Sammaan Capital shares surged over 11% to hit an intraday high of ₹158 on the National Stock Exchange (NSE) following the company's Q4FY26 results announcement. According to reports from Business Standard, the stock was trading at ₹155, up 9.5% compared to the previous session's close of ₹141.80 as of 1:10 PM. The housing finance company's shares have fallen around 2.5% on a year-to-date basis, contrasting with a 9.5% decline in the benchmark Nifty50 index during the same period.
In the March 2026 quarter, Sammaan Capital reported a consolidated net loss of ₹8,101.4 crore compared to a loss of ₹324.04 crore in the corresponding quarter of the previous fiscal year. As reported by Business Standard, the company's net interest income (NII) declined 92% year-on-year to ₹84.3 crore from ₹1,057.2 crore. The quarter also included impairment on financial instruments of ₹2,958.1 crore and exceptional items of ₹6,499.1 crore during the quarter.
According to Sammaan Capital, the capital infusion by Abu Dhabi's IHC Group helped it fully write off and provide for legacy stressed assets, bringing both gross and net non-performing assets (NPAs) down to zero at the end of the March quarter. This transformation represents a significant improvement in the company's asset quality metrics, as reported by Business Standard. The company expects its marginal cost of funds to decrease by 160 bps initially and by as much as 270 bps over time as its credit ratings improve further.
Looking ahead, Sammaan Capital plans to increase the share of existing mortgage products to nearly 80% of total disbursements over FY27-FY28, as reported by Business Standard. Over the long term, the company plans to maintain an equal distribution of disbursements between mortgage-backed and non-mortgage products by FY2030. As part of its diversification efforts, the company plans to expand into segments including gold loans, business loans, personal loans, unsecured retail lending, and loans against securities. The company's credit profile has strengthened following rating upgrades to AA+ by all three domestic rating agencies.
According to Business Standard, Sammaan Capital reported robust liquidity and capital positions, with a Capital Adequacy Ratio (CAR) of 20.3% and a Liquidity Coverage Ratio (LCR) of 139%, well above the regulatory minimum requirement of 100%. The company's credit ratings have improved, enhancing its ability to raise funds and improve access to capital, supporting its strategic expansion plans across multiple lending segments.
