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Shriram Finance Ltd

SHRIRAMFIN

Shriram Finance Ltd

SHRIRAMFIN
FinancialsConsumer Finance
LargecapWith a market cap of ₹1,34,404 cr, stock is ranked 70
Moderate RiskStock is 2.60x as volatile as Nifty
3,520.301.52% (-54.40)
3,520.301.52% (-54.40)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
FinancialsConsumer Finance
LargecapWith a market cap of ₹1,34,404 cr, stock is ranked 70
Moderate RiskStock is 2.60x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is underpriced but is in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

FinancialsConsumer Finance
LargecapWith a market cap of ₹1,34,404 cr, stock is ranked 70
Moderate RiskStock is 2.60x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
17.492.711.26%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
18.562.580.76%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 33 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Shriram Transport Finance Company Limited is an asset financing non-banking finance company. It is primarily engaged in the business of financing commercial vehicles, while it also provides loans for equipment and other business purposes.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 18.54%, vs industry avg of 15.21%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 12.46% to 15.51%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 23.39%, vs industry avg of 20.98%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue10,361.9710,904.4713,629.6815,556.6616,575.7617,436.4019,274.2330,508.3936,412.9937,427.64
Raw Materialssubtract26,478.66
Power & Fuel Costsubtract
Employee Costsubtract623.73582.93744.70883.061,010.82906.25997.092,636.423,471.52
Selling & Administrative Expensessubtract603.72640.02742.96800.50764.58803.96826.061,709.962,043.61
Operating & Other expensessubtract7,307.617,708.598,209.4710,051.8611,220.6412,310.8213,766.4617,347.6020,350.09
Depreciation/Amortizationsubtract37.6334.8736.8342.97141.05137.36135.37600.69587.60600.17
Interest & Other Itemssubtract
Taxes & Other Itemssubtract605.66672.411,346.791,202.59926.40779.18828.152,202.682,593.792,664.86
EPS51.0254.55109.87111.02108.30103.04103.94186.40196.38204.47
DPS9.783.9110.7611.744.8918.0020.0035.0045.0030.00
Payout ratio0.190.070.100.110.050.170.190.190.230.15

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

Jan 24PDF
Dec 13PDF
FY 2023

Annual report

PDF

Investor Presentation

Apr 27PDF
Jan 31PDF
Dec 13PDF
+4 more
FY 2024

Annual report

PDF

Investor Presentation

Jul 27PDF
 

Peers & Comparison

Comparing 3 stocks from 
FinancialsConsumer Finance

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Shriram Finance Ltd18.252.711.26%
Bajaj Finance Ltd32.666.150.47%
Jio Financial Services Ltd137.361.58
Bajaj Housing Finance Ltd83.5411.82

Price Comparison

Compare SHRIRAMFIN with any stock or ETF
Compare SHRIRAMFIN with any stock or ETF
SHRIRAMFIN
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding25.41%10.18%5.06%54.28%5.07%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun49.78%55.36%54.67%53.97%53.90%54.28%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Shriram Finance Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Kotak Emerging Equity Fund - Growth - Direct Plan

Growth
0.4111%1.08%0.05%39/71 (+1)
Mirae Asset Large Cap Fund - Growth - Direct Plan

Growth
0.3971%1.28%-0.53%47/80 (-6)
Kotak Equity Opportunities Fund - Growth - Direct Plan

Growth
0.2127%1.14%0.05%37/73 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Shriram Finance Ltd

Events

Dividend Trend

Increasing Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

SHRIRAMFIN has increased dividends consistently over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.26%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹12.58 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 23, 2024

Final
Final | Div/Share: ₹15.00

Dividend/Share

15.00

Ex DateEx Date

Jul 23, 2024

Cash Dividend

Ex DateEx DateFeb 6, 2024

Interim 2
Interim 2 | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Feb 6, 2024

