---
title: "Shriram City Union Finance Ltd(Merged) (SHRIRAMCIT) — Share Price, Financials & Analysis"
symbol: "SHRIRAMCIT"
company: "Shriram City Union Finance Ltd(Merged)"
canonical: "https://tapetide.com/stocks/SHRIRAMCIT"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T18:25:19.819Z"
---

# Shriram City Union Finance Ltd(Merged) (SHRIRAMCIT)

Canonical page: https://tapetide.com/stocks/SHRIRAMCIT

## Company

- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** shriramcity.in

## About

Shriram City Union Finance Ltd incorporated in 1986 is a deposit-accepting NBFC, Shriram City is a part of Shriram Group. Its primary line of business is MSMEs & two-wheeler financing. It also deals in Funding commercial vehicles, passenger vehicles, and home loans, loans against gold ornaments, and personal consumption. [1] [2]

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.48% over past five years.
- Company has a low return on equity of 13.6% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 23% | 5% | 15% |
| revenue growth | 22% | 5% | 8% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 1570 | 1546 | 1483 | 1508 | 1568 | 1595 | 1610 | 1708 | 1849 | 1894 | 2002 | 2155 |
| Expenses | 564 | 725 | 619 | 532 | 554 | 555 | 650 | 598 | 690 | 659 | 753 | 794 |
| Financing Profit | 441 | 227 | 283 | 408 | 439 | 423 | 316 | 424 | 440 | 471 | 493 | 533 |
| Financing Margin % | 28 | 15 | 19 | 27 | 28 | 27 | 20 | 25 | 24 | 25 | 25 | 25 |
| Other Income | 1 | 2 | 4 | 4 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest | 565 | 594 | 581 | 568 | 575 | 617 | 644 | 686 | 719 | 764 | 756 | 828 |
| Depreciation | 23 | 22 | 22 | 22 | 22 | 21 | 21 | 22 | 22 | 21 | 21 | 22 |
| Profit before tax | 420 | 206 | 265 | 389 | 420 | 404 | 295 | 403 | 420 | 451 | 473 | 513 |
| Tax % | 24 | 27 | 25 | 29 | 27 | 26 | 25 | 25 | 25 | 27 | 25 | 25 |
| Net Profit | 317 | 151 | 198 | 275 | 306 | 298 | 220 | 302 | 315 | 327 | 354 | 385 |
| EPS in Rs | 47.37 | 22.47 | 29.86 | 41.12 | 45.46 | 44.7 | 33.08 | 45.15 | 46.87 | 48.68 | 52.44 | 56.71 |
| Gross NPA % | — | — | — | — | 6.46 | 6.37 | 6.91 | 6.86 | 7.3 | 6.31 | 6.11 | 5.93 |
| Net NPA % | — | — | — | — | 3.16 | 3.08 | 3.46 | 3.47 | 3.98 | 3.3 | 3.32 | 3.29 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 3273 | 3606 | 4002 | 4707 | 5437 | 6045 | 6233 | 6151 | 7073 | 7900 |
| Expenses | 1100 | 1360 | 1688 | 2119 | 2466 | 2343 | 2424 | 2239 | 2593 | 2896 |
| Financing Profit | 820 | 904 | 870 | 931 | 1180 | 1577 | 1490 | 1555 | 1650 | 1938 |
| Financing Margin % | 25 | 25 | 22 | 20 | 22 | 26 | 24 | 25 | 23 | 25 |
| Other Income | 6 | 6 | 17 | 2 | 2 | 2 | 6 | 10 | 4 | 5 |
| Interest | 1352 | 1343 | 1445 | 1657 | 1791 | 2125 | 2319 | 2357 | 2829 | 3067 |
| Depreciation | 30 | 44 | 38 | 36 | 35 | 34 | 90 | 87 | 86 | 86 |
| Profit before tax | 796 | 867 | 849 | 897 | 1146 | 1545 | 1406 | 1478 | 1569 | 1856 |
| Tax % | 33 | 34 | 34 | 35 | 35 | 35 | 27 | 27 | 26 | — |
| Net Profit | 535 | 575 | 559 | 585 | 749 | 1006 | 1033 | 1078 | 1165 | 1381 |
| EPS in Rs | 89.74 | 86.71 | 83.77 | 87.72 | 112.21 | 151.78 | 154.94 | 161.14 | 172.94 | 204.7 |
| Dividend Payout % | 11 | 17 | 18 | 17 | 16 | 14 | 4 | 20 | 21 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 59 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 67 | 67 |
| Reserves | 2940 | 4150 | 4583 | 5122 | 5668 | 6518 | 7358 | 8322 | 9212 | 10045 |
| Borrowing | 12049 | 12764 | 15262 | 18430 | 22878 | 24290 | 25095 | 28746 | 34541 | 37284 |
| Other Liabilities | 1519 | 1676 | 2163 | 2679 | 484 | 544 | 762 | 707 | 707 | 748 |
| Total Liabilities | 16568 | 18656 | 22073 | 26297 | 29096 | 31418 | 33280 | 37841 | 44526 | 48144 |
| Fixed Assets | 103 | 83 | 87 | 83 | 88 | 91 | 251 | 240 | 251 | 279 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 474 | 836 | 714 | 638 | 667 | 921 | 723 | 924 | 1309 | 1834 |
| Other Assets | 15991 | 17737 | 21272 | 25575 | 28340 | 30406 | 32306 | 36677 | 42965 | 46031 |
| Total Assets | 16568 | 18656 | 22073 | 26297 | 29096 | 31418 | 33280 | 37841 | 44526 | 48144 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1469 | -147 | -1242 | -1587 | -3697 | -3373 | -236 | 446 | -1951 | -3861 |
| Cash from Investing Activity | -184 | -82 | -208 | -108 | -63 | -17 | -352 | 259 | 72 | -134 |
| Cash from Financing Activity | 2463 | -365 | 666 | 1726 | 3775 | 3292 | 1245 | 540 | 3555 | 5348 |
| Net Cash Flow | 809 | -594 | -784 | 32 | 15 | -98 | 657 | 1245 | 1676 | 1353 |
| Free Cash Flow | -1531 | -181 | -1283 | -1614 | -3729 | -3413 | -274 | 418 | -1971 | -3889 |
| CFO/OP | -59 | 5 | -41 | -56 | -130 | -101 | 8 | 24 | -41 | -77 |

