Housing Finance
24 recent notes from companies in this sector. 13 companies tracked.
Ind Bank Housing turns profitable on asset sales, wind-down not over
Q1 net profit of ₹387.54 lakhs vs loss year ago, but RBI licence cancelled, no lending, auditor flags going concern.
Ind Bank Housing swings to ₹387.54 lakh profit in Q1, but wind-down continues
A surge in other income and a prior-year tax credit turned a loss into a profit. But the company, stripped of its RBI license, remains in asset-recovery mode with a going concern warning.
HUDCO signs second ₹1 lakh crore MoU in a month, this time with Bihar
The non-binding framework with Bihar mirrors the Gujarat accord signed in June. At 240% of HUDCO's market cap, the pipeline is massive, but execution risk is high.
Bajaj Housing Finance AUM rises 24% to ₹1,49,610 crore in Q1 FY27
Disbursements up 11% to ₹19,500 crore, but the quarterly update lacks earnings and asset quality data.
India Home Loan restructures ₹17.55 cr loan; CEO gives personal guarantee
The nano-cap HFC's debt restructuring equals 39% of its market cap. CEO Mahesh Pujara must personally guarantee repayment, and cash flows will be routed through IDFC First Bank under tight covenants.
ICRA puts Aavas's ₹4,198 cr debt on watch after CFO, CRO exits
Rating watch with developing implications reflects uncertainty over senior leadership turnover, though liquidity remains ample.
HUDCO's Q1 loan sanctions nearly double, eclipse own market cap
Provisional sanctions of ₹65,485 crore for the June quarter represent a 93% YoY jump and already 40% of FY26 full-year sanctions. The state-owned financier's lending momentum accelerates after recent state MoUs.
Aavas denies NHB rumour — but scrutiny lingers
The housing financier refutes reports of loan classification discrepancies and NHB facility reversals as misleading and malicious. But the denial comes after a double exit of CFO and CRO, and an ongoing NHB inspection remains open.
Aavas loses CFO and CRO in double exit
Both top finance and risk officers resign simultaneously, effective September 2026; interim replacements appointed from within.
Home First to meet Enam Holdings at JM Financial conference
The housing finance company will hold one-on-one meetings and branch visits with the prominent institutional investor, signaling possible interest. No new financials or guidance were disclosed.
Aadhar Housing raises ₹250 cr via NCD private placement
The three-year floating-rate notes (3-month T-bill plus spread) carry an ICRA AA Positive rating. The raise is about 1.2% of market cap, an incremental treasury operation, not a strategic event.
HUDCO's ₹1 lakh crore Gujarat MoU is intent, not a done deal
The government-owned financier signed a non-binding pact to lend up to ₹1,00,000 crore for infrastructure. That's 234% of its market cap, but actual disbursements depend on project approvals.
Star Housing's debenture trustee puts a director on the board
Vardhman Trusteeship nominates Yogesh Limbachia as nominee director effective June 17, 2026, after the housing finance company defaults on NCDs and term loans and sees its credit rating cut to 'D'.
Can Fin Homes to raise ₹5,000 cr in debt — 46% of its market cap
The board approved a mix of bonds and mortgage-backed securities, a balance-sheet expansion that dwarfs the company's current equity base. Shareholder approval is still needed.
Manraj Housing's audit reply adds nothing new to existing red flags
A compliance reply to the stock exchange contains no material updates beyond the adverse opinion and ED investigation already disclosed.
Ruparel Food's standalone business lost money. An associate carried the group.
A ₹16.11L operating loss at the core business was masked by an ₹85.31L profit from an associate in the consolidated books.
Ruparel Food's standalone losses persist; associate props up profit
Annual results show ₹3.43 cr revenue but ₹16.11 lakh loss at the standalone level. Consolidated profit of ₹69.20 lakh relies entirely on SAMT Foods' ₹85.31 lakh contribution.
Manraj Housing Finance reports zero revenue and a negative net worth.
The company has defaulted on ₹687 lakhs in bank debt while its assets remain under Enforcement Directorate attachment.
Manraj Housing Finance net worth turns negative as auditor flags default
The company recorded zero revenue for FY2026, while its auditor issued an adverse opinion citing assets frozen by the Enforcement Directorate.
Repco pushes ₹25,000 cr AUM goal to FY29, cites prepayment drag
The lender's loan book grew 9.6%, but not fast enough. It secured a ₹600 cr NHB line to trim funding costs.
Repco Home Finance delays its ₹25,000 cr AUM goal by one year
Management blames competitive pressure and high prepayments for the target shift to FY29, even as annual profit climbed 26%.
Repco Home Finance profit flat as loan book hits ₹15,880 crore
Sanctions climbed 28% while bad loans dropped to 2.55%, providing a cleaner look at FY26 performance.
Sammaan Capital posts ₹7,144.56 cr loss as it cleans up legacy books
The NBFC sets aside ₹6,499.17 cr in exceptional items; declares zero NPAs for the first time.
Sammaan Capital halves margin target, cuts FY27 disbursement goal
The NBFC now targets 150 bps cost-of-funds reduction over three years, down from 270 bps in 9-12 months, and lowers loan growth ambition by 14%.