LIC Housing Finance Ltd
NSE:LICHSGFIN

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LIC Housing Finance Ltd
NSE:LICHSGFIN
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Price: 552.7 INR 3.58% Market Closed
Market Cap: 304B INR

LIC Housing Finance Ltd
Investor Relations

LIC Housing Finance Ltd., a formidable figure in India's housing finance landscape, emerged in 1989 as a subsidiary of the Life Insurance Corporation of India. With a mandate rooted in facilitating home ownership among a burgeoning middle class, the company carved out a niche in the provision of long-term finance for the purchase or construction of residential properties. The core of its operations revolves around offering housing loans to individuals, as well as loans for corporate developers engaged in residential projects. By maintaining a robust pipeline of financial products tailored to different segments, LIC Housing Finance taps into the aspirational Indian housing market while also catering to niche demands such as loans against properties and refinancing existing loans.

The company's revenue model hinges on the spread between the interest rates at which it borrows and lends. Securing funds through various channels like bank term loans, market borrowings, and deposits, LIC Housing Finance is adept at managing risk and maintaining liquidity. This financial interplay allows the company to sustain its operational flow, generating income from interest differentials. With a strategic eye on market dynamics, LIC Housing Finance is nimble enough to adjust interest rates and credit terms, thus maximizing profitability while prioritizing risk management. The trust in the brand, bolstered by LIC's legacy, further enables a steady influx of customers, positioning the company as a stalwart in India's ever-evolving housing finance sector.

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LICHSGFIN
BSE Sensex 30

Earnings Calls

2025 Q2
Oct 29, 2024
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Solid Growth in Home Loans and Revenue Amid Market Recovery
2025 Q2
Oct 29, 2024

In Q2 FY '25, LIC Housing Finance reported a modest revenue growth of 3%, totaling INR 6,926 crores. The outstanding loan portfolio grew 6% to INR 294,588 crores, with home loans comprising 85%. Disbursements surged 12%, reaching INR 16,476 crores. The profit before tax rose by 12% to INR 1,664 crores, while profit after tax also increased by 12% to INR 1,328 crores. As confidence returns to the residential sector, the company anticipates growth of 12-15% this fiscal year, bolstered by ongoing festive demand.

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Management

Mr. Tribhuwan Adhikari
COO, CEO, MD & Additional Director
No Bio Available
Mr. Sudipto Sil
Chief Financial Officer
No Bio Available
Ms. Varsha Hardasani
Company Secretary & Compliance Officer
No Bio Available
Mr. H J Panchariya
General Manager of Accounts
No Bio Available
Mr. R. Murali
Chief Compliance Officer
No Bio Available
Mr. A. K. Verma
General Manager of Legal, Audit & Staff Discipline
No Bio Available
Mr. N. Mahesh
Joint General Manager of CART, PR & Publicity,New Initiatives
No Bio Available
Mr. P P Kelkar
General Manager of Marketing
No Bio Available
Ms. Meenakshi Kumar
General Manager of CRM, Document Management & HR
No Bio Available
Mr. J. Sangameswar
Chief Risk Officer
No Bio Available

Contacts

Address
MAHARASHTRA
Mumbai
131, Maker Tower, F Premises,13 th Floor, Cuffe Parade Mumbai-400005
Contacts
+912222178612
www.lichousing.com