Shriram Finance Limited (SHRIRAMFIN) - Net Assets

Latest as of September 2025: Rs606.04 Billion INR ≈ $6.55 Billion USD

Based on the latest financial reports, Shriram Finance Limited (SHRIRAMFIN) has net assets worth Rs606.04 Billion INR (≈ $6.55 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.99 Trillion ≈ $32.36 Billion USD) and total liabilities (Rs2.39 Trillion ≈ $25.80 Billion USD). 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. Check SHRIRAMFIN cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs606.04 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. Also explore Shriram Finance Limited assets under control for the complete picture of this company's asset base.

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. For live valuation and market cap data, see SHRIRAMFIN stock market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs564.70 Billion ≈ $6.11 Billion	+13.67%
2024-03-31	Rs496.77 Billion ≈ $5.37 Billion	+13.42%
2023-03-31	Rs438.00 Billion ≈ $4.74 Billion	+67.85%
2022-03-31	Rs260.94 Billion ≈ $2.82 Billion	+20.15%
2021-03-31	Rs217.17 Billion ≈ $2.35 Billion	+19.71%
2020-03-31	Rs181.42 Billion ≈ $1.96 Billion	+13.65%
2019-03-31	Rs159.63 Billion ≈ $1.73 Billion	+26.81%
2018-03-31	Rs125.88 Billion ≈ $1.36 Billion	+11.08%
2017-03-31	Rs113.32 Billion ≈ $1.23 Billion	+11.37%
2016-03-31	Rs101.75 Billion ≈ $1.10 Billion	+9.82%
2015-03-31	Rs92.66 Billion ≈ $1.00 Billion	+8.88%
2014-03-31	Rs85.10 Billion ≈ $920.34 Million	+15.98%
2013-03-31	Rs73.38 Billion ≈ $793.56 Million	+21.64%
2012-03-31	Rs60.33 Billion ≈ $652.41 Million	+23.28%
2011-03-31	Rs48.93 Billion ≈ $529.20 Million	+27.29%
2010-03-31	Rs38.44 Billion ≈ $415.73 Million	+65.94%
2009-03-31	Rs23.17 Billion ≈ $250.54 Million	+27.54%
2008-03-31	Rs18.16 Billion ≈ $196.43 Million	+67.19%
2007-03-31	Rs10.86 Billion ≈ $117.49 Million	+29.50%
2006-03-31	Rs8.39 Billion ≈ $90.72 Million	+275.42%
2005-03-31	Rs2.23 Billion ≈ $24.17 Million	+69.90%
2004-03-31	Rs1.32 Billion ≈ $14.22 Million	--

