46th Annual Report for the Financial Year 2024-25
Awaiting price reaction for this filing.
Shriram Finance has filed its 46th Annual Report for FY 2024-25 and the notice for its 46th AGM, scheduled for July 18, 2025 at 2:00 PM via video conferencing. The company reported strong financial performance with Assets Under Management growing 17.05% year-on-year to Rs. 2,63,190 crores and net profit rising to Rs. 9,761 crores (Rs. 8,272 crores excluding exceptional items). Asset quality improved with GNPA ratio falling to 4.55% from 5.45% and NNPA to 2.64% from 2.70%. Key agenda items include approval of a final dividend of Rs. 3 per share, confirmation of two interim dividends already paid, and special resolutions to raise borrowing limits from Rs. 2,35,000 crores to Rs. 2,95,000 crores and securitisation limits from Rs. 50,000 crores to Rs. 75,000 crores.
The annual report reveals robust business growth, improved asset quality, and meaningful shareholder returns through dividends. Shareholders should note the proposed special resolutions that would significantly expand the company's borrowing and securitisation capacity, signalling growth ambitions but also higher leverage. The stock trades at a market capitalisation of Rs. 1,23,400 crores and the company has a 5:1 share split already in effect to improve liquidity.