Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of LIC Housing Finance Ltd

About the Company - LIC Housing Finance Ltd

LIC Housing Finance Ltd. is a Public Limited Listed company incorporated on 19/06/1989 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65922MH1989PLC052257 and registration number is 052257. Currently Company is involved in the business activities of Activities of specialized institutions granting credit for house purchases that also take deposits. Company’s Total Operating Revenue is Rs. 19919.07 Cr. and Equity Capital is Rs. 110.08 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance - HousingBombay Life Building, 2nd Floor, Mumbai Maharashtra 400001lichousing@lichousing.com
http://www.lichousing.com
Management
NamePosition Held
Mr. M R KumarChairman
Mr. Y Viswanatha GowdManaging Director & CEO
Mr. Ravi Krishan TakkarDirector
Mr. Ameet PatelDirector
Mr. Kashi Prasad KhandelwalDirector
Mr. P Koteswara RaoDirector
Mr. Akshay RoutDirector
Mr. Raj KumarDirector
Mr. V K KukrejaDirector
Mr. Jagennath JayanthiDirector
Dr. Dharmendra BhandariDirector
Mr. Sanjay Kumar KhemaniDirector

LIC Housing Finance Ltd. Share Price Update

Share PriceValue
Today₹652.90
Previous Day₹646.30

Basic Stock Data of LIC Housing Finance Ltd

Market Cap 35,331 Cr.
Current Price 642
High / Low670/315
Stock P/E7.26
Book Value 531
Dividend Yield1.32 %
ROCE7.57 %
ROE11.1 %
Face Value 2.00

Data Source: screener.in

Competitors of LIC Housing Finance Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Repco Home Finance Ltd 2,824 Cr. 451493/1687.66 4290.60 %9.04 %12.5 % 10.0
Indiabulls Housing Finance Ltd 12,179 Cr. 194209/81.810.6 2490.62 %9.79 %6.62 % 2.00
Reliance Home Finance Ltd 173 Cr. 3.566.22/1.610.03 1.400.00 %258 %% 10.0
Coral India Finance & Housing Ltd 220 Cr. 54.674.5/26.111.0 41.30.55 %15.3 %12.6 % 2.00
GIC Housing Finance Ltd 1,324 Cr. 246292/1448.84 3231.83 %8.69 %13.1 % 10.0
Industry Average3,344.00 Cr189.837.63208.740.72%60.16%8.96%6.80

LIC Housing Finance Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Revenue4,9774,9114,9824,8654,7185,0645,3285,2965,0965,8906,4316,7596,765
Interest3,7003,5943,3923,5493,5053,5463,5513,6393,8864,2324,3784,4934,600
Expenses2643481,2131,1118925524565048111,069582602670
Financing Profit1,0149683772043209671,3201,1533995891,4721,6641,496
Financing Margin %20%20%8%4%7%19%25%22%8%10%23%25%22%
Other Income1016-2351496560-00
Depreciation13141213141415161617191913
Profit before tax1,0119703621943129681,3141,1433885771,4531,6451,483
Tax %22%26%-12%22%20%20%15%19%20%20%18%20%20%
Net Profit7947214061512507711,1149263134621,1911,3191,194
EPS in Rs15.7214.298.053.004.5414.0220.2516.845.698.4021.6523.9821.70
Gross NPA %
Net NPA %

LIC Housing Finance Ltd Quarterly Chart

LIC Housing Finance Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Revenue6,2327,7359,33910,81212,49114,09214,87617,39819,74019,88619,97822,71425,846
Interest4,5915,9257,1748,3109,30710,23111,14412,89114,78114,45014,15116,13517,703
Expenses4113963573906118879401,1041,5922,0123,0122,9642,922
Financing Profit1,2301,4141,8082,1122,5732,9742,7923,4043,3673,4232,8153,6155,221
Financing Margin %20%18%19%20%21%21%19%20%17%17%14%16%20%
Other Income1211341712900-33-527146
Depreciation88810101010125152556969
Profit before tax1,2351,4181,8342,1192,5752,9732,7823,3923,2823,3652,7873,5615,158
Tax %26%26%28%34%35%35%28%28%27%19%18%19%
Net Profit9201,0481,3191,3961,6681,9422,0082,4342,4042,7412,2862,8914,166
EPS in Rs18.2320.7626.1227.6533.0538.4939.7948.2347.6254.3141.5552.5675.73
Dividend Payout %20%18%17%18%17%16%17%16%17%16%20%16%

LIC Housing Finance Ltd Profit & Loss Yearly Chart

LIC Housing Finance Ltd Growth

Compounded Sales Growth
10 Years:11%
5 Years:9%
3 Years:5%
TTM:24%
Compounded Profit Growth
10 Years:11%
5 Years:8%
3 Years:6%
TTM:73%
Stock Price CAGR
10 Years:12%
5 Years:6%
3 Years:14%
1 Year:82%
Return on Equity
10 Years:14%
5 Years:13%
3 Years:12%
Last Year:11%

LIC Housing Finance Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital101101101101101101101101101101110110110
Reserves5,6096,4327,4857,7799,11411,05514,21016,23018,16420,50024,64127,07529,115
Borrowings56,08768,76482,03696,532110,931126,337150,913170,657191,428207,925223,757244,913243,459
Other Liabilities4,0475,3506,2408,21810,44113,5046,00413,7197,2277,1956,1796,4619,253
Total Liabilities65,84480,64795,862112,630130,587150,997171,228200,707216,920235,721254,687278,559281,937
Fixed Assets74738690102102129168294282315388390
CWIP1000053236411
Investments1721951942412805372,0083,6175,4854,6446,2797,0506,005
Other Assets65,59880,37995,581112,298130,204150,352169,088196,920211,138230,789248,088271,120275,542
Total Assets65,84480,64795,862112,630130,587150,997171,228200,707216,920235,721254,687278,559281,937

LIC Housing Finance Ltd Reserves and Borrowings Chart

LIC Housing Finance Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -11,621-12,578-11,523-14,345-13,039-14,273-18,977-21,538-14,738-17,140-16,729-19,632
Cash from Investing Activity -21-27-2-58-58-2781,368-1,642-1,851858-1,629-799
Cash from Financing Activity 11,54212,46713,04814,23214,09815,07218,07424,06815,15616,24517,85020,249
Net Cash Flow-100-1381,524-1711,001521465887-1,434-37-508-183

LIC Housing Finance Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
ROE %19%17%19%18%20%19%16%16%14%14%10%11%

LIC Housing Finance Ltd Financial Efficiency Indicators Chart

LIC Housing Finance Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters40.31%40.31%45.24%45.24%45.24%45.24%45.24%45.24%45.24%45.24%45.24%45.24%
FIIs28.20%28.80%24.07%23.46%23.03%20.67%20.97%19.32%17.66%17.15%21.21%21.91%
DIIs16.82%15.57%14.96%14.92%16.23%19.22%20.68%22.74%24.18%25.03%21.51%21.76%
Public14.67%15.32%15.73%16.38%15.50%14.88%13.10%12.70%12.92%12.56%12.03%11.09%
No. of Shareholders2,96,5703,24,1383,84,4144,16,1464,52,1334,42,3593,77,7013,64,7853,62,9743,49,1733,24,8143,05,862

LIC Housing Finance Ltd Shareholding Pattern Chart

No. of LIC Housing Finance Ltd Shareholders

LIC Housing Finance Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
SBI Small Cap Fund77000001.65378.19
Mirae Asset Emerging Bluechip Fund71353891.17327.66
ICICI Prudential Value Discovery Fund68007080.96312.29
Mirae Asset Midcap Fund42529241.66195.29
Nippon India Banking & Financial Services Fund30250003.07148.57
ICICI Prudential Balanced Advantage Fund31685740.29145.5
HDFC Large and Mid Cap Fund - Regular Plan30080011.16138.13
SBI Arbitrage Opportunities Fund23340000.48114.63
ICICI Prudential Bluechip Fund23904590.27109.77
Tata Large & Mid Cap Fund - Regular Plan22000001.89108.05

