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:
Revenue projections for SHRIRAMFIN With SHRIRAMFIN's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
currentRatio
4.117000
forwardPE
14.098835
debtToEquity
279.083000
earningsGrowth
0.081000
revenueGrowth
0.113000
grossMargins
0.959290
operatingMargins
0.633870
trailingEps
52.310000
forwardEps
0.000000
SHRIRAMFIN's current ratio of 4.117 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that SHRIRAMFIN is financially well-prepared to meet its liabilities without difficulty. SHRIRAMFIN's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation. SHRIRAMFIN's high debt-to-equity ratio reveals that the company is heavily reliant on debt for financing. This high level of leverage increases the risk of financial strain if profits decline or interest rates rise. SHRIRAMFIN's positive gross and operating margins reflect its profitability and efficiency. These metrics demonstrate the company's ability to manage costs effectively while generating strong revenue, highlighting its solid financial health and operational effectiveness.
Price projections:
Price projections for SHRIRAMFIN Over time, price projections for Shriram Finance Limited have risen steadily, pointing to growing optimism among analysts about the company's future. This upward trend suggests a positive outlook for Shriram Finance Limited's continued growth.
Recommendation changes over time:
Recommendations trend for SHRIRAMFIN
Analysts' buy bias for SHRIRAMFIN signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to SHRIRAMFIN, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
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