LIC HFL FY26 Net Profit Rises 3%, Dividend Rs 10
LIC Housing Finance reported a 9% rise in Q4 FY26 PAT to Rs 1497.41 Cr and a 3% increase in FY26 net profit to Rs 5595.15 Cr. The Board recommended a final dividend of Rs 10 per share.
*this image is generated using AI for illustrative purposes only.
LIC Housing Finance has announced its standalone audited financial results for the quarter and full year ended March 31, 2026. The company reported a Profit After Tax (PAT) of Rs 1497.41 Cr for Q4 FY26, an increase of 9% compared to Rs 1367.96 Cr in the same period last year. For the full fiscal year FY26, the net profit stood at Rs 5595.15 Cr, up 3% year-on-year from Rs 5429.02 Cr. The Board of Directors has recommended a dividend of Rs 10.00 per share.
Q4 FY26 Financial Performance
The company's revenue from operations for Q4 FY26 was Rs 7194.34 Cr, slightly lower than Rs 7281.17 Cr in Q4 FY25. Net Interest Income (NII) improved to Rs 2221.78 Cr from Rs 2165.33 Cr in the corresponding quarter of the previous year, reflecting a 3% growth. Profit Before Tax (PBT) for the quarter rose 9% to Rs 1934.24 Cr from Rs 1769.58 Cr in Q4 FY25. The Net Interest Margin (NIM) for Q4 FY26 stood at 2.80%, compared to 2.85% in Q4 FY25 and 2.69% in Q3 FY26.
The following table summarises the key Q4 FY26 performance metrics:
| Metric: | Q4 FY26 (Rs Cr) | Q4 FY25 (Rs Cr) | Change |
|---|---|---|---|
| Revenue from Operations: | 7194.34 | 7281.17 | -1% |
| Net Interest Income: | 2221.78 | 2165.33 | +3% |
| Profit Before Tax: | 1934.24 | 1769.58 | +9% |
| Net Profit After Tax: | 1497.41 | 1367.96 | +9% |
| Net Interest Margin: | 2.80% | 2.85% | -5 bps |
| Outstanding Loan Portfolio: | 320707 | 307732 | +4% |
Q4 FY26 Operational Metrics
Total loan disbursements for Q4 FY26 reached Rs 21019 Cr, a 10% increase from Rs 19156 Cr in Q4 FY25. Individual Home Loan disbursements rose 8% to Rs 16672 Cr from Rs 15383 Cr, while Non-Housing Individual loans surged 25% to Rs 3348 Cr from Rs 2676 Cr. Project loans stood at Rs 847 Cr compared with Rs 875 Cr in Q4 FY25. The Individual Home Loan portfolio stood at Rs 270893 Cr as on March 31, 2026, up 4% from Rs 261562 Cr as on March 31, 2025, while the Project loan portfolio stood at Rs 9190 Cr against Rs 9213 Cr in the previous year.
Asset quality improved, with Stage 3 Exposure at Default (EAD) reducing to 2.16% as of March 31, 2026, from 2.47% a year ago and 2.45% as on December 31, 2025. Total Expected Credit Loss (ECL) provisions decreased to Rs 4568.62 Cr from Rs 4899.03 Cr in the previous year.
Full Year FY26 Performance
For the full year ended March 31, 2026, LIC Housing Finance delivered steady growth across key financial metrics. Revenue from operations rose 3% to Rs 28764.63 Cr from Rs 28037.23 Cr, while NII grew 4% to Rs 8424.52 Cr from Rs 8125.64 Cr. PBT for FY26 was Rs 7080.62 Cr against Rs 6855.81 Cr in the previous year, up 3%. NIM for FY26 stood at 2.68% compared to 2.73% for the previous year. Earnings Per Share (EPS) for FY26 was Rs 101.72 per share (face value Rs 2) against Rs 98.70 in FY25.
| Metric: | FY26 (Rs Cr) | FY25 (Rs Cr) | Change |
|---|---|---|---|
| Revenue from Operations: | 28764.63 | 28037.23 | +3% |
| Net Interest Income: | 8424.52 | 8125.64 | +4% |
| Profit Before Tax: | 7080.62 | 6855.81 | +3% |
| Net Profit After Tax: | 5595.15 | 5429.02 | +3% |
| Net Interest Margin: | 2.68% | 2.73% | -5 bps |
| EPS (Rs 2 Face Value): | 101.72 | 98.70 | — |
For the full year FY26, total disbursements stood at Rs 66544 Cr, up 4% from Rs 64022 Cr in FY25. Individual home loan disbursements rose 6% to Rs 54503 Cr from Rs 51614 Cr, Non-Housing Individual Loan disbursements grew 20% to Rs 9636 Cr from Rs 8060 Cr, while project loan disbursements stood at Rs 1964 Cr against Rs 3776 Cr in the previous fiscal.
Management Commentary
Commenting on the performance, Shri Tribhuvan Adhikari, Managing Director & Chief Executive Officer of LIC Housing Finance Limited, said, "Our performance has remained resilient despite a global war scenario, which impacts our country's oil bill and affects its macro-economic indicators. During the last quarter of FY2026, we witnessed a sustained demand momentum enabled by our efficient digital infrastructure, stable interest rate environment and our continued focus on cost optimisation plus customer-centricity. As we enter the new financial year, we remain optimistic about the housing sector outlook, driven by urbanization and continued policy support. We will maintain our emphasis on expanding reach, enhancing digital capabilities, and delivering sustainable growth while preserving asset quality and profitability."
About LIC Housing Finance
LIC Housing Finance Ltd. is the largest housing finance company in India, with one of the widest networks of offices across the country and a representative office in Dubai. The company also distributes its products through branches of its subsidiary LIC HFL Financial Services Ltd. It has been assigned the highest rating of 'AAA/Stable' by CRISIL and CARE, indicating the highest safety regarding the ability to service interest and principal repayments.
Historical Stock Returns for LIC Housing Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.77% | -1.20% | -1.30% | +0.51% | -8.88% | +3.69% |
How might the RBI's evolving interest rate trajectory in FY27 impact LIC Housing Finance's Net Interest Margin, which has already compressed by 5 basis points year-on-year?
Given the sharp 49% decline in project loan disbursements during FY26, what strategic shifts is LIC Housing Finance likely to make in its project lending portfolio to drive growth in FY27?
With Non-Housing Individual Loan disbursements surging 20% in FY26, could this segment's rapid expansion pose any asset quality risks that may pressure the company's GNPA ratio going forward?
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