GICHSGFIN
GIC Housing Finance financials
- Market cap
- ₹737 Cr
- Sector
- Financial Services
What GIC Housing Finance Limited does
GIC Housing Finance Limited is a housing finance company (HFC) that originates and services retail home loans across India. It was promoted by GIC Re and GIPSA (General Insurance) companies, which together hold about 42% of its shareholding. Loans are sourced through its own branch network, a wholly-owned sourcing subsidiary, DSA agents, digital leads, direct marketing and customer referrals, and are funded by borrowings raised from banks, the capital market (NCDs, commercial paper) and refinance from the National Housing Bank.
Segments
- Housing Finance (Home Loans)
- Branch network
- 84 branches across India (as of Sep 2025)
- Gross loan portfolio (AUM)
- ₹10,870 Cr (Sep 2025)
- Average loan ticket size
- ₹31.50 lakhs (H1 FY26)
- New branches activated
- 12 branches added Jul 2025 (NCR, Hyderabad, Bengaluru, MMR, rest of India)
- Regional hub offices
- 5 (Bengaluru, Chennai, Hyderabad, Kolkata, North Zone)
- Satellite offices
- 5 (Rewari, Sangareddy, Panipat, Prayagraj, Kanchipuram)
Quarterly results
Q1 FY27: revenue up 0.8%, net profit up 42.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 264 | 269 | 272 | 265 | 272 +3% | 273 +1% | 273 +0% | 267 +1% |
| Net profit | 36 | 50 | 35 | 7 | 50 +39% | 44 −12% | 54 +54% | 10 +43% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −20.3% 1Y
1Y: ₹171.65 on 10 Sept 2025 → ₹136.84. High ₹179.93 (2 Jan 2026), low ₹131.31 (30 Mar 2026).
Financials, as filed
Revenue fell 1.0% a year over 3 years, FY23 to FY26.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹1.1k Cr | ₹1.1k Cr | ₹1.1k Cr | ₹1.1k Cr |
| Interest | ₹702 Cr | ₹710 Cr | ₹704 Cr | ₹687 Cr |
| Depreciation | ₹9 Cr | ₹16 Cr | ₹16 Cr | ₹12 Cr |
| Net profit | ₹212 Cr | ₹152 Cr | ₹160 Cr | ₹155 Cr |
| Net margin | 19.0% | 14.4% | 14.8% | 14.3% |
| Cash from operations | ₹1.0k Cr | ₹522 Cr | ₹-18 Cr | ₹-320 Cr |
| Free cash flow | ₹1.0k Cr | ₹518 Cr | ₹-20 Cr | ₹-325 Cr |
| ROE | 13.0% | 9.0% | 9.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹54 Cr | ₹54 Cr | ₹54 Cr | ₹54 Cr | ₹54 Cr | ₹54 Cr |
| Reserves | ₹1.3k Cr | ₹1.5k Cr | ₹1.6k Cr | ₹1.8k Cr | ₹1.9k Cr | ₹2.1k Cr |
| Borrowings | ₹11.2k Cr | ₹10.4k Cr | ₹9.2k Cr | ₹8.6k Cr | — | ₹9.1k Cr |
| Other liabilities | ₹57 Cr | ₹53 Cr | ₹53 Cr | ₹57 Cr | ₹62 Cr | ₹74 Cr |
| Total liabilities | ₹12.6k Cr | ₹11.9k Cr | ₹10.9k Cr | ₹10.5k Cr | ₹11.1k Cr | ₹11.3k Cr |
| Fixed assets | ₹16 Cr | ₹21 Cr | ₹52 Cr | ₹44 Cr | ₹40 Cr | ₹69 Cr |
| Capital work in progress | ₹29 Cr | ₹29 Cr | ₹9 Cr | ₹10 Cr | ₹0 Cr | ₹16 Cr |
| Investments | ₹14 Cr | ₹15 Cr | ₹230 Cr | ₹169 Cr | ₹288 Cr | ₹211 Cr |
| Other assets | ₹12.6k Cr | ₹11.9k Cr | ₹10.6k Cr | ₹10.2k Cr | ₹10.8k Cr | ₹11.0k Cr |
| Total assets | ₹12.6k Cr | ₹11.9k Cr | ₹10.9k Cr | ₹10.5k Cr | ₹11.1k Cr | ₹11.3k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +4.26 pp while DIIs trimmed −2.98 pp. The shareholder count shrank 6% to 61,754.
- Promoters
- 42.4%
- FIIs
- 1.4%
- DIIs
- 2.5%
- Public
- 53.6%
Since Jun 2025
- Public +4.26 pp
- DIIs −2.98 pp
- FIIs −1.27 pp
How it drifted, 12 quarters
Over this window the public went from 47.6% to 53.6% — +6.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 42.4%, FIIs 3.6%, DIIs 6.3%, Public 47.6%.Dec '23: Promoters 42.4%, FIIs 3.3%, DIIs 5.9%, Public 48.4%.Mar '24: Promoters 42.4%, FIIs 3.2%, DIIs 5.9%, Public 48.5%.Jun '24: Promoters 42.4%, FIIs 2.6%, DIIs 5.9%, Public 49.0%.Sep '24: Promoters 42.4%, FIIs 2.9%, DIIs 5.9%, Public 48.8%.Dec '24: Promoters 42.4%, FIIs 2.5%, DIIs 5.9%, Public 49.2%.Mar '25: Promoters 42.4%, FIIs 2.2%, DIIs 5.9%, Public 49.5%.Jun '25: Promoters 42.4%, FIIs 2.7%, DIIs 5.5%, Public 49.4%.Sep '25: Promoters 42.4%, FIIs 2.2%, DIIs 5.5%, Public 49.9%.Dec '25: Promoters 42.4%, FIIs 2.1%, DIIs 5.0%, Public 50.5%.Mar '26: Promoters 42.4%, FIIs 1.8%, DIIs 4.6%, Public 51.2%.Jun '26: Promoters 42.4%, FIIs 1.4%, DIIs 2.5%, Public 53.6%.
Who is on the register
Named in the Jun 2026 filing
Every holder of GIC Housing Finance Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| General Insurance Corporation Of India Insurer | 15.26% | unchanged |
| The New India Assurance Company Limited Insurer | 8.65% | unchanged |
| United India Insurance Company Limited Insurer | 7.35% | unchanged |
| National Insurance Company Ltd Insurer | 5.63% | unchanged |
| The Oriental Insurance Company Limited Insurer | 5.52% | unchanged |
| Lok Prakashan Ltd | 4.08% | unchanged |
| Life Insurance Corporation Of India Insurer | 2.53% | −2.06 pp |
| Ranjeet Singh Sibia | 1.37% | unchanged |
| Agriculture Insurance Company Of India Limited | 0.00% | unchanged |
| Prestige Assurance Plc, Nigeria | 0.00% | unchanged |
| The New India Assurance Company (Sierra Leone) Limited | 0.00% | unchanged |
| The New India Assurance Company (Trinidad & Tobago) Limited | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse GIC Housing Finance Limited
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