Jefferies has issued a Buy rating for Can Fin Homes , establishing a target price of ₹1,140.00 per share. The recommendation indicates the global brokerage firm's positive outlook on the housing finance company's stock performance.

Brokerage Recommendation Details

The investment recommendation comes with specific parameters that investors should consider:

Investment Implications

The Buy rating from Jefferies suggests confidence in Can Fin Homes' business fundamentals and growth prospects. Target prices typically reflect analysts' expectations based on various financial metrics and market conditions. For existing shareholders and potential investors, this recommendation provides insight into professional market assessment of the company's valuation and future performance potential.

Investors should consider this recommendation alongside their own research and risk tolerance when making investment decisions. Brokerage recommendations serve as one factor in the broader investment analysis process.

Can Fin Homes Limited has announced strong financial results for the third quarter ended December 31, 2025, demonstrating robust growth across key performance metrics. The housing finance company, sponsored by Canara Bank, reported significant improvements in profitability and operational efficiency during the quarter.

Financial Performance Highlights

The company's financial performance for Q3FY26 showed substantial growth compared to the corresponding quarter in the previous year:

The company's total income from operations reached ₹1,073.16 crores in Q3FY26, representing an 8.8% increase from ₹986.15 crores recorded in Q3FY25. Net profit after tax grew by 24.8% to ₹264.78 crores compared to ₹212.12 crores in the same quarter last year.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Can Fin Homes maintained strong momentum:

The nine-month results demonstrated consistent performance with total income growing 9.1% to ₹3,143.02 crores from ₹2,879.97 crores in the corresponding period last year. Net profit after tax for the nine-month period increased by 18.7% to ₹740.08 crores.

Balance Sheet Strength

The company's balance sheet metrics reflected improved financial health:

The debt-equity ratio improved to 6.55 from 7.08 in the previous year, indicating better capital structure management. Outstanding debt stood at ₹36,915.12 crores compared to ₹34,224.31 crores in the corresponding period last year.

Corporate Actions and Governance

The Board of Directors declared an interim dividend of ₹7 per equity share of face value ₹2 each at their meeting held on December 15, 2025, which was subsequently paid to shareholders. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 17, 2026.

The results have been subjected to limited review by the Joint Statutory Central Auditors of the company in compliance with SEBI Listing Regulations. The company maintains its paid-up equity share capital at ₹26.63 crores with a face value of ₹2 per share, keeping the equity base stable.