SRG Housing Finance provides secured housing loans and loans against property (LAP) to self-employed customers in rural/semi-urban India, with 79% of customers in this segment and 94% loan book in underserved regions. Key growth drivers include expansion into Tamil Nadu/Telangana with 10-15 new branches by FY27, targeting INR 600 crore disbursements in FY27 to reach INR 1,400-1,500 crore AUM. The company plans to raise equity if leverage exceeds 5-6x to support INR 2,000-2,500 crore AUM by 2028-29, maintaining 12-13% ROE through disciplined underwriting and cost-of-borrowing reductions to 10.70% over 1-2 years. Over 2-3 years, AUM could scale to INR 2,000-2,500 crore via geographic diversification and higher ticket sizes (INR 15.44 lakh average), though 77% AUM concentration in Rajasthan/Gujarat and regional expansion risks remain critical execution watchpoints.
companyname: SRG Housing Finance Limited ticker: SRGHFL sector: Housing Finance / Affordable Housing Finance SRG Housing Finance is a Rajasthan-based affordable housing finance company that lends almost exclusively to rural and semi-urban customers. It was founded in 1999 and became the first housing finance company registered in Rajasthan with the National Housing Bank in 2002. The company's core business is small-ticket secured lending—home construction loans, home purchase loans, and loans a...
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FY26 AUM growth guided at INR 1,400–1,500 crores driven by INR 600 crores disbursement target
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