PERFORMANCE HIGHLIGHTS 9MFY20 Disbursements and AUM ₹ in Crore % Growth Disbursements AUM 4.9% 13000 -3.9% 35000 14.4% 8.5% 11000 31000 12739 12246 27000 9000 23000 7000 30502 28114 19000 5000 15000 3000 11000 9MFY19 9MFY20 31-Dec-2018 31-Dec-2019 AUM - Assets Under Management Disbursements 4.7% 4.9% 9MFY19 5.5% 6.6% 9MFY20 10.9% 10.9% ₹ 12739 Cr. 52.8% ₹ 12246 Cr. 52.0% Asset wise Asset 26.1% 25.6% CVs Cars Construction Equipment Tractors Others CVs Cars Construction Equipment Tractors Others 3.7% 4.0% 11.7% 12.3% ₹ 12246 Cr. 19.3% ₹ 12739 Cr. 21.0% 62.7% Region wise Region 65.3% South North West East South North West East AUM 5.3% 5.0% 5.9% 31-Dec-2018 5.8% 31-Dec-2019 9.3% 10.1% ₹ 28114 Cr. 52.7% ₹ 30502 Cr. 52.6% Asset wise Asset 27.7% 25.6% CVs Cars Construction Equipment Tractors Others CVs Cars Construction Equipment Tractors Others 3.6% 3.7% 12.5% 12.5% 19.6% ₹ 30502 Cr. 18.7% ₹ 28114 Cr. Region wise Region 64.2% 65.2% South North West East South North West East Funding Mix 50.0% Total 31-Dec-2018 31-Mar-2019 31-Dec-2019 43.9% 45.0% Borrowing ₹ 26788 Cr. ₹ 26673 Cr. ₹ 29206 Cr. 39.3% 39.2% 40.0% 35.0% 30.0% 25.5% 25.0% 24.1% 20.1% 20.4% 20.0% 17.3% 15.6% 15.0% 11.6%12.7% 11.0% 10.5% 10.0% 5.5% 5.0% 3.3% 0.0% Debentures Securitisation Bank Deposits Commercial Borrowings * Paper 31-Dec-2018 31-Mar-2019 31-Dec-2019 * Includes a) Term loans b) Commercial Papers and demand loans availed from the limits. Profit & Loss Statement ₹ in Cr. FY19 Particulars 9MFY20 9MFY19 3285.98Revenue From Operations 2873.14 2411.51 20.56Other Income 73.23 13.13 3306.54Total Revenue 2946.37 2424.64 1766.47Finance cost 1556.39 1288.91 537.45Operating expenses 439.72 399.29 107.33Impairment on financial instruments 170.70 64.72 895.28Profit Before Tax and exceptional item 779.55 671.72 592.43Exceptional Item - - 361.40Tax 186.50 220.17 1126.31Profit After Tax and exceptional item 593.06 451.56 2.78Other Comprehensive Income (net of taxes) 58.52 1.04 1129.09Total Comprehensive Income for the period year 651.58 452.59 1. Revenue from Operations is net of depreciation on Operating lease. 2. Other income for 9MFY20 includes ₹ 60.05 Cr. towards profit on sale of shares in Sundaram Finance Holdings Limited(SFHL). 3. Exceptional item represents, sale of stake in Royal Sundaram General Insurance Co. Limited (RSGI) to Ageas Insurance International N.V, The Netherlands in Feb 2019. 4. Consequent to the share purchase agreement executed by the Company for divestment of its shareholding in Equifax Credit Information Services Private Limited, the gain on such shareholding is reflected as Fair Value Through Other Comprehensive Income. 5. The company has declared Interim dividend of ₹ 10 per share (100%) for the financial year ending 31st March 2020. Balance Sheet ₹ in Cr. 31-Mar-2019Particulars 31-Dec-2019 31-Dec-2018 EQUITY AND LIABILITIES 25530.90Financial Liabilities 27811.21 25143.17 74.46Non Financial Liabilities 64.50 63.25 5043.81Equity 5536.94 4433.06 30649.18Total - EQUITY AND LIABILITIES 33412.65 29639.48 ASSETS 30081.43Financial Assets 32775.47 29119.06 567.74Non Financial Assets 637.18 520.42 30649.18Total – ASSETS 33412.65 29639.48 Key Ratios Net worth (₹ in Cr.) Book value per share (₹) Debt Equity CRAR 6.0 20.0% 6500 550 19.4% 498 19.0% 17.6% 5500 454 500 5.0 18.0% 399 17.0% 17.0% 4500 450 4.0 16.0% 15.0% 3500 400 5.6 5537 3.0 5.0 14.0% 5044 4.9 2500 4433 350 13.0% 2.0 12.0% 1500 300 11.0% 500 250 1.0 10.0% 31-Dec-2018 31-Mar-2019 31-Dec-2019 31-Dec-2018 31-Mar-2019 31-Dec-2019 Portfolio Quality Gross NPA % Net NPA % 3.50% 3.00% 2.79% 2.50% 2.09% 2.00% 1.90% 1.38% 1.50% 1.33% 1.00% 0.83% 0.50% 0.00% 31-Dec-2018 31-Mar-2019 31-Dec-2019 Gross & Net NPA corresponds to stage 3 assets, calculated as per Expected Credit Loss model under Ind AS. Branch Network No. of Branches : 668 (PY 9M : 654) 31-Dec-2019 No. of Employees : 4229 (PY 9M: 4050) 67 42 169 390 South North West East Subsidiaries, Joint Ventures & Associates Subsidiaries Joint Venture Sundaram Home Finance Limited Royal Sundaram General Insurance Co. Limited Sundaram Finance Holdings Limited Associates (SFHL) Sundaram Asset Management Company Limited Axles India Limited Sundaram Asset Management Singapore Pte. Limited Turbo Energy Private Limited Sundaram Trustee Company Limited Transenergy Limited Sundaram Dynacast Private Limited Sundaram Fund Services Limited Sundaram Hydraulics Limited Flometallic India Private Limited (erstwhile Sundaram BNP Paribas Fund Services Limited) Dunes Oman LLC (FZC) Sundaram Business Services Limited LGF Services Limited Sundaram Alternate Assets Limited Sundaram Finance Employee Welfare Trust Consolidated Results ₹ in Cr. PAT 1000 765 * 800 582 596 600 400 200 Net Worth 0 6585 9MFY19 FY19 9MFY20 7000 6259 5968 EPS (₹) 52.83 69.47 54.09 6000 5000 * Excludes Exceptional item (sale of stake in Royal Sundaram General Insurance Co. Limited (RSGI) to Ageas Insurance International N.V ,The 4000 Netherlands in Feb 2019). 3000 2000 1000 31-Dec-18 31-Mar-19 31-Dec-19 Book Value (₹) 541.88 568.29 597.72 Sundaram Home Finance ₹ in Cr. FY19 Particulars 9MFY20 9MFY19 2449Disbursements 1723 1822 69% -Housing 69% 68% 31% -Non-Housing 31% 32% 9064AUM 9507 8866 70% -Housing 70% 69% 30% -Non-Housing 30% 31% 146PAT 136 120 14.37EPS (₹) *17.94 *15.77 1252Net worth 1330 1226 123.66Book Value (₹) 131.41 121.09 2.95%Gross NPA # 3.97% 3.71% 0.93%Net NPA 2.02% 1.41% 23.50%CAR # 22.4% 22.5% 115Branches 115 116 755Employees 805 767 * annualised # as per prudential norms. Royal Sundaram ` in Cr. FY19Particulars 9MFY20 9MFY19 3196Gross Written Premium 2813 2458 113PAT * (12) 80 1102Net worth 1085 1058 108.1%Combined Operating Ratio 113.6% 108.1% 2105Employees 2331 2092 * For the nine months ended 31st Dec 2019, the company has provided ₹ 64.12 Cr. (net of tax) towards impairment in respect of exposure to DHFL. Sundaram Asset Management ₹ in Cr. FY19Particulars 9MFY20 9MFY19 35656Average AUM 36222 36032 22603 -Equity 24581 22503 13053 -Debt 11641 13529 29PAT 22 18 198Net worth 203 187 354Employees 364 361 11,87,512Retail Investors 10,57,470 11,79,781 Disclaimer 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 best of our knowledge. No information contained herein has been independently verified by anyone else or approved by any regulatory authorities. No warranty is given as to their accuracy and the company does not accept any responsibility and shall not be liable for any direct or indirect loss caused, arising from and/or use of this document. Forward-looking statements, if any, are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant statement. The contents of the website are subject to changes and reviews from time to time without notice. By accessing the site, you are deemed to accept the disclaimer clause. Shri M Ramaswamy Shri P Viswanathan Chief Financial Officer Secretary & Compliance Officer Sundaram Finance Limited Sundaram Finance Limited 21, Patullos Road 21, Patullos Road Chennai – 600002 Chennai – 600002 Phone(D) : 044 – 28881341 Phone(D) : 044 – 28881207 Mail : [email protected] Mail : [email protected].