Sundaram Home Finance Limited
Sundaram Home Finance Limited (SHFL) is an Indian housing finance company headquartered in Chennai, Tamil Nadu. Incorporated in 1999, it is a wholly owned subsidiary of Sundaram Finance Limited, one of India’s oldest non-banking financial institutions. SHFL provides mortgage and property-backed loans across urban, semi-urban, and rural markets, with a growing focus on affordable housing.
Key facts
- Founded: July 2, 1999
- Parent company: Sundaram Finance Limited
- Headquarters: Chennai, India
- Managing Director: Lakshminarayanan Duraiswamy
- Credit rating: CRISIL AAA/Stable (as of August 2025)【turn0search6】
- Assets under management (AUM): ₹18, 028 crore (June 2025)【turn0search6】
History and background
Originally formed as a joint venture with international partners including International Finance Corporation and BNP Paribas Personal Finance, Sundaram Home Finance became a fully owned subsidiary of Sundaram Finance in 2019. The company leverages its parent’s nationwide network and brand reputation to deliver housing finance solutions emphasizing transparency and trust.
Operations and products
SHFL offers a wide portfolio of products such as home loans, loans for home improvement and extension, plot loans, loans against property, and top-up loans. It operates over 150 branches across India and is expanding into Tier-2 and Tier-3 towns to tap the affordable housing segment【turn0search1】【turn0search4】. The “Anugraha” program under its Emerging Business division caters to customers from informal income groups seeking accessible financing options.
Financial performance and ratings
For fiscal 2025, SHFL reported a net profit of ₹245 crore on total income of ₹1, 597 crore, with a return on managed assets of 1.5%【turn0search5】【turn0search6】. Its AUM grew 26% year-on-year, supported by stable funding and strong parent backing. CRISIL reaffirmed the company’s long-term rating at AAA/Stable, citing consistent profitability, low gross non-performing assets (~1%), and superior liquidity management.
Strategic direction
SHFL continues to expand its footprint in smaller towns of South India, aligning with the government’s “Housing for All” initiative. It also offers small business loans and plans to strengthen its affordable housing portfolio while maintaining prudent credit practices【turn0search1】【turn0search7】.