−18% from the high · +53% from the low
Short build-up into a 26-day expiry: futures OI +3.4% on a −3.8% day, the most call OI sits at 1,000, the most put OI at 980, max pain 980.
SHRIRAMFIN futures closed at ₹946.90, +0.2% to spot, with 97% of open interest in the 27 Oct contract, and the 940 straddle prices a move of about ±6.9% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct26 days | ₹946.90 | +1.90+0.2% | +2.8% | 30,000▲ +2.9% · +860 lots | 97 | 6,100 |
| 23 Nov53 days | ₹948.25 | +3.25+0.3% | +2.4% | 900▲ +15.3% · +120 lots | 2.9 | 290 |
| 29 Dec89 days | ₹952.85 | +7.85+0.8% | +3.4% | 58▲ +383.3% · +46 lots | 0.19 | 66 |
3.1% of futures OI sits beyond the 27 Oct contract · 32 of 41 listed contracts traded · 28,000 option contracts changed hands
The 940 straddle closed at ₹64.85 (call 36.10 + put 28.75), pricing a move of about ±6.9% by the 27 Oct expiry. In the last 253 windows of 19 sessions, SHRIRAMFIN moved more than that 151 times.
After the last 8 bulletins, SHRIRAMFIN closed higher five sessions later in 1 of 8.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 22 SeptShriram Finance launches $460 million debt tender offer | ▲ +0.5%Nifty +0.5% · 0.0 pp | ▼ −1.6%Nifty −1.1% · −0.5 pp | ▼ −2.3%Nifty −3.0% · +0.7 pp | ▲ +1.7%long build-up |
| 22 SeptShriram Finance approves $460 million cash tender offer | ▼ −0.6%Nifty −0.4% · −0.2 pp | ▼ −0.1%Nifty +0.1% · −0.2 pp | ▼ −4.0%Nifty −3.0% · −1.0 pp | ▲ +0.7%short build-up |
| 20 SeptShriram Finance receives multiple rating upgrades from agencies | ▲ +0.2%Nifty +0.3% · −0.1 pp | ▼ −0.4%Nifty −0.1% · −0.3 pp | ▼ −3.3%Nifty −2.4% · −0.9 pp | ▼ −0.3%short covering |
| 16 AugSensex and Nifty rise as RBI holds repo rate steady | 0.0%Nifty −0.3% · +0.3 pp | ▼ −1.2%Nifty −0.9% · −0.3 pp | ▼ −0.3%Nifty −0.6% · +0.3 pp | ▲ +0.3%flat |
| 15 AugSensex and Nifty close higher after RBI holds rates steady | 0.0%Nifty −0.3% · +0.3 pp | ▼ −1.2%Nifty −0.9% · −0.3 pp | ▼ −0.3%Nifty −0.6% · +0.3 pp | ▲ +0.3%flat |
| 24 JulShriram Finance reports strong Q1 net profit growth | ▲ +3.3%Nifty +1.0% · +2.3 pp | ▲ +3.6%Nifty +0.9% · +2.6 pp | ▲ +8.5%Nifty +4.2% · +4.2 pp | ▲ +1.6%long build-up |
| 12 JulStock market opens strong with Nifty up 1.5% | ▲ +0.4%Nifty 0.0% · +0.4 pp | ▼ −2.9%Nifty −0.6% · −2.3 pp | ▼ −0.8%Nifty +0.1% · −1.0 pp | ▲ +1.1%long build-up |
| 10 MayShriram Finance receives Moody’s upgrade to Baa3 rating | ▼ −3.2%Nifty −1.5% · −1.7 pp | ▼ −7.7%Nifty −3.3% · −4.4 pp | ▼ −7.3%Nifty −2.2% · −5.2 pp | ▼ −1.8%long unwinding |
Revenue ₹13,400 cr, +16% on a year earlier; profit ₹3,453 cr, +60% in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 24 Jul | ₹13,400 cr | ▲ +16% | ₹3,453 cr | ▲ +60% | 14.85 | ▼ −2.0%Nifty −0.4% · −1.6 pp |
| Mar 2026filed 24 Apr · audited | ₹12,513 cr | ▲ +9.3% | ₹3,021 cr | ▲ +41% | 16.05 | ▼ −3.6%Nifty +0.8% · −4.4 pp |
| Dec 2025filed 23 Jan | ₹12,171 cr | ▲ +14% | ₹2,530 cr | ▼ −22% | 13.44 | ▼ −0.2%Nifty −0.9% · +0.8 pp |
| Sept 2025filed 31 Oct | ₹11,912 cr | ▲ +18% | ₹2,314 cr | ▲ +7.5% | 12.29 | ▲ +6.3%Nifty +0.2% · +6.2 pp |
| Jun 2025filed 25 Jul | ₹11,536 cr | ▲ +20% | ₹2,159 cr | ▲ +6.3% | 11.47 | ▼ −2.8%Nifty −0.9% · −1.9 pp |
