Company Overview

Can Fin Homes Limited is a 38-year old housing finance company registered as a deposit-taking HFC with NHB, promoted by Canara Bank (approximately 30% shareholding). The company was listed in 1989 and has maintained uninterrupted dividend payment since inception. Headquartered in Bengaluru with pan-India presence across 274 branches/offices in 21 States/Union Territories.

Management Structure

Board of Directors:

  • Shri Hardeep Singh Ahluwalia - Non-Executive Director (Promoter)
  • Shri Suresh S Iyer - Managing Director & CEO
  • Shri Ajai Kumar - Director (Independent)
  • Shri Arvind Narayan Yennemadi - Director (Independent)
  • Shri Murali Ramaswami - Director (Independent)
  • Smt Varsha Vasant Purandare - Director (Independent) (w.e.f 30/07/2026)
  • Shri Shailesh Kumar Singh - Deputy Managing Director (w.e.f. 03/07/2026)

Experienced Management Team:

  • Shri Prakash Shanbhogue - President - Business (33 years experience, 33 years with company)
  • Shri A Uthaya Kumar - President - Assurance and Chief Risk Officer (32 years experience, 32 years with company)
  • Shri Nilesh Jain - Company Secretary and Head - Board Secretariat (23 years experience, 3 years with company)
  • Shri Abhishek Mishra - Chief Financial Officer (22 years experience, 1 year with company)
  • Shri D R Prabhu - Vice President & Chief Compliance Officer (37 years experience, 37 years with company)
  • Shri A Narayanan - Chief Information Officer (35 years experience, 1 year with company)
  • Shri Jagadish U Bhat - Head - Credit (25 years experience, 4 months with company)
  • Shri Prashanth Joishy - Head – Products and Strategy (36 years experience, 36 years with company)
  • Shri P Ratheesh Kumar - Chief Audit Officer (29 years experience, 29 years with company)

Q2 FY27 Financial Performance

` in Crore

| Particulars | Sept'26 (3m) | Sept'25 (3m) | Jun'26 (3m) |

| New Approvals | 2,604 | 2,680 | 2,795 |

| Disbursements | 2,373 | 2,545 | 2,609 |

| Outstanding Loan Book | 43,539 | 39,657 | 42,961 |

| Net Interest Income | 431 | 404 | 427 |

| Operating Profit | 355 | 335 | 352 |

| ECL Provision | 8 | 3 | 13 |

| Profit Before Tax | 347 | 332 | 339 |

| Profit After Tax | 275 | 251 | 268 |

| Gross NPA | 392 | 373 | 376 |

| Gross NPA Ratio (%) | 0.90% | 0.94% | 0.87% |

| Net NPA* | 185 | 191 | 171 |

| Net NPA Ratio (%)* | 0.42% | 0.48% | 0.40% |

*Excluding Management Overlay

H1 FY27 Financial Performance (Year-on-Year)

