{"id":301642,"date":"2026-10-12T11:53:26","date_gmt":"2026-10-12T06:23:26","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=301642"},"modified":"2026-10-12T11:53:26","modified_gmt":"2026-10-12T06:23:26","slug":"high-growth-loan-book-stocks-long-term-growth-picks","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/","title":{"rendered":"3 High-Growth Loan Book Stocks With a Strong Future Roadmap: Shriram Finance, MAS Financial Services and Bajaj Finance"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Shriram Finance Rs 940.45, P\/E 19.13. MAS Financial Rs 266.70, P\/E 11.93. Bajaj Finance Rs 960.00, P\/E 28.77. Closing prices of 9 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">High-growth loan book stocks with the clearest long-term roadmaps today include Shriram Finance in used truck and vehicle loan franchise, MAS Financial in small-ticket loan franchise and Bajaj Finance in consumer and business loan network. FY26 revenue growth was 15.1% at Shriram Finance, 25.1% at MAS Financial and 19.1% at Bajaj Finance. P\/E stands at 19.13 for Shriram Finance (industry 17.72), 11.93 for MAS Financial (industry 17.72) and 28.77 for Bajaj Finance (industry 17.72). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>High-growth loan book stocks give investors exposure to large and fast-growing loan books across trucks, consumers and small businesses. Loan growth, funding costs and asset quality decide how much of that growth turns into profit.<\/p>\n<p>This list covers three high-growth loan book stocks: Shriram Finance for used truck and vehicle loan franchise, MAS Financial Services for small-ticket loan franchise and Bajaj Finance for consumer and business loan network. Every figure comes from the latest reported financials and the 9 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=high-growth-loan-book-stocks-long-term-growth-picks\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#What_Are_High-Growth_Loan_Book_Stocks\" title=\"What Are High-Growth Loan Book Stocks?\">What Are High-Growth Loan Book Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#High-Growth_Loan_Book_Stocks_at_a_Glance\" title=\"High-Growth Loan Book Stocks at a Glance\">High-Growth Loan Book Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#Why_Do_High-Growth_Loan_Book_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do High-Growth Loan Book Stocks Have a Strong Roadmap in India?\">Why Do High-Growth Loan Book Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#Shriram_Finance_Commercial_Vehicle_Finance_Anchors_the_Roadmap\" title=\"Shriram Finance: Commercial Vehicle Finance Anchors the Roadmap\">Shriram Finance: Commercial Vehicle Finance Anchors the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#MAS_Financial_Services_Small-Ticket_Loans_Drive_the_Pipeline\" title=\"MAS Financial Services: Small-Ticket Loans Drive the Pipeline\">MAS Financial Services: Small-Ticket Loans Drive the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#Bajaj_Finance_Consumer_and_Business_Lending_Build_the_Next_Leg\" title=\"Bajaj Finance: Consumer and Business Lending Build the Next Leg\">Bajaj Finance: Consumer and Business Lending Build the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#Best_High-Growth_Loan_Book_Stocks_in_India_Shriram_Finance_vs_MAS_Financial_vs_Bajaj_Finance_on_Key_Financials\" title=\"Best High-Growth Loan Book Stocks in India: Shriram Finance vs MAS Financial vs Bajaj Finance on Key Financials\">Best High-Growth Loan Book Stocks in India: Shriram Finance vs MAS Financial vs Bajaj Finance on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#How_to_Evaluate_High-Growth_Loan_Book_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate High-Growth Loan Book Stocks to Buy Before You Invest\">How to Evaluate High-Growth Loan Book Stocks to Buy Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#Risks_to_Consider_Before_Investing_in_High-Growth_Loan_Book_Stocks\" title=\"Risks to Consider Before Investing in High-Growth Loan Book Stocks\">Risks to Consider Before Investing in High-Growth Loan Book Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#FAQs_on_High-Growth_Loan_Book_Stocks\" title=\"FAQs on High-Growth Loan Book Stocks\">FAQs on High-Growth Loan Book Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#Which_are_the_best_high-growth_loan_book_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best high-growth loan book stocks in India with a strong roadmap?\">Which are the best high-growth loan book stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#Is_Shriram_Finance_a_good_stock_to_buy_now\" title=\"Is Shriram Finance a good stock to buy now?\">Is Shriram Finance a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#What_is_the_PE_ratio_of_Shriram_Finance_MAS_Financial_and_Bajaj_Finance\" title=\"What is the P\/E ratio of Shriram Finance, MAS Financial and Bajaj Finance?\">What is the P\/E ratio of Shriram Finance, MAS Financial and Bajaj Finance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#Which_of_these_high-growth_loan_book_stocks_has_the_highest_return_on_equity\" title=\"Which of these high-growth loan book stocks has the highest return on equity?\">Which of these high-growth loan book stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#What_are_the_risks_of_investing_in_high-growth_loan_book_stocks\" title=\"What are the risks of investing in high-growth loan book stocks?\">What are the risks of investing in high-growth loan book stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#How_did_Shriram_Finance_MAS_Financial_and_Bajaj_Finance_perform_in_Q1_FY27\" title=\"How did Shriram Finance, MAS Financial and Bajaj Finance perform in Q1 FY27?\">How did Shriram Finance, MAS Financial and Bajaj Finance perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#Do_high-growth_loan_book_stocks_pay_dividends\" title=\"Do high-growth loan book stocks pay dividends?