India Shelter Finance Corporation Limited announced robust financial performance for both the fourth quarter and full financial year ended March 31, 2026, following a Board meeting held on May 02, 2026. The audited financial results were subsequently published in Business Standard (English and Hindi editions) on May 04, 2026, pursuant to Regulation 47 and 52(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company delivered strong growth across key parameters, with Q4 consolidated net profit reaching Rs 138.00 crores compared to Rs 108.00 crores in the same quarter last year, marking a 27.00% year-on-year increase.

Key Performance Highlights

The company demonstrated exceptional growth with gross Assets Under Management (AUM) reaching Rs 11,044.00 crores as of Q4FY26, representing a robust 29.00% year-on-year growth from Rs 8,535.00 crores in Q4FY25. Quarterly disbursements stood at Rs 1,040.00 crores, showing an 11.00% increase from Rs 933.00 crores in the corresponding quarter last year. The following table summarises key operational and financial metrics:

Detailed Financial Results

The audited financial statements provide a comprehensive view of the company's income and profitability across standalone and consolidated bases. Total Income from Operations on a standalone basis for Q4FY26 stood at Rs 41,064.84 lakhs, compared to Rs 32,698.59 lakhs in Q4FY25, while for the full year FY26, it reached Rs 1,52,999.29 lakhs against Rs 1,16,449.92 lakhs in FY25. On a consolidated basis, Q4FY26 Total Income from Operations was Rs 40,823.09 lakhs, and for FY26 it was Rs 1,52,839.20 lakhs.

Earnings Per Share

The company reported earnings per share (EPS) of face value Rs 5.00 per share for both standalone and consolidated results. On a consolidated basis for Q4FY26, basic EPS stood at Rs 12.66 and diluted EPS at Rs 12.31 (not annualised). For the full year FY26, consolidated basic EPS was Rs 46.46 and diluted EPS was Rs 44.96. Standalone EPS figures for Q4FY26 were Rs 12.89 (basic) and Rs 12.53 (diluted), with full-year FY26 standalone basic EPS at Rs 46.63 and diluted EPS at Rs 45.13.

*EPS for quarter not annualised.

Asset Quality Enhancement

The company demonstrated significant improvement in asset quality metrics during the fourth quarter. The gross Stage 3 ratio improved to 1.20% compared to 1.50% in the previous quarter, while the net Stage 3 ratio declined to 0.90%, reflecting enhanced portfolio management and collection efficiency. Additionally, the 30+ Days Past Due (DPD) metric improved by 100 basis points quarter-on-quarter to 4.00%.

Profitability and Operational Efficiency

For the full financial year FY26, the company reported exceptional growth with profit after tax increasing by 33.00% to Rs 503.00 crores from Rs 378.00 crores in the previous year. The company maintained healthy spreads at 6.60% for Q4FY26, while operational expenses as a percentage of gross AUM improved to 3.90% from 4.10% in Q4FY25. The cost of funds improved by 10 basis points quarter-on-quarter and 50 basis points year-on-year to 8.20%.

Balance Sheet Strength and Dividend Declaration

The company's financial position strengthened significantly with net worth growing to Rs 3,19,812.46 lakhs as of March 31, 2026. The debt-equity ratio stood at 1.95 for Q4FY26, with outstanding debt at Rs 6,24,603.69 lakhs. The company maintains strong liquidity of Rs 2,028.00 crores as of March 2026. The Board recommended a final dividend of Rs 10.00 per equity share, representing 200.00% of the face value of Rs 5.00, subject to shareholder approval at the Annual General Meeting.

Business Expansion and Investor Information

During Q4FY26, the company added 6 new branches, and for the full year, added 41 branches in line with its expansion strategy of adding 40-45 branches annually. Total employee strength as of Q4FY26 stood at 4,800 employees. Managing Director and CEO Rupinder Singh highlighted the company's consistent performance supported by healthy business momentum, improving asset quality, and continued strengthening of the franchise across its Pan-India network spanning 15 states through 307 branches. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.

The company has made available the audio recording of the earnings conference call held on the audited financial results for the quarter and financial year ended March 31, 2026. The recording can be accessed at https://www.indiashelter.in/investor-relations . Additionally, transcripts of the conference call will be made available on the company's website within five working days.

Earnings Conference Call Access

India Shelter Finance Corporation Limited has announced the grant of 2,84,700 stock options to eligible employees under its Employee Stock Option Scheme 2023 (ESOP 2023). The company's Nomination and Remuneration Committee approved this significant employee benefit initiative through a resolution passed in their meeting held on May 01, 2026.

Grant Details and Compliance

The stock options grant was made in accordance with the Employee Stock Option Scheme 2023, with each option having a face value of Rs. 5. The company has ensured full compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and the grant follows the pricing formula as defined in the ESOP Scheme 2023.

Regulatory Framework and Documentation

The grant was communicated to both BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company also ensured compliance with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The formal intimation was signed by Mukti Chaplot, Company Secretary and Compliance Officer (Mem. No. 38326), emphasizing the company's commitment to proper governance.

Detailed Grant Particulars

As per the regulatory annexure, the grant covers 2,84,700 equity shares under the ESOP 2023 framework. The exercise terms and pricing formula are defined within the scheme parameters, ensuring transparency and adherence to regulatory guidelines.

Exercise Terms and Future Implementation

The granted options provide employees with the flexibility to exercise them within 5 years and 3 months from the date of first vesting, as outlined in the ESOP 2023 scheme. This represents a fresh allocation under the company's employee incentive program, aimed at aligning employee interests with shareholder value creation. The scheme operates under the regulatory framework of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, ensuring proper governance and compliance standards.