Can Fin Homes

Disbursements ease 7%, loan book up 10%

Can Fin Homes has recorded 9% growth in the net profit to Rs 274.61 crore for the quarter ended September 2026 (Q2FY2027). Interest income increased 8% to Rs 1130.78 crore, while interest expenses rose 8% to Rs 690.16 crore. NII of the company galloped 7% to Rs 440.62 crore in Q2FY2027.

Operating expenses increased 10% to Rs 79.34 crore, allowing the operating profit to rise 7% to Rs 361.68 crore. Depreciation jumped 79% to Rs 7.07 crore, while loan loss provisions galloped 141% to Rs 7.39 crore in Q2FY2027. PBT rose 5% to Rs 347.22 crore.

Effective tax rate declined to 20.9% in Q2FY2027 from 24.2% in Q2FY2026. The final bottomline of the company increased 9% growth in the net profit to Rs 274.61 in Q2FY2027.

Book value of the company stood at Rs 481.9 per share at end September 2026, while adjusted book value net of net NPA stood at Rs 468.1 per share at end September 2026.

Business highlights

The loan book of the company increased 10% yoy and 1% qoq to Rs 43539 crore end September 2026. About 67.1% of the outstanding loan book is from Salaried Professionals. Further 79.9% of loan books relate to home loans.

The disbursements of the company declined 7% yoy to Rs 2373 crore, while sanctions eased 3% to Rs 2604 crore in Q2FY2027. Disbursements were impacted to implementation of tech project.

The net interest margin of the company was flat on sequential basis at 3.88% in Q2FY2027 from 3.89% in Q1FY2027, while it improved from 3.83% in Q2FY2026.

The yield on advances rose slightly to 9.83% from 9.81% in Q1FY2027, while declined from 10.09% in Q2FY2026. The cost of funds rose to 7.01% in Q2FY2027 from 6.98% in Q1FY2027, while remained lower than 7.29% in Q2FY2026.

Gross NPA ratio of the company rose to 0.90% and net NPA ratio increased to 0.42% end September 2026 compared with 0.87% and 0.40% end June 2026, while improved from 0.94% and 0.48% end September 2025.

Financial Performance H1FY2027:

Can Fin Homes has posted 14% growth in the net profit to Rs 542.43 crore for the half year ended September 2026 (H1FY2027). Interest income increased 8% to Rs 2226.93 crore, while interest expenses rose 5% to Rs 1349.63 crore. NII of the company galloped 12% to Rs 877.30 crore in H1FY2027.

Operating expenses increased 18% to Rs 161.79 crore. The operating profit increased 11% to Rs 716.09 crore. Depreciation moved up 34% to Rs 9.91 crore, while loan loss provisions declined 30% to Rs 20.45 crore in H1FY2027. PBT moved up 13% to Rs 685.73 crore. Effective tax rate eased to 20.9% in H1FY2027 from 22.0% in H1FY2026. The final bottomline of the company increased 14% growth in the net profit to Rs 542.43 in H1FY2027.

Can Fin Homes: Results
?	2609 (3)	2509 (3)	Var %	2609 (6)	2509 (6)	Var %	2603 (12)	2503 (12)	Var %
Interest Inc.	1130.78	1049.45	8	2226.93	2069.78	8	4216.27	3878.64	9
Interest Exp.	690.16	638.58	8	1349.63	1286.89	5	2563.23	2488.16	3
Net Interest Inc.	440.62	410.87	7	877.30	782.89	12	1653.04	1390.48	19
Other inc.	0.40	0.01	3900	0.58	0.08	625	1.98	0.98	102
Total inc.	441.02	410.88	7	877.88	782.97	12	1655.02	1391.46	19
Op. Exp.	79.34	72.27	10	161.79	137.01	18	295.14	225.35	31
OP	361.68	338.60	7	716.09	645.96	11	1359.87	1166.11	17
Woff/Prov. of B/D	7.39	3.07	141	20.45	29.32	-30	39.62	75.78	-48
Dep.	7.07	3.96	79	9.91	7.42	34	16.69	12.87	30
PBT	347.22	331.58	5	685.73	609.21	13	1303.57	1077.47	21
Total Tax	72.62	80.15	-9	143.30	133.91	7	217.82	220.31	-1
PAT	274.61	251.43	9	542.43	475.30	14	1085.75	857.17	27
EPS*(Rs)	82.5	75.5	?	81.5	71.4	?	81.5	64.4	?
Equity	26.6	26.6	?	26.6	26.6	?	26.6	26.6	?
Adj BV(Rs)	508.8	395.9	?	468.1	395.9	?	437.4	367.5	?
* EPS and Adj BV are calculated on diluted equity as given for each year. Face Value: Rs 2
Figures in Rs crore,
Source: Capitaline Corporate Database

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