Shriram Finance Ltd.
SHRIRAMFINFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
33 transcript(s)/analyst meet(s) served; 15 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 33 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20220505 | 2022-03-31 | yes | |
| TRANSCRIPT | 20221031 | 2022-09-30 | yes | |
| COVER_LETTER | 20230127 | 2022-12-31 | no | |
| TRANSCRIPT | 20230206 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230502 | 2023-03-31 | yes | |
| COVER_LETTER | 20230727 | 2023-06-30 | no | |
| TRANSCRIPT | 20230731 | 2023-06-30 | yes | |
| COVER_LETTER | 20231027 | 2023-09-30 | no | |
| TRANSCRIPT | 20231030 | 2023-09-30 | yes | |
| COVER_LETTER | 20240125 | 2023-12-31 | no | |
| TRANSCRIPT | 20240201 | 2023-12-31 | yes | |
| COVER_LETTER | 20240427 | 2024-03-31 | no | |
| TRANSCRIPT | 20240430 | 2024-03-31 | yes | |
| COVER_LETTER | 20240726 | 2024-06-30 | no | |
| TRANSCRIPT | 20240730 | 2024-06-30 | yes | |
| COVER_LETTER | 20241025 | 2024-09-30 | no | |
| TRANSCRIPT | 20241030 | 2024-09-30 | yes | |
| COVER_LETTER | 20250125 | 2024-12-31 | no | |
| TRANSCRIPT | 20250128 | 2024-12-31 | yes | |
| COVER_LETTER | 20250425 | 2025-03-31 | no | |
| TRANSCRIPT | 20250429 | 2025-03-31 | yes | |
| COVER_LETTER | 20250725 | 2025-06-30 | no | |
| TRANSCRIPT | 20250728 | 2025-06-30 | yes | |
| COVER_LETTER | 20251031 | 2025-09-30 | no | |
| TRANSCRIPT | 20251104 | 2025-09-30 | yes | |
| COVER_LETTER | 20251230 | 2025-09-30 | no | |
| TRANSCRIPT | 20260101 | 2025-12-31 | yes | |
| COVER_LETTER | 20260123 | 2025-12-31 | no | |
| TRANSCRIPT | 20260128 | 2025-12-31 | yes | |
| COVER_LETTER | 20260424 | 2026-03-31 | no | |
| TRANSCRIPT | 20260504 | 2026-03-31 | yes | |
| COVER_LETTER | 20260724 | 2026-06-30 | no | |
| TRANSCRIPT | 20260727 | 2026-06-30 | yes |
SHRIRAMFIN
files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | nbfc |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.
| Last close | 990.00 |
| 52-week range | 606.05 – 1141.0 |
| Return 1M | -13.04% |
| Return 3M | -4.05% |
| Return 1Y | 58.36% |
| Return 3Y | 154.43% |
| Return 5Y | not reported for this period |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 13,400.00 |
| Other income | 18.00 |
| Total income | 13,419.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 1,144.00 |
| Finance costs | 5,204.00 |
Ownership — 2026-06-30, and the change from 2026-04-08
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.20 | 0.00 |
| institutions foreign | 0.55 | -0.01 |
| institutions domestic | 0.20 | 0.01 |
| mutual funds | 0.14 | 0.01 |
| public | 0.80 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2026-06-30 | 15 |
| TRANSCRIPT | 2026-06-30 | 18 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 5,348.00 | 7,808.00 | 7,966.00 | 8,293.00 | 8,884.00 | 9,301.00 | 9,904.00 | 9,605.00 | 10,090.00 | 10,698.00 | 11,454.00 | 11,536.00 | 11,912.00 | 12,171.00 | 12,513.00 | 13,400.00 |
| Other income | 4.00 | 1.00 | 13.00 | 0.00 | 9.00 | 5.00 | 14.00 | 5.00 | 7.00 | 7.00 | 6.00 | 6.00 | 9.00 | 26.00 | 19.00 | 18.00 |
| Total income | 5,351.00 | 7,809.00 | 7,980.00 | 8,293.00 | 8,893.00 | 9,306.00 | 9,918.00 | 9,610.00 | 10,097.00 | 10,705.00 | 11,460.00 | 11,542.00 | 11,921.00 | 12,197.00 | 12,532.00 | 13,419.00 |
| Cost of materials consumed | 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 |
| Purchases of stock-in-trade | 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 |
| Changes in inventories | 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 |
