LIC Housing Finance
521.05
+2.30(+0.44%)
Market Cap₹28,661.03 Cr
PE Ratio5.17
Company Performance:
1D+0.44%
1M-2.13%
6M-13.83%
1Y-2.35%
5Y+18.74%
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More news about LIC Housing Finance
04Dec 25
ICICI Prudential Mutual Fund Boosts Stake in LIC Housing Finance to 5.22%
ICICI Prudential Mutual Fund has raised its stake in LIC Housing Finance from 4.98% to 5.22% by acquiring 12,95,540 shares through secondary market purchases on December 2, 2025. This increase triggered mandatory disclosure under SEBI regulations as it crossed the 5% threshold. The fund house stated that the acquisition is purely for investment purposes and does not seek any controlling interest in the company.
05Nov 25
LIC Housing Finance Q2: Stable Performance Amid Growth Challenges
LIC Housing Finance's Q2 FY26 results show stability with modest growth. Total revenue increased by 3% YoY to Rs. 7,163 crores, while PAT grew 2% to Rs. 1,353.87 crores. The outstanding loan portfolio expanded by 6% to Rs. 311,816 crores. However, the company faced growth challenges, with total disbursements slightly down at Rs. 16,313 crores. A significant concern was the doubling of balance transfer outflows to Rs. 4,014 crores. The company is implementing strategic measures, including rate adjustments and exploring co-lending arrangements, to address these challenges while maintaining profitability.
31Oct 25
LIC Housing Finance Aims for Double-Digit Loan Growth Despite Q2 Shortfall
LIC Housing Finance reported 6% AUM growth in Q2, missing its 8% internal target. The company aims for double-digit loan book growth this fiscal year despite challenges in construction finance and balance transfer outflows. A 25 basis points lending rate cut in April was insufficient to prevent outflows. The company expects improvements in retail disbursements in Q3 and Q4. LIC Housing Finance's share price closed at 572.00, down 3.61%.
29Oct 25
LIC Housing Finance Projects Loan Book Growth to ₹3.5 Lakh Crore by FY27
LIC Housing Finance aims to expand its loan book to ₹3.5 lakh crore by FY27, driven by a 6% annual growth in individual home loans. The company projects a decrease in gross non-performing assets to 2.5% and plans to maintain a 23% capital adequacy ratio. Despite anticipating a narrowing net interest margin of 2.6%, LIC Housing Finance expects stable profits and margins. As of September 30, 2025, the company reported an outstanding loan portfolio of ₹3,11,816.00 crore, a net interest margin of 2.62%, and a gross stage 3 exposure of 2.51%.
29Oct 25
LIC Housing Finance Reports Modest Growth in Q2 Net Profit and Revenue
LIC Housing Finance announced its Q2 financial results, showing slight improvements in both net profit and revenue. Net profit increased by 1.5% to ₹13.50 billion, up from ₹13.30 billion in the same quarter last year. Revenue grew by 3.3% to ₹71.60 billion, compared to ₹69.30 billion in the previous year's corresponding quarter. The results indicate the company's resilience in maintaining its market position despite potential challenges in the housing finance sector.
16Oct 25
LIC Housing Finance Appoints Doraiswamy Ramachandran as Chairman and Non-Executive Director
LIC Housing Finance Ltd (LICHFL) has appointed Shri Doraiswamy Ramachandran as Additional Non-Executive (Nominee) Director and Chairman, effective October 16, 2025. Ramachandran, currently CEO & MD of Life Insurance Corporation of India, brings over 39 years of experience in finance. The appointment is subject to RBI approval and shareholder confirmation within three months. Ramachandran satisfies the Fit & Proper Criteria for director appointments.
01Aug 25
LIC Housing Finance Reports 4.6% Rise in Q1 Profit to ₹1,360 Crore
LIC Housing Finance's net profit rose 4.6% to ₹1,359.92 crore in Q1 FY24. Revenue from operations grew 6.6% to ₹7,233.13 crore. Interest income increased to ₹7,113.06 crore. Asset quality improved with GNPA at 2.62% and NNPA at 1.30%. The company issued non-convertible debentures worth ₹7,960 crore and commercial paper worth ₹1,500 crore. Liquidity coverage ratio stood at 177.43%. The board approved shifting of registered office to Mumbai.
18Jul 25
LIC Housing Finance Exits NPS-Lite Swavalamban Scheme as Aggregator
LIC Housing Finance Limited (LICHFL) has deregistered as an aggregator under the NPS-Lite Swavalamban Scheme, effective July 9, 2025. The company surrendered its Certificate of Registration as a Point of Presence (PoP) following a letter from the Pension Fund Regulatory and Development Authority (PFRDA). This move may indicate a strategic shift for LICHFL to focus on its core housing finance business.
