Shristi Infrastructure Development Corporation Ltd
PEER

Shristi Infrastructure Development Corporation Ltd (PEERABASAN)

₹261.89%

Key Stats

₹25.5
Day's Price Range
₹26
₹24.5
52-Week Price Range
₹78.4
1 Month Return-26.29 %
3 Month Return-51.11 %
1 Year Return-48.4 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 182
-0.28
EPS
Rank 189
₹-96.3
BVPS
Rank 77
₹54.8
Dividend Yield
Rank 44
ROE
Rank 184
Price To Book Ratio
0.48
Debt To Asset
Rank 43
0.92

Company Information

Incorporated on 3 Aug.90 Peerless Abasan Finance was promoted by the Peerless General Finance Investment Company. The company provides longterm housing finance primarily to individuals and property developers. The company also raises deposits from the public through its various deposit schemes.Apart from the head office in Calcutta the company at present has branch offices in Bombay Delhi Madras Guwahati and Jallandhar. Since the company has been classified as a housing finance company by the National Housing Bank NHB it enjoys special tax benefits. Besides as an approved body the company is also eligible for refinance from the NHB. The cumulative loan sanction increased by more than 100 to Rs 18.23 cr as on 31 Mar.95 from Rs 9.08 cr in the previous year. Housing loan disbursed also increased 153 to Rs 13.30 cr from Rs 5.21 cr during the same period. In Nov.93 the company came out with a public issue to augment its longterm resources and also to strengthen its capital base. The company has adopted aggressive marketing of its housing loan schemes. It has decided to disburse the major portion of its loans to citybased real estate developers. With increased emphasis on housing development all over the country the company is highly optimistic about the future.In October 1996 the company was awarded CARE AFD which signifies deposit schemes as upper medium grade instruments with many favourable investment attributes.During 199798 due to sluggish economic conditions and narrowing margin on its core activity impeded significant overall growth. As a result the total operating income declined to Rs. 709.83 lakh during the year from Rs. 775.73 lakh for the previous year.The Capital Adequacy Ratio as on 31st March 2001 was 40.46 as agianst the RBI stipulated minimum requirement of 10.
OrganisationShristi Infrastructure Development Corporation Ltd
HeadquartersKolkata
IndustryRealty