Ref. LICHFL/CS/FinresMar-2025

@/LiC HFL

0



G FINANCE LED

Nie Manager,

Listing Department,

National Stock Exchange of India Ltd., Exchange Plnza, 5"' Tloor,

Plot No. C/4, C Block, Bandro-Kur la Complex, Pandra (E), It umbai - 400.051

The Genere I Manager,

Deparflnent of Corporate Services-Listing Dept., BSE Limited,

25"' floor, Pliiroze Jeejeebhoy Towers, Dale I Street,

Mumbai - 400.004 .

Scrip ID: LICHSGFIN EQ



Scrip Code : 500253

Ema il: cor [a.rela ti‹ iis‹n? last*i i4‹i iax t›ni



SUB: Disclosure Under Regulation 30 Outcome of Board meeting held on May 15 , 2025 Meeting Commenced at 02:30 P.M. and concluded at 6:15 P.M.

Submission of Audited Financial Results for the quarter and financial year ended on March 31, 2025

Please refer to our letter Ref.:LICHFL/CS/ noticebm dated 06"' May, 2025 regarding intimation of Soard Meeting for considering Audited Yionncin1 Results for the Fourth Quarter and year ended 34 st March, 2025. In this connection, please find the outcome of the Meeting as unr4er:

  1. Audited Financial Results for the Fourth Quarter and year ended 31st March, 2025.

    Pursuant to Regulation 30, 33 and 52 of the SEBI (Listing Obligations and Disclosure Re•i•irenieui-s) Regulations, 204.5 ('Listing Regu lations'), as amended, the board of Directors at ids Meeting held today 45"' May, 2025 has inter-alia, consiciered and approved the Statements of Audited Financial Results (Standalone and Consolidated) of the Compa ny for the quarter and financial year ended March 31, 2025, du ly reviewed and recommended by the Audit Committee. In this regard, the Company has submitted Uie following clocuments.

    Sr. No.

    Particulars

    Audited Financial ResuI ts for the financial year ended March 34, 2025, along

    with the Auditor's report issuec4 by M /s SGCO R Co. LI.I', Cliarteret4 Accountants and M/s K ha rideIwa1 }ai n & Co., Char tered Accountants, Joint Statutory Auditors of the Company.



    2

    Additiona I c4isclosu re of ratio/ equ ivalent financia I inforinatio n pursuant to

    Regulation 52(4) and 54 of Listing itegulations

    Declaration pursuant to Regu lation ?'3 (3) (d) and 52 (3) (a) regard ing audit

    report with unmod ified opin ion

    4

    Security Cover Certificate from Joint Statutory Anditors pu rsuan t to Regulation

    54(2) & (3) of Listing Regulations.



    CIN NO. : L65922MH1989PLC052257 Website : https://www.lichousing.com

    Corporate Office : LIC housing Finance Ltd., 131 Mal‹er Tower E" Premises, 13tlJ FIoci, Cuffe Parade, MuiJnbai 400 OOH Tel :+ 91.22.2217.8600, Fax:+91 22 22t7 8777, Email: Iichousing@IiclJousii4g.con.

    Registered Office: LIC Housing Finance Ltrl. Boi›Jhay Life Bldg., 2nd flr., ^5/47, Veer Narimail Rd, Fort. Mumbai - 400.001.

    Tel: + 9t 22.2204 é662 *3799/000G, Fax: +91 22 2204 9G82, E-mail lichorising0lichousing.co/›‹.

    5

    6

    7

    S

    9

    I i

    Statement of utilization of issue proceeds (as per Regulation NI( "ollhfififitfl"' "

    (LODR) Regulations, 204.5 and Statement of dev iation(s) or variation(s) in the use of issue proceeds of non-con vertible debentures pursuant to Regulation 52(7A) of the said regu lotions.

    Disclosure of related party transactions unc4er Regulation 23(9) of SEBI LODR,

    20a 5 for the half year ended March 32 , 2025;

    A 'Nil' statement of dev iation or variation in the prescribed Io‹mnI n3 requirec4 unc4er Regulation 32 of Listing ftegu Nations

    A quarterly certificate from the CEO/ CI'O certif ying that CP proceeds are used for disclosec4 purposes, and aclherence to other listing ctiiiclitions, Ilegu la how 2.0, Part II of Chapter XVII - Lishn g of Cont niercia I Paper of SEBl Master Circular SEBI/ HO/ DD US/ PoD4/ P/ AIR/ 2024/ 54 ‹dated May 22, 2024.

