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 SHRIRAMFIN is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
currentRatio
0.000000
forwardPE
16.810423
debtToEquity
279.083000
earningsGrowth
-0.221000
revenueGrowth
0.214000
grossMargins
0.958810
operatingMargins
0.612740
trailingEps
48.570000
forwardEps
59.698080
SHRIRAMFIN's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation. Shriram Finance Limited's high debt-to-equity ratio indicates a high level of leverage, meaning the company relies significantly on debt for financing. This can increase financial risk, particularly in times of economic instability or reduced profitability. SHRIRAMFIN's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future. Shriram Finance Limited's positive gross and operating margins reflect strong profitability and operational efficiency. These metrics indicate the company's ability to control costs while maintaining healthy revenue, contributing to its solid financial performance. SHRIRAMFIN's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that SHRIRAMFIN is likely to outperform its previous year's financial performance.
Price projections:
Price projections for SHRIRAMFIN Over time, price projections for SHRIRAMFIN have gradually risen, signaling growing optimism about the company's future. This upward revision reflects increasing confidence in SHRIRAMFIN's ability to achieve strong financial results.
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.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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