GIC Housing Finance Ltd

GIC Housing Finance Ltd. announced the allotment of 10,000 Non-Convertible Debentures (NCDs) with a face value of Rs 1,00,000 each, totaling Rs 100 crores, on a private placement basis via the Electronic Book Provider (EBP) platform of BSE Limited on September 28, 2026; KIRI Industries Limited was identified as an allottee for Series 12 Tranche 2, which has an offer size of Rs 100 crores and an interest rate of 8.15% p.a.

GIC Housing Finance Ltd. announced that shareholders approved the appointment of Smt. Arumugam Manimekhalai (DIN: 08411575) as an Independent Director for a five-year term, effective September 26, 2026, following a postal ballot concluded on September 28, 2026.

GIC Housing Finance Ltd. announced that Rani Singh Nair has ceased to be an Independent Director and chairperson of board committees, effective close of business hours on September 25, 2026, due to the completion of her second three-year term, which began September 26, 2023.

GIC Housing Finance Ltd. informed the BSE Limited that the trading window for its directors, promoters, designated officers, connected persons and their immediate relatives will be closed from Wednesday, September 30, 2026, until the announcement of financial results for the second quarter and half year ending September 30, 2026, with the window reopening 48 hours after public disclosure.

GIC Housing Finance Ltd announced the receipt of credit ratings from CRISIL Ltd. on September 18, 2026, pertaining to its Long Term Bank Facility aggregating to Rs. 8100 crs, Short Term Bank Facility aggregating to Rs. 1000 crs, NCDs aggregating to Rs. 500 crs, NCDs aggregating to Rs. 430 crs (reduced from Rs. 1030 Crs), NCDs aggregating to Rs. 500 crs, and Commercial Paper aggregating to Rs. 1500 crs; CRISIL Ltd. has re-affirmed the ratings of AA+ (Stable) for the Long Term Bank Facility, AA+ (Stable) for NCDs aggregating to Rs. 500 crs, and AA+ (Stable) for NCDs aggregating to Rs. 430 crs, while also re-affirming A1+ for the Short Term Bank Facility and Commercial Paper aggregating to Rs. 1500 crs, with a new limit enhancement assigned to NCDs aggregating to Rs. 500 crs, and all ratings were verified on September 18, 2026, with no outlook assigned to the Short Term Bank Facility and Commercial Paper.

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.