• Financial performance and margins: Can Fin Homes reported a 29% year-on-year disbursement growth in Q1, achieving a net interest margin of 3.81% and a spread of 2.83%, with management guiding to maintain NIM at 3.75% and spread at 2.81% in Q2.
• Asset quality metrics: Gross NPA remained below 1%, with total SMA 1, SMA 2, and NPA values lower in absolute terms compared to March, supporting a full-year credit cost guidance capped at 10 basis points.
• Portfolio mix target: The company is focusing on non-housing and self-employed non-professional (SENP) segments to shift its housing to non-housing portfolio mix from 84:16 to 80:20 by 2028.
• Branch network expansion: Can Fin Homes aims to open 28 new branches before the end of September to expand its network from 249 to 277, targeting expansion primarily in the North, West, Andhra Pradesh, Karnataka, and Telangana.