Repco Home Finance Limited has informed the Exchange about General Updates
REPCOHOME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Repco Home Finance Limited reported audited standalone net profit of Rs 454.17 crore for FY 2025-26 compared to Rs 453.52 crore (restated) in FY 2024-25, showing marginal growth. Total income stood at Rs 1,711.99 crore. The company recommended a final dividend of Rs 3 per share (30% on face value of Rs 10). The board approved raising funds via Non-Convertible Debentures (Rs 1,500 crore) and Commercial Paper (Rs 1,000 crore) on private placement basis, subject to shareholder approval. Borrowing limits have been increased from Rs 15,000 crore to Rs 20,000 crore. Statutory auditors issued an unmodified (clean) opinion. The financial statements for April 1, 2024 were restated due to changes in Deferred Tax Liability accounting (Rs 183.56 crore reversed to retained earnings) and reversal of interest income (Rs 9.66 crore) as per NHB advisory.
The company's net profit remained largely flat year-on-year, indicating stable but not growing profitability. The significant fund-raising plans (Rs 2,500 crore) and increased borrowing limits suggest the company is looking to scale up its lending operations. The accounting restatements are non-cash adjustments and do not impact the company's core operations. Shareholders can expect dividend income subject to AGM approval.