Posted In: Finance, Homeloan

CANFINHOME – Can Fin Homes

CanFin Homes Ltd, set up under the sponsorship of Canara Bank, was incorporated in the year 1987. CanFin Homes Ltd is one of the top players in the housing finance sector.

3,35,000 Families assisted with financial assistance since inception
1st Housing finance company in the country promoted by a Nationalised bank

Parent

Canara Bank holds 30% stake in CanFin Homes Ltd

Loan Book

(In Rupees Crore) 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18
Loan Approvals 1105 2093 2907 3670 4418 5451 5760
Loan disbursements 859 1814 2548 3346 3923 4792 5207
Total Loan outstanding 2674 4016 5844 8231 10643 13313 15743
i. Housing Loan 2608.62 3808.38 5350.27 7325.49 9381.32 11783.59 14089.08
ii. Non Housing Loan 65.77 207.77 493.73 905.8 1261.81 1529.47 1653.91
Borrowings 2300.30 3538.89 5268.53 7374.51 9443.96 11871.95 13924.75
Interest Collected
i. Housing Loan 270.49 359.35 511.61 690.76 896.10 1111.31 1277.03
ii. Non Housing Loan 5.82 18.28 44.03 95.76 146.67 192.61 211.40
iii. Investment 2.94 1.08 1.41 1.37 1.64 2.15 2.13
Total Interest Collected 279.25 378.71 557.05 787.89 1044.41 1306.08 1490.56
Net Interest Income (NII) 83.71 95.69 134.29 177.60 300.93 422.05 509.78
Bad Debts written off 2.81 3.29 3.22 2.10 3.29 0.85
Average Business Per Branch 47.94 49.38 61.65 67.15 86.71 97.88 109.07
Average Business Per Employee 10.88 11.43 13.90 15.90 18.52 20.68 23.88

Branch Network

The company, as on date 29 Jan 2019, is having 154 Branches, 21 Affordable Housing Loan Centres (AHLCs) & 14 Satellite Offices spread across various locations of the country and all these branches and satellite offices are linked to the Registered Office at Bangalore through a core banking platform. Being a south based company, 70% of its branches are located in southern India and the remaining 30% in Northern India.

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18
Branches 52 69 83 107 110 134 153
Satellite Offices 0 0 0 10 30 36 20
Total No. of Branches / Offices 52 69 83 117 140 170 173

Non performing assets (NPA)

(In Rupees Crore) 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18
Gross NPA Rupees Crore 19.01 15.66 12.10 14.35 19.76 27.91 67.49
Gross NPA % 0.71% 0.39% 0.21% 0.17% 0.19% 0.21% 0.43%
Net NPA % NIL NIL NIL NIL NIL NIL 0.20%

Financials

(In Rupees Crore) 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18
Total Income 286.83 392.70 578.00 817.03 1083.54 1353.12 1547.06
PAT 43.76 54.12 75.71 86.24 157.11 235.26 301.77
EPS 4.27 5.28 7.39 6.48 11.80 17.68 22.67
Book Value 33.91 38.26 44.13 58.01 65.97 80.86 101.16
ROE 13.51% 14.84% 18.14% 17.75% 19.05% 24.08% 24.91%
Return on Average Asset 1.83% 1.65% 1.52% 1.23% 1.69% 1.97% 2.09%
Capital Adequacy Ratio 18.00% 15.40% 13.84% 18.39% 20.69% 18.50% 19.08%
Net Interest Margin (NIM)
a) Conventional 3.51% 2.93% 2.71% 2.54% 3.24% 3.54% 3.53%
b) Including PC 3.80% 3.35% 3.12% 2.95% 3.65% 3.93% 4.24%
Tags: , , ,

by , created on July 10th, 2017, last updated on January 30th, 2019

Leave a Reply