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Shriram Finance share price

Shriram Finance Ltd.

NSE: SHRIRAMFIN BSE: 511218 SECTOR: Finance - NBFC  179k   613   89

2801.65
-22.80 (-0.81%)
BSE: Today, 04:00 PM

Price Summary

Today's High

₹ 2828.55

Today's Low

₹ 2769.55

52 Week High

₹ 3652.15

52 Week Low

₹ 1933.7

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

105351.35 Cr.

Advances

207929.41 Cr.

No. of Shares

37.6 Cr.

P/E

13.48

P/B

2.02

Face Value

₹ 10

Div. Yield

1.62 %

Book Value (TTM)

₹  1386.47

Operating Revenue

34964.41 Cr.

Net Profit

7190.48 Cr.

Promoter Holding

25.4 %

EPS (TTM)

₹  207.86

Sales Growth

17.44

ROE

15.7 %

ROCE

11.28%

Profit Growth

20.26 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Index Presence

The company is present in 38 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year17.44%
3 Year26.14%
5 Year17.62%

Profit Growth

1 Year20.26%
3 Year42.46%
5 Year22.9%

ROE%

1 Year15.7%
3 Year14.81%
5 Year14.36%

ROCE %

1 Year11.28%
3 Year11.13%
5 Year10.91%

ROA%

3.0861

PEG Ratio

0.68

PAT Margin (%)

20.5651

EPS Growth(%)

19.8202

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 25.40 0.00
Jun 2024 25.41 0.00
Mar 2024 25.42 0.00
Dec 2023 25.43 0.00
Sep 2023 25.45 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company is trading at 1.8288 times the book value
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 26.140515952684%.
  • The company has delivered substantial profit growth of 42.4553942582466% over past 3 years.
  • The company boasts a well-maintained advances growth ratio of 24.2868243069544%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Operating Revenue 8555.48 8922.39 9483.71 9604.98 10089.54
Other Income 8.97 4.91 14.14 4.73 7.14
Interest Expended 3621.86 3706.89 3989.83 4128.91 4350.42
Operating Expenses 2453.53 2634.08 2710.43 2660.73 2835.87
Total Provisions 0 0 0 0 0
Depreciation 136.78 146.71 153.47 153.48 158.86
Profit Before Tax 2352.28 2439.62 2644.12 2666.59 2751.53
Tax 601.44 621.29 698.25 686 680.27
Net Profit 1750.84 1818.33 1945.87 1980.59 2071.26
Adjusted EPS (RS) 46.65 48.41 51.78 52.69 55.09

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Operating Income 16555.49 17420.45 19255.17 29772.16 34964.41
Other Income 20.87 25.84 25.06 31.13 38.33
Interest 8315.33 9090.51 9777.34 12603.36 14879.02
Operating Expenses 1914.56 1845.72 1954 4668.02 5712.66
Total Provisions 2907.8 3232.05 3999.64 4347.02 4727.42
Exceptional Items 0 0 0 0 0
Profit Before Tax 3438.67 3278.01 3549.25 8184.89 9683.64
Tax 936.83 790.75 841.32 2205.55 2493.16
Profit After Tax 2501.84 2487.26 2707.93 5979.34 7190.48
Adjusted EPS (Rs.) 107.44 98.29 100.1 159.69 191.34

