Shriram Transport Finance- Short Bumpy Ride to a Secular Growth Story.

India focused Portfolio Advisory - Exp of 40+years, Das Capital Management and Advisors

Arun Thirumalai

India focused Portfolio Advisory - Exp of 40+years

Das Capital Management and Advisors

Das Capital is a research boutique with an aim to continuously map and plan the investment needs of investors focused on India. We have a six member research team with a combined experience of over 40 years as a part of our investment wing. Our team assisted in the setup of Premji Investments, which was one of India’s first family offices focused to managing Mr.Azim Premji personal wealth. We also serve as a research team to two Indian private equity energy funds “Small is Beautiful” and “KSK Emerging India Energy Fund”.

Equity Bottom-Up

<p>We recently wrote a detailed report on <a href="https://www.smartkarma.com/entities/253" target="_blank" data-smartkarma-citation="entities:253:1">Shriram Transport Finance (SHTF IN)</a> with a long-term positive outlook. However, we also mentioned in our report that the company is expected to witness short term pain(till FY18) due to a stringent RBI regulation on NPA recognition. The company recently declared its Q4 FY17 results and the performance was muted although in line with our expectations. We analyze the result.</p><div class="content-highlight"><h2><strong>Quarterly  and 12 month FY17 performance</strong></h2></div><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/026/840/original/shriram%2012.PNG?1496048025" class="editor-image img-responsive" data-smartkarma-image-id="26840"></figure><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/026/841/original/shriram%201.PNG?1496048038" class="editor-image img-responsive" data-smartkarma-image-id="26841"></figure><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/026/842/original/shriram%202.PNG?1496048057" class="editor-image img-responsive" data-smartkarma-image-id="26842"></figure><ul><li>Asset Under Management increased by 10% YoY in…</li></ul>

We recently wrote a detailed report on Shriram Transport Finance (SHTF IN) with a long-term positive outlook. However, we also mentioned in our report that the company is expected to witness short term pain(till FY18) due to a stringent RBI regulation on NPA recognition. The company recently declared its Q4 FY17 results and the performance was muted although in line with our expectations. We analyze the result.Quarterly  and 12 month FY17 performanceAsset Under Management increased by 10% YoY in…

Shriram Transport Finance-Q4 FY17 and 12mnth FY17 Results Update

Shriram Finance

Shriram Transport Finance-Q4 FY17 and 12mnth FY17 Results Update