SHRIRAMFINFinancial Services

Shriram Finance Limited

Non Banking Financial Company (NBFC) · ISIN INE721A01047 · BSE 511218 · NSE EQ · FV ₹2
Last price
₹995
+1.63%today
What this company does

Shriram Finance Limited operates in Non Banking Financial Company (NBFC), part of the Financial Services sector. It booked ₹13,400 cr of revenue in its latest quarter (Q1 FY27) and kept 25.8% of sales as profit. It is the 2nd largest of 9 Non Banking Financial Company (NBFC) companies we track, by market value.

55out of 100
Equitytale Health Score
Mixed

Healthier than 55% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 95–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
35

At close. Not part of the score.

Profitability & returns77

How much profit it earns on the money it employs

Cash quality20

Whether reported profit actually arrives as cash

Growth & consistency63

Whether sales and profit have grown, and how steadily

Valuation2

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 26% net margin
Sales up 16% vs last year
Profit up 60% vs last year
No promoter shares pledged
Strong 21% return on equity
Watch-outs
! Carries high debt (D/E 1.9)
! Operating cash flow is negative

What if I invest in SHRIRAMFIN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹995 +1.63%
latest close · 2026-09-17
52-wk low ₹97342 sessions so far52-wk high ₹1,154
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio16.7Average
LowAverageHigh
P/B ratio3.55High
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity21.0%Strong
WeakFairStrong ▸15%
Net margin25.8%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.91High
LowModerateHigh ▸1
More figures
Market cap
₹2.34 L cr
Book value
₹280
EPS
₹14.86
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
4.3%
Earnings yield
5.97%
P/S
4.37
Sales / share
₹227.8
Tax rate
25.5%
Face value
₹2
Shares
235.3 cr
Working capital
Current assets
Current liabilities
Delivery %
61.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹403 vs market price ₹995 — price is 147% above it
Safety cushion-146.9%(target ≥ +20%)
Models span ₹340₹466, midpoint ₹403
Model ₹403
Price ₹995
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹13,400 cr
Other Income₹18 cr
Total Income₹13,419 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹1,144 cr
Finance Costs₹5,204 cr
Depreciation & Amortisation₹183 cr
Other Expenses₹680 cr
Total Expenses₹8,793 cr
Profit before Tax₹4,626 cr
Tax Expense₹1,178 cr
Share of JV / Associates₹6 cr
Net Profit₹3,453 cr
Net margin on total income25.7%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹1,144 cr8.5%
Finance costs₹5,204 cr38.8%
Depreciation & amortisation₹183 cr1.4%
Other expenses₹2,261 cr16.8%
Tax expense₹1,178 cr8.8%
Profit for the period₹3,453 cr25.7%
Total income ₹13,419 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue12,171 cr12,513 cr13,400 cr
Total income12,197 cr12,532 cr13,419 cr
Expenses8,833 cr8,615 cr8,793 cr
Profit before tax3,364 cr3,917 cr4,626 cr
Tax840 cr902 cr1,178 cr
Net profit (owners' share)2,530 cr3,021 cr3,453 cr
Net margin (owners' share, on revenue)20.8%24.1%25.8%
EPS (₹)13.4516.0614.86
YoY (latest quarter): total income +16.3% · net profit +59.9%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹3.21 L cr
Shareholder equity
₹65,919 cr
parent shareholders
Total debt
₹1.26 L cr
Cash
₹5,746 cr
Cash flow · H1 FY26
Operating
₹-4,198 cr
Investing
₹-160 cr
Financing
₹-3,623 cr
Peer comparison
Non Banking Financial Company (NBFC) · by market value
CompanyPriceMarket capP/E
Bajaj Finance Limited₹1,015₹6.31 L cr26.4
Shriram Finance Limitedthis company₹995₹2.34 L cr16.7
Cholamandalam Investment and Finance Company Limited₹1,765₹1.51 L cr22.7
Tata Capital Limited₹344₹1.45 L cr23.5
Muthoot Finance Limited₹2,770₹1.11 L cr9.9
L&T Finance Limited₹302₹75,742 cr21.0
SBI Cards and Payment Services Limited₹637₹60,613 cr22.8
HDB Financial Services Limited₹681₹56,586 cr18.0
Sundaram Finance Limited₹4,663₹51,398 cr20.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.09%
trailing 12 months
Dividend / share (TTM)
₹10.8
Last dividend
₹6
ex 3 Jul 2026
ActionDetailEx-date
Dividend₹6 / share3 Jul 2026
Dividend₹4.8 / share7 Nov 2025
Dividend₹3 / share11 Jul 2025
Dividend₹2.5 / share31 Jan 2025
Stock splitStock Split From Rs.10/- to Rs.2/-10 Jan 2025
Dividend₹22 / share7 Nov 2024
Who owns it · 2026-06-30
No pledge
Promoter
20.3%
FII / Foreign
54.8%
DII / Domestic
19.9%
Retail / others
5.0%
Promoter stake down 5.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtShriram Value Services Limited · Promoter Group59.80 L · ₹1426.8 cr28 Mar 24
SoldSanlam Life Insurance Limited · Promoter Group59.80 L · ₹1426.8 cr28 Mar 24
BoughtShriram Value Services Limited · Promoter Group77.78 L · ₹1796.7 cr22 Mar 24
Bulk / block deals
short · NSE27 Sep 26
short · NSE13 Sep 26
short · NSE21531 Aug 26
Stake changes
SoldGIC Private Limited (GIC) on account of Government of Singapore (GOS)→ 3.49% · 2.66 L9 Apr 26
SoldGIC Private Limited (GIC) on account of Government of the Monetary Authority of Singapore (MAS)→ 0.78%9 Apr 26
BoughtMUFG Bank, Ltd→ 20.02% · 47.11 cr8 Apr 26
Promoter pledges
PledgedMUFG Bank Ltd.49,500 · 0.00% held8 Apr 26
PledgedMUFG Bank Ltd.33.57 cr · 0.00% held8 Apr 26
PledgedMUFG Bank Ltd.13.38 cr · 0.00% held8 Apr 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 14 Jan 2026
See the official result
1
Issuance of Equity Shares by way of Preferential Issue on a Private Placement Basis
Backed by 98% of shareholders other than promotersneeded 75%
112.55 cr votes for, 2.45 cr against · 2% of mutual funds and other big investors said no
2
Approve special rights granted to the Investor in accordance with Regulation 31B of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Backed by 99% of shareholders other than promotersneeded 75%
114.08 cr votes for, 88.47 L against · 1% of mutual funds and other big investors said no
3
Approval for one-time, non-recurring and fixed amount to Shriram Ownership Trust, Promoter of the Company, for the non-compete and non-solicit obligations
Promoters had a personal stake in this
Backed by 92% of shareholders other than promotersneeded 50%
105.41 cr votes for, 9.24 cr against · 8% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

The named holders in this filing do not add up to the promoter total it states, so we are not presenting them as the promoter group.
Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹39,618 cr raised in Apr 2026 by selling shares to selected investors

As of Jun 2026, the company says it has spent 95% of what it set aside, leaving ₹2,167 cr still to be spent. CRISIL Ratings Limited watches the spending on the exchange’s behalf.

Onward Lending Purpose
89%
₹17,833 cr of ₹20,000 cr
Retirement of Borrowings including interest
100%
₹15,000 cr of ₹15,000 cr
General Corporate Purposes
100%
₹4,618 cr of ₹4,618 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.