1. LIC Housing Finance
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61% Buy

LIC Housing Finance Share Price

LICHSGFIN

₹644.85-₹7.15 (-1.1%) TodayLast updated on 18 May, 2024 | 12:48 PM IST
₹642.20₹655.00
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Company overview

Financial performance

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Market cap

Market Cap Switch₹35,927 Cr

Open

₹652.35

Close

₹652.00

Circuit range

₹684.60 - ₹619.40

Day range

₹642.20 - ₹655.00

Year range

₹362.75 - ₹683.00

Volume

3,98,889

Avg. traded

₹647.77

Revenue (12m)

₹27,190 Cr

LIC Housing Finance

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.

Financial highlights

The total income of the company for FY23 stood at ₹22,714 crore, up by 13.7% year-on-year growth compared to ₹19,974 crore in FY22. The firm reported a profit of ₹2,891 crore in FY23 as against ₹2,286 crore in FY22. LIC Housing Finance Ltd. recorded net NPA of 2.50% in FY23. Its earnings per share (EPS) increased to ₹ 52.56 in FY23 from ₹43.12 in the last financial year.

LIC Housing Finance Key indicators

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52 week high

₹683.00

52 week low

₹362.75

P/E ratio

7.53

P/B ratio

1.13

ROE

11.17%

ROCE

7.59%

Dividend yield

1.36%

Debt/Equity ratio

9.03

EPS

52.55

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Investment checklist: (3/6)

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

61%

Hold

25%

Sell

14%

This analysis is based on the reviews of 28 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

87.43%

Net profit margin

12.76%

ROE

11.17%

ROA

1.09%

ROCE

7.59%

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LIC Housing Finance Shareholder returns

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1 day

-0.18%

1 week

+4.07%

1 month

-0.31%

3 months

+1.60%

1 year

+76.00%

3 years

+49.47%

5 years

+30.60%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

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Balance sheet

All values are in ₹ Crores (Cr)
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LIC Housing Finance Share Price history

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DayOpenCloseDay’s change

Shareholding info

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Promoters (45.24%)

Mutual Funds (16.48%)

Retail and other (10.18%)

Foreign institutions-FII (22.31%)

Other domestic institutions (5.79%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹8.5/share

    Ex date 18 Aug 2023

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  • Dividend • ₹8.5/share

    Ex date 19 Sep 2022

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Frequently asked questions