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India Home Loan Q2 FY27 results: net profit down 85.7% to ₹0.01 crore, revenue down 15.7%
India Home Loan Ltd reported standalone revenue of ₹2.95 crore in Q2 FY27, down 15.7% from ₹3.50 crore a year earlier but up 19.4% from ₹2.47 crore in Q1 FY27. Net profit was ₹0.01 crore, compared with ₹0.07 crore in Q2 FY26 and ₹0.06 crore in Q1 FY27, while basic EPS was ₹0.01.
Key points
- Standalone Q2 FY27 revenue was ₹2.95 crore, down 15.7% from ₹3.50 crore in Q2 FY26 and up 19.4% from ₹2.47 crore in Q1 FY27.
- Total income was ₹3.05 crore, down 12.9% from ₹3.50 crore a year earlier and up 23.0% from ₹2.48 crore in the previous quarter.
- Profit before tax was ₹0.02 crore, down 60.0% from ₹0.05 crore in Q2 FY26 and down 50.0% from ₹0.04 crore in Q1 FY27.
- Net profit was ₹0.01 crore, down 85.7% from ₹0.07 crore in Q2 FY26 and down 83.3% from ₹0.06 crore in Q1 FY27.
- H1 FY27 revenue was ₹5.43 crore, down 30.2% from ₹7.78 crore in H1 FY26, while net profit was ₹0.07 crore against ₹0.08 crore.
How did India Home Loan perform in Q2 FY27?
India Home Loan reported standalone revenue of ₹2.95 crore for Q2 FY27, down 15.7% from ₹3.50 crore in Q2 FY26 and up 19.4% from ₹2.47 crore in Q1 FY27. Total income was ₹3.05 crore, down 12.9% year on year and up 23.0% from the previous quarter.
Profit before tax was ₹0.02 crore, down 60.0% from ₹0.05 crore a year earlier and 50.0% from ₹0.04 crore in Q1 FY27. Net profit fell to ₹0.01 crore from ₹0.07 crore in Q2 FY26 and ₹0.06 crore in the previous quarter. Basic EPS was ₹0.01, against ₹0.05 and ₹0.04, respectively. EBITDA and EBITDA margin were not reported. The results are standalone; no consolidated figures were given.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 2.95 | 2.47 | 3.50 | −15.7% | +19.4% |
| Other income | 0.09 | 0 | 0 | ||
| Total expenses | 3.02 | 2.44 | 3.45 | −12.5% | +23.8% |
| Profit before tax | 0.02 | 0.04 | 0.05 | −60.0% | −50.0% |
| Tax | 0.01 | −0.03 | −0.02 | ||
| Net profit | 0.01 | 0.06 | 0.07 | −85.7% | −83.3% |
| EPS (₹) | 0.01 | 0.04 | 0.05 | −80.0% | −75.0% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in India Home Loan's costs and profit?
Total expenses fell 12.5% to ₹3.02 crore from ₹3.45 crore in Q2 FY26. Finance costs declined 19.3% to ₹1.51 crore, depreciation fell 28.6% to ₹0.05 crore and other expenses decreased 27.5% to ₹0.58 crore. Employee cost moved in the opposite direction, rising 6.2% to ₹0.85 crore.
Other income was ₹0.09 crore in Q2 FY27 against no other income in Q2 FY26. There was no exceptional item. Tax was ₹0.01 crore, compared with a tax credit of ₹0.02 crore a year earlier. Against Q1 FY27, total expenses rose 23.8%, finance costs increased 29.1% and employee cost rose 2.4%, while other expenses fell 9.4% and depreciation declined 16.7%. The filings did not state reasons for these movements.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Employee cost | 0.85 | 0.80 | +0.05 | +6.2% |
| Finance costs | 1.51 | 1.87 | −0.36 | −19.3% |
| Depreciation | 0.05 | 0.07 | −0.02 | −28.6% |
| Other expenses | 0.58 | 0.80 | −0.22 | −27.5% |
| Total expenses | 3.02 | 3.45 | −0.43 | −12.5% |
| Other income | 0.09 | 0 | +0.09 | |
| Tax | 0.01 | −0.02 | +0.03 |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
For H1 FY27, standalone revenue was ₹5.43 crore, down 30.2% from ₹7.78 crore in H1 FY26. Total income was ₹5.52 crore against ₹7.78 crore, a decline of 29.0%, while profit before tax fell 40.0% to ₹0.06 crore from ₹0.10 crore.
