After acquiring Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL) through NCLT, the National Asset Reconstruction Company Ltd (NARCL) is expected to retain only SIFL, and SEFL will be wound up after recovering its outstanding debt. NARCL has received approval from the Kolk…

NARCL likely to wind up Srei group’s equipment finance arm; retain SIFL for business continuity

SREI Infra Consolidated March 2023 Net Sales at Rs 247.81 crore, down 67.97% Y-o-Y

SREI Infra Standalone March 2023 Net Sales at Rs 5.06 crore, down 28.53% Y-o-Y

National Asset Reconstruction Co Ltd (NARCL) aims to acquire ₹30,000 crore of Srei Equipment Finance and Srei Infrastructure Finance loans this fiscal year, despite missing its target of acquiring loans worth ₹50,000 crore in FY23. In FY24, the bad bank will also acquire ₹600 crore offered to Rolta …

NARCL to step up acquisitions of distressed assets in FY24

Fair-trade regulator CCI on Thursday said it has approved the acquisition of SREI Infrastructure Finance by National Asset Reconstruction Company Ltd and India Debt Resolution Company Ltd.

CCI approves SREI Infrastructure Finance’s acquisition by NARCL, IDRCL

The Competition Commission of India (CCI) has approved the acquisition of Srei Infrastructure Finance by National Asset Reconstruction Company (NARCL) and India Debt Resolution Company (IDRCL) under the green channel route. NARCL submitted a resolution plan to acquire the majority of the equity shar…

CCI approves SREI Infra Finance’s acquisition by NARCL, IDRCL

SREI Infra Consolidated December 2022 Net Sales at Rs 240.91 crore, down 71.13% Y-o-Y

Public sector asset reconstruction company NARCL is likely to revive Srei Infrastructure Finance Ltd (SIFL) and wind up the group’s equipment financing arm SEFL after recovering outstanding debt in seven years, a source said on Sunday.

NARCL may revive Srei’s group’s infra financing arm SIFL, wind up SEFL

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Srei Equipment Finance Ltd and Srei Infrastructure Finance Ltd are currently undergoing insolvency proceedings in NCLT. The RBI has already superseded the respective boards earlier.

Srei insolvency: Kanorias’ offer to pay off dues rejected under technical ground

SREI Infrastructure Finance reports consolidated net loss of Rs 3218.63 crore in the December 2022 quarter

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

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Default probability

Red flags

Srei Infrastructure Finance Limited is an infrastructure finance company engaged in the business of financing of companies or of providing infrastructural facilities.