Shriram Finance announced its results for Q3 and 9M FY26, reporting a 13.88% increase in total income to ₹121,915.8 million for Q3. The company also received upgrades from various rating agencies. The board approved raising funds via preferential issue to MUFG Bank Ltd. Key financial metrics and segment-wise AUM details were provided, along with updates on Shriram Automall India Limited (SAMIL) and Shriram Overseas Investment Limited (SOIL).
Financial Performance Highlights
Shriram Finance reported the following key financial results:
- Total Income (Q3 FY26): Increased by 13.88% to ₹121,915.8 million.
- Net Interest Income (Q3 FY26): Increased by 16.17% to ₹67,640.9 million.
- Profit After Tax (Q3 FY26): Increased by 21.21% to ₹25,216.7 million (excluding exceptional items).
- Total Income (9M FY26): Increased by 17.27% to ₹356,500.7 million.
- Net Interest Income (9M FY26): Increased by 13.55% to ₹190,573.6 million.
- Profit After Tax (9M FY26): Increased by 13.90% to ₹69,845.8 million (excluding exceptional items).
Key Business Updates
The Board of Directors approved raising funds of ₹396,179.8 million through the preferential issue of equity shares to MUFG Bank Ltd. The preferential issue is awaiting necessary statutory and regulatory approvals.
Credit Rating Upgrades
Several rating agencies upgraded Shriram Finance’s ratings:
- CARE: Upgraded to AAA Stable.
- CRISIL: Upgraded to AA+/Watch Positive.
- ICRA: Upgraded to AA+ with a Positive outlook.
- Fitch: Upgraded Long Term IDR to BB+ and Short Term IDR to B, both with a Rating Watch Positive.
- S&P Global Ratings: Upgraded to BBB-/Stable/A-3.
- Moody’s: Upgraded to BA1/Positive.
AUM Break-up
Total AUM as of Q3 FY26 increased by 14.63% to ₹2,917,090.3 million.
Performance of Shriram Automall India Limited (SAMIL)
- Revenue from operation earned ₹656.3 million in Q3 FY26
- Profit after Tax (PAT): Q3 FY26: ₹127.1 million and 9M FY26: ₹320.2 million
Performance of Shriram Overseas Investment Limited (SOIL)
- Revenue from operation earned ₹50.1 million in Q3 FY26
- Profit after Tax (PAT): Q3 FY26: ₹23.5 million and 9M FY26: ₹45.9 million
Source: BSE
