Can Fin Homes Ltd., incorporated in the year 1987, is a Mid Cap company (having a market cap of Rs 6989.93 Crore) operating in NBFC sector.
Financials
For the quarter ended 31-03-2021, the company reported a Standalone Total Income of Rs 467.35 Crore, down -7.04 % from last quarter Total Income of Rs 502.76 Crore and down -11.63 % from last year same quarter Total Income of Rs 528.86 Crore. Company reported net profit after tax of Rs 102.57 Crore in latest quarter.
Investment Rationale
While the brokerage remains positive on the stock given its favourable loan mix, comfortable liquidity position, and robust CAR (26%), it expects margin pressure in the near term.
Promoter/FII Holdings
Promoters held 30 per cent stake in the company as of Dec 30, 2020, while FIIs held 0 per cent, DIIs 15.3 per cent and public and others 54.7 per cent.
