10% y-o-y INCREASE IN AUM, 21% y-o-y INCREASE IN
INTEREST INCOME
Mumbai : Star Housing Finance Limited (Star HFL), a BSE listed
company (BSE Scrip code BOM: 539017) semi urban and rural focused home finance
has reported business and financial performance for the quarter & half year
ending on Sep 30, 2025.
During the period Star HFL registered milestones
across business areas for the quarter ending Sep 30, 2025 enlisted as
below:
Business Numbers: AUM
increased 9.55% y-o-y to Rs. 567.27 crs. The Company
disbursed Rs. 30.56 crs in the period under review.
Income Growth: Interest
income grew by 21.33% y-o-y and Net Interest Margin (NIM) stands
at 7.65%
Asset Quality: PAR
(0+ days past due) stood at 5.13 %, of which GNPA stands
at 1.65% and NNPA stands at 1.16% as of
Sep 30, 2025
Profitability: Profit
before Tax stood at Rs. 4.08 crs and PAT at Rs. 3.17 crs
for H1 FY2025-26
Liability: Star
HFL has strong relationships with Banks and FIs to aid the loan book growth.
Current borrowings stand at Rs. 391.77 crs. The liability pipeline remains
strong and is planned as per the business plan
Capitalization: Net-worth
as of Sep 30, 2025 stands at Rs. 146.54 crs. Leverage levels
remained at 2.67x.
Ratings: Star HFL
is rated as BBB / Stable by CARE & India ratings.
|
Operating & Financial Performance (In crs) |
Q2 FY2025-26 |
Q2 FY2024-25 |
|
Assets Under Management |
567.27 |
517.84 |
|
GNPA (%) |
1.65% |
1.56% |
|
NNPA (%) |
1.16% |
1.09% |
|
Interest Income |
24.80 |
20.44 |
|
Total Income |
25.15 |
22.63 |
|
Borrowing Outstanding |
391.77 |
375.51 |
|
Net Worth |
146.54 |
140.23 |
|
Leverage(x) |
2.67x |
2.68x |
In Q2 FY 2025-26, Star HFL recorded Assets Under Management (AUM) of ₹567.27
crore, higher than ₹517.84 crore in the same quarter last year. Asset quality
remained stable, with GNPA at 1.65% and NNPA at 1.16%, broadly unchanged from
last year’s 1.56% GNPA and 1.09% NNPA.
The company reported an interest income of ₹24.80
crore, up from ₹20.44 crore, leading to a rise in total income to ₹25.15 crore,
compared with ₹22.63 crore in Q2 FY 2024-25.
Borrowings increased to ₹391.77 crore versus ₹375.51
crore last year, while the net worth improved to ₹146.54 crore, up from ₹140.23
crore. Leverage remained stable at 2.67x, almost unchanged from 2.68x
previously.
Speaking on the performance for the period, Mr.
Kalpesh Dave, Director & CEO of Star HFL said, “Our focus has been on
disciplined underwriting and efficient liability management. As we prepare for
the next phase of expansion, our commitment remains firmly anchored in enabling
affordable home ownership for first-time buyers and creating long-term value
for all stakeholders.”
About Star Housing Finance Limited (Star HFL)
Star Housing Finance Limited (Star HFL) is BSE listed
rural focused housing finance company. The Company has been operational in the
low-cost housing finance space since 2009. Star HFL provides long term housing
finance assistance to EWS/LIG families towards purchase/construction of
low-cost housing units (affordable housing) in its operational geographies.
Star HFL is a professionally managed Company with a presence across states of
Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, NCR and Tamil Nadu. Star HFL
is registered as a Primary Lending Institution (PLI) under the Pradhan Mantri
Awas Yojana (PMAY) and has received subsidy for its qualified customers under
CLSS scheme. Star HFL is headquartered in Mumbai, Maharashtra
For further details contact:
Dinesh Kirupalli
Star Housing Finance Ltd | Email: dinesh.kirupalli@starhfl.com
