Can Fin Homes Ltd., incorporated in the year 1987, is a Mid Cap company (having a market cap of Rs 6481.28 Crore) operating in NBFC sector.
For the quarter ended 31-12-2020, the company reported a Standalone sales of Rs 502.72 Crore, down 4.32 % from last quarter Sales of Rs 525.41 Crore and down 2.68 % from last year same quarter Sales of Rs 516.55 Crore Company reported net profit after tax of Rs 131.92 Crore in latest quarter.
Over the past three years, CANF’s loan book growth has been on the decline. While its performance in 1HFY21 was muted as per expectations, disbursements in 3QFY21 were also disappointing due to state-specific issues. However, this is expected to normalize in 4QFY21.
Promoters held 30 per cent stake in the company as of Dec 30, 2020, while FIIs held 0 per cent, DIIs 15.3 per cent and public and others 54.7 per cent.