Shriram Finance Ltd

BSE
SHRIRAMFIN •
BUY

1W Return

1M Return

6M Return

1Y Return

3Y Return

The current prices are delayed, login or open an account for live prices.
Start SIP in Shriram Finance Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
54.78% Gain from 52W Low
12.2
TTM PE Ratio
Below industry Median
13.9
Price to Book Ratio
Above industry Median
2.1
Dividend yield 1yr %
High in industry
1.7
TTM PEG Ratio
PEG TTM is less than 1
0.3
RSI
RSI is mid-range
46.3
MFI
MFI is mid-range
32.3

Shriram Finance Ltd Key Financials

View more

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Shriram Finance Ltd shareholding Pattern

Promoter
25.4%
Foreign Institutions
54.3%
Mutual Funds
10.2%
Domestic Institutions
15.2%
Public
5.1%
Promoter
25.4%
Foreign Institutions
53.9%
Mutual Funds
10.8%
Domestic Institutions
15.7%
Public
5%
Promoter
25.4%
Foreign Institutions
54%
Mutual Funds
11%
Domestic Institutions
15.8%
Public
4.8%
Promoter
25.4%
Foreign Institutions
54.7%
Mutual Funds
9.6%
Domestic Institutions
15.2%
Public
4.7%
Promoter
25.5%
Foreign Institutions
55.4%
Mutual Funds
8.8%
Domestic Institutions
14.7%
Public
4.5%
Promoter
25.5%
Foreign Institutions
49.8%
Mutual Funds
6%
Domestic Institutions
11.8%
Public
13%

Shriram Finance Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
7
Bearish Moving Averages
9
5Day EMA
2,773.00
10Day EMA
2,793.80
12Day EMA
2,797.00
20Day EMA
2,789.90
26Day EMA
2,772.60
50Day EMA
2,691.50
100Day EMA
2,558.70
200Day EMA
2,346.70
5Day SMA
2,793.80
10Day SMA
2,796.00
20Day SMA
2,835.60
30Day SMA
2,811.60
50Day SMA
2,640.80
100Day SMA
2,534.30
150Day SMA
2,443.30
200Day SMA
2,320.00
Delivery & Volume
Resistance & Support
2,716.52
Pivot
Resistance
First Resistance
2,767.73
Second Resistance
2,811.22
Third Resistance
2,862.43
Support
First Support
2,673.03
Second support
2,621.82
Third Support
2,578.33
Relative Strength Index
46.33
Money Flow Index
32.34
MACD
24.38
MACD Signal
48.58
Average True Range
92.16
Average Directional Index
19.47
Rate of Change (21)
-5.48
Rate of Change (125)
18.35
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Bajaj Finance Ltd.
409162.76
6190
8190
Cholamandalam Investment & Finance Company Ltd.
116705.3
997.4
1475.95
Muthoot Finance Ltd.
70069.5
1170.05
1885
Sundaram Finance Ltd.
50028.89
2490.15
4992.25
SBI Cards and Payment Services Ltd.
70696.49
649
892.75
Jio Financial Services Ltd.
212707.95
204.65
394.7

