SUNDARMFINNSE8 August 2022

Sundaram Finance Limited has informed the Exchange about Investor Presentation on the unaudited financial results for the quarter ended 30.06.2022

Sundaram Finance Limited

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PERFORMANCE HIGHLIGHTS

Q1FY23

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

30,552

7,150

9,730

48,810

Branches

Employees

Customer count

632

158

105

4,429

2,424

891

369

5,16,529

30,85,835

40,459

13,02,529

Joint Venture with Ageas Insurance International NV

100% subsidiary

Group

96,242

980

8,133

49,45,352

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 nearly Rs. 1,00,000 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 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

33,774

33,447

28,648

24,036

20,699

17,645 18,158 18,734

15,540

12,354

7,327

4,488

5,452

2,670

3,093

8,925

9,204 10,219

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 Mar-22

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

PAT

171

100

213

151

443

410

454 26

477 41

563

495

436

495

295

355

227 26

256

355

₹ in Crore

1,126

522

809

903

724 53

671

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 Mar-22

Exceptional item

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

Market Capitalization

28,560

₹ in Crore

21,560

17,940 18,634

17,318

16,859

14,450

13,366

256

533

782

1,078 1,099 1,602

917

2,096 2,722

7,359

5,265

3,645

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 Mar-22

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

22.8

22.1

18.4

13.7

12.6

11.9

11.0

9.9

Return on Equity %

20.7

21.4

21.2

19.7

17.6

24.5

15.2

14.0

14.3

13.7

13.8

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 Mar-22

02 Financial results & performance

OVERALL HIGHLIGHTS OF FINANCIAL PERFORMANCE

As of 30th June 2022

AUM

Gross Stage 3

Cost-to-income

₹30,552 Crores

2.51%

33.37%

ROA

2.5%

ROE

12.9%*

2.4% up from Jun 21

4.25% in Jun 21

31.51% in Q1 FY22

2.2% in Q1 FY22

12.2% in Q1 FY22

*Core ROE (excluding investments in subsidiaries) at 15.5% vs. 16.7%

14 14

HIGHLIGHTS – GROWTH OF 141% IN CORE BUSINESS

Economic activity continued to improve across all segments in the new financial year despite global geo-political tensions and consequent inflation. Growth in disbursements was driven by sharp focus on ensuring rightful market share in all asset classes and geographies of operations. While the lower Q1 FY22 base elevated the headline growth rate, Q1 FY23 disbursements are highest-ever Q1 levels and grew 31% sequentially over Q4 FY22

Disbursements for Q1FY23 recorded a growth of 138% to ₹4,895 crores as compared to ₹2,060 crores registered in the corresponding period of the previous year. Adjusting for the pandemic- induced ECLGS scheme, core business disbursements grew by 141% in Q1FY23 compared to Q1FY22

Commercial vehicles, especially medium and heavy commercial vehicles, recovery continued through Q1 FY23. Prospects for growth segments of Construction Equipment, Tractor & Farm Equipment as well as Commercial Lending continue to remain bright. And demand for passenger vehicles remains strong constrained only by supply.

The assets under the management stood at ₹30,552 crores as on 30th June 2022 as against ₹ 29,823 crores as on 30th June 2021, registering a 2.5% increase year-on-year.

The total restructured assets under Covid package were ₹1,234 crores, about 4.07% of outstanding loans as on 30th June 2022.

HIGHLIGHTS – QUALITY CONTINUES TO REMAIN INDUSTRY BEST

Our asset quality continued to remain best-in-class with continuing improvement in collections & recovery activity. Several Covid-impacted sub-segments of customers – bus operators, tourist taxi operators and small, 1-2 vehicle market load operators – continued their recovery from the effects of the pandemic. Our operations & customers are adapting to RBI’s new norms on asset classification and provisioning.

Gross stage 3 assets as on 30th June 2022 stood at 2.51% (2.19% as at March 31, 2022) with provision cover of 49% when compared to 4.25% with 27% provision cover as of 30th June 2021.

Net stage 3 assets as on 30th June 2022 closed at 1.30% (1.07% as at March 31, 2022) as against 3.12% as on 30th June 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 clarified the NPA classification norms for NBFCs. RBI vide its clarification dated February 15, 2022, has given time till September 30, 2022, for implementation of certain provisions relating to "IRACP " stipulated in their circular dated November 12, 2021. In line with the RBI clarification, the company would comply with the said Regulations effective 01st October 2022. 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.

If the company had adopted the new definition of NPA classification, the Gross and Net NPA would be 5.22% and 3.83% respectively. As the company has indicated earlier, the underlying business risk has not undergone any change.

