Can Fin Homes Limited provides housing finance services primarily to individuals, builders, corporates, and others in India. The company's products portfolio comprises housing loans, such as individual housing loans, affordable housing loans, credit link subsidy scheme and Pradhan Mantri Awas Yojana (PMAY), composite loans, and top-up loans; and non-housing loans, including mortgage loans, site loans, loans for commercial properties, loans against rent receivables, personal loans, loans for children education, and loans for pensioners, as well as fixed and cumulative deposits. Can Fin Homes Limited operates various branches, housing loan centers, and satellite offices. The company was incorporated in 1987 and is headquartered in Bengaluru, India.
Revenue projections:
Revenue projections for CANFINHOME CANFINHOME is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
currentRatio
0.000000
forwardPE
9.870043
debtToEquity
693.723000
earningsGrowth
0.121000
revenueGrowth
0.138000
grossMargins
0.981960
operatingMargins
0.802960
trailingEps
66.210000
forwardEps
32.660000
CANFINHOME's high debt-to-equity ratio reveals that the company is heavily reliant on debt for financing. This high level of leverage increases the risk of financial strain if profits decline or interest rates rise. With earnings and revenue growth in positive territory, CANFINHOME is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success. CANFINHOME's positive gross and operating margins reflect strong profitability and operational efficiency. These metrics indicate the company's ability to control costs while maintaining healthy revenue, contributing to its solid financial performance. Can Fin Homes Limited's forward EPS falling below its trailing EPS suggests the company is expected to be less profitable this year. This signals a potential decline in earnings, which may raise concerns about Can Fin Homes Limited's financial future.
Price projections:
Price projections for CANFINHOME Over time, Can Fin Homes Limited's price projections have been revised higher, signaling growing confidence in the company's future. This upward trend suggests analysts anticipate strong performance and increased market value for Can Fin Homes Limited.
Recommendation changes over time:
Recommendations trend for CANFINHOME
Analysts have shown a buy bias for Can Fin Homes Limited, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to Can Fin Homes Limited, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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