Reliance Home Finance Limited engages in the housing finance business in India.
Fair value with worrying balance sheet.
Share Price & News
How has Reliance Home Finance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 540709's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 540709 underperformed the Indian Mortgage industry which returned -23.7% over the past year.
Return vs Market: 540709 underperformed the Indian Market which returned 1.6% over the past year.
Price Volatility Vs. Market
How volatile is Reliance Home Finance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Reliance Home Finance undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 540709 (₹2.07) is trading below our estimate of fair value (₹3.91)
Significantly Below Fair Value: 540709 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 540709 is unprofitable, so we can't compare its PE Ratio to the IN Mortgage industry average.
PE vs Market: 540709 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 540709's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 540709 is good value based on its PB Ratio (0.1x) compared to the IN Mortgage industry average (0.5x).
How is Reliance Home Finance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Reliance Home Finance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Reliance Home Finance is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Reliance Home Finance competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Banks industry.
How has Reliance Home Finance performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 540709 is currently unprofitable.
Growing Profit Margin: 540709 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 540709 is unprofitable, and losses have increased over the past 5 years at a rate of 43.2% per year.
Accelerating Growth: Unable to compare 540709's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 540709 is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (-1.8%).
Return on Equity
High ROE: 540709 has a negative Return on Equity (-39.9%), as it is currently unprofitable.
How is Reliance Home Finance's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: 540709's Assets to Equity ratio (10.7x) is moderate.
Allowance for Bad Loans: Insufficient data to determine if 540709 has a sufficient allowance for bad loans.
Low Risk Liabilities: 540709 reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if 540709 has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: 540709 reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if 540709 has an appropriate level of bad loans.
What is Reliance Home Finance current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 540709's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 540709's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 540709's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 540709's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 540709 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 540709's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ravindra Sudhalkar (52 yo)
Mr. Ravindra Sudhalkar has been Chief Executive Officer of Reliance Home Finance Limited (RHFL) since October 1, 2016 and had been its Executive Director until January 24, 2020. Mr. Sudhalkar serves as Chi ...
CEO Compensation Analysis
Compensation vs Market: Ravindra's total compensation ($USD618.37K) is above average for companies of similar size in the Indian market ($USD49.43K).
Compensation vs Earnings: Ravindra's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||3.83yrs||₹46.51m||no data|
|Company Secretary & Compliance Officer||3.67yrs||₹4.90m||no data|
|Chief Financial Officer||0.25yr||no data||no data|
|Chief Technology Officer||no data||no data||no data|
|National Manager of Administration & Infrastructure||no data||no data||no data|
|Head of Legal||no data||no data||no data|
|Chief Human Resources Officer||no data||no data||no data|
|Business Head of Loans Against Property||3.5yrs||no data||no data|
|Head of Business Excellence||3.5yrs||no data||no data|
|Head of Collections||3.5yrs||no data||no data|
|Head of Credit & Risk||no data||no data||no data|
|Business Head of Mortgage-Construction Finance||no data||no data||no data|
Experienced Management: 540709's management team is considered experienced (3.5 years average tenure).
|Independent Director||0.58yr||₹40.00k||no data|
|Independent Director||1.25yrs||₹640.00k||no data|
|Independent Director||1.33yrs||₹760.00k||no data|
|Independent Director||0.58yr||₹80.00k||no data|
|Independent Director||1.25yrs||₹560.00k||no data|
|Non-Executive Director||0.17yr||no data||no data|
Experienced Board: 540709's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Reliance Home Finance Limited's company bio, employee growth, exchange listings and data sources
- Name: Reliance Home Finance Limited
- Ticker: 540709
- Exchange: BSE
- Founded: 2008
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: ₹960.416m
- Shares outstanding: 485.06m
- Website: https://www.reliancehomefinance.com
Number of Employees
- Reliance Home Finance Limited
- Reliance Centre
- 6th Floor, South Wing
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|540709||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Sep 2017|
|RHFL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Sep 2017|
Reliance Home Finance Limited engages in the housing finance business in India. The company offers a range of loans, such as home loans, affordable housing loans, loans against properties, and construction ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/04 12:37|
|End of Day Share Price||2020/08/04 00:00|
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.