TSF Investments, previously known as Sundaram Finance Holdings, announced a consolidated net profit of ₹530.2 crores for FY26, reflecting a rise from ₹412.09 crores in the previous fiscal year. This increase in profitability can be attributed in part to a ₹41 crore gain from the fair valuation of its equity interest in Axles India Ltd.
During the fiscal year, Axles India Ltd became a subsidiary of TSF Investments following the acquisition of shares from Dana Global Products Inc. at a cost of ₹365.4 crores. Additionally, the company received dividends from its portfolio firms amounting to ₹207.7 crores for FY26.
The Board of Directors has recommended a final dividend of ₹4.45 per share, representing 89 percent. This proposed dividend, in conjunction with the interim dividend of ₹6.70 per share (134 percent) distributed in February 2026, totals a dividend payout of ₹11.15 per share for FY26, which equates to 223 percent.
In line with its strategy to divest from non-core investments, TSF Investments made partial exits from its holdings in TVS Holdings Ltd and Fettle Tone LLP, as well as a complete exit from Sundaram Composite Structures Private Ltd during FY26.
Published on May 19, 2026.
