Indiabulls Housing Finance Limited is leading housing finance company in India. Indiabulls Housing Finance share price fluctuation affects Nifty because it carries good weightage among Nifty 50 stocks.
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Indiabulls Housing Finance Share Price Graph
Incorporated in 2005, Indiabulls Housing Finance Limited was formed to meet social needs for housing by giving long term loan for house ownership. In the journey of a little over one decade the small housing finance company giving loans to Indian middle class has turned into a big brand in housing finance sector in India. Reliable and impeccable service combined with customer centric approach backed up by a global standard of infrastructure has made the company one of the top companies in its own business space.
The shareholding pattern of Indiabulls Housing Finance is as follows.
- Promoters stake – 23.82%
- Foreign Institutions – 63.24%
- Others – 5.09%
- Retail investors – 4.17%
- Mutual Funds & NBFC – 2.51%
- Financial Institutions – 1.17%
High stake of foreign investors has made the stock attractive for investment.
In the last quarter of fiscal 17, Indiabulls Housing Finance has reported a consolidated net sales growth of 18.40% (quarter to quarter) and 22.10% (quarter over same quarter of last fiscal). In last quarter of fiscal 17, it has reported PAT (profit after tax) of Rs 837.32crores.
The company earns its revenue from the sale of financial products and interest and other charges earned from them. As per latest financial data, revenue earned from interest of total loan is Rs 7560.05 crores (over 95% of total sales), revenue earned from loan processing charges is Rs 298.14 crores (3.75% of total sales), fees & other charges contributed Rs 43.39 crores (0.54% of total sales), revenue from other operating fees Rs 16.3 crores (0.20% of total sales revenue) and 15.06 crores from commission (0.18% of total sales value).
Company Financials – Indiabulls Housing Finance share price is Rs 1120 (as on 21.06.17, 10.08 hrs.) in BSE. As per latest data, the standalone basis P/E is 16.85 versus average industry PE of 25.22, EPS is Rs 66.99. Market cap is Rs 47,907 crores. The face value of a share is Rs 2.
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