Manipal Housing Finance Syndicate LIMITED. Pre IPO Shares, Buy/ Sell Manipal Housing Finance Syndicate LIMITED. Unlisted Shares, Manipal Housing Finance Syndicate LIMITED. Share Price, Manipal Housing Finance Syndicate LIMITED. Unlisted Share price

BOARD OF DIRECTORS

Mr. N. A. SHANBHAG (CHAIRMAN)

Mr. T. SUNIL PAI (EXECUTIVE DIRECTOR)

Mrs.VIJAYALAXMI N. PAI (DIRECTOR)

Mr. K GOKULDAS PAI (DIRECTOR)

Manipal Housing Finance Syndicate Limited (MHFSL) is a National Housing Bank (NHB) registered Housing Finance Company engaged in providing housing finance and mortgage loans to individuals. The company was incorporated in 1986 and is jointly promoted by the erstwhile Syndicate Bank (now Canara Bank) and the Manipal Group.

MHFSL offers a wide range of home loan products including home purchase, home construction, home improvement, home extension, plot purchase, mortgage loans, and loans against property. The company focuses on providing affordable housing finance with customer-centric services while contributing to the Government's vision of "Housing for All." It has established a strong presence across Karnataka and other states through its branch network and continues to expand its retail housing finance portfolio.

Products of Company

• • Home Loans
• • Home Construction Loans
• • Home Improvement Loans
• • Home Extension Loans
• • Plot Purchase Loans
• • Mortgage Loans
• • Loan Against Property (LAP)
• • Balance Transfer Facility
• • Deposit Schemes

Financial Highlights

• • The company is an NHB-registered Housing Finance Company with an A- credit rating, reflecting its stable financial position and strong credit profile.
• • MHFSL continues to expand its housing loan portfolio with a focus on retail home finance and affordable housing across South India.
• • Gross Income increased to ₹6,471.75 lakhs in FY 2024-25 from ₹5,862.14 lakhs in FY 2023-24, registering a growth of about 10.4%.
• • Profit Before Tax (PBT) rose to ₹1,659.59 lakhs from ₹1,551.37 lakhs, reflecting steady profitability despite higher borrowing costs.
• • Net Profit After Tax (PAT) increased to ₹1,237.76 lakhs, compared to ₹1,154.28 lakhs in the previous year, representing a growth of around 7.2%.
• • The company transferred ₹236.00 lakhs to the Special Reserve during FY 2024-25 in compliance with regulatory requirements.
• • The company maintains a diversified funding base through bank borrowings, refinance facilities, public deposits, and other financial institutions to support its lending operations.
• • Backed by the Manipal Group and Canara Bank, MHFSL has over three decades of experience in providing housing finance and continues to strengthen its presence in the Indian housing finance sector.

ANNUAL REPORT

• Manipal Housing Finance Syndicate LIMITED.