MarketFriction

Shriram Finance Ltd

NSE SHRIRAMFIN · BSE 511218 · Non Banking Financial Company (NBFC)
₹945.00 -3.84%
NSE close2026-10-01
52 week range611.15 - 1,153.70
Market cap₹2,28,598 Cr.
P/E20.2
Nifty 50Nifty 100Nifty 200Nifty 500Nifty Financial Services No price band Delivery 63.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue8,5558,9229,4849,60510,09010,69811,45411,53611,91212,17112,51313,400
Interest3,6223,7073,9884,1294,3504,7515,2245,4015,5255,2595,3365,204
Expenses2,4542,6342,7122,6612,8363,0333,2933,0623,1093,3973,1043,406
Financing Profit2,4802,5812,7832,8152,9032,9142,9373,0733,2793,5144,0734,790
Financing Margin %29%29%29%29%29%27%26%27%28%29%33%36%
Other Income47598754861,574669261818
Depreciation137147153153159162171173174177175183
Profit before tax2,3912,4942,7172,7152,8304,3262,7722,9063,1133,3633,9174,626
Tax %25%25%26%25%24%25%23%26%26%25%23%25%
Net Profit1,7921,8742,0212,0312,1533,2492,1442,1592,3142,5303,0213,453
EPS in Rs9.529.9410.6910.7611.3917.2711.4011.4812.3013.4516.0614.67
Gross NPA %
Net NPA %
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue10,35910,90313,50215,53616,56117,42219,25530,49236,38843,94148,13549,997
Interest5,0885,2196,4097,5648,3139,0899,77312,98715,58818,52921,58621,325
Expenses3,4473,7123,2884,1714,6834,9325,8168,70610,27812,27912,60213,016
Financing Profit1,8241,9723,8053,8013,5653,4023,6668,79910,52313,13213,94715,656
Financing Margin %18%18%28%24%22%20%19%29%29%30%29%31%
Other Income311272014141816251575271
Depreciation38353743141137135601588645699709
Profit before tax1,7891,9383,8963,7783,4393,2783,5498,2149,96012,64413,30015,019
Tax %34%35%35%32%27%24%24%27%26%24%25%
Net Profit1,1841,2662,5492,5762,5122,4992,7216,0207,3999,57610,02411,318
EPS in Rs9.3510.0020.1420.3619.8617.7120.1232.1139.2050.8153.2856.48
Dividend Payout %19%7%10%11%5%18%20%22%23%19%20%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth17%23%16%14%
Compounded Profit Growth24%32%19%33%
Stock Price CAGR16%30%36%58%
Return on Equity16%16%16%16%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital227227227227227227253271374376376376
Reserves9,0399,94911,10513,46315,73617,91521,46425,82443,13848,57156,09465,542
Borrowing46,69549,79053,08082,13187,91494,735106,546114,846164,202195,496234,197250,692
Other Liabilities6,1938,04810,0341,5391,5421,3891,6471,3282,8583,8233,3304,764
Total Liabilities62,15468,01374,44697,360105,419114,266129,910142,268210,573248,266293,998321,375
Fixed Assets1541521361221474894374183,7143,7182,9142,635
CWIP0000000066000
Investments3,0371,3401,5182,4564,1262,9363,3476,9717,4309,47215,78814,993
Other Assets58,96266,52272,79194,782101,146110,841126,126134,879199,363235,076275,296303,746
Total Assets62,15468,01374,44697,360105,419114,266129,910142,268210,573248,266293,998321,375
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-9,611-5,507-2,677-13,142-5,535-2,464-4,239-8,859-17,625-31,101-43,652-13,281
Cash from Investing Activity-45-36-286-76-55-25-345,076-2583,630-241
Cash from Financing Activity7,8362,8223,01713,0145,5504,57912,2268,50511,82027,60944,5218,587
Net Cash Flow-1,819-2,721338-42-622,0607,962-388-730-3,7504,499-4,936
Free Cash Flow-9,655-5,543-2,695-13,208-5,611-2,519-4,264-8,893-17,818-31,361-43,903-13,475
CFO/OP-141%-72%-28%-120%-37%-12%-24%-57%-66%-106%-126%-26%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %12%12%12%20%17%15%13%11%17%16%16%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters25.45%25.43%25.42%25.41%25.40%25.40%25.39%25.39%25.39%25.38%25.38%20.30%
FIIs54.67%53.97%53.90%54.28%53.29%53.08%53.58%52.61%49.61%47.21%45.15%54.75%
DIIs15.17%15.77%15.69%15.24%16.21%15.93%15.34%16.32%18.65%21.29%23.29%19.90%
Public4.71%4.83%5.00%5.07%5.07%5.58%5.68%5.64%6.34%6.11%6.18%5.03%
No. of Shareholders96,8731,07,2541,18,0311,26,5291,40,6801,81,3982,30,8212,53,5122,98,6082,98,4753,34,7053,52,550

