SUNDARMFINNSE8 February 2022

Sundaram Finance Limited has informed the Exchange about Investor Presentation

Sundaram Finance Limited

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PERFORMANCE HIGHLIGHTS

9MFY22

CONTENTS

Overview of Sundaram Finance

Financial results & performance

Key trends in financial performance

Consolidated results

More about Sundaram Finance

01 Overview of Sundaram Finance

OUR VISION, MISSION AND PHILOSOPHY

Service

Vision

To be the most respected NBFC in the country

Mission

To deliver the “Sundaram experience” to all our customers, big and small, in keeping with the ethos of the company

Growth Quality Profitability

THE SUNDARAM WAY

Service To be of service even when time is against you

Discipline To know that discipline is your ally in all situations

Prudence To be the voice of prudence in the midst of chaos

Fair play To stand for fair play when the odds are stacked against you

Humility To realise that humility is the greatest virtue

Honesty To believe that honesty is the only policy

Openness To be open to scrutiny, anywhere, anytime

Integrity To put integrity about all else

Relationships To know that we are not merely the holders of people’s money; but more importantly the custodians of their trust

THE SF GROUP

AUM

29,796

7,299

9,253

46,355

Branches

Employees

Customer count

612

158

105

4,228

2,362

807

343

5,26,134

28,37,944

39,906

10,38,211

Joint Venture with Ageas Insurance International NV

100% subsidiary

Group

92,703

960

7,740

44,42,195

STRATEGIC SOURCES OF DISTINCTIVENESS

67-year heritage of trust and prudence

Pioneer of hire-purchase finance in India

Diversified financial services group across lending, general insurance, home finance and asset management with total AUM of over Rs.90,000 cr.

Lending business focused on the underserved but aspiring Indian entrepreneur (road transport operator, infrastructure contractor, small farmer, MSME owner)

Legacy of deep customer connect and loyalty with over 80% renewal rate across offerings

Technology-enabled and data-powered approach to a high-touch customer approach

Consistent best-in-class asset quality performance over decades

PRODUCT OFFERINGS

Asset Finance

Commercial lending

Working capital finance

Distribution

• Cars

• Commercial vehicles

• Construction equipment

• Leasing

• NBFC

• SME

• Tractors and farm equipment

• Supply chain financing

• Used vehicles

• Diesel

•

Insurance

• Tyre

• General insurance

• Home loans

•

Investment services

• Life insurance

• Mutual funds

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

Receivables Under Management

₹ in Crore

35,088 35,736

33,447

28,648

24,036

20,699

17,645 18,158 18,734

15,540

12,354

2,259

2,670

3,093

7,327

4,488

5,452

8,925

9,204 10,219

Mar-02 Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

PAT

₹ in Crore

1,126

522

809

724 53

171

89 82

100

213

136

151

295 39

256

227 26

201

443

410

454 26

477 41

355

563

495

428

436

671

604

Mar-02 Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Exceptional item

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

Market Capitalization

₹ in Crore

28,560

17,940 18,634

17,318

16,859

14,450

13,366

240

256

533

782

1,078 1,099 1,602

917

2,096 2,722

7,359

5,265

3,645

Mar-02 Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

Return on Equity %

24.5

22.8

22.1

20.7

21.4

21.2

19.7

17.6

18.4

13.7

12.6

11.9

11.0

9.9

8.6

15.2

14.0

14.3

13.7

13.8

Mar-02 Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

02 Financial results & performance

OVERALL HIGHLIGHTS OF FINANCIAL PERFORMANCE

As of 31st December 2021

AUM

Gross Stage 3

Cost-to-income

₹29,796 Crores

3.39%

30.13%

ROA

2.3%

ROE

12.5%*

4.6% down from Dec 20

3.45% in Sep 21

30.14% in 9MFY21

2.2% in 9MFY21

13.7% in 9MFY21

*Core ROE (excluding investments in subsidiaries) at 16.2% vs. 19.2%

100% interim dividend (₹ 10 per share) declared

14 14

HIGHLIGHTS – GROWTH

Growth in disbursements was based on economic activity recovering from the pandemic and while demand remained strong, supply remained challenged across asset classes due to a range of issues, including the global semiconductor chip shortage.

