Earnings call transcript: Can Fin Homes Q2 2027 results show growth hit by IT overhaul
Can Fin Homes Ltd. reported Q2 FY 2027 results, showing earnings per share (EPS) and revenue that matched forecasts. The company's stock rose following the announcement, indicating investor confidence in a Q2 recovery after a technology overhaul. Disbursements were impacted by the rollout of Project Tejas, the IT transformation program, but were later restored to normal levels in the following month.
Management maintained full-year guidance of INR 13,000 crores, and expects growth in sales hiring, new branches, and rate pass-through. The company kept its AUM growth guidance between 13% and 14%, and emphasized that the slowdown was operational rather than structural. Revenue was slightly below expectations at 4.41 billion, while EPS matched the forecast at 20.28.
The bank expects Q3 disbursements to reach INR 3,500 crores and is targeting INR 16,000 crores of disbursements by FY 2028.
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