Report on Housing Finance Companies

ICRA RESEARCH SERVICES

Contacts:

Karthik SrinivasanICRA RATING FEATURE +91 22 61143444 [email protected]

Supreeta Nijjar

Neha Kadiyan +91 124 4545321 [email protected]

Deeksha Agarwal +91 124 4545833 [email protected] Report on Housing Finance Companies

Key financial and operational statistics of the housing finance companies extracted from ICRA’s databases, presented in a format convenient to read and understand

September 2018

Contents Key Statistics - HFCs ...... 3 ALL HFCs ...... 4 SMALL HFCs ...... 10 ALL HFCs OPERATING IN AFFORDABLE HOUSING FINANCE SPACE ...... 13

Key HFC-wise Statistics – Large HFCs ...... 19 HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED ...... 20 LIC HOUSING FINANCE LIMITED ...... 23 DEWAN HOUSING FINANCE CORPORATION LIMITED ...... 26 INDIABULLS HOUSING FINANCE LIMITED ...... 29 PNB HOUSING FINANCE LIMITED ...... 32

Key HFC-wise Statistics – Small HFCs ...... 35 GRUH FINANCE LIMITED ...... 36 TATA CAPITAL HOUSING FINANCE LIMITED ...... 39 CAN FIN HOMES LIMITED ...... 42 ICICI HOME FINANCE LIMITED ...... 45 GIC HOUSING FINANCE LIMITED ...... 48 MAGMA HOUSING FINANCE LIMITED ...... 51 REPCO HOME FINANCE LIMITED ...... 54 SUNDARAM BNP PARIBAS HOME FINANCE LIMITED ...... 57 L & T HOUSING FINANCE LIMITED ...... 60

Key HFC-wise Statistics – HFCs in affordable housing finance space ...... 63 AAVAS FINANCIERS LIMITED ...... 64 APTUS VALUE HOUSING FINANCE INDIA LIMITED ...... 67 SHUBHAM HOUSING DEVELOPMENT FINANCE COMPANY PRIVATE LIMITED ...... 70 RELIGARE HOUSING DEVLOPMENT FINANCE CORPORATION LIMITED ...... 73 INDIA SHELTER FINANCE CORPORATION LIMITED ...... 76 MICRO HOUSING FINANCE CORPORATION LIMITED ...... 79 SHRIRAM HOUSING FINANCE LIMITED ...... 82 ASPIRE HOME FINANCE CORPORATION LIMITED ...... 85 MUTHOOT HOMEFIN INDIA LIMITED ...... 88 FULLERTON INDIA HOME FINANCE COMPANY LIMITED ...... 91 HOME FIRST FINANCE COMPANY INDIA (P) LIMITED ...... 94

ICRA Limited P a g e | 2

Source: Company financials and presentations

CORPORATE OFFICE

Building No. 8, 2nd Floor, Tower A; DLF Cyber City, Phase II; Gurgaon 122 002 Tel: +91 124 4545300; Fax: +91 124 4050424 Email: [email protected], Website: www.icra.in

REGISTERED OFFICE 1105, Kailash Building, 11th Floor; 26 Kasturba Gandhi Marg; New Delhi 110001 Tel: +91 11 23357940-50; Fax: +91 11 23357014

Branches: Mumbai: Tel.: + (91 22) 30470000/24331046/53/62/74/86/87, Fax: + (91 22) 2433 1390 Chennai: Tel + (91 44) 45964300, Fax + (91 44) 2434 3663 Kolkata: Tel + (91 33) 2287 8839 /2287 6617/ 2283 1411/ 2280 0008, Fax + (91 33) 2287 0728 Bangalore: Tel + (91 80) 43326400 Fax + (91 80) 43326409 Ahmedabad: Tel + (91 79) 2658 4924/5049/2008, Fax + (91 79) 2658 4924 Hyderabad: Tel +(91 40) 2373 5061/7251, Fax + (91 40) 2373 5152 Pune: Tel + (91 20) 2556 1194/0195/0196, Fax + (91 20) 2556 1231

All information contained herein has been obtained by ICRA from sources believed by it to be accurate and reliable. Although reasonable care has been taken to ensure that the information herein is true, such information is provided 'as is' without any warranty of any kind, and ICRA in particular, makes no representation or warranty, express or implied, as to the accuracy, timeliness or completeness of any such information. Also, ICRA or any of its group companies, while publishing or otherwise disseminating other reports may have presented data, analyses and/or opinions that may be inconsistent with the data, analyses and/or opinions presented in this publication. All information contained herein must be construed solely as statements of opinion, and ICRA shall not be liable for any losses incurred by users from any use of this publication or its contents.

ICRA Limited P a g e | 3

Business Contacts Mr. L. Shivakumar Mr. Jayanta Chatterjee E-mail: [email protected] E-mail: [email protected] Tel: +91 22 6114 3406 / +91 98210 86490 Tel: +91 80 4332 6401/ +91 98450 22459 Media and Public Relations Ms. Naznin Prodhani Ms. Malika Munjal E-mail: [email protected] E-mail: [email protected] Tel: +91 124 4545 860 Tel: +91 124 4545 840 Branches Registered Office: Corporate Office: 11th nd 1105, Kailash Building, Floor, Building No.8, 2 Floor, 26, Kasturba Gandhi Marg, Tower A, DLF Cyber City Phase II, New Delhi - 110 001 Gurgaon- 122 002 Tel: + 91 11 2335 7940-45 Tel: +91 124 4545300 Ahmedabad Bengaluru 1 Bengaluru 2 2nd 907 & 908, Sakar – II, 'The Millenia', Tower- B, Floor, Vayudooth Chamber, 10th Ellisbridge, Opp. Town Hall, Unit No. 1004, Floor,1 & 2 Murphy Road, 15-16, Trinity Circle, M.G. Road, Ahmedabad - 380 006 Bengaluru - 560 008 Bengaluru - 560 001 Tel: +91 79 4027 1500/01 Tel: +91 80 4332 6400 Tel: +91 80 4922 5500

Chennai Hyderabad 1 Hyderabad 2 5th 3rd th Floor, Karumuttu Centre, No. 7-1-58, 301, Floor, 'CONCOURSE', 4A, 4 Floor, SHOBHAN, 634, Anna Salai, Nandanam Above SBI-HPS Branch, 6-3-927, A&B Somajiguda, Chennai - 600 035 Ameerpet, Raj Bhavan Road, Tel: +91 44 4596 4300 Hyderabad - 500 016 Hyderabad – 500082 Tel: +91 40 4920 0200 Tel: +91 40 40676500 Kolkata Mumbai Pune 3rd 3rd 5th A-10 & 11, Floor, FMC Fortuna 234/3A, Floor, Electric Mansion 5A, Floor, Symphony, S. No. 210 A.J.C. Bose Road, Appasaheb Marathe Marg, Prabhadevi, CTS 3202 Range Hills Road, Shivajinagar, Kolkata -700 0202 Mumbai - 400 025 Pune - 411 020 Tel: +91 33 7150 1100/01 Tel: +91 22 6169 3300 Tel: +91 20 2556 1194

ICRA Limited P a g e | 4