| Sector |
Finance
|
Compare with Sector peers |
| Industry |
Finance - Housing
|
Compare with Industry peers |
| Website | http://www.gichfindia.com | |
| Financial Indicators | ||
|---|---|---|
| Market Cap | 930.28 Cr. | |
| Earnings per share (EPS) | 19.60 | Trailing Twelve Months Ending 2021-03 |
| Price-Earning Ratio (PE) | 8.81 | Trailing Twelve Months Ending 2021-03 |
| Industry PE | 57.64 | Trailing Twelve Months Ending 2021-03 |
| Book Value / Share | 252.14 | Trailing Twelve Months Ending 2021-03 |
| Price to Book Value | 0.69 | Calculated using Price: 172.75 |
| Dividend Yield | 2.32 | Period Ending 2020-03 |
| No. of Shares Subscribed | 5.39 Cr. | 53,851,066 Shares |
| FaceValue | 10 | |
| Company Profile | ||
|
GIC Housing Finance was incorporated as 'GIC Grih Vitta Limited' on December 12, 1989. The name was changed to its present name vide a fresh Certificate of Incorporation issued on November 16, 1993. The company offers loans on fixed and floating basis. Apart from this, it is having Flexi- Fixed, Step Up/ Step Down schemes and mortgage loans. The company was promoted by General Insurance Corporation of India and its erstwhile subsidiaries namely, National Insurance Company Limited, The New India Assurance Company Limited, The Oriental Insurance Company Limited and United India Insurance Company Limited together with UTI, ICICI, IFCI, HDFC and SBI, all of them contributing to the initial share capital. The company was formed with the objective of entering in the field of direct lending to individuals and other corporates to accelerate the housing activities in India. The primary business of GICHFL is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes. The company carried a vision for the future of housing in India. And it is always believed at GICHFL that its success and growth depends on its principles which are ;
Housing being the one of the essential needs of mankind, the demand for shelter grows in line with the increase in population and the standard of living, hence the need of financing the purchasing of a House came up. The importance of the housing sector can be judged by the fact that they consider house as the best investment and want to invest their hard earned money or saving in a house. The need for finance to purchase a house brought out specialized housing finance institutions. Housing finance companies (HFCs) as they are called today, have stepped up their lending over the years contributing to the growth of the housing sector. Their strength lies in their skills in lending exclusively for housing sector. Such is the background of GIC Housing Finance Ltd (GICHFL). GICHFL has presence in 27 locations (24 Business Centers & 3 Collection centers) across the country for business. It has got a strong marketing team, which is further assisted by Sales Associates (SAs). It has tie-ups with builders to provide finance to individual borrowers. It also has tie-ups with corporates for various housing finance needs. Milestones achieved:
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Company Profile
GIC Housing Finance was incorporated as 'GIC Grih Vitta Limited' on December 12, 1989. The name was changed to its present name vide a fresh Certificate of Incorporation issued on November 16, 1993.
The company offers loans on fixed and floating basis. Apart from this, it is having Flexi- Fixed, Step Up/ Step Down schemes and mortgage loans.
The company was promoted by General Insurance Corporation of India and its erstwhile subsidiaries namely, National Insurance Company Limited, The New India Assurance Company Limited, The Oriental Insurance Company Limited and United India Insurance Company Limited together with UTI, ICICI, IFCI, HDFC and SBI, all of them contributing to the initial share capital.
The company was formed with the objective of entering in the field of direct lending to individuals and other corporates to accelerate the housing activities in India. The primary business of GICHFL is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.
The company carried a vision for the future of housing in India. And it is always believed at GICHFL that its success and growth depends on its principles which are ;
Housing being the one of the essential needs of mankind, the demand for shelter grows in line with the increase in population and the standard of living, hence the need of financing the purchasing of a House came up. The importance of the housing sector can be judged by the fact that they consider house as the best investment and want to invest their hard earned money or saving in a house. The need for finance to purchase a house brought out specialized housing finance institutions. Housing finance companies (HFCs) as they are called today, have stepped up their lending over the years contributing to the growth of the housing sector. Their strength lies in their skills in lending exclusively for housing sector. Such is the background of GIC Housing Finance Ltd (GICHFL).
GICHFL has presence in 27 locations (24 Business Centers & 3 Collection centers) across the country for business. It has got a strong marketing team, which is further assisted by Sales Associates (SAs). It has tie-ups with builders to provide finance to individual borrowers. It also has tie-ups with corporates for various housing finance needs.
Milestones achieved:
| 1 Day |
|
-1.57% |
| 1 Week |
|
-0.66% |
| 1 Month |
|
-4.82% |
| 3 Month |
|
+52.61% |
| 6 Month |
|
+44.86% |
| 1 Year |
|
+92.91% |
| 2 Year |
|
-28.01% |
| 5 Year |
|
-42.35% |
| 9 years | 2012-03 | 2013-03 | 2014-03 | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | |
| Return on Equity (%) | 12.26 | 16.23 | 16.80 | 16.20 | 17.89 | 18.82 | 21.02 | 14.48 | 3.62 | |
| Return on Capital Employed (%) | 10.21 | 11.29 | 11.29 | 11.31 | 11.16 | 10.65 | 9.78 | 9.27 | 8.16 | |
| Return on Assets (%) | 1.49 | 1.90 | 1.92 | 1.70 | 1.69 | 1.70 | 1.97 | 1.41 | 0.35 |
| Particulars | 9 years | 2012-03 Rs. Cr. | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Shh. Funds | 497 | 551 | 610 | 660 | 732 | 838 | 1,118 | 1,254 | 1,263 | |
| Non Curr. Liab. | 2,925 | 3,114 | 3,759 | 4,523 | 5,717 | 6,766 | 9,437 | 10,304 | 10,916 | |
| Curr. Liab. | 818 | 1,035 | 1,089 | 1,500 | 1,561 | 1,800 | 932 | 1,291 | 823 | |
| Minority Int. | ||||||||||
| Equity & Liab. | 4,241 | 4,700 | 5,458 | 6,683 | 8,010 | 9,404 | 11,487 | 12,849 | 13,002 | |
| Non Curr. Assets | 3,709 | 4,355 | 5,098 | 6,329 | 7,600 | 8,934 | 11,423 | 12,792 | 12,881 | |
| Curr. Assets | 532 | 345 | 360 | 354 | 410 | 470 | 63 | 57 | 121 | |
| Misc. Exp. not W/O | ||||||||||
| Total Assets | 4,241 | 4,700 | 5,458 | 6,683 | 8,010 | 9,404 | 11,487 | 12,849 | 13,002 |
| Particulars | 9 years | 2012-03 Rs. Cr. | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Net Sales | 436 | 552 | 624 | 731 | 874 | 1,000 | 1,110 | 1,225 | 1,247 | |
| Other Income | 3 | 2 | 1 | 2 | 2 | 2 | 2 | 3 | 7 | |
| Total Income | 439 | 554 | 625 | 733 | 876 | 1,002 | 1,112 | 1,228 | 1,255 | |
| Total Expenditure | -48 | -66 | -70 | -67 | -84 | -106 | -124 | -114 | -191 | |
| PBIDT | 391 | 488 | 555 | 666 | 793 | 896 | 988 | 1,113 | 1,064 | |
| Interest | -311 | -373 | -419 | -509 | -601 | -668 | -713 | -866 | -946 | |
| Depreciation | -1 | -2 | -2 | -4 | -1 | -1 | -1 | -1 | -6 | |
| Taxation | -20 | -28 | -36 | -51 | -67 | -79 | -69 | -75 | -67 | |
| Exceptional Items | ||||||||||
| PAT | 59 | 85 | 98 | 103 | 125 | 148 | 206 | 172 | 46 |
| Particulars | 9 years | 2012-03 Rs. Cr. | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Cash Fr. Operatn. | -372 | -262 | -662 | -1,103 | -1,167 | -1,178 | -1,721 | -1,645 | 22 | |
| Cash Fr. Inv. | -69 | 0 | 0 | 1 | 2 | -16 | 2 | 1 | -11 | |
| Cash Fr. Finan. | 477 | 205 | 647 | 1,105 | 1,174 | 1,203 | 1,715 | 1,639 | 51 | |
| Net Change | 36 | -57 | -14 | 3 | 9 | 10 | -5 | -5 | 62 | |
| Cash & Cash Eqvt | 109 | 52 | 38 | 41 | 50 | 60 | 54 | 49 | 111 |
|
Fri, 30 Jul 2021
Board Meeting Intimation for Notice Of Board Meeting GIC HOUSING FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2021 inter alia to consider and approve Dear Sir Madam Pursuant to Regulation 29 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform that the meeting of the Board of Directors of our Company is scheduled to be held on Wednesday 11th August 2021 through Video Conferencing due to COVID-19 pandemic inter alia to approve and take on record the un-audited Standalone and Consolidated Financial Results of the company for the first quarter ended on 30th June 2021 subject to limited review by the Statutory Auditor of the company and to consider other business related matters if any. The Financial Results along with the limited review report of the Statutory Auditor will be submitted to you in terms of SEBI Listing Regulations. This is for your information and record purpose. Thanking you Yours faithfully Sd/- Nutan Singh Group Executive & Company Secretary |
|
Tue, 27 Jul 2021
Disclosure Under Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015. Disclosure under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. |
|
Fri, 16 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome Analyst Conference Call - Outcome |
| Fri, 30 Jul 2021 |
Stock Outperforming Benchmark Index in both 1 Week and 3 Month
|
Stock Outperforming Sectoral Index in both 1 Week and 3 Month
|
Strongly Outperforming Benchmark Index
|
Decreasing Relative Strength - Benchmark index
|
Strongly Outperforming Sectoral Index
|
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