Whalesbook
IHC bana Sammaan Capital ka Naya Baap!
International Holding Company (IHC) ne officially Sammaan Capital ko apne control mein le liya hai. Unki subsidiary, Avenir Investment RSC Ltd, ne ₹8,850 Crore ka investment karke Sammaan Capital (pehla naam Indiabulls Housing Finance tha) ke promoter aur controlling shareholder ban gaye hain. Yeh India ke Non-Banking Financial Company (NBFC) sector mein sabse bade foreign investments mein se ek hai. Is deal ka maksad Sammaan Capital ko strong karna aur unke business ko expand karna hai.
Investment ke baad bhi Share kyu gira?
Itna bada paisa aane ke baad bhi, Sammaan Capital ka share Friday ko 0.73% gir kar ₹142.08 par band hua. Market mein thoda caution dikh raha hai, investors abhi bhi long-term effects soch rahe hain. Company ka market cap around ₹16,584 Crore hai aur P/E ratio lagbhag 12.70x hai.
NBFC Sector ki Charcha
India ka NBFC sector toh waise bhi tezi se badh raha hai. March 2027 tak iska assets under management ₹50 lakh Crore tak pahunchne ka andaaza hai, FY26 mein 15-17% growth pakki hai. MSMEs aur retail se demand achhi hai, bas kuch areas mein loan quality ko lekar chinta hai.
Sammaan Capital ka Record Scorecard
IHC ke saath aane se Sammaan Capital ko fayda ho sakta hai, par company ka khud ka record mila-jula hai. December 2025 tak, unke Gross Non-Performing Assets (GNPAs) kam ho kar 1.21% ho gaye hain (pehle 2.68% the). Lekin, net sales 3.35% annualized kam hui hai aur operating profit 5.08% gira hai medium term mein. Competitors ki baat karein toh Sammaan Capital ka P/E ratio 12.70x hai, jo LIC Housing Finance ke 5.60x se kaafi zyada hai. Return on Equity (ROE) bhi sirf 5.67% hai.
Pichle saal ka Haal aur Analysts ka Opinion
Stock ne pichhle ek saal mein -25.82% ka return diya hai. Aur toh aur, is deal se kuch din pehle hi kuch analysts ne valuation concerns ke karan isko 'Sell' rating de di thi.
Future ka Plan aur Chinta
IHC ka ₹8,850 Crore ka investment bahut bada hai, par investors ko company ki financial health par dhyaan dena hoga. IHC September 2027 tak 41.24% se 63.3% tak stake le sakti hai. Company ka aim hai ki woh balance sheet aur distribution network ko behtar banaye. NBFC sector grow karega, par Sammaan Capital kaise is paisa aur strategy ko profit mein badalta hai, yeh dekhna hoga.