Shriram Finance vs Muthoot Finance: share price, P/E, ROE and financials compared
Shriram Finance
Muthoot Finance
Shriram Finance and Muthoot Finance at a glance
Shriram Finance and Muthoot Finance are both listed in Financial Services. Shriram Finance is the larger by market cap, at ₹2.3L Cr against ₹1.2L Cr for Muthoot Finance (2.0 times as large). On valuation, Shriram Finance has the lower price-to-book (2.03× against 2.62×), while Muthoot Finance has the lower P/E (9.4× against 16.0×). On returns and margins, Muthoot Finance has the higher ROE (31.6% against 14.8%). Over three years, Muthoot Finance has faster 3-year profit growth (+43.1% against +18.6% a year). Both are lenders or insurers, so ROCE, operating margin and debt-to-equity aren’t compared: those ratios don’t fit financial balance sheets.
Key metrics, side by side
| Metric | Shriram FinanceSHRIRAMFIN | Muthoot FinanceMUTHOOTFIN |
|---|---|---|
| Price (₹) | 961.15 | 2,869.00 |
| Market cap (₹ Cr) | 2,26,167 | 1,15,181 |
| P/E | 16.0× | 9.4× (the lower figure, shaded) |
| P/B | 2.03× (the lower figure, shaded) | 2.62× |
| Dividend yield, trailing | 1.80% (the higher figure, shaded) | 1.05% |
| ROE | 14.8% | 31.6% (the higher figure, shaded) |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 51.9% | 54.1% (the higher figure, shaded) |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | +18.6% | +43.1% (the higher figure, shaded) |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 12,687 | 11,373 |
| 1Y return | +21.0% (the higher figure, shaded) | −11.0% |
| Promoter holding | 20.30% | 73.35% |
Shriram Finance vs Muthoot Finance: common questions
Which is bigger, Shriram Finance or Muthoot Finance?
By market cap, Shriram Finance is bigger at ₹2.3L Cr, against ₹1.2L Cr for Muthoot Finance (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹12,687 Cr for Shriram Finance and ₹11,373 Cr for Muthoot Finance.
Which has a lower P/E ratio, Shriram Finance or Muthoot Finance?
Shriram Finance trades at a P/E of 16.0× and Muthoot Finance at 9.4×. Muthoot Finance has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Shriram Finance or Muthoot Finance?
Shriram Finance reports a return on equity of 14.8% and Muthoot Finance 31.6%. Muthoot Finance has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Shriram Finance or Muthoot Finance?
Over the last three years: profit grew +18.6% a year at Shriram Finance and +43.1% at Muthoot Finance, so Muthoot Finance grew profit faster. Past growth doesn’t predict future growth.