Reliance Home Finance Share Price Target for 2024, 2025, 2026, 2027, 2028

Reliance Home Finance is a housing finance company based in India. It is a subsidiary of Reliance Capital, which is part of the Reliance Group, one of India’s largest conglomerates. Reliance Home Finance provides a variety of home loan products, including affordable housing loans, high-value home loans, loans against property, and construction finance. It also offers property solutions services, such as helping customers find homes and properties.

Reliance Home Finance was founded in 2008 and is headquartered in Mumbai, India. It has a network of over 120 branches across India. The company has a strong focus on the affordable housing segment and has played a significant role in helping low-income families to own their own homes.

Reliance Home Finance has been profitable in recent years, but it has also faced some challenges. The company’s asset quality has deteriorated in recent years, and it has had to make higher provisions for bad loans. The company is also facing competition from other housing finance companies, as well as from banks.

Despite these challenges, Reliance Home Finance remains a well-established player in the Indian housing finance market. The company has a strong brand name and a large customer base. It is also well-positioned to benefit from the government’s focus on affordable housing.

Reliance Home Finance Overview

Feature Description
Founded 2008
Headquarters Mumbai, India
Branches Over 120 across India
Focus Affordable housing
Products Home loans, loans against property, construction finance
Services Property solutions
Website https://www.reliancehomefinance.com/

Reliance Home Finance Products

Product Description Key Features Target Audience
Affordable Housing Loans Loans for low-income families to purchase homes, often with government subsidies and lower interest rates. – Loan amount up to Rs. 35 lakh – Interest rates as low as 8.5% – Flexible repayment options – PMAY Scheme benefits First-time homebuyers, low-income families
High-Value Home Loans Loans for purchase or construction of premium properties. – Loan amount up to Rs. 10 crore – Competitive interest rates – Faster processing – Value-added services Middle-income and high-income earners
Loan Against Property (LAP) Loan against the existing value of your property for various purposes. – Loan amount up to 75% of property value – Flexible tenures – Multiple usage options Property owners needing funds for business, education, etc.
Construction Finance Loans for financing the construction of new homes or renovation of existing ones. – Stage-based disbursements – Competitive interest rates – Technical assistance Individuals building new homes, builders, developers

Reliance Home Finance Fundamentals

Metric Value
Market Capitalization (Rs crore) 206.15
Revenue (Rs crore) Not Available
EBITDA (Rs crore) Not Available
EPS (Rs) Not Available
P/E Ratio Not Available
P/B Ratio Not Available
Dividend Yield (%) Not Available
Debt/Equity Ratio Not Available
Book Value (Rs) Not Available
Face Value (Rs) 2
ROE (%) Not Available
Debt (Rs crore) Not Available

Reliance Home Finance Revenue and Net Profit

Year Revenue (Rs crore) Net Profit (Rs crore)
2023 (Mar) 382.17 9,013.79
2022 (Mar) 290.68 -7,906.40
2021 (Mar) 803.27 -2,302.89
2020 (Mar) 1,587.39 -567.28

Reliance Home Finance Share Price Target-

Reliance Home Finance Shareholding Patterns

Category Holding(%)
Promoter 0.74
Foreign Institutional Investors (FII) 0.39
Domestic Institutional Investors (DII) 1.55
Mutual Funds 1.55
Public & Retail Investors 99.26

Reliance Home Finance Share Price Target for 2024, 2025, 2026, 2027, 2028

Year Estimated Share Price Target (INR)
2024 100
2025 200
2026 300
2027 330
2028 375

Reliance Home Finance Share Price Target for 2024

Reliance Home Finance Share Price Target for 2024 is 100.

Reliance Home Finance Share Price Target for 2025

Reliance Home Finance Share Price Target for 2025 is 200.

Reliance Home Finance Share Price Target for 2026

Reliance Home Finance Share Price Target for 2026 is 300.

Reliance Home Finance Share Price Target for 2027

Reliance Home Finance Share Price Target for 2027 is 330.

Reliance Home Finance Share Price Target for 2028

Reliance Home Finance Share Price Target for 2028 is 375.

Reliance Home Finance Share Split History

Reliance Home Finance has not undergone any stock splits to date.

