Metro India News | chennai

Repco Home Finance Limited (RHFL) announced its financial results for the fourth quarter and financial year ended March 31, 2025. The Board of Directors approved the results, which were prepared in accordance with Indian Accounting Standards (IND AS), highlighting steady growth across key performance indicators and significant improvement in asset quality.

As of March 31, 2025, RHFL’s loan book grew 7% year-on-year to Rs 14,492 crore, up from Rs 13,513 crore. The portfolio continued to be retail-focused, with 100% retail loans. Of the total, 52% were loans to non-salaried borrowers and 48% to salaried individuals. Housing loans comprised 73% of the book, while home equity loans accounted for the remaining 27%.

The company reported a substantial improvement in asset quality, Gross NPAs declined to Rs 473 crore (3.3%) from Rs 552 crore (4.1%) a year earlier. Net NPAs stood at Rs 191 crore (1.3%), slightly lower than Rs 192 crore (1.5%) in FY24. Provisions for expected credit losses totaled Rs 433 crore, representing 3% of loan assets, with stage-3 assets having a coverage ratio of 59.6%.

Compared to Q3 FY25, RHFL delivered solid sequential growth in loan sanctions increased 31% to Rs 1,059 crore, disbursements rose 28% to Rs 975 crore, Net profit grew 8% to Rs 115 crore and return on assets (RoA) and return on equity (RoE) improved to 3.3% and 15.1%, respectively.  

Compared to Q4 FY24, the company showed year-on-year growth: Sanctions and disbursements grew by 8% and 9%, respectively, total income increased by 10% to Rs 435 crore, Net interest income rose to Rs 180 crore, up 5% and Net profit registered a 6% growth to Rs 115 crore. The company maintained a capital adequacy ratio (CAR) of 34.7%, significantly above the regulatory requirement of 15.0%, reflecting its strong capital position.