LIC Housing Finance Limited has informed the Exchange about Investor Presentation
LICHSGFIN · price
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LIC Housing Finance reported Q4 FY26 PAT of Rs.1,497 Cr, up 9% YoY, with full-year PAT at Rs.5,595 Cr, up 3%. Disbursements grew 10% YoY to Rs.21,019 Cr in Q4, driven by strong 25% growth in non-housing individual loans. The loan portfolio stood at Rs.3,20,707 Cr, up 4%. However, Net Interest Margins declined to 2.68% for FY26 from 2.73% in FY25, as weighted average cost of funds fell to 7.27% but yield on advances also declined to 9.21% from 9.79%, compressing spreads to 1.94% from 2.06%. Stage 3 EAD improved to 2.16% from 2.47%, while total ECL provisions reduced to Rs.4,569 Cr from Rs.4,899 Cr. The board proposed a dividend of Rs.10 per share (500%). Promoter LIC holds 45.24% stake.
While profit growth is healthy, the continued NIM compression from declining yields and narrowing spreads is a concern for shareholders. The improving asset quality and strong disbursement growth provide some offset. The consistent dividend payout is positive.