India Shelter Finance: Empowering Home Ownership in Tier-II III Cities

India Shelter Finance Corporation Ltd., a rapidly growing housing finance company, is firm on the unbeaten track of realizing the dream of owning a home for self-employed and low-income group in tier-II and tier-III cities of India. With a single-minded focus on financial inclusion, supported by a technology-first approach, India Shelter is poised to accelerate continued high growth and its commitment to empower the underprivileged segment in Indian society.

Empowering the Underserved

India Shelter very well understands the difficulties emanating from their self-employed customers to access formal credit facilities. It brings solutions that cater to this segment, keeping in view the need for necessary financial inclusion for all, where 70% of our base belongs to this category of people. Our average loan ticket size is for 1.1 million rupees, which underlines our commitment to affordable housing finance and makes us a very significant player in addressing the housing needs of Low Income Group (LIG) and Economically Weaker Sections (EWS).

Strategic Expansion and Growth

The strategic geographical expansion has been underlined as the reason for our success. Stretching operations in 12 states and having a very significant presence in Rajasthan, Maharashtra, and Madhya Pradesh expand deep market penetration. This is complemented by our robust growth rate of 35% CAGR in core earnings over FY2023-27E, which is spearheaded by a truly innovative product mix and understanding at the granular level of the target markets' subtleties.

Innovation and Technology

In the very heart of our operations lies a technology-first approach that enhances our service delivery and operational efficiency. We have moved from in-house sourcing towards centralized control of underwriting our technological interventions and not only sm tightening the processes but also making the credit appraisal system strong. This has significantly contributed toward our scalable and sustainable business model.

Facing the Future with Confidence

Looking ahead India Shelter is well-positioned to capitalize on the long runway in affordable housing finance. We will continue expanding our geography throughout the country and increase the quality of the product in every possible way in order to better meet the most varied needs of our customers. We remain focused on improving operational leverage, and the approach towards maintaining the optimum level of Capital Adequacy Ratio keeps us geared toward achieving our mission of "A shelter for all Indians.