Shriram Finance Acquires Full Ownership of Shriram Overseas Investments
Shriram Finance has completed the acquisition of a 100% equity stake in Shriram Overseas Investments Private Limited (SOIPL) from Shriram Investments Holdings Private Limited (SIHPL). This strategic move aims to strengthen Shriram Finance's portfolio and potentially enhance its overseas investment capabilities. The acquisition could lead to an expanded investment portfolio, strategic growth, and potential synergies with existing operations.
06May 25
Shriram Finance to Acquire Shriram Overseas Investments for ₹501.20 Crore
Shriram Finance has announced the acquisition of Shriram Overseas Investments Pvt Ltd (SOIPL) for ₹501.20 crore. The company also plans to inject additional equity share capital of up to ₹500.00 crore into SOIPL. This strategic move aims to expand Shriram Finance's portfolio and potentially strengthen its presence in overseas markets.
29Apr 25
Shriram Finance Targets 8.5% NIM Amid Q4 Profit Surge and Rate Cut Expectations
Shriram Finance announced Q4 FY25 results with a 9.94% YoY increase in net profit to Rs 2,139.40 crore and a 20.66% rise in revenue to Rs 11,460.20 crore. The company aims to maintain a stable 8.5% net interest margin for the current financial year despite anticipated pressure in FY25. Management expects benefits from recent repo rate cuts within 3-6 months and plans to pass some to customers. Credit costs are projected to remain manageable, reflecting strong risk management practices.
28Apr 25
Shriram Finance: Mixed Analyst Ratings Amid Q4 Results and New Ventures
Shriram Finance announced a 10% YoY increase in Q4 standalone net profit to Rs 2,139.00 crore, with net interest income rising 13% to Rs 6,051.00 crore. However, shares fell 4.77% due to a Rs 2,345.11 crore Gross NPA write-off. The loan book expanded to Rs 2.45 lakh crore, with management guiding 15% loan growth next year. Revenue decreased by 7.30% to Rs 11,460.00 crore, while operating profit grew 6.47% to Rs 8,161.00 crore. The board approved a final dividend of Rs 3 per share, and the company plans to enter the payment services sector pending RBI approval.
25Apr 25
Shriram Finance: Q4 Profit and NII Miss Estimates, Stock Drops 6%
Shriram Finance's Q4 FY24 results show a 9.90% increase in net profit to Rs 2,139.40 crore and a 9.40% rise in Net Interest Income to Rs 5,565.50 crore, both falling short of market expectations. Asset quality improved with GNPA decreasing to 4.55% from 5.38%. The company declared a final dividend of Rs 3 per share. Despite mixed results, the stock closed 6% lower at Rs 655.65 on BSE.
24Apr 25
Shriram Finance: Fixed Deposit Rates to Increase from May 2025, Q4 and FY2025 Results Pending
Shriram Finance Ltd. has announced important dates for financial disclosures and corporate actions. The company will revise its fixed deposit interest rates from May 2, 2025, with the highest effective yield at 9.93% for a 60-month deposit. The board meeting on April 25, 2025, will address Q4 and FY2025 financial results, final dividend consideration, and resource mobilization plans for FY2026. A trading window closure is in effect, and an earnings call is scheduled for April 25, 2025, at 7:00 PM.
22Apr 25
Shriram Finance Shares See Significant Block Trade on NSE
A significant block trade of 468,720 shares of Shriram Finance Ltd occurred on the National Stock Exchange at Rs. 704.75 per share, totaling Rs. 33.03 crore. This large transaction suggests potential shifts in institutional holdings or strategic moves by major investors. The identities of the involved parties remain undisclosed.
10Apr 25
Shriram Finance Announces Board Meeting for Q4 Results, Dividend, and Fund-Raising Plans
Shriram Finance Limited has scheduled a board meeting for April 25, 2025, to discuss Q4 and FY2025 financial results, potential dividend recommendation, and approval of a resource mobilization plan for FY2025-26. The plan includes issuing debt securities, exploring offshore bonds, and considering equity fund-raising options through various methods. The meeting will also address preparations for the 46th Annual General Meeting.
09Apr 25
Shriram Finance Seeks RBI Approval for Standalone Primary Dealership
Shriram Finance, a leading NBFC, has applied for a standalone primary dealership license from the Reserve Bank of India. If granted, this license would allow the company to participate directly in government securities auctions, engage in secondary market trading, and underwrite government securities. This move indicates Shriram Finance's intent to expand its market presence, diversify revenue streams, and strengthen its position in the debt market. The application is subject to RBI approval, which will evaluate factors such as financial strength, risk management capabilities, and market expertise.
08Apr 25
Shriram Finance Eyes Expansion with Bid for Standalone Primary Dealership License
Shriram Finance has applied for a standalone primary dealership license from the Reserve Bank of India (RBI). If granted, this license would allow the company to participate in government securities auctions, engage in trading activities, and offer a wider range of financial products. This move aims to expand Shriram Finance's market presence, diversify revenue streams, and enhance its position in the financial services sector. The application is currently under review by the RBI.