India Shelter Finance Corp. Ltd. (INDIASHLTR) AI Stock Analysis

India Shelter Finance Corp. Ltd.

(NSE:INDIASHLTR)

Select Model

Rating:60Neutral

Price Target:INR 685.00▲(11.08% Upside)

Action:reiterated

Date:09/13/26

The score is driven primarily by solid financial performance (strong growth and profitability) but held back by balance-sheet leverage and historically volatile cash flows. Technicals are a notable drag with the stock trading below major moving averages and a negative MACD, while valuation is supportive due to a moderate P/E and a reasonable dividend yield.

Positive Factors

Revenue GrowthStrong and sustained revenue scaling indicates expanding lending activity and customer reach in the company’s target housing-finance segments. Continued top-line growth can support operating leverage, strengthen the branch network’s productivity, and provide a durable base for earnings growth over the next several quarters.

Negative Factors

Elevated LeverageMeaningful leverage increases the company’s sensitivity to borrowing costs, refinancing conditions, and liquidity availability because mortgage lending depends on debt funding. Higher leverage can reduce financial flexibility during stress and may constrain the pace of future loan growth or capital deployment.

India Shelter Finance Corp. Ltd. (INDIASHLTR) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 70.92B
Dividend Yield: 2.42%
Average Volume (3M): 9,904
Price to Earnings (P/E): 12.7
Beta (1Y): 0.44
Revenue Growth: 25.32%
EPS Growth: 26.24%
Country: India
Employees: 4,800
Sector: General
Sector Strength: 55
Industry: Financial - Mortgages

India Shelter Finance Corp. Ltd. Business Overview & Revenue Model

Company Description

India Shelter Finance Corporation Limited (ISFCL) is a financial institution specializing in housing loans, primarily catering to moderately-earning individuals across India. The company offers a diverse range of mortgage products, including standard...

How the Company Makes Money

India Shelter Finance Corporation primarily makes money through net interest income on its lending business: it borrows funds (via bank borrowings, refinance lines, and/or market instruments such as debentures, subject to availability and regulatory...

India Shelter Finance Corp. Ltd. Financial Statement Overview

Summary

Strong revenue scaling and solid profitability (2026 net margin ~32.9%) support the score, but it is capped by elevated leverage (debt-to-equity ~1.95 in 2026) and a volatile cash-flow history (materially negative operating/free cash flow in 2021–2025 before improving in 2026).

Income Statement

78Positive

Balance Sheet

63Positive

Cash Flow

44Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	16.00B	15.29B	9.99B	6.82B	4.97B	3.71B
Gross Profit	11.18B	10.59B	4.47B	2.40B	1.71B	1.36B
EBITDA	6.96B	6.66B	5.05B	3.31B	2.12B	1.74B
Net Income	5.27B	5.03B	3.78B	2.48B	1.55B	1.28B
Balance Sheet
Total Assets	0	96.15B	77.48B	57.94B	42.96B	32.21B
Cash, Cash Equivalents and Short-Term Investments	0	3.05B	3.43B	3.92B	5.17B	2.92B
Total Debt	0	62.46B	49.69B	34.15B	29.89B	20.70B
Total Liabilities	-31.98B	64.17B	50.39B	34.96B	30.55B	21.45B
Stockholders Equity	31.98B	31.98B	27.09B	22.99B	12.41B	10.76B
Cash Flow
Free Cash Flow	-4.85B	5.91B	-14.44B	-12.39B	-8.59B	-5.00B
Operating Cash Flow	-4.77B	6.02B	-14.35B	-12.32B	-8.52B	-4.95B
Investing Cash Flow	-1.79B	-18.93B	-613.77M	-2.36B	1.62B	-1.86B
Financing Cash Flow	4.80B	12.38B	15.66B	12.20B	9.07B	5.92B

India Shelter Finance Corp. Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price616.70

Price Trends

50DMA647.82Negative

100DMA699.39Negative

200DMA728.18Negative

Market Momentum

MACD-7.79Negative

RSI41.48Neutral

STOCH41.47Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INDIASHLTR, the sentiment is Negative. The current price of 616.70 is below the 20-day moving average (MA) of 629.27, below the 50-day MA of 647.82, and below the 200-day MA of 728.18, indicating a bearish trend. The MACD of -7.79 indicates Negative momentum. The RSI at 41.48 is Neutral, neither overbought nor oversold. The STOCH value of 41.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INDIASHLTR.

India Shelter Finance Corp. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:INDIASHLTR against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:HOMEFIRST	76Outperform	INR 112.01B	18.03	―	0.48%	19.19%	26.51%
IN:AAVAS	72Outperform	INR 84.28B	11.95	―	―	12.03%	16.64%
IN:CANFINHOME	72Outperform	INR 95.86B	8.31	―	2.08%	7.90%	25.13%
IN:INDIASHLTR	60Neutral	INR 67.34B	12.69	―	2.42%	25.32%	26.24%
IN:REPCOHOME	57Neutral	INR 19.51B	4.07	―	1.60%	4.35%	3.85%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:APTUS	55Neutral	INR 96.06B	9.72	―	2.35%	20.54%	23.05%

* General Sector Average

Performance Comparison

IN:INDIASHLTR and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:INDIASHLTR	India Shelter Finance Corp. Ltd.	616.70	-258.08	-29.50%
IN:AAVAS	Aavas Financiers Ltd.	1062.80	-590.25	-35.71%
IN:APTUS	Aptus Value Housing Finance India Limited	191.80	-104.78	-35.33%
IN:CANFINHOME	Can Fin Homes Ltd.	719.90	-130.46	-15.34%
IN:HOMEFIRST	Home First Finance Company India Ltd.	1071.25	-177.16	-14.19%
IN:REPCOHOME	Repco Home Finance Ltd.	311.90	-120.14	-27.81%

India Shelter Finance Corp. Ltd. Corporate Events

India Shelter Finance to host Q1 FY27 earnings call on August 7

Jul 29, 2026

India Shelter Finance Corporation Ltd has scheduled an earnings conference call on Friday, August 7, 2026, at 9:00 a.m. IST to discuss its financial and operational performance for the quarter ended June 30, 2026. The call, led by MD and CEO Rupinder...

India Shelter Finance Reclassifies Promoter Group Members as Public Shareholders

Jun 25, 2026

India Shelter Finance Corporation Limited has secured shareholder approval via postal ballot and remote e-voting to reclassify several individuals and entities from the promoter and promoter group category to the public category, in line with Regulat...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 13, 2026

India Shelter Finance Corp. Ltd. AI Stock Analysis