Earnings Alerts

Shriram Finance (SHFL) Earnings: 4Q Net Income Falls Short of Estimates, Shares Decline 2.9%

  • Shriram Finance reported a net income of 21.39 billion rupees for the fourth quarter, which was lower than the estimated 22.26 billion rupees.
  • The company’s net interest income stood at 60.51 billion rupees.
  • Shriram Finance declared a dividend of 3 rupees per share.
  • Following the earnings report, Shriram Finance shares declined by 2.9% to 676.20 rupees.
  • A total of 6.78 million shares were traded following the announcement.
  • In terms of market sentiment, there are 39 buy ratings and 1 sell rating for the company’s stock, with no hold ratings.

A look at Shriram Finance Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
Momentum2
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Shriram Finance Limited, a company providing consumer finance services in India, is seen to have a positive long-term outlook based on its Smartkarma Smart Scores. With a solid score in Dividend and Value at 5 and 4 respectively, the company is recognized for its ability to provide good returns to its investors and its attractive valuation. Additionally, Shriram Finance also scores well in Growth, indicating promising potential for expansion and development in the future. However, the company’s lower scores in Resilience and Momentum at 2 each suggest some room for improvement in terms of withstanding market challenges and maintaining positive stock performance.

In summary, Shriram Finance Limited, specializing in automobile, commercial vehicle, business, and gold loan services, showcases a promising future outlook considering its strong performance in Dividend, Value, and Growth according to the Smartkarma Smart Scores system. While the company may need to focus on enhancing its Resilience and Momentum factors to ensure long-term stability and market competitiveness, its overall outlook remains optimistic, reflecting its position as a key player in the consumer finance sector in India.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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