Housing & Urban Development Corporation Ltd
Housing & Urban Development Corporation Ltd is primarily engaged in the business of financing housing and urban development activities in the country.[1]
- Market Cap ₹ 44,436 Cr.
- Current Price ₹ 222
- High / Low ₹ 354 / 159
- Stock P/E 16.6
- Book Value ₹ 85.5
- Dividend Yield 1.87 %
- ROCE 9.23 %
- ROE 13.2 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 41.8%
Cons
- Stock is trading at 2.59 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.99% over past five years.
- Company has a low return on equity of 12.3% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance - Housing
Part of BSE CPSE BSE Allcap BSE Financial Services BSE SmallCap Select Index BSE 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,886 | 2,978 | 3,383 | 3,270 | 3,535 | 4,227 | 5,584 | 7,567 | 7,267 | 6,986 | 7,082 | 7,829 | 9,532 | |
| Interest | 1,567 | 1,702 | 1,775 | 1,907 | 1,986 | 2,295 | 3,071 | 4,848 | 4,765 | 4,533 | 4,507 | 4,961 | 6,128 |
| 308 | 192 | 477 | 318 | 468 | 525 | 652 | 544 | 277 | 111 | 278 | 134 | -10 | |
| Financing Profit | 1,010 | 1,084 | 1,131 | 1,045 | 1,081 | 1,407 | 1,861 | 2,176 | 2,225 | 2,343 | 2,297 | 2,734 | 3,413 |
| Financing Margin % | 35% | 36% | 33% | 32% | 31% | 33% | 33% | 29% | 31% | 34% | 32% | 35% | 36% |
| 55 | 25 | 44 | 37 | 99 | 7 | 7 | 4 | 11 | 11 | 4 | 119 | 156 | |
| Depreciation | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 7 | 8 | 11 | 10 | 10 |
| Profit before tax | 1,061 | 1,105 | 1,170 | 1,077 | 1,175 | 1,409 | 1,863 | 2,175 | 2,229 | 2,346 | 2,289 | 2,843 | 3,560 |
| Tax % | 34% | 34% | 34% | 27% | 28% | 28% | 37% | 21% | 29% | 27% | 26% | 26% | |
| 700 | 734 | 768 | 784 | 842 | 1,010 | 1,180 | 1,708 | 1,579 | 1,717 | 1,702 | 2,117 | 2,682 | |
| EPS in Rs | 349.51 | 366.64 | 383.80 | 3.92 | 4.21 | 5.05 | 5.90 | 8.53 | 7.89 | 8.57 | 8.50 | 10.57 | 13.40 |
| Dividend Payout % | 21% | 14% | 13% | 13% | 13% | 11% | 14% | 36% | 28% | 41% | 45% | 39% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 7% |
| 3 Years: | 3% |
| TTM: | 26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 12% |
| 3 Years: | 10% |
| TTM: | 30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | 86% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 13% |
| 3 Years: | 12% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 |
| Reserves | 4,513 | 5,130 | 5,779 | 6,444 | 7,165 | 7,941 | 8,954 | 10,342 | 11,187 | 12,466 | 13,443 | 14,612 | 15,122 |
| Borrowing | 16,788 | 20,344 | 20,652 | 25,435 | 28,182 | 36,277 | 59,848 | 61,437 | 60,978 | 61,503 | 62,905 | 73,996 | 93,565 |
| 3,646 | 2,748 | 4,681 | 1,997 | 1,972 | 2,695 | 2,026 | 2,347 | 2,792 | 2,924 | 3,317 | 3,465 | 3,231 | |
| Total Liabilities | 26,949 | 30,224 | 33,114 | 35,878 | 39,322 | 48,915 | 72,829 | 76,127 | 76,959 | 78,895 | 81,667 | 94,075 | 113,921 |
| 71 | 68 | 75 | 73 | 72 | 71 | 71 | 65 | 82 | 93 | 90 | 88 | 87 | |
| CWIP | 18 | 27 | 25 | 28 | 32 | 35 | 39 | 52 | 39 | 25 | 19 | 15 | 14 |
| Investments | 684 | 754 | 756 | 369 | 369 | 528 | 536 | 234 | 251 | 259 | 631 | 299 | 836 |
| 26,176 | 29,376 | 32,259 | 35,409 | 38,850 | 48,281 | 72,185 | 75,777 | 76,588 | 78,518 | 80,926 | 93,673 | 112,984 | |
| Total Assets | 26,949 | 30,224 | 33,114 | 35,878 | 39,322 | 48,915 | 72,829 | 76,127 | 76,959 | 78,895 | 81,667 | 94,075 | 113,921 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,988 | -3,663 | -182 | -4,968 | -2,598 | -7,830 | -23,400 | -1,336 | 2,161 | -806 | -850 | -10,287 | |
| 532 | -80 | -13 | 381 | -4 | -4 | 18 | 83 | -14 | -1 | -353 | 435 | |
| -2,182 | 3,375 | 204 | 4,646 | 2,509 | 7,858 | 23,422 | 1,365 | -1,083 | 81 | 691 | 10,174 | |
| Net Cash Flow | 338 | -368 | 9 | 60 | -93 | 24 | 39 | 112 | 1,063 | -726 | -512 | 322 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 11% | 11% | 10% | 10% | 9% | 11% | 11% | 15% | 12% | 12% | 11% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Earnings call scheduled on May 8, 2025, to discuss FY25 audited financial results.
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Board Meeting Intimation for Intimation To Stock Exchange In Respect Of Meeting Of Bond Allotment Committee To Be Held On 06Th May 2025 To Approve Issue Of Unsecured, Taxable, Redeemable, Non-Convertible, Non-Cumulative Ncds
2d - HUDCO to issue Rs.3,000 crore taxable NCDs in FY 2025-26 via private placement.
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Board Meeting Intimation for Consideration Of Audited Financial Results
2d - Board meeting on 7 May to approve FY25 results and consider final dividend; trading window closed till 9 May.
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Announcement under Regulation 30 (LODR)-Change in Directorate
28 Apr - Appointment and re-appointment of two independent directors on HUDCO board for one year.
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Announcement under Regulation 30 (LODR)-Change in RTA
26 Apr - HUDCO changes Registrar and Share Transfer Agent to Beetal Financial & Computer Services Pvt. Ltd., effective April 25, 2025.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2010
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Financial Year 2008
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Concalls
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Jan 2025Transcript PPT REC
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Jan 2025TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024Transcript PPT REC
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Jan 2019TranscriptNotesPPT
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Jan 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Sep 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
Financing Activities
The company is a public financial institution and primarily finances social housing and urban infrastructure projects. It also provides consultancy services for major projects and government programs.[1]