Any current/future new fundraising through debt or equity?

Currently raising term loans from banks including public sector, private sector banks, FIIs, and National Housing Bank. Exploring non-convertible debentures (NCDs) from select HNI investors to diversify liability profile; target steady-state NCD proportion around 10%. Planning for potential further capital raising through equity from existing or new investors subject to necessary approvals. Recently completed three rounds of equity fundraising raising net worth above Rs. 100 crores, with participation from BFSI, capital markets, HNIs, and family offices. Have a strong pipeline of term loans ex

Any current/future capex/capital investment/strategic investment?

Star Housing Finance Limited is focused on scaling up responsibly with investments in infrastructure, manpower, and technology. They have built capacity for monthly disbursements of Rs. 30 crores, to be fully utilized in subsequent quarters. Plan to increase operational physical branches from 10 to 14-15 by March 31, 2023, within existing geographies. Investment in digital lending vertical planned post-deployment of a new lending suite. Continuously investing in customer education programs and technology/business intelligence to improve portfolio health. Emphasis on maintaining quality and mon

Future growth expectations in sales/revenue/volumes?

Star HFL has registered over 100% growth in AUM, reaching Rs. 187.57 crores as of December 2022, compared to Rs. 104.94 crores as of March 2022, indicating strong momentum. Disbursement for nine months ending December 2022 was Rs. 113 crores, a 210% increase from Rs. 36.58 crores in FY22. Monthly disbursement capacity of Rs. 30 crores has been created through investment in infrastructure and manpower, expected to be fully utilized in upcoming quarters. The Company expects AUM to reach Rs. 225-250 crores by March 2023 and aims to cross Rs. 500 crores AUM in the next 3-4 quarters, becoming a sys

Future growth expectations in earnings/operating earnings/profits/EPS?

Star Housing Finance Limited has registered over 100% growth and aims to continue scaling up responsibly with a strong focus on quality and portfolio health. The company expects AUM to cross Rs. 225-250 crores by March 2023, aiming to reach Rs. 500 crores AUM within 3-4 quarters, qualifying as a systemically important HFC. Profit before tax for nine months ended Dec 2022 is Rs. 7.63 crores, surpassing previous full year’s PBT of Rs. 3.08 crores; PAT at Rs. 5.83 crores has nearly doubled. This strong profit trajectory is expected to continue. Star HFL plans to maintain a healthy spread of 450-5

Star Housing Finance LtdQ3 FY23Finance

Star Housing Finance Ltd Q3 FY23 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹3.85P/E: 4.6Market Cap: ₹30 CrSector: Finance

Management growth scorecard

Revenue

Category 1

Margin

Category 3

Fundraise

Yes

Order

Yes

Capex

Yes

4 of 5 growth signals are positive — a strong management growth story.

Full analysis

Revenue guidance

Category 1

Star HFL has registered over 100% growth in AUM, reaching Rs. 187.57 crores as of December 2022, compared to Rs. 104.94 crores as of March 2022, indicating strong momentum.
Disbursement for nine months ending December 2022 was Rs. 113 crores, a 210% increase from Rs. 36.58 crores in FY22.
Monthly disbursement capacity of Rs. 30 crores has been created through investment in infrastructure and manpower, expected to be fully utilized in upcoming quarters.
The Company expects AUM to reach Rs. 225-250 crores by March 2023 and aims to cross Rs. 500 crores AUM in the next 3-4 quarters, becoming a systemically important HFC.
Focus remains on quality growth, backed by strong processes, policies, and corporate governance.
Expansion in existing geographies with plans to open 14-15 physical branches by March 2023; new geographies like Uttar Pradesh may be entered post Rs. 500 crores scale-up.
Revenue growth in nine months FY23 was 28% compared to previous year, with improved profit before tax and net profit.

Margin guidance

Category 3

Star Housing Finance Limited has registered over 100% growth and aims to continue scaling up responsibly with a strong focus on quality and portfolio health.
The company expects AUM to cross Rs. 225-250 crores by March 2023, aiming to reach Rs. 500 crores AUM within 3-4 quarters, qualifying as a systemically important HFC.
Profit before tax for nine months ended Dec 2022 is Rs. 7.63 crores, surpassing previous full year’s PBT of Rs. 3.08 crores; PAT at Rs. 5.83 crores has nearly doubled. This strong profit trajectory is expected to continue.
Star HFL plans to maintain a healthy spread of 450-500 bps on its balance sheet with cost of borrowing reduced to approx. 10.31%, improving net interest margins and profitability.
Expansion of physical branches and loan disbursements is expected to support revenue growth.
The Company targets rating upgrades which will aid lowering borrowing costs and further profit growth.

