SRG Housing Finance Limited has informed the Exchange about Transcript
SRGHFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SRG Housing Finance reported strong FY26 results with AUM crossing INR 1,000 crore to INR 1,042 crore (+37% YoY). Net interest income grew 31% to INR 98.26 crore, while PAT rose 33% to INR 32.49 crore. NIM remained healthy at 10.91%, with disbursements up 45% to INR 443.54 crore. Asset quality was stable with GNPA at 1.77%. Management targets INR 1,400-1,500 crore AUM and INR 600 crore disbursements for the next year, with plans to expand into Tamil Nadu and Telangana via 10-15 new branches. The company also disclosed a long-term vision to reach INR 2,000-2,500 crore AUM in 2.5-3 years and INR 10,000-20,000 crore over the long term, while flagging a potential equity raise once leverage approaches 5-6x. Rating was upgraded to A- Stable by Acuité.
The company demonstrates strong growth momentum in the underserved rural/semi-urban housing segment with improving profitability metrics. The multi-year AUM targets and NIM guidance indicate sustainable performance, though the flagged equity raise could be dilutive to existing shareholders.