| Employee benefit expense | 267.00 | 674.00 | 736.00 | 847.00 | 852.00 | 877.00 | 896.00 | 868.00 | 907.00 | 970.00 | 906.00 | 977.00 | 945.00 | 1,238.00 | 970.00 | 1,144.00 |
| Finance costs | 2,591.00 | 3,235.00 | 3,361.00 | 3,633.00 | 3,798.00 | 3,893.00 | 4,197.00 | 4,129.00 | 4,350.00 | 4,751.00 | 5,224.00 | 5,401.00 | 5,525.00 | 5,259.00 | 5,336.00 | 5,204.00 |
| Depreciation and amortisation | 35.00 | 61.00 | 427.00 | 135.00 | 141.00 | 152.00 | 159.00 | 153.00 | 159.00 | 162.00 | 171.00 | 173.00 | 174.00 | 177.00 | 175.00 | 183.00 |
| Other expenses | 315.00 | 392.00 | 342.00 | 403.00 | 453.00 | 489.00 | 530.00 | 491.00 | 547.00 | 583.00 | 654.00 | 657.00 | 664.00 | 645.00 | 641.00 | 680.00 |
| Total expenses | 3,911.00 | 5,394.00 | 6,129.00 | 5,992.00 | 6,489.00 | 6,793.00 | 7,175.00 | 6,943.00 | 7,345.00 | 7,946.00 | 8,688.00 | 8,636.00 | 8,808.00 | 8,833.00 | 8,615.00 | 8,793.00 |
| Profit before exceptional items and tax | 1,441.00 | 2,415.00 | 1,851.00 | 2,301.00 | 2,404.00 | 2,513.00 | 2,743.00 | 2,667.00 | 2,752.00 | 2,759.00 | 2,772.00 | 2,906.00 | 3,113.00 | 3,364.00 | 3,917.00 | 4,626.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,554.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1,441.00 | 2,415.00 | 1,851.00 | 2,301.00 | 2,404.00 | 2,513.00 | 2,743.00 | 2,667.00 | 2,752.00 | 4,313.00 | 2,772.00 | 2,906.00 | 3,113.00 | 3,364.00 | 3,917.00 | 4,626.00 |
| Current tax | 518.00 | 814.00 | 722.00 | 729.00 | 823.00 | 885.00 | 1,014.00 | 995.00 | 815.00 | 1,282.00 | 498.00 | 979.00 | 1,030.00 | 1,119.00 | 1,032.00 | 1,398.00 |
| Deferred tax | -144.00 | -199.00 | -156.00 | -139.00 | -208.00 | -245.00 | -289.00 | -309.00 | -135.00 | -202.00 | 135.00 | -228.00 | -227.00 | -280.00 | -130.00 | -219.00 |
| Tax expense | 374.00 | 615.00 | 566.00 | 589.00 | 615.00 | 640.00 | 725.00 | 686.00 | 680.00 | 1,081.00 | 633.00 | 751.00 | 803.00 | 840.00 | 902.00 | 1,178.00 |
| Profit for the period | 1,070.00 | 1,802.00 | 1,288.00 | 1,712.00 | 1,792.00 | 1,874.00 | 2,021.00 | 2,031.00 | 2,153.00 | 3,249.00 | 2,144.00 | 2,159.00 | 2,314.00 | 2,530.00 | 3,021.00 | 3,453.00 |
| Profit attributable to owners | 0.00 | 1,799.00 | 1,285.00 | 1,705.00 | 1,786.00 | 1,866.00 | 2,009.00 | 2,023.00 | 2,140.00 | 3,247.00 | 2,144.00 | 2,159.00 | 2,314.00 | 2,530.00 | 3,021.00 | 3,453.00 |
| Profit attributable to non-controlling interests | 0.00 | 3.00 | 3.00 | 7.00 | 6.00 | 7.00 | 12.00 | 8.00 | 13.00 | 2.00 | 0.00 | -0.00 | -0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | -26.00 | -21.00 | 117.00 | -77.00 | 99.00 | -50.00 | -60.00 | 7.00 | 68.00 | 106.00 | -381.00 | 37.00 | 184.00 | 68.00 | 598.00 | -106.00 |
| Total comprehensive income | 1,044.00 | 1,781.00 | 1,406.00 | 1,635.00 | 1,890.00 | 1,824.00 | 1,961.00 | 2,037.00 | 2,221.00 | 3,354.00 | 1,762.00 | 2,197.00 | 2,498.00 | 2,598.00 | 3,619.00 | 3,346.00 |
| Earnings per share, basic | 39.54 | 48.27 | 34.01 | 45.53 | 47.61 | 49.70 | 53.47 | 53.82 | 56.93 | 17.27 | 11.40 | 11.48 | 12.30 | 13.45 | 16.06 | 14.86 |
| Earnings per share, diluted | 39.54 | 48.06 | 33.82 | 45.34 | 47.45 | 49.57 | 53.36 | 53.73 | 56.85 | 17.25 | 11.39 | 11.47 | 12.29 | 13.44 | 16.05 | 14.85 |
| Interest earned | 5,112.00 | 7,344.00 | 7,600.00 | — | 8,478.00 | — | 9,400.00 | — | 9,814.00 | 10,341.00 | 10,790.00 | 11,174.00 | 11,551.00 | 11,839.00 | 12,094.00 | 12,916.00 |
| Fees and commission income | 36.00 | 198.00 | 76.00 | — | 125.00 | — | 196.00 | — | 114.00 | 133.00 | 331.00 | 100.00 | 110.00 | 137.00 | 148.00 | 127.00 |
