Shriram City Union Finance

Shriram City's net profit rose 39.1% to INR 9,890 mil in 2018

By Helgi Library - October 15, 2019

Shriram City Union Finance made a net profit of INR 9,890 mil under revenues of INR 38,020 mil in 2018, up 39.1% and 8.78% respective...

Shriram City's npls (as % of loans) fell 2.89% to 9.13% in 2018

By Helgi Library - October 15, 2019

Shriram City Union Finance's non-performing loans reached 9.13% of total loans at the end of 2018, down from 9.41% compared to th...

Shriram City's capital adequacy ratio rose 8.19% to 23.1% in 2018

By Helgi Library - October 15, 2019

Shriram City Union Finance's capital adequacy ratio reached 23.1% at the end of 2018, up from 21.4% compared to the previous year...

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Shriram City's customer loan growth fell 62.3% to 7.25% in 2018

By Helgi Library - October 15, 2019

Shriram City Union Finance's customer loan growth reached 7.25% in 2018, down from 19.2% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 19.2% in 2017 and an all time low of 7.25% in 2018. In the last decad...

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Finance

Shriram City Union Finance has been growing its revenues and asset by 15.4% and 12.5% a year on average in the last 3 years. Its loans and deposits have grown by 14.8% and 16.1% a year during that time and loans to deposits ratio reached 131% at the end of 2018. The company achieved an average return on equity of 13.9% in the last three years with net profit growing 23.1% a year on average. In terms of operating efficiency, its cost to income ratio reached 39.5% in 2018, compared to 39.4% average in the last three years.

Equity represented 20.3% of total assets or 21.6% of loans at the end of 2018. Shriram City Union Finance's non-performing loans were 9.13% of total loans while provisions covered some 74.7% of NPLs at the end of 2018.