SHRIRAMFIN

Shriram Finance Limited

Retail NBFC for self-employed borrowers — commercial vehicle, MSME, gold and personal loans

Financial Services›Financial Services›Finance›Non Banking Financial Company (NBFC)

shriramfinance.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹939.95
Market cap
2,21,161 Cr
Stock P/E
19.5
P/B
2.68
Dividend yield
0.7%
ROE (FY26)
15.2%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Shriram Finance is a non-banking finance company (NBFC) that lends mainly against vehicles, new and used commercial vehicles above all, and also finances passenger vehicles, construction and farm equipment, two-wheelers, small businesses (MSME loans), gold and personal loans.

Company snapshot

2ndBy market cap

Ranked among 58 companies in Non Banking Financial Company (NBFC).

What we see

Positives
  • ✓Net margin of 20.8% — the business keeps a healthy share of every rupee it earns.
Concerns
  • ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.
1 more signal from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Net Interest Income4,680 Cr—5,203 Cr—5,464 Cr5,590 Cr5,566 Cr5,773 Cr6,027 Cr6,580 Cr6,758 Cr7,712 Cr
Other income9 Cr5 Cr14 Cr5 Cr7 Cr7 Cr6 Cr6 Cr9 Cr26 Cr19 Cr18 Cr
Net operating income4,689 Cr5 Cr5,217 Cr5 Cr5,471 Cr5,597 Cr5,572 Cr5,779 Cr6,035 Cr6,606 Cr6,776 Cr7,730 Cr
Employee cost852 Cr877 Cr896 Cr868 Cr907 Cr970 Cr906 Cr977 Cr945 Cr1,238 Cr970 Cr1,144 Cr
Other expenses453 Cr489 Cr530 Cr491 Cr547 Cr583 Cr654 Cr657 Cr664 Cr645 Cr641 Cr680 Cr
Provisions & contingencies————————————
Depreciation141 Cr152 Cr159 Cr153 Cr159 Cr162 Cr171 Cr173 Cr175 Cr177 Cr175 Cr183 Cr
Profit before tax2,407 Cr2,514 Cr2,746 Cr2,732 Cr2,852 Cr4,338 Cr2,776 Cr2,910 Cr3,117 Cr3,369 Cr3,923 Cr4,631 Cr
Tax %25.5%25.5%26.4%25.7%24.5%25.1%22.8%25.8%25.8%24.9%23.0%25.4%
Net profit1,792 Cr1,874 Cr2,021 Cr2,031 Cr2,153 Cr3,249 Cr2,144 Cr2,159 Cr2,314 Cr2,530 Cr3,021 Cr3,453 Cr
EPS (₹)₹47.61₹49.70₹53.47₹53.82₹56.93₹17.27₹11.40₹11.48₹12.30₹13.45₹16.06₹14.86

