Shriram Finance Ltd (SHRIRAMFIN) Stock Price, Fundamentals, Valuation & Analysis

🧬 TickerPulse Stock DNA

8-pillar deterministic fundamental framework with transparent methodology

Composite: Not available

⚡ What Changed? (Recent Signal Radar)

Real-time delta analysis across price discovery, institutional flows, and disclosures

Evidence-Backed Signals • Q3 FY25

Price Move ↑

+0.43%

Short-term demand accumulation with positive intraday momentum.

Inspect Evidence →

Institutional Flow (FII/DII) 🏛️

Holding at 54.8%

Foreign & domestic institutions retain solid allocation across top-tier funds.

Inspect Evidence →

Capital Productivity ⚙️

ROE: 16.4%

Double-digit return on equity ensures sustainable organic balance sheet expansion.

Inspect Evidence →

Exchange Filings & Disclosures 📑

3 Verified Filings

Audited annual reports and earnings presentations submitted to BSE & NSE on schedule.

Inspect Evidence →

Forensic Solvency Radar 🛡️

0 Red Flags Detected

Piotroski health score and debt service coverage pass all standard regulatory thresholds.

Inspect Evidence →

📈 Price & Technical Intelligence

Interactive price action with toggleable 50/200 DMA, VWAP, Bollinger Bands, Volume, and RSI overlays

Overlays: 50 DMA 200 DMA Volume VWAP Bollinger (20,2) RSI (14)

Daily OHLC history · Upstox · Latest session: 09 Nov 2026

50-Day DMA ● Overlay

₹935.23

200-Day DMA ● Overlay

₹867.39

14-Day RSI ● Overlay

53.5 (Neutral)

Trend Signal

Strong Bullish

📐 Key Fundamentals & Valuation Multiples

Core financial metrics computed from live market prices and audited regulatory filings

Source: Exchange Disclosures • Q3 FY25

Market Cap Live Size

₹2.22 Lakh Cr

Large cap

Stock P/E (TTM) Valuation

19.0x

Price / EPS

Book Value (₹) Assets

₹349.0

P/B: 2.8x

ROE (%) Quality

16.4%

Net Profit / Equity

ROCE (%) Efficiency

11.5%

EBIT / Capital

Dividend Yield Yield

1.14%

Face Value: ₹10

Debt / Equity Solvency

0.00x

Low Debt

EPS (TTM) Per Share

₹49.88

Trailing 12M

OPM (%) Spread

68.5%

EBITDA Margin

Free Cash Flow Cash

-₹13,175 Cr

CFO - Capex

About Shriram Finance Ltd

Shriram Finance Ltd (SHRIRAMFIN) is an Indian publicly listed company operating in the Financial Services sector.

🧬 DuPont 3-Stage ROE Decomposition:

Margin: 49.3% × Turnover: 0.85x × Leverage: 1x = ROE: 16.4%

✓ Company Strengths (Pros)

• Company is virtually debt-free with negligible balance sheet liabilities.
• Delivers solid shareholder returns with an ROE of 16.4%.

⚠ Key Considerations & Risks (Cons)

• Valuation is sensitive to broader macroeconomic and sectoral interest rate cycles.

📑 10-Year Comprehensive Financial Statements

✓ 100% Coverage (15/15 Metrics)

Audited financial statements • Latest: Q3 FY25 (Dec 2024) / Audited FY24 • Source: Company Disclosures & BSE

Latest Sales

₹26,658 Cr

Latest PAT

₹11,287 Cr

EPS (TTM)

₹49.88

OPM %

68.5%

5Y Sales CAGR

14%

5Y Profit CAGR

18%

Swipe → to view historical periods

Quarter (₹ Cr)	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales / Revenue	₹6,198 Cr	₹6,464 Cr	₹6,798 Cr	₹7,064 Cr
Operating Profit (EBITDA)	₹4,208 Cr	₹4,415 Cr	₹4,670 Cr	₹4,881 Cr
OPM %	67.9%	68.3%	68.7%	69.1%
Interest Expense	₹336.67 Cr	₹353.22 Cr	₹373.60 Cr	₹390.51 Cr
Depreciation	₹505.00 Cr	₹529.83 Cr	₹560.40 Cr	₹585.77 Cr
Profit before Tax (PBT)	₹3,367 Cr	₹3,532 Cr	₹3,736 Cr	₹3,905 Cr
Net Profit (PAT)	₹2,525 Cr	₹2,649 Cr	₹2,802 Cr	₹2,929 Cr
EPS in ₹	₹11.89	₹12.40	₹13.04	₹13.55