\">Do high-growth loan book stocks pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/high-growth-loan-book-stocks-long-term-growth-picks\/#How_can_I_invest_in_high-growth_loan_book_stocks_in_India\" title=\"How can I invest in high-growth loan book stocks in India?\">How can I invest in high-growth loan book stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_High-Growth_Loan_Book_Stocks\"><\/span><strong>What Are High-Growth Loan Book Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>High-growth loan book stocks are shares of companies that grow large loan books across vehicles, consumer purchases and small businesses. Results depend on loan growth, funding costs and asset quality, so funding costs and asset quality separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"High-Growth_Loan_Book_Stocks_at_a_Glance\"><\/span><strong>High-Growth Loan Book Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares size, valuation, return on equity and debt for the three high-growth loan book stocks as of the 9 Oct 2026 close.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/shriramfin\/shriram-transport-finance-company-ltd-share-price-today\">Shriram Finance<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">940.45<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">216,480<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.13<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.21%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.80<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/masfin\/mas-financial-services-ltd-share-price-today\">MAS Financial Services<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">266.70<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,765<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.93<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.48%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.47<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/bajfinance\/bajaj-finance-ltd-share-price-today\">Bajaj Finance<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">960.00<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">593,956<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">28.77<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.68%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.82<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among scaled lending stocks, Shriram Finance and Bajaj Finance trade at a premium to the industry P\/E, while MAS Financial trades at a discount.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_High-Growth_Loan_Book_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do High-Growth Loan Book Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>High-growth loan book stocks have a strong roadmap in India because credit penetration in India is still low and lenders with wide distribution can keep adding borrowers. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Low credit penetration:<\/strong> Many households and small firms still have limited access to formal loans.<\/li>\n<li><strong>Distribution strength:<\/strong> Large branch and partner networks lower the cost of finding borrowers.<\/li>\n<li><strong>Data-led underwriting:<\/strong> Past repayment data helps lenders price risk more accurately.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Shriram_Finance_Commercial_Vehicle_Finance_Anchors_the_Roadmap\"><\/span><strong>Shriram Finance: Commercial Vehicle Finance Anchors the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shriram Finance&#8217;s roadmap rests on commercial vehicle, used vehicle, small business and gold loans for customers that banks often serve less, with demand for transport and small business credit supporting loan growth.<\/p>\n<p>Revenue grew from Rs 19,274.23 crore in FY22 to Rs 48,192.65 crore in FY26, a 150.0% rise, and FY26 revenue was 15.1% higher than FY25. FY26 net profit rose 6.2% to Rs 10,004.20 crore. Over four years, net profit rose from Rs 2,707.93 crore in FY22 to Rs 10,004.20 crore. In Q1 FY27, revenue grew 16.3% to Rs 13,418.74 crore.<\/p>\n<p>Debt to equity is 3.80 and return on equity is 15.21%. Shriram Finance paid a dividend of Rs 10.8 per share for FY26, a yield of 0.94%. At a P\/E of 19.13 against an industry P\/E of 17.72, the stock trades above its industry multiple.<\/p>\n<p>What to watch: The P\/E of 19.13 is a modest premium to the industry P\/E of 17.72, so the next quarters&#8217; growth is the figure to follow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MAS_Financial_Services_Small-Ticket_Loans_Drive_the_Pipeline\"><\/span><strong>MAS Financial Services: Small-Ticket Loans Drive the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>MAS Financial&#8217;s roadmap rests on small-ticket loans to small businesses, two-wheeler buyers, commercial vehicle owners and home buyers, with a granular loan book supporting growth.<\/p>\n<p>Revenue grew from Rs 691.17 crore in FY22 to Rs 2,002.27 crore in FY26, a 189.7% rise, and FY26 revenue was 25.1% higher than FY25. FY26 net profit rose 19.7% to Rs 375.82 crore. Over four years, net profit rose from Rs 161.20 crore in FY22 to Rs 375.82 crore. In Q1 FY27, revenue grew 20.4% to Rs 561.92 crore, and net profit rose 27.2% to Rs 110.15 crore.<\/p>\n<p>Debt to equity is 3.47 and return on equity is 12.48%. MAS Financial paid a dividend of Rs 2 per share for FY26, a yield of 0.76%. At a P\/E of 11.93 against an industry P\/E of 17.72, the stock trades below its industry multiple.<\/p>\n<p>What to watch: The P\/E of 11.93 against an industry P\/E of 17.72 leaves valuation less stretched, so the next quarters&#8217; growth is the figure to follow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bajaj_Finance_Consumer_and_Business_Lending_Build_the_Next_Leg\"><\/span><strong>Bajaj Finance: Consumer and Business Lending Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bajaj Finance&#8217;s roadmap rests on consumer, small business and mortgage lending, along with a large customer base and a fast-growing digital platform, with cross-selling to existing customers supporting loan growth.