LIC Housing Finance Ltd (LICHFL) offers long-term finance products for the purchase or construction of houses for residential purposes. The company, incorporated in 1989, is one of the biggest players in its segment. It also offers finance on existing property for business or personal needs.
LICHFL also gives loans to professionals for the purchase/ construction of clinics, nursing homes, office spaces and related equipment. Builders and developers engaged in the construction of houses for sale can also avail benefits of LICHFL's products. The company's network includes 9 regional offices, 24 back offices, 282 marketing offices in India, and an overseas branch in Dubai, UAE. It has a team of over 12,000 LICHFL representatives across India.
Business operations
The company promoted by LIC India went public in 1994 with a listing on Indian bourses. Its global depository receipts are also listed on the Luxembourg Stock Exchange. LIC HFL has four subsidiary companies:
LICHFL Care Homes Limited
The company was incorporated in 2001 to operate assisted community living centres for senior citizens. It has established care homes under two projects in Bengaluru. One more project is underway in Bhubaneswar. LICHFL Care Homes Limited has teamed up with Tata Value Homes Limited for a senior living project at Vasind.
LICHFL Financial Services Limited
It was incorporated for undertaking non-fund-based activities like marketing housing loans, insurance products, credit cards, mutual funds and pension schemes.
LICHFL Asset Management Company Limited
The company is presently acting as the investment manager for LICHFL Urban Development Fund, a venture capital fund specialising in mid-income housing and Income yielding micro infrastructure assets.
LICHFL Trustee Company Private Limited
Incorporated in 2008, the company's role was to manage the business of trustees of venture capital trusts and funds. The company offers trusteeship service to the venture capital fund – LICHFL Urban Development Fund managed by LICHFL Asset Management Company Limited.
In FY 2023, LIC HFL completed a project in Bengaluru and the Jeevan Anand Project at Bhubaneswar. The company also launched a new Alternative Investment Fund (AIF) – LICHFL Housing & Infrastructure Fund (LHIF) — with a total corpus of ₹1,000 crore, including a green shoe option of ₹250 crore.
In FY 2023, the company disbursed over ₹65,115 crore loan – ₹53,459 under individual home loans and ₹2,697 as project loans. The company loan book exceeded ₹2.75 lakh crore as of March 31, 2023.
LIC Housing Finance Ltd's market valuation stood at over ₹ 30,600 crore as of January 3, 2024. LIC Housing Finance Ltd's share price has grown over 46% in the past three years.
LIC Housing Finance Financial Highlights
- Revenue: LIC Housing Finance reported revenue of ₹28,495.33 crore in FY26 vs ₹28,097.16 crore in FY25. It showed an increase of 1.42% on a yearly basis.
- Operating Profit: LIC Housing Finance reported an operating profit of ₹7,103.47 crore in FY26 vs ₹6,878.86 crore in FY25. It showed an increase of 3.27% on a year-on-year basis.
- Net Profit: LIC Housing Finance reported a net profit of ₹5,604.24 crore in FY26 vs ₹5,442.70 crore in FY25. It showed an increase of 2.97% on a yearly basis.
LIC Housing Finance Quarterly Result Highlights
- LIC Housing Finance reported revenue of ₹7,082.59 crore in Jun 2026, compared with ₹7,094.38 crore in Mar 2026, representing a decrease of 0.17% on a quarter-on-quarter (QoQ) basis.
- LIC Housing Finance reported an operating profit of ₹1,901.18 crore in Jun 2026, compared with ₹1,933.47 crore in Mar 2026, representing a decrease of 1.67% on a quarter-on-quarter (QoQ) basis.
- LIC Housing Finance reported a profit of ₹1,499.03 crore in Jun 2026, compared with ₹1,492.63 crore in Mar 2026, reflecting an increase of 0.43% on a QoQ basis.
- The earnings per share (EPS) of LIC Housing Finance stood at ₹101.87 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.