Disbursements for 9MFY22 recorded a growth of 12.9% to ₹9,524 crores as compared to ₹8,437 crores registered in the corresponding period of the previous year. Adjusting for the pandemic- induced ECLGS scheme, core business disbursements grew 26% in 9MFY22 compared to 9MFY21

Pursuant to RBI’s notification on Resolution Framework 2.0 related of advances to customers, assets totaling ₹781 crores, about 2.68% of outstanding loans, were restructured in 9M FY22. The total restructured assets were ₹2,089 crores, about 7.16% of outstanding loans as on 31st December 2021.

The assets under the management stood at ₹29,796 crores as on 31st December 2021 as against ₹31,226 crores as on 31St December 2020.

The restructuring was targeted at sectors and segments severely impacted by the Covid-19 pandemic: Education (school bus operators), (staff transportation travel/tourism taxi operators) and market-load operators amongst (tour operators, commercial vehicles who have been hit by lack of demand for their services as well as rising fuel prices

operators),

route

and

bus

HIGHLIGHTS – QUALITY

Our asset quality continued to remain best-in-class although still off our traditional standards largely due to several sub-segments of customers – bus operators (tourism, staff, route transportation and schools), tourist taxi operators and small, 1-2 vehicle market load operators – continuing to struggle to recover from the effects of the pandemic.

Gross stage 3 assets as on 31st December 2021 stood at 3.39% with provision cover of 39% when compared to 3.45% with 39% provision cover as of 30th September 2021.

Net stage 3 assets as of 31st December 2021 closed at 2.09% as against 2.12% as on 30th September 2021

With a view to ensuring uniformity in the implementation of IRACP norms across all lending institutions, RBI vide its circular dated 12th November 2021 - "Prudential norms on Income Recognition, Asset Classification and Provisioning (IRACP) pertaining to Advances” has tightened the NPA norms for NBFCs with immediate effect. The Company has taken steps to comply with the changes for regulatory reporting, as applicable. The Company continues to prepare the financial results in accordance with the applicable Ind-AS guidelines and maintains adequate ECL provisions as per Ind AS 109.

HIGHLIGHTS – PROFITABILITY

Profit growth was constrained by the need to create impairment provisions required by the stresses induced by the pandemic to several customer sub-segments. We remain confident in our credit filters, strong customer relationships and ongoing efforts by team Sundaram in nurturing these stressed customers back to normalcy.

Cost to income closed at 30.13% in 9MFY22 as against 30.14% in 9MFY21.

Return on assets (ROA) for 9MFY22 closed at 2.3% as against 2.2% for 9MFY21. For FY21, ROA was at 2.3%.

Profit after tax at ₹605 crores in 9MFY22 crores as against ₹600 crores in 9MFY21

Return of equity (ROE) was at 12.5% for 9MFY22 as against 13.7% for 9MFY21. If we exclude investments in subsidiaries and group companies, core ROE was at 16.2% for 9MFY22 as against 19.2% for 9MFY21

PROFIT & LOSS STATEMENT

FY21

Particulars

Q3FY21

Q3FY22

Q2FY22

9MFY21

9MFY22

₹ in Crore

3,917.00

60.46

Revenue From Operations*

Other Income

3,977.46

Total Revenue

2,030.73

Finance cost

574.37

316.06

2,921.16

1,056.30

809.05

Operating expenses

Impairment

Total Expenses

Profit Before Tax

Profit After Tax

*Revenue from operations is net of depreciation on operating lease.

