12-Oct-2026 08:04:49
INDIAHOMESGeneral news
MS on Canfin Homes ; OW TP Rs 1055
PAT beat MSe, VA consensus by 3% on lower credit costs (7bp annualized vs MSe 15bp); NII was in-line. Adj. disbursements, +7% YoY, missed MSe by 11%. Loan growth, +10% YoY, missed MSe by 1.5%. Valuation (1.2x F28e P/B) offers upside given high-teens ROE (~17% F28e), mid-teens growth.
India Homes Limited