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 ₹ 48,676 Cr.
- Current Price ₹ 243
- High / Low ₹ 354 / 159
- Stock P/E 17.9
- Book Value ₹ 89.8
- Dividend Yield 1.68 %
- ROCE 9.62 %
- ROE 15.7 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 38.4%
Cons
- Stock is trading at 2.73 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.38% over past five years.
- Company has a low return on equity of 13.5% 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
Financial Services Financial Services Finance Financial Institution
Part of BSE 500 BSE PSU Nifty 500 BSE SmallCap Nifty Midcap 100
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,978 | 3,383 | 3,270 | 3,536 | 4,228 | 5,584 | 7,567 | 7,267 | 6,986 | 7,082 | 7,829 | 10,311 | |
| Interest | 1,702 | 1,775 | 1,908 | 1,986 | 2,295 | 3,071 | 4,848 | 4,765 | 4,533 | 4,507 | 4,961 | 6,747 |
| 192 | 477 | 319 | 468 | 526 | 652 | 544 | 277 | 111 | 279 | 134 | -46 | |
| Financing Profit | 1,084 | 1,131 | 1,044 | 1,082 | 1,408 | 1,861 | 2,176 | 2,225 | 2,342 | 2,296 | 2,734 | 3,610 |
| Financing Margin % | 36% | 33% | 32% | 31% | 33% | 33% | 29% | 31% | 34% | 32% | 35% | 35% |
| 25 | 44 | 37 | 98 | 6 | 7 | 4 | 11 | 11 | 4 | 119 | 37 | |
| Depreciation | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 7 | 8 | 11 | 10 | 11 |
| Profit before tax | 1,105 | 1,170 | 1,076 | 1,175 | 1,408 | 1,863 | 2,174 | 2,229 | 2,346 | 2,289 | 2,843 | 3,637 |
| Tax % | 34% | 34% | 27% | 28% | 28% | 37% | 21% | 29% | 27% | 26% | 26% | 26% |
| 734 | 768 | 783 | 842 | 1,010 | 1,180 | 1,708 | 1,578 | 1,716 | 1,701 | 2,117 | 2,709 | |
| EPS in Rs | 366.64 | 383.80 | 3.91 | 4.21 | 5.04 | 5.89 | 8.53 | 7.89 | 8.57 | 8.50 | 10.57 | 13.53 |
| Dividend Payout % | 14% | 13% | 13% | 13% | 11% | 14% | 36% | 28% | 41% | 45% | 39% | 31% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 6% |
| 3 Years: | 14% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 10% |
| 3 Years: | 16% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 58% |
| 3 Years: | 89% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 13% |
| 3 Years: | 14% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Reserves | 5,130 | 5,779 | 6,444 | 7,166 | 7,940 | 8,953 | 10,340 | 11,186 | 12,465 | 13,442 | 14,611 | 15,966 |
| Borrowing | 18,888 | 18,315 | 25,449 | 28,196 | 36,277 | 59,848 | 61,437 | 60,978 | 61,503 | 62,905 | 73,996 | 107,297 |
| 4,204 | 7,018 | 1,999 | 1,975 | 2,695 | 2,026 | 2,347 | 2,792 | 2,924 | 2,621 | 2,814 | 3,231 | |
| Total Liabilities | 30,224 | 33,114 | 35,894 | 39,339 | 48,914 | 72,828 | 76,126 | 76,958 | 78,894 | 80,969 | 93,422 | 128,496 |
| 68 | 75 | 73 | 72 | 71 | 71 | 65 | 82 | 93 | 90 | 88 | 90 | |
| CWIP | 27 | 25 | 39 | 43 | 35 | 39 | 52 | 39 | 25 | 19 | 15 | 14 |
| Investments | 754 | 756 | 367 | 367 | 527 | 534 | 232 | 250 | 257 | 630 | 297 | 1,318 |
| 29,376 | 32,259 | 35,415 | 38,857 | 48,281 | 72,185 | 75,777 | 76,588 | 78,518 | 80,230 | 93,022 | 127,074 | |
| Total Assets | 30,224 | 33,114 | 35,894 | 39,339 | 48,914 | 72,828 | 76,126 | 76,958 | 78,894 | 80,969 | 93,422 | 128,496 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3,663 | -182 | -4,965 | -2,598 | -7,830 | -23,400 | -1,336 | 2,161 | -806 | -851 | -10,287 | -31,603 | |
| -80 | -13 | 372 | -5 | -4 | 18 | 83 | -14 | -1 | -352 | 435 | -939 | |
| 3,375 | 204 | 4,659 | 2,509 | 7,858 | 23,422 | 1,365 | -1,083 | 81 | 691 | 10,174 | 32,215 | |
| Net Cash Flow | -368 | 9 | 66 | -93 | 24 | 39 | 112 | 1,063 | -726 | -512 | 322 | -326 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 11% | 10% | 10% | 9% | 11% | 11% | 15% | 12% | 12% | 11% | 13% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Raising of Funds
6 Jun - HUDCO to raise Rs. 750 Cr via 3-year, 6.52% unsecured NCDs on private placement basis.
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Board Meeting Outcome for Raising Of Funds Through Ncds
6 Jun - HUDCO to raise Rs. 750 Cr via 3-year unsecured NCDs at 6.52% coupon, listed on BSE.
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Board Meeting Intimation for Intimation To Stock Exchange In Respect To Meeting Of Bond Allotment Committee To Be Held On 06Th June 2025 To Approve Issue Of Unsecured, Taxable, Redeemable, Non-Convertible, Non-Cumulative Ncds
2 Jun - HUDCO to issue Rs.3,000 crore taxable NCDs for funding and debt refinancing in FY 2025-26.
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Announcement under Regulation 30 (LODR)-Change in Directorate
30 May - Re-appointment of Dr. Ravindra Kumar Ray as Independent Director for one year from May 2025.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - HUDCO reports SEBI compliance lapses, fines totaling Rs. 43.18 lakh, requests ministry for director appointments.
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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May 2025Transcript PPT REC
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May 2025TranscriptNotesPPT
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May 2024Transcript PPT REC
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Nov 2020TranscriptNotesPPT
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Nov 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]