HIGHLIGHTS – PROFITABILITY IMPROVED CONSISTENTLY

Profits after tax grew 18% over Q1 FY22 due to continuing improvements in asset quality, tight control on costs and meticulous management of our cost of borrowing in a rising interest rate regime consistent with our “AAA” rating.

Cost to income closed at 33.37% in Q1 FY23 as against 31.51% in Q1 FY22.

Return on assets (ROA) for Q1 FY23 closed at 2.5% as against 2.2% for Q1 FY22.

Profit after tax at ₹226 crores in Q1 FY23 crores as against ₹192 crores in Q1 FY22, up 18%.

Return of equity (ROE) was at 12.9% for Q1 FY23 as against 12.2% for Q1 FY22. If we exclude investments in subsidiaries and group companies, core ROE was at 15.5% for Q1 FY23 as against 16.7% for Q1 FY22

PROFIT & LOSS STATEMENT

FY22

Particulars

Q1FY22

Q1FY23

3,827.64

Revenue From Operations*

20.43

Other Income

3,848.07

Total Revenue

1,700.11

Finance cost

652.54

318.52

Operating expenses

Impairment

2,671.17

Total Expenses

1,176.90

Profit Before Tax

903.41

Profit After Tax

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

941.35

5.49

946.84

458.53

149.98

85.20

693.71

253.13

191.58

923.59

6.73

930.32

404.05

176.52

52.99

633.56

296.76

225.73

₹ in Crore

BALANCE SHEET

31-Mar-22

Particulars

30-Jun-21

30-Jun-22

₹ in Crore

Equity and Liabilities

28,323.23

Financial Liabilities

71.20

Non-Financial Liabilities

6,893.09

Equity

35,287.52

Total – Equity and Liabilities

Assets

34,413.89

Financial Assets

873.63

Non-Financial Assets

35,287.52

Total – Assets

27,370.40

29,027.08

43.99

59.90

6,372.46

7,122.14

33,786.85

36,209.12

33,023.23

35,307.43

763.62

901.69

33,786.85

36,209.12

03 Key trends in financial performance

FINANCIAL SUMMARY

₹ in Crore

Year

Paid-up Capital

Networth

Disbursements

Receivables Under Management

PAT

Dividend %

Market Capitalisation

Mar-12

Mar-13

Mar-14

Mar-15

Mar-16

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Jun-21

Jun-22

55.55

*111.10

111.10

1,789

2,087

2,405

2,978

3,313

3,746

4,134

5,044

5,547

6,179

6,893

6,372

7,122

9,433

9,991

9,719

10,012

11,444

13,218

15,712

17,170

15,175

11,742

13,275

2,060

4,895

* 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.

15,540

17,645

18,158

18,734

20,699

24,036

28,648

33,447

35,088

35,736

33,774

34,268

34,962

355.45

410.11

442.51

454.14

477.28

**495.35

563.44

@604.04

723.95

809.05

903.41

191.58

225.73

155

100

105

110

115

120

#175

130

180

200

3,645

5,265

7,359

16,859

14,450

17,940

18,634

17,318

13,366

28,560

21,560

29,716

19,570

DISBURSEMENTS AND AUM

Disbursements

17,170

15,712

15,175

13,275

11,742

₹ in Crore

AUM

29,936 4.6%

30,882 2.7%

29,532

1.2%

29,823 2.4%

30,552 0.8%

28,984 4.8%

24,964

10.6%

95.2%

95.4%

97.3%

98.8%

97.6%

99.2%

4,895

89.4%

2,060

Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

Jun-21

Jun-22

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Jun-21

Jun-22

Growth 18.9%

9.3%

-11.6%

-22.6%

13.1% 121.8% 137.6%

Growth 20.4%

16.1%

3.3%

3.2%

-4.4%

0.8%

2.4%

On Books

Assigned / Securitised

DISBURSEMENTS

Asset wise

Region wise

Jun-21

3.0%

11.6%

12.7%

₹ 2,060 Cr.

43.0%

29.7%

Jun-22

5.2%

7.2%

11.2%

CVs

Cars

₹4,895 Cr.

51.3%

Construction Equipment

25.1%

Used Vehicles – 17.1%

Used Vehicles – 18.6%

5.2%

14.1%

₹ 2,060 Cr.

47.4%

33.3%

4.8%

12.7%

₹ 4,895 Cr.

55.3%

27.2%

Tractors

Others

South

North

West

East

AUM

Asset wise

Jun-21

9.2%

7.7%

Jun-22

8.8%

7.9%

11.3%

₹ 29,823 Cr.

46.9%

11.1%

₹ 30,552 Cr.

46.4%

24.9%

25.8%

Used Vehicles – 14.8%

Used Vehicles – 14.7%

4.2%

12.3%

4.5%

13.1%

Region wise

22.2%

₹ 29,823 Cr.

