Shriram Finance Ltd.
•2026-08-21
PROS
- Company has delivered good profit growth of 32.1% CAGR over last 5 years
- Comfortable capital adequacy - CAR of 20.4%
- Solid return on assets for a lender - ROA of 3.3%
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 59.9% YoY, showing strong momentum
- Company has delivered good sales growth of 22.5% CAGR over last 5 years
CONS
- Net NPA is elevated at 2.3% - provisioning cushion is thin
- Asset quality is weak - gross NPA at 4.6%
- Promoter holding has decreased over last 2 years: -5.1pp
- Company has a low return on capital employed of 11.3%
- Free cash flow has been persistently negative
- Valuation is stretched - P/E of 23.0 is well above its own 5-year median (12.9)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | BAJFINANCE | 1078.60 | 33.07 | 671531.43 | 0.56 | 6080.60 | 27.60 | 23165.45 | 20.37 | 10.87 | 70.70 |
| 2. | SHRIRAMFIN | 1104.90 | 22.97 | 259981.15 | 0.98 | 3452.77 | 59.90 | 13400.43 | 17.46 | 11.49 | 74.63 |
| 3. | JIOFIN | 242.70 | 77.55 | 160258.25 | 0.25 | 830.25 | 155.73 | 2004.47 | 227.28 | 2.11 | 69.71 |
| 4. | CHOLAFIN | 1866.25 | 27.72 | 159390.07 | 0.11 | 1656.22 | 45.56 | 8856.29 | 21.89 | 9.70 | 70.07 |
| 5. | TATACAP | 365.15 | 28.68 | 155001.39 | 0.16 | 16281.80 | 1464.16 | 88219.30 | 1051.00 | 8.66 | 75.72 |
| 6. | BAJAJHLDNG | 11322.85 | 14.23 | 126015.97 | 1.72 | 2708.08 | -92.27 | 394.33 | 23.34 | 14.81 | 684.72 |
| 7. | MUTHOOTFIN | 2859.20 | 10.09 | 114787.87 | 1.05 | 2824.84 | 43.08 | 8671.60 | 36.25 | 15.87 | 83.76 |
| 8. | ABCAPITAL | 396.75 | 26.46 | 108592.29 | 0.00 | 1223.85 | 43.85 | 12179.54 | 137.84 | 8.82 | 41.91 |
| 9. | LTF | 315.00 | 24.80 | 78940.44 | 0.87 | 915.99 | 30.70 | 5212.92 | 22.38 | 8.54 | 62.13 |
| 10. | SBICARD | 626.30 | 0.00 | 59601.37 | 0.40 | 664.44 | 19.51 | 5040.55 | 7.60 | 11.75 | 29.83 |
| 11. | HDBFS | 681.15 | 26.00 | 56579.31 | 0.59 | 785.20 | 38.31 | 4937.90 | 18.71 | 9.09 | 57.98 |
| 12. | M&MFIN | 389.55 | 16.65 | 54146.33 | 1.93 | 927.48 | 75.34 | 5717.91 | 23.09 | 8.63 | 64.82 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7,903 | 8,439 | 8,818 | 9,320 | 9,510 | 9,993 | 10,590 | 11,245 | 11,408 | 11,760 | 12,033 | 12,307 | 13,400 | |
| 2,141 | 2,454 | 2,634 | 2,712 | 2,661 | 2,836 | 3,033 | 3,293 | 3,062 | 3,109 | 3,397 | 3,104 | 8,793 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 5 | 9 | 5 | 14 | 5 | 7 | 7 | 6 | 6 | 9 | 26 | 19 | 18 |
| Interest | 3,488 | 3,622 | 3,707 | 3,988 | 4,129 | 4,350 | 4,751 | 5,224 | 5,401 | 5,525 | 5,259 | 5,336 | 5,204 |
| Depreciation | 132 | 137 | 147 | 153 | 153 | 159 | 162 | 171 | 173 | 174 | 177 | 175 | 183 |
| 2,248 | 2,352 | 2,440 | 2,644 | 2,667 | 2,752 | 4,313 | 2,772 | 2,906 | 3,113 | 3,364 | 3,917 | 4,631 | |
| Tax % | 25.46% | 25.57% | 25.47% | 26.41% | 25.73% | 24.72% | 25.06% | 22.82% | 25.84% | 25.80% | 24.96% | 23.03% | 25.45% |
| Net Profit | 0 | 0 | 0 | 0 | 2,031 | 2,153 | 3,249 | 2,144 | 2,159 | 2,314 | 2,530 | 3,021 | 3,453 |
| 46 | 48 | 10 | 11 | 11 | 11 | 17 | 11 | 11 | 12 | 13 | 16 | 1 | |
| Equity Capital | 375 | 375 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 471 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 375 | 375 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 471 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
- 7,903
- 2,141
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3,488
- Depreciation
- 132
- 2,248
- Tax %
- 25.46%
- Net Profit
- 0
- 46
- Equity Capital
- 375
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 375
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 8,439
- 2,454
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 3,622
