Repco Home Finance Share Price

The company released the statement of unaudited financial results for the second quarter of FY19 and from this, we can see that:

1. The total income of the company for the quarter was Rs.296 crore. This was up from Rs.287.19 crore in the preceding quarter.
2. The company's total expenditure over the course of the quarter was Rs.195.60 crore and this was a very slight increase from the total expenditure over the course of the previous quarter which was recorded at Rs.194.92 crore.
3. The net profit for the period was Rs.66.58 crore. This too was an increase from the net profit over the previous quarter at Rs.60.90 crore.

1. The basic and diluted earnings per share were both found to be Rs.10.70.

Q1 Results FY19

The company released the standalone unaudited financial results for the first quarter of FY19 and the results indicate the following:

1. The total revenue from operations was Rs.287.19 crore.
2. The total expenses incurred by the company over the quarter was pegged at Rs.194.92 crore.

1. The net profit for the first quarter of that year was Rs.60.90 crore.
2. The basic and diluted earnings per share were both Rs.9.73.

Annual Report 2017-2018

The company released the audited financial results for the financial year spanning 2017-2018, ending March 2018 and the results are:

1. The total income of the company for the year was Rs.1,107.73 crore. This was an increase from the total income over the previous quarter when it was Rs.1,045.89 crore.

1. The total expenses incurred by the company over the course of FY18 was pegged at Rs.793.43 crore. This was an increase from the Rs.765.72 crore incurred over the previous year.
2. The net profit after tax was pegged at Rs.206.13 crore for FY18 and this was a solid increase from Rs.182.25 crore in the previous year.
3. The basic and diluted earnings per share were both pegged at Rs.32.95.
4. The total assets of the company grew from Rs.9,042.93 crore in FY17 to Rs.9,974.67 crore in FY18.

Q4 Results FY18

The company released the standalone audited financial results for the final quarter of the financial year ending March 2018 and the results indicate the following:

1. The total income of the company was Rs.283.33 crore over the quarter. This was an increase from Rs.277.59 crore in the preceding quarter.
2. The total expenses over the fourth quarter was pegged at Rs.196.70 crore. This was a decrease from the expenses incurred over the preceding quarter pegged at Rs.203.47 crore.
3. The net profit after tax as recorded by the company for the final quarter of the year was Rs.56.62 crore. This was an increase from the net profit after tax recorded by the company over the preceding quarter at Rs.48.48 crore.
4. The basic and diluted earnings per share were both Rs.9.05.

Stock trends in 2018

1. The stock began trading at about Rs.695 in the initial days of January 2018. While the stock increased a little in price over the first week of that month, it decreased in price thereafter and did not recover to the starting price for the rest of the month. The final price for the month was about Rs.624.
2. The downward trend continued in February 2018 and the final price for that month was about Rs.564.
3. The stock appeared to steady a little in March 2018 and April 2018 marked the time during which there was some noticeable increase in the price. The stock peaked at about Rs.644 by the end of April 2018.
4. The stock declined again in price in April 2018 and again through May 2018. The stock remained mostly steady through the month of June 2018.

1. In July 2018, the stock rose in price again but declined a little in the last few days of the month. The closing price for the month was about Rs.600.
2. August 2018 saw the price of the stock decline again. The decline continued into September 2018 with a final 22% dividend being announced on 17 September 2018. The final price for September 2018 was about Rs.430.
3. The stock plummeted in the month of October 2018 and while it did increase a little towards the end of the month, the increase did nothing for the value of the stock. The stock increased in price again in November 2018 but declined in the first few weeks of December 2018.
4. The stock finally rose towards the close of December 2018 to close at about Rs.399 for the month.

Stock trends in 2017

1. The stock began trading at about Rs.564 in the beginning of the year. The stock gradually rose in price over the course of the month and the final price for the month was about Rs.660. The stock appeared to rise in price in February 2017 but decreased over the latter part of the month.
2. The stock rose again in price over the course of March 2017. This growth period continued into April 2017. The stock then steadied in price in May 2017.
3. June 2017 marked a spike in the price of the stock till about the second week of the month. The stock then declined in price over the course of that month. The stock continued to plummet in July 2017 and through August 2017.
4. The stock appeared to steady a little over September 2017. A final 20% dividend was announced on 13 September 2017. The stock reduced in price again towards the close of the month. The lacklustre run continued through October and November 2017 and the stock finally increased in price over December 2017. The final price for the month was about Rs.685.

Stock trends in 2016

1. The stock began trading at about Rs.700 in the beginning of the year. The stock dipped in price over the course of the month. While it gained a little in February, it dipped again over the course of that month too. The stock steadied a bit in March 2016.
2. April 2016 marked a period of growth for the stock but the price fell again towards the close of the month. The stock increased in price in May 2016 again and over June 2016.
3. The price was steady for a couple of weeks in July 2016 but increased again and the price of the stock went over Rs.800.
4. The stock dipped a little in August 2016 but was mostly steady. The stock fluctuated a lot in September 2016 and a final 18% dividend was announced on 14 September 2016.
5. The price of the stock dipped over the course of October and November 2016 and through December 2016. The stock then rose a little in price over the course of the last few days of the month to close at about Rs.559 by the end of the month.

Should you invest in stocks of Repco Home Finance?

1. The company has shown only growth figures over the course of time.
2. It crossed the loan book amount of Rs.3,000 in the year 2012 itself, 12 years after it commenced operations.
3. The company has always indicated a profit.
4. Considering the growing numbers of the middle class in India and their desire to buy homes, it is to be noted that the company can only see further growth for the future. This is barring any sudden slump or upheaval in the market.

1. The company has a presence across the country with a number of offices that serve the people. In addition, in order to reach a larger group, the company also has satellite offices.
2. The company has over 70 offices.

Considering all of this, investing in stocks of the company could potentially be profitable but thorough research should be performed before investing since stocks are inherently volatile.

Company information

By the end of the financial year spanning 2017-2018, Repco Housing Finance was operating across India by means of 131 branches. They also had 29 satellite centres around the country.

History of the company

The company was incorporated under the name Repco Home Finance Limited in the year 2000. The company received a certificate of registration from the NHB. It is notable that the company had a loan book of over Rs.100 crore by 2003. Four years later, the company had opened its twenty fifth branch. The year 2007 was even more notable for the fact that the company secured investment from the Carlyle Group. The same year, the loan book of the company crossed Rs.500 crore. Two years later, the loan book doubled to Rs.1,000 crore and eventually it grew to Rs.3,000 crore by the year 2012.

Management

The following people are the directors of Repco Home Finance:

Shri. Yashpal Gupta - Managing Director

Shri.T.S. KrishnaMurthy - Chairman Chief Election Commissioner (Retired)

Shri. Dinesh Ponraj Oliver - I.A.S. Director of Rehabilitation, Government of Tamil Nadu

Shri. K. Sridhar - Managing Director (Retired), LIC Housing Finance Limited

Shri.V. Nadanasabapathy - Deputy General Manager (Retired), Syndicate Bank

Shri. G. R. Sundaravadivel - Executive Director (Retired), United Bank of India

Shri.L.Munishwar Ganesan - Business Professional

Smt. R.S. Isabella - Executive Director/Managing Director-in-charge, Repco Bank

Repco Home Finance Limited listings on NSE, BSE, and stock indices

The company is listed on the BSE and NSE under the following codes:

1. BSE: 535322
2. NSE: REPCOHOMEEQ
3. IND: Finance - Housing
4. ISIN Code: INE612J01015
5. SECT: Finance

The company is included in the following indices:

1. Nifty 500
2. Nifty Full Smallcap 100
3. Nifty MidSmallcap 400
4. Nifty Smallcap 100
5. Nifty Smallcap 250

1. S&P BSE 250 SmallCap Index
2. S&P BSE 400 MidSmallCap Index
3. S&P BSE 500
4. S&P BSE AllCap
5. S&P BSE Finance

1. S&P BSE MidSmallCap
2. S&P BSE SmallCap

Location

The registered office of the company is located at the following address:

Repco Tower, Number 33, North Usman Road, T. Nagar, Chennai - 600 017

The corporate office of the company is located at the following address:

Repco Home Finance Limited, Alexander Square Third Floor, Old number: 34/35, New Number: 2, Sardar Patel Road, Guindy, Chennai - 600 032

Telephone: 044 4210 6650 / 4210 6652

Mobile: 94443 94918

Fax: 044 4210 6651

Toll-free number: 1800 425 6070

Stocks vs. Mutual Funds: here's what we recommend

Stock market investments require a lot of research and knowledge. They do not generally offer any tax benefits and are regarded as high-risk investments. Hence,it is crucial to have a diversified portfolio. At Bankbazaar, we encourage our readers to invest on mutual funds.It doesn't require a lot of knowledge and equity linked mutual fund schemes offer tax benefits. Additionally, since mutual funds comprise stocks from multiple companies, they help in building a diversified portfolio.

DISCLAIMER:

The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.