SHRIRAMFIN.NS Stock Today January 24: Ex-One-Time Profit +21%, NIMs Rise
Shriram Finance share price is in focus after solid Q3 numbers and stronger margins. The NSE-listed SHRIRAMFIN.NS reported PAT of ₹2,522 crore, up 21% year-on-year excluding last year’s one-time gain, with NIM expanding to 8.58%. Funding costs eased after MUFG’s 20% investment, supporting spreads. AUM grew about 15% and asset quality improved, beating street expectations. With cost-of-funds tailwinds and a healthier credit book, near-term sentiment around the Shriram Finance share price remains constructive as the market digests Q3 FY26 earnings announced on 23 January.
Q3 FY26 highlights and what changed
Excluding the one-off base, net profit rose 21% year-on-year to ₹2,522 crore, ahead of consensus, driven by wider spreads and steady operating metrics. Reported profit appears lower versus last year due to the prior exceptional gain, but core performance strengthened. Early read-throughs suggest the beat underpins positive sentiment for the Shriram Finance share price. See key takeaways in source.
Net interest margin rose to 8.58% as funding costs eased following MUFG’s 20% investment, helping protect spreads despite a competitive lending market. AUM expanded about 15% and asset quality improved, supporting earnings visibility. This combination of NIM expansion and cleaner credit trends is central to the constructive tone around the quarter. Coverage here: source.
Price action and trend signals
In the previous session, the stock closed at ₹1,005.5 after trading between ₹986.1 and ₹1,009.7. The 52-week high stands at ₹1,025.6. Returns remain strong: up 41.41% over 3 months, 53.44% over 6 months, and 89.42% over 1 year. With the Shriram Finance share price near highs, traders may watch for sustained volumes and follow-through above recent resistance.
Momentum is firm with RSI at 63.49 and ADX at 52.67, indicating a strong trend, while a slightly negative MACD histogram (-2.18) signals brief pauses are possible. Volatility sits around ATR 23.47. The Bollinger middle band near ₹947.25 and Keltner middle near ₹952.99 mark reference zones, while the Bollinger upper band near ₹1,064 could cap near-term upside.
Valuation and fundamentals to track
On 23 January 2026, the company posted its Q3 results. On current metrics, the stock trades at a PE of 19.19 with EPS of ₹52.29, and a price-to-book of 3.11. Dividend yield stands near 1.03% (₹10.3 per share TTM). After the Shriram Finance results beat, the Shriram Finance share price reflects earnings strength while still hinging on margin sustainability.
Debt-to-equity is 2.78 and interest coverage is 0.94, highlighting sensitivity to borrowing costs. The MUFG stake should aid a lower, more diversified funding mix, but rate moves and liquidity conditions matter. Investors should track asset quality trends, credit costs, and recovery rates. Sustained NIM expansion alongside disciplined growth can support returns without stretching risk.
What traders and investors could do today
The immediate hurdle is the 52-week high at ₹1,025.6. A convincing close above it can invite momentum buying, while the ₹947–₹960 zone (Bollinger middle ₹947.25, Keltner middle ₹952.99) may act as demand on dips. Given ATR of 23.47, position sizing and strict stops remain key as the Shriram Finance share price reacts to results-led flows.
With AUM up about 15% and NIM expansion in place, earnings compounding rests on stable credit costs and durable funding advantages from the MUFG stake. Operating leverage and fee income can add support. Macro drivers like RBI policy and commercial vehicle demand will steer growth. Delivery on guidance should keep the Shriram Finance share price aligned with fundamentals.
Final Thoughts
Q3 showed cleaner core strength: PAT at ₹2,522 crore (up 21% ex one-off), NIM at 8.58%, AUM growth near 15%, and improving asset quality. Lower funding costs post the MUFG stake are a timely boost, and the technical setup remains constructive near 52-week highs. Valuation at 19.19x earnings looks reasonable for a lender with widening margins, though leverage and modest interest coverage warrant discipline. For India investors, the takeaway is simple: track spreads, credit costs, and growth quality. If these pillars hold, the Shriram Finance share price can stay supported, with breakouts requiring volume confirmation and prudent risk management.
FAQs
Why is Shriram Finance share price in focus today?
The company delivered a stronger Q3: PAT of ₹2,522 crore rose 21% year-on-year excluding a one-off, NIM expanded to 8.58%, AUM grew about 15%, and asset quality improved. Funding costs eased after MUFG’s 20% investment. Together, these drivers beat expectations and support near-term sentiment for the stock.
What stood out in the Shriram Finance results?
Core profit growth, wider margins, and better asset quality led the quarter. Ex-one-off, PAT rose 21% to ₹2,522 crore, while NIM improved to 8.58%. AUM grew about 15%. Lower funding costs and stable credit trends strengthened earnings visibility versus the previous year’s elevated base.
How does the MUFG stake help Shriram Finance?
MUFG’s 20% investment lowers perceived risk and broadens access to funding, which can reduce cost of funds. That helped NIM reach 8.58% in Q3. Over time, a stronger liability profile can support steadier spreads, better pricing power, and more consistent credit growth if asset quality remains firm.
Is the stock expensive after the recent rally?
At a PE of 19.19, PB of 3.11, and dividend yield near 1.03%, valuation looks fair for a lender showing margin gains and improving credit. That said, leverage and interest coverage deserve monitoring. Upside from here likely depends on sustaining NIM gains, healthy AUM growth, and contained credit costs.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
