More about Can Fin Homes Limited
Fundamentals for Can Fin Homes Limited
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Fundamentals for Can Fin Homes Limited
Business Operations:
Sector: Financial ServicesIndustry: Mortgage Finance
Can Fin Homes Limited provides housing finance services primarily to individuals, builders, corporates, and others in India. The company's products portfolio comprises housing loans, such as individual housing loans, affordable housing loans, credit link subsidy scheme and Pradhan Mantri Awas Yojana (PMAY), composite loans, and top-up loans; and non-housing loans, including mortgage loans, site loans, loans for commercial properties, loans against rent receivables, personal loans, loans for children education, and loans for pensioners, as well as fixed and cumulative deposits. Can Fin Homes Limited operates various branches, housing loan centers, and satellite offices. The company was incorporated in 1987 and is headquartered in Bengaluru, India.
Revenue projections:
CANFINHOME's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 139.580000 |
|---|---|
| forwardPE | 9.190834 |
| debtToEquity | 637.090000 |
| earningsGrowth | 0.478000 |
| revenueGrowth | 0.243000 |
| grossMargins | 0.993680 |
| operatingMargins | 0.804190 |
| trailingEps | 81.510000 |
| forwardEps | 94.768330 |
CANFINHOME's current ratio being 139.58 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
Can Fin Homes Limited's high debt-to-equity ratio indicates a high level of leverage, meaning the company relies significantly on debt for financing. This can increase financial risk, particularly in times of economic instability or reduced profitability.
CANFINHOME's positive earnings and revenue growth point to business expansion on the horizon. The company is positioned for continued success, with increasing profits and revenue growth highlighting a strong path forward for future growth.
Can Fin Homes Limited's positive gross and operating margins reflect its profitability and efficiency. These metrics demonstrate the company's ability to manage costs effectively while generating strong revenue, highlighting its solid financial health and operational effectiveness.
CANFINHOME's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that CANFINHOME is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.
Price projections:
Over time, price projections for CANFINHOME have risen steadily, pointing to growing optimism among analysts about the company's future. This upward trend suggests a positive outlook for CANFINHOME's continued growth.
Recommendation changes over time:
A recent buy bias from analysts toward CANFINHOME indicates strong confidence in the stock's future performance. This could encourage investors to park their money in CANFINHOME, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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