India Shelter Finance Corporation Ltd share price logo

India Shelter Finance Corporation Ltd (INDIASHLTR)

₹734.352.71%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 3 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 3 analysts offering long term price targets for India Shelter Finance Corporation Ltd. An average target of ₹833.33

Source: S&P Global Market Intelligence

India Shelter Finance Corporation Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹714.5
    ₹743.75
  • 52 Week's Low

    52 Week's High

    ₹519.15
    ₹762
1 Month Return-1.34 %
3 Month Return+ 23.32 %
1 Year Return+ 31.26 %
Previous Close₹715.00
Open₹716.00
Volume1.95L
Upper Circuit-
Lower Circuit-
Market Cap₹7,666.00Cr

Key Statistics

P/E Ratio22.68
PEG Ratio10.96
Market Cap₹7,666.00 Cr
P/B Ratio2.91
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Quant Small Cap Fund Growth Option Direct PlanQuant Small Cap Fund Growth Option Direct Plan0.79%
Axis Small Cap Fund Direct GrowthAxis Small Cap Fund Direct Growth0.76%
Nippon India Value Fund - Direct Plan - Growth OptionNippon India Value Fund - Direct Plan - Growth Option1.37%
Mirae Asset Banking and Financial Services Fund Direct GrowthMirae Asset Banking and Financial Services Fund Direct Growth4.14%
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth0.48%

Company Information

India Shelter Finance Corporation Ltd was incorporated under the name Satyaprakash Housing Finance India Limited on October 26 1998 as a Public Limited Company pursuant to a Certificate of Incorporation dated October 26 1998. A Certificate for Commencement of Business dated November 18 1998 was granted to Satyaprakash Housing Finance India Limited by the Registrar of Companies Madhya Pradesh at Gwalior. Pursuant to Change of the Name of Company from Satyaprakash Housing Finance India Limited to India Shelter Finance Corporation Limited as approved by Shareholders Company was issued a fresh Certificate of Incorporation dated July 8 2010 by the Registrar of Companies Madhya Pradesh and Chhattisgarh at Gwalior. A Certificate of Registration dated September 14 2010 was granted to Company by the National Housing Bank NHB to carry on the business of a housing finance institution without accepting public deposits.The Company is a retail housing finance company with a distribution network of 183 branches in the States of Rajasthan Maharashtra Madhya Pradesh Karnataka and Gujarat and a scalable technology infrastructure. The Company has presence in states which cover nearly 94 of the affordable housing finance market in India. The Company leverage technology and analytics across the operations and throughout the customer life cycle including onboarding underwriting asset quality monitoring collections and customer services.The Company has introduced a paperless approach to customer acquisition and onboarding with mobile solutions in different stages of lending process. On these solutions the iSales application integrates streamlines and optimizes customer acquisition process whereas IndiaShelter iCredit application facilitates underwriting. Overall sales and productivity is enhanced while maintaining customer relationships combining digital solutions with personal interaction. The Company introduced IndiaShelter iServe application service designed to address concerns and queries from the existing customers online.Apart from these the Company has an integrated customer relationship management and loan management system set up on a cloudbased platform providing with connectivity and access to real time information for customers. The IT systems allows them to increase productivity reduce turnaround times and transaction costs. It has adopted the key aspects of lending operations includingcustomer acquisition underwriting collateral valuation legal assessment and collections. This allows the customers to directly connect with our customers minimize turnaround times increases customer retention and mitigate the risk of fraudulent activities. The underwriting processes are customized to access creditworthiness of the low and middleincome segment and as a result have developed data centric and iterative processes. The Company has different and separate verticals to underwrite customers creditworthiness collateral legal verification and collateral valuation which work in parallel and are independent to each other.In 2009 the Company was taken over by the Individual Promoter. In 2010 the Company started operations by opening the first branch in Rajasthan. In 2016 the Company opened first branch in Southern India in Karnataka State through expansion of geographical presence. In 2023 the Asset Under Management AUM crossed Rs 4359.4 Crores. The Company is planning issuing Equity Shares aggregating upto Rs 1800 Crores comprising Rs 1000 Crores Equity Shares through Fresh Issue and Rs 800 Crores through Offer for Sale..

Share Price: ₹734.35 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹7,666.00Cr as of today
Revenue: ₹0.00Cr as on March 2024 (Q1 24)
Net Profit: ₹77.93Cr as on March 2024 (Q1 24)
Listing date: 20 Dec, 2023
Chairperson Name: Sudhin Choksey
OrganisationIndia Shelter Finance Corporation Ltd
Headquarters
IndustryFinance
E-voting on sharesClick here to vote

Key events for India Shelter Finance Corporation Ltd

  • India Shelter Finance Corp Shares Gain 26% in a Month - 19 Jun, 2024

    India Shelter Finance Corporation Ltd shares have gained 26% in the last month, with earnings growth of 48% in the past year. However, the P/E ratio of 31.3x is in line with other companies, indicating investors may be overpaying for limited growth expectations.

