Repco Home Finance Limited (RHFL) held an Earnings Conference Call on February 6, 2026, to discuss its Q3 FY2026 financial performance. The company reported disbursements of ₹1,064 Crore for the quarter ended December 2025, marking a significant 40% year-on-year growth compared to December 2024. This performance is notable as Q1 and Q3 typically see lower disbursements, but RHFL managed to break this trend. The Assets Under Management (AUM) stood at ₹15,394 Crore as of December 2025, an 8.8% increase from ₹14,155 Crore in the previous year. The company also reported a reduction in Gross Non-Performing Assets (NPA), which decreased to ₹449.53 Crore from ₹475 Crore at the end of September 2025. Stage 2 assets also saw a substantial reduction, falling to ₹1,235 Crore from ₹1,323 Crore in Q2 FY2026. RHFL's borrowings stood at ₹11,769 Crore at the end of December 2025. The cost of funds reduced by 30 basis points year-on-year, from 8.75% to 8.45%, with a 20 basis points reduction passed on to borrowers. The net interest margin (NIM) was reported at 5.41% and return on assets at 2.89%. In terms of shareholder returns, the Board declared an interim dividend of 20% for the current quarter, bringing the total interim dividend for the financial year to 45%, an increase from 40% in the previous financial year. Looking ahead, the company has set a disbursement target of ₹4,000 Crore for the current financial year and aims to reach an AUM of ₹16,200 Crore. For FY2027, the disbursement target is set at approximately ₹5,000 Crore. Management expressed confidence in achieving these targets, citing improved sourcing channels and enhanced credit policies.
