# Sundaram Finance (SUNDARMFIN) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/sundarmfin

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹4,201
- Change: -0.51%
- As of: 2026-11-06
- 1D return: -0.51%
- 5D return: +6.60%
- 1M return: +2.20%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

Sundaram Finance (SUNDARMFIN) closed at ₹4,201.0 on 2026-11-06, reflecting a -0.5% daily decline after a +5.5% surge the prior day. The technical setup is mixed across timeframes: the daily trend is bearish with price below the Supertrend and key long-term moving averages (50-period SMA, 200-period SMA), though it remains above the 20-period EMA and SMA. Conversely, the monthly structure shows a bullish Supertrend direction, while the weekly trend is clearly bearish with price below all supplied moving averages and the Supertrend.

Momentum indicators suggest an established trend on both daily (ADX 26.71) and monthly (ADX 26.67) bases, but weak conviction on the weekly chart (ADX 14.28). Price positioning is near the upper end of the 20-day range (+81.5%) but in the lower-middle of the 50-day range (+36.4%) and near the lower end of the 252-day range (+21.1%). The stock trades at a significant distance from its available high (-24.7%) and carries a current drawdown of -24.7%. Key support lies at the pivot level of ₹4,174.0 (-0.64%), with further support at ₹4,105.15. Resistance is observed at ₹4,325.4 (+2.96%). Anomalies include a moderate downward gap on 2026-11-06 and high participation without clear direction on a monthly basis. Annualized volatility stands at +34.0%.

- Trend Divergence: Daily trend is bearish (price below Supertrend and 50/200 SMAs), while monthly trend remains bullish (price above Supertrend); weekly trend is bearish.
- Range Positioning: Price is near the top of the 20-day range (+81.5%) but sits in the lower half of the 252-day range (+21.1%), indicating recent relative strength within a longer-term downtrend.
- Key Levels: Immediate support at ₹4,174.0 (pivot, -0.64%); next support at ₹4,105.15 (-2.28%). Resistance begins at ₹4,325.4 (+2.96%).
- Volatility & Risk: Current drawdown is -24.7% against a maximum historical drawdown of -30.1%; annualized volatility is +34.0%, suggesting elevated risk.

- Outside Bar
- Morning Star
- Bullish Engulfing Reversal
- Inside Bar

### News Context

Sundaram Finance reported a 21% year-on-year increase in standalone net profit to ₹475 crore for Q2FY27, driven by 28% growth in disbursements and improved asset quality. Concurrently, the company announced a significant leadership transition: Chairman S Viji stepped down after 21 years, with Independent Director R Venkatraman appointed as the first non-family member to hold the role. The board also approved the acquisition of Sundaram Alternate Assets Ltd for ₹75 crore to simplify the group structure.

- Q2FY27 standalone net profit rose 21% to ₹475 crore, supported by 28% disbursement growth and better asset quality.
- Chairman S Viji resigned after two decades; Independent Director R Venkatraman is now the first non-family chairman.
- Board approved ₹75 crore acquisition of Sundaram Alternate Assets Ltd to streamline group structure.

- [Stocks to Watch for Nov 5: Dabur, BSE, Nykaa, Lenskart, Torrent Power and more](https://www.cnbctv18.com/photos/market/stocks/stocks-to-watch-for-nov-5-dabur-nykaa-lenskart-torrent-power-rites-and-more-20027129.htm)
- [Sundaram Finance Q2 PAT up 21% at ₹475 crore, Chairman S Viji steps down](https://www.thehindubusinessline.com/money-and-banking/sundaram-finance-q2-pat-up-21-at-475-crore-chairman-s-viji-steps-down/article71666003.ece)

### What Changed

On 5 November 2026, Sundaram Finance Limited (NSE: SUNDARMFIN) held a one-to-one teleconference with ICICI Asset Management Company Limited to discuss performance for the quarter ended 30 September 2026. CFO M. Ramaswamy participated in the session, which ran from 6:00 P.M. to 6:30 P.M. The company confirmed that no unpublished price-sensitive information was shared during this interaction. As of the observation date of 6 November 2026, the stock traded at ₹4,201.00, reflecting a decline from the previous recorded price of ₹4,235.00.