  • Goldman Sachs India holds 1.1% stake in India Shelter Finance Corp - 18 Jun, 2024

    As of March 2024, Goldman Sachs India owns 1,122,029 equity shares equivalent to 1.1% of the company. In Q3FY24, the company's revenue was Rs 234 crore and net profit was Rs 78 crore.

  • India Shelter Finance Stock Sees Upside Potential - 14 Jun, 2024

    ICICI Securities has maintained a buy call on India Shelter Finance Corporation with a target price of ₹800, while Madison India Opportunities Trust Fund sold 11.35 lakh shares. The company aims to sustain 30-35% YoY growth through purpose, integrity, and technology.

  • ICICI Securities Recommends Buy for India Shelter Finance Corp. - 12 Jun, 2024

    ICICI Securities recommends buying shares of India Shelter Finance Corporation Ltd., which reported a consolidated total income of Rs 244.42 crore for Q4 2023 and saw its shares gain 19% over the last year. The company's CEO also notes that schemes like PMAY could drive business growth by 10-12%.

Insights on India Shelter Finance Corporation Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 47.13 Cr → 62.31 Cr (in ₹), with an average increase of 12.6% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 7 quarters, 128.54 Cr → 218.38 Cr (in ₹), with an average increase of 8.4% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 5.84% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 0.00% to 33.25% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.00% to 9.93% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, INDIASHLTR stock has moved up by 13.3%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 56.74% to 48.30% in Dec 2023 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
-
-
Net Income
₹77.93Cr
↑25.07%
Net Profit Margin
-
-
2024Y/Y Change
Revenue
₹829.71Cr
↑41.93%
Net Income
₹247.60Cr
↑59.39%
Net Profit Margin
29.84%
↑12.31%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹5,829.63Cr
↑34.84%
Total Liabilities
₹3,532.05Cr
↑14.56%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
-₹1,232.97Cr
↑44.61%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
48.3%
0.00
Foreign Institutions
5.28%
0.00
Mutual Funds
13.23%
0.00
Retail Investors
30.33%
0.00
Others
2.86%
0.00

Key Indicators

India Shelter Finance Corporation Ltd Valuation

India Shelter Finance Corporation Ltd in the last 5 years

  • Overview

  • Trends

Lowest (16.21x)

December 26, 2023

Today (22.68x)

July 12, 2024

Industry (31.26x)

July 12, 2024

Highest (23.70x)

July 5, 2024

LowHigh

Earnings and Dividends

  • India Shelter Finance Corporation Ltd Earnings Results

    India Shelter Finance Corporation Ltd’s net profit jumped 46.84% since last year same period to ₹77.93Cr in the Q4 2023-2024. On a quarterly growth basis, India Shelter Finance Corporation Ltd has generated 25.07% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

India Shelter Finance Corporation Ltd is currently in a Bullish trading position according to technical analysis indicators.

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India Shelter Finance Corporation Ltd (INDIASHLTR) share price today is ₹734.35

India Shelter Finance Corporation Ltd is listed on NSE

India Shelter Finance Corporation Ltd is listed on BSE

  • Today’s highest price of India Shelter Finance Corporation Ltd is ₹743.75.
  • Today’s lowest price of India Shelter Finance Corporation Ltd is ₹714.5.

PE Ratio of India Shelter Finance Corporation Ltd is 22.68

PE ratio = India Shelter Finance Corporation Ltd Market price per share / India Shelter Finance Corporation Ltd Earnings per share

Today’s traded volume of India Shelter Finance Corporation Ltd(INDIASHLTR) is 1.95L.

Today’s market capitalisation of India Shelter Finance Corporation Ltd(INDIASHLTR) is ₹7666Cr.

India Shelter Finance Corporation Ltd(INDIASHLTRPrice
52 Week High
₹762
52 Week Low
₹519.15

India Shelter Finance Corporation Ltd(INDIASHLTR) share price is ₹734.35. It is down -3.63% from its 52 Week High price of ₹762

India Shelter Finance Corporation Ltd(INDIASHLTR) share price is ₹734.35. It is up 41.45% from its 52 Week Low price of ₹519.15

India Shelter Finance Corporation Ltd(INDIASHLTRReturns
1 Day Returns
19.35%
1 Month Returns
-1.34%
3 Month Returns
23.32%
1 Year Returns
31.26%