<\/p>\n<p>Revenue grew from Rs 31,640.41 crore in FY22 to Rs 81,989.50 crore in FY26, a 159.1% rise, and FY26 revenue was 19.1% higher than FY25. FY26 net profit rose 15.2% to Rs 19,332.36 crore. Over four years, net profit rose from Rs 7,028.23 crore in FY22 to Rs 19,332.36 crore. In Q1 FY27, revenue grew 18.6% to Rs 23,166.42 crore, and net profit rose 27.6% to Rs 6,080.60 crore.<\/p>\n<p>Debt to equity is 3.82 and return on equity is 16.68%. Bajaj Finance paid a dividend of Rs 6 per share for FY26, a yield of 0.63%. At a P\/E of 28.77 against an industry P\/E of 17.72, the stock trades above its industry multiple.<\/p>\n<p>What to watch: The P\/E of 28.77 sits above the industry P\/E of 17.72, so earnings delivery matters for the valuation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_High-Growth_Loan_Book_Stocks_in_India_Shriram_Finance_vs_MAS_Financial_vs_Bajaj_Finance_on_Key_Financials\"><\/span><strong>Best High-Growth Loan Book Stocks in India: Shriram Finance vs MAS Financial vs Bajaj Finance on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best high-growth loan book stocks in India, Shriram Finance leads on dividend yield; MAS Financial leads on FY26 revenue growth and Q1 FY27 revenue growth; Bajaj Finance leads on return on equity. The table puts the numbers side by side.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Shriram Finance<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">MAS Financial<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Bajaj Finance<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">48,192.65<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,002.27<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">81,989.50<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10,004.20<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">375.82<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19,332.36<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 revenue growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.21%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.48%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.68%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">P\/E ratio<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.13<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.93<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">28.77<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.80<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.47<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.82<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dividend yield<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.94%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.76%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.63%<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Lender earnings follow loan growth, funding costs and asset quality, so full-year numbers and quarterly trends together give a better view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_High-Growth_Loan_Book_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate High-Growth Loan Book Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen high-growth loan book stocks and shortlist high-growth loan book stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which is 17.72 for all three here.<\/li>\n<li>Check that loan growth is matched by stable asset quality and a steady net interest margin.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read loan growth against funding costs to see how growth is financed.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these high-growth loan book stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_High-Growth_Loan_Book_Stocks\"><\/span><strong>Risks to Consider Before Investing in High-Growth Loan Book Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Valuation:<\/strong> Bajaj Finance trades at 28.77 times earnings against an industry multiple of 17.72.<\/li>\n<li><strong>Credit cycles:<\/strong> Higher defaults in a slowdown can reduce profit.<\/li>\n<li><strong>Funding costs:<\/strong> Rising borrowing costs can narrow spreads.<\/li>\n<li><strong>Quarterly trends:<\/strong> A single weak quarter can change near-term earnings, so track results every quarter.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Shriram Finance, MAS Financial and Bajaj Finance live.<\/em><\/p>\n<p>Annual reports and quarterly result presentations are the most reliable places to verify the numbers quoted here, because they show segment details, management commentary and the notes behind each figure.<\/p>\n<p>Comparing a quarter with the same quarter of the previous year gives a cleaner reading than comparing it with the preceding quarter, since seasonal patterns affect many businesses in India.<\/p>\n<p>The shareholding pattern published every quarter shows whether promoters, mutual funds and foreign investors are raising or trimming their holdings, which adds useful context to the financial numbers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These three scaled lending stocks cover truck finance, small-ticket loans and consumer lending at scale. Shriram Finance leads on dividend yield; MAS Financial leads on FY26 revenue growth and Q1 FY27 revenue growth; Bajaj Finance leads on return on equity.<\/p>\n<p>Across high-growth loan book stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the high-growth loan book stocks to buy discussed here.