Shriram Finance Ltd
NSE:SHRIRAMFIN
Income Statement
Earnings Waterfall
Shriram Finance Ltd
Revenue
|
344.2B
INR
|
Cost of Revenue
|
-150.7B
INR
|
Gross Profit
|
193.5B
INR
|
Operating Expenses
|
-58.5B
INR
|
Operating Income
|
135B
INR
|
Other Expenses
|
-68.6B
INR
|
Net Income
|
66.4B
INR
|
Income Statement
Shriram Finance Ltd
Dec-2009 | Mar-2010 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
42 703
N/A
|
44 028
+3%
|
15 243
-65%
|
30 539
+100%
|
46 034
+51%
|
61 787
+34%
|
62 539
+1%
|
64 325
+3%
|
66 827
+4%
|
70 262
+5%
|
74 560
+6%
|
78 482
+5%
|
82 453
+5%
|
84 760
+3%
|
85 961
+1%
|
87 561
+2%
|
89 051
+2%
|
91 771
+3%
|
37 293
-59%
|
76 673
+106%
|
116 584
+52%
|
154 917
+33%
|
158 223
+2%
|
161 018
+2%
|
163 967
+2%
|
165 555
+1%
|
166 425
+1%
|
167 728
+1%
|
169 252
+1%
|
174 205
+3%
|
179 283
+3%
|
182 784
+2%
|
186 679
+2%
|
192 552
+3%
|
197 522
+3%
|
226 370
+15%
|
256 172
+13%
|
304 768
+19%
|
316 308
+4%
|
329 319
+4%
|
344 245
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(21)
|
0
|
(6 038)
|
(12 549)
|
(19 240)
|
(25 882)
|
(26 374)
|
(27 234)
|
(28 469)
|
(30 547)
|
(33 395)
|
(36 614)
|
(39 918)
|
(42 702)
|
(43 181)
|
(44 221)
|
(45 052)
|
(47 151)
|
(18 802)
|
(37 418)
|
(56 680)
|
(75 735)
|
(77 215)
|
(79 910)
|
(81 999)
|
(82 934)
|
(85 452)
|
(87 071)
|
(88 277)
|
(91 011)
|
(93 715)
|
(95 580)
|
(97 171)
|
(97 941)
|
(97 859)
|
(107 059)
|
(116 303)
|
(131 946)
|
(138 941)
|
(143 976)
|
(150 747)
|
|
Gross Profit |
42 682
N/A
|
44 028
+3%
|
9 206
-79%
|
17 991
+95%
|
26 795
+49%
|
35 907
+34%
|
36 166
+1%
|
37 091
+3%
|
38 358
+3%
|
39 714
+4%
|
41 164
+4%
|
41 868
+2%
|
42 535
+2%
|
42 058
-1%
|
42 780
+2%
|
43 340
+1%
|
43 999
+2%
|
44 620
+1%
|
18 491
-59%
|
39 255
+112%
|
59 903
+53%
|
79 182
+32%
|
81 007
+2%
|
81 107
+0%
|
81 969
+1%
|
82 621
+1%
|
80 973
-2%
|
80 657
0%
|
80 974
+0%
|
83 194
+3%
|
85 568
+3%
|
87 203
+2%
|
89 507
+3%
|
94 611
+6%
|
99 663
+5%
|
119 311
+20%
|
139 869
+17%
|
172 822
+24%
|
177 366
+3%
|
185 343
+4%
|
193 498
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(9 255)
|
(9 286)
|
(3 912)
|
(8 049)
|
(12 120)
|
(16 338)
|
(16 844)
|
(17 042)
|
(17 493)
|
(17 986)
|
(19 253)
|
(20 258)
|
(21 853)
|
(22 393)
|
(23 827)
|
(24 842)
|
(25 294)
|
(28 146)
|
(4 454)
|
(9 089)
|
(13 560)
|
(18 195)
|
(18 349)
|
(18 726)
|
(19 479)
|
(20 151)
|
(19 271)
|
(19 082)
|
(19 095)
|
(19 062)
|
(19 966)
|
(20 208)
|
(20 070)
|
(20 372)
|
(21 382)
|
(27 992)
|
(34 157)
|
(48 800)
|
(51 820)
|
(54 603)
|
(58 517)
|
|
Selling, General & Administrative |
(2 790)
|
(2 301)
|
(1 023)
|
(2 052)
|
(3 069)
|
(4 076)
|
(4 226)
|
(4 255)
|
(4 276)
|
(4 398)
|
(4 640)
|
(4 585)
|
(4 648)
|
(17 340)
|
(4 475)
|
(4 715)
|
