External broker reports(aggregated public sources), Axis Direct

Axis Direct

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Can Fin Homes Ltd. (CANF) is a housing finance company promoted by Canara Bank, primarily catering to salaried borrowers (low and middle-income individuals and first-time homebuyers).</li><li>~70% of the company’s portfolio comprises salaried customers, with a majority of its book comprising housing loans for individuals.</li><li>CANF operates its business through 248 branches spread across 21 states and UTs.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Can Fin Homes Ltd. (CANF) is a housing finance company promoted by Canara Bank, primarily catering to salaried borrowers (low and middle-income individuals and first-time homebuyers).~70% of the company’s portfolio comprises salaried customers, with a majority of its book comprising housing loans for individuals.CANF operates its business through 248 branches spread across 21 states and UTs.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pick of the Week: Can Fin Homes Ltd. - 08 November, 2025

External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

<ul><li>Can Fin Homes’ (CANF) Q2FY26 earnings were ahead of our estimates, largely due to higher-than-expected NIMs (4%) and muted credit costs (3bps)</li><li>NIMs reflated sharply, driven by lower cost of funds (-30bps QoQ) due to re-pricing of bank borrowings, while transmission on the asset side remained limited (25bps during FY26)</li><li>However, AUM/disbursements growth remained tepid (+8.4%/+6.9% YoY) amidst moderation in overall housing demand and protracted issues in Karnataka and Telangana</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Can Fin Homes’ (CANF) Q2FY26 earnings were ahead of our estimates, largely due to higher-than-expected NIMs (4%) and muted credit costs (3bps)NIMs reflated sharply, driven by lower cost of funds (-30bps QoQ) due to re-pricing of bank borrowings, while transmission on the asset side remained limited (25bps during FY26)However, AUM/disbursements growth remained tepid (+8.4%/+6.9% YoY) amidst moderation in overall housing demand and protracted issues in Karnataka and TelanganaContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Can Fin Homes - Strong on Profitability, Weak on Growth

<ul><li>Key States Showing Signs of Recovery: CANF’s key states – Karnataka (KA, owing to eKhata issue) and Telangana (TL) have reported muted growth. However, the company is seeing signs of revival, particularly in KA.</li><li>The management has indicated that the KA government has announced certain measures regarding eKhata, which are directionally positive and should support growth revival in the state.</li><li>Thus, the management expects the monthly disbursement run-rate in KA to improve from Q3 onwards and scale up to a Rs 300 Cr/month disbursement run-rate in Q4 vs the current monthly run-rate of Rs 260 Cr. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Key States Showing Signs of Recovery: CANF’s key states – Karnataka (KA, owing to eKhata issue) and Telangana (TL) have reported muted growth. However, the company is seeing signs of revival, particularly in KA.The management has indicated that the KA government has announced certain measures regarding eKhata, which are directionally positive and should support growth revival in the state.Thus, the management expects the monthly disbursement run-rate in KA to improve from Q3 onwards and scale up to a Rs 300 Cr/month disbursement run-rate in Q4 vs the current monthly run-rate of Rs 260 Cr. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Can Fin Homes Limited - Consolidation Phase Ending; Growth Outlook Turning Constructive!

<ul><li>Operational Performance: CANF’s disbursements growth improved YoY, growing at ~9% YoY, though decelerated sequentially (seasonality) by ~18% QoQ.</li><li>AUM growth was in line with our expectations at 9/1% YoY/QoQ. AUM growth was mainly driven by the SENP segment, which grew by 14/2% YoY/QoQ (in line with management guidance of growing the SENP segment to support yields/NIMs), while the salaried segment grew by 7/1% YoY/QoQ.</li><li>The share of Salaried to SENP borrowers stood at 70:30, flat QoQ.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Operational Performance: CANF’s disbursements growth improved YoY, growing at ~9% YoY, though decelerated sequentially (seasonality) by ~18% QoQ.AUM growth was in line with our expectations at 9/1% YoY/QoQ. AUM growth was mainly driven by the SENP segment, which grew by 14/2% YoY/QoQ (in line with management guidance of growing the SENP segment to support yields/NIMs), while the salaried segment grew by 7/1% YoY/QoQ.The share of Salaried to SENP borrowers stood at 70:30, flat QoQ.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Can Fin Homes Ltd - Growth Momentum to Improve from FY26 Onwards!

<ul><li>Can Fin Homes Ltd. (CANF) is a housing finance company promoted by Canara Bank, primarily catering to salaried borrowers (low and middle-income individuals and first-time homebuyers).</li><li>~70% of the company’s portfolio comprises salaried customers, with a majority of its book comprising housing loans for individuals.</li><li>CANF operates its business through 216 branches spread across 21 states and union territories.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Can Fin Homes Ltd. (CANF) is a housing finance company promoted by Canara Bank, primarily catering to salaried borrowers (low and middle-income individuals and first-time homebuyers).~70% of the company’s portfolio comprises salaried customers, with a majority of its book comprising housing loans for individuals.CANF operates its business through 216 branches spread across 21 states and union territories.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pick of the Week: Can Fin Homes Limited - 24th May, 2025

India

Can Fin Homes Ltd provides housing finance.  The company offers long term housing loans to middle and lower income individuals or corporate bodies for construction and acquiring houses/flats.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Can Fin Homes (CANF IN)

Pick of the Week: Can Fin Homes Ltd. - 08 November, 2025

Can Fin Homes Ltd. (CANF) is a housing finance company promoted by Canara Bank, primarily catering to salaried borrowers (low and middle-income...

Axis Direct

Can Fin Homes - Strong on Profitability, Weak on Growth

Can Fin Homes’ (CANF) Q2FY26 earnings were ahead of our estimates, largely due to higher-than-expected NIMs (4%) and muted credit costs (3bps)

HDFC Securities

Can Fin Homes Limited - Consolidation Phase Ending; Growth Outlook Turning Constructive!

CANF’s key states – Karnataka (KA, owing to eKhata issue) and Telangana (TL) have reported muted growth. However, the company is seeing signs of...

Axis Direct

Can Fin Homes Ltd - Growth Momentum to Improve from FY26 Onwards!

Operational Performance: CANF’s disbursements growth improved YoY, growing at ~9% YoY, though decelerated sequentially (seasonality) by ~18% QoQ.

Axis Direct

Pick of the Week: Can Fin Homes Limited - 24th May, 2025

Can Fin Homes Ltd. (CANF) is a housing finance company promoted by Canara Bank, primarily catering to salaried borrowers (low and middle-income...

Axis Direct

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)