Prabhudas Lilladher cuts target to INR 1,200 for Shriram Finance stock

Published on 10/26/2026 at 15:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter profit rose 59.00 percent to INR 3.68 billion. Shriram Finance stock closed at INR 825.00 on October 26, 2026, down 4.62 percent versus INR 865.00.

Analyst target and quarterly profit

Prabhudas Lilladher cut its target from INR 1,250 to INR 1,200 in a report dated October 24, 2026.
Shriram Finance reported second-quarter fiscal 2027 net profit of INR 3.68 billion, up 59.00 percent year over year.
Shriram Finance stock closed at INR 825.00 on October 26, 2026, down 4.62 percent from INR 865.00.

Shriram Finance, INE721A01013, Illustration mit AI erstellt.

Shriram Finance stock is the subject of a lower price target from Prabhudas Lilladher, which cut its target from INR 1,250 to INR 1,200 in a research report dated October 24, 2026, while retaining its Buy rating, as reported by Moneycontrol. The revised target is 45.45 percent above the October 26 price. The NSE quote closed at INR 825.00 on October 26, 2026 at 3:28 p.m. IST, down 4.62 percent from the prior close of INR 865.00.

Why the target changed

Prabhudas Lilladher cited stronger margins alongside higher credit-cost assumptions. Its report said assets under management grew 17.00 percent year over year in the second quarter of fiscal 2027 to INR 3.29 trillion, while management reduced full-year growth guidance to 15.00-17.00 percent from 18.00 percent.

Financial Express reported that consolidated net profit reached INR 3.68 billion in the second quarter of fiscal 2027, up 59.00 percent from INR 2.31 billion a year earlier. Total income rose 15.80 percent to INR 13.80 billion, keeping the growth picture positive while credit costs became the main valuation concern.

Profit growth meets credit pressure

The company also reported net interest income of INR 8.41 billion for the quarter, up 40.00 percent year over year, according to Business Today. The same report said the cost-to-income ratio fell to 22.90 percent from 25.90 percent in the preceding quarter and 30.50 percent a year earlier. The improvement in operating efficiency therefore sits beside a more cautious growth outlook.

Valuation and stock position

Shriram Finance had a price-to-earnings ratio of 13.75 and a market capitalization of INR 1.9 trillion on October 26, 2026. Its reported share price ranged from INR 710.25 to INR 1,153.70 over the previous 52 weeks, placing the closing price 28.56 percent above the low and 28.51 percent below the high.

Closing price and investor view

The October 26 decline places the stock below the latest analyst targets, while the second-quarter figures show that profit growth and operating efficiency remain substantial. The key tension is the distance between 15.00-17.00 percent growth guidance and the higher credit costs cited in the brokerage research.

The NSE quote closed at INR 825.00 on October 26, 2026 at 3:28 p.m. IST, down 4.62 percent from the Xetra-equivalent prior close of INR 865.00.