Can Fin Homes (CANFINHOME) Q2 25/26 earnings summary

Executive summary

• Achieved record quarterly disbursement of INR 2,500 crore in Q2, with strong Canara Bank sponsorship and pan-India presence.

• Focus on home loans to individuals, ethical practices, and prudent underwriting, with consistent dividend payments and robust management.

• Significant recovery in Karnataka and improving trends in Telangana, with positive month-on-month growth.

• IT transformation underway, with key modules implemented and further rollouts scheduled for Q3, expected to enhance operational efficiency.

• Un-audited financial results for Q2 and H1 FY26 approved, showing strong growth in income and profitability year-over-year.

Financial highlights

• Disbursements in Q2 reached INR 2,500 crore, a first for any Q2, and loan book grew 8% YoY to ₹39,657 Cr with 2.84 lakh clients.

• Q2FY26: NII ₹404 Cr, PBT ₹332 Cr, PAT ₹251 Cr; NIM 4.02%, ROAA 2.46%, RoE 18.41%, EPS ₹18.88.

• H1FY26: PAT ₹475 Cr (+16% YoY), NII ₹767 Cr (+16% YoY), disbursements ₹4,560 Cr (+8% YoY), total income ₹2,06,985.75 lakhs.

• Gross NPA at 0.94%, Net NPA at 0.48%-0.50%, with additional management overlay.

• Total assets as of September 30, 2025, were ₹41,75,486.49 lakhs.

Outlook and guidance

• Q3 disbursement target set at INR 2,500 crore, with a push for higher disbursement in Q4 to meet annual guidance of INR 10,500 crore.

• AUM growth guidance maintained at 12%-13% for FY26, with plans to increase to 15% for FY27 and FY28.

• Ongoing digital transformation with major IT projects set to go live in Q3FY26.

• Continued focus on growth, asset quality, profitability, and liquidity.

• Expectation of further reduction in delinquency and continued low credit costs in Q3.