Sector: Housing Finance / Small Cap | Event Update Background: Reliance Home Finance (RELHF), a Reliance group (ADAG) company, formed in 2008, is a non deposit taking housing finance company, focused on providing financing products for the LMI to HMI segment in India, primarily in Tier II and Tier III cities and towns, with more thrust on the self-employed segment. Its loan book portfolio is diversified with across - Home loans (26%), Affordable Housing (21%), LAP (17%) and Construction Finance (~36%) segments. The company has its presence in over 140 locations spread over 58 cities, with over 45000 client accounts....

We met the management of Reliance Home Finance (RHFL), Mr Pinkesh Shah, CFO Sector: NBFCs and Mr. Sambhav Jain, Head of Investor Relations at our Housing Sector Conference and gleaned key insight into the working of the HFC. We do not have RHFL under CMP: Rs40 coverage and therefore, do not have a Rating on the stock. We share the insight Shivaji Thapliyal...

Background: Reliance Home Finance (RELHF), a Reliance group (ADAG) company, formed in 2008, is a non deposit taking housing finance company, focused on providing financing products for the LMI to HMI segment in India, primarily in Tier II and Tier III cities and towns, with more thrust on the self-employed segment. Its loan book portfolio is diversified across - Home loans (30%), Affordable Housing (21%), LAP (21%) and Construction Finance (28%) segments. The company has its presence...

Background: RELHF, a Reliance group (ADAG) company, formed in 2008, is a non deposit taking housing finance company, focused on providing financing products for the LMI to HMI segment in India, primarily in Tier II and Tier III cities and towns, with more thrust on the self-employed segment. Its loan book portfolio is diversified with across - Home loans (31%), Affordable Housing (20%), LAP (21%) and Construction Finance (28%) segments. The company has its presence in over 100 locations...