LIC Housing Finance Ltd
LIC Housing Finance Limited is a housing finance company registered with National Housing Bank (NHB) and is mainly engaged in financing purchase / construction of residential
flats / houses to individuals and
project finance to developers, Loan against Property (LAP), Lease Rental Discounting (LRD)for commercial properties as well as purchase of commercial shops/showrooms.
etc.(Source : 201903 Annual Report Page No: 36 and 50)
- Market Cap ₹ 34,041 Cr.
- Current Price ₹ 619
- High / Low ₹ 827 / 484
- Stock P/E 6.27
- Book Value ₹ 659
- Dividend Yield 1.45 %
- ROCE 8.93 %
- ROE 16.0 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.94 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.32% over past five 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 Housing Finance Company
Part of BSE 500 Nifty 500 BSE MidCap Nifty Midcap 100 Nifty 200
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
9,301 | 10,782 | 12,474 | 14,072 | 14,841 | 17,364 | 19,703 | 19,853 | 19,926 | 22,663 | 27,234 | 28,050 | |
Interest | 7,174 | 8,310 | 9,307 | 10,231 | 11,144 | 12,892 | 14,784 | 14,453 | 14,177 | 16,186 | 18,391 | 19,532 |
327 | 377 | 605 | 884 | 921 | 1,082 | 1,569 | 1,997 | 2,945 | 2,866 | 2,725 | 1,575 | |
Financing Profit | 1,800 | 2,095 | 2,561 | 2,957 | 2,775 | 3,391 | 3,350 | 3,403 | 2,803 | 3,611 | 6,119 | 6,944 |
Financing Margin % | 19% | 19% | 21% | 21% | 19% | 20% | 17% | 17% | 14% | 16% | 22% | 25% |
34 | 16 | 12 | 8 | 0 | 0 | -33 | -5 | 28 | 12 | 1 | 6 | |
Depreciation | 8 | 9 | 10 | 9 | 10 | 12 | 48 | 49 | 52 | 66 | 65 | 94 |
Profit before tax | 1,826 | 2,102 | 2,564 | 2,956 | 2,766 | 3,380 | 3,269 | 3,349 | 2,778 | 3,557 | 6,054 | 6,856 |
Tax % | 28% | 34% | 35% | 35% | 28% | 28% | 27% | 18% | 18% | 19% | 21% | 21% |
1,317 | 1,386 | 1,661 | 1,931 | 2,002 | 2,431 | 2,402 | 2,734 | 2,287 | 2,891 | 4,765 | 5,429 | |
EPS in Rs | 26.10 | 27.47 | 32.91 | 38.26 | 39.68 | 48.17 | 47.59 | 54.18 | 41.58 | 52.56 | 86.63 | 98.70 |
Dividend Payout % | 17% | 18% | 17% | 16% | 17% | 16% | 17% | 16% | 20% | 16% | 10% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 7% |
3 Years: | 12% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 18% |
3 Years: | 33% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 17% |
3 Years: | 22% |
1 Year: | -24% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 14% |
3 Years: | 15% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 101 | 101 | 101 | 101 | 101 | 101 | 101 | 101 | 110 | 110 | 110 | 110 |
Reserves | 7,432 | 7,717 | 9,045 | 10,976 | 14,140 | 16,158 | 18,092 | 20,420 | 24,562 | 26,990 | 31,285 | 36,147 |
Borrowing | 82,036 | 96,532 | 110,931 | 126,337 | 150,914 | 170,667 | 191,458 | 207,983 | 223,801 | 244,950 | 252,662 | 270,775 |
6,208 | 8,195 | 10,421 | 13,486 | 5,934 | 13,657 | 7,155 | 7,129 | 6,094 | 6,362 | 7,148 | 6,895 | |
Total Liabilities | 95,777 | 112,545 | 130,498 | 150,900 | 171,090 | 200,583 | 216,806 | 235,633 | 254,567 | 278,412 | 291,205 | 313,927 |
76 | 80 | 92 | 97 | 97 | 136 | 254 | 243 | 286 | 356 | 361 | 402 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 1 | 1 | 0 | 0 |
Investments | 199 | 237 | 277 | 527 | 1,972 | 3,595 | 5,496 | 4,636 | 6,199 | 6,976 | 6,277 | 7,142 |
95,502 | 112,228 | 130,129 | 150,277 | 169,021 | 196,853 | 211,055 | 230,751 | 248,081 | 271,079 | 284,567 | 306,382 | |
Total Assets | 95,777 | 112,545 | 130,498 | 150,900 | 171,090 | 200,583 | 216,806 | 235,633 | 254,567 | 278,412 | 291,205 | 313,927 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-11,503 | -14,354 | -13,036 | -14,279 | -19,005 | -21,529 | -14,715 | -17,195 | -16,740 | -19,612 | -7,055 | -16,689 | |
-21 | -51 | -61 | -283 | 1,380 | -1,656 | -1,879 | 884 | -1,601 | -830 | 573 | -884 | |
13,048 | 14,231 | 14,098 | 15,073 | 18,085 | 24,078 | 15,158 | 16,274 | 17,835 | 20,239 | 7,300 | 17,413 | |
Net Cash Flow | 1,525 | -174 | 1,001 | 511 | 460 | 893 | -1,436 | -37 | -507 | -203 | 818 | -159 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 % | 19% | 18% | 20% | 19% | 16% | 16% | 14% | 14% | 10% | 11% | 16% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Cessation
1d - Independent Director Shri V.K. Kukreja completes second 5-year term on LIC Housing Finance board.
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Closure of Trading Window
26 Jun - Trading window closed from July 1, 2025 till 48 hours post Q1 results announcement.
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Announcement under Regulation 30 (LODR)-Change in Management
13 Jun - Shri Ratnakar Patnaik appointed Additional Non-Executive Director, subject to shareholder approval by Sept 2025.
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Announcement under Regulation 30 (LODR)-Cessation
7 Jun - Chairman Siddhartha Mohanty ceased as director from 7 June 2025 due to superannuation.
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Announcement under Regulation 30 (LODR)-Change in Management
2 Jun - LIC Housing Finance appoints 3 senior managers including Joint GMs and Chief Information Security Officer.
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 2011
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Financial Year 2010
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Concalls
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May 2025Transcript PPT
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Feb 2025Transcript PPT REC
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Oct 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Jun 2022TranscriptNotesPPT
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Jul 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Mar 2018TranscriptPPT
Largest HFC
The company is the largest housing finance company in India with a total loan portfolio of Rs. ~2,87,000 Cr in FY24 vs Rs. ~2,10,000 Cr in FY20. [1] [2]