Our Journey

Our journey has seen us making several innovations while we stood at the very edge of Organized Finance. The Banks and Institutions were guided by the Economists' vision; the Small Truck Owner who always fell on their blind side was given the miss.

With a track record of about 37 years in this business, we are among the leading organized finance provider for the commercial vehicle industry with a focus to provide various credit facilities to STOs. We have also added passenger commercial vehicles, multi-utility vehicles, three wheelers, tractors and construction equipment to our portfolio, making us a diversified, end to end provider of finance solutions to the domestic road logistics industry. Besides financing commercial vehicles (both new and pre-owned) we also extend finance for tyres, engine replacement and working capital. We also provide ancillary services such as freight bill discounting besides offering co-branded credit cards.

Our pan-India presence through our widespread network of branches has helped in our overall growth over the years. As on March 31, 2016 we had 853 branches, 803 rural centres and tie up over 500 private financiers across the country. As on March 31, 2016 our total employee strength was 19,170, including more than 12,177 product executives and credit executives who are colloquially referred to as our field force.

We have demonstrated consistent growth in our business and profitability. Our assets under management have grown by a compounded annual growth rate (CAGR) of 15.98% from Rs. 40,218 crores in FY 2012 to Rs. 72,761 crores. in FY 2016. Our total income and profit after tax in FY 2016 are Rs.10,245 crores and Rs. 1,178 crores respectively.

Today we have approximately 20-25% market share in pre-owned and approximately 7-8% market share in new truck financing, with more than 13,00,000 customers.


STFC was set up with the objective of offering the common man a host of products and services that would be helpful to him on his path to prosperity. Over the decades, the company has achieved significant success in reaching this objective, and has created a tremendous sense of loyalty amongst its customers.

Our Subsidaries

Shriram Automall India Limited (SAMIL)

Millions of commercial vehicles both small and medium size, 200 000 agricultural equipments and an equal number of construction equipments are yearly getting added in our country. These equipments are bound to age over a period of time and changes hands from the first to the second and the third owner during its lifetime. There are no clear studies done to suggest the value of this industry but industry experts estimate the value of used vehicle and equipment business (commercial vehicles, agri and construction equipments) at Rs.75 000 Crores annually, which is probably the size of the new vehicle business in the country today.

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