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 226.88 253.06 270.52 374.43 375.79
Total Reserves 17778.28 21315.31 25661.67 42932.21 48192.6
Borrowings 92315.94 105479.44 114012.71 157447.19 180565.36
Other N/C liabilities 3081.58 4882.54 5018.52 6034.93 8268.15
Current liabilities 4651.94 2363.78 2543.92 8203.47 13603.74
Total Liabilities 118054.62 134294.13 147507.34 214992.23 251005.64
Assets
Loans 102231.63 108303.04 116665.15 171984.58 207929.41
Net Block 486.84 435.34 416.12 3324.08 3286.43
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 66.08 0
Investments 2798.48 3197.85 6809.16 8565.06 10656.64
Other Loans 3352.58 5484.92 5956.86 8400.88 11637.71
Other N/C Assets 9.27 6.68 6.6 30.81 38.17
Current Assets 9175.82 16866.3 17653.45 22620.74 17457.28
Total Assets 118054.62 134294.13 147507.34 214992.23 251005.64
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 25.45 25.43 25.42 25.41 25.40
sanlam life insurance lim... 2.01 2.01 2.01 0.41 0.41
shriram capital private l... 17.89 17.88 17.87 17.86 17.86
shriram ownership trust 2.09 2.09 0.02 0.02 0.02
shriram value services l... 3.46 3.46 5.53 7.12 7.11
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 74.55 74.57 74.58 74.59 74.60
aditya birla sun life tru... - 1.22 1.44 1.53 1.49
government of singapore 4.53 4.96 6.10 - 6.40
government pension fund g... 2.36 2.31 1.69 1.33 1.19
investor education and pr... 0.34 - - 0.35 0.35
j p morgan funds (under d... - - - - 1.06
kotak equity hybrid (unde... - - - - 1.67
kotak funds - india midca... - - 1.18 1.22 1.20
life insurance corporatio... 2.22 - - - 1.04
llp 0.01 0.01 0.02 0.03 0.03
monetary authority of sin... - - - - 1.29
new world fund inc 1.24 1.24 1.47 1.47 1.83
nps trust - a/c (under di... - - - - 1.19
sbi nifty 50 etf (under d... - - - - 1.46
the boeing company employ... - - - - 0.02
vanguard total internatio... 1.00 1.01 1.02 1.03 1.04
bnp paribas financial mar... - - - 1.03 -
government of singapore  - - - 6.67 -
j p morgan funds (under d... - - - 1.13 -
kotak equity hybrid (unde... - - - 1.54 -
monetary authority of sin... - - - 1.26 -
nps trust- a/c (under dif... - - - 1.11 -
sbi nifty 50 etf  (under ... - - - 1.45 -
the boeing company employ... - - - 0.02 -
investor education and pr... - 0.34 0.35 - -
kotak mahindra trustee co... - 2.28 2.03 - -
mirae asset fund (under d... - 1.19 1.12 - -
monetary authority of sin... - - 1.03 - -
sbi index fund (under dif... - - 1.50 - -
bnp paribas financial mar... - 1.37 - - -
j p morgan funds - 1.00 - - -
t. rowe price emerging ma... 1.07 1.05 - - -
vanguard emerging markets... 1.02 1.01 - - -
bnp paribas arbitrage - o... 1.14 - - - -
hdfc mutual fund (under d... 2.03 - - - -
kotak mahindra trustee co... 1.89 - - - -
mirae asset fund (under d... 1.34 - - - -

