Share price at the NSE close on 23 Oct 2026. Previous close ₹126.66.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹676 Cr1,578th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 12 Aug 2026
- 4.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 15 May 2026
- 0.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.58%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- 7.7%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 3.50%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 7.73%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 0.65%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 1.40%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 5.42times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 74,15967.6% delivered
GIC Housing Finance board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonHITESH RAMESHCHANDRA JOSHIRelated to the promoter
- Managing director and CEOSACHINDRA DATTARAM SALVI
- Company Secretary and Compliance OfficerRAJ GOR
13 directors7 independent1 executive5 non-executive
- RAJESHWARI SINGH MUNINon-executive · joined Sep 2023 · 1 listed board · 1 committee seat
- BHUPESH SUSHIL RAHULNon-executive · joined May 2024 · 1 listed board
- GIRIJA SUBRAMANIANNon-executive · joined Aug 2024 · 2 listed boards · 2 committee seats
- SANJAY KAILASH JOSHINon-executive · joined Jul 2025 · 1 listed board
- HITESH RAMESHCHANDRA JOSHI · ChairpersonNon-executive · joined Oct 2021 · 2 listed boards · 3 committee seats, 1 as chair
- RANI SINGH NAIRIndependent · joined Mar 2021 · reappointed Sep 2023 · 63 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- VAIJINATH GAVARSHETTYIndependent · joined Jan 2022 · reappointed Jan 2024 · 53 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- GARIMELLA NANDA KISHOREIndependent · joined Jan 2022 · reappointed Jan 2024 · 53 months as independent · 1 listed board · 1 as independent
- SATHIA JEEVA KRISHNAN CHIDAMBARAIndependent · joined Jan 2022 · reappointed Jan 2024 · 53 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
- DAMODHARAN NEELAMIndependent · joined Oct 2022 · reappointed Oct 2025 · 44 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- SUNIL KAKARIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 months as independent · 1 listed board · 1 as independent · 4 committee seats, 2 as chair
- DINESH RANCHHODBHAI WAGHELAIndependent · joined Sep 2025 · reappointed Sep 2025 · 9 months as independent · 1 listed board · 1 as independent · 1 committee seat
- SACHINDRA DATTARAM SALVI · Managing director and CEOExecutive · joined Mar 2025 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
4 directors who left
- RAMASWAMY NARAYANAN, left 30 Sep 2025: Others
- AJIT KUMAR SAXENA, left 22 Sep 2025: Tenure Completion
- RASHMI RAMAN SINGH, left 28 Feb 2025: Others
- PAUL ALPHONSO LOBO, left 28 Feb 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 Jun 202611 of 13 present7 independent · 44 days in between
- 15 May 202610 of 13 present7 independent · 37 days in between
- 7 Apr 202613 of 13 present7 independent · 56 days in between
- 9 Feb 202612 of 13 present7 independent · 25 days in between
1 earlier meeting
- 14 Jan 202611 of 13 present7 independent
Audit Committee
Chair SATHIA JEEVA KRISHNAN CHIDAMBARA
HITESH RAMESHCHANDRA JOSHI, SUNIL KAKAR, DINESH RANCHHODBHAI WAGHELA
- 15 May 20263 of 4 present3 independent · 51 days in between
- 24 Mar 20264 of 4 present3 independent · 42 days in between
- 9 Feb 20264 of 4 present3 independent · 20 days in between
- 19 Jan 20263 of 4 present3 independent
Nomination and remuneration committee
Chair RANI SINGH NAIR
VAIJINATH GAVARSHETTY, DINESH RANCHHODBHAI WAGHELA
- 13 May 20263 of 3 present3 independent · 97 days in between
- 4 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair RANI SINGH NAIR
VAIJINATH GAVARSHETTY, DAMODHARAN NEELAM
- 4 Feb 20263 of 3 present3 independent
Risk Management Committee
Chair DAMODHARAN NEELAM
VAIJINATH GAVARSHETTY, RANI SINGH NAIR, SACHINDRA DATTARAM SALVI
- 6 May 20264 of 4 present3 independent · 88 days in between
- 6 Feb 20264 of 4 present3 independent
Corporate Social Responsibility Committee
Chair RANI SINGH NAIR
GARIMELLA NANDA KISHORE, SACHINDRA DATTARAM SALVI
- 13 May 20263 of 3 present2 independent · 62 days in between
- 11 Mar 20263 of 3 present2 independent · 34 days in between
- 4 Feb 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Gokhale & SathePeer-review certificate valid to Feb 2027
1 earlier auditor
- M/s Chandabhoy & JassoobhoyNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
GIC Housing Finance AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.GIC Housing Finance dividend history
Postal ballot, 26 Sep 2026
62,591 shareholders on the register on 21 Aug 2026; votes counted by Vaibhav Dandawate / Makarand M. Joshi & Co.The company's voting result (opens in a new tab)
- Appointment of Smt. Arumugam Manimekhalai (DIN: 08411575) as a Non-Executive Independent Director of the CompanySpecial98.40% for1.60% against
