India Shelter Reports Strong FY26 Growth

05 May 2026 CW Team

The board of India Shelter Finance Corporation Limited (India Shelter) approved audited results for the quarter and financial year ended 31 March 2026, reporting a year-on-year gross assets under management of Rs. 110.44 bn, a rise of 29 per cent. For the year India Shelter reported profit after tax of Rs. 5.03 bn, up 33 per cent year on year, while return on assets for quarter four stood at 5.9 per cent and return on equity at 17.6 per cent.

In quarter four the company recorded gross assets under management of Rs. 110.44 bn and disbursements of Rs. 10.40 bn. India Shelter added six new branches in the quarter and forty one branches in the year, in line with a stated expansion plan of adding forty to forty five branches annually, and total employee strength reached 4,800.

Asset quality showed improvement with over thirty days past due easing by one hundred basis points quarter on quarter to four per cent, gross stage three at 1.2 per cent and net stage three at 0.9 per cent. Profit after tax for quarter four was Rs. 1.38 bn, a year-on-year increase of 27 per cent and a quarter-on-quarter rise of 11 per cent, while net worth stood at Rs. 31.98 bn.

Liquidity and funding remained robust with available liquidity of Rs. 20.28 bn as of March 2026 and cost of funds improving by ten basis points quarter on quarter and fifty basis points year on year to 8.2 per cent, with spreads stable at 6.6 per cent. The board recommended a final dividend of Rs. 10 per share, amounting to two hundred per cent of face value. India Shelter continues to focus on providing affordable home loans and loan against property in tier two and tier three geographies through a pan-India network spanning fifteen states and 307 branches.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..