Shriram Finance Limited
Shriram Finance Limited, a non-banking finance company, provides financing services in India. It offers fixed and recurring deposits; commercial vehicle loans for commercial goods vehicles, passenger commercial vehicles, tractors and farm equipment, and construction equipment; two-wheeler, gold, used car loan, and personal loans; and green finance services. The company also provides business loan… Read more
Shriram Finance Limited (SHRIRAMFIN) - Net Assets
Latest net assets as of September 2025: ₹606.04 Billion INR
Based on the latest financial reports, Shriram Finance Limited (SHRIRAMFIN) has net assets worth ₹606.04 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.99 Trillion) and total liabilities (₹2.39 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹606.04 Billion |
| % of Total Assets | 20.26% |
| Annual Growth Rate | 33.47% |
| 5-Year Change | 160.02% |
| 10-Year Change | 454.96% |
| Growth Volatility | 56.37 |
Shriram Finance Limited - Net Assets Trend (2004–2025)
This chart illustrates how Shriram Finance Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shriram Finance Limited (2004–2025)
The table below shows the annual net assets of Shriram Finance Limited from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹564.70 Billion | +13.67% |
| 2024-03-31 | ₹496.77 Billion | +13.42% |
| 2023-03-31 | ₹438.00 Billion | +67.85% |
| 2022-03-31 | ₹260.94 Billion | +20.15% |
| 2021-03-31 | ₹217.17 Billion | +19.71% |
| 2020-03-31 | ₹181.42 Billion | +13.65% |
| 2019-03-31 | ₹159.63 Billion | +26.81% |
| 2018-03-31 | ₹125.88 Billion | +11.08% |
| 2017-03-31 | ₹113.32 Billion | +11.37% |
| 2016-03-31 | ₹101.75 Billion | +9.82% |
| 2015-03-31 | ₹92.66 Billion | +8.88% |
| 2014-03-31 | ₹85.10 Billion | +15.98% |
| 2013-03-31 | ₹73.38 Billion | +21.64% |
| 2012-03-31 | ₹60.33 Billion | +23.28% |
| 2011-03-31 | ₹48.93 Billion | +27.29% |
| 2010-03-31 | ₹38.44 Billion | +65.94% |
| 2009-03-31 | ₹23.17 Billion | +27.54% |
| 2008-03-31 | ₹18.16 Billion | +67.19% |
| 2007-03-31 | ₹10.86 Billion | +29.50% |
| 2006-03-31 | ₹8.39 Billion | +275.42% |
| 2005-03-31 | ₹2.23 Billion | +69.90% |
| 2004-03-31 | ₹1.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shriram Finance Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 24242140000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹242.42 Billion | 42.93% |
| Common Stock | ₹3.76 Billion | 0.67% |
| Other Comprehensive Income | ₹560.94 Billion | 99.33% |
| Total Equity | ₹564.70 Billion | 100.00% |
Shriram Finance Limited Competitors by Market Cap
The table below lists competitors of Shriram Finance Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Akamai Technologies Inc
NASDAQ:AKAM
|
$14.92 Billion |
|
XPENG INC. SP.ADS/2 CL.A
F:8XPA
|
$14.97 Billion |
|
Rogers Communications Inc
NYSE:RCI
|
$14.97 Billion |
|
Northern Star Resources Ltd
PINK:NESRF
|
$14.98 Billion |
|
Power Grid Corporation of India Limited
NSE:POWERGRID
|
$14.91 Billion |
|
Roivant Sciences Ltd
NASDAQ:ROIV
|
$14.91 Billion |
|
Standard Bank Group Limited
PINK:SBGOF
|
$14.90 Billion |
|
Metro Inc
PINK:MTRAF
|
$14.89 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shriram Finance Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 489,471,700,000 to 564,698,200,000, a change of 75,226,500,000 (15.4%).
- Net income of 95,538,200,000 contributed positively to equity growth.
- Dividend payments of 18,593,000,000 reduced retained earnings.
- Share repurchases of 55,000,000 reduced equity.
- New share issuances of 55,000,000 increased equity.
- Other comprehensive income increased equity by 443,593,400,000.