1,034.49

2.50

1,036.99

507.13

139.98

69.69

716.80

320.19

242.22

947.14

2.94

950.08

417.28

168.98

96.42

682.68

267.40

202.38

1,011.76

2,959.67

2,900.25

3.35

1,015.11

413.41

157.97

165.27

736.65

278.46

210.65

10.24

2,969.91

1,546.01

420.39

210.53

11.78

2,912.03

1,289.22

476.93

346.89

2,176.93

2,113.04

792.98

599.85

798.99

604.61

BALANCE SHEET

31-Mar-21

Particulars

31-Dec-20

30-Sep-21

31-Dec-21

₹ in Crore

Equity and Liabilities

28,724.24

Financial Liabilities

48.77

Non-Financial Liabilities

6,179.45

Equity

34,952.46

Total – Equity and Liabilities

Assets

34,182.51

Financial Assets

769.95

Non-Financial Assets

34,952.46

Total – Assets

30,154.87

27,331.10

27,561.03

51.63

61.59

63.40

6,104.36

6,506.67

6,709.46

36,310.86

33,899.36

34,333.89

35,608.83

33,086.75

33,475.75

702.03

812.61

858.14

36,310.86

33,899.36

34,333.89

03 Key trends in financial performance

FINANCIAL SUMMARY

Year

Paid-up Capital

Networth

Disbursements

Receivables Under Management

PAT

Dividend %

Mar-11

Mar-12

Mar-13

Mar-14

Mar-15

Mar-16

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Dec-21

55.55

*111.10

111.10

1,530

1,789

2,087

2,405

2,978

3,313

3,746

4,134

5,044

5,547

6,179

6,709

7,592

9,433

9,991

9,719

10,012

11,444

13,218

15,712

17,170

15,175

11,742

9,524

* Increase in Capital by way of 1:1 bonus issue, ** Adjusted for demerger ₹460.57 Cr, # Includes special dividend of 50%. @ Excludes exceptional item, Market Capitalisation is on the last day of respective period ends. & Interim Dividend

12,354

15,540

17,645

18,158

18,734

20,699

24,036

28,648

33,447

35,088

35,736

34,106

295.23

355.45

410.11

442.51

454.14

477.28

**495.35

563.44

@604.04

723.95

809.05

604.61

140

155

100

105

110

115

120

#175

130

180

&100

₹ in Crore

Market Capitalisation

2,722

3,645

5,265

7,359

16,859

14,450

17,940

18,634

17,318

13,366

28,560

25,415

DISBURSEMENTS AND AUM

Disbursements

17,170

15,712

15,175

13,218

11,742

₹ in Crore

AUM

28,984 4.8%

29,936 4.6%

30,882 2.7%

31,226 3.2%

29,796 1.5%

95.2%

95.4%

97.3%

96.8%

98.5%

24,964

10.6%

89.4%

20,735

24.8%

75.2%

8,437

4,334

3,174

929

9,524

3,843

3,621

2,060

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Dec-20 Dec-21 -11.6%

-22.6%

-31.1%

18.9%

12.9%

9.3%

Growth 15.5%

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Dec-20

Dec-21

Growth

15.9%

20.4%

16.1%

3.3%

3.2%

2.4%

-4.6%

On Books

Assigned / Securitised

DISBURSEMENTS

Asset wise

Dec-20

16.2%

29.6%

12.5%

₹ 8,437 Cr.

13.8%

27.9%

Used Vehicles – 14.7%

5.1%

10.3%

Region wise

26.9%

₹8,437 Cr.

57.7%

Dec-21

4.3%

9.7%

CVs

Cars

11.4%

₹9,524 Cr.

44.8%

Construction Equipment

29.8%

Used Vehicles – 19.3%

4.3%

14.1%

₹9,524 Cr.

50.1%

31.5%

Tractors

Others

South

North

West

East

AUM

Asset wise

7.2%

11.2%

Dec-20

8.7%

Dec-21

9.3%

8.1%

CVs

Cars

₹31,226 Cr.

48.2%

11.1%

₹29,796 Cr.

45.7%

Construction Equipment

24.7%

25.8%

Used Vehicles – 15.3%

Used Vehicles – 14.9%

4.1%

12.4%

4.2%

12.8%

Region wise

21.2%

₹31,226 Cr.

62.3%

₹29,796 Cr.

24.4%

58.6%

Tractors

Others

South

North

West

East

PORTFOLIO QUALITY

Gross Stage 3%

Net Stage 3%

3.45%

3.39%

2.47%

1.84%

1.54%

1.27%

1.33%

2.12%

2.09%

1.65%

1.01%

0.55%

0.66%

0.83%

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Sep-21 Dec-21

Gross & Net Stage 3% - is as per IGAAP as on 31st Mar 17

FUNDING MIX

₹ 19,373 Cr.

₹ 24,085 Cr.

₹ 26,673 Cr.

₹ 29,007 Cr.

₹ 29,251 Cr.

₹ 27,562 Cr.

₹ 27,635 Cr.

