NIKITA PATIL

SUBJECT NAME : INVESMENT BANKING

IPO : SHRIRAM TRANSPORT FINANCE CO}

SHRIRAM TRANSPORT FINANCE COMPANY LIMITED (STFC)

Market Leader in High-Yield Pre-Owned CV Financing Shriram Transport Finance Company Limited (STFC) is one of thelargest asset financing NBFC with approximately 2025%marketshare in pre-owned and approximately 7-8% market share in new truck financing Strategically present in high yield -pre-owned CV financing withexpertise in loan origination, valuation and collection Expanded product portfolio to include financing of tractors, smallcommercial vehicles, 3-wheelers, passenger commercial vehicles and construction equipments Large customer basein excess of 0.7 mn as of March 31, 2010 Employee strength of approximately 13,817 including 7,398product/credit executives as of March 31, 2010 Listed in NSE and BSE with a market capitalisation of over Rs. 120 bn

Date of Establishment Revenue Market Cap

1979 0 ( USD in Millions ) 162298.4598144 ( Rs. in Millions)

Financials

Total Income - Rs. 65635.899 Million ( year ending Mar 2013) Vivek Achwal Development Credit Bank, Jammu & Kashmir Bank, Ratnakar Bank, Shinhan Bank, South Indian Bank SR Batliboi & Co, GD Apte & Co, SR Batliboi & Co LLP

Company Secretary Bankers Auditors

COMPITOR PERFORMANCE

Company Shriram Trans. Fin Mah & Mah Finl. Serv L&T Finance Holdings Reliance Capital Indiabulls Fin Serv. Bajaj Finance Sundaram Finance Shriram City Union India Securities Muthoot Finance Chola. Invest & Fin. Edelweiss Financial Motilal Oswal Fin SKS Microfinance SREI Infra Fin
Manappuram Finance

Sales (Rs.Million) 65581.34 38567.22 1719.76 32220.00 29292.55 30937.20 20630.17 30714.73 53.40 45366.72 17653.82 1588.73 702.05 4357.01 11767.80 26155.48

Current Price 691.95 270.00 75.15 376.70 272.30 1392.20 545.00 982.05 56.25 93.60 243.00 30.00 82.00 106.65 20.75 10.28

Change (%)

P/E Ratio

Market Cap.(Rs.Million) 162298.46 159794.52 129621.60 93586.10 85096.79 69435.80 60379.39 55282.57 49263.54 35126.86 34841.73 23388.72 11988.12 11692.38 10413.89 8891.56

52-Week High/Low 842/536 288/130 97/42 508/297 346/179 1591/889 575/325 1230/630 57/55 246/87 308/180 46/28 138/74 199/78 52/19 46/10

-3.28 -3.90 -0.46 -1.13 0.00 -0.19 0.29 -1.55 0.00 -0.95 -0.16 -1.48 -0.73 -1.30 0.24 -2.74

11.93 18.10 41.64 14.14 10.41 11.74 14.72 12.30 0.00 3.50 11.37 49.99 30.94 0.00 10.97 4.27

PRODUCT OF THE COMPANY

Product Name

Year

Month

Sales Quantity

Sales Value(Rs.Million)

% of STO

Interest Income on - Loan Portfolio and Related Charges

2013

03

0.00

43272.61

0.00

Interest Income on - Securitisation and Direct Assignment

2013

03

0.00

18723.17

0.00

Other Financial Services - Profit on Sale of Current Investments

2013

03

0.00

1378.65

0.00

Interest Income on - Margin Money on Securitisation/Assignments

2013

03

0.00

1281.92

0.00

Interest Income on - Current Investments

2013

03

0.00

299.54

0.00

Interest Income on - Long Term Investments

2013

03

0.00

220.19

0.00

Interest Income on - Deposits With Banks

2013

03

0.00

157.64

0.00

Other Financial Services - Commission Services

2013

03

0.00

151.10

0.00

OPERATING REVENUE BREAK UP

EXTENSIVE DISTRIBUTION NETWORK

Pan-India presence through a network of 60 Strategic Business Units (SBUs) Partnership with over 500 Private Financiers

LARGE ASSETS UNDER MANAGEMENT

Total Assets Under Management (AUM) of Rs. 291.26 bn Pre-Owned CV: Approximately Rs. 221.6 bn New CV Approx Rs 69.7 bn

Strong brand name We believe that the "Shriram" brand is well established in commercial vehicle financing throughout India. We believe that we are the only financing company in the organized sector with particular focus on the pre-owned commercial vehicle financing segment to FTUs and SRTOs in India. Our targeted focus on and the otherwise fragmented nature of this market segment, our wides pread branch network, particularly in commercial vehicle hubs across India, as well as our large customer base has enabled us to build a strong brand. Our efficient credit approval procedures, credit delivery process and relationship-based loan administration and monitoring methodology have also aided in increasing customer loyalty and earn repeat business and customer referrals.

COMPANY DETAILS
Company details for Shriram Transport Finance Company Ltd. Card PE Ratios 11.32 EPS (Rs.) 59.97 Sales (Rs. Cr) 1,775.20 Face Value (Rs.) 10 Net Profit Margin (% 20.72 Last Bonus Last Dividend(%) 40 Return on Average Equity Report

FINANCIAL TRACK RECORD

STRENGTHS