Indiabulls Housing Finance
Market Cap
₹138.0b
Last Updated
2020/01/26 13:12 UTC
Data Sources
Company Financials +
Executive Summary
Indiabulls Housing Finance Limited, together with its subsidiaries, operates as a housing finance company.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -4.6% per year for the next 3 years
Snowflake Analysis
Average dividend payer and fair value.
Similar Companies
Share Price & News
How has Indiabulls Housing Finance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 535789's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.9%
535789
0.7%
IN Mortgage
-0.3%
IN Market
1 Year Return
-56.7%
535789
13.2%
IN Mortgage
9.9%
IN Market
Return vs Industry: 535789 underperformed the Indian Mortgage industry which returned 12.1% over the past year.
Return vs Market: 535789 underperformed the Indian Market which returned 6.7% over the past year.
Shareholder returns
| 535789 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.9% | 0.7% | -0.3% |
| 30 Day | 7.3% | 3.6% | 3.5% |
| 90 Day | 70.6% | 17.2% | 5.9% |
| 1 Year | -53.1%-56.7% | 14.9%13.2% | 11.9%9.9% |
| 3 Year | -50.1%-57.1% | 54.2%47.9% | 30.2%23.3% |
| 5 Year | -30.2%-45.1% | 87.4%74.7% | 37.1%24.8% |
Price Volatility Vs. Market
How volatile is Indiabulls Housing Finance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
What Should Investors Know About The Future Of Indiabulls Housing Finance Limited's (BOM:535789)?Valuation
Is Indiabulls Housing Finance undervalued compared to its fair value and its price relative to the market?
3.94x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 535789 (₹311.5) is trading above our estimate of fair value (₹227.71)
Significantly Below Fair Value: 535789 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 535789 is good value based on its PE Ratio (3.8x) compared to the Mortgage industry average (14.4x).
PE vs Market: 535789 is good value based on its PE Ratio (3.8x) compared to the Indian market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: 535789's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 535789 is good value based on its PB Ratio (0.8x) compared to the IN Mortgage industry average (1.2x).
Next Steps
Future Growth
How is Indiabulls Housing Finance forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
-4.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 535789's earnings are forecast to decline over the next 3 years (-4.6% per year).
Earnings vs Market: 535789's earnings are forecast to decline over the next 3 years (-4.6% per year).
High Growth Earnings: 535789's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 535789's revenue (4.8% per year) is forecast to grow slower than the Indian market (11.3% per year).
High Growth Revenue: 535789's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 535789's Return on Equity is forecast to be low in 3 years time (13.9%).
Next Steps
Past Performance
How has Indiabulls Housing Finance performed over the past 5 years?
17.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 535789 has high quality earnings.
Growing Profit Margin: 535789's current net profit margins (57.9%) are higher than last year (54.7%).
Past Earnings Growth Analysis
Earnings Trend: 535789's earnings have grown by 17.9% per year over the past 5 years.
Accelerating Growth: 535789's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 535789 had negative earnings growth (-18.1%) over the past year, making it difficult to compare to the Mortgage industry average (17.3%).
Return on Equity
High ROE: Whilst 535789's Return on Equity (20.64%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Indiabulls Housing Finance's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: 535789 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 535789's debt is covered by short term assets (assets are 1x debt).
Financial Institutions Analysis
Asset Level: 535789's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 535789 has a sufficient allowance for bad loans.
Low Risk Liabilities: 535789 reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 535789 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 535789 has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 535789 has an appropriate level of bad loans.
Next Steps
Dividend
What is Indiabulls Housing Finance's current dividend yield, its reliability and sustainability?
12.40%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 535789's dividend (12.84%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: 535789's dividend (12.84%) is in the top 25% of dividend payers in the Indian market (2.31%)
Stability and Growth of Payments
Stable Dividend: 535789 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 535789's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.4%), 535789's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 535789's dividends in 3 years are forecast to be well covered by earnings (40.7% payout ratio).
Next Steps
Management
What is the CEO of Indiabulls Housing Finance's salary, the management and board of directors tenure and is there insider trading?
3.6yrs
Average management tenure
CEO
Gagan Banga (44yo)
0yrs
Tenure
₹158,301,619
Compensation
Mr. Gagan Banga is the Vice Chairman, Managing Director & CEO of Indiabulls Housing Finance Limited (“Indiabulls”). Mr. Banga serves as Non Executive Director at Indiabulls Consumer Finance Limited since M ...
CEO Compensation Analysis
Compensation vs Market: Gagan's total compensation ($USD2.23M) is above average for companies of similar size in the Indian market ($USD641.04K).
Compensation vs Earnings: Gagan's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.6yrs
Average Tenure
44yo
Average Age
Experienced Management: 535789's management team is considered experienced (3.6 years average tenure).