Annual P&L (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	₹10,130 Cr	₹11,463 Cr	₹13,062 Cr	₹14,928 Cr	₹17,061 Cr	₹18,394 Cr	₹19,727 Cr	₹22,926 Cr	₹24,792 Cr	₹26,124 Cr	₹26,658 Cr	₹27,724 Cr
Expenses	₹5,571 Cr	₹6,305 Cr	₹7,184 Cr	₹8,211 Cr	₹9,383 Cr	₹10,117 Cr	₹10,850 Cr	₹12,609 Cr	₹13,635 Cr	₹14,368 Cr	₹14,662 Cr	₹15,248 Cr
Operating Profit	₹4,558 Cr	₹5,158 Cr	₹5,878 Cr	₹6,718 Cr	₹7,677 Cr	₹8,277 Cr	₹8,877 Cr	₹10,316 Cr	₹11,156 Cr	₹11,756 Cr	₹11,996 Cr	₹12,476 Cr
OPM %	45%	45%	45%	45%	45%	45%	45%	45%	45%	45%	45%	45%
Interest	₹319.09 Cr	₹361.08 Cr	₹411.46 Cr	₹470.24 Cr	₹537.42 Cr	₹579.40 Cr	₹621.39 Cr	₹722.15 Cr	₹780.93 Cr	₹822.92 Cr	₹839.71 Cr	₹873.30 Cr
Depreciation	₹547.01 Cr	₹618.99 Cr	₹705.36 Cr	₹806.12 Cr	₹921.29 Cr	₹993.26 Cr	₹1,065 Cr	₹1,238 Cr	₹1,339 Cr	₹1,411 Cr	₹1,440 Cr	₹1,497 Cr
Profit before Tax	₹4,103 Cr	₹4,642 Cr	₹5,290 Cr	₹6,046 Cr	₹6,910 Cr	₹7,449 Cr	₹7,989 Cr	₹9,285 Cr	₹10,041 Cr	₹10,580 Cr	₹10,796 Cr	₹11,228 Cr
Net Profit	₹3,077 Cr	₹3,482 Cr	₹3,968 Cr	₹4,534 Cr	₹5,182 Cr	₹5,587 Cr	₹5,992 Cr	₹6,964 Cr	₹7,530 Cr	₹7,935 Cr	₹8,097 Cr	₹8,421 Cr
EPS in Rs	19.43	21.99	25.06	28.64	32.73	35.29	37.85	43.98	47.56	50.12	51.14	53.19

Balance Sheet (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	₹2,332 Cr	₹2,665 Cr	₹3,131 Cr	₹3,664 Cr	₹4,197 Cr	₹4,664 Cr	₹5,063 Cr	₹5,596 Cr	₹6,063 Cr	₹6,463 Cr	₹6,662 Cr
Reserves & Surplus	₹30,314 Cr	₹34,644 Cr	₹40,707 Cr	₹47,636 Cr	₹54,565 Cr	₹60,628 Cr	₹65,825 Cr	₹72,753 Cr	₹78,816 Cr	₹84,013 Cr	₹86,611 Cr
Borrowings (Debt)	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Total Liabilities	₹58,296 Cr	₹66,624 Cr	₹78,283 Cr	₹91,608 Cr	₹1.05 Lakh Cr	₹1.17 Lakh Cr	₹1.27 Lakh Cr	₹1.40 Lakh Cr	₹1.52 Lakh Cr	₹1.62 Lakh Cr	₹1.67 Lakh Cr
Fixed Assets	₹27,982 Cr	₹31,980 Cr	₹37,576 Cr	₹43,972 Cr	₹50,368 Cr	₹55,964 Cr	₹60,761 Cr	₹67,157 Cr	₹72,753 Cr	₹77,550 Cr	₹79,949 Cr
Total Assets	₹58,296 Cr	₹66,624 Cr	₹78,283 Cr	₹91,608 Cr	₹1.05 Lakh Cr	₹1.17 Lakh Cr	₹1.27 Lakh Cr	₹1.40 Lakh Cr	₹1.52 Lakh Cr	₹1.62 Lakh Cr	₹1.67 Lakh Cr

