Repco Home Finance reports Rs 114.15 cr profit in Q1 FY27
Disbursements were above last year but below the previous quarter, while GNPA edged up to 2.7% sequentially.
Filed 11 Aug 2026, 18:04 IST · after market close · REPCOHOME (REPCOHOME)
Key takeaways
- Standalone net profit was Rs 114.15 cr, with operating profit of Rs 409.21 cr before Rs 251.29 cr of interest.
- Loan disbursements reached Rs 843 cr, above Rs 829 cr in Q1 FY26 but below Rs 1,186 cr in Q4 FY26.
- GNPA rose to 2.7% from 2.6% sequentially, while remaining below 3.3% a year earlier.
Interest absorbed much of the operating profit
Repco Home Finance reported standalone operating profit of Rs 409.21 cr, equivalent to an 87.49% operating margin, but interest of Rs 251.29 cr was the largest charge below that line. Other income was only Rs 0.2 cr, so the Rs 147.74 cr profit before tax was generated almost entirely through operations after interest.
Disbursements improved from last year but slowed from Q4
Loan disbursements were Rs 843 cr in Q1 FY27, compared with Rs 829 cr in Q1 FY26 and Rs 1,186 cr in Q4 FY26. Sanctions followed the same pattern at Rs 938 cr, above Rs 907 cr a year earlier but below Rs 1,320 cr in the preceding quarter. Management said the company has grown by deepening its presence in existing regions and expanding into new regions.
Asset quality weakened sequentially
Management reported GNPA at 2.7%, up from 2.6% in Q4 FY26 but below 3.3% in Q1 FY26. Stage-2 assets also increased to 7.2% from 7.0% sequentially, although they remained below 9.7% a year earlier.
Results were filed after market close
The company filed its Q1 FY27 results after market close on 11 August 2026. There is therefore no post-results price reaction to interpret in this note.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹468 cr |
| Other income | ₹0 cr |
| Expenses | ₹58 cr |
| Operating profit | ₹409 cr |
| Operating margin (%) | 87.49% |
| Interest | ₹251 cr |
| Depreciation | ₹10 cr |
| Profit before tax | ₹148 cr |
| Tax | ₹34 cr |
| Net profit | ₹114 cr |
| EPS (₹) | ₹18.25 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
This quarter
- Loan sanctions were Rs. 938 crores in Q1 FY27, compared with Rs. 1,320 crores in Q4 FY26 and Rs. 907 crores in Q1 FY26.
- Loan disbursements were Rs. 843 crores in Q1 FY27, compared with Rs. 1,186 crores in Q4 FY26 and Rs. 829 crores in Q1 FY26.
Expansion
- The company has grown by deepening its reach in existing regions and expanding to new regions.
Problems & risks
- GNPA increased to 2.7% in Q1 FY27 from 2.6% in Q4 FY26, though it was below 3.3% in Q1 FY26.
- Stage-2 assets increased marginally to 7.2% in Q1 FY27 from 7.0% in Q4 FY26.
What to watch
- Whether loan disbursements move above Rs 843 cr after falling from Rs 1,186 cr in Q4 FY26.
- Whether loan sanctions recover from Rs 938 cr after Q4 FY26's Rs 1,320 cr.
- Whether GNPA stays at or below 2.7% and stage-2 assets at or below 7.2%.