Financial

Can Fin Homes Q2 Profit Up 9% to Rs 275 Crore

  • by- Grihik
  • Oct 10, 2026
Can Fin Homes reported a Q2 FY27 profit of Rs 274.61 crore, up 9.2%, with a loan book of Rs 43,539 crore and gross NPA at 0.90%.
Can Fin Homes Q2 Profit Up 9% to Rs 275 Crore

Can Fin Homes, the housing finance arm promoted by Canara Bank, reported a net profit of Rs 274.61 crore for the July-September 2026 quarter, up 9.2% from Rs 251.43 crore a year earlier. First-half profit rose 14.1% to Rs 542.43 crore. The results were approved by the board on Friday, October 9.

The headline numbers

  • Net interest income: about Rs 431-432 crore, up roughly 6.6%

  • Total income: about Rs 1,122 crore

  • Loan book: Rs 43,539 crore, up 10% from Rs 39,657 crore a year ago

  • Asset quality: gross NPA of 0.90%, with net NPA of about 0.4%

  • Capital adequacy: 23.34%, well above regulatory minimums

The softer spot

Disbursements in the quarter were Rs 2,373 crore, down from Rs 2,545 crore a year earlier and Rs 2,609 crore in the first quarter. That is a fall of about 7% year on year (our calculation). For the first half, disbursements were Rs 4,982 crore, up 9%.

 

The margin picture

The yield on the loan book was 9.84% and the cost of borrowing was 7.03%, a gap of about 2.8 percentage points (our arithmetic). That spread is what drives profit for a housing lender, and it matters even more now that the RBI has raised the repo rate.

What it tells us about home loans

Housing loans, including commercial real estate, make up 83% of the company's book. Steady profit with low bad loans suggests borrowers are paying on time. But the slower disbursements hint that new borrowing is cooling a little, just as home loan rates begin to rise.