Ratings & Research Reports

Company Presentations

Company News

Shriram Finance informs about analyst meet 12 Nov, 4:59 PM Shriram Finance informs about loss of share certificate 8 Nov, 4:25 PM Shriram Finance’s net profit surges 18% in Q2FY25 28 Oct, 12:06 PM Shriram Finance planning to raise funds via bonds 26 Oct, 11:58 AM Shriram Finance - Quaterly Results 25 Oct, 4:01 PM Shriram Finance - Quaterly Results 25 Oct, 4:01 PM Shriram Finance - Quaterly Results 25 Oct, 4:01 PM Shriram Finance informs about allotment under ESOP 9 Oct, 4:55 PM Shriram Finance informs about loss of share certificate 4 Sep, 5:08 PM Shriram Finance informs about updates 22 Aug, 5:19 PM Shriram Finance executes master agreement with Axis Bank 9 Aug, 9:52 AM Shriram Finance executes master agreement with Central Bank 1 Aug, 9:58 AM Shriram Finance informs about voting results and scrutinizer’s report 31 Jul, 5:25 PM Shriram Finance informs about AGM 30 Jul, 5:16 PM Shriram Finance reports 18% rise in Q1 net profit 26 Jul, 3:00 PM Shriram Finance - Quaterly Results 26 Jul, 1:26 PM Shriram Finance - Quaterly Results 26 Jul, 1:26 PM Shriram Finance - Quaterly Results 26 Jul, 1:26 PM Shriram Finance informs about analyst meet 22 Jul, 4:44 PM Shriram Finance informs about allotment 19 Jul, 5:08 PM Shriram Finance raises multi currency social loan via syndicated transaction 3 Jun, 12:39 PM Shriram Finance informs about press release 3 Jun, 10:37 AM Shriram Finance gets nod to sell entire stake in Shriram Housing Finance 14 May, 10:59 AM Shriram Finance informs about compliance certificate 8 May, 4:59 PM Shriram Finance informs about audio recording link of earnings call 27 Apr, 10:25 AM Shriram Finance gets nod to acquire 100% equity stake in Shriram Overseas Investments 26 Apr, 4:14 PM Shriram Finance reports 57% rise in Q4 consolidated net profit 26 Apr, 3:40 PM Shriram Finance - Quaterly Results 26 Apr, 2:36 PM Shriram Finance - Quaterly Results 26 Apr, 2:36 PM Shriram Finance - Quaterly Results 26 Apr, 2:36 PM Shriram Finance informs about disclosure 6 Apr, 12:39 PM Shriram Finance informs about loss of share certificate 2 Apr, 5:16 PM Shriram Finance informs about disclosure 30 Mar, 12:10 PM Shriram Finance informs about outcome of board meeting 23 Mar, 12:27 PM Shriram Finance informs about analyst meet 12 Mar, 2:25 PM Shriram Finance informs about loss of share certificate 5 Mar, 2:49 PM Shriram Finance informs about payout date of second interim dividend 17 Feb, 3:07 PM Shriram Finance informs about analyst meet 15 Feb, 4:57 PM Shriram Finance informs about press release 27 Jan, 10:54 AM Shriram Finance - Quaterly Results 25 Jan, 4:59 PM Shriram Finance - Quaterly Results 25 Jan, 4:59 PM Shriram Finance - Quaterly Results 25 Jan, 4:59 PM Shriram Finance informs about outcome of committee meet 17 Jan, 9:42 AM Shriram Finance informs about update on GMTN 16 Jan, 10:01 AM Shriram Finance informs about update on GMTN programme 15 Jan, 10:44 AM Shriram Finance informs about allotment of equity shares 12 Dec, 2:59 PM Shriram Finance executes Master Agreement with SIDBI 8 Dec, 9:30 AM Shriram Finance raises Rs 50 crore via NCDs 5 Dec, 4:14 PM Shriram Finance informs about analyst meet 2 Dec, 2:21 PM Shriram Finance informs about details of loss of certificate 23 Nov, 5:04 PM

Shriram Finance Stock Price Analysis and Quick Research Report. Is Shriram Finance an attractive stock to invest in?

Around 2% of India's total population invests in financial assets. The mutual fund industry's penetration in India is close to 7% (Based on the number of PAN cardholders). This under penetration offers a huge opportunity for the industry to grow.

Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

Shriram Finance stock price today is Rs 2807.8. To understand the functions of the Shriram Finance better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Shriram Finance is Rs 7190.48 Cr and the compounded growth of profit in the past 3 years is 42.4548901682725 %. The PAT margin of Shriram Finance is 20.5651 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Shriram Finance , the EPS grew by 19.8202 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Shriram Finance has a average ROE track record. The ROE of Shriram Finance is at 15.6981 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Shriram Finance is worth at the current levels at Rs 2807.8. The stock is trading at a current P/E ratio of 12.3349 and the average historical P/E for the last 5 years was 10.4085893813688.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Shriram Finance is trading at a P/B of 2.0191 . The average historical P/B of Shriram Finance for the last 5 years was 1.32217109875933. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

  • Share Price: - The current share price of Shriram Finance is Rs 2807.8. One can use valuation calculators of ticker to know if Shriram Finance share price is undervalued or overvalued.

Last Updated on:
Brief about Shriram Finance

Shriram Finance Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

Shriram Finance is a leading non-banking financial company in India, providing a wide range of financial products and services. In this article, we will provide a comprehensive analysis of Shriram Finance Ltd. stock from a long-term investor's perspective. We will cover various topics such as share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall, transcripts, investor presentations, promoters, and shareholders.

Shriram Finance Share Price

Shriram Finance Ltd.'s share price is an important indicator of investor sentiment towards the company. The share price is influenced by various factors such as the company's financial performance, global economic conditions, and market sentiment. Long-term investors can use our pre-built screening tools to analyze Shriram Finance Ltd.'s share price and identify any trends or patterns. The company's share price has shown a stable trend over the past few years, reflecting the company's strong fundamentals.

Shriram Finance Balance Sheet

Shriram Finance Ltd.'s balance sheet provides crucial information about its financial health. The company's assets include loans, investments, and other assets, while liabilities include borrowings, deposits, and other liabilities. Equity includes share capital, reserves, and surplus. Long-term investors can use our pre-built screening tools to analyze Shriram Finance Ltd.'s balance sheet and identify any red flags. The company's balance sheet has shown a stable trend over the past few years, reflecting the company's strong financial position.