` in Crore

| Particulars | Sept'26 (6m) | Sept'25 (6m) | Growth (%) |

| New Approvals | 5,399 | 4,739 | 14% |

| Disbursements | 4,982 | 4,560 | 9% |

| Outstanding Loan Book | 43,539 | 39,657 | 10% |

| Net Interest Income | 859 | 767 | 12% |

| Operating Profit | 706 | 639 | 10% |

| ECL Provision | 20 | 29 | -31% |

| Profit Before Tax | 686 | 609 | 13% |

| Profit After Tax | 542 | 475 | 14% |

Key Financial Ratios - Q2FY27

| Ratio | Sept'26 | Sept'25 | Jun'26 |

| Return on Avg. Assets (%) | 2.42% | 2.46% | 2.39% |

| Return on Avg. Equity (%) | 17.12% | 18.41% | 17.15% |

| Earnings Per Share (`) | 20.62 | 18.88 | 20.12 |

| Net Interest Margin (%) | 3.89% | 4.02% | 3.81% |

| Yield on Loan Portfolio (%) | 9.84% | 10.08% | 9.81% |

| Cost of Borrowing (%) | 7.03% | 7.17% | 6.98% |

| Spread (%) | 2.81% | 2.91% | 2.83% |

| Avg. Business Per Branch (` Crore) | 159 | 160 | 172 |

| Avg. Business per Employee (` Crore) | 29 | 30 | 31 |

| Cost Income Ratio (%) | 19.59% | 18.55% | 19.52% |

| Debt Equity Ratio | 6.09 | 6.61 | 6.18 |

Credit Ratings

  • Term Loans (Long Term Loan): AAA/Stable
  • Term Loans (Short Term Loan): AAA/Stable
  • NHB Borrowings: AAA/Stable
  • Commercial Papers (CPs): A1+
  • Non-Convertible Debentures (NCDs): AAA/Stable
  • Public Deposits: AAA/Stable

Portfolio Composition

Category-Wise Product-Wise Distribution of Loan Book (` in Crore)

| Category | Sep-26 | % of Total |

| Salaried & Professionals | 29,224 | 67% |

| Non-Salaried Class | 14,279 | 33% |

| Staff Loans | 36 | 0.08% |

| Grand Total | 43,539 | 100% |

Product Wise AUM Mix: Housing (74.8%), LAP and Mort (8.7%), CRE (1.4%), Top-up (4.3%), Others (10.8%)

Funding Mix

Borrowings Composition (` In Crore as of Q2 FY27):

  • NCD: ₹5,624.59
  • CP: ₹2,472.52
  • Deposit: ₹238.70
  • NHB: ₹5,568.11
  • Bank borrowings:
  • Repo linked: ₹15,537.44
  • Special Rate: ₹6,464.76
  • T bill linked: ₹1,774.90
  • Gsec linked: ₹1,396.80
  • Total Borrowings: ₹39,077.81

Asset-Liability Mix:

  • Fixed Assets: ₹0.22 crore
  • Floating Assets: ₹43,627.95 crore
  • Fixed Liabilities: ₹8,035.45 crore
  • Floating Liabilities: ₹31,042.37 crore

Digital Transformation - Project Tejas

Completed ₹297 crore, seven-year enterprise digital transformation program. Key implementations:

Functional Applications:

  • Risk Mgmt. & ALM (Knight FinTech) - Q2 FY26
  • Treasury (Knight FinTech) - Q2 FY26
  • Finance & Accounting - Sprint 1 (Infor India) - Q2 FY26
  • HRMS (Workline) - Q3 FY26
  • Aadhaar Data Vault (Trustt) - Q3 FY26
  • Document Management System (Newgen) - Q3 FY26
  • Finance & Accounting - Sprint 2 (Infor India) - Q4 FY26
  • Deposits (Kiya) - Q4 FY26
  • Reports (Shephertz) - Q2 FY27
  • Loan Origination System (Pennant Technologies) - Q2 FY27
  • Loan Management System (Pennant Technologies) - Q2 FY27

Infrastructure:

  • Cloud Setup (Amazon Web Services) - Q2 FY26
  • Active Directory Setup (AWS & Microsoft) - Q2 FY26
  • Mailing and Collaboration (Microsoft) - Q2 FY26
  • SD-WAN (Fortinet) - Q2 FY26
  • Network Operations Centre (MotaData) - Q3 FY26
  • Security Operations Centre (DNIF) - Q3 FY26
  • IT Service Management (MotaData) - Q3 FY26

Implementation Partners: IBM (System Integrator), PwC (Consulting Services), KPMG (Implementation Support)

Branch Expansion

Total 274 branches across India. New branches opened after March 2023: 86 branches

Zone-wise expansion:

  • North: 23 new branches (total 50)
  • West: 21 new branches (total 59)
  • East: 16 new branches (total 42)
  • Karnataka: 3 new branches (total 45)
  • Tamil Nadu: 17 new branches (total 53)
  • Telangana: 6 new branches (total 25)

