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 Shriram Finance Limited's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
currentRatio
0.000000
forwardPE
10.458699
debtToEquity
316.892000
earningsGrowth
0.067000
revenueGrowth
0.126000
grossMargins
0.959260
operatingMargins
0.614690
trailingEps
51.040000
forwardEps
0.000000
SHRIRAMFIN's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains. SHRIRAMFIN's high debt-to-equity ratio indicates the company is using significant leverage, relying more on debt to finance its operations. This can lead to higher risk, especially if profitability falters or economic conditions worsen. With positive gross and operating margins, SHRIRAMFIN demonstrates its profitability and efficiency. These metrics show that the company is managing costs well while generating strong revenue, highlighting robust financial health.
Price projections:
Price projections for SHRIRAMFIN The stock price of Shriram Finance Limited has often been near the lower end of projections, indicating that it may not be meeting investor expectations. This trend could suggest challenges ahead for the company.
Recommendation changes over time:
Recommendations trend for SHRIRAMFIN
With analysts showing a buy bias for SHRIRAMFIN, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning SHRIRAMFIN as a safe and profitable place for investors to allocate their funds and seek growth.
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