Fundamentals

Market Cap₹ 2,28,598 Cr.
Current Price₹ 972
Stock P/E20.2
Book Value₹ 350
ROCE11.5 %
ROE16.4 %
Dividend Yield1.11 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)14%
Compounded Profit Growth (TTM)33%
Consolidated figures.
Valuation
Market capRs 177,808 Cr
Enterprise valueRs 420,557 Cr
P/E (TTM)15.71x
Price to book2.70x
Price to sales3.56x
EV / EBITDA11.35x
EV / EBIT11.57x
EV / sales8.41x
Earnings yield6.37%
Dividend yield1.14%
P/E, 3-year average10.56x
P/B, 3-year average1.68x
P/E, 5-year average7.10x
P/B, 5-year average1.10x
Profitability
Operating margin (excl. other income)73.82%
Operating margin (incl. other income)73.93%
EBITDA margin74.11%
Pre-tax margin30.04%
Net profit margin22.64%
Net margin, latest quarter25.77%
ROE16.38%
ROCE11.49%
ROA3.26%
ROE, 3-year average16.81%
ROCE, 3-year average11.48%
ROA, 3-year average3.33%
ROE, 5-year average15.82%
ROCE, 5-year average11.30%
ROA, 5-year average3.08%
ROIC (approx.)8.86%
Tax rate24.78%
Other income / net worth0.08%
Growth
Sales growth (latest year)9.54%
Profit growth (latest year)4.92%
Sales CAGR, 3 years16.44%
Sales CAGR, 5 years22.54%
Profit CAGR, 3 years18.59%
Profit CAGR, 5 years32.03%
Sales growth QoQ7.09%
Profit growth QoQ14.29%
Sales growth YoY (latest quarter)16.16%
Profit growth YoY (latest quarter)59.89%
Per share
EPS (TTM)Rs 60.15
EPS (latest year)Rs 53.28
EPS (latest quarter)Rs 18.35
EPS, 3-year averageRs 100.04
EPS, 5-year averageRs 112.25
Book value per shareRs 350.34
Sales per shareRs 265.72
Cash flow per shareRs -70.59
Free cash flow per shareRs -71.62
Dividend per share (latest year)Rs 10.80
Dividend per share, 3-year averageRs 21.90
Dividend per share, 5-year averageRs 24.14
Dividends
Dividend payout20.27%
Dividend payout, 3-year average20.90%
Dividend payout, 5-year average20.88%
Efficiency
Asset turnover0.15x
Fixed asset turnover18.26x
Debtor days0 days
Debtors turnover929.60x
Leverage
Total debtRs 250,692 Cr
Cash and bankRs 7,943 Cr
Net debtRs 242,749 Cr
Debt to equity3.80x
Net debt / EBITDA6.55x
Interest coverage1.70x
Owners' fund to total sources20.51%
Debt to assets78.01%
Cash flow
Cash from Operating Activity (latest year)Rs -13,281 Cr
Cash from Investing Activity (latest year)Rs -241 Cr
Cash from Financing Activity (latest year)Rs 8,587 Cr
Net Cash Flow (latest year)Rs -4,936 Cr
Free cash flow (latest year)Rs -13,475 Cr
FCFE (approx.: FCF + change in debt)Rs 3,020 Cr
Cash from ops / profit, 5 years-3.20x
Statement figures
Net sales (TTM)Rs 49,997 Cr
Net sales (latest year)Rs 48,135 Cr
