Sammaan Capital Ltd (Formerly Indiabulls Housing Finance): Share Update & Strategic Overview
Sammaan Capital Ltd, a Gurugram‑based housing finance and mortgage company formerly known as Indiabulls Housing Finance, has seen volatile share performance and evolving business dynamics recently.
📉 Recent Share Price Trend
- On July 4, 2025, Sammaan Capital shares fell ~5.6%, continuing a four‑day losing streak totaling ~7.7%, underperforming both Sensex and its industry peers.
- The stock closed around ₹130 on BSE/NSE, trading near its short-term moving averages but below key resistance levels like the 5‑day and 200‑day MAs.
đź“Š Q1 FY25 Financial Snapshot
- For Q1 FY25 (April–June), revenue stood at ₹2,207 crore (flat QoQ), while net profit rose slightly to ₹327 crore (+2.4% QoQ).
- Operating income improved to ₹1,716 crore (+2.6%), though net interest cost remained high—interest expense totaled ₹971 crore (~56% of revenue).
🏦 Business Overview & Rebranding
- Sammaan Capital, incorporated in 2005, operates in home, property and corporate mortgage financing with an asset-light model and partnerships across eight co-lending platforms.
- The company formally rebranded from Indiabulls Housing Finance to Sammaan Capital in March–August 2024 to reflect its diversified ownership and governance focus.
🔍 Valuation & Financial Metrics
- Over the past year, the stock has declined ~25% versus Sensex’s 4% gain; 52‑week range stands at ₹97.8–179.3.
- Screener flags weak performance: 5‑year sales down ~8% annually; ROE under 1%.
- SimplyWallSt notes poor earnings and revenue compounded by high interest costs—interest consumes over half of revenue.