- Depreciation
- 137
- 2,352
- Tax %
- 25.57%
- Net Profit
- 0
- 48
- Equity Capital
- 375
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 375
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 8,818
- 2,634
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3,707
- Depreciation
- 147
- 2,440
- Tax %
- 25.47%
- Net Profit
- 0
- 10
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 9,320
- 2,712
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 3,988
- Depreciation
- 153
- 2,644
- Tax %
- 26.41%
- Net Profit
- 0
- 11
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 9,510
- 2,661
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 4,129
- Depreciation
- 153
- 2,667
- Tax %
- 25.73%
- Net Profit
- 2,031
- 11
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 9,993
- 2,836
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 4,350
- Depreciation
- 159
- 2,752
- Tax %
- 24.72%
- Net Profit
- 2,153
- 11
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 10,590
- 3,033
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 4,751
- Depreciation
- 162
- 4,313
- Tax %
- 25.06%
- Net Profit
- 3,249
- 17
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 11,245
- 3,293
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 5,224
- Depreciation
- 171
- 2,772
- Tax %
- 22.82%
- Net Profit
- 2,144
- 11
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 11,408
- 3,062
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 5,401
- Depreciation
- 173
- 2,906
- Tax %
- 25.84%
- Net Profit
- 2,159
- 11
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 11,760
- 3,109
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 5,525
- Depreciation
- 174
- 3,113
- Tax %
- 25.80%
- Net Profit
- 2,314
- 12
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 12,033
- 3,397
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 5,259
- Depreciation
- 177
- 3,364
- Tax %
- 24.96%
- Net Profit
- 2,530
- 13
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 12,307
- 3,104
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 5,336
- Depreciation
- 175
- 3,917
- Tax %
- 23.03%
- Net Profit
- 3,021
- 16
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 13,400
- 8,793
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 5,204
- Depreciation
- 183
- 4,631
- Tax %
- 25.45%
- Net Profit
- 3,453
- 1
- Equity Capital
- 471
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 471
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,903 | 13,467 | 15,529 | 16,555 | 17,420 | 19,255 | 30,477 | 34,964 | 41,834 | 48,133 | 49,501 | |
| 3,713 | 3,305 | 4,245 | 4,681 | 4,940 | 5,818 | 8,699 | 9,875 | 11,732 | 12,605 | 18,403 | |
| Operating Profit | 7,192 | 10,225 | 11,387 | 11,895 | 12,506 | 13,462 | 21,810 | 25,128 | 30,127 | 35,594 | — |
| OPM % | 66 | 76 | 73 | 72 | 72 | 70 | 72 | 72 | 72 | 74 | — |
| Other Income | 2 | 62 | 103 | 21 | 26 | 25 | 33 | 38 | 25 | 66 | 72 |
| Interest | 5,219 | 6,416 | 7,566 | 8,315 | 9,091 | 9,777 | 12,996 | 14,876 | 18,532 | 21,594 | 21,325 |
| Depreciation | 35 | 37 | 43 | 141 | 137 | 135 | 601 | 569 | 645 | 699 | 709 |
| 1,938 | 3,896 | 3,778 | 3,439 | 3,278 | 3,549 | 8,214 | 9,684 | 12,503 | 13,300 | 15,025 | |
| Tax % | 35 | 35 | 32 | 27 | 24 | 24 | 27 | 26 | 25 | 25 | 25 |
| Net Profit | 1,266 | 2,546 | 2,564 | 2,502 | 2,487 | 2,708 | 6,011 | 7,190 | 9,423 | 10,004 | 11,302 |
| EPS | 56 | 112 | 114 | 108 | 101 | 102 | 160 | 196 | 51 | 53 | — |
| Dividend Payout % | 18 | 10 | 11 | 5 | 18 | 20 | 22 | 23 | 19 | 20 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | -9 | -33 | -22 | 0 | 0 |
