Sundaram Finance sees strong H1, strategic acquisition, management changes

Sundaram Finance Limited announced strong unaudited standalone and consolidated financial results for the half-year ended September 30, 2025. The company achieved the highest-ever disbursements of Rs. 15,423 crores, with Q2 disbursement growth of 18% to Rs. 8,113 crores. Assets under management (AUM) grew by 15.3% to Rs. 55,419 crores. Profit after tax (PAT) reached Rs. 823 crores, a 27% increase over H1FY25. Gross Stage 3 assets stood at 2.03%, and Net Stage 3 assets at 1.13%. The Capital Adequacy Ratio was 19.3%.

In a strategic move, Sundaram Finance’s wholly-owned subsidiary, Sundaram Alternate Assets Limited (SAAL), received in-principle approval to acquire Capitalgate Investment Advisors Private Limited (CGIA) for ₹35 crores. CGIA is a financial services company developing an AI engine for real-time research. The acquisition is a related-party transaction for SAAL, conducted at arm's length, and has received prior approval from the audit committee. Following the acquisition, CGIA is proposed to be amalgamated with SAAL.

Additionally, the company reported a change in senior management, with Ajit Narasimhan, a member of the senior management, being transferred to Sundaram Alternate Assets Limited, effective September 1, 2025.