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	Rs242.42 Billion	42.93%
Common Stock	Rs3.76 Billion	0.67%
Other Comprehensive Income	Rs560.94 Billion	99.33%
Total Equity	Rs564.70 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
Bridgestone Corporation F:BGTA	$23.85 Billion
Semiconductor Manufacturing International Corporation F:MKN2	$23.85 Billion
Compagnie Generale des Etablissements Michelin SCA PA:ML	$23.87 Billion
QBE Insurance Group Ltd AU:QBE	$23.88 Billion
Credicorp Ltd F:D8V	$23.81 Billion
Coterra Energy Inc NYSE:CTRA	$23.80 Billion
Flex Ltd F:FXI	$23.78 Billion
Hana Financial KO:086790	$23.75 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	Rs95.54 Billion	+16.92%
Dividends Paid	Rs18.59 Billion	-3.29%
Share Repurchases	Rs55.00 Million	-0.01%
Share Issuances	Rs55.00 Million	+0.01%
Other Comprehensive Income	Rs443.59 Billion	+78.55%
Other Changes	Rs-445.31 Billion	-78.86%
Total Change	Rs-	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: 3.12x
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 153.23x to 3.12x 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	Rs6.12	Rs937.35	x
2005-03-31	Rs8.44	Rs937.35	x
2006-03-31	Rs10.56	Rs937.35	x
2007-03-31	Rs11.68	Rs937.35	x
2008-03-31	Rs17.90	Rs937.35	x
2009-03-31	Rs21.11	Rs937.35	x
2010-03-31	Rs35.11	Rs937.35	x
2011-03-31	Rs42.19	Rs937.35	x
2012-03-31	Rs51.93	Rs937.35	x
2013-03-31	Rs63.03	Rs937.35	x
2014-03-31	Rs73.10	Rs937.35	x
2015-03-31	Rs79.58	Rs937.35	x
2016-03-31	Rs87.40	Rs937.35	x
2017-03-31	Rs97.33	Rs937.35	x
2018-03-31	Rs108.12	Rs937.35	x
2019-03-31	Rs137.09	Rs937.35	x
2020-03-31	Rs758.97	Rs937.35	x
2021-03-31	Rs176.35	Rs937.35	x
2022-03-31	Rs196.05	Rs937.35	x
2023-03-31	Rs231.39	Rs937.35	x
2024-03-31	Rs260.08	Rs937.35	x
2025-03-31	Rs299.97	Rs937.35	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	Rs236.87 Million
2005	22.07%	14.23%	0.17x	8.99x	Rs269.78 Million
2006	16.86%	15.98%	0.15x	7.24x	Rs575.70 Million
2007	17.53%	13.64%	0.13x	9.97x	Rs817.56 Million
2008	21.46%	15.89%	0.13x	10.06x	Rs2.08 Billion
2009	26.43%	16.73%	0.15x	10.79x	Rs3.81 Billion
2010	22.71%	19.83%	0.16x	7.02x	Rs4.89 Billion
2011	24.87%	22.31%	0.17x	6.56x	Rs7.28 Billion
2012	21.70%	35.30%	0.10x	6.14x	Rs7.06 Billion
2013	19.94%	20.98%	0.15x	6.49x	Rs7.30 Billion
2014	15.96%	16.33%	0.16x	6.15x	Rs5.07 Billion
2015	11.10%	11.58%	0.14x	6.71x	Rs1.02 Billion
2016	11.63%	11.49%	0.15x	6.68x	Rs1.66 Billion
2017	11.17%	11.67%	0.15x	6.57x	Rs1.32 Billion
2018	20.25%	19.04%	0.15x	7.03x	Rs12.90 Billion
2019	16.14%	16.65%	0.15x	6.60x	Rs9.79 Billion
2020	13.85%	15.31%	0.14x	6.30x	Rs6.98 Billion
2021	11.51%	14.98%	0.13x	5.98x	Rs3.27 Billion
2022	10.43%	14.11%	0.14x	5.45x	Rs1.12 Billion
2023	13.81%	20.13%	0.14x	4.84x	Rs16.60 Billion
2024	15.05%	21.74%	0.14x	5.07x	Rs24.72 Billion
2025	16.92%	23.51%	0.14x	5.20x	Rs39.07 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: $47,468,447,599
Average return on equity (ROE) among peers: 10.28%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shriram Finance Limited (SHRIRAMFIN)	Rs606.04 Billion	28.01%	3.94x	$23.85 Billion
Akme Fintrade India Ltd (AFIL)	$2.23 Billion	8.30%	0.95x	$41.31 Million
Arman Financial Services Limited (ARMANFIN)	$392.47 Million	15.69%	2.49x	$169.77 Million
Baid Finserv Limited (BAIDFIN)	$108.03 Million	5.96%	2.17x	$19.08 Million
Bajaj Finance Limited (BAJFINANCE)	$369.18 Billion	11.97%	3.65x	$62.99 Billion
Capri Global Capital Limited (CGCL)	$8.29 Billion	4.93%	0.02x	$1.94 Billion
Cholamandalam Investment and Finance Company Limited (CHOLAFIN)	$62.09 Billion	19.30%	8.26x	$14.26 Billion
Cholamandalam Financial Holdings Limited (CHOLAHLDNG)	$8.02 Billion	8.68%	3.62x	$3.16 Billion
CREDITACCESS GRAMEEN LIMITED (CREDITACC)	$23.65 Billion	13.60%	2.11x	$2.25 Billion
CSL Finance Limited (CSLFINANCE)	$1.14 Billion	14.37%	0.30x	$55.14 Million
DCM Financial Services Limited (DCMFINSERV)	$-421.69 Million	0.00%	0.00x	$1.13 Million

About Shriram Finance Limited

NSE:SHRIRAMFIN India Credit Services

Market Cap

$23.85 Billion

Rs2.21 Trillion INR

Market Cap Rank

#1084 Global

#30 in India

Share Price

Rs937.35

Change (1 day)

-2.04%

52-Week Range

Rs571.65 - Rs1104.60

All Time High

Rs3603.40