SRG Housing Finance has announced its 27th AGM scheduled for September 28, 2026, while reporting a strong FY26 performance. The company surpassed the Rs 1,000 crore AUM milestone, delivering a 33.2% rise in net profit to Rs 32.49 crore. With an improved credit rating and digital-first operations, management is targeting AUM between Rs 1,300–1,500 crore for FY27.
SRG Housing Finance FY26 Financial Results and AGM Update
SRG Housing Finance reported a net profit of Rs 32.49 crore for FY26 compared to Rs 24.39 crore in FY25. The company's Gross AUM reached Rs 1,042.15 crore, marking a 37.2% year-on-year increase.
Reader Takeaway: Strong asset growth and improved credit ratings drive sentiment, though geographic concentration in two states remains a risk.
What just happened
SRG Housing Finance has scheduled its 27th Annual General Meeting (AGM) for September 28, 2026, via video conferencing. The company also released its FY26 annual performance, highlighting significant growth in both its loan book and profitability. The register of members will remain closed from September 22 to September 28, 2026.
Why this matters
The company crossed the significant milestone of Rs 1,042.15 crore in Assets Under Management (AUM). This scaling phase is supported by a digital platform, SRAJAN, which facilitates 15-day loan approvals. Additionally, a credit rating upgrade to A- (Stable) by Acuité Ratings in March 2026 signals improved creditworthiness, which is expected to lower future borrowing costs.
What changes now
Management has issued guidance for FY27, targeting an AUM range of Rs 1,300–1,500 crore with planned disbursements of Rs 600 crore. While the cost-to-income ratio currently sits at 64.56% due to aggressive branch expansion, leadership anticipates better operating leverage as these 96 existing branches reach maturity.
Risks to watch
Geographic concentration remains the primary concern, with 77% of the loan book exposed to Rajasthan and Gujarat. Furthermore, intensifying competition from traditional banks in the home loan sector continues to pressure margins. The company also keeps a close eye on macroeconomic volatility, though its niche focus on rural and semi-urban markets provides some defensive insulation.
What to track next
Investors should monitor the efficacy of the branch expansion strategy and any progress in diversifying the loan portfolio beyond the Rajasthan-Gujarat corridor. The maturity of newer branches will be critical in reducing the cost-to-income ratio over the coming fiscal year.