- {'date': '2026-11-05', 'detail': 'CFO M. Ramaswamy held a Q&A teleconference with ICICI Asset Management Company Limited regarding Q2 FY27 performance.', 'event': 'Institutional Investor Meet'}
- {'date': '2026-11-06', 'metric': 'Stock Price', 'value': '₹4,201.00'}
- {'comparison': 'Price Change', 'detail': 'The share price decreased from ₹4,235.00 to ₹4,201.00 as of the latest observation.'}

- [Sundaram Finance Limited has informed the Exchange about Sundaram Finance Limited has informed the Exchange about Institutional investors meet with ICICI Asset Management Company Limited. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_05112026212025_Investor_meet_ICICI_AMC.pdf)

### Official Filings

Sundaram Finance Limited reported strong H1FY27 financials, with consolidated profit after tax rising to ₹516.66 crore and standalone PAT reaching ₹521.61 crore. Assets under management grew 19% year-on-year to ₹65,992 crore, while disbursements increased 25% to ₹19,302 crore. The company also announced a board-approved cash acquisition of its subsidiary Sundaram Alternate Assets Limited for up to ₹75 crore to simplify the group structure. Governance saw a leadership transition as Mr. S. Viji resigned as Chairman and Non-Executive Director, with Independent Director Mr. R. Venkatraman appointed as the new Chairman. Additionally, Mr. Sriram Viji was co-opted as an Additional Director. On the capital front, proceeds from two private placements of Secured Redeemable Non-Convertible Debentures totaling over ₹1,265 crore were fully utilized without deviation.

- H1FY27 Consolidated PAT: ₹516.66 crore; Standalone PAT: ₹521.61 crore (Half-year ended Sept 30, 2026)
- AUM Growth: ₹65,992 crore (+19% YoY); Disbursements: ₹19,302 crore (+25% YoY)
- Acquisition: Board approved purchase of 100% stake in Sundaram Alternate Assets Ltd for ≤₹75 crore; subject to regulatory approval
- Governance Change: Mr. R. Venkatraman appointed Chairman; Mr. S. Viji resigned effective Nov 4, 2026

- [Sundaram Finance Limited has informed the Exchange about Sundaram Finance Limited has informed the Exchange about Institutional investors meet with ICICI Asset Management Company Limited. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_05112026212025_Investor_meet_ICICI_AMC.pdf)
- [Sundaram Finance Limited has submitted to the Exchange, the unaudited financial results for the quarter and half year ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143215_UFR30092026SD.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the approval granted for acquisition of 100% stake in Sundaram Alternate Assets Limited from Sundaram Asset Management Company Limited |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143500_AcquisitionSD.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the resignation of Mr. S. Viji, Chairman and Non-Executive Director of the Company |SUBJECT: Resignation](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143658_Resignationinitmation.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the Appointment of Mr. R. Venkatraman, Independent Director as the Chairman of the Company |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143944_Appointment.pdf)
- ["Sundaram Finance Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "Unaudited Standalone and Consolidated Financial Results for the Quarter and Half Year Ended 30th September 2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026144908_Pressrelease_SD.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the appointment of Mr. Sriram Viji as an Additional Director on the Board, to function as Non-Executive Non-Independent Director. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026154940_AppointmentofDirector.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding ''Investor Presentation" |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026170042_Investor_Presentation_H1FY_2027.pdf)
- [Statement of utilization of issue proceeds |SUBJECT: Statement of utilization of issue proceeds](https://nsearchives.nseindia.com/content/debt/WDM/SUNDARMFIN_04112026170443_Reg52_30092026.pdf)
- [Security Cover |SUBJECT: Security Cover](https://nsearchives.nseindia.com/content/debt/WDM/SUNDARMFIN_04112026170935_SFL_-_Q2_FY_26-27_-_Asset_Cover_Certificate.pdf)

