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 ₹ 46,334 Cr.
- Current Price ₹ 231
- High / Low ₹ 354 / 159
- Stock P/E 17.3
- Book Value ₹ 85.5
- Dividend Yield 1.79 %
- 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 2.71 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 500 Nifty 200 Nifty Total Market Nifty Midcap150 Momentum 50
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 3,536 | 4,228 | 5,584 | 7,567 | 7,267 | 6,986 | 7,082 | 7,829 | 9,532 | |
| Interest | 1,567 | 1,702 | 1,775 | 1,908 | 1,986 | 2,295 | 3,071 | 4,848 | 4,765 | 4,533 | 4,507 | 4,961 | 6,128 |
| 309 | 192 | 477 | 319 | 468 | 526 | 652 | 544 | 277 | 111 | 279 | 134 | -10 | |
| Financing Profit | 1,010 | 1,084 | 1,131 | 1,044 | 1,082 | 1,408 | 1,861 | 2,176 | 2,225 | 2,342 | 2,296 | 2,734 | 3,413 |
| Financing Margin % | 35% | 36% | 33% | 32% | 31% | 33% | 33% | 29% | 31% | 34% | 32% | 35% | 36% |
| 56 | 25 | 44 | 37 | 98 | 6 | 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 | 1,076 | 1,175 | 1,408 | 1,863 | 2,174 | 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 | 783 | 842 | 1,010 | 1,180 | 1,708 | 1,578 | 1,716 | 1,701 | 2,117 | 2,682 | |
| EPS in Rs | 349.51 | 366.64 | 383.80 | 3.91 | 4.21 | 5.04 | 5.89 | 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: | 61% |
| 3 Years: | 86% |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 13% |
| 3 Years: | 12% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 7,166 | 7,940 | 8,953 | 10,340 | 11,186 | 12,465 | 13,442 | 14,611 | 15,121 |
| Borrowing | 13,553 | 18,888 | 18,315 | 25,449 | 28,196 | 36,277 | 59,848 | 61,437 | 60,978 | 61,503 | 62,905 | 73,996 | 93,565 |
| 6,881 | 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 | 26,949 | 30,224 | 33,114 | 35,894 | 39,339 | 48,914 | 72,828 | 76,126 | 76,958 | 78,894 | 80,969 | 93,422 | 113,919 |
| 71 | 68 | 75 | 73 | 72 | 71 | 71 | 65 | 82 | 93 | 90 | 88 | 87 | |
| CWIP | 18 | 27 | 25 | 39 | 43 | 35 | 39 | 52 | 39 | 25 | 19 | 15 | 14 |
| Investments | 684 | 754 | 756 | 367 | 367 | 527 | 534 | 232 | 250 | 257 | 630 | 297 | 834 |
| 26,176 | 29,376 | 32,259 | 35,415 | 38,857 | 48,281 | 72,185 | 75,777 | 76,588 | 78,518 | 80,230 | 93,022 | 112,984 | |
| Total Assets | 26,949 | 30,224 | 33,114 | 35,894 | 39,339 | 48,914 | 72,828 | 76,126 | 76,958 | 78,894 | 80,969 | 93,422 | 113,919 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| 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 | -4,965 | -2,598 | -7,830 | -23,400 | -1,336 | 2,161 | -806 | -851 | -10,287 | |
| 532 | -80 | -13 | 372 | -5 | -4 | 18 | 83 | -14 | -1 | -352 | 435 | |
| -2,182 | 3,375 | 204 | 4,659 | 2,509 | 7,858 | 23,422 | 1,365 | -1,083 | 81 | 691 | 10,174 | |
| Net Cash Flow | 338 | -368 | 9 | 66 | -93 | 24 | 39 | 112 | 1,063 | -726 | -512 | 322 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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)-Raising of Funds
14h - HUDCO to raise Rs. 2,430 Cr via 7-year unsecured bonds at 6.90% coupon on private placement.
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Corporate Disclosure Under Regulation 30
2d - HUDCO permitted to issue Rs. 5,000 Cr ten-year zero coupon bonds for infrastructure projects.
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Board Meeting Intimation for Intimation To Stock Exchange In Respect Of Meeting Of Bond Allotment Committee To Be Held On 23Rd April 2025 To Approve Issue Of Unsecured, Taxable, Redeemable, Non-Convertible, Non-Cumulative Ncds
17 Apr - HUDCO to issue Rs.2,500 crore NCDs via private placement.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31.03.2025
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Announcement under Regulation 30 (LODR)-Credit Rating
9 Apr - CARE Ratings reaffirms HUDCO's credit ratings for various instruments.
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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May 2024Transcript PPT REC
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Nov 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 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]