
About Gic Housing Finance Limited
Data last updated:
Gic Housing Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the housing finance companies segment of the financial services sector. It was incorporated on 12 December 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65922MH1989PLC054583. Its GSTIN is 27AAACG2755R1Z3 (Maharashtra). The company holds 23 GST registrations, of which 22 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 511676 and NSE: GICHSGFIN.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹53.85 Cr. It was formerly known as Gic Grih Vitta Limited. It is led by directors including Sachindra Dattaram Salvi (Managing Director) and Rani Singh Nair.
Its last annual general meeting (AGM) was held on 19 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 6th Floor National Insurance Building 14 Jamshedji Tata Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,082.54 Cr, a growth of 0.3% compared to the previous year. For the same year it recorded a net profit of ₹154.82 Cr (net margin 14.3%) and EBITDA of ₹856.7 Cr (EBITDA margin 79.1%). The net worth stands at ₹2,106.4 Cr (up 7.2% YoY). Total assets are valued at ₹11,225 Cr (up 4.8% YoY).
The company has about 338 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: GIC Housing Finance. As per MCA filings, the company has open charges of ₹15,444 Cr and satisfied charges of ₹28,242 Cr on record. Court records list 2,616 cases involving the company, including 1,822 filed by the company and 795 filed against it; 558 cases are pending. The company has 66 deals on record (65 market trades, 1 debt financing), with disclosed funding of ₹195 Cr; the latest was in November 2025. Its 6 peer companies in the BFSI industry (Finance, Housing Finance), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 3 smaller; the largest is Home First Finance Company India Limited with revenue of ₹1,156.55 Cr. The company has 44 MSME Form 1 returns on record between 2019 and 2024, listing 1,452 overdue payments to 30 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gichfindia.com.
Company details
Contact details
Gic Housing Finance Limited's registered office is in Mumbai, Maharashtra. Its website is gichfindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6th Floor National Insurance Building 14 Jamshedji Tata Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Housing Finance Companies
To see the full contact details of Gic Housing Finance Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Gic Housing Finance operates one associated brand: GIC Housing Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Affordable housing finance services are provided across India. | gichfindia.com |
Business activity
The main business activity of Gic Housing Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Gic Housing Finance Limited, buy the company report.
Financials of Gic Housing Finance Limited
FY 2025-26 filings availableGic Housing Finance Limited reported revenue of ₹1,082.54 Cr (up 0.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 1,083 | 1,079 | 1,060 | 1,123 | 1,152 |
| Revenue growth | +0.3% | +1.8% | -5.6% | -2.5% | - |
| EBITDA | 857 | 915 | 920 | 997 | 936 |
| EBITDA margin | +79.1% | +84.8% | +86.8% | +88.8% | +81.3% |
