Can Fin Homes Ltd Stock Analysis

BSE: 511196 | NSE: CANFINHOME | Finance - Housing | Mid Cap

BSE Share Price 02-Dec-2022 18:01
551.75 2.85 (0.52%)

DeciZen - Make an Informed Decision on Can Fin Homes

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Can Fin Homes Price Chart

P/E Ratio (SA) :
13.54
Market Cap :
7,346.8 Cr.
52-wk low :
408
52-wk high :
685
Bole Toh?

1. Is Can Fin Homes Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Can Fin Homes Ltd is a good quality company.

2. Is Can Fin Homes Ltd undervalued or overvalued?

The key valuation ratios of Can Fin Homes Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Can Fin Homes Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Can Fin Homes Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Can Fin Homes:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Can Fin Homes Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Operating Income (₹ Cr.)3925788161,0831,3531,5181,7272,0302,0181,9882,338
YoY Gr. Rt. %-47.2%41.3%32.7%24.9%12.2%13.8%17.6%-0.6%-1.5%-
Adj EPS (₹ ) 4.96.86.511.817.721.522.328.334.335.440.8
YoY Gr. Rt. %-40%-4.6%82.1%49.8%21.6%3.7%26.7%21.2%3.3%-
BVPS (₹ )35.240.6586680.9111.7133.8161.5196230.3253.1
YoY Gr. Rt. %-15.4%42.9%13.8%22.6%38.1%19.9%20.6%21.4%17.5%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)1.61.51.21.7221.71.92.11.90

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Net Interest Income19.8%8%4.8%-1.5%
Adj EPS24.7%14.9%16.7%3.3%
BVPS23.2%23.3%19.8%17.5%
Share Price 35.8% 3.7% 11.3% -5.5%

Key Financial Ratios

RATIOS \ YEARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)000000.20.40.500-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 15.413.818.420.718.519.116.422.300-
Margins
Net Profit Margin (%)13.813.110.614.517.418.917.218.522.623.723.2
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)14.617.914.119.124.122.318.219.119.216.616.1

Recent Performance Summary

Total Income has increased 4.80 CAGR in last 3 years

Net Profit has increased 16.65 CAGR in last 3 years

Total income growth is good in last 4 quarters

Return on Equity has declined versus last 3 years average to 16.90%

Latest Financials - Can Fin Homes Ltd.

Standalone Consolidated
TTM EPS (₹) 40.8 -
TTM Sales (₹ Cr.) 2,338 -
BVPS (₹.) 253.1 -
Reserves (₹ Cr.) 3,344 -
P/BV 2.18 -
PE 13.54 -
From the Market
52 Week Low / High (₹) 408.00 / 685.00
All Time Low / High (₹) 2.02 / 721.25
Market Cap (₹ Cr.) 7,347
Equity (₹ Cr.) 26.6
Face Value (₹) 2
Industry PE 24.6

Management X-Ray of Can Fin Homes :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Can Fin Homes

Adj EPS (Rs.)
Total Income (Cr.)
ROE (%)
BVPS (Rs.)

News

Can Fin Homes Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Can Fin Homes on 02-Dec-2022 18:01 is : 551.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Dec-2022 18:01 the market cap of Can Fin Homes stood at ₹ 7,346.8.
The latest PE ratio of Can Fin Homes as of 02-Dec-2022 18:01 is 13.54.
The latest PB ratio of Can Fin Homes as of 02-Dec-2022 18:01 is 2.18
The 52-week high of Can Fin Homes is ₹ 685.0 and the 52-week low is ₹ 408.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Can Fin Homes is ₹ 2,338 ( Cr.) .

About Can Fin Homes Ltd

Can Fin Homes Ltd is one of the top players in the housing finance sector, in the country. The Company has completed many successful years of operation in the field of home finance and has a renowned history of making profits and paying dividends continuously, since inception in 1987.

The company has several branches and satellite offices linked to the Registered Office at Bangalore through a core banking platform. Being a south based company, 70% of its branches are located in southern India.

Since its inception in 1987, the company continues to promote home ownership across the country with the motto of friendship finance and good service. The company has been progressively working towards its vision of sustaining high asset quality, business growth and favourable profit margins.

Business area of the company

Can Fin Homes is a Housing Finance Company offers finance for construction of a house, loan for the purchase of a flat or house, finance for the acquisition of a plot and construction of a house on the same. Under the composite housing loan scheme; it offers loan for the extension of existing house and loan towards the repairs, renovation and upgradation of a house or flat. Can Fin also provides offers fixed deposit, cumulative deposit, fixed deposit scheme for senior citizens, cumulative deposit scheme for senior citizens, Canfin Trust Fixed Deposit scheme and Canfin Trust Cumulative Deposit scheme. 

Milestones

  • 1987: 1st branch of CFHL inaugurated at Jayanagar, Bangalore on 26th Dec
  • 1988: Opened fist branch outside South India at Delhi
  • 1991: The company’s loan book size crossed Rs 100 crore
  • 2012: Completed 25 Years
  • 2012: Disbursements crossed Rs 1000 crore
  • 2012: 50th Branch of Can Fin opened at NCR-Pitampura
  • 2013:  Migrated to CBS platform (Integrated Business Suite) Loan Book size crossed 10,000 crore
  • 2014: Operating Profit crossed Rs 100 crore
  • 2014: 100th Branch of Can Fin at Begur, B’lore inaugurated on 5th July
  • 2014: Opened first Satellite Office ISO) at Yelahanka (have 36 SOs now)
  • 2014: Received AAA Rating for loans/NCDs, Al for CP
  • 2015: Net Profit surpassed Rs.I00 crore mark
  • 2015: Raised Rs.276 crore capital under Rights Issue (March 2015)
  • 2015: Became a mid-cap stock (Rs 1000 crore mCap)
  • 2015: Became a mid-cap stock (Rs 1000 crore mCap)
  • 2015: The company’s Share price crossed Rs 1000 on stock exchanges on 9th Oct 2015
  • 2016: Loon Book surpassed 10,000 crore mark on 31st Jan 2016
  • 2016: mCap crossed Rs 3000 crore as on 31st March
  • 2016: Opened 120th Branch & 50th Satellite Office during Apr-May
  • 2017: Can Fin Homes enters 30th year of its service to the society
  • 2017: Loan Book ahead of Rs.3000 crore (as at mar 17)
  • 2017: Fresh approvals crossed Rs.5000 crore matt for the FY
  • 2017: The HFC which was least affected by Demonetisation
  • 2017: Crossed outstanding clientele base of 1,00,000 for the first time
  • 2017: Opened 15 Affordable Housing Loan Centres (AHLC)
  • 2018: Runner-up in NBFC category FY17 by FE India's Best Banks Awards 2018
  • 2018: Foray into distribution of fife Insurance products through Corporate Agency
  • 2018: Can Fin Homes made its foray into the states of Punjab and West Bengal
  • 2019: Loan Book crossed the Rs.19003 crore mark
  • 2019: Foray into distribution of general insurance products through Corporate Agency
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