BSE:523465

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Executive Summary

Ind Bank Housing Limited provides housing finance in India.


Snowflake Analysis

Good value with proven track record.


Similar Companies

Share Price & News

How has Ind Bank Housing's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 523465's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.3%

523465

1.5%

IN Consumer Finance

1.3%

IN Market


1 Year Return

-26.1%

523465

-18.5%

IN Consumer Finance

-8.7%

IN Market

Return vs Industry: 523465 underperformed the Indian Consumer Finance industry which returned -18.5% over the past year.

Return vs Market: 523465 underperformed the Indian Market which returned -8.7% over the past year.


Shareholder returns

523465IndustryMarket
7 Day-0.3%1.5%1.3%
30 Day-3.1%18.3%5.1%
90 Day54.5%33.9%30.2%
1 Year-26.1%-26.1%-17.9%-18.5%-7.0%-8.7%
3 Year-5.3%-5.3%34.6%31.8%1.7%-3.0%
5 Year196.2%196.2%143.7%133.8%27.6%17.9%

Price Volatility Vs. Market

How volatile is Ind Bank Housing's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ind Bank Housing undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 523465 (₹23.1) is trading below our estimate of fair value (₹60.81)

Significantly Below Fair Value: 523465 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 523465 is good value based on its PE Ratio (8.4x) compared to the Consumer Finance industry average (11.9x).

PE vs Market: 523465 is good value based on its PE Ratio (8.4x) compared to the Indian market (12.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 523465's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 523465 has negative assets, so we can't compare its PB Ratio to the IN Consumer Finance industry average.


Next Steps

Future Growth

How is Ind Bank Housing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.9%

Forecasted Diversified Financials 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 Ind Bank Housing 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.


Next Steps

Past Performance

How has Ind Bank Housing performed over the past 5 years?

54.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 523465 has a high level of non-cash earnings.

Growing Profit Margin: 523465's current net profit margins (38%) are higher than last year (20.5%).


Past Earnings Growth Analysis

Earnings Trend: 523465 has become profitable over the past 5 years, growing earnings by 54.9% per year.

Accelerating Growth: 523465's earnings growth over the past year (1970.1%) exceeds its 5-year average (54.9% per year).

Earnings vs Industry: 523465 earnings growth over the past year (1970.1%) exceeded the Consumer Finance industry 4.4%.


Return on Equity

High ROE: 523465's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Ind Bank Housing's financial position?


Financial Position Analysis

Short Term Liabilities: 523465 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 523465 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 523465 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 523465's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: 523465's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 523465's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Ind Bank Housing current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 523465's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 523465'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 523465's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 523465's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 523465's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average board tenure


CEO

Ind Bank Housing has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Tirupathur Chandrasekaran
Independent Director5.83yrs₹58.00kno data
M. Natarajan
Non-Executive Independent Director10.25yrs₹60.00kno data
Ramachandran Krishnaswamy
Additional Director0.083yrno datano data
Rakesh Sethi
Independent Director3.5yrs₹34.00kno data
S. Thangaraju
Director2.92yrsno datano data
S. Rajeshwari
Additional Independent Woman Director2.67yrs₹50.00kno data

3.2yrs

Average Tenure

67yo

Average Age

Experienced Board: 523465's board of directors are considered experienced (3.2 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ind Bank Housing Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ind Bank Housing Limited
  • Ticker: 523465
  • Exchange: BSE
  • Founded: 1991
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹235.500m
  • Shares outstanding: 10.00m
  • Website: https://www.indbankhousing.com

Number of Employees


Location

  • Ind Bank Housing Limited
  • Khivraj Complex - I
  • III Floor
  • Chennai
  • Tamil Nadu
  • 600035
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
523465BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005

Biography

Ind Bank Housing Limited provides housing finance in India. The company was founded in 1991 and is based in Chennai, India. Ind Bank Housing Limited operates as a subsidiary of Indian Bank. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 12:45
End of Day Share Price2020/07/06 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.