India Shelter Finance Corporation Ltd
Incorporated in 1998, India Shelter Finance Corporation Limited is engaged in the business of housing finance. [1]
- Market Cap ₹ 7,610 Cr.
- Current Price ₹ 711
- High / Low ₹ 789 / 519
- Stock P/E 30.8
- Book Value ₹ 215
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 14.0 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 54.6% CAGR over last 5 years
Cons
- Stock is trading at 3.35 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.5% 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 172 | 230 | 317 | 448 | 584 | 829 | |
| 83 | 84 | 99 | 138 | 185 | 243 | |
| Operating Profit | 89 | 146 | 218 | 310 | 399 | 586 |
| OPM % | 52% | 63% | 69% | 69% | 68% | 71% |
| 0 | 0 | 6 | 12 | 22 | 32 | |
| Interest | 49 | 76 | 106 | 149 | 211 | 290 |
| Depreciation | 2 | 6 | 5 | 7 | 8 | 10 |
| Profit before tax | 38 | 64 | 113 | 167 | 201 | 318 |
| Tax % | 26% | 27% | 23% | 23% | 23% | 22% |
| 28 | 47 | 87 | 128 | 155 | 247 | |
| EPS in Rs | 6.59 | 10.95 | 20.33 | 29.39 | 35.32 | 23.06 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 38% |
| TTM: | 42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | 41% |
| TTM: | 59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 13% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 42 | 43 | 43 | 44 | 44 | 54 |
| Reserves | 751 | 805 | 894 | 1,032 | 1,196 | 2,244 |
| 508 | 689 | 1,491 | 2,070 | 2,989 | 3,415 | |
| 61 | 262 | 41 | 75 | 94 | 117 | |
| Total Liabilities | 1,362 | 1,799 | 2,470 | 3,221 | 4,323 | 5,830 |
| 7 | 18 | 15 | 17 | 24 | 30 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 80 | 94 | 0 | 175 | 59 | 170 |
| 1,276 | 1,687 | 2,455 | 3,029 | 4,240 | 5,630 | |
| Total Assets | 1,362 | 1,799 | 2,470 | 3,221 | 4,323 | 5,830 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -341 | -292 | -421 | -495 | -853 | -1,233 | |
| 26 | -150 | 77 | 1 | 161 | -233 | |
| 344 | 395 | 560 | 592 | 907 | 1,220 | |
| Net Cash Flow | 28 | -46 | 216 | 97 | 215 | -247 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 3 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 3 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 2,428 | -404 | 11 | -2 | 24 | 37 |
| ROCE % | 10% | 11% | 11% | 11% | 12% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Credit Rating 14h
- Closure of Trading Window 2d
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 20 Jun
- Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 19 Jun
- Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 19 Jun
Concalls
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May 2024Transcript PPT
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Feb 2024Transcript PPT
Business Profile[1] The company finances purchase and self-construction of residential properties by first-time home loan takers through home loans and offers loans against property (LAP).