Shriram Finance (SHRIRAMFIN) Q1 26/27 earnings summary

Executive summary

• Q1 FY27 delivered strong financial and operational performance, with net interest income up 33.67% year-over-year to ₹8,055.70 crore and profit after tax up 59.79% to ₹3,444.56 crore.

• EPS increased 29.41% year-over-year to ₹14.83, and book value per share rose 48.52% to ₹461.78.

• Assets under management (AUM) grew 15.26% year-over-year to ₹313,798.39 crore as of June 30, 2026.

• The company remains cautious due to macroeconomic uncertainties, including monsoon deficits, inflation, and geopolitical tensions.

• Board approved unaudited financial results and a resource mobilisation plan for debt securities issuance from August to October 2026.

Financial highlights

• Disbursements grew 19.51% year-over-year to ₹49,974.49 crore.

• Net interest income for Q1 FY27 was ₹8,055.70 crore, up 33.67% year-over-year.

• Profit after tax for Q1 FY27 reached ₹3,444.56 crore, a 59.79% increase year-over-year.

• Net interest margin improved to 9.04% from 8.11% a year ago.

• Cost-to-income ratio improved to 25.48% from 29.29% year-over-year.

Outlook and guidance

• Full-year growth guidance remains at 18%, with a minimum expectation of 15% growth for the next quarter.

• NIM expected to hold near current levels for two quarters, then moderate to around 8.5% medium term as new vehicle mix rises.

• Credit cost guidance remains at 2%, with no anticipated risk in the near or medium term.

• The company continues to focus on expanding its lending portfolio and resource mobilisation through debt securities.

• Forward-looking statements highlight risks from strategy execution, policy changes, and regulatory environment.