GIC Housing Finance Ltd
GIC Housing Finance Limited, incorporated in 1989, grants housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes. [1]
- Market Cap ₹ 1,172 Cr.
- Current Price ₹ 218
- High / Low ₹ 292 / 159
- Stock P/E 7.82
- Book Value ₹ 323
- Dividend Yield 2.07 %
- ROCE 8.69 %
- ROE 13.1 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.67 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.20% over past five years.
- Company has a low return on equity of 11.2% 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | 439 | 554 | 625 | 733 | 876 | 1,002 | 1,112 | 1,228 | 1,252 | 1,232 | 1,152 | 1,123 | 1,078 |
Interest | 311 | 373 | 419 | 509 | 601 | 668 | 713 | 866 | 946 | 823 | 702 | 703 | 716 |
48 | 66 | 70 | 67 | 84 | 106 | 124 | 114 | 191 | 277 | 216 | 126 | 158 | |
Financing Profit | 80 | 115 | 135 | 157 | 192 | 228 | 275 | 248 | 116 | 131 | 234 | 294 | 204 |
Financing Margin % | 18% | 21% | 22% | 21% | 22% | 23% | 25% | 20% | 9% | 11% | 20% | 26% | 19% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 8 | 5 | 6 | 13 | |
Depreciation | 1 | 2 | 2 | 4 | 1 | 1 | 1 | 1 | 6 | 4 | 9 | 10 | 15 |
Profit before tax | 79 | 113 | 133 | 154 | 191 | 227 | 274 | 247 | 112 | 135 | 230 | 290 | 202 |
Tax % | 25% | 25% | 27% | 33% | 35% | 35% | 25% | 30% | 59% | 22% | 25% | 26% | |
59 | 85 | 98 | 103 | 124 | 148 | 206 | 172 | 46 | 106 | 174 | 213 | 150 | |
EPS in Rs | 10.96 | 15.79 | 18.11 | 19.12 | 23.12 | 27.43 | 38.19 | 31.90 | 8.47 | 19.60 | 32.23 | 39.59 | 27.83 |
Dividend Payout % | 41% | 32% | 33% | 26% | 22% | 18% | 14% | 17% | 24% | 20% | 14% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 0% |
3 Years: | -4% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 0% |
3 Years: | 66% |
TTM: | -29% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | -4% |
3 Years: | 24% |
1 Year: | 36% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 10% |
3 Years: | 11% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 |
Reserves | 443 | 497 | 557 | 606 | 678 | 784 | 1,064 | 1,200 | 1,209 | 1,304 | 1,457 | 1,645 | 1,684 |
3,595 | 3,973 | 4,652 | 5,794 | 7,001 | 8,237 | 9,984 | 11,659 | 11,768 | 11,226 | 10,365 | 9,168 | 8,745 | |
191 | 228 | 256 | 266 | 289 | 329 | 44 | 57 | 68 | 57 | 53 | 53 | 63 | |
Total Liabilities | 4,283 | 4,751 | 5,518 | 6,721 | 8,021 | 9,404 | 11,147 | 12,969 | 13,099 | 12,641 | 11,929 | 10,920 | 10,545 |
4 | 6 | 5 | 3 | 2 | 2 | 2 | 3 | 19 | 16 | 21 | 52 | 55 | |
CWIP | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 29 | 29 | 9 | 0 |
Investments | 10 | 10 | 10 | 10 | 10 | 26 | 13 | 14 | 14 | 14 | 15 | 230 | 205 |
4,267 | 4,735 | 5,503 | 6,708 | 8,009 | 9,376 | 11,132 | 12,953 | 13,053 | 12,581 | 11,864 | 10,629 | 10,285 | |
Total Assets | 4,283 | 4,751 | 5,518 | 6,721 | 8,021 | 9,404 | 11,147 | 12,969 | 13,099 | 12,641 | 11,929 | 10,920 | 10,545 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-372 | -262 | -662 | -1,103 | -1,167 | -1,178 | -1,721 | -1,645 | 22 | 548 | 1,286 | 1,044 | |
-69 | 0 | 0 | 1 | 2 | -16 | 2 | 1 | -11 | -14 | -4 | -213 | |
477 | 205 | 647 | 1,105 | 1,174 | 1,203 | 1,715 | 1,639 | 51 | -558 | -892 | -1,238 | |
Net Cash Flow | 36 | -57 | -14 | 3 | 9 | 10 | -5 | -5 | 62 | -24 | 390 | -407 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 % | 12% | 16% | 17% | 16% | 18% | 19% | 21% | 14% | 4% | 8% | 12% | 13% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 Apr
- Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Apr
- Board Meeting Intimation for Notice Of Board Meeting 4 Apr
- Compliance Certificate Pursuant To Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended March 31, 2024. 3 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 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Products & Services
The co’s product portfolio includes:
Home loans- Individual Housing Loans, Composite Loans, balance transfers, Repair and Renovation Loans, Home extension loans, and affordable home loans.
Non-Housing Loans- Loans against property, Commercial Loans. [1]