Repco Home Finance kicked off FY27 with a mixed bag in Q1. Total income grew 6% YoY to ₹468 Cr, and net profit rose 5.5% YoY to ₹114 Cr.

The loan book expanded a healthy 8.9% YoY to ₹15,990 Cr, though fresh sanctions & disbursements saw a sequential dip.

Asset quality improved significantly YoY, with Gross NPAs dropping to 2.7% (from 3.3% last year) and Stage-2 assets at 7.2% (from 9.7% last year). The company continues its network expansion, now operating 242 branches, focusing on under-penetrated markets.

Its loan mix remains diversified with 53.5% non-salaried and 70.8% housing loans.

Profitability metrics were stable: NIM at 5.4%, ROA at 2.9%, and ROE at 12.7%. Cost to Income ratio saw a QoQ improvement to 26.0%.