Can Fin Homes Ltd
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OVERVIEW
FINANCIALS
NEWS
About
Can Fin Homes is a housing finance company established in 1987 under the sponsorship of Canara Bank. It specializes in providing home loans, especially to first-time homebuyers, salaried individuals, and middle-income groups. With a strong presence in South India, the company has been instrumental in supporting the government’s affordable housing initiatives. Can Fin Homes is known for its customer-friendly loan products and quick processing times, making it a preferred choice for housing finance. The company has been expanding its digital lending platform, simplifying mortgage processes for consumers while maintaining its strong financial position in the housing finance sector.
Incorporation Year: 1987
Headquarters: Bengaluru, Karnataka, India
Top Management: Canara Bank
Industry: BFSI
Website: canfinhomes.com
Featured In Fortune India Ranking
Fortune 500 India
#494(2021)
#494(2021)
Next 500 India
#106(2024)
#106(2024)
Financial Data 2024
Revenue
3,525
(INR Cr)
Net Operating Income
3,523
(INR Cr)
Assets
36,207
(INR Cr)
Profit
751
(INR Cr)
Net Worth
4,344
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3525 28.5% | 2743 38.0% | 1989 -1.5% | 2018 -0.6% | 2030 17.3% | 1731 13.8% | 1522 12.5% | 1353 24.9% | 1084 32.6% | 817 41.4% | 578 47.2% | 393 35.2% | 291 25.6% | 231 6.5% | 217 -2.5% | 223 - |
| Net Operating Income (INR Cr) | 3523 28.50% | 2742 37.94% | 1988 -1.50% | 2018 -0.60% | 2030 17.57% | 1727 13.75% | 1518 12.20% | 1353 24.95% | 1083 32.66% | 816 41.29% | 578 47.20% | 392 37.14% | 286 23.77% | 231 8.19% | 214 -4.12% | 223 0.65% |
| Profit (INR Cr) | 751 20.8% | 621 31.9% | 471 3.3% | 456 21.3% | 376 26.8% | 297 3.7% | 286 21.7% | 235 49.7% | 157 82.2% | 86 13.9% | 76 39.9% | 54 23.7% | 44 4.2% | 42 7.2% | 39 24.3% | 32 - |
| Assets (INR Cr) | 36207 10.7% | 32715 18.1% | 27714 26.5% | 21903 4.8% | 20899 12.0% | 18662 20.8% | 15448 18.3% | 13058 25.7% | 10392 26.7% | 8200 42.3% | 5762 45.4% | 3963 48.9% | 2662 19.5% | 2229 4.1% | 2140 12.9% | 1896 - |
| Net Worth (INR Cr) | 4344 19.1% | 3647 18.9% | 3067 17.5% | 2610 21.4% | 2150 20.6% | 1782 19.9% | 1487 38.1% | 1077 22.6% | 879 13.8% | 772 70.7% | 452 15.3% | 392 12.8% | 348 11.8% | 311 13.1% | 275 11.5% | 247 12.2% |
| Employee Cost (INR Cr) | 97 15.7% | 84 9.0% | 77 9.8% | 70 23.7% | 57 36.6% | 41 -7.6% | 45 13.9% | 39 19.1% | 33 33.6% | 25 38.3% | 18 13.8% | 16 44.8% | 11 0.4% | 11 32.0% | 8 24.6% | 7 - |
| Interest Cost (INR Cr) | 2232 | 1702 | 1155 | 1209 | 1345 | 1170 | 981 | 884 | 744 | 611 | 423 | 283 | 196 | 154 | 145 | 167 |
| Cash & Bank Balance (INR Cr) | 457 | 308 | 324 | 22 | 392 | 420 | 19 | 12 | 17 | 8 | 9 | 9 | 16 | 34 | 57 | 39 |
| Total Debt (INR Cr) | 31863 | 29068 | 24648 | 19293 | 18748 | 16880 | 13921 | 11872 | 9444 | 7375 | 5269 | 3539 | 2300 | 1904 | 1865 | 1650 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 21.3% | 22.7% | 23.7% | 22.6% | 18.5% | 17.1% | 18.8% | 17.4% | 14.5% | 10.6% | 13.1% | 13.8% | 15.1% | 18.2% | 18.0% | 14.1% |
| Profit As % Of Assets | 2.1% | 1.9% | 1.7% | 2.1% | 1.8% | 1.6% | 1.9% | 1.8% | 1.5% | 1.1% | 1.3% | 1.4% | 1.6% | 1.9% | 1.8% | 1.7% |
| Profit As % Of Networth | 17.3% | 17.0% | 15.4% | 17.5% | 17.5% | 16.7% | 19.3% | 21.9% | 17.9% | 11.2% | 16.7% | 13.8% | 12.6% | 13.5% | 14.3% | 12.8% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 18.8% | 18.5% | 16.6% | 19.2% | 19.1% | 18.2% | 22.3% | 24.1% | 19.0% | 14.1% | 17.9% | 14.6% | 13.3% | 14.3% | 15.0% | 13.5% |
| ROCE | 9.3% | 8.4% | 7.2% | 8.5% | 9.4% | 9.6% | 9.9% | 10.7% | 10.7% | 10.7% | 10.9% | 10.8% | 10.5% | 9.7% | 9.9% | 11.1% |