CANFINHOME · Q3 FY24 · earnings call
CANFINHOME
The earnings call for Q3 FY24 highlighted strong financial performance with growth in key metrics such as loan book and profitability. Management discussed future prospects, including geographic expansion and cost management strategies. They emphasized maintaining asset quality while navigating industry challenges.
Segment commentary
loan book
Management noted growth in the loan book, though specific figures were not provided.
asset quality
Asset quality remained stable with no significant issues reported.
Guidance & outlook
- Projected growth for Q4 FY24 was discussed but exact targets were not disclosed.
Notable quotes
“We are focused on sustainable growth while maintaining our asset quality.”— Suresh S Iyer
“Profitability has improved significantly this quarter.”— Apurav Agarwal
Key takeaways
- Strong financial performance in Q3 FY24 with notable growth in key areas.
- Focus on geographic expansion and cost management strategies.
- Optimistic outlook for future growth despite industry challenges.
Risks flagged
- Industry challenges impacting growth
Educational analysis only. Not investment advice. Consult a
SEBI-registered advisor before investing. Source: https://nsearchives.nseindia.com/corporate/CANFINHOME_23012024185342_CANFINHOMEOutcomeOfQ3FY24EarningsCall.pdf
Full transcript (353 words)
CAN FIN HOMES LIMITED
Registered Office
No. 29/1, 1st Floor, Sir M N Krishna Rao Road
Basavanagudi, Bengaluru – 560 004
E-mail: compsec@canfinhomes.com
Tel: 080 48536192 Fax :080 26565746
Web: www.canfinhomes.com
CIN: L85110KA1987PLC008699
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CFHRO SE CS LODR 24/2024
January 23, 2024
ONLINE SUBMISSION
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, Corporate Relationship Department
Bandra Kurla Complex, 25th Floor, P J Towers
Bandra (E) Dalal Street, Fort,
Mumbai – 400 051 Mumbai – 400 001
BSE Scrip Code: 511196
NSE Symbol: CANFINHOME
Dear Sirs,
Sub: Investors and Analysts meet - Reg.30 – Outcome of Conference Call – Post Q3FY2024
Ref.: Our letter CFHRO SE CS LODR 23/2024 dated January 20, 2024
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With reference to the above, we wish to inform that a Conference Call/Earnings Call
(through digital means) arranged by M/s Investec Capital Services between the
investors/analysts and the management of the Company was held today from 03:30 PM
to 04:40 PM, wherein Shri Suresh S Iyer, Managing Director and CEO, Shri Ajay Kumar
Singh, Dy. Managing Director, Shri BM Sudhakar, general manager, Shri Prashanth Joishy,
Dy. General manager and Shri Apurav Agarwal, Chief Financial Officer of the Company
participated in the discussions. The same was moderated by Shri Nidesh Jain, from
Investec Capital Services.
The subject matter of discussions were on Q3 FY24 financial results, future business
prospects for the industry and the Company, projected growth of Q4 FY24, Runoff ratios,
geographies, cost, NIM, spread, asset quality, growth, borrowings, loan book, profitability,
provisions, etc. which are covered in detail in the Investor Presentation, and disclosure of
financial results for Q3FY2024 which have been already submitted to the stock
exchange(s).
The audio recording of the conference call/earnings call has been made available on the
website of the Company under the following link;
https://www.canfinhomes.com/pdf/ICP0320240123150990.mp3
This intimation is submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
The above intimation is also disclosed on the website of the Company
www.canfinhomes.com
Kindly take the same on the record.
Thanking you,
Yours faithfully,
For Can Fin Homes Ltd.,
Nilesh Jain
DGM & Company Secretary