Shriram Transport Finance Company (SRTRANSFIN.NS)

Overall impact
B (65)

Commentary

Shriram Transport Finance Company is a strong overall performer. With a 'B' rating of 65.0 for overall impact (73rd percentile compared to all companies), Shriram Transport Finance Company ranks 32nd out of 131 industry peers, behind TD Holdings, China Lending, Manhattan Bridge Capital and 28 others, and ahead of Everi, Synchrony Financial, Firstcash and 96 others. On top material causes for Shriram Transport Finance Company's industry (Financial Services), Shriram Transport Finance Company performs well in Decent, Safe Work Opportunities (85.0 score), No Poverty (82.7) and Affordable, Safe Housing (95.4) and performs poorly in Free, Secure Flow of Information (36.3 score).
Impact
Cause SRTRANSFIN.NS
Peer rank
Overall impact

Log in to view this information

Impact trend

Change in rating for overall impact

Log in to view this information

Company
Employees
25,456
Sector
Financials
Industry
Consumer Finance
Sub-industry
Consumer Finance
SASB industry
Mortgage Financing
Headquarters
India
Share classes
SRTRANSFIN.NS
Description
Shriram Finance Limited, a non-banking finance company, primarily provides commercial vehicle financing services in India. It offers commercial vehicle loans for commercial goods vehicles, passenger vehicles, tractors and farm equipment, and construction equipment. The company also provides business loans; fixed and recurring deposits; and working capital loans, including tyre, tax, fuel, and toll finance, as well as vehicle insurance and repair/top-up loans. In addition, it offers challan discounting services; life and general insurance products; consumer finance services; emergency credit line guarantee schemes; stock broking services; and chit and mutual funds. As of March 31, 2022, it operated a network of 1,854 branches. The company also offers its products through 775 rural centers; and partnerships with 500 private financiers. It primarily serves first time buyers, driver-turned-owners, and small road transport operators. The company was formerly known as Shriram Transport Finance Company Limited and changed its name to Shriram Finance Limited in November 2022. Shriram Finance Limited was incorporated in 1979 and is headquartered in Mumbai, India.
Material causes
Ethos considers the following causes material for Shriram Transport Finance Company, based on its industry sub-industry Consumer Finance. Learn more about material causes in our methodology overview.

This information is subject to Ethos' Terms and Conditions, which you can find here.

This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

By browsing this site you agree to our use of cookies. Read more.
We use cookies on this site to enhance your user experience. By continuing to browse the site, you are agreeing to our use of cookies. Give me more info.