Cash flow LIC Housing Finance Limited

Equities

LICHSGFIN

INE115A01026

Banks

Market Closed - NSE India S.E. Other stock markets 06:40:32 11/03/2026 pm IST			5-day change	1st Jan Change
505.40 ^INR	-1.39%		-4.27%	-6.33%

03/02	Avendus Spark Downgrades LIC Housing Finance to Sell from Add; Price Target is INR443	MT
03/02	ICICI Securities Upgrades LIC Housing Finance to Hold from Reduce; Price Target is INR500	MT

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Published financial data: LIC HOUSING FINANCE LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	20TCr	20TCr	23TCr	27TCr	28TCr
Interest Expense, Total	14TCr	14TCr	16TCr	18TCr	20TCr
Net Interest Income	5.26TCr	5.57TCr	6.41TCr	8.68TCr	8.16TCr
Commission and Fees	99Cr	117.61Cr	67Cr	67Cr	64Cr
Gain (Loss) on Sale of Investments, Total (Rev)	-	-	-	-	-
Other Revenues, Total	77Cr	142.48Cr	103.83Cr	143.52Cr	357.25Cr
Revenues Before Provison For Loan Losses	5.44TCr	5.83TCr	6.58TCr	8.89TCr	8.58TCr
Provision For Loan Losses	-	-	1.94TCr	1.62TCr	261.1Cr
Total Revenues	5.44TCr	5.83TCr	4.65TCr	7.27TCr	8.32TCr
Salaries And Other Employee Benefits	323.78Cr	602.45Cr	516.41Cr	649.63Cr	755.38Cr
Cost of Services Provided, Total	145.18Cr	179.64Cr	250.26Cr	212.05Cr	227.61Cr
Depreciation & Amortization - (IS) - (Collected)	52Cr	55Cr	69Cr	69Cr	98Cr
Provision for Bad Debts	-	23Cr	-	-	-
Other Operating Expenses	1.54TCr	2.21TCr	261.11Cr	274.55Cr	364.56Cr
Total Operating Expenses	2.06TCr	3.07TCr	1.1TCr	1.21TCr	1.45TCr
Operating Income	3.37TCr	2.76TCr	3.55TCr	6.06TCr	6.88TCr
Income (Loss) on Equity Invest.	-	-	-	-	2.94Cr
Currency Exchange Gains (Loss)	-5.31Cr	27Cr	11Cr	-	-
Other Non Operating Income (Expenses)	1L	-	1L	-	-
EBT, Excl. Unusual Items	3.37TCr	2.79TCr	3.56TCr	6.06TCr	6.88TCr
Gain (Loss) on Sale of Assets	1L	1L	16L	40L	10L
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	3.37TCr	2.79TCr	3.56TCr	6.06TCr	6.88TCr
Income Tax Expense	624.01Cr	501.25Cr	669.6Cr	1.3TCr	1.44TCr
Earnings From Continuing Operations	2.74TCr	2.29TCr	2.89TCr	4.76TCr	5.44TCr
Net Income to Company	2.74TCr	2.29TCr	2.89TCr	4.76TCr	5.44TCr
Minority Interest	-41L	-35L	-41L	-35L	-47L
Net Income - (IS)	2.74TCr	2.29TCr	2.89TCr	4.76TCr	5.44TCr
Net Income to Common Incl Extra Items	2.74TCr	2.29TCr	2.89TCr	4.76TCr	5.44TCr
Net Income to Common Excl. Extra Items	2.74TCr	2.29TCr	2.89TCr	4.76TCr	5.44TCr
Per Share Items
Net EPS - Basic	54.31	43.11	52.55	86.52	98.94
Basic EPS - Continuing Operations	54.31	43.11	52.55	86.52	98.94
Basic Weighted Average Shares Outstanding	50Cr	53Cr	55Cr	55Cr	55Cr
Net EPS - Diluted	54.31	43.11	52.55	86.52	98.94
Diluted EPS - Continuing Operations	54.31	43.11	52.55	86.52	98.94
Diluted Weighted Average Shares Outstanding	50Cr	53Cr	55Cr	55Cr	55Cr
Normalized Basic EPS	41.67	32.85	40.45	68.89	78.15
Normalized Diluted EPS	41.67	32.85	40.45	68.89	78.15
Dividend Per Share	8.5	8.5	8.5	9	10
Payout Ratio	14.73	20.46	15.98	9.82	9.1
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
Total Revenues (As Reported)	20TCr	20TCr	23TCr	27TCr	28TCr
Effective Tax Rate - (Ratio)	18.54	17.98	18.8	21.52	20.88
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	945.85Cr	952.26Cr	1.2TCr	1.05TCr	1.07TCr
