Shriram Finance stock, financial services

Motilal Oswal sets INR 1,220 target for Shriram Finance stock

Published on 10/09/2026 at 12:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 FY27 revenue hit INR 13,400 crore and net profit INR 3,447 crore. Shriram Finance stock retired USD 459.98 million of notes on September 30, 2026.

Key points in brief

Motilal Oswal set an INR 1,220 target for Shriram Finance on September 29, 2026.
The company completed a USD 459.98 million tender offer for notes on September 30, 2026.
Q1 FY27 revenue reached INR 13,400 crore and net profit reached INR 3,447 crore.
The NSE quote was INR 948.00 on October 7, 2026, within a 52-week range of INR 709.65 to INR 1,141.00.

Shriram Finance stock, financial services, NBFC, debt buyback, analyst target, NSE, NIFTY 50, Illustration mit AI erstellt.

Motilal Oswal Financial Services set an INR 1,220 target for Shriram Finance in a research report dated September 29, 2026, according to Moneycontrol. The company completed a USD 459.98 million tender offer for senior secured notes on September 30, 2026, according to StockFin.

Three debt milestones carry figures

On September 21, 2026, Shriram Finance announced tender offers for up to USD 300.00 million of 2027 notes and USD 160.00 million of 2028 notes, StockFin reported. On September 29, 2026, the company accepted USD 299.98 million and USD 160.00 million under the two offers, the same filing review showed. On September 30, 2026, the completed purchases totaled USD 459.98 million, giving the debt action a clear endpoint.

The sequence matters because the company reduced portions of its foreign debt while maintaining its lending platform. The reported amounts also distinguish the announced maximum from the final accepted value, an important detail for assessing the capital-structure effect.

What does the operating data show?

In Q1 FY27, revenue reached INR 13,400 crore and net profit reached INR 3,447 crore, while operating profit was INR 4,607 crore, according to StockFin. Revenue increased from INR 11,536 crore in June 2025 to INR 13,400 crore in June 2026, and net profit rose from INR 2,155 crore to INR 3,447 crore over the same reported comparison.

The operating profit margin also moved from 25.10 percent in June 2025 to 34.40 percent in June 2026. That combination of higher revenue, profit and margin gives the debt reduction a more useful context than the tender size alone.

Recent filings set the timeline

The latest dated disclosures listed by StockFin include October 5, 2026, for a tender-offer update and an income-tax penalty order, followed by October 7, 2026, for a share-dematerialization update. The tax order involved INR 67.90 crore for fiscal year 2009-10, a historical matter that adds a risk factor beside the current debt action.

The stock remains below its yearly high

The NSE quote was INR 948.00 on October 7, 2026, down 1.77 percent from the previous close, with a 52-week range of INR 709.65 to INR 1,141.00. Market capitalization stood at INR 2.2 trillion on October 8, 2026, according to TickJournal. The combination of an INR 1,220 analyst target, improving Q1 FY27 profitability and a completed USD 459.98 million debt purchase leaves funding costs and asset quality as the next measurable questions for the lender.