Sales (latest quarter)Rs 13,400 Cr
Operating profit excl. other income (latest year)Rs 35,532 Cr
Operating profit (latest quarter)Rs 9,995 Cr
Other income (TTM)Rs 71 Cr
EBITDA (TTM)Rs 37,052 Cr
PBDT (TTM)Rs 15,728 Cr
Profit before tax (TTM)Rs 15,019 Cr
Tax (latest year)Rs 3,296 Cr
Net profit (TTM)Rs 11,318 Cr
Net profit (latest year)Rs 10,024 Cr
Net profit (latest quarter)Rs 3,453 Cr
Depreciation (TTM)Rs 709 Cr
Depreciation (latest quarter)Rs 183 Cr
Interest (TTM)Rs 21,325 Cr
Cost of goods sold (latest year)Rs 790 Cr
Total expenditure (latest year)Rs 12,602 Cr
Total income (latest year)Rs 48,186 Cr
Share capitalRs 376 Cr
ReservesRs 65,542 Cr
Shareholders' fundsRs 65,919 Cr
Total assetsRs 321,375 Cr
Net blockRs 2,635 Cr
InvestmentsRs 14,993 Cr
ReceivablesRs 52 Cr
Other liabilitiesRs 4,764 Cr
Shares outstanding (crore)188.16
Ownership
Promoter holding20.30% (-5.09 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 15.7 is at the 35th percentile of its own 9.4-year range (median 17.1, low 8.4, high 47.9).
P/B 2.70 is at the 63th percentile (median 2.41).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSHRIRAMFINNifty 50Difference
1 week-4.5%-2.8% -1.8 pts
1 month-10.8%-6.8% -4.0 pts
3 months-11.2%-7.6% -3.5 pts
6 months+8.4%+0.4% +8.0 pts
1 year+54.2%-9.9% +64.2 pts
2 years+32.4%-13.6% +46.0 pts
3 years+146.2%+14.2% +132.0 pts
5 years+265.0%+27.9% +237.1 pts
456 mutual fund schemes hold about ₹30,268 Cr. Over three months 359 bought more and 70 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal Midcap Fund3.66%1,568 +9%
Motilal Oswal Large & Midcap Fund4.81%970 +21%
Motilal Oswal Large & Midcap Fund4.81%888 +21%
Mirae Asset Large Cap Fund1.97%762 +14%
Axis Large Cap Fund2.13%667 +46%
Kotak Flexi Cap Fund1.18%666 +19%
Kotak Flexi Cap Fund1.18%663 +19%
Kotak Large & Mid Cap Fund1.89%610 +16%
Motilal Oswal Flexi Cap Fund4.09%579 +4%
Tata Value Fund(Div Trig Opt B-10%)Pay6.46%559 +16%
ICICI Pru Balanced Advantage Fund(M0.71%535 +11%
Aditya Birla SL Large Cap Fund1.67%496 +24%
Aditya Birla SL Flexi Cap Fund1.65%478 +24%
UTI Nifty200 Momentum 30 Index Fund5.33%450 +18%
UTI Nifty 50 Index Fund1.41%416 +19%
Kotak Small Cap Fund2.03%400 +14%
HDFC Large & Mid Cap Fund1.18%357 +16%
Axis Large & Mid Cap Fund2.05%355 -8%
HSBC Value Fund2.25%345 +16%
Axis Large & Mid Cap Fund2.05%345 -8%
Aditya Birla SL Focused Fund4.30%343 +11%
HDFC Nifty 50 Index Fund1.41%341 +19%
SBI Flexicap Fund1.41%328 +17%
Axis Midcap Fund0.95%328 +28%
Franklin India Focused Equity Fund2.65%305 +42%

