BSEIndia Home Loan Ltd· FinanceHighNeutral
Announced Fri, 30 Jan, 2026 · 18:33 IST

We wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., January 30, 2026, inter alia, considered and approved the following items of business; 1. ....

Going ConcernEmphasis Of MatterResults RestatedResults View source PDFExplain this filing

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₹35.00
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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-1.6% vs market
Housing Finance Company peers, median of 17sector-2.0%-0.9% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 0.9 pts less than its Housing Finance Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

India Home Loan Ltd's board approved unaudited Q3FY26 (ended Dec 31, 2025) results, with revenue from operations at Rs. 331.45 lakh (Q3FY25: Rs. 330.97 lakh) and 9M revenue at Rs. 1,109.19 lakh vs Rs. 987.59 lakh a year earlier — growth of about 12% over 9 months. However, profitability has weakened sharply: Q3 net profit fell to just Rs. 0.86 lakh from Rs. 7.96 lakh YoY, and 9M PAT dropped to Rs. 9.24 lakh from Rs. 27.04 lakh. Net profit margin is a razor-thin 0.26% and operating margin 1.10%, while gross NPA is 2.71% and net NPA 1.94%. The auditor's limited review carries an unqualified conclusion but flags an 'emphasis of matter' stating that the going-concern outlook is improving only if revenue is scaled up further. The board also approved re-appointment of Mr. Mahesh Pujara (age 70+) as Managing Director — he is the father of Chairman Mitesh Pujara — and doubling the authorised share capital from Rs. 25 crore to Rs. 50 crore, subject to shareholder approval. Separately, the company has repaid only Rs. 337.50 lakh of its Rs. 20 crore NCD issue and is in talks with bankers to convert the balance into term loans or seek moratorium.

Likely market impact

Sharp YoY drop in profits, sub-1% margins, the auditor's going-concern emphasis, and the need for a capital infusion together signal stress on earnings and funding — shareholders should weigh the weak profitability and pending NCD restructuring against the proposed capital expansion.