Shriram Finance Limited — Credit Ratings, 16-07-2025: Credit Rating

India Ratings has affirmed Shriram Finance Limited's (SFL) Long-Term Issuer Rating at 'IND AA+/Stable', also assigning this rating to its new Non-Convertible Debentures worth ₹3,000 Cr, and reaffirming ratings for other existing debt instruments. This action reflects SFL's strong market position as a leading NBFC with a significant presence in vehicle finance and a diversified portfolio, including ₹260,000 Cr in AUM as of FYE25. The rating is underpinned by its consistent profitability, strong capital buffers (equity at ₹56,280 Cr), bolstered by a ₹4,600 Cr stake sale in its housing subsidiary, and a well-diversified funding mix. This stable rating enhances SFL's financial flexibility, potentially reducing borrowing costs and boosting investor confidence for future growth.