Can Fin Homes Limited has informed the Exchange about Transcript

Can Fin Homes reported record Q1 FY26 disbursements of over INR 2,000 crores, up 9% year-on-year, with North, West, Tamil Nadu, and East zones all growing positively. Total delinquency fell by INR 280 crores from March 2025, marking the lowest delinquency ratio in the last five quarters, though NPA rose sequentially by INR 45 crores as is typical for Q1. The company has passed on 25 bps of repo rate cuts to customers (10 bps in May, 15 bps in July) and expects further benefits as NHB revises its PLR and INR 2,500-3,000 crores of bank term loans reset lower, with incremental cost of borrowing now at 7.3%. Management guided FY26 disbursements of INR 10,500 crores, Q2 disbursements of INR 2,500 crores plus, NIM at 3.5% (currently 3.64%), spread at 2.5%, and credit cost at 15 bps, while planning to expand to 249 branches by FY26 and 300 by FY28. A new CFO joined on June 30, and a two-phase IT transformation is on track for completion in August-September (treasury) and November (core lending).