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Sundaram Home Finance FY26 net profit up 15% at ₹282 crore
2026-05-05 · via Business News Today: Latest Business News, Finance News
D Lakshminarayanan, MD, Sundaram Home Finance

D Lakshminarayanan, MD, Sundaram Home Finance | Photo Credit: cueapi

Sundaram Home Finance, the wholly owned subsidiary of Sundaram Finance, has registered a 15 per cent rise in its net profit for the year ended March 31, 2026 at ₹282 crore as compared to ₹245 crore in the preceding fiscal (FY25).

Disbursements for FY26 went up 5 per cent to ₹6,842 crore as against ₹6,517 crore in FY25. Assets under management went up by 14 per cent at ₹19,909 crore (₹17,428 crore)

The disbursements in the emerging business segment comprising  affordable housing finance and small ticket loans crossed the milestone of ₹500 crore in FY26 and ended the year with ₹590 crore (₹229 crore). During the year, the company also crossed the milestone of 100 emerging business branches while adding over 500 employees and close to 5,000 customers.

“Our prime business continues to do well. The emerging business has expanded to Karnataka, Andhra and Telangana on the back of an established presence in TN. The emerging business segment saw a strong growth with its disbursements more than doubling in FY26. The contribution of this segment to the overall disbursements is now close to 10 per cent. With our continued focus and expansion in this segment, we are confident of continuing the growth trajectory,” D Lakshminarayanan, MD, Sundaram Home Finance said, in a statement.

On the outlook for the year, Lakshminarayanan said that in both the prime and the emerging business segment, the company expects significant opportunities available in the mid-tier and smaller towns. “Our expansion into new Tier 4 and 5 towns will drive our growth in the emerging business segment this year,” he added.

Published on May 5, 2026