Can Fin Homes

CMP: 149

Canfin Homes is the housing finance arm of Canara bank. 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.

Can Fin Homes is a decent pick in small-cap space trading at a P/E of less than 6 with dividend yields of 2% in the last 12 months. Revenues have risen from 223 Crores to 393 Crores in the last 5 years. Profits have risen from 31 Crores to 54 Crores in the last 5 years. Profit margins have stayed around 14% in the last 5 years. Buy and hold for long term gains.