Star Housing Finance Ltd

Star Housing Fin Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Star Housing Finance Ltd

₹ 54.4 0.11%
23 Apr - close price
akmestarhfc.in BSE: 539017
About

Incorporated in 2005, Star Housing Finance Ltd provides loans for the purchase, construction, development and repair of houses, apartments
and commercial properties in India[1]

Key Points

Business Overview:[1][2]
Star HFL is registered as a Non-Deposit Taking Non- Banking finance Company - Housing Finance Company (HFC). It is a rural-focused housing finance company operational in affordable housing finance. Company offers retail home loans up to Rs. 25 lakhs. These loans qualify under Priority Sector Lending Norms and the units financed qualify under PMAY guidelines

Website BSE
  • Market Cap ₹ 429 Cr.
  • Current Price ₹ 54.4
  • High / Low ₹ 82.5 / 34.1
  • Stock P/E 48.9
  • Book Value ₹ 14.3
  • Dividend Yield 0.09 %
  • ROCE 9.49 %
  • ROE 8.31 %
  • Face Value ₹ 5.00
Edit ratios

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 24.7%

Cons

  • Stock is trading at 3.81 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -0.83%
  • Promoter holding is low: 19.8%
  • Company has a low return on equity of 4.69% over last 3 years.
  • 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

Edit Columns
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Revenue 4.12 4.17 4.34 4.54 4.71 5.11 5.15 8.63 9.96 11.60 12.29 13.67 16.33
Interest 1.16 1.38 1.41 1.65 1.62 1.49 2.01 2.06 2.84 4.38 5.45 6.53 7.67
1.56 3.99 2.69 2.35 2.66 2.78 3.14 4.04 4.25 6.16 4.62 4.78 5.41
Financing Profit 1.40 -1.20 0.24 0.54 0.43 0.84 0.00 2.53 2.87 1.06 2.22 2.36 3.25
Financing Margin % 33.98% -28.78% 5.53% 11.89% 9.13% 16.44% 0.00% 29.32% 28.82% 9.14% 18.06% 17.26% 19.90%
0.00 0.00 0.13 0.01 0.00 0.50 1.01 0.00 0.00 0.90 0.00 0.00 0.00
Depreciation 0.04 0.05 0.05 0.06 0.07 0.10 0.07 0.08 0.10 0.10 0.14 0.15 0.18
Profit before tax 1.36 -1.25 0.32 0.49 0.36 1.24 0.94 2.45 2.77 1.86 2.08 2.21 3.07
Tax % 38.97% 39.20% 28.12% 22.45% 19.44% 34.68% 25.53% 29.80% 29.60% -40.86% 25.00% 6.33% 17.92%
0.82 -0.75 0.24 0.37 0.30 0.82 0.70 1.72 1.94 2.62 1.55 2.07 2.52
EPS in Rs 0.13 -0.12 0.04 0.06 0.05 0.12 0.11 0.24 0.26 0.34 0.20 0.27 0.32
Gross NPA % 2.54% 2.15% 1.68% 1.56% 1.46% 1.64%
Net NPA % 1.97% 1.65% 1.25% 1.13% 1.08% 1.24%
Raw PDF

