List of Best Housing Finance Companies
The housing finance sector in India comprises banks, non-banking financial companies (NBFCs), and housing finance companies (HFCs) that offer home loans, loan refinancing, and other mortgage-related services. With rapid urbanisation, rising disposable incomes, and government-backed initiatives such as the Pradhan Mantri Awas Yojana (PMAY) in India, the demand for housing finance has increased in recent times. According to a recent survey, the Indian housing finance market is expected to grow at a CAGR of 24.1% from 2024 to 2033.
Top Housing Finance Stocks
Saturday, 1 November, 2025
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APTU | Aptus Value Housing Finance India Ltd | APTUS | /stocks/aptus-value-housing-finance-india-APTU | Home Financing | 317.60 | 364.00 | 267.95 | 15,900.97 | 21.17 | 17.65 | 3.68 | 1.41 | 18.58 | -10.71 | 0.60 | -8.45 | Smallcap | Financial Services | Thrifts & Mortgage Finance | Commercial & Residential Mortgage Finance | 1.62 |
| AVAS | Aavas Financiers Ltd | AAVAS | /stocks/aavas-financiers-AVAS | Home Financing | 1,650.00 | 2,234.00 | 1,516.90 | 13,062.52 | 22.75 | 17.65 | 3.00 | 0.00 | 14.12 | -1.35 | -18.27 | 15.73 | Smallcap | Financial Services | Thrifts & Mortgage Finance | Commercial & Residential Mortgage Finance | -1.83 |
| CNFH | Can Fin Homes Ltd | CANFINHOME | /stocks/can-fin-homes-CNFH | Home Financing | 867.90 | 891.90 | 558.50 | 11,556.45 | 13.48 | 17.65 | 2.28 | 1.38 | 18.22 | -0.01 | 65.52 | 87.74 | Smallcap | Financial Services | Thrifts & Mortgage Finance | Commercial & Residential Mortgage Finance | -0.77 |
| GICH | GIC Housing Finance Ltd | GICHSGFIN | /stocks/gic-housing-finance-GICH | Home Financing | 174.35 | 229.50 | 156.01 | 938.89 | 5.85 | 17.65 | 0.48 | 2.58 | 8.46 | -17.82 | 30.06 | 71.44 | Smallcap | Financial Services | Thrifts & Mortgage Finance | Commercial & Residential Mortgage Finance | -0.97 |
| HOM | Home First Finance Company India Ltd | HOMEFIRST | /stocks/home-first-finance-company-india-HOM | Home Financing | 1,195.10 | 1,519.00 | 878.40 | 12,376.52 | 32.39 | 17.65 | 4.91 | 0.27 | 16.46 | 1.30 | 64.56 | 126.54 | Smallcap | Financial Services | Thrifts & Mortgage Finance | Commercial & Residential Mortgage Finance | -1.18 |
| INBF | Sammaan Capital Ltd | SAMMAANCAP | /stocks/indiabulls-housing-finance-INBF | Home Financing | 188.59 | 191.50 | 97.61 | 15,399.94 | -8.52 | 17.65 | 0.71 | 1.06 | -8.69 | 30.77 | 63.56 | 50.80 | Smallcap | Financial Services | Thrifts & Mortgage Finance | Commercial & Residential Mortgage Finance | 2.28 |
| INDIS | India Shelter Finance Corporation Ltd | INDIASHLTR | /stocks/india-shelter-finance-corporation-INDIS | Home Financing | 883.85 | 1,011.75 | 607.00 | 9,581.59 | 25.36 | 17.65 | 3.54 | 0.56 | 15.09 | 30.26 | 62.26 | 62.26 | Smallcap | Financial Services | Thrifts & Mortgage Finance | Commercial & Residential Mortgage Finance | 0.43 |
| LICH | LIC Housing Finance Ltd | LICHSGFIN | /stocks/lic-housing-finance-LICH | Home Financing | 570.95 | 648.90 | 483.70 | 31,405.85 | 5.77 | 17.65 | 0.86 | 1.75 | 16.05 | -9.52 | 40.87 | 90.89 | Smallcap | Financial Services | Thrifts & Mortgage Finance | Commercial & Residential Mortgage Finance | 0.09 |
| PIF | Grand Oak Canyons Distillery Ltd | GRANDOAK | /stocks/pacheli-industrial-finance-PIF | Specialized Finance | 54.56 | 78.19 | 18.55 | 2,831.03 | -566.21 | 17.65 | 3.33 | 0.00 | -1.17 | 159.56 | 588.02 | 1,694.74 | Smallcap | Commercial & Professional Services | Diversified Financial Services | Research & Consulting Services | 4.98 |
| PNBH | PNB Housing Finance Ltd | PNBHOUSING | /stocks/pnb-housing-finance-PNBH | Home Financing | 928.70 | 1,141.90 | 746.70 | 24,193.43 | 12.50 | 17.65 | 1.43 | 0.54 | 12.16 | -3.97 | 154.84 | 215.81 | Smallcap | Financial Services | Thrifts & Mortgage Finance | Commercial & Residential Mortgage Finance | -0.63 |
What Are Housing Finance Stocks?
