Sher Dil is a story involving mafia and gang wars. Anjaneyulu (Ravi Teja) works as a reporter for a news channel. Subash is another honest reporter belonging to the same channel who unravels a murder conspiracy relating to the mafia leader, Bada (Sonu Sood), in which Anjaneyulu's parents get killed.
Anjali (Nayantara) is an employee for mobile servicing company, Airtel. Anjaneyulu comes across this lady and wants her to be his love.
Anjaneyulu joins Bada's gang in the name of Pavan to extract all the information behind the conspiracy. In the end, Anjaneyulu kills the bad guys including Bada and turns over the CD containing all the information relating to the conspiracy to the police.
Anjali and Anjaneyulu get married. Anjali gives birth to a boy, who is named after Anjaneyulu's father, Krishna Murhty or "Murthygaru"