19May 25
LIC Housing Finance Reports Improved Q4 Margins, Eyes Double-Digit AUM Growth
LIC Housing Finance saw its net interest margins rise to 2.86%, a 16 basis points increase quarter-on-quarter. The company's revenue grew by 3.33% to ₹7,305.60 crore, although net profit declined by 4.27% to ₹1,373.60 crore. LIC Housing Finance has provided guidance for double-digit Assets Under Management growth. Nirmal Bang maintains a 'Buy' rating but cautions about potential pressure on NIMs due to increasing competition and interest rate volatility.
16May 25
LIC Housing Finance Reports 25% YoY Profit Surge in Q4, Driven by Lower Provisions
LIC Housing Finance announced strong Q4 results with net profit rising 25% to ₹1,368.00 crore. Total loan disbursements increased 5% to ₹19,156.00 crore, with individual home loans reaching ₹15,383.00 crore. The outstanding loan book grew 7% to ₹3,07,732.00 crore. The profit growth was primarily driven by a significant reduction in provisions.
15May 25
LIC Housing Finance: Q4 Profit Rises 25%, Meets Estimates
LIC Housing Finance has reported a strong Q4 performance with net profit rising 25% year-over-year to ₹1,368.00 crore. Revenue increased by 5% to ₹7,283.00 crore. The company has recommended a dividend of ₹10.00 per equity share.
05May 25
LIC Housing Finance Pioneers Listed Residential Mortgage-Backed Securities in India
LIC Housing Finance has raised ₹10 billion by issuing 20-year residential mortgage-backed securities (RMBS) with a 7.26% coupon rate, now listed on the National Stock Exchange. The National Housing Bank projects the sector to raise ₹100-200 billion through RMBS this fiscal year. This move diversifies funding sources, increases liquidity, deepens the market, and attracts wider investor interest in India's housing finance sector.
25Apr 25
LIC Housing Finance Slashes Home Loan Rates by 25 Basis Points
LIC Housing Finance announces a 25 basis points reduction in its prime lending rate, effective April 28, 2025. Home loan rates will start from 8.00% for both new and existing borrowers. This move follows the RBI's repo rate cut to 6.00% and aims to make home ownership more affordable, potentially stimulating demand in the real estate sector.
18Apr 25
LIC Housing Finance Reshuffles Top Management, Appoints Lokesh Mundhra as New CFO
LIC Housing Finance Ltd (LICHFL) has appointed Shri Lokesh Mundhra as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective immediately. Mundhra, a Chartered Accountant with 32 years of experience at LIC of India, replaces Shri Sudipto Sil, who has been transferred to a marketing role. The company also announced several other senior management appointments, including new General Managers for Marketing, Credit Appraisal, and Recovery. These changes are part of a significant management restructuring at LICHFL.
18Apr 25
LIC Housing Finance Appoints New CFO and Reshuffles Senior Management
LIC Housing Finance Ltd. has announced significant changes to its senior management team. Lokesh Mundhra, a veteran from Life Insurance Corporation of India, has been appointed as the new Chief Financial Officer effective April 17, 2025. The outgoing CFO, Sudipto Sil, has been redesignated as Marketing Head of the Western Region. Additional appointments include new General Managers for Marketing, Credit Appraisal, and Recovery. The company's Chief Information Officer, Sankar Parida, has been transferred to a regional role.
06Mar 25
LIC Housing Finance Approves Massive ₹1.23 Trillion Borrowing Budget for FY 2025-26
LIC Housing Finance Ltd's Board of Directors has approved a borrowing budget of ₹1,22,500 crore for FY 2025-26. The plan includes various financial instruments such as loans, debentures, bonds, and securitization from diverse sources. The board also recommended appointing M/s Shah Gupta & Co. and M/s Batliboi & Purohit as Joint Statutory Auditors, subject to shareholder approval at the upcoming AGM.
05Mar 25
LIC Housing Finance Approves Massive ₹1.23 Trillion Borrowing Budget for FY 2025-26
LIC Housing Finance Ltd's board has approved a borrowing budget of ₹1,22,500 crore for FY 2025-26. The budget includes various financial instruments such as loans, debentures, bonds, and deposits. The board also recommended the appointment of two firms as Joint Statutory Auditors. This significant financial move suggests anticipated growth in housing loan demand and potential expansion of the company's loan portfolio.
LIC Housing Finance
521.05
+2.30
(+0.44%)
1 Year Returns:-2.35%
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