Geographic expansion may pressure asset quality
Rapid entry into new states (Tamil Nadu, Telangana) could lead to higher delinquencies if underwriting standards are not maintained.
medium · analyst_questionSRG Housing Finance Ltd — Q4 FY26
SRG Housing Finance delivered a strong Q4 FY26 with PAT surging 50% YoY to ₹9 crore, driven by 33% NII growth and stable NIMs of 11.28%.
bullish
high
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Rising ticket sizes and LTV may increase risk
Average ticket size rose 41% YoY and LTV increased from 46.6% to 50.7%, potentially exposing the book to higher losses in a downturn.
medium · data_observationHigh concentration in Rajasthan and Gujarat
77% of AUM is concentrated in Rajasthan and Gujarat, making the portfolio vulnerable to regional economic shocks.
medium · analyst_questionMacroeconomic uncertainty from West Asia crisis
Ongoing geopolitical tensions could indirectly impact self-employed borrowers, though management downplays the risk.
low · analyst_question