Can Fin Homes Ltd.
714.30
INR
-4.20
(-0.58%)
Can Fin Homes Ltd.
BSE:CANFINHOME
(Bombay Stock Exchange)
Recent
price
714.30
P/E
ratio
10.49
div
yld
- -
ROIC.AI
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
•
in mil. unless spec.Growth Rates
INR
•
in mil. unless spec.Quarterly Revenue
INR
•
in mil. unless spec.Quarterly Earnings Per Share
INR
•
in mil. unless spec.Quarterly Dividends Per Share
INR
•
in mil. unless spec.- Similar Companies
- Business
- Can Fin Homes Limited is a housing finance company primarily engaged in providing a range of housing and non-housing loan products across India. The company offers core products including affordable housing loans, individual housing loans, composite loans, and top-up loans; non-housing loans such as mortgage loans, site loans, loans for commercial properties, loans against rent receivables, personal loans, and education loans; as well as deposit products like fixed deposits and cumulative deposits. Founded in 1987 and headquartered in Bangalore, Can Fin Homes operates a network of over 160 branches across 21 states and union territories, targeting first-time homebuyers and salaried professionals. In recent developments, Can Fin Homes has focused on expanding its branch network with 14 new branches in the first half of 2025 to support business growth. The company announced raising up to Rs 10,000 crore through qualified institutional placements and other debt instruments in 2025, alongside a proposed rights issue not exceeding Rs 1,000 crore to bolster capital. Its credit rating remains strong with CARE reaffirming a AAA/Stable rating on key facilities. Employee stock options were granted under the 2024 ESOP scheme to incentivize talent retention. The company continues to maintain healthy asset quality with a modest increase in gross non-performing assets while sustaining competitive leverage levels through diversified funding sources. Can Fin Homes leverages its strategic relationship with parent Canara Bank to enhance market penetration and credibility. Its business model centers on long-term housing finance for purchase, construction, and renovation of homes with a strong emphasis on affordable housing solutions. The company has sustained a consistent portfolio growth trajectory supported by customer-centric offerings and innovation in financial products, including plans for green home loans and specialized schemes for first-time buyers. Can Fin Homes remains a moderately sized but stable player within the housing finance sector with a focus on risk mitigation through lending to low-risk salaried borrowers nationwide.