Repco Home Finance Ltd

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NSEBSE

444.151.80 (0.41%)

09:07 AM,28th Feb 2024

444.602.60 (0.59%)

09:24 AM,28th Feb 2024

BSE : 535322

NSE : REPCOHOME

Sector : Financials

ISIN Code : INE612J01015

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Last Updated: Feb 28 2024 | 09:24 AM IST

Market Cap (₹ Cr)

2778

Turnover (₹ Cr)

0.00

Volume (Shares)

58

Face Value

10

52-WK High

492.90

52-WK High Date

19 Feb 2024

52-WK Low

168.30

52-WK Low Date

27 Mar 2023

All Time High

924.00

All Time High Date

13 Jun 2017

All Time Low

90.35

All Time Low Date

01 Jun 2020

Repco Home Finance Ltd

Repco Home Finance Ltd (RHFL) is a professionally managed housing finance company head quartered in Chennai Tamil Nadu. The company is registered as a housing finance company with the NHB. The company is present in 2 segments - individual home loans and loans against property (LAP). The company provides a variety of tailor-made home loan products to individual borrowers in both salaried and non-salaried (self employed professional and self employed non-professional) segments to suit various requirements. The company provides loans for construction or purchase of house property for repair and renovation/extension of existing property for purchase of plots and loans against property.The company's distribution network comprises of 131 branches and 29 satellite center spread in 11 states and a union territory. The company's retail network is spread across states of Tamil Nadu Karnataka Andhra Pradesh Telangana Kerala Maharashtra Odisha West Bengal Gujarat Madhya Pradesh Jharkhand and the Union Territory of Puducherry.The company was incorporated in April 4th 2000 to tap the growth potential in the housing finance market. The company received certificate of commencement of business on May 2 2000.In March 2013 Repco Home Finance raised Rs.270 crore by public issue of 15720262 equity shares of Rs.10 each at price of Rs.172 per share (premium of Rs.162 per share). The shares got listed both in National Stock Exchange and Bombay Stock Exchange on April 1 2013.During the financial year ended 31 March 2014 the company's loan approvals stood at Rs. 1822.52 crore as compared to Rs. 1284.83 crore in the previous year registering a growth of 41.85%. Loan disbursements during the year were Rs. 1715.26 crore as compared to Rs. 1167.41 crore in the previous year representing a growth of 46.93%. With the continued support of National Housing Bank (NHB) the company availed refinance amounting to Rs.100.00 crore during the year under review. The company borrowed Rs.1673.00 crore from banks during the year as compared to Rs.868.00 crore during the previous year. In September 2013 credit rating agency ICRA upgraded long term rating assigned to company's Term Loans from Banks from [ICRA] A+ to [ICRA] AA-During the year under review the company made an additional investment of Rs. 4.40 crore in its associate company Repco Micro Finance Limited.During the year Repco converted 9 satellite centers into branches and opened 9 new branches and 21 new satellite centers taking the total network to 91 branches and 31 satellite centers. As part of its contiguous expansion strategy the company entered the state of Madhya Pradesh (MP) during the year by opening up its first branch in Indore.During the financial year ended 31 March 2015 the company's loan approvals stood at Rs.2398.88 crore as compared to Rs.1822.51 crore in the previous year registering a growth of 31.63%. During the year under review the Company disbursed loans to the extent of Rs. 2181.15 crore as against Rs.1715.26 crore in the previous year a growth of 27.16%. During the year the company received a refinance sanction of Rs. 300 crore (previous year 'NIL') from National Housing Bank. The company availed refinance from National Housing Bank aggregating to Rs.450 crore (previous year Rs.100 crore). In its continuing efforts to reduce the cost of fund the Company during the year started mobilising funds through issuing Secured Redeemable NonConvertible Non-Cumulative Taxable Debentures (SRNCD) and Commercial Paper (CP). During the year the company has issued SRNCDs aggregating to Rs.100 crore (previous year 'NIL') with a coupon rate of 9.55% per annum and tenor of three years.During the year the company converted 8 satellite centers into branches and opened 7 new branches directly and 13 new satellite centers taking the total network to 106 branches and 36 satellite centers. As part of its contiguous expansion strategy the company entered the state of Jharkhand during the year by opening up its first branch in Ranchi.During the financial year ended 31 March 2016 the company's loan approvals stood at Rs.3082.76 crore as compared to Rs.2398.88 crore in the previous year registering a growth of 28.51%. During the year under review the Company disbursed loans to the extent of Rs. 2851.20 crore as against Rs.2181.15 crore in the previous year a growth of 30.72%. During the year the company received a refinance sanction of Rs. 500 crore (previous year Rs. 300 crore) from National Housing Bank. In its continuing efforts to reduce the cost of fund the company during the year started mobilising funds through issuing Secured Redeemable Non-Convertible Non-Cumulative Taxable Debentures (SRNCD) and Commercial Paper (CP). During the year the company issued SRNCDs aggregating to Rs.300 crore (previous year Rs.100 crore). During the year the company raised funds amounting to Rs.1250 crore (previous year Rs.110 crore) by way of issuance of commercial paper.During the year the company converted 7 satellite centers into branches opened 2 new branches and 8 new satellite centers and closed down 2 satellite centers taking the total network to 115 branches and 35 satellite centers. The company didn't venture into a new state during the year with a view to consolidate in existing regions. The company employed direct sales agents (DSAs) in some branches of Maharashtra and a few other select locations during the year.During the year under review credit rating agency CARE upgraded ratings assigned to company's new and old Term Loans from banks and non-convertible debentures facilities to AA. The company's shareholders at the 15th AGM held in September 2015 approved new borrowings facilities from banks and by way of non-convertible debentures and commercial papers.During the financial year ended 31 March 2017 the company's total loan approvals stood at Rs. 2875.75 crore as compared to Rs.3082.76 crore in the previous year. During the year under review the company disbursed loans to the extent of Rs.2642.39 crore as against Rs.2851.20 crore in the previous year. During the year the Company availed a refinance of Rs. 500 crore from National Housing Bank. In its continuing efforts to reduce the cost of fund the Company during the year the company issued Secured Non Convertible Debentures SRNCDs aggregating to Rs.385 crores (previous year Rs.300 crores). During the year the company raised funds amounting to Rs. 1400 crores (previous year Rs.1250 crores) by way of issuance of commercial paper.During the year the company converted 8 satellite centers into branches opened 2 new branches and 4 new satellite centers taking the total network to 125 branches and 32 satellite centers. The company didn't venture into a new state during the year with a view to consolidate in existing regions. The company employed direct sales agents (DSAs) in some branches of Tamil Nadu Maharashtra and Gujarat during the year. During the financial year ended 31 March 2018 the company's total loan approvals stood at Rs.3079.26 crore as compared to Rs. 2875.75 crore in the previous year. During the year under review the company disbursed loans to the extent of Rs.2806.51 crore as against Rs.2642.39 crore in the previous year. During the year the company issued Secured Non Convertible Debentures (SRNCDs) aggregating to Rs. 652 crores (previous year Rs. 385 crores). In order to meet liquidity requirements the company took advantage of favorable rates available in the money market by issuing commercial papers (CPs) to the tune of Rs.2350 Crs during the financial year.During the year the company converted 3 satellite centers into branches opened 3 new branches and 1 new satellite center taking the total network to 131 branches and 29 satellite centers. The company didn't venture into a new state during the year with a view to consolidate in existing regions. The company employed direct sales agents (DSAs) in some branches of Tamil Nadu Maharashtra and Gujarat during the year.

