Can Fin Homes Ltd
NSE:CANFINHOME

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Can Fin Homes Ltd
NSE:CANFINHOME
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Price: 726.55 INR -2.83% Market Closed
Market Cap: 96.7B INR
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Gross Margin
Can Fin Homes Ltd

35.6%
Current
38%
Average
65.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
35.6%
=
Gross Profit
13.3B
/
Revenue
37.2B

Gross Margin Across Competitors

Country IN
Market Cap 96.7B INR
Gross Margin
36%
Country US
Market Cap 23.3B USD
Gross Margin
0%
Country US
Market Cap 9.4B USD
Gross Margin
89%
Country US
Market Cap 6.1B USD
Gross Margin
0%
Country US
Market Cap 6.1B USD
Gross Margin
0%
Country BM
Market Cap 5.7B USD
Gross Margin
0%
Country US
Market Cap 5.2B USD
Gross Margin
66%
Country US
Market Cap 5.1B USD
Gross Margin
0%
Country US
Market Cap 4.8B USD
Gross Margin
0%
Country US
Market Cap 4.6B USD
Gross Margin
0%
Country US
Market Cap 4.1B USD
Gross Margin
0%
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

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
35.6%
=
Gross Profit
13.3B
/
Revenue
37.2B
What is the Gross Margin of Can Fin Homes Ltd?

Based on Can Fin Homes Ltd's most recent financial statements, the company has Gross Margin of 35.6%.