Indiabulls Housing Finance Ltd.

SECTOR: Finance - Housing

127.65
₹ -1.05 (-0.82%)
Today's High: 133.55 Today's Low : 125.8
52 Week High: 775.05 52 Week Low : 81.25
  FinStar is Suspended!
FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.

 Company Essentials

Market Cap

5457.983271615 Cr.

P/E

2.33

P/B

0.31

Face Value

₹2

Div. Yield

32.87%

Book Value (TTM)

412.3116

Advances

76884.36 Cr.

Operating Revenue

15407 Cr.

Net Profit

3729 Cr.

Promoter Holding

23.09%

EPS (TTM)

54.7683

Sales Growth

12.09 %

ROE

22.73 %

ROCE

12.18 %

Profit Growth

17.08 %

No. of Shares

42.7574091 Cr.

Add your own Ratio
* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Income Growth

1 Year12.09%
3 Year24.38%
5 Year24.01%

 Profit Growth

1 Year17.08%
3 Year17.58%
5 Year19.82%

 ROE

1 Year22.73%
3 Year23.79%
5 Year26.3%

 ROCE

1 Year12.18%
3 Year11.73%
5 Year12.39%

 ROA%

3.02

 PEG Ratio

0.14

  PAT Margin (%)

24.2

 EPS Growth(%)

16.85

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Mar 2020 23.09 0
Dec 2019 21.72 0
Sep 2019 21.67 0
Jun 2019 21.64 0
Mar 2019 21.66 12.72
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy Return on Equity (ROE) track record of 23.7933333333333%.
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 24.3771328245591%.
  • The company has delivered substantial profit growth of 17.5777553776125% over past 3 years.

 Limitations

  • Promoters shareholding is low at 23.09%.

 Quarterly Result (All Figures are in Crores.)

Particulars Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
Operating Revenue 4040.71 3707.91 3293.35 2907.37 2973.5
Other Income 4.98 1.59 2.97 3.16 2.64
Interest Expended 2265.62 2199.83 2118.49 1955.22 1885.13
Operating Expenses 416.28 246.39 343.8 395.6 654.61
Total Provisions 0 0 0 0 0
Depreciation 9.9 10.48 26.49 27.84 18.14
Profit Before Tax 1353.89 1252.8 807.54 531.87 418.26
Tax 401.23 377.41 228.5 21.78 41.03
Net Profit 952.66 875.39 579.04 510.09 377.23

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Operating Income 6291.53 8007.49 10125.08 13745 15407
Other Income 907.22 908.99 1274.28 72 167
Interest 3843.5 4842.41 6314.75 7711 9057
Adjusted EPS 56 54 67 75 87
Total Provisions 377.77 447.07 719.17 1375 418
PBT & Exceptionals 2533.16 3053.23 3680.78 3929 5148
Exceptional Items 0 0 0 0 0
Profit Before Tax 2533.16 3053.23 3680.78 3929 5148
Operating Expenses 444.31 573.77 684.65 802 951
Profit After Tax 1978.23 2294.12 2842.38 3185 3729

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 71.11 84.26 84.77 85.31 85.48
Total Reserves 6421.1 10419.57 11784.55 15469.82 17173.44
Borrowings 28633.23 35137.92 52988.92 50323.17 47187.77
Other N/C liabilities 1101.26 1952.48 1047 846.51 1363.51
Current liabilities 20110.46 28751.37 37020.25 60174.26 54292.51
Total Liabilities 56337.16 76345.61 102925.49 126899.07 120102.71
Assets
Loans 38485.57 52023.88 70747.44 102123.84 76884.36
Net Block 51.6 65.26 83.83 97.02 140.52
Capital WIP 0 0 0 0 0
Investments 749.32 1456.89 1530.22 17927.44 25925.95
Other Loans 700.24 1327.67 2499.34 578.41 738.57
Other N/C Assets 548.08 394.38 267.5 855.61 782.11
Current Assets 15802.36 21077.54 27797.15 5316.75 15631.2
Total Assets 56337.16 76345.61 102925.49 126899.07 120102.71
* Other Non-current Liabilities include Net deferred Liabilities

 Corporate Actions

 Ratings & Research Reports

 Company Presentations

Currently we do not have any Presentation and Concall related to this company.

 Indiabulls Housing Stock Price Analysis and Quick Research Report

Is Indiabulls Housing an attractive stock to invest in?

 

Housing finance companies is a highly concentrated business-facing fierce competition and the industry has remained competitive for several years. The growth of the economy and also increase in the per capita income of individuals impact the housing industry as a whole.

These companies provide finance for housing in India to individuals and corporations. The housing finance companies majorly cater to low and middle-income individuals. The proportion of loans coming from housing companies is significantly increasing.

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry. Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the Indiabulls Housing better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 37290 Cr and the compounded growth of profit in the past 3 years is 17.5777553776125 %. The PAT margin of Indiabulls Housing is 24.2044219155143 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Indiabulls Housing , the EPS grew by 16.85 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a healthy ROE track record. The ROE of Indiabulls Housing is at 22.7296539134913 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Indiabulls Housing is worth at the current levels at Rs 121.7. The stock is trading at a current P/E ratio of 9.82 and the average historical P/E for the last 5 years was 12.632.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Indiabulls Housing is trading at a P/B of 2.12277060210025 . The average historical P/B for the last 5 years was 2.944. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

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