SRG Housing Finance paid interest and executed a partial redemption on its secured Non-Convertible Debentures (NCDs) on July 29, 2026. The company disbursed Rs 39,60,377.49 as interest, after deducting tax at source, while redeeming a principal amount of Rs 75,75,757.57. These transactions bring the outstanding NCD balance to Rs 41,66,66,666.67. The timely payments confirm the firm’s adherence to its monthly repayment schedule for the instrument carrying ISIN INE559N07058.

The disclosures were made in compliance with Regulations 30 and 57(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Divya Kothari, Company Secretary, signed the intimation submitted to BSE Limited. The filing references SEBI Master Circular Ref. No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2024/48 dated May 21, 2024.

Interest Payment Details

The interest payment was due on July 29, 2026, with a record date of July 14, 2026. The gross interest amount payable was Rs 40,16,936.49. After withholding tax, the net amount credited to investors was Rs 39,60,377.49. This follows the previous interest payment made on June 29, 2026. There were no delays or changes in the payment frequency.

Redemption Status

The company undertook a partial redemption of the NCDs on a pro-rata basis. The redemption was categorized under "Others - Monthly Redemption." The face value of the redeemed debentures amounted to Rs 75,75,757.57. Following this reduction, the total outstanding nominal value of the NCDs stands at Rs 41,66,66,666.67.

Instrument Overview

The NCDs are rated, secured, listed, senior, transferable, redeemable, and fully paid-up. Each debenture has a face value of Rs 1,00,000. The initial issue size comprised 5,000 debentures with an aggregate nominal value of Rs 50,00,00,000, including a green shoe option of 1,500 debentures valued at Rs 15,00,00,000. Interest is paid monthly, as indicated in the filing.

What the Numbers Show

The consistent monthly redemption pattern suggests an amortizing debt structure rather than a bullet repayment model. The reduction in outstanding liability from the initial Rs 50 crore issue size to approximately Rs 41.67 crore indicates significant progress in deleveraging this specific tranche. The absence of any delay in payment or change in frequency underscores stable cash flow management for these obligations.

SRG Housing Finance reported Assets Under Management (AUM) of INR 1,042 Cr for the financial year ended March 31, 2026. The company's financial performance reflects a strong capital position with a Capital Adequacy Ratio of 38.62% and a Net Interest Margin (NIM) of 10.91%. Total disbursement for the year stood at INR 444 Cr, while the borrowing cost was recorded at 10.95%.

The company operates with a network of 96 branches across 7 states and union territories, serving over 25,000 customers. SRG Housing Finance's asset quality remains robust, with a Net Non-Performing Assets (NNPA) ratio of 0.65% and a long-term rating of "A-(Stable)" assigned by ACUITE. The Return on Average Equity (ROAE) for the period was 11.59%.

Financial and Operational Metrics

The company's liquidity position as of March 31, 2026, included a total of INR 144.7 Cr, comprising cash and bank balances, investments, and unutilized credit limits. The borrowing profile is diversified across 36 lenders, including public sector banks, private banks, and financial institutions. Key metrics for the period are summarised below:

Strategic Growth and Outlook

Management expects AUM to reach approximately INR 1,300–1,500 Cr by FY27, driven by targeted disbursements of around INR 600 Cr. The growth strategy focuses on deepening presence in Rajasthan and Gujarat while scaling operations in Karnataka and Andhra Pradesh. The company also aims to leverage technology initiatives under the SRG SRAJAN program to enhance underwriting efficiency, pursue lower-cost funding, and sustain portfolio quality.

The investor presentation, disseminated to the stock exchanges on July 07, 2026, confirms that the information is based on audited financial results and contains no unpublished price sensitive information.