Shriram Transport Finance Company Limited, a non-banking finance company, primarily provides commercial vehicle financing services in India.
No risks detected for 511218 from our risk checks.
Proven track record average dividend payer.
Share Price & News
How has Shriram Transport Finance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 511218 has not had significant price volatility in the past 3 months.
7 Day Return
IN Consumer Finance
1 Year Return
IN Consumer Finance
Return vs Industry: 511218 underperformed the Indian Consumer Finance industry which returned 58.1% over the past year.
Return vs Market: 511218 exceeded the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Shriram Transport Finance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Shriram Transport Finance undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 511218 (₹1274.75) is trading above our estimate of fair value (₹753)
Significantly Below Fair Value: 511218 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 511218 is good value based on its PE Ratio (9.5x) compared to the Consumer Finance industry average (15x).
PE vs Market: 511218 is good value based on its PE Ratio (9.5x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 511218's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 511218 is overvalued based on its PB Ratio (1.7x) compared to the IN Consumer Finance industry average (0.7x).
How is Shriram Transport Finance forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 511218's forecast earnings growth is above the savings rate (6.5%).
Earnings vs Market: Insufficient data to determine if 511218's earnings are forecast to grow faster than the Indian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 511218's revenue (7.9% per year) is forecast to grow slower than the Indian market (9% per year).
High Growth Revenue: 511218's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 511218's Return on Equity is forecast to be low in 3 years time (16.6%).
How has Shriram Transport Finance performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 511218 has high quality earnings.
Growing Profit Margin: 511218's current net profit margins (36.8%) are higher than last year (33%).
Past Earnings Growth Analysis
Earnings Trend: 511218's earnings have grown by 19.4% per year over the past 5 years.
Accelerating Growth: 511218's earnings growth over the past year (18.2%) is below its 5-year average (19.4% per year).
Earnings vs Industry: 511218 earnings growth over the past year (18.2%) exceeded the Consumer Finance industry 10.9%.
Return on Equity
High ROE: 511218's Return on Equity (17.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Shriram Transport Finance's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 511218 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 511218's debt is covered by short term assets (assets are 1.3x debt).
Financial Institutions Analysis
Asset Level: 511218's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 511218 has a sufficient allowance for bad loans.
Low Risk Liabilities: 511218 reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 511218 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 511218 has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 511218 has an appropriate level of bad loans.
What is Shriram Transport Finance's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 511218's dividend (0.94%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 511218's dividend (0.94%) is low compared to the top 25% of dividend payers in the Indian market (2.55%).
Stability and Growth of Payments
Stable Dividend: 511218's dividends per share have been stable in the past 10 years.
Growing Dividend: 511218's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (9%), 511218's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Umesh Revankar (55yo)
Mr. Umesh Govind Revankar has been Chief Executive Officer and Managing Director of Shriram Transport Finance Company Limited since October 25, 2016. Mr. Revankar served as Managing Director and Chief Exec ...
CEO Compensation Analysis
Compensation vs Market: Umesh's total compensation ($USD93.86K) is below average for companies of similar size in the Indian market ($USD706.16K).
Compensation vs Earnings: Umesh's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||3.3yrs||₹6.70m||no data|
|CFO & Executive Director||0yrs||₹5.86m||no data|
|Compliance Officer & Company Secretary||8.4yrs||₹4.65m||no data|
|Executive Director of Accounts & Administration||0yrs||no data||no data|
|Senior Vice President||0yrs||no data||no data|
|Chief Executive Officer of Shriram Equipment Finance Company Limited||8.8yrs||no data||no data|
|Chief Executive Officer of Shriram Automall India Limited||8.8yrs||no data||no data|
|Chief Executive Officer of West & North||0yrs||no data||no data|
Experienced Management: 511218's management team is seasoned and experienced (8.6 years average tenure).
|MD, CEO & Director||3.3yrs||₹6.70m||no data|
|Non-Executive & Non-Independent Director||13.3yrs||no data||no data|
|Non-Executive Independent Director||5.3yrs||₹1.19m||no data|
|Independent Chairman of the Board||5.1yrs||₹1.19m||no data|
|Non Executive Independent Director||7.3yrs||₹1.22m||no data|
|Additional Non Executive-Independent Director||1.3yrs||₹487.60k||no data|
|Non-Executive Non-Independent Director||4.7yrs||no data||no data|
|Non-Independent Non-Executive Director||0.8yrs||no data||no data|
Experienced Board: 511218's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Shriram Transport Finance Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Shriram Transport Finance Company Limited
- Ticker: 511218
- Exchange: BSE
- Founded: 1979
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: ₹290.150b
- Shares outstanding: 226.90m
- Website: https://www.stfc.in
Number of Employees
- Shriram Transport Finance Company Limited
- Wockhardt Towers
- Level-3, West Wing, C-2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|511218||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Sep 1995|
|SRTRANSFIN||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Sep 1995|
Shriram Transport Finance Company Limited, a non-banking finance company, primarily provides commercial vehicle financing services in India. The company offers financing for heavy duty trucks; medium, intermediate, and light duty trucks; pickup and mini trucks; passenger vehicles; farm equipment; and construction vehicle and equipment. It also provides small business finance loans, including dealer funding for new and used vehicle dealers, and tire dealers; working capital funding for customers; and funding to transport ecosystem. In addition, the company offers financing for tractors, three wheelers, multi-utility vehicles, etc.; and finance for working capital and engine replacement, as well as tire-loans. Further, it provides life and general insurance products, as well as accepts various non-cumulative and cumulative deposits. As of March 31, 2019, the company operated a network of 1,545 branches and 838 rural centers. It primarily serves first time buyers, driver-turned-owners, and small road transport operators. Shriram Transport Finance Company Limited was founded in 1979 and is headquartered in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 12:50|
|End of Day Share Price||2020/02/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.