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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:
With CANFINHOME's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
Financial Ratios:
| currentRatio | 139.580000 |
|---|---|
| forwardPE | 9.305971 |
| debtToEquity | 637.090000 |
| earningsGrowth | 0.478000 |
| revenueGrowth | 0.243000 |
| grossMargins | 0.993680 |
| operatingMargins | 0.804190 |
| trailingEps | 81.530000 |
| forwardEps | 95.207690 |
CANFINHOME's current ratio, being 139.58, means the company is well-positioned to meet its short-term debt obligations. This reflects CANFINHOME's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
Can Fin Homes Limited's elevated debt-to-equity ratio suggests the company is highly leveraged, meaning it has significant debt compared to equity. This can be risky, particularly if Can Fin Homes Limited's cash flow or profits decrease, making it harder to meet debt obligations.
CANFINHOME's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that CANFINHOME will continue to grow its operations, driven by increasing profits and revenue.
Can Fin Homes Limited's positive gross and operating margins highlight its profitability and operational efficiency. These strong margins demonstrate the company's ability to control costs while generating substantial revenue, contributing to a healthy financial performance.
CANFINHOME's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that CANFINHOME's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
Can Fin Homes Limited's present price, in relation to its projections, shows no obvious risks or opportunities. This neutral outlook suggests stability, where investors might consider waiting for more decisive signals before making any significant moves.
Recommendation changes over time:
CANFINHOME has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as CANFINHOME is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.
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