GIC Housing Finance H1 FY27 Profit Up 18%

Date: November 13, 2026

Income Statement (₹ crore):

Sanctions: ₹973 crore (decreased 14% from ₹1,134 crore in H1 FY26)
Disbursements: ₹939 crore (decreased 8% from ₹1,023 crore in H1 FY26)
Interest Income: ₹534 crore (increased 1% from ₹527 crore in H1 FY26)
Fees & Commission Income: ₹3 crore (unchanged from H1 FY26)
Other Income: ₹8 crore (increased 14% from ₹7 crore in H1 FY26)
Total Income: ₹545 crore (increased 1% from ₹537 crore in H1 FY26)

Expenses (₹ crore):

Interest Expenses: ₹349 crore (increased 1% from ₹346 crore in H1 FY26)
Staff Expenses: ₹44 crore (increased 16% from ₹38 crore in H1 FY26)
Other Expenses & Depreciation: ₹48 crore (increased 33% from ₹36 crore in H1 FY26)
Provision for NPA and others: ₹15 crore (decreased 80% from ₹76 crore in H1 FY26)
Total Expenses: ₹456 crore (decreased 8% from ₹496 crore in H1 FY26)

Profitability (₹ crore):

Profit before Tax: ₹89 crore (increased 117% from ₹41 crore in H1 FY26)
Provision for Tax & DTA/DTL: ₹22 crore (increased 238% from -₹16 crore in H1 FY26)
Profit after Tax after DTA/DTL: ₹67 crore (increased 18% from ₹57 crore in H1 FY26)

Loan Portfolio Gross: ₹11,261 crore (increased 4% from ₹10,870 crore as of September 30, 2025)
Borrowing Portfolio: ₹9,117 crore (increased 1% from ₹8,999 crore as of September 30, 2025)
Share Capital: ₹54 crore (unchanged from September 30, 2025)
Networth: ₹2,150 crore (increased 8% from ₹1,998 crore as of September 30, 2025)

Gross NPA Portfolio: ₹514 crore (increased 5% from ₹491 crore as of September 30, 2025)
Gross NPA %: 4.57% (increased 1% from 4.52% as of September 30, 2025)
Net NPA Portfolio: ₹238 crore (increased 13% from ₹211 crore as of September 30, 2025)
Net NPA to Net Advances %: 2.16% (increased 9% from 1.99% as of September 30, 2025)

Net Interest Margin % (NIM): 3.26% (decreased 2% from 3.32% in H1 FY26)
Earning Per Share: ₹12.49 (increased 17% from ₹10.64 in H1 FY26)
Cost to Income Ratio: 54.32% (decreased 31% from 78.72% in H1 FY26)
Cost to Income Ratio (without NPA provision): 46.46% (increased 19% from 38.92% in H1 FY26)
Yield On Advances: 9.34% (decreased 4% from 9.72% in H1 FY26)
Cost of Borrowed Funds %: 7.64% (decreased 4% from 7.97% in H1 FY26)
Debt Equity Ratio (Times): 4.24 (decreased 6% from 4.50 in H1 FY26)
Return on Net worth: 3.13% (increased 9% from 2.87% in H1 FY26)
Return on Total Assets (%): 0.59% (increased 13% from 0.52% in H1 FY26)
Price Earning Ratio: 10.75 (decreased 34% from 16.35 in H1 FY26)
Book Value of Share: ₹399.22 (increased 8% from ₹370.94 in H1 FY26)
Total debts to total assets(%): 80.00% (decreased 1% from 81.20% in H1 FY26)
Net Profit Margin (%): 12.35% (increased 16% from 10.67% in H1 FY26)

ICRA Ratings:

CRISIL Ratings: