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 Shriram Finance Limited is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
currentRatio
0.000000
forwardPE
13.289965
debtToEquity
296.607000
earningsGrowth
0.741000
revenueGrowth
0.169000
grossMargins
0.963470
operatingMargins
0.610410
trailingEps
41.300000
forwardEps
0.000000
SHRIRAMFIN's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential. Shriram Finance Limited's elevated debt-to-equity ratio reflects a high level of debt relative to equity, signaling that the company is heavily leveraged. This reliance on debt could increase financial risk in periods of economic uncertainty. Shriram Finance Limited's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with Shriram Finance Limited expected to continue increasing its profits and revenue in the coming periods. SHRIRAMFIN's positive gross and operating margins reflect strong financial performance. These metrics indicate that the company is efficiently managing its operations and generating healthy profits, contributing to a solid financial position.
Price projections:
Price projections for SHRIRAMFIN Over time, price projections for Shriram Finance Limited have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect Shriram Finance Limited to continue on a positive growth trajectory.
Recommendation changes over time:
Recommendations trend for SHRIRAMFIN
The recent buy bias from analysts suggests SHRIRAMFIN is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, SHRIRAMFIN appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
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