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Star Housing Finance share price

Star Housing Finance Ltd.

BSE: 539017 SECTOR: Finance - Housing  12k   29   3

46.35
-0.76 (-1.61%)
BSE: 28 Mar 4:00 PM

Price Summary

Today's High

₹ 49

Today's Low

₹ 45.01

52 Week High

₹ 82.5

52 Week Low

₹ 34.1

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

364.87 Cr.

Advances

228.08 Cr.

No. of Shares

7.87 Cr.

P/E

41.61

P/B

3.17

Face Value

₹ 5

Div. Yield

0.11 %

Book Value (TTM)

₹  14.63

Operating Revenue

35.33 Cr.

Net Profit

6.98 Cr.

Promoter Holding

19.79 %

EPS (TTM)

₹  1.11

Sales Growth

88.68

ROE

8.45 %

ROCE

9.46%

Profit Growth

1021.81 %

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

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year88.68%
3 Year30.81%
5 Year39.89%

Profit Growth

1 Year1021.81%
3 Year11.46%
5 Year19.24%

ROE%

1 Year8.45%
3 Year4.16%
5 Year8.13%

ROCE %

1 Year9.46%
3 Year7.4%
5 Year10.54%

ROA%

3.18868102522589

PEG Ratio

0.29

PAT Margin (%)

19.7562418447726

EPS Growth(%)

141.098081023454

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 19.79 0
Sep 2023 20.62 0
Jun 2023 22.22 0
Mar 2023 22.9 0
Dec 2022 24.02 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • PAT margin has surged by 16.4333049282359%.
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 30.8129089960711%.
  • The company has delivered substantial profit growth of 11.4623168149488% over past 3 years.
  • The company boasts a well-maintained advances growth ratio of 40.2401429827969%.

 Limitations

  • Promoters shareholding is low at 19.79%.
  • Company has a poor Return on Equity (ROE) track record of 4.16490351657938%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Operating Revenue 9.96 11.59 12.29 13.67 16.33
Other Income 0 0.9 0 0 0
Interest Expended 2.84 4.38 5.45 6.53 7.67
Operating Expenses 4.25 6.15 4.62 4.78 5.42
Total Provisions 0 0 0 0 0
Depreciation 0.11 0.1 0.14 0.15 0.18
Profit Before Tax 2.77 1.86 2.08 2.21 3.07
Tax 0.82 -0.76 0.52 0.14 0.55
Net Profit 1.95 2.62 1.55 2.07 2.52
Adjusted EPS (RS) 0.26 0.34 0.2 0.27 0.32

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Operating Income 11.61 15.78 15.6 18.72 35.33
Other Income 0.11 0.12 0 0.64 1.91
Interest 4.51 4.92 5.01 6.17 11.4
Operating Expenses 1.2 4.03 6.34 11.26 17.2
Total Provisions 0.05 0.83 2.06 0.61 0.63
Exceptional Items 0 0 0 0 0
Profit Before Tax 5.95 6.12 2.18 1.32 8.02
Tax 1.85 1.08 0.63 0.7 1.04
Profit After Tax 4.1 5.04 1.56 0.62 6.98
Adjusted EPS (Rs.) 0.85 0.8 0.25 0.09 0.9

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 12.08 15.67 15.67 16.58 38.58
Total Reserves 18.44 36.8 37.97 47.52 67.84
Borrowings 39.69 37.7 64.28 78.48 162.5
Other N/C liabilities 0.31 -0.05 -0.37 -0.15 1.21
Current liabilities 2.13 0.46 6.74 10.62 14.62
Total Liabilities 72.65 90.58 124.29 153.05 284.75
Assets
Loans 63.33 82.69 92.83 102.31 228.08
Net Block 1 1.21 1.57 1.65 2.57
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 1.19
Investments 3.56 3.56 3.56 8.58 7.38
Other Loans 0.52 0.58 1.32 3.84 0.65
Other N/C Assets 0 0 0 0 0
Current Assets 4.23 2.54 25 36.67 44.88
Total Assets 72.65 90.58 124.29 153.05 284.75
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 24.02 22.90 22.22 20.62 19.79
abhilasha jain 0.33 0.32 0.19 0.19 0.19
akme automobiles private ... 0.18 0.04 0.04 0.04 0.04
akme build estate limited... 2.21 2.17 2.17 0.99 0.58
akme fincon limited 1.09 1.07 1.07 1.07 1.05
anil kumar jain 0.48 0.47 0.38 0.29 0.29
ashish jain 1.46 1.44 1.44 2.04 2.01
ashish jain huf 1.64 1.61 1.61 1.61 1.58
jamak lal jain 0.06 0.05 0.05 0.05 0.01
jenisha jain 0.88 0.73 0.73 0.73 0.72
kailash jain 0.26 0.26 0.26 0.26 0.25
kavish jain 1.46 1.43 1.43 2.04 2.00
kavish jain huf - - - - 0.99
nirmal kumar jain 4.91 4.82 4.35 2.79 2.74
pushpa nagda 6.12 6.00 6.00 5.99 5.88
ravindra jain 0.06 0.06 0.06 0.06 0.06
shilpa jain 0.11 0.11 0.11 0.11 0.11
surbhi jain 0.55 0.54 0.54 0.54 0.53
vimal jain 0.15 0.15 0.15 0.15 0.14
vinita sureshkumar jain 0.64 0.63 0.63 0.63 0.62
kavish jain (huf) 1.04 1.02 1.02 1.01 -
deepesh jain 0.40 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 75.98 77.10 77.78 79.38 80.21
anita arora 2.04 2.00 1.65 1.27 1.18
arika securities private ... 4.24 4.15 4.15 4.14 4.07
arkfin investments pvt lt... 17.21 16.87 16.87 16.86 16.54
colo securities private l... 4.23 4.15 4.15 4.14 4.07
prashant karulkar - - - 1.66 1.63
rajendra jaysing sawant - - 1.63 1.24 -
zenith multi trading dmcc... 1.06 1.04 1.04 1.04 -
sumalya khanderao kale - 3.14 2.81 - -
shailendra jaysing sawant... - 1.33 - - -
pradnesh shailendra sawan... 1.36 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Star Housing Finance inks co-lending partnership with TCHFL22 Mar 2024, 11:27AM Star Housing Finance informs about disclosure 21 Mar 2024, 11:42AM Star Housing Finance informs about disclosure27 Feb 2024, 11:38AM Star Housing Finance informs about analyst meet20 Feb 2024, 4:51PM Star Housing Finance - Quaterly Results17 Jan 2024, 5:46PM Star Housing Finance - Quaterly Results17 Jan 2024, 5:46PM Star Housing Finance - Quaterly Results17 Jan 2024, 5:46PM Star Housing Finance informs about disclosure 12 Dec 2023, 1:03PM Star Housing Finance informs about disclosure 11 Dec 2023, 3:34PM Star Housing Finance informs about proceedings of EGM6 Dec 2023, 5:01PM Star Housing Finance informs about disclosure 2 Nov 2023, 10:03AM Star Housing Finance - Quaterly Results25 Oct 2023, 8:15PM Star Housing Finance - Quaterly Results25 Oct 2023, 8:15PM Star Housing Finance raises Rs 20 crore through NCDs19 Oct 2023, 2:41PM Star Housing Finance gets nod to raise upto Rs 20 crore through NCDs 26 Sep 2023, 10:47AM Star Housing Finance opens new office in Vashi6 Sep 2023, 11:10AM Star Housing Finance receives Rs 50 crore term loan sanction from State Bank of India23 Aug 2023, 12:29PM Star Housing Finance informs about disclosure 2 Aug 2023, 12:47PM Star Housing Finance opens new branch in Hingoli15 Jul 2023, 2:05PM Star Housing Finance - Quaterly Results15 Jul 2023, 1:53PM Star Housing Finance - Quaterly Results15 Jul 2023, 1:53PM Star Housing Finance - Quaterly Results15 Jul 2023, 1:53PM Star Housing Finance informs about disclosure 1 Jul 2023, 3:31PM Star Housing Finance informs about disclosure 1 Jul 2023, 2:17PM Star Housing Finance informs about disclosure16 Jun 2023, 12:33PM Star Housing Finance informs about disclosure 3 Jun 2023, 3:59PM Star Housing Finance informs about disclosure 16 May 2023, 2:14PM Star Housing Finance informs about disclosure 12 May 2023, 2:57PM Star Housing Finance informs about press release24 Apr 2023, 4:04PM Star Housing Finance - Quaterly Results22 Apr 2023, 1:33PM Star Housing Finance - Quaterly Results22 Apr 2023, 1:33PM Star Housing Finance - Quaterly Results22 Apr 2023, 1:33PM Star Housing Finance informs about disclosure16 Mar 2023, 10:37AM Star Housing Finance opens new branch in Jalgaon24 Feb 2023, 4:41PM Star Housing Finance informs about opening of new branch23 Feb 2023, 12:33PM Star Housing Finance informs about allotment under ESOP3 Feb 2023, 3:28PM Star Housing Finance informs about update on conference call24 Jan 2023, 5:16PM Star Housing Finance - Quaterly Results24 Jan 2023, 1:15PM Star Housing Finance - Quaterly Results24 Jan 2023, 1:15PM Star Housing Finance - Quaterly Results24 Jan 2023, 1:15PM Star Housing Finance informs about compliances-certificate9 Jan 2023, 1:08PM Star Housing Finance informs about allotment of equity shares17 Dec 2022, 4:23PM Star Housing Finance informs about disclosure 15 Dec 2022, 10:34AM Star Housing Finance informs about press release 9 Dec 2022, 3:55PM Star Housing Finance informs about board meeting2 Dec 2022, 3:30PM Star Housing Finance informs about earnings call transcript28 Oct 2022, 11:22AM Star Housing Finance - Quaterly Results17 Oct 2022, 6:38PM Star Housing Finance - Quaterly Results17 Oct 2022, 6:38PM Star Housing Finance - Quaterly Results17 Oct 2022, 6:38PM Star Housing Finance informs about disclosures3 Oct 2022, 12:45PM

Star Housing Finance Stock Price Analysis and Quick Research Report. Is Star Housing Finance 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 Star Housing Finance 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 6.9799 Cr and the compounded growth of profit in the past 3 years is 11.4621958601409 %. The PAT margin of Star Housing Finance is 19.7562418447726 %.

  • 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 Star Housing Finance , the EPS grew by 864.392324093817 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Star Housing Finance has a poor ROE track record. The ROE of Star Housing Finance is at 8.44641261316752 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Star Housing Finance is worth at the current levels at Rs 46.35. Star Housing Finance is trading at a current P/E ratio of 54.1454786646031 and the average historical P/E for the last 5 years was 85.146647130954.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Star Housing Finance is trading at a P/B of 3.2118 . The average historical P/B for the last 5 years was 2.5429997426215. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

  • Share Price: - The current share price of Star Housing Finance is Rs 46.35. One can use valuation calculators of ticker to know if Star Housing Finance share price is undervalued or overvalued.

Last Updated on:
Brief about Star Housing Finance
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