Sundaram Brake Linings Ltd

Know More
NSEBSE

714.9021.60 (3.12%)

02:04 PM,5th Mar 2024

707.8012.15 (1.75%)

02:13 PM,5th Mar 2024

BSE : 590072

NSE : SUNDRMBRAK

Sector : Auto

ISIN Code : INE073D01013

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Mar 05 2024 | 02:13 PM IST

Market Cap (₹ Cr)

280

Turnover (₹ Cr)

0.04

Volume (Shares)

5113

Face Value

10

52-WK High

780.00

52-WK High Date

22 Feb 2024

52-WK Low

270.95

52-WK Low Date

28 Mar 2023

All Time High

836.70

All Time High Date

09 Oct 2017

All Time Low

63.31

All Time Low Date

21 Sep 1998

Sundaram Brake Linings Ltd

Sundaram Brake Linings Ltd (SBLL) formerly known as Sundaram Abex was incorporated in Sep.'74 by T V Sundaram Iyengar & Sons and its Subsidiaries Southern Roadways and Sundaram Industries in collaboration with Abex Corporation US as a public limited company and commenced business in Sep.'76. Prior to disinvestment Abex Corporation was holding 16.57% of the Company's equity which got divested in Jan.'95.SBLL is in the business of automotive and industrial friction materials used in automobile commercial vehicles cars jeeps scooters tractors etc. The Company manufactures asbestos free friction materials and has five manufacturing plants located in Tamil Nadu.In 1978 it started exporting brake linings to developed countries. It is the first Indian company to manufacture asbestos-free brake linings in the country. SBLL is one of the main suppliers of brake linings to TELCO. It has also entered into a technical collaboration agreement with Frenos Sauleda Spain to manufacture asbestos-free woven clutch facings. It received the ISO 9002 certificate in Apr.'92 and the ISO 9001 certificate in Aug.'95.SBLL came out with a rights issue of PCDs in Oct.'95 to part-finance its Rs 18.05 cr project to enhance production capacities at its existing units and set up a new unit at TSK Puram to manufacture asbestos-free products predominantly for exports. It received the National Award for Technology Development in 1989-90.In 1996-97 the company has established a new unit in TSK Puram near Madurai for the manufacture of Asbestosfree products for export markets. The company was chosen for the Productivity Award for 1998-99 by the Automotive Component Manufacturers Association of India (ACMA). In the year 1998 the company imported the know-how for manufacture of Disc Brake Pads for commercial vehicle but in the absence of required support from the technology provider the company could not absorb the technology and developed its own products which are under test & trial as on March 2001. In the year 2000-01 the company exported it's products to newer destinations of Chile Hungary Mexico and Venezuela.The Company established two new Cells at its Plant II at TSK Puram Madurai for two- wheeler applications which commenced its commercial production during September 2002 and the other Cell established for the manufacture of disc brake pads for new passenger cars commenced its commercial production during April 2003. It established Unit 4 plant in Special Economic Zone (SEZ) in 2006-07. It created additional capacity by setting up a new Plant in SEZ Chengalpet Kanchipuram Dist. which commenced commercial production on 19-01-2011. It converted the 5 manufacturing units into ASBESTOS-FREE from the commencement of the financial year 2011-12 that became effective on 1st April 2011.In 2021-22 the members of the TVS Family had entered into a Memorandum of Family Arrangement (MFA) dated 10th December 2020 to align and synchronize the ownership / control over various companies/ businesses with the management of the respective companies. A Composite Scheme of Amalgamation and Arrangement was pronounced on 6th December 2021 sanctioning the Scheme by the NCLT and the same was made effective on January 6 2022. As a result the SBL Business Undertaking of the T V Sundram Iyengar & Sons Pvt Ltd (TVSS) including 1285290 equity shares representing 32.67% equity shares of the Company was as a result of the demerger from TVSS transferred to Madurai Alagar Enterprises Pvt Ltd. and Madurai Alagar Enterprises Pvt Ltd was made the Promoter Company of Sundaram Brake Linings Ltd (the Parent Company) effective from 4 February 2022.

Sundaram Brake Linings Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

280

EPS - TTM (₹) [S]

29.70

P/E Ratio (X) [S]

3.06

Face Value (₹) 10
Latest Dividend (%)30.00
Latest Dividend Date 19 Jul 2012
Dividend Yield (%) -
Book Value Share (₹) [S]233.49
P/B Ratio (₹) [S]3.06
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

702.60

747.95

Week Low/High

651.45

749.00

Month Low/High

630.55

780.00

Year Low/High

270.95

780.00

All time Low/High

88.09

837.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-1.37%-1.63%0.800.71%
1 Month10.01%10.67%2.712.68%
3 Month6.57%7.08%6.327.20%
6 Month37.98%38.06%12.0114.21%
1 Year137.67%136.33%23.1927.06%
3 Year100.67%101.01%46.1749.66%

Company Info

Company Information

Non-Exec. & Independent Dir. : P S Raman

Non-Exec. & Independent Dir. : K S D Sambasivam

Managing Director : Krishna Mahesh

Non-Exec. & Independent Dir. : Sandhya Subramanyam

Non-Exec & Non-Independent Dir : Shobhana Ramachandhran

Non-Exec & Non-Independent Dir : Shripriya Mahesh Ramanan

Non-Exec & Non-Independent Dir : Gopalaswamy Chandramouli

Non-Exec. & Independent Dir. : S Venkataraman

Company Sec. & Compli. Officer : Y. Sathyan

Registered Office: No 1 MTH Road, Padi,Chennai,Tamil Nadu-600050 Ph:

Email:srb@tvssbl.com

URL:http://www.tvsbrakelinings.com