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Reliance Home Finance Ltd.

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reliancehomefinance.comBSE: 540709NSE: RHFL
Market Cap₹ 85 Cr.
Current Price
High / Low₹ 5 / 2
Stock P/E3.5
Book Value₹ -1
Price to Book-1.49
Dividend Yield0.00 %
ROCE250.0 %
ROE0.0 %
Face Value₹ 10

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ABOUT

AI Sector View

AI GENERATED

Financial Services

Buy

Financials remain one of the clearest macro beneficiaries. Loan growth was 18.3% (Aug/26) versus deposit growth 14.7% (Aug/26), SCB credit growth was 17.5% YoY (2026-07), UPI transactions rose 22.0% YoY (2026-07), and M3 money supply grew 15.0% YoY (2026-07). Sector flows have also turned meaningfully supportive, with INR 13171 crore net FPI inflow over 3 months to 2026-08-31 after INR -114652 crore in the prior 3 months.

Confidence
84%
View full sector analysis →

PROS

  • Company has delivered good profit growth of 100.5% CAGR over last 5 years
  • Company has a healthy return on capital (ROCE) of 58.5%
  • Asset quality is healthy - gross NPA of just 0.0%
  • Operating margins have improved to 2439.9% from 48.7%
  • Company generates healthy free cash flow

CONS

  • Net worth is negative - accumulated losses have eroded equity
  • Capital adequacy is tight at 0.0% - limited headroom to grow
  • Company has a low return on equity of -72.9% over last 3 years
  • A large part of profit comes from other income (100.5% of PBT)
  • Company's sales have been declining over the last five years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Financial ServicesFinanceFinance - Housing
Part ofNIFTY 50NIFTY 500NIFTY LARGEMIDCAP 250NIFTY 100NIFTY 200
S.No.Name
1.BAJAJHFL82.79662.2868983.400.00715.2822.633063.0217.798.8392.39
2.PIRAMALFIN2175.7030.5251483.660.51460.98—3368.2733.527.7464.47
3.HUDCO177.908.3735613.803.40851.1135.053717.1727.108.4197.08
4.LICHSGFIN540.805.1829747.411.851499.039.907082.59-1.168.5997.06
5.PNBHOUSING1137.0012.8129653.400.70557.344.472263.449.029.4191.52
6.AADHARHFC475.2518.2520825.770.00282.3619.00992.8917.0611.3175.02
7.SAMMAANCAP152.450.0017753.670.00243.30-27.221651.93-31.183.6499.91
8.APTUS254.4512.9412743.631.77260.9419.01600.2915.3815.4581.94
9.HOMEFIRST1196.1021.5112506.360.43159.8534.45538.0118.9711.1377.98
10.CANFINHOME795.359.3710590.451.89267.8219.631096.157.439.1491.29
11.AAVAS1258.6520.349980.380.00142.4812.34546.0221.429.9774.58
12.RHFL1.753.5184.890.00-0.6989.780.00-100.00250.03—
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
1594721417600000000
6,068454516-9,060-61350021
Operating Profit-6,05249271258,5817-1-3-5-042-2-1
OPM %-39529.00%52.19%37.86%88.59%11365.09%5575.00%-388.24%-1600.00%-2944.44%-50.00%210500.00%-10550.00%—
Other Income006-0300000700
Interest311252272267-75900010000
Depreciation2101021000000000
-6,573-203-239-1639,6206-1-3-7-027-2-1
Tax %31.20%31.20%31.20%-52.53%37.92%0.00%-0.00%-0.00%-0.00%-0.00%0.00%3.54%-0.00%
Net Profit-4,522-140-165-2495,9726-1-3-7-027-2-1
-93-3-3-51230-0-0-0-01-0-0
Equity Capital485485485485485485485485485485485485485
Reserves0000000000000
Promoter Pledge %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
4275018041,0731,6231,9861,5878032913820
90901494613735758301,9216,8021183
Operating Profit3434236748941,3111,428773-1,080-6,5099,324—
OPM %80848483817249-135-2,2392,440—
Other Income712192816117163739,0617
Interest2773175367491,0621,3231,3371,2201,185321
Depreciation0017234321220
66106137138247102-567-2,303-7,9069,01424
Tax %343537-25323434343140-0
Net Profit43698717316767-375-1,520-5,4405,41924
EPS000000-8-31-112112—
Dividend Payout %00032900000—
Minority Interest00000000000
Share of Associates00000000000
Adjusted EPS710131531-8-31-112112—

