GIC Housing Finance
- Market cap
- ₹ 671 Cr.
- P/E
- 4.2x
- P/B
- 0.32x
- 52-week range
- 120 – 184
- ROE
- 8%
- Dividend yield
- 3.6%
- Debt / equity
- 4.33
- Sector
- Finance
- Industry
- Housing Finance Company
- Listed on
- NSE, BSE
About
GIC Housing Finance Limited is an India-based company, which is engaged in carrying on the business of housing finance in India. The Company’s main business is to provide loans for the purchase or construction of residential units. It grants housing loans to individuals and to persons/entities engaged in the construction of houses/flats for residential purposes. It offers long-term finance on such terms and conditions as the Company may deem fit, to individuals, co-operative societies, associations of persons, companies or corporations, or such other persons or entities for the purchase of plots, houses, flats, apartments and/or construction, repair, renovation and/or enhancement of houses, flats or apartments for residential purposes. Its products include individual housing loans, composite loans, construction loans, affordable home loans, repair and renovation loans, home extension loans, and loans against property.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Housing Finance Company: 20 companies →GIC Housing Finance against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)4.2 against a typical 12.9: cheaper than most peers (1st = cheapest).2nd of 19
- Sales growth+0.8% against a typical +8.5% from a year earlier.13th of 18
- Profit growth+42.9% against a typical +19% from a year earlier.3rd of 17
- Share price, 3 months−17.9% against a typical −13.3%.12th of 19
- Size₹ 671.2 Cr. market value against a typical ₹ 6,610.8 Cr. (1st = largest).12th of 19
Latest announcements
Exchange filings and their impact on the company.
- 25 bps lending-rate hike should modestly lift interest income and margins over the next year.
GIC Housing Finance raised its Benchmark Prime Lending Rate by 25 basis points to 17.95% per annum, effective November 1, 2026, after board approval on October 24, 2026. The hike applies to floating-rate housing loans linked to BPLR. It should modestly support interest income and net interest margins over the next 12 months, subject to demand and funding-cost trends.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA+ | Stable | 7 Oct 2026 |
| ICRA | [ICRA]AA+ | Stable | 7 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Oct 2026 | Reaffirmed | Crisil AA+ | — | CRISIL | ₹ 12,030 Cr. | |
| 18 Sep 2026 | Withdrawn | was Crisil AA+ | — | CRISIL | ₹ 600 Cr. | |
| 7 Aug 2026 | Reaffirmed | [ICRA]AA+(Stable) → [ICRA]AA+ | — | ICRA | ₹ 13,530 Cr. | |
| 28 Apr 2026 | Reaffirmed | Crisil AA+ | — | CRISIL | ₹ 11,380 Cr. | |
| 29 Oct 2025 | Reaffirmed | Crisil AA+ | — | CRISIL | ₹ 11,080 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 25 Oct 2025 | Other | Board to consider | — | — | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Nov 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 12 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 15 May 2026 | Financial Results/Dividend/Fund Raising/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend, Fund Raising and other business matters |
| 9 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Fund Raising | To consider Fund Raising |
| 31 Oct 2025 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 268 | 261 | 260 | 274 | 264 | 269 | 272 | 265 | 272 | 273 | 273 | 267 |
| Interest | 179 | 176 | 172 | 174 | 177 | 179 | 174 | 173 | 173 | 173 | 168 | 173 |
| Expenses | 47 | 41 | 10 | 53 | 37 | 32 | 30 | 110 | 35 | 42 | 39 | 73 |
| Financing Profit | 42 | 44 | 77 | 47 | 50 | 59 | 68 | −18 | 64 | 58 | 65 | 21 |
| Financing Margin % | 16% | 17% | 30% | 17% | 19% | 22% | 25% | −7% | 23% | 21% | 24% | 8% |
| Other Income | 3 | 2 | 6 | 3 | 2 | 1 | −9 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 |
| Profit before tax | 41 | 42 | 79 | 47 | 48 | 56 | 55 | −20 | 61 | 55 | 63 | 18 |
| Tax % | 26% | 16% | 32% | 17% | 23% | 12% | 37% | −136% | 18% | 20% | 15% | 43% |
| Net Profit | 30 | 36 | 54 | 39 | 36 | 50 | 35 | 7 | 50 | 44 | 54 | 10 |
| EPS in Rs | 5.6 | 6.61 | 9.95 | 7.23 | 6.77 | 9.22 | 6.52 | 1.36 | 9.28 | 8.1 | 9.95 | 1.86 |
| Gross NPA % | 4.6% | 4.6% | 3.9% | 4% | 3.8% | 3.5% | 3% | 4.7% | 4.5% | 4.2% | 4% | 4.5% |
| Net NPA % | 3.1% | 3% | 2.7% | 2.6% | 2.4% | 2.2% | 2% | 2.1% | 2% | 1.8% | 1.6% | 2% |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 2%
- 5 Years
- −3%
- 3 Years
- −1%
- TTM
- 1%
- 10 Years
- 2%
- 5 Years
- 8%
- 3 Years
- −10%
- TTM
- 15%
- 10 Years
- −7%
- 5 Years
- 0%
- 3 Years
- −9%
- TTM
- —
- 10 Years
- 11%
- 5 Years
- 10%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| GIC Housing Finance | ₹ 121.80 | ₹ 671 Cr. | 4.2x | 0.3x | 8% | — |
| Bajaj Finance | ₹ 927.00 | ₹ 5,77,146 Cr. | 25x | 5.8x | 18.1% | 23.7% |
| Shriram Finance | ₹ 867.00 | ₹ 2,04,004 Cr. | 13.9x | 3x | 16.4% | 20.9% |
| Jio Financial Services | ₹ 205.00 | ₹ 1,35,364 Cr. | 95.5x | 1.2x | — | 49.8% |
| Tata Capital | ₹ 307.05 | ₹ 1,30,358 Cr. | 20.5x | 3.3x | 12.3% | 16% |
| Power Finance Corporation | ₹ 316.00 | ₹ 1,04,283 Cr. | 5.4x | 1x | 20.7% | 29.1% |
Management
- Sachindra Salvi
- Chief Executive Officer, Managing Director
- T Mariraja
- Senior Vice President, Head of HR & Operations
- Sajid Munshi
- Senior Vice President (Collections Head)
- Birudeo Babu Phonde
- Senior Vice President - Head of Admin Department
- S. A. Ramamurthy
- Senior Vice President - Head of Sales & Marketing
- Premraj Avasthi
- Chief Information Officer
- Pratik Kadam
- Chief Information and Security Officer
- Nutan Singh
- Compliance Officer, Group Head & Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.