Whalesbook
Analyst ne kyu bola 'BUY'?
Systematix ke analysts ka kehna hai ki Tata Capital abhi kaafi attractive valuations par mil raha hai. Unhone stock ke liye ₹400 ka target price diya hai, jo current market price se lagbhag 30% zyada hai. Aisa lagta hai ki broker ko ismein long-term potential dikh raha hai.
IPO Price se neeche kyu hai?
Yaad hai na, Tata Capital October 2025 mein IPO laaya tha ₹326 ke price par. Tab se stock uss price ko cross nahi kar paaya hai. Halanki, analysts ko Tata Group ke is financial arm ki future prospects bahut strong lag rahi hain. Iska Tata Sons se judav iski profitability aur steady growth mein help karega.
Company kitni badi hai?
Yeh Tata Sons ki subsidiary hai aur ek top diversified NBFC hai jiska Assets Under Management (AUM) ₹2.6 Trillion hai (9MFY26 tak). Iske paas CRISIL AAA rating hai, jisse isko market mein accha trust milta hai aur funding bhi aasani se mil jaati hai.
Growth aur Profit ka kya scene hai?
Analysts expect kar rahe hain ki Tata Motors Finance ke integration aur kuch internal changes ke baad, Tata Capital ek stable growth phase mein enter karega. Isse margins bhi improve hone ki umeed hai. Systematix ka forecast hai ki FY26 se FY28 tak AUM mein 23% CAGR aur EPS mein 37% CAGR se growth ho sakti hai. FY28 tak Profit After Tax (PAT) consensus estimates se 5-8% tak zyada ho sakta hai, kyonki credit costs kam rahenge aur growth solid rahegi.
Loan Portfolio kitna safe hai?
Company ka loan book kaafi diversified hai. Retail loans 60%, SME loans 27%, aur Corporate loans 13% hain. Koi ek product 20% se zyada nahi hai, aur lagbhag 79% loan secured hain, toh asset quality stable rehne ki ummeed hai.
Housing Finance ka role?
Iska wholly-owned subsidiary, Tata Capital Housing Finance (TCHFL), ek important growth driver banne wala hai. TCHFL India ki fourth largest housing finance company hai, jiska loan book ₹816 Billion hai. Management ko lagta hai ki yeh segment overall loan book se bhi tezi se badhega.
Kya Risks ho sakte hain?
Bas kuch risks hain, jaise global tensions jo economy par impact kar sakte hain, crude oil prices badhne se vehicle finance ki asset quality par asar aur market mein badhti competition.