Can Fin Homes Ltd
Can Fin Homes Ltd. is a public deposit-taking housing finance company promoted by Canara Bank in 1987, It focuses on funding to low & middle group individuals & first-time homebuyers preferably salaried or professional. However, since 2014 it is also increasing exposure to self-employed professionals & non-professionals. [1]
- Market Cap ₹ 9,926 Cr.
- Current Price ₹ 745
- High / Low ₹ 910 / 576
- Stock P/E 14.1
- Book Value ₹ 298
- Dividend Yield 0.46 %
- ROCE 8.36 %
- ROE 18.5 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company's median sales growth is 17.6% of last 10 years
Cons
- Stock is trading at 2.52 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance - Housing
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 286 | 392 | 578 | 816 | 1,083 | 1,353 | 1,518 | 1,727 | 2,030 | 2,018 | 1,988 | 2,742 | 3,360 |
Interest | 196 | 283 | 423 | 611 | 744 | 884 | 981 | 1,170 | 1,345 | 1,209 | 1,155 | 1,702 | 2,138 |
33 | 33 | 46 | 65 | 83 | 95 | 107 | 89 | 158 | 182 | 189 | 205 | 325 | |
Financing Profit | 57 | 76 | 109 | 140 | 257 | 373 | 430 | 468 | 528 | 627 | 644 | 835 | 896 |
Financing Margin % | 20% | 19% | 19% | 17% | 24% | 28% | 28% | 27% | 26% | 31% | 32% | 30% | 27% |
4 | 0 | 0 | 1 | 1 | 1 | 4 | 4 | 0 | 0 | 1 | 1 | 1 | |
Depreciation | 1 | 1 | 2 | 4 | 3 | 4 | 3 | 3 | 9 | 10 | 10 | 12 | 12 |
Profit before tax | 61 | 75 | 107 | 137 | 254 | 370 | 431 | 470 | 518 | 618 | 635 | 824 | 886 |
Tax % | 28% | 28% | 29% | 37% | 38% | 36% | 34% | 37% | 27% | 26% | 26% | 25% | |
44 | 54 | 76 | 86 | 157 | 235 | 286 | 297 | 376 | 456 | 471 | 621 | 707 | |
EPS in Rs | 3.29 | 4.07 | 5.69 | 6.48 | 11.80 | 17.68 | 21.49 | 22.29 | 28.25 | 34.25 | 35.38 | 46.65 | 53.13 |
Dividend Payout % | 14% | 15% | 18% | 22% | 17% | 11% | 9% | 9% | 7% | 6% | 8% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | 21% |
5 Years: | 13% |
3 Years: | 11% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | 28% |
5 Years: | 17% |
3 Years: | 18% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | 32% |
5 Years: | 19% |
3 Years: | 13% |
1 Year: | 30% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 18% |
3 Years: | 18% |
Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 20 | 20 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
Reserves | 327 | 372 | 432 | 745 | 852 | 1,050 | 1,460 | 1,756 | 2,123 | 2,583 | 3,040 | 3,621 | 3,935 |
2,300 | 3,539 | 5,269 | 7,375 | 9,444 | 11,872 | 13,921 | 16,880 | 18,748 | 19,293 | 24,648 | 29,068 | 30,628 | |
68 | 136 | 191 | 188 | 433 | 430 | 322 | 67 | 145 | 171 | 230 | 355 | 296 | |
Total Liabilities | 2,716 | 4,067 | 5,912 | 8,334 | 10,756 | 13,379 | 15,730 | 18,729 | 21,044 | 22,074 | 27,944 | 33,070 | 34,885 |
3 | 6 | 8 | 9 | 9 | 10 | 10 | 10 | 38 | 38 | 35 | 45 | 45 | |
CWIP | -0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | 17 | 16 | 15 | 15 | 15 | 16 | 16 | 16 | 24 | 50 | 1,126 | 1,459 | 1,459 |
2,696 | 4,044 | 5,889 | 8,310 | 10,732 | 13,352 | 15,704 | 18,703 | 20,981 | 21,986 | 26,784 | 31,566 | 33,381 | |
Total Assets | 2,716 | 4,067 | 5,912 | 8,334 | 10,756 | 13,379 | 15,730 | 18,729 | 21,044 | 22,074 | 27,944 | 33,070 | 34,885 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
74 | 103 | 114 | 53 | 382 | -2,356 | -2,018 | -2,335 | -1,842 | -851 | -3,916 | -4,044 | |
8 | -3 | -1 | -4 | -11 | -7 | -2 | -4 | -13 | -28 | -1,380 | -327 | |
-101 | -109 | -112 | -55 | -371 | 2,363 | 2,019 | 2,739 | 1,826 | 508 | 5,299 | 4,370 | |
Net Cash Flow | -19 | -9 | 1 | -6 | -0 | 0 | -1 | 401 | -29 | -372 | 2 | -1 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 13% | 15% | 18% | 14% | 19% | 24% | 22% | 18% | 19% | 19% | 17% | 18% |
Documents
Announcements
- Board Meeting Intimation for Intimation Of Meeting Of Board - Approval Of Q4 FY24 Financial Results 2d
- Compliance Certificate For The Financial Year Ended March 31, 2024- Regulation 40(9) And 40(10) Read With Regulation 61(4) Of SEBI (LODR) Regulations, 2015. 10 Apr
- Compliances-Half Yearly Report (SEBI Circular No. CIR/IMD/DF-1/67/2017) 9 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate by RTA in compliance of Regulation 74 (5) of the SEBI (Depositaries and Participants) Regulations 2018 for the quarter ended 31/03/2024. For details please …
- Compliance Certificate By The Compliance Officer And RTA For The Year Ended March 31, 2024 8 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Jan 2024Transcript PPT
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Increase in Branch network
Branch network increased from 140 (Mar 16) to 198 as on Dec 20 (184 branches+ 21 affordable housing loan centers + 14 satellite offices) over 100 cities spread across 21 states.
The total no of employees increased from 205 (Mar 10) to 838 (Dec 20) [1] [2]