GIC Housing Finance Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.
Growth
Compounded Sales Growth
10 Years:
5%
5 Years:
-3%
3 Years:
-5%
TTM:
-4%
Compounded Profit Growth
10 Years:
4%
5 Years:
-3%
3 Years:
12%
TTM:
-23%
Stock Price CAGR
10 Years:
3%
5 Years:
11%
3 Years:
12%
1 Year:
3%
Return on Equity
10 Years:
12%
5 Years:
9%
3 Years:
11%
Last Year:
8%
Last Updated: Unknown
Balance Sheet
Last Updated: Unknown
Month
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Equity Capital
54
54
54
54
54
54
54
54
54
54
54
54
Reserves
497
557
606
678
784
1,064
1,200
1,209
1,304
1,457
1,645
1,775
Borrowings
3,973
4,652
5,794
7,001
8,237
9,984
11,659
11,768
11,226
10,365
9,168
8,584
Other Liabilities
228
256
266
289
329
44
57
68
57
53
53
57
Total Liabilities
4,751
5,518
6,721
8,021
9,404
11,147
12,969
13,099
12,641
11,929
10,920
10,470
Fixed Assets
6
5
3
2
2
2
3
19
16
21
52
44
CWIP
0
0
0
0
0
0
0
13
29
29
9
10
Investments
10
10
10
10
26
13
14
14
14
15
230
169
Other Assets
4,735
5,503
6,708
8,009
9,376
11,132
12,953
13,053
12,581
11,864
10,629
10,248
Total Assets
4,751
5,518
6,721
8,021
9,404
11,147
12,969
13,099
12,641
11,929
10,920
10,470
Reserves and Borrowings Chart
Cash Flow
Month
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Cash from Operating ActivityÂ
-262
-662
-1,103
-1,167
-1,178
-1,721
-1,645
22
548
1,286
1,044
522
Cash from Investing ActivityÂ
0
0
1
2
-16
2
1
-11
-14
-4
-213
64
Cash from Financing ActivityÂ
205
647
1,105
1,174
1,203
1,715
1,639
51
-558
-892
-1,238
-619
Net Cash Flow
-57
-14
3
9
10
-5
-5
62
-24
390
-407
-34
Free Cash Flow
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Free Cash Flow
48.00
63.00
66.00
62.00
77.00
98.00
115.00
103.00
180.00
266.00
206.00
117.00
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Free Cash Flow Chart
Financial Efficiency Indicators
Month
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
ROE %
16%
17%
16%
18%
19%
21%
14%
4%
8%
12%
13%
8%
Financial Efficiency Indicators Chart
Share Holding Pattern
Month
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Promoters
42.41%
42.41%
42.41%
42.41%
42.41%
42.41%
42.41%
42.41%
42.41%
42.41%
42.41%
42.41%
FIIs
0.36%
1.35%
1.41%
1.78%
1.85%
2.33%
2.22%
2.04%
3.62%
3.28%
3.18%
2.64%
DIIs
0.00%
6.34%
6.34%
6.33%
6.34%
6.34%
6.34%
6.34%
6.34%
5.89%
5.89%
5.89%
Public
57.23%
49.90%
49.84%
49.48%
49.39%
48.92%
49.03%
49.21%
47.63%
48.40%
48.52%
49.04%
No. of Shareholders
68,818
63,624
62,458
61,492
60,636
57,320
59,762
59,478
57,443
58,599
62,410
66,668
Shareholding Pattern Chart
No. of Shareholders
This stock is not held by any mutual fund
ROCE Trend
EPS Trend
Key Financial Ratios
Month
Mar 24
Mar 23
Mar 22
FaceValue
10.00
10.00
10.00
Basic EPS (Rs.)
28.11
39.60
32.22
Diluted EPS (Rs.)
28.11
39.60
32.22
Cash EPS (Rs.)
30.88
41.42
33.80
Book Value[Excl.RevalReserv]/Share (Rs.)
339.43
315.39
280.39
Book Value[Incl.RevalReserv]/Share (Rs.)