| Mar 2025filed 25 Apr · audited | ₹11,454 cr | ▲ +16% | ₹2,144 cr | ▲ +6.1% | 11.39 | ▼ −5.1%Nifty +1.2% · −6.3 pp |
| Dec 2024filed 24 Jan | ₹10,698 cr | ▲ +15% | ₹3,249 cr | ▲ +73% | 17.25 | ▼ −3.0%Nifty −1.1% · −1.9 pp |
| Sept 2024filed 25 Oct | ₹10,090 cr | ▲ +14% | ₹2,153 cr | ▲ +20% | 56.85 | ▲ +5.4%Nifty +0.7% · +4.7 pp |
| Year | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ |
|---|---|---|---|---|---|
| FY26to Mar 2026 | ₹48,133 cr | ▲ +15% | ₹10,024 cr | ▲ +4.7% | 53.25 |
| FY25to Mar 2025 | ₹41,847 cr | ▲ +15% | ₹9,576 cr | ▲ +29% | 139.22 |
| FY24to Mar 2024 | ₹36,381 cr | — | ₹7,399 cr | — | 195.72 |
SHRIRAMFIN trades at 17 times trailing earnings against 22 for its industry, 3.4 times book value, revenue +14% over twelve months, a 2.3% dividend yield, market cap ₹2,20,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| BAJFINANCEBajaj Finance Limited | 5,90,000 cron 1 Oct | 29consolidated | 5.0 | ₹948.30 |
| SHRIRAMFINShriram Finance Limited | 2,20,000 cron 1 Oct | 17consolidated | 3.4 | ₹945.00 |
| TATACAPTata Capital Limited | 1,40,000 cron 1 Oct | — | 2.9 | ₹319.30 |
| CHOLAFINCholamandalam Investment and Finance Company Limited | 1,30,000 cron 1 Oct | 23consolidated | 4.4 | ₹1,580.00 |
| MUTHOOTFINMuthoot Finance Limited | 1,10,000 cron 1 Oct | 9.5consolidated | 2.7 | ₹2,697.10 |
| LTFL&T Finance Limited | 66,000 cron 1 Oct | 21consolidated | 2.4 | ₹264.35 |
| SBICARDSBI Cards and Payment Services Limited | 54,000 cron 1 Oct | 24standalone | 3.4 | ₹563.20 |
| HDBFSHDB Financial Services Limited | 51,000 cron 1 Oct | — | 2.5 | ₹618.20 |
| SUNDARMFINSundaram Finance Limited | 49,000 cron 1 Oct | — | 3.3 | ₹4,395.90 |
| PIRAMALFINPiramal Finance Limited | 48,000 cron 1 Oct | — | 1.7 | ₹2,023.30 |
| AIILAuthum Investment & Infrastructure Limited | 46,000 cron 1 Oct | — | 3.1 | ₹539.30 |
| M&MFINMahindra & Mahindra Financial Services Limited | 44,000 cron 1 Oct | — | 1.7 | ₹319.75 |
| POONAWALLAPoonawalla Fincorp Limited | 38,000 cron 1 Oct | — | 3.7 | ₹433.40 |
| MANAPPURAMManappuram Finance Limited | 29,000 cron 1 Oct | 15consolidated | 1.8 | ₹308.90 |
| IIFLIIFL Finance Limited | 25,000 cron 1 Oct | — | 1.6 | ₹583.80 |
| CGCLCapri Global Capital Limited | 24,000 cron 1 Oct | — | 3.3 | ₹249.25 |
| FIVESTARFive-Star Business Finance Limited | 15,000 cron 1 Oct | — | 2.0 | ₹506.25 |
| SBFCSBFC Finance Limited | 9,300 cron 1 Oct | — | 2.5 | ₹84.20 |
| PAISALOPaisalo Digital Limited | 7,300 cron 1 Oct | — | 4.1 | ₹79.90 |
| BENGALASMBengal & Assam Company Limited | 6,900 cron 1 Oct | — | — | ₹6,088.00 |
| FEDFINAFedbank Financial Services Limited | 5,600 cron 1 Oct | — | 1.9 | ₹149.75 |
| MASFINMAS Financial Services Limited | 5,000 cron 1 Oct | — | 1.6 | ₹272.85 |
| NORTHARCNorthern Arc Capital Limited | 4,700 cron 1 Oct | — | 1.2 | ₹288.70 |
| SGFINSG Finserve Limited | 4,200 cron 1 Oct | — | 2.9 | ₹631.85 |
| AYEAye Finance Limited | 4,000 cron 1 Oct | — | 1.6 | ₹163.30 |
| INDOSTARIndoStar Capital Finance Limited | 3,300 cron 1 Oct | — | 0.88 | ₹206.35 |
| MUFINMufin Green Finance Limited | 2,600 cron 1 Oct | — | 4.5 | ₹130.60 |
| ARMANFINArman Financial Services Limited | 1,900 cron 1 Oct | — | 2.0 | ₹1,764.40 |
| PFSPTC India Financial Services Limited | 1,900 cron 1 Oct | — | 0.60 | ₹28.80 |