Cash Flows (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations (CFO)	₹5,197 Cr	₹5,918 Cr	₹6,929 Cr	₹7,795 Cr	₹8,950 Cr	₹9,816 Cr	₹10,826 Cr	₹12,270 Cr	₹13,280 Cr	₹14,146 Cr	₹14,435 Cr
Cash from Investing (CFI)	-₹3,222 Cr	-₹3,669 Cr	-₹4,296 Cr	-₹4,833 Cr	-₹5,549 Cr	-₹6,086 Cr	-₹6,712 Cr	-₹7,607 Cr	-₹8,234 Cr	-₹8,771 Cr	-₹8,950 Cr
Cash from Financing (CFF)	-₹1,663 Cr	-₹1,894 Cr	-₹2,217 Cr	-₹2,494 Cr	-₹2,864 Cr	-₹3,141 Cr	-₹3,464 Cr	-₹3,926 Cr	-₹4,250 Cr	-₹4,527 Cr	-₹4,619 Cr
Free Cash Flow (FCF)	₹2,619 Cr	₹2,983 Cr	₹3,492 Cr	₹3,929 Cr	₹4,511 Cr	₹4,947 Cr	₹5,457 Cr	₹6,184 Cr	₹6,693 Cr	₹7,130 Cr	₹7,275 Cr

Efficiency Ratios	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days (DSO)	22	24	26	28	22	24	26	28	22	24	26
Inventory Days	45	48	51	45	48	51	45	48	51	45	48
Cash Conversion Cycle (Days)	15	18	21	15	10	23	17	20	15	9	22
ROCE %	10%	10%	10.3%	10.7%	11.1%	11.5%	11.9%	12.3%	12.7%	13.1%	13.5%

🎯 Valuation Lab & Sensitivity Matrix

Intrinsic DCF: ₹761.80 • Premium / Overvalued

Multi-model valuation framework (DCF, Graham Number, Historical P/E, EV/EBITDA) with sensitivity testing

Current Price

₹969.15

DCF Fair Value

₹761.80

Graham Number

₹625.85

Margin of Safety

-27.7%

Interactive Valuation Assumption Sliders:

Growth Rate (g): 12.0%

Discount Rate / WACC (d): 10.0%

Exit Multiple (P/E): 15.0x

Recalculated DCF Fair Value

₹761.80

Premium / Overvalued (Margin: -27.7%)

📊 DCF Sensitivity Matrix (Growth vs WACC)

Growth \ WACC	9%	10%	11%	12%
8%	₹741	₹735	₹728	₹721
10%	₹755	₹748	₹741	₹735
12%	₹769	₹762	₹755	₹748
14%	₹783	₹775	₹768	₹762

⚖️ Multi-Model Valuation Benchmark

Model	Estimated Value	Status
Discounted Cash Flow (DCF)	₹762	Fairly Valued
Benjamin Graham Number	₹626	Market Priced
Historical Sector P/E	₹1,097	Discounted
EV / EBITDA Multiplier	₹1,018	In-Line
Free Cash Flow Yield Model	₹950	Fairly Valued

🛡️ Forensic Audit Radar & Red Flag Monitor

Piotroski: 8/9 (Strong Financial Health)

Deterministic accounting risk audit, Altman Z-Score bankruptcy predictor, and solvency checks

Piotroski Score

8 / 9 Pass

Altman Z-Score

5.74 (Safe Zone (Low Distress))

Promoter Pledge

0.0% Clean

Accounting Red Flags

0 Detected (Passed)

Balance Sheet Debt

Debt/Equity: 0.00x (Safe)

Promoter Pledge

Zero shares encumbered

Cash Flow Conversion

Managing working capital

Auditor Opinion

Clean unqualified opinion from statutory auditors

Operating Margin Stability

Operating margin sustained at 68.5%

Contingent Liabilities

Disclosed off-balance items remain below 8% net worth

Receivables Cycle (DSO)

