TSFINV
TSF INVESTMENTS LIMITED
Investment holding company within Sundaram Finance group ecosystem
Financial Services›Financial Services›Finance›Investment Company
tsfinvestments.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
TSF Investments (formerly Sundaram Finance Holdings) is a holding company that owns a portfolio of automotive businesses, including foundries, wheels, brakes, turbochargers, axles and spare-parts distribution, and earns much of its income from dividends and investment gains on those stakes.
Company snapshot
8thBy market cap
Ranked among 41 companies in Investment Company.
Segment mix
Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 52.9% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Investments | 52.9% | 17 Cr | 16 Cr | 6,021 Cr |
| Support Services - Domestic | 2.9% | 0.94 Cr | 0.05 Cr | 2 Cr |
| Support Services - Overseas | 44.2% | 14 Cr | 7 Cr | 44 Cr |
What we see
- ✓Net margin of 53.8% — the business keeps a healthy share of every rupee it earns.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 24 Cr | 25 Cr | 218 Cr | 43 Cr | 30 Cr | 33 Cr | 49 Cr | 179 Cr | 250 Cr | 258 Cr | 298 Cr | 306 Cr |
| Operating expenses (approx.) | 11 Cr | 12 Cr | 11 Cr | 9 Cr | 9 Cr | 9 Cr | 12 Cr | 132 Cr | 200 Cr | 210 Cr | 240 Cr | 234 Cr |
| EBITDA | 13 Cr | 13 Cr | 207 Cr | 34 Cr | 21 Cr | 24 Cr | 37 Cr | 47 Cr | 50 Cr | 49 Cr | 57 Cr | 71 Cr |
| OPM % | 53.6% | 51.9% | 95.1% | 79.4% | 70.3% | 72.3% | 75.5% | 26.2% | 20.2% | 18.8% | 19.3% | 23.3% |
| Other income | 2 Cr | 2 Cr | 0.39 Cr | 1 Cr | 2 Cr | 0.35 Cr | 2 Cr | 2 Cr | 4 Cr | 2 Cr | 9 Cr | 0.69 Cr |
| Interest | 0.31 Cr | 0.26 Cr | 0.29 Cr | 0.29 Cr | 0.28 Cr | 0.27 Cr | 0.25 Cr | 5 Cr | 7 Cr | 7 Cr | 7 Cr | 7 Cr |
| Depreciation | 0.73 Cr | 0.69 Cr | 0.74 Cr | 0.74 Cr | 0.76 Cr | 0.75 Cr | 0.76 Cr | 3 Cr | 4 Cr | 4 Cr | 4 Cr | 4 Cr |
| Profit before tax | 96 Cr | 106 Cr | 300 Cr | 120 Cr | 96 Cr | 111 Cr | 124 Cr | 178 Cr | 119 Cr | 120 Cr | 169 Cr | 153 Cr |
| Tax % | 5.4% | 3.3% | 10.2% | 8.2% | 7.9% | 5.1% | 13.6% | 11.1% | 13.4% | 12.4% | 2.9% | 18.4% |
| Net profit | 91 Cr | 102 Cr | 269 Cr | 110 Cr | 89 Cr | 106 Cr | 107 Cr | 158 Cr | 103 Cr | 105 Cr | 164 Cr | 125 Cr |
| EPS (₹) | ₹4.08 | ₹4.61 | ₹12.13 | ₹4.97 | ₹4.00 | ₹4.76 | ₹4.82 | ₹7.08 | ₹4.52 | ₹4.64 | ₹7.25 | ₹5.50 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 68 Cr | 99 Cr | 93 Cr | 59 Cr | 84 Cr | 90 Cr | 291 Cr | 155 Cr | 985 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 46 Cr | 59 Cr | 62 Cr | 48 Cr | 61 Cr | 45 Cr | 48 Cr | 39 Cr | 782 Cr | Sign in free for the trailing twelve months |
| EBITDA | 21 Cr | 40 Cr | 30 Cr | 11 Cr | 23 Cr | 45 Cr | 243 Cr | 116 Cr | 203 Cr | Sign in free for the trailing twelve months |
| OPM % | 31.4% | 40.3% | 32.9% | 18.5% | 27.4% | 50.0% | 83.4% | 74.9% | 20.6% | Sign in free for the trailing twelve months |
| Other income | 4 Cr | 3 Cr | 6 Cr | 5 Cr | 4 Cr | 4 Cr | 6 Cr | 5 Cr | 19 Cr | Sign in free for the trailing twelve months |
| Interest | 0.20 Cr | 0.25 Cr | 0.28 Cr | 0.15 Cr | 0.84 Cr | 0.44 Cr | 1 Cr | 1 Cr | 25 Cr | Sign in free for the trailing twelve months |
