SAMMAANCAPNSESammaan Capital LimitedMediumNeutral
Announced Wed, 13 Aug · 15:34 IST

Sammaan Capital Limited has informed the Exchange regarding 'Please find enclosed an Earnings Update of Sammaan Capital Limited (formerly known as Indiabulls Housing Finance Limited), for the quarter ended June 30, 2025, for your information and record. '.

Business Updates View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sammaan Capital Limited (formerly Indiabulls Housing Finance) shared its Q1FY26 earnings update. Consolidated net worth rose to ₹22,106 Cr from ₹21,822 Cr in the previous quarter, while Net Interest Income grew about 12% sequentially to ₹1,213 Cr. Pre-provision operating profit jumped to ₹934 Cr (vs ₹744 Cr in Q4FY25), supported by improving Net Interest Margins of 6.9% (up from 6.2%). Profit after tax was largely flat at ₹334 Cr vs ₹324 Cr, as higher impairment charges of ₹466 Cr weighed on the bottom line. Total AUM stood at ₹62,378 Cr with Growth AUM at ₹38,897 Cr, while legacy loan book continued its run-down to ₹23,481 Cr. Asset quality remained stable with Net NPA at 0.8% and Gross NPA at 1.5%.

Likely market impact

Quarter-on-quarter, core profitability improved meaningfully with better margins and lower finance costs, though asset quality showed a slight uptick in gross NPAs. Shareholders can view this as a steady quarter with the company on track with its asset-light growth strategy and legacy book reduction, supported by an AA/Stable credit rating and strong liquidity (LCR at 280%).