Sammaan Capital Ltd

About Sammaan Capital Share Price

Sammaan Capital earlier known as Indiabulls Housing Finance Ltd (Sammaan) was established in 2005. It is one of India's largest financial service companies that specialises in home loans and loans against property. The company is registered with and regulated by National Housing Bank, NHB so that it adheres to the best financial governance and regulatory standards. The latest information on the Sammaan share can be accessed through various financial news platforms and stock market websites. Moreover, to check real-time updates, you can view the Sammaan share price NSE on the National Stock Exchange's official website. 

Business Segments of Sammaan Capital

Indiabulls Housing Finance Ltd operates through several key financial business segments: 

• Housing Loans: The focus area of the company is through housing loans to the middle group of the population. The size of such loans in an urban area is about Rs 35 lakhs and in a semi urban area about Rs 25 lakhs. This area is a robust base to offer by the company towards homeownership for a larger population.
• Loan against Property (LAP): Under this segment, Indiabulls Housing Finance Ltd offers loans secured against a property. The average LAP ticket size stands at around Rs 73 lakhs and an average loan term of seven years. This is for the diverse financial needs of property holders.
• Smart City Loans: Using the template of eHome Loans, Smart City Loans and LAP are being originated digitally through an application process. The underwriting takes place at a centralised regional credit hub having an average size of Rs 10 lakhs. Thus, this section illustrates how the company has infused technology into the provision of traditional financial service.
• Debt Repayment: Till now, for August 2023, the company repaid almost Rs 1,110 crore secured bonds which were raised way back in August 2013. Gross repayment by Indiabulls Housing Finance Ltd since September 2018 is at Rs 1,62,985 crore and the net to Rs 85,500 crore. Borrowings reduction will be accompanied with healthier finances-a step likely to bring borrowings down to around Rs 36,000 crore by the end of Q1FY24.
• Asset Quality: The asset quality of the company is also quite robust as the Gross NPAs are at 2.86% and Net NPAs at 1.90% at FY23. These are at a better level than that of the previous year, showing effective risk management and credit controls.
• Network and Co-Lending: Indiabulls Housing Finance Ltd has a wide spread of 200 branches across the country, besides channel partners of more than 8,000. The company also has entered into co-lending agreements with Central Bank of India, Yes Bank, Bank of Baroda among others. Partnerships ensure its wider reach and service capabilities.
• Capital Raising and Cross-Selling: The company raised Rs 1,245 crore by way of the retail issue of NCDs in FY23 and Q1FY24. The company also boasts of above 80% insurance attachment through good cross-selling of insurance products. This is besides value addition for its customers and additional revenue streams for the company.
• Asset-Light Model: Indiabulls Housing Finance has disbursed approximately Rs 13,000 crores in co-lending with eight co-lending partners. This enables the company to scale up without significant capital outlay.
• Institutionalisation: Indiabulls Housing Finance Ltd got de-promoterised in February 2023. The company is now professionally managed, board-governed, and well-diversified as a financial institution by becoming more institutionally governed and also better governed in terms of corporate governance as well.

Outlook of Sammaan Capital Limited

Looking ahead, Indiabulls Housing Finance Ltd aims at continuous asset growth through its co-lending partnerships and the asset-light model. The focus on strengthening its co-lending partnerships with public sector banks, private banks, and financial institutions will help the company in generating positive results in the next fiscal year. 

Through this very objective of remaining affordable, offering quality housing finance solutions, and at the same time not compromising on good financial health, Indiabulls Housing Finance Ltd continues to evolve to be well-positioned within the rapidly changing landscape of finances.

Financial Performance of Sammaan Capital Limited

Investors closely monitor quarterly results as they have an impact on the Sammaan share price. Here is the financial performance of the company. 

• The company’s net sales have risen to Rs 2,206.67 crore for June 2024 from Rs 1,900.38 crores in June 2023, an increase of 16.12%.
• The company has delivered Rs 326.76 crore in quarterly net profit for June 2024. Growth in that area is also further ahead at 11% as against Rs 294.39 crore in June 2023.
• EBITDA was at Rs 1,765.14 crore for June 2024, modestly declining by 0.2% as against Rs 1,768.64 crore in June 2023.

For specific details related to the Sammaan share price NSE India, visit the NSE India website for accurate and up-to-date information. The Sammaan share price BSE is available on the Bombay Stock Exchange's website, providing investors with the latest trading data.

Key Personnel of Sammaan Capital 

• Mr. Subhash Sheoratan Mundra is the Non-Executive Independent Chairman of the company, with a distinguished background being former Deputy Governor of the Reserve Bank of India.
• Mr. Achuthan Siddharth is an Independent Director and Chairman of the Audit Committee. Formerly a Partner at Deloitte, Haskins & Sells.
• Mr. Satish Chand Mathur is a retired Indian Police Service officer. Independent Director, good experience in police with law enforcement exposure.
• Mr. Dinabandhu Mohapatra is a former MD & CEO of Bank of India. He is an Independent Director, an independent director with rich experience in the banking sector.
• Mr. Rajiv Gupta is an LIC Nominee Director and currently serves as a Director & CEO of LICHFL Asset Management Company Limited.
• Ms. Shefali Shah is an Independent Director, retired IRS officer, having direct experience of income tax administration.
• Mr. Gagan Banga is the Vice Chairman and Managing Director of Sammaan Capital Limited. The person has, in the past, proved himself to be of successful quality in the finance sector.
• Mr. Sachin Chaudhary is the Chief Operating Officer of Sammaan Capital Limited with over 25 years of mortgage industry exposure.
• Mr. Dinabandhu Mohapatra is also the Chairman of the ESG committee, who deals with matters of environment, social and governance.