Housing Finance
49 recent notes from companies in this sector. 16 companies tracked.
Home First reaffirms 25% AUM growth, CFO to step down
Q1 AUM hit ₹16,938 cr, up 25.7%. CFO Nutan Gaba Patwari leaves after eight years; board considering replacements.
HUDCO guides ₹65,000 cr disbursements in FY27, legacy NPAs in sight
Q1 net profit jumped 35% to ₹851 cr. Management targets 2% spread recovery by Q3FY27 and reaffirms ₹3 lakh cr loan book by 2030.
Home First Q1 profit rises 34.5% to ₹160 cr, AUM growth on track
Assets under management grow 25.7% to ₹16,938 cr, disbursements hit record ₹1,628 cr. MD reaffirms ~25% AUM growth for FY27.
Home First CFO exits even as Q1 profit jumps 34.5%
Strong quarterly numbers (PAT up 34.5% to ₹160 cr, AUM up 25.7%) are overshadowed by the sudden resignation of CFO Nutan Gaba Patwari with no reason given, raising questions about management stability.
Home First Q1 net profit rises 34% to ₹159.85 cr
Quarterly profit climbed from ₹118.89 cr a year ago. Both auditors signed off clean. No corporate actions outside the numbers.
Home First Q1 profit rises 34%, in line with guidance
Net profit of ₹159.85 cr meets expectations; total income up 18.5%. No surprise, market likely priced in.
Aavas Q1 transcript filed, no new data
Procedural filing of the July 21 earnings call. All results and guidance were already public.
Parshwanath board to weigh changing business object, new director
The July 30 meeting could signal a strategic pivot for the ₹19 cr housing finance firm, but the company has offered no details on the proposed changes.
HUDCO's Q1 net profit jumps 35% to ₹851 cr, NPAs shrink further
Interest income up 27% and lower provisions drive earnings; board declares ₹1.25 interim dividend; gross NPAs fall to 0.96%.
HUDCO Q1 net profit ₹851 cr, NPAs shrink to 0.96%
Standalone net profit up 35% YoY; asset quality improves with zero slippages. Board declares ₹1.25 interim dividend; ₹2,140 cr raised via NCDs.
Aavas cuts FY27 guidance, targets home loan market share
Disbursements jumped 41% in Q1 but management lowered growth forecast to 22-23% from 25%+ and expects spreads below 5%, reversing an earlier stance on market share.
Aavas Q1 profit up 23% — governance cloud persists
Net profit at ₹1.71 bn, AUM up 15.4% to ₹239 bn, NIM at 7.70%. But CFO and CRO exits and ICRA's rating watch on ₹4,198 cr debt keep the overhang alive.
Aavas Q1 net profit up 23% — governance overhang lingers
Net profit ₹171 cr vs ₹139 cr YoY; gross NPA stable at 1.11%. Results are solid but come after CFO/CRO exits and NHB scrutiny.
Can Fin Homes cuts credit cost view, delays IT rollout
The housing financier trimmed FY27 credit cost guidance to 10 bps from 15 bps on improving delinquencies, but its loan origination system missed a Q1 target and the sales team expansion was scrapped.
Aadhar Housing raises ₹350 cr from debentures in latest bond tap
The floating-rate NCDs mature in 2031 and carry an ICRA AA Positive rating. The raise is 1.55% of market cap and follows a ₹250 cr placement in June.
Can Fin Homes profit up 20% YoY, drops 23% QoQ on tax normalisation
Net profit at ₹267.82 cr for Q1 FY27, gross NPA steady at 0.87%. Board grants ESOPs, redeems ₹935 cr NCDs.
Can Fin Homes Q1 profit up 20% YoY, down 23% QoQ on tax normalisation
Net profit of ₹267.82 crore trails the March quarter's ₹346 crore as a deferred-tax credit unwinds. NII grows to ₹427.6 crore, asset quality steady.
Piramal Finance flags IT stress, raises ₹4,000 cr to fuel growth
Q1 profit jumped 67% to ₹461 cr as cost-to-income fell to 53%. Management reaffirms guidance but flags IT-sector stress in Southern India and secured book.
Piramal Finance net jumps 67% in Q1, AUM crosses ₹1 lakh cr
Retail disbursements surge 44% as branch count hits 780. Board greenlights ₹4,000 cr equity raise, already flagged.
Piramal Finance plans ₹4,000 cr equity raise – 8% dilution
Board approves QIP, rights, or other modes to raise capital; funds to strengthen NBFC's balance sheet and support lending growth. The proposed size equals about 8% of current market cap.
Piramal Finance gets BBB rating from JCR and R&I
First international credit rating, stable outlook, one notch below India's sovereign. Opens door for foreign currency funding.
HUDCO signs third ₹1 lakh cr MoU in a month, this time with Odisha
HUDCO has inked a non-binding MoU with Odisha to provide up to ₹1 lakh crore over five years for housing and infrastructure, the third such state-level framework in a month.
PNB Housing board clears ₹10,000 cr NCD plan
The board approved a proposal to issue NCDs aggregating up to ₹10,000 crore, about 36% of its market cap. Shareholder nod is needed at the AGM.
Piramal Finance board to weigh equity raise — QIP, rights on table
The NBFC's board will meet on 16 July to consider a fund raising proposal, potentially through QIP, rights issue or preferential allotment. No quantum has been disclosed.
Bajaj Housing Finance board to meet 29 July for Q1 results
Routine intimation; no financials disclosed. Trading window closed from 1 July to 31 July.
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%.