Future Outlook of Reliance Home Finance

Positives:

  • Potential for growth: The Indian housing market is expected to grow in the coming years, driven by urbanization and rising disposable income. This could lead to increased demand for home loans, benefiting Reliance Home Finance.
  • Strong brand and parentage: Reliance Home Finance benefits from the brand recognition and financial backing of the Reliance Group, one of India’s largest conglomerates.
  • Focus on affordable housing: The company’s focus on affordable housing aligns with the government’s policy initiatives, potentially providing access to a larger customer base.
  • Recent financial performance: Reliance Home Finance has shown signs of financial recovery with increasing revenue and profits in recent quarters.

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Risks Associated With Investing in Reliance Home Finance

Category Risk Possible Impact
Business Risk Competition: Intense competition from established players like HDFC and LIC Housing Finance Reduced market share, lower profitability
Growth slowdown: Potential slowdown in the Indian housing market due to economic factors Lower loan demand, decreased income
Operational inefficiencies: Internal issues with loan origination, servicing, or collections Increased non-performing assets, reputational damage
Interest Rate Risk Rising interest rates: Increase in borrowing costs for the company Reduction in net interest margin, lower profitability
Mismatch in maturities: Inability to match loan maturities with funding sources Exposure to liquidity risk, higher borrowing costs
Asset Quality Risk Increase in non-performing assets (NPAs): Loan defaults due to economic hardship or borrower issues Erosion of capital, reduced profitability
Suboptimal underwriting practices: Lax lending standards leading to bad loans Higher NPAs, financial instability
Regulatory Risk Changes in government policies: Regulatory changes impacting housing finance or NBFCs Increased compliance costs, business restrictions
Litigation risk: Exposure to legal disputes due to loan defaults or regulatory non-compliance Financial losses, reputational damage
Macroeconomic Risk Economic slowdown: General economic downturn impacting housing demand and affordability Reduced loan growth, higher NPAs
Inflation: Rise in inflation leading to increased input costs and interest rates Lower profitability, pressure on asset quality
Liquidity Risk Dependence on short-term borrowings: Reliance on volatile funding sources for lending Vulnerability to market shocks, potential liquidity crunch
Limited access to capital: Difficulties raising additional capital if needed Inability to capitalize on growth opportunities, financial constraints

Reliance Home Finance Competitors

Competitor Market Capitalization (INR Cr.) Strengths Weaknesses
Housing Development Finance Corporation (HDFC) 1,39,213 – Market leader in housing finance. – Extensive branch network. – Strong brand recognition. – High loan rates compared to some NBFCs. – Limited focus on affordable housing.
LIC Housing Finance Ltd. 60,372 – Largest life insurer in India with robust distribution network. – Well-capitalized. – Strong brand recognition. – Lower profitability compared to some smaller NBFCs. – Limited focus on digital channels.
PNB Housing Finance Ltd. 20,275 – Strong presence in North India. – Focus on affordable housing segment. – Experienced management team. – High reliance on wholesale funding. – Exposure to stressed assets in the past.
IDFC First Bank Ltd. 20,264 – Diverse product portfolio across housing finance, retail banking, and wealth management. – Strong focus on technology and digital initiatives. – Smaller branch network compared to HDFC and LIC Housing Finance. – Higher operating costs.
Aavas Financiers Ltd. 12,304 – Strong focus on affordable housing in rural and semi-urban areas. – Lower operating costs compared to some larger players. – Nimble and entrepreneurial management team. – Limited brand recognition. – Higher dependence on wholesale funding.
Can Fin Homes Ltd. 10,943 – Focus on salaried segment and affordable housing. – Strong regional presence in South India. – Experienced management team. – Limited branch network compared to national players. – Higher reliance on wholesale funding.
Repco Home Finance Ltd. 8,136 – Strong presence in South India. – Fokus on affordable housing and microfinance segments. – Well-capitalized. – Limited geographical reach outside South India. – Lower profitability compared to some larger players.

Reliance Home Finance Share Price FAQs

Is Reliance Home Finance a good stock to invest in?

Answer: Evaluating investment suitability requires considering multiple factors and personal risk tolerance. While Reliance Home Finance has potential for growth due to its focus on affordable housing and the potential of the Indian housing market, it also faces competition, interest rate sensitivity, and asset quality concerns. You should conduct thorough research and consult a financial advisor before making any investment decisions.

Where can I find more information about Reliance Home Finance’s share price?

Answer: You can find real-time and historical share price information on various financial websites like Moneycontrol, NSE India, BSE India, and Yahoo Finance. Additionally, the company website has investor relations resources and financial reports.

DISCLAIMER: We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.

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