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%
- Latest quarter profit grew 59.8% 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 11.5%
- Free cash flow has been persistently negative
- Thin net interest margin of 0.0%
* 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 | 1095.15 | 33.58 | 681835.39 | 0.55 | 6080.60 | 27.60 | 23165.45 | 20.37 | 10.87 | 70.70 |
| 2. | SHRIRAMFIN | 1125.05 | 23.39 | 264722.41 | 0.96 | 3452.77 | 59.90 | 13400.43 | 17.46 | 11.49 | 74.63 |
| 3. | CHOLAFIN | 1910.00 | 28.36 | 163126.61 | 0.10 | 1656.22 | 45.56 | 8856.29 | 21.89 | 9.70 | 70.07 |
| 4. | JIOFIN | 244.95 | 78.27 | 161743.95 | 0.24 | 830.25 | 155.73 | 2004.47 | 227.28 | 2.11 | 69.71 |
| 5. | TATACAP | 365.60 | 28.72 | 155192.41 | 0.16 | 16281.80 | 1464.16 | 88219.30 | 1051.00 | 8.66 | 75.72 |
| 6. | BAJAJHLDNG | 11353.35 | 14.27 | 126355.42 | 1.72 | 2708.08 | -92.27 | 394.33 | 23.34 | 14.81 | 684.72 |
| 7. | MUTHOOTFIN | 2972.00 | 10.49 | 119316.43 | 1.01 | 2824.84 | 43.08 | 8671.60 | 36.25 | 15.87 | 83.76 |
| 8. | ABCAPITAL | 408.00 | 27.21 | 111671.47 | 0.00 | 1223.85 | 43.85 | 12179.54 | 137.84 | 8.82 | 41.91 |
| 9. | LTF | 314.90 | 24.80 | 78915.38 | 0.87 | 915.99 | 30.70 | 5212.92 | 22.38 | 8.54 | 62.13 |
| 10. | SBICARD | 646.05 | 0.00 | 61480.86 | 0.39 | 664.44 | 19.51 | 5040.55 | 7.60 | 11.75 | 29.83 |
| 11. | HDBFS | 691.85 | 26.41 | 57468.10 | 0.58 | 785.20 | 38.31 | 4937.90 | 18.71 | 9.09 | 57.98 |
| 12. | M&MFIN | 382.45 | 16.34 | 53159.45 | 1.96 | 927.48 | 75.34 | 5717.91 | 23.09 | 8.63 | 64.82 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 11,756 | 12,028 | 12,302 | 13,394 | |
| 2,141 | 2,454 | 2,634 | 2,712 | 2,661 | 2,836 | 3,033 | 3,293 | 3,061 | 3,107 | 3,396 | 3,102 | 8,790 | |
| 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 | 4,416 | 2,772 | 2,907 | 3,110 | 3,360 | 3,915 | 4,622 | |
| Tax % | 25.46% | 25.57% | 25.47% | 26.41% | 25.73% | 24.72% | 19.16% | 22.82% | 25.84% | 25.81% | 24.95% | 23.03% | 25.48% |
| Net Profit | 1,675 | 1,751 | 1,818 | 1,946 | 1,981 | 2,071 | 3,570 | 2,139 | 2,156 | 2,307 | 2,522 | 3,014 | 3,445 |
| 45 | 47 | 10 | 10 | 11 | 11 | 19 | 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
- 1,675
- 45
- 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
- 1,751
- 47
- 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
- 1,818
- 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
- 1,946
- 10
- 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
- 1,981
- 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
- 2,071
- 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
- 4,416
- Tax %
- 19.16%
- Net Profit
- 3,570
- 19
- 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
- 2,139
- 11
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 11,408
- 3,061
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 5,401
- Depreciation
- 173
- 2,907
- Tax %
- 25.84%
- Net Profit
- 2,156
- 11
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 11,756
- 3,107
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 5,525
- Depreciation
- 174
- 3,110
- Tax %
- 25.81%
- Net Profit
- 2,307
- 12
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 12,028
- 3,396
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 5,259
- Depreciation
- 177
- 3,360
- Tax %
- 24.95%
- Net Profit
- 2,522
- 13
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 12,302
