Star Housing Finance Ltd.
Snapshot View

117.55 +1.95 ▲1.7%

20 May 2022, 04:01:00 PM
Volume: 52,741

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - Housing Compare with Industry peers
Website http://www.starhfl.com
Market Cap 196.17 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 1.44 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 82.35 Trailing Twelve Months Ending 2022-03
Industry PE 19.68 Trailing Twelve Months Ending 2022-03
Book Value / Share 38.32 Trailing Twelve Months Ending 2022-03
Price to Book Value 3.09 Calculated using Price: 118.30
Dividend Yield 0.13 Period Ending 2021-03
No. of Shares Subscribed 1.66 Cr. 16,582,229 Shares
FaceValue 10
Company Profile

Akme Star Housing Finance was originally incorporated with the name of “Akme Buildhome Private Limited” to tap the potential growth in the housing finance industry of the Country on March 17, 2005. The Name of the Company was changed to “Akme Star Housing Finance Private limited” on October 23, 2009. Further on the suggestion of NHB it has been further changed to “Akme Star Housing Finance Limited” on November 13, 2009. License from the NHB was also amended and the renewed license no. 12.0080.09 in the name of “Akme Star Housing Finance Limited” was issued on December 24, 2009.

As a value driven corporate the company focuses on direct customer contact, transparency, quality customer servicing and speed of operations. The company is a well-recognized brand in Udaipur and surrounding region and intends to extend its presence and business activities through deepening its reach in existing regions and expanding to new regions that are untapped and underserved. The company understands the customer requirements of these dynamic markets and continues to evolve processes and products that cater to the needs of the target segment it serve. Housing Finance Sector’s asset quality performance has been better than banks in past several years. Sectoral focus, robust systems and process has contributed to healthy portfolio quality. According to the technical analysis the housing shortage in urban India was estimated at 18.78 million units in 2012. 95 percent of the shortage of housing is in the EWS/LIG segments. The need for low cost, safe and affordable housing to achieve inclusive growth cannot be overemphasized.

Business area of the company

The company has an aim to provide home loans finance to weaker sections of the society, group housing societies and NGOs engaged in the welfare of the weaker section. The company is consciously targeting markets that are relatively underpenetrated. The company sustained growth in the Indian economy will result in urbanization and significant development in the housing sector of the Country. The company is a professionally managed housing finance company having it’s headquarter at Udaipur, Rajasthan. It is registered as a housing finance company with the National Housing Bank (NHB), the housing finance regulator of India.

Company offerings

The company offers a variety of home loan products which are designed to cater the dynamic needs of rural and micro-rural borrowers. Its commitment to offer the home loans comprise of products like ‘Loan to purchase new housing units’, ‘ Loan to construct new units’, ‘Loan to purchase plot and construction of units thereon’, ‘Extension & Renovation Loan’ etc.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.69%
1 Week
+0.13%
1 Month
+22.77%
3 Month
+20.19%
6 Month
+28.89%
1 Year
+33.88%
2 Year
+138.44%
5 Year
+74.54%
10 Year
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 5.68 5.05 5.23 7.24 8.16 14.28 15.75 12.38 2.96
Return on Capital Employed (%) 9.60 9.43 8.68 11.08 12.15 14.78 16.84 13.69 6.95
Return on Assets (%) 4.03 3.73 4.24 6.33 6.53 7.31 6.47 6.18 1.45

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 4 10 15 17 18 23 31 52 54 64
Non Curr. Liab. 0 0 0 0 4 20 40 38 64 89
Curr. Liab. 2 3 3 1 3 12 2 0 7 0
Minority Int.
Equity & Liab. 7 13 18 18 25 54 73 91 124 153
Non Curr. Assets 1 3 4 6 7 42 68 88 99 112
Curr. Assets 6 10 15 12 18 12 4 3 25 41
Misc. Exp. not W/O
Total Assets 7 13 18 18 25 54 73 91 124 153

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 1 1 2 3 3 7 12 16 16 19
Other Income 0 0 0 0 0 0 0 0 0 1
Total Income 1 1 2 3 3 7 12 16 16 19
Total Expenditure 0 0 -1 -1 -1 -1 -1 -5 -8 -10
PBIDT 0 1 1 2 3 6 11 11 7 10
Interest 0 0 0 0 0 -2 -5 -5 -5 -6
Depreciation 0 0 0 0 0 0 0 0 0 0
Taxation 0 0 0 -1 -1 -1 -2 -1 -1 -1
Exceptional Items
PAT 0 0 1 1 1 3 4 5 2 2
Adjusted EPS 0 0 1 1 1 2 3 3 1 1

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 0 -3 -5 -1 -2 -3 -22 -14 -11 -9
Cash Fr. Inv. 0 -1 0 0 0 0 0 0 0 -4
Cash Fr. Finan. 0 3 6 5 -1 5 21 16 9 32
Net Change 0 0 1 3 -4 2 -1 2 -2 19
Cash & Cash Eqvt 0 0 1 4 0 2 1 3 1 20

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 42.03 42.03 42.03 44.36 40.34 40.90 40.90 41.21 37.38
Public 57.97 57.97 57.97 55.64 59.66 59.10 59.10 58.79 62.62
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 02 May 2022
Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed the disclosure of Related Party Transactions for the period from October 1 2021 to March 31 2022. You are requested to take the same on your record.
Fri, 29 Apr 2022
Pursuant To Regulation 7(2) (C) Of The SEBI (Prohibition Of Insider Trading) Regulations 2015
Pursuant to Regulation 7(2) (C) of the SEBI (Prohibition of Insider Trading) Regulations 2015
Fri, 29 Apr 2022
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Shantilal Jain

