More about Shriram Finance Limited
Fundamentals for Shriram Finance Limited
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Fundamentals for Shriram Finance Limited
Business Operations:
Sector: Financial ServicesIndustry: Credit Services
Shriram Finance Limited, a non-banking finance company, primarily engages in the provision of financing services in India. It offers fixed and recurring deposits; commercial vehicle loans for commercial goods vehicles, passenger vehicles, tractors and farm equipment, and construction equipment; and multi-utility vehicle, two-wheeler, gold, and personal loans. The company also provides business loans, such as small and medium enterprise loans; working capital loans, including tyre, tax, fuel, and toll financing, and repair/top-up loans and challan discounting; insurance products life, motor, personal accident, and home insurance products; and payment services. It serves first time buyers, small road transport operators, and individuals; and micro, small, and medium enterprises (MSMEs) customers consisting of self-employed professionals, wholesale and retail dealers, merchants, builders, small and medium scale manufacturing concerns, and service providers. The company was formerly known as Shriram Transport Finance Company Limited and changed its name to Shriram Finance Limited in November 2022. Shriram Finance Limited was incorporated in 1979 and is based in Mumbai, India.
Revenue projections:
SHRIRAMFIN's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 4.208000 |
|---|---|
| forwardPE | 13.875289 |
| debtToEquity | 274.993000 |
| earningsGrowth | 0.409000 |
| revenueGrowth | 0.167000 |
| grossMargins | 0.971190 |
| operatingMargins | 0.702070 |
| trailingEps | 53.230000 |
| forwardEps | 69.418370 |
SHRIRAMFIN's current ratio is 4.208, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting SHRIRAMFIN has no trouble covering its short-term financial obligations.
SHRIRAMFIN's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
SHRIRAMFIN's elevated debt-to-equity ratio highlights its heavy reliance on debt. This high leverage increases the company's exposure to financial risk, making it more vulnerable to market fluctuations and economic downturns.
Shriram Finance Limited's positive earnings and revenue growth signal that the company is expected to expand its business. The company's increasing profits and sales reflect strong financial health, suggesting continued growth and success in the coming periods.
Shriram Finance Limited's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
SHRIRAMFIN's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that SHRIRAMFIN's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
The price of SHRIRAMFIN currently does not indicate any clear risks or opportunities when compared to projections. This balanced stance suggests that investors may prefer to hold off on major decisions until new information arises.
Recommendation changes over time:
Analysts have been favoring SHRIRAMFIN with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning SHRIRAMFIN as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
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