Shriram Finance Q4 FY23 Financial Overview
Strong Industry Potential - Commercial Vehicles
Market Potential (Rs. bn)
Trucks (mn)
*
3,845
27%
33%
6,890 bn
10.98 mn
840
40%
2,205
SFL TARGET SEGMENT
LARGEST ORGANIZED
PLAYER
SHRIRAM
Finance
Market for second hand truck financing is under penetrated with
55-60% of the market with private financiers / money lenders who
charge high interest rates
Stringent traffic regulations in major cities limiting movement of
higher tonnage vehicles
* Financing amount of Rs. 1,600 bn to be triggered through
replacement demand for 1.45 mn new as well as pre-owned trucks
*
*
Stricter emission norms and legislative pressure on banning trucks
> 15 years to trigger replacement demand
Freight capacity expected to grow at 1.25x GDP growth going
forward
■ 0-4 years 5-10 years
■ 10+ years
*
SFL to benefit from exponential growth for cargo LCV's with
increased penetration into rural areas
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