Reserves of Shriram Finance Show Steady Growth

Over the years, Shriram Finance has accumulated enormous reserves. By March 2024, the company's reserves amounted to 48,192.60 crores, a considerable increase from 17,778.28 crores in March 2020. The steady growth in reserves confirms the company’s sound financial position, which aims to constantly plough back retained earnings.

Borrowings of Shriram Finance

The borrowings of Shriram Finance have undergone good growth. By March 2024, the company’s borrowings stood at ?1,80,565.36 crore compared to ?92,315.94 crore in the same fiscal year of the previous year. This rise in debt indicates that the company’s growth is in the expansion stage and therefore, is sourcing funding for the expanding loan book.

Rise in Loan Book of Shriram Finance

The company’s loan assets have also increased by an outstanding amount of ?2,07,929.41 crore as of March 2024 against ?102231.63 crore as of March 2020. This rise of close to two billion US dollars worth of loans demonstrates an aggressive lending nous responsive to strengthening market conditions.

Increase in Current Liabilities

During the same period, Shriram Finance's current liabilities also rose considerably, amounting to ?13,603.74 Crore in March 2024 from ?4,651.94 Crore in March 2020. This increase could mean more current liabilities or more operational expenditures in the short term.

This analysis is based on Shriram Finance’s standalone balance sheet. Investors may want to keep a close eye on this stock they can add to their Watchlist as it continues its financial expansion.

Shriram Finance Annual Report

Shriram Finance Ltd. releases an annual report every year, which provides detailed information about the company's financial performance, strategic initiatives, and future plans. The annual report includes a letter from the Chairman, financial statements, and management discussion and analysis. Long-term investors can download Shriram Finance Ltd.'s annual report from our website and use it to make informed investment decisions. The annual report provides valuable insights into the company's operations and financial performance.

Shriram Finance Dividend

Shriram Finance Ltd. has a consistent dividend payout history. The company has been paying dividends regularly, reflecting the company's strong financial position. Long-term investors should consider this when evaluating Shriram Finance Ltd.'s stock. Our pre-built screening tools can be used to analyze the company's dividend history and identify any trends or patterns.

Shriram Finance Quarterly Results

Shriram Finance Ltd. releases its quarterly results every three months. The quarterly results provide information about the company's revenue, earnings, and expenses. Long-term investors can use our pre-built screening tools to analyze Shriram Finance Ltd.'s quarterly results and identify any trends or patterns. The quarterly results are an important indicator of the company's financial health and performance.

Shriram Finance latest quarter result updates

Let’s analyse Shriram Finance's Q4FY24 result update. It has been a very encouraging fourth Quarter and full year. Shriram Finance is seeing a fruitful dividend in its business model at the end of a full financial year post-merger.

The GST collection for March 2024 rose 11.5% on an annual basis to Rs. 1.78 lakh crores, the second highest since the GST regime came into force. The GST collection for the full year increased by 11.7% to Rs. 20.1 lakh crores.

Auto industry & Sales of Shriram Finance

This Quarter's sales were good for Shriram Finance. The total CV sales for the Q4 were 2.68 lakh, up from 2.79 lakh.
This little slowdown was anticipated by Shriram Finance because of the election year lower activity during the election period. And the full year growth was also flattish 9.68 lakh against 9.62 lakh units sold in FY23.

But the Auto Industry Two-wheeler and Tractor segment has done pretty well. It saw a robust growth of 24.9%, with sales of 45.04 lakh units in Q4 FY24 against 36.05 lakh units sold in Q4 FY23. For the full year, it registered a growth of 13.30% in sales of 179.74 lakh units against 158.63 lakh units sold in the same period last year.

Shriram Finance's tractor sales again registered growth in Q4, with 9.12%, at 2.44 lakh units, against 2.23 lakh units in Q4 FY23. For the full year, sales were 7.47%, at 8.91 lakh units, against 8.29 lakh units sold in the same period last year.

Operational Performance of Shriram Finance

Shriram Finance has had a growth of 26.64% on YoY basis and 4.07% on QoQ Basis. In Q4 FY24 Rs. 39,326.86 crores versus Rs. 31,054.08 crores in Q4 FY23.

The AUM has also grown by 21.1%. Shriram Finance AUM stood at Rs. 2,24,861.98 crores as against Rs. 1,85,682.86 crores a year ago and Rs. 2,14,233.47 crores in Q3 FY24.  

