LIC Housing Finance LimitedFinancial ServicesLICHSGFIN
Q1 FY27 concall · earnings callLIC Housing Finance Limited
The company delivered its best annual performance across key financial metrics, focusing on cost efficiency, liability diversification, and asset quality improvement while targeting double-digit growth.
Numbers
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Loan Book | ₹3,20,707 Cr | — | |
| Total Disbursement | ₹66,544 Cr | — | |
| Revenue from Operations | ₹28,765 Cr | — | |
| Profit After Tax | ₹5,595 Cr | — | |
| Net Interest Margin | 2.68% | — | |
| Gross Non-Performing Assets | 2.15% | — | |
| Average Cost of Funds | 7.27% | — |
Financials
From filed quarterly results. YoY and QoQ compare each metric on the same accounting basis.
| Quarter | Revenue | Net profit (PAT) | Basic EPS |
|---|---|---|---|
| Q3 FY25 | ₹7,069.99 Cr+3.9% YoY+1.9% QoQ | ₹1,434.89 Cr+22.8% YoY+8.1% QoQ | ₹26.09+23% YoY+8.1% QoQ |
| Q2 FY25 | ₹6,937.72 Cr+2.5% YoY+2.1% QoQ | ₹1,327.79 Cr+11.2% YoY+1.6% QoQ | ₹24.14+11.4% YoY+1.6% QoQ |
| Q1 FY25 | ₹6,796.85 Cr+0.6% YoY-2.2% QoQ | ₹1,306.40 Cr-1% YoY+20.7% QoQ | ₹23.75-1% YoY+20.7% QoQ |
| Q4 FY24 | ₹6,948.21 Cr+8% YoY+2.1% QoQ | ₹1,081.91 Cr-9.2% YoY-7.4% QoQ | ₹19.67-9.1% YoY-7.3% QoQ |
| Q3 FY24 | ₹6,804.19 Cr+16% YoY+0.6% QoQ | ₹1,168.92 Cr+153.4% YoY-2.1% QoQ | ₹21.21+152.5% YoY-2.1% QoQ |
TL;DR
- Loan Book grew to Rs 320,707 crore, up from Rs 307,732 crore last year.
- Profit After Tax was Rs 5,595 crore, up from Rs 5,429 crore.
- Net Interest Margin was 2.68%, compared to 2.73% a year ago.
- Gross NPAs improved to 2.15% from 2.47%, with a target to reach 1.9% this year.
- A 500% dividend was declared, paying Rs 10 per share on a face value of Rs 2.
- Management plans to deliver sustainable double-digit disbursement and AUM growth going forward.
Said on the call
“Financial Year 2025-26 marked our best performance across key financial metrics.”
From the Q&A
| Topic | What management said |
|---|---|
| Asset Quality (NPAs) | A shareholder expressed concern over Gross NPAs of 2.15% being higher than some banks; management acknowledged it as a legacy issue and stated they are working aggressively through settlements and waivers, targeting a reduction to 1.9% this year. |
| Growth Outlook | Management stated the industry is growing at 12-15%, while the company has been at around 7%; they are now targeting double-digit growth for the current year and consistently over the next five years. |
| Competition and Margins | Management highlighted intense competition from 92 HFCs, NBFCs, and banks, noting pressure on lending rates; they are focusing on product diversification (e.g., LAP, LRD) to protect margins. |
| Dividend Payout | A shareholder noted the dividend was 10% of EPS; management responded that the 500% dividend is among the highest in the HFC sector and they will look at increasing shareholder value in coming years. |
| Return on Equity (ROE) | Management stated the current ROE is 14.42%, which is among the best in the industry, and they aim to improve it to 15-16% over the next 2-3 years. |
Guidance
- Target to deliver sustainable double-digit disbursement and AUM growth.
- Target a Gross NPA ratio of 1.9% for the current financial year.
- Aim to maintain healthy ROA and ROE.
- Focus on deepening presence in Tier 2 & 3 cities and strengthening digital origination and collections.
- Plan to diversify into LAP and LRD segments for better margins.
Source
Summary written from the transcript filed by LIC Housing Finance Limited for the call held on 3 Sept 2026; published 3 Sept 2026, 18:22 IST.
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