| Profit before tax | 159 | 207 | 204 | 290 | 230 |
| Net profit | 155 | 165 | 147 | 210 | 172 |
| Net profit margin | +14.3% | +15.3% | +13.8% | +18.7% | +15.0% |
| EPS (₹) | 28.73 | 29.77 | 28.09 | 39.58 | 32.20 |
| Balance sheet | |||||
| Total assets | 11,225 | 10,715 | 10,413 | 10,867 | 11,876 |
| Net worth | 2,106 | 1,965 | 1,829 | 1,699 | 1,511 |
| Total debt | 9,119 | 8,751 | 8,584 | 9,168 | 10,365 |
| Cash & bank | 45.18 | 58.82 | 40.65 | 89.61 | 482 |
| Net working capital | (2.29) | 138 | 132 | 163 | 479 |
| Cash flow | |||||
| Cash from operations | (320) | (17.53) | 522 | 1,043 | 1,286 |
| Cash from investing | 51.74 | (87.02) | 63.50 | (213) | (3.26) |
| Cash from financing | 255 | 122 | (619) | (1,238) | (892) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 267 | 273 | 273 | 272 | 265 | 272 | 269 | 264 |
| Revenue growth (YoY) | +0.5% | +0.4% | +1.3% | +2.8% | -3.1% | - | - | - |
| Other income | 0.61 | 0.77 | 0.02 | 0.19 | 0.08 | 4.16 | 0.96 | 1.66 |
| EBITDA | 194 | 234 | 231 | 236 | 155 | 229 | 238 | 227 |
| EBITDA margin | +73.1% | +86.4% | +85.9% | +88.8% | +59.0% | +85.3% | +89.2% | +86.9% |
| Depreciation | 3.80 | 2.79 | 2.84 | 2.81 | 2.54 | 3.84 | 3.78 | 3.74 |
| Interest | 173 | 168 | 173 | 173 | 173 | 174 | 179 | 177 |
| Profit before tax | 17.74 | 63.40 | 54.86 | 61.26 | (20.31) | 55.62 | 56.47 | 47.70 |
| Tax | 7.66 | 9.72 | 11.17 | 11.23 | (27.73) | 20.42 | 6.76 | 11.18 |
| Net profit | 10.08 | 53.68 | 43.69 | 50.03 | 7.42 | 35.20 | 49.71 | 36.52 |
| EPS (₹) | 1.87 | 9.97 | 8.11 | 9.29 | 1.38 | 6.54 | 9.23 | 6.78 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,082 | 1,079 | 1,060 | 1,123 | 1,152 | 1,232 | 1,252 |
| Revenue growth | +0.3% | +1.8% | -5.6% | -2.5% | -6.5% | -1.6% | - |
| EBITDA | 856 | 915 | 920 | 997 | 936 | 955 | 1,062 |
| EBITDA margin | +79.1% | +84.8% | +86.8% | +88.8% | +81.3% | +77.5% | +84.8% |
| Profit before tax | 159 | 206 | 204 | 290 | 230 | 135 | 112 |
| Net profit | 154 | 170 | 151 | 210 | 172 | 106 | 45.61 |
| Net profit margin | +14.3% | +15.8% | +14.3% | +18.7% | +15.0% | +8.6% | +3.6% |
| EPS (₹) | 28.67 | 29.73 | 28.05 | 39.57 | 32.21 | 19.59 | 8.47 |
| Balance sheet | |||||||
| Total assets | 11,224 | 10,715 | 10,413 | 10,867 | 11,876 | 12,583 | 13,031 |
| Net worth | 2,106 | 1,964 | 1,829 | 1,699 | 1,511 | 1,358 | 1,263 |
| Total debt | 9,119 | 8,751 | 8,584 | 9,168 | 10,365 | 11,226 | 11,768 |
| Cash & bank | 44.01 | 57.59 | 39.84 | 88.88 | 481 | 90.63 | 115 |
| Net working capital | (3.75) | 137 | 131 | 163 | 478 | 64.78 | 66.48 |
| Cash flow | |||||||
| Cash from operations | (320) | (17.80) | 522 | 1,044 | 1,286 | 548 | 21.68 |
| Cash from investing | 51.79 | (87.02) | 63.50 | (213) | (3.95) | (13.84) | (10.63) |
| Cash from financing | 255 | 122 | (619) | (1,238) | (892) | (558) | 51.08 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 267 | 273 | 273 | 272 | 265 | 272 | 269 | 264 |
| Revenue growth (YoY) | +0.5% | +0.4% | +1.3% | +2.8% | -3.1% | - | - | - |
| Other income | 0.58 | 0.74 | 0.01 | 0.17 | 0.07 | 4.14 | 0.95 | 1.64 |
| Total expenses | 72.86 | 39.04 | 42.12 | 35.17 | 110 | 42.93 | 31.51 | 37.42 |
| EBITDA | 194 | 234 | 231 | 236 | 155 | 229 | 238 | 227 |
