The way u are doing this n increasing ur quality of content day by day is marvellous n superb..... first time i watched ur video, it was like "What does he teach in so much detail?" But now hats off to you Ishmohit n ur creation SOIC.... I'm recommending ur channel to friends n family n it's been a year n half since I'm ur viewer. Thanks a lot!
The Business Transfer risk will always be there IMO as normally the duration of Housing Loans span from 10 years to 20 years and nobody would like to give a 12-14% interest on their Loan that I can say from personal experience...as we took a housing loan back in 2015 from Magma Fincorp at 18% p.a. interest rate for 20 years! (we did not have any credit score) after one year we transferred the loan to DHFL at 9.5%! later in 2019 we further switched our Loan to Axis Bank at 7.8-8% p.a.! Great Video team SOIC...👌 For the next video, my pick would be Trent Ltd.
Ishmohit can you share some analysis on why many HFCs have failed in the last decade, repco finance, pnb housing, ibull housing dhfl and what triggered their downfall
I have a small suggestion for you Ishmohit - in the excel sheet prepared for P2P analysis - the next time - please keep a single column for a single company. For very long it optically seemed like I was looking at Yields and Spreads of Aavas - only to later realise that it was Aptus. Hope you got my point! Besides, great content!! Thanks for educating even us (Chartered accountants) of what we ideally should have known! :)
came aross your channel for the first time today and am amazed to see the level of depth you guys go in on a video o industry analysis for free.. great work !
Considering all the parameters, Home First Finance appears to be a good pick. The company has a small equity base and has given consecutively good results after getting listed. Potential of handsome returns !
Satyam computer services scam happened in past. The promoters exaggerated the company's revenue, cash and profit unlawfully. But when the scam unravelled the investors had nothing in hand. Eroded 78% of stock value in one day. How to avoid and detect this type of fraud? Please make a video particularly how to detect irregularities in financial statements?? Please please. Its very urgent for retail invetors as we always make a decision to pick stock on the basis of financial statements.
We've done a detailed workshop on Forensic Analysis which includes a checklist and spreadsheet with accounting scores of 250+ companies. This is a part of the SOIC Membership.
According to me, the reason for the increase in the shares of the bank is that when the value of something is 100 and the bank gives a loan of more than 120, the bank grows quickly...
Excellent analysis, I had also analysed all 3. I had asked them on why their leverage is so low, the answer was it affects their credit rating and therefore cost of funds. Next Manyavar sir
Very Good Analysis. I am invested in Aavas and Home first through my PMS. BUT After hearing your analysis I am sure that my PMS manager has taken right decision in investing in both these company. 👍
I am just little sceptical about aptus just due to the market they follow is very close to equitas and with little history build and better rate due to lower cost they can easily attract the customers. Somewhat similar may also happen if small finance Bank start to flourish and that can also be seen in west bengal side where bandhan Bank have scaled and used his small finance loan book to totally destroy the competition and have seen that not many nbfc have been that good in that region. In case of avaas the main risk is au if they try to go to destroy there own past can be a risk but i doubt they will even try and they have bigger ponds to target in my opinion.
One more very well researched analysis by you sir. All of your content are very deeply researched and presented in a very understandable manner. I have been following you since last 2 years and my journey of investment is very nice due to you till date. One request from my side to please make a video on personal finance management for a salaried person who can not give much time towards market... to invest mutual funds, stocks directly etc... it will be very beneficial for all your viewers. Thank you
Thank you for watching our videos. We are grateful for your kind feedback and support. We're glad to know that our work has been relevant to you and is hopefully useful and continues to add value. 🙏 We'll see what we can do in this regard. Please give us some time, we have a project that's in the work. Hopefully it'll align with your request. 😃🤞 However, we can't give any buy/sell/hold investment advice, suggestions or recommendations since we're registered with SEBI. 🙏
We're glad to know you find our work informative and insightful. Thank you for watching our videos. 😃 We hope to continue adding value to your investing journey. 🤜
Excellent video. You have addressed all the aspects of this sector well. One thing which was missing relates to the very low capital leverage. You should highlight this in future and see this in connection with the relatively high risk nature of business. I say this because failing to account for this causes mispricing in such companies on both sides. As of now Aavas is trading well below it's IPO P/B multiples. Correction may be driven by slower business momentum and margin pressures.