Cash Dividend

Ex DateEx DateNov 6, 2023

Interim
Interim | Div/Share: ₹20.00

Dividend/Share

20.00

Ex DateEx Date

Nov 6, 2023

Cash Dividend

Ex DateEx DateJun 16, 2023

Final
Final | Div/Share: ₹20.00

Dividend/Share

20.00

Ex DateEx Date

Jun 16, 2023

Cash Dividend

Ex DateEx DateJan 3, 2023

Interim
Interim | Div/Share: ₹15.00

Dividend/Share

15.00

Ex DateEx Date

Jan 3, 2023

News & Opinions
Spotlight
Shriram Finance Ltd gains for third straight session

Shriram Finance Ltd is up for a third straight session today. The stock is quoting at Rs 3547.95, up 3.6% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.18% on the day, quoting at 25463.9. The Sensex is at 83253.4, up 0.21%. Shriram Finance Ltd has gained around 15.36% in last one month. Meanwhile, Nifty Financial Services index of which Shriram Finance Ltd is a constituent, has gained around 6.35% in last one month and is currently quoting at 23991.55, up 1.61% on the day. The volume in the stock stood at 11.43 lakh shares today, compared to the daily average of 11.94 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 3563.7, up 3.72% on the day. Shriram Finance Ltd is up 84.99% in last one year as compared to a 27.95% jump in NIFTY and a 21.26% jump in the Nifty Financial Services index.The PE of the stock is 17.17 based on TTM earnings ending June 24.Powered by Capital Market - Live

22 hours agoCapital Market - Live
Corporate
Shriram Finance allots 28,014 equity shares under ESOS

Shriram Finance has allotted 28,014 equity shares under ESOS. Pursuant to the allotment, the equity share capital has increased from Rs.3,75,96,12,500/- to Rs. 3,75,98,92,640/-.Powered by Capital Market - Live

6 days agoCapital Market - Live
Live Market Update
Benchmarks trade with decent gains; European mkt opens higher

The key equity indices traded with minor gains in afternoon trade. The Nifty traded above the 24,950 mark. All the sectoral indices on NSE were in the green with metal, PSU bank and auto shares gaining the most. Trading was volatile due to weekly F&O series expiry today. At 13:30 IST, the barometer index, the S&P BSE Sensex was up 159.54 points or 0.20% to 81,674.97. The Nifty 50 index added 81.75 points or 0.33% to 24,993.95. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 1% and the S&P BSE Small-Cap index gained 0.55%. The market breadth was positive. On the BSE, 2,171 shares rose and 1,650 shares fell. A total of 135 shares were unchanged. Gainers & Losers: Shriram Finance (up 3.08%), Hero Motocorp (up 2.17%), Hindalco Industries (up 1.78%), NTPC (up 1.71%) and Mahindra And Mahindra (up 1.56%) were major Nifty gainers. Nestle India (down 1.22%), ITC (down 1.03%), Tata Motors (down 0.97%), Tata Consultancy Services (down 0.74%) and Divi's Laboratories (down 0.63%) were major Nifty losers. Shriram Finance advanced 3.08% after the company's board has approved and allotted non-convertible debentures (NCDs) on private placement basis for an issue size of Rs 1,000 crore with green shoe option of Rs 500 crore. Stocks in Spotlight: JSW Steel added 0.73%. The company said that its consolidated crude steel production for the month of August 2024 was at 23.16 Lakh tonnes, which is higher by 1% as compared with 22.86 lakh tonnes in August 2023. Adani Ports and Special Economic Zone added 1.09% after the company said that it has signed a concession agreement with DPA to develop Berth No. 13 at Deendayal Port, Kandla, Gujarat. NBCC (India) advanced 2.21% after the company announced that it has signed a memorandum of understanding (MoU) worth Rs 1,600 crore with Mahanagar Telephone Nigam (MTNL) to develop a 13.88-acre land parcel in New Delhi. GE T&D India rose 0.62%. The company received orders aggregating to 155 million Euros from Grid solutions, Middle East FZE, Dubai and SAS France. Kalpataru Projects International rose 0.68%. The company along with its international subsidiaries has secured new orders worth Rs 2,774 crore. Hindustan Petroleum Corporation (HPCL) added 0.63%. The company announced that it has received an approval from its board for the construction of pipeline from Visakh to Raipur at an estimated cost of Rs 2,212 crore. Systematix Corporate Services advanced 2.27% after its board is scheduled to meet on Saturday, 14 September 2024 to approve fund raising by way of issue of equity shares on preferential basis. Nazara Technologies gained 2.39% after the company's wholly owned subsidiary, Nazara Dubai FZ entered into share purchase agreement to acquire 15.86% stake in GetStan Technologies (STAN) for Rs 18.4 crore or $2.2 million. Global Markets: The Dow Jones index futures were up 90 points, indicating a positive opening in the US stocks today. Europeans and Asian stocks advanced on Thursday, driven by a surge in technology stocks. Meanwhile, Japanese markets soared as a softer-than-expected producer price inflation reading undermined the Bank of Japan's hawkish stance. The gains in Japanese stocks were fueled by the August producer price index (PPI) data, which came in at a lower-than-anticipated 2.5% year-over-year increase. This marked the slowest PPI growth since May, contrasting with the previous month's 3.0% rise. Regional technology stocks followed their U.S. counterparts, buoyed by Nvidia CEO Jensen Huang's optimistic outlook on strong artificial intelligence demand. Chipmakers were particularly prominent among the gainers. However, a stronger-than-expected consumer inflation reading tempered expectations for interest rate cuts. Markets are now positioning for a 25-basis-point rate cut by the Federal Reserve next week. The annual core consumer price inflation rate in the United States, excluding volatile items like food and energy, stood at a three-year low of 3.2% in August 2024, matching July's figure. U.S. stocks rebounded on Wednesday after a volatile trading session, as investors assessed the implications of the latest inflation data for Federal Reserve policy. Tech shares led the recovery from earlier lows. The S&P 500 gained 1.07%, the Dow Jones Industrial Average added 0.31%, and the Nasdaq Composite rose 2.17%. The US Labor Department reported the consumer price index (CPI) rose 0.2% last month, in line with July. Core CPI, excluding volatile food and energy components, rose 0.3% on a monthly basis, exceeding expectations. Powered by Capital Market - Live