    Large Corporate Disclosure for the financial year ending ?'4 st March 2025

    LTo



  2. necommendation of Final Dividend for F.Y. 2024-2025

The Btiard ot Directors of the Company in its meeting 1ie1c4 today i.e. 45'l' May, 2025, inter alia approved recoin mentation of dividend for financial year 2024-2tl25 500% i.e. Rs.30 per equity share of Fts.2/-each. The dividend on equity shares, will be paid within 30 days if approved by the Shareholder in the ensuing Annual General Meeting of the Cont pany.

The aforcsa i‹4 c4ocu ments are also being uploaded on the wel site of the Com pany i.e., https;//https://www.1ichousing.com/and the said results will also be published in the newspapers, in the format prescribed unc4er Regulation 47 of the listing regulations.

This is for your information ancl records.



HARDASANI

'Fhntzkiizg you,



Yo s faithfully,

F r LIC Housi Finance Limited

Va sh ardasani

Company Secretary & Compliance Officer

ACS: 50448

Encl. : a/a.

VARSHA CHANDAR

Digitally signed by VARSHA CHANDAR HARDASANI

Date: 2025.05.15

18:59:10 +05'30'

CIN NO. : L65922MH1989PLC052257 Website : www.Iichcusing com

Corporate Office : LIC Ho‹Jsing Finailce Ltd., 131 Maker Tower 'F ' PreirlSPS, 13th Flocr, Criffe Pai add. Munahai 400 OOH Tel .+ 91 22 22a.T 9600, Fax:+91 2.2 227 8777. Email: lick ousingOIichousing.cont.

Registered Office: LIC Housin, Finance Ltd. Bombay Life Bldg., 2nd Ill., 45/47, Veer Nai imam Re!. Fort, !Viun loai 400.001.

Tel: + 9¿ 22.2204 é682,*9799 /000C Fax: +91 22 2204 9G82, E n35iI liclnorisin %Iiclsousin¿.con-.



LIC HOUSING FINANCE LIMITED

LT C HO US I NG FI NANCE LTD

STATEMENT OF AU DITED STAN DALONE FINsNCiAr nEsiJrTs FOR THE QUARTER AND YEAR EN DED 31/03/2025

(Z in Crore)

Particulars

Quarter Ended

Year Ended

3?00-2015

31122024

31-03-2024

31-03-2025

31-03-2024

Auded

Reserved

Audited

Audited

Audited

1

Revenue from operations

a.Interest Inconie

7,117.28

6,9F1.6J



27,66J.46

27,0415a

b.Fees and commission Income

6.88

9.77

8.5-1

37.09

&9d2

c.Net Gain on De-recognition of financial Instruments

under A niortised Cost Category

1.97

2.77

10.5

9.86

26.72

d. Net gain on fa ir value changes

9.21

17.19

T3.23

66.95

55.88

e.Others

?8.76

75.99

16.o9

274.7'8

54.95

ToiaI Revenue from operations

7,283.33

7,057.33



28,050.1g

27,228.22

Other Income

0.04

0.02

0.43

6.08

6 2

Total Income

7,283.37

7,057.35

6.936.84

28,056.z2

27 Z4.&4

2

Expenses

a.Finance Costs

J,950.%

4,951.48

4,649.94

19,5?T.95

T8,390.66

b.Fees and Commission Ex penses

57.7t

30.49

S4.34

T38.06

OSS.T 9

c.I mpa irnient on Nina ncia I Instruments

T09.38

(43.98)

427.87

285.83'

1,64?.72

d.Employee Benefits Ezpenses

T76J2

204.36

J98.49

70T.90

609.99

e.De precia tion, an3ortisation and Inapairnaent

2542

23.95

t7.41

9?.9?

65.42

I.Other ex penses

394.32

97.6T

t2.64

J48.74

315.'74

Toral Expenses

8,823.79

5,263.93

S,460.G6

27,200.41

27,480.72

3

Profit Be£oreTax -2}

1,769.58

1,793.44

1,476.1£'

6,855.82

6,053.92

4

Tax Expense

401.62

364.48

385.?6

t,426.79

,266.51

s

Profit After Tax (3-4)



1,431.96

2,090.82

5,429.02

4,765.41

6

Other Comprehensive Income / {Loss}

A (i) I tems that whl not be rcclassifiec] to profit / Loss

(89.22)

(0.20)

42Z

(95.96

(4.7Zj

(n) Tax impact On above



0.0F

(I.0

24.15

1.20

Su blotal (A}

(66.77)

to.1s}

3.16

(71.81}

(3.57)

H (i) 1tems that u'i1I be rerlassified to profit / loss

(ii) Tax impact on above

Subtotal (B)

Other Comprehensive Income / (Loss) (A * B)

(66.