Board Age and Tenure
5.3yrs
Average Tenure
60yo
Average Age
Experienced Board: 535789's board of directors are considered experienced (5.3 years average tenure).
Insider Trading
Insider Buying: 535789 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 7,000 |
| Max Price | ₹311.00 |
| Entity | Individual |
| Shares | 25,000 |
| Max Price | ₹313.57 |
| Entity | Individual |
| Shares | 6,875 |
| Max Price | ₹306.00 |
| Entity | Company |
| Shares | 8,400,000 |
| Max Price | ₹309.71 |
| Entity | Individual |
| Shares | 4,029 |
| Max Price | ₹343.12 |
| Entity | Individual |
| Shares | 8,000 |
| Max Price | ₹338.00 |
| Entity | Individual |
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| Entity | Individual |
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| Max Price | ₹264.53 |
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| Max Price | ₹430.00 |
| Entity | Individual |
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| Max Price | ₹423.01 |
| Entity | Individual |
| Shares | 3,300 |
| Max Price | ₹458.00 |
| Entity | Individual |
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| Max Price | ₹481.34 |
| Entity | Individual |
| Shares | 2,500 |
| Max Price | ₹475.00 |
| Entity | Individual |
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| Max Price | ₹477.56 |
| Entity | Individual |
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| Max Price | ₹490.53 |
| Entity | Individual |
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| Max Price | ₹445.03 |
| Entity | Individual |
| Shares | 6,000 |
| Max Price | ₹510.00 |
| Entity | Individual |
| Shares | 4,000 |
| Max Price | ₹537.56 |
| Entity | Individual |
| Role | Member of the Board of Directors COO & Executive Director |
| Shares | 12,500 |
| Max Price | ₹525.00 |
| Entity | Individual |
| Shares | 3,100 |
| Max Price | ₹542.78 |
| Entity | Individual |
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| Max Price | ₹509.00 |
| Entity | Individual |
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| Max Price | ₹540.00 |
| Entity | Individual |
| Shares | 6,400 |
| Max Price | ₹555.14 |
| Entity | Individual |
| Shares | 3,365 |
| Max Price | ₹551.66 |
| Entity | Individual |
| Role | Member of the Board of Directors COO & Executive Director |
| Shares | 57,500 |
| Max Price | ₹559.94 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | ₹576.94 |
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| Max Price | ₹582.00 |
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| Max Price | ₹560.39 |
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| Max Price | ₹555.87 |
| Entity | Individual |
| Shares | 2,500 |
| Max Price | ₹495.13 |
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| Max Price | ₹564.87 |
| Entity | Individual |
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| Max Price | ₹522.28 |
| Entity | Individual |
| Shares | 30,000 |
| Max Price | ₹520.00 |
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| Max Price | ₹557.69 |
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| Max Price | ₹510.00 |
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| Max Price | ₹600.00 |
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| Max Price | ₹610.47 |
| Entity | Individual |
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| Max Price | ₹612.00 |
| Entity | Individual |
| Shares | 4,000 |
| Max Price | ₹620.00 |
| Entity | Individual |
| Shares | 4,000 |
| Max Price | ₹612.57 |
| Entity | Individual |
| Shares | 4,501 |
| Max Price | ₹597.75 |
| Entity | Individual |
| Shares | 4,000 |
| Max Price | ₹621.56 |
| Entity | Individual |
| Shares | 4,210 |
| Max Price | ₹807.29 |
| Entity | Individual |
| Role | Member of the Board of Directors COO & Executive Director |
| Shares | 10,000 |
| Max Price | ₹619.29 |
| Entity | Individual |
| Shares | 5,500 |
| Max Price | ₹621.63 |
| Entity | Individual |
| Shares | 2,500 |
| Max Price | ₹619.76 |
| Entity | Individual |
| Shares | 1,950 |
| Max Price | ₹594.98 |
| Entity | Individual |
| Shares | 3,914 |
| Max Price | ₹785.56 |
| Entity | Individual |
| Role | Member of the Board of Directors Executive Director |
| Shares | 30,000 |
| Max Price | ₹642.43 |
| Entity | Individual |
| Shares | 12,999 |
| Max Price | ₹588.97 |
| Entity | Individual |
| Shares | 4,000 |
| Max Price | ₹597.25 |
| Entity | Individual |
| Shares | 18,200 |
| Max Price | ₹610.51 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹628.22 |
| Entity | Individual |
| Shares | 9,950 |
| Max Price | ₹662.45 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹710.41 |
| Entity | Individual |
| Shares | 2,375 |