Shriram Finance Ltd Company background

Founded in: 1979
Managing director: Y S Chakravarti
Shriram Finance Limited (formerly known as Shriram Transport Finance Company Limited) is the flagship company of Shriram Group, a diversified group with interests in financial services viz. Commercial vehicle finance, Consumer Finance, life and general insurance, stock broking, chit funds and distribution of financial products such as life and general insurance products and units of mutual funds. The Company is primarily engaged in the business of financing commercial vehicles, passenger vehicles, construction equipment, farm equipment, micro, small and medium enterprises, twowheelers, gold and personal loans. The Company is a leader in organised financing of preowned commercial vehicles and twowheelers. It has vertically integrated business model and finances passenger vehicles, Construction Equipment, Farm Equipment, MSMEs Gold, Personal loan and Working Capital Loans, among others.Shriram Finance Limited was incorporated on June 30, 1978 as a Public Limited Company. The Company was formed to provide hire purchase and lease finance for the medium and heavy commercial vehicles. In year 1993, the Company launched lease Portfolio Management Scheme and managed more than 100 crore of business through this Scheme.In March 1995, the company came out with a rights issue of 64.95 lakh equity shares aggregating Rs 6.49 crore. The issue was to augment longterm resources and working capital and to enhance the leverage ability of the company. In the span of 20 years, the company had fortified their presence in the market, on account of their focused business segment, a wide geographical coverage, an effective credit monitoring and appraisal system, which has resulted in high growth in business and profitability.During the year 200304, the company increased the windmills capacity from 4,450 kwh to 8,650 kwh for producing electricity. During the year 200506, the undertaking of Shriram Investments Ltd and Shriram Overseas Finance Ltd was amalgamated with the company with effect from the appointed date April 1, 2005. Also, they increased the windmills capacity from 8,650 kwh to 23,180 kwh.During the year 200607, the company made a tie up with UTI Bank for issue of cobranded credit cards, with several safety features, on the VISA platform, exclusively to the truck operators. Also, they entered into a shareholders agreement with Ashok Leyland Ltd and their associates for purchase of 40% stake in Ashley Transport Services Ltd.In February 8, 2007, the company incorporated a 100% subsidiary, namely Shriram Powergen Ltd to deal with the windmill and the biomass projects of the company. During the year 200708, due to economic conditions and other business exigencies the company retained the business with them and disposed off their entire shareholding in their whollyowned subsidiary company.During the year 200708, the company opened their own branches across 72 locations. They also extended their operations to financing of passenger commercial vehicles, secondhand tractors and construction equipment during the year. During the year 200809, the company opened 49 branches across India. They also strengthened their core knowledge verticals relating to product, Territory and Customer. During the year 200910, the company purchased hypothecated loan outstanding of CVs and construction equipment of GE Capital Services India and GE Capital Financial Services aggregating to approximately Rs 1,100 crore. They introduced touch screen kiosks (one Stop) as a replacement for their successful campaign truck Bazaars.In June 22, 2009, the company acquired the entire paid up capital of Shriram Equipment Finance Pvt Ltd and consequently Shriram Equipment Finance Pvt Ltd became a 100% subsidiary of the company. But, they sold their entire investment of Rs 5 lakh during the year itself and consequently Shriram Equipment Finance Pvt Ltd ceased to be the subsidiary company.In December 15, 2009, the company incorporated a wholly owned subsidiary company namely, Shriram Equipment Finance Company Ltd and in February 11, 2010, they incorporated Shriram Automall India Ltd as a wholly owned subsidiary. In 2010, Shriram Transport Finance Company successfully raised Rs 584 crore through Qualified Institutional Placement with domestic and international investors. During the year, the company initiated financing of construction equipment.In 2011, Shriram Transport Finance Company introduced Shriram Automalls a dedicated platform for trading of preowned trucks at a fair value. In 2013, Shriram Transport Finance Companys assets under management crossed Rs 50000 crore.In 201516, global credit rating agency Fitch upgraded long term issuer ratings to IND AA+ from IND AA. Another credit rating agency CRISIL upgraded its rating on longterm debt instruments and bank facilities, and fixed deposits of Shriram Transport Finance Company to CRISIL AA+/FAAA/Stable from CRISIL AA/FAA+/Positive. During the year, Shriram Equipment Finance Company Ltd (SEFCL), a wholly owned subsidiary of Shriram Transport Finance Company, was merged with Shriram Transport Finance Company. In 201617, Shriram Transport Finance Company successfully raised Rs 13.5 billion through issuance of Masala Bonds Senior Secured Rupee Denominated Bonds listed on Singapore Stock Exchange. On 24 January 2018, Shriram Transport Finance Company Limited (STFC), Shriram Automall India Limited (SAMIL) and MXC Solutions India Private Limited (CarTrade) entered into definitive agreements that will result in the combination of the two businesses creating Indias leading used vehicle platform. CarTrade, Indias leading online automotive business will acquire majority stake in Shriram Automall India Limited (SAMIL), Indias No.1 physical auction platform for preowned vehicles from STFC. SAMIL is a wholly owned subsidiary of STFC. CarTrade gets majority equity stake by paying Rs 156.37 crore to STFC as consideration for acquisition of shares of SAMIL. Further SAMIL will acquire 100% equity in Adroit Inspection Services Pvt. Ltd. from CarTrade by paying Rs 13 crore as consideration.During FY2019, the total Assets Under Management(AUM) had increased from Rs. 9,6252.98 crore to Rs. 104482.28 crore. During 201819, the Company securitised its assets worth Rs. 15123.05crore(accounting for 14.47% of the total assets under management as on 31 March 2019) as against Rs. 12467.16 crore during 201718. During the year 201819, the Company through Shelf Prospectus dated 22 June 2018 offered 5,00,00,000 Secured Redeemable NonConvertible Debentures (NCDs) of face value of Rs. 1,000 each to the Public for an amount aggregating upto Rs. 5,00,000 lacs pursuant to the Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008 as amended. The Company under the Shelf Prospectus and three Tranche Prospectuses issued and allotted 4,79,26,294 NCDs aggregating to Rs. 479,262.94 lacs. Utilisation of funds raised were as per the objects of the Public Issue of NCDs. The said NCDs are listed on the National Stock Exchange of India Limited and BSE Limited.During the FY2020, the total Assets Under Management had increased to Rs.109,749.24 crore from Rs.104,482.29 crore. During 201920, the Company securitized its assets worth Rs. 16,581.13 crore (accounting for 15.11 % of the total assets under management as on 31 March 2020) as against Rs. 15,123.06 crore during 201819.During the year 201920, the Company through Shelf Prospectus dated 09 July 2019 offered 10,00,00,000 Secured Redeemable NonConvertible Debentures (NCDs) of face value of Rs. 1,000 each to the Public for an amount aggregating up to Rs.10,000 crore.As on 31 March 2020, the company had a distribution network of 1758 network branches across the country.During the Financial Year 202021, the Company securitized its assets worth Rs. 13,622 crores of the total assets under management.During the Financial Year 202122, the Company securitized its assets worth Rs. 12,880.16 crores of the total assets under management.The outstanding direct assigned portfolio stood at Rs. 1,341.83 crores as on March 31, 2022.On June 12, 2021, the Company allotted 13,986,000 Equity Shares of face value Rs.10 each to eligible qualified institutional buyers at the Issue Price of Rs. 1,430/ per Equity Share (including a premium of Rs. 1,420/ per Equity Share), aggregating to Rs. 19,999,980,000/ under the QIP issue.During the year 202223, the amalgamation of Shriram Capital Limited (SCL) with its Remaining undertaking with Shriram Transport Finance Company Limited (the Holding Company) and amalgamation of Shriram City Union Finance Limited (SCUF) with its entire undertaking with the Company through Composite Scheme of Arrangement became effective from April 01, 2022 and accordingly, the name of the Company was changed from Shriram Transport Finance Company Limited to Shriram Finance Limited with effect from November 30, 2022.During the Financial Year 202223, the Company securitised its assets worth Rs. 16,965.25 crores (accounting for 9.14% of the total assets under management as on March 31, 2023).
Read More

Shriram Finance Ltd FAQs

The past 1-year return of Shriram Finance Ltd [SHRIRAMFIN] share was 51.83. The Shriram Finance Ltd [SHRIRAMFIN] share hit a 1-year low of Rs. 1759.2 and a 1-year high of Rs. 3058.95.

The Mutual Fund Shareholding was 10.18% at the end of .

You can easily buy Shriram Finance Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
+91 -

personImage
Open Demat Account
+91 -