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Indian (NIFTY) Mortgage Finance Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies15
  • 7D-5.8%
  • 3M1.0%
  • 1Y24.3%
  • YTD9.3%

Over the last 7 days, the Mortgage Finance industry has dropped 5.8%, driven by a decline by Housing Development Finance of 6.2%. Meanwhile, Indiabulls Housing Finance actually outperformed within the industry, gaining 14% in the last week. This takes the industry's 12 month performance to a gain of 24%.

Industry Valuation and Performance

Has the Indian Mortgage Finance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sun, 28 Nov 2021₹6.0t₹1.3t₹268.5b16.8x
Tue, 26 Oct 2021₹6.3t₹1.3t₹261.1b22.3x
Thu, 23 Sep 2021₹6.0t₹1.3t₹266.6b21.5x
Sat, 21 Aug 2021₹5.7t₹1.3t₹263.9b16x
Sat, 05 Jun 2021₹5.4t₹1.2t₹253.3b12.5x
Tue, 09 Mar 2021₹5.4t₹1.0t₹233.7b14.3x
Mon, 30 Nov 2020₹4.6t₹869.3b₹218.2b15.3x
Thu, 03 Sep 2020₹3.8t₹848.4b₹278.5b13.1x
Sun, 07 Jun 2020₹3.5t₹800.8b₹283.1b9.8x
Sat, 29 Feb 2020₹4.6t₹951.4b₹303.4b15.5x
Tue, 03 Dec 2019₹4.9t₹945.1b₹301.1b13.7x
Fri, 06 Sep 2019₹4.5t₹813.3b₹232.7b10.1x
Mon, 10 Jun 2019₹4.7t₹804.9b₹234.8b15.5x
Sun, 03 Mar 2019₹4.1t₹866.9b₹196.4b14x
Wed, 05 Dec 2018₹4.4t₹803.5b₹233.3b14.8x
PE Ratio

14.8x

Total Market Cap: ₹4.4tTotal Earnings: ₹233.3bTotal Revenue: ₹803.5b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.2x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Mortgage industry have grown 4.8% per year over the last three years, and revenues for these companies have grown 18% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Mortgage Finance industry?

Thrifts and Mortgage Finance-5.77%

Industry PE: Investors are most optimistic about the Thrifts and Mortgage Finance industry which is trading above its 3-year average PE ratio of 14.2x. However analysts expect its future annual earnings growth (19%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today.

Forecasted Growth: Analysts are most optimistic on the Thrifts and Mortgage Finance industry, expecting annual earnings growth of 19% over the next 5 years. This is roughly in line with its past earnings growth rate.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
535789 Indiabulls Housing Finance14.0%+₹13.5b31.7%PB0.7x
540173 PNB Housing Finance9.1%+₹7.0b31.9%PB0.9x
543259 Home First Finance Company India4.5%+₹3.1bn/aPB4.8x
540709 Reliance Home Finance11.7%+₹208.6m100.5%PE-0.1x
530979 India Home Loan7.8%+₹40.0m-8.6%PB1.4x
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