value per share for Q4 FY22?
What was the Book Value per share for Q4 FY22?
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Which quarter showed the highest percentage of Non-Housing disbursements in FY23?
Which quarter showed the highest percentage of Non-Housing disbursements in FY23?
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What was the increase in the number of branches from FY22 to FY23?
What was the increase in the number of branches from FY22 to FY23?
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Which subsidiary had the lowest PAT in Q4 FY23?
Which subsidiary had the lowest PAT in Q4 FY23?
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What was the Net worth in Crore for Q3 FY23?
What was the Net worth in Crore for Q3 FY23?
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What is the CAR for Q4 FY23?
What is the CAR for Q4 FY23?
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Study Notes
Company Information
- Company name: Sundaram Finance
- Mission statement: Enduring values. New age thinking.
- Values: Humility, Service, Discipline, Honesty, Prudence, Integrity, Openness, Fair play, Relationships
Performance Highlights (FY23)
- The presentation details performance highlights for Sundaram Finance in FY23.
- Key financial performance metrics are included.
- Includes figures from AUM, Branches, Staffs, Customer count, and profitability
Overview of Sundaram Finance
- This section provides an overview of Sundaram Finance.
- This appears to be a summary slide, possibly not a detailed overview
- The document states the company is financial services provider (Lending, general insurance, home finance, asset management), with high AUM.
- Key information available includes AUM figures, number of branches, staff, and customer count.
- Multiple subsidiaries (e.g., Royal Sundaram, Sundaram Home) and joint ventures (e.g., with Ageas) are listed
Vision and Mission
- Vision: To become the most respected NBFC in the country
- Mission: Deliver the "Sundaram experience" to all customers.
- The presentation describes the company's vision and mission to highlight its values
The Sundaram Way
- The Sundaram Way summarizes core values.
- Individual values and their meanings are described (Service, Discipline, Prudence, Fair play, Honesty, Integrity, Humility, Openness, Relationships)
- The ethos of the company was referenced in the mission statement
Strategic Sources of Distinctiveness
- 68-year heritage of trust and prudence
- Pioneer of hire-purchase finance in India
- Diversified financial services across lending, general insurance, home finance, and asset management. AUM of approximately Rs. 1,10,000 crore.
- Lending business focused on the underserved but aspiring Indian entrepreneur (Road transport operators, infrastructure contractors, small farmers, MSME owners). Sustainability highlighted
- Legacy of deep customer connect and loyalty
- 80% renewal rate across offerings
- Technology-enabled and data-powered approach to a high-touch customer approach
- Consistent best-in-class asset quality performance over decades
Product Offerings
- Asset Finance: Cars, commercial vehicles, construction equipment, tractors and farm equipment, used vehicles
- Commercial lending: Leasing, NBFC, SME, supply chain financing
- Working capital finance: Insurance, Diesel, Tyre, Sundaram Credit Line
- Distribution: Fixed Deposits, general insurance, home loans, investment services, life insurance, and mutual funds
Performance Over Last Twenty Years
- Detailed financial performance data (receivables, PAT, total dividend).
- Data is presented through charts. Charts show growth, profitability, and performance consistency over the past 20 years.
- Key financial figures: Receivables under management (in Crores), Profit after Tax (PAT) in Crore, and Market Capitalization (in Crore)
- Core ROE (excluding investments in subsidiaries)
- Core Return on Equity: Shows annual performance data on core ROE; providing a historical trend of profitability
Financial Summary
- Overview of company performance through key metrics (Paid-up Capital, Networth, Disbursements, Receivables, PAT, Dividends)
- Historical data (e.g. 2013-2023)
Overall Highlights of Financial Performance
- Key financial data (AUM, gross stage 3, cost-to-income ratio, ROA, ROE) for the period.
- Highlights significant increases in AUM and profitability
Highlights - Growth of 58% in Core Business
- Economic activity continued to improve
- Growth in disbursements during FY23 was driven by focus on ensuring rightful market share.
- Financial figures: disbursements for FY23 (at 20,966 crore) and for FY22 (at 13,275 crore)
- Assets under management: 34,552 crore (as of 31st March 2023) and 29,532 crore (as of 31st March 2022).
- Restructured assets under Covid (628 crore)
- Concluded with overall positive performance of the company
Highlights - Quality Continues to Remain Industry Best
- Asset quality, continued improvement in collections and recovery activity
- Data relating to Gross stage 3 and Net stage 3 assets
- Updated RBI norms on asset classification and prudence
- Improvement of impairment cost for FY23, compared to FY22.
Highlights Profitability Improved Consistently
- Profit after tax grew by 20%
- Continued improvement in asset quality, while managing costs
- Profit After Tax (PAT) data of FY23 (at 1088 crores) and FY22 (at 903 crores)
Profit & Loss Statement
- Detailed analysis of profit and loss statement for Q4 FY23, Q3 FY23, Q4 FY22, and FY23 and FY22, with key figures provided in Crores.
Balance Sheet
- Financial statements of the company for 31st March 2023, 31st December 2022, and 31st March 2022 are included (in Crores).
Key Trends in Financial Performance
- Trends in financial performance are discussed
Shareholding Pattern
- Shares of company are held by Promoters, Mutual Funds & AIFs, Flls/FPIs and NRIs, Banks, Financial Institutions and Insurance Companies, Public.
- Shows percentage ownership breakdown of Sundaram Finance in 2023 and 2022.
- The document likely shows institutional holders.
Branch Network
- Branch network data for 31st March 2022 and 31st March 2023
- Details of branches across different regions/ locations are included
Credit Ratings
- Credit ratings by ICRA and Crisil for Sundaram
- Ratings for Deposits, Debentures, Subordinated Debentures, Long Term Loans, Working Capital facilities, Commercial paper and Short term loans are included
Share Price Movement
- Graph shows the movement of the share price and the Nifty (a major stock index) since March 2018.
- Shows trends compared to Nifty Index.
Subsidiaries, Joint Ventures & Associates
- Listing of subsidiaries, joint ventures, and associates of Sundaram Finance.
Board of Directors
- Information about members on the board of Directors, including their experience and background
Key Managerial Personnel
- Information about key personnel and their roles in the company
- Titles: Chief Financial Officer, Company Secretary & Compliance Officer
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Description
Test your knowledge on financial statistics and trends as of March 2023. This quiz covers various financing methods, percentages of bank borrowings, and significant financial metrics from previous years. Delve into the world of financial data to see how well you understand the key figures!