18.3%

12.4%

28.2%

7.0%

34.1%

8.3%

10.9%

24.2%

19.9%

36.7%

3.4%

11.6%

20.4%

25.4%

39.2%

7.7%

13.2%

16.7%

45.7%

2.5%

14.3%

11.3%

19.9%

6.6%

15.6%

8.1%

17.5%

52.0%

52.2%

3.1%

15.5%

9.8%

15.5%

56.1%

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Sep-21

Dec-21

Debentures

Bank Borrowings*

Securitisation

Deposits

Commercial Paper

* Includes a) Term loans b) Commercial Papers and demand loans availed against the sanctioned limits.

PAT & ROA

Profit after Tax

1,126

522

809

724 53

604

671

563

495

600

242

192

166

605

202

211

192

Return on Assets - %

₹ in Crore

2.2

2.0 #

2.3

2.2

2.3

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Dec-20 Dec-21

EPS (₹)

44.6

50.7

101.4

65.2

72.8

54.0

54.4

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Dec-20

Dec-21

Exceptional Item

# adjusted for exceptional item

NET WORTH

Net worth

5,547

5,044

6,179

6,104

6,709

4,134

3,746

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Dec-20

Dec-21

Book Value (₹)

337.1

372.1

454.0

499.3

556.2

549.4

603.9

LEVERAGE AND CAPITAL ADEQUACY

Leverage

Capital adequacy

5.1

5.0

4.9

4.6

3.7

17.9%

18.0%

19.4%

18.4%

4.0

23.6%

22.1%

19.8%

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Dec-20

Dec-21

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Dec-20

Dec-21

04 Consolidated results

CONSOLIDATED RESULTS

Profit after Tax

Net Worth

₹ in Crore

8,574

7,730

7,586

1,161

1,165

683

730

792

895

343

283

269

833

289

259

285

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Dec-20

Dec-21

EPS (₹)

61.5

66.3

105.4

71.9

105.7

81.2 75.6

Book Value (₹)

6,677

6,259

5,649

4,809

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Dec-20 Dec-21

432.9

513.0

568.3

606.1

701.6

688.5

778.1

CONSOLIDATED RESULTS

Particulars

Share of Net Worth

Share in Profit

₹ in Crore

Sundaram Finance Ltd. Subsidiaries: Sundaram Finance Holdings Ltd. (Consolidated) Sundaram Asset Management Company Ltd. (Consolidated) Sundaram Home Finance Ltd. Sundaram Fund Services Ltd. Sundaram Trustee Company Ltd. LGF Services Ltd. Sundaram Finance Employees Welfare Trust

Joint Control Entities Royal Sundaram General Insurance Co. Ltd.

31-Dec-20

31-Dec-21

6,104.36

6,709.46

9MFY21

599.85

9MFY22

604.61

408.15

687.11

8.01

230.90 1,537.74 37.66 1.71 3.53 16.29

362.21 1,617.50 38.42 2.33 3.48 17.64

32.41 155.04 0.93 0.53 0.07 0.13

19.32

72.91 114.64 1.58 0.69 0.03 0.69

753.32

794.45

144.31

94.52

Adjustment arising out of Consolidation Total

(1,507.34)

7,586.32

(1,658.76)

8,573.84

(46.70)

894.58

(75.63)

833.36

SUNDARAM HOME FINANCE

31-Mar-21

Particulars

31-Dec-20

31-Dec-21

1,254

76.1%

23.9%

9,173

70.0%

30.0%

192

18.93

1,559

153.94

4.48%

1.09%

24.9%

108

784

40,131

Disbursements (₹ in Crore)

Housing

Non-Housing

AUM (₹ in Crore)

Housing

Non-Housing

PAT (₹ in Crore)*

EPS (₹) (annualized)

Net worth (₹ in Crore)

Book Value (₹)

Stage III assets %

Stage III assets % (net of ECL)

CAR – As per Regulation

Branches

Employees

Customers

795

79.6%

20.4%

9,373

69.7%

30.3%

155

20.42

1,538

151.87

4.69%

1.32%

23.6%

108

805

40,538

1,517

69.7%

30.3%

9,253

70.3%

29.7%

115

15.10

1,617

159.75

5.06%

3.12%

26.6%

105

807

39,906

* PAT for FY 20-21 includes a onetime exceptional item of ₹60.25 Cr on account of write back of deferred tax liability on special reserve.

