Sundaram Home Finance FY26 Net Profit up 15% at Rs. 282crores
Emerging Business Disbursement crosses milestone of Rs.
500 crores
Chennai, May 5, 2026: Sundaram Home Finance, the wholly
owned subsidiary of Sundaram Finance Ltd., has registered a 15% rise in its net
profit for the year ended 31st March 2026 at Rs. 282crores as
compared to Rs. 245crores registered in the same period the previous year.
Disbursements for the year ended 31st March 2026 went up 5% to Rs. 6842crores
as compared to Rs. 6517crores registered in the corresponding period of the
previous year.
AUM up 14% at Rs. 19909cr
Assets under Management registered a 14% rise at Rs. 19909crores
as on 31st March 2026 as compared to Rs. 17428crores as on 31st
March 2025.
Emerging Business crosses Rs. 500cr disbursement
The disbursements in the Emerging Business segment
comprising of Affordable Housing finance and small ticket loans crossed the
milestone of Rs. 500crores in FY26 and ended the year with Rs. 590crores
compared to Rs. 229crores registered in the previous year. During the year, the
company also crossed the milestone of 100 Emerging Business branches.
The company added over 500 employees and close to 5000
customers during the year.
D. Lakshminarayanan, MD, Sundaram Home Finance
Commenting on the performance, D. Lakshminarayanan, MD,
Sundaram Home Finance said, “Our prime business continues to do well. The emerging
business has expanded to Karnataka, Andhra and Telangana on the back of an
established presence in TN. The emerging business segment saw a strong growth
with its disbursements more than doubling in FY26. The contribution of this
segment to the overall disbursements is now close to 10%. With our continued
focus and expansion in this segment, we are confident of continuing the growth
trajectory."
On the outlook for the year, Lakshminarayanan said, "In
both the prime and the emerging business segment, we believe there are
significant opportunities available in the mid-tier and smaller towns. Our
expansion into new Tier 4 and 5 towns will drive our growth in the emerging business
segment this year."
Sundaram Home Finance provides
home loans, plot loans, home improvement & extension loans, affordable
housing finance, loans against property and small ticket loans to
entrepreneurs.
