Can Fin stock trades at 1.2x FY27 price/book value, and the brokerage estimate a CAGR of 10%/9%/12% in net interest income/pre-provision operating profit/PAT over FY24-27, with an RoA of 2.2% and RoE of ~16% in FY27. (Photo Source: pxhere)
Can Fin has faced near-term disruptions due to e-Khata challenges in Karnataka and uncertainties stemming from Project Hydra in Telangana. While conditions are gradually improving, the impact has been significant, particularly due to the company's extensive presence in Karnataka