Analyst Rating
based on 34 analysts
97.06%
Buy
0.00%
Hold
2.94%
Sell
Based on 34 analysts offering long term price targets for Shriram Finance Ltd. An average target of ₹3402.44
Source: S&P Global Market Intelligence
Shriram Finance Ltd Share analysis
Shriram Finance Ltd price forecast by 34 analysts
Downside of
High
₹3850
Target
₹3402.44
Low
₹2750
Shriram Finance Ltd target price ₹3402.44, a slight downside of -4.82% compared to current price of ₹3525.35. According to 34 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Shriram Finance Ltd revenue growth forecast
Expected growth rate Q1, FY2026:
Forecast
Actual
Including amortisation and stock based compensations
Shriram Finance Ltd EPS growth forecast
EPS estimate Q1, FY2026:38.16%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹3,500₹3,623.6552 Week's Low
52 Week's High
₹1,760.85₹3,623.65
| Returns % | |
| 1 Month Return | + 16.23 % |
| 3 Month Return | + 28.07 % |
| 1 Year Return | + 86.39 % |
| Market Stats | |
| Previous Close | ₹3,574.70 |
| Open | ₹3,571.55 |
| Volume | 12.86L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,34,404.88Cr |
Key Statistics
| P/E Ratio | 17.47 |
| PEG Ratio | 0.5 |
| Market Cap | ₹1,34,404.88 Cr |
| P/B Ratio | 1.83 |
| EPS | 196.68 |
| Dividend Yield | 1.91 |
| Sector | Finance |
| ROE | 15.65 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹1,34,404.88 Cr | 50.58% | 0.90 | ₹7,391 Cr | ₹36,388 Cr | |
| HOLD | ₹54,931.73 Cr | 47.51% | 0.91 | ₹1,422 Cr | ₹7,273 Cr | |
| BUY | ₹30,806.11 Cr | 114.02% | 0.83 | ₹1,683 Cr | ₹5,417 Cr | |
| HOLD | ₹40,465.50 Cr | 13.11% | 0.92 | ₹1,943 Cr | ₹15,962 Cr | |
| BUY | ₹59,173.87 Cr | 30.82% | 0.50 | ₹3,438 Cr | ₹34,524 Cr |
Company Information
Shriram Finance Ltd provides a wide range of financial services, including retail finance, commercial vehicle finance, housing finance, equipment finance, and microfinance. Its top products include two-wheeler loans, used car loans, tractor loans, and home loans. The company also offers a range of popular brands, such as Shriram City Union Finance, Shriram Transport Finance, Shriram Automall, and Shriram Housing Finance.
Share Price: ₹3525.35 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹1,34,404.88Cr as of today
Revenue: ₹9,658.59Cr as on June 2024 (Q2 24)
Net Profit: ₹2,029.47Cr as on June 2024 (Q2 24)
Listing date: 18 Sep, 1996
Chairperson Name: Jugal Kishore Mohapatra
| Organisation | Shriram Finance Ltd |
| Headquarters | Mumbai |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for Shriram Finance Ltd
Shriram Finance Hits 52-Week High Amid Strong Performance - 18 Sep, 2024
Shriram Finance shares surged 2.4%, reaching a 52-week high of Rs 3,541. The stock has nearly doubled from its low of Rs 1,760, driven by strong fundamentals and positive market sentiment. Analysts remain bullish, expecting continued growth through strategic initiatives and expanding loan portfolios.
Shriram Finance Welcomes Rahul Dravid as Brand Ambassador - 13 Sep, 2024
Shriram Finance has appointed former Indian cricket captain Rahul Dravid as their brand ambassador. This partnership reflects shared values of trust and reliability, enhancing the brand's image.
Shriram Finance Hits Record High After Fundraise - 12 Sep, 2024
Shriram Finance Ltd. shares reached a record high following the board's approval to raise Rs 1,000 crore through non-convertible debentures, enhancing its lending capacity.
Shriram Finance Plans Insurance Arm Listing Soon - 11 Sep, 2024
Shriram Finance aims to list its insurance arms within one to two years. CLSA maintains an outperform rating, projecting strong loan growth and stable asset quality.
Shriram Finance Announces Growth Plans and New Ambassador - 10 Sep, 2024
Shriram Finance has appointed Rahul Dravid as brand ambassador, plans to raise $750 million domestically, and aims to list its insurance subsidiaries within two years.
Shriram Finance Plans Major Fundraising and Growth - 09 Sep, 2024
Shriram Finance aims to raise $1 billion from overseas funding to support growth, with loan growth projected at 15-16%. UBS raised its target price to Rs 3,850, reflecting confidence in the company's stable asset quality and strong performance in Q1 FY25.
Shriram Finance Targets $1 Billion Overseas Fundraise - 08 Sep, 2024
Shriram Finance aims to raise $1 billion from international markets over the next six months, including $300 million soon and $500-700 million later. The company expects a 15-16% loan growth this fiscal year, with no funding pressure due to its strong credit rating.
Umesh Revankar Discusses Outsourcing Strategies - 06 Sep, 2024
Umesh Revankar of Shriram Finance emphasized that outsourcing most activities while specializing in a few is ineffective. He advocates for selective outsourcing to foster internal team development.
Truck Rentals Surge Amid Festive Demand - 05 Sep, 2024
As the festive season approaches, truck rentals are rising significantly due to increased production and supply efforts across India, as noted by Shriram Finance Ltd. CEO YS Chakravarti.
