Truhome Finance Targets 30% Growth by FY26

17 Jan 2025 CW Team

Truhome Finance, formerly known as Shriram Housing, is set to accelerate its business growth by 30% in FY26, backed by a significant capital infusion from its new owner, Warburg Pincus.

"We are optimistic about our growth trajectory for FY26, driven by strategic initiatives, customer-centric solutions, and an expanding market presence," Managing Director Ravi Subramanian told ET.

Warburg Pincus, which acquired the mortgage lender from Shriram Capital and Valiant Capital Management for $558 million, injected $144 million into the company last month—20% more than initially committed. The U.S.-based private equity firm remains bullish on India's housing finance market, pledging additional funds as required.

Truhome Finance reported assets under management (AUM) of $1.83 billion at the end of September, reflecting a 10.7% growth since March. The company achieved a 52% compound annual growth rate (CAGR) in AUM over the last three years, growing from $472 million in March 2021 to $1.65 billion in March 2024. Its gross non-performing assets (NPA) ratio stood at a low 1.03% in March.

“Our ultimate aim is to establish Truhome Finance as the No. 1 affordable housing finance company within the next 3-4 years, driven by our commitment to innovation, customer-centricity, and financial inclusion,” Subramanian added.

With leverage maintained at 4-4.25 times and strategic growth plans, Truhome Finance aims to sustain a 30% growth rate over the next 5-7 years. The rebranded entity is poised to lead India's affordable housing finance sector, capitalizing on a robust market outlook and financial support from Warburg Pincus.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..