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-321.84Cr	-451.01Cr	-526.34Cr	258.66Cr	362.89Cr
Normalized Net Income	2.1TCr	1.74TCr	2.22TCr	3.79TCr	4.3TCr
Non-Cash Pension Expense	6.63Cr	36Cr	10Cr	36Cr	50Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.33TCr	824.35Cr	641.38Cr	1.42TCr	1.29TCr
Long-Term Investments - (FS Template)	2.46TCr	4.68TCr	4.68TCr	4.66TCr	4.54TCr
Trading Asset Securities, Total	2.19TCr	1.68TCr	2.37TCr	1.68TCr	2.66TCr
Loans and Lease Receivables - (FS Template)	2,28100Cr	2,45200Cr	2,67800Cr	2,80500Cr	3,02800Cr
Other Receivables	121.09Cr	115.37Cr	106.34Cr	165.93Cr	30Cr
Gross Property Plant And Equipment	322.87Cr	346.24Cr	411.25Cr	394.58Cr	651.82Cr
Accumulated Depreciation	-41Cr	-51Cr	-58Cr	-67Cr	-328.4Cr
Net Property Plant And Equipment	282.06Cr	295.7Cr	352.87Cr	327.73Cr	323.42Cr
Goodwill	21L	21L	21L	21L	21L
Other Intangibles, Total	5.94Cr	23Cr	36Cr	32Cr	76Cr
Other Current Assets, Total	238.37Cr	463.46Cr	503.7Cr	731.22Cr	972.52Cr
Deferred Tax Assets Long-Term (Collected)	918.69Cr	1.37TCr	1.9TCr	1.64TCr	1.3TCr
Other Long-Term Assets, Total	83Cr	6L	196.8Cr	145.97Cr	71Cr
Total Assets	2,35700Cr	2,54700Cr	2,78600Cr	2,91300Cr	3,14000Cr
Liabilities
Interest Bearing Deposits	18TCr	18TCr	12TCr	9.94TCr	8.21TCr
Deposits	18TCr	18TCr	12TCr	9.94TCr	8.21TCr
Accounts Payable, Total	86Cr	54Cr	34Cr	71Cr	216.24Cr
Accrued Expenses, Total	5.1TCr	4.71TCr	4.81TCr	5.37TCr	5.95TCr
Short-Term Borrowings	16TCr	19TCr	22TCr	17TCr	34TCr
Current Portion of Long-Term Debt	46TCr	46TCr	56TCr	61TCr	55TCr
Current Portion of Leases	36Cr	40Cr	50Cr	5.48Cr	51Cr
Long-Term Debt	1,28900Cr	1,40300Cr	1,55800Cr	1,65800Cr	1,74100Cr
Long-Term Leases	92Cr	110.09Cr	133.71Cr	165.27Cr	132.72Cr
Current Income Taxes Payable	7.76Cr	-	3.87Cr	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	82Cr	59Cr	360.35Cr	242.51Cr	65Cr
Pension & Other Post Retirement Benefits	142.28Cr	170.4Cr	176.97Cr	238.19Cr	94Cr
Deferred Tax Liability Non-Current	9L	12L	12L	-	-
Other Non Current Liabilities	231.89Cr	236.54Cr	385.2Cr	797.6Cr	424.15Cr
Total Liabilities	2,15100Cr	2,29900Cr	2,51400Cr	2,59900Cr	2,77700Cr
Common Stock, Total	100.93Cr	110.02Cr	110.02Cr	110.02Cr	110.02Cr
Additional Paid In Capital	1.72TCr	4.05TCr	4.05TCr	4.05TCr	4.05TCr
Retained Earnings	19TCr	20TCr	23TCr	27TCr	32TCr
Comprehensive Income and Other	225.72Cr	313.52Cr	318.5Cr	315.09Cr	243.04Cr
Total Common Equity	21TCr	25TCr	27TCr	31TCr	36TCr
Minority Interest	2.71Cr	2.92Cr	3.19Cr	3.4Cr	3.72Cr
Total Equity	21TCr	25TCr	27TCr	31TCr	36TCr
Total Liabilities And Equity	2,35700Cr	2,54700Cr	2,78600Cr	2,91300Cr	3,14000Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	50Cr	55Cr	55Cr	55Cr	55Cr
ECS Total Common Shares Outstanding	50Cr	55Cr	55Cr	55Cr	55Cr
Book Value / Share	408.22	449.96	494.21	572.24	660.87
Tangible Book Value	21TCr	25TCr	27TCr	31TCr	36TCr
Tangible Book Value Per Share	408.1	449.54	493.55	571.65	659.48
Total Debt	1,91000Cr	2,06300Cr	2,34000Cr	2,43200Cr	2,62700Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	87Cr	105.26Cr	100.59Cr	135.38Cr	258.23Cr
Net Debt	1,87500Cr	2,03800Cr	2,30900Cr	2,40100Cr	2,58800Cr
Equity Method Investments, Total	55Cr	56Cr	56Cr	81Cr	84Cr
Full Time Employees	2.43T	2.47T	2.35T	2.35T	2.35T