Shriram Finance Plans $300 Million Overseas Borrowing - 02 Sep, 2024
Shriram Finance aims to raise $300 million in overseas borrowing by October-end to support business growth. The company plans to diversify into education loans and extend supplier finance to SMEs, while also expanding its gold loan services across all branches.
Shriram Finance Shares Rise Amid Mixed Earnings - 29 Aug, 2024
Shriram Finance shares increased by 1.6% to Rs 3253.35. Despite a 3.11% decline in quarterly sales, the stock has gained 74.51% over the past year. The MACD indicates a bullish trend.
Shriram Finance Anticipates Strong Asset Growth - 28 Aug, 2024
Shriram Finance expects asset growth to exceed projections due to strong festive demand, particularly in MSMEs and automobiles. The company is expanding into new geographies, with a stable net interest margin and improving asset quality. Overall, growth is projected to surpass 15% year-on-year.
Shriram Finance Targets $1.5 Billion Fundraise - 27 Aug, 2024
Shriram Finance aims to raise $1.5 billion in FY25 through loans and bonds to diversify its borrowings. The company has already secured $300 million.
CCI Approves Sale of Shriram Housing Finance Stake - 23 Aug, 2024
The Competition Commission of India has approved Shriram Housing Finance's sale to Mango Crest Investment Ltd, an affiliate of Warburg Pincus, pending further regulatory clearances.
Shriram Finance Gains CCI Approval for Stake Sale - 22 Aug, 2024
Shriram Finance has received approval from the Competition Commission of India to sell its entire stake in Shriram Housing Finance to Mango Crest Investment Ltd for ₹4,630 crore, pending additional regulatory approvals.
CCI Approves Acquisition in Shriram Housing Finance - 21 Aug, 2024
The Competition Commission of India has approved Mango Crest Investment Ltd's acquisition of a stake in Shriram Housing Finance, following Shriram Finance's earlier sale of its housing finance arm.
Shriram Finance Gains Momentum Amid Strategic Moves - 20 Aug, 2024
Shriram Finance's stock shows positive momentum with significant share acquisitions and a strategic sale of its housing finance arm to Warburg Pincus, authorized by CCI.
Insights on Shriram Finance Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 6 quarters, 1.28K Cr → 2.02K Cr (in ₹), with an average increase of 8.3% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 4.99% to 5.07% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, SHRIRAMFIN stock has moved up by 5.1%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 53.89% to 54.28% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 15 quarters, 4.44K Cr → 9.65K Cr (in ₹), with an average increase of 5.1% per quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, SHRIRAMFIN has outperformed top 5 stocks with highest market-cap in Consumer Lending
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, SHRIRAMFIN has outperformed top 5 stocks with highest market-cap in Consumer Lending
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 25.42% to 25.41% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 10.80% to 10.18% in Jun 2024 quarter
Shriram Finance Ltd Infographics
SEBI Pauses Expense Ratio Changes for Mutual Funds
SEBI's delay in altering the expense ratio calculation could be a beneficial factor for the profitability of asset management companies.
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 25.41% | ||
| Foreign Institutions | 54.28% | 0.72 | |
| Mutual Funds | 10.18% | ||
| Retail Investors | 5.07% | 1.54 | |
| Others | 5.06% | 3.29 |
Key Indicators
Shriram Finance Ltd Valuation
Shriram Finance Ltd in the last 5 years
Lowest (3.38x)
March 23, 2020
Today (17.47x)
September 18, 2024
Industry (28.68x)
September 18, 2024
Highest (36.15x)
April 26, 2018
Earnings and Dividends
Shriram Finance Ltd Earnings Results
Shriram Finance Ltd’s net profit jumped 18.62% since last year same period to ₹2,022.80Cr in the Q1 2024-2025. On a quarterly growth basis, Shriram Finance Ltd has generated 0.7% jump in its net profits since last 3-months.
Read More about Earnings ResultsShriram Finance Ltd Dividends April,2024
In the quarter ending March 2024, Shriram Finance Ltd has declared dividend of ₹15 - translating a dividend yield of 1.82%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Shriram Finance Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Shriram Finance Ltd (SHRIRAMFIN) share price today is ₹3525.35
Shriram Finance Ltd is listed on NSE
Shriram Finance Ltd is listed on BSE
- Today’s highest price of Shriram Finance Ltd is ₹3623.65.
- Today’s lowest price of Shriram Finance Ltd is ₹3500.
PE Ratio of Shriram Finance Ltd is 17.47
PE ratio = Shriram Finance Ltd Market price per share / Shriram Finance Ltd Earnings per share
Today’s traded volume of Shriram Finance Ltd(SHRIRAMFIN) is 12.86L.
Today’s market capitalisation of Shriram Finance Ltd(SHRIRAMFIN) is ₹134404.88Cr.
| Shriram Finance Ltd(SHRIRAMFIN | Price |
|---|---|
52 Week High | ₹3623.65 |
52 Week Low | ₹1760.85 |
Shriram Finance Ltd(SHRIRAMFIN) share price is ₹3525.35. It is down -2.71% from its 52 Week High price of ₹3623.65
Shriram Finance Ltd(SHRIRAMFIN) share price is ₹3525.35. It is up 100.21% from its 52 Week Low price of ₹1760.85
| Shriram Finance Ltd(SHRIRAMFIN | Returns |
|---|---|
1 Day Returns | -49.35% |
1 Month Returns | 16.23% |
3 Month Returns | 28.07% |
1 Year Returns | 86.39% |