| Net gain on fair value changes | 81.00 | 122.00 | 97.00 | — | 13.00 | — | 31.00 | — | 15.00 | 87.00 | 111.00 | 135.00 | 97.00 | 57.00 | 66.00 | 185.00 |
| Dividend income | 5.00 | 0.00 | 0.00 | — | 1.00 | — | 0.00 | — | 2.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| Rental income | 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 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 16,562.00 | 17,420.00 | 19,255.00 | 30,477.00 | 36,380.00 | 41,834.00 | 48,133.00 |
| Other income | 20.00 | 16.00 | 19.00 | 32.00 | 33.00 | 25.00 | 60.00 |
| Total income | 16,583.00 | 17,436.00 | 19,274.00 | 30,508.00 | 36,413.00 | 41,859.00 | 48,193.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 1,011.00 | 906.00 | 997.00 | 2,636.00 | 3,472.00 | 3,651.00 | 4,131.00 |
| Finance costs | 8,270.00 | 9,054.00 | 9,734.00 | 12,931.00 | 15,522.00 | 18,455.00 | 21,521.00 |
| Depreciation and amortisation | 141.00 | 137.00 | 135.00 | 601.00 | 588.00 | 645.00 | 699.00 |
| Other expenses | 863.00 | 863.00 | 906.00 | 1,644.00 | 1,878.00 | 2,275.00 | 2,606.00 |
| Total expenses | 13,144.00 | 14,158.00 | 15,725.00 | 22,295.00 | 26,453.00 | 30,910.00 | 34,892.00 |
| Profit before exceptional items and tax | 3,439.00 | 3,278.00 | 3,549.00 | 8,214.00 | 9,960.00 | 10,949.00 | 13,300.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,554.00 | 0.00 |
| Profit before tax | 3,439.00 | 3,278.00 | 3,549.00 | 8,214.00 | 9,960.00 | 12,503.00 | 13,300.00 |
| Current tax | 922.00 | 1,336.00 | 1,030.00 | 2,923.00 | 3,451.00 | 3,591.00 | 4,161.00 |
| Deferred tax | 15.00 | -545.00 | -189.00 | -721.00 | -882.00 | -511.00 | -865.00 |
| Tax expense | 937.00 | 791.00 | 841.00 | 2,202.00 | 2,569.00 | 3,080.00 | 3,296.00 |
| Profit for the period | 2,512.00 | 2,499.00 | 2,721.00 | 6,020.00 | 7,399.00 | 9,576.00 | 10,024.00 |
| Profit attributable to owners | 0.00 | 0.00 | — | 6,011.00 | 7,366.00 | 9,554.00 | 10,024.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | — | 9.00 | 33.00 | 22.00 | -0.00 |
| Other comprehensive income | -4.00 | -93.00 | -123.00 | -26.00 | -88.00 | -201.00 | 888.00 |
| Total comprehensive income | 2,508.00 | 2,406.00 | 2,598.00 | 5,994.00 | 7,311.00 | 9,375.00 | 10,912.00 |
| Earnings per share, basic | 110.73 | 101.44 | 102.23 | 160.54 | 196.32 | 50.82 | 53.29 |
| Earnings per share, diluted | 110.73 | 101.44 | 102.23 | 159.83 | 195.69 | 50.75 | 53.25 |
| Interest earned | 16,267.00 | 17,128.00 | 18,646.00 | 29,206.00 | 34,698.00 | 40,308.00 | 46,658.00 |
| Fees and commission income | 195.00 | 116.00 | 100.00 | 267.00 | 542.00 | 682.00 | 494.00 |
| Net gain on fair value changes | 0.00 | 22.00 | 222.00 | 364.00 | 145.00 | 201.00 | 355.00 |
| Dividend income | 0.00 | 0.00 | 0.00 | 7.00 | 1.00 | 2.00 | 2.00 |
| Rental income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 155,375.00 | 210,600.00 | 223,361.00 | 248,266.00 | 275,087.00 | 293,722.00 | 299,189.00 | 321,375.00 |
| Property, plant and equipment | 119.00 | 223.00 | 250.00 | 941.00 | 921.00 | 1,026.00 | 1,098.00 | 1,109.00 |
| Capital work-in-progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 1,741.00 | 1,741.00 | 1,741.00 | 1,407.00 | 1,189.00 | 1,189.00 | 1,189.00 |
| Other intangible assets | 3.00 | 1,218.00 | 1,181.00 | 1,035.00 | 884.00 | 699.00 | 519.00 | 337.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and cash equivalents | 13,339.00 | 9,933.00 | 6,017.00 | 6,182.00 | 11,029.00 | 10,681.00 | 2,703.00 | 5,746.00 |
| Total equity and liabilities | 155,375.00 | 210,600.00 | 223,361.00 | 248,266.00 | 275,087.00 | 293,722.00 | 299,189.00 | 321,375.00 |
