Shriram Transport Finance Company Limited
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Shriram Transport Finance Company Limited - overview
Established
1979
Location
Mumbai, Maharashtra, India
Primary Industry
Financial Services
About
Founded in 1979 and based in Mumbai, India, Shriram Transport Finance Company Limited operates as a commercial vehicle financing company primarily financing pre-owned trucks for small truck owners. As of June 2019, the company employs 27,174 people including more than 16,471 product executives and credit executives who are colloquially referred to as field force and has a network of 1,585 branches, 856 rural centers, and ties up over 500 private financiers across the country. In May 2021, Northern Arc Capital and other capital market investors provided debt financing to support the recapitalization of the firm. The company offers loan products for all commercial vehicle financing needs which include passenger commercial vehicle finance, construction equipment finance, tractor and farm equipment finance, or commercial good vehicle finance.
It has a vertically integrated business model and offers a number of products which include pre-owned commercial vehicle (CV) financing, new CV financing, and other loans like accidental repair loans, tire loans, and working capital finance. The firm also provides other services which include deposits, life insurance, business loans, and working capital loans.
Current Investors
Shriram Finance Limited
Primary Industry
Financial Services
Sub Industries
Consumer Finance, Commercial Banks, Life Insurance
Website
www.stfc.in
Company Stage
Merged
Total Amount Raised
Subscriber access only
Shriram Transport Finance Company Limited - timeline of key events
Shriram Transport Finance Company Limited - financials
| Fiscal Year Ended | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 70,144,287,000 | 84,760,192,000 | 91,769,982,000 | 103,102,883,000 | 109,027,146,000 | 122,771,681,000 | 154,558,066,000 | 164,626,500,000 | 172,442,100,000 | - | - | - |
| % Revenue Growth (YoY) | - | 20.8% | 8.3% | 12.3% | 5.7% | 12.6% | 25.9% | 6.5% | 4.7% | - | - | - |
| EBITDA (USD) | 52,556,602,000 | 62,207,371,000 | 63,850,041,000 | 68,971,782,000 | 71,686,173,000 | 77,972,600,000 | 38,212,477,000 | 35,797,200,000 | 34,153,700,000 | - | - | - |
| Operating Income (USD) | 52,163,881,000 | 61,726,723,000 | 63,242,006,000 | 68,472,021,000 | 71,237,522,000 | 77,362,744,000 | 37,782,750,000 | 34,386,700,000 | 32,780,100,000 | - | - | - |
| Operating Margin | 74.4% | 72.8% | 68.9% | 66.4% | 65.3% | 63.0% | 24.4% | 20.9% | 19.0% | - | - | - |
| % EBITDA Margin | 74.9% | 73.4% | 69.6% | 66.9% | 65.8% | 63.5% | 24.7% | 21.7% | 19.8% | - | - | - |
| NET Income (USD) | 14,634,279,000 | 13,579,373,000 | 10,284,445,000 | 11,836,182,000 | 12,656,341,000 | 15,567,474,000 | 25,756,783,000 | 25,122,700,000 | 24,988,300,000 | - | - | - |
| % Net Margin | 20.9% | 16.0% | 11.2% | 11.5% | 11.6% | 12.7% | 16.7% | 15.3% | 14.5% | - | - | - |
Shriram Transport Finance Company Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Freight Tiger | - | ||||||||
| Merger | Completed | Shriram Capital Limited, Shriram City Union Finance Limited, Shriram Transport Finance Company Limited | - | ||||||||
| Private Debt | Completed | Shriram Transport Finance Company Limited | - | ||||||||
| Venture Debt | Completed | Drivezy India Travels Pvt Ltd | - | ||||||||
| Series A | Completed | Freight Tiger | - |
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Shriram Transport Finance Company Limited - employee data
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