GIC Housing Finance Reports Q1 Highlights: Sanctions Decline While Profitability Rises
GIC Housing Finance Limited has released its Financial Highlights for the quarter ended June 30, 2026. The company reported changes across various operational and profitability metrics compared to the previous year.The financial summary shows trends in lending activities, income streams, expenses management, and asset quality during the quarter.
Operational and Income Snapshot (in Crore)
GIC Housing Finance recorded specific changes in its loan book size and income generation for the quarter ended June 30, 2026, compared to the same period in 2025.The key operational metrics are detailed below:
| Metric | Qtr Ended 30-06-2026 (₹ Cr) | Qtr Ended 30-06-2025 (₹ Cr) | Increase / (Decrease) (%) |
|---|---|---|---|
| Sanctions | 384 | 450 | (15) |
| Disbursements | 384 | 403 | (5) |
| Total Income | 267 | 265 | 1 |
| Interest Expenses | 173 | 173 | - |
| Staff Expenses | 21 | 17 | 24 |
| Other Expenses & Depn. | 23 | 17 | 35 |
| Provision for NPA and others | 32 | 78 | (59) |
| Total Expenses | 249 | 285 | (13) |
| Profit before Tax | 18 | (20) | 190 |
| Provision for Tax & (DTAL/DTL) | 8 | (28) | 129 |
| Profit after Tax after (DTAL/DTL) | 10 | 8 | 125 |
Portfolio and Efficiency Ratios
The company's loan portfolio and various efficiency ratios showed mixed results in the quarter. The Gross Loan Portfolio stood at 11,185 compared to 10,692 in the previous year, reflecting a 5 percent increase.Key performance indicators across Q1 FY 2026/27 are presented below:
| Financial Ratio | Quarter Ended 30-06-2026 | Quarter Ended 30-06-2025 | Change (%) |
|---|---|---|---|
| Loan Portfolio Gross (₹ Cr) | 11,185 | 10,692 | 5 |
| Borrowing Portfolio (₹ Cr) | 9,074 | 8,684 | 4 |
| Net Interest Margin% (NIM) | 3.24 | 3.30 | (2) |
| Gross NPA % | 4.49 | 4.74 | (5) |
| Net NPA to Net Advances% | 2.04 | 2.14 | (5) |
| EPS | 1.86 | 0.81 | (33) |
| Cost to Income Ratio (without NPA provision) | 46.81 | 37.64 | 24 |
| Yield On Advances | 9.62 | 9.76 | (1) |
| Return on Net worth | 0.47 | 0.38 | 24 |
| Return on Total Assets (%) | 0.09 | 0.07 | 29 |
Credit Ratings Update
GIC Housing Finance Limited has received credit ratings from ICRA and CRISIL for its various instruments.Ratings provided by ICRA include:
- Short Term Loan of ₹1,000 Cr.: CRAI
- Commercial Paper of ₹1,500 Cr.: ICRAI+
- Long Term Loan of ₹9,000 Cr.: FLCRAI
- Non Convertible Debentures of ₹1,530 Cr.
Ratings provided by CRISIL include:
- Short Term Loan of ₹1,000 Cr.: CRISIL A
- Long Term Loan of ₹8,100 Cr.: CRISIL AA+ Stable
- Non Convertible Debentures of ₹1,530 Cr.: CRISIL Stable
GICHSGFIN Stock Price Movement
Shares of GIC Housing Finance Limited shed 6.36% today, ultimately settling at ₹139.62 in post-market trading. The stock saw a total traded volume of 526,457 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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