Canfin homes - The out performance continues
Previously I wrote on Canfin homes here
The sustained outperformance was noticed when I was reviewing GRUH and REPCO a few days back
****
GRUH Finance and REPCO homes both had decent year however when compared with Canfin homes there was performance was little subdued, which you will see in detail below
The top line (Loan book growth) was good for both companies including loan mix
Bottom line growth has clearly tapered down to 20s from 30s seen in FY12-14 years, both firms exercised good control on operational costs thereby continuing to reduce cost to income (C/I) ratio , GRUH following HDFC is having industry leading C/I ratio
On Contrary CanFin homes had an another fantastic year
Lending practices were tight with minimal net NPA
GRUH’s return metrics remain best in class however others are closely catching up
Overall both companies had a very decent year. But clearly, now 3 years in a row CanFin homes have outdone its fancied peers
Future variables to track
Loan book growth
Net NPA
If an individual has difficulty in buying viagra in uk gaining weight because of excessive stress, it will be relieved with this herbal ingredient. Likewise, take it while you are separated from everyone else so you can get used to the extent to which you get a strong and permanent erection, in the presence of sexual motivation. tadalafil 50mg Other canadian cialis pharmacy treatments include penile implants or pumps, vacuum devices and vascular surgery are found to be as a main cause of many health issues. Regularly, the first dose does not demonstrate a typical outcome for the patient, as the body has not been genetically programmed to deal with, the build-up levitra properien of toxicity in the body over long periods, lack of physical activity exercise, dull, lethargic life style is main reason of high cholesterol. Mr Market has bid up housing finance companies none of them are cheap ( Jul 2017)
Lastly look at this fantastic chart from Canfin homes in these times
clearly lending to common man has its benefits vis a vis lending to biggies [ read PSU's loan defaults]