- 3,102
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 5,336
- Depreciation
- 175
- 3,915
- Tax %
- 23.03%
- Net Profit
- 3,014
- 16
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 376
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 13,394
- 8,790
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 5,204
- Depreciation
- 183
- 4,622
- Tax %
- 25.48%
- Net Profit
- 3,445
- 1
- Equity Capital
- 471
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 471
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,829 | 13,304 | 15,529 | 16,555 | 17,420 | 19,255 | 29,772 | 34,964 | 41,834 | 48,118 | 49,480 | |
| 3,653 | 3,252 | 4,245 | 4,681 | 4,940 | 5,818 | 8,491 | 9,875 | 11,732 | 12,599 | 18,395 | |
| Operating Profit | 7,178 | 10,116 | 11,387 | 11,895 | 12,506 | 13,462 | 21,312 | 25,128 | 30,127 | 35,585 | — |
| OPM % | 66 | 76 | 73 | 72 | 72 | 70 | 72 | 72 | 72 | 74 | — |
| Other Income | 2 | 63 | 103 | 21 | 26 | 25 | 31 | 38 | 25 | 66 | 72 |
| Interest | 5,220 | 6,417 | 7,566 | 8,315 | 9,091 | 9,777 | 12,603 | 14,876 | 18,532 | 21,594 | 21,324 |
| Depreciation | 34 | 36 | 43 | 141 | 137 | 135 | 524 | 569 | 645 | 699 | 708 |
| 1,924 | 3,802 | 3,778 | 3,439 | 3,278 | 3,549 | 8,185 | 9,684 | 12,606 | 13,292 | 15,008 | |
| Tax % | 35 | 35 | 32 | 27 | 24 | 24 | 27 | 26 | 23 | 25 | 25 |
| Net Profit | 1,257 | 2,461 | 2,564 | 2,502 | 2,487 | 2,708 | 5,979 | 7,190 | 9,761 | 9,998 | 11,287 |
| EPS | 55 | 108 | 113 | 107 | 101 | 102 | 159 | 191 | 52 | 53 | — |
| Dividend Payout % | 18 | 10 | 11 | 5 | 18 | 20 | 22 | 24 | 19 | 20 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 11 | 21 | 22 | 21 | 20 | 20 | 32 | 38 | 52 | 53 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 11 | 21 | 22 | 21 | 20 | 20 | 32 | 38 | 52 | 53 | — |
- 10,829
- 3,653
- Operating Profit
- 7,178
- OPM %
- 66
- Other Income
- 2
- Interest
- 5,220
- Depreciation
- 34
- 1,924
- Tax %
- 35
- Net Profit
- 1,257
- EPS
- 55
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- 13,304
- 3,252
- Operating Profit
- 10,116
- OPM %
- 76
- Other Income
- 63
- Interest
- 6,417
- Depreciation
- 36
- 3,802
- Tax %
- 35
- Net Profit
- 2,461
- EPS
- 108
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- 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
- 113
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- 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
- 107
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- 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
- 0
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- 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
- 0
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
- 29,772
- 8,491
- Operating Profit
- 21,312
- OPM %
- 72
- Other Income
- 31
- Interest
- 12,603
- Depreciation
- 524
- 8,185
- Tax %
- 27
- Net Profit
- 5,979
- EPS
- 159
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- 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
- 191
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 38
- 41,834
- 11,732
- Operating Profit
- 30,127
- OPM %
- 72
- Other Income
- 25
- Interest
- 18,532
- Depreciation
- 645
- 12,606
- Tax %
- 23
- Net Profit
- 9,761
- EPS
- 52
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 52
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 52
- 48,118
- 12,599
- Operating Profit