Great Video 🙏😊 Thank you so much... Just to understand the reason, why don't you share also the valuations analysis with YT community? It will complete this analysis. Thanks again for the excellent content !!
Great learning mainly asset quality explanation which is the key for any housing finance business. Very well explain what matters in this sector. you provided here a full picture in this small video for which might take atleast 2-3 days for me. Thanks and keep going what you and your team are doing.
Wow. Before watching this video, I knew nothing about housing finance companies. Now I can at least be able to have some basic conversation about them.
Amazing analysis 🔥For next video, I would like to see an analysis and comparison of ABFRL, Vedant fashion and Trent. Fashion retail sector looks very interesting and compelling to me but I am unable to understand in case of ABFRL that despite having such a big and strong brand portfolio, why the company has not been able to generate exceptional profits. Can a variant perception play out in this company?
trent trent bcuz expansion scale of trent both digital & offline has gained great mass attention by consumer's trentt thinin abt this one for almost 2 months bt the downsides & loops regarding westside >>
I totally understood the sector and terminology of the sector, because I personally on daily basis process and sanction the home loan to our customers. Maybe this is what we call circle of competence. Thank you SOIC. I am a Proud SOIC tribe member.
Thanks a lot for watching our videos and for being a part of the SOIC tribe. We're glad to know you could relate to the industry analysis and hopefuly we will continue to add value to you. :)
Hi Ishmohit….Firstly, thanks for another great video….Ishmohit, I could not find from where did you picked the data for creating valuation tree? Was it there in SOIC course and I missed something there?
Little bit biased towards Aaavas, but Aptua also on my radar. Would request to make video on Vedant fashion, good return ratios. As always great video 👍
The way u are doing this n increasing ur quality of content day by day is marvellous n superb..... first time i watched ur video, it was like "What does he teach in so much detail?" But now hats off to you Ishmohit n ur creation SOIC.... I'm recommending ur channel to friends n family n it's been a year n half since I'm ur viewer. Thanks a lot!
Thank you so much 😀
The Business Transfer risk will always be there IMO as normally the duration of Housing Loans span from 10 years to 20 years and nobody would like to give a 12-14% interest on their Loan that I can say from personal experience...as we took a housing loan back in 2015 from Magma Fincorp at 18% p.a. interest rate for 20 years! (we did not have any credit score) after one year we transferred the loan to DHFL at 9.5%! later in 2019 we further switched our Loan to Axis Bank at 7.8-8% p.a.!
Great Video team SOIC...👌
For the next video, my pick would be Trent Ltd.
I'm amazed how SOIC keeps their quality bars so high and keeps delivery quality content each week.
Thank you for your kind feedback. We are glad to know that you enjoy learning with us. 😃🙏💯
Nn
Mkkk
m
Ishmohit can you share some analysis on why many HFCs have failed in the last decade, repco finance, pnb housing, ibull housing dhfl and what triggered their downfall
Simple answer:- developer loans and Alm mismatches
Asset quality was bad ig not sure
High developer loans+
High Commercial Paper Borrowings+
Asset Liability Mismatch+
Wanting to grow too fast
@@SOICfinance how about Repco ?
I have a small suggestion for you Ishmohit - in the excel sheet prepared for P2P analysis - the next time - please keep a single column for a single company. For very long it optically seemed like I was looking at Yields and Spreads of Aavas - only to later realise that it was Aptus. Hope you got my point! Besides, great content!! Thanks for educating even us (Chartered accountants) of what we ideally should have known! :)
came aross your channel for the first time today and am amazed to see the level of depth you guys go in on a video o industry analysis for free.. great work !
Awesome, thank you!
Finally I finished this in 3rd attempt… absolutely quality and transparency from yet again by soic
Considering all the parameters, Home First Finance appears to be a good pick. The company has a small equity base and has given consecutively good results after getting listed. Potential of handsome returns !
Thanks for watching our video. 😃
As always, please conduct your research before taking any investing decisions.
We hope to continue adding value. 🙏
Useful & helpful insight on affordable housing segment especially aptus which I acquired through IPO but panicked & sold after one month 👍
Thanks for watching our video. We are glad to know it was informative and hopefully enjoyable for you to learn with us. 😃💯
Satyam computer services scam happened in past. The promoters exaggerated the company's revenue, cash and profit unlawfully. But when the scam unravelled the investors had nothing in hand. Eroded 78% of stock value in one day. How to avoid and detect this type of fraud? Please make a video particularly how to detect irregularities in financial statements?? Please please. Its very urgent for retail invetors as we always make a decision to pick stock on the basis of financial statements.
