Prabhudas Lilladher cuts target for Sundaram Finance stock

Published on 10/01/2026 at 22:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Prabhudas Lilladher sets INR 4,900.00 as target for Sundaram Finance stock after INR 5,500.00. Q1 FY27 PAT rose 21.70 percent.

Sundaram Fin, INE660A01013, Illustration mit AI erstellt.

Prabhudas Lilladher lowered its target for Sundaram Finance stock from INR 5,500.00 to INR 4,900.00 in a September 30, 2026 update published by DSIJ. The 10.91 percent reduction puts valuation discipline alongside the lender's latest operating growth.

Target cut meets strong growth

The revised target follows a Q4 FY26 review in which Prabhudas Lilladher cited annualized operating indicators and adjusted its valuation framework. The broker reported Q4 FY26 disbursements of INR 80,510 million, up 17.10 percent year on year, while assets under management reached INR 599,080 million, up 16.40 percent year on year, according to DSIJ.

The same report puts fourth-quarter net interest income at INR 7,847 million, an 18.00 percent year-on-year increase. Gross Stage 3 assets and net Stage 3 assets declined to 1.44 percent and 0.69 percent, respectively, from 1.91 percent and 1.06 percent in the previous quarter, giving the target revision a clear credit-quality counterweight.

June quarter expands the base

For the first quarter of fiscal 2027, Sundaram Finance reported assets under management of INR 62,275 crore, up 16.90 percent year on year, and disbursements of INR 8,947 crore, up 22.40 percent year on year, in figures summarized by DSIJ.

Net interest income reached INR 792 crore in Q1 FY27, increasing 16.60 percent year on year, while profit after tax stood at INR 522 crore, up 21.70 percent year on year. The figures show that balance-sheet expansion remains the central earnings support, while the lower target signals that analysts are also weighing funding costs and asset quality.

Market value and yearly range

Sundaram Finance had a market capitalization of INR 484.5 billion as of October 1, 2026. Its 52-week range was INR 4,000.00 to INR 5,642.00 on the same date, leaving the valuation discussion anchored between a recent low and high rather than a single price point.

On the NSE, Sundaram Finance was last quoted at INR 4,395.90 at 3:29 p.m. IST on October 1, 2026, versus a prior close of INR 4,355.00. The primary listing is separate from the euro reference used for German investors, and the analyst target remains a forward valuation measure rather than a trading signal.