India Shelter Finance Q1FY27 Results
The Board of Directors approved the unaudited financial results for the quarter ended 30 June 2026 (Q1FY27). Gross Assets Under Management (AUM) stood at ₹11,284 crore, a 24 % year‑on‑year increase from ₹9,120 crore in Q1FY26 and a 2 % sequential rise from ₹11,044 crore in Q4FY26. Disbursements recorded for the quarter were ₹641 crore, down from ₹887 crore in Q1FY26 and ₹1,040 crore in Q4FY26; the company transitioned to recognizing disbursements on cheque realization rather than cheque handover, a one‑time accounting change that shifted a portion of disbursement recognition across periods. Disbursement at clearance for Q1FY27 amounted to ₹1,046 crore.
Operating metrics showed a spread of 6.6 %, unchanged from Q4FY26 and up from 6.4 % in Q1FY26. Operating expenses as a percentage of gross AUM were 4.0 %, marginally lower than 4.1 % in Q1FY26 and slightly higher than 3.9 % in Q4FY26. Profit after tax (PAT) reached ₹143 crore, reflecting a 20 % YoY growth from ₹119 crore in Q1FY26 and a 4 % QoQ increase from ₹138 crore in Q4FY26. Return on Assets (RoA) was 5.8 %, versus 6.0 % in Q1FY26 and 5.9 % in Q4FY26, while Return on Equity (RoE) stood at 17.5 %, compared with 17.2 % in Q1FY26 and 17.6 % in Q4FY26.
Asset quality remained stable, with gross Stage‑3 assets at 1.5 % of AUM, up from 1.2 % in both Q1FY26 and Q4FY26; net Stage‑3 assets were 1.2 % as of June 2026. The company’s networth was ₹3,352 crore, and liquidity amounted to ₹2,423 crore at the end of June 2026. Cost of funds remained stable at 8.2 % during the quarter.
Mr. Rupinder Singh, Managing Director and CEO, commented that FY27 began on a steady note with AUM growth of 24 % YoY. He highlighted the one‑time impact of the accounting transition to cheque‑realization recognition, noting that it temporarily affected reported disbursements. He reiterated the profitability metrics—PAT of ₹143 crore, RoE of 17.5 %—and affirmed the company’s strong networth and liquidity position.
About India Shelter Finance Corporation: The firm provides affordable home loans and loan‑against‑property products to low‑ and middle‑income customers in Tier 2 and Tier 3 geographies across India. It operates a pan‑India network covering 15 states through 307 branches, maintains a granular portfolio, and is led by an experienced professional management team backed by marquee investors.