We've done a detailed workshop on Forensic Analysis which includes a checklist and spreadsheet with accounting scores of 250+ companies. This is a part of the SOIC Membership.
According to me, the reason for the increase in the shares of the bank is that when the value of something is 100 and the bank gives a loan of more than 120, the bank grows quickly...
Excellent analysis, I had also analysed all 3. I had asked them on why their leverage is so low, the answer was it affects their credit rating and therefore cost of funds. Next Manyavar sir
Thanks for watching our video and sharing your findings with us. 😃
We'll consider your input for the upcoming analysis. 👍
Thanks a ton Ishmohit for bringing out this webinar on affordable housing...was much needed!!😊🤓
Thank you for watching our video. We hope you found it enjoyable to learn with us. 💯
Very Good Analysis. I am invested in Aavas and Home first through my PMS. BUT After hearing your analysis I am sure that my PMS manager has taken right decision in investing in both these company. 👍
Great to hear!
Hi… how much wealth have u made in aavaas in this time interval? Do guide … u were really appreciative at that time
I am just little sceptical about aptus just due to the market they follow is very close to equitas and with little history build and better rate due to lower cost they can easily attract the customers.
Somewhat similar may also happen if small finance Bank start to flourish and that can also be seen in west bengal side where bandhan Bank have scaled and used his small finance loan book to totally destroy the competition and have seen that not many nbfc have been that good in that region.
In case of avaas the main risk is au if they try to go to destroy there own past can be a risk but i doubt they will even try and they have bigger ponds to target in my opinion.
Thanks for the analysis... I have invested in Aavas.... And start investing in trent.... So my recommendation is Trent
Thanks for watching our video. 😃
We'll consider your input for the upcoming analysis. 👍
One more very well researched analysis by you sir.
All of your content are very deeply researched and presented in a very understandable manner. I have been following you since last 2 years and my journey of investment is very nice due to you till date.
One request from my side to please make a video on personal finance management for a salaried person who can not give much time towards market... to invest mutual funds, stocks directly etc... it will be very beneficial for all your viewers. Thank you
Thank you for watching our videos. We are grateful for your kind feedback and support.
We're glad to know that our work has been relevant to you and is hopefully useful and continues to add value. 🙏
We'll see what we can do in this regard. Please give us some time, we have a project that's in the work. Hopefully it'll align with your request. 😃🤞
However, we can't give any buy/sell/hold investment advice, suggestions or recommendations since we're registered with SEBI. 🙏
This is what I love about your channel every weekend new learning
You are an intelligent investor, and guide 👍🏼👍🏼
Ishmohit ❤️
We're glad to know you find our work informative and insightful. Thank you for watching our videos. 😃 We hope to continue adding value to your investing journey. 🤜
We are fortunate to have you as our mentor. Thank you very much...
Sir your view on SBI cards and payments.
Please share...
Excellent video. You have addressed all the aspects of this sector well. One thing which was missing relates to the very low capital leverage. You should highlight this in future and see this in connection with the relatively high risk nature of business. I say this because failing to account for this causes mispricing in such companies on both sides. As of now Aavas is trading well below it's IPO P/B multiples. Correction may be driven by slower business momentum and margin pressures.
We have highlighted the most important pointers here. Thanks for your feedback. We will keep coming up with great insights.
On whatsoever topic u make the video. Our knowledge is going to be more n more sharp. SOICian... 💐👍👌
Great Video 🙏😊 Thank you so much... Just to understand the reason, why don't you share also the valuations analysis with YT community? It will complete this analysis. Thanks again for the excellent content !!
It makes the videos longer and we've made it exclusively part of the SOIC Membership. 😃🙏
Best analysis with great effort.. thanks for this video.
Thanks for watching! Glad you found it informative. 💯
Great learning mainly asset quality explanation which is the key for any housing finance business. Very well explain what matters in this sector. you provided here a full picture in this small video for which might take atleast 2-3 days for me. Thanks and keep going what you and your team are doing.
Glad it was helpful!