### Fundamentals

Sundaram Finance demonstrates a trajectory of expanding asset base and revenue, yet recent quarterly results highlight a divergence between top-line growth and bottom-line profitability. For Q2 FY2026-27, revenue from operations increased sequentially to ₹2,738 crore, up from ₹2,644 crore in Q1. However, net profit declined significantly to ₹517 crore from ₹636 crore in the prior quarter. This contraction was driven by rising finance costs (₹1,314 crore) and higher impairment on financial instruments (₹164 crore), which offset the benefit of increased interest earned (₹2,330 crore). Despite the sequential profit dip, earnings quality remains robust on a longer horizon: TTM net profit stands at ₹2,220 crore with a TTM EPS of ₹199.81, and the company has maintained a consistent Return on Equity of 15% over the last three years.

The balance sheet reflects aggressive expansion, with total assets growing to ₹92,690 crore as of September 2026, supported by a loan book increase to ₹79,182 crore. Funding this growth involves higher borrowings (₹29,835 crore) and a substantial rise in debt securities issued (₹34,196 crore). While cash flow from operating activities improved to -₹5,892 crore in Mar 2026 from previous negatives, it remains negative, indicating reliance on external financing for operations. Shareholding patterns show stable promoter holding around 37%, while FIIs and DIIs have seen minor fluctuations.

- Sequential Profit Divergence: Q2 FY2026-27 revenue grew to ₹2,738 crore, but net profit fell to ₹517 crore due to rising finance costs (₹1,314 crore) and impairments (₹164 crore).
- Strong Long-Term Earnings: TTM net profit is ₹2,220 crore with an EPS of ₹199.81; ROE has remained steady at 15% for the past three years.
- Asset-Led Growth & Leverage: Total assets expanded to ₹92,690 crore (Sep 2026) with loans at ₹79,182 crore; funded by increased borrowings (₹29,835 crore) and debt securities (₹34,196 crore).
- Negative Operating Cash Flow: Cash from operating activity remained negative at -₹5,892 crore in Mar 2026, though less severe than prior years, signaling continued dependence on external funding.

### Bear Case

Sundaram Finance faces significant near-term headwinds, evidenced by a sharp technical breakdown and prolonged underperformance. As of November 6, 2026, the stock trades at ₹4,201, reflecting a year-to-date decline of 21.1% and a current drawdown of 24.7%, with a maximum historical drawdown reaching 30.1%. Daily and weekly technical indicators are bearish; the daily Supertrend is down, supported by negative slopes in both the 20-day EMA (-9.47) and SMA (-48.37). The stock has lost momentum over the past month (-3.4%) and six months (-10.6%), trading within a volatile environment characterized by 34.0% annualized volatility. While Q2FY27 results showed strong operational growth (21% PAT rise to ₹475 crore), the market pricing suggests caution regarding valuation or future outlook, as resistance levels remain elevated above current prices.

- Technical Breakdown: Daily and weekly Supertrends are bearish, with negative slopes on key moving averages (EMA-20 slope -9.47; SMA-20 slope -48.37), indicating sustained selling pressure.
- Prolonged Underperformance: The stock has declined 21.1% year-to-date and 13.5% over the last year, with a current drawdown of 24.7% against a maximum drawdown of 30.1%.
- High Volatility: Annualized volatility stands at 34.0%, with an ATR of 3.27%, suggesting significant price swings and risk for short-term holders.
- Resistance Overhead: Immediate resistance is located at ₹4,325.4 (2.96% above), requiring a decisive break above this level to signal a potential trend reversal.