| Depreciation | 1 Cr | 1 Cr | 1 Cr | 1 Cr | 4 Cr | 2 Cr | 3 Cr | 3 Cr | 16 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 24 Cr | 149 Cr | 84 Cr | 78 Cr | 165 Cr | 253 Cr | 586 Cr | 452 Cr | 586 Cr | Sign in free for the trailing twelve months |
| Tax % | 21.9% | 7.9% | 6.6% | 5.8% | 2.8% | 6.0% | 9.0% | 8.8% | 9.5% | Sign in free for the trailing twelve months |
| Net profit | — | 137 Cr | 78 Cr | 74 Cr | 161 Cr | 238 Cr | 533 Cr | 412 Cr | 530 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹8.24 | ₹9.10 | ₹5.17 | ₹4.89 | ₹7.72 | ₹10.70 | ₹24.00 | ₹18.55 | ₹23.49 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | 10.2% | 20.7% | 30.4% | 18.7% | 50.7% | 37.3% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity capital | — | 76 Cr | 76 Cr | 76 Cr | 111 Cr | 111 Cr | 111 Cr | 111 Cr | 111 Cr |
| Reserves | — | 2,290 Cr | 1,782 Cr | 2,119 Cr | 2,891 Cr | 3,459 Cr | 4,682 Cr | 5,496 Cr | 5,922 Cr |
| Borrowings | — | — | — | — | — | — | — | — | 220 Cr |
| Other liabilities | — | 87 Cr | 65 Cr | 111 Cr | 93 Cr | 65 Cr | 155 Cr | 230 Cr | 434 Cr |
| Total liabilities | — | 2,453 Cr | 1,922 Cr | 2,306 Cr | 3,096 Cr | 3,635 Cr | 4,948 Cr | 5,837 Cr | 6,748 Cr |
| Fixed assets (net) | — | 2 Cr | 3 Cr | 3 Cr | 2 Cr | 3 Cr | 2 Cr | 11 Cr | 224 Cr |
| CWIP | — | — | — | — | — | 0 Cr | 0 Cr | 0 Cr | 0.77 Cr |
| Investments | — | 2,420 Cr | 1,879 Cr | 2,269 Cr | 3,053 Cr | 3,573 Cr | 4,727 Cr | 5,760 Cr | 5,804 Cr |
| Loans & advances | — | — | — | — | — | 0 Cr | 0 Cr | 0.12 Cr | 0.69 Cr |
| Inventories | — | — | — | — | — | 0 Cr | 0 Cr | 0.47 Cr | 152 Cr |
| Trade receivables | — | 11 Cr | 8 Cr | 5 Cr | 5 Cr | 7 Cr | 6 Cr | 6 Cr | 209 Cr |
| Cash & bank | — | 5 Cr | 10 Cr | 11 Cr | 14 Cr | 17 Cr | 0.0020 Cr | 15 Cr | 86 Cr |
| Other assets | — | 16 Cr | 22 Cr | 17 Cr | 21 Cr | 36 Cr | 212 Cr | 44 Cr | 273 Cr |
| Total assets | — | 2,453 Cr | 1,922 Cr | 2,306 Cr | 3,096 Cr | 3,635 Cr | 4,948 Cr | 5,837 Cr | 6,748 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | 58 Cr | 62 Cr | 19 Cr | 30 Cr | 100 Cr | 132 Cr | 188 Cr | 266 Cr |
| Cash from investing | — | -30 Cr | -11 Cr | -10 Cr | -345 Cr | -25 Cr | 136 Cr | -148 Cr | -159 Cr |
| Cash from financing | — | -28 Cr | -46 Cr | -8 Cr | 319 Cr | -73 Cr | -103 Cr | -211 Cr | -50 Cr |
| Net cash flow | — | 1 Cr | 5 Cr | 1 Cr | 3 Cr | 2 Cr | 166 Cr | -171 Cr | 57 Cr |
| Free cash flow (OCF − Capex) | — | 58 Cr | 60 Cr | 18 Cr | 29 Cr | 99 Cr | 132 Cr | 187 Cr | 259 Cr |
Ratios
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| ROCE % | — | 6.3% | 4.5% | 3.6% | 5.5% | 7.1% | 12.2% | 8.1% | 9.7% |
| ROE % | — | 5.8% | 4.2% | 3.4% | 5.4% | 6.7% | 11.1% | 7.4% | 8.6% |
| Debtor days | — | 39 | 31 | 33 | 22 | 28 | 8 | 14 | 77 |
| Inventory days | — | — | — | — | — | 0 | 0 | 1 | 123 |
| Days payable | — | 4 | 3 | 4 | 49 | 4 | 1 | 4 | 97 |
| Cash conversion cycle | — | 35 | 27 | 29 | -27 | 24 | 7 | 11 | 104 |
| Debt / equity | — | — | — | — | — | 0.00 | — | — | 0.04 |
| Current ratio | — | — | — | — | — | 76.53 | 145.13 | 93.64 | 5.13 |
| Net debt / EBITDA | 0.00 | -0.12 | — | — | — | -0.37 | -0.0000 | -0.13 | 0.66 |