Screener is looking good, I am saving up, soon I will join the membership. 🙏
We'll be glad to have you as a part of the SOIC Community. 😃
Thanks for ISHMOHIT for best analysis by VDO
Thank you for your feedback. 😃🙏
We hope you enjoy learning with us and give us the opportunity to add value.
Excellent Inputs Ishmohit Brother 🙏 🙏 You are doing great job for all the investors... Keep it up 💐💐💐💐
Thank you for watching our video. We appreciate your support for our work. We hope you continue enjoying learning with us. 😃💯
Wow. Before watching this video, I knew nothing about housing finance companies. Now I can at least be able to have some basic conversation about them.
What about star housing Finance?
Amazing analysis 🔥For next video, I would like to see an analysis and comparison of ABFRL, Vedant fashion and Trent. Fashion retail sector looks very interesting and compelling to me but I am unable to understand in case of ABFRL that despite having such a big and strong brand portfolio, why the company has not been able to generate exceptional profits. Can a variant perception play out in this company?
Yes whole sector would be better
Bajaj finance mei dalo..ye subb choti moti companies fraud ka adda h
Ur views on abfrl ?
Definitely paaji , vedant fashions 🙏🙏🙏
Can we get a comparison of Vedant Fashions and Trent ? It would be super helpful !
They looks similar on paper but target very different market.
One is purely a ethnic brand while other is a more casual and others brand
Thanks for your suggestion, we'll see what we can do. 😃👍
trent trent
bcuz expansion scale of trent both digital & offline has gained great mass attention by consumer's trentt thinin abt this one for almost 2 months bt the downsides & loops regarding westside >>
Thanks for sharing your input. We'll see what we can do. 👍
Sunday ko maza aa jata bhai aapka video dekhke Mohitji
😃🙏
Once again another super duper quality analysis from IMO, hats off to you 👍👌❤️
Thank you. 😃🙏
Lot of thnx sir 🙏🌹for spreading free knowledge to small investor like me.....Hope you will reduce class fee for small investor.....
Warburg Pincus loves all 'First'.... Home First , IDFC First Bank...
Even India First Life Insurance
bahut sahi video!!!...detailed and p2p analysis
We're glad you're enjoying learning with us. Thank you for watching our videos. 👌😃
Excellent presentation with so much of knowledge. Thanks. Next video on Trent
Thanks for watching our video, we appreciate your kind feedback. 😃🙏
We'll consider your input for the upcoming analysis. 👍
Always learning from your videos .. Roa tree and roe Bhi demag main fit ho gaya Hai.. 😉
We are Still waiting for Reliance Analysis ...
Very informative video Ishmohit. Would love to listen you speak about TRENT
Thanks for watching our video. 😃
We'll consider your input. 👍
Please check the Community page for updates.
Trent par video banayen aur vedanta se compare bhi karen. Business is cyclic or not?
We'll consider your suggestions and see what we can do. 🙏
Hi Ishmohit,
Thank you for sharing amazing inputs on HFCs. Can you please share your views on Canfin homes?
Thanks
Why interst rates in affordable housing sector are more ???? Any logical answer supported by data pl .
Thank you soic for make better sunday 🙏🙏🙏🙏
Thank you for your kind words of encouragement. We hope you enjoy learning with us. 😃💯
Kindly make a study comparing BAJAJ FINANCE & MUTHOOT business model.
Your analysis is next level❤️
Thank you for watching our video. 😃🙏
Hi any reason for not considering Canfin Homes into the mix?
Hey SOIC team, Isn't IIFL Finance also focusing on affordable housing finance?
Thanks for educating us.. Hdfc also taken loan from EU to spend on affordable homeloans.
bhai aap ka knowledge kamaal ka hai🤘🙏👌
🙏
Thanks a lot Ishmohit for another detailed sectoral analysis. Trent would be preferable
Thanks for watching our video. 😃🙏
We'll consider your suggestion. 👍
Liked the miniature model in grey coat! Is it a depiction of you ?
Yes, a student sent it to us. 😃
Mind blowing🤯 analysis sir 🙏proud of soic
Thank you for your kind support for our channel and our work. We hope to continue adding value. 😃🙏
Great video which was an eye opener for me. Thank you Ishmohit for the hardwork done. Please make video on Trent
love u paaji 😘😘😘
🙏
Gr8 analysis ismohit! But how to figure out the Corp gov issues that may happen in these companies??
Simple illustration with all data,
Good going,
Thanks to these analysis you are right about aavas recent
Happy Guru Purnima soic paaji 🙏🙏💲
Hi
Sir
What is your take about Biocon. Company is buying biosimilar business for Rs 25000 crore.
I totally understood the sector and terminology of the sector, because I personally on daily basis process and sanction the home loan to our customers. Maybe this is what we call circle of competence. Thank you SOIC. I am a Proud SOIC tribe member.
Thanks a lot for watching our videos and for being a part of the SOIC tribe. We're glad to know you could relate to the industry analysis and hopefuly we will continue to add value to you. :)
Good comparison 👍
Informative, lucid ! Great work!
Thank you. 😃🙏
Hi Ishmohit….Firstly, thanks for another great video….Ishmohit, I could not find from where did you picked the data for creating valuation tree? Was it there in SOIC course and I missed something there?
Hi Ishmit Can you prepare a video on Rajesh exports as data available online is low
Like management response
No..poor accounting practices. Won't ever cover
Very insightful... knowledge... Deep dive video 💯
I think it's going to be training/recruitment sector.
Those who have taken the membership...Can you please give a review on the intensive course , Would be very helpful. Thanks 🙏🏼
learn.soic.in/learn/home/SOIC-Course/reviews
Thanks for this amazing & different analysis 😇🙏🤘🔥
Glad to know you enjoyed learning with us. Hope to continue adding value through different content. 😃🙏
Thanks for HFC analysis . Next one Trent ltd plzz
Thank you for watching our video.
We'll consider your input for the upcoming analysis. 👍
Can PSP Projects be an proxy play since they are L1 contractor for affordable housing in Gujarat and UP?
Would love to see business analysis of trent as they have Zara, fastest fashion brand.
We'll consider your suggestion. 👍
Please check the Community page on our channel for updates.
Ishmohit Ji... please make video on "Vedant Fashion".
Thank you for watching our videos. 😃
Please check our channel's Community page for updates. 👍
Hum comparison video dekhna chahenge Vedant aur Trent ka 🤓🤓🤓
one words. spectacular
Thank you. 😃🙏💯
Brilliant Brilliant Brilliant is all I can say!
Thank you for this case study🙏
Vedant fashion
Thank you for watching our videos. 😃 Please check our channel's Community page for updates about upcoming analyses. 👍
Excellent fundamental analysis.. thanks…
Please advise free floating stock, ustd it is around 5 % ? Please confirm
Thanks SOIC for this analysis 👌
Thanks for watching our video. We hope it was insightful. 😃🙏
Great session Ishmohit. Can you pls cover co-lending space as well?
I would like to understand Vedant fashion
Sir your view on Hair oil segment and Bajaj Consumer. It is looking very cheap. Is it dying Industry?
Comparison of Trent & vedant fashion
We'll consider your input for the upcoming analysis. 👍
Ishmohit sir superb. Please Trent par video banaiyre.
🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
Both, Vedant and Trent
Thank you for watching our video. 😃
Please check the Community page for updates. 👍
Loved the session
Glad to know! 😃💯
Beautiful analysis of the affordable housing sector. Does this sector enjoy any benefit from Pradhan Mantri Abas yojna?
It does :)
@@SOICfinance Thank you.
I did a grave mistake by, buying LIC HSG FIN STOCKS. WORST STOCK . NEGETIVE RETURNS IN PAST 5 years.
Excellent analysis!!
Thank you for watching our video. Glad it was informative. 😃👍
Little bit biased towards Aaavas, but Aptua also on my radar.
Would request to make video on Vedant fashion, good return ratios.
As always great video 👍
Thank you for watching our videos. 😃
Please check our channel's Community page for updates. 👍
Whole fashion retail sector pls
Thank you for watching our video. We'll consider your input for the upcoming analysis. 👍
Good knowledge Sir ji
Thanks for watching our video. We hope it was informative. 😃
Please do analysis for Trent
Thank you for watching our video. We hope it was informative. 😃
We'll consider your input for the upcoming analysis. 👍
Good video sir. Very important information.
Thank you for watching our video. Glad you found it informative. 😃
Vedant fashion
👍
mindblowing analysis 👌