(0.J5

3.16

(7t.8t



7

Total Comprehensive Income (5*6)

1,301.19

1,431.81



5,357.21



8

Paid-u p Eqnity Share Capital (face value I 2J -)

110.08

ISO.08

110.08

110.08

310.08

9

Earnings Per Share (UPS) on {face value o1 ? 2/ -)

Basic and Dilu ted Earning Per Share (7

(The ERP for fhe Qu arfers a re not annualise ‹1)

24.87

*6.03

J 9.83

98.70

86.6*

â0

Reserves excluding nevaluation n serves as a

March 31

?'6,J46.70



swam/

'o C

O CORP01t*TE m



Corporate Office : LIC Housing Finance Ltd., 131 Maker Tower "F" Premises, 13th Floor Cuffe Parade, !Vlumbai 400 005 Tel :+ 91 22 2217 8600, Fax:+91 22 2217 8777, Email: IichousingOIichousing.com.

Registered Office: LIC Housing Finance Ltd. Bombay Life Bldg., 2nd flr., 45/47, Veer Nariman Rd, Fort, Mumbai - 400 001.

Tel: + 91 22 2204 9682/9799/0006, Fax: +91 22 2204 9682, E-mail: Iichousing@Iichousing.com.



LIC HOUSING FINANCE LTD

Notes to the Standalone inancial Results:

Sfateznent of Standalone Assets and Liabilities



As at

31WL2025

As at

J10L2024

AudMed

AudJed

ASSETS

1

Financial Assets

(a

Cash and cash equivalents

1,278 75

1,437.49

(b

Bank Balance other than fa) above

12S.77

135 14

(c

Loans

3,02,845.84

2,80,589 79

(d

{nvestments

7,142.14

6,277 03

te

Other Financial assets

24.62

20 85

Total Financial Assets

3,11,417.12

2,88,460.30

2

Non•Finartcia1 Assets

(a

Current tax assets (Net)

586 42

M019

(b

Deferred tax Assets fNet}

1,298 85

163915

(c

Property, Plant and Equipment

161 79



(d

Capital Work in Progress

0.09

0.14

(e

Intangible Assets under Development

51 41

(9

night of Use Assets

z64 76

l5T47

(g

Other Intangible assets

23 96

3184



Other non-financial assets

222 T6

H689

Total Non-Financial Assets

2 509.44

Z,70722

Total Assets

3,13,926.56

2,91,T67.52

LIABILITIES AND EQUITY

LIABILITIES



Financial Liabilities

(a

Lease Liabilities

178.02

164 72



Pavables

(1)Trade Payables

(i) total outstanding dues of micro enterprises and small

enterprises

1.93

0.02

(ii) total outstanding dues of creditors other than micro

enterprises and smaIl enterprises

228.05

T93.43

III) Other 'ayables

(i) total outstanding dues ot micro ente@rises and small

enterprises

(ii) total outstandiztg dues of creditors other than micro

enterprises and smafl ente@ztses



Debt Securities

J,6j,631 46

1,44,665 32



Borrowings (Other than Debt Securities)

98,925 98

96,J36 S8

be

Deposits

8,242 92

9,898 56

(fl

Subordinated Liabilities

1,796 86

J,796 33

(g

Other financial liabilities

6,144.83

6,31L93

Sub-total - Financial Liabilities

2,77,150.OS

#9J66.89



Non•Financia1l.iabilitiee

Provisions

360 43

334.33



Other non-financial liabilities

159.30

271.87

Sut›•toial • Non•FinanciaI liabilities

519.Z3

606.00

3

EOUM

(^

Equity Slnare Wpital

11fi 08

110.08

ft

Oder £guty

36,146 70

31,284 55

SubtoW - GquiW

3b,W I.78

3£,S94.68

ToM £iabiJit •s md Equity

3,T3,926.56

2,9t,t67.52

FRU-1 09JW '



O CORP

OFF!

m





0 e

*4 s

Corpora ce: LIC Housing Finance Ltd., 131 Make Premises, 13th Floor, Cuffe Parade, Mumbai 400 005

Tel :+ 91 22 2217 8600, Fax:+91 22 2217 8777, Email: IichousingOlichousing.com.