| EBITDA margin | +73.1% | +86.3% | +85.9% | +88.8% | +58.9% | +85.2% | +89.2% | +86.8% |
| Depreciation | 3.79 | 2.78 | 2.83 | 2.81 | 2.54 | 3.84 | 3.78 | 3.74 |
| Interest | 173 | 168 | 173 | 173 | 173 | 174 | 179 | 177 |
| Profit before tax | 17.69 | 63.27 | 54.75 | 61.15 | (20.40) | 55.48 | 56.37 | 47.65 |
| Tax | 7.65 | 9.69 | 11.14 | 11.20 | (27.75) | 20.39 | 6.73 | 11.17 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 267 | 273 | 273 | 272 | 265 | 272 | 269 | 264 |
| Revenue growth (YoY) | +0.5% | +0.4% | +1.3% | +2.8% | -3.1% | - | - | - |
| Other income | 0.61 | 0.77 | 0.02 | 0.19 | 0.08 | 4.16 | 0.96 | 1.66 |
| EBITDA | 194 | 234 | 231 | 236 | 155 | 229 | 238 | 227 |
| EBITDA margin | +73.1% | +86.4% | +85.9% | +88.8% | +59.0% | +85.3% | +89.2% | +86.9% |
| Depreciation | 3.80 | 2.79 | 2.84 | 2.81 | 2.54 | 3.84 | 3.78 | 3.74 |
| Interest | 173 | 168 | 173 | 173 | 173 | 174 | 179 | 177 |
| Profit before tax | 17.74 | 63.40 | 54.86 | 61.26 | (20.31) | 55.62 | 56.47 | 47.70 |
| Tax | 7.66 | 9.72 | 11.17 | 11.23 | (27.73) | 20.42 | 6.76 | 11.18 |
| Net profit | 10.08 | 53.68 | 43.69 | 50.03 | 7.42 | 35.20 | 49.71 | 36.52 |
| EPS (₹) | 1.87 | 9.97 | 8.11 | 9.29 | 1.38 | 6.54 | 9.23 | 6.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 1,083 | 1,079 | 1,060 | 1,123 | 1,152 |
| Revenue growth | +0.3% | +1.8% | -5.6% | -2.5% | - |
| Other income | 0.75 | 9.73 | 9.77 | 6.12 | 4.74 |
| Total expenses | 226 | 164 | 140 | 126 | 216 |
| Employee cost | 90.35 | 74.26 | 64.00 | 59.93 | 48.20 |
| EBITDA | 857 | 915 | 920 | 997 | 936 |
| EBITDA margin | +79.1% | +84.8% | +86.8% | +88.8% | +81.3% |
| Depreciation | 10.98 | 15.01 | 15.02 | 9.94 | 8.58 |
| Interest | 687 | 703 | 711 | 703 | 702 |
| Profit before tax | 159 | 207 | 204 | 290 | 230 |
| Tax | 4.39 | 46.28 | 52.81 | 76.60 | 56.83 |
| Net profit | 155 | 165 | 147 | 210 | 172 |
| Net profit margin | +14.3% | +15.3% | +13.8% | +18.7% | +15.0% |
| EPS (₹) | 28.73 | 29.77 | 28.09 | 39.58 | 32.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 53.88 | 53.88 | 53.88 | 53.88 | 53.88 |
| Reserves & surplus | 2,053 | 1,911 | 1,775 | 1,645 | 1,457 |
| Shareholders' funds (net worth) | 2,106 | 1,965 | 1,829 | 1,699 | 1,511 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 7,953 | 7,227 | 7,783 | 8,305 | 9,754 |
| Unsecured loans | 1,165 | 1,524 | 802 | 863 | 611 |
| Total debt | 9,119 | 8,751 | 8,584 | 9,168 | 10,365 |
| Total liabilities | 11,225 | 10,715 | 10,413 | 10,867 | 11,876 |
| Assets | |||||
| Gross block | 95.49 | 57.40 | 85.97 | 79.98 | 38.65 |
| Net block | 69.34 | 26.75 | 43.63 | 52.22 | 20.23 |
| Capital work in progress | 15.63 | 11.36 | 10.05 | 8.82 | 29.14 |
| Investments | 210 | 254 | 168 | 229 | 14.41 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.54 | 0.23 | 0.38 | 0.26 | 0.22 |
| Cash & bank balances | 45.18 | 58.82 | 40.65 | 89.61 | 482 |
| Loans & advances | 25.81 | 139 | 148 | 126 | 50.80 |
| Total current assets | 71.53 | 198 | 189 | 216 | 533 |
| Total current liabilities | 73.82 | 59.95 | 57.33 | 52.93 | 53.39 |
| Net working capital | (2.29) | 138 | 132 | 163 | 479 |
| Total assets | 11,225 | 10,715 | 10,413 | 10,867 | 11,876 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 53.76 | 35.86 | 69.70 | 478 | 86.82 |
