Valuation Shriram Finance Limited

Equities

Market Closed - Bombay S.E. Other stock markets 11:12:00 20/04/2026 BST			5-day change	1st Jan Change
1,045.05 ^INR	+0.82%		+1.74%	+4.91%

04-15	Shriram Finance unit gets in-principal approval to commence primary dealer business from Reserve Bank of India	RE
04-10	CRISIL Upgrades Shriram Finance's Long-Term Rating to 'AAA'	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	359,828	307,067	471,722	886,946	1,233,250	2,458,675	-	-
Change	-	-14.66%	53.62%	88.02%	39.04%	99.37%	-	-
Enterprise Value (EV) ¹	1,098,545	1,072,487	1,536,847	2,192,795	3,361,565	4,252,311	4,401,742	4,685,827
Change	-	-2.37%	43.3%	42.68%	53.3%	26.5%	3.51%	6.45%
P/E ratio	14.1x	11.2x	7.92x	12.4x	12.6x	21.6x	18.3x	14.7x
PBR	1.67x	1.17x	1.09x	1.83x	2.19x	2.84x	2.17x	1.93x
PEG	-	14.69x	0.1x	0.6x	0.4x	-3.29x	1x	0.6x
Capitalization / Revenue	4.29x	3.22x	2.73x	4.4x	5.27x	9.22x	7.35x	6.12x
EV / Revenue	13.1x	11.2x	8.91x	10.9x	14.4x	15.9x	13.2x	11.7x
EV / EBITDA	-	-	-	14.8x	19.9x	31.6x	26.3x	23.5x
EV / EBIT	17.2x	14.5x	12.5x	15.4x	20.7x	23x	18.2x	15.8x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	3.6	4	4	9	9.9	10.22	11.67	13.39
Rate of return	1.27%	1.76%	1.59%	1.91%	1.51%	0.98%	1.12%	1.28%
EPS ²	20.19	20.35	31.8	38.2	51.85	48.45	57.19	70.92
Distribution rate	17.8%	19.7%	12.6%	23.6%	19.1%	21.1%	20.4%	18.9%
Net sales ¹	83,821	95,399	172,571	201,583	234,049	266,659	334,600	401,827
EBITDA ¹	-	-	-	147,708	169,062	134,612	167,270	199,700
EBIT ¹	63,964	74,101	123,441	142,020	162,609	184,869	242,180	296,154
Net income ¹	24,873	27,079	59,793	71,905	97,610	97,605	131,717	163,213
Net Debt ¹	738,717	765,420	1,065,125	1,305,848	2,128,315	1,793,636	1,943,068	2,227,152
Reference price ²	284.38	227.02	251.97	472.04	655.85	1,045.05	1,045.05	1,045.05
Nbr of stocks (in thousands)	1,265,308	1,352,599	1,872,136	1,878,964	1,880,384	2,352,686	-	-
Announcement Date	29/04/21	28/04/22	27/04/23	26/04/24	25/04/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
SHRIRAM FINANCE LIMITED	21.4x	15.87x	31.44x	0.99%	26.35B
BAJAJ FINANCE LIMITED	29.41x	16.95x	-	0.56%	60.97B
ORIX CORPORATION	12.33x	3.44x	24.3x	3.14%	33.57B
BAJAJ FINSERV LTD.	27.33x	2.96x	16.51x	0.07%	31.72B
SYNCHRONY FINANCIAL	8.47x	1.99x	-	1.61%	27.23B
SOFI TECHNOLOGIES, INC.	32.25x	4.47x	13.08x	-.--%	24.78B
MUTHOOT FINANCE LIMITED	15.01x	-	-	1.11%	15.49B
TATA CAPITAL LIMITED	28.12x	-	-	-	15.4B
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	26.19x	19.62x	48.97x	0.14%	14.55B
Average	22.28x	9.33x	26.86x	0.95%	27.78B
Weighted average by Cap.	22.85x	9.63x	24.47x	0.98%