What we do India Shelter Finance Corporation Ltd is a retail housing finance company providing secured home loans primarily to low and middle-income individuals in Tier II and III cities across India. |
Founded in 1,998 |
Market share Strong presence with over 300 branches in 15 states; AUM crossed Rs. 10,365 Crore by 2026. |
Problem solved Addresses affordable housing finance needs for underserved low and middle-income segments, enabling home ownership. |
Top clients or who we serve Serves low and middle-income individuals, primarily self-employed and women borrowers in Tier II & III cities; B2C focus. |
Key management Rupinder Singh (MD & CEO) with 22+ years experience, an experienced professional leadership team. |
Our journey and innovations Incorporated in 1998, rebranded in 2010, expanded from Rajasthan to 15 states; IPO in 2023; technology-driven loan origination and management. |
Where we operate Operates in 15 Indian states including Rajasthan, Maharashtra, Karnataka, Gujarat, UP, Tamil Nadu and others. |
Top products or what we offer Home loans, home equity loans, and loans against property for purchase, improvement, and construction with up to 20-year tenure. |
Top brands Core loan products focused on affordable housing finance; no separate consumer brands. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from recurring interest income on loan portfolio and fee income. |
Our industry position Rated AA- by major agencies; recognized as a middle layer HFC with strong asset quality and growing scale. |
Financial highlights FY25 revenue Rs 1,175.9 Cr, PAT Rs 377.9 Cr, AUM Rs 10,365 Cr, ROE ~17%, CRAR 56.9%. |
Geographical revenue split Predominantly Indian operations with presence in 15 states; no significant overseas revenue. |
Order book - |
Whats driving growth Growth driven by branch expansion, technology adoption, co-lending partnerships, and increased affordable housing demand. |
Our future plans Plans to deepen penetration in Tier II/III cities, expand branches, diversify funding, and enhance technology and underwriting. |
Our green promise Committed to sustainability; planted 25,000 trees in 2024–25; ISO 27001:2022 certified for information security. |
Our people and values 3,800+ employees with 29% women representation; strong ESOP programs fostering employee ownership. |
Key challenges ahead Managing asset quality amid rapid growth, optimizing borrowing cost, and regulatory compliance. |
Interesting facts 99% women borrowers; disbursed Rs 3,355 Cr in FY25; ISO-certified; listed in 2023; recognized for CSR and governance. |
Risks and strategy Risk managed via strong credit and operational controls, diversified funding, and proactive risk governance. |