Repco Home Finance Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

2778

EPS - TTM (₹) [S]

58.94

P/E Ratio (X) [S]

1.03

Face Value (₹) 10
Latest Dividend (%)27.00
Latest Dividend Date 07 Sep 2023
Dividend Yield (%) 0.61
Book Value Share (₹) [S]429.41
P/B Ratio (₹) [S]1.03
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
HDFC Small Cap Fund (G) 152.00 3733750 0.53
HDFC Small Cap Fund (IDCW) 152.00 3733750 0.53
HDFC Small Cap Fund - Direct (G) 152.00 3733750 0.53
HDFC Small Cap Fund - Direct (IDCW) 152.00 3733750 0.53
Aditya Birla SL Banking&Financial Services-D(IDCW) 85.33 2095955 2.77
Aditya Birla SL Banking&Financial Services-Dir(G) 85.33 2095955 2.77
Aditya Birla SL Banking&Financial Services (IDCW) 85.33 2095955 2.77
Aditya Birla SL Banking&Financial Services (G) 85.33 2095955 2.77
Aditya Birla SL Small Cap Fund - Direct (G) 44.66 1097053 0.81
Aditya Birla SL Small Cap Fund (G) 44.66 1097053 0.81

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Research Reports

Date BrokerActionPrices(Rs)Report
18-08-2022Nirmal Bang Accumulate 181

Stock Strength

Today's Low/High

444.15

444.15

Week Low/High

439.00

486.00

Month Low/High

390.55

493.00

Year Low/High

168.30

493.00

All time Low/High

90.75

924.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-4.07%-4.13%0.710.72%
1 Month12.61%12.53%3.454.03%
3 Month13.39%13.33%10.5211.69%
6 Month13.55%13.49%12.5215.06%
1 Year127.77%128.06%24.0428.38%
3 Year32.96%33.26%48.9652.89%

Company Info

Company Information

Chairman(Non Exe)&Dir(Non-Ind) : C.Thangaraju

Non-Exec & Non-Independent Dir : ESTHAKI SANTHANAM

Independent Non Exe. Director : B Raj Kumar

Independent Non Exe. Director : Mrinal Kanti Bhattacharya

Independent Non Exe. Director : R. Swaminathan

Independent Non Exe. Director : RAMCHANDRAN VAITHIANATHAN

Independent Non Exe. Director : Usha Ravi

Independent Non Exe. Director : Sumithra Ravichandran

Managing Director & CEO : K. Swaminathan

Non-Exec & Non-Independent Dir : Jacintha Lazarus I.A.S

Non-Exec & Non-Independent Dir : R S Isabella

Whole-time Director : N.Balasubramanian

Additional Director : Anant Kishore Saran

Registered Office: No 33 Repco Tower, North Usman Road T Nagar,Chennai,Tamil Nadu-600017 Ph: 91-44-28340715

Email:cs@repcohome.com

URL:http://www.repcohome.com