Repco Home Finance has redeemed Commercial Papers worth Rs 100 crore on the maturity date of June 5, 2026. The unlisted papers, bearing ISIN INE612J14570, were paid in full to the holders, settling the obligation completely.

The company confirmed that the maturity proceeds were duly paid, resulting in the full redemption of the said Commercial Papers. This disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited for their records.

The following table details the redemption:

Ankush Tiwari, Company Secretary & Compliance Officer, signed the communication confirming the transaction.

Repco Home Finance reported a net profit of ₹453 crore for the financial year ended March 31, 2026, compared to ₹449 crore in the previous year. The company achieved its highest annual disbursement of ₹4148 crore, a 26% increase from ₹3284 crore in FY25. For the quarter ended March 2026, disbursements reached ₹1186 crore, the highest quarterly figure in the company's history. The board has declared a total dividend of 75% for FY26, comprising 45% interim and 30% final dividend, subject to shareholder approval.

Financial Performance

The total loan book stood at ₹15,880 crore as of March 31, 2026, growing 9.6% from ₹14,496 crore in the previous year. The net interest margin (NIM) improved to 5.38% from 5.15%, while the return on assets (ROA) stood at 3%. The yield on advances was 11.9%, and the cost of funds was 8.56%, resulting in a spread of 3%. The company noted that one-off expenses, including a change in the interest calculation method and increased CSR spending, impacted profitability by approximately ₹46 crore.

Asset Quality and Outlook

Asset quality improved significantly, with gross non-performing assets (GNPA) reducing to 2.55% from 3.26% in the previous year. Net NPAs stood at ₹405 crore, down from ₹475 crore. Stage 2 assets also decreased to ₹1115 crore from ₹1410 crore. The management targets a disbursement of ₹5000 crore and an assets under management (AUM) of ₹18,000 crore for FY27. The National Housing Bank has sanctioned a ₹600 crore refinance facility, which is expected to reduce the cost of funds by 10-15 basis points.