SRG Housing Finance Q4 FY26: PAT surges 50% to ₹9 Cr, NII up 33%
SRG Housing Finance reported Q4 FY26 PAT of ₹9 Cr (up 50% YoY) and NII of ₹28 Cr (up 33% YoY). FY26 PAT grew 33% to ₹32.49 Cr, with AUM reaching ₹1042 Cr (up 37% YoY). Disbursements were ₹443.54 Cr (up 45% YoY). The company plans expansion into Tamil Nadu and Telangana and targets ₹600 Cr disbursements for the current year.
The announcement includes detailed financial results for the quarter and full year, significant year-on-year growth figures, and clear future expansion and financial targets. This information is highly material for investors and analysts.
The company reported strong year-on-year growth in both profit after tax and net interest income for the quarter and the full financial year. Key operational metrics like AUM, disbursements, and asset quality also showed positive trends. The management expressed optimism about future growth and expansion plans.
SRG Housing Finance Limited (SRGHFL) has announced the transcript of its Earnings Conference Call for the Quarter and Financial Year ended March 31, 2026, which was held on May 12, 2026.
The company, a pioneer housing finance company in Rajasthan, primarily serves rural and semi-urban areas, focusing on the affordable housing segment. SRGHFL has a strong expertise in underwriting, local market understanding, and disciplined risk management, particularly for self-employed customers. It operates in six states and one union territory with 96 branches and over 980 employees, serving more than 25,000 customers.
During the 4th Quarter of FY26, SRGHFL reported a Profit After Tax (PAT) of ₹9 crore, a significant 50% year-on-year growth. Net Interest Income (NII) for the quarter stood at approximately ₹28 crore, marking a 33% year-on-year increase, with a Net Interest Margin (NIM) of 11.28%.
For the full financial year 2026, the company's PAT grew by 33% year-on-year to around ₹32.49 crore, while NII increased by 31% to ₹98.26 crore. The Assets Under Management (AUM) reached ₹1042 crore as of FY26, a 37% year-on-year growth. Disbursements for the year saw a 45% year-on-year rise to ₹443.54 crore.
Operationally, AUM per branch increased to ₹10.86 crore and AUM per employee improved to ₹1.05 crore in Q4 FY26 compared to the previous year. The average ticket size grew by 41% to ₹15.44 lakh. The Gross Non-Performing Asset (GNPA) ratio improved to 1.77% from 1.84% year-on-year, with Net Non-Performing Asset (NNPA) at 0.65%. The Capital Adequacy Ratio (CAR) remained strong at 38.62%.
The company plans to expand into Tamil Nadu and Telangana by the end of the current year, aiming for 10-15 new branches in these regions. Disbursement targets for the current year are set at approximately ₹600 crore, with an AUM projection of ₹1300-₹1400 crore, potentially reaching ₹1500 crore. The cost of borrowing is expected to decline gradually over the next one to two years from 10.88% to around 10.70%. The company is also considering raising additional equity in Q4 of the current year or Q1/Q2 of the next year if leverage crosses the 5x-6x range.
Management expressed optimism about future growth, citing the underserved nature of the rural and semi-urban markets, a strong underwriting model, and a scalable operational framework. They highlighted that macro-economic uncertainties are not significantly impacting their target customer segment.
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SRG Housing Finance Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by SRG Housing Finance Limited. Read the original for the full detail.