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	2.74TCr	2.29TCr	2.89TCr	4.76TCr	5.44TCr
Depreciation, Depletion & Amortization	52Cr	53Cr	63Cr	60Cr	88Cr
Total Depreciation, Depletion & Amortization	52Cr	53Cr	63Cr	60Cr	88Cr
Amortization of Deferred Charges, Total	66L	3.65Cr	5.65Cr	8.87Cr	10Cr
Minority Interest in Earnings - (CF)	-41L	-35L	-41L	-35L	-47L
(Gain) Loss On Sale of Asset - (CF)	-126.2Cr	19Cr	-16L	4L	-10L
(Gain) Loss on Sale of Investments - (CF)	30Cr	49Cr	-539.66Cr	21Cr	25Cr
Total Asset Writedown	-	-	-	-	-
Provision for Credit Losses	1.29TCr	1.94TCr	1.94TCr	1.62TCr	261.1Cr
(Income) Loss On Equity Investments - (CF)	2.06Cr	69L	24L	3.76Cr	-
Net (Increase) Decrease in Loans Originated / Sold - Operating	-22TCr	-19TCr	-24TCr	-15TCr	-22TCr
Change in Other Net Operating Assets (Collected)	891.39Cr	-794.27Cr	223.21Cr	176.83Cr	-732.3Cr
Other Operating Activities	5.42TCr	-1.17TCr	-421.04Cr	817.72Cr	476.78Cr
Cash from Operations	-11TCr	-17TCr	-20TCr	-7.15TCr	-17TCr
Capital Expenditure	-11Cr	-35Cr	-64Cr	-37Cr	-73Cr
Sale of Property, Plant, and Equipment	1L	2L	24Cr	80L	10L
Divestitures	43L	49L	27L	35L	24L
Investment in Marketable and Equity Securities, Total	868.62Cr	-1.6TCr	-759.4Cr	623.16Cr	-866.05Cr
Other Investing Activities, Total	-	5.47Cr	43L	-	52L
Cash from Investing	858.23Cr	-1.63TCr	-799.24Cr	586.86Cr	-938.54Cr
Long-Term Debt Issued, Total	1,20400Cr	1,52300Cr	1,82200Cr	1,46400Cr	1,72800Cr
Total Debt Issued	1,20400Cr	1,52300Cr	1,82200Cr	1,46400Cr	1,72800Cr
Long-Term Debt Repaid, Total	-1,09600Cr	-1,36300Cr	-1,54600Cr	-1,37000Cr	-1,53200Cr
Total Debt Repaid	-1,09600Cr	-1,36300Cr	-1,54600Cr	-1,37000Cr	-1,53200Cr
Issuance of Common Stock	-	2.33TCr	-	-	-
Common Dividends Paid	-403.73Cr	-467.55Cr	-462.06Cr	-467.55Cr	-495.06Cr
Common & Preferred Stock Dividends Paid	-403.73Cr	-467.55Cr	-462.06Cr	-467.55Cr	-495.06Cr
Other Financing Activities, Total	-1.22Cr	-41Cr	-6.82TCr	-1.6TCr	-1.66TCr
Cash from Financing	10TCr	18TCr	20TCr	7.35TCr	17TCr
Foreign Exchange Rate Adjustments	-1L	-31L	1L	-1L	-
Miscellaneous Cash Flow Adjustments	1L	-	-	-	-
Net Change in Cash	-37Cr	-507.52Cr	-182.97Cr	781.44Cr	-134.24Cr
Supplemental Items
Cash Interest Paid	15TCr	15TCr	16TCr	18TCr	19TCr
Cash Income Tax Paid (Refund)	632.79Cr	1.09TCr	1.05TCr	1.48TCr	1.21TCr
Net Debt Issued / Repaid	11TCr	16TCr	28TCr	9.41TCr	20TCr

