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{{short description|Indian financial services company}}
{{Use dmy dates|date=July 2020}}
{{Use Indian English|date=July 2020}}
{{Infobox company
| name = Sundram Finance Limited
| type = [[Public company|Public]]
| logo = Sundaram Finance Limited Logo.jpg
| caption =
| foundation = {{start date and age|df=y|1954}}
| founder = T.S.Santhanam
| location_city = [[Chennai]], [[Tamil Nadu]]
| location_country = [[India]]
| area_served =
| key_people = T. T. Srinivasaraghavan, <small>(Managing Director & CEO)</small><ref>[https://www.bloomberg.com/research/stocks/people/person.asp?personId=8442524&privcapId=7985977 "About CEO"]</ref>
| num_employees =
| revenue = {{INRConvert|4722|c}} (2020)<ref name="Financials">{{cite web|url=https://www.moneycontrol.com/india/stockpricequote/finance-leasinghire-purchase/sundaramfinance/SF20|title=Sundram Finance Ltd. Financial Statements |website=moneycontrol.com}}</ref>
| operating_income = {{INRConvert|3443|c}} (2020)<ref name="Financials"/>
| net_income = {{INRConvert|805|c}} (2020)<ref name="Financials"/>
| assets = {{INRConvert|44720|c}} (2020)<ref name="Financials"/>
| equity =
| industry = [[Financial services]]
| subsid =
| traded_as = {{NSE|SUNDARMFIN}} <br/> {{BSE|590071}}
| products = [[Mutual funds]], [[Mortgage loan]]s, [[Insurance]], [[SME finance]]
| homepage = {{URL|https://www.sundaramfinance.in/}}
}}

'''Sundaram Finance Limited''' is an Indian financial and investment service provider, based in [[Chennai]]. The company offers consumer loans, [[wealth management]], [[commercial finance]], [[investment banking]], [[private equity]], treasury advisory, credit cards and infrastructure finance, among others.<ref>{{Cite news|url=https://economictimes.indiatimes.com/markets/stocks/news/sundaram-finance-spurts-8-post-q1-numbers/articleshow/65557471.cms|title=Sundaram Finance spurts 8% post Q1 numbers|date=2018-08-27|work=The Economic Times|access-date=2018-11-06}}</ref>

Sundaram Finance Limited was established in 1954.<ref>{{Cite news|url=https://www.murugappa.com/cholamandalam-investments/|title=NBFC in India {{!}} Home Equity Loans {{!}} Vehicle Loans {{!}} Chola|access-date=2018-11-06|language=en-US}}</ref> The company is registered with the [[Reserve Bank of India]] (RBI) as a Systematically Important Deposit Accepting Non-Banking Financial Company.<ref>{{Cite web|url=https://www.moneycontrol.com/news/business/moneycontrol-research/sundaram-finance-a-steady-performer-buy-2960611.html|title=Sundaram Finance: A steady performer, buy|website=Moneycontrol|date=18 September 2018|first=Neha|last=Dave|language=en-US|access-date=15 July 2020}}</ref> As of December 2017, the company has a market capitalisation of {{INR}}26,000 crore<ref>{{Cite news|url=https://www.thehindubusinessline.com/specials/auto-focus/sundaram-finance-cautious-on-its-prospects-in-truck-industry/article24646522.ece|title=Sundaram Finance prefers to be circumspect even as truck sales soar|work=@businessline|access-date=2018-11-06|language=en}}</ref> and operates through more than 640 branches across the country.<ref>{{Cite web|url=https://www.bloomberg.com/research//stocks/private/snapshot.asp?privcapId=7985977|title=Company Overview of Sundaram Finance Limited|website=bloomberg.com}}</ref>

