Repco Home Finance share price: Buy Repco Home Finance, target price Rs 470: ICICI Securities

has buy call on Repco Home Finance with a target price of Rs 470. The current market price of is Rs 136.05. Time period given by analyst is one year when . price can reach defined target.



Repco Home Finance Ltd., incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 856.15 Crore) operating in NBFC sector.

Repco Home Finance Ltd. key Products/Revenue Segments include Interest, Other Operating Revenue and Other Services for the year ending 31-Mar-2021.

Financials

For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 324.23 Crore, down -.37 % from last quarter Total Income of Rs 325.45 Crore and down -4.73 % from last year same quarter Total Income of Rs 340.34 Crore. Company reported net profit after tax of Rs 42.03 Crore in latest quarter.

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Investment Rationale
Company’s business franchise is currently undervalued – the stock trades below FY23E book and ~3x earnings, and is available at


Promoter/FII Holdings
Promoters held 37.13 per cent stake in the company as of 31-Mar-2022, while FIIs owned 17.91 per cent, DIIs 19.71 per cent.

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