Gic Housing Finance Limited

About Gic Housing Finance Limited bond.

This comprehensive profile covers key factual information about Gic Housing Finance Limited. GIC Housing Finance Limited was founded in 1989 by GIC-Re and its erstwhile subsidiaries, National Insurance Company Limited, The New India Assurance Company Limited, The Oriental Insurance Company Limited, and UNet Incometed India Insurance Company Limited, together with UNet Incomet Trust of India (UTI), Industrial Credit and Investment Corporation of India (ICICI), Industrial Finance Corporation of India (IFCI), Housing Development Finance Corporation (HDFC) and State Bank of India (SBI), all of which contributed to the iNet Incometial share Current Assetspital. Later on, HDFC, SBI, ICICI, UTI, and IFCI sold their stakes in GIC HF and ceased to be promoters. As on June 30, 2024, the promoter group held a 42.41% stake in the company, with GIC-Re being the largest shareholder. EPS in Mar-2024 was 28.08. Current ratio in Mar-2024 was 0.42. Debt/Equity in Mar-2024 was 4.72. Debt/EBITDA in Mar-2024 was 39.38. Interest coverage ratio in Mar-2024 was . Operating Current Assetsshflow to total debt in Mar-2024 was 0.06. Total revenue for Mar-2025(E) was ₹1,031.63. Net income for Mar-2025(E) stood at ₹157.17. Total assets as of Mar-2024 were ₹10,470.56. Operating cash flow for Mar-2024 was ₹522.05. The company’s borrowing relationships include Bank of Baroda (₹N/A Cr), Bank of India (₹N/A Cr), Bank of Maharashtra (₹N/A Cr), Central Bank of India (₹N/A Cr), CSB Bank Limited (₹N/A Cr), Federal Bank Limited (₹N/A Cr), HSBC Limited (₹N/A Cr), Indian Bank (₹N/A Cr), Jammu And Kashmir Bank Limited (₹N/A Cr), Karnataka Bank Limited (₹N/A Cr), Kotak Mahindra Bank Limited (₹N/A Cr), National Housing Bank (₹N/A Cr), Punjab National Bank (₹N/A Cr), UCO Bank (₹N/A Cr), UNet Incomeon Bank of India (₹N/A Cr), (₹N/A Cr), Bank of India (₹N/A Cr), UNet Incomeon Bank of India (₹N/A Cr), (₹N/A Cr). Peers and comparison entities consist of Gic Housing Finance Limited, LIC Housing Finance Limited, PNB Housing Finance Limited, Aptus Value Housing Finance India Limited. As of Dec 2024, promoters hold 42.41% while others hold N/A% of equity. Key strengths include: Established track record, focus on salaried home loan segment and granular nature of loan book ; Comfortable Current Assetspitalisation profile; Improved asset quality and solvency; Strong parentage of GIC-Re; Liquidity position: Adequate. Key risks include: Moderate profitability indiCurrent Assetstors; Competitive pressure and higher interest rate risk on account of relatively higher fixed interest rate portfolio. Leadership team details include Paul Lobo (Managing Director and CEO), Varsha Godbole (Senior Vice President and Chief Financial Officer), S A Ramamurthy (Senior Vice President and Head of Credit, Operations, Sales, Marketing, and Admin), Sajid Munshi (Senior Vice President and Head of Collections), Sumeet Kumar (Vice President and Chief Information Officer (CIO) and Head of IT), Muneshwar Basutkar (Assistant Vice President and Head of Internal Audit), Darshit Sheth (Assistant Vice President and Chief Compliance Officer), Net Incomerahankar Nath Verma (Head of Integrity and Core Values Department), R Lalith Kumar (Group Head and Head of Legal Department), Nutan Singh (Group Head and Company Secretary). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.