Dewan Housing Finance Corporation Share Price Graph And News

Dewan Housing Finance Corporation-Share Price Graph And News

Dewan Housing Finance Corporation Limited is basically a deposit-taking housing finance company. This company’s headquartered in Mumbai with branches in major cities across India. Dewan Housing Finance Corporation Limited was established to enable access to affordable housing finance to the lower and middle-income groups of India. This company is the second housing finance company to be established in the country. This company also leases commercial and residential premises. Dewan Housing Finance Corporation Limited is among the 50 biggest financial companies in India. The content deals with Dewan Housing Finance Corporation Share Price Graph And News.

About the company –

Dewan Housing Finance Corporation Limited one of India’s leading housing finance companies. This is committed to creating, protecting and maintaining clients dream home, by offering attractive interest rates. Dewan Housing Finance Corporation Limited is here to guide you on everything client need to know about availing a home loan. For over three decades, this company has been fulfilling the dreams of millions of Indians who want to own a home of their own. Dewan Housing Finance Corporation Limited’s main focus is on providing easy and accessible housing finance to the lower and middle-income groups in India, transforming their aspirations into reality. This company also offer a wide range of other loan options like Loan Against Property, Business Loans, Plant and Machinery Loan, Medical Equipment Loan, etc. Dewan Housing Finance Corporation Limited also offer deposits at attractive interest rates. This company transforming dreams to build a nation of proud homeowners. Dewan Housing Finance Corporation Limited has been providing easy access to affordable Housing Finance to realize home ownership aspirations of millions of Lower and Middle-income families in semi-urban and rural India. The vision of Dewan Housing Finance Corporation Limited over the last 33 years has been to fulfill the aspirations of owning a home. This company’s experience and understanding of the LMI segment has shaped Dewan Housing Finance Corporation Limited emergence as a comprehensive financial services provider. This company’s project finance business is a backward integration of the creation of a retail pool by offering loans to developers for the construction and development of housing projects. Dewan Housing Finance Corporation Limited’s projects addressing the huge demand and supply gap in the affordable housing category particularly in emerging towns and cities.

Dewan Housing Finance Corporation Share Price Graph

Products:

  • Home Loans.
  • Home Extension Loan.
  • Home Improvement Loan.
  • Home Loans for NRI’s.
  • Plot Loans.
  • Mortgage Loan.
  • Non Residential Property.
  • Home Loan Linked – Insurance Plan.
  • Reverse Mortgage.
  • Fixed Deposit.

Company summary –

Dewan Housing Finance Corporation Limited, founded by Rajesh Kumar Wadhawan in 1984 with its registered office in Mumbai. This company provides access to housing finance to lower and middle-income Indians. Dewan Housing Finance Corporation Ltd. is the second housing finance company set up in India.

Dewan Housing Finance Corporation Limited disbursed funds from its own equity contribution. This company had a return on equity of less than 8% at a time when the interest rates were about 18%. Over 2 decades later, Dewan Housing Finance Corporation Limited is still profitably doing what its founder intended it to do. This company has so far disbursed loans amounting to over 53 billion, its nonperforming assets are the lowest in the Industry.

Dewan Housing Finance Corporation Limited has an asset base of over Rs.3,580 crores, with a strong presence across India through its 72 branches and 116 service locations. This company also caters to a large section of Indians working in the Middle East through its overseas branch in Dubai.

In June 2010, Dewan Housing Finance Corporation Limited and its subsidiary DHFL Vysya Housing Finance have promoted a housing finance Company under the name and style Aadhar Housing Finance (AHFL). Aadhar Housing Finance, in the initial period, proposes to target the market in retail housing loans in the low-income segment of the Indian population in certain states. In December 2010, Dewan Housing Finance Corporation Limited acquired Deutsche Postbank Home Finance for Rs.1079 Crore.

Registered Address –

Warden House,
2nd Floor, Sir P. M. Road,
Mumbai, Maharashtra, 400001.
Phone: 022-61066800
Fax: 022-22871985
Email: [email protected]
Website: http://www.dhfl.com

Company financials :

Dewan Housing Finance Corporation Limited, incorporated in the year 1984. This is a Mid Cap company. Dewan Housing Finance Corporation Limited having a market cap of Rs.4018.50 Crore operating in the Finance sector.

Dewan Housing Finance Corporation Limited’s key Products or Revenue Segments include Interest On Housing Loans which contributed Rs.9045.32 Crore to Sales Value 86.55 % of Total Sales. The interest of this company which contributed Rs.413.25 Crore to Sales Value 3.95 % of Total Sales. Income From Sale Of Share and Securities of Dewan Housing Finance Corporation Limited which contributed Rs.408.03 Crore to Sales Value 3.90 % of Total Sales. Other Services of this company which contributed Rs.379.61 Crore to Sales Value 3.63 % of Total Sales. The dividend of Dewan Housing Finance Corporation Limited which contributed Rs.137.31 Crore to Sales Value 1.31 % of Total Sales. Also Commission of this company which contributed Rs.66.64 Crore to Sales Value 0.63 % of Total Sales for the year ending 31st March 2018.

dewan housing finance corporation ltd profit and loss statement

For the quarter ended 31st December 2018, Dewan Housing Finance Corporation Limited has reported a Standalone sales of Rs.3250.94 Crore, down -6.77 % from last quarter Sales of Rs.3487.04 Crore. Also Dewan Housing Finance Corporation Limited has reported up 23.53 % from last year same quarter Sales of Rs.2631.60 Crore. This Company has reported a net profit after tax of Rs.313.60 Crore in the latest quarter.

According to the consolidated statement, the market cap of the company was 4,605.35. Industry P/E (price to earnings ratio) was 20.99. Price/Book value was 0.54.

The Board of Directors of the company :

  • Kapil Wadhawan is the Chairman and Managing Director of this company.
  • G P Kohli is an Independent Director of this company.
  • Mannil Venugopalan is one of the Independent Director of the company.
  • Dheeraj Wadhawan is the Non-Executive Director of this company.
  • V K Chopra is the Independent Director of the company.

News of the company :

In the dated 27th February 2019, reported that “Dewan Housing Finance Corporation Limited’s progress towards fundraising transactions was not taken into cognizance,” it said. In dated 26th February 2019 reported that “In advanced stage to sell down education finance portfolio”, with reference to news appeared in CNBC TV18. Dewan Housing Finance Corporation Limited has submitted to BSE a copy of Clarification is enclosed. This company Announcement under Regulation 30 (LODR)-Credit Rating and Dewan Housing Finance Corporation Limited Clarification sought from Dewan Housing Finance Corporation Ltd in 26th February 2019. Also, Dewan Housing Finance Corporation Limited CPs have an outstanding of Rs.1,525 crore, mostly held by mutual funds as the same date.

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