LIC Housing Finance Ltd ROCE Trend

LIC Housing Finance Ltd EPS Trend

LIC Housing Finance Ltd Key Financial Ratios

MonthMar 22Mar 21Mar 20Mar 19Mar 18
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)43.1254.3247.6348.2339.85
Diluted EPS (Rs.)43.1254.3247.6348.2339.85
Cash EPS (Rs.)42.5455.3248.6148.4539.97
Book Value[Excl.RevalReserv]/Share (Rs.)449.74408.04361.76323.46283.45
Book Value[Incl.RevalReserv]/Share (Rs.)449.74408.04361.76323.46283.45
Revenue From Operations / Share (Rs.)362.91393.74390.85344.44294.58
PBDIT / Share (Rs.)308.75353.86358.74322.70275.99
PBIT / Share (Rs.)307.75352.82357.73322.46275.79
PBT / Share (Rs.)50.6466.6465.0067.1755.09
Net Profit / Share (Rs.)41.5354.2847.6048.2139.77
NP After MI And SOA / Share (Rs.)41.5354.2847.5948.2039.76
PBDIT Margin (%)85.0789.8791.7893.6893.68
PBIT Margin (%)84.8089.6091.5293.6193.61
PBT Margin (%)13.9516.9216.6319.5018.70
Net Profit Margin (%)11.4413.7812.1713.9913.50
NP After MI And SOA Margin (%)11.4413.7812.1713.9913.49
Return on Networth / Equity (%)9.2313.3013.1514.9014.03
Return on Capital Employeed (%)9.8210.6810.9610.139.72
Return On Assets (%)0.891.161.101.211.17
Long Term Debt / Equity (X)5.957.078.008.839.00
Total Debt / Equity (X)9.0310.0910.4710.4510.15
Asset Turnover Ratio (%)0.080.080.090.090.09
Current Ratio (X)3.073.404.145.006.09
Quick Ratio (X)3.073.404.145.006.09
Dividend Payout Ratio (NP) (%)20.4514.7315.9514.0915.58
Dividend Payout Ratio (CP) (%)19.9714.4515.6214.0215.50
Earning Retention Ratio (%)79.5585.2784.0585.9184.42
Cash Earning Retention Ratio (%)80.0385.5584.3885.9884.50
Interest Coverage Ratio (X)1.201.241.231.261.25
Interest Coverage Ratio (Post Tax) (X)1.161.191.161.191.18
Enterprise Value (Cr.)242411.98228032.23201136.44194563.53170189.64
EV / Net Operating Revenue (X)12.1411.4710.1911.1911.44
EV / EBITDA (X)14.2612.7611.1011.9412.21
MarketCap / Net Operating Revenue (X)0.991.090.601.551.82
Retention Ratios (%)79.5485.2684.0485.9084.41
Price / BV (X)0.791.050.651.651.89
Price / Net Operating Revenue (X)0.991.090.601.551.82
EarningsYield0.110.120.200.090.07

LIC Housing Finance Ltd Profitability Ratios (%)

LIC Housing Finance Ltd Liquidity Ratios

LIC Housing Finance Ltd Liquidity Ratios (%)

LIC Housing Finance Ltd Interest Coverage Ratios (%)

LIC Housing Finance Ltd Valuation Ratios

Fair Value of LIC Housing Finance Ltd Stock

Fair Value: ₹433.56

The stock is overvalued by 32.47% compared to the current price ₹642

*Investments are subject to market risks

Strength and Weakness of LIC Housing Finance Ltd Stock

Unable to fetch valid data for stock valuation.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in LIC Housing Finance Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE