Status: Pending
Age: New (12/08/2025)
Motilal Oswal Recommends Neutral on Repco Home Finance with Target of ₹430
Brokerage
Motilal Oswal
Analyst
Brokerage Team
Position
Neutral
Start Date
12/08/2025
Horizon
Long Term
Target Price and Expected Returns
Start Price
₹367.45
Target Price
₹430
Expected Returns
16.98%
Summary
Motilal Oswal advised a Neutral rating on Repco Home Finance with a target price of ₹430. The company's 1QFY26 performance showed modest growth, but the broker expects stronger loan growth in core home loan products to improve valuations.
Motilal Oswal's justification for Repco Home Finance target price prediction
- The 1QFY26 PAT grew 2% YoY to INR1.1 billion, beating expectations by 6%.
- NII grew ~8% YoY to ~INR1.8 billion, meeting expectations.
- Opex rose ~17% YoY to INR530 million, lower than MOFSLe.
- PPOP grew ~4% YoY to INR1.4 billion, beating estimates by 7%.
- The company needs to deliver stronger loan growth to command higher valuations.
- GNPA rose ~5bp QoQ to ~3.3%, while NNPA dipped ~10bp QoQ to ~1.2%.
Sources:
(https://www.moneycontrol.com/news/business/stocks/neutral-repco-home-finance-target-of-rs-430-motilal-oswal-13484767.html)
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