Outcome of Board Meeting dated 13th May, 2026
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LIC Housing Finance Ltd held its Board Meeting on May 13, 2026 where it approved the audited standalone financial results for Q4 and FY ended March 31, 2026. Total income grew to Rs. 28,771.66 crore from Rs. 28,046.13 crore in the previous year, while Net Profit After Tax increased to Rs. 5,595.15 crore from Rs. 5,429.02 crore. EPS improved to Rs. 101.72 from Rs. 98.70. The Board recommended a final dividend of Rs. 10 per equity share (500% of face value), unchanged from the previous year. Shri Sandeep Kumar was appointed as Chief Operating Officer. Asset quality improved with GNPA declining to 2.15% from 2.47%, and NNPA to 1.08% from 1.22%. The Debt Equity ratio improved to 7.16 from 7.96. Joint Statutory Auditors issued an unmodified opinion.
Positive signals include steady PAT growth of about 3%, improved asset quality metrics, and reduced leverage ratio. The unchanged dividend at Rs. 10 per share maintains shareholder returns. The appointment of a new COO with over three decades of LIC experience may strengthen operations.