The NII Grow by 20.02% YoY and 4.75% QoQ, earned a net interest income of Rs. 5,336.06 crores in Q4 FY24 this year, as compared to Rs. 4,445.89 crores in Q4 FY23 and Rs. 5,093.93 crore in Q3 FY24.

And the PAT of Shriram Finance for Q4 FY24 is of Rs. 1,945.87 crores Compared to  Q4 FY23 is 1308.31 Crore and Rs. 1818.33 Crore in Q3 FY24.

Total Employees in Shriram Finance

Total employee as of 31 March is 74,645 as against 73,485 in the December quarter. 

Shriram Finance Stock Price

The stock price of Shriram Finance Ltd. is affected by various factors such as the company's financial performance, global economic conditions, and market sentiment. Long-term investors can use our pre-built screening tools to track Shriram Finance Ltd.'s stock price and identify potential buying opportunities. The stock price of Shriram Finance Ltd. has shown a stable trend over the past few years, reflecting the company's strong fundamentals.

Shriram Finance Price Chart

A price chart provides a visual representation of a company's stock price over a period of time. Long-term investors can use our pre-built screening tools to analyze Shriram Finance Ltd.'s price chart and identify any trends or patterns. The price chart shows that the stock price of Shriram Finance Ltd. has shown a stable trend over the past few years, reflecting the company's strong fundamentals.

Shriram Finance News

Keeping up to date with the latest news about Shriram Finance Ltd. is important for investors. Our website provides the latest news about Shriram Finance Ltd. from various sources such as financial news websites and social media. Long-term investors can use this information to make informed investment decisions.

Shriram Finance Concall

Shriram Finance Ltd. holds conference calls with analysts and investors to discuss its financial performance and future plans. Long-term investors can listen to Shriram Finance Ltd.'s concall and use the information provided to make informed investment decisions. Our website provides information about upcoming concalls and links to listen to past concalls.

Shriram Finance Transcripts

Transcripts of Shriram Finance Ltd.'s concalls are available on our website. Long-term investors can download the transcripts and use them to analyze the company's financial performance and future plans. The transcripts provide valuable insights into the company's operations and financial performance.

Shriram Finance Investor Presentations

Shriram Finance Ltd. provides investor presentations on its website. These presentations provide information about the company's financial performance, strategic initiatives, and future plans. Long-term investors can download Shriram Finance Ltd.'s investor presentations from our website and use them to make informed investment decisions. The investor presentations provide valuable insights into the company's operations and financial performance.

Shriram Finance Promoters

Promoters are individuals or entities that have a significant stake in a company. Shriram Finance Ltd.'s promoters include the Shriram Group. Long-term investors can use our pre-built screening tools to analyze Shriram Finance Ltd.'s promoter holdings and identify any potential conflicts of interest. The promoter holdings of Shriram Finance Ltd. are relatively stable, which is a positive sign for long-term investors.

Shriram Finance Shareholders

Shriram Finance Ltd. has a large number of shareholders, including institutional investors and individual investors. Long-term investors can use our pre-built screening tools to analyze Shriram Finance Ltd.'s shareholder base and identify any potential risks or opportunities. The shareholder base of Shriram Finance Ltd. is diverse, which is a positive sign for long-term investors.

Shriram Finance Premium Features

Our website provides premium features tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. These tools can help long-term investors make better investment decisions by providing more detailed insights into the company's financial performance and valuation.

Shriram Finance Limited ROCE

The Return on Capital Employed (ROCE) for Shriram Finance Limited measures the efficiency of the company in generating profits from its capital investments. This ratio can be found in the financials table above or the dedicated ratio section on this page.

Shriram Finance Limited EBITDA

EBITDA, which stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, reflects Shriram Finance Limited's operating performance without considering certain financial factors. You can access the EBITDA data for the company on this stock analysis page.

Shriram Finance Limited DPS

Dividends Per Share (DPS) for Shriram Finance Limited represents the portion of profits distributed to shareholders on a per-share basis. The DPS information for the company is readily available in the financials table or ratio section above.

Shriram Finance Limited EPS

Earnings Per Share (EPS) of Shriram Finance Limited indicates the portion of the company's profit allocated to each outstanding share of common stock. You can acquire the EPS data for the company on this web page, ensuring comprehensive stock analysis.

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