- 35,585
- OPM %
- 74
- Other Income
- 66
- Interest
- 21,594
- Depreciation
- 699
- 13,292
- Tax %
- 25
- Net Profit
- 9,998
- EPS
- 53
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 53
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 53
- 49,480
- 18,395
- Operating Profit
- —
- OPM %
- —
- Other Income
- 72
- Interest
- 21,324
- Depreciation
- 708
- 15,008
- Tax %
- 25
- Net Profit
- 11,287
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 17%
- 5 Years:
- 23%
- 3 Years:
- 17%
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:
- 82%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 16%
- 3 Years:
- 17%
- Last Year:
- 16%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 11,075 | 13,349 | 15,609 | 17,778 | 21,315 | 25,662 | 42,737 | 48,122 | 55,862 | 65,308 | |
| 15,684 | 5,199 | 4,948 | 2,056 | 717 | 484 | 459 | 61,924 | 65,074 | 76,797 | |
| Trade Payables | 134 | 220 | 133 | 144 | 153 | 166 | 293 | 212 | 299 | 332 |
| 52,889 | 85,035 | 87,211 | 97,850 | 1,11,856 | 1,20,925 | 1,71,128 | 1,23,759 | 1,68,503 | 1,74,078 | |
| Total Liabilities | 80,010 | 1,04,029 | 1,08,129 | 1,18,055 | 1,34,294 | 1,47,507 | 2,14,992 | 2,34,392 | 2,90,113 | 3,16,892 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 84 | 120 | 145 | 487 | 435 | 416 | 3,324 | 3,286 | 2,914 | 2,635 | |
| 1,549 | 2,341 | 3,999 | 2,798 | 3,198 | 6,809 | 8,565 | 10,657 | 15,599 | 14,783 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52 | 51 | 52 | |
| Cash & Bank | 4,441 | 3,675 | 3,981 | 7,315 | 16,442 | 16,355 | 15,817 | 7,597 | 20,968 | 7,795 |
| 73,936 | 97,894 | 1,00,003 | 1,07,454 | 1,14,219 | 1,23,927 | 1,87,286 | 2,12,801 | 2,50,582 | 2,91,627 | |
| Total Assets | 80,010 | 1,04,029 | 1,08,129 | 1,18,055 | 1,34,294 | 1,47,507 | 2,14,992 | 2,34,392 | 2,90,113 | 3,16,892 |
| Total Debt | 53,110 | 82,131 | 87,914 | 94,372 | 1,06,196 | 1,14,497 | 1,57,906 | 1,85,841 | 2,34,197 | 2,50,690 |
| Net Working Capital | 975 | -2,820 | -2,169 | 4,524 | 14,503 | 15,020 | 14,417 | -52,932 | -42,125 | -68,244 |
| Contingent Liabilities | 2,030 | 2,727 | 401 | 582 | 2,232 | 2,274 | 2,122 | 2,127 | 2,992 | 3,248 |
| Book Value per Share | 498.02 | 598.35 | 698.00 | 793.60 | 852.30 | 958.61 | 1151.40 | 1290.56 | 299.07 | 349.10 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 |
| Total Debt | 53,110 | 82,131 | 87,914 | 94,372 | 1,06,196 | 1,14,497 | 1,57,906 | 1,85,841 | 2,34,197 | 2,50,690 |
| Net Working Capital | 975 | -2,820 | -2,169 | 4,524 | 14,503 | 15,020 | 14,417 | -52,932 | -42,125 | -68,244 |
| Contingent Liabilities | 2,030 | 2,727 | 401 | 582 | 2,232 | 2,274 | 2,122 | 2,127 | 2,992 | 3,248 |
| Book Value per Share | 498.02 | 598.35 | 698.00 | 793.60 | 852.30 | 958.61 | 1151.40 | 1290.56 | 299.07 | 349.10 |
| 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
- 11,075
- 15,684
- Trade Payables
- 134
- 52,889
- Total Liabilities
- 80,010
- 84
- 1,549
- 0
- Cash & Bank
- 4,441
- 73,936
- Total Assets
- 80,010
- Total Debt
- 53,110
- Net Working Capital
- 975
- Contingent Liabilities
- 2,030
- Book Value per Share
- 498.02
- Face Value
- 10.00
- Total Debt
- 53,110
- Net Working Capital
- 975
- Contingent Liabilities
- 2,030
- Book Value per Share
- 498.02
- Face Value
- 10.00
- Equity Capital
- 227
- 13,349
- 5,199
- Trade Payables
- 220
- 85,035
- Total Liabilities
- 1,04,029
- 120
