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7 Best NBFCs Stocks To Invest In India 2021
Non-Banking Financial Company (NBFCs) are not banks, but they engage in lending and other operations similar to banks, such as offering loans and advances, credit facilities, savings and investment products, money market trading, stock portfolio management, and money transfer, among other things. NBFCs aren't part of the payment and settlement system, so they can't write checks drawn on themselves. Infrastructure, micro, small, and medium companies are some of the areas that NBFCs cover in India. In comparison to banks, NBFCs are frequently used by borrowers since they are more efficient in providing financial needs.
NBFC is divided into three categories, Asset Companies, Loan Companies, and Investment Companies.
7 Best NBFCs Stocks To Invest In India 2021
| Company | Current Price(June 30) | MARKET CAP in Rs. | P/E | DIV. YIELD |
| Power Finance Corporation Limited | 129.25 | 34,123.05 Cr | 4.04 | 7.7% |
| Shriram Transport Finance Company Limited | 1,354 | 36,158.23 Cr | 14.54 | 1.33% |
| HDFC | 2,485 | 4,48,729.68 Cr | 37.31 | 0.93% |
| Muthoot Finance | 1,479.80 | 59,369.49 Cr | 15.95 | 1.02% |
| Bajaj Finance Ltd. | 6,073.50 | 3,66,593.03 Cr. | 92.68 | 0.16% |
| LIC Housing Finance Ltd | 470.65 | 23,751.96 Cr | 8.69 | 1.8% |
| Aditya Birla Capital Ltd | 117.50 | 28,381.43 Cr. | 388.69 | 0% |
Power Finance Corporation Limited
PFC is India's largest non-banking financial company (NBFC) and infrastructure finance firm. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) both list PFC (NSE). It is also an ISO 9001:2000 accredited firm with the Indian designation of Navratna Company. The stock is currently trading at 0.54 times its book value. The company's advances growth ratio is 18.59 percent, which is well-maintained. The promoters own 55.99 percent of the company.
Shriram Transport Finance Company Limited
The Shriram Transport Finance Company Ltd. was founded in 1979. Its share price presently is 1367.35. It currently has a market capitalization of Rs 36514.74 crore. The company reported gross sales of Rs. 174215.2 crores and total income of Rs. 174473.6 crores in the most recent quarter. It is traded on the BSE under the symbol 511218, the NSE under the symbol SRTRANSFIN, and the ISIN is INE721A01013. Over a three-year period, the stock returned -6.82 percent, compared to Nifty Financial Services, which returned 48.3 percent
HDFC
In 1977, Housing Development Finance Corporation Ltd. was established. Its share price currently is 2507.6. It currently has a market capitalization of Rs 452810.68 crore. The company reported gross sales of Rs. 481522.6 crores and a total income of Rs. 481783.8 crores in the most recent quarter. The profit margin has increased by 8.03 percent. The company's advanced growth ratio is 18.45 percent, which is well-maintained. Over a three-year period, the stock returned 32.5 percent, compared to Nifty Financial Services, which returned 48.3 percent.
Bajaj Finance
Bajaj Finance Ltd., founded in 1987, is a Large Cap business in the NBFC industry with a market capitalization of Rs 363,784.99 crore. In the last three years, the company has maintained a good ROA of 3.82 percent. The company has a 20.29 percent Return on Equity (ROE) track record. Over a three-year period, the stock achieved a 167.1 percent return, compared to 48.3 percent for Nifty Financial Services. Over the last three years, the company has experienced significant profit growth of 0%.
Muthoot Finance
Muthoot Finance Ltd., founded in 1997, is a Large Cap business in the NBFC sector with a market capitalization of Rs 59,776.18 crore. Over a three-year period, the stock generated a return of 296.73 percent, compared to 48.3 percent for Nifty Financial Services.
The profit margin has increased by 5.96 percent. In the last three years, the company has maintained a good ROA of 6.09 percent. Since the last three years, the company has maintained a respectable ROCE of 16.40 percent. Over the last three years, the company's operating income has increased significantly.
LIC Housing Finance
LIC Housing Finance Ltd., founded in 1989, is a Large Cap business in the NBFC sector with a market capitalization of Rs 23,628.32 crore. Over a three-year period, the stock returned -0.55 percent, compared to Nifty Financial Services, which returned 48.3 percent. The stock is currently trading at 0.65 times its book value. The company's advanced growth ratio is 15.37 percent, which is well-maintained.
Aditya Birla Finance Ltd
The company Aditya Birla Capital Ltd. was founded in 2007. Its share price presently is 118.45. It currently has a market capitalization of Rs 28610.9 crore. The company reported gross sales of Rs. 1998.2 crores and total income of Rs.2013.3 crores in the most recent quarter. The profit margin has increased by 20.25 percent. The stock is currently trading at 1.10 times its book value. Over the last three years, the company's operating income has increased significantly.
Disclaimer
Our content is designed for and must be used solely for the purpose of providing information and education. Before making any investment based on your own unique circumstances, it is critical to conduct your own analysis.
