India Shelter Finance Corporation Limited — Investor Meet, 11-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

India Shelter Finance Q2 FY26 Earnings Call:

* AUM hit Rs. 9,252 Cr (+31% YoY), PAT Rs. 122 Cr (+35% YoY). ROE 17%, ROA 5.8%.

* Maintains guidance: 30-35% loan growth, >6% spreads, 40-50 bps credit costs.

* Cost of funds reduced to 8.5%, anticipating another 20 bps reduction by year-end.

* Gross Stage-3 stable at 1.2%, though Stage-2 saw a slight spike, management confident in collection tools like SARFAESI.

* Disbursements grew 12% in Q2, with H2 expected to pick up. Focus on self-employed in Tier-3/4 markets.

* Secured Rs. 550 Cr from NHB & Rs. 500 Cr from SIDBI for diversified funding.

* Outlook: Confident in sustaining growth and asset quality management, aided by established processes.