Star Housing Finance Ltd

Star Housing Fin Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Star Housing Finance Ltd

₹ 35.3 -0.93%
21 Nov - close price
akmestarhfc.in BSE: 539017
About

Incorporated in 2005, Star Housing Finance Ltd provides loans for the purchase, construction, development and repair of houses, apartments
and commercial properties in India[1]

Key Points

Business Overview:[1][2]
Star HFL is registered as a Non-Deposit Taking Non- Banking finance Company - Housing Finance Company (HFC). It is a rural-focused housing finance company operational in affordable housing finance. Company offers retail home loans up to Rs. 25 lakhs. These loans qualify under Priority Sector Lending Norms and the units financed qualify under PMAY guidelines

Website BSE
  • Market Cap ₹ 279 Cr.
  • Current Price ₹ 35.3
  • High / Low ₹ 82.5 / 34.1
  • Stock P/E 24.6
  • Book Value ₹ 17.8
  • Dividend Yield 0.21 %
  • ROCE 11.1 %
  • ROE 7.91 %
  • Face Value ₹ 5.00
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Pros

  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -0.76%
  • Promoter holding is low: 18.8%
  • Company has a low return on equity of 6.46% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance - Housing

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Revenue 4.54 4.71 5.11 5.15 8.63 9.96 11.60 12.29 13.67 16.33 16.33 18.91 21.91
Interest 1.65 1.62 1.49 2.01 2.06 2.84 4.38 5.45 6.53 7.67 8.18 10.20 11.12
2.35 2.66 2.78 3.14 4.04 4.25 6.16 4.62 4.78 5.41 6.85 6.69 7.39
Financing Profit 0.54 0.43 0.84 0.00 2.53 2.87 1.06 2.22 2.36 3.25 1.30 2.02 3.40
Financing Margin % 11.89% 9.13% 16.44% 0.00% 29.32% 28.82% 9.14% 18.06% 17.26% 19.90% 7.96% 10.68% 15.52%
0.01 0.00 0.50 1.01 0.00 0.00 0.90 0.00 0.00 0.00 3.01 2.05 0.73
Depreciation 0.06 0.07 0.10 0.07 0.08 0.10 0.10 0.14 0.15 0.18 0.19 0.17 0.18
Profit before tax 0.49 0.36 1.24 0.94 2.45 2.77 1.86 2.08 2.21 3.07 4.12 3.90 3.95
Tax % 22.45% 19.44% 34.68% 25.53% 29.80% 29.60% -40.86% 25.00% 6.33% 17.92% 33.50% 22.56% 22.28%
0.37 0.30 0.82 0.70 1.72 1.94 2.62 1.55 2.07 2.52 2.74 3.02 3.06
EPS in Rs 0.06 0.05 0.12 0.11 0.24 0.26 0.34 0.20 0.27 0.32 0.35 0.38 0.39
Gross NPA % 2.54% 2.15% 1.68% 1.56% 1.46% 1.64% 1.50% 1.57%
Net NPA % 1.97% 1.65% 1.25% 1.13% 1.08% 1.24% 1.02% 1.12%
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Revenue 1 1 2 3 3 7 12 16 16 19 35 59 73
Interest 0 0 0 0 0 2 5 5 5 6 11 28 37
0 0 1 1 1 1 1 5 8 12 17 22 26
Financing Profit 0 1 1 2 2 4 6 6 2 1 6 9 10
Financing Margin % 35% 39% 49% 63% 63% 57% 51% 39% 15% 5% 18% 16% 14%
0 0 0 0 0 0 0 0 0 1 2 3 6
Depreciation 0 0 0 0 0 0 0 0 0 0 0 1 1
Profit before tax 0 1 1 2 2 4 6 6 2 1 8 11 15
Tax % 24% 32% 32% 31% 33% 28% 31% 18% 28% 53% 13% 23%
0 0 1 1 1 3 4 5 2 1 7 9 11
EPS in Rs 0.18 0.22 0.14 0.24 0.30 0.60 0.85 0.81 0.25 0.09 0.90 1.13 1.44
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 3% 15% 53% 6% 0%
Compounded Sales Growth
10 Years: 46%
5 Years: 38%
3 Years: 55%
TTM: 55%
Compounded Profit Growth
10 Years: 37%
5 Years: 17%
3 Years: 79%
TTM: 39%
Stock Price CAGR
10 Years: %
5 Years: 15%
3 Years: 17%
1 Year: -56%
Return on Equity
10 Years: 8%
5 Years: 7%
3 Years: 6%
Last Year: 8%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1 2 6 6 12 12 12 16 16 17 39 39 39
Reserves 3 8 9 11 6 11 18 37 38 46 68 79 101
2 3 3 1 7 30 42 38 64 78 162 320 376
0 0 0 0 0 2 1 1 7 12 17 52 23
Total Liabilities 7 13 18 18 25 54 73 91 125 153 286 490 539
0 0 0 0 0 0 1 1 2 2 3 3 3
CWIP 0 0 0 0 0 0 0 0 0 0 1 2 2
Investments 1 1 1 1 1 1 4 4 4 9 7 8 9
6 12 17 17 24 53 68 86 120 143 274 477 525
Total Assets 7 13 18 18 25 54 73 91 125 153 286 490 539

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-3 -5 -1 -2 -3 -22 -14 -11 -9 -6 -111 -129
-1 0 0 -0 0 0 -0 -0 -4 -7 -10 -14
3 6 5 -1 5 21 16 9 32 22 120 176
Net Cash Flow -0 1 3 -4 2 -1 2 -2 19 9 -1 33

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
ROE % 6% 5% 5% 7% 8% 14% 16% 12% 3% 1% 8% 8%

Shareholding Pattern

Numbers in percentages

14 Recently
Dec 2021Mar 2022Jun 2022Jul 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
41.21% 37.38% 35.93% 31.23% 24.02% 22.90% 22.22% 20.62% 19.79% 19.62% 19.60% 18.85%
0.00% 0.00% 0.00% 0.00% 1.06% 1.04% 1.04% 1.04% 0.51% 1.15% 1.16% 0.86%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.22% 0.00% 0.00% 0.08% 0.08%
58.79% 62.62% 64.07% 68.77% 74.93% 76.06% 76.74% 78.13% 79.70% 79.24% 79.16% 80.23%
No. of Shareholders 1,5911,9661,9572,2047,3836,5896,4045,4946,0938,5148,0039,212

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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