Can Fin Homes Ltd
NSE:CANFINHOME

Watchlist Manager
Can Fin Homes Ltd Logo
Can Fin Homes Ltd
NSE:CANFINHOME
Watchlist
Price: 726.55 INR -2.83% Market Closed
Market Cap: 96.7B INR
Have any thoughts about
Can Fin Homes Ltd?
Write Note

Can Fin Homes Ltd
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Can Fin Homes Ltd
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Can Fin Homes Ltd
NSE:CANFINHOME
Tax Provision
-â‚ą2.3B
CAGR 3-Years
-12%
CAGR 5-Years
-8%
CAGR 10-Years
-20%
LIC Housing Finance Ltd
NSE:LICHSGFIN
Tax Provision
-â‚ą13.5B
CAGR 3-Years
-63%
CAGR 5-Years
-9%
CAGR 10-Years
N/A
Aavas Financiers Ltd
NSE:AAVAS
Tax Provision
-â‚ą1.4B
CAGR 3-Years
-26%
CAGR 5-Years
-12%
CAGR 10-Years
N/A
PNB Housing Finance Ltd
NSE:PNBHOUSING
Tax Provision
-â‚ą4.8B
CAGR 3-Years
-24%
CAGR 5-Years
1%
CAGR 10-Years
-21%
Indiabulls Housing Finance Ltd
NSE:IBULHSGFIN
Tax Provision
-â‚ą4.3B
CAGR 3-Years
-6%
CAGR 5-Years
23%
CAGR 10-Years
0%
IIFL Finance Ltd
NSE:IIFL
Tax Provision
-â‚ą3.5B
CAGR 3-Years
-3%
CAGR 5-Years
-5%
CAGR 10-Years
-7%
No Stocks Found

Can Fin Homes Ltd
Glance View

Market Cap
96.7B INR
Industry
Financial Services

In the bustling landscape of India's housing finance sector, Can Fin Homes Ltd. stands as a prominent player with a history dating back to 1987. Founded under the aegis of Canara Bank, one of India’s oldest and largest public sector banks, Can Fin Homes was established with the primary goal of fulfilling the home ownership dreams of individuals, especially in the semi-urban and urban middle-class segments. The company’s business model is centered around providing long-term housing loans to individuals for the purchase, construction, and renovation of homes. It aims to bridge the gap between home buyers and financial accessibility, leveraging its parent bank's extensive network to reach clientele across the nation. This strategic alignment not only bolsters their credibility but also enhances their market penetration, allowing them to tap into the bank's established customer base. A key aspect of Can Fin Homes' operational strategy is its focus on efficiency and risk management. By offering competitive interest rates and tailored loan products, the company makes home financing more accessible and attractive. Earnings for Can Fin Homes are generated from the interest differential—essentially the spread between the interest paid to borrow funds and the interest it charges customers on loans. The company has also embraced technology and digital processes to streamline its operations, thereby reducing costs and enhancing customer service. This approach has helped the firm maintain strong asset quality and a healthy profit margin. As the housing demand in India continues to rise, driven by urbanization and government initiatives promoting affordable housing, Can Fin Homes is strategically positioned to capitalize on these trends, navigating growth with a focus on fiscal prudence and customer-centricity.

CANFINHOME Intrinsic Value
1 593.84 INR
Undervaluation 54%
Intrinsic Value
Price

See Also

What is Can Fin Homes Ltd's Tax Provision?
Tax Provision
-2.3B INR

Based on the financial report for Sep 30, 2024, Can Fin Homes Ltd's Tax Provision amounts to -2.3B INR.

What is Can Fin Homes Ltd's Tax Provision growth rate?
Tax Provision CAGR 10Y
-20%

Over the last year, the Tax Provision growth was -34%. The average annual Tax Provision growth rates for Can Fin Homes Ltd have been -12% over the past three years , -8% over the past five years , and -20% over the past ten years .

Back to Top