India Shelter Finance Corporation Limited delivered a strong performance for the financial year ended March 31, 2026. The company reported a 29% year-on-year growth in Gross AUM to Rs. 11,044 crore and a 33% increase in Profit After Tax (PAT) to Rs. 503 crore. The company continues to maintain healthy asset quality and operational efficiency while expanding its geographic reach, ending the year with 307 branches across 15 states.
Annual Financial Highlights
India Shelter Finance Corporation Limited has concluded FY26 with significant growth across key financial metrics. The company’s Gross AUM reached Rs. 11,044 crore, marking a 29% increase over the previous year. Profit After Tax for the full year stood at Rs. 503 crore, a robust 33% growth compared to FY25. This growth is supported by a disciplined expansion strategy and strong operational execution.
Operational Milestones
During the fiscal year, the company added 41 new branches, bringing the total network to 307 locations. Digital transformation remains a key priority, with the company achieving 95% digital collections and 99% e-signing of applications. The company’s focus on the underserved customer segment remains clear, with 72% of its base being first-time mortgage borrowers and 91% of its portfolio located in Tier II and Tier III cities.
Asset Quality and Profitability
The company continues to exhibit strong asset quality, with Gross Stage 3 assets at 1.2% and Net Stage 3 assets at 0.9% as of March 31, 2026. The company’s credit cost remained low at 0.5% for the year. Furthermore, the company improved its cost of funds by 50 bps year-on-year to 8.2%, maintaining a stable spread of 6.6%. These metrics underscore the company’s ability to manage risk effectively while scaling its operations.
Strategic Outlook
Looking ahead, the company remains committed to its core strategy of growing its distribution network, optimizing borrowing costs, and leveraging technology for scalability. With a strong liquidity position of Rs. 2,028 crore and a robust capital adequacy ratio, India Shelter is well-positioned to capitalize on the sustained demand for affordable housing in India’s Tier II and Tier III markets.
Source: BSE
