Shriram Finance Q4 FY26: PAT up 41%, ₹6 dividend

Results headline: profit growth, dividend, and a stock dip

Shriram Finance reported a strong set of standalone numbers for the March quarter (Q4 FY26), led by a sharp rise in profit and higher net interest income. Standalone profit after tax (PAT) rose about 41% year-on-year to around ₹3,014 crore for the quarter ended March 31, 2026. Total income also increased by about 9% year-on-year, taking quarterly income to about ₹12,528 crore. Alongside the results, the company’s board recommended a final dividend of ₹6 per share (post-split), subject to shareholder approval. Despite the profit jump, the stock fell nearly 4% to ₹971.35 per share on Monday, highlighting that near-term price moves can differ from headline earnings momentum.

Key Q4 FY26 numbers (standalone)

For Q4 FY26, Shriram Finance reported standalone net profit of ₹3,013.57 crore, up 40.86% from ₹2,139.39 crore in Q4 FY25. Profit before tax (PBT) rose 41.24% to ₹3,915.31 crore from ₹2,771.98 crore. Total income increased 9.31% to ₹12,527.91 crore versus ₹11,454 crore reported for Q4 FY25 in one comparison cited. Net interest income (NII) rose 15.58% to ₹6,994.08 crore, compared with ₹6,051.19 crore a year earlier. Another results highlights snapshot also listed total income of ₹12,447.84 crore, operating profit of ₹3,832.97 crore, PAT of ₹3,021.36 crore, and operating margin of 30.79%, indicating slightly different headline presentation across summaries.

Net interest income and operating profit in focus

NII growth to about ₹6,994 crore was a key driver of the quarter’s earnings performance, as reported across multiple summaries. The company’s operating profit was also reported higher year-on-year, with one disclosure stating operating profit increased 22.83% to ₹5,325.04 crore from ₹4,335.27 crore. Earnings per share (EPS) for the quarter was reported at ₹16.02, up 41% year-on-year. The quarter’s profit growth was widely described as a meaningful beat versus expectations, with the “Street” estimate for PAT cited at approximately ₹2,400 crore to ₹2,600 crore versus the reported ~₹3,014 crore.

AUM and loan book context

Shriram Finance’s assets under management (AUM) were reported at ₹302,274 crore at the end of FY26, reflecting a 15% increase. A separate estimate comparison cited AUM of ₹302,000 crore versus an estimate of ₹305,000 crore. The company’s diversified retail lending presence was referenced across segments including commercial vehicles, two-wheelers, passenger cars, gold loans, home loans, MSME, and personal finance. While the article summaries did not provide segment-wise disbursement or asset quality metrics, the AUM and NII numbers together point to continued scale-up and earnings generation from the core lending portfolio.

Dividend: ₹6 final payout, record date July 3

The board recommended a final dividend of ₹6 per equity share for FY26, described as 300% on a face value of ₹2 each, subject to shareholder approval at the upcoming 47th Annual General Meeting. The record date to determine eligible shareholders was fixed as July 3, 2026. The final dividend was stated to be in addition to an interim dividend of ₹4.80 per share paid on November 17, 2025. With the final dividend recommendation, total dividend for FY 2025-26 was cited at ₹10.80 per share.

Full-year FY26 snapshot: NII and PAT

For the financial year ended March 31, 2026, NII was reported at ₹26,051.44 crore, up 14.09% year-on-year from ₹22,835.09 crore in FY25. Full-year PAT was reported at ₹9,998.15 crore, up 20.87% from ₹8,271.61 crore in the previous year. The full-year comparison was specified as excluding a one-time gain of ₹1,489.39 crore from the sale of its stake in subsidiary Shriram Housing Finance. This disclosure is important because it separates recurring performance from non-recurring income.

Market reaction: stock fell nearly 4%

Even after the profit rise, Shriram Finance shares were reported down nearly 4% to ₹971.35 on Monday. The article summaries did not attribute the decline to a specific catalyst, but the movement shows that quarterly beats do not always translate into immediate gains. For investors, the focus often shifts from headline profit growth to other factors such as valuations, guidance commentary (if any), and how closely key metrics match expectations. In this case, AUM was cited as slightly below an estimate in one comparison, even as PAT was described as a strong beat.

Key figures at a glance

The following table consolidates the most consistently reported standalone Q4 FY26 numbers cited in the provided text.

What to watch next

The next immediate milestone is shareholder approval of the final dividend at the company’s 47th Annual General Meeting, with July 3, 2026 set as the record date for eligibility. Investors will also track whether growth in AUM and NII remains consistent, given the importance of core interest income to an NBFC’s earnings profile. Where available in subsequent disclosures, investors typically look for updates on credit costs, asset quality, and segment performance to understand how profit growth is being achieved.

Conclusion

Shriram Finance’s Q4 FY26 results showed a sharp year-on-year rise in standalone profit, supported by higher NII and a larger AUM base. The company also recommended a ₹6 final dividend, taking the total dividend for FY25-26 to ₹10.80 per share including the interim payout. Despite the strong earnings headline, the stock was reported down nearly 4% on the day, keeping attention on upcoming corporate actions and follow-through in operating metrics. The next confirmed event on the calendar is the dividend record date on July 3, 2026, ahead of shareholder approval at the AGM.