| Max Price | ₹760.00 |
| Entity | Individual |
| Shares | 2,200 |
| Max Price | ₹808.84 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹801.00 |
| Entity | Individual |
| Role | Member of the Board of Directors COO & Executive Director |
| Shares | 17,000 |
| Max Price | ₹808.85 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | ₹801.16 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹792.97 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹810.00 |
| Entity | Individual |
| Shares | 4,400 |
| Max Price | ₹805.18 |
| Entity | Individual |
| Shares | 4,725 |
| Max Price | ₹803.56 |
| Entity | Individual |
| Shares | 7,000 |
| Max Price | ₹785.71 |
| Entity | Individual |
| Role | Chief Financial Officer Chief Financial Officer |
| Shares | 9,200 |
| Max Price | ₹775.90 |
| Entity | Individual |
| Shares | 4,000 |
| Max Price | ₹785.21 |
| Entity | Individual |
| Shares | 30,000 |
| Max Price | ₹785.54 |
| Entity | Individual |
| Shares | 2,190 |
| Max Price | ₹805.00 |
| Entity | Individual |
| Shares | 8,000 |
| Max Price | ₹785.06 |
| Entity | Individual |
| Shares | 7,500 |
| Max Price | ₹791.48 |
| Entity | Individual |
| Shares | 3,300 |
| Max Price | ₹795.49 |
| Entity | Individual |
| Shares | 2,750 |
| Max Price | ₹789.95 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | ₹591.25 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Sameer Gehlaut (44yo)
Founder & Executive Chairman
- Compensation: ₹250.21m
Gagan Banga (44yo)
Vice Chairman
- Compensation: ₹158.30m
Amit Jain (40yo)
Company Secretary & Compliance Officer
- Compensation: ₹4.47m
Ajit Mittal (60yo)
Executive Director
- Tenure: 8.4yrs
- Compensation: ₹36.66m
Sachin Chaudhary (45yo)
COO & Executive Director
- Tenure: 3.3yrs
- Compensation: ₹52.67m
Mukesh Garg (51yo)
Chief Financial Officer
- Tenure: 12yrs
- Compensation: ₹41.04m
Ashwini Kumar Hooda (43yo)
Deputy MD & Executive Director
- Tenure: 8.4yrs
- Compensation: ₹72.35m
Ramnath R. Shenoy
Head of Analytics & Investor Relations
- Tenure: 3.8yrs
Nafees Ahmed
Chief Information Officer & Group Head
- Tenure: 3.6yrs
Vineet Jaiswal
President of Legal
- Tenure: 3yrs
Board Members
Sameer Gehlaut (44yo)
Founder & Executive Chairman
- Compensation: ₹250.21m
Gagan Banga (44yo)
Vice Chairman
- Compensation: ₹158.30m
Prem Mirdha (63yo)
Independent Non-Executive Director
- Tenure: 5.3yrs
- Compensation: ₹500.00k
Shamsher Ahlawat (70yo)
Independent Non-Executive Director
- Tenure: 5.3yrs
- Compensation: ₹400.00k
Subhash Mundra (65yo)
Independent Director
- Tenure: 1.4yrs
- Compensation: ₹100.00k
Ajit Mittal (60yo)
Executive Director
- Tenure: 8.4yrs
- Compensation: ₹36.66m
Sachin Chaudhary (45yo)
COO & Executive Director
- Tenure: 3.3yrs
- Compensation: ₹52.67m
Ashwini Kumar Hooda (43yo)
Deputy MD & Executive Director
- Tenure: 8.4yrs
- Compensation: ₹72.35m
Gyan Misra (70yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: ₹400.00k
Satish Mathur
Independent Director
- Tenure: 0.8yrs
Company Information
Indiabulls Housing Finance Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Indiabulls Housing Finance Limited
- Ticker: 535789
- Exchange: BSE
- Founded: 2000
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: ₹137.978b
- Shares outstanding: 427.57m
- Website: https://www.indiabullshomeloans.com
Number of Employees
Location
- Indiabulls Housing Finance Limited
- Indiabulls House
- Phase - V
- Gurugram
- Haryana
- 122001
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 535789 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jul 2013 |
| IBULHSGFIN | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jul 2013 |
| 97081107 | BDL (Bourse de Luxembourg) | GDR EACH REPR 1 ORD INR2 REG S | LU | USD | Sep 2013 |
Biography
Indiabulls Housing Finance Limited, together with its subsidiaries, operates as a housing finance company. The company offers secured mortgage-backed housing loans to salaried and self-employed individuals; loans against property to self-employed individuals, proprietorships, and small businesses for working capital or business expansion needs; and residential construction finance and lease rental discounting loans to real estate developers. It also provides NRI home, home renovation and extension, and rural loans; and nsurance products The company operates approximately 220 branches in 110 towns and cities in India; and 2 representative offices in Dubai and London. Indiabulls Housing Finance Limited was founded in 2000 and is based in Gurugram, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/26 13:12 |
| End of Day Share Price | 2020/01/24 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.