BSE: 523465 | NSE: | Finance - Housing | Small Cap
1. Is Ind Bank Housing Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ind Bank Housing Ltd is a below average quality company.
2. Is Ind Bank Housing Ltd undervalued or overvalued?
The key valuation ratios of Ind Bank Housing Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Ind Bank Housing Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ind Bank Housing Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
|Operating Income (₹ Cr.)||0.2||0.2||0.5||0.3||1.1||2.1||0.6||0.5||0.1||0||0|
|YoY Gr. Rt. %||-||31.3%||114.3%||-28.9%||228.1%||101%||-73%||-12.3%||-88%||-100%||-|
|Adj EPS (₹ )||-8.6||-9.2||-7.4||-11.5||-11.2||1.8||0.1||2.7||-0.2||-0.1||-0.2|
|YoY Gr. Rt. %||-||NA||NA||NA||NA||NA||-92.7%||2007.7%||-106.9%||NA||-|
|BVPS (₹ )||-84.3||-93.6||-100.9||-112.4||-123.7||-121.9||-121.8||-119||-119.2||-119.3||-119.5|
|YoY Gr. Rt. %||-||NA||NA||NA||NA||NA||NA||NA||NA||NA||-|
|To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ|
|Net Profit/Total Funds (%)||-53.4||-39.3||-25.8||-42.5||-41||6.7||0.5||12||-0.9||-0.6||0|
CAGR ⓘCAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Net Interest Income||-100%||-100%||-100%||-100%|
Key Financial Ratios
|RATIOS \ YEARS||Mar'13||Mar'14||Mar'15||Mar'16||Mar'17||Mar'18||Mar'19||Mar'20||Mar'21||Mar'22||TTM|
|Asset Quality Ratio||To view Asset Quality Ratio Colour Rating Guide click here ⓘ|
|Net NPA to Net Advances (%)||0||0||0||0||0||0||0||0||0||0||-|
|Capitalization Ratio||To view Capitalization Ratio Colour Rating Guide click here ⓘ|
|Capital Adequacy Ratio (%)||0||0||0||0||0||0||0||0||0||0||-|
|Net Profit Margin (%)||-5227.2||-4488.6||-1640.7||-3548.4||-1073.3||84.5||23.3||550.1||-314.3||0||0|
|Performance Ratios||To view Performance Ratios Colour Rating Guide click here ⓘ|
|Return on Equity (%)||0||0||0||0||0||0||0||0||0||0||0.2|
Return on Equity has increased versus last 3 years average to 0.20%
Total Income has declined 0.00 CAGR in last 3 years
Net Profit has declined -200.00 CAGR in last 3 years
Total income growth is poor in last 4 quarters
|TTM EPS (₹)||-0.2||-|
|TTM Sales (₹ Cr.)||0||-|
|BVPS (₹.) ⓘ||-119.5||-|
|Reserves (₹ Cr.) ⓘ||-129||-|
|From the Market|
|52 Week Low / High (₹)||22.10 / 47.90|
|All Time Low / High (₹)||1.50 / 110.00|
|Market Cap (₹ Cr.)||26.3|
|Equity (₹ Cr.)||10|
|Face Value (₹)||10|
|Industry PE ⓘ||22.8|
Ind Bank Housing was incorporated on February 05, 1991 and commenced business with the objective of providing long-term finance to individuals and companies to construct or purchase residential premises in India. It has been promoted together by Indian Bank (with a 51% equity participation) and HUDCO (with a 25% equity participation).
The company has stopped fresh lending due to liquidity problems and to conform with National Housing Bank regulations. The company is focusing on recovery of housing loans and other assets. It has been notified as a financial institution under the Securitisation Act on March 16, 2006. This has helped in the speedy recovery of non performing assets (NPAs). Various branches have been established in major cities like Madras, Coimbatore, Madurai, Thanjavur, Pondicherry, Hyderabad, Mangalore, Bangalore, and Vishakapatnam.
Business areas of the company:
Ind Bank Housing, an arm of Indian Bank, is one of the prominent names in the housing finance market of India. It provides housing loans for purchase or construction of house/flat, as well as, for the up gradation, repairs or additional construction on the existing building.
Ind Bank Housing provides housing loan up to 25 lacs for the purpose of purchase/construction of house/flat. For renovation / repair / up gradation, it sanctions loan up to 5 lacs. The borrower has to pay minimum 15% of the total project cost.