Shriram Finance Limited has informed the Exchange about Credit Rating- Revision
SHRIRAMFIN · price
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Awaiting price reaction for this filing.
CRISIL has placed Shriram Finance's long-term rating of 'Crisil AA+' on 'Rating Watch with Positive Implications' and reaffirmed its short-term rating at 'Crisil A1+'. The positive watch follows the company's December 2025 announcement of a proposed Rs 39,618 crore ($4.4 billion) investment by Japan's MUFG Bank for a 20% stake, which is expected to push networth above Rs 1 lakh crore. The company also redeemed Non-Convertible Debentures worth Rs 2,769.5 crore and Long-Term Principal Protected Market Linked Debentures of Rs 30 crore, on which CRISIL withdrew ratings. Total bank loan facilities under rating stand at Rs 75,743 crore. As of September 30, 2025, AUM was Rs 2,81,309 crore with H1 FY26 net profit of Rs 4,474 crore and Gross NPA of 4.6%.
The 'Watch with Positive Implications' signals a likely rating upgrade once the MUFG deal closes, which would lower Shriram Finance's borrowing costs and strengthen its growth capacity. Shareholders view this as a positive development, with the large MUFG investment significantly boosting capital and reducing equity dilution risk in the long term.