See what Star Housing Finance Ltd management said on margin guidance — free account, 30 seconds.

Fundraise plans

Yes

Currently raising term loans from banks including public sector, private sector banks, FIIs, and National Housing Bank.
Exploring non-convertible debentures (NCDs) from select HNI investors to diversify liability profile; target steady-state NCD proportion around 10%.
Planning for potential further capital raising through equity from existing or new investors subject to necessary approvals.
Recently completed three rounds of equity fundraising raising net worth above Rs. 100 crores, with participation from BFSI, capital markets, HNIs, and family offices.
Have a strong pipeline of term loans exceeding Rs. 100 crores under consideration from various banks.
Focus on maintaining a healthy funding pipeline to support growth over next quarters.
Intend to continue building capital to scale AUM to Rs. 500 crores within 3-4 quarters, becoming a systemically important HFC.

Order book

Yes

The transcript of Star Housing Finance Limited's conference call does not explicitly mention any "current," "expected," or "pending orders" or an orderbook, as the company operates in the housing finance and retail home loan sector, which typically does not deal with orderbooks like manufacturing or contract-based industries. However, highlights related to business and growth include: - The company has achieved over Rs. 100 crores disbursement in the nine-month period ended December 31, 2022. - AUM stood at Rs. 187.57 crores as of December 2022, up from Rs. 104.94 crores as of March 2022, reflecting 85% growth. - There is a strong pipeline of term loan proposals amounting to over Rs. 100 crores from various private and public sector banks. - Planning to increase physical branches from 10 to about 14-15 by March 2023 within existing geographies. - Expansion plans include growing disbursement capacity to Rs. 15-20 crores monthly. - Funding diversity includes term loans, proposed non-convertible debentures (~10% liability profile), and potential further equity raises. No specific orderbook or pending orders data provided in the transcript.

See what Star Housing Finance Ltd management said on order book — free account, 30 seconds.

Capex plans

Yes

Star Housing Finance Limited is focused on scaling up responsibly with investments in infrastructure, manpower, and technology.
They have built capacity for monthly disbursements of Rs. 30 crores, to be fully utilized in subsequent quarters.
Plan to increase operational physical branches from 10 to 14-15 by March 31, 2023, within existing geographies.
Investment in digital lending vertical planned post-deployment of a new lending suite.
Continuously investing in customer education programs and technology/business intelligence to improve portfolio health.
Emphasis on maintaining quality and monitoring portfolio health alongside growth.
No specific capital expenditure amounts disclosed, but ongoing strategic investment in operational expansion and technological improvements.

Track Star Housing Finance Ltd — get its next earnings analysis in your feed

How does Star Housing Finance Ltd rank vs peers in Finance?

Pro feature

ThisStar Housing Finance Ltd

Rev 1Mar 3

See where Star Housing Finance Ltd sits in FinanceSee which companies these are, and every other name in the sector.Open rankings

How does Star Housing Finance Ltd rank in Finance?

Compare Star Housing Finance Ltd against every Finance company (Q3 FY23) on revenue, margins and earnings-call signals.

View Finance leaderboard →

What Star Housing Finance Ltd's management said in earlier quarters

Others in Finance this season

Gamco Ltd (Q2 FY27)
113.51 Crores, up 106% YoY from Rs. Key investor presentation takeaways from Gamco Ltd's Q2 FY27 investor presentation — and how it ranks against sector peers.
Purple Finance Ltd (Q1 FY27)
Total disbursements since inception: ₹312 crore . Key investor presentation takeaways from Purple Finance Ltd's Q1 FY27 investor presentation — and how it ranks
JSW Holdings (Q2 FY27)
Total revenue from operations: ₹16,658.63 lakhs . Key results statement takeaways from JSW Holdings Ltd's Q2 FY27 results statement — and how it ranks against s
Indostar Capital Finance Ltd (Q2 FY27)
Revenue from operations for Q2 FY27: ₹381.9 crore . Key investor presentation takeaways from Indostar Capital Finance Ltd's Q2 FY27 investor presentation — and

Compare:vs Bajaj Finance vs Bajaj Finserv vs Shriram Finance Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →