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 ₹ 11,117 Cr.
- Current Price ₹ 835
- High / Low ₹ 910 / 680
- Stock P/E 14.8
- Book Value ₹ 326
- Dividend Yield 0.72 %
- ROCE 9.25 %
- ROE 18.8 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 20.4% CAGR over last 5 years
- Company's median sales growth is 17.6% of last 10 years
Cons
- Stock is trading at 2.56 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 392 | 578 | 816 | 1,083 | 1,353 | 1,518 | 1,727 | 2,030 | 2,018 | 1,988 | 2,742 | 3,523 |
Interest | 283 | 423 | 611 | 744 | 884 | 981 | 1,170 | 1,345 | 1,209 | 1,155 | 1,702 | 2,231 |
33 | 46 | 65 | 83 | 95 | 107 | 89 | 158 | 182 | 189 | 205 | 323 | |
Financing Profit | 76 | 109 | 140 | 257 | 373 | 430 | 468 | 528 | 627 | 644 | 835 | 969 |
Financing Margin % | 19% | 19% | 17% | 24% | 28% | 28% | 27% | 26% | 31% | 32% | 30% | 27% |
0 | 0 | 1 | 1 | 1 | 4 | 4 | 0 | 0 | 1 | 1 | 2 | |
Depreciation | 1 | 2 | 4 | 3 | 4 | 3 | 3 | 9 | 10 | 10 | 12 | 13 |
Profit before tax | 75 | 107 | 137 | 254 | 370 | 431 | 470 | 518 | 618 | 635 | 824 | 958 |
Tax % | 28% | 29% | 37% | 38% | 36% | 34% | 37% | 27% | 26% | 26% | 25% | 22% |
54 | 76 | 86 | 157 | 235 | 286 | 297 | 376 | 456 | 471 | 621 | 751 | |
EPS in Rs | 4.07 | 5.69 | 6.48 | 11.80 | 17.68 | 21.49 | 22.29 | 28.25 | 34.25 | 35.38 | 46.65 | 56.38 |
Dividend Payout % | 15% | 18% | 22% | 17% | 11% | 9% | 9% | 7% | 6% | 8% | 8% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | 15% |
3 Years: | 20% |
TTM: | 28% |
Compounded Profit Growth | |
---|---|
10 Years: | 26% |
5 Years: | 20% |
3 Years: | 18% |
TTM: | 21% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 19% |
3 Years: | 18% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 18% |
3 Years: | 18% |
Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 20 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
Reserves | 372 | 432 | 745 | 852 | 1,050 | 1,460 | 1,756 | 2,123 | 2,583 | 3,040 | 3,621 | 4,317 |
3,539 | 5,269 | 7,375 | 9,444 | 11,872 | 13,921 | 16,880 | 18,748 | 19,293 | 24,648 | 29,068 | 31,863 | |
136 | 191 | 188 | 433 | 430 | 322 | 67 | 145 | 171 | 230 | 355 | 395 | |
Total Liabilities | 4,067 | 5,912 | 8,334 | 10,756 | 13,379 | 15,730 | 18,729 | 21,044 | 22,074 | 27,944 | 33,070 | 36,602 |
6 | 8 | 9 | 9 | 10 | 10 | 10 | 38 | 38 | 35 | 45 | 53 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 16 | 15 | 15 | 15 | 16 | 16 | 16 | 24 | 50 | 1,126 | 1,459 | 1,459 |
4,044 | 5,889 | 8,310 | 10,732 | 13,352 | 15,704 | 18,703 | 20,981 | 21,986 | 26,784 | 31,566 | 35,090 | |
Total Assets | 4,067 | 5,912 | 8,334 | 10,756 | 13,379 | 15,730 | 18,729 | 21,044 | 22,074 | 27,944 | 33,070 | 36,602 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
103 | 114 | 53 | 382 | -2,356 | -2,018 | -2,335 | -1,842 | -851 | -3,916 | -4,044 | -2,570 | |
-3 | -1 | -4 | -11 | -7 | -2 | -4 | -13 | -28 | -1,380 | -327 | -170 | |
-109 | -112 | -55 | -371 | 2,363 | 2,019 | 2,739 | 1,826 | 508 | 5,299 | 4,370 | 2,738 | |
Net Cash Flow | -9 | 1 | -6 | -0 | 0 | -1 | 401 | -29 | -372 | 2 | -1 | -1 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 15% | 18% | 14% | 19% | 24% | 22% | 18% | 19% | 19% | 17% | 18% | 19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - A meeting through Video Conference was held between Mr. Suresh S Iyer, Managing Director & CEO, Mr. Vikram Saha, Dy. Managing Director and Mr. Apurav …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13 Jun - A meeting was held between Mr. Suresh S Iyer, Managing Director & CEO, Mr. Vikram Saha, Dy. Managing Director, Mr. Prakash Shanbhogue, DGM (Officiating GM) …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Jun - A meeting through Video Conference is scheduled between Mr. Suresh S Iyer, Managing Director & CEO and top management team of the Company with the …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Jun - A meeting is scheduled between Mr. Suresh S Iyer, Managing Director & CEO and top management team of the Company with the representatives of M/s …
- Annual General Meeting (AGM) 6 Jun
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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May 2024Transcript PPT
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Oct 2023Transcript PPT
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Aug 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Oct 2020Transcript PPT
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Nov 2019Transcript PPT
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Nov 2019TranscriptNotesPPT
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Oct 2018Transcript PPT
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Oct 2017Transcript PPT
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Apr 2017TranscriptNotesPPT
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Jul 2016TranscriptNotesPPT
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Feb 2016TranscriptNotesPPT
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Jan 2016TranscriptNotesPPT
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]