Housing & Urban Development Corporation Limited has informed the Exchange that Board of Directors at its meeting held on August 06, 2025, declared Interim Dividend of Rs. 1.15 per equity share.
HUDCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HUDCO's Board, on August 6, 2025, approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total revenue from operations rose about 34% YoY to Rs. 2,937.31 crore (vs Rs. 2,188.35 crore), driven by interest income of Rs. 2,924.64 crore. Profit after tax grew about 13% to Rs. 630.23 crore (vs Rs. 557.75 crore), with EPS at Rs. 3.15 (vs Rs. 2.79). The Board declared a 1st interim dividend of Rs. 1.15 per share (11.50% on face value) with record date August 14, 2025. The Board also recommended appointing M/s VAP & Associates as Secretarial Auditor for five years (FY26–FY30). The auditor flagged an emphasis of matter on a Rs. 663.46 crore deficit in the No Lien AGP Account, recoverable from MOHUA. During the quarter, HUDCO raised Rs. 5,370 crore via non-convertible debt securities and maintained 100% security cover on secured bonds.
Strong top-line growth (~34%) signals healthy loan portfolio expansion, though PAT growth of ~13% shows margin pressure from rising finance costs. The interim dividend rewards shareholders, while the high debt-equity ratio of 6.61x and the pending Rs. 663.46 crore MOHUA recovery remain key watch items.