Board Meeting Details

The Board of Directors meeting was held on July 24, 2026, commencing at 11:00 AM and concluding at 1:40 PM. The Audit Committee reviewed the results on July 23, 2026.

Key Board Approvals

1. Approval of Financial Results: Approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, pursuant to Regulation 33 and 52 of Listing Regulations.

2. Debt Mobilization Plan: Approved periodical resource mobilization plan for issuance of debt securities (redeemable NCDs/subordinated debentures/bonds/notes) through private placement and/or public issue in one or more tranches from August 1, 2026, to October 31, 2026, for business purposes in onshore/offshore markets.

Standalone Financial Results (₹ in crores)

| Particulars | Q1 FY27 (Jun 30, 2026) | Q4 FY26 (Mar 31, 2026) | Q1 FY26 (Jun 30, 2025) | FY26 (Mar 31, 2026) |

| Total Income | 13,412.11 | 12,527.91 | 11,541.76 | 48,177.98 |

| Profit Before Tax | 4,622.11 | 3,915.31 | 2,906.73 | 13,292.26 |

| Tax Expense | 1,177.55 | 901.74 | 751.00 | 3,294.11 |

| Profit After Tax | 3,444.56 | 3,013.57 | 2,155.73 | 9,998.15 |

| Other Comprehensive Income | (106.15) | 598.18 | 37.76 | 888.81 |

| Total Comprehensive Income | 3,338.41 | 3,611.75 | 2,193.49 | 10,886.96 |

| Basic EPS (₹) | 14.83 | 16.02 | 11.46 | 53.15 |

| Diluted EPS (₹) | 14.82 | 16.01 | 11.45 | 53.11 |

| Paid-up Equity Capital | 470.58 | 376.31 | 376.13 | 376.31 |

Consolidated Financial Results (₹ in crores)

| Particulars | Q1 FY27 | Q4 FY26 | Q1 FY26 | FY26 |

| Profit After Tax (Continuing) | 3,447.26 | 3,015.14 | 2,155.25 | 10,004.20 |

| Share of Associate Profit | 5.51 | 6.23 | 4.19 | 10,024.70 |

| Net PAT (Total) | 3,452.77 | 3,020.95 | 2,159.39 | 10,024.15 |

| Total Comprehensive Income | 3,346.34 | 3,619.25 | 2,196.56 | 10,912.39 |

| Basic EPS (₹) (Continuing) | 14.86 | 16.06 | 11.48 | 53.29 |

| Diluted EPS (₹) (Continuing) | 14.85 | 16.05 | 11.47 | 53.25 |

Key Financial Metrics (Standalone)

  • Net Interest Income: ₹8,055.70 crores (Q1 FY27) vs ₹6,026.43 crores (Q1 FY26), up 33.67%
  • Capital Adequacy Ratio: 34.17% (Jun 30, 2026) vs 20.40% (Mar 31, 2026)
  • Gross NPA Ratio: 4.64% (Jun 30, 2026) vs 4.58% (Mar 31, 2026)
  • Net NPA Ratio: 2.33% (Jun 30, 2026) vs 2.33% (Mar 31, 2026)
  • NPA Provision Coverage Ratio: 50.99% (Jun 30, 2026) vs 50.34% (Mar 31, 2026)
  • Liquidity Coverage Ratio: 262.54% (Jun 30, 2026) vs 323.17% (Mar 31, 2026)
  • Net Worth: ₹108,297.48 crores (Jun 30, 2026) vs ₹65,244.09 crores (Mar 31, 2026)
  • Total Assets Under Management: ₹313,798.39 crores (Jun 30, 2026) vs ₹272,249.01 crores (Jun 30, 2025), up 15.26%

Preferential Allotment to MUFG Bank

  • On December 19, 2025, board approved issuance of 471,121,055 equity shares (face value ₹2 each) to MUFG Bank at ₹840.93 per share (including premium of ₹838.93) aggregating ₹39,617.98 crores.
  • Shareholders approved via EGM on January 14, 2026.
  • Allotment completed on April 8, 2026, making MUFG a 20% minority public shareholder.
  • Proceeds utilization: ₹37,451.22 crores utilized during Q1 FY26; unutilized ₹2,166.76 crores invested in liquid mutual funds.
  • No deviation/variation in utilization as per Regulation 32 statement.

Dividend Declaration

  • Final equity dividend of 300% (₹6 per share) for FY26 approved by shareholders at 47th AGM on July 10, 2026.
  • Record date: July 3, 2026; payment date: July 21, 2026.
  • Aggregate dividend payout: ₹14,117,490,768 (gross) subject to TDS.
  • Interim dividend of 240% (₹4.80 per share) declared on October 31, 2025.
  • Total dividend for FY26: ₹10.80 per share.

ESOP Allotment

  • Allotted 228,702 equity shares under Employee Stock Option Scheme 2023 at exercise price of ₹38.71 per share during Q1 FY27.

Subsidiary and Associate Updates

  • Shriram Overseas Investments Limited (SOIL): Wholly-owned subsidiary; sold entire 81.63% stake in Bharath Investment Pte Ltd on March 11, 2026; received RBI in-principle approval for Primary Dealer business on April 15, 2026.
  • Shriram Automall India Limited (SAMIL): Associate company; SFL's share of net profit ₹5.51 crores in Q1 FY27.

Other Notes

  • Labour Code Impact: Employee benefits expenses for FY26 include incremental gratuity impact of ₹131.71 crores and long-term absences impact of ₹65.24 crores due to new wage definition.
  • Accounting Policy Change: Transaction costs for two-wheeler loans amortized at EIR from January 1, 2026, reducing fees/commission expenses and interest income by ₹51.50 crores and ₹2.52 crores respectively for Q4 FY26.
  • Segment Information: Single geographical segment (domestic) and primarily engaged in financing business.

Enclosures

1. Unaudited standalone and consolidated financial results with limited review reports

2. Statement of no deviation in preferential issue funds utilization

3. Utilization of issue proceeds of non-convertible securities

4. Independent auditor's certificate on security cover

5. Press release and investor update

Publication and Website

  • Financial results extract with QR code to be published in one English and one vernacular newspaper as per Regulation 47 and 52(8).
  • Results uploaded on company website (www.shriramfinance.in) as per Regulation 46.