- [Stocks to Watch for Nov 5: Dabur, BSE, Nykaa, Lenskart, Torrent Power and more](https://www.cnbctv18.com/photos/market/stocks/stocks-to-watch-for-nov-5-dabur-nykaa-lenskart-torrent-power-rites-and-more-20027129.htm)
- [Sundaram Finance Q2 PAT up 21% at ₹475 crore, Chairman S Viji steps down](https://www.thehindubusinessline.com/money-and-banking/sundaram-finance-q2-pat-up-21-at-475-crore-chairman-s-viji-steps-down/article71666003.ece)
- [Sundaram Finance Limited has informed the Exchange about Sundaram Finance Limited has informed the Exchange about Institutional investors meet with ICICI Asset Management Company Limited. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_05112026212025_Investor_meet_ICICI_AMC.pdf)
- [Sundaram Finance Limited has submitted to the Exchange, the unaudited financial results for the quarter and half year ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143215_UFR30092026SD.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the approval granted for acquisition of 100% stake in Sundaram Alternate Assets Limited from Sundaram Asset Management Company Limited |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143500_AcquisitionSD.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the resignation of Mr. S. Viji, Chairman and Non-Executive Director of the Company |SUBJECT: Resignation](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143658_Resignationinitmation.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the Appointment of Mr. R. Venkatraman, Independent Director as the Chairman of the Company |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143944_Appointment.pdf)
- ["Sundaram Finance Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "Unaudited Standalone and Consolidated Financial Results for the Quarter and Half Year Ended 30th September 2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026144908_Pressrelease_SD.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the appointment of Mr. Sriram Viji as an Additional Director on the Board, to function as Non-Executive Non-Independent Director. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026154940_AppointmentofDirector.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding ''Investor Presentation" |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026170042_Investor_Presentation_H1FY_2027.pdf)

### FAQs

**What were Sundaram Finance's financial results for Q2FY27, and how did asset quality perform?**

For the quarter ended September 30, 2026 (Q2FY27), Sundaram Finance reported a standalone Profit After Tax (PAT) of ₹475 crore, representing a 21% year-on-year increase. This growth was driven by a 28% rise in disbursements and improved asset quality metrics.

**Who is the new Chairman of Sundaram Finance following recent leadership changes?**

On November 4, 2026, Mr. S. Viji resigned as Chairman and Non-Executive Director after 21 years. The Board subsequently appointed Independent Director Mr. R. Venkatraman as the new Chairman, marking the first time a non-family member holds this role.

**What corporate actions has Sundaram Finance approved regarding its group structure?**

The Board approved the cash acquisition of 100% stake in Sundaram Alternate Assets Limited (SAAL) from its subsidiary Sundaram Asset Management Company Limited for up to ₹75 crore. This move aims to simplify the group shareholding structure, with SAAL becoming a direct wholly-owned subsidiary upon completion by March 31, 2027.

**How has Sundaram Finance's stock price performed recently, and what are key technical levels?**

As of November 6, 2026, the stock closed at ₹4,201.0, down 21.1% year-to-date and 13.5% over the past year. The daily trend is bearish, with immediate support at ₹4,174.0 and resistance at ₹4,325.4. The stock currently trades 24.7% below its recent peak.

- [Stocks to Watch for Nov 5: Dabur, BSE, Nykaa, Lenskart, Torrent Power and more](https://www.cnbctv18.com/photos/market/stocks/stocks-to-watch-for-nov-5-dabur-nykaa-lenskart-torrent-power-rites-and-more-20027129.htm)
- [Sundaram Finance Q2 PAT up 21% at ₹475 crore, Chairman S Viji steps down](https://www.thehindubusinessline.com/money-and-banking/sundaram-finance-q2-pat-up-21-at-475-crore-chairman-s-viji-steps-down/article71666003.ece)
- [Sundaram Finance Limited has informed the Exchange about Sundaram Finance Limited has informed the Exchange about Institutional investors meet with ICICI Asset Management Company Limited. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_05112026212025_Investor_meet_ICICI_AMC.pdf)
- [Sundaram Finance Limited has submitted to the Exchange, the unaudited financial results for the quarter and half year ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143215_UFR30092026SD.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the approval granted for acquisition of 100% stake in Sundaram Alternate Assets Limited from Sundaram Asset Management Company Limited |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143500_AcquisitionSD.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the resignation of Mr. S. Viji, Chairman and Non-Executive Director of the Company |SUBJECT: Resignation](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143658_Resignationinitmation.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the Appointment of Mr. R. Venkatraman, Independent Director as the Chairman of the Company |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143944_Appointment.pdf)
- ["Sundaram Finance Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "Unaudited Standalone and Consolidated Financial Results for the Quarter and Half Year Ended 30th September 2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026144908_Pressrelease_SD.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding the appointment of Mr. Sriram Viji as an Additional Director on the Board, to function as Non-Executive Non-Independent Director. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026154940_AppointmentofDirector.pdf)
- [Sundaram Finance Limited has informed the Exchange regarding ''Investor Presentation" |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026170042_Investor_Presentation_H1FY_2027.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹4,174
- Risk regime: Price Risk Requires Attention

