Shriram Finance FY25: AUM Growth, Asset Quality Shift, and a Payments Push

Standalone PAT for FY ended March 31, 2025 was INR 9,761.00 crore. Consolidated PAT for FY ended March 31, 2025 was INR 9,576.32 crore.

In standalone results, the exceptional gain from disinvestment of SHFL was INR 1,656.77 crore (INR 1,489.39 crore net of tax). In consolidated results, the exceptional gain disclosed was INR 1,553.66 crore.

The board recommended a final dividend of INR 3 per equity share (face value INR 2) for FY25, subject to shareholder approval. Including the two interim dividends, the company stated the total dividend for FY25 will be INR 9.90 per share of face value INR 2 after adjusting for the share split.

Total AUM as of Q4 FY25 was INR 2,631,902.7 million (approximately INR 263,190.27 crore) per the investor update.

Gross stage 3 ratio in Q4 FY25 was 4.55% versus 5.38% in Q3 FY25 (investor update). Net stage 3 ratio in the standalone annexure was 2.70% at March 31, 2025 versus 2.64% at March 31, 2024.

The investor update shows total borrowings of INR 2,341.9 billion in Q4 FY25, including public deposits (INR 560.9 billion), term loans (INR 493.4 billion), non-convertible debentures (INR 383.0 billion), and securitisation (INR 380.5 billion), among others.

The board approved a proposal to offer payment services through mobile wallets, prepaid cards (food and gift cards), FASTag and other modes, subject to receiving Reserve Bank of India authorization and other statutory approvals, and approved altering the Memorandum of Association object clause to enable prepaid payment instruments and payment services.