SHRIRAMFIN · NSE
Shriram Finance Limited
₹1,010
+1.51% (+₹15)
Prev. close
₹995
Volume
48,70,631
Delivery %
70.5%
As of
18 Sept 2026
Price history
Chandan Taparia · Motilal Oswal Financial Services Ltd · 11 Aug 2026
“Recommends buying Shriram Finance with a target of ₹1,205 and a stoploss at ₹1,100. The stock has achieved a cup and handle breakout on the daily chart, sustaining at higher levels with strong volumes, indicating robust bullish momentum and a positive outlook.”
Entry ≈ ₹1,135.8 (first trade after call)Target ₹1,205 (+6.1%)Stop ₹1,100 (-3.2%)R:R ~1.9:1Stopped out · 18 Aug 2026
Analyst sentiment
Analysts lean bullish
5 analyst stances · last 90 days · one per analyst
Trackable
4 · 4 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
1 · 1 bull / 0 neutral / 0 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Recommends buying Shriram Finance at ₹1038 with a target of ₹1100 and a stop loss at ₹1015, indicating a bullish outlook…” | Vaishali ParekhPrabhudas Lilladher | Shriram Finance | PENDING | ||||
| “Bullish on Shriram Finance, with a target price of ₹1,210, implying 8% upside. The brokerage expects strong earnings gro…” | Jefferies AnalysisJefferies | Shriram Finance | PENDING | ||||
| “Recommends buying Shriram Finance with a target of ₹1,205 and a stoploss at ₹1,100. The stock has achieved a cup and han…” | Chandan TapariaMotilal Oswal Financial Services Ltd | Shriram Finance | PENDING | ||||
“Recommends buying Shriram Finance with a target of ₹1,205 and a stoploss at ₹1,100. The stock has achieved a cup and handle breakout on the daily chart, sustaining at higher levels with strong volumes, indicating robust bullish momentum and a positive outlook.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
| “Recommends buying Shriram Finance for intraday trading at ₹1141, targeting ₹1180 with a stop loss at ₹1120.” | Vaishali ParekhPrabhudas Lilladher | Shriram Finance | NOT GRADED | ||||
| “Recommends buying Shriram Finance with a target price of ₹1,150 and a stop-loss at ₹1,060. The stock is in an overall up…” | Chandan TapariaMotilal Oswal Financial Services Ltd | Shriram Finance | PENDING | ||||
| “Recommends buying Shriram Finance in the range of ₹1,038-1,060, setting a target price of ₹1,134 with a stop loss at ₹1,…” | Dharmesh ShahICICI Securities | Shriram Finance | NOT GRADED | ||||
| “Bullish on Shriram Finance, recommending a buy at ₹1,038–1,060 with a target of ₹1,134 and a stop-loss at ₹1,008. The st…” | Dharmesh ShahICICI Securities | Shriram Finance | NOT GRADED | ||||
Market commentary · 1 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on Shriram Finance with a target price of ₹1,230, implying a 16% upside. Q1FY27 disbursements are estimated at ₹…” | Motilal Oswal AnalysisMotilal Oswal Financial Services | Shriram Finance | NOT GRADED |
Fundamentals
About Shriram Finance Limited
Shriram Finance Limited, a non-banking finance company, provides financing services in India. It offers fixed and recurring deposits; commercial vehicle loans for commercial goods vehicles, passenger commercial vehicles, tractors and farm equipment, and construction equipment; two-wheeler, gold, used car loan, and personal loans; and green finance services. The company also provides business loans, such as MSME loans; working capital loans, including tyre, tax, fuel, toll financing, repair/top-up loans, fuel finance, challan discounting and vehicle insurance premium loans; motor insurance, including four-wheeler, two-wheeler, passenger and goods carrying vehicle insurance products; non motor insurance products, such as personal accident, shri criti care, and home insurance; and life insurance products comprising savings, retirement, child, protection plans, as well as recharges, including mobile recharge, mobile postpaid, landline postpaid, DTH, and FASTag recharge services. In addition, it offers utilities and bills services, such as electricity, LPG gas, gas bill payment, broadband postpaid, water, and cable tv; financial services and taxes comprising credit card, loan repayment, insurance, municipal services, and recurring deposit; and other services, such as housing society, clubs and associations, and education fees. It serves first time buyers, small road transport operators, commercial vehicles operators, micro, small, and medium enterprises (MSMEs), and individuals. The company was formerly known as Shriram Transport Finance Company Limited and changed its name to Shriram Finance Limited in November 2022. Shriram Finance Limited was incorporated in 1979 and is based in Mumbai, India.
Details
Sector
Financial Services
Industry
Credit Services
CEO
Mr. Parag Sharma
Headquarters
Mumbai
Employees
78,902
Website
shriramfinance.inExchange
View on NSE ↗Key stats
Market cap
₹2.34 L Cr
P/E ratio (TTM)
17.6
Dividend yield
1.41%
EPS (TTM)
₹56.59
Beta (1Y · daily vs NIFTY 50)
1.99
Beta (5Y · monthly vs NIFTY 50)
1.13
Shares float
176.70 Cr
EPS · quarter ended Jun 2026
₹14.85
Upcoming earnings
30 Oct 2026
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹17,420.45 Cr | ₹19,255.17 Cr | ₹16,930.99 Cr | ₹19,083.40 Cr | ₹21,987.26 Cr | ₹25,034.27 Cr | |
| EBITDA | ₹12,469.63 Cr | ₹13,418.93 Cr | ₹21,745.68 Cr | — | ₹31,602.81 Cr | ₹35,520.11 Cr |
| ₹2,498.83 Cr | ₹2,721.10 Cr | ₹6,011.04 Cr | ₹7,366.38 Cr | ₹9,553.82 Cr | ₹10,024.16 Cr | |
| Diluted EPS | ₹20.29 | ₹20.45 | ₹31.97 | ₹39.14 | ₹50.75 | ₹53.25 |
EBITDA has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Earnings per share for periods ending before 2025-01-10 are restated for the 2025-01-10 stock split (Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share), so they differ from the figures printed in those years' own annual reports.
EBITDA for at least one year shown could not be independently verified against the company's own annual report — the two sources disagree for at least one overlapping year, so the year(s) this deck cannot verify are left blank rather than shown with an unverified number.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1.30 L Cr | ₹1.42 L Cr | ₹2.11 L Cr | ₹2.48 L Cr | ₹2.94 L Cr | ₹3.21 L Cr | |
| ₹45,630.86 Cr | ₹47,026.36 Cr | ₹79,146.83 Cr | ₹1.00 L Cr | ₹1.21 L Cr | ₹1.26 L Cr | |
| Stockholders' equity | ₹21,717.29 Cr | ₹26,094.26 Cr | ₹43,512.86 Cr | ₹48,947.17 Cr | ₹56,469.82 Cr | ₹65,918.59 Cr |
Inventory, CWIP have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated. Current (short-term) debt, Others have no filed figures within the years shown — no further verified source is available, so every year here is left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹-4,238.77 Cr | ₹-8,859.02 Cr | ₹-15,841.33 Cr | ₹-31,118.27 Cr | ₹-43,651.90 Cr | ₹-13,281.43 Cr | |
| Investing cash flow | ₹-24.88 Cr | ₹-34.33 Cr | ₹-180.06 Cr | ₹-258.21 Cr | ₹3,661.21 Cr | ₹-242.83 Cr |
| ₹12,225.59 Cr | ₹8,504.86 Cr | ₹9,646.84 Cr | ₹27,626.01 Cr | ₹44,521.09 Cr | ₹8,586.79 Cr | |
| Capital expenditure | ₹-25.82 Cr | ₹-35.75 Cr | ₹-109.95 Cr | ₹-165.94 Cr | ₹-223.59 Cr | ₹-191.22 Cr |
| End cash position | ₹11,050.93 Cr | ₹10,662.44 Cr | ₹9,505.30 Cr | ₹6,013.37 Cr | ₹10,681.40 Cr | ₹5,745.82 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22 | Jun 22 | Sep 22 | Dec 22 | Dec 22 | Mar 23 | Jun 23 | Sep 23 | Dec 23 | Mar 24 | Jun 24 | Sep 24–Mar 25(3Q) | Jun 25–Sep 25(2Q) | Dec 25–Mar 26(2Q) | Apr 26–Jun 26(2Q) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 25.58% | 26.06% | 26.45% | 29.30% | 29.37% | 25.24% | 25.29% | 25.51% | 25.48% | 25.45% | 25.43% | 25.42% | 25.41% | 25.40% | 25.39% | 25.38% | 20.30% |
