SRGHFLBSESRG Housing Finance LtdMediumNeutral
Announced Mon, 11 May · 17:52 IST

Press Release on the Financial results for the Quarter and year ended 31st March, 2026

Mgmt Guided Margin PressureInvestor Communications View source PDF

SRGHFL · price

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Price reaction · full curve 14 horizons · vs prior close
-10.5%1-day move
₹315.15
prior close
₹320.00
base price
After-mkt
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AI summary

SRG Housing Finance achieved a major milestone, crossing INR 1,000 Crore in Assets Under Management (AUM) at ₹1,042.15 Cr, up 37.24% YoY. Disbursements grew 45.44% to ₹443.54 Cr for FY26, while Net Interest Income rose 30.86% to ₹98.26 Cr and Profit After Tax jumped 33.16% to ₹32.49 Cr. Despite strong top-line and bottom-line growth, Net Interest Margin (NIM) compressed — from 11.03% to 10.91% for full year (FY) and 2.86% to 2.82% in Q4. The company maintained healthy asset quality with GNPA improving to 1.77% from 1.84%, and a robust Capital Adequacy Ratio of 38.62%. The MD cited ongoing geopolitical tensions (West Asia conflict) as exerting upward pressure on commodity and construction costs, though he affirmed these are near-term headwinds without material impact expected. Average ticket size grew 41.13% to ₹15.44 lakhs, driven by geographic expansion and rising construction costs.

Likely market impact

The company delivered strong growth across all key metrics with PAT up 33% and AUM crossing the ₹1,000 Cr milestone, but the NIM compression of 12 basis points for FY26 signals margin pressure from higher funding costs and rising construction inputs — something investors should monitor for further erosion in FY27.