| Net cash from operating activities | (320) | (17.53) | 522 | 1,043 | 1,286 |
| Net cash from investing activities | 51.74 | (87.02) | 63.50 | (213) | (3.26) |
| Net cash from financing activities | 255 | 122 | (619) | (1,238) | (892) |
| Net change in cash | (13.70) | 17.90 | (33.84) | (408) | 391 |
| Closing cash | 45.18 | 58.82 | 40.65 | 89.61 | 482 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +0.3% | +1.8% | -5.6% | -2.5% | - |
| EBITDA growth | -6.4% | -0.5% | -7.7% | +6.5% | - |
| PBT growth | -23.0% | +1.2% | -29.6% | +25.8% | +9997.0% |
| Net income growth | -5.9% | +12.3% | -30.2% | +22.0% | - |
| Revenue CAGR (3Y) | -1.2% | -2.1% | - | - | - |
| EBITDA CAGR (3Y) | -4.9% | -0.7% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +14.3% | +14.9% | +14.3% | +19.0% | +15.1% |
| Return on capital employed | +7.7% | +8.6% | +8.6% | +8.7% | +7.9% |
| Return on net worth | +7.6% | +8.5% | +8.6% | +13.3% | +11.5% |
| Debt / equity | 4.39 | 4.57 | 5.03 | 6.08 | 6.86 |
| Long-term debt / equity | 4.07 | 4.27 | 4.82 | 5.81 | 6.50 |
| Interest cover | 81.26 | 78.12 | 78.52 | 71.24 | 75.67 |
| Efficiency & per share | |||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 28.73 | 29.77 | 28.09 | 39.58 | 32.20 |
| Dividend per share (₹) | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 |
| Book value per share (₹) | 390.94 | 364.67 | 339.43 | 315.39 | 280.39 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 267 | 273 | 273 | 272 | 265 | 272 | 269 | 264 |
| Revenue growth (YoY) | +0.5% | +0.4% | +1.3% | +2.8% | -3.1% | - | - | - |
| Other income | 0.58 | 0.74 | 0.01 | 0.17 | 0.07 | 4.14 | 0.95 | 1.64 |
| Total expenses | 72.86 | 39.04 | 42.12 | 35.17 | 110 | 42.93 | 31.51 | 37.42 |
| EBITDA | 194 | 234 | 231 | 236 | 155 | 229 | 238 | 227 |
| EBITDA margin | +73.1% | +86.3% | +85.9% | +88.8% | +58.9% | +85.2% | +89.2% | +86.8% |
| Depreciation | 3.79 | 2.78 | 2.83 | 2.81 | 2.54 | 3.84 | 3.78 | 3.74 |
| Interest | 173 | 168 | 173 | 173 | 173 | 174 | 179 | 177 |
| Profit before tax | 17.69 | 63.27 | 54.75 | 61.15 | (20.40) | 55.48 | 56.37 | 47.65 |
| Tax | 7.65 | 9.69 | 11.14 | 11.20 | (27.75) | 20.39 | 6.73 | 11.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,082 | 1,079 | 1,060 | 1,123 | 1,152 | 1,232 | 1,252 |
| Revenue growth | +0.3% | +1.8% | -5.6% | -2.5% | -6.5% | -1.6% | - |
| Other income | 0.75 | 9.73 | 9.77 | 6.12 | 4.74 | 7.73 | 2.60 |
| Total expenses | 226 | 164 | 140 | 126 | 216 | 277 | 191 |
| Employee cost | 83.34 | 70.23 | 63.42 | 59.89 | 48.20 | 43.46 | 42.53 |
| EBITDA | 856 | 915 | 920 | 997 | 936 | 955 | 1,062 |
| EBITDA margin | +79.1% | +84.8% | +86.8% | +88.8% | +81.3% | +77.5% | +84.8% |
| Depreciation | 10.96 | 15.01 | 15.02 | 9.94 | 8.71 | 4.48 | 6.13 |
| Interest | 687 | 703 | 711 | 703 | 702 | 823 | 946 |
| Profit before tax | 159 | 206 | 204 | 290 | 230 | 135 | 112 |
| Tax | 4.28 | 46.20 | 52.75 | 76.60 | 56.83 | 28.98 | 66.66 |
| Net profit | 154 | 170 | 151 | 210 | 172 | 106 | 45.61 |
| Net profit margin | +14.3% | +15.8% | +14.3% | +18.7% | +15.0% | +8.6% | +3.6% |
| EPS (₹) | 28.67 | 29.73 | 28.05 | 39.57 | 32.21 | 19.59 | 8.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 53.88 | 53.88 | 53.88 | 53.88 | 53.88 | 53.88 | 53.88 |