Registered Office: LIC Housing Finance Ltd. Bombay Life Bldg., 2nd flr., 45/47, Veer Nariman Rd, Fort, Mumbai - 400 001.

Tel: + 91 22 2204 9682/9799/0006, Fax: +91 22 2204 9682, E-mail: Iichousing#lichousing.com.

LIC HOUSINO FlNAIgCE LTD

Macch 31, 2025

March 3J, 2024

A. Cash Flow from Operating Activities

Profit Before 'fax

6,855.8t

6,053.92

Adjustments for

Deprxiation, Amorfization and Impairment (other than Financial Instruments)

93.93

ñ54y

Impairment on Financial Instruments (Expected Credit Loss)

285.84

I,643.12

Loss/ (Gain) on disposal of Property, Plant and Equipment

(0.03)

0.04

Div idcnd and Interest Income classified as Investing Cash Flows

(5.98)

(589)

Unwinding of discount

(48.1J)

23t69

Interest Expense

t9,53T.95

78,390.66



(27,661.46)

(2T,04L56)

Adjustments for

Movements in Provisions and Gratuity

(95.96)

(4.7

(Increase)/Decrease in Other Financial Assets

5.03

(12.97)

(Increase)/Decrease in Other Non Financial Assets

(23.69)

36.t2

Increase/ (Dnrease) in Other Financial Liabilities

(594.23)

50.28

Increase/ (Decrease) in Other Non Financial Lia bilities

(84.45)

t60.03

Cash used in operations before adj ust ments for interest received and paid

(1,741.36}

(433.0t)

Interest Pa id

(19,077.13)

(8,024.86)

Interest Received

27,507.4-é

27,22857

Income Tax paid

(t,T98.56)

(t,468.27}

Cash generated from Operations

5,490.39

7,302.43

Loans Disbursed (Net of repayments)

(22,178.9t)

(4,620.53)

Asset held for sale 257.09

Net Cash Used in Operating Activities (A)

{36,688.52)



B.

Ca sh Flow fcom Investing Acliv ities

Payments for Purchase of Property, Plant and Equipment

(20.56)

(37.36)

Proceeds from Sale of Property, Plant and Equipment

0.03

0.01

Paymen ts for Purchase of Investments

(985.08)

(53.78}

Proceeds from Sale of Investments

415.93

664.36

Dividends Received

5.98

5.89

Net Cash generated from/ {used in) Investing Activ ities {B)

(883.70)

579.t2

c.

Cash Stow from Finnncing Activities

Proceeds from Borrowings



J46,t20.20

nepayment of borrowings

(t53,t25.R7}

(136,952.63)

Deposits {Net of repaymen Is)

Payments towards Lease Liability

(1,653.64)

(6z.86)

(,M5.29) (5iS5)

Transfer to Investor Protection Fund

(T.42)

(J.20)

Dividend



(467.55)

Net Cash generated from Financing Activ ities (C)



7,2g9.98



equivalent

Net Increa {Decrease} in Cash and Cash Equivalents (A+ B+C} Cash and Cash Equivalents at the beginning of the Year

fl58.74) 1,437.49

(0.0t)

gyg.yg

6t9.40

Cash and Cash Equivalents at the end o£ the year

1,2yg.y5



Cash and Cash Equivalents as per above comprise of the following

  1. Cash on hand

  2. balances with Banks (of the nature of cash and cash equivalents)

2.39

1,187.6J

4.13



(iii) eques and demand drafts on hand

88.75

t25.06

Balances ae per Statement of Cash flows

1,278.75



Effert of exchange diHerences on translation of foreign en rrency cash and cash



" 'v g,



"'A "" " * "

Corporate Office : LIC Housing Finance Ltd., 131 Maker Tower "F" Premises, 13th Floor, Cuffe Parade, Mumbai 400 005 Tel :+ 91 22 2217 8600, Fax:+91 22 2217 8777, Email: Iichousing@Iichousing.com.

Registered Office: LIC Housing Finance Ltd. Bombay Life Bldg., 2nd flr., 45/47, Veer Nariman Rd, Fort, Mumbai - 400 001.

Tel: + 91 22 2204 9682/9799/0006, Fax: +91 22 2204 9682, E-mail: IichousingOIichousing.com.



LI0 HOU6INQ FINANCE LTD

Noiesio AeSCndEoneWn«ndaIReulM:

The financial resulb have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard, notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as amended £rom time to time, and other accounhng principles generally accepted in India and in compliance with Regulation 33 and 52 of the SEBI {Listi ng Obligations and Disclosure Requirements) Regulañons, 2015, as amended. Any application guidance / clarifications / directions issued by the Reserve 8ank of India (RBI), the Na tional Housing Bank (N}-T8) or other regulators are implemented as and when they arr issued / berome applicable.