(4 870)
|
(20 115)
|
(2 253)
|
(4 574)
|
(6 791)
|
(16 589)
|
(8 909)
|
(9 093)
|
(9 426)
|
(17 717)
|
(9 670)
|
(9 556)
|
(9 303)
|
(16 963)
|
(9 591)
|
(9 574)
|
(9 706)
|
(18 011)
|
(10 335)
|
(14 042)
|
(18 349)
|
(41 278)
|
(28 656)
|
(31 090)
|
(33 124)
|
|
Depreciation & Amortization |
(205)
|
(150)
|
(31)
|
(60)
|
(99)
|
(174)
|
(190)
|
(220)
|
(237)
|
(228)
|
(250)
|
(272)
|
(304)
|
(328)
|
(373)
|
(407)
|
(425)
|
(431)
|
(99)
|
(206)
|
(315)
|
(429)
|
(665)
|
(914)
|
(1 168)
|
(1 410)
|
(1 436)
|
(1 400)
|
(1 405)
|
(1 373)
|
(1 341)
|
(1 355)
|
(1 334)
|
(1 353)
|
(1 376)
|
(1 609)
|
(1 867)
|
(6 006)
|
(6 796)
|
(7 643)
|
(8 556)
|
|
Other Operating Expenses |
(6 260)
|
(6 835)
|
(2 858)
|
(5 936)
|
(8 952)
|
(12 088)
|
(12 428)
|
(12 567)
|
(12 980)
|
(13 361)
|
(14 364)
|
(15 402)
|
(16 901)
|
(4 726)
|
(18 978)
|
(19 721)
|
(20 001)
|
(7 599)
|
(2 103)
|
(4 311)
|
(6 456)
|
(1 178)
|
(8 776)
|
(8 719)
|
(8 886)
|
(1 023)
|
(8 166)
|
(8 128)
|
(8 388)
|
(726)
|
(9 034)
|
(9 281)
|
(9 030)
|
(1 008)
|
(9 671)
|
(12 341)
|
(13 942)
|
(1 516)
|
(16 369)
|
(15 870)
|
(16 837)
|
|
Operating Income |
33 428
N/A
|
34 744
+4%
|
5 294
-85%
|
9 943
+88%
|
14 676
+48%
|
19 569
+33%
|
19 322
-1%
|
20 049
+4%
|
20 865
+4%
|
21 728
+4%
|
21 911
+1%
|
21 610
-1%
|
20 683
-4%
|
19 665
-5%
|
18 956
-4%
|
18 500
-2%
|
18 706
+1%
|
16 474
-12%
|
14 037
-15%
|
30 166
+115%
|
46 344
+54%
|
60 987
+32%
|
62 659
+3%
|
62 383
0%
|
62 491
+0%
|
62 470
0%
|
61 704
-1%
|
61 575
0%
|
61 879
+0%
|
64 132
+4%
|
65 600
+2%
|
66 995
+2%
|
69 436
+4%
|
74 239
+7%
|
78 280
+5%
|
91 318
+17%
|
105 711
+16%
|
124 022
+17%
|
125 546
+1%
|
130 739
+4%
|
134 981
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(22 002)
|
(22 467)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
416
|
(26)
|
(26)
|
(26)
|
(279)
|
(5)
|
(5)
|
(5)
|
(303)
|
0
|
0
|
0
|
(318)
|
0
|
0
|
(96)
|
(351)
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
(5 227)
|
(12 063)
|
(18 425)
|
(23 823)
|
(24 208)
|
(23 979)
|
(22 061)
|
(27 949)
|
(32 984)
|
(32 932)
|
(35 235)
|
(31 184)
|
(34 934)
|
(35 141)
|
(38 237)
|
(38 609)
|
(32 265)
|
(34 524)
|
(33 868)
|
(41 691)
|
(38 943)
|
(41 323)
|
(44 727)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
31
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
|
Total Other Income |
45
|
969
|
2
|
1
|
3
|
8
|
8
|
10
|
10
|
(102)
|
(102)
|
(71)
|
(71)
|
11
|
43
|
20
|
29
|
25
|
21
|
119
|
142
|
209
|
344
|
269
|
268
|
133
|
163
|
175
|
201
|
142
|
156
|
171
|
168
|
189
|
200
|
256
|
224
|
167
|
306
|
293
|
426
|
|
Pre-Tax Income |
11 470
N/A
|
13 245
+15%
|
5 295
-60%
|
9 943
+88%
|
14 677
+48%
|
19 575
+33%
|
19 329
-1%
|
20 058
+4%
|
20 875
+4%
|
21 626
+4%
|
21 809
+1%
