Please refer to important disclosures at the end of this report
Sundram Fasteners Limited is a part of the US $5 billion TVS Group. The
Company is engaged in manufacturing high tensile fasteners, and motor vehicle
parts and accessories. With a diversified product line, world-class facilities in 4
countries Sundram Fasteners has become a supplier of choice to leading
customers in the automotive and industrial segments worldwide. The compan
has been consistently performing more than 15% CAGR RoE from many years
which is a good sign. The company has also performed more than 30% CAG
profit growth over the last 3 years. The company has reduced its debt from last
year and has been maintaining a healthy dividend payout of 25.18%. Hence
CMP `306
Stock Info
Beta 0.8
Bloomberg Code
Shareholding Pattern (%)
Promoters 49.5
MF / Banks / Indian Fls 19.3
FII / NRIs / OCBs 2.2
Indian Public / Others
Abs. (%) 3m 1yr 3yr
Sensex 6.2 8.8 40.8
Sundram Fasteners 63.1 86.9 764.9
Nifty 8,776
Reuters Code SNFS.BO
Face Value (
BSE Sensex 28,523
52 Week High / Low 330/135
Avg. Daily Volume 31,487
Auto Parts & Equip.
Market Cap (
cr) 6,364
Vaibhav Agrawal
022 – 3935 7800 Ext: 6808
Sundram Fasteners
Others |
uto Parts & Equipments
September 21, 2016
Sundram Fasteners |
uto Parts & Equipments
September 21, 2016
Research Team Tel: 022 - 39357800 E-mail: [email protected] Website:
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