Sundaram Finance Ltd.

Financial

	Sundaram Finance	L&T Finance	Mah & Mah Finl. Serv
Operational Metrics
Asset Management Sector
5 Yr AUM CAGR - Mutual Funds	13.5 %	12.95 %	32.19 %
% of AUM in equity fund	75.79 %	59.68 %	81.6 %
AUM - Mutual Funds	68559.68 Crs	72603.11 Crs	29447.14 Crs
Banking Sector
Fresh Slippages - Quarterly	129.59 Crs	n/a	n/a
Net Interest Margin	4.8 %	9.31 %	6.5 %
General Insurance Sector
Combined Ratio	114.3 %	n/a	n/a
Yield On Total Investments - General Insurance	5.76 %	n/a	n/a
Monthly Gross Direct Premium Income (GDPI)	289.9 Crs	n/a	n/a
Risk Retention Ratio	74.7 %	n/a	n/a
Float	3686.22 Crs	n/a	n/a
NBFC
Gross NPA	1.26 %	3.19 %	3.8 %
Net NPA	0.63 %	0.96 %	1.6 %
Capital to Risks Assets Ratio (CRAR)	20.5 %	20.53 %	16.7 %
Tier I Capital	16.8 %	1.63 %	14.8 %
Cost of Borrowing	6.3 %	7.8 %	n/a
AUM - NBFC	43987.0 Crs	93015.0 Crs	112454.0 Crs
Cost To Income Ratio	34.69 %	37.6 %	40.6 %
Financials
5 yr Average ROE	13.32 %	7.91 %	8.3 %
5yr average Equity Multiplier	5.92	5.5	5.77
5yr Average Asset Turnover Ratio	0.11	0.12	0.14
5yr Avg Net Profit Margin	21.2 %	11.62 %	10.81 %
5yr Avg Net Profit Margin	21.2 %	11.62 %	10.81 %
5yr CAGR Net Profit	12.65 %	6.42 %	12.44 %
5yr CAGR Sales	8.89 %	-0.85 %	5.89 %
5 yr CAGR PPOP	n/a	n/a	n/a
Price to Book	3.72	1.41	1.58
P/E	29.69	13.32	14.55
Shareholdings
Promoter Holding	37.23 %	66.29 %	52.16 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	1.34 %	2.76 %	0.0
Change in Mutual Fund Holding (3 Yrs)	-1.88 %	5.6 %	8.14 %

Business

	Sundaram Finance	L&T Finance	Mah & Mah Finl. Serv
Product Wise Break-Up	Product Wise Break-Up Interest Income 83.92 Fees and Commission 3.7 Lease Rental 2.29 Dividend 0.85 Others 9.24	-	-
Segment Break-Up	Segment Break-Up Asset Financing 91.57 Insurance 0 Defocused business 0 Infrastructure finance 0 Housing business 0 Rural business 0 Wholesale Business 0 Retail Business 0 Others 8.43	Segment Break-Up Defocused business 0.48 Asset Financing 0 Retail Business 85.78 Rural business 0 Insurance 0 Housing business 0 Infrastructure finance 0 Wholesale Business 11.84 Others 1.9	-
Location Wise Break-Up	Location Wise Break-Up South India 53.9 North India 28.5 West India 13.1 East India 4.5 India 0 Central India 0	Location Wise Break-Up Central India 0 North India 0 India 100.0 West India 0 East India 0 South India 0	Location Wise Break-Up Central India 10.0 North India 33.0 India 0 West India 18.0 East India 20.0 South India 19.0
Borrowings Break-Up	Borrowings Break-Up Bank Borrowing 35.8 Debenture 33.8 Securitisation 11.5 Comercial paper 4.7 WC Loans 0 NHB 0 ECB 0 Commercial Paper 0 NCD (retail) 0 NCD (ex retail) 0 Bank loan 0 Loans repayable on demand 0 Loans from corporates 0 Term loans 0 Others 14.2	Borrowings Break-Up Debenture 0 Securitisation 0 NHB 0 Loans repayable on demand 0 Term loans 0 Comercial paper 0 Commercial Papers 8.0 NCD 32.0 WC Loans 0 Loans from corporates 0 Bank Borrowing 0 Bank Loan 51.0 ECB 1.0 NCD 2.0 Others 6.0	Borrowings Break-Up Debenture 0 Securitisation 0 NHB 0 Loans repayable on demand 0 Loan From Banks 99.47 Comercial paper 0 Commercial Paper 0 NCD (ex retail) 0 WC Loans 0 Loan from Body Corporates 0.16 Bank Borrowing 0 Bank loan 0 ECB 0 NCD (retail) 0 Others 0.37
Premium Break-Up - General Insurance	Premium Break-Up - General Insurance Motors 64.81 Health Insurance 27.55 PERSONAL ACCIDENT 2.58 Fire Equipment 2.56 MARINE 1.77 Engineering 0.35 Workmens Compensation /Employers Liability 0.26 Public/Product Liability 0.12 Crop 0	-	-
AUM Break-Up - NBFC	AUM Break-Up - NBFC 4 Wheeler 24.0 Commercial Vehicles 21.3 Construction Equipment 10.6 Tractor Segment 7.5 SME 0 Pre-owned vehicles 0 0 Auto/ Utility vehicles 0 Others 36.6	-	AUM Break-Up - NBFC Utility Vehicles 40.0 SME 5.0 Commercial Vehicles 0 Commercial Vehicles 20.0 4 Wheeler 0 Pre-owned vehicles 18.0 Tractor Segment 0 Construction Equipment 0 Others 17.0
AUM Break-Up - Asset Management	AUM Break-Up - Asset Management EQUITY 74.35 Liquid/ Money Market 10.84 Debt 7.34 Balanced schemes 7.25 ETF 0 Equity 0 FMP 0 Gilt 0 Others 0.22	AUM Break-Up - Asset Management Liquid/ Money Market 13.94 Debt 25.22 Gilt 0 FMP 0 Equity 60.5 EQUITY 0 Balanced schemes 0 ETF 0 Others 0.34	AUM Break-Up - Asset Management Liquid/ Money Market 4.98 Debt 4.9 Gilt 0 FMP 0 Equity 0 Equity 82.03 Balanced schemes 8.02 ETF 0 Others 0.07

Sundaram Finance Ltd.

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