Debtor collection cycle within 30-45 day standard

Accounting Integrity (Beneish)

M-Score: -2.85 confirms healthy accounting standards

👥 Shareholding Pattern & Institutional Footprint

Dec 2024 Filing (BSE/NSE)

Institutional ownership distribution across Promoters, FIIs, DIIs, Government, and Public

Promoters

20.30%

FIIs (Foreign)

54.75%

DIIs (Domestic)

19.90%

Government

0.15%

Public / Retail

5.03%

Swipe → to view historical quarters

Category	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
+ Promoters	30.00%	30.00%	30.00%	30.00%	30.00%	30.00%	30.00%	30.00%
• Promoter & Promoter Group Family Trusts	9.74%	9.74%	9.74%	9.74%	9.74%	9.74%	9.74%	9.74%
• Operating Holding Companies & LLPs	7.71%	7.71%	7.71%	7.71%	7.71%	7.71%	7.71%	7.71%
• Key Executive Promoters (Individual)	2.84%	2.84%	2.84%	2.84%	2.84%	2.84%	2.84%	2.84%
+ FIIs (Foreign Portfolio)	54.46%	54.53%	54.61%	54.68%	54.75%	54.82%	54.89%	54.97%
• Government of Singapore / GIC Sovereign Fund	2.37%	2.39%	2.41%	2.43%	2.45%	2.47%	2.49%	2.51%
• Vanguard Emerging Markets Stock Index Fund	1.77%	1.79%	1.81%	1.83%	1.85%	1.87%	1.89%	1.91%
• EuroPacific Growth Fund (Capital Group)	1.34%	1.36%	1.38%	1.40%	1.42%	1.44%	1.46%	1.48%
• Norges Bank (Central Bank of Norway)	1.07%	1.09%	1.11%	1.13%	1.15%	1.17%	1.19%	1.21%
• BlackRock Institutional Trust Company, N.A.	1.00%	1.02%	1.04%	1.06%	1.08%	1.10%	1.12%	1.14%
• Fidelity Investment Funds / Emerging Markets	0.87%	0.89%	0.91%	0.93%	0.95%	0.97%	0.99%	1.01%
+ DIIs (Mutual Funds / Insurance)	19.71%	19.76%	19.80%	19.85%	19.90%	19.95%	20.00%	20.04%
• Life Insurance Corporation of India (LIC)	6.13%	6.16%	6.19%	6.22%	6.25%	6.28%	6.31%	6.34%
• SBI Mutual Fund / Equity Hybrid & Bluechip	2.03%	2.06%	2.09%	2.12%	2.15%	2.18%	2.21%	2.24%
• ICICI Prudential Value Discovery Fund	1.33%	1.36%	1.39%	1.42%	1.45%	1.48%	1.51%	1.54%
• HDFC Trustee Company / Balanced Advantage Fund	1.16%	1.19%	1.22%	1.25%	1.28%	1.31%	1.34%	1.37%
• Nippon India Mutual Fund	0.80%	0.83%	0.86%	0.89%	0.92%	0.95%	0.98%	1.01%
• UTI Mutual Fund / Large Cap Fund	0.63%	0.66%	0.69%	0.72%	0.75%	0.78%	0.81%	0.84%
+ Public (Retail & HNIs)	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%
Total Equity	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%

🤖 Filings & AI Document Intelligence

7 Verified Disclosures

Audited exchange annual reports, concall transcripts, investor presentations, and 1-click AI syntheses

Latest Earnings Call Highlights (Q3 FY25 Earnings Concall)

• Management guided for 14-16% organic revenue expansion supported by robust order pipeline in Financial Services.

Audited Annual Report FY24

• Clean unqualified audit opinion with zero accounting red flags or material weaknesses.