| Share of Associates | 0 | 3 | 12 | 10 | 12 | 13 | 9 | 8 | 12 | 20 | 22 |
| Adjusted EPS | 11 | 22 | 22 | 22 | 20 | 20 | 32 | 39 | 51 | 53 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | -9 | -33 | -22 | 0 | 0 |
| Share of Associates | 0 | 3 | 12 | 10 | 12 | 13 | 9 | 8 | 12 | 20 | 22 |
| Adjusted EPS | 11 | 22 | 22 | 22 | 20 | 20 | 32 | 39 | 51 | 53 | — |
- 10,903
- 3,713
- Operating Profit
- 7,192
- OPM %
- 66
- Other Income
- 2
- Interest
- 5,219
- Depreciation
- 35
- 1,938
- Tax %
- 35
- Net Profit
- 1,266
- EPS
- 56
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- 13,467
- 3,305
- Operating Profit
- 10,225
- OPM %
- 76
- Other Income
- 62
- Interest
- 6,416
- Depreciation
- 37
- 3,896
- Tax %
- 35
- Net Profit
- 2,546
- EPS
- 112
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 3
- Adjusted EPS
- 22
- Minority Interest
- 0
- Share of Associates
- 3
- Adjusted EPS
- 22
- 15,529
- 4,245
- Operating Profit
- 11,387
- OPM %
- 73
- Other Income
- 103
- Interest
- 7,566
- Depreciation
- 43
- 3,778
- Tax %
- 32
- Net Profit
- 2,564
- EPS
- 114
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 12
- Adjusted EPS
- 22
- Minority Interest
- 0
- Share of Associates
- 12
- Adjusted EPS
- 22
- 16,555
- 4,681
- Operating Profit
- 11,895
- OPM %
- 72
- Other Income
- 21
- Interest
- 8,315
- Depreciation
- 141
- 3,439
- Tax %
- 27
- Net Profit
- 2,502
- EPS
- 108
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 10
- Adjusted EPS
- 22
- Minority Interest
- 0
- Share of Associates
- 10
- Adjusted EPS
- 22
- 17,420
- 4,940
- Operating Profit
- 12,506
- OPM %
- 72
- Other Income
- 26
- Interest
- 9,091
- Depreciation
- 137
- 3,278
- Tax %
- 24
- Net Profit
- 2,487
- EPS
- 101
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 12
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 12
- Adjusted EPS
- 20
- 19,255
- 5,818
- Operating Profit
- 13,462
- OPM %
- 70
- Other Income
- 25
- Interest
- 9,777
- Depreciation
- 135
- 3,549
- Tax %
- 24
- Net Profit
- 2,708
- EPS
- 102
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 13
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 13
- Adjusted EPS
- 20
- 30,477
- 8,699
- Operating Profit
- 21,810
- OPM %
- 72
- Other Income
- 33
- Interest
- 12,996
- Depreciation
- 601
- 8,214
- Tax %
- 27
- Net Profit
- 6,011
- EPS
- 160
- Dividend Payout %
- 22
- Minority Interest
- -9
- Share of Associates
- 9
- Adjusted EPS
- 32
- Minority Interest
- -9
- Share of Associates
- 9
- Adjusted EPS
- 32
- 34,964
- 9,875
- Operating Profit
- 25,128
- OPM %
- 72
- Other Income
- 38
- Interest
- 14,876
- Depreciation
- 569
- 9,684
- Tax %
- 26
- Net Profit
- 7,190
- EPS
- 196
- Dividend Payout %
- 23
- Minority Interest
- -33
- Share of Associates
- 8
- Adjusted EPS
- 39
- Minority Interest
- -33
- Share of Associates
- 8
- Adjusted EPS
- 39
- 41,834
- 11,732
- Operating Profit
- 30,127
- OPM %
- 72
- Other Income
- 25
- Interest
- 18,532
- Depreciation
- 645
- 12,503
- Tax %
- 25
- Net Profit
- 9,423
- EPS
- 51
- Dividend Payout %
- 19
- Minority Interest
- -22
- Share of Associates
- 12
- Adjusted EPS
- 51
- Minority Interest
- -22
- Share of Associates
- 12
- Adjusted EPS
- 51
- 48,133
- 12,605
- Operating Profit
- 35,594
- OPM %
- 74
- Other Income
- 66
- Interest
- 21,594
- Depreciation
- 699
- 13,300
- Tax %
- 25
- Net Profit
- 10,004
- EPS
- 53
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 20
- Adjusted EPS
- 53
- Minority Interest
- 0
- Share of Associates
- 20
- Adjusted EPS
- 53
- 49,501
- 18,403
- Operating Profit
- —
- OPM %
- —
- Other Income
- 72
- Interest
- 21,325
- Depreciation
- 709
- 15,025
- Tax %
- 25
