Our journey so far

LOOKING BACKWARD TO MOVE FORWARD

1988

Obtained the National Housing Bank (NHB) license for loans and deposits
Commenced operations

1994

Crossed ` 100 crores in loan portfolio

2003

Notified under SARFAESI (Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest) Act

2006

Crossed ` 1,000 crores in loan portfolio

2009

Destimoney Enterprises Limited (DEL) acquired 26% stake in the Company

2010

Launched business process re-engineering project, ‘Kshitij’

2011

New brand positioning with refurbished, elegant, convenient and secured offices
Robust and scalable target operating model (TOM) implementation commenced

2012

DEL raised stake from 26% to 49% through conversion of compulsory convertible debentures (CCD)

2014

PAT crossed ` 100 crores
Portfolio crossed ` 10,000 crores

2015

Implemented end-to-end Enterprise System Solution
DEL acquired by Quality Investment Holdings (QIH) of the Carlyle Group

2016

Listed on Indian stock exchanges through IPO; raised ` 3,000 crores
AUM crossed ` 25,000 crores
Target operating model (TOM) fully implemented

2017

Crossed ` 50,000 crores in AUM
Crossed ` 10,000 crores in deposits
Certified as a ‘Great Place to Work’ by building a ‘High Trust, High Performance Culture’
Incorporated a wholly owned subsidiary, PHFL Home Loans and Services Limited

2018

Included in the MSCI Global Small Cap Index
Certified as a ‘Great Place to Work’ for the second year in a row
Recognised as ‘Best BFSI Brand’ by Economic Times

2019

Carrying the Saksham ethos forward, the Pehel Foundation was incorporated as the dedicated CSR vehicle of the Company
Crossed ` 15,000 crores in deposits
Opened a deposits-only branch in Fort, Mumbai

2020

Received ISO 27001:2013 certification, one of the highest security standards in India
Became the first HFC to sign a funding of US$75 million via external commercial borrowings from Japan International Corporation Agency (JICA)