Housing finance stocks refer to the shares of companies providing home loans and mortgage-related financial services. These listed companies offer affordable loans to meet the growing housing demand, thus, the sector is becoming more competitive.
About the Top Housing Finance Companies in India
- India Shelter Finance Corporation Ltd: India Shelter Finance Corporation Ltd focuses on providing home loans to middle and lower-income households in Tier-II and Tier-III cities.
- Aavas Financiers Ltd: Aavas Financiers Ltd specialises in affordable housing loans for self-employed and low-income customers in semi-urban and rural India.
- Can Fin Homes Ltd: Can Fin Homes Ltd, promoted by Canara Bank, offers housing and mortgage loans primarily to salaried and middle-income groups.
- GIC Housing Finance Ltd: GIC Housing Finance Ltd, promoted by General Insurance Corporation of India, provides home loans and loan-against-property facilities.
- Aptus Value Housing Finance India Ltd: Aptus Value Housing Finance India Ltd caters to self-employed individuals in low- and middle-income segments, particularly across South India.
How to Invest in Housing Finance Stocks?
Here’s how you can invest in housing finance stocks in India:
- Open a Demat/Trading/Stockbroker Account: The first step to investing in housing finance stocks is to open a demat account with a reputable stockbroker.
- Conduct Thorough Research: Before diving into investments, it’s essential to conduct thorough research to identify stocks that align with your investment goals. Utilise tools like the Tickertape Stocks Screener to refine your search effectively. Focus on key metrics such as market capitalisation, growth trends, and financial performance.
- Place a ‘Buy’ Order: After identifying the housing finance stocks that meet your investment criteria, you can execute a ‘Buy’ order through the smallcase platform.
Features of Housing Finance Stocks
Housing finance stocks tend to exhibit the following characteristics:
- Exposure to the Financial and Real Estate Sectors: Housing finance stocks operate at the intersection of banking, lending, and real estate, making them influenced by trends in all three industries.
- Interest Rate Sensitivity: The performance of home finance stocks is closely linked to interest rate movements, as lower rates typically drive higher demand for home loans, while rising rates may impact borrowing costs.
- Regulatory Influence: The list of housing finance companies in India is subject to regulations set by financial authorities, including guidelines on lending practices, capital requirements, and risk management.
- Loan Portfolio Composition: The financial health of these housing loan companies depends on their loan portfolio, including the proportion of retail vs. corporate loans, asset quality, and non-performing assets (NPAs).
Advantages of Investing in Housing Finance Stocks
- Link to Housing Demand: The housing finance sector is closely tied to real estate demand, which is influenced by urbanisation, income growth, and housing policies.
- Regulated Industry: Housing finance firms or home loan finance companies operate under regulatory oversight, which provides a structured framework for risk management and lending practices.
