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%
|
by Abhijit Pednekar,
created on July 10th, 2017,
last updated on January 30th, 2019