- Net Profit
- 11,302
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 22
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 22
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 17%
- 5 Years:
- 23%
- 3 Years:
- 16%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 24%
- 5 Years:
- 32%
- 3 Years:
- 19%
STOCK PRICE CAGR
- 10 Years:
- 16%
- 5 Years:
- 35%
- 3 Years:
- 45%
- 1 Year:
- 83%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 16%
- 3 Years:
- 17%
- Last Year:
- 16%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 227 | 227 | 227 | 227 | 253 | 271 | 374 | 376 | 376 | 376 |
| 11,105 | 13,463 | 15,736 | 17,915 | 21,464 | 25,824 | 42,939 | 48,499 | 56,051 | 65,522 | |
| 15,655 | 5,199 | 4,948 | 2,056 | 717 | 484 | 478 | 64,300 | 65,074 | 76,799 | |
| Trade Payables | 172 | 220 | 133 | 144 | 153 | 166 | 313 | 246 | 299 | 332 |
| 52,906 | 85,035 | 87,211 | 97,850 | 1,11,856 | 1,20,925 | 1,77,721 | 1,31,776 | 1,68,503 | 1,74,081 | |
| Total Liabilities | 80,064 | 1,04,144 | 1,08,256 | 1,18,192 | 1,34,443 | 1,47,669 | 2,21,825 | 2,45,197 | 2,90,303 | 3,17,111 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 134 | 120 | 145 | 487 | 435 | 416 | 3,711 | 3,717 | 2,914 | 2,635 | |
| 1,520 | 2,456 | 4,126 | 2,936 | 3,347 | 6,971 | 7,430 | 9,472 | 15,788 | 14,993 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52 | 51 | 52 | |
| Cash & Bank | 4,445 | 3,675 | 3,981 | 7,315 | 16,442 | 16,355 | 16,307 | 7,947 | 20,968 | 7,800 |
| 73,965 | 97,894 | 1,00,003 | 1,07,454 | 1,14,219 | 1,23,927 | 1,94,377 | 2,24,010 | 2,50,582 | 2,91,631 | |
| Total Assets | 80,064 | 1,04,144 | 1,08,256 | 1,18,192 | 1,34,443 | 1,47,669 | 2,21,825 | 2,45,197 | 2,90,303 | 3,17,111 |
| Total Debt | 53,080 | 82,131 | 87,914 | 94,372 | 1,06,196 | 1,14,497 | 1,64,202 | 1,95,496 | 2,34,197 | 2,50,692 |
| Net Working Capital | 977 | -2,867 | -2,181 | 4,591 | 14,503 | 15,020 | 14,952 | -53,520 | -36,977 | -65,887 |
| Contingent Liabilities | 2,030 | 2,728 | 402 | 583 | 2,233 | 2,275 | 2,218 | 2,359 | 2,993 | 3,249 |
| Book Value per Share | 499.32 | 603.41 | 703.58 | 799.64 | 858.19 | 964.60 | 1156.77 | 1300.58 | 300.08 | 350.23 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 |
| Total Debt | 53,080 | 82,131 | 87,914 | 94,372 | 1,06,196 | 1,14,497 | 1,64,202 | 1,95,496 | 2,34,197 | 2,50,692 |
| Net Working Capital | 977 | -2,867 | -2,181 | 4,591 | 14,503 | 15,020 | 14,952 | -53,520 | -36,977 | -65,887 |
| Contingent Liabilities | 2,030 | 2,728 | 402 | 583 | 2,233 | 2,275 | 2,218 | 2,359 | 2,993 | 3,249 |
| Book Value per Share | 499.32 | 603.41 | 703.58 | 799.64 | 858.19 | 964.60 | 1156.77 | 1300.58 | 300.08 | 350.23 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 |
- Equity Capital
- 227
- 11,105
- 15,655
- Trade Payables
- 172
- 52,906
- Total Liabilities
- 80,064
- 134
- 1,520
- 0
- Cash & Bank
- 4,445
- 73,965
- Total Assets
- 80,064
- Total Debt
- 53,080
- Net Working Capital
- 977
- Contingent Liabilities
- 2,030
- Book Value per Share
- 499.32
- Face Value
- 10.00
- Total Debt
- 53,080
- Net Working Capital
- 977
- Contingent Liabilities
- 2,030
- Book Value per Share
- 499.32
- Face Value
- 10.00
- Equity Capital
- 227
- 13,463
- 5,199
- Trade Payables
- 220
- 85,035
- Total Liabilities
- 1,04,144
- 120
- 2,456
- 0
- Cash & Bank
- 3,675
- 97,894
- Total Assets
- 1,04,144
- Total Debt
- 82,131
- Net Working Capital
- -2,867
- Contingent Liabilities
- 2,728
- Book Value per Share
- 603.41
- Face Value
- 10.00
- Total Debt
- 82,131
- Net Working Capital
- -2,867
- Contingent Liabilities
- 2,728
- Book Value per Share
- 603.41
- Face Value
- 10.00
- Equity Capital
