Shriram Finance Limited — Q1FY27 earnings call summary

Filed 27 July 2026 · Official transcript

Asset quality stable; gross Stage 3 at 4.64%, net Stage 3 at 2.33%; credit cost guidance ~2%
Cost-to-income ratio stable around 25%; 150 branches to be added in FY27
Q1 FY27 disbursement grew 19.5% y-y to INR49,974.5 Cr; AUM up 15.3% y-y to INR313,798 Cr
NIM at 9.04% in Q1; guided to hold near term, medium term around 8.5%
New vehicle finance at 16% of disbursements, expected to rise to 20-25% in 2-3 years
MSME and gold loan portfolios expected to grow faster than overall book
Growth guidance maintained at 18% for FY27, with reassessment post Q2
Net interest income rose 33.7% y-y to INR8,055.7 Cr; PAT increased 59.8% y-y to INR3,444.6 Cr