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was -327% of net profit over the last 3 years
lookRegulator order or action Regulator order or action 2026-09-30: Shriram Finance Limited has informed the Exchange about Action(s) taken or orders passed by Office of Assessment Unit of Income Tax Departme
lookAuditor change Auditor change 2026-04-24: Shriram Finance Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2024-03-28Sanlam Life Insurance LimitedPromoter Groupother5,980,000Rs 1426.83 CrInter-se-Transfer
2024-03-28Shriram Value Services LimitedPromoter Groupother5,980,000Rs 1426.83 CrInter-se-Transfer
2024-03-22Shriram Ownership TrustPromoter Groupother7,778,000Rs 1796.72 CrInter-se-Transfer
2024-03-22Shriram Value Services LimitedPromoter Groupother7,778,000Rs 1796.72 CrInter-se-Transfer
2022-12-15Shriram Value Services LimitedPromoter Groupbuy31,379Rs 4.36 CrMarket Purchase
2022-12-13Shriram Ownership TrustPromotersother7,783,174Rs 0.00 CrScheme of Amalgamation/M
2022-12-13Shriram Value Services LimitedPromoter Groupother2,768,999Rs 0.00 CrScheme of Amalgamation/M
2022-12-13Shriram Financial Ventures (ChennaPromotersother67,145,784Rs 0.00 CrScheme of Amalgamation/M
2022-03-29Shriram Value Services LimitedPromoter Groupbuy489,712Rs 54.64 CrMarket Purchase
2022-03-28Shriram Value Services LimitedPromoter Groupbuy566,667Rs 62.60 CrMarket Purchase
2021-11-25Shriram Capital LimitedPromotersother1,736,100Rs 250.00 CrPreferential Offer
2021-07-08Shriram Capital LimitedPromotersother1,736,100Rs 62.50 CrPreferential Offer
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Revenue ₹13,400 Cr +16.2% vs Jun 2025. Net profit ₹3,453 Cr +59.9%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-03Dividend - Rs 6 Per Share
2025-11-07Interim Dividend - Rs 4.80 Per Share
2025-07-11Dividend - Rs 3 Per Share
2025-01-31Interim Dividend - Rs 2.50 Per Share
2025-01-10Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2024-11-07Interim Dividend - Rs 22 Per Share
2024-07-23Annual General Meeting/Dividend - Rs 15 Per Share
2024-02-06Interim Dividend - Rs 10 Per Share
2023-11-06Interim Dividend - Rs 20 Per Share
2023-06-16Annual General Meeting/Dividend - Rs 20 Per Share
2023-01-03Interim Dividend - Rs 15 Per Share
2022-06-15Annual General Meeting
2022-03-11Interim Dividend - Rs 12 Per Share
2021-11-09 Interim Dividend - Rs 8 Per Share
2021-06-16 Annual General Meeting/Dividend - Rs 6 Per Share
2021-04-05 Interim Dividend - Rs 6 Per Share
2020-11-09 Interim Dividend - Rs 6 Per Share
2020-08-11 Annual General Meeting
2020-07-09 Rights 3:26 @ Premium Rs 560/-
2019-11-07 Interim Dividend-Rs 5 Per Sh
2019-06-19 Annual General Meeting/Dividend - Rs 7 Per Share
2018-11-05 Interim Dividend - Rs 5 Per Sh
2018-07-18 Annual General Meeting/Dividend Rs 6/- Per Share
2017-11-10 Interim Dividend - Rs 5/- Per Share (Purpose Revised)
2017-06-21 Annual General Meeting/Dividend - Rs 6/- Per Shre
2016-11-03 Interim Dividend Rs 4/- Per Share (Purpose Revised)
2016-07-18 Annual General Meeting/Dividend -Rs 6/- Per Share
2015-11-05 Interim Dividend - Rs 4/- Per Share (Purposed Revised)
2015-07-22Annual General Meeting/ Dividend - Rs 6/- Per Share
2014-10-30Interim Dividend Rs.4/- Per Share (Purpose Revised)
2014-06-25Annual General Meeting / Final Dividend - Rs 4/- Per Share
2013-11-13Interim Dividend - Rs 3/- Per Share
2013-06-21Annual General Meeting And Dividend - Rs.4/- Per Share
2012-11-15Interim Dividend Rs 3 Per Share
2012-06-21Annual General Meeting And Dividend - Rs.4/- Per Share
2011-11-21Interim Dividend Rs.2.50 Per Share
2011-06-10Annual General Meeting And Final Dividend-Rs.4/- Per Share
