Can Fin Homes Reports Quarterly and Annual Results
Real Estate

Can Fin Homes Reports Quarterly and Annual Results

The board of Can Fin Homes (CFHL) approved financial results for the quarter and year ended 31 March 2026. Net profit for the fourth quarter stood at Rs 3.46 bn compared to Rs 2.65 bn in the year ago quarter, an increase of 31 per cent. For the fiscal year, profit after tax was Rs 10.86 bn, up 27 per cent, while profit before tax reached Rs 13.03 bn, up 21 per cent.

Loan assets at 31 March 2026 were Rs 422.09 bn, recording a growth of 10 per cent year on year. Housing loans accounted for 72 per cent of the loan book, while non-housing loans, including commercial real estate, made up 28 per cent. The debt to equity ratio stood at six point four and return on equity was 23.12 per cent, while return on assets was three point two nine per cent. Net interest margin was four point one nine per cent, and spread was two point nine two per cent.

Loan disbursements for the 12 months ended 31 March 2026 were Rs 105.31 bn compared with Rs 85.68 bn in the previous year, reflecting a 23 per cent year-on-year increase. As required under Ind AS 109, the company has provided Rs 4.00 bn for expected credit losses. Total provisions carried were Rs 4.99 bn, including a management overlay of Rs 0.59 bn and Rs 0.40 bn for restructured accounts. These provisions form part of prudent credit risk management.

Liquidity coverage ratio stood at 563.50 per cent, and documented undrawn bank lines amounted to Rs 25.41 bn, which with internal accruals, will meet commitments for the next three months. Deposit balances were Rs 2.20 bn and the company is offering seven point five zero per cent on 36 months cumulative deposits with senior citizens receiving an additional zero point two five per cent. The fixed deposit programme retains an AAA rating with stable outlook, while short term borrowings carry an A1 plus rating. The retail network spans 249 branches across 21 states and union territories.

The board of Can Fin Homes (CFHL) approved financial results for the quarter and year ended 31 March 2026. Net profit for the fourth quarter stood at Rs 3.46 bn compared to Rs 2.65 bn in the year ago quarter, an increase of 31 per cent. For the fiscal year, profit after tax was Rs 10.86 bn, up 27 per cent, while profit before tax reached Rs 13.03 bn, up 21 per cent. Loan assets at 31 March 2026 were Rs 422.09 bn, recording a growth of 10 per cent year on year. Housing loans accounted for 72 per cent of the loan book, while non-housing loans, including commercial real estate, made up 28 per cent. The debt to equity ratio stood at six point four and return on equity was 23.12 per cent, while return on assets was three point two nine per cent. Net interest margin was four point one nine per cent, and spread was two point nine two per cent. Loan disbursements for the 12 months ended 31 March 2026 were Rs 105.31 bn compared with Rs 85.68 bn in the previous year, reflecting a 23 per cent year-on-year increase. As required under Ind AS 109, the company has provided Rs 4.00 bn for expected credit losses. Total provisions carried were Rs 4.99 bn, including a management overlay of Rs 0.59 bn and Rs 0.40 bn for restructured accounts. These provisions form part of prudent credit risk management. Liquidity coverage ratio stood at 563.50 per cent, and documented undrawn bank lines amounted to Rs 25.41 bn, which with internal accruals, will meet commitments for the next three months. Deposit balances were Rs 2.20 bn and the company is offering seven point five zero per cent on 36 months cumulative deposits with senior citizens receiving an additional zero point two five per cent. The fixed deposit programme retains an AAA rating with stable outlook, while short term borrowings carry an A1 plus rating. The retail network spans 249 branches across 21 states and union territories.

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