Whalesbook
Jab company mein governance ko lekar itni badi gadbad ho rahi ho aur leadership mein rapid changes aa rahe hon, toh investors ka darjana toh normal hai. Is wajah se Sundaram Clayton ka stock aaj seedha 7.34% neeche gir gaya.
Boardroom mein Tsunami!
Asal mein hua yeh hai ki company ke founder aur Chairman Emeritus, Venu Srinivasan, wapas top executive post par aa gaye hain, CMD ki kursi sambhal li hai. Yeh tab hua jab R Gopalan ne Chairman se turant resignation de diya, haan woh abhi bhi non-executive director hain. Aur toh aur, company ne P. D. Dev Kishan ko Company Secretary aur Compliance Officer post se hataane ka faisla palat diya hai aur unhe wapas le liya hai! Yeh sab tab hua jab MD Lakshmi Venu ne Kishan ke reporting line aur TVS group company mein employment status ko lekar internal governance concerns raise ki thi.
Losses ki Double Dhamaka
Aur is poori leadership drama ke beech company ke numbers bhi kuch khaas nahi hain. Fiscal year 2026 ke third quarter mein company ka net loss badh kar ₹51.92 crore ho gaya hai, jo pichhle saal se 18% zyada hai. Revenue bhi 5% kam hokar ₹505.96 crore raha. Pichhle 12 mahine ka EPS bhi negative -₹13.80 hai, isliye P/E ratio jaisi cheezein toh yahan apply hi nahi hoti, bilkul profitable competitors ke opposite.
Investors ka Reaction
Is saare chakkar mein investors ka mood kharab ho gaya aur stock ekdum se neeche gir gaya. Monday, March 30, 2026 ko Sundaram Clayton ka share seedha 7.34% crash karke NSE par ₹1,189 par band hua. Pata hai, pichhle ek saal mein toh yeh stock 40% se zyada gir chuka hai. Market clear signal de raha hai ki unhe company ki strategy aur governance par bharosa nahi hai, jabki auto sector khud growth kar raha hai.
Governance Par Sawaal aur Valuation ka Fark
Yeh jo jaldi jaldi mein liye gaye leadership changes aur personnel decisions ko palatna hai, yeh sab company ki governance stability aur succession planning par bade sawaal khade karta hai. Venu Srinivasan ka wapas aana lagta hai ek planned move nahi, balki situation ko sambhalne ki koshish hai. Aur upar se, company ki market cap bhi baaki bade players se kaafi kam hai, jaise Samvardhana Motherson jiska market cap ₹1 trillion se zyada hai, ya Bosch India ka jo ₹800,000 crore se bhi upar hai. Company ke ROE jaise metrics bhi fluctuate hote rehte hain ya negative hain, jo industry leaders ke double-digit returns se bilkul alag hai. Kuch analysts ne toh pehle bhi 'Strong Sell' rating di hui hai, jisse investors aur bhi skeptical ho rahe hain.
Sector Growth vs Company ki Mushkil
Haan, Indian auto ancillary sector ekdum mast chal raha hai aur EV trends aur demand ki wajah se growth dikha raha hai. Lekin Sundaram Clayton ka future ab is baat par depend karta hai ki woh investors ka confidence kaise wapas jeette hain, financial challenges ko kaise solve karte hain, aur operational stability ka clear roadmap dikha pate hain ya nahi, khaas kar jab sector mein bhi apne risks hain.