- Sundaram Finance reported net income of 5.06 billion rupees for the 4th quarter.
- This net income signifies a year on year growth of 60%.
- The net income greatly surpassed estimates which were placed at 3.39 billion rupees.
- The company reported a remarkable revenue of 15.7 billion rupees, showing a 50% increase year on year.
- The projected estimates for revenue were notably lower at 6.29 billion rupees.
- Total costs for the quarter also increased, totaling 11 billion rupees – a rise of 57% year on year.
- A dividend per share of 16 rupees was declared.
- The company’s performance has been positively received with 6 buys, 2 holds and just one sell.
- All comparisons to past results are based on values reported by the company in their original disclosure.
A look at Sundaram Finance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Sundaram Finance has a promising long-term outlook. With a strong score of 4 for Dividend and a top score of 5 for Momentum, the company shows potential for consistent payouts to investors and robust performance momentum.
However, it faces challenges in terms of Resilience with a score of 2. This indicates that the company may have some vulnerabilities in adapting to adverse market conditions. Despite this, the overall outlook for Sundaram Finance looks favorable given its solid foundation in growth and value, scoring 3 in both categories.
Sundaram Finance Ltd. is a financial services company based in Chennai, India. It offers a range of financial products including savings products, vehicle finance, insurance, home loans, and logistics services. With overall scores reflecting good value, dividend payouts, growth potential, and strong momentum, investors may find Sundaram Finance to be a promising investment option for the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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