| Equity | 28,022.00 | 43,800.00 | 46,613.00 | 49,677.00 | 53,142.00 | 56,470.00 | 60,604.00 | 65,919.00 |
| Equity share capital | 271.00 | 374.00 | 375.00 | 376.00 | 376.00 | 376.00 | 376.00 | 376.00 |
| Other equity | 27,752.00 | 43,138.00 | 45,931.00 | 48,571.00 | 52,016.00 | 56,094.00 | 60,227.00 | 65,542.00 |
| Total liabilities | 127,353.00 | — | — | — | — | 237,252.00 | 238,585.00 | 255,456.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -5,936.00 | -17,625.00 | -11,226.00 | -31,101.00 | -15,259.00 | -43,652.00 | -4,198.00 | -13,281.00 |
| Net cash from investing activities | -41.00 | -193.00 | -122.00 | -258.00 | -150.00 | 3,661.00 | -160.00 | -243.00 |
| Net cash from financing activities | 8,653.00 | 11,820.00 | 7,431.00 | 27,609.00 | 20,256.00 | 44,521.00 | -3,623.00 | 8,587.00 |
| Purchase of property, plant and equipment | 42.00 | 197.00 | 128.00 | 185.00 | 103.00 | 224.00 | 107.00 | 191.00 |
| Net increase in cash | 2,676.00 | -5,999.00 | -3,916.00 | -3,750.00 | 4,847.00 | 4,530.00 | -7,980.00 | -4,937.00 |
| con:CFO.BEFORE_TAX | 5,471.00 | 12,702.00 | 7,617.00 | -3,574.00 | -1,911.00 | -4,883.00 | -2,952.00 | -5,944.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 32,121.00 | 17,912.00 | 39,992.00 | 22,148.00 | 45,959.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 13,634.00 | 6,223.00 | 15,560.00 | 8,649.00 | 18,454.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 877.00 | 3,267.00 | 1,459.00 | 3,442.00 | 1,707.00 | 3,642.00 | 1,564.00 | 3,968.00 |
| con:CF_OTHER.OPERATING | -10,530.00 | -27,061.00 | -17,385.00 | -42,572.00 | -23,330.00 | -59,560.00 | -13,181.00 | -30,875.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 1.00 | 0.00 | 7.00 | 6.00 | 3.00 | 4.00 | 1.00 | 3.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,929.00 | 0.00 | 2.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 50.00 | 50.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-04-08 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 25.48 | 25.45 | 25.43 | 25.42 | 25.41 | 25.40 | 25.40 | 25.40 | 25.39 | 0.25 | 0.25 | 0.25 | 0.20 | 0.20 |
| Domestic institutions | 14.67 | 15.18 | 15.78 | 15.69 | 15.24 | 16.22 | 15.94 | 15.33 | 16.33 | 0.19 | 0.21 | 0.23 | 0.19 | 0.20 |
| Mutual funds | — | — | — | — | — | — | — | — | 10.52 | 0.12 | 0.14 | 0.16 | 0.13 | 0.14 |
| Insurance companies | 5.60 | 5.00 | 3.89 | 3.87 | 3.67 | 3.98 | 3.54 | 3.17 | 3.51 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 |
| Foreign institutions | 55.36 | 54.67 | 53.97 | 53.90 | 54.28 | 53.29 | 53.08 | 53.58 | 52.62 | 0.50 | 0.47 | 0.45 | 0.56 | 0.55 |
| Government | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 74.52 | 74.55 | 74.57 | 74.58 | 74.59 | 74.60 | 74.60 | 74.60 | 74.61 | 0.75 | 0.75 | 0.75 | 0.80 | 0.80 |
| Non-institutional | 4.49 | 4.70 | 4.82 | 4.99 | 5.07 | 5.09 | 5.58 | 5.69 | 5.65 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 |
| Shares outstanding | 374836784 | 375347083 | 375595019 | 375792810 | 375911608 | 375989264 | 376058777 | 1880383880 | 1880643224 | 1881007883 | 1881362101 | 1881565371 | 2352686426 | 2352915128 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Shriram Life Insurance Company Limited | Promoter group | Any other transaction | 2,800,200,000.00 | 12 |
| Shriram Value Services Limited | Promoter group | Any other transaction, Dividend paid | 2,446,400,000.00 | 4 |
| Shriram Asset Management Company Limited | Promoter group | Any other transaction | 1,687,900,000.00 | 9 |
