India Shelter Finance Q4 FY26 profit rises 25% on ₹410 cr

Key takeaway from the March 2026 quarter

India Shelter Finance Corporation reported a strong March 2026 quarter, led by higher income and improved profitability. The company’s standalone net sales rose to ₹410.65 crore, while standalone net profit increased to ₹140.06 crore. On a consolidated basis, reported Q4 net profit was about ₹138 crore, supported by revenue around ₹410 crore. The results were taken on record after a Board meeting held on May 02, 2026.

Standalone performance: income, profit, and EPS

For the quarter ended March 2026, standalone net sales stood at ₹410.65 crore, up 25.59% from ₹326.99 crore in March 2025. Standalone net profit came in at ₹140.06 crore, up 29.79% from ₹107.92 crore a year earlier. EBITDA was reported at ₹300.79 crore, up 23.33% from ₹243.89 crore in March 2025. Earnings per share (EPS) increased to ₹12.89 in March 2026 from ₹10.01 in March 2025. The operating trend over the year also shows sequential improvement, with quarterly operating revenue rising from ₹326.99 crore in March 2025 to ₹410.65 crore in March 2026.

Consolidated Q4 snapshot: rounded vs detailed numbers

In the company’s Q4 communication, consolidated net profit for Q4 was cited at about ₹138 crore compared with about ₹110 crore in the same quarter last year, indicating roughly 25% year-on-year growth. Consolidated revenue for the quarter was also cited at about ₹410 crore versus about ₹327 crore in Q4 FY25, a rise of around 25%. In the detailed quarterly comparison shared alongside the update, the March 2026 quarter showed total revenue of ₹408.27 crore and net profit of ₹137.59 crore, versus ₹327.42 crore and ₹108.13 crore, respectively, in March 2025. These differences appear to be rounding and classification differences across summaries, but the direction is consistent: revenue and profit increased materially year-on-year.

QoQ trend: March 2026 vs December 2025

The quarter-on-quarter picture in the comparison table indicates continued momentum from December 2025 to March 2026. Total revenue rose from ₹389.76 crore in December 2025 to ₹408.27 crore in March 2026, a QoQ increase of 4.7%. Operating profit increased from ₹276.76 crore to ₹298.27 crore, up 7.8% QoQ. Net profit increased from ₹124.07 crore to ₹137.59 crore, up 10.9% QoQ. These sequential gains are consistent with the standalone quarterly income progression shown in the operating revenue table.

Full-year FY26 numbers: profit and revenue expansion

For FY26, consolidated net profit rose 33.15% to ₹503.15 crore, compared with ₹377.87 crore in FY25. Consolidated sales increased 31.12% to ₹1,528.39 crore in FY26, compared with ₹1,165.64 crore in FY25. Another full-year profit disclosure in the update stated profit after tax for FY26 at ₹503.1468 crore (from ₹50,314.68 lakh) versus ₹377.8734 crore (from ₹37,787.34 lakh) in the prior year, aligning closely with the rounded annual figures. Taken together, the full-year numbers indicate a higher scale of operations and improved profitability versus the previous year.

Management commentary and operating context shared earlier

In an earlier update for the quarter ended December 31, 2025, the company highlighted business traction across assets and profitability metrics. Gross Managed Assets as of Q3 FY26 were reported at ₹10,365 crore, reflecting 31% year-on-year growth. The company also reported Q3 FY26 disbursements of ₹977 crore, up 11% year-on-year. Profit after tax for Q3 FY26 was stated at ₹128 crore, reflecting 33% year-on-year growth and 5% quarter-on-quarter growth, with the disclosure noting exclusions for a one-time impact related to new labor codes. Return on equity (RoE) for Q3 FY26 was reported at 17.1% on the same basis.

Stock and disclosure timeline

India Shelter shares closed at ₹809.60 on April 29, 2026 on the NSE, as cited in the data provided. The Q4 and FY26 results were referenced as being considered after a Board meeting held on May 02, 2026. Separately, the company’s quarterly result table lists a steady progression in operating revenue across quarters from March 2025 through March 2026.

Table: Q4 FY26 key numbers reported

Table: FY26 vs FY25 consolidated performance

Why these results matter for the housing finance space

The reported numbers point to broad-based growth in both revenue and profitability, with Q4 year-on-year gains of roughly 25% across key parameters. Sequential improvement from December 2025 to March 2026 suggests operating momentum continued into the final quarter. The annual profit increase of over 33% and revenue growth of over 31% indicate that scale expanded through FY26. The earlier Q3 update adds operating context through managed assets and disbursements, which are central indicators for housing finance companies.

Conclusion

India Shelter Finance closed FY26 with higher quarterly and annual profitability, supported by higher revenue and improved earnings per share. The Q4 performance was backed by both year-on-year and quarter-on-quarter gains in reported consolidated metrics. The company’s disclosures also tie the performance to business expansion indicators such as managed assets and disbursements reported during FY26. Investors will track subsequent disclosures for updated asset quality, funding costs, and growth indicators in the next set of quarterly results.