|
21 539
-1%
|
20 611
-4%
|
19 705
-4%
|
18 998
-4%
|
18 519
-3%
|
18 735
+1%
|
16 496
-12%
|
8 830
-46%
|
18 220
+106%
|
28 059
+54%
|
37 783
+35%
|
38 768
+3%
|
38 647
0%
|
40 671
+5%
|
34 387
-15%
|
28 877
-16%
|
28 812
0%
|
26 839
-7%
|
32 780
+22%
|
30 821
-6%
|
32 024
+4%
|
31 367
-2%
|
35 493
+13%
|
46 215
+30%
|
57 050
+23%
|
71 972
+26%
|
82 137
+14%
|
86 910
+6%
|
89 710
+3%
|
90 681
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3 845)
|
(4 515)
|
(1 765)
|
(3 286)
|
(4 876)
|
(6 488)
|
(6 351)
|
(6 581)
|
(6 787)
|
(6 987)
|
(6 929)
|
(6 766)
|
(6 345)
|
(6 125)
|
(5 953)
|
(5 892)
|
(6 143)
|
(6 211)
|
(3 101)
|
(6 396)
|
(9 881)
|
(12 143)
|
(12 515)
|
(12 515)
|
(12 102)
|
(9 157)
|
(8 586)
|
(7 650)
|
(7 191)
|
(7 908)
|
(7 451)
|
(7 786)
|
(7 600)
|
(8 413)
|
(11 182)
|
(13 971)
|
(17 697)
|
(22 023)
|
(23 187)
|
(23 853)
|
(24 102)
|
|
Income from Continuing Operations |
7 625
|
8 730
|
3 530
|
6 657
|
9 801
|
13 088
|
12 979
|
13 478
|
14 089
|
14 639
|
14 881
|
14 774
|
14 268
|
13 579
|
13 046
|
12 627
|
12 591
|
10 284
|
5 729
|
11 825
|
18 180
|
25 640
|
26 255
|
26 133
|
28 570
|
25 230
|
20 292
|
21 164
|
19 649
|
24 873
|
23 371
|
24 237
|
23 766
|
27 079
|
35 032
|
43 079
|
54 274
|
60 115
|
63 722
|
65 856
|
66 578
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(24)
|
(52)
|
(90)
|
(151)
|
(185)
|
(230)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
(2)
|
(5)
|
(5)
|
(4)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
25
|
56
|
87
|
117
|
0
|
93
|
92
|
104
|
64
|
76
|
109
|
116
|
123
|
108
|
99
|
132
|
147
|
145
|
106
|
86
|
84
|
83
|
80
|
|
Net Income (Common) |
7 625
N/A
|
8 729
+14%
|
3 530
-60%
|
6 657
+89%
|
9 801
+47%
|
13 089
+34%
|
12 980
-1%
|
13 479
+4%
|
14 088
+5%
|
14 634
+4%
|
14 876
+2%
|
14 769
-1%
|
14 265
-3%
|
13 579
-5%
|
13 046
-4%
|
12 627
-3%
|
12 591
0%
|
10 284
-18%
|
5 754
-44%
|
11 881
+106%
|
18 267
+54%
|
25 757
+41%
|
26 346
+2%
|
27 902
+6%
|
30 338
+9%
|
25 123
-17%
|
21 942
-13%
|
21 148
-4%
|
19 666
-7%
|
24 988
+27%
|
23 494
-6%
|
24 346
+4%
|
23 866
-2%
|
27 211
+14%
|
35 178
+29%
|
43 198
+23%
|
54 327
+26%
|
60 110
+11%
|
63 654
+6%
|
65 754
+3%
|
66 428
+1%
|
|
EPS (Diluted) |
34.65
N/A
|
37.95
+10%
|
15.21
-60%
|
28.32
+86%
|
42.24
+49%
|
56.41
+34%
|
55.7
-1%
|
58.09
+4%
|
60.46
+4%
|
62.53
+3%
|
63.86
+2%
|
63.38
-1%
|
61.22
-3%
|
58.27
-5%
|
55.99
-4%
|
54.19
-3%
|
54.03
0%
|
44.13
-18%
|
24.71
-44%
|
50.99
+106%
|
78.39
+54%
|
110.54
+41%
|
113.07
+2%
|
119.75
+6%
|
130.2
+9%
|
107.82
-17%
|
94.17
-13%
|
85.96
-9%
|
79.94
-7%
|
101.57
+27%
|
91.77
-10%
|
90.5
-1%
|
89.05
-2%
|
102.29
+15%
|
129.8
+27%
|
114.88
-11%
|
145.25
+26%
|
159.83
+10%
|
169.24
+6%
|
174.68
+3%
|
176.44
+1%
|