Shriram Finance

NSE: SHRIRAMFINBSE: 511218
Compare with peers
₹ 832.55▲ 8.95 (+1.09%)28 Oct, 03:28 pm IST
Market cap
₹ 2,04,004 Cr.
P/E
15.4x
P/B
2.57x
52-week range
710.25 – 1,153.7
ROE
16%
Dividend yield
1.2%
Debt / equity
3.81
Sector
Finance
Industry
Non Banking Financial Company (NBFC)
Listed on
NSE, BSE

About

Shriram Finance Limited is an India-based retail asset financing non-banking finance company (NBFC). The Company is a finance provider catering to the needs of small road transport operators and small business owners and is engaged in organized financing of pre-owned commercial vehicles and two- wheelers. It has a vertically integrated business model and offers various financing products, which include passenger commercial vehicles, loans to micro and small and medium enterprises (MSMEs), tractors and farm equipment, gold, personal loans and working capital loans. It operates in the areas of loan origination, valuation of pre-owned commercial vehicles and other assets, and collections. It has a presence in consumer finance, life insurance, general insurance, stockbroking, and distribution businesses.

Quick check

The five things to look at first. Open one for more.

Shriram Finance against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)15.4 against a typical 22.5: cheaper than most peers (1st = cheapest).106th of 284
  • Sales growth+15.8% against a typical +18.3% from a year earlier.140th of 259
  • Profit growth+59.2% against a typical +20.2% from a year earlier.70th of 214
  • Share price, 3 months−20.3% against a typical −4.2%.215th of 258
  • Size₹ 2,04,003.7 Cr. market value against a typical ₹ 43 Cr. (1st = largest).2nd of 269

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactPositivePrice −0.2% that day
    Strong Q2 with 59% profit jump on high NIM, but growth trimmed to 15-17% with temporary credit-cost rise.

    Shriram Finance published its Q2 FY27 earnings call transcript for the quarter ended September 2026. Disbursements grew 25.7% to Rs 54,079 cr, AUM grew 17% to Rs 3,29,022 cr, NII grew 38.2% to Rs 8,661 cr with NIM at 9.52%, and PAT grew 59.4% to Rs 3,677 cr. Management cut FY27 AUM growth guidance to 15-17% from 18% and said credit costs will stay 30-40 bps above the 2% norm for 1-2 quarters due to weak monsoon, with NIM settling to around 9% then 8.5%.

    Filing
  • 23 Oct 2026DividendHigh impactVery positivePrice −4% that day
    Q2 PAT jumped 59% on 38% NII growth and 17% AUM growth with Rs 6.5 interim dividend.

    Shriram Finance reported Q2 FY27 standalone PAT of Rs 3,677 crore, up 59.4% year-on-year, on net interest income of Rs 8,661 crore, up 38.2%. Total AUM grew 17% to Rs 329,022 crore with gross stage-3 at 4.65% and capital adequacy at 33.24%. The board declared an interim dividend of Rs 6.50 per share with record date October 29, 2026, and approved debt mobilisation including renewal of Rs 35,000 crore NCD limit.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Look closer

