Shriram Finance vs Cholamandalam Investment and Finance: Share Price, PE and ROE Compared

August 13, 2026
Posted by: Ankit Jaiswal
Category: Market

Shriram Finance MCap Rs 2,64,401 Cr, PE 23.36x, ROE 15.21%, Div 0.77%. Cholamandalam Investment MCap Rs 1,62,082 Cr, PE 28.18x, ROE 17.18%.

Quick Answer

Shriram Finance and Cholamandalam are India’s two largest listed NBFCs. Shriram at Rs 2.64 lakh Cr trades at PE 23.36x with ROE 15.21%, while Chola at Rs 1.62 lakh Cr trades at PE 28.18x with a slightly higher ROE of 17.18%. Both carry high D/E ratios typical of lending businesses. Neither pays a significant dividend.

The Shriram Finance vs Cholamandalam Investment and Finance question comes up often among investors who follow the Large NBFCs space in India. Shriram Finance MCap Rs 2,64,401 Cr, PE 23. 36x, ROE 15. This article goes through what each company does, their latest financial performance, and the key numbers that matter for anyone evaluating Shriram Finance vs Cholamandalam Investment and Finance as a research exercise.

All data cited here is sourced from publicly available company filings. Verify the latest prices and fundamentals on NSE or BSE before acting on any information.

Table of Contents

Shriram Finance vs Cholamandalam Investment and Finance: Company Overview and Market Presence

Shriram Finance operates in the Large NBFCs segment and is listed on Indian exchanges. Shriram Finance MCap Rs 2,64,401 Cr, PE 23 The company has built its market position over the years through its core offerings to customers across India.

Click Here – Get Free Investment Predictions

Cholamandalam Investment and Finance is the other side of this Shriram Finance vs Cholamandalam Investment and Finance comparison. 36x, ROE 15 It competes in the same Large NBFCs space, though its scale and strategy may differ significantly from Shriram Finance’s approach.

When investors look at the Shriram Finance vs Cholamandalam Investment and Finance pair, market capitalisation is usually the first filter. Shriram Finance MCap Rs 2,64,401 Cr, PE 23. 36x, ROE 15. The size difference, if any, tells you something about liquidity and institutional ownership patterns.

Shriram Finance vs Cholamandalam Investment and Finance: Business Mix and Revenue Sources

To understand the Shriram Finance vs Cholamandalam Investment and Finance comparison fully, you need to look at how each company makes money. Shriram Finance’s revenue comes from its core Large NBFCs operations. Shriram Finance earns from the Large NBFCs segment.

Cholamandalam Investment and Finance similarly derives its earnings from the Large NBFCs space. Cholamandalam Investment and Finance operates in the Large NBFCs space. The product or service mix of the two companies can be similar or quite different depending on which subsegments each one serves.

Shriram Finance vs Cholamandalam Investment and Finance: Financial Results and Key Ratios

This is where the Shriram Finance vs Cholamandalam Investment and Finance comparison gets concrete. Return on equity, price-to-earnings ratio and market capitalisation are three metrics that help frame the relative position of each stock.

Shriram Finance MCap Rs 2,64,401 Cr, PE 23 The profitability and efficiency ratios here reflect the latest available data from public filings.

36x, ROE 15 Both sets of numbers should be cross-checked against the latest quarterly reports from BSE or NSE before drawing any conclusions.

Compare Shriram Finance and Cholamandalam Investment and Finance on the Univest Screener

Shriram Finance vs Cholamandalam Investment and Finance: Valuation and What the Market Is Pricing In

Valuation is a core part of any Shriram Finance vs Cholamandalam Investment and Finance analysis. A high PE ratio can signal growth expectations or thin earnings. A low PE may indicate value or a business under stress. Neither is automatically good or bad without context.

Shriram Finance MCap Rs 2,64,401 Cr, PE 23.36x, ROE 15.21%, Div 0.77%. Cholamandalam Investment MCap Rs 1,62,082 Cr, PE 28.18x, ROE 17.18%. The Shriram Finance vs Cholamandalam Investment and Finance stock data above reflects figures sourced from publicly available data. Prices change daily, so treat this as a starting point for your own research rather than a definitive trading signal.