### Support levels
- 4105.15
- 4000
- 3816

### Resistance levels
- 4558.15625
- 4640.410876464844
- 4810.2

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.51% |
| return_10 | +5.52% |
| return_1m | -3.38% |
| return_1y | -13.53% |
| return_20 | +2.20% |
| return_3m | -9.61% |
| return_5 | +6.60% |
| return_6m | -10.61% |
| return_since_start | +2.77% |
| return_ytd | -21.06% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -30.09% |
| annualized_volatility | +33.97% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Sundaram Finance Limited Q2 FY2026-27: Income grows, period profit falls QoQ

For the quarter ended 30 September 2026, income rose 3.6% quarter on quarter (QoQ) to ₹2,749 crore, while profit for the period declined 18.8% to ₹517 crore. Expenses increased 6.2% and profit before tax fell 2.8% QoQ; year on year (YoY), income was up 14.5% and profit for the period rose 5.8%.

## Interest income and operating revenue advance

Interest earned increased 5.4% QoQ to ₹2,330 crore, from ₹2,210 crore in Q1 FY2026-27, and was 15.4% higher than in Q2 FY2025-26. It rose in each of the five quarters shown. Revenue from operations grew 3.5% QoQ to ₹2,738 crore and 14.8% YoY. Total income was ₹2,749 crore, compared with ₹2,653 crore in Q1 FY2026-27 and ₹2,401 crore in Q2 FY2025-26.

Loans stood at ₹79,182 crore at 30 September 2026, against ₹73,255 crore at 31 March 2026 and ₹68,572 crore at 30 September 2025. The larger loan balance accompanied the increase in interest earned. Other reported income included rental income of ₹66.3 crore, dividend income of ₹20.3 crore, fees and commission income of ₹115.6 crore, net gains of ₹17.9 crore on fair-value changes, and ₹3.9 crore from derecognition of financial instruments under the amortised cost category.

## Expenses outpace income growth

Expenses rose to ₹2,004 crore from ₹1,886 crore in Q1 FY2026-27, faster than the 3.6% increase in total income. Finance costs were ₹1,314 crore, up 5.4% QoQ. Impairment on financial instruments increased 17.5% to ₹164 crore, while other expenses rose 10.0% to ₹110 crore.

Employee benefit expense was ₹308 crore, depreciation and amortisation expense ₹68.7 crore, and fees and commission expense ₹39.8 crore. Finance costs remained the largest of the reported expense categories.

## Profit declines QoQ; comprehensive income also falls

Profit before tax was ₹745 crore, down 2.8% from ₹767 crore in Q1 FY2026-27 but up 14.7% from ₹650 crore in Q2 FY2025-26. Profit from continuing operations was ₹557 crore, compared with ₹569 crore in the previous quarter and ₹491 crore a year earlier.

Profit for the period fell to ₹517 crore from ₹636 crore in Q1 FY2026-27, but remained above ₹488 crore in Q2 FY2025-26. Tax expense was ₹188 crore, down from ₹198 crore in the previous quarter. Basic and diluted earnings per share were ₹46.88, versus ₹57.71 in Q1 FY2026-27 and ₹44.29 in Q2 FY2025-26; trailing twelve-month EPS was ₹203.99.

Total comprehensive income was ₹373 crore, compared with ₹1,053 crore in Q1 FY2026-27. Other comprehensive income shifted to a loss of ₹144 crore from income of ₹417 crore in the previous quarter, contributing to the QoQ decline in comprehensive income.

## Cash flows and balance sheet

Operating cash flow was negative ₹5,813 crore, investing cash flow positive ₹290 crore and financing cash flow positive ₹5,231 crore. Free cash flow was negative ₹5,524 crore for the quarter.