Against: promoters 0.00% · institutions 69.77% · other public 6.28%
Turnout: all 43.75% · promoters 100.00% · institutions 26.52% · other public 0.70%
- Approval for Material Related Party Transactions with Promoter Group Companies.OrdinaryPromoters have an interest in it98.34% for1.66% against
Against: promoters 0.00% · institutions 0.00% · other public 5.88%
Turnout: all 1.35% · promoters 0.00% · institutions 26.52% · other public 0.70%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 4 Aug 2026, 7 resolutions
62,834 shareholders on the register on 28 Jul 2026; present: 4 promoters and 89 others; votes counted by Alifya Sapatwala / Mehta & Mehta Company Secretaries.The company's voting result (opens in a new tab)
To receive, consider and adopt the – (a) audited annual standalone financial statements for the year ended March 31, 2026 together with the Reports of the Directors and Auditor thereon. (b) audited annual consolidated financial statements for the year ended March 31, 2026 together with the Report of the Auditor thereon.MoreLess
Ordinary100.00% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.09%
Turnout: all 43.57% · promoters 100.00% · institutions 25.27% · other public 0.37%
- Declaration of Dividend for the year ended March 31, 2026.Ordinary100.00% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.01%
Turnout: all 43.62% · promoters 100.00% · institutions 26.17% · other public 0.40%
- Re-appointment of Shri Hitesh Joshi (DIN: 09322218) as a Non-Executive DirectorOrdinary97.71% for2.29% against
Against: promoters 0.00% · institutions 99.99% · other public 1.57%
Turnout: all 43.61% · promoters 100.00% · institutions 26.17% · other public 0.37%
- Re-appointment of Smt. Rajeshwari Singh Muni (DIN: 09794972) as a Non-Executive DirectorOrdinary97.37% for2.63% against
Against: promoters 0.00% · institutions 99.99% · other public 1.57%
Turnout: all 37.98% · promoters 86.73% · institutions 26.17% · other public 0.37%
- Approval for re-appointment of Shri Sunil Kakar (DIN: 03055561) as an Independent Director.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.74%
Turnout: all 43.61% · promoters 100.00% · institutions 26.17% · other public 0.37%
- Approval for Material Related Party Transactions with Promoter Companies upto an aggregate limit of Rs. 1,000 crores only.OrdinaryPromoters have an interest in it99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 1.54%
Turnout: all 1.20% · promoters 0.00% · institutions 26.17% · other public 0.37%
- Approval for Private Placement of Redeemable Non-Convertible Debentures (NCDs)/Bonds upto an aggregate outstanding limit of ₹ 2,500 croresSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.44%
Turnout: all 43.62% · promoters 100.00% · institutions 26.17% · other public 0.40%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 30 Oct 2025, 1 resolution
65,750 shareholders on the register on 26 Sep 2025; votes counted by VAIBHAV DANDAWATE / MMJC & CO., PRACTISING COMPANY SECRETARIES.The company's voting result (opens in a new tab)
- Appointment of Shri Dinesh Waghela (DIN 08072065) as an Independent Director.Special96.92% for3.08% against
Against: promoters 0.00% · institutions 20.65% · other public 20.30%
Turnout: all 49.85% · promoters 100.00% · institutions 92.55% · other public 0.68%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 19 Aug 2025, 10 resolutions
66,828 shareholders on the register on 12 Aug 2025; present: 5 promoters and 58 others; votes counted by Alifya Sapatwala / Mehta & Mehta Company Secretaries.The company's voting result (opens in a new tab)
- To Consider and approve Standalone and Consolidated Financial Statements along with Report of Directors and AuditorOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 3.01%
Turnout: all 49.85% · promoters 100.00% · institutions 92.26% · other public 0.69%
- Declaration of Dividend for the year ended march 31, 2025.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 3.06%
Turnout: all 49.89% · promoters 100.00% · institutions 92.71% · other public 0.69%
- Re-appointment of Shri B. S. Rahul (DIN 10610759) as a Non-Executive Director.Ordinary99.31% for0.69% against
Against: promoters 0.00% · institutions 4.04% · other public 16.29%
Turnout: all 49.89% · promoters 100.00% · institutions 92.71% · other public 0.69%
- Re-appointment of Smt. Girija Subramanian (DIN 09196957) as a Non-Executive Director.Ordinary99.31% for0.69% against
Against: promoters 0.00% · institutions 4.04% · other public 16.29%
Turnout: all 49.89% · promoters 100.00% · institutions 92.71% · other public 0.69%
- Approval for appointment of M/s. Gokhale & Sathe, Chartered Accountants (Firm registration No.103264W) as Statutory Auditor of the Company.Ordinary99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 16.29%
Turnout: all 49.89% · promoters 100.00% · institutions 92.71% · other public 0.69%
- Approval for appointment of M/s. Mehta & Mehta, Company Secretaries (Peer Review No. P1996MH007500) as Secretarial Auditor of the Company.Ordinary99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 16.29%
Turnout: all 49.89% · promoters 100.00% · institutions 92.71% · other public 0.69%
- Approval for re-appointment of Shri N. Damodharan (DIN 07759291) as an Independent Director.Special99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 16.29%
Turnout: all 49.89% · promoters 100.00% · institutions 92.71% · other public 0.69%
- Approval for Appointment of Shri Sanjay Joshi (DIN 11137995) as a Non-Executive Director.Ordinary99.31% for0.69% against
Against: promoters 0.00% · institutions 4.04% · other public 16.29%
Turnout: all 49.89% · promoters 100.00% · institutions 92.71% · other public 0.69%
- Approval for Material Related Party Transactions with Promoter Companies upto an aggregate limit of Rs. 1,000 crores only.OrdinaryPromoters have an interest in it99.85% for0.15% against
Against: promoters 0.00% · institutions 0.00% · other public 3.29%
Turnout: all 7.48% · promoters 0.00% · institutions 92.71% · other public 0.69%
- Approval for Private Placement of Redeemable Non-Convertible Debentures (NCDs)/Bonds upto an aggregate outstanding limit of Rs. 2,500 crores.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 3.28%
Turnout: all 49.89% · promoters 100.00% · institutions 92.71% · other public 0.69%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 21 Mar 2025, 1 resolution
68,805 shareholders on the register on 14 Feb 2025; votes counted by Omkar Dindorkar / MMJB & ASSOCIATES, COMPANY SECRETARIES.The company's voting result (opens in a new tab)
- Appointment of Shri Sachindra Salvi (DIN 10930663) as Managing Director & CEO with effect from March 01, 2025.Ordinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.85% · other public 10.58%
Turnout: all 50.32% · promoters 100.00% · institutions 94.41% · other public 0.53%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 13 Sep 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Smt. Girija Subramanian (DIN 09196957) as a Non-Executive Director of the Company.Ordinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 25.14%
Turnout: all 50.38% · promoters 100.00% · institutions 86.14% · other public 0.76%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 31 Jul 2024, 7 resolutions
Present: 4 promoters and 55 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the - (a) audited annual standalone financial statements for the year ended March 31, 2024, together with the reports of the Directors and Auditors thereon; andn(b) audited annual consolidated financial statements for the year ended March 31, 2024, together with the reports of the Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.59%
Turnout: all 50.12% · promoters 100.00% · institutions 87.10% · other public 0.40%
- Declaration of Dividend for the year ended March 31, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.58%
Turnout: all 50.16% · promoters 100.00% · institutions 87.49% · other public 0.40%
- Re-appointment of Shri Rashmi Raman Singh (DIN 08975825) as a Non-Executive Director.Ordinary99.65% for0.35% against
Against: promoters 0.00% · institutions 2.29% · other public 0.71%
Turnout: all 50.16% · promoters 100.00% · institutions 87.49% · other public 0.40%
- Re-appointment of Smt. Rajeshwari Singh Muni (DIN 09794972) as a Non-Executive DirectorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.71%
Turnout: all 50.16% · promoters 100.00% · institutions 87.49% · other public 0.40%
- Approval for Appointment of Shri B. S. Rahul (DIN 10610759) as a Non-Executive Director.Ordinary99.59% for0.41% against
Against: promoters 0.00% · institutions 2.29% · other public 0.70%
Turnout: all 42.81% · promoters 82.68% · institutions 87.49% · other public 0.40%
- Approval for Related Party Transactions upto an aggregate limit of ₹ 2,000 crores onlyOrdinaryPromoters have an interest in it98.83% for1.17% against
Against: promoters 0.00% · institutions 1.18% · other public 0.71%
Turnout: all 7.75% · promoters 0.00% · institutions 87.49% · other public 0.40%
- Approval for Private Placement of Redeemable Non-Convertible Debentures (NCDs)/Bonds upto an aggregate limit of ₹ 2,500 croresSpecial99.82% for0.18% against
Against: promoters 0.00% · institutions 1.18% · other public 0.71%
Turnout: all 50.16% · promoters 100.00% · institutions 87.49% · other public 0.40%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 15 Dec 2023, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Smt. Rajeshwari Singh Muni (DIN 09794972) as a Non-Executive Director.Ordinary99.16% for0.84% against
Against: promoters 0.00% · institutions 4.80% · other public 13.09%
Turnout: all 50.68% · promoters 100.00% · institutions 83.74% · other public 0.69%
- Appointment of Shri Ramaswamy Narayanan (DIN 10337640) as a Non-Executive Director & Chairman.Ordinary99.79% for0.21% against
Against: promoters 0.00% · institutions 0.82% · other public 12.59%
Turnout: all 50.68% · promoters 100.00% · institutions 83.74% · other public 0.69%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.