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Buy Can Fin Homes; target of Rs 850: Sharekhan

Sharekhan is bullish on Can Fin Homes has recommended buy rating on the stock with a target price of Rs 850 in its research report dated March 11, 2025.

March 12, 2025 / 11:30 IST
Buy

Buy

 
 
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Sharekhan's research report on Can Fin Homes

Can Fin Homes has retained its guidsance of steady RoA of 2.1% and RoE of ~17-18%. It expects disbursements/ AUM growth at ~40%/ ~15% for FY2026E. E-registration situation in Karnataka is improving gradually but Telangana will take longer to resolve. NIMs are eyed at over >3.5% in the near term and long term guidance remains intact at 3.5%. Credit cost guidance is retained at 15 bps.

Outlook

At CMP, the stock trades 1.4x/1.2x its FY2026E/FY2027 BV. We reiterate our buy rating on Can Fin Homes with an unchanged PT of Rs. 850 given stable outlook and reasonable valuation.

For all recommendations report, click here

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Can Fin Homes -12032025 - khan

Broker Research
first published: Mar 12, 2025 11:29 am

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