Shriram Finance is one of the country's biggest retail NBFCs, offering credit solutions for commercial vehicles, two-wheeler loans, car loans, home loans, gold loans, personal, and small business loans. The company is part of the 50-year-old Shriram Group, a financial conglomerate that has emerged as a trusted partner in creating transformative experiences and lasting impressions in customers' lives. In November 2022, Shriram Group's entities – Shriram Transport Finance Company Limited, Shriram City Union Finance Limited, and Shriram Capital Limited – merged to form Shriram Finance Limited.
Shriram Finance is the flagship company of the Shriram Group, which has a significant presence in Consumer Finance, Life Insurance, General Insurance, Housing Finance, Stock Broking, and Distribution businesses. It is one of India's largest retail asset financing NBFCs with AUM of more than ₹2.6 trillion. The company operates through an extensive network and maintains a strong focus on serving the underserved segments of the Indian economy.
The company has a vertically integrated business model and offers financing for passenger commercial vehicles, loans to MSMEs, tractors, gold, personal loans, and working capital loans. The company's primary activities involve providing a wide range of credit solutions, including commercial vehicle loans, two-wheeler loans, car loans, home loans, gold loans, personal loans, and small business loans. SFL also offers investment options such as fixed deposits, fixed investment plans, and chit funds, along with insurance products, including life and general insurance products. The company caters to both private and corporate customers across India, serving customers in both rural and urban areas.
As on March 31, 2025, with a network of 3,220 branches and a workforce of 79,872, Shriram Finance has combined Assets Under Management (AUM) worth ₹2,63,190.3 Crore. The company's operational philosophy centers on understanding the needs of common people and providing tailor-made financial solutions that cater to their specific requirements.
As of March 31, 2025, the AUM reached an impressive ₹2,63,190.27 Crore, marking a substantial 17.05% year-on-year increase from ₹2,24,861.98 Crore as of March 31, 2024.
Key financial highlights for FY 2024-25:
* Revenue: ₹43,941 Crore
* Net Profit: ₹9,576 Crore
* AUM Growth: 17.05% year-on-year
* Market Capitalization: ₹1,27,160 Crore (as of recent data)
Shriram Finance Ltd's revenue jumped 19.75% since the last year same period to ₹11,460.25 Crore. Shriram Finance Ltd's net profit jumped 6.72% since the last year same period to ₹2,143.77 Crore.
FY 2024-25 was a pivotal year for Shriram Finance, characterized by strategic decisions aimed at optimizing its portfolio and enhancing shareholder value. A significant move was the successful divestment of its entire stake in Shriram Housing Finance Limited (SHFL), now known as Truhome Finance, to Warburg Pincus. This transaction, valued at ₹3,929.03 Crore, resulted in a one-time exceptional gain of ₹1,656.77 Crore (₹1,489.39 Crore net of tax) for the company.
The Commercial Vehicle Loan segment continues to be the largest contributor to AUM, standing at ₹1,18,560.50 Crore, accounting for 45.05% of the total AUM.
Other significant segments include:
* Passenger Vehicle Loans: ₹54,104 Crore
* MSME Loans: ₹37,413 Crore
* Construction Equipment Loans: ₹17,878 Crore
* Two-Wheeler Loans: ₹15,580 Crore (5.92% of total AUM)
* Personal Loans: ₹9,609 Crore (3.65% of total AUM)
Shriram Finance's exceptional year was also marked by significant market recognition, including securing a position in the prestigious Nifty50 index. The company's market capitalization stood at ₹1,23,400 Crore as of March 31, 2025. The company is also part of various other major indices, including BSE 500, BSE 100, Nifty 100, and Nifty Financial Services.
Shriram Finance is focusing on sustainability through its new vertical, Shriram Green Finance, targeting an AUM of ₹5,000 Crore. The company emphasizes EV financing, social inclusion, and strong ESG practices, aiming to redefine responsible finance and attract ESG-focused investors. This initiative reflects the company's commitment to environmental sustainability and responsible lending practices.
The company prioritizes employee well-being and skill development, being ranked among the top 50 companies in the 'Great Place to Work' list for employee health and wellness. The workforce expanded significantly, with a net increase of 5,227 employees, bringing the total to 79,872 individuals by March 31, 2025.
Looking ahead, the company's Managing Director & CEO, Yalamati Srinivasa Chakravarti, expressed optimism, stating that Shriram Finance is on track to approach ₹3 lakh Crore in Assets under Management during FY 2025-26. This ambitious target reflects the company's confidence in its growth trajectory and market positioning.
The company continues to focus on its core philosophy of financial inclusion, serving the underserved segments of the Indian economy while maintaining operational efficiency and strong risk management practices. With its diverse product portfolio, extensive branch network, and strategic focus on emerging sectors like green finance, Shriram Finance is well-positioned to capitalize on India's growing financial services market.
