Conference Call with Can Fin Homes Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Housing Finance company Can Fin Homes announced Q1FY25 results: Loan Portfolio: The loan portfolio as at June 2024, amounted to Rs 35,557 crore as against Rs 32,505 crore in the corresponding previous period – an increase of 9%. 78% of the Loan book are Housing Loan and 22% are Non-Housing Loans (including CRE). Loan disbursements during Q1FY25 is Rs 1,853 crore as against Rs 1,966 crore in Q1FY24. The Liquidity Coverage Ratio as of June 30,2024 stood at 110% as against the stipulated Ratio of 70%. The documented undrawn Bank lines stood at Rs 6,044 crore as of June 30,2024, which, along with internal accruals will take care of business commitments for next 3 months. CFHL’s deposit portfolio stood at Rs 199 crore. To augment the deposit portfolio, CFHL is offering 8.00% rate of interest for 36 months Cumulative deposits. Senior citizens will earn 0.25% additional interest. CFHL’s Fixed Deposit programme is rated “AAA+” by ICRA with a Stable outlook. Result PDF