LIC Housing Finance Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2026, recommended Final Dividend of Rs. 10 per equity share.
LICHSGFIN · price
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LIC Housing Finance reported standalone FY2026 revenue of ₹28,765 Crore, up 2.6% from ₹28,037 Crore in FY2025. Net profit after tax stood at ₹5,595 Crore versus ₹5,429 Crore in the prior year, a growth of approximately 3.1%. Basic EPS improved to ₹101.72 from ₹98.70. The Board recommended a final dividend of ₹10 per equity share (500% on face value of ₹2), same as the previous year, subject to shareholder approval at the AGM. The auditors (Shah Gupta & Co. and Batliboi & Purohit) issued an unmodified opinion on the financial statements. Asset quality improved with GNPA declining to 2.15% from 2.47% and NNPA at 1.08% versus 1.22% a year ago. The company also appointed Shri Sandeep Kumar as Chief Operating Officer.
Steady performance with modest profit growth and no dividend change — positive for income-focused investors, but the stock is unlikely to see a significant re-rating. Declining NPA ratios signal improving credit quality.