Technical Scans View Details

Fri, 20 May 2022
Opening at Low Opening at Low
Close Within 52 Week High Zone Close Within 52 Week High Zone
High Increase 1 Month High Increase 1 Month
High Increase 3 Months High Increase 3 Months
High Increase 6 Months High Increase 6 Months

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Life Insurance Corporation of India 522,602.94 826.25 -1.7%
Housing Development Finance Corporation Ltd. 399,513.47 2,203.15 +3.1%
Bajaj Finance Ltd. 349,723.17 5,776.45 +1.2%
Bajaj Finserv Ltd. 199,910.84 12,562.15 +1.2%
HDFC Life Insurance Co Ltd. 115,088.55 544.65 +3.0%
SBI Life Insurance Company Ltd. 106,964.62 1,069.25 +1.2%
ICICI Prudential Life Insurance Company Ltd. 73,533.96 511.60 +2.6%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 180.17 826.25 -1.7%
Housing Development Finance Corporation Ltd. Consolidated 2022-03 17.68 2,203.15 +3.1%
Bajaj Finance Ltd. Consolidated 2022-03 49.76 5,776.45 +1.2%
Bajaj Finserv Ltd. Consolidated 2022-03 43.87 12,562.15 +1.2%
HDFC Life Insurance Co Ltd. Consolidated 2022-03 86.73 544.65 +3.0%
SBI Life Insurance Company Ltd. Standalone 2022-03 71.03 1,069.25 +1.2%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2022-03 96.86 511.60 +2.6%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 15.68 826.25 -1.7%
Housing Development Finance Corporation Ltd. Consolidated 2022-03 2.22 2,203.15 +3.1%
Bajaj Finance Ltd. Consolidated 2022-03 8.00 5,776.45 +1.2%
Bajaj Finserv Ltd. Consolidated 2022-03 4.97 12,562.15 +1.2%
HDFC Life Insurance Co Ltd. Consolidated 2022-03 7.41 544.65 +3.0%
SBI Life Insurance Company Ltd. Standalone 2022-03 9.37 1,069.25 +1.2%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2022-03 8.18 511.60 +2.6%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 0.00 826.25 -1.7%
Housing Development Finance Corporation Ltd. Consolidated 2021-03 2.88 2,203.15 +3.1%
Bajaj Finance Ltd. Consolidated 2021-03 3.60 5,776.45 +1.2%
Bajaj Finserv Ltd. Consolidated 2021-03 3.57 12,562.15 +1.2%
HDFC Life Insurance Co Ltd. Consolidated 2021-03 0.07 544.65 +3.0%
SBI Life Insurance Company Ltd. Standalone 2021-03 0.00 1,069.25 +1.2%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2021-03 0.14 511.60 +2.6%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 74.46 826.25 -1.7%
Housing Development Finance Corporation Ltd. Consolidated 2021-03 9.67 2,203.15 +3.1%
Bajaj Finance Ltd. Consolidated 2021-03 12.86 5,776.45 +1.2%
Bajaj Finserv Ltd. Consolidated 2021-03 21.95 12,562.15 +1.2%
HDFC Life Insurance Co Ltd. Consolidated 2021-03 17.65 544.65 +3.0%
SBI Life Insurance Company Ltd. Standalone 2021-03 15.34 1,069.25 +1.2%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2021-03 11.97 511.60 +2.6%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 74.46 826.25 -1.7%
Housing Development Finance Corporation Ltd. Consolidated 2021-03 9.67 2,203.15 +3.1%
Bajaj Finance Ltd. Consolidated 2021-03 12.86 5,776.45 +1.2%
Bajaj Finserv Ltd. Consolidated 2021-03 21.95 12,562.15 +1.2%
HDFC Life Insurance Co Ltd. Consolidated 2021-03 17.65 544.65 +3.0%
SBI Life Insurance Company Ltd. Standalone 2021-03 15.34 1,069.25 +1.2%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2021-03 11.97 511.60 +2.6%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 826.25 -1.7%
Housing Development Finance Corporation Ltd. Consolidated 2021-03 139,039.23 2,203.15 +3.1%
Bajaj Finance Ltd. Consolidated 2021-03 26,689.57 5,776.45 +1.2%
Bajaj Finserv Ltd. Consolidated 2021-03 60,591.20 12,562.15 +1.2%
HDFC Life Insurance Co Ltd. Consolidated 2021-03 544.65 +3.0%
SBI Life Insurance Company Ltd. Standalone 2021-03 1,069.25 +1.2%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2021-03 511.60 +2.6%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 2,974.14 826.25 -1.7%
Housing Development Finance Corporation Ltd. Consolidated 2021-03 13,566.08 2,203.15 +3.1%
Bajaj Finance Ltd. Consolidated 2021-03 4,419.82 5,776.45 +1.2%
Bajaj Finserv Ltd. Consolidated 2021-03 7,367.56 12,562.15 +1.2%
HDFC Life Insurance Co Ltd. Consolidated 2021-03 1,360.87 544.65 +3.0%
SBI Life Insurance Company Ltd. Standalone 2021-03 1,455.85 1,069.25 +1.2%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2021-03 956.16 511.60 +2.6%