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Fiscal Year 2026 Profit and AUM Growth
Sundaram Home Finance, a subsidiary of Sundaram Finance, reported strong results for the fiscal year ending March 31, 2026. Net profit increased by 15% to ₹282 crore, up from ₹245 crore in the prior fiscal year. The company's assets under management (AUM) also grew by 14%, reaching ₹19,909 crore compared to ₹17,428 crore in FY25.
Disbursements Rise, Emerging Business Doubles
Total disbursements for the fiscal year climbed 5% to ₹6,842 crore, up from ₹6,517 crore in FY25. A significant contributor to this rise was the company's emerging business segment, which focuses on affordable housing finance and small ticket loans. This specific segment more than doubled its disbursements, exceeding ₹500 crore to reach ₹590 crore in FY26, a substantial increase from ₹229 crore the previous year. To support this growth, the company opened over 100 new emerging business branches and hired more than 500 employees, attracting approximately 5,000 new customers.
Future Growth Focus on Smaller Towns
D Lakshminarayanan, Managing Director of Sundaram Home Finance, expressed optimism about the company's growth path. He noted that the prime business segment continues to perform strongly. Meanwhile, the emerging business segment has expanded its reach into Karnataka, Andhra Pradesh, and Telangana, building on its existing operations in Tamil Nadu. Lakshminarayanan pointed to substantial opportunities in mid-tier and smaller towns for both prime and emerging business lines. He believes expansion into Tier 4 and 5 towns will be a key driver for the emerging business segment in the coming year.