|
14 Mar 2025 |
Can Fin Homes
|
Consensus Share Price Target
|
601.75 |
882.00 |
- |
46.57 |
buy
|
|
|
|
|
11 Mar 2025
|
Can Fin Homes
|
Sharekhan
|
601.75
|
850.00
|
612.80
(-1.80%)
|
41.25 |
Buy
|
|
|
In our interaction with the management, it reiterated its disbursement/AUM growth target for FY26E. It expects AUM growth to improve to ~15% for FY2026E (vs sub ~10% for FY25E) despite challenges in its key market Karnataka & Telangana.
|
|
23 Jan 2025
|
Can Fin Homes
|
Edelweiss
|
601.75
|
940.00
|
690.95
(-12.91%)
|
56.21 |
Buy
|
|
|
Operational metrics weaken, growth in disbursement lags
|
|
21 Jan 2025
|
Can Fin Homes
|
Axis Direct
|
601.75
|
840.00
|
691.80
(-13.02%)
|
39.59 |
Buy
|
|
|
We maintain our BUY recommendation on the stock
|
|
20 Jan 2025
|
Can Fin Homes
|
Sharekhan
|
601.75
|
850.00
|
708.00
(-15.01%)
|
41.25 |
Buy
|
|
|
Can Fin Homes’ NII was slightly below estimates by 1.8% (up 4.8% y-oy and 1.5% q-o-q) at Rs. 345 crore in Q3FY2025 due to higher cost of funds. NIM stood at 3.71% (as a percentage of AUM), 4 bps below estimates (lower by 15 bps y-o-y).
|
|
20 Jan 2025
|
Can Fin Homes
|
Motilal Oswal
|
601.75
|
775.00
|
708.00
(-15.01%)
|
28.79 |
Neutral
|
|
|
Can Fin Homes (CANF)’s 3QFY25 PAT grew ~6% YoY to ~INR2.1b (in line). NII rose 5% YoY to ~INR3.4b (in line). Other income was ~INR58m (PQ: INR74m) because of lower disbursements, translating into a lower fee income.
|
|
06 Dec 2024
|
Can Fin Homes
|
Sharekhan
|
601.75
|
1050.00
|
802.95
(-25.06%)
|
74.49 |
Buy
|
|
|
Earnings growth would improve as AUM growth improves in the coming years as the most internal IT/systems and processes have been streamlined in FY2024. Focus is now on accelerating growth with enhanced centralised due diligence.
|
|
11 Nov 2024
|
Can Fin Homes
|
Geojit BNP Paribas
|
601.75
|
929.00
|
838.65
(-28.25%)
|
54.38 |
Accumulate
|
|
|
|
|
07 Nov 2024
|
Can Fin Homes
|
ICICI Direct
|
601.75
|
1000.00
|
858.55
(-29.91%)
|
66.18 |
Buy
|
|
|
|
|
28 Oct 2024
|
Can Fin Homes
|
Sharekhan
|
601.75
|
1050.00
|
847.75
(-29.02%)
|
74.49 |
Buy
|
|
|
Can Fin Homes reported a strong performance in Q2FY2025. Earnings were in line with estimates, mainly led by lower-than-expected credit cost and improvement in NIM.
|
|
24 Oct 2024
|
Can Fin Homes
|
Axis Direct
|
601.75
|
1000.00
|
845.45
(-28.82%)
|
66.18 |
Buy
|
|
|
We maintain our BUY recommendation on the stock
|
|
24 Oct 2024
|
Can Fin Homes
|
Edelweiss
|
601.75
|
1005.00
|
845.45
(-28.82%)
|
67.01 |
Buy
|
|
|
Operational metrics remain strong; disbursement growth picks-up
|
|
23 Oct 2024
|
Can Fin Homes
|
Motilal Oswal
|
601.75
|
960.00
|
871.30
(-30.94%)
|
59.53 |
Neutral
|
|
|
Can Fin Homes (CANF)’s 2QFY25 PAT grew ~34% YoY to ~INR2.1b (in line). Base quarter had one-off credit costs because of the Ambala incident. NII grew 7% YoY to ~INR3.4b (in line), and other income stood at ~INR74m (PQ: INR70m).
|
|
31 Aug 2024
|
Can Fin Homes
|
CD Equisearch
|
601.75
|
1021.00
|
863.55
(-30.32%)
|
69.67 |
Accumulate
|
|
|
|
|
26 Jul 2024
|
Can Fin Homes
|
Keynote Capitals Ltd
|
601.75
|
806.00
|
856.90
(-29.78%)
|
Target met |
Sell
|
|
|
Quarterly Update Q1FY25
|
|
23 Jul 2024
|
Can Fin Homes
|
Prabhudas Lilladhar
|
601.75
|
930.00
|
842.80
(-28.60%)
|
Target met |
Buy
|
|
|
|
|
23 Jul 2024
|
Can Fin Homes
|
Axis Direct
|
601.75
|
950.00
|
842.80
(-28.60%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
22 Jul 2024
|
Can Fin Homes
|
Sharekhan
|
601.75
|
1050.00
|
845.25
(-28.81%)
|
74.49 |
Buy
|
|
|
Can Fin Home’s NII grew 12.7% y-o-y to Rs. 321 crore in Q1FY2025. However, it dropped 1.9% q-o-q and missed our estimates by 2.8% due to a higher cost of borrowings.
|
|
22 Jul 2024
|
Can Fin Homes
|
Edelweiss
|
601.75
|
963.00
|
845.25
(-28.81%)
|
60.03 |
Buy
|
|
|
Miss on operating metrics; maintains guidance
|
|
22 Jul 2024
|
Can Fin Homes
|
Motilal Oswal
|
601.75
|
890.00
|
845.25
(-28.81%)
|
Target met |
Neutral
|
|
|
Can Fin Homes (CANF)’s 1QFY25 PAT grew ~9% YoY to ~INR2b (7% miss). NII rose 13% YoY to ~INR3.2b (in line), while other income stood at ~INR70m.
|
|
24 Jun 2024
|
Can Fin Homes
|
Sharekhan
|
601.75
|
1050.00
|
882.65
(-31.82%)
|
74.49 |
Buy
|
|
|
We believe the company is likely to sustain an ~18% RoE in the near to medium term with growth gradually picking up from here on.
|