- Other factors decreased equity by 445,312,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹95.54 Billion | +16.92% |
| Dividends Paid | ₹18.59 Billion | -3.29% |
| Share Repurchases | ₹55.00 Million | -0.01% |
| Share Issuances | ₹55.00 Million | +0.01% |
| Other Comprehensive Income | ₹443.59 Billion | +78.55% |
| Other Changes | ₹-445.31 Billion | -78.86% |
| Total Change | ₹- | 15.37% |
Book Value vs Market Value Analysis
This analysis compares Shriram Finance Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.35x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 164.06x to 3.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | ₹6.12 | ₹1003.60 | x |
| 2005-03-31 | ₹8.44 | ₹1003.60 | x |
| 2006-03-31 | ₹10.56 | ₹1003.60 | x |
| 2007-03-31 | ₹11.68 | ₹1003.60 | x |
| 2008-03-31 | ₹17.90 | ₹1003.60 | x |
| 2009-03-31 | ₹21.11 | ₹1003.60 | x |
| 2010-03-31 | ₹35.11 | ₹1003.60 | x |
| 2011-03-31 | ₹42.19 | ₹1003.60 | x |
| 2012-03-31 | ₹51.93 | ₹1003.60 | x |
| 2013-03-31 | ₹63.03 | ₹1003.60 | x |
| 2014-03-31 | ₹73.10 | ₹1003.60 | x |
| 2015-03-31 | ₹79.58 | ₹1003.60 | x |
| 2016-03-31 | ₹87.40 | ₹1003.60 | x |
| 2017-03-31 | ₹97.33 | ₹1003.60 | x |
| 2018-03-31 | ₹108.12 | ₹1003.60 | x |
| 2019-03-31 | ₹137.09 | ₹1003.60 | x |
| 2020-03-31 | ₹758.97 | ₹1003.60 | x |
| 2021-03-31 | ₹176.35 | ₹1003.60 | x |
| 2022-03-31 | ₹196.05 | ₹1003.60 | x |
| 2023-03-31 | ₹231.39 | ₹1003.60 | x |
| 2024-03-31 | ₹260.08 | ₹1003.60 | x |
| 2025-03-31 | ₹299.97 | ₹1003.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shriram Finance Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.51%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 5.20x
- Recent ROE (16.92%) is below the historical average (17.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 28.01% | 14.22% | 0.20x | 9.65x | ₹236.87 Million |
| 2005 | 22.07% | 14.23% | 0.17x | 8.99x | ₹269.78 Million |
| 2006 | 16.86% | 15.98% | 0.15x | 7.24x | ₹575.70 Million |
| 2007 | 17.53% | 13.64% | 0.13x | 9.97x | ₹817.56 Million |
| 2008 | 21.46% | 15.98% | 0.13x | 10.06x | ₹2.08 Billion |
| 2009 | 26.43% | 16.73% | 0.15x | 10.79x | ₹3.81 Billion |
| 2010 | 22.71% | 19.83% | 0.16x | 7.02x | ₹4.89 Billion |
| 2011 | 24.87% | 22.91% | 0.17x | 6.56x | ₹7.28 Billion |
| 2012 | 21.70% | 21.15% | 0.17x | 6.14x | ₹7.06 Billion |
| 2013 | 19.94% | 20.98% | 0.15x | 6.49x | ₹7.30 Billion |
| 2014 | 15.96% | 16.33% | 0.16x | 6.15x | ₹5.07 Billion |
| 2015 | 11.10% | 11.58% | 0.14x | 6.71x | ₹1.02 Billion |
| 2016 | 11.63% | 11.49% | 0.15x | 6.68x | ₹1.66 Billion |
| 2017 | 11.17% | 11.67% | 0.15x | 6.57x | ₹1.32 Billion |
| 2018 | 20.25% | 19.04% | 0.15x | 7.03x | ₹12.90 Billion |
| 2019 | 16.14% | 16.65% | 0.15x | 6.60x | ₹9.79 Billion |
| 2020 | 13.85% | 15.31% | 0.14x | 6.30x | ₹6.98 Billion |
| 2021 | 11.51% | 14.98% | 0.13x | 5.98x | ₹3.27 Billion |
| 2022 | 10.43% | 14.11% | 0.14x | 5.45x | ₹1.12 Billion |
| 2023 | 13.81% | 20.13% | 0.14x | 4.84x | ₹16.60 Billion |
| 2024 | 15.05% | 21.74% | 0.14x | 5.07x | ₹24.72 Billion |
| 2025 | 16.92% | 23.51% | 0.14x | 5.20x | ₹39.07 Billion |
Industry Comparison
This section compares Shriram Finance Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $29,648,174,333
- Average return on equity (ROE) among peers: 5.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shriram Finance Limited (SHRIRAMFIN) | ₹606.04 Billion | 28.01% | 3.94x | $14.92 Billion |
| Akme Fintrade India Ltd (AFIL) | $1.37 Billion | 3.01% | 1.73x | $13.99 Million |
| Arman Financial Services Limited (ARMANFIN) | $78.33 Million | 10.06% | 2.58x | $94.77 Million |
| Baid Finserv Limited (BAIDFIN) | $1.38 Billion | 5.44% | 1.30x | $4.92 Million |
| Bajaj Finance Limited (BAJFINANCE) | $9.96 Billion | 4.78% | 2.56x | $26.81 Billion |
| Capital Trust Limited (CAPTRUST) | $1.20 Billion | -9.01% | 1.95x | $596.12K |
| Capri Global Capital Limited (CGCL) | $43.04 Billion | 11.12% | 3.84x | $561.11 Million |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $221.24 Billion | 8.01% | 7.00x | $1.79 Billion |
| Capital India Finance Limited (CIFL) | $6.60 Billion | 1.77% | 1.73x | $2.74K |
| CP Capital Limited (CPCAP) | $4.72 Billion | 4.81% | 0.10x | $4.60 Million |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $6.91 Billion | 10.89% | 4.16x | $729.64 Million |