In Week of Mar 28, 2026, India Homes Ltd (Steel) is outperforming Nifty 500 with +27.8% relative strength. Fundamentals: Weak. On a 7-week streak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Feb 22, 2026
What: Adding 6-8 new branches in Q4 FY26 to expand distribution footprint
Impact: +₹300 Cr revenue
“The company added two new branches and plans to add 6-8 more in Q4 FY26.”
What: 81% of approvals via account aggregator framework and over 80% of loans digitally fulfilled
“Technology remains a focus, with 81% of approvals facilitated via the account aggregator framework and over 80% of loans digitally fulfilled.”
What: Recovery in Gujarat and Maharashtra, with Tamil Nadu expected to turn around in FY27
“State-specific updates indicate recovery and strong growth in Gujarat and Maharashtra, while Tamil Nadu is expected to see a turnaround in FY27.”
Earnings deceleration risks from management commentary
Trigger: Weak summer demand
Management view: Because see challenge is also slightly there because of weak summer, you will appreciate. They also are slightly now wary of taking lot many stocks.
Monitor: Summer product disbursements
Trigger: Regulatory changes not offset by price hikes
Impact: 20 bps margin impact
Management view: We are cognizant of the industry headwinds such as cost increases on account of commodity inflation, BEE changes, e-waste, etc. We are in the process of taking calibrated price hikes and enhancing operational efficiency.
Monitor: Net interest margin
Key quotes from recent conference calls
“The company added two new branches and plans to add 6-8 more in Q4 FY26. — Management”
“We are cognizant of the industry headwinds such as cost increases on account of commodity inflation, BEE changes, e-waste, etc. We are in the process of taking calibrated price hikes and enhancing operational efficiency. — Anil Rai Gupta”
“We will have to act with optimism and prudence both in the coming couple of quarters for the summer products. — Anil Rai Gupta”
“The company is targeting 25% AUM growth for FY26 and FY27, driven by enhanced distribution and technology adoption. — Management”
Forward-looking targets from management for FY26 and FY27
Revenue Growth Target
25%
Credit Growth Target
25%
NIM Guidance
6%
Key Milestones
• 25% AUM growth
• 6-8 new branches in Q4 FY26
• Tamil Nadu turnaround in FY27
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | -100% | -50% | Stable |
| PAT (Net Profit) | +36% | 0% | Inflection Up |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
India Homes Ltd's latest quarterly results (Sep 2023) show
India Homes Ltd's profit is growing with an turning around (inflection up) trend.
India Homes Ltd's revenue growth trend is stable.
India Homes Ltd's operating margin is volatile.
India Homes Ltd's long-term compounding rates
India Homes Ltd's earnings growth is turning around (inflection up) with mixed signals on a sequential basis.
India Homes Ltd's trailing twelve month (TTM) performance
India Homes Ltd appears significantly overvalued based on our fair value analysis.
India Homes Ltd's price-to-book ratio is 15.1x.
India Homes Ltd is rated Weak with a fundamental score of 20/100. This score is calculated from objective financial metrics
India Homes Ltd has a debt-to-equity ratio of N/A.
India Homes Ltd's return ratios over recent years
India Homes Ltd's operating cash flow is negative (FY2023).
India Homes Ltd currently does not pay a significant dividend (yield 0.00%).
India Homes Ltd's shareholding pattern (Dec 2025)
India Homes Ltd's promoter holding has decreased recently.
India Homes Ltd has been outperforming Nifty 500 for 7 consecutive weeks, indicating building momentum.
India Homes Ltd is an established outperformer with 7 weeks of consecutive Nifty 500 outperformance.
India Homes Ltd has 3 key growth catalysts identified from recent earnings analysis
India Homes Ltd has 2 key risks worth monitoring
In Q3 FY26, India Homes Ltd's management highlighted
India Homes Ltd's management has provided the following forward guidance for FY26 and FY27
Based on quantitative research signals, here is why India Homes Ltd may be worth studying
India Homes Ltd investment thesis summary:
India Homes Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