| Shriram Automall India Limited | Associates | Any other transaction | 1,274,400,000.00 | 14 |
| Shriram Capital Private Limited | Promoter | Any other transaction, Dividend paid | 1,122,900,000.00 | 5 |
| Novac Technology Solutions Private Limited | Promoter group | Any other transaction | 1,041,100,000.00 | 4 |
| Shriram General Insurance Company Limited | Promoter group | Any other transaction | 918,400,000.00 | 10 |
| Shriram Seva Sankalp Foundation | Promoter group | Any other transaction | 673,100,000.00 | 2 |
| Shriram Finance Limited Employees Group Gratuity Assurance S | Other related party | Any other transaction | 461,800,000.00 | 1 |
| Shriram Housing Finance Limited | Subsidiary | Any other transaction, Sale of fixed assets | 335,100,000.00 | 10 |
| Cartradeexchange Solutions Private Limited | Associates | Any other transaction | 273,700,000.00 | 3 |
| Sanlam Life Insurance Limited | Promoter group | Any other transaction, Dividend paid | 157,000,000.00 | 4 |
| Shriram Credit Company Limited | Promoter group | Any other transaction | 152,300,000.00 | 2 |
| Shriram Insight Share Brokers Limited | Promoter group | Any other transaction | 60,400,000.00 | 4 |
| Adroit Inspection Service Private Limited | Associates | Any other transaction | 14,500,000.00 | 2 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-07-27 | Q1FY27 | LIMITED | Read the call |
| 2026-05-04 | Q4FY26 | LIMITED, SHRIRAM FINANCE LIMITED | Read the call |
| 2026-01-28 | Q3FY26 | LIMITED | Read the call |
| 2026-01-01 | Q3FY26 | SHRIRAM FINANCE LIMITED | Read the call |
| 2025-11-04 | Q2FY26 | CHAIRMAN, SHRIRAM FINANCE LIMITED, SHRIRAM FINANCE LIMITED | Read the call |
| 2025-07-28 | Q1FY26 | EXECUTIVE OFFICER., FINANCIAL OFFICER. | Read the call |
| 2025-04-29 | Q4FY25 | CEO, SHRIRAM FINANCE LIMITED, CFO, SHRIRAM FINANCE LIMITED, CHAIRMAN, SHRIRAM FINANCE LIMI | Read the call |
| 2025-01-28 | Q3FY25 | LIMITED, SHRIRAM FINANCE LIMITED, – SHRIRAM FINANCE LIMITED | Read the call |
| 2024-10-30 | Q2FY25 | CHAIRMAN, SHRIRAM FINANCE LIMITED, FINANCE LIMITED, October 25, 2024, SHRIRAM FINANCE LIMI | Read the call |
| 2024-07-30 | Q1FY25 | Read the call | |
| 2024-04-30 | Q4FY24 | FINANCE LTD. | Read the call |
| 2024-02-01 | Q3FY24 | ADMIN, FINANCIAL OFFICER, OFFICER | Read the call |
| 2023-10-30 | Q2FY24 | & CHIEF FINANCIAL OFFICER, CHAIRMAN, CHIEF EXECUTIVE OFFICER, DIRECTOR | Read the call |
| 2023-07-31 | Q1FY24 | FINANCE LIMITED | Read the call |
| 2023-05-02 | Q4FY23 | DIRECTOR | Read the call |
| 2023-02-06 | Q3FY23 | Read the call | |
| 2022-10-31 | Q2FY23 | DIRECTOR, MANAGING DIRECTOR | Read the call |
| 2022-05-05 | Q4FY22 | FINANCE, MANAGING, SHRIRAM, SHRIRAM TRANSPORT FINANCE, TRANSPORT FINANCE | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY22 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | — | — | You are saying last 2 quarters, capex has been lower, and you're hoping that in the budget, some investments are announced. | — | — | And when the government machinery are involved in election duty, there is likely to be some slowdown in the CAPEX activity of the government, infrastr… | — | — |