61.3%

₹ 30,552 Cr.

56.8%

25.6%

CVs

Cars

Construction Equipment

Tractors

Others

South

North

West

East

PORTFOLIO QUALITY

Gross Stage 3%

Net Stage 3%

4.25%

2.47%

2.51%

2.19%

1.84%

1.27%

1.33%

3.12%

1.65%

1.01%

1.07%

1.30%

0.66%

0.83%

Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

Jun-21

Jun-22

Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

Jun-21

Jun-22

FUNDING MIX

₹ 24,085 Cr.

₹ 26,673 Cr.

₹ 29,007 Cr.

₹ 29,251 Cr.

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%

₹ 28,297 Cr.

0.0%

₹ 27,836 Cr.

₹ 28,920 Cr.

2.5%

14.3%

11.3%

19.9%

15.1%

11.0%

19.9%

4.9%

15.3%

9.8%

18.4%

52.0%

54.0%

51.6%

4.2%

14.9%

10.7%

23.9%

46.3%

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Jun-21

Jun-22

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

Return on Assets - %

₹ in Crore

1,126

522

563

904

809

724 53

671

604

192

226

2.5

2.3

2.2

2.0 #

Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

Jun-21

Jun-22

EPS (₹)

50.7

101.4

65.2

72.8

81.3

17.2

20.3

Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

Jun-21

Jun-22

Exceptional Item

# adjusted for exceptional item

NET WORTH

Net worth

6,893

6,372

6,179

7,122

5,547

5,044

4,134

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Jun-21

Jun-22

Book Value (₹)

372.1

454.0

499.3

556.2

620.4

573.6

641.0

₹ in Crore

LEVERAGE AND CAPITAL ADEQUACY

Leverage

Capital adequacy

5.1

5.0

4.9

4.6

4.2

4.0

19.4%

18.4%

18.0%

24.2%

23.5%

24.1%

22.1%

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Jun-21

Jun-22

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Jun-21

Jun-22

04 Consolidated results

CONSOLIDATED RESULTS

Profit after Tax

Net Worth

₹ in Crore

8,795

8,990

8,082

7,730

6,677

6,259

5,649

1,161

1,165

1,173

730

792

285

246

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Jun-21

Jun-22

Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

Jun-21

Jun-22

EPS (₹)

66.3

105.4

71.9

105.7

106.5

25.9

22.3

Book Value (₹)

513.0

568.3

606.1

701.6

798.2

733.5

815.8

CONSOLIDATED RESULTS

Particulars

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.

Adjustment arising out of Consolidation Total

₹ in Crore

Share of Net Worth

Share in Profit

30-Jun-21

6,372.46

30-Jun-22

7,122.14

Q1FY22

191.58

Q1FY23

225.73

647.04

258.58

1,598.67 37.09 1.86 3.53 17.48

731.91

343.09

1,702.12 39.53 2.60 3.43 18.16

6.82

19.33

40.04 0.25 0.22 0.02 0.53

9.66

18.22

47.26 0.47 0.28 (0.02) 0.04

751.69

687.44

41.63

(16.80)

(1,606.80) 8,081.60

(1,660.36) 8,990.06

(14.94) 285.48

(39.18) 245.66

SUNDARAM HOME FINANCE

31-Mar-22

Particulars

2311

66.3%

33.7%

9,495

69.6%

30.4%

Disbursements (₹ in Crore)

Housing

Non-Housing

AUM (₹ in Crore)

Housing

Non-Housing

167.70

PAT (₹ in Crore)

16.56

1,655

163.45

3.00%

1.57%

25.7%

105 822 40,237

EPS (₹) (annualized)

Net worth (₹ in Crore)

Book Value (₹)

Stage III assets %

Stage III assets % (net of ECL)

CAR

Branches Employees Customers

30-Jun-21

30-Jun-22

249

84.7%

15.3%

9,038

70.4%

29.6%

40.04

15.82

1,599

157.89

7.60%

4.79%

26.3%

107 760

39,894

796

71.9%

28.1%

9,730

70.1%

29.9%

47.26

18.67

1,702

168.10

3.28%

1.90%

24.0%

105 891 40,459

The momentum on disbursements continued from Q4 of last year into Q1 this year driven by an increasing demand for home loans in tier 2 and 3 towns in the southern markets, a priority focus for the company.

ROYAL SUNDARAM

31-Mar-22

Particulars

2,966

7,282

172

(54)

118

1,547

117%

158

2,413

Gross Written Premium (₹ in Crore)

AUM (₹ in Crore)

PAT (₹ in Crore)

Other Comprehensive Income (Net of Taxes)

Total Comprehensive Income

Net worth (₹ in Crore)

Combined Operating Ratio

Branches

Employees

30-Jun-21

30-Jun-22

665

6,971

(8)

1,503

118%

158

2,320

798

7,150

(34)

(138)

(172)

1,375

117%

158

2,424

29,69,390

Customers

27,50,713

30,85,835

While the underlying operations of the insurance business remain profitable, the profits during the quarter were affected due to net loss of Rs. 106 crores on Fair Value of Equity investments as against net gain of Rs. 28 crores accounted in the quarter ending June 2021.