- 227
- 15,736
- 4,948
- Trade Payables
- 133
- 87,211
- Total Liabilities
- 1,08,256
- 145
- 4,126
- 0
- Cash & Bank
- 3,981
- 1,00,003
- Total Assets
- 1,08,256
- Total Debt
- 87,914
- Net Working Capital
- -2,181
- Contingent Liabilities
- 402
- Book Value per Share
- 703.58
- Face Value
- 10.00
- Total Debt
- 87,914
- Net Working Capital
- -2,181
- Contingent Liabilities
- 402
- Book Value per Share
- 703.58
- Face Value
- 10.00
- Equity Capital
- 227
- 17,915
- 2,056
- Trade Payables
- 144
- 97,850
- Total Liabilities
- 1,18,192
- 487
- 2,936
- 0
- Cash & Bank
- 7,315
- 1,07,454
- Total Assets
- 1,18,192
- Total Debt
- 94,372
- Net Working Capital
- 4,591
- Contingent Liabilities
- 583
- Book Value per Share
- 799.64
- Face Value
- 10.00
- Total Debt
- 94,372
- Net Working Capital
- 4,591
- Contingent Liabilities
- 583
- Book Value per Share
- 799.64
- Face Value
- 10.00
- Equity Capital
- 253
- 21,464
- 717
- Trade Payables
- 153
- 1,11,856
- Total Liabilities
- 1,34,443
- 435
- 3,347
- 0
- Cash & Bank
- 16,442
- 1,14,219
- Total Assets
- 1,34,443
- Total Debt
- 1,06,196
- Net Working Capital
- 14,503
- Contingent Liabilities
- 2,233
- Book Value per Share
- 858.19
- Face Value
- 10.00
- Total Debt
- 1,06,196
- Net Working Capital
- 14,503
- Contingent Liabilities
- 2,233
- Book Value per Share
- 858.19
- Face Value
- 10.00
- Equity Capital
- 271
- 25,824
- 484
- Trade Payables
- 166
- 1,20,925
- Total Liabilities
- 1,47,669
- 416
- 6,971
- 0
- Cash & Bank
- 16,355
- 1,23,927
- Total Assets
- 1,47,669
- Total Debt
- 1,14,497
- Net Working Capital
- 15,020
- Contingent Liabilities
- 2,275
- Book Value per Share
- 964.60
- Face Value
- 10.00
- Total Debt
- 1,14,497
- Net Working Capital
- 15,020
- Contingent Liabilities
- 2,275
- Book Value per Share
- 964.60
- Face Value
- 10.00
- Equity Capital
- 374
- 42,939
- 478
- Trade Payables
- 313
- 1,77,721
- Total Liabilities
- 2,21,825
- 3,711
- 7,430
- 0
- Cash & Bank
- 16,307
- 1,94,377
- Total Assets
- 2,21,825
- Total Debt
- 1,64,202
- Net Working Capital
- 14,952
- Contingent Liabilities
- 2,218
- Book Value per Share
- 1156.77
- Face Value
- 10.00
- Total Debt
- 1,64,202
- Net Working Capital
- 14,952
- Contingent Liabilities
- 2,218
- Book Value per Share
- 1156.77
- Face Value
- 10.00
- Equity Capital
- 376
- 48,499
- 64,300
- Trade Payables
- 246
- 1,31,776
- Total Liabilities
- 2,45,197
- 3,717
- 9,472
- 52
- Cash & Bank
- 7,947
- 2,24,010
- Total Assets
- 2,45,197
- Total Debt
- 1,95,496
- Net Working Capital
- -53,520
- Contingent Liabilities
- 2,359
- Book Value per Share
- 1300.58
- Face Value
- 10.00
- Total Debt
- 1,95,496
- Net Working Capital
- -53,520
- Contingent Liabilities
- 2,359
- Book Value per Share
- 1300.58
- Face Value
- 10.00
- Equity Capital
- 376
- 56,051
- 65,074
- Trade Payables
- 299
- 1,68,503
- Total Liabilities
- 2,90,303
- 2,914
- 15,788
- 51
- Cash & Bank
- 20,968
- 2,50,582
- Total Assets
- 2,90,303
- Total Debt
- 2,34,197
- Net Working Capital
- -36,977
- Contingent Liabilities
- 2,993
- Book Value per Share
- 300.08
- Face Value
- 2.00
- Total Debt
- 2,34,197
- Net Working Capital
- -36,977
- Contingent Liabilities
- 2,993
- Book Value per Share
- 300.08
- Face Value
- 2.00
- Equity Capital
- 376
- 65,522
- 76,799
- Trade Payables
- 332
- 1,74,081
- Total Liabilities
- 3,17,111
- 2,635
- 14,993
- 52
- Cash & Bank
- 7,800
- 2,91,631
- Total Assets
- 3,17,111
- Total Debt
- 2,50,692
- Net Working Capital
- -65,887
- Contingent Liabilities
- 3,249
- Book Value per Share
- 350.23
- Face Value
- 2.00
- Total Debt
- 2,50,692
- Net Working Capital
- -65,887
- Contingent Liabilities
