India Shelter Finance Corporation Ltd - 544044 - Announcement Under Regulation 30 (LODR)- Updates
Disclosure under Regulation 3023-05-2024
23-05-2024
India Shelter Finance Corporation Ltd - 544044 - Announcement Under Regulation 30- Updates
Disclosure under Regulation 3023-05-2024
India Shelter Finance Corporation Ltd - 544044 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Earnings Conference Call for the Financial Year March 31, 2024 held on May 09, 202415-05-2024
India Shelter Finance Corporation Ltd - 544044 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation for Investor conference on May 16th, 202413-05-2024
India Shelter Finance Corporation Ltd - 544044 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Submission of Newspaper publication of Audited results for the year ended March 31, 202409-05-2024
India Shelter Finance Corporation Ltd - 544044 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Submission of Audio Recording of Earnings Conference call pertaining to the audited financial results of the company for the year ended March 31, 202409-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for India Shelter Finance Corporation Ltd.
Housing Finance company India Shelter Finance Corporation announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Profit after tax grew by 47% YoY to Rs 78 crore in Q4FY24 as against Rs 53 crore in Q4FY23 In Q4FY24, the company delivered RoA of 5.4% as against 5.1% in Q4FY23 In Q4FY24, cost of funds was maintained at 8.8%. Credit Cost for the quarter stable at 0.4% FY24 Financial Highlights: Profit after tax grew 59% YoY to Rs 248 crore in FY24 as against Rs 155 crore in FY23 RoA improved to 4.9% in FY24 from 4.1% in FY23 RoE stood at 14% for FY24 The company continues to deepen its presence by adding 8 new branches during the quarter, the company has 223 branches in 15 states as of 31st March’24. Gross Stage 3 and Net Stage 3 improved to 1.0% and 0.7% as of 31st March 2024 as against 1.1% and 0.8% as of 31st March 2023 30+ DPD stable at 2.4% as of 31st March 2024 Networth at Rs 2,299 crore as of March’24. The company continues to carry a liquidity of Rs 1,210 crore as of March’24. Commenting on the performance, Rupinder Singh, Managing Director, and CEO of India Shelter Finance Corporation said: “It has been a good year for India Shelter, marked by strong financial performance and rapid footprint expansion for sustaining high growth. This year also marked a significant milestone for us of completion of our Initial Public Offering and subsequent listing on the NSE & BSE on December 20, 2023. This momentous occasion was the culmination of years of dedication and perseverance. It was a surreal and humbling experience as we rang the ceremonial bell, ushering in a new era of growth and opportunity for India Shelter. India Shelter now operates out of 223 branches in 15 states. We added 40 new branches in FY24. During the year, we witnessed strong AUM growth of 40% YoY, led by a 35% YoY increase in disbursements. Our margins remained in line with our guidance for the medium term at 6%. In terms of asset quality our stage 3 improved by 16bps YoY to 1.0%. I’m delighted to inform you all that in the current tight liquidity situation, India Ratings and Research has assigned AA- (Stable) as our long-term rating. As we look ahead, we remain determined to pursue providing affordable housing solutions and empowering the underserved segments of our society. With our strong foundation, innovative spirit, and commitment to excellence, we are confident in our ability to create long-term value for all our stakeholders while positively impacting the lives of countless individuals and communities.” Result PDF09-05-2024
India Shelter Finance Corporation Ltd - 544044 - General Updates - Disclosure Of Related Party Transactions For The Half Year Ended March 31, 2024
Disclosure of related Party transactions for the half year ended March 31, 202408-05-2024
India Shelter Finance Corporation Ltd - 544044 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Monitoring Agency Report for the quarter ended March 31, 202408-05-2024