SUNDARAM ASSET MANAGEMENT

31-Mar-22

Particulars

53,860

AUM (₹ in Crores)

46,073

Equity (₹ in Crores)

7,787

Debt (₹ in Crores)

364

346

PAT (₹ in Crores)

Net worth (₹ in Crores)

Employees

13,09,851

Retail Investors

Branches

30-Jun-21

30-Jun-22

43,025

48,810

34,618

41,653

8,407

7,157

259

359

343

369

10,20,766

13,02,529

The profits for the quarter were lower due to amortization of Asset Management rights consequent to the acquisition of Principal Mutual Fund.

05 More about Sundaram Finance

SHAREHOLDING PATTERN

30-Jun-21

30-Jun-22

Top institutional shareholders As of 30th June 2022

Name of Shareholder

Share %

35.6%

35.9%

3.7%

7.2%

17.6%

33.1%

4.0%

12.2%

Axis Mutual Fund Trustee Limited

Nalanda India Equity Fund Limited

38.5%

ICICI Prudential ESG Fund

Bright Star Investments Pvt Ltd

HDFC Life Insurance Company Limited

United India Insurance Company Limited

Kotak Emerging Equity Scheme

Pari Washington India Master Fund Ltd.

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

5.35

3.78

3.16

2.37

2.11

1.41

1.39

1.09

0.93

0.82

BRANCH NETWORK

30-Jun-21

170

323

30-Jun-22

325

189

No. of Branches: 597

No. of Employees: 4,191

No. of Branches: 632

No. of Employees: 4,429

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

2 2 - r a M

2 2 - n u J

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

SFL Closing Share Price

S & P CNX Nifty

172.02

109.10

SUBSIDIARIES, JOINT VENTURES & ASSOCIATES

Subsidiaries

• Sundaram Home Finance Limited

• Sundaram Finance Holdings Limited

• Sundaram Business Services Limited

Joint Venture

• Royal Sundaram General Insurance Co. Limited

• Sundaram Asset Management Company Limited

• SAMC Support Services Private Limited (formerly known

as Principal Asset Management Private Limited)

Associates of a Subsidiary Company

• Axles India Limited

• Sundaram Hydraulics Limited

• SAMC Trustee Company Private Limited

• Wheels India Limited

• Flometallic India Private Limited

• SAMC Services Private Limited (formerly known as Principal Retirement Advisors Private Limited)

• Sundaram Asset Management Singapore Pte. Limited

• Sundaram Trustee Company Limited

• Sundaram Alternate Assets Limited

• Sundaram Fund Services Limited

•

LGF Services Limited

• Turbo Energy Private Limited

• The Dunes Oman LLC (FZC)

• Transenergy Private Limited

• Mind S.r.l.

• Sundaram Dynacast Private

• Sundaram Composite Structures

Limited

Private Limited

BOARD OF DIRECTORS

Sri S Viji Chairman

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.

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

Sri S Prasad Independent Director

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

FCA

Sri P N Venkatachalam Independent Director

Sri S Mahalingam 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.

MA (Economics), CAIIB

B.Com. (Honours) FCA

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 L Ganesh Independent 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

BOARD OF DIRECTORS

Ms Shobhana Ramachandhran Independent Director

Sri T T Srinivasaraghavan Non-executive Director

Sri Srivats Ram Non-executive Director

3 decades of

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

experience

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)

Has more than 2 decades of rich experience in auto the industry. He component manufacturing Managing Director of Wheels India Limited.

BA Economics MBA (Case Western n Reserve University, USA)

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 September 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 N Srikant Company Secretary & Compliance Officer

He has over 27 years of experience in the Company/Group. He became the the Company from June 2022. He is Secretary and Compliance Officer of responsible for statutory compliance in respect of all laws and regulations applicable to the Company, including Company Law, SEBI and RBI. He liaises with the Board Members in connection with all Board related actions in the Company.

B.Com (H) ACS PGDFM

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.

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

044 – 28881341 m.ramaswamy@sundaramfinance.in

Sri P N Srikant Secretary & Compliance Officer Sundaram Finance Limited 21, Patullos Road Chennai – 600002

044 – 28881207 pnsrik@sundaramfinance.in

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Sundaram Finance Limited has informed the Exchange about Investor Presentation on the unaudited financial results for the quarter ended 30.06.2022

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