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India
As of 12 Oct 2026, 03:30 pm
Effective October 11, 2026, Shriram Finance increased its fixed deposit rates. Certain tenures, including 24–35 months and 15 months for digital fixed deposits, will now earn 7.5%. The company has raised FD rates by up to 40 basis points, with the highest rate reaching 7.85%, following a Reserve Bank of India (RBI) rate hike.
On October 9, 2026, Shriram Finance submitted a half-yearly statement of International Securities Identification Numbers (ISINs) for its debt securities. As of September 30, 2026, the company had 111 distinct debt instruments outstanding with a total value of ₹37,699.62 crores. A notable update was the replacement of ISIN INE721A07SN5 with INE721A07ST2 for a tranche of non-convertible debentures following the receipt of balance payments.
On October 8, 2026, Shriram Finance allotted 41,758 fully paid-up equity shares to 70 employees who exercised options under the Shriram Finance Limited Employee Stock Option Scheme 2023 (No.1). These shares were issued at an exercise price of ₹38.71 each. This allotment increased the company's paid-up share capital from ₹470,60,90,068 to ₹470,61,73,584.
As of October 12, 2026, Shriram Finance has shown a return of +39.7% over the past year. However, year-to-date, the return is -8.9%. Over shorter periods, returns include -1.2% for 1 day, -9.6% for 1 month, and -11.0% for 3 months. The company's annualized volatility is +35.9%, with a current drawdown of -18.5% and a maximum drawdown of -21.0%.
As of October 12, 2026, the nearest resistance levels for Shriram Finance are at ₹935.48 (0.65% above current price), ₹949.87 (2.20% above), ₹959.28 (3.22% above), and ₹973.67 (4.76% above). The nearest support levels are at ₹926.07 (0.36% below current price), ₹915.50 (1.50% below), ₹911.68 (1.91% below), and ₹902.27 (2.92% below).
As of 12 Oct 2026, 03:30 pm
Recent drawdown or price variability is high enough to warrant closer monitoring.
Primary driver: Price remains materially below a previous peak
Trading activity was substantially higher than usual and the price closed lower.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Trading activity was substantially higher than usual and the price closed lower.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
Downward price movement of 2.51 standard deviations recorded on 2026-10-01.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Interest Earned | PEAK₹12,916.27 crore | ₹12,093.60 crore | ₹11,839.26 crore | ₹11,551.41 crore | ₹11,173.55 crore |
| Other Revenue From Operations | ₹171.32 crore | PEAK₹206.68 crore | ₹137.54 crore | ₹152.13 crore | ₹128.12 crore |
| Revenue From Operations | PEAK₹13,400.43 crore | ₹12,513.43 crore | ₹12,170.76 crore | ₹11,912.44 crore | ₹11,536.32 crore |
| Other Income | ₹18.31 crore | ₹18.92 crore | PEAK₹25.77 crore | ₹8.89 crore | ₹6.12 crore |
| Finance Costs | ₹5,204.45 crore | ₹5,336.08 crore | ₹5,259.35 crore | PEAK₹5,524.83 crore | ₹5,400.76 crore |
| Impairment On Financial Instruments | PEAK₹1,463.26 crore | ₹1,409.73 crore | ₹1,310.32 crore | ₹1,333.33 crore | ₹1,285.57 crore |
Interest earned, the primary source of revenue, rose 6.8% sequentially and 15.6% year-on-year to ₹12,916 crore. Fees and commission income of ₹127 crore and other revenue from operations of ₹171 crore brought total revenue from operations to ₹13,400 crore, up 7.1% from the preceding quarter and 16.2% from a year ago. The sequential growth accelerated compared with the 2.8% increase recorded in the prior quarter.
Impairment on financial instruments increased 3.8% sequentially and 13.8% year-on-year to ₹1,463 crore. The sequential rise was moderate relative to the 6.8% increase in interest earned. Other expenses rose 6.1% from the prior quarter to ₹680 crore, a pace slightly below the overall revenue growth rate.
Profit before tax surged 18.1% sequentially and 59.2% year-on-year to ₹4,626 crore. The effective tax rate increased to 25.5% from 23.0% in the March quarter, moderating after-tax growth. Net profit from continuing operations reached ₹3,447 crore, up 14.3% sequentially and 59.9% year-on-year.
Despite the 14.3% increase in net profit, basic earnings per share declined from ₹16.06 to ₹14.86, a drop of 7.5%. This divergence indicates that the number of outstanding shares rose during the quarter, diluting per-share earnings. Compared to a year ago, EPS remains up 29.4%, reflecting the underlying profit growth over the twelve-month period.
Shriram Finance Limited delivered a substantial profit increase in the June quarter, supported by accelerating revenue growth and a decline in finance costs that kept key expense lines flat. The net profit rose nearly 60% from a year earlier, but the simultaneous drop in earnings per share signals a notable increase in share count that partially offset the profit improvement for existing shareholders.
Exchange disclosures and regulatory announcements for Shriram Finance.
Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
Shriram Finance Limited submitted a half-yearly statement of International Securities Identification Numbers (ISINs) for debt securities issued and outstanding as of September 30, 2026, pursuant to SEBI Master Circular regulations. The filing details 111 distinct debt instruments with a total outstanding value of Rs 37,699.62 crores, including specific tranches such as the INE721A07SS4 series issued on September 9, 2026, with an outstanding amount of Rs 2,220.00 crores. A substantive update notes that ISIN INE721A07ST2 replaced INE721A07SN5 following the receipt of balance payments on partly paid non-convertible debentures. The document was signed by Managing Director & CEO Parag Sharma on October 9, 2026.
Record Date Updates |SUBJECT: Record Date Updates
On October 8, 2026, the ESOP Allotment Committee of Shriram Finance Limited approved the allotment of 41,758 fully paid-up equity shares to 70 employees who exercised options under the Shriram Finance Limited Employee Stock Option Scheme 2023 (No.1). The shares were issued at an exercise price of Rs.38.71 each, resulting in a premium of Rs.36.71 per share and increasing the company's paid-up share capital from Rs.470,60,90,068 to Rs.470,61,73,584. These newly issued shares rank pari-passu with existing shares and carry no specified lock-in period.
Shriram Finance Limited allotted equity shares under its ESOP/ESPS scheme on October 8, 2026, following Board approval on the same date. The allotment increased paid-up share capital from INR 4,706,090,068 to INR 4,706,173,584 and raised the total number of shares from 2,353,045,034 to 2,353,086,792. This issuance was disclosed in compliance with SEBI LODR regulations, with prior board approval for the issuance recorded on March 15, 2023.
Shriram Finance Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018
Shriram Finance Limited paid monthly interest of Rs. 22,61,071 on October 3, 2026, for its NCD8-T2 Series II (ISIN INE721A07OC7, issue size Rs. 32,33,99,000) due on October 2, 2026, which was a bank holiday for Mahatma Gandhi Jayanti. The payment was made one day later on the next working day, and the company confirmed timely payment under Regulation 57 of SEBI LODR. This is a routine compliance notice for a scheduled interest payment with no delay or change in frequency.
Recent market and company developments associated with Shriram Finance.
Revised rates to take effect from October 11; 24–35 months and 15 months digital fixed deposits to earn 7.5%.
Shriram Finance and Bajaj Finance raise FD rates up to 40 bps after RBI’s rate hike, with higher returns across multiple tenures.
Orange Retail Finance and Shriram Finance sign a co-lending agreement to jointly offer gold loans across Tamil Nadu with 20:80 ownership and up to ₹100 crore cap.
Macquarie stock recommendations: The global brokerage is expecting a turn around in the Indian financial shares
The Nifty Bank was the relative outperformer, rising 373 points to 54,633, while the Nifty Midcap index gained 13 points to 59,332.
Motilal Oswal, Shriram Finance, buy, Recommendations
Shriram Finance share price, SHFL share price, SHFL news, Shriram Finance news
Comprehensive Section Breakdown for Shriram Finance
Strategic Vision: Retail asset non-banking financial company offering diverse credit products.
• Localized, cross-integrated retail credit and collection network.
• Relationship-based recovery model with field agents.
Shriram Finance Limited reported higher profit for the first quarter of FY2026-27 (reporting date 2026-06-30), as a 7.1% sequential increase in revenue from operations combined with a decline in finance costs that kept major expense lines nearly flat. Net profit from continuing operations rose 14.3% from the March quarter and 59.9% from a year earlier. However, basic earnings per share fell to ₹14.86 from ₹16.06, reflecting an increase in the number of shares outstanding.
Finance costs, the largest expense item, fell 2.5% sequentially and 3.6% year-on-year to ₹5,204 crore. This decline occurred alongside rising interest income, widening the gap between interest earned and finance costs. When combined with credit provisions and other operating expenses, these three major expense lines totaled ₹7,348 crore, essentially unchanged from ₹7,387 crore in the prior quarter. Year-on-year, this combined expense measure grew only 0.06%, while revenue expanded 16.2%.
Category: Financial Services
Provides credit for the purchase of new and pre-owned heavy trucks, medium commercial vehicles, buses, tractors, and construction equipment.
Category: Financial Services
Offers secured business loans to micro enterprises, gold-collateralized loans, two-wheeler financing, and unsecured personal loans.
Category: Financial Services
Provides home acquisition loans, home improvement finance, and loans against residential property through its subsidiary.
Core Thesis: The company integrates commercial vehicle loans with MSME credit, two-wheeler financing, and gold loan portfolios across a unified branch network.
• Integrated Lending Platform: The company's operating model centers on a consolidated retail and commercial lending platform integrating various loan portfolios. • Unified Branch Sourcing & Cross-Selling: Shriram Finance operates a unified branch network where field officers are retrained for multi-product cross-selling to customers. • Housing Finance Referral Synergy: Customer referrals for home construction or extension credit are routed directly to its subsidiary, Shriram Housing Finance Limited. • Localized Cash-Collection Loop: The company relies on a relationship-based recovery model with field agents handling physical collections and monitoring vehicle utilization.
Reported ownership for FY2027-Q1 as of 2026-06-30.