CIC Housing Finance pays ₹32.75 crore interest on NCD

CIC Housing Finance has successfully paid ₹32,751,370 as interest on its Non-Convertible Debentures (NCDs) listed on the BSE. The payment, which became due on June 10, 2026, was settled on the same day, confirming the company's compliance with its debt obligations. The interest pertains to NCDs identified by scrip code 977579, which have an issue size of ₹150,00,00,000.

The disclosure was submitted to the exchange under Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed entities to submit a certificate regarding the status of payment within one working day of the interest becoming due. The company confirmed that there was no delay in the payment, with the actual date of payment matching the due date.

The interest payment schedule indicates that June 10, 2026, marked the first coupon payment, while the final coupon payment is scheduled for June 10, 2027. The record date for determining eligibility for this interest payment was May 26, 2026. The specific NCD series carries the ISIN INE289B07131.

Details of Interest Payment

Sr. No.	Particulars	Details
1	ISIN	INE289B07131
2	Issue size (Rs.)	150,00,00,000/-
3	Interest Amount to be paid on due date (Rs.)	3,27,51,370/-
4	Frequency	First Coupon Payment on June 10, 2026 & Final Coupon Payment on June 10, 2027.
5	Change in frequency of payment (if any)	NA
6	Details of such change	NA
7	Interest payment record date	26/05/2026
8	Due date for interest payment (DD/MM/YYYY)	10/06/2026
9	Actual date for interest payment (DD/MM/YYYY)	10/06/2026
10	Amount of interest paid (Rs.)	3,27,51,370/-
11	Date of last interest payment	10/06/2026
12	Reason for non-payment/ delay in Payment	NA

The filing was signed by Raj Gor, Group Head & Company Secretary, on behalf of CIC Housing Finance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.13%	+4.28%	+1.66%	-4.53%	-21.15%	+7.55%

GIC Housing Finance has released its financial highlights for the year ended March 31, 2026. The company reported a net profit of ₹154 crore, a decrease of 4% compared to ₹160 crore in the previous year. Total income for the fiscal year stood at ₹1,083 crore, marginally lower than the ₹1,089 crore recorded in FY25. Profit before tax stood at ₹159 crore, down 23% year-on-year, partly due to the absence of an exceptional item of ₹13 crore that had boosted FY25 earnings.

Financial Performance Overview

The table below summarises the key income statement metrics for the year ended March 31, 2026:

Metric:	FY26 (₹ in Cr)	FY25 (₹ in Cr)	Change (%)
Interest Income:	1,063	1,049	1
Fees & Commission Income:	5	5	—
Other Income:	15	35	(57)
Total Income:	1,083	1,089	(1)
Interest Expenses:	687	703	(2)
Staff Expenses:	83	70	19
Other Expenses & Depn.:	85	80	6
Provision for NPA and others:	69	17	306
Total Expenses:	924	870	6
Profit before Exceptional Items & Tax:	159	219	(27)
Exceptional Item:	0	13	(100)
Profit Before Tax:	159	206	(23)
Provision for Tax & DTA/DTL:	4	46	(91)
Net Profit:	154	160	(4)

Operational Metrics and Asset Quality

The company's loan portfolio grew to ₹11,235 crore as of March 31, 2026, up 7% from ₹10,497 crore in the prior year. Sanctions increased by 32% to ₹2,527 crore, while disbursements rose 29% to ₹2,299 crore. The borrowing portfolio stood at ₹9,050 crore, up 4% from ₹8,727 crore. However, asset quality saw some stress, with Gross NPA rising to ₹445 crore (3.96%) from ₹318 crore (3.03%) a year ago. Net NPA portfolio improved to ₹177 crore (1.61%) from ₹203 crore (1.96%) in the previous year.

Parameter:	FY26	FY25	Change (%)
Loan Portfolio Gross (₹ Cr):	11,235	10,497	7
Borrowing Portfolio (₹ Cr):	9,050	8,727	4
Gross NPA (₹ Cr):	445	318	40
Gross NPA (%):	3.96	3.03	31
Net NPA Portfolio (₹ Cr):	177	203	(13)
Net NPA to Net Advances (%):	1.61	1.96	(18)

Key Ratios and Capital Adequacy

The Earnings Per Share (EPS) for the year declined to ₹28.69 from ₹29.74 in the previous year. The Net Interest Margin (NIM) improved to 3.41% from 3.28%. The company's networth stood at ₹2,106 crore, reflecting a 7% increase, with a book value per share of ₹391.01 compared to ₹364.78. The cost to income ratio rose to 59.93% from 43.14%, primarily due to higher NPA provisions; excluding NPA provisions, the ratio stood at 42.64% versus 38.86% previously. Return on networth declined to 7.34% from 8.14%, while return on total assets stood at 1.37% compared to 1.48%.

Ratio:	FY26	FY25	Change (%)
EPS (₹):	28.69	29.74	(4)
NIM (%):	3.41	3.28	4
Cost to Income Ratio (%):	59.93	43.14	39
Cost to Income (ex-NPA provision) (%):	42.64	38.86	10
Yield on Advances (%):	9.65	9.95	(3)
Cost of Borrowed Funds (%):	7.84	8.22	(5)
Debt Equity Ratio (Times):	4.30	4.44	(3)
Return on Networth (%):	7.34	8.14	(10)
Return on Total Assets (%):	1.37	1.48	(7)
Price Earning Ratio:	4.58	5.64	(19)
Book Value of Share (₹):	391.01	364.78	7
Net Profit Margin (%):	14.26	14.71	(3)

Credit Ratings

GIC Housing Finance continues to hold strong credit ratings from both ICRA and CRISIL, reflecting confidence in its long-term financial stability. The ratings are detailed below:

Instrument:	ICRA Rating	CRISIL Rating
Short Term Loan of ₹1,000 Cr:	[ICRA] A1+	CRISIL A1+
Commercial Paper of ₹1,500 Cr:	[ICRA] A1+	CRISIL A1+
Long Term Loan (ICRA ₹9,000 Cr / CRISIL ₹8,100 Cr):	[ICRA] AA+(Stable)	CRISIL AA+ Stable
Non Convertible Debentures of ₹1,530 Cr:	[ICRA] AA+(Stable)	CRISIL AA+ Stable