Last Updated on Aug 10, 2023 by Harshit Singh
Home financing stocks have been in the headlines for a while now! Given the good performance by the housing finance companies in India, which is expected to grow at a CAGR of 20.58% during the FY 2022-2027 period, the stocks of these companies have witnessed an upward trend with heavy trade volume recorded in the last month. To keep you in the loop of emerging stocks in the Indian stock market, here are the best housing finance stocks in India –
Table of Contents
Best housing finance companies stocks in NSE
Stock name | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio | Net Profit Margin (%) | ROCE (%) | 5Y Avg Return on Investment (%) | 1M Return (%) |
Aavas Financiers Ltd | 12,558.41 | 1,587.95 | 29.23 | 26.68 | 4.15 | 3.28 | 1.54 |
Home First Finance Company India Ltd | 7,409.24 | 840.45 | 32.46 | 28.69 | 4.45 | 2.72 | 7.27 |
Indiabulls Housing Finance Ltd | 7,289.70 | 162.50 | 6.45 | 12.94 | 2.23 | 2.34 | 24.62 |
Sahara Housingfina Corporation Ltd | 81.45 | 116.35 | 57.36 | 12.68 | 1.93 | 1.84 | 141.14 |
PNB Housing Finance Ltd | 16,582.25 | 638.90 | 15.85 | 16.02 | 2.11 | 1.33 | 9.56 |
LIC Housing Finance Ltd | 23,787.47 | 432.45 | 8.23 | 12.75 | 1.50 | 1.13 | 10.93 |
Note: The data is from 9th August 2023. To get this list of house financing companies in India on the Tickertape Stock Screener, apply the below-mentioned filters.
- Sector > Home financing
- Net Profit Margin: Set Mid to High
- 1M return: Set Mid to High
- Return on Capital Employed (ROCE): Positive (Set the lower limit to zero)
- 5Y Avg ROI: Positive (Set the lower limit to zero) – Sorted from highest to lowest
Note that these stocks are in no order of preference. Please note that these stock selection criteria and the stocks are provided for informational purposes only; it is essential to conduct your own research.
About the best housing finance stocks in India
Aavas Financiers Ltd
Aavas Financiers is a small-cap housing finance company that provides home loans to customers belonging to low and middle-income segments in semi-urban and rural areas. Here’s a sneak peek into the company’s performance.
- The expected return of 11.87% from the current price level is more than last 3 yr CAGR of 1.12%
- In the previous 3 months, the mutual fund holding of the company has increased by 3.86%
- In the previous month, the stock price increased by 1.15%
Click here to learn more about the company’s financials, holdings, etc.
Home First Finance Company India Ltd
This small-cap housing finance company provides loans to customers from low and middle-income groups. Here’s a sneak peek into the company’s performance.
- The foreign institutional holding of the company has increased by 1.86% in the last 3 months.
- The mutual fund holding of the company has increased by 2.15% in the last 3 months.
- The company announced the final cash dividend of Rs. 2.60 on 19th May 2023.
- In the recent quarter report, the superior growth trend of the company is likely to continue. This is why 94% of analysts have suggested a strong buy recommendation for this stock.
Click here to learn more about the company’s financials, holdings, etc.
Indiabulls Housing Finance Ltd
Indiabulls Housing Finance Limited is a small-cap housing finance company. The company has a market cap of Rs. 7,289.70 cr. and is in the Nifty 500. Here’s a sneak peek into the company’s performance.
- In the last 3 months, the mutual fund holding of the company has increased by 3.07%
- Via insiders & bulk deals, the net buying transactions were witnessed for the last 3 months.
- On the Tickertape Scorecard, the stock ranks higher in profitability, 7.4 out of 10, showing good signs of profitability and efficiency.
Click here to learn more about the company’s financials, holdings, etc.
To conclude
As the demand for housing is expected to increase, housing finance companies will be crucial in offering housing finance support in the coming years. With the housing sector being among the emerging sectors in the economy, keeping a close look at the stocks of these companies with Tickertape Stock Screener can help you analyse the stocks faster. With over 200 filters, you can screen a stock’s profitability, performance, entry and exit points, valuation, and growth.
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