Shriram Finance Q4 results 2026: profit up 41%

What Shriram Finance reported on April 24

Shriram Finance announced its March-quarter (Q4FY26) results on April 24, reporting a sharp year-on-year rise in profitability alongside steady growth in income and assets. The non-banking financial company (NBFC) said standalone net profit rose 41% to ₹3,014 crore for the quarter ended March 31, 2026. In the year-ago quarter, the company had reported net profit of ₹2,139 crore.

Alongside earnings, the Board recommended a final dividend for FY26, setting a record date in early July. The results also provided updates on loan segment growth, asset quality metrics, and margins. The stock ended the day in the green, even though the numbers were announced close to market hours.

Q4FY26 profit and revenue growth

For Q4FY26, Shriram Finance reported net profit of ₹3,013.57 crore, up from ₹2,139.39 crore in Q4FY25. On revenue, the company posted a 9% increase to ₹12,509 crore compared with ₹11,454 crore a year earlier.

The quarter also saw an improvement in key operating metrics linked to lending spreads. Net interest income (NII), which reflects the difference between interest earned from lending and interest paid on borrowings, rose 15.58% to ₹6,994 crore. Net interest margin (NIM) increased to 8.61% from 8.25% in the same quarter last year.

Dividend: ₹6 final payout and key dates

The company recommended a final dividend of ₹6 per equity share for FY26. The record date for the final dividend is July 3, 2026. The final payout is subject to shareholder approval at the company’s upcoming 47th Annual General Meeting scheduled for July 10, 2026.

Shriram Finance also disclosed that the final dividend comes in addition to an interim dividend of ₹4.80 per share paid in November 2025. With the final dividend, the total dividend for FY26 stands at ₹10.80 per share.

Loan growth drivers: vehicles remain a large share

Shriram Finance said commercial vehicle loans rose 19.49%, while passenger vehicle lending increased about 19.05%. Together, these two segments account for almost two-thirds of the company’s assets under management (AUM), as per the information provided.

On AUM, the company reported that it crossed ₹3 trillion for FY26. One disclosure pegged AUM at ₹3,02,273.75 crore, up 14.85% year-on-year. Another figure cited AUM of around ₹3.2 lakh crore, with growth of around 15%. Both point to a growing balance sheet, with vehicle finance still a major contributor.

Asset quality: gross stage 3 ratio largely stable

Asset quality indicators were broadly steady, with a marginal increase in delinquencies. The gross stage 3 ratio, which measures loans overdue for more than 90 days as a share of total loans (before provisions), edged up to 4.58% from 4.55% a year earlier. It was 4.54% in the December quarter.

While the movement was small, the disclosure matters because vehicle finance and mass-market lending are typically sensitive to local economic conditions and repayment cycles. Investors often track stage 3 ratios alongside margins to assess whether growth is being achieved without a meaningful rise in stress.

Full-year FY26 performance: profit at ₹9,998 crore

For the financial year ended March 31, 2026, Shriram Finance reported standalone net profit of ₹9,998.15 crore. Another disclosure compared FY26 profit after tax (PAT) of ₹9,998.15 crore with ₹8,271.61 crore in the previous year.

The company also noted that this figure excluded a one-time gain of ₹1,489.39 crore related to the sale of its stake in subsidiary Shriram Housing Finance. That disclosure is relevant for readers comparing year-on-year profitability, because exceptional gains can affect headline growth rates.

Stock market reaction on results day

On April 24, Shriram Finance shares closed 0.66% higher at ₹1,016 apiece. The results were published close to market hours, and the closing move captured only the day’s immediate reaction.

For shareholders, the combination of higher profits, a final dividend recommendation, and reported AUM growth were the key takeaways. At the same time, the slight uptick in the gross stage 3 ratio is a datapoint the market typically watches for confirmation in subsequent quarters.

Key numbers at a glance

Dividend timeline for FY26

Why these results matter for NBFC investors

Shriram Finance’s Q4FY26 numbers show a combination of profit growth and improving spreads, with NII and NIM rising year-on-year. The loan growth data suggests vehicle finance continues to drive a large part of the franchise, which is important because these segments can meaningfully influence credit costs and collections.

From a risk perspective, the gross stage 3 ratio was broadly stable with only a slight increase. For dividend-focused investors, the final dividend of ₹6 per share, along with the already paid interim dividend, puts the FY26 total at ₹10.80 per share, subject to shareholder approval for the final leg.

Conclusion

Shriram Finance closed FY26 with Q4 net profit of ₹3,014 crore and revenue of ₹12,509 crore, while reporting higher NII and a stronger NIM. The company has recommended a ₹6 final dividend for FY26, with July 3, 2026 as the record date and shareholder approval scheduled at the July 10 AGM. Investors will likely track subsequent updates on AUM growth and asset quality trends, especially as vehicle lending remains a large share of the book.