Star Housing Finance Ltd
BSE:539017
Star Housing Finance Ltd
Star Housing Finance Ltd. is a housing finance company, which engages in the provision of housing loans, funds for construction of houses, loan against home properties and to carry out housing finance activities in the country and other related and allied services. The company is headquartered in Mumbai, Maharashtra and currently employs 83 full-time employees. The company went IPO on 2015-03-20. The firm is primarily engaged in the business of providing loans to individuals, corporate and developers for the purchase, construction, development and repair of houses, apartments and commercial properties in India. The firm provides loans for the purchase or construction of residential houses. Its loan products include home loan, mortgage loan and builder loan. The firm offers home loan for the purchase of flats and houses, renovation of existing units, extension of existing units and purchase of plot for construction of houses. The company offers builder loan for the construction of residential flats. The firm is focused on providing financing products to the lower and middle-income (LMI) segments in India, primarily in Tier II and Tier III cities and towns.
Star Housing Finance Ltd. is a housing finance company, which engages in the provision of housing loans, funds for construction of houses, loan against home properties and to carry out housing finance activities in the country and other related and allied services. The company is headquartered in Mumbai, Maharashtra and currently employs 83 full-time employees. The company went IPO on 2015-03-20. The firm is primarily engaged in the business of providing loans to individuals, corporate and developers for the purchase, construction, development and repair of houses, apartments and commercial properties in India. The firm provides loans for the purchase or construction of residential houses. Its loan products include home loan, mortgage loan and builder loan. The firm offers home loan for the purchase of flats and houses, renovation of existing units, extension of existing units and purchase of plot for construction of houses. The company offers builder loan for the construction of residential flats. The firm is focused on providing financing products to the lower and middle-income (LMI) segments in India, primarily in Tier II and Tier III cities and towns.
AUM Growth: Asset under management rose to INR 546.58 crores, up 16% year-on-year as of June 30, 2025.
Profitability: Q1 FY '26 profit after tax was INR 1.38 crores, lower than last year due to absence of one-time income booked in Q1 FY '25.
Disbursements: Disbursements for Q1 FY '26 were INR 24.41 crores; similar levels achieved in July–mid-August, with expectations to ramp up in coming months.
Asset Quality: Gross NPA at 1.65% and net NPA at 1.13%, with improvements seen compared to Q4; management aims to maintain or further improve these levels.
Borrowing Costs: Average cost of funds is 12.5%; management expects this to remain stable unless a rating upgrade is achieved.
Capital and Funding: Board approved a fundraise via INR 50 crores in nonconvertible debentures and an increase in authorized share capital to INR 125 crores.
Leadership Changes: CFO Natesh Narayan departed for personal reasons; succession plans are in progress, and other board vacancies will be filled.