| GRANDOAKGrand Oak Canyons Distillery Limited | 1,800 cron 1 Oct | — | — | ₹34.80 |
| FEDDERSHOLFedders Holding Limited | 1,300 cron 1 Oct | — | — | ₹63.65 |
| UGROCAPUgro Capital Limited | 1,300 cron 1 Oct | — | 0.44 | ₹82.35 |
| AKCAPITAK Capital Services Limited | 1,100 cron 1 Oct | — | — | ₹1,714.10 |
| ZSARACOMSaraswati Commercial India Limited | 1,100 cron 1 Oct | — | — | ₹10,017.00 |
| CRESTCrest Ventures Limited | 1,000 cron 1 Oct | — | 0.77 | ₹362.35 |
| FINKURVEFinkurve Financial Services Limited | 990 cron 1 Oct | — | 2.9 | ₹70.55 |
| CIFLCapital India Finance Limited | 810 cron 1 Oct | — | 1.2 | ₹20.75 |
| ARYAMANAryaman Financial Services Limited | 760 cron 1 Oct | — | — | ₹624.00 |
| MANBAManba Finance Limited | 700 cron 1 Oct | — | 1.7 | ₹139.00 |
| LAXMIINDIALaxmi India Finance Limited | 620 cron 1 Oct | — | 1.3 | ₹119.00 |
| DHUNINVDhunseri Investments Limited | 590 cron 1 Oct | — | 0.17 | ₹967.30 |
| KIRANVYPARKiran Vyapar Limited | 490 cron 1 Oct | — | — | ₹179.20 |
| CSLFINANCECSL Finance Limited | 470 cron 1 Oct | — | 0.76 | ₹208.35 |
| MANCREDITMangal Credit and Fincorp Limited | 460 cron 1 Oct | — | 2.7 | ₹218.95 |
| MONEYBOXXMoneyboxx Finance Limited | 360 cron 30 Sept | — | 1.2 | ₹52.30 |
| AVONMOREAvonmore Capital & Management Services Limited | 360 cron 1 Oct | — | 0.71 | ₹12.80 |
| MUTHOOTCAPMuthoot Capital Services Limited | 360 cron 1 Oct | — | 0.54 | ₹218.10 |
| AFILAkme Fintrade (India) Limited | 350 cron 1 Oct | — | 0.82 | ₹7.85 |
| STARTECKStarteck Finance Limited | 290 cron 1 Oct | — | 1.1 | ₹290.95 |
| CPCAPCP Capital Limited | 260 cron 1 Oct | — | 0.45 | ₹140.85 |
| SAHLIBHFIShalibhadra Finance Limited | 240 cron 1 Oct | — | 1.4 | ₹78.75 |
| ALFREDHEAlfred Herbert India Limited | 220 cron 1 Oct | — | — | ₹2,823.00 |
| TEAMGTYTeam India Guaranty Limited | 210 cron 1 Oct | — | 4.4 | ₹235.10 |
| BAIDFINBaid Finserv Limited | 160 cron 1 Oct | — | 0.69 | ₹10.30 |
| SONALSonal Mercantile Limited | 130 cron 1 Oct | — | — | ₹87.55 |
| ASSAMENTAssam Entrade Limited | 120 cron 1 Oct | — | — | ₹799.00 |
| VGCLVibrant Global Capital Limited | 110 cron 1 Oct | — | — | ₹47.90 |
| OPTIFINOptimus Finance Limited | 110 cron 1 Oct | — | — | ₹14.45 |
| MUKESHBMukesh Babu Financial Services Limited | 90 cron 1 Oct | — | — | ₹128.80 |
| TFLTranswarranty Finance Limited | 65 cron 1 Oct | — | 2.3 | ₹11.80 |
| LADDERUPLadderup Finance Limited | 65 cron 16 Sept | — | — | ₹60.95 |
| ODYCORPOdyssey Corporation Limited | 62 cron 1 Oct | — | — | ₹6.90 |
| ADVIKCAAdvik Capital Limited | 61 cron 1 Oct | — | — | ₹1.00 |
| TRUTruCap Finance Limited | 50 cron 1 Oct | — | 0.98 | ₹4.20 |
| HBSLHB Stockholdings Limited | 41 cron 1 Oct | — | 0.52 | ₹57.05 |
| KJMCFINKJMC Financial Services Limited | 28 cron 1 Oct | — | — | ₹58.40 |
| TCIFINANCETCI Finance Limited | 19 cron 1 Oct | — | — | ₹14.70 |
| ASHIKAGAshika Global Securities Limited | — | — | — | — |
| CAPTRUSTCapital Trust Limited | — | — | — | — |
| RSDFINRSD Finance Limited | — | — | — | — |
| UYFINCORPU. Y. Fincorp Limited | — | — | — | — |
| VIJIFINViji Finance Limited | — | — | — | — |
Promoters hold 20.3%, foreign portfolio investors 34.7%, mutual funds 13.8% and insurance companies 3.2%, as filed for the quarter to 30 Jun.
