Gurugram (Haryana) [India], August 19 (HBTV): The Board of Directors of India Shelter Finance Corporation on Tuesday approved the unaudited financial results for the quarter ended June 30, 2025, reporting strong growth in profitability and assets under management (AUM).
Commenting on the performance, Rupinder Singh, Managing Director and CEO of India Shelter Finance Corporation, said, ‘We are pleased to announce that the Company delivered strong operational performance in the first quarter of FY26, driven by robust demand in the affordable housing segment. We delivered an AUM growth of 34 percent year-on-year, reaching INR 8,712 crore. In Q1FY26, we disbursed INR 887 crore, registering a growth of 24 percent year-on-year. We also added 24 new branches as part of our expansion strategy, taking our geographic presence to 290 branches as of June 30, 2025.’
On profitability metrics, the company reported a profit after tax of INR 119 crore for the quarter, marking a growth of 43 percent year-on-year and 10 percent quarter-on-quarter. Return ratios also strengthened, with Return on Assets improving to 6.0 percent and Return on Equity reaching 17.2 percent for the first time since the company’s IPO in December 2023. Singh said the company had been successful in reducing its cost of funds by 10 basis points to 8.6 percent, with spreads improving to 6.4 percent, ensuring sustained profitability.
India Shelter reported a net worth of INR 2,836 crore as of June 2025, while maintaining a liquidity buffer of INR 1,216 crore. Asset quality remained stable, with Gross Stage 3 at 1.2 percent and Net Stage 3 at 0.9 percent. The 30+ days past due metric stood at 4.5 percent, while credit cost for the quarter came in at 0.5 percent.
India Shelter Finance Corporation provides affordable home loans and loans against property across Tier 2 and Tier 3 geographies in India, catering primarily to low- and middle-income segments. The company operates in 15 states with a network of 290 branches and maintains a granular portfolio. It is run by an experienced professional management team backed by marquee investors.
(ANI)