Sundaram Home Finance, the wholly owned subsidiary of Sundaram Finance, has posted a 15% rise in net profit during FY26 at Rs 282 crore compared to Rs 245 crore in FY25. The company's Assets under Management (AUM) stood at Rs 19,909 crore as of March 31, 2026, reflecting a growth of 14% over Rs 17,428 crore in the previous fiscal year.
Disbursement Growth
Disbursements during FY26 were at Rs 6,842 crore, an increase of 5% when compared to Rs 6,517 crore in FY25. The disbursements in the 'Emerging Business' segment, which comprises affordable housing finance and small ticket loans, increased significantly to Rs 590 crore during FY26 from Rs 229 crore in the previous year, the company said in a statement.
Management Commentary
D Lakshminarayanan, Managing Director of Sundaram Home Finance, noted that the emerging business segment saw strong growth with its disbursements more than doubling in FY26. He highlighted significant opportunities in mid-tier and smaller towns, stating, "Our expansion into new Tier 4 and 5 towns will drive our growth in the emerging business segment this year."
The company continues to focus on expanding its footprint in underserved areas, aiming to capitalize on the growing demand for affordable housing and small ticket loans across smaller towns and cities.