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.21	0.93	1.08	1.67	1.8
Return On Equity %	14.1	10.08	11.13	16.23	16.05
Return on Common Equity	14.1	10.08	11.13	16.23	16.05
Margin Analysis
Gross Profit Margin %	98.12	97.4	95.56	97.55	97.83
SG&A Margin	6.75	10.82	12.06	9.4	9.64
Income From Continuing Operations Margin %	50.43	39.23	62.23	65.47	65.41
Net Income Margin %	50.43	39.23	62.22	65.47	65.4
Net Avail. For Common Margin %	50.43	39.23	62.22	65.47	65.4
Normalized Net Income Margin	38.69	29.89	47.89	52.13	51.66
Asset Turnover
Asset Turnover	0.02	0.02	0.02	0.03	0.03
Short Term Liquidity
Current Ratio	2.71	2.79	2.86	3.07	2.99
Quick Ratio	2.7	2.78	2.86	3.06	2.98
Operating Cash Flow to Current Liabilities	-0.13	-0.19	-0.21	-0.08	-0.16
Long Term Solvency
Total Debt/Equity	926.92	833.32	860.53	772.54	722.67
Total Debt / Total Capital	90.26	89.29	89.59	88.54	87.84
LT Debt/Equity	626.03	567.31	573.64	527.29	479.24
Long-Term Debt / Total Capital	60.96	60.78	59.72	60.43	58.25
Total Liabilities / Total Assets	91.26	90.28	90.24	89.19	88.42
Tier 1 Capital Ratio %	13.87	16.23	16.56	19.19	21.7
Total Capital Ratio %	15.28	18.08	18.23	20.78	23.2
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	9.61	7.21	20.24	56.46	14.51
Gross Profit, 1 Yr. Growth %	8.91	6.42	18.94	59.72	14.8
Earnings From Cont. Operations, 1 Yr. Growth %	14.04	-16.6	26.47	64.62	14.26
Net Income, 1 Yr. Growth %	14.04	-16.6	26.47	64.63	14.26
Normalized Net Income, 1 Yr. Growth %	2.51	-17.17	27.75	70.32	13.36
Diluted EPS Before Extra, 1 Yr. Growth %	14.04	-20.62	21.9	64.63	14.26
Common Equity, 1 Yr. Growth %	12.79	20.14	9.83	15.79	15.49
Total Assets, 1 Yr. Growth %	8.67	8.05	9.37	4.59	7.81
Tangible Book Value, 1 Yr. Growth %	12.77	20.06	9.79	15.83	15.36
Cash From Operations, 1 Yr. Growth %	-23.17	-2.4	17.35	-63.57	132.25
Capital Expenditures, 1 Yr. Growth %	-26.43	226.04	81.53	-41.58	95.86
Dividend Per Share, 1 Yr. Growth %	6.25	0	0	5.88	11.11
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	9.81	8.4	-7.54	37.16	33.83
Gross Profit, 2 Yr. CAGR %	9.03	7.66	-8.76	37.83	35.41
