SRG Housing Finance Limited has successfully raised INR 26 crores through the allotment of non-convertible debentures (NCDs) in a private placement on October 24, 2025. This move demonstrates the company's ability to secure funding in the current market environment.

Key Details of the NCD Issuance

Security and Investors

The NCDs are secured by an exclusive charge over SRG Housing Finance's receivables portfolio, maintaining a minimum security cover of 1.1 times. This arrangement provides additional assurance to the investors regarding the company's commitment to meeting its financial obligations.

The private placement attracted four investors:

1. MUFIN Green Finance Limited
2. Anaaya Avinash Wadhwa
3. PH Financial and Investments Private Limited
4. Usha Parsram Wadhwa

The full subscription of the offering indicates investor confidence in SRG Housing Finance's financial stability and growth prospects.

Implications and Outlook

This successful NCD issuance may provide SRG Housing Finance with additional capital to support its operations and potential expansion plans. The 5.5-year tenure of the debentures suggests a long-term funding strategy, which could allow the company to plan and execute its business objectives with greater financial flexibility.

For investors, the 11.52% annual interest rate with monthly coupon payments offers an attractive fixed-income opportunity in the current market. The listing of these NCDs on the BSE Limited is expected to provide liquidity to the investors, subject to market conditions.

As the housing finance sector continues to evolve, SRG Housing Finance's ability to secure funding through various instruments may be crucial for its competitive positioning and growth strategies in the coming years.

SRG Housing Finance Limited (SRGHFL) has announced its financial results for the first quarter, showcasing robust growth in both revenue and profitability.

Financial Highlights

Revenue Growth

The company reported a significant increase in its Q1 revenue, which rose to ₹371 million from ₹310 million in the same period last year, marking a strong 19.7% year-over-year growth. This growth reflects the company's expanding operations and market presence in the housing finance sector.

Profit Performance

SRG Housing Finance's net profit for Q1 reached ₹68 million, up from ₹59 million in the corresponding quarter of the previous year, representing a 15.3% increase. This improvement in profitability demonstrates the company's effective cost management and operational efficiency.

Detailed Financial Results

According to the un-audited financial results released by the company:

• Total revenue from operations stood at ₹417.18 crore for Q1.
• Interest income, a key component of revenue, was ₹371.31 crore.
• The company's profit before tax for the quarter was ₹78.49 crore.
• Basic Earnings Per Share (EPS) for the quarter was reported at ₹4.33.

Management Commentary

Vinod K. Jain, Managing Director of SRG Housing Finance Limited, stated, "Our Q1 results demonstrate the company's resilience and growth potential in the housing finance sector. The significant increase in revenue and profitability reflects our strong market position and operational efficiency."

Corporate Actions

During the quarter, SRG Housing Finance allotted 4,600 equity shares to employees under its Employee Stock Option Plan (ESOP) at a price of ₹200 per share, indicating the company's commitment to employee retention and alignment with shareholder interests.

Outlook

With a solid start to the fiscal year, SRG Housing Finance appears well-positioned to capitalize on the growing demand in the housing finance sector. The company's focus on operational efficiency and strategic growth initiatives is expected to drive continued performance in the coming quarters.

Investors and stakeholders will be keenly watching SRG Housing Finance's performance in subsequent quarters to gauge the sustainability of this growth trajectory in the competitive housing finance market.