| Capital allocation | So, if you can help us understand, I mean who are your kind of a key partner among the banks, and also I mean there has been a sort of reporting of yo… | With the continuing good results, the Board has declared interim dividend of 125% that is 2.5 per share. | And just my last question, could we, now that we're sitting on INR40,000 crores of cash, any potential acquisition, M&A that we could be thinking of? | Because you mentioned that the new customer acquisition is around 5% to 6% next year, so primarily what you are saying is that it can accelerate the y… | And for the margins, sir, if I look at this last quarter, there was a 138 crore, because of the accounting changes that we had done for acquisition or… | — | The Board of Directors have recommended a final dividend of Rs. | The Board of Directors have recommended a final dividend of INR6 per equity share for the face value of INR2 each fully paid, that is 300% for financi… |
| Costs | — | — | — | Got it, and I suppose that also lends into the argument at the operators are able to pass on the increase in input cost for example, fuel? | — | — | — | See as of now, we don't really see that, because there are delays in getting raw materials. |
| Debt and cash | — | — | We will do only SME cash flow based lending. | I just wanted to sort of ask regarding you know the cash flow for this quarter. | — | — | We had told you that central part of India, that border of MP, Bihar, Chhattisgarh, there has been little slower growth in the economy and that had im… | There will be some fluctuations in the cash flow of the retail customers. |
| Demand | And the election will not have a big impact because CV demand mostly depends on infrastructure activity and overall economic activity. | It also depends upon asset mix because normally in the fourth quarter, we do have demand for new vehicle alone and new vehicle loan will be at a lower… | The GST reforms also have given some kind of a positive consumer consumption push and we believe greater demand will follow. | Used vehicle demand has been pretty high and on an average the resale prices have gone up by 20%. | Now, while pace of growth may have somewhat moderated on account of easing of demand post-COVID, but still India would continue to grow and is likely … | One is this financial year, the first 2 months election will slow down the credit demand to some extent because, see, this is a CAPEX-driven growth, o… | What I am saying to say is, replacement demand will continue to remain. | India's rural economy is facing dual threat in 2026 from potential monsoon shortfall and elevated agro input costs driven by global conflict, both of … |
| Guidance | It has already surpassed your guidance and it has been very strong for the last two quarters, and the growth in interest expenses is also on the lower… | So on the NIM, how much of the NIM fall is due to excess liquidity or how much should we expect it to recover next quarter? | The immediate impact of the capital infusion will be our gearing increase around 4.3, that is leveraging will come down to 2.6 and we expect that as w… | The last question Sir you will take it for fuel prices and guidance on margins. | I am very happy to say that all the segments which Shriram Finance represents as an industry leader and has significant presence have seen healthy gro… | And just last question is with respect to the AUM growth guidance for maybe FY ‘25 and maybe slightly longer. | April 25, 2025 We always guide around 3 months of liability repayment to be in our liquid assets, but it is now close to around 6 months. | April 24, 2026 maybe even on the credit cost side, would we see compared to what we have been earlier guiding for? |
