Shriram Finance cuts AUM guidance: Shriram Finance stock fell 4.62 percent

Published on 10/27/2026 at 09:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 profit rose 59.37 percent to INR 3,677.03 crore on October 23, 2026. The Q2 report cut targets to INR 1,095 for Shriram Finance stock.

Growth and credit risk

Second-quarter profit increased 59.37 percent to INR 3,677.03 crore on October 23, 2026.
Full-year AUM growth guidance moved from 18 percent to 15-17 percent for fiscal year 2027.
Shriram Finance had market capitalization of INR 1.9 trillion as of October 27, 2026.

Shriram Finance, INE721A01013, Illustration mit AI erstellt.

Shriram Finance stock (ISIN INE721A01013) fell 4.62 percent to an NSE close of INR 825.00 on October 26, 2026, after the lender cut its fiscal-year 2027 assets-under-management growth guidance from 18 percent to 15-17 percent. The move followed second-quarter results that showed strong profit growth but higher credit costs, as The Hindu BusinessLine reported on October 26, 2026.

Profit rises as guidance narrows

For the quarter ended September 30, 2026, standalone profit after tax increased 59.37 percent year over year to INR 3,677.03 crore from INR 2,307.18 crore. Net interest income rose 38.20 percent to INR 8,661.04 crore, while assets under management reached INR 3.29 trillion, up 16.96 percent year over year, according to CNBC TV18 on October 23, 2026.

The softer guidance reflects a more cautious operating picture. Gross Stage 3 assets rose 19.4 percent year over year to INR 15,212.70 crore in the September quarter, while the company linked the revised AUM view to weak monsoon conditions and geopolitical uncertainty.

What do lower targets mean?

Brokerage actions added pressure after the results. JPMorgan reduced its target from INR 1,215 to INR 1,095, while Nomura cut its target from INR 1,235 to INR 1,015, according to Zee Business on October 26, 2026. The contrast is clear: profit expanded rapidly, but rising credit costs and asset-quality concerns narrowed the valuation cushion.

Three recent shareholder events

On October 23, 2026, Shriram Finance approved second-quarter and half-year results with profit after tax of INR 3,677.03 crore; on the same date, it declared an interim dividend of INR 6.50 per share; on October 26, 2026, brokerages reported target reductions including JPMorgan's move to INR 1,095.

Two dates for shareholders

The interim dividend record date is October 29, 2026, and payment is scheduled before November 20, 2026, according to EquityBulls on October 23, 2026.

Market value and credit risk

Shriram Finance had market capitalization of INR 1.9 trillion as of October 27, 2026. The NSE close of INR 825.00 on October 26, 2026 puts the market response in sharp contrast with the 59.37 percent quarterly profit increase. The next test is whether credit costs stabilize while the lender delivers even the revised 15-17 percent AUM growth range.