SRG Housing Finance
- Market cap
- ₹ 157 Cr.
- P/E
- 4.6x
- P/B
- 0.53x
- 52-week range
- 96 – 335
- ROE
- 12%
- Dividend yield
- 0%
- Debt / equity
- 2.92
- Sector
- Finance
- Industry
- Housing Finance Company
- Listed on
- NSE, BSE
About
SRG Housing Finance Limited is a housing finance company, which is engaged in providing affordable housing solutions. The Company’s offering includes home loan for construction, home loan for repair, renovation & extension, home loan for new purchase, home loan for resale home purchase, home loan for plot and construction, home loan for builder / project loan, loan against residential property, loan against commercial property, balance transfer loan, and top-up loan. It has operations across various six states and a union territory, including Rajasthan, Gujarat, Maharashtra, Madhya Pradesh, Karnataka, Andhra Pradesh and Delhi, with a network comprising over 90 branches.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Housing Finance Company: 20 companies →SRG 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)4.6 against a typical 12.9: cheaper than most peers (1st = cheapest).3rd of 19
- Sales growth+26.6% against a typical +8.5% from a year earlier.2nd of 18
- Profit growth+24.9% against a typical +19% from a year earlier.5th of 17
- Share price, 3 months−66.6% against a typical −12.3%.19th of 19
- Size₹ 156.5 Cr. market value against a typical ₹ 6,610.8 Cr. (1st = largest).13th of 19
Latest announcements
Exchange filings and their impact on the company.
- NHB orders forensic audit of SRG Housing Finance, creating funding and growth overhang.
SRG Housing Finance said on October 22, 2026 that the National Housing Bank has appointed ASA & Associates LLP to conduct a forensic audit of the company. No findings, scope or timeline were disclosed. For a small housing financier with a loan book of about Rs 1,082 crore, a regulator-ordered forensic audit typically slows lending, tightens funding and weighs on earnings and the stock until clarity emerges.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A- by Acuite- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Acuite | ACUITE A- | — | 10 Sep 2026 |
| CARE | Withdrawn | — | 27 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 10 Sep 2026 | Reaffirmed | ACUITE A- | — | Acuite | ₹ 1,375 Cr. | |
| 8 May 2026 | Reaffirmed | ACUITE A- | — | Acuite | ₹ 1,375 Cr. | |
| 7 Apr 2026 | ▲ Upgrade1 notch | ACUITE BBB+ → ACUITE A- | — | Acuite | ₹ 975 Cr. | |
| 27 Mar 2026 | Withdrawn | — | — | CARE | — | |
| 8 Jan 2026 | Reaffirmed | ACUITE BBB+ | — | Acuite | ₹ 799 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on SRG Housing FinanceAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Aug 2026 | Financial Results | To consider and approve the Unaudited financial results for the period ended Jun 30, 2026 |
| 11 May 2026 | Financial Results | To consider and approve the Audited financial results for the Quarter and year ended March 31, 2026 |
| 6 Feb 2026 | Financial Results | To consider and approve the Unaudited financial results for the Quarter ended December 31, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 13 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 1 Aug 2025 | Fund Raising | To consider Fund Raising by Considering The Proposal For Issuance Of Non- Convertible Debentures On Private Placement Basis, In One Or More Tranches. |
Financials
Standalone 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 | 30 | 32 | 36 | 34 | 36 | 39 | 43 | 43 | 48 | 50 | 57 | 54 |
| Interest | 13 | 13 | 14 | 14 | 15 | 17 | 17 | 17 | 18 | 20 | 23 | 24 |
| Expenses | 10 | 11 | 14 | 12 | 12 | 15 | 17 | 17 | 19 | 19 | 22 | 19 |
| Financing Profit | 7 | 8 | 9 | 8 | 9 | 8 | 9 | 9 | 11 | 11 | 13 | 11 |
| Financing Margin % | 22.9% | 24.6% | 24.7% | 24.3% | 25.5% | 19.5% | 20.4% | 21.6% | 23.4% | 22% | 22.6% | 20.7% |
| Other Income | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 0 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 1 |
| Profit before tax | 7 | 7 | 8 | 7 | 8 | 7 | 8 | 8 | 10 | 10 | 12 | 10 |
| Tax % | 20.2% | 20.6% | 20% | 14.8% | 20.6% | 19.8% | 19.4% | 13.5% | 20.1% | 21% | 20.2% | 15.4% |
| Net Profit | 5 | 5 | 6 | 6 | 7 | 6 | 6 | 7 | 8 | 8 | 9 | 8 |
| EPS in Rs | 4.05 | 4.09 | 4.58 | 4.34 | 4.62 | 4.01 | 3.95 | 4.32 | 5.26 | 5.23 | 5.89 | 5.39 |
| Gross NPA % | 2.4% | 2.4% | 2.3% | 2.2% | 2% | 2% | 1.8% | 1.9% | 1.9% | 1.8% | 1.8% | 1.7% |
| Net NPA % | 0.6% | 0.6% | 0.7% | 0.7% | 0.6% | 0.6% | 0.6% | 0.6% | 0.6% | 0.7% | 0.7% | 0.6% |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 35%
- 5 Years
- 21%
- 3 Years
- 29%
- TTM
- 31%
- 10 Years
- 33%
- 5 Years
- 12%
- 3 Years
- 24%
- TTM
- 35%
- 10 Years
- 11%
- 5 Years
- 11%
- 3 Years
- 2%
- TTM
- —
- 10 Years
- 16%
- 5 Years
- 13%
- 3 Years
- 12%
- 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.
| SRG Housing Finance | ₹ 99.25 | ₹ 157 Cr. | 4.6x | 0.5x | 12% | — |
| Bajaj Finance | ₹ 927.00 | ₹ 5,77,146 Cr. | 25.2x | 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. | 93.9x | 1.1x | — | 49.8% |
| Tata Capital | ₹ 307.05 | ₹ 1,30,358 Cr. | 20.4x | 3.3x | 12.3% | 16% |
| Power Finance Corporation | ₹ 316.00 | ₹ 1,04,283 Cr. | 5.5x | 1x | 20.7% | 29.1% |
Management
- Ashok Modi
- Chief Financial Officer
- Saurabh Rajawat
- Chief Operating Officer
- Divya Kothari
- Chief Compliance Officer, Company Secretary
- Archis Jain
- Vice President - Business Development
- Vinod Kumar Jain
- Managing Director, Executive Director
- Kartik Singh Mehta
- Assistant Vice President - Business Strategy and Planning
- Liji Sivaraman
- Assistant Vice President - Information Technology
Prices are delayed and for information only. Nothing on this page is investment advice.