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_High-Growth_Loan_Book_Stocks\"><\/span><strong>FAQs on High-Growth Loan Book Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_high-growth_loan_book_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best high-growth loan book stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shriram Finance, MAS Financial Services and Bajaj Finance stand out for their roadmaps in truck finance, small-ticket loans and consumer lending at scale. FY26 revenue growth was 15.1% at Shriram Finance, 25.1% at MAS Financial and 19.1% at Bajaj Finance, and return on equity ranges from 12.48% to 16.68%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Shriram_Finance_a_good_stock_to_buy_now\"><\/span><strong>Is Shriram Finance a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shriram Finance has a debt to equity ratio of 3.80, a return on equity of 15.21% and a P\/E of 19.13 against an industry P\/E of 17.72. Valuation, funding costs and credit cycles move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Shriram_Finance_MAS_Financial_and_Bajaj_Finance\"><\/span><strong>What is the P\/E ratio of Shriram Finance, MAS Financial and Bajaj Finance?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 19.13 for Shriram Finance (industry 17.72), 11.93 for MAS Financial (industry 17.72) and 28.77 for Bajaj Finance (industry 17.72). Only Shriram Finance and Bajaj Finance trade at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_high-growth_loan_book_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these high-growth loan book stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bajaj Finance has the highest return on equity at 16.68%, followed by Shriram Finance at 15.21% and MAS Financial Services at 12.48%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_high-growth_loan_book_stocks\"><\/span><strong>What are the risks of investing in high-growth loan book stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are valuation, credit cycles, funding costs and quarterly trends. Bajaj Finance trades at 28.77 times earnings against an industry multiple of 17.72.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Shriram_Finance_MAS_Financial_and_Bajaj_Finance_perform_in_Q1_FY27\"><\/span><strong>How did Shriram Finance, MAS Financial and Bajaj Finance perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shriram Finance reported revenue of Rs 13,418.74 crore, up 16.3% year on year. MAS Financial Services reported revenue of Rs 561.92 crore, up 20.4% year on year, and net profit rose 27.2% to Rs 110.15 crore. Bajaj Finance reported revenue of Rs 23,166.42 crore, up 18.6% year on year, and net profit rose 27.6% to Rs 6,080.60 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_high-growth_loan_book_stocks_pay_dividends\"><\/span><strong>Do high-growth loan book stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, all three companies pay dividends. The dividend yield is 0.94% for Shriram Finance, 0.76% for MAS Financial and 0.63% for Bajaj Finance, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_high-growth_loan_book_stocks_in_India\"><\/span><strong>How can I invest in high-growth loan book stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy high-growth loan book stocks through a demat and trading account on NSE or BSE after checking each company&#8217;s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best high-growth loan book stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Shriram Finance, MAS Financial Services and Bajaj Finance stand out for their roadmaps in truck finance, small-ticket loans and consumer lending at scale. 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Only Shriram Finance and Bajaj Finance trade at or above the industry multiple.\"}},{\"@type\":\"Question\",\"name\":\"Which of these high-growth loan book stocks has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bajaj Finance has the highest return on equity at 16.68%, followed by Shriram Finance at 15.21% and MAS Financial Services at 12.48%.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in high-growth loan book stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are valuation, credit cycles, funding costs and quarterly trends. Bajaj Finance trades at 28.77 times earnings against an industry multiple of 17.72.\"}},{\"@type\":\"Question\",\"name\":\"How did Shriram Finance, MAS Financial and Bajaj Finance perform in Q1 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Shriram Finance reported revenue of Rs 13,418.74 crore, up 16.3% year on year. 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Investments in securities are subject to market risk, so consider your risk profile first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shriram Finance, MAS Financial Services and Bajaj Finance compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":38,"featured_media":301640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[583,11117,11118,10963,4870],"class_list":["post-301642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-bajaj-finance","tag-high-growth-loan-book-stocks","tag-high-growth-loan-book-stocks-to-buy","tag-mas-financial-services","tag-shriram-finance"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["301640"],"rank_math_title":["High-Growth Loan Book Stocks: Top 3 Roadmap Picks"],"rank_math_description":["High-growth loan book stocks with a strong roadmap: Shriram Finance, MAS Financial and Bajaj Finance compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["high-growth loan book stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-high-growth-loan-book-stocks-with-a-strong-future-roadmap-shriram-finance-mas.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/301642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=301642"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/301642\/revisions"}],"predecessor-version":[{"id":301643,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/301642\/revisions\/301643"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/301640"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=301642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=301642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=301642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}