- 2,341
- 0
- Cash & Bank
- 3,675
- 97,894
- Total Assets
- 1,04,029
- Total Debt
- 82,131
- Net Working Capital
- -2,820
- Contingent Liabilities
- 2,727
- Book Value per Share
- 598.35
- Face Value
- 10.00
- Total Debt
- 82,131
- Net Working Capital
- -2,820
- Contingent Liabilities
- 2,727
- Book Value per Share
- 598.35
- Face Value
- 10.00
- Equity Capital
- 227
- 15,609
- 4,948
- Trade Payables
- 133
- 87,211
- Total Liabilities
- 1,08,129
- 145
- 3,999
- 0
- Cash & Bank
- 3,981
- 1,00,003
- Total Assets
- 1,08,129
- Total Debt
- 87,914
- Net Working Capital
- -2,169
- Contingent Liabilities
- 401
- Book Value per Share
- 698.00
- Face Value
- 10.00
- Total Debt
- 87,914
- Net Working Capital
- -2,169
- Contingent Liabilities
- 401
- Book Value per Share
- 698.00
- Face Value
- 10.00
- Equity Capital
- 227
- 17,778
- 2,056
- Trade Payables
- 144
- 97,850
- Total Liabilities
- 1,18,055
- 487
- 2,798
- 0
- Cash & Bank
- 7,315
- 1,07,454
- Total Assets
- 1,18,055
- Total Debt
- 94,372
- Net Working Capital
- 4,524
- Contingent Liabilities
- 582
- Book Value per Share
- 793.60
- Face Value
- 10.00
- Total Debt
- 94,372
- Net Working Capital
- 4,524
- Contingent Liabilities
- 582
- Book Value per Share
- 793.60
- Face Value
- 10.00
- Equity Capital
- 253
- 21,315
- 717
- Trade Payables
- 153
- 1,11,856
- Total Liabilities
- 1,34,294
- 435
- 3,198
- 0
- Cash & Bank
- 16,442
- 1,14,219
- Total Assets
- 1,34,294
- Total Debt
- 1,06,196
- Net Working Capital
- 14,503
- Contingent Liabilities
- 2,232
- Book Value per Share
- 852.30
- Face Value
- 10.00
- Total Debt
- 1,06,196
- Net Working Capital
- 14,503
- Contingent Liabilities
- 2,232
- Book Value per Share
- 852.30
- Face Value
- 10.00
- Equity Capital
- 271
- 25,662
- 484
- Trade Payables
- 166
- 1,20,925
- Total Liabilities
- 1,47,507
- 416
- 6,809
- 0
- Cash & Bank
- 16,355
- 1,23,927
- Total Assets
- 1,47,507
- Total Debt
- 1,14,497
- Net Working Capital
- 15,020
- Contingent Liabilities
- 2,274
- Book Value per Share
- 958.61
- Face Value
- 10.00
- Total Debt
- 1,14,497
- Net Working Capital
- 15,020
- Contingent Liabilities
- 2,274
- Book Value per Share
- 958.61
- Face Value
- 10.00
- Equity Capital
- 374
- 42,737
- 459
- Trade Payables
- 293
- 1,71,128
- Total Liabilities
- 2,14,992
- 3,324
- 8,565
- 0
- Cash & Bank
- 15,817
- 1,87,286
- Total Assets
- 2,14,992
- Total Debt
- 1,57,906
- Net Working Capital
- 14,417
- Contingent Liabilities
- 2,122
- Book Value per Share
- 1151.40
- Face Value
- 10.00
- Total Debt
- 1,57,906
- Net Working Capital
- 14,417
- Contingent Liabilities
- 2,122
- Book Value per Share
- 1151.40
- Face Value
- 10.00
- Equity Capital
- 376
- 48,122
- 61,924
- Trade Payables
- 212
- 1,23,759
- Total Liabilities
- 2,34,392
- 3,286
- 10,657
- 52
- Cash & Bank
- 7,597
- 2,12,801
- Total Assets
- 2,34,392
- Total Debt
- 1,85,841
- Net Working Capital
- -52,932
- Contingent Liabilities
- 2,127
- Book Value per Share
- 1290.56
- Face Value
- 10.00
- Total Debt
- 1,85,841
- Net Working Capital
- -52,932
- Contingent Liabilities
- 2,127
- Book Value per Share
- 1290.56
- Face Value
- 10.00
- Equity Capital
- 376
- 55,862
- 65,074
- Trade Payables
- 299
- 1,68,503
- Total Liabilities
- 2,90,113
- 2,914
- 15,599
- 51
- Cash & Bank
- 20,968
- 2,50,582
- Total Assets
- 2,90,113
- Total Debt
- 2,34,197
- Net Working Capital
