Shriram Finance Ltd - Company Profile
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Shriram Finance Limited (SFL) is a non-banking financial company. The company primarily offers credit solutions, including loans for commercial vehicles, two-wheelers, cars, homes, gold, personal needs, and small businesses. It provides a diverse range of financial products such as fixed deposits, investment plans, and various types of vehicle and equipment loans. The company serves a wide customer base, including private individuals and corporate clients, across multiple sectors. It operates through an extensive network of branches, ensuring access to financial services in both urban and rural areas. The company has a significant presence across India, with branches in numerous states and union territories. It targets markets ranging from rural heartlands to metropolitan cities. SFL is headquartered in Mumbai, Maharashtra, India.
Shriram Finance Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Commercial Vehicle Finance | Stock Broking |
| Passenger Vehicle Finance | Payment Services |
| Multi Utility Vehicle Finance | Insurance Services |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company signed an agreement to sell its 20% stake to MUFG Bank, Ltd. |
| 2025 | Contracts/Agreements | In October, Shriram Green Finance signed a partnership with Greaves Electric Mobility Pvt Ltd to offer electric vehicles more accessible to a wider audience. |
| 2025 | Regulatory Approval | In April, the company secured approval from the Reserve Bank of India for the acquisition of a 100% stake in Shriram Overseas Investments Private Limited from Shriram Investments Holdings Private Limited. |
Competitor Comparison
| Key Parameters | Shriram Finance Ltd | Bajaj Finserv Ltd | Cholamandalam Investment and Finance Company Ltd | Mahindra & Mahindra Financial Services Ltd | IIFL Finance Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Pune | Chennai | Mumbai | Mumbai |
| State/Province | Maharashtra | Maharashtra | Tamil Nadu | Maharashtra | Maharashtra |
| No. of Employees | 79,872 | 126 | 46,678 | 25,261 | 14,782 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Umesh Govind Revankar | Vice Chairman | Executive Board | 2024 | - |
| Srinivasa Chakravarti Yalamati | Managing Director; Chief Executive Officer; Director | Executive Board | 2022 | - |
| Parag Sharma | Director; Chief Financial Officer; Managing Director | Executive Board | 2024 | - |
| Jugal Kishore Mohapatra | Chairman | Non Executive Board | 2023 | - |
| Ravi Devaki Venkataraman | Director | Non Executive Board | 2015 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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