INDIASHLTR
India Shelter Finance Corporation Limited
Affordable housing finance for self-construction and home purchase
Financial Services›Financial Services›Finance›Housing Finance Company
indiashelter.in(opens the company website in a new tab)Key metrics
Price as of 2026-10-19
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
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What you need to know
India Shelter (India Shelter Finance Corporation) is a housing finance company that makes affordable home loans to self-employed and informal-income households, focused on semi-urban Tier 2 and Tier 3 markets.
Company snapshot
10thBy market cap
Ranked among 14 companies in Housing Finance Company.
Segment mix
Reportable segments as of 2024-09-30 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 100.0% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Housing Finance | 100.0% | 534 Cr | 386 Cr | — |
What we see
- ✓Net margin of 32.9% — the business keeps a healthy share of every rupee it earns.
- ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 97 Cr | — | — | — | — | 149 Cr | 166 Cr | 179 Cr | 188 Cr | 197 Cr | 220 Cr |
| Other income | 7 Cr | 10 Cr | 10 Cr | 9 Cr | 0.84 Cr | 0.15 Cr | 0.13 Cr | 0.09 Cr | 0.03 Cr | 0.02 Cr | 0.04 Cr |
| Net operating income | 103 Cr | 10 Cr | 10 Cr | 9 Cr | 0.84 Cr | 149 Cr | 166 Cr | 180 Cr | 188 Cr | 197 Cr | 220 Cr |
| Employee cost | 43 Cr | 46 Cr | 49 Cr | 53 Cr | 55 Cr | 60 Cr | 62 Cr | 69 Cr | 69 Cr | 80 Cr | 79 Cr |
| Other expenses | 11 Cr | 11 Cr | 12 Cr | 14 Cr | 16 Cr | 16 Cr | 19 Cr | 17 Cr | 20 Cr | 20 Cr | 23 Cr |
| Provisions & contingencies | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation | 2 Cr | 2 Cr | 3 Cr | 3 Cr | 3 Cr | 3 Cr | 3 Cr | 3 Cr | 3 Cr | 3 Cr | 3 Cr |
| Profit before tax | 77 Cr | 81 Cr | 100 Cr | 108 Cr | 117 Cr | 124 Cr | 140 Cr | 155 Cr | 158 Cr | 160 Cr | 180 Cr |
| Tax % | 22.2% | 23.2% | 21.8% | 22.7% | 23.1% | 22.7% | 22.5% | 23.1% | 22.8% | 22.4% | 23.6% |
| Net profit | 60 Cr | 62 Cr | 78 Cr | 84 Cr | 90 Cr | 96 Cr | 108 Cr | 119 Cr | 122 Cr | 124 Cr | 138 Cr |
| EPS (₹) | ₹6.73 | ₹6.75 | ₹7.28 | ₹7.80 | ₹8.40 | ₹8.94 | ₹10.03 | ₹11.07 | ₹11.29 | ₹11.44 | ₹12.66 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|
| Net Interest Income | — | — | — | — | 589 Cr | 784 Cr | Sign in free for the trailing twelve months |
| Other income | 6 Cr | 12 Cr | 22 Cr | 32 Cr | 10 Cr | 0.19 Cr | Sign in free for the trailing twelve months |
| Net operating income | 6 Cr | 12 Cr | 22 Cr | 32 Cr | 599 Cr | 784 Cr | Sign in free for the trailing twelve months |
| Employee cost | 62 Cr | 101 Cr | 135 Cr | 179 Cr | 229 Cr | 298 Cr | Sign in free for the trailing twelve months |
| Other expenses | 18 Cr | 25 Cr | 38 Cr | 45 Cr | 65 Cr | 80 Cr | Sign in free for the trailing twelve months |
| Provisions & contingencies | — | — | — | — | — | — | Sign in free for the trailing twelve months |
| Depreciation | 5 Cr | 7 Cr | 8 Cr | 10 Cr | 12 Cr | 12 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 113 Cr | 167 Cr | 202 Cr | 319 Cr | 489 Cr | 653 Cr | Sign in free for the trailing twelve months |
| Tax % | 22.6% | 23.0% | 23.1% | 22.4% | 22.8% | 23.0% | Sign in free for the trailing twelve months |
| Net profit | 87 Cr | 128 Cr | 155 Cr | 248 Cr | 378 Cr | 503 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹10.19 | ₹14.80 | ₹17.75 | ₹26.32 | ₹35.18 | ₹46.46 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | 0.0% | 0.0% | 10.7% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 43 Cr | 44 Cr | 44 Cr | 54 Cr | 54 Cr | 54 Cr |
| Reserves | 894 Cr | 1,032 Cr | 1,197 Cr | 2,245 Cr | 2,655 Cr | 3,144 Cr |
| Borrowings | — | — | — | — | 4,969 Cr | 6,246 Cr |
| Other liabilities | 1,525 Cr | 2,145 Cr | 3,055 Cr | 3,496 Cr | 70 Cr | 171 Cr |
| Total liabilities | 2,463 Cr | 3,221 Cr | 4,296 Cr | 5,794 Cr | 7,748 Cr | 9,615 Cr |
| Fixed assets (net) | 14 Cr | 17 Cr | 24 Cr | 30 Cr | 28 Cr | 27 Cr |
| CWIP | — | — | — | 0 Cr | 0 Cr | 0 Cr |
| Investments | — | — | — | 0 Cr | 315 Cr | 395 Cr |
| Loans & advances | — | — | — | — | 6,859 Cr | 8,569 Cr |
| Trade receivables | — | — | — | — | 0.38 Cr | 5 Cr |
| Cash & bank | 233 Cr | 144 Cr | 361 Cr | 112 Cr | 182 Cr | 129 Cr |
| Other assets | 2,216 Cr | 3,061 Cr | 3,911 Cr | 5,653 Cr | 362 Cr | 489 Cr |
| Total assets | 2,463 Cr | 3,221 Cr | 4,296 Cr | 5,794 Cr | 7,748 Cr | 9,615 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operating activity | -421 Cr | -495 Cr | -852 Cr | -1,463 Cr | -1,435 Cr | -1,199 Cr |
| Cash from investing | 77 Cr | -186 Cr | 162 Cr | -6 Cr | -61 Cr | -91 Cr |
| Cash from financing | 560 Cr | 592 Cr | 907 Cr | 1,220 Cr | 1,566 Cr | 1,238 Cr |
| Net cash flow | 216 Cr | -89 Cr | 217 Cr | -249 Cr | 70 Cr | -53 Cr |
| Free cash flow (OCF − Capex) | -423 Cr | -500 Cr | -859 Cr | -1,469 Cr | -1,444 Cr | -1,211 Cr |
Ratios
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| ROE % | 9.3% | 11.9% | 12.5% | 10.8% | 14.0% | 15.7% |
| Debt / equity | — | — | — | 0.01 | 1.83 | 1.95 |