30-Oct-2026 21:56:17
LIC HOUSING FINANCE Q2 FY27: PAT UP 11% YOY & 1.37% QOQ; DISBURSEMENTS UP 20.74% QOQ, LOAN BOOK AT ₹3.26 LAKH CR
• Quarterly Results: Revenue increased 1% YoY and 1.61% QoQ to ₹7,175 Cr, while PAT grew 11% YoY and 1.37% QoQ to ₹1,508.78 Cr • Net Interest Income: NII increased 2% YoY and 0.59% QoQ to ₹2,087.86 Cr • Profit Before Tax: PBT increased 13% YoY and 1.59% QoQ to ₹1,918.55 Cr • Loan Book Growth: Outstanding loan portfolio increased 5% YoY to ₹3,26,173 Cr, supported by retail and project finance lending • Disbursement Growth: Total loan disbursements increased 11% YoY and 20.74% QoQ to ₹18,127 Cr • Retail Lending: Retail disbursements increased 10% YoY and 24.20% QoQ to ₹17,563 Cr, while retail loan portfolio grew 4% YoY to ₹3,16,433 Cr • Project Finance: Disbursements surged 49% YoY but declined 35.32% QoQ to ₹564 Cr, while outstanding project loan portfolio increased 12% YoY to ₹9,740 Cr • NIM Performance: Net Interest Margin stood at 2.58% versus 2.62% YoY and 2.58% QoQ • Funding Costs: Weighted average cost of funds stood at 7.29% during H1 FY27, compared with 7.42% YoY; incremental borrowing cost was 6.91% in Q2 • Spread Pressure: H1 yield on advances declined to 9.04% from 9.40% YoY, while lending spread narrowed to 1.75% from 1.98% • Asset Quality: Stage 3 exposure improved to 2.05% from 2.51% YoY, while Stage 2 exposure declined to 2.53% from 3.38% • Provision Reduction: Total ECL provisions declined to ₹4,292 Cr from ₹5,074 Cr YoY, although Stage 3 provision coverage declined to 49% from 53% • Loan Portfolio Mix: Retail loans contributed 97% of total outstanding loans, while project finance accounted for 3% • Future Growth Opportunities: Focused on retail and project lending growth, improving asset quality, expanding digital lending and leveraging its existing distribution network
LIC HOUSING FINANCE LTD