Results · Financial Services

Vridhi Home Finance reports five times profit growth

By Startup Enthusiast · 20 June 2026

What they do

Vridhi Home Finance provides home loans to borrowers in smaller towns across India

The company posted a net profit of ₹22.3 Cr in FY26, which is five times higher than the previous year

Total income doubled to ₹103.4 Cr while managed assets grew significantly during the same period

Vridhi Home Finance reported a net profit of ₹22.3 Cr for the fiscal year 2026.
This profit represents a five-fold increase from the ₹4.6 Cr earned in FY25.
The company's total income doubled to ₹103.4 Cr, up from ₹47.9 Cr in the previous year.
Managed assets grew to ₹1,005.3 Cr, rising from ₹609.3 Cr in FY25.
The return on managed assets improved to 2.8%, compared to 1.1% in FY25.
The company holds a net worth of ₹533.9 Cr as of March 2026.
Non-performing asset ratios remain low with GNPA at ~0.29% and NNPA at 0.22%.

Investor interest is rising in affordable housing and lending fintech companies in India.
The India lending tech market is expected to reach $1.3 Tn by 2030.
Strong financial results signal healthy growth in the underserved home loan segment.

Vridhi Home Finance offers home loans ranging from ₹3 Lakh to ₹45 Lakh.
The company targets underserved borrowers located in smaller towns across India.
It operates an offline distribution model supported by tech-driven processes.
The firm received its HFC licence (Housing Finance Company license) in 2023.
Operations span 92 branches across six states in the country.
The average loan size issued by the company is approximately ₹11 Lakh.
The company has raised over ₹515 Cr since its inception.
A Series B round of ₹310 Cr was led by Norwest Venture Partners in 2024.
The company aims for AUM growth of more than 60% annually over the next three to four years.

The company plans to achieve AUM growth of more than 60% annually over the next three to four years.