Tax Ka Latest Order
Bhaiya, Shriram Finance ke shares aaj market mein 5.3% neeche gire, intraday mein ₹943.95 tak pahunch gaye. Iska seedha reason hai ki company ko ₹46,91,115 ki tax penalty ka order mila hai FY 2022-23 ke liye. Yeh penalty pehle ki Shriram City Union Finance Ltd. se related hai, jo ab Shriram Finance mein merge ho gayi hai. Penalty ka reason input tax credit (ITC) mein kuch issues bataya ja raha hai. Company ka kehna hai ki iska financial impact zyada nahi hoga, par woh tax consultants se advice le rahe hain. Waise, UP tax department se bhi December 2025 mein aise hi ek GST violation penalty lag chuki thi.
Q3 Results Mein Kya Hai?
Tax order ke saath saath, company ne apna Q3 FY26 ka result bhi reveal kiya. Yahan par net profit mein saal-dar-saal 22% ki kami aayi, jo ₹3,248.64 crore se gir kar ₹2,529.65 crore ho gaya. Lekin, company ki total income 14% badh kar ₹12,196.53 crore ho gayi. Assets Under Management (AUM) bhi 14.63% badh kar December 2025 tak ₹2.91 trillion ho gaya, jo pehle ₹2.54 trillion tha. Net interest income bhi 16.17% badha, aur Net Interest Margin (NIM) 8.58% raha.
Market Mein Position
Shriram Finance abhi bhi India ke NBFC sector mein ek major player hai, jiska market cap lagbhag ₹1.87 se ₹1.91 lakh crore ke aas paas hai (January 2026 tak). Iska P/E ratio 20.55x se 20.96x TTM basis par hai, jo competitors jaise Bajaj Finance (31.72x) ya Muthoot Finance (19.77x) ke mukable mein hai. Company ka Return on Equity (ROE) 14.45% hai aur debt-to-equity ratio 3.87 hai. Hal hi mein, company ne Japan ki MUFG Bank se capital infusion ki approval bhi li hai.
Analysts Kya Bol Rahe Hain?
Analysts abhi is stock par thoda cautiously optimistic hain. Kuch experts price target ₹1,125 ke aas paas dekh rahe hain, jabki doosron ne mixed ratings di hain, jinmein price targets ₹950 se ₹1,040 tak ja rahe hain. Company ka future mein NIM 8.5% se 9% ke beech maintain karne ka plan hai. Toh, yeh regulatory issues kabhi kabhi achhe operational growth ko bhi overshadow kar dete hain, market mein hamesha yahi hota hai.