Asset Quality

NPA and Provisioning (` in Crore as on 30 Sept 2026):

  • Gross NPA: ₹392 (0.90%)
  • Net NPA: ₹185 (0.42% excluding management overlay)
  • Total Provision: ₹526
  • PCR with Management Overlay: 68%

Provision Coverage:

  • ECL Provision (Stage 3): ₹207 (53% of GNPA)
  • Management Overlay: ₹59
  • Provision for Restructured Pool: ₹40
  • Provision for Std Asset and Undisbursed Loan commitment: ₹219

Delinquency Movement:

  • Total Delinquency: ₹3,661 crore (8.41% of outstanding)
  • Quarterly trend: ₹3,802 (Sep-25), ₹3,618 (Dec-25), ₹3,375 (Mar-26), ₹3,442 (Jun-26), ₹3,661 (Sep-26)

ESG Initiatives

Environmental:

  • 25-kW rooftop solar system at registered office (generated 8,140 kWh in FY25-26)
  • Rooftop Solar Loan Scheme for customers
  • Recycled 0.88 tonnes of e-waste through authorized vendor
  • LED lighting across all offices, solar-backed UPS at registered office and 16 branches
  • Motion-sensor lighting systems at registered office
  • Climate risk assessment conducted
  • Phased out old high-emission two-wheelers
  • Waste segregation bins, recycled 0.40 tonnes paper waste (30% of total consumption)
  • Minimizing single-use plastic consumption
  • Rainwater harvesting system and water-efficient taps at registered office

Social:

  • Blood Donation Camp at registered office
  • Weekly ESG awareness quiz for employees
  • ESG awareness posters circulation
  • Badminton Tournament for employee wellness
  • "State Spotlight Many States, One India" cultural diversity campaign
  • Preventive health check-ups for employees aged 40+
  • Health & Wellness awareness sessions
  • Female employees increased from 315 to 336 (6.67% increase)
  • 89% workforce trained in FY25-26, zero complaints on harassment/discrimination
  • QR code-based customer feedback mechanism
  • Customer Meet programmes nationwide
  • Can Fin Vishwas housing loan product for marginalized groups
  • "PMAY Lantern Nights" community outreach
  • Comprehensive Data Privacy and Cyber Security Policy
  • Regular fire drill demonstrations

Governance:

  • Project Tejas digital transformation program
  • Strengthened cybersecurity framework
  • Robust risk management framework and internal financial controls
  • ESG Sub-Committee constituted for sustainability oversight

ESG Ratings:

  • Niche Ninety-Nine: 75 (Leader)
  • NSE Sustainability: 72 (Leader)
  • CRISIL ESG: 69 (Strong)
  • ESG Risk Assessments: 70 (Strong)
  • SES ESG: 77.50 (B+ Medium)

CSR Initiatives

  • Organic Waste Composting and Biogas Systems at three residential schools in Doddaballapur (benefitting 910 students)
  • Sponsored multi-purpose sports courts in Indore at two government institutions (benefitting 2,400 students)
  • CSR Excellence Award from Governor of Telangana for solar infrastructure at Hyderabad Blood Centre
  • Sponsored play arena at Spastic Society of Karnataka, Bengaluru
  • Provided hearing aids to 150 hearing-impaired students across five Government residential schools in Mysore

Shareholding Pattern (as on 30.09.2026)

  • Promoter: 29.99%
  • Mutual Funds: 14.99%
  • Individual: 21.68%
  • Foreign Corporate Bodies: 12.51%
  • Bodies Corporate: 10.19%
  • Others: 10.64%

Forward-Looking Statements

The presentation contains forward-looking statements involving known and unknown risks, uncertainties related to future changes, competitive environment, strategy implementation, technological changes, political, economic, regulatory and social conditions in India.