Profit before tax (PBT) jumped 43.66% YoY to Rs 155.24 crore during the quarter.
Assets under management (AUM) stood at Rs 8,712 crore, registering the growth of 34% compared with Rs 6,509 crore posted in same quarter last year. Disbursement increased 24% YoY to Rs 887 crore in Q1 FY26 as against 715 crore in Q1 FY25.
Gross Stage 3 and Net Stage 3 were at 1.2% and 0.9% as of as on 30th June 2025.
Rupinder Singh, managing director and CEO of India Shelter Finance Corporation said, “We are pleased to announce that the Company delivered strong operational performance in the first quarter of FY26, driven by strong demand environment in the affordable housing segment. We delivered an AUM growth of 34% YoY, reaching an AUM of Rs 8,712 crore. In Q1FY26, we disbursed Rs 887 crore, registering a growth of 24% YoY. In Q1FY26, we added 24 new branches as part of the branch expansion strategy, geographic presence stood at 290 branches as of 30th June 2025.
On profitability metrics, PAT for the quarter came in at Rs 119 crore registering a growth of 43% YoY and 10% QoQ. Our return ratios have been on an improving trend with RoA improving to 6.0% and RoE reaching 17.2% for the first time post the IPO in Dec’23. We have been successful in reducing our cost of funds by 10 bps to 8.6% with spreads improving to 6.4%, ensuring sustained profitability.”
Meanwhile, the company’s board approved raising of funds through issuance of non-convertible debentures (NCDs) through private placement/public issuances, in one or more tranches up to an amount not exceeding Rs 1,000 crore.
India Shelter Finance Corporation provides affordable home loans and loan against property in Tier 2 and 3 geographies in India. It provides home loans to customers from low-and middle-income segments who are building or buying their first homes.