Financial Services · NSE/BSE: SAMMAANCAP

Sammaan Capital Limited

Housing Finance Company
Market Cap ₹0.21L Cr
Verdict: Poor

Quality Scores

Multi-Bagger
25/100
Compounder Quality
18/100
Management Credibility
40/100
Governance
60/100
Cash Flow Quality
35/100

AI Summary

Sammaan Capital Limited, formerly Indiabulls Housing Finance, has transitioned from a dominant housing finance powerhouse to a struggling entity undergoing massive restructuring. The company has witnessed a precipitous decline in revenue from ₹17,020 Cr in FY19 to ₹8,166 Cr in FY26, accompanied by a cumulative net loss exceeding ₹8,000 Cr in the most recent fiscal year. The strategic entry of IHC Group via a USD 1 Bn investment through Avenir Investment marks a total reset of the business model and ownership structure. Despite the capital infusion, the historical erosion of book value and…

Top Opportunities

  • Strategic investment of $1Bn from IHC Group (Abu Dhabi)
  • Institutional ownership surge via FIIs in late 2026
  • Sustained reduction in absolute debt from 2018 peaks

Top Risks

  • Massive consolidated net loss of Rs. 7,145 Cr in FY26
  • Sharp decline in revenue from Rs. 17k Cr to Rs. 8k Cr over 8 years
  • Financing profit margins collapsed to negative 27%

Latest report: Read the annual report summary →

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