| Category | 30 Jun | 8 Apr | 31 Mar | 31 Dec | 30 Sept |
|---|---|---|---|---|---|
| Promoters | 20.300.00 pp | 20.30▼ −5.08 pp | 25.380.00 pp | 25.38▼ −0.01 pp | 25.39 |
| Foreign portfolio investors | 34.72▼ −1.38 pp | 36.10▼ −9.03 pp | 45.13▼ −2.06 pp | 47.19▼ −2.39 pp | 49.58 |
| Mutual funds | 13.81▲ +0.74 pp | 13.07▼ −3.27 pp | 16.34▲ +1.95 pp | 14.39▲ +2.45 pp | 11.94 |
| Insurance companies | 3.20▲ +0.19 pp | 3.01▼ −0.76 pp | 3.77▼ −0.18 pp | 3.95▼ −0.12 pp | 4.07 |
| Banks and financial institutions | 2.89▲ +0.35 pp | 2.54▼ −0.64 pp | 3.18▲ +0.23 pp | 2.95▲ +0.31 pp | 2.64 |
| Individual investors | 4.23▲ +0.10 pp | 4.13▼ −1.03 pp | 5.16▲ +0.13 pp | 5.03▼ −0.29 pp | 5.32 |
| Bodies corporate | 0.33▼ −0.01 pp | 0.34▼ −0.08 pp | 0.42▼ −0.06 pp | 0.48▲ +0.04 pp | 0.44 |
| Other foreign holders | 20.03▼ −0.01 pp | 20.04▲ +20.02 pp | 0.020.00 pp | 0.02▼ −0.01 pp | 0.03 |
| Others | 0.49▲ +0.02 pp | 0.47▼ −0.13 pp | 0.60▼ −0.01 pp | 0.61▲ +0.02 pp | 0.59 |
Nothing upcoming on record; the last was a dividend of ₹6.00 a share, ex-date 3 Jul 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 3 Jul 2026 | dividend | ₹6.00 | 3 Jul 2026 | BSE |
| 7 Nov 2025 | dividend | ₹4.80 | 7 Nov 2025 | BSE |
| 11 Jul 2025 | dividend | ₹3.00 | 11 Jul 2025 | BSE |
| 31 Jan 2025 | dividend | ₹2.50 | 31 Jan 2025 | BSE |
| 10 Jan 2025 | split | 10→2 | 10 Jan 2025 | BSE |
| 7 Nov 2024 | dividend | ₹22.00 | 7 Nov 2024 | BSE |
| 23 Jul 2024 | dividend | ₹15.00 | — | BSE |
| 6 Feb 2024 | dividend | ₹10.00 | 6 Feb 2024 | BSE |
SHRIRAMFIN is −9.7% over 20 sessions against Nifty's −6.2%, 18% below its 52-week high, realised volatility 26% annualised.
| Window | From ₹ | SHRIRAMFIN % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹606.04 | ▲ +56% | ▼ −9.1% | +65 |
| 120 sessionssince 9 Apr | ₹996.31 | ▼ −5.1% | ▼ −5.7% | +0.54 |
| 60 sessionssince 8 Jul | ₹1,014.38 | ▼ −6.8% | ▼ −6.1% | −0.73 |
| 20 sessionssince 2 Sept | ₹1,046.98 | ▼ −9.7% | ▼ −6.2% | −3.5 |
| 5 sessionssince 24 Sept | ₹990.05 | ▼ −4.5% | ▼ −2.8% | −1.8 |
| 1 sessionsince 30 Sept | ₹982.74 | ▼ −3.8% | ▼ −0.88% | −3.0 |
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