339.43
315.39
280.39
Revenue From Operations / Share (Rs.)
196.21
206.92
213.40
PBDIT / Share (Rs.)
172.52
186.02
174.44
PBIT / Share (Rs.)
169.74
184.18
172.85
PBT / Share (Rs.)
37.89
53.80
42.75
Net Profit / Share (Rs.)
28.09
39.58
32.20
NP After MI And SOA / Share (Rs.)
28.09
39.58
32.20
PBDIT Margin (%)
87.92
89.89
81.74
PBIT Margin (%)
86.50
89.00
80.99
PBT Margin (%)
19.31
25.99
20.03
Net Profit Margin (%)
14.31
19.12
15.09
NP After MI And SOA Margin (%)
14.31
19.12
15.09
Return on Networth / Equity (%)
8.27
12.54
11.48
Return on Capital Employeed (%)
35.32
34.81
30.81
Return On Assets (%)
1.44
1.95
1.45
Long Term Debt / Equity (X)
0.39
0.66
0.98
Total Debt / Equity (X)
4.68
5.38
6.85
Asset Turnover Ratio (%)
0.09
0.09
0.00
Current Ratio (X)
1.31
1.33
1.32
Quick Ratio (X)
1.31
1.33
1.32
Dividend Payout Ratio (NP) (%)
16.00
11.36
12.41
Dividend Payout Ratio (CP) (%)
14.56
10.85
11.82
Earning Retention Ratio (%)
84.00
88.64
87.59
Cash Earning Retention Ratio (%)
85.44
89.15
88.18
Interest Coverage Ratio (X)
1.31
1.43
1.34
Interest Coverage Ratio (Post Tax) (X)
1.21
1.30
1.25
Enterprise Value (Cr.)
9607.78
9887.44
10571.51
EV / Net Operating Revenue (X)
9.09
8.87
9.19
EV / EBITDA (X)
10.34
9.86
11.25
MarketCap / Net Operating Revenue (X)
1.03
0.74
0.61
Retention Ratios (%)
83.99
88.63
87.58
Price / BV (X)
0.59
0.49
0.46
Price / Net Operating Revenue (X)
1.03
0.74
0.61
EarningsYield
0.13
0.25
0.24
Profitability Ratios (%)
Liquidity Ratios
Liquidity Ratios (%)
Interest Coverage Ratios (%)
Valuation Ratios
Fair Value
Fair Value of GIC Housing Finance Ltd as of October 11, 2024 is: ₹217.67
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.
As of October 11, 2024, GIC Housing Finance Ltd is Overvalued by 1.95% compared to the current share price ₹222.00
Intrinsic Value of GIC Housing Finance Ltd as of October 11, 2024 is: ₹286.35
Calculation basis:
Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.
This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.
As of October 11, 2024, GIC Housing Finance Ltd is Undervalued by 28.99% compared to the current share price ₹222.00
Last 5 Year EPS CAGR: 31.55%
*Investments are subject to market risks
Strength and Weakness
Unable to fetch valid data for stock valuation.
Stock Analysis
Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in GIC Housing Finance Ltd:
Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
ROE%: 8.27% (Industry Average ROE: 11.77%)
ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
Stock P/E: 7.56 (Industry average Stock P/E: 10.83)
Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
Total Debt / Equity: 4.68
Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions. Stock Rating:
About the Company - Qualitative Analysis
GIC Housing Finance Ltd. is a Public Limited Listed company incorporated on 12/12/1989 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65922MH1989PLC054583 and registration number is 054583. Currently Company is involved in the business activities of Activities of specialized institutions granting credit for house purchases that also take deposits. Company’s Total Operating Revenue is Rs. 1149.78 Cr. and Equity Capital is Rs. 53.88 Cr. for the Year ended 31/03/2022.
INDUSTRY
ADDRESS
CONTACT
Finance - Housing
National Insurance Building, 6th Floor, Mumbai Maharashtra 400020
Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in GIC Housing Finance Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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