Earnings From Cont. Operations, 2 Yr. CAGR %	6.11	-2.48	2.7	44.29	37.2
Net Income, 2 Yr. CAGR %	6.11	-2.48	2.7	44.3	37.21
Normalized Net Income, 2 Yr. CAGR %	-0.39	-7.86	2.86	47.51	39
Diluted EPS Before Extra, 2 Yr. CAGR %	6.11	-4.85	-1.63	41.66	37.21
Common Equity, 2 Yr. CAGR %	12.32	16.41	14.87	12.77	15.64
Total Assets, 2 Yr. CAGR %	8.37	8.36	8.71	6.95	6.18
Tangible Book Value, 2 Yr. CAGR %	12.31	16.36	14.81	12.77	15.59
Cash From Operations, 2 Yr. CAGR %	-27.49	6.54	7.02	-34.62	-8.02
Capital Expenditures, 2 Yr. CAGR %	-53.76	54.88	143.28	2.99	6.97
Dividend Per Share, 2 Yr. CAGR %	5.76	3.08	0	2.9	8.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	13.34	8.94	-2.15	10.18	29.13
Gross Profit, 3 Yr. CAGR %	13.04	8.15	-3.21	9.96	29.68
Earnings From Cont. Operations, 3 Yr. CAGR %	10.93	-2.07	6.35	20.19	33.53
Net Income, 3 Yr. CAGR %	10.93	-2.07	6.35	20.2	33.53
Normalized Net Income, 3 Yr. CAGR %	6.55	-6.33	2.75	21.69	35.14
Diluted EPS Before Extra, 3 Yr. CAGR %	10.93	-3.67	3.34	16.79	31.9
Common Equity, 3 Yr. CAGR %	12.91	14.87	14.17	15.18	13.67
Total Assets, 3 Yr. CAGR %	11.24	8.26	8.69	7.32	7.23
Tangible Book Value, 3 Yr. CAGR %	12.91	14.84	14.13	15.15	13.63
Cash From Operations, 3 Yr. CAGR %	-15.81	-8.08	10.03	-25.28	-0.24
Capital Expenditures, 3 Yr. CAGR %	-32.32	-11.34	63.3	51.22	27.6
Dividend Per Share, 3 Yr. CAGR %	7.72	3.8	2.04	1.92	5.57
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.01	9.87	4.48	10.03	10.91
Gross Profit, 5 Yr. CAGR %	13.49	11.02	3.76	9.59	10.7
Earnings From Cont. Operations, 5 Yr. CAGR %	10.45	3.31	7.56	14.35	17.76
Net Income, 5 Yr. CAGR %	10.45	3.31	7.56	14.35	17.76
Normalized Net Income, 5 Yr. CAGR %	5.49	-1.29	5.06	12.33	15.95
Diluted EPS Before Extra, 5 Yr. CAGR %	10.45	2.3	5.72	12.4	15.75
Common Equity, 5 Yr. CAGR %	17.46	17.28	13.69	14.02	14.76
Total Assets, 5 Yr. CAGR %	12.54	11.02	10.22	7.74	7.68
Tangible Book Value, 5 Yr. CAGR %	17.46	17.26	13.67	14	14.71
Cash From Operations, 5 Yr. CAGR %	-2.78	3.23	0.68	-19.79	2.42
Capital Expenditures, 5 Yr. CAGR %	-13.42	19.49	12.9	-5.86	37.88
Dividend Per Share, 5 Yr. CAGR %	9.1	6.51	4.56	3.44	4.56