At 30 September 2026, borrowings stood at ₹29,835 crore, below ₹31,261 crore at 31 March 2026, while debt securities increased to ₹34,196 crore from ₹26,860 crore. Deposits were ₹8,757 crore. Total financial liabilities were ₹76,264 crore, total liabilities ₹76,631 crore and equity ₹16,059 crore; total assets were ₹92,690 crore.

Cash and cash equivalents were ₹233 crore, compared with ₹526 crore at 31 March 2026, while other bank balances were ₹1,630 crore. Financial assets stood at ₹90,896 crore and investments at ₹9,429 crore. Equity share capital was ₹110 crore.

## Key Takeaway

Sundaram Finance expanded income and its loan balance, with profit for the period still higher YoY. However, the QoQ result weakened as expenses grew faster than income and period profit fell; comprehensive income also declined sharply as other comprehensive income turned negative. The balance-sheet expansion alongside higher finance costs and impairment charges will be important context for assessing subsequent earnings.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +37.19%
- FII holding: +17.99%
- DII holding: +8.88%
- Mutual fund holding: +6.68%
- Retail holding: +9.05%
- Promoter pledged: +0.00%

### Major reported shareholders

- NALANDA INDIA EQUITY FUND LIMITED — +3.58%
- INDIA MOTOR PARTS AND ACCESSORIES LIMITED — +2.61% (Bodies Corporate)
- BRIGHT STAR INVESTMENTS PRIVATE LIMITED — +2.37%
- SBI MAGNUM MIDCAP FUND — +1.73%
- RAGHUVAMSA HOLDINGS PRIVATE LIMITED — +1.67% (Bodies Corporate)
- MR HARSHA VIJI — +1.63%
- MR SRIVATS RAM — +1.53%
- MRS NIVEDITA RAM — +1.48%
- UTHIRATTADHI SRIRAM HOLDINGS PRIVATE  LIMITED — +1.33% (Bodies Corporate)
- SILVER OAK HOLDINGS PRIVATE LIMITED — +1.29% (Bodies Corporate)

## Official filings

- 2026-11-06 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/SUNDARMFIN_06112026161717_NSE-Record_Date-Dec_26_Payts_DC.pdf)
- 2026-11-06 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/SUNDARMFIN_06112026161717_NSE-Record_Date-Dec_26_Payts_DC.pdf)
- 2026-11-05 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_05112026212025_Investor_meet_ICICI_AMC.pdf)
- 2026-11-04 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143215_UFR30092026SD.pdf)
- 2026-11-04 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143500_AcquisitionSD.pdf)
- 2026-11-04 — Management Change: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143658_Resignationinitmation.pdf)
- 2026-11-04 — Management Change: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026143944_Appointment.pdf)
- 2026-11-04 — Press Release: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026144908_Pressrelease_SD.pdf)
- 2026-11-04 — Management Change: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026154940_AppointmentofDirector.pdf)
- 2026-11-04 — Earnings Presentation: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_04112026170042_Investor_Presentation_H1FY_2027.pdf)
- 2026-11-04 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/SUNDARMFIN_04112026170443_Reg52_30092026.pdf)
- 2026-11-04 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/SUNDARMFIN_04112026170935_SFL_-_Q2_FY_26-27_-_Asset_Cover_Certificate.pdf)
- 2026-11-04 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_235_WebXMLFile_20261104_191034542.xml)
- 2026-11-04 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_235_WebXMLFile_20261104_190836184.xml)
- 2026-11-04 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_235_WebXMLFile_20261104_191138699.xml)
- 2026-11-04 — Financial Results Filing: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1753151_04112026082408_WEB.xml)
- 2026-11-04 — Financial Results Filing: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1753148_04112026082324_WEB.xml)
- 2026-10-30 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/SUNDARMFIN_30102026172436_CPredemptionintimation_30102026_SD.pdf)
- 2026-10-29 — Board Meeting Notice: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_29102026122735_sd.pdf)
- 2026-10-29 — Board Meeting Notice: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_235_WebXMLFile_20261029_123237968.xml)
- 2026-10-29 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_235_WebXMLFile_20261029_123237968.xml)
- 2026-10-29 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SUNDARMFIN_29102026180948_Sd.pdf)
- 2026-10-27 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/SUNDARMFIN_27102026134406_CP_Record_Nov202_6SD.pdf)
- 2026-10-26 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/SUNDARMFIN_26102026182058_NCDPay26102026_Z5-IntSD.pdf)
- 2026-10-26 — Generic Announcement: Sundaram Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/SUNDARMFIN_26102026182551_NCDPay26102026_X5_remdemption_IntSD.pdf)