- 3,249
- Book Value per Share
- 350.23
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2,677 | -13,142 | -5,535 | -2,464 | -4,239 | -8,859 | -17,625 | -31,118 | -43,652 | -13,281 | |
| Cash from Investing | -1 | 91 | -76 | -55 | -25 | -34 | -193 | -258 | 3,661 | -243 |
| Cash from Financing | 3,017 | 13,014 | 5,550 | 4,579 | 12,226 | 8,505 | 11,820 | 27,626 | 44,521 | 8,587 |
| 338 | -37 | -62 | 2,060 | 7,962 | -388 | -5,999 | -3,750 | 4,530 | -4,937 | |
| Free Cash Flow | -2,687 | -13,142 | -5,595 | -2,839 | -4,311 | -9,491 | -21,488 | -31,671 | -43,652 | -13,614 |
| OCF / Net Profit | -2.12 | -5.16 | -2.16 | -0.98 | -1.70 | -3.27 | -2.93 | -4.33 | -4.63 | -1.33 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -28,574 | -35,378 | -43,723 | -69,799 | -1,10,612 | -1,19,915 |
| OCF / Net Profit | -2.12 | -5.16 | -2.16 | -0.98 | -1.70 | -3.27 | -2.93 | -4.33 | -4.63 | -1.33 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -28,574 | -35,378 | -43,723 | -69,799 | -1,10,612 | -1,19,915 |
- -2,677
- Cash from Investing
- -1
- Cash from Financing
- 3,017
- 338
- Free Cash Flow
- -2,687
- OCF / Net Profit
- -2.12
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.12
- Cumulative 5-Year FCF
- 0
- -13,142
- Cash from Investing
- 91
- Cash from Financing
- 13,014
- -37
- Free Cash Flow
- -13,142
- OCF / Net Profit
- -5.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -5.16
- Cumulative 5-Year FCF
- 0
- -5,535
- Cash from Investing
- -76
- Cash from Financing
- 5,550
- -62
- Free Cash Flow
- -5,595
- OCF / Net Profit
- -2.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.16
- Cumulative 5-Year FCF
- 0
- -2,464
- Cash from Investing
- -55
- Cash from Financing
- 4,579
- 2,060
- Free Cash Flow
- -2,839
- OCF / Net Profit
- -0.98
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.98
- Cumulative 5-Year FCF
- 0
- -4,239
- Cash from Investing
- -25
- Cash from Financing
- 12,226
- 7,962
- Free Cash Flow
- -4,311
- OCF / Net Profit
- -1.70
- Cumulative 5-Year FCF
- -28,574
- OCF / Net Profit
- -1.70
- Cumulative 5-Year FCF
- -28,574
- -8,859
- Cash from Investing
- -34
- Cash from Financing
- 8,505
- -388
- Free Cash Flow
- -9,491
- OCF / Net Profit
- -3.27
- Cumulative 5-Year FCF
- -35,378
- OCF / Net Profit
- -3.27
- Cumulative 5-Year FCF
- -35,378
- -17,625
- Cash from Investing
- -193
- Cash from Financing
- 11,820
- -5,999
- Free Cash Flow
- -21,488
- OCF / Net Profit
- -2.93
- Cumulative 5-Year FCF
- -43,723
- OCF / Net Profit
- -2.93
- Cumulative 5-Year FCF
- -43,723
- -31,118
- Cash from Investing
- -258
- Cash from Financing
- 27,626
- -3,750
- Free Cash Flow
- -31,671
- OCF / Net Profit
- -4.33
- Cumulative 5-Year FCF
- -69,799
- OCF / Net Profit
- -4.33
- Cumulative 5-Year FCF
- -69,799
- -43,652
- Cash from Investing
- 3,661
- Cash from Financing
- 44,521
- 4,530
- Free Cash Flow
- -43,652
- OCF / Net Profit
- -4.63
- Cumulative 5-Year FCF
- -1,10,612
- OCF / Net Profit
- -4.63
- Cumulative 5-Year FCF
- -1,10,612
- -13,281
- Cash from Investing
- -243
- Cash from Financing
- 8,587
- -4,937
- Free Cash Flow
- -13,614
- OCF / Net Profit
- -1.33
- Cumulative 5-Year FCF
- -1,19,915
- OCF / Net Profit
- -1.33
- Cumulative 5-Year FCF
- -1,19,915
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 55.78 | 112.35 | 113.53 | 110.73 | 98.74 | 100.59 | 160.54 | 196.02 | 50.81 | 53.28 |
| Book Value (₹) | 499.32 | 603.41 | 703.58 | 799.64 | 858.19 | 964.60 | 1156.77 | 1300.58 | 300.08 | 350.23 |
| Dividend per Share (₹) | 10.00 | 11.00 | 12.00 | 5.00 | 18.00 | 20.00 | 35.00 | 45.00 | 9.90 | 10.80 |