Net profit for the first half was ₹0.07 crore, down 12.5% from ₹0.08 crore in H1 FY26. Basic EPS was ₹0.05, compared with ₹0.06 in the earlier first half.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 5.43 | 7.78 | −30.2% |
| Profit before tax | 0.06 | 0.10 | −40.0% |
| Net profit | 0.07 | 0.08 | −12.5% |
| EPS (₹) | 0.05 | 0.06 | −16.7% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
At 30 September 2026, total assets were ₹97.01 crore, lower than ₹97.30 crore on 31 March 2026. Total equity was ₹41.54 crore against ₹41.46 crore, while cash was ₹0.26 crore compared with ₹0.12 crore. Borrowings were not reported in the available figures.
H1 FY27 operating cash flow was ₹3.73 crore, down from ₹5.61 crore in H1 FY26. Investing cash flow was ₹0.04 crore against a cash outflow of ₹2.46 crore, and financing cash flow was an outflow of ₹3.64 crore against an outflow of ₹3.45 crore.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 97.01 | 97.30 |
| Total equity | 41.54 | 41.46 |
| Cash and equivalents | 0.26 | 0.12 |
| Inventories | 0 | 0 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 3.73 | 5.61 |
| Cash from investing | 0.04 | −2.46 |
| Cash from financing | −3.64 | −3.45 |
| Capital expenditure | 0 | 0.03 |
Source: Company's results filing (XBRL).
How has India Home Loan done over the last 8 quarters?
Revenue reached ₹4.28 crore in Q1 FY26, its highest level in the reported eight-quarter series, before falling to ₹2.47 crore in Q1 FY27 and recovering to ₹2.95 crore in Q2 FY27. The lowest revenue was ₹2.47 crore in Q1 FY27, while Q2 FY27 remained below the ₹3.50 crore reported in Q2 FY26.
Net profit reached ₹0.11 crore in Q3 FY25 and was lowest at no exceptional profit in Q4 FY26. It then rose to ₹0.06 crore in Q1 FY27 before falling to ₹0.01 crore in Q2 FY27. EBITDA margins were not provided for any quarter, so the profit-margin trend cannot be stated.
What else did the company announce?
At its meeting on 4 November 2026, the board approved the unaudited standalone financial results for the quarter and half year ended 30 September 2026, together with the auditors’ limited review report. It appointed Manmohan Jindal as an Additional Non-Executive Independent Director for five consecutive years, subject to shareholder approval.
The board also appointed Mitesh M. Pujara as Chief Operating Officer and designated him as Key Managerial Personnel, and Ganesh Ruvikar as Whole-time Company Secretary and Compliance Officer. The same-day filings did not disclose a dividend or a fund raise.
What did the auditors point out?
H K Shah & Co. conducted a limited review under Standard on Review Engagements 2410 and said the review was based primarily on inquiries and analytical procedures. The auditors did not perform an audit and did not express an audit opinion, stating that a review provides less assurance than an audit.
The report included an emphasis of matter stating, “Even though the going-concern view of the company is improving, the revenue needs to be further increased.” It also stated that, to mitigate risk on financial assets, the company holds collateral wherever required under the powers conferred on the HFC under the SARFESI Act, and that properties under legal repossession are treated as assets held for sale.
How did other Housing Finance Company companies do?
Eight other Housing Finance Company companies that filed for the quarter had a median revenue growth of 14.2%. All 8 grew faster than India Home Loan, and none grew slower. Profit increased at all 8 peer companies.
| India Home Loan revenue growth (YoY) | −15.7% |
|---|---|
| Median of 8 other Housing Finance Company companies | +14.2% |
| Companies with slower revenue growth than India Home Loan | 0 of 8 |
| Companies with faster revenue growth than India Home Loan | 8 of 8 |
| Companies whose net profit rose | 8 of 8 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was India Home Loan's revenue in Q2 FY27?
Revenue from operations was ₹2.95 crore, down 15.7% from ₹3.50 crore in Q2 FY26 (standalone).
Did India Home Loan make a profit in Q2 FY27?
Yes. Net profit was ₹0.01 crore, against a net profit of ₹0.07 crore in Q2 FY26.
What was India Home Loan's EPS in Q2 FY27?
Basic earnings per share were ₹0.01, against ₹0.05 in Q2 FY26.
When did India Home Loan announce its Q2 FY27 results?
On 4 November 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Regulation 29 And Regulation 50(1) Of SEBI (LODR) Regulations, 2015 (BSE, 30 October 2026) · PDF
- Board Meeting Outcome for Board Meeting Outcome For Approval Of Un-Audited Financial Results For The Quarter And Half Year Ended September 30,2026 (BSE, 4 November 2026) · PDF
- Results - Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2026 (BSE, 4 November 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
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