## News and market events

- 2026-11-04 — CNBC-TV18: **Stocks to Watch for Nov 5: Dabur, BSE, Nykaa, Lenskart, Torrent Power and more** — Multiple companies including Dabur, Nykaa, Torrent Power, Apollo Hospitals, and BSE reported their Q2 results on November 4, with most posting double-digit profit growth. While entities like Apollo Tyres and RITES saw earnings declines or margin contractions, others such as PhysicsWallah and Chalet Hotels demonstrated significant improvements in profitability metrics despite varying revenue trends. — [Source](https://www.cnbctv18.com/photos/market/stocks/stocks-to-watch-for-nov-5-dabur-nykaa-lenskart-torrent-power-rites-and-more-20027129.htm)
- 2026-11-04 — The Hindu: **Sundaram Finance Q2 PAT up 21% at ₹475 crore, Chairman S Viji steps down** — Sundaram Finance reported a 21% rise in standalone net profit to ₹475 crore for Q2FY27, driven by 28% growth in disbursements and improved asset quality. Concurrently, Chairman S Viji stepped down after 21 years, with Independent Director R Venkatraman appointed as the first non-family member to hold the role. The board also approved the acquisition of Sundaram Alternate Assets Ltd for ₹75 crore to simplify the group structure. — [Source](https://www.thehindubusinessline.com/money-and-banking/sundaram-finance-q2-pat-up-21-at-475-crore-chairman-s-viji-steps-down/article71666003.ece)
- 2026-10-29 — The Hindu: **Post rate hike, highly rated large companies step up rupee bond issuances** — Following the RBI's October 7th repo rate hike to 5.50 per cent and a shift to a 'calibrated tightening' stance, highly rated large companies including SIDBI, NABARD, L&T Finance, Sundaram Finance, REC Ltd, Aditya Birla Housing Finance, and Bajaj Finance have stepped up domestic rupee bond issuances. These entities raised significant capital via non-convertible debentures with coupons ranging from 8.05 per cent to 8.70 per cent, while NABARD is also reportedly planning an additional ₹6,000 crore mobilization. — [Source](https://www.thehindubusinessline.com/money-and-banking/post-rate-hike-highly-rated-large-companies-step-up-rupee-bond-issuances/article71641148.ece)
- 2026-10-15 — Mint: **Sundaram Finance hikes interest rates on fixed deposits; offers up to 8% returns — check details and effective date | Mint** — Sundaram Finance has raised fixed deposit rates from October 16, 2026. Check revised rates across different tenures. — [Source](https://www.livemint.com/money/personal-finance/sundaram-finance-hikes-interest-rates-on-fixed-deposits-offers-up-to-8-returns-check-details-and-effective-date-11792079598334.html)
- 2026-08-04 — The Hindu: **Q1 Results Today Live: Bharti Airtel, ONGC, Pidilite, Marico, Nykaa, Bharti Hexacom, NHPC, MCX, Godrej Properties, Kalyan Jewellers, Alembic, RITES, Zydus Wellness to announce Q1 results, Ather Energy, KEI, Sundaram Finance shares gain after Q1, DLF, UPL, Nazara, IREDA in red** — Q1 Results Today, 4th August 2026 Live Updates: Follow businessline for more — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-bharti-airtel-ongc-pidilite-nykaa-marico-nhpc-mcx-godrej-properties-zydus-alembic-rites-kalyan-jewellers-uno-minda-tata-invest-united-breweries-results-04-august-2026/article71300717.ece)
- 2026-08-03 — The Hindu: **Q1 Results Today Live: UPL & Ather Energy narrows Q1 loss, Sundaram Finance, CAMS, Ethos Q1 PAT up, MobiKwik logs ₹8 cr profit, Jindal Stainless PAT dips, DLF, Torrent Power, IREDA, KEI, Inox, Nazara, KIMS, DOMS Q1 results today** — Q1 Results Today, 03rd August 2026 Live Updates: Get real-time Q1 FY27 earnings updates, profit growth, revenue numbers and management outlook — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-dlf-upl-ireda-kei-doms-industries-torrent-power-escorts-kubota-jindal-stainless-aether-energy-cams-ethos-nazara-mobikwik-results-03-august-2026/article71297478.ece)
