523.70 -0.70 (-0.13%)
49,826 NSE+BSE Volume
BSEJun 23, 2021 10:24 AM
The 16 reports from 7 analysts offering long term price targets for Can Fin Homes Ltd. have an average target of 596.71. The consensus estimate represents an upside of 13.94% from the last price of 523.70.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2021-04-27||Can Fin Homes Ltd. +||CD Equisearch||572.65||655.00||572.65 (-8.55%)||25.07||Accumulate|
|2021-02-02||Can Fin Homes Ltd. +||Geojit BNP Paribas||498.95||596.00||498.95 (4.96%)||Target met||Buy|
|2021-01-28||Can Fin Homes Ltd. +||Edelweiss||479.90||581.00||479.90 (9.13%)||Target met||Buy|
|2021-01-28||Can Fin Homes Ltd. +||Axis Direct||479.90||573.00||479.90 (9.13%)||Target met||Buy|
|2021-01-27||Can Fin Homes Ltd. +||Motilal Oswal||479.90||650.00||479.90 (9.13%)||24.12||Buy|
Can Fin Homes (CANF)'s PAT grew 24% YoY to INR1.3b (largely stable QoQ). The company had a mixed quarter, with disbursements remaining muted, while spreads were stable despite yield pressure....
|2020-10-30||Can Fin Homes Ltd. +||Axis Direct||457.25||515.00||457.25 (14.53%)||Target met||Buy|
Pick up in fresh disbursals QoQ is comforting. We remain positive on the stock given its favourable loan mix, sustained margins, comfortable liquidity position and robust CAR (25%) and recommend BUY with target price of Rs 515 (2.3x FY22E ABV).
|2020-10-29||Can Fin Homes Ltd. +||Yes Securities||454.80||550.00||454.80 (15.15%)||Target met||Buy|
Can Fin's Q2 FY21 result was exceptionally strong on the back of sharp NIM improvementandmodestprovisions(backedbymanagementassessmentofpotential stressandextanthealthyprovisioningbuffer).WeconcurwithmanagementthatNPL increaseandrestructuringquantumwouldnotbesignificantconsideringencouraging collectiontrends(93%inSeptand9697%inOct)andcustomerprofileofthebook. CreditcostfromH2FY21isexpectedtolargenormalize(1520bpsannualized). WhiletheNIMcouldstayaroundthecurrentelevatedlevel(3.94%)foracoupleof quarters (1020 bps incremental decline in cost of fundspossible), it will most likely...
|2020-10-29||Can Fin Homes Ltd. +||Edelweiss||463.25||569.00||463.25 (13.05%)||Target met||Buy|
|2020-08-28||Can Fin Homes Ltd. +||Edelweiss||387.20||440.00||387.20 (35.25%)||Target met||Buy|
|2020-08-28||Can Fin Homes Ltd. +||Geojit BNP Paribas||387.20||440.00||387.20 (35.25%)||Target met||Accumulate|
|2020-07-23||Can Fin Homes Ltd. +||Axis Direct||399.50||424.00||399.50 (31.09%)||Target met||Buy|
|2020-06-30||Can Fin Homes Ltd. +||CD Equisearch||358.60||447.00||358.60 (46.04%)||Target met||Buy|
y in Q4FY20 due to the impact of nationwide lockdown beginning at the end of March. An n already slowing housing credit landscape did Can Fin Homes no favours as loan book grew by 2.7% from December 2019 driven by balanced growth in its salaried and professional clients as well...
|2020-06-23||Can Fin Homes Ltd. +||Geojit BNP Paribas||354.40||430.00||354.40 (47.77%)||Target met||Buy|
|2020-06-18||Can Fin Homes Ltd. +||Axis Direct||349.80||405.00||349.80 (49.71%)||Target met||Buy|
Can Fin Homes (CANF) Q4FY20 results were better than expectations on Net Interest Income front, up 34/9% YoY/QoQ to 188cr aided by loan growth (~12% YoY) and strong NIMs (3.52%, up 10bps QoQ). Incremental cost of funds have come down to 7.77% from 7.88% a quarter ago.
|2020-06-18||Can Fin Homes Ltd. +||Yes Securities||349.80||415.00||349.80 (49.71%)||Target met||Buy|
Management is not expecting significant growth in current fiscal withrecoveryinloandemandseenonlyfromQ4FY21.OnNIMs, company is more sanguine on the outlook with expectations of persistent decline in funding cost in ensuing quarters and a...
|2020-04-17||Can Fin Homes Ltd. +||Geojit BNP Paribas||307.85||312.00||307.85 (70.12%)||Target met||Hold|
|2020-02-17||Can Fin Homes Ltd. +||Axis Direct||509.65||546.00||509.65 (2.76%)||Hold|
Can Fin Homes (CANF) PAT in Q3FY20 stood at Rs 106.6cr, up 9/42% QoQ/YoY led by improved NIMs and lower tax rates. Loan growth was steady at ~15%. Disbursements were up 11/12% QoQ/YoY as new branches yielded healthy business.
|2020-02-04||Can Fin Homes Ltd. +||Geojit BNP Paribas||487.65||557.00||487.65 (7.39%)||Accumulate|
Geojit BNP Paribas
Stable business growth along with asset quality Can Fin Homes Ltd is the housing finance arm of Canara bank. The company has dominance in south India with focus on Tier 1 and Tier 2 cities. It provides housing loans, composite loans, non-housing loans,...
|2020-01-21||Can Fin Homes Ltd. +||Edelweiss||470.10||605.00||470.10 (11.40%)||Buy|
|2019-11-28||Can Fin Homes Ltd. +||CD Equisearch||393.80||478.00||393.80 (32.99%)||Target met||Buy|
Q2FY20, driven by 13.8% rise in loans to salaried and professional clients while registering a more impressive growth of 20.8% in the self employed and non professional segment albeit on a smaller basebase Housing loans comprised...