### Ratios

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 22 | 20 | 16 | 12 | 12 | 14 | 16 | 15 | 13 | 13 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 33.77% | 33.76% | 33.74% | 33.92% | 34.63% | 34.61% | 36.86% |
| FIIs | 21.85% | 25.36% | 25.57% | 27.37% | 28.47% | 28.16% | 26.95% |
| DIIs | 5.96% | 6.01% | 6.56% | 5.95% | 3.53% | 4.01% | 6.06% |
| Public | 38.42% | 34.87% | 34.13% | 32.76% | 33.36% | 33.22% | 30.13% |
| No. of Shareholders | 15051 | 13068 | 10941 | 8190 | 12860 | 23813 | 22900 |

### Quarterly

| Category | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 33.92% | 33.92% | 33.92% | 34.56% | 34.63% | 34.63% | 34.63% | 34.6% | 34.46% | 34.61% | 36.95% | 36.86% |
| FIIs | 27.44% | 27.37% | 26.79% | 47.4% | 27.96% | 28.47% | 28.29% | 28.76% | 28.18% | 28.16% | 25.04% | 26.95% |
| DIIs | 5.89% | 5.95% | 5.65% | 15.53% | 3.88% | 3.53% | 3.78% | 3.84% | 4.08% | 4.01% | 4.56% | 6.06% |
| Public | 32.75% | 32.76% | 33.64% | 2.5% | 33.53% | 33.36% | 33.29% | 32.8% | 33.28% | 33.22% | 33.45% | 30.13% |
| No. of Shareholders | 8118 | 8190 | 14785 | 13108 | 13843 | 12860 | 16778 | 15828 | 29404 | 23813 | 21054 | 22900 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 18.31 | Sell |
| EMA (10) | 18.23 | Sell |
| SMA (20) | 18.38 | Sell |
| EMA (20) | 18.43 | Sell |
| SMA (50) | 19.1 | Sell |
| EMA (50) | 19.23 | Sell |
| SMA (100) | 20.86 | Sell |
| EMA (100) | 20.77 | Sell |
| SMA (200) | 23.8 | Sell |
| EMA (200) | 23.33 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.01 | Neutral |
| MACD (12,26,9) | -0.3 | Sell |
| Stochastic (14,3,3) | 10.14 | Buy |
| ADX (14) | 18.65 | Neutral |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 0.53 | High Volatility |
| ROC (12) | -3.84 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 34.98 | Neutral |

## Filings & Documents

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c234068-44a8-42d3-abd6-b08ce1b547ea.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2c234068-44a8-42d3-abd6-b08ce1b547ea.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4ef7424-b346-451e-9889-154dc05631e7.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50377393-29a4-4449-96ef-71529b6de31d.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d4ef7424-b346-451e-9889-154dc05631e7.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50377393-29a4-4449-96ef-71529b6de31d.pdf) |
| Oct 2018 | [Concall - Oct 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba47fea8-2197-4717-b866-362664ac591e.pdf) |
| Oct 2018 | [Concall - Oct 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/10/ba47fea8-2197-4717-b866-362664ac591e.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=48904400-1dbd-4f81-88c4-e106c8a11797.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/48904400-1dbd-4f81-88c4-e106c8a11797.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport//73352532498.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport//68764532498.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport//5324980320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport//5324980319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport//5324980318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport//5324980317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport//5324980316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport//5324980315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport//5324980314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport//5324980313.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:25:19.819Z.