A housing finance company that lends for housing and uses the proceeds to fund housing loans and refinance existing debt. The loan book sits on total assets of Rs 11,298.98 crore as of FY26. Funding comes largely from market borrowings in the form of secured, listed, rated, redeemable non-convertible debentures and commercial paper; the board has cleared private placement of NCDs/bonds up to Rs 2,500 crore during the year. Recent issuances include a Rs 200.07 crore NCD Series 12 Tranche 1 at 8.15% per annum fixed coupon for 548 days, rated CRISIL AA+ Stable, with ICICI Bank as arranger and anchor investor for Rs 60 crore, and allottees including ICICI Bank, Tata Mutual Fund schemes and LIC Mutual Fund. Reported revenue for FY26 was Rs 1,082.23 crore with net profit of Rs 154.82 crore and an EBITDA margin of 79.2 percent. The largest cost line on the books is interest on borrowed funds, while employees cost 8.3 percent of revenue and other operating expenses 6.1 percent. The company has declared a Rs 4.5 per share dividend for FY26, subject to shareholder approval. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Housing finance lending. Spread-based, asset-heavy housing finance; cyclical to interest rates and housing demand
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,150 | 1,115 | 1,057 | 1,079 | 1,082 |
| EBITDA (ex other income) | 933 | 988 | 917 | 915 | 856 |
| margin % | 81.2 | 88.6 | 86.7 | 84.8 | 79.1 |
| Owners' profit | 174 | 213 | 151 | 160 | 155 |
| EPS, as reported (₹) | 32.22 | 39.60 | 28.11 | 29.79 | 28.75 |
| ROE % · ROCE % | 11.5 · — | 12.5 · — | 8.3 · — | 8.2 · — | 7.3 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 1,286 | 290 | 522 | (18) | (320) |
| Capex | (0) | 0 | (2) | (1) | (1) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 264 | 269 | 272 | 265 | 272 | 273 | 273 | 267 |
| Profit before tax | 48 | 56 | 56 | (20) | 61 | 55 | 63 | 18 |
| Net profit | 37 | 50 | 35 | 7 | 50 | 44 | 54 | 10 |
| EPS (₹) | 6.78 | 9.23 | 6.54 | 1.38 | 9.29 | 8.11 | 9.97 | 1.87 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ HOUSING FINANCE LTD | 70,078 | 34.6 | 3.11 | — | 11.4 | — | — | 92.4 |
| LIC HOUSING FINANCE LTD | 30,982 | 5.4 | 0.75 | 1.1 | 13.5 | — | 7.7 | 97.1 |
| PNB HOUSING FIN LTD. | 30,721 | 13.3 | 1.60 | 3.5 | 11.9 | — | 2.3 | 91.6 |
| AADHAR HOUSING FINANCE L | 19,978 | 17.4 | 2.65 | 6.9 | 14.5 | — | — | 75.4 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 28 Aug 2026 · Postal Ballot: New Independent Director Appointment and RPT Approval | compliance | minimal | — | — |
| 27 Aug 2026 · Postal Ballot: Director Appointment and Material RPT Approval | board shareholder meetings | low | — | — |
| 24 Aug 2026 · GIC Housing Finance pays interest on NCD on schedule | credit debt | low | — | — |
| 24 Aug 2026 · Notice on special window for physical share transfer and KYC update | compliance | minimal | — | — |
| 21 Aug 2026 · GIC Housing Finance redeems Rs 300 crore NCD on maturity, pays interest on time | credit debt | low | — | — |
| 21 Aug 2026 · New Head of Operations appointed at GIC Housing Finance | management changes | medium | — | — |
| 13 Aug 2026 · GIC Housing Finance Q1 FY27 PAT up 125% YoY to 10 Cr | results | medium | — | — |
| 13 Aug 2026 · Newspaper publication of GIC Housing Finance Q1 FY27 results | compliance | minimal | — | — |
| 12 Aug 2026 · GIC Housing Finance Q1 FY26-27 PAT up 37% YoY at Rs 10 crore | results | high | — | — |
| 12 Aug 2026 · GIC Housing Finance Q1 FY27 net profit Rs 10.04 cr up 37% YoY, board changes, RPT nod | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| SAMMAAN CAPITAL LIMITED |
| 17,203 |
| — |
| 0.91 |
| — |
| (37.6) |
| — |
| (3.8) |
| 101.8 |
| HOME FIRST FIN CO IND LTD | 12,386 | 21.2 | 2.84 | — | 12.4 | — | — | 78.3 |
| APTUS VALUE HSG FIN I LTD | 12,360 | 12.5 | 2.44 | 6.3 | 18.6 | — | — | 83.7 |
| CAN FIN HOMES LTD | 10,400 | 9.2 | 1.74 | — | 18.2 | — | — | 91.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 4.7 | 13.3 | 2 of 17 | 94% |
| P/B | 0.3 | 1.4 | 2 of 16 | 93% |
| ROE | 7.3 | 11.6 | 13 of 20 | 37% |
| Debt / Equity | 0.0 | 0.0 | 3 of 20 | 0% |
| EBITDA margin | 72.9 | 74.7 | 12 of 19 | 39% |
| Revenue growth | 0.5 | 9.0 | 14 of 19 | 28% |
| Profit growth | 35.9 | 19.3 | 5 of 20 | 79% |
| Market cap | 735 | 7130 | 12 of 19 | 39% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
