GIC Housing Finance Ltd

GIC Housing Finance Ltd. announced that it has made an interest payment of Rs 1518 crore on its NCDs with Scrip Code 976944, listed on the BSE, with a due date of August 24, 2026, as per regulations of the Securities and Exchange Board of India.

GIC Housing Finance Ltd. reported that it made an interest payment of Rs 248.40 crore and redeemed Rs 300 crore of its non-convertible debentures with Scrip Code 976182 listed on the BSE on August 21, 2026. The interest payment related to ISIN INE289B07099, which had an issue size of Rs 300 crore, and the redemption was for a quantity of 30,000 NCDs, marking the maturity date for the debentures.

GIC Housing Finance Ltd. announced the appointment of Shri S.R. Ravi as Head of Operations Department, effective August 21, 2026, following a recommendation from the Nomination and Remuneration Committee. Concurrently, Smt. Paba Koshy will cease to serve as Head of the Operations Department but will continue in her role as Chief Financial Officer (CFO) of GIC Housing Finance Ltd.

GIC Housing Finance Ltd share price slipped 1.31% to Rs 139.85 after the company's net profit tanked by 81.22% to Rs 10.08 crore, while revenue from operations slipped slightly by 1.99% to Rs 265.28 crore in Q2FY26 over Q1FY26. The market capitalization of Housing Finance Company industry group stocks on BSE stood at Rs 2.68 lakh crore, easing 4.10%. It has softened by 2.07% over last one week and crept higher by 1.12% in last one month while the market capitalization of GIC Housing Finance Ltd has eased by 7.35% and 6.36% in the same period respectively. Profit before tax (PBT) of GIC Housing Finance Ltd stood at Rs 17.74 crore in Q2 FY26, crashing by 187.35% year-on-year, and nosediving by 72.02% quarter-on-quarter. EBITDA came in at Rs 20 crore, tanking 213.33% YoY and tumbling by 68.57% sequentially. Total expenses went up by 18.83% to Rs 249.63 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 22.86 crore, falling 8.92% YoY. For the TTM ended FY26, revenue from operations inched higher 1.32% to Rs 1068.84 crore, while net profit eased 3.49% to Rs 154.82 crore, compared to previous TTM. EBITDA soared by 20968% to Rs 168.07 crore, and PBT tumbled by 22.98% to Rs 159.21 crore compared to previous TTM. GIC Housing Finance Ltd plunged by 20.22% in last one year, underperforming the benchmark BSE Sensex which has softened by 4.36% during the same period.

GIC Housing Finance Ltd share price slipped 1.47% to Rs 150.95 after the company's net profit plunged by 81.22% to Rs 10.08 crore, while revenue from operations softened by 1.99% to Rs 265.28 crore in Q2FY26 over Q1FY26. The market capitalization of Housing Finance Company industry group stocks on BSE stood at Rs 2.71 lakh crore, declining 2.29%. It has eased by 2.01% over last one week and gained upto 1.13% in last one month while the market capitalization of GIC Housing Finance Ltd has slipped by 0.40% and 1.94% in the same period respectively. Profit before tax (PBT) of GIC Housing Finance Ltd stood at Rs 17.74 crore in Q2 FY26, plunging by 187.35% year-on-year, and tumbling by 72.02% quarter-on-quarter. EBITDA came in at Rs 20 crore, tanking 213.33% YoY and nosediving by 68.57% sequentially. Total expenses advancing by 18.83% to Rs 249.63 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 22.86 crore, dropping 8.92% YoY. For the TTM ended FY26, revenue from operations tick up 1.32% to Rs 1068.84 crore, while net profit eased 3.49% to Rs 154.82 crore, compared to previous TTM. EBITDA jumped by 20968% to Rs 168.07 crore, and PBT collapsed by 22.98% to Rs 159.21 crore compared to previous TTM. GIC Housing Finance Ltd crashed 15.76% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.

GIC Housing Finance Ltd. announced the receipt of credit ratings from ICRA Ltd. on August 7, 2026, pertaining to various instruments including Long Term Bank Facilities aggregating to Rs. 9000 crores, Short Term Bank Facilities aggregating to Rs. 1000 crores, NCDs aggregating to Rs. 1230 crores, NCDs aggregating to Rs. 500 crores, NCDs aggregating to Rs. 300 crores, and Commercial Paper aggregating to Rs. 1500 crores; ICRA Ltd. re-affirmed the rating of ICRA AA+ with a stable outlook for the Long Term Bank Facility, Short Term Bank Facility, and NCDs aggregating to Rs. 1230 crores, and re-affirmed the rating of ICRA A1+ for the Commercial Paper aggregating to Rs. 1500 crores, while also assigning a limit enhancement for NCDs aggregating to Rs. 500 crores and withdrawing a rating for NCDs aggregating to Rs. 300 crores, with all rating actions verified on August 7, 2026.

GIC Housing Finance Ltd. informed the BSE Limited that shareholders at the company’s 36th Annual General Meeting held on August 4, 2026, approved the re-appointment of Shri Hitesh Joshi, Smt. Rajeshwari Singh Muni, and Shri Sunil Kakar, and approved Material Related Party Transactions with Promoter Companies up to an aggregate limit of Rs 1,000 crores, and a Private Placement of Redeemable Non-Convertible Debentures (NCDs)/Bonds up to an aggregate outstanding limit of Rs 2,500 crores.

GIC Housing Finance Ltd. announced that Asit Kumar Nandi has joined the company as Chief Compliance Officer, effective August 3, 2026, as previously disclosed on July 14, 2026.

GIC Housing Finance Ltd announced that ESG Risk Assessments & Insights Limited, a SEBI-registered ESG Rating Provider, has assigned an ESG rating of “63” to the company, an enhancement from its previous rating of “55,” as of July 31, 2026, at 08.24 P.M.; the rating was based on independent research and publicly available information, with the company noting it did not engage the rating provider or provide inputs. The rating pertains to the company’s Equity (Scrip Code: 511676) and its Non-Convertible Debentures (NCDs) with codes 976182, 976944, 976945, 977277, 977579, and 978009, as well as its Commercial Papers (CPs) with codes 731198, 731633, 731766, 731787, 731886, 731962, 732053, and 732160; no withdrawals or further assignments were indicated by any other rating agencies.

GIC Housing Finance Ltd. will hold a board meeting on Wednesday, August 12, 2026, to consider and approve the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, along with limited review reports by the statutory auditor. The company closed the trading window for securities from Tuesday, June 30, 2026, to Friday, August 14, 2026, in accordance with SEBI regulations.