COMPOUNDED SALES GROWTH

10 Years:
1%
5 Years:
-25%
3 Years:
-38%

COMPOUNDED PROFIT GROWTH

10 Years:
70%
5 Years:
100%
3 Years:
—

STOCK PRICE CAGR

10 Years:
—
5 Years:
-15%
3 Years:
-2%
1 Year:
-63%

RETURN ON EQUITY

10 Years:
-17%
5 Years:
-48%
3 Years:
-73%
Last Year:
0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

2018

Sep 12

₹ 0.10

Rs.1.0000 per share(10%)Dividend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
LIABILITIES----------
Equity Capital666666116485485485485485485
3984685549831,3371,345970-550-5,989-564
2088167681,0041,0904,3992,8822,5652,2550
Trade Payables1225460110
3,0724,2876,4369,11712,33711,73411,04611,2689,808125
Total Liabilities3,7455,6397,82611,22415,25317,97015,38413,7706,56146
ASSETS----------
0394468260261257255430
32008050859989551,0121610
Cash & Bank2013557202521255935101,3102,96118
3,2245,2446,98110,39614,81017,01813,66111,1933,39529
Total Assets3,7455,6397,82611,22415,25317,97015,38413,7706,56146
Total Debt3,0214,4226,5489,67013,13615,69913,23512,97612,71487
Net Working Capital-55-1,052-782-1,093-1,109-3,781-2,260-2,997-2,010-4
Contingent Liabilities10231424410012
Book Value per Share70.5481.0387.6287.7237.5737.7330.00-1.33-113.47-1.63
Face Value10.0010.0010.0010.0010.0010.0010.0010.0010.0010.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
412-179433-3,296-3,507-1,1894,7133,068-5974,103
Cash from Investing-282293-72-355496-55-856-1,560848103
Cash from Financing0003,2272,8181,291-3,927-1,374-367-4,035
130114362-425-19447-70135-116171
Free Cash Flow412-219428-3,327-3,698-1,1944,7133,068-5974,103
OCF / Net Profit9.50-2.605.00-19.10-20.96-17.64-12.56-2.020.110.76
Cumulative 5-Year FCF0000-6,404-8,009-3,078-4382,29210,093

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
PER SHARE
EPS (₹)6.5910.4913.1814.903.451.39-7.74-31.33-112.14111.71
Book Value (₹)70.5481.0387.6287.7237.5737.7330.00-1.33-113.47-1.63
Dividend per Share (₹)0.000.000.000.501.000.000.000.000.000.00
Cash EPS (₹)6.6210.5013.2915.513.491.46-7.66-31.28-107.77111.75
PROFITABILITY
Operating Margin %80.46%84.43%83.77%83.28%80.77%71.88%48.70%-134.51%-2239.22%2439.88%
Net Margin %10.17%13.79%10.79%16.08%10.31%3.39%-23.64%-189.22%-1871.34%1417.84%
ROE %9.80%13.85%15.63%21.67%11.79%3.69%-22.85%-218.61%0.00%0.00%
ROCE %10.94%10.02%11.14%9.94%10.19%8.76%4.77%-7.84%-66.73%250.03%
1.30%1.47%1.29%1.81%1.26%0.41%-2.25%-10.43%-53.51%164.02%
EFFICIENCY
Debtor Days0000000000
Inventory Days0000000000
Payable Days0000000000
0000000000
FINANCIAL HEALTH
Debt to Equity (x)6.51x8.29x11.35x9.52x7.21x8.58x9.10x-200.87x-2.31x-1.10x
Interest Coverage (x)1.24x1.33x1.25x1.18x1.23x1.08x0.58x-0.89x-5.67x287.15x
0.95x0.51x0.69x0.61x0.28x0.24x0.42x0.34x0.61x0.81x
GROWTH
Revenue Growth %19.13%17.36%60.53%33.47%51.20%22.39%-20.07%-49.40%-63.81%31.47%
Operating Profit Growth %15.80%23.15%59.28%32.69%46.64%8.91%-45.85%-239.76%-502.44%243.26%
Net Profit Growth %57.88%59.17%25.62%98.93%-3.05%-59.71%-656.69%-304.96%-257.89%199.61%
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VALUATION
P/E (x)0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x
P/B (x)0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x
Dividend Yield %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
43.610.740.740.740.740.740.740.74
0.390.390.390.390.000.000.000.00
1.551.551.551.551.551.551.541.54
0.010.010.010.010.010.010.010.01
54.4497.3197.3197.3097.7097.7097.7097.70