- Diversified Business Models: Many housing finance firms offer a mix of retail and corporate loans, allowing them to manage risks across different borrower segments.
- Potential for an Increase in Loan Demand: The increasing demand for home loans, supported by government initiatives and financial inclusion programs, can contribute to business expansion for housing finance companies.
- Impact of Policy Support: Government policies, such as interest subsidies on home loans and liquidity support for financial institutions, can influence the sector’s stability.
Risks Associated with Investing in Housing Finance Stocks
- Interest Rate Volatility: Higher interest rates can reduce demand for home loans and impact the profitability of even the leading housing finance providers.
- Economic Slowdown: Housing finance stocks may underperform during economic downturns, which can impact loan disbursement and repayment capacity of the leading housing finance providers in India.
- Regulatory Risks: Government policy changes can impact profitability and compliance requirements.
- Asset Quality Concerns: Increases in Non-performing assets (NPAs) can affect stock performance and financial stability.
- Competitive Pressure: Increasing competition from banks and fintech firms may impact growth and market share.
- Market Liquidity Issues: Changes in liquidity conditions may impact the borrowing costs and financial flexibility of Indian housing finance companies.
Who Should Invest in Housing Finance Stocks?
- Risk-Tolerant Investors: As housing finance shares can be volatile, investors should have a medium to high-risk appetite.
- Sector-specific enthusiasts: Individuals keen on the housing market, government initiatives, and property financing may consider exploring these stocks.
- Diversity seekers: Investors looking to diversify within the financial sector beyond traditional banks and NBFCs may consider Indian housing finance companies as part of their research.
Factors to Consider Before Investing in Housing Finance Stocks
- Loan Portfolio Quality: Assessing the proportion of retail vs. corporate loans, non-performing assets (NPAs), and overall asset quality is crucial for understanding financial stability.
- Economic Conditions: Macroeconomic factors such as GDP growth, employment rates, and inflation can affect housing demand and loan repayment capacity.
- Government Policies and Incentives: Initiatives like interest subsidies, affordable housing schemes, and liquidity support can influence the sector’s growth prospects.
- Competitive Landscape: The presence of banks, NBFCs, and other Indian housing finance companies affects market share and lending rates, impacting profitability.
- Market and Real Estate Trends: Urbanisation, property price movements, and housing affordability trends can impact the demand for home loans.
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To Wrap It Up
Driven by increasing homeownership demand, regulatory support, and economic growth, increased participation was witnessed in housing finance stocks. However, concerns like interest rate fluctuations, economic downturn and asset quality can significantly influence the prices of housing finance stocks. Therefore, investors must thoroughly research and consider various factors before investing in the best housing finance shares.
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Frequently Asked Questions About Housing Finance Stocks
1. What are the best housing finance stocks in India?
Here’s a list of the best housing finance stocks in India based on market capitalisation:
- India Shelter Finance Corporation Ltd
- Aavas Financiers Ltd
- Can Fin Homes Ltd
- GIC Housing Finance Ltd
- Aptus Value Housing Finance India Ltd
Note: This list was updated on 29th September 2025. The data provided is for educational purposes and is not recommended.
2. How do I invest in housing finance companies stocks?
Investors can explore and invest in housing finance stocks on the smallcase platform. If you don’t have a dema account, you can also open one with smallcase!
3. What factors impact housing finance companies share price?
The stock prices of housing finance companies are influenced by multiple factors, including but not limited to interest rate movements, economic conditions, regulatory changes, loan portfolio quality, and overall market sentiment.
4. What role do government policies play in housing finance investments?
Government policies, such as affordable housing schemes, interest rate subsidies, tax incentives on home loans, and regulatory frameworks, can affect the growth, loan demand, and profitability of housing finance companies or home loan finance.
5. Can housing finance stocks benefit from falling interest rates?
Yes, declining interest rates can lower funding costs, boost loan demand, expand margins, and potentially improve profitability for home loan finance companies, which may uplift their stock valuations. However, this is a hypothetical scenario that might not translate in the real market.
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