==Subsidiaries and joint venture==
The company has six subsidiaries and manages assets worth {{INRConvert|69|b}} and has over 4,000 employees as of March 2017.<ref>[https://www.moneycontrol.com/news/business/moneycontrol-research/sundaram-finance-a-steady-performer-buy-2960611.html "A steady performer"]</ref> Through various subsidiaries, the group is in the business of [[life insurance]], [[asset management]], [[private equity]], [[corporate finance]], [[structured finance]], [[Insurance broker|insurance broking]], [[wealth management]], [[Stockbroker|equity broking]], [[Foreign exchange market|currency broking]], [[commodity broker|commodity broking]], [[Financial adviser|financial advisory services]], [[Mortgage loan|housing finance]], [[Pension fund|pension fund management]] and [[health insurance]].<ref>{{cite news | url=https://www.thehindu.com/todays-paper/tp-business/sundaram-finance-holdings-ltd-q1-net-profit-at-rs-2001crores/article24796248.ece | title=Sundaram Finance Holdings Ltd Q1 Net Profit at Rs. 20.01crores | date=28 August 2018 | quote=SFHL is the holding company for all non-financial services investments of the Sundaram Finance Group | newspaper=The Hindu | access-date=15 July 2020 }}</ref>

In 2017–18, Sundaram Finance demerged its non-financial investments in automotive and manufacturing businesses into a separate company called Sundaram Finance Holdings Limited (SFHL). SFHL holds minority stakes in a number of [[TVS Group]] companies including [[Sundaram - Clayton Limited|Sundaram Clayton]], Turbo Energy, Wheels India, Brakes India and Axles India.<ref>{{cite news |title=Sundaram Finance to demerge non—financial service biz |url=https://www.thehindu.com/business/sundaram-finance-to-demerge-nonfinancial-service-biz/article17319543.ece |access-date=11 April 2021 |work=The Hindu |date=17 February 2017 |language=en-IN}}</ref><ref>{{cite news |title=Sundaram Finance Holdings Limited - 26th Annual Report 2019-20 |url=http://www.sundaramholdings.in/app_documents/companyinfo/investorinfo/01.%20Annual%20Report/2019-2020/2.%20SFHL%20Annual%20Report%20%202019-20.pdf?v=1cff72dc-0836-4492-b809-09b896088453 |access-date=11 April 2021 |work=www.sundaramholdings.in}}</ref>

The six subsidiaries of Sundaram Finance are:<ref>{{cite news |title=Sundaram Finance Limited - 67th Annual Report 2019-20 |url=https://www.sundaramfinance.in/assets/app_docs/downloads/annual-reports/2019-2020/sflar1920.pdf?v=3.0 |access-date=11 April 2021 |work=sundaramfinance.in}}</ref>
* Sundaram Finance Holdings
* Sundaram Home Finance (formerly Sundaram [[BNP Paribas]] Home Finance)<ref>{{cite news |title=Sundaram Finance to buy out BNP in JV |url=https://www.thehindu.com/business/Industry/sundaram-finance-to-buy-out-bnp-in-jv/article28089123.ece |access-date=11 April 2021 |work=The Hindu |date=20 June 2019 |language=en-IN}}</ref>
* Sundaram Asset Management Company
* Sundaram Fund Services
* Sundaram Trustee Company
* LGF Services

Sundaram Finance also has a 50% stake in [[Royal Sundaram General Insurance]], a joint venture with [[Ageas]] (40% stake) and Indian investors (10% stake).<ref>{{cite news |last1=Jagannathan |first1=K. t |title=Royal Sundaram becomes a JV again |url=https://www.thehindu.com/business/royal-sundaram-becomes-a-jv-again/article26344185.ece |access-date=11 April 2021 |work=The Hindu |date=22 February 2019 |language=en-IN}}</ref>

==References==
{{Reflist}}

==External links==
* {{official|https://www.sundaramfinance.in}}

[[Category:Financial services companies based in Chennai]]
[[Category:Indian companies established in 1954]]
[[Category:Financial services companies established in 1954]]
[[Category:TVS Group]]
[[Category:1954 establishments in Madras State]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

{{Finance-company-stub}}

Sundaram Finance - Revision history

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