Shriram Finance: Q1 profit up 60%; MUFG stake unconfirmed

Shriram Finance reported Q1 FY27 consolidated net profit of Rs 3,453 crore, up 59.8 percent, with assets under management up 15.3 percent to Rs 31.38 lakh crore. Q2 FY27 results are not in any source I checked. A possible acquisition stake from MUFG has been in the news, but the only report I could source is from 15 December 2025, and the company has not confirmed it. Q1 FY27 (consolidated, quarter to 30 June 2026): Net profit: Rs 3,453 crore, up 59.8 percent from Rs 2,159 crore Assets under management: Rs 31.38 lakh crore, up 15.3 percent YoY Shriram Finance [][***** trades at Rs 913.73 at 9:30 AM IST today on StockGro, up 0.5 percent from Rs 909.10. The stock is about 20 percent below its Rs 1,137.60 high. At 16.2 times trailing earnings, against a sector P/E of 18.5, the valuation sits below its sector. My view: hold, not a fresh entry. Profit and asset growth are strong, and the valuation is below its sector. But the MUFG stake is unconfirmed, and the Q2 result is not out. Fresh money waits for the Q2 FY27 profit to grow near Q1’s pace and for a company filing that confirms the MUFG stake. Without both, no fresh money. My exit is a close below Rs 684.67, the 52-week low on StockGro’s overview. That is a long-term test, not a near-term one. Disclosure: Vijay Kumar Gupta, SEBI Registered Research Analyst, INH000020226, Vijay Gupta Advisory. SEBI registration and NISM certification do not guarantee performance or assure returns. Securities markets are subject to market risks. No holdings in the subject company.