According to reports from Business Standard, Shriram Finance is targeting a gold loan portfolio of over ₹20,000 crore over the next two years as part of its strategic expansion. The company's current gold loan book accounts for around 2.5 per cent of its overall loan book, and the company aims to increase this share to 5 per cent of its assets under management (AUM) within the next two years. Umesh Revankar, executive vice-chairman of Shriram Finance, stated that the company is growing the gold loan book at around 30 per cent year-on-year, with the target being to reach a significant portfolio size of around ₹20,000 crore.
As reported by Business Standard, Shriram Finance is experiencing significant growth in its electric vehicle financing business, with monthly disbursements increasing to around ₹350 crore from ₹30-40 crore when the company started lending to the segment. Revankar expects the EV financing portfolio to reach ₹5,000 crore soon, representing substantial growth from current levels. Automobile-related financing currently accounts for about 75 per cent of the company's total AUM. The company is actively seeking partnerships with e-commerce companies and other bulk buyers of electric vehicles to further expand this segment.
According to Business Standard, last year, Japan's MUFG Bank acquired a 20 per cent equity stake in Shriram Finance for $4.4 billion. Revankar confirmed there are no talks on increasing MUFG's stake in the company, but expects the tie-up to help connect with Japanese companies including Suzuki, Toyota, Honda and Yamaha, with which MUFG already has relationships. The company posted strong financial performance with a 59 per cent rise in consolidated net profit during the second quarter to ₹3,684 crore, compared to ₹2,314 crore in the same period of FY26. Total AUM increased by 17 per cent to ₹3.29 trillion as of September 30, compared to ₹2.81 trillion in September 2025.
