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Motilal Oswal Home Finance Limited (Aspire Home Finance)

Motilal Oswal Home Finance Limited (Aspire Home Finance)

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Motilal Oswal Home Finance Limited (Aspire Home Finance)

Face Value 1
ISIN No INE658R01011

You Can Buy The Below Quantity From Us By Clicking On “Buy Now” Or For More & Bulk Quantity, You Can Contact Us On: 02249369990 / 09867572101 / 09987204585
ID Face Value Quantity Rate Amount Mode Minimum Lot Size  
1010275 1 4000 Rs 14.80 Rs 59,200.00 Rs Demat 1000

Company Information

Motilal Oswal Home Finance Limited Unlisted Shares

Board of Directors

Chairman & Non-Executive Director

: Mr. Motilal Oswal

Managing Director & CEO

: Mr. Arvind Hali

Non-Executive Director

: Mr. Raamdeo Agarawal

Non-Executive Director

: Mr. Navin Agarwal

Independent Director

: Mr. Sanjaya Kulkarni

Independent Director

: Mrs. Divya Momaya


Background

Motilal Oswal Home Finance Limited (MOHFL), a subsidiary of Motilal Oswal Financial Services Limited, is a Public incorporated on 01 October 2013. Its major focus is to provide home loans to individuals and families for purchase, construction and extension of house. MOHFL also provides loans for repair and renovation of houses and home loans to families in the new to credit, self-employed, cash salaried category where formal income proofs, Credit Bureau reports are not easily available, and the repayment capacity of such families is appraised based on their cash flows and Internal Score Cards.

Currently, MOHFL is operating in Nine states – Maharashtra, Gujarat, Madhya Pradesh, Karnataka, Rajasthan, Chhattisgarh, Tamil Nadu, Telangana, and Andhra Pradesh. MOHFL now has 104 Branches across these nine states.

Company Highlights

1) Association with MOFSL benefits the company in term of raising resources.

2) Capital Adequacy Ratio stand at 48% and the company plans to maintain its capital adequacy well above the norms prescribed by the regulator.

3) AUM of the company increased by 1.67% in FY21 compared to previous year.

4) Despite of the pandemic company is able to increase its bottom-line by 2.95% in FY21 compare to FY20.

5) The loan book stood at 3459.64 as of 31st March 2021.


Financial Performance

- Loan book stands at Rs. 3,512 Crores as on 31st March, 2021

- Net Worth Rs. 910 Crores as on 31st March, 2021

- Profit stood at Rs. 40 Crores during FY21

- NIM – 6.1%, Spread – 5.1%

- GNPA – 2.2% and NNPA – 1.5%

- Provision coverage – 92%

- Net Debt to Equity – 2.8x

- Cost to Income – 33%

- Capital adequacy – 50%


Registered Office

Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel St Depot, Prabhadevi, Mumbai- 400 025


INCORPORATION YEAR

: 2013

WEBSITE

: www.motilaloswalhf.com

EMAIL

: corpsec@motilaloswal.com

CIN NO.

: U65923MH2013PLC248741

ISIN NO.

: INE658R01011

SECTOR

: Home Finance

FACE VALUE

: Re. 1

PROMOTER HOLDING

: 97.94%


Financial Information for Last Three Years (Rupees in Crore)

Particulars

2021

2020

2019

Equity Capital

601.78

601.30

600.87

Reserve & Surplus

307.75

266.08

225.74

Net Worth

909.54

867.39

826.61

Book Value Per Share Rs.

1.51

1.44

1.38

Total Income

545.52

576.44

648.41

Profit

40.23

39.08

-136.88

EPS

0.07

0.07

-0.23


Annual Report of Motilal Oswal Home Finance Limited

Motilal Oswal Home Finance Limited Annual Report 2021

Motilal Oswal Home Finance Limited Annual Report 2020

Motilal Oswal Home Finance Limited Annual Report 2019