Repco Home Finance Lts is a fundamentally strong housing finance company head quartered in Chennai.
This company was incorporated in April 2000 & as on today it’s operating with more than 100 branches in most of the states in India.
RHFL is known for transparency, speed of operations, customer friendly, low cost operations and above all managed by professional and experienced management team.
The company has witnessed a phenomenal growth in last few years and expected to continue in the coming days.
Earning per share of the company for FY16E and FY17E is expected to be around Rs 23 and Rs 25 respectively.
Net sales and PAT of the company are expected to grow at a CGAR of 19 to 24% in the coming years.
We can buy this stock at CMP 625 with a target of 750 to 800 in another 8 to 12 months.