ROYAL SUNDARAM

31-Mar-21

Particulars

31-Dec-20

31-Dec-21

2,883

Gross Written Premium (₹ in Crores)

2,081

2,147

313

PAT (₹ in Crores)

Other Comprehensive Income (Net of Taxes)

339

Total Comprehensive Income

289

128

417

189

(29)

160

1,429

Net worth (₹ in Crores)

1,507

1,589

110%

Combined Operating Ratio

107.3%

117.5%

2,323

Employees

2,389

2,362

SUNDARAM ASSET MANAGEMENT

31-Mar-21

Particulars

31-Dec-20

31-Dec-21

41,196

AUM (₹ in Crores)

31,709

Equity (₹ in Crores)

9,487

Debt (₹ in Crores)

254

359

PAT (₹ in Crores)

Net worth (₹ in Crores)

Employees

39,803

30,691

9,112

230

372

46,355

37,679

8,676

362

343

10,24,674

Retail Investors

10,54,488

10,38,211

Branches

05 More about Sundaram Finance

SHAREHOLDING PATTERN

31-Dec-20

31-Dec-21

36.6%

35.9%

35.6%

35.9%

Top institutional shareholders As of 31st December 2021

Name of Shareholder

Share %

Axis Mutual Fund Trustee Limited

Nalanda India Equity Fund Limited

India Motor Parts & Accessories Limited

Bright Star Investments Pvt Ltd

HDFC Life Insurance Company Limited

United India Insurance Company Limited

Pari Washington India Master Fund, Ltd.

4.62

3.78

2.61

2.37

1.91

1.41

1.09

0.97

0.93

0.82

3.9%

6.5%

17.1%

3.8%

16.7%

8.0%

Kotak Emerging Equity Scheme

Damani Estate and Finance Pvt Ltd.

Sundaram Finance Employees Welfare Trust

Promoters

Mutual Funds & AIFs

FIIs/FPIs and NRIs

Banks, Financial Institutions & Insurance Companies

Public

BRANCH NETWORK

31-Dec-20

31-Dec-21

159

320

179

327

No. of Branches: 583

No. of Employees: 4,189

No. of Branches: 612

No. of Employees: 4,228

South

North

West

East

CREDIT RATINGS

Instrument

Deposits

Debentures

ICRA

CRISIL

AAA (Stable)

Subordinated Debentures

AAA (Stable)

Long Term Loans

AAA (Stable)

Working Capital Facilities

AAA (Stable)

Commercial Paper

Short Term Loans

A1+

SHARE PRICE MOVEMENT

Indexed share price and Nifty from March 2017

7 1 - r a M

7 1 - n u J

7 1 - p e S

7 1 - c e D

8 1 - r a M

8 1 - n u J

8 1 - p e S

8 1 - c e D

9 1 - r a M

9 1 - n u J

9 1 - p e S

9 1 - c e D

0 2 - r a M

0 2 - n u J

0 2 - p e S

0 2 - c e D

1 2 - r a M

1 2 - n u J

1 2 - p e S

1 2 - c e D

Share price movement after 1st Feb 2018 is post demerger of Sundaram Finance Holdings Limited

SFL Closing Share Price

S & P CNX Nifty

189.17

141.66

SUBSIDIARIES, JOINT VENTURES & ASSOCIATES

Subsidiaries

• Sundaram Home Finance Limited

• Sundaram Finance Holdings Limited

• Sundaram Business Services Limited

• Sundaram Asset Management Company Limited

• Sundaram Asset Management Singapore Pte. Limited

• Sundaram Trustee Company Limited

• Sundaram Alternate Assets Limited

• Sundaram Fund Services Limited

•

LGF Services Limited

Joint Venture

• Royal Sundaram General Insurance Co. Limited

Associates of a Subsidiary Company

• Axles India Limited

• Sundaram Hydraulics Limited

• Wheels India Limited

• Flometallic India Private Limited

• Turbo Energy Private Limited

• Dunes Oman LLC (FZC)

• Transenergy Limited

• Mind S.r.l.

• Sundaram Dynacast Private

Limited

BOARD OF DIRECTORS

Sri S Viji Chairman

Sri S Ram * Non-executive Director

Has over 5 decades of experience in Banking, Insurance and Automotive Component Finance, Manufacturing Industry. He is the Managing Director of Brakes India Private Limited.