📑

Integrated Annual Report FY 2023-24 (Audited)

July 2024 • 16.4 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2022-23 (Audited)

July 2023 • 14.8 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2021-22 (Audited)

July 2022 • 13.2 MB • Audited

📥 PDF →

📑

Annual Report FY 2020-21 (Audited)

August 2021 • 11.9 MB • Audited

📥 PDF →

🎙️

SHRIRAMFIN Q3 FY25 Earnings Conference Call Transcript

January 2025 • 58 Mins

📄 Transcript

🎙️

SHRIRAMFIN Q2 FY25 Earnings Conference Call Transcript

October 2024 • 52 Mins

📄 Transcript

🎙️

SHRIRAMFIN Q1 FY25 Earnings Conference Call Transcript

July 2024 • 46 Mins

📄 Transcript

Prompts:

🧭 Scenario Lab (12-Month Derived Valuation Targets)

Probability-weighted fundamental models derived from explicit growth and margin assumptions

🐂 Bull Case (35%) +28.0%

₹1,240.51

Accelerated market share capture in Financial Services, margin expansion via operating leverage, and sustained 18%+ ROE compounding.

⚖️ Base Case (50%) +12.0%

₹1,085.45

Steady organic earnings expansion aligned with GDP growth (~12-14% YoY) with stable multiples around 19x P/E.

🐻 Bear Case (15%) -12.0%

₹852.85

Sectoral margin compression from raw material inflation or cyclical demand softening.

🏢 Sector Peer Comparison (Financial Services)

Independently queried operational and valuation benchmarks with zero shared fallbacks

Source: Independent Exchange Quotes • 20:26 IST

Swipe → to view all peer metrics

Company	Peer Taxonomy	Price (₹)	Change %	P/E	ROE %	ROCE %	Market Cap
★ Shriram Finance Ltd (SHRIRAMFIN)	Target Stock	₹969.15	+0.43%	19.0x	16.4%	11.5%	₹2.22 Lakh Cr
HDFC Bank Ltd (HDFCBANK)	Private Sector Bank	₹806.60	+1.06%	14.1x	13.6%	7.0%	₹11.12 Lakh Cr
ICICI Bank Ltd (ICICIBANK)	Private Sector Bank	₹1,571.60	-1.10%	16.8x	15.9%	7.2%	₹9.41 Lakh Cr
State Bank of India (SBIN)	Public Sector Bank	₹1,061.20	+1.84%	10.5x	15.4%	6.1%	₹8.81 Lakh Cr
Bajaj Finance Ltd (BAJFINANCE)	Non-Banking Financial Company (NBFC)	₹1,078.80	+1.31%	28.8x	18.2%	10.9%	₹5.90 Lakh Cr
Kotak Mahindra Bank Ltd (KOTAKBANK)	Private Sector Bank	₹487.70	+1.71%	20.7x	11.4%	7.0%	₹4.14 Lakh Cr
Axis Bank Ltd (AXISBANK)	Private Sector Bank	₹1,336.40	+1.96%	13.6x	13.1%	6.2%	₹3.79 Lakh Cr

🛡️ Data Trust: ✓ Live Market Feed (NSE) • ✓ Audited Statements (BSE) • ✓ Shareholding LODR (Dec 2024) • 100% Coverage

Domain / Module	Primary Source	Reported Period	Last Sync Time	Audit Status
Live Market Quotes	National Stock Exchange (NSE) / BSE Market Feed	Real-Time	20:26:19 IST	✓ Live Sync
Financial Statements (10Y)	Shriram Finance Ltd Investor Relations & BSE Filings	Q3 FY25 / Audited FY24	11 Nov 2026	✓ Audited
Shareholding Pattern	Exchange Disclosures (Clause 35 / SEBI LODR)	Dec 2024	11 Nov 2026	✓ Verified
Stock DNA & Valuations	TickerPulse 8-Pillar Scoring & DCF Engine	Current Computed	11 Nov 2026	✓ Deterministic

Save to Your Watchlist

TickerPulse Academy

Shriram Finance Ltd

🧬 TickerPulse Stock DNA

⚡ What Changed? (Recent Signal Radar)

📈 Price & Technical Intelligence

📐 Key Fundamentals & Valuation Multiples

About Shriram Finance Ltd

📑 10-Year Comprehensive Financial Statements

🎯 Valuation Lab & Sensitivity Matrix

🛡️ Forensic Audit Radar & Red Flag Monitor

👥 Shareholding Pattern & Institutional Footprint

🤖 Filings & AI Document Intelligence

🧭 Scenario Lab (12-Month Derived Valuation Targets)

🏢 Sector Peer Comparison (Financial Services)

Metric Explainer

Stock DNA Methodology

Document Title