2010-11-08Interim Dividend-Rs.2.50 Per Share
2010-06-03Agm/Div-Rs.4/- Per Share
2009-11-09Int Div-Rs.2/- Per Share
2009-07-16Agm/Div-Rs.4/- Per Share
2008-11-10Interim Dividend - 10%
2008-07-24Agm/Div- Rs 4/- Per Share
2007-12-17Int Dividend-Re.1 Per Sh
2007-08-10Agm/Final Dividend-20%
2006-12-13Agm/Int Div - Re.1 Per Sh
2006-07-13Interim Dividend-20%
DateTypeWhat it says
2026-10-01General UpdatesGeneral Updates regarding tender Offer for purchase of certain Senior Secured Notes issued under the USD 3,500,000,000 Global Medium Term Note Program...
2026-09-30Regulatory actionAction(s) taken or orders passed by Office of Assessment Unit of Income Tax Department
2026-09-29General UpdatesGeneral Updates regarding Tender Offer for purchase of certain Senior Secured Notes issued under the USD 3,500,000,000 Global Medium Term Note Program...
2026-09-28UpdatesShriram Finance Limited has intimated the Exchange under SEBI Circular No. SEBI/HO/MIRSD/DOS3/CIR/P/2018/139/2018 dated November 06, 2018
2026-09-23Regulatory actionAction(s) taken or orders passed
2026-09-21General UpdatesGeneral Updates Tender Offer for purchase of certain Notes issued under the USD 3500000000 Global Medium Term Note Programme Launch Announcement
2026-09-21General UpdatesGeneral Updates
2026-09-16General UpdatesA meeting of Banking & Finance Committee of the Company is scheduled to be held on or after Monday, September 21, 2026, inter-alia, to consider and if...
2026-09-16Concall / analyst meetSchedule of meet
2026-09-15Concall / analyst meetSchedule of Analysts/ Institutional Investors Meet
2026-09-11Concall / analyst meetSchedule of meet
2026-09-10ESOPAllotment of 61491 Shares.
2026-09-10Concall / analyst meetSchedule of meet
2026-09-09AllotmentAllotment of 222000 securities pursuant to Non Convertible Securities at its meeting held on September 09, 2026
2026-09-03Credit RatingCredit Rating
2026-09-02Concall / analyst meetSchedule of meet
2026-08-27Concall / analyst meetSchedule of meet
2026-08-25Concall / analyst meetSchedule of meet
2026-08-14General UpdatesESG Rating by NSE Sustainability Ratings & Analytics Limited
2026-08-13Concall / analyst meetSchedule of meet
2026-08-13Concall / analyst meetSchedule of meet
2026-08-13Concall / analyst meetSchedule of meet
2026-08-13Concall / analyst meetSchedule of meet
2026-08-13Concall / analyst meetSchedule of meet
2026-08-12Concall / analyst meetSchedule of meet
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.80
Max pain (expiry 2026-10-27)980
Largest call open interest at1,000
Largest put open interest at980
Implied volatility, at the money32.0%
Underlying at snapshot945.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-29825
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2019-11-20NCLATSuneet Dewan VS Shriram Transport Finance Co. Ltd. & Anr.
2019-11-11NCLATTransgulf Frozen Food Containers Pvt. Ltd. VS Shriram Transport Finance Co. Ltd & Anr.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Shriram Finance Ltd?

Shriram Finance Ltd (SHRIRAMFIN) has a market capitalisation of Rs 2,28,598 Cr. at the 2026-10-01 close.

What is the P/E ratio of Shriram Finance Ltd?

Shriram Finance Ltd trades at a P/E of 20.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Shriram Finance Ltd's latest quarterly results?

In the Jun 2026 quarter, Shriram Finance Ltd revenue was Rs 13,400 Cr (+16.2% vs Jun 2025) and net profit was Rs 3,453 Cr.

What is the 52-week high and low of Shriram Finance Ltd?

The 52-week high is Rs 1,153.70 and the 52-week low is Rs 611.15.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03