| Reserves & surplus | 2,052 | 1,911 | 1,775 | 1,645 | 1,457 | 1,304 | 1,209 |
| Shareholders' funds (net worth) | 2,106 | 1,964 | 1,829 | 1,699 | 1,511 | 1,358 | 1,263 |
| Secured loans | 7,953 | 7,227 | 7,783 | 8,305 | 9,754 | 10,412 | 11,003 |
| Unsecured loans | 1,165 | 1,524 | 802 | 863 | 611 | 813 | 765 |
| Total debt | 9,119 | 8,751 | 8,584 | 9,168 | 10,365 | 11,226 | 11,768 |
| Total liabilities | 11,224 | 10,715 | 10,413 | 10,867 | 11,876 | 12,583 | 13,031 |
| Assets | |||||||
| Gross block | 95.43 | 57.40 | 85.97 | 79.98 | 39.87 | 28.07 | 26.06 |
| Net block | 69.29 | 26.75 | 43.63 | 52.22 | 20.56 | 16.38 | 18.77 |
| Capital work in progress | 15.63 | 11.36 | 10.05 | 8.82 | 29.14 | 28.72 | 13.44 |
| Investments | 211 | 255 | 169 | 230 | 15.16 | 14.25 | 13.58 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.54 | 0.23 | 0.38 | 0.26 | 0.22 | 0.33 | 0.00 |
| Cash & bank balances | 44.01 | 57.59 | 39.84 | 88.88 | 481 | 90.63 | 115 |
| Loans & advances | 25.41 | 139 | 148 | 126 | 50.53 | 31.26 | 19.47 |
| Total current assets | 69.96 | 197 | 188 | 216 | 532 | 122 | 134 |
| Total current liabilities | 73.71 | 59.93 | 57.37 | 52.92 | 53.39 | 57.44 | 67.50 |
| Net working capital | (3.75) | 137 | 131 | 163 | 478 | 64.78 | 66.48 |
| Total assets | 11,224 | 10,715 | 10,413 | 10,867 | 11,876 | 12,583 | 13,031 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 53.38 | 35.75 | 69.64 | 477 | 86.76 | 111 | 48.50 |
| Net cash from operating activities | (320) | (17.80) | 522 | 1,044 | 1,286 | 548 | 21.68 |
| Net cash from investing activities | 51.79 | (87.02) | 63.50 | (213) | (3.95) | (13.84) | (10.63) |
| Net cash from financing activities | 255 | 122 | (619) | (1,238) | (892) | (558) | 51.08 |
| Net change in cash | (13.71) | 17.63 | (33.89) | (407) | 390 | (23.87) | 62.13 |
| Closing cash | 44.01 | 57.59 | 39.84 | 88.88 | 481 | 90.63 | 115 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +0.3% | +1.8% | -5.6% | -2.5% | -6.5% | -1.6% | - |
| EBITDA growth | -6.4% | -0.5% | -7.7% | +6.5% | -2.0% | -10.1% | - |
| PBT growth | -23.1% | +1.2% | -29.6% | +25.8% | +71.2% | +19.9% | -54.6% |
| Net income growth | -9.3% | +12.7% | -28.1% | +21.9% | +63.3% | +131.5% | - |
| Revenue CAGR (3Y) | -1.2% | -2.1% | -4.9% | -3.6% | -2.1% | +3.5% | +7.7% |
| EBITDA CAGR (3Y) | -4.9% | -0.8% | -1.2% | -2.1% | -5.6% | -1.1% | +5.8% |
| Profitability & leverage | |||||||
| Net income margin | +14.3% | +14.8% | +14.3% | +19.0% | +15.1% | +8.6% | +3.6% |
| Return on capital employed | +7.7% | +8.6% | +8.6% | +8.7% | +7.6% | +7.5% | +8.2% |
| Return on net worth | +7.6% | +8.5% | +8.6% | +13.3% | +12.1% | +8.1% | +3.6% |
| Debt / equity | 4.39 | 4.57 | 5.03 | 6.08 | 7.53 | 8.77 | 9.31 |
| Long-term debt / equity | 4.07 | 4.27 | 4.82 | 5.81 | 7.08 | 8.20 | 8.52 |
| Interest cover | 81.31 | 78.15 | 78.54 | 71.25 | 75.66 | 86.65 | 89.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 28.67 | 29.73 | 28.05 | 39.57 | 32.21 | 19.59 | 8.47 |
| Dividend per share (₹) | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.00 | 2.00 |
| Book value per share (₹) | 390.80 | 364.59 | 339.39 | 315.39 | 280.40 | 252.01 | 234.43 |
To see the full year-wise statements and ratios of Gic Housing Finance Limited, buy the company report.
