Shriram Finance Limited

NSE SHRIRAMFIN.NS

Shriram Finance Limited Return on Assets (ROA) for the year ending March 31, 2024: 2.97%

Shriram Finance Limited Return on Assets (ROA) is 2.97% for the year ending March 31, 2024, a 3.96% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Shriram Finance Limited Return on Assets (ROA) for the year ending March 31, 2023 was 2.85%, a 49.23% change year over year.
Shriram Finance Limited Return on Assets (ROA) for the year ending March 31, 2022 was 1.91%, a -0.63% change year over year.
Shriram Finance Limited Return on Assets (ROA) for the year ending March 31, 2021 was 1.92%, a -12.46% change year over year.
Shriram Finance Limited Return on Assets (ROA) for the year ending March 31, 2020 was 2.20%, a -10.01% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

NSE: SHRIRAMFIN.NS

Shriram Finance Limited

CEO	Mr. Yalamati Srinivasa Chakravarti B.Com.
IPO Date	July 1, 2002
Location	India
Headquarters	Wockhardt Towers
Employees	77,764
Sector	Finance
Industries Banking & Lending Automobiles & Vehicles

Description

Shriram Finance Limited, a non-banking finance company, primarily provides commercial vehicle financing services in India. It offers commercial vehicle loans for commercial goods vehicles, passenger vehicles, tractors and farm equipment, and construction equipment. The company also provides business loans; fixed and recurring deposits; and working capital loans, including tyre, tax, fuel, and toll finance, as well as vehicle insurance and repair/top-up loans. In addition, it offers challan discounting services; life and general insurance products; consumer finance services; emergency credit line guarantee schemes; stock broking services; and chit and mutual funds. As of March 31, 2022, it operated a network of 1,854 branches. The company also offers its products through 775 rural centers; and partnerships with 500 private financiers. It primarily serves first time buyers, driver-turned-owners, and small road transport operators. 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 headquartered in Mumbai, India.

Key trends

Past 5 years