- -42,125
- Contingent Liabilities
- 2,992
- Book Value per Share
- 299.07
- Face Value
- 2.00
- Total Debt
- 2,34,197
- Net Working Capital
- -42,125
- Contingent Liabilities
- 2,992
- Book Value per Share
- 299.07
- Face Value
- 2.00
- Equity Capital
- 376
- 65,308
- 76,797
- Trade Payables
- 332
- 1,74,078
- Total Liabilities
- 3,16,892
- 2,635
- 14,783
- 52
- Cash & Bank
- 7,795
- 2,91,627
- Total Assets
- 3,16,892
- Total Debt
- 2,50,690
- Net Working Capital
- -68,244
- Contingent Liabilities
- 3,248
- Book Value per Share
- 349.10
- Face Value
- 2.00
- Total Debt
- 2,50,690
- Net Working Capital
- -68,244
- Contingent Liabilities
- 3,248
- Book Value per Share
- 349.10
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2,707 | -13,160 | -5,535 | -2,464 | -4,239 | -8,859 | -15,841 | -27,670 | -42,275 | -12,981 | |
| Cash from Investing | -1 | 103 | -76 | -55 | -25 | -34 | -180 | -238 | 3,678 | -544 |
| Cash from Financing | 3,046 | 13,017 | 5,550 | 4,579 | 12,226 | 8,505 | 9,647 | 24,416 | 43,265 | 8,585 |
| 338 | -40 | -62 | 2,060 | 7,962 | -388 | -6,375 | -3,492 | 4,668 | -4,940 | |
| Free Cash Flow | -2,716 | -13,160 | -5,585 | -2,839 | -4,311 | -9,042 | -19,662 | -28,160 | -42,365 | -13,314 |
| OCF / Net Profit | -2.15 | -5.35 | -2.16 | -0.98 | -1.70 | -3.27 | -2.65 | -3.85 | -4.33 | -1.30 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -28,611 | -34,937 | -41,439 | -64,014 | -1,03,540 | -1,12,542 |
| OCF / Net Profit | -2.15 | -5.35 | -2.16 | -0.98 | -1.70 | -3.27 | -2.65 | -3.85 | -4.33 | -1.30 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -28,611 | -34,937 | -41,439 | -64,014 | -1,03,540 | -1,12,542 |
- -2,707
- Cash from Investing
- -1
- Cash from Financing
- 3,046
- 338
- Free Cash Flow
- -2,716
- OCF / Net Profit
- -2.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.15
- Cumulative 5-Year FCF
- 0
- -13,160
- Cash from Investing
- 103
- Cash from Financing
- 13,017
- -40
- Free Cash Flow
- -13,160
- OCF / Net Profit
- -5.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -5.35
- Cumulative 5-Year FCF
- 0
- -5,535
- Cash from Investing
- -76
- Cash from Financing
- 5,550
- -62
- Free Cash Flow
- -5,585
- 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
- -28,611
- OCF / Net Profit
- -1.70
- Cumulative 5-Year FCF
- -28,611
- -8,859
- Cash from Investing
- -34
- Cash from Financing
- 8,505
- -388
- Free Cash Flow
- -9,042
- OCF / Net Profit
- -3.27
- Cumulative 5-Year FCF
- -34,937
- OCF / Net Profit
- -3.27
- Cumulative 5-Year FCF
- -34,937
- -15,841
- Cash from Investing
- -180
- Cash from Financing
- 9,647
- -6,375
- Free Cash Flow
- -19,662
- OCF / Net Profit
- -2.65
- Cumulative 5-Year FCF
- -41,439
- OCF / Net Profit
- -2.65
- Cumulative 5-Year FCF
- -41,439
- -27,670
- Cash from Investing
- -238
- Cash from Financing
- 24,416
- -3,492
- Free Cash Flow
- -28,160
- OCF / Net Profit
- -3.85
- Cumulative 5-Year FCF
- -64,014
- OCF / Net Profit
- -3.85
- Cumulative 5-Year FCF
- -64,014
- -42,275
- Cash from Investing
- 3,678
- Cash from Financing
- 43,265
- 4,668
- Free Cash Flow
- -42,365
- OCF / Net Profit
- -4.33
- Cumulative 5-Year FCF
- -1,03,540
- OCF / Net Profit
- -4.33
- Cumulative 5-Year FCF
- -1,03,540
- -12,981
- Cash from Investing
- -544
- Cash from Financing
- 8,585
- -4,940
- Free Cash Flow
- -13,314
- OCF / Net Profit
- -1.30
- Cumulative 5-Year FCF
- -1,12,542
- OCF / Net Profit
- -1.30
- Cumulative 5-Year FCF
- -1,12,542
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 55.42 | 108.45 | 113.01 | 110.27 | 98.29 | 100.10 | 159.69 | 191.34 | 51.91 | 53.14 |
| Book Value (₹) | 498.02 | 598.35 | 698.00 | 793.60 | 852.30 | 958.61 | 1151.40 | 1290.56 | 299.07 | 349.10 |
| 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 (₹) | 11.09 | 21.44 | 22.39 | 22.70 | 20.74 | 21.02 | 34.74 | 41.30 | 55.34 | 56.85 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 66.29% | 76.03% | 73.33% | 71.85% | 71.79% | 69.91% | 71.59% | 71.76% | 71.96% | 73.82% |
| Net Margin % | 11.61% | 18.49% | 16.51% | 15.11% | 14.28% | 14.06% | 20.08% | 20.57% | 23.33% | 20.78% |
| ROE % | 11.73% | 19.78% | 17.44% | 14.79% | 12.57% | 11.40% | 17.32% | 15.70% | 18.64% | 16.40% |
| ROCE % | 11.49% | 12.76% | 11.38% | 10.88% | 10.30% | 9.94% | 12.17% | 11.28% | 11.86% | 11.50% |
| 1.64% | 2.67% | 2.42% | 2.21% | 1.97% | 1.92% | 3.30% | 3.20% | 3.72% | 3.29% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 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 | 2 | 2 | 0 | 0 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 4.70x | 6.05x | 5.55x | 5.24x | 4.92x | 4.42x | 3.66x | 3.83x | 4.16x | 3.82x |
| Interest Coverage (x) | 1.37x | 1.59x | 1.50x | 1.41x | 1.36x | 1.36x | 1.65x | 1.65x | 1.68x | 1.62x |
| 1.04x | 0.75x | 0.65x | 1.97x | 7.14x | 6.90x | 2.76x | 0.17x | 0.37x | 0.15x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 5.24% | 22.86% | 16.72% | 6.61% | 5.22% | 10.53% | 54.62% | 17.44% | 19.65% | 15.02% |
| Operating Profit Growth % | 3.95% | 40.93% | 12.57% | 4.46% | 5.14% | 7.65% | 58.32% | 17.90% | 19.89% | 18.12% |
| Net Profit Growth % | 6.72% | 95.69% | 4.20% | -2.42% | -0.58% | 8.87% | 120.81% | 20.26% | 35.75% | 2.43% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 19.82% | -72.87% | 2.37% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.47x | 12.63x | 16.41x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.83x | 2.19x | 2.50x |
| 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 | 10.62x | 11.17x | 11.44x |
- EPS (₹)
- 55.42
- Book Value (₹)
- 498.02
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 11.09
- Operating Margin %
- 66.29%
- Net Margin %
- 11.61%
- ROE %
- 11.73%
- ROCE %
- 11.49%
- 1.64%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 4.70x
- Interest Coverage (x)
- 1.37x
- 1.04x
- Revenue Growth %
- 5.24%
- Operating Profit Growth %
- 3.95%
- Net Profit Growth %
- 6.72%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 108.45
- Book Value (₹)
- 598.35
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 21.44
- Operating Margin %
- 76.03%
- Net Margin %
- 18.49%
- ROE %
- 19.78%
- ROCE %
- 12.76%
- 2.67%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.05x
- Interest Coverage (x)
- 1.59x
- 0.75x
- Revenue Growth %
- 22.86%
- Operating Profit Growth %
- 40.93%
- Net Profit Growth %
- 95.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 113.01
- Book Value (₹)
- 698.00
- Dividend per Share (₹)
- 12.00
- Cash EPS (₹)
- 22.39
- Operating Margin %
- 73.33%
- Net Margin %
- 16.51%
- ROE %
- 17.44%
- ROCE %
- 11.38%
- 2.42%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 5.55x
- Interest Coverage (x)
- 1.50x
- 0.65x
- Revenue Growth %
- 16.72%
- Operating Profit Growth %
- 12.57%