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-08-10
Corporate Insolvency Resolution Process

2026-08-10 - Reliance Home Finance Limited has informed the Exchange about that the 13th Meeting of the Committee of Creditors ( CoC ), of Reliance Home Finance Limited (In CIRP) was duly held on Thursday, August 06, 2026, at 03:00 P.M. (IST) through Video Conferencing

2026-08-04
Corporate Insolvency Resolution Process

2026-08-04 - Reliance Home Finance Limited has informed the Exchange that 13th Meeting of the Committee of Creditors ("CoC") of the Corporate Debtor, Will be held as under: Date: Wednesday, August 05, 2026 Time: 03:00 P.M. (IST) Mode: Video Conferencing

2026-07-17
Corporate Insolvency Resolution Process

2026-07-17 - Reliance Home Finance Limited has informed the Exchange about the 12th Meeting of the Committee of Creditors ( CoC ), of Reliance Home Finance Limited (In CIRP) originally scheduled to be held on Thursday, July 02, 2026 at 11:30 A.M. (IST) through Video Conferencing, was rescheduled and duly held on Tuesday, July 14, 2026 at 11:30 A.M. (IST) through Video Conferencing.

2026-07-13
Corporate Insolvency Resolution Process

2026-07-13 - Reliance Home Finance Limited has informed the Exchange about that the 12th Meeting of the Committee of Creditors ("CoC") of the Corporate Debtor, which was originally scheduled to be held on Thursday, July 02, 2026 at 11:30 A.M. (IST) through Video Conferencing and was subsequently postponed, shall now be held as under:Date: Tuesday, July 14, 2026 Time: 11:30 A.M. (IST) Mode: Video Conferencing

2026-07-09
Disclosure under SEBI Takeover Regulations

2026-07-09 - Reliance Interactive Advisors Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

2026-06-24
Corporate Insolvency Resolution Process

2026-06-24 - Reliance Home Finance Limited has informed the Exchange about that the 11th Meeting of the Committee of Creditors ( CoC ), of Reliance Home Finance Limited (In CIRP) originally scheduled to be held on Monday, June 15, 2026 at 03:00 P.M. (IST) through Video Conferencing, was rescheduled and duly held on Wednesday, June 24, 2026 at 11:00 A.M. (IST) through Video Conferencing.

2026-06-18
Corporate Insolvency Resolution Process

2026-06-18 - Reliance Home Finance Limited has informed that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with sub-clause 16(g) of Para A of Part A of Schedule III thereto, we had informed that the 11th (Eleventh) Meeting of the Committee of Creditors (CoC) of the Company was scheduled to be held on Monday, June 15, 2026 at 03:00 P.M. (IST) through Video Conferencing.We wish to inform you that the aforesaid Meeting of the Committee of Creditors (CoC) has been rescheduled and will now be held as under:Date: Wednesday, June 24, 2026Time: 11:00 A.M. (IST)Mode: Video Conferencing

2026-06-15
Corporate Insolvency Resolution Process

2026-06-15 - Reliance Home Finance Limited has informed that the 11th Meeting of the Committee of Creditors of the Corporate Debtor will be held as under:Date: Monday, June 15, 2026 Time: 03:00 P.M. (IST) Mode: Video Conferencing

2026-06-09
Corporate Insolvency Resolution Process

2026-06-09 - Reliance Home Finance Limited has informed the Exchange about that the 10th Meeting of the Committee of Creditors ( CoC ), of Reliance Home Finance Limited (In CIRP) scheduled to be held on Tuesday, June 09, 2026 at 03:00 P.M. (IST) through Video Conferencing and was duly held on Tuesday, June 09, 2026, at 03:00 P.M. (IST) through Video Conferencing.

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