Rated AAA by ICRA
AAA
DefaultRiskyModerateSafeVery safe
  • CARE lowered its rating on 29 Apr 2026.
AgencyCurrent ratingOutlookAs of
CARECARE A- (SO)—1 Oct 2026
ICRA[ICRA]AAAStable3 Sep 2026
India RatingsWithdrawnStable10 Apr 2026
CRISILWithdrawnStable9 Apr 2026
Credit rating actions
RatingDetails
1 Oct 2026
Reaffirmed
CARE A- (SO)—CARE₹ 251.06 Cr.
22 Sep 2026
New rating
Provisional CARE AAA (SO)—CARE₹ 1,470.41 Cr.
3 Sep 2026
New rating
[ICRA]AAA—ICRA₹ 5,000 Cr.
26 Aug 2026
Reaffirmed
CARE A (SO)—CARE₹ 746.84 Cr.
18 Jun 2026
Reaffirmed
CARE A (SO)—CARE₹ 491.98 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
23 Oct 2026Financial Results/Dividend/Fund Raising/Other business mattersTo consider and approve:1. Unaudited Standalone and Consolidated Financial Results for the second quarter and half-year ended September 30, 2026.2. Declaration of interim dividend for the Financial Year 2026-27, if any. 3. Periodical resource mobilisation plan for issuance of debt securities viz. redeemable non-convertible debentures ( NCDs )/ subordinated debentures, bonds/ notes on private placement basis and/or public issue in tranches or any other methods of borrowing in onshore/offshore market for the purpose of business of the Company. 4. Notice of Postal Ballot for seeking shareholders approval for raising of funds by way of issue of redeemable non-convertible debt securities on private placement basis for purpose of business of the Company.
24 Jul 2026Financial Results/Fund Raising/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026, Fund Raising and other business matters
24 Apr 2026Financial Results/Dividend/Fund Raising/Other business mattersTo consider and approve1. Audited Standalone and Consolidated Financial Results of the Company for the fourth quarter and financial year ended March 31, 2026.2. Recommendation of final dividend, if any, for the financial year ended March 31, 2026.3. Resource mobilisation plan for the financial year 2026-27 for issuance of debt securities viz. redeemable non-convertible debentures ( NCDs )/ subordinated debentures on private placement basis and/or public issue in tranches, External Commercial Borrowings including bonds/notes, securitisation and any other methods of borrowing in onshore/offshore market for the purpose of business of the Company. 4. Matters relating to the ensuring 47th Annual General Meeting of the Company.
23 Jan 2026Financial Results/Fund Raising/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025, Fund Raising and other business matters
19 Dec 2025Fund Raising/Other business mattersTo consider Fund Raising and other business matters
31 Oct 2025Financial Results/Dividend/Fund Raising/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025, dividend, Fund Raising and other business matters

Share price

1Y change +15.7%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue8,9229,4849,60510,09010,69811,45411,53611,91212,17112,51313,40013,792
Interest3,7073,9884,1294,3504,7515,2245,4015,5255,2595,3365,2044,965
Expenses2,6342,7122,6612,8363,0333,2933,0623,1093,3973,1043,4063,725
Financing Profit2,5812,7832,8152,9032,9142,9373,0733,2793,5144,0734,7905,103
Financing Margin %29%29%29%29%27%26%27%28%29%33%36%37%
Other Income598754861,5746692618189
Depreciation147153153159162171173174177175183180
Profit before tax2,4942,7172,7152,8304,3262,7722,9063,1133,3633,9174,6264,932
Tax %25%26%25%24%25%23%26%26%25%23%25%25%
Net Profit1,8742,0212,0312,1533,2492,1442,1592,3142,5303,0213,4533,684
EPS in Rs9.9410.6910.7611.3917.2711.411.4812.313.4516.0614.6715.66

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
17%
5 Years
23%
3 Years
16%
TTM
14%
Compounded Profit Growth
10 Years
24%
5 Years
32%
3 Years
19%
TTM
45%
Stock Price CAGR
10 Years
15%
5 Years
23%
3 Years
29%
TTM
—
Return on Equity
10 Years
16%
5 Years
16%
3 Years
16%
TTM
—

Shareholding

Latest: Sep 2026.

Promoters
20.3%
−5.09 pts in a year
FIIs
55.65%
+6.04 pts in a year
DIIs
19.01%
+0.36 pts in a year
Public
5.03%
−1.31 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 15.4xEPS (12 months) ₹ 59.83Median P/E 14.2x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Shriram Finance₹ 832.55₹ 2,04,004 Cr.15.4x2.6x16%—
Bajaj Finance₹ 927.00₹ 5,77,146 Cr.25x5.8x18.1%23.7%
Jio Financial Services₹ 205.00₹ 1,35,364 Cr.95.5x1.2x—49.8%
Tata Capital₹ 307.05₹ 1,30,358 Cr.20.5x3.3x12.3%16%
Power Finance Corporation₹ 316.00₹ 1,04,283 Cr.5.4x1x20.7%29.1%
Muthoot Finance₹ 2,366.00₹ 94,987 Cr.10.6x3.1x30.9%34.3%

Management

Yalamati Srinivasa Chakravarti
Chief Executive Officer, Managing Director, Executive Director
Umesh Govind Revankar
Executive Vice Chairman of the Board
Parag Sharma
Chief Financial Officer, Joint Managing Director, Whole-Time Executive Director
R. Chandrasekar
Joint Managing Director, Chief Compliance Officer
U. Balasundara Rao
Compliance Officer, Company Secretary
Hardeep Singh Tur
Chief Risk Officer
S. Sunder
Joint Managing Director
Sanjay K. Mundra
Executive Director - Investor Relations

Prices are delayed and for information only. Nothing on this page is investment advice.