Shriram Finance: Shares of Shriram Finance fell 3.7 per cent to an intraday low of Rs 973 in early trade on Monday after the lender reported its Q4FY26 results. While the stock reacted negatively to a marginal uptick in credit costs and some concerns around near‑term asset‑quality trends, brokerages largely remained bullish on the long‑term outlook, citing steady AUM growth, cost efficiency, margin expansion potential, and capital support from MUFG. Most analysts maintained Buy and Overweight ratings, with revised target prices ranging from Rs 1,100 to Rs 1,250, implying 23 per cent upside from current levels at the highest target price.
Motilal Oswal On Shriram Finance
Morgan Stanley on Shriram Finance
Nomura On Shriram Finance
Shriram Finance reported a strong performance in the March quarter of FY26, with net profit rising 41 per cent year‑on‑year to Rs 3,014 crore, compared with Rs 2,139 crore in the corresponding quarter last year.
The company’s net interest income (NII) increased 21.3 per cent YoY to Rs 6,749 crore in Q4FY26 from Rs 5,565 crore a year earlier.. However, impairments rose 9.8 per cent YoY to Rs 1,563 crore.
Shriram Finance’s assets under management (AUM) grew 14.9 per cent YoY to Rs 3.02 lakh crore, up from Rs 2.63 lakh crore in Q4FY25, driven by sustained demand across its lending portfolio.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
