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Earnings Call Transcript

India Shelter Finance Corporation Earnings Call Transcript: Key Takeaways

India Shelter reported 23% YoY PAT growth to ₹143 Cr for Q1FY27. Management transitioned to check-realization disbursement accounting, impacting reported growth while maintaining healthy spreads of 6% and ROE of 17.5%.

Guidance and delivery
Management target Revenue 30.0% FY27
Highlights
Revenue growthAUM growth guided at 25-30% for FY27.
MarginsSpreads stable at 6%; portfolio yield at 14.8%.
Demand visibilityStrong login and sanction pipeline cited by management.
Management confidenceHigh; July disbursements showed strong recovery at ₹400 Cr.

Growth

Gross AUM grew 24% YoY to ₹11,284 Cr. PAT grew 23% YoY to ₹143 Cr. Net worth stands at ₹3,353 Cr.

Outlook

FY27 guidance reiterated: loan growth of 25-30%, 40-45 branch additions, and credit costs between 40-50bps.

Risks

Stage 3 assets increased to 1.5% due to seasonal factors and stress in self-employed/lower ticket-size cohorts.

Last quarter's promises, checked

Delivered

  • Guided 40-45 branch additions → delivered 41 (= BEAT)
  • Guided spreads > 6% → delivered 6% (= BEAT)
  • Guided ROE > 17% → delivered 17.5% (= BEAT)

Partly delivered

  • Guided disbursement growth > 20% → delivered 11% in Q4 (Partial recovery in July) (= PARTIAL)

Missed

  • Guided AUM growth 25-30% → delivered 24% (= MISS)
  • Guided credit cost 40-50bps → delivered Stage 3 at 1.5% (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: INDIASHLTR. Summary written with AI assistance from the document.

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India Shelter Finance Corporation Ltd: key numbers

Share price
₹654.30
Market cap
₹7,145 Cr
Revenue (annual)
₹1,530 Cr
Net profit (annual)
₹505.1 Cr
P/E (TTM)
13.5×Sector 22.0×
Promoter holding
46.05%-1.49% QoQ
FII holding
6.86%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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