Can Fin Homes Limited submitted an investor presentation to the stock exchanges detailing its Q1 FY27 financial and operational performance, along with strategic updates and ESG initiatives.
Financial Performance - Q1 FY27
- New Approvals: ₹2,795 crore, up 36% YoY (₹2,059 crore in Q1 FY26)
- Disbursements: ₹2,609 crore, up 29% YoY (₹2,015 crore in Q1 FY26)
- Outstanding Loan Book: ₹42,961 crore, up 11% YoY (₹38,773 crore in Q1 FY26)
- Net Interest Income: ₹427 crore, up 18% YoY (₹363 crore in Q1 FY26)
- Operating Profit: ₹352 crore, up 16% YoY (₹304 crore in Q1 FY26)
- ECL Provision: ₹13 crore, down 50% YoY (₹26 crore in Q1 FY26)
- Profit Before Tax: ₹339 crore, up 22% YoY (₹278 crore in Q1 FY26)
- Profit After Tax: ₹268 crore, up 20% YoY (₹223 crore in Q1 FY26)
- Gross NPA: ₹376 crore (₹378 crore in Q1 FY26)
- Gross NPA Ratio: 0.87% (0.98% in Q1 FY26)
- Net NPA (excluding management overlay): ₹180 crore (₹208 crore in Q1 FY26)
- Net NPA Ratio (excluding management overlay): 0.42% (0.54% in Q1 FY26)
Key Financial Ratios - Q1 FY27
- Return on Average Assets: 2.39% (2.19% in Q1 FY26)
- Return on Average Equity: 17.15% (16.93% in Q1 FY26)
- Earnings Per Share: ₹20.12 (₹16.81 in Q1 FY26)
- Net Interest Margin: 3.81% (3.64% in Q1 FY26)
- Yield on Loan Portfolio: 9.81% (10.09% in Q1 FY26)
- Cost of Borrowing: 6.98% (7.47% in Q1 FY26)
- Spread: 2.83% (2.62% in Q1 FY26)
- Cost Income Ratio: 19.52% (18.33% in Q1 FY26)
- Debt Equity Ratio: 6.18 (6.71 in Q1 FY26)
Business Highlights
- Sourcing Channels: Total disbursement of ₹2,609 crore in Q1 FY27 comprised of ₹2,034 crore from old branches, ₹276 crore from sales team, and ₹299 crore from new branches
- Portfolio Composition: 68% salaried & professionals (₹29,048 crore), 32% non-salaried class (₹13,873 crore)
- Product Mix: Housing loans (₹34,354 crore), mortgage loans (₹3,716 crore), top-up loans (₹1,839 crore), repairs & renovation (₹1,354 crore), loans for sites (₹1,404 crore), others (₹254 crore)
- Funding Profile: Total borrowings of ₹38,641 crore with structure including NCD (₹5,515 crore), CP (₹2,971 crore), deposits (₹227 crore), NHB (₹5,945 crore), and various bank borrowings (₹23,983 crore)
- Asset-Liability Mix: Fixed assets ₹2,364 crore, floating assets ₹42,704 crore; Fixed liabilities ₹11,604 crore, floating liabilities ₹27,037 crore
Asset Quality & Provisions
- Total Delinquency Pool: ₹3,442 crore (8.01% of portfolio) compared to ₹3,979 crore (10.26%) in Q1 FY26
- Total Provisions Held: ₹509 crore comprising ECL provision (Stage 3: ₹205 crore), management overlay (₹59 crore), provision for restructured accounts (₹40 crore), and provision for standard asset and undisbursed loan commitment (₹205 crore)
- PCR with Management Overlay: 81% (74% in Q1 FY26)
- Run Down Ratio: 4.40% in Q1 FY27 (3.81% in Q1 FY26)
Digital Transformation Status
The company provided updates on its IT transformation initiatives:
- Implemented Systems: Risk Mgmt. & ALM (Q2 FY26), Treasury (Q2 FY26), Finance & Accounting Sprint-1 (Q2 FY26), HRMS (Q3 FY26), Aadhaar Data Vault (Q3 FY26), Document Management System (Q3 FY26), Finance & Accounting Sprint-2 (Q4 FY26), Deposits (Q4 FY26)
- Pilot Phase Systems: Reports (Q1 FY27), Loan Origination System (Q1 FY27), Loan Management System (Q1 FY27)
- Infrastructure: Cloud setup with Amazon Web Services, Active Directory with AWS & Microsoft, SD-WAN with Fortinet, NOC with MotaData, SOC with DNIF, ITSM with MotaData
Strategic Framework
The presentation outlined a three-pillar strategy:
- Reinforce: Continue focus on growth, asset quality, profitability, liquidity, governance, and due diligence
- Rebuild: Evolve with technology integration while maintaining proven processes, thrust on direct sourcing
- Reach Higher: Expand sourcing channels, ensure environmentally friendly products and services
ESG Initiatives
The company highlighted several sustainability initiatives:
- Environmental: 25-kW rooftop solar system at registered office (8,140 kWh generated in FY26), rooftop solar loan scheme, e-waste recycling (0.88 tonnes), LED lighting conversion, motion-sensor lighting, climate risk assessment, waste segregation, rainwater harvesting
- Social: Increased female recruitment by 16.67%, training programs covering 89% of workforce, CSR initiatives in animal welfare, education, healthcare, etc., comprehensive employee benefits, customer feedback mechanism, Can Fin Vishwas product for marginalized groups
- Governance: IT transformation, cybersecurity framework, risk management framework, ESG Sub-Committee, investor call transcripts on website
ESG Ratings
- ESG Risk Assessments & Insights Limited: 60
- CRISIL ESG Ratings & Analytics Limited: Crisil ESG 63
- SES ESG Research Private Limited: 78.7
- CFC Finlease Private Limited: 80
- NSE Sustainability Ratings and Analytics: 73+
Network & Presence
- 250 branches/offices across 21 States/Union Territories as of June 30, 2026
- Headquartered in Bengaluru with pan-India presence
Shareholding Pattern (as on June 30, 2026)
- Promoter: 29.99%
- Mutual Funds: 16.54%
- Individual: 19.67%
- Foreign Corporate Bodies: 13.23%
- Bodies Corporate: 10.03%
- Others: 10.54%