6 days agoCapital Market - Live
Spotlight
Shriram Finance gains as board OKs raising Rs 1,000 cr via NCDs

The company said that the proceeds of the issue will be utilized for onward lending to grow the asset book, financing vehicles such as commercial vehicles, two-wheelers vehicles, cars, home loans, gold loans, personal and small business loans, refinancing of existing debt, other general purposes of the firm. Shriram Finance is India's largest retail asset financing non-banking finance company (NBFC). It is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, General Insurance, Housing Finance, Stock Broking and Distribution businesses. The NBFC's standalone net profit jumped 18.21% to Rs 1,980.59 crore on 20% increase in total income to Rs 9,609.71 crore in Q1 FY25 over Q1 FY24. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Shriram Finance appoints cricket legend Rahul Dravid as Brand Ambassador

Shriram Finance announced the onboarding of former Captain and Head Coach of the Indian Cricket Team, Rahul Dravid, as their Brand Ambassador. Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Shriram Finance Ltd spurts 1.71%

Shriram Finance Ltd is up for a third straight session in a row. The stock is quoting at Rs 3032.5, up 1.71% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 24574.45. The Sensex is at 80465.57, up 0.04%. Shriram Finance Ltd has risen around 7.25% in last one month. Meanwhile, Nifty Financial Services index of which Shriram Finance Ltd is a constituent, has risen around 2.97% in last one month and is currently quoting at 22976.2, down 0.22% on the day. The volume in the stock stood at 9.45 lakh shares today, compared to the daily average of 16.56 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 3035.5, up 1.76% on the day. Shriram Finance Ltd is up 64.52% in last one year as compared to a 26.71% spurt in NIFTY and a 17.13% spurt in the Nifty Financial Services index.The PE of the stock is 14.95 based on TTM earnings ending June 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Shriram Finance allots 30,101 equity shares under ESOS

Shriram Finance has allotted 30,101 equity shares under ESOS. Pursuant to allotment of the equity shares, the paid-up share capital of the Company stands increased from Rs.3,75,93,11,490/- to Rs.3,75,96,12,500/-.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Shriram Finance consolidated net profit rises 18.62% in the June 2024 quarter

Net profit of Shriram Finance rose 18.62% to Rs 2022.80 crore in the quarter ended June 2024 as against Rs 1705.24 crore during the previous quarter ended June 2023. Sales rose 20.33% to Rs 9509.83 crore in the quarter ended June 2024 as against Rs 7902.87 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales9509.837902.87 20 OPM %73.0274.17 - PBDT2820.072379.49 19 PBT2666.592247.62 19 NP2022.801705.24 19 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Shriram Finance allots NCDs aggregating Rs 221.50 cr

Shriram Finance has allotted 22,150 Senior, secured, rated, listed, redeemable, taxable non- convertible debentures (NCDs) on private placement basis aggregating Rs 221.50 crore on 19 July 2024. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Shriram Finance to discuss results

Shriram Finance will hold a meeting of the Board of Directors of the Company on 26 July 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live