• FY27 Growth Guidance: Can Fin Homes is projecting roughly 14% AUM growth and ₹13,000 crore in disbursements for FY27, up from ₹10,531 crore in FY26. Management also guided for a 2.75% spread, a 3.75% NIM, and a credit cost of approximately 15 basis points.
• Prepayment Mitigation Strategy: Elevated prepayments and balance transfer outs of around ₹6,500 crore shaved 2% off FY26 AUM growth. To reduce customer attrition, the company transitioned over 85% of its loan portfolio to quarterly interest resets, down from more than 70% on annual resets earlier in the year.
• Regional Market Recovery: Delays caused by the transition to digital e-Khata systems in Karnataka and Telangana have eased in urban centers. Karnataka's disbursement growth is projected to exceed 15% in FY27 after exiting FY26 at a run rate of roughly ₹290 crore per month.
• IT Spend & Sourcing: The cost-to-income ratio rose to 19.8% due to salary revisions and an upcoming IT transformation project going live in Q1 FY27, which will add approximately ₹40 crore in net annual IT expenses. The digital overhaul and direct sales expansion aim to reduce DSA sourcing dependence from 80% to 60% by 2028.
• CVC Jurisdiction Clarification: Addressing reports regarding a High Court-ordered CVC probe into procurement practices, management clarified that Can Fin Homes is a private entity with Canara Bank holding under 30%, making CVC jurisdiction legally inapplicable.