Board of directors of Gic Housing Finance Limited
Gic Housing Finance has 13 current directors and 58 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rani Singh Nair | Director | 12 Mar 2021 | 5 Years 7 Months | Current |
| Sathia Jeeva Krishnan Chidambara Also directs: Sterlite Technologies Limited, Parry Agro Industries Limited | Director | 06 Jan 2022 | 4 Years 9 Months | Current |
| Damodharan Neelam Also directs: The Nainital Bank Limited | Director | 21 Oct 2022 | 4 Years 0 Months | Current |
| Hitesh Rameshchandra Joshi | Director | 07 Oct 2021 | 5 Years 0 Months | Current |
| Vaijinath Gavarshetty | Director | 06 Jan 2022 | 4 Years 9 Months | Current |
| Garimella Nanda Kishore Also directs: Cessna Lifeline Veterinary Services LLP | Director | 06 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Gic Housing Finance Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Finance, Housing Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Home First Finance Company India Limited | ₹1,156.55 Cr (FY 2024) | 45.0% | Mumbai, Maharashtra, India | |||
| Veritas Finance Limited | ₹1,123.8 Cr (FY 2024) | 65.0% | Chennai, Tamil Nadu, India | |||
| Gic Housing Finance Limitedthis company | ₹1,082.54 Cr (FY 2026) | ₹154.82 Cr | 14.3% | 0.3% | 338 | Mumbai, Maharashtra, India |
| Protium Finance Limited | ₹1,075.61 Cr (FY 2025) | 42.0% | Mumbai, Maharashtra, India | |||
| Grihum Housing Finance Limited | ₹1,045.65 Cr (FY 2024) | 46.0% | Pune, Maharashtra, India | |||
| SBFC Finance Limited | ₹1,019.92 Cr (FY 2024) | 38.0% | Mumbai, Maharashtra, India | |||
| Sundaram Home Finance Limited | ₹956.99 Cr (FY 2022) | -8.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Gic Housing Finance Limited, buy the company report.
Auditor
Gic Housing Finance Limited is audited by C N K & Associates LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K & Associates LLP | FY 2019 | 101961W/W-100036 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 42.40%, foreign institutional investors hold 1.40%, domestic institutional investors hold 2.50% and retail and other public shareholders hold 53.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 42.40% | 42.40% | 42.40% | 42.40% |
| Public | 57.60% | 57.60% | 57.60% | 57.60% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2026 | 101270278 | Others | ₹250 Cr | Open | |
| 23 Feb 2026 | 101271035 | Idbi Trusteeship Services Limited | ₹150 Cr | Open | |
| 03 Feb 2026 | 101239962 | Karnataka Bank Ltd. | ₹200 Cr | Open | |
| 04 Nov 2025 | 101232322 | Others | ₹175 Cr | Open | |
| 10 Oct 2025 | 101174507 | Others | ₹300 Cr | Open |
To see the full charge records of Gic Housing Finance Limited, buy the company report.
Total charge records: 189 View all charges
Deals & funding
Gic Housing Finance Limited has 66 deals on record (65 market trades, 1 debt financing), with disclosed funding of ₹195 Cr; the latest was in November 2025.
Deals on record (5 of 66)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Market trade | ₹9.31 Cr | Buyer: Vaipan Advisors Private Limited Seller: Vaipan Ventures Private Limited |
| Sep 2024 | Market trade | ₹9.07 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Sep 2024 | Market trade | ₹35.05 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited , Qe Securities LLP Seller: Graviton Research Capital LLP , Qe Securities LLP , NK Securities Research Private Limited |
| Jun 2024 | Market trade | ₹6.81 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jun 2024 | Market trade | ₹8.91 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Gic Housing Finance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gic Housing Finance Limited has 2,616 court cases on record: 1,822 filed by Gic Housing Finance, 795 filed against it. 558 cases are pending and 2,058 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2,123 | 448 | 504 |
| High courts | 478 | 336 | 46 |
| NCLAT | 8 | 8 | 8 |
| Supreme Court | 7 | 3 | 0 |
Cases on record (5 of 2,616)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by VSJ Investments Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Asset Reconstruction Company (India) Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by VSJ Investments Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Truvisory Insolvency Professionals Private Limited Resolution Professional of Karrm Infrastructure Pvt Ltd and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Truvisory Insolvency Professionals Private Limited Resolution Professional of Karrm Infrastructure Pvt Ltd and 1 other | Pending |
To see the full case history of Gic Housing Finance Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Gic Housing Finance Limited was last rated by Icra on 27 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Aug 2021 |
To see the full credit ratings and regulatory alerts of Gic Housing Finance Limited, buy the company report.
MSME payment delays
Gic Housing Finance Limited has 44 MSME Form 1 returns on record between 2019 and 2024, listing 1,452 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Gic Housing Finance Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Gic Housing Finance has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gichfl Financial Services Pvt. Ltd. | U67190MH2021PTC354176 |
To see the full group structure of Gic Housing Finance Limited, buy the company report.
Employees & EPFO
Gic Housing Finance Limited has a workforce of 338 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Gic Housing Finance has 23 GST registrations: 22 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG2755R1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACG2755R2Z2 | Maharashtra | Active | 01 Jul 2018 |
| 04AAACG2755R1ZB | Chandigarh | Active | 01 Jul 2017 |
| 18AAACG2755R1Z2 | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gic Housing Finance Limited, buy the company report.
Recent activity
Gic Housing Finance Limited has 119 board changes on record since 1996: 66 appointments and 53 cessations. The latest: Ramaswamy Narayanan ceased to be Director on 30 Sep 2025.
467 earlier events are in the company report.
News
Frequently asked questions
Gic Housing Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in housing finance companies, within the financial services industry. It was incorporated on 12 December 1989 (37+ years old) and is registered under CIN L65922MH1989PLC054583. Listed on BSE: 511676 and NSE: GICHSGFIN.
Gic Housing Finance reported revenue of ₹1,082.54 Cr for FY 2025-26 (up 0.3% YoY) based on consolidated financials.
Gic Housing Finance has 13 current directors:
- Sachindra Dattaram Salvi - Managing Director
- Rani Singh Nair - Director
- Sathia Jeeva Krishnan Chidambara - Director
- Damodharan Neelam - Director
- Hitesh Rameshchandra Joshi - Director
- Vaijinath Gavarshetty - Director
- Garimella Nanda Kishore - Director
- Dinesh Ranchhodbhai Waghela - Director
- Sanjay Joshi - Director
- Girija Subramanian - Director
- Bhupesh Sushil Rahul - Director
- Sunil Kakar - Director
- Rajeshwari Singh Muni - Director
The latest financial statements of Gic Housing Finance on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gic Housing Finance is 27AAACG2755R1Z3, registered in Maharashtra. The company has 23 GST registrations in all, of which 22 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACG2755R2Z2 (Maharashtra), 04AAACG2755R1ZB (Chandigarh), 18AAACG2755R1Z2 (Assam).
The CIN (Corporate Identification Number) of Gic Housing Finance is L65922MH1989PLC054583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Gic Housing Finance is a listed company as per MCA records. Its shares are listed on both BSE (code: 511676) and NSE (symbol: GICHSGFIN).
Gic Housing Finance has 2,616 court cases on record: 1,822 filed by the company and 795 filed against it. 558 are pending. Most are in the district courts.
Gic Housing Finance was incorporated on 12 December 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Gic Housing Finance has 66 deals on record (65 market trades, 1 debt financing), with disclosed funding of ₹195 Cr; the latest was in November 2025.
The peers of Gic Housing Finance by revenue are Home First Finance Company India Limited, Veritas Finance Limited, Protium Finance Limited, Grihum Housing Finance Limited, SBFC Finance Limited and 1 more, all in the BFSI industry (Finance, Housing Finance), with the same principal business activity (other financial activities).
Ramaswamy Narayanan ceased to be Director on 30 Sep 2025. Dinesh Ranchhodbhai Waghela was appointed as Director on 23 Sep 2025. Ajit Kumar Saxena ceased to be Director on 22 Sep 2025. Gic Housing Finance has 119 board changes on record in total.