Has over 5 decades of work experience in Vehicle Industry . He is the Chairman of and Component Wheels India Ltd, Axles India Ltd. and India Motor Parts & Accessories Ltd.

B.Com. ACA MBA (University of Michigan, USA)

BE (Mechanical) MS (Production Engineering) (Birmingham University, UK)

Sri Raghuttama Rao Raghavendra Independent Director

Has over 3 decades of work experience spanning Manufacturing, Financial Markets, Public Policy and Management Consulting. Currently CEO of GDC at IIT Madras. Formerly, MD of IMaCS and Joint Managing Director of ICRA.

B.Tech. (Mech. Engg.) – IIT Madras CMA – ICWAI P.G.D.M. – IIM Ahmedabad

Sri P N Venkatachalam Independent Director

Sri S Mahalingam Independent Director

Sri S Prasad Independent Director

Has nearly 4 decades of experience in Banking, Finance and Capital Markets. Formerly Managing Director of State Bank of India.

4 decades of experience in Finance and Information Technology. Formerly Chief Financial Officer and Executive Director of Tata Consultancy Services.

Has more than a decade of experience in industry as finance professional and over 39 years as a practicing Chartered Accountant.

MA (Economics), CAIIB

B.Com. (Honours) FCA

FCA

* Resigned after the completion of the Board Meeting held on 7th February 2022

BOARD OF DIRECTORS

Sri L Ganesh Independent Director

Ms Shobhana Ramachandhran Independent Director

Sri T T Srinivasaraghavan Non-executive Director

Has over 44 years of Industrial experience in and the companies. He is the overall management of Chairman the the Rane Group, of acknowledged leaders in the auto component industry since 2006.

one

MBA((Pennsylvania State University, USA) ACA

3 decades of experience in General Management and automobile industry. She is the Managing Director of TVS Srichakra Limited.

MA (English Literature)

Has over 4 decades of experience in Banking and Financial Services. He was the Managing Director of the company for 18 years and laid down his office recently in Mar 21.

B.Com. MBA (Gannon University, Pennsylvania)

Sri Harsha Viji Executive Vice Chairman

Sri Rajiv C. Lochan Managing Director

Sri A N Raju Deputy Managing Director

Has more than 2 decades of experience in areas of specialisation particularly, strategy formulation, joint venture negotiations, new business development. Formerly and PriceWaterhouse

with McKinsey

Company

B.Com. ACA MBA (Ann Arbor, Michigan)

Has more than 2.5 decades of experience in the field of management especially in the areas of finance, social sector, and public health. Formerly MD & CEO of The Hindu Group and Partner at McKinsey & Company.

B.Tech. (IIT, Madras) MS (MIT) MBA (Columbia Business School)

Has nearly 4 decades of experience in the Automobile, Engineering, Finance and General Management. Formerly with GE Capital & SRF Group.

BSc (Engineering) MBA

KEY MANAGERIAL PERSONNEL

Sri M. Ramaswamy Chief Financial Officer

He has over 35 years of experience in the Company. He is the Chief Financial Officer of the Company from Sep 2011. He is responsible for the Treasury Management, Financial Planning & Accounting, Taxation and Regulatory Compliance. He is a member of the Risk Management Committee and Asset Liability Management of the Company.

B.Sc. (Statistics) ACA

Sri P. Viswanathan Company Secretary & Compliance Officer

He has over 45 years of experience in the Company/Group. He became the Company Secretary and Compliance Officer of the Company from Sep 2011. He is responsible for statutory compliance in respect of all laws and regulations applicable to the Company, including Company Law, SEBI and RBI. He liaisons with the Board Members in connection with all Board related actions in the Company. He was Chairman of the Expert Committee on Company law of Madras Chamber of Commerce and Industry and is a Committee Member of Finance Companies Association of India.

B.Com FCS

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 Chief Financial Officer Sundaram Finance Limited 21, Patullos Road Chennai – 600002

044 – 28881341 m.ramaswamy@sundaramfinance.in

Shri P Viswanathan Secretary & Compliance Officer Sundaram Finance Limited 21, Patullos Road Chennai – 600002

044 – 28881207 pv@sundaramfinance.in

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