Shriram Finance Limited

Leading non-banking finance company in India with diverse asset finance services.

1979 | Chennai, Tamil Nadu (India) | Active
Last Updated: May 15, 2024

Shriram Finance Profile

Key Indicators

  • Authorised Capital ₹ 4,265.50 Cr
  • Paid Up Capital ₹ 375.79 Cr
  • Company Age 45 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 198,145.64 Cr
  • Satisfied Charges ₹ 114,038.85 Cr
  • Revenue Growth 54.63%
  • Profit Growth 120.81%
  • Ebitda 58.39%
  • Net Worth 67.00%
  • Total Assets 43.32%

About Shriram Finance

Shriram Finance Limited (SFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 June 1979 and has a history of 45 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511218 and on the National Stock Exchange(NSE) under SRTRANSFIN.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4,265.50 Cr and a paid-up capital of Rs 375.79 Cr.

The company currently has active open charges totaling ₹198,145.64 Cr. The company has closed loans amounting to ₹114,038.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shriram Finance Limited India are Balasundararao Uppu as Company Secretary, Mr Sharma serving as the Chief Financial Officer (CFO), and Parag Sharma as Cfo. Srinivasan Sridhar, Srinivasa Yalamati, Umesh Revankar, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shriramfinance.in

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    L65191TN1979PLC007874

  • Company No.

    007874

  • Stock Symbol

    BSE : 511218 NSE : SRTRANSFIN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 1979

  • Date of AGM

    23 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Financial Services

What products or services does Shriram Finance Limited offer?

Shriram Finance Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Trucks, Medium & Heavy Commercial Vehicles, Intermediate and Light Commercial Vehicles, Pickup Trucks, Construction Equipment, Heavy Construction Equipment, Heavy Duty Truck, Agricultural Equipment, Farm Equipment.

Who are the key members and board of directors at Shriram Finance?

Executive Team (4)

NameDesignationAppointment DateStatus
Srinivasa Yalamati Country flag representing In Managing Director13-Dec-2021Current
Balasundararao Uppu Company Secretary01-Sep-2022Current
Mr Sharma Country flag representing In CFO(Kmp)09-Jul-2014Current
Parag Sharma CFO13-Dec-2021Current

Board Members (9)

NameDesignationAppointment DateStatus
Umesh Revankar Country flag representing In Whole-Time Director 01-Apr-2012Current
Srinivasan Sridhar Country flag representing In Director 20-Oct-2014Current
Ravi Venkataraman Country flag representing In Director 18-Jun-2015Current
Panja Kumar Country flag representing In Director 25-Oct-2018Current
Maya Sinha Country flag representing In Director 04-Dec-2022Current
Ignatius Viljoen Country flag representing Za Nominee Director 08-May-2019Current

Financial Performance of Shriram Finance.

Shriram Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.63% increase. The company also saw a substantial improvement in profitability, with a 120.81% increase in profit. The company's net worth Soared by an impressive increase of 67%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
54.63%
Revenue from Operations
54.62%
Total Assets
43.32%
Profit or Loss
120.81%
Net Worth
67.00%
EBITDA
58.39%

What is the Ownership and Shareholding Structure of Shriram Finance?

In 2023, Shriram Finance had a promoter holding of 25.51% and a public holding of 74.48%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹198,145.64 Cr

Satisfied Charges

₹114,038.85 Cr

Charges Breakdown by Lending Institutions

  • Catalyst Trusteeship Limited : 68159.65 Cr
  • Idbi Trusteeship Services Limited : 33498.13 Cr
  • : 16775.85 Cr
  • Hdfc Bank Limited : 7250.00 Cr
  • Axis Trustee Services Limited : 7170.50 Cr
  • Others : 65291.51 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jun 3198Uco Bank₹1.45 CrOpen
28 Jun 2023Catalyst Trusteeship Limited₹1,237.50 CrOpen
28 Jun 2023The South Indian Bank Limited₹150.00 CrOpen
27 Jun 2023Indusind Bank Ltd.₹200.00 CrOpen
10 May 2023Catalyst Trusteeship Limited₹70.00 CrOpen

How Many Employees Work at Shriram Finance?

Unlock and access historical data on people associated with Shriram Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shriram Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shriram Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shriram Finance

Recent activity within the organization

  • Charges

    A charge with Uco Bank amounted to Rs. 1.45 Cr with Charge ID 90301364 was registered on 08 Jun 3198.

    08 Jun 3198

  • Director Appointment

    Ravindran Shunmugakani was appointed as a Director was appointed as a Director on 31 Aug 2023 & has been associated with this company since 1 year 5 months .

    31 Aug 2023

  • Charges

    A charge registered on 02 May 2014 via Charge ID 10488208 with Gda Trusteeship Limited was fully satisfied on 06 Jul 2023.

    06 Jul 2023

  • Charges

    A charge with Catalyst Trusteeship Limited amounted to Rs. 1,237.50 Cr with Charge ID 100733867 was registered on 28 Jun 2023.

    28 Jun 2023

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 150.00 Cr with Charge ID 100743354 was registered on 28 Jun 2023.

    28 Jun 2023

  • Charges

    A charge with Indusind Bank Ltd. amounted to Rs. 200.00 Cr with Charge ID 100735235 was registered on 27 Jun 2023.

    27 Jun 2023

Frequently asked questions

  • Shriram Finance Limited was incorporated on 30 Jun 1979.

  • The authorized share capital of Shriram Finance Limited is ₹ 4,265.50 Cr and paid-up capital is ₹ 375.79 Cr.

  • Currently 13 directors are associated with Shriram Finance Limited.

    • Srinivasan Sridhar
    • Srinivasa Chakravarthy Yalamati
    • Umesh Govind Revankar
    • Ravi Devaki Venkataraman
    • Parag Sharma
    • Maya Swaminathan Sinha
    • Jugal Kishore Mohapatra
    • Panja Pradeep Kumar
    • Ignatius Michael Viljoen
    • Ravindran Shunmugakani
    • Balasundararao Uppu
    • Mr Parag Sharma
    • Parag Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shriram Finance Limited is Sri Towers Plot No. 14A South Phase, Industrial Estate Guindy, Chennai, Tamil Nadu, India, 600032.

  • The corporate identification number (CIN) of Shriram Finance Limited is L65191TN1979PLC007874 and the company number is 007874 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shriram Finance Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SRTRANSFIN.

  • The Official website of Shriram Finance Limited is https://www.shriramfinance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shriram Finance Limited has risen by 54.63%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shriram Finance Limited has experienced an upsurge of 67.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shriram Finance Limited amount to ₹ 198,145.64 Cr.

  • The most recent Balance Sheet for Shriram Finance Limited was filed with the ROC on 31 Mar 2023.

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