Mumbai | Aug 18, 2025 : Star
Housing Finance Limited (Star HFL), a BSE listed company (BSE Scrip code BOM:
539017) semi urban and rural focused home finance has reported business and
financial performance for the quarter ending on June 30, 2025.
During the period Star HFL registered milestones
across business areas for the quarter ending June 30, 2025 enlisted as
below:
Business Numbers: AUM
increased 16.01 % y-o-y to Rs. 546.58 crs.
The Company disbursed Rs. 24.41 crs in the quarter
under review.
Income Growth: Interest
income grew by 11.01% y-o-y and Net Interest Margin (NIM) stands
at 6.61 %
Asset Quality: PAR
(0+ days past due) stood at 5.18 %, of which GNPA
stands at 1.65 % and NNPA stands at 1.13 %
as of June 30, 2025
Profitability: Profit
before Tax stood at Rs. 1.77 crs and PAT at Rs. 1.38 crs
Liability: Star
HFL has strong relationships with Banks and FIs to aid the loan book growth.
Current borrowings stand at Rs. 391.91 crs. The liability pipeline remains
strong and is planned as per the business plan
NCD Issuance: The
board has approved fund raise through issuance of Non-Convertible Debentures
(NCDs) of up to Rs. 50 crs
Dividend payout: Star
HFL has recommend final dividend of 10p per share, subject to shareholder
approval in the ensuing AGM
Capitalization: Net-worth
as of Jun 30, 2025 stands at Rs. 145.43 crs. Leverage levels
remained at 2.69x. The board has approved the increase in
authorized share capital of the company to Rs. 125 crores from current Rs. 50
crores, subject to shareholder approval in the ensuing AGM
Ratings: Star HFL
is rated as BBB / Stable by CARE & India ratings. India Ratings have
affirmed rating of BBB / Stable for proposed NCDs.
|
Operating & Financial Performance (In crs) |
Q1 FY2025-26 |
Q1 FY2024-25 |
|
Assets Under Management |
546.58 |
471.41 |
|
GNPA (%) |
1.65% |
1.57% |
|
NNPA (%) |
1.13% |
1.12% |
|
PBT |
1.77 |
3.91 |
|
PAT |
1.38 |
3.02 |
|
Borrowing Outstanding |
391.91 |
335.35 |
|
Net Worth |
145.43 |
137.77 |
|
Leverage(x) |
2.69x |
2.43x |
Speaking on the performance for the period, Mr.
Kalpesh Dave CEO of Star HFL said, “We are continuing to navigate through the
challenging times by consciously calibrating business while maintaining asset
quality. As credit offtake is slowly building, we are confident to build
leverage & deploy funds through our branch network. Our focus continues to
be on the low-ticket housing customers who are first time home buyers. This DNA
shall remain intact as we scale up. We are working towards strengthening our
capital base, subject to all approvals, which will help us to take a leap in
the AUM build-up without compromising on asset quality. We look forward to grow
from hereon and will remain focused on creating value for all stakeholders.”
About Star Housing Finance Limited (Star HFL)
Star Housing Finance Limited (Star HFL) is BSE listed
rural focused housing finance company. The Company has been operational in the
low-cost housing finance space since 2009. Star HFL provides long term housing
finance assistance to EWS/LIG families towards purchase/construction of
low-cost housing units (affordable housing) in its operational geographies.
Star HFL is a professionally managed Company with a presence across states of
Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, NCR and Tamil Nadu. Star HFL
is registered as a Primary Lending Institution (PLI) under the Pradhan Mantri
Awas Yojana (PMAY) and has received subsidy for its qualified customers under
CLSS scheme. Star HFL is headquartered in Mumbai, Maharashtra