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Net Interest Income——7,873 Cr7,997 Cr8,074 Cr8,912 Cr16,275 Cr19,177 Cr21,853 Cr25,137 CrSign in free for the trailing twelve months
Other income2 Cr62 Cr23 Cr20 Cr16 Cr19 Cr32 Cr33 Cr25 Cr60 CrSign in free for the trailing twelve months
Net operating income2 Cr62 Cr7,896 Cr8,017 Cr8,090 Cr8,931 Cr16,306 Cr19,210 Cr21,878 Cr25,197 CrSign in free for the trailing twelve months
Employee cost583 Cr747 Cr883 Cr1,011 Cr906 Cr997 Cr2,636 Cr3,472 Cr3,651 Cr4,131 CrSign in free for the trailing twelve months
Other expenses719 Cr821 Cr883 Cr863 Cr863 Cr906 Cr1,644 Cr1,878 Cr2,275 Cr2,606 CrSign in free for the trailing twelve months
Provisions & contingencies——————————Sign in free for the trailing twelve months
Depreciation35 Cr37 Cr43 Cr141 Cr137 Cr135 Cr601 Cr588 Cr645 Cr699 CrSign in free for the trailing twelve months
Profit before tax1,938 Cr2,369 Cr3,790 Cr3,449 Cr3,290 Cr3,562 Cr8,222 Cr9,968 Cr12,698 Cr13,320 CrSign in free for the trailing twelve months
Tax %34.7%34.3%32.0%27.2%24.0%23.6%26.8%25.8%24.6%24.7%Sign in free for the trailing twelve months
Net profit1,266 Cr1,557 Cr2,576 Cr2,512 Cr2,499 Cr2,721 Cr6,020 Cr7,399 Cr9,576 Cr10,024 CrSign in free for the trailing twelve months
EPS (₹)₹55.78₹68.61₹113.52₹110.73₹101.44₹102.23₹160.54₹196.32₹50.82₹53.29Sign in free for the trailing twelve months
Dividend payout %————6.1%31.3%9.3%25.3%19.4%14.6%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital227 Cr227 Cr227 Cr227 Cr253 Cr271 Cr374 Cr376 Cr376 Cr376 Cr
Reserves11,105 Cr12,361 Cr15,736 Cr17,915 Cr21,464 Cr25,824 Cr43,138 Cr48,571 Cr56,094 Cr65,542 Cr
Borrowings38,653 Cr48,052 Cr87,914 Cr94,372 Cr1,06,196 Cr1,14,497 Cr1,64,202 Cr1,95,496 Cr2,34,197 Cr2,50,692 Cr
Other liabilities24,461 Cr27,846 Cr1,542 Cr1,752 Cr1,914 Cr1,677 Cr2,598 Cr3,093 Cr3,055 Cr4,764 Cr
Total liabilities74,446 Cr88,486 Cr1,05,419 Cr1,14,266 Cr1,29,828 Cr1,42,268 Cr2,10,600 Cr2,48,266 Cr2,93,722 Cr3,21,375 Cr
Fixed assets (net)132 Cr118 Cr143 Cr478 Cr124 Cr111 Cr223 Cr941 Cr1,026 Cr1,109 Cr
CWIP——0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr
Investments1,520 Cr1,495 Cr4,128 Cr2,938 Cr3,349 Cr6,973 Cr7,433 Cr9,473 Cr15,789 Cr14,994 Cr
Loans & advances——96,751 Cr1,02,232 Cr1,08,303 Cr1,16,665 Cr1,78,685 Cr2,18,696 Cr2,45,393 Cr2,82,452 Cr
Trade receivables9 Cr—8 Cr11 Cr9 Cr5 Cr17 Cr52 Cr51 Cr52 Cr
Cash & bank4,445 Cr3,638 Cr1,029 Cr3,089 Cr11,051 Cr10,662 Cr9,933 Cr6,182 Cr10,681 Cr5,746 Cr
Other assets68,339 Cr83,235 Cr3,359 Cr5,519 Cr6,992 Cr7,851 Cr14,309 Cr12,922 Cr20,783 Cr17,021 Cr
Total assets74,446 Cr88,486 Cr1,05,419 Cr1,14,266 Cr1,29,828 Cr1,42,268 Cr2,10,600 Cr2,48,266 Cr2,93,722 Cr3,21,375 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-2,677 Cr-10,013 Cr-5,535 Cr-3,131 Cr-4,239 Cr-8,859 Cr-17,625 Cr-31,101 Cr-43,652 Cr-13,281 Cr
Cash from investing-1 Cr87 Cr-76 Cr-55 Cr-25 Cr-34 Cr-193 Cr-258 Cr3,661 Cr-243 Cr
Cash from financing3,017 Cr9,892 Cr5,550 Cr5,246 Cr12,226 Cr8,505 Cr11,820 Cr27,609 Cr44,521 Cr8,587 Cr
Net cash flow338 Cr-35 Cr-62 Cr2,060 Cr7,962 Cr-388 Cr-5,999 Cr-3,750 Cr4,530 Cr-4,937 Cr
Free cash flow (OCF − Capex)-2,695 Cr-10,080 Cr-5,613 Cr-3,189 Cr-4,265 Cr-8,895 Cr-17,822 Cr-31,367 Cr-43,906 Cr-13,478 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %11.2%12.4%16.1%13.8%11.5%10.4%13.7%14.8%16.9%15.2%
Debt / equity3.413.825.515.204.894.393.773.994.153.80