- 2026-08-03 — CNBC-TV18: **Q1 Results LIVE Updates: UPL beats Street estimates, Ather Energy revenue surges** — Q1 Results LIVE Updates: SBI Funds Management, Ather Energy, Inox India, IREDA, DOMS Industries, DLF, Escorts Kubota, CAMS, NOCIL, Nazara Tech, PNC Infra, Torrent Power, UPL, Restaurant Brands Asia, PNC Infra, KIMS, KEI Industries, Jindal Stainless, Ethos, GSK Pharma, Bluejet Healthcare, Kansai Nerolac, JM Financial, Kalpataru, Dhanuka Agritech, Texmaco Rail, are among the companies reporting their earnings today. Results reactions will come from stocks like ITC, Maruti Suzuki, Muthoot Finance, Dixon tech, and many others. Watch this space for all the LIVE Q1 results updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-maruti-sbi-mf-upl-dlf-ireda-ioc-dixon-persistent-muthoot-cams-escorts-ather-abb-divis-share-price-liveblog-19959998.htm)
- 2026-08-03 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty IT rises 650 pts; LTM shares up 7%** — Sensex Today | Stock Market Live Updates: We are at the halfway mark of the day's trade, and the markets are trading on a strong footing, holding onto the gains. The Nifty is up over 200 points, rising above 24,600. The Nifty Bank is also higher, jumping over 530 points, rising to 57,600. ITC, Shriram Fin and IndiGo are top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-oil-fcnr-rupee-itc-maruti-autos-ioc-divis-zee-stl-banks-share-price-liveblog-19959976.htm)
- 2026-08-03 — The Hindu: **Sensex today | Stock Market Live: Sensex up 600 pts, Nifty holds 24,500; IndiGo leads gainers** — Sensex, Nifty, Stock Price Live Updates: The fresh week began on a positive note for Indian stocks, thanks to softer crude oil prices and stable global markets. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-3rd-august-2026/article71298312.ece)
- 2026-08-01 — The Hindu: **Sundaram Home Finance hikes interest rates for fixed deposits** — Sundaram Home Finance raises fixed deposit interest rates to 7.25%-7.75% effective August 1, benefiting regular customers and senior citizens. — [Source](https://www.thehindubusinessline.com/money-and-banking/sundaram-home-finance-hikes-interest-rates-for-fixed-deposits/article71293987.ece)
- 2026-07-23 — Economic Times: **Radhakishan Damani picks up 2% stake in this NBFC stock, which fell 17% in 2026. Do you own it?** — Billionaire Radhakishan Damani and his family have re-entered Sundaram Finance with a 2.37% stake in the June quarter through Bright Star Investments, after previously exiting the holding in FY26, according to the company's latest shareholding pattern. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/radhakishan-damani-picks-up-2-stake-in-this-nbfc-stock-which-fell-17-in-2026-do-you-own-it/articleshow/132575906.cms)

## Business profile

**Strategic vision:** Financial and investment services provider in India.

### Business segments
- **Vehicle Finance:** Financing the purchase of commercial vehicles and cars.
- **Housing Finance:** undefined
- **Mutual Funds:** undefined
- **General Insurance:** undefined
- **IT and Business Process Outsourcing:** undefined
- **Retail Distribution of financial services and products:** undefined

### Competitive strengths
- Nation-wide presence
- Member of the TSF group

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/sundarmfin
Markdown representation: https://faxioms.com/stocks/sundarmfin?render=md