Shriram Finance (SHRIRAMFIN) Weekly Analysis
Price & Volume
The stock price declined by 2.47% during the week ending April 24, 2026. Trading activity saw a decrease in volume compared to the previous week. The stock closed at 1011.3, which remains slightly above its 50-day moving average. This indicates the price is currently trading near its average level of the past 50 days.
Technicals
The stock price closed at 1011.3 this week, marking a 2.47% decrease. The 20-day Simple Moving Average (SMA), which tracks the average price over 20 days to show short-term direction, is at 986.01, while the 50-day SMA, representing the medium-term trend, sits at 802.39. Both averages maintain an upward slope. Momentum indicators show the Relative Strength Index (RSI) at 52.03, a measure of speed and change of price movements, and the Moving Average Convergence Divergence (MACD) histogram at 6.38, indicating the difference between two moving averages. Volatility, measured by Bollinger Band width, is at 24.06%.
Fundamentals
Shriram Finance has demonstrated robust growth, with revenue increasing 25.6% YoY as of Mar 2025 and net profit rising 29.4% YoY. The company shows a strong 3-year CAGR (Compound Annual Growth Rate, representing the mean annual growth over three years) of 31.7% for revenue and 52.1% for net profit, indicating significant expansion. Profitability remains healthy, with a net profit margin of 19.4% on a TTM (Trailing Twelve Months, reflecting the last 12 months of performance) basis. The company maintains an ROE (Return on Equity, a measure of profitability relative to shareholder investment) of 18.2% as of Mar 2025. Currently, the stock trades at 20.9× PE (Price-to-Earnings ratio, comparing share price to earnings per share) and 3.1× PB (Price-to-Book ratio, comparing market value to book value).
News
During the week of April 20, 2026, Shriram Finance reported strong financial performance, with net profit rising 41% year-over-year to ₹3,014 crore for the fourth quarter. On April 24, 2026, the company announced a final dividend of ₹6 per share alongside plans for new debt-raising activities. Earlier in the week, the stock experienced increased market activity, including a surge in open interest and positive technical momentum. Additionally, institutional interest was highlighted on April 23, 2026, following reports of a fresh ₹4,174 crore investment by The Vanguard Group. Throughout the period, the company's market position was bolstered by these robust results and significant capital inflows, leading to favorable movements in its equity valuation.
Events
Shriram Finance reported audited results for FY26 and recommended a final dividend of ₹6 per share, bringing the total annual dividend to ₹10.80 per share. The company also announced the re-appointment of Parag Sharma as Managing Director and CEO for a five-year term.
Shriram Finance has approved its audited FY26 financial results and recommended a final dividend of ₹6 per share. Additionally, the board approved the reappointment of Mr. Parag Sharma as Managing Director and CEO for a five-year term starting December 2026.
Shriram Finance has approved its audited financial results and recommended a final dividend of ₹6 per share for FY26, bringing the total annual payout to ₹10.80 per share. The board also approved the re-appointment of Parag Sharma as Managing Director and CEO for a five-year term starting December 2026.
Shriram Finance has approved its FY26 audited financial results and recommended a final dividend of ₹6 per share, with a record date of July 3, 2026. The board also approved the reappointment of Parag Sharma as MD & CEO for a five-year term starting December 2026.
Shriram Finance has declared a final dividend of ₹6 per share for FY26, bringing the total annual dividend to ₹10.80 per share. Additionally, the board approved the re-appointment of Parag Sharma as Managing Director and CEO for a five-year term.
CRISIL Ratings upgraded Shriram Finance's long-term rating to 'AAA/Stable' following the completion of a ₹39,618 crore equity investment by MUFG Bank. This transaction significantly strengthens the company's capital base and is expected to lower borrowing costs, benefiting shareholders.
On April 9, 2026, ICRA issued a credit rating rationale report regarding the company's financial instruments, providing updated assessment details for stakeholders.
CRISIL Ratings has converted the provisional ratings for Sansar Nov 2025 V Trust's Series A1 and A2 PTCs to final 'CRISIL AAA (SO)' ratings, and the second loss facility to 'CRISIL BBB+ (SO)'. This securitisation transaction, originated by Shriram Finance Limited, is backed by a diversified pool of vehicle and equipment loans.
Shriram Finance has approved its audited FY26 financial results and recommended a final dividend of ₹6 per share. Additionally, the board approved the reappointment of Mr. Parag Sharma as Managing Director and CEO for a five-year term starting December 2026.
Shriram Finance has approved its audited financial results and recommended a final dividend of ₹6 per share for FY26, bringing the total annual payout to ₹10.80 per share. The board also approved the re-appointment of Parag Sharma as Managing Director and CEO for a five-year term starting December 2026.
Shriram Finance has approved its FY26 audited financial results and recommended a final dividend of ₹6 per share, with a record date of July 3, 2026. The board also approved the reappointment of Parag Sharma as MD & CEO for a five-year term starting December 2026.
Shriram Finance has declared a final dividend of ₹6 per share for FY26, bringing the total annual dividend to ₹10.80 per share. Additionally, the board approved the re-appointment of Parag Sharma as Managing Director and CEO for a five-year term.
CRISIL Ratings upgraded Shriram Finance's long-term rating to 'AAA/Stable' following the completion of a ₹39,618 crore equity investment by MUFG Bank. This transaction significantly strengthens the company's capital base and is expected to lower borrowing costs, benefiting shareholders.
On April 9, 2026, ICRA issued a credit rating rationale report regarding the company's financial instruments, providing updated assessment details for stakeholders.
CRISIL Ratings has converted the provisional ratings for Sansar Nov 2025 V Trust's Series A1 and A2 PTCs to final 'CRISIL AAA (SO)' ratings, and the second loss facility to 'CRISIL BBB+ (SO)'. This securitisation transaction, originated by Shriram Finance Limited, is backed by a diversified pool of vehicle and equipment loans.
Weekly Snapshot
Highlights
- Shriram Finance reported a 41% year-over-year increase in net profit to 3,014 crore for the fourth quarter.
- The company declared a final dividend of 6 per share for the fiscal year 2026.
- The stock price declined by 2.47% this week, closing at 1011.3.
- Technical indicators show the Relative Strength Index (RSI, a measure of price movement speed) at 52.03, indicating neutral momentum.
- CRISIL Ratings upgraded the company's long-term rating to AAA/Stable following a significant equity investment.
What This Means
Shriram Finance experienced a week defined by strong financial results and corporate developments. The company reported a significant jump in quarterly net profit and announced a final dividend for shareholders. While the stock price saw a moderate decline, it remains supported by positive technical trends and a recent credit rating upgrade to AAA/Stable following a large capital infusion.
Latest Quarter Info
For the quarter ending December 2025, the company demonstrated steady revenue growth, posting a 2.17% increase quarter-over-quarter and a robust 13.77% expansion year-over-year. While top-line momentum remains positive, the bottom-line performance reflects a more complex landscape. Net profit and earnings per share both saw a healthy sequential recovery of approximately 9.3%, yet they remain significantly lower compared to the same period last year, with a year-over-year decline of 22.13%. This divergence suggests that while the company is successfully managing its operational scale, higher interest expenses and other cost pressures continue to weigh on overall profitability margins. The current tax rate remains consistent at 25%, and the company continues to navigate these fiscal headwinds while maintaining its revenue trajectory.