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This Article is From Jun 28, 2024

Repco Home Finance - FY25 To Be A Year Of Transformation: Nirmal Bang

Repco Home Finance - FY25 To Be A Year Of Transformation: Nirmal Bang
Residential buildings. (Photo: Anton Maksimov/Unsplash)

NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

Repco Home Finance Ltd. has made several improvements in company structure/processes besides overhauling tech operations in the past 1.5 years.

Execution in terms of asset quality metrics has also been strong. Our branch visit suggest a pick-up in disbursement momentum over the next few quarters, resulting in faster growth.

Current valuation at 0.9 times FY26E price/adjusted book value is extremely attractive and one of the cheapest in the sector. Maintain Buy with a target price of Rs 620 (1.1 times FY26E price/adjusted book value).

Click on the attachment to read the full report:

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This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

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