CFHL was able to grow its loan book by a decent 7 percent in FY21 and the growth in H1FY22 has been much stronger at 13 percent on an annual basis.
The year 2018 will be more about stock picking and less about broadly based rallies. Focus on picking high-quality stocks with stories which have sound profitability profiles.
Going ahead, C Ilango, MD, Can Fin Homes expects company‘s Net Interest Income to increase and net interest margin to improve. In addition, housing company anticipates its new branches to breakeven in 8-9 months, he adds.