News Earnings India Shelter Finance Corporation Reports Strong Q3FY26 Performance with 31% Asset GrowthIndia Shelter Finance Corporation Reports Strong Q3FY26 Performance with 31% Asset Growth
India Shelter Finance Corporation delivered robust Q3FY26 performance with Gross Managed Assets growing 31% to ₹10,365 crores and PAT increasing 29% to ₹123.94 crores. The Board approved significant corporate actions including ₹1,000 crore NCD issuance and reclassification of 18 promoter entities to public category.
*this image is generated using AI for illustrative purposes only.
India Shelter Finance Corporation Limited has delivered impressive financial results for the third quarter of FY26, showcasing robust growth across key performance metrics. The Board of Directors approved the quarterly results at their meeting held on February 07, 2026, demonstrating exceptional operational performance with Gross Managed Assets reaching ₹10,365 crores.
Strong Financial Performance in Q3FY26
The company demonstrated exceptional operational performance during the quarter ended December 31, 2025. Key financial highlights showcase significant year-over-year growth:
| Metric: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Gross Managed Assets: | ₹10,365 crores | ₹7,888 crores | +31% |
| PAT: | ₹123.94 crores | ₹95.93 crores | +29% |
| Disbursements: | ₹977 crores | ₹879 crores | +11% |
| RoE: | 17.1% | 15.1% | - |
| RoA: | 5.8% | 5.5% | - |
The company's nine-month performance was equally impressive, with PAT for 9MFY26 reaching ₹365.00 crores compared to ₹269.13 crores in the corresponding period of the previous year, representing a 36% year-over-year growth.
Business Growth and Operational Metrics
India Shelter Finance achieved significant business milestones during Q3FY26, maintaining its strong market position in affordable housing finance:
| Business Parameter: | Q3FY26 Performance |
|---|---|
| Geographic Presence: | 301 branches |
| New Branches Added (Quarter): | 2 |
| New Branches Added (YTD): | 35 |
| Total Employee Strength: | 4,669 employees |
| Spread: | 6.6% |
| Opex/GMA: | 4.0% |
According to Managing Director and CEO Mr. Rupinder Singh, the company delivered sustained performance with annual growth remaining robust across all key metrics.
Board Approvals and Corporate Actions
The Board of Directors approved several significant corporate actions during their meeting on February 07, 2026:
| Corporate Action: | Details |
|---|---|
| NCD Issuance: | Up to ₹1,000 crores through private/public placement |
| Promoter Reclassification: | 18 promoter/promoter group entities to public category |
| Financial Results: | Q3FY26 standalone and consolidated results approved |
| Security Cover: | 110% maintained on secured NCDs |
The company raised ₹150 crores through Non-Convertible Debentures in November 2025, which were fully utilized for onward lending during the quarter.
Asset Quality and Risk Management
India Shelter Finance maintained healthy asset quality metrics during the quarter:
| Asset Quality Metrics: | Q3FY26 | Q3FY25 |
|---|---|---|
| Gross Stage 3: | 1.54% | 1.20% |
| Net Stage 3: | 1.16% | - |
| Provision Coverage Ratio: | 24.86% | - |
| Net Worth: | ₹3,045.46 crores | - |
| Debt-Equity Ratio: | 1.85 times | - |
The company continues to focus on its core market of Tier 2 and 3 geographies, providing affordable home loans to customers from low and middle-income segments building or buying their first homes.
Strategic Positioning
The company operates through a Pan-India network spanning 15 states via 301 branches, maintaining a granular portfolio in the affordable housing finance segment. India Shelter Finance is managed by an experienced professional team backed by marquee investors, positioning it well for continued growth in the housing finance sector.
Source:
Historical Stock Returns for India Shelter Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.92% | +1.82% | -3.27% | -14.39% | +17.95% | +45.13% |
19
