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JM Financial Home Loans Targets Rs 5,000 Crore AUM by FY27
3 Dec
Summary
- JM Financial Home Loans aims to reach Rs 5,000 crore AUM by FY27.
- This represents a 30 percent annual growth from the current Rs 3,000 crore.
- Growth will be driven by measured branch expansion and property price inflation.
JM Financial Home Loans is setting an aggressive target to grow its assets under management (AUM) to Rs 5,000 crore by the fiscal year 2027. This expansion plan signifies a substantial annual growth rate of 30 percent, building upon its current AUM of Rs 3,000 crore.
Manish Sheth, the managing director and chief executive officer, outlined that this growth will be fueled by a combination of strategic, measured branch expansion. Additionally, the company anticipates benefiting from property price inflation as a contributing factor to its AUM increase.
The company's forward-looking strategy also includes deepening its market penetration within its existing eight operational states, focusing on strengthening its presence and customer base in these established territories.