| Public | 74.42% | 73.94% | 73.55% | 70.70% | 70.63% | 74.76% | 74.71% | 74.49% | 74.52% | 74.55% | 74.57% | 74.58% | 74.59% | 74.60% | 74.61% | 74.62% | 79.70% |
| Employee trusts | 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% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Financial Services
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| HDFC Bank Limited | ₹11.27 L Cr | ₹731 | 16.2 | 1.38 | 8.6% | 0.81 | +4.7% | -25.2% |
| ICICI Bank Limited | ₹9.75 L Cr | ₹1,347.6 | 17.6 | 2.69 | 14.9% | 0.57 | +9.1% | -5.0% |
| State Bank of India | ₹9.16 L Cr | ₹996.2 | 10.6 | 1.54 | 14.0% | 1.22 | +9.2% | +16.6% |
| Bajaj Finance Limited | ₹6.31 L Cr | ₹1,040.3 | 31.1 | 5.54 | 16.7% | 3.10 | +19.7% | +4.4% |
| Life Insurance Corporation Of India | ₹5.06 L Cr | ₹407.7 | 8.4 | 2.87 | 32.5% | — | +8.7% | -54.2% |
| Kotak Mahindra Bank Limited | ₹4.08 L Cr | ₹415 | 20.5 | 2.25 | 10.6% | 0.53 | -0.3% | -79.5% |
| Axis Bank Limited | ₹3.86 L Cr | ₹1,240 | 14.0 | 1.80 | 12.3% | 1.30 | +4.0% | +10.1% |
| Bajaj Finserv Limited | ₹2.98 L Cr | ₹1,852.5 | 29.4 | 3.82 | 12.6% | 4.64 | +13.6% | -10.5% |
| Shriram Finance Limited | ₹2.34 L Cr | ₹1,010 | 17.6 | 3.55 | 15.2% | 2.76 | +13.9% | +61.1% |
| SBI Life Insurance Company Limited | ₹1.77 L Cr | ₹1,731 | 68.0 | 9.29 | 12.9% | — | -4.3% | -5.0% |
| ICICI Prudential Asset Management Company Limited | ₹1.53 L Cr | ₹3,098 | 43.8 | 36.57 | 79.1% | — | +23.1% | — |
| Jio Financial Services Limited | ₹1.51 L Cr | ₹229.89 | 71.2 | 1.13 | 1.2% | 0.16 | +136.4% | -27.6% |
Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Show all 14
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
58 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Shriram Finance sees strong CV demand despite price hikes, EV financing surges five-fold
Shriram Finance expects strong commercial vehicle demand despite price increases, driven by economic activity. The company's electric vehicle financing has surged five-fold to ₹250 crore monthly and is projected to reach ₹500 crore next year. Shriram Finance also plans to grow gold loans significantly and expand its branch network.
Shriram Finance plans $500 million bond buyback
Shriram Finance plans a $500 million bond buyback for bonds maturing in 2027 and 2028. This move aims to reduce borrowing costs, leveraging free cash flows and a recent rating upgrade. The upgrade followed Mitsubishi UFJ Financial Group's acquisition of a 20% stake in the company.