Shriram Finance Targets 18% Asset Growth, Focuses on New Vehicle Loans

• Shriram Finance aims to increase new vehicle loans from 10% to 15% of its portfolio to retain customers and boost asset growth.
• Executive Vice Chairman Umesh Revankar stated the company targets an 18% AUM growth rate in the coming financial years, up from 15%.
• The company reported a 29.4% YoY decline in net profit to ₹2,521 crore for Oct-Dec 2025, exceeding poll estimates.
• Shriram Finance plans to expand its gold financing portfolio by adding more branches and leveraging its existing customer base.
• The MUFG deal closure is expected by financial year-end, and rating upgrades are anticipated to improve borrowing costs and NIMs.

Why It Matters: Shriram Finance is strategically expanding new vehicle and gold loan segments to drive 18% asset growth.