| Cash EPS (₹) | 11.17 | 22.19 | 22.39 | 22.70 | 20.74 | 21.02 | 35.32 | 41.30 | 53.55 | 56.88 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 65.96% | 75.92% | 73.33% | 71.85% | 71.79% | 69.91% | 71.56% | 71.76% | 71.96% | 73.81% |
| Net Margin % | 11.61% | 18.91% | 16.51% | 15.11% | 14.28% | 14.06% | 19.72% | 20.57% | 22.53% | 20.78% |
| ROE % | 11.78% | 20.36% | 17.29% | 14.67% | 12.48% | 11.33% | 17.32% | 15.60% | 17.90% | 16.36% |
| ROCE % | 11.51% | 12.87% | 11.36% | 10.86% | 10.29% | 9.93% | 12.18% | 10.86% | 11.60% | 11.49% |
| 1.65% | 2.76% | 2.41% | 2.21% | 1.97% | 1.92% | 3.25% | 3.08% | 3.52% | 3.29% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 3 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 1 | 1 | 3 | 3 | 0 | 0 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 4.69x | 6.00x | 5.51x | 5.20x | 4.89x | 4.39x | 3.79x | 4.00x | 4.15x | 3.80x |
| Interest Coverage (x) | 1.37x | 1.61x | 1.50x | 1.41x | 1.36x | 1.36x | 1.63x | 1.65x | 1.67x | 1.62x |
| 1.04x | 0.74x | 0.65x | 1.99x | 7.14x | 6.90x | 2.79x | 0.20x | 0.45x | 0.18x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 5.25% | 23.52% | 15.31% | 6.61% | 5.22% | 10.53% | 58.28% | 14.72% | 19.65% | 15.06% |
| Operating Profit Growth % | 4.01% | 42.17% | 11.37% | 4.46% | 5.14% | 7.65% | 62.01% | 15.21% | 19.89% | 18.14% |
| Net Profit Growth % | 6.93% | 101.20% | 0.69% | -2.42% | -0.58% | 8.87% | 122.00% | 19.61% | 31.05% | 6.16% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 22.10% | -74.08% | 4.86% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.41x | 12.91x | 16.37x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.81x | 2.19x | 2.49x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.91% | 1.51% | 1.24% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.99x | 11.17x | 11.43x |
- EPS (₹)
- 55.78
- Book Value (₹)
- 499.32
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 11.17
- Operating Margin %
- 65.96%
- Net Margin %
- 11.61%
- ROE %
- 11.78%
- ROCE %
- 11.51%
- 1.65%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 4.69x
- Interest Coverage (x)
- 1.37x
- 1.04x
- Revenue Growth %
- 5.25%
- Operating Profit Growth %
- 4.01%
- Net Profit Growth %
- 6.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 112.35
- Book Value (₹)
- 603.41
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 22.19
- Operating Margin %
- 75.92%
- Net Margin %
- 18.91%
- ROE %
- 20.36%
- ROCE %
- 12.87%
- 2.76%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.00x
- Interest Coverage (x)
- 1.61x
- 0.74x
- Revenue Growth %
- 23.52%
- Operating Profit Growth %
- 42.17%
- Net Profit Growth %
- 101.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 113.53
- Book Value (₹)
- 703.58
- Dividend per Share (₹)
- 12.00
- Cash EPS (₹)
- 22.39
- Operating Margin %
- 73.33%
- Net Margin %
- 16.51%
- ROE %
- 17.29%
- ROCE %
- 11.36%
- 2.41%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 5.51x
- Interest Coverage (x)
- 1.50x
- 0.65x
- Revenue Growth %
- 15.31%
- Operating Profit Growth %
- 11.37%
- Net Profit Growth %
- 0.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 110.73
- Book Value (₹)
- 799.64
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 22.70
- Operating Margin %
- 71.85%
- Net Margin %
- 15.11%
- ROE %
- 14.67%
- ROCE %
- 10.86%
- 2.21%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 5.20x
- Interest Coverage (x)
- 1.41x
- 1.99x
- Revenue Growth %
- 6.61%
- Operating Profit Growth %
- 4.46%
- Net Profit Growth %
- -2.42%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 98.74
- Book Value (₹)
- 858.19
- Dividend per Share (₹)
- 18.00
- Cash EPS (₹)
- 20.74
- Operating Margin %
- 71.79%
- Net Margin %
- 14.28%
- ROE %
- 12.48%
- ROCE %
- 10.29%
- 1.97%
- Debtor Days
- 1
- Inventory Days
- 0
- Payable Days
- 0
- 1
- Debt to Equity (x)
- 4.89x
- Interest Coverage (x)
- 1.36x
- 7.14x
- Revenue Growth %
- 5.22%
- Operating Profit Growth %
- 5.14%
- Net Profit Growth %
- -0.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 100.59
- Book Value (₹)
- 964.60
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 21.02
- Operating Margin %
- 69.91%
- Net Margin %
- 14.06%
- ROE %
- 11.33%
- ROCE %
- 9.93%
- 1.92%
- Debtor Days
- 1
- Inventory Days
- 0
- Payable Days
- 0
- 1
- Debt to Equity (x)
- 4.39x
- Interest Coverage (x)
- 1.36x
- 6.90x
- Revenue Growth %
- 10.53%
- Operating Profit Growth %
- 7.65%
- Net Profit Growth %
- 8.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 160.54
- Book Value (₹)
- 1156.77
- Dividend per Share (₹)
- 35.00
- Cash EPS (₹)
- 35.32
- Operating Margin %
- 71.56%
- Net Margin %
- 19.72%
- ROE %
- 17.32%
- ROCE %
- 12.18%
- 3.25%
- Debtor Days
- 3
- Inventory Days
- 0
- Payable Days
- 0
- 3
- Debt to Equity (x)
- 3.79x
- Interest Coverage (x)
- 1.63x
- 2.79x
- Revenue Growth %
- 58.28%
- Operating Profit Growth %
- 62.01%
- Net Profit Growth %
- 122.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 196.02
- Book Value (₹)
- 1300.58
- Dividend per Share (₹)
- 45.00
- Cash EPS (₹)
- 41.30
- Operating Margin %
- 71.76%
- Net Margin %
- 20.57%
- ROE %
- 15.60%
- ROCE %
- 10.86%
- 3.08%
- Debtor Days
- 3
- Inventory Days
- 0
- Payable Days
- 0
- 3
- Debt to Equity (x)
- 4.00x
- Interest Coverage (x)
- 1.65x
- 0.20x
- Revenue Growth %
- 14.72%
- Operating Profit Growth %
- 15.21%
- Net Profit Growth %
- 19.61%
- 22.10%
- P/E (x)
- 2.41x
- P/B (x)
- 1.81x
- Dividend Yield %
- 1.91%
- 10.99x
- EPS (₹)
- 50.81
- Book Value (₹)
- 300.08
- Dividend per Share (₹)
- 9.90
- Cash EPS (₹)
- 53.55
- Operating Margin %
- 71.96%
- Net Margin %
- 22.53%
- ROE %
- 17.90%
- ROCE %
- 11.60%
- 3.52%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 4.15x
- Interest Coverage (x)
- 1.67x
- 0.45x
- Revenue Growth %
- 19.65%
- Operating Profit Growth %
- 19.89%
- Net Profit Growth %
- 31.05%
- -74.08%
- P/E (x)
- 12.91x
- P/B (x)
- 2.19x
- Dividend Yield %
- 1.51%
- 11.17x
- EPS (₹)
- 53.28
- Book Value (₹)
- 350.23
- Dividend per Share (₹)
- 10.80
- Cash EPS (₹)
- 56.88
- Operating Margin %
- 73.81%
- Net Margin %
- 20.78%
- ROE %
- 16.36%
- ROCE %
- 11.49%
- 3.29%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 3.80x
- Interest Coverage (x)
- 1.62x
- 0.18x
- Revenue Growth %
- 15.06%
- Operating Profit Growth %
- 18.14%
- Net Profit Growth %
- 6.16%
- 4.86%
- P/E (x)
- 16.37x
- P/B (x)
- 2.49x
- Dividend Yield %
- 1.24%
- 11.43x
Documents
Announcements
- General Updates
2026-08-14 - Shriram Finance Limited has informed the Exchange about ESG Rating by NSE Sustainability Ratings & Analytics Limited
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-13 - Shriram Finance Limited has informed the Exchange about Schedule of meet
Annual Reports
Credit Ratings
- Credit Rating- Revision
2026-05-09 - Shriram Finance Limited has informed the Exchange about Credit Rating- Revision
- Credit Rating- Revision
2026-04-14 - Shriram Finance Limited has informed the Exchange that Fitch Ratings has upgraded the Company's Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) to BBB- and Short-Term (IDR) to F3
- Credit Rating- Revision
2026-04-10 - Shriram Finance Limited has informed the Exchange that India Ratings and Research has upgraded the Company and Its Long term debt instrument ratings to IND AAA/Stable
Concalls
Jul 2026
May 2026
Apr 2026