Dividend yield is another data point worth checking in the Shriram Finance vs Cholamandalam Investment and Finance pair. Some investors prioritise income alongside capital appreciation, and a consistent dividend track record can be a sign of earnings quality and management confidence in the cash flow.

Shriram Finance vs Cholamandalam Investment and Finance: Side-by-Side Comparison

The table below captures the most relevant metrics side by side for the Shriram Finance vs Cholamandalam Investment and Finance comparison.

Parameter	Shriram Finance	Cholamandalam Investment and Finance
Market Cap	Rs 2,64,401 Cr	Rs 1,62,082 Cr
PE Ratio	23.36x	28.18x
ROE	15.21%	17.18%
D/E	3.80	6.93
Div Yield	0.77%	0.11%

What Should Investors Know About the Shriram Finance vs Cholamandalam Investment and Finance Choice

Every Shriram Finance vs Cholamandalam Investment and Finance research exercise should go beyond just looking at the current share price. The sector outlook for Large NBFCs companies, the trajectory of earnings growth, debt levels and management quality all feed into a complete picture.

For the Shriram Finance vs Cholamandalam Investment and Finance pair specifically: Shriram Finance MCap Rs 2,64,401 Cr, PE 23. 36x, ROE 15. These numbers are a starting point. Investors should also look at the trend over four to eight quarters rather than just the latest standalone figure, since one strong quarter does not always reflect the underlying business quality.

If you are building a portfolio allocation decision around the Shriram Finance vs Cholamandalam Investment and Finance comparison, consider the risk profile of your overall portfolio first. Both companies operate in Large NBFCs, which carries its own sector-specific risks including regulatory changes, commodity cost pressure, competitive intensity and macroeconomic sensitivity.

Conclusion

The Shriram Finance vs Cholamandalam Investment and Finance comparison comes down to this: Shriram Finance and Cholamandalam Investment and Finance are both listed Indian companies in the Large NBFCs space, but they differ in scale, valuation, and financial profile. Shriram Finance MCap Rs 2,64,401 Cr, PE 23. 36x, ROE 15.

Shriram Finance MCap Rs 2,64,401 Cr, PE 23.36x, ROE 15.21%, Div 0.77%. Cholamandalam Investment MCap Rs 1,62,082 Cr, PE 28.18x, ROE 17.18%. Before taking any position in either stock, verify the latest fundamentals on NSE or BSE and consult a SEBI-registered investment advisor (registration number INH000013776).

Download the Univest iOS App or Univest Android App to track Shriram Finance and Cholamandalam Investment and Finance live and get analyst-backed stock recommendations every day.

Disclaimer: Data and figures in this article are sourced from publicly available information and may not be fully accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice from Univest (SEBI RA INH000013776).

Frequently Asked Questions

What does Shriram Finance do?

Ans. Shriram Finance is one of India’s largest retail NBFCs focused on commercial vehicle loans, personal loans and working capital credit.

What does Cholamandalam Investment and Finance do?

Ans. Cholamandalam Investment and Finance, part of the Murugappa Group, offers vehicle finance, home loans and SME lending.

Which is larger in the Shriram Finance vs Cholamandalam Investment and Finance comparison?

Ans. Shriram Finance at Rs 2,64,401 Cr market cap is larger. Cholamandalam stands at Rs 1,62,082 Cr as per latest publicly available data data.

How do the valuations compare in Shriram Finance vs Cholamandalam Investment and Finance?

Ans. Shriram Finance trades at PE 23.36x and Cholamandalam at PE 28.18x. Cholamandalam has a marginally higher ROE of 17.18% versus Shriram’s 15.21%.

What is the ROE of Shriram Finance?

Ans. Shriram Finance ROE is 15.21% based on latest available data. Verify from NSE or BSE.

Does Cholamandalam Investment and Finance pay dividends?

Ans. Cholamandalam offers a dividend yield of 0.11% based on current data, which is modest.

How should I evaluate large NBFC stocks?

Ans. For NBFC stocks, track net interest margins, gross NPA ratios, capital adequacy and credit costs across economic cycles.

News

Author: Ankit Jaiswal

Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.