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 0.44 0.74 1.37 2.01 2.71 3.36 6.97 11.73 15.90 15.69 18.72 35.33 53.89
Interest 0.05 0.20 0.38 0.37 0.30 0.47 1.71 4.51 4.92 5.01 6.17 11.40 24.03
0.19 0.28 0.46 0.65 0.69 0.78 1.31 1.23 4.81 8.35 11.60 17.47 20.97
Financing Profit 0.20 0.26 0.53 0.99 1.72 2.11 3.95 5.99 6.17 2.33 0.95 6.46 8.89
Financing Margin % 45.45% 35.14% 38.69% 49.25% 63.47% 62.80% 56.67% 51.07% 38.81% 14.85% 5.07% 18.28% 16.50%
0.00 0.00 0.01 0.01 0.02 0.04 0.09 0.00 0.00 0.00 0.64 1.91 0.90
Depreciation 0.01 0.01 0.01 0.02 0.05 0.05 0.04 0.03 0.04 0.15 0.27 0.36 0.57
Profit before tax 0.19 0.25 0.53 0.98 1.69 2.10 4.00 5.96 6.13 2.18 1.32 8.01 9.22
Tax % 26.32% 24.00% 32.08% 31.63% 31.36% 32.86% 27.75% 31.21% 17.78% 28.44% 53.03% 12.98%
0.13 0.19 0.37 0.67 1.16 1.41 2.90 4.10 5.04 1.56 0.62 6.98 8.76
EPS in Rs 0.18 0.18 0.22 0.14 0.24 0.30 0.60 0.85 0.81 0.25 0.09 0.90 1.13
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.11% 15.07% 53.48% 5.53%
Compounded Sales Growth
10 Years: 47%
5 Years: 38%
3 Years: 30%
TTM: 87%
Compounded Profit Growth
10 Years: 43%
5 Years: 19%
3 Years: 11%
TTM: 69%
Stock Price CAGR
10 Years: %
5 Years: 31%
3 Years: 40%
1 Year: 12%
Return on Equity
10 Years: 7%
5 Years: 7%
3 Years: 5%
Last Year: 8%

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 0.92 1.28 2.17 5.93 5.93 11.87 12.08 12.08 15.67 15.67 16.58 38.58 38.61
Reserves 1.52 3.19 7.96 9.45 10.60 6.08 10.53 17.97 36.80 37.97 46.22 66.54 73.87
0.41 2.04 2.80 2.73 1.27 6.68 29.56 41.75 37.70 64.28 78.48 162.50 224.08
0.20 0.10 0.15 0.28 0.34 0.35 2.10 0.84 0.77 6.84 11.98 17.89 22.33
Total Liabilities 3.05 6.61 13.08 18.39 18.14 24.98 54.27 72.64 90.94 124.76 153.26 285.51 358.89
0.04 0.03 0.02 0.04 0.46 0.47 0.46 1.00 1.21 1.57 1.65 3.76 4.96
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.80 0.88 0.88 0.88 0.88 0.88 3.56 3.56 3.56 8.58 7.38 7.73
3.01 5.78 12.18 17.47 16.80 23.63 52.93 68.08 86.17 119.63 143.03 274.37 346.20
Total Assets 3.05 6.61 13.08 18.39 18.14 24.98 54.27 72.64 90.94 124.76 153.26 285.51 358.89

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
-0.28 -2.78 -5.41 -1.38 -2.16 -2.81 -22.09 -13.90 -10.67 -9.01 -6.29 -111.03
0.11 -0.71 0.16 0.07 -0.32 0.17 0.20 -0.01 -0.25 -4.01 -7.05 -10.14
0.20 3.46 6.05 4.51 -1.46 4.61 20.94 15.86 8.95 32.02 22.41 120.09
Net Cash Flow 0.03 -0.03 0.80 3.20 -3.95 1.97 -0.95 1.94 -1.96 19.00 9.08 -1.08

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 % 5.47% 5.50% 5.07% 5.25% 7.27% 8.18% 14.30% 15.57% 12.22% 2.94% 1.06% 8.31%

Shareholding Pattern

Numbers in percentages

20 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Jul 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
40.90% 40.90% 41.21% 37.38% 35.93% 31.23% 24.02% 22.90% 22.22% 20.62% 19.79% 19.62%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.06% 1.04% 1.04% 1.04% 0.51% 1.15%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.22% 0.00% 0.00%
59.10% 59.10% 58.79% 62.62% 64.07% 68.77% 74.93% 76.06% 76.74% 78.13% 79.70% 79.24%
No. of Shareholders 1,0491,1801,5911,9661,9572,2047,3836,5896,4045,4946,0938,514

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls