Shriram Finance Ltd

Q1 FY27Finance

Shriram Finance Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹1,011

Market cap₹2.4L Cr

P/E21.0

Updated23 Sept 2026

Read4 min read

What the Q1 FY27 call signalled

2 of 4 strong

RevenueModerate growth

MarginMargins steady

CapexCapex planned

FundraiseFundraise planned

The short version

Shriram Finance expects overall growth around 18% for FY '27, with cautious optimism to revise post Q2 depending on monsoon impact. Shriram Finance expects continued growth, aiming for overall AUM growth around 18% for FY '27, with quarterly growth trending upwards.

From Shriram Finance Ltd's Q1 FY27 earnings-call transcript · updated 23 Sept 2026.

Revenue & Sales Performance

Moderate growth

Shriram Finance expects overall growth around 18% for FY '27, with cautious optimism to revise post Q2 depending on monsoon impact.
MSME portfolio growth projected to be higher than overall book growth (18%), supported by expansion into North and East regions.
Commercial vehicle (CV) growth expected at around 15%, with new vehicle financing gaining share from 16% of disbursements currently to 20-25% in medium term.
Construction equipment sales showing signs of recovery; growth expected to resume from next quarter after previous negative trends.
Gold loan portfolio planned to double in size over next 3 years due to branch expansion.

2 more points management made on revenue & sales performance

Profitability & Margins

Shriram Finance expects continued growth, aiming for overall AUM growth around 18% for FY '27, with quarterly growth trending upwards.
MSME growth is projected to be higher than the overall book's 18% target, supported by expansion into new regions.
Construction equipment financing shows signs of revival with positive sales growth, expected to ramp up disbursements next quarter.
New vehicle financing is increasing and anticipated to grow from 16% of disbursements to 20-25% in the medium term, contributing to higher volume and profitability.
NIM guidance remains stable around 8.5% medium-term, with short-term NIMs holding at about 9%, supported by efficient capital utilization.

2 more points management made on profitability & margins

See what Shriram Finance Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned

Shriram Finance plans to add around 150 new branches in FY '27 to support growth, indicating capital investment in branch expansion (Page 14).
There will be an increase in manpower aligned with branch expansion without significant rise in operational costs, suggesting investment in human resources (Page 14).
The company is focusing on scaling its MSME portfolio geographically, especially in North and East India, requiring investment in specialized staffing and infrastructure (Page 11).

2 more points management made on capital expenditure plans

Top-ranked in Finance

Ranked on what management guided this quarter

5x potential

1Mufin Green Finance Ltd₹2.6K Cr

Rev 1Mar 1

2Akiko₹454 Cr

Rev 1Mar 1

3₹972 Cr

Rev 1Mar 2

4₹358 Cr

Rev 1Mar 2

5₹1.5L Cr

Rev 1Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The company currently has surplus liquidity from recent capital infusion and has been utilizing it for growth.
No significant fresh borrowing occurred in the recent quarter.
Fresh borrowings are expected to resume towards the end of the quarter, including through securitization and direct assignments.
Bank borrowing is projected at around 8% cost when started.
Incremental borrowing cost is lower than the average cost on book.
There is no immediate plan for equity fundraising mentioned.
The company intends to mobilize new funds toward the end of the quarter to support growth rather than repay liabilities.

2 more points management made on fundraising & capital structure

See what Shriram Finance Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript provided from the Shriram Finance Limited conference call does not mention any specific details about the company's current or expected order book or pending orders. The discussion primarily revolves around financial performance, growth in loan portfolios (CV, MSME, Gold), asset quality, impact of macroeconomic factors (e.g., West Asia crisis, monsoon uncertainty), branch expansion plans, funding cost, and NIM guidance. Therefore, no information is available from the document regarding Shriram Finance's current or expected order book or pending orders.

What Shriram Finance Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Shriram Finance Ltd Q1 FY27 results?

What is Shriram Finance Ltd share price analysis?

Shriram Finance Ltd currently shows a below-average growth signal. The stock trades at a P/E of 21.0 with a market cap of ₹237,658 Cr. Investors should review the full earnings analysis for detailed insights.

Is Shriram Finance Ltd planning capital expenditure?

Shriram Finance plans to add around 150 new branches in FY '27 to support growth, indicating capital investment in branch expansion (Page 14).

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.