LIC Housing Finance Q1 PAT Up 9.4% to ₹1488 Cr

LIC Housing Finance Limited – Investor Presentation Summary

Key Operational Highlights

Outstanding Loan portfolio grew 4% YoY to ₹322,098 crore as of June 30, 2026.
Individual Home Loan Portfolio grew 4% YoY to ₹271,979 crore.
Q1 FY27 Loan Disbursements reached ₹15,014 crore, up 14.5% YoY from ₹13,116 crore.
Individual Housing Loan Disbursements were ₹12,119 crore, up 8% YoY from ₹11,247 crore.
Non-Housing Individual Loan Disbursements were ₹1,975 crore, up 20% YoY from ₹1,647 crore.
Non-Housing Commercial Loan Disbursements were ₹48 crore, down 27% YoY from ₹66 crore.
Project Finance Disbursements were ₹872 crore, up 459% YoY from ₹156 crore.
Online Loan approvals during Q1 FY27 were ₹782 crore.
The company has a large geographic presence with 10 Regional Offices, 23 Back Offices, 39 Cluster Offices, 303 Area Offices, a rep office in Dubai, and 2,400 employees.

Key drivers of operational performance:

Growth driven by increased disbursements across individual housing and non-housing segments, along with a significant rise in project finance disbursements.

Segment-wise Performance

Performance by loan type (Outstanding Portfolio as of June 30, 2026):

Individual Loans: ₹312,411 crore (4% growth from ₹300,637 crore YoY)
Project Loans: ₹9,687 crore (8% growth from ₹8,950 crore YoY)

Financial Highlights

Revenue from Operations: ₹7,062.45 crore for Q1 FY27 (compared to ₹7,169.32 crore for Q1 FY26, a -1% change)
Finance cost: ₹4,948.05 crore for Q1 FY27 (compared to ₹5,048.35 crore for Q1 FY26, a -2% change)
Net Interest Income: ₹2,075.52 crore for Q1 FY27 (compared to ₹2,064.71 crore for Q1 FY26, a 1% change)
Impairment on Financial Instruments: ₹-164.23 crore for Q1 FY27 (compared to ₹121.67 crore for Q1 FY26, a -235% change)
Profit before Tax: ₹1,888.43 crore for Q1 FY27 (compared to ₹1,699.16 crore for Q1 FY26, an 11% change)
Tax Expense: ₹400.11 crore for Q1 FY27 (compared to ₹339.24 crore for Q1 FY26, an 18% change)
Net Profit (PAT): ₹1,488.32 crore for Q1 FY27 (compared to ₹1,359.92 crore for Q1 FY26, a 9.4% change)
Net Interest Margins: 2.58% for Q1 FY27 (compared to 2.68% for Q1 FY26)
Weighted average cost of funds: 7.28% for Q1 FY27 (compared to 7.50% for Q1 FY26)
Yield on advances annualised: 9.12% for Q1 FY27 (compared to 9.60% for Q1 FY26)
Spreads: 1.84% for Q1 FY27 (compared to 2.10% for Q1 FY26)
During Q1 FY27, Incremental Cost of Funds was 7.06%.

Drivers of financial performance:

Higher net profit driven by increased disbursements and a significant reversal in impairment provisions (-₹164.23 crore vs. expense of ₹121.67 crore YoY).

Asset Quality & Provisions

Stage 3 Exposure At Default (EAD): 2.14% as on June 30, 2026 (improved from 2.62% as on June 30, 2025)
Stage 1 EAD: 95.26% as on June 30, 2026 (93.80% as on June 30, 2025)
Stage 2 EAD: 2.60% as on June 30, 2026 (3.58% as on June 30, 2025)
Total ECL provision: ₹4,398 crore as on June 30, 2026 (compared to ₹5,051 crore as on June 30, 2025)
Stage 1: ₹670.83 crore (₹514.19 crore as on June 30, 2025)
Stage 2: ₹408.59 crore (₹414.09 crore as on June 30, 2025)
Stage 3: ₹3,319.01 crore (₹4,122.99 crore as on June 30, 2025)
PCR (Stage III): 48%

Capital Adequacy

Capital Adequacy Ratio as of March 2026:
Tier I: 24.20%
Tier II: 1.29%
Total: 25.48%
Capital Adequacy Ratio as of March 2025:
Tier I: 21.70%
Tier II: 1.50%
Total: 23.20%

Loan Book Characteristics

Pure Floating Rate Loans to Outstanding Portfolio: 99% as of Q1 FY27 (99% as of FY26, 99% as of FY25)
On Incremental Sanctions For FY25: 50%
Prepayment (Lump Sum/opening book):
For FY25: 9.4%
For FY26: 12.0%
For Q1 FY27: 11.7%
Installment to Net Income Ratio on Incremental Sanctions:
For FY25: 43%
For FY26: 42%
For Q1 FY27: 42%

Profitability Ratios

Return on Average Equity (%): 15% for Q1 FY27 (14% for Q1 FY26)
Return on Average Assets (%): 1.76% for Q1 FY27 (1.85% for Q1 FY26)
Earnings per share (on Rs 2 paid up): ₹27.06 for Q1 FY27 (₹24.72 for Q1 FY26)
Profit per employee: Not specified in rupees lakhs for current period

Shareholding Pattern (June 2026)

Top 10 Shareholders:

ICICI Prudential Asset Management Co. Ltd.: 6.70%
Norges Bank Investment Management (NBIM): 2.31%
Bank Muscat SAOG: 2.09%
Bandhan Asset Management Company Limited: 2.08%
Vanguard Capital Management, LLC: 1.67%
Nippon Life India Asset Management Limited: 1.62%
HDFC Asset Management Co., Ltd.: 1.27%
Tata Asset Management Ltd.: 1.20%
Quant Money Managers Ltd: 1.06%