Shriram Transport Finance Company Ltd
Shriram Transport Finance Company is primarily engaged in the business of financing commercial vehicles. It also provides loans for equipment and other business purposes. The Company is registered with the Reserve Bank of India (RBI), Ministry of Corporate Affairs and Insurance Regulatory and Development Authority of India (IRDA).(Source : 202003 Annual Report Page No:100)
- Market Cap ₹ 32,472 Cr.
- Current Price ₹ 1,283
- High / Low ₹ 1,535 / 429
- Stock P/E 16.5
- Book Value ₹ 725
- Dividend Yield 0.47 %
- ROCE 10.8 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 19.54% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,421 | 3,729 | 3,938 | 3,991 | 3,873 | 4,022 | 4,153 | 4,219 | 4,168 | 4,141 | 4,348 | 4,438 | |
908 | 985 | 1,148 | 1,080 | 1,011 | 1,005 | 1,145 | 948 | 1,635 | 1,411 | 1,136 | 1,181 | |
Operating Profit | 1,512 | 2,745 | 2,790 | 2,911 | 2,862 | 3,017 | 3,008 | 3,271 | 2,534 | 2,730 | 3,212 | 3,257 |
OPM % | 62% | 74% | 71% | 73% | 74% | 75% | 72% | 78% | 61% | 66% | 74% | 73% |
Other Income | 0 | 2 | 10 | 2 | 10 | 9 | 3 | 3 | 5 | 4 | 4 | 5 |
Interest | 1,253 | 1,854 | 1,850 | 1,919 | 1,888 | 2,011 | 2,049 | 2,051 | 2,159 | 2,267 | 2,263 | 2,236 |
Depreciation | 10 | 10 | 11 | 11 | 12 | 33 | 36 | 36 | 36 | 36 | 32 | 37 |
Profit before tax | 250 | 883 | 939 | 984 | 972 | 982 | 927 | 1,186 | 344 | 431 | 920 | 989 |
Tax % | 66% | 35% | 35% | 35% | 23% | 35% | 17% | 26% | 35% | 26% | 26% | 26% |
Net Profit | 84 | 575 | 613 | 639 | 749 | 637 | 768 | 882 | 224 | 319 | 689 | 734 |
EPS in Rs | 3.33 | 22.73 | 24.21 | 25.23 | 29.59 | 25.19 | 30.36 | 34.86 | 8.86 | 12.61 | 24.40 | 26.00 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4,493 | 5,482 | 6,173 | 7,009 | 8,476 | 9,177 | 10,359 | 10,903 | 13,502 | 15,536 | 16,568 | 17,095 | |
910 | 1,315 | 1,644 | 1,738 | 2,244 | 2,781 | 3,447 | 3,712 | 3,288 | 4,171 | 4,689 | 5,362 | |
Operating Profit | 3,583 | 4,167 | 4,529 | 5,271 | 6,232 | 6,396 | 6,912 | 7,190 | 10,214 | 11,365 | 11,879 | 11,733 |
OPM % | 80% | 76% | 73% | 75% | 74% | 70% | 67% | 66% | 76% | 73% | 72% | 69% |
Other Income | 3 | 1 | 6 | 7 | 4 | 2 | 3 | 1 | 128 | 20 | 14 | 17 |
Interest | 2,247 | 2,320 | 2,560 | 3,092 | 4,233 | 4,706 | 5,088 | 5,219 | 6,409 | 7,564 | 8,313 | 8,925 |
Depreciation | 15 | 11 | 17 | 23 | 33 | 43 | 38 | 35 | 37 | 43 | 141 | 141 |
Profit before tax | 1,325 | 1,838 | 1,958 | 2,163 | 1,970 | 1,650 | 1,789 | 1,938 | 3,896 | 3,778 | 3,439 | 2,684 |
Tax % | 34% | 34% | 33% | 32% | 31% | 38% | 34% | 35% | 35% | 32% | 27% | |
Net Profit | 873 | 1,217 | 1,309 | 1,463 | 1,358 | 1,028 | 1,184 | 1,266 | 2,549 | 2,576 | 2,512 | 1,966 |
EPS in Rs | 34.71 | 48.24 | 51.85 | 57.84 | 53.65 | 40.63 | 46.76 | 50.01 | 100.71 | 101.77 | 99.26 | 71.87 |
Dividend Payout % | 16% | 12% | 11% | 11% | 12% | 22% | 19% | 7% | 10% | 11% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 13% |
3 Years: | 15% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 20% |
3 Years: | 26% |
TTM: | -35% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 10% |
3 Years: | -0% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 15% |
3 Years: | 17% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
226 | 226 | 226 | 227 | 227 | 227 | 227 | 227 | 227 | 227 | 227 | 253 | |
Reserves | 3,611 | 4,667 | 5,806 | 7,111 | 8,283 | 9,039 | 9,949 | 11,105 | 13,463 | 15,736 | 17,915 | 20,200 |
Borrowings | 18,460 | 20,182 | 24,137 | 33,386 | 38,630 | 46,695 | 49,790 | 53,080 | 82,131 | 87,914 | 94,735 | 96,241 |
4,678 | 7,047 | 6,869 | 6,550 | 5,192 | 6,193 | 8,048 | 10,034 | 1,539 | 1,542 | 1,389 | 1,369 | |
Total Liabilities | 26,974 | 32,122 | 37,038 | 47,274 | 52,332 | 62,154 | 68,013 | 74,446 | 97,360 | 105,419 | 114,266 | 118,064 |
46 | 41 | 54 | 72 | 155 | 154 | 152 | 136 | 122 | 147 | 482 | 439 | |
CWIP | 0 | 3 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | 1,856 | 3,477 | 3,666 | 3,280 | 2,435 | 3,037 | 1,340 | 1,518 | 2,456 | 4,126 | 2,936 | 3,117 |
25,072 | 28,601 | 33,318 | 43,922 | 49,742 | 58,962 | 66,522 | 72,791 | 94,782 | 101,146 | 110,848 | 114,507 | |
Total Assets | 26,974 | 32,122 | 37,038 | 47,274 | 52,332 | 62,154 | 68,013 | 74,446 | 97,360 | 105,419 | 114,266 | 118,064 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
868 | -2,199 | -1,687 | -8,359 | -4,055 | -9,611 | -5,507 | -2,677 | -13,142 | -5,535 | -3,131 | |
-1,960 | -11 | -28 | -41 | -112 | -45 | -36 | -2 | 86 | -76 | -55 | |
-1,043 | 1,542 | 3,766 | 9,060 | 5,010 | 7,836 | 2,822 | 3,017 | 13,014 | 5,550 | 5,246 | |
Net Cash Flow | -2,135 | -668 | 2,051 | 661 | 843 | -1,819 | -2,721 | 338 | -42 | -62 | 2,060 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 18% | 16% | 15% | 14% | 12% | 12% | 12% | 13% | 11% | 11% | |
Debtor Days | -0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Turnover | 9.54 | 9.15 | 18.60 |
Documents
Add documentRecent announcements
- Reporting Of Violations Under SEBI (Prohibition Of Insider Trading) Regulations, 2015 1d
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Announcement under Regulation 30 (LODR)-Allotment 2d
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2013 from nse
- Financial Year 2012 from bse
- Financial Year 2012 from nse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse