Shriram-City Union Finance (Delisted) share price

BSE: 532498Finance

Shriram-City Union Finance Ltd. · Face value ₹10 · Listed Jul 2003

Last traded ₹1,921.80 on 28 Nov 2022

Delisted on 29 Mar 2023.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

Share price history

Daily closes since Jan 2007, BSE closes Jan 2007 to Jul 2007, Jul 2007 to Feb 2008, Feb 2008 to May 2008 and May 2008 to Jul 2010, adjusted for splits and bonuses

Daily close, ₹ per share

Dividend

Results for the quarter to Sep 2022

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Income from operations
₹1,963 Cr+6.6% on the quarter before
Net profit
₹349 Cr+8.2% on the quarter before
Earnings per share
₹52.31+8.0% on the quarter before
Net interest income
₹1,154 Cr
Profit before provisions
₹477 Cr

From interest earned to net profit, ₹ crore

  1. Interest earned1,887
  2. Interest paid−733
  3. Net interest income1,154
  4. Other income+77
  5. Operating expenses−754
  6. Before provisions477
  7. Set aside for bad loans−11
  8. Profit before tax466
  9. Tax−116
  10. Net profit349

Shriram-City Union Finance results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2022. Results for the quarter to Dec 2022 were due by 14 Feb 2023, 45 days after it ends. Every company's dates are on the results calendar.

Income from operations and net profit by quarter, ₹ crore

  • Income from operations
  • Net profit
Dec 191,450153Mar 20Jun 20Sep 20Dec 20Mar 21Jun 21Sep 21Dec 21Mar 221,842323Jun 221,963349Sep 22

Net interest income and money set aside for bad loans by quarter, ₹ crore

  • Net interest income
  • Set aside for bad loans
Dec 19852118Mar 20Jun 20Sep 20Dec 20Mar 21Jun 21Sep 21Dec 21Mar 221,06910Jun 221,15411Sep 22
₹ croreDec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021Jun 2021Q1Sep 2021Dec 2021Q3Mar 2022Jun 2022Q1Sep 2022
Income from operations1,3381,2431,4021,5151,4401,437–––1,450––––––––1,8421,963
Interest earned–––––––––1,399––––––––1,7501,887
Interest paid–––––––––546––––––––681733
Net interest income–––––––––852––––––––1,0691,154
–––––––––51––––––––9277
Fees and commission–––––––––9––––––––447
Gains on fair value changes–––––––––10––––––––125
Dividends–––––––––0––––––––10
Other operating revenue–––––––––32––––––––4644
Income outside operations–––––––––1––––––––11
The lines under it are parts of it, not all of it.–––––––––583––––––––720754
Profit before provisions–––––––––321––––––––442477
Set aside for bad loans–––––––––118––––––––1011
Exceptional items–––––––––0––––––––00
Profit before tax34076353374403391–––203––––––––431466
11529124124144140–––50––––––––109116
Net profit22647230249259251–––153––––––––323349
Other comprehensive income––−1–−60–––−6––––––––−91
Total comprehensive income––228–253251–––147––––––––314350
Earnings per share₹34.18₹7.13₹34.80₹37.79₹39.22₹38.08–––₹23.19––––––––₹48.42₹52.31
Diluted earnings per share₹34.16₹7.13₹34.78₹37.76₹39.20₹38.07–––₹23.19––––––––₹47.92₹51.54
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Jun 2019, Sep 2019, Dec 2019, Jun 2020, Sep 2020, Dec 2020, Mar 2021, Jun 2021, Sep 2021, Dec 2021 and Mar 2022. A lender's lines are blank for the quarters to Dec 2017, Mar 2018, Jun 2018, Sep 2018, Dec 2018 and Mar 2019: the company's filing for those results has none of them.

10 years at a glance

Standalone, laid out as a lender that is not a bank files them. A lender's lines are blank for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017, Mar 2018 and Mar 2019: the company's filing for those results has none of them.

Net interest income, Net profit, ₹ crore

  • Net interest income
  • Net profit
241Mar 11343Mar 12450Mar 13521Mar 14558Mar 15530Mar 16556Mar 17665Mar 18989Mar 193,5571,001Mar 20

Income

₹ crore, years to March.

₹ croreMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Total income–––––––––5,887
Interest earned–––––––––5,697
Interest paid–––––––––2,140
Net interest income–––––––––3,557
–––––––––190
Fees and commission–––––––––14
Gains on fair value changes–––––––––2
Gains on loans sold–––––––––22
Dividends–––––––––2
Other operating revenue–––––––––147
Income outside operations–––––––––3
The lines under it are parts of it, not all of it.–––––––––2,274
Profit before provisions–––––––––1,473
Set aside for bad loans–––––––––118
Exceptional items–––––––––0
Profit before tax3615246667808418078541,0181,5201,355
120182216259283277298353531354
Net profit2413434505215585305566659891,001
Other comprehensive income––––––––−9−9
Total comprehensive income––––––––980992
Earnings per share₹48.78₹68.75₹85.61₹89.76₹86.18₹80.37₹84.34₹100.79₹149.88₹151.60
Diluted earnings per share₹47.97₹68.22₹83.00₹89.53₹86.03₹80.27₹84.24₹100.71₹149.83₹151.57

Balance sheet

₹ crore, at 31 March.

₹ croreMar 2019Mar 2020
Total assets–30,974
Loans given–26,613
Investments–734
Deposits–4,012
–19,154
Bonds and debentures–4,468
Subordinated debt–239
Loans–14,446
–7,208

Margins and returns

Per cent a year, on the average of the opening and closing balance sheets.

Per centMar 2020
Cost to income60.68%

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2022, after the latest full year: the cash flow over its six months.

₹ croreSep 2022Half year
Cash from operations−2,309
Capital spending22
Free cash flow−2,331
Cash from investing−5
Cash from financing1,655
Dividends paid0
Shares bought back0
Shares issued0
Net change in cash−659
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Filed 25 AprMar 2020
Earnings per share₹48.78₹68.75₹85.61₹89.76₹86.18₹80.37₹84.34₹100.79₹149.88₹151.60
Diluted earnings per share₹47.97₹68.22₹83.00₹89.53₹86.03₹80.27₹84.24₹100.71₹149.83₹151.57
Book value per share––––––––₹968.53₹1,092.11
Market cap at the year end (₹ crore)2,4883,1815,6856,52412,9529,90415,560–12,2094,939

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2020.

Measure10 years5 years3 years
Revenue growth, yearly rate18.6%11.1%9.9%
Profit growth, yearly rate17.8%12.4%21.6%
Return on equity, average––15.1%
Operating margin, average62.9%56.6%57.1%
Net margin, average15.6%14.7%15.7%
Asset turnover, average––0.20
Interest cover, average1.61.61.7

Where the return came from

Yearly rates to Mar 2020, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−59.5%+1.1%−60.0%0.0%
3 years−31.8%+21.6%−43.9%0.0%
5 years−17.6%+12.0%−26.4%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns Shriram-City Union Finance, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2021; the latest is the filing for Sep 2022.

Sep 2022 filing

  • Promoters36.86%
  • Foreign institutions26.95%
  • Indian institutions6.09%
  • Individuals and others30.10%
Per centSep 2021Dec 2021Mar 2022Jun 2022Sep 2022
34.60%34.46%34.61%36.95%36.86%
Indian promoters34.60%34.46%34.61%36.95%36.86%
65.40%65.54%65.39%63.05%63.14%
Shares in issue6,60,62,3346,63,28,7656,66,28,0166,66,99,0826,68,65,983
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Shriram-City Union Finance shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

15,828Sep 2129,404Dec 2123,813Mar 2221,054Jun 2222,900Sep 22
ShareholdersSep 2021Dec 2021Mar 2022Jun 2022Sep 2022
All shareholders15,82829,40423,81321,05422,900
22333
Indian promoters22333
15,82629,40223,81021,05122,897
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Shriram-City Union Finance promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2022; the largest is SHRIRAM CAPITAL LIMITED, 33.46%.

Holder
SHRIRAM CAPITAL LIMITEDIndian companies, trusts and others33.46%2,23,71,5940.00%
SHRIRAM VALUE SERVICES LIMITEDIndian companies, trusts and others2.67%17,86,4510.00%
SHRIRAM OWNERSHIP TRUSTIndian companies, trusts and others0.73%4,88,3830.00%
Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Shriram-City Union Finance, filing by filing

Per cent, on the same shares as the split above.

HolderSep 2021Dec 2021Mar 2022Jun 2022Sep 2022
DYNASTY ACQUISITION (FPI) LTDForeign companies20.32%20.24%20.14%20.12%16.73%
PIRAMAL ENTERPRISES LIMITEDCompanies9.96%9.92%9.88%9.86%9.84%
EAST BRIDGE CAPITAL MASTER FUND LIMITEDForeign portfolio investors, category I2.82%2.81%2.79%2.79%2.78%
ARKAIG ACQUISITION (FPI) LTDForeign portfolio investors, category II2.44%2.43%2.42%2.42%2.41%
EAST BRIDGE CAPITAL MASTER FUND I LTDForeign portfolio investors, category I2.44%2.43%2.42%2.42%2.41%
FIDELITY FUNDS - ASIAN SMALLER COMPANIES POOLForeign portfolio investors, category I––––1.70%
MATTHEWS INDIA FUNDForeign portfolio investors, category I1.67%1.66%1.65%1.65%1.65%
MATTHEWS EMERGING MARKETS SMALL COMPANIES FUNDForeign portfolio investors, category I–1.41%1.46%1.46%1.44%
ACACIA PARTNERS, LPForeign portfolio investors, category I1.32%1.30%1.30%1.30%1.29%
BANK MUSCAT INDIA FUNDForeign portfolio investors, category II1.28%1.27%1.27%1.27%1.26%
WF ASIAN RECONNAISSANCE FUND LIMITEDInstitutions Foreign Portfolio Investor2.42%2.41%2.34%––
WF ASIAN SMALLER COMPANIES FUND LIMITEDInstitutions Foreign Portfolio Investor2.30%2.29%2.22%––
MATTHEWS ASIA SMALL COMPANIES FUNDInstitutions Foreign Portfolio Investor1.42%––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Shriram-City Union Finance share price by year

Each calendar year to 2022.

YearClose at year endChangeHighest closeLowest close
20221,921.80+9.0%2,022.951,441.55
20211,762.95+66.0%2,554.15983.15
20201,061.90−24.3%1,465.30632.25
20191,402.20−11.8%1,850.201,302.85
20181,589.85−24.5%2,408.651,519.40
20172,106.90+16.1%2,549.801,805.05
20161,814.30+14.1%2,591.801,387.40
20151,590.00−18.1%2,144.701,529.45
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2022 close is its last trade, on 28 Nov 2022.

Recent sessions

The 10 trading days to 28 Nov 2022, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
28 Nov 20221,920.102,210.401,904.501,921.801,925.515,71,997
25 Nov 20221,956.001,990.051,912.051,922.051,938.452,91,788
24 Nov 20221,996.002,009.551,958.901,969.151,980.082,19,923
23 Nov 20222,022.952,046.001,978.051,992.652,005.105,02,614
22 Nov 20221,958.502,034.001,943.652,022.951,994.611,34,278
21 Nov 20221,897.401,960.001,877.001,950.901,935.941,77,816
18 Nov 20221,933.651,942.951,872.451,887.951,893.951,46,634
17 Nov 20221,859.001,954.951,858.951,924.001,924.411,99,342
16 Nov 20221,870.051,886.751,837.601,858.901,846.3939,015
15 Nov 20221,902.201,911.451,860.651,880.101,877.7942,261
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
532498
ISIN
INE722A01011
Industry
Finance
Former symbols
SHRIRAMCIT
CIN
L65191TN1986PLC012840
Corporate identity number, the registrar of companies' code for it
Incorporated
1986
Registered office
123, Angappa Naicken Street, Chennai 600001, Tamil Nadu
Share registrar
Integrated Registry Management Services Pvt. Ltd (Integrated Enterprises (India) Ltd)
Keeps the register of shareholders and handles transfers and dividend payments