VMPL
Gurugram (Haryana), [India], May 10: During their meeting today, the Board of Directors of India Shelter Finance Corporation ratified the audited financial outcomes for both the quarter and fiscal year concluding on March 31, 2025.
Rupinder Singh, the MD and CEO of India Shelter Finance Corporation, commented on their performance saying: “We are delighted to announce another quarter and fiscal year marked by steady progress. Our commitment to maintaining resilience and executing our plans with discipline has resulted in robust financial and operational outcomes.”
The demand for affordable housing financing is rapidly increasing in Tier II, Tier III cities, and various quickly expanding smaller markets. Capitalizing on this trend, with extensive market presence, a robust branch-driven distribution strategy, and a
digital-first engagement
In our approach, we are addressing credit deficiencies and helping families achieve their goals.
homeownership dreams
.
In fiscal year 25, we expanded our operations and extended our distribution network by establishing 43 additional branches nationwide, bringing our total number of branches to 266 as of the end of FY25. This expansion was accompanied by a Year-over-Year (YoY) Asset Under Management (AUM) growth of 35% to Rs. 8,189 Crores, bolstered by a YoY loan disbursal growth of 25% to Rs. 933 Crores. Profitability remained robust, with profit after tax (PAT) climbing to Rs. 108 Crores for the quarter—a rise of 39% compared to the previous year at the same time.
Our financial performance indicators showed positive trends; specifically, Return on Assets (RoA) increased to 5.8%, marking the highest level since our Initial Public Offering (IPO) in December ’23, along with Return on Equity (RoE) hitting 16.3%. Additionally, we achieved a reduction in cost of funds by 10 basis points down to 8.7%, coupled with improved margins leading to higher spreads at 6.2%, thus securing ongoing profitability.
In our dedication to sustainable finance, we’ve launched new initiatives.
ESG Policy
By implementing this policy, we aim to secure a sustainable future for our stakeholders and coming generations.
Profitability:
* Net profit increased by 38% year over year to reach Rs. 108 Crore in the fourth quarter of FY25.
* Return on assets enhanced to 5.8% in the fourth quarter of FY25
* Return on equity increased to 16.3% in the fourth quarter of fiscal year 25.
Borrowings & Liquidity:
* As of March ’25, the net worth stands at Rs. 2,709 Crores. The firm still maintains a liquidity position of Rs. 1,480 Crores as of March ’25.
* In Q4 FY25, the cost of funds decreased by 10 basis points to 8.7%.
Asset Quality & Provisions:
* As of March ’25, Gross Stage 3 stood at 1.0%, while Net Stage 3 was at 0.8%.
* As of March ’25, DPD for those aged 30 and above was 3.1%.
The credit cost for the quarter was reported at 0.2%.
Regarding the India Shelter Finance Corporation:
India Shelter offers accessible home loans and property-backed financing in tier two and three regions across India. They specialize in providing mortgage solutions for individuals from lower-to-middle income brackets who are constructing or purchasing their primary residences for the first time. With a robust nationwide presence spanning 15 states through 266 branch locations, they maintain a well-diversified lending book. Their leadership comprises seasoned professionals supported by prominent investment backers.
Disclaimer:
The company’s projections about its future performance and financial success come with several risks and uncertainties, which may cause significant discrepancies between forecasts and reality. These potential disparities stem from various factors including fluctuating profits, managing expansion effectively, facing local and global competitors, varying levels of economic development both within India and internationally, attracting top talent, project delays leading to budget overruns, changes in governmental rules and taxes, as well as broader economic conditions affecting interest rates and fiscal expenses.
It should be noted that the company will neither issue updates nor provide announcements for any inaccuracies in their forward-looking predictions, even when they deviate considerably from subsequent outcomes.
To get more details, kindly reach out.
Mebin Mathew | 98995 48502 |
[email protected]
Shruti Singh |8076148496 |
[email protected]
Khushi Singh | 870-989-7315 |
[email protected]
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