| Margin | Both the mix and our ability to pass on the increased cost will give us the confidence of keeping this margin intact. | So we cannot really predict, but as Sunder rightly put it, the liquidity will be used, the excess liquidity will be used so that there will be some im… | Since my borrowing cost comes down by nearly 100 basis point, a few of the customers, if I am able to retain by reducing my lending rate, it will not … | The net interest margin was 6.96% against 6.80% in the same period of previous year and 6.65% of Q3 of 2021-2022 and for the full year 6.62% as compar… | Our net interest margin was 8.55% against 8.52% in Q3 and 6.96% in Q4 FY '22. | So, in that case, are we confident of maintaining this 9% margin that we have delivered in this quarter? | So what is the normalized liquidity as a percentage in balance sheet that we want to maintain going ahead and what basis point of impact was there in … | Our net interest margin in Q4 FY '26 was at 8.61% as against 8.25% in Q4 FY '25 and 8.58% in Q3 FY '26. |
| People | — | So in light of these two trends, how do you see the operator profitability or fleet utilization? | That means the utilization levels are high and also their repayments have been on time. | Understood, and do you have the sense, do you collect this data, in your sense, what is this fleet utilization and its movement for your customers are… | — | — | So, I mean, is it the productivity coming through or are there some challenges related to attrition? | We were not very aggressive in the increasing the headcount. |
| Pricing | So, what you would ascribe to pricing and volume? | — | But replacement of debt, which normally takes a longer period for getting the pricing benefit. | Pricing what you are saying is rate will be a benchmark to not strictly to the bank rates because bank rates have gone up and we have actually reduced… | — | And because at some point in time, the BS-VI vehicles will start coming into our portfolio, which should result in some level of step-up in pricing. | — | Just wanted to understand this fuel price increase leading into inflation, which may consequently feed into some impact on consumption and eventually … |
| Revenue growth | If you look at the overall growth of the company itself, where we have guided for about 15% growth at the beginning of the year, I think the growth is… | January 24, 2025 Two-wheelers again recorded a good growth of 3% or with sales of INR48.75 lakhs units against 47.31 lacs unit. | SHRIRAM Finance Shriram Finance Limited January 23, 2026 LCV recorded a growth of 21.5% in Q3 and stands at 1.80 lakh units against 1.48 lakh units so… | The heavy and medium commercial showed a positive growth of 16.69% with 93,947 units sale in Q4 against 80,534 units sold in same period previous year… | The total GST collections in the financial year '23 were to the extent of 18.1 lakh crore, a growth of 22% over the previous year. | And the second is we would like to be as granular as possible, not focused on top line growth. | Passenger vehicle has recorded a growth of 2.4%, which stands at 11.63 lakh unit against 11.36 lakh unit in Q4 '24. | Two-wheelers recorded growth of 26.39% with sales of 57.73 lakh unit in Q4 FY '26 at against 45.68 lakh units sold in Q4 '25. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2025-11-04 | Q2FY26 | SHRIRAM FINANCE LIMITED | But this October, the demand for two-wheeler has been extremely good, and we expect that momentum to continue, and we do expect good growth for the Q3. Three-wheelers have been growing steadily at 9.83% in this quarter, with a sale of 2.2 lakh units against 2.09 units in the same quarter previous year. |