- Net Profit Growth %
- 4.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 110.27
- Book Value (₹)
- 793.60
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 22.70
- Operating Margin %
- 71.85%
- Net Margin %
- 15.11%
- ROE %
- 14.79%
- ROCE %
- 10.88%
- 2.21%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 5.24x
- Interest Coverage (x)
- 1.41x
- 1.97x
- 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 (₹)
- 98.29
- Book Value (₹)
- 852.30
- Dividend per Share (₹)
- 18.00
- Cash EPS (₹)
- 20.74
- Operating Margin %
- 71.79%
- Net Margin %
- 14.28%
- ROE %
- 12.57%
- ROCE %
- 10.30%
- 1.97%
- Debtor Days
- 1
- Inventory Days
- 0
- Payable Days
- 0
- 1
- Debt to Equity (x)
- 4.92x
- 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 (₹)
- 100.10
- Book Value (₹)
- 958.61
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 21.02
- Operating Margin %
- 69.91%
- Net Margin %
- 14.06%
- ROE %
- 11.40%
- ROCE %
- 9.94%
- 1.92%
- Debtor Days
- 1
- Inventory Days
- 0
- Payable Days
- 0
- 1
- Debt to Equity (x)
- 4.42x
- 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 (₹)
- 159.69
- Book Value (₹)
- 1151.40
- Dividend per Share (₹)
- 35.00
- Cash EPS (₹)
- 34.74
- Operating Margin %
- 71.59%
- Net Margin %
- 20.08%
- ROE %
- 17.32%
- ROCE %
- 12.17%
- 3.30%
- Debtor Days
- 2
- Inventory Days
- 0
- Payable Days
- 0
- 2
- Debt to Equity (x)
- 3.66x
- Interest Coverage (x)
- 1.65x
- 2.76x
- Revenue Growth %
- 54.62%
- Operating Profit Growth %
- 58.32%
- Net Profit Growth %
- 120.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 191.34
- Book Value (₹)
- 1290.56
- Dividend per Share (₹)
- 45.00
- Cash EPS (₹)
- 41.30
- Operating Margin %
- 71.76%
- Net Margin %
- 20.57%
- ROE %
- 15.70%
- ROCE %
- 11.28%
- 3.20%
- Debtor Days
- 2
- Inventory Days
- 0
- Payable Days
- 0
- 2
- Debt to Equity (x)
- 3.83x
- Interest Coverage (x)
- 1.65x
- 0.17x
- Revenue Growth %
- 17.44%
- Operating Profit Growth %
- 17.90%
- Net Profit Growth %
- 20.26%
- 19.82%
- P/E (x)
- 2.47x
- P/B (x)
- 1.83x
- Dividend Yield %
- 1.91%
- 10.62x
- EPS (₹)
- 51.91
- Book Value (₹)
- 299.07
- Dividend per Share (₹)
- 9.90
- Cash EPS (₹)
- 55.34
- Operating Margin %
- 71.96%
- Net Margin %
- 23.33%
- ROE %
- 18.64%
- ROCE %
- 11.86%
- 3.72%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 4.16x
- Interest Coverage (x)
- 1.68x
- 0.37x
- Revenue Growth %
- 19.65%
- Operating Profit Growth %
- 19.89%
- Net Profit Growth %
- 35.75%
- -72.87%
- P/E (x)
- 12.63x
- P/B (x)
- 2.19x
- Dividend Yield %
- 1.51%
- 11.17x
- EPS (₹)
- 53.14
- Book Value (₹)
- 349.10
- Dividend per Share (₹)
- 10.80
- Cash EPS (₹)
- 56.85
- Operating Margin %
- 73.82%
- Net Margin %
- 20.78%
- ROE %
- 16.40%
- ROCE %
- 11.50%
- 3.29%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 3.82x
- Interest Coverage (x)
- 1.62x
- 0.15x
- Revenue Growth %
- 15.02%
- Operating Profit Growth %
- 18.12%
- Net Profit Growth %
- 2.43%
- 2.37%
- P/E (x)
- 16.41x
- P/B (x)
- 2.50x
- Dividend Yield %
- 1.24%
- 11.44x
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018
2026-08-21 - Shriram Finance Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
- General Updates
2026-08-14 - Shriram Finance Limited has informed the Exchange about ESG Rating by NSE Sustainability Ratings & Analytics Limited
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

