Housing & Urban Development Corporation Limited has informed the Exchange about Transcript
HUDCO · price
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Awaiting price reaction for this filing.
HUDCO's Q4 FY'25 earnings call highlighted strong business growth, with annual sanctions reaching INR1.27 lakh crores (up from INR82,000 crores previously) and disbursements of over INR40,000 crores, more than double the prior year. The company maintained excellent asset quality with net NPA at 0.25% and a CRAR of around 50%. Cost of funds improved by 35 basis points to 6.75%, and NIM expanded from 3.18% to 3.22%, with management guiding for NIM around 3.25-3.30% going forward. ROE stood at 15%. Management targets a loan book of INR1.5 lakh crores by FY26 and INR3 lakh crores by 2030, backed by a committed pipeline of INR2 lakh crores and INR8 lakh crores in signed MOUs. NPA resolution is underway, with INR600 crores already written back in FY25 and INR400-500 crores expected in FY26.
Positive for shareholders — the company is delivering consistent margin and yield expansion while maintaining strong asset quality, and has clear funding cost reduction levers (54EC bonds, zero coupon bonds, retiring high-cost loans). The INR3 lakh crore long-term target signals meaningful growth runway, though management flagged that private sector PPP lending will be selective to avoid repeating past NPA mistakes.