4 The Board o£ Directors has recorfunended a dividend of T 10/ - per equity share of I 2/- each (500$) ({F'revious year g 9 per equity share (450a)) subject to approval of the mem 'ers of the Company ai the forthconung Annual General Meefing.

The main business of the Company is to provide loans for purchase or construction of residential houses. All other activities of the Company revol ve around the main business and accordingly there are no separate reportable segmen 1s, as per the Ind AS 108 - Operating Segments.

information as reguiwd by Reserve Bank of India vide circular DOR.no. BP.BC/3/21.04.048/2020-2s dateiJ Aogust 6, 2020 and circular RBI/2027-22/ñJ I O12.STR.ITEC.71/2â.04.048/202T-22 dated May 5, 202a on Resolution Framework - 2.0 as at March 31, 2025 are given below.

(T in crore)

'ype of borrower

Exposure to

Accounts classified as Standard cor+sequen t to implemen fa ion

of resoluaon plan

- Fosifiori as eI September 30,

2024 (A)

Inf (A), aggregate

debt that slipped into NPA during the current half year

Of (A), amount

written off during the current half year

Of (A}, amount

paid by the borrowers during the current half year

£-xposure to

account classified as Standard consequent to implementation ol resolution plan

- Posidon as aI the end of Metcfi

?1, 2025.

Personal Loans

J7t5.79

35.35

2.36

13Z.74

J546.52

corporate persor+s

362.70

13.30

63.34

286.06

Of wh›ch, NI MM

Total

2078.49

48.65

2.IB





There are no loans bartsferred / acquired during the quarter ended March 31, 2025 under the RBI Master Direction on Transfer of Loan Exposure dated September 24, 2021.

The Secured iisted non-convertible debt serurites of the Company are secured by a negative lien on the assets of the Company (excluding currea I and future receivables and book-debt of whatsoever nature of the Company on which a firsi part-pasu Coating charge by way of hypotheration io secure the borrowings o£ the company outstanding as on March 31, 2015 and the unavailed sanctions o£ the term loans, cash credit and refinance as on March II, 2015), with a minimum Security cover of 100$. Its addition to above the Debentures would be secured by mortgage on an Immovable Property owned by the Company. Secttrity cover for NCD issued by the company is 1.20 times as at March 31, 2025.

Disclosures in compliance with Regulafion 52(4) of the SEBI (listing Obligations and Disclosure Requirements) Regula tions, 20J5 for the quarter / period ended March 31, 70D is attached as Aunsure 1.

tn compliance with Regulation 33 and ReguJa tion 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the above results for the Financial year ended March 3â, z02â have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their meedng held on May US, 2025. Tlje above results have been Audited by the joint Stahjtory Auditors of the Company.

The figums for the quarter ended March 31, 2025 and M81Ch 3J, 2024 are the balancing figures between audited figures in respect of the full financial year ior 2024-2d and 20m24 and published unaud ited year to date figures upto the tHéd quarter ended December 31, 2024 and December 31, 20Z3, respectively.

12 be figures for the previous periods/ year have been regrou peel wherever necessary in order to make them comparable.



For and atF o£ the Board

O

OFFICE



T. Adhikan



& CO

1It1 Dt



MUMBAi



Date: May 45, 2025

CIN NO. : L65922MH1989PLC052257 Website: www.Iic ousing.com

Corporate Office : LIC Housing Finance Ltd., 131Maker Tower "F" Premises, 13th Floor, Cuffe Parade, Mumbai 400 005 Tel :+ 91 22 2217 8600, Fax:+91 22 2217 8777, Email: lichousingOIichousing.com.

Registered Offloe: LIC Housing Finance Ltd. Bombay Life Bldg., 2nd flr., 45/47, Veer Nariman Rd, Fort, Mumbai -400 001.

Tel: + 91 22 2204 9682/9799/0006, Fax: +91 22 2204 9682, E-mail: IichousingdIichousin&com.



LIC HOUSING FINANCE LTD

Annexure 1 Disclosures in compliance with Regulations 52(4) of the Securities and Exchange Board of India (listing Obligations and Disclosure Requirements}

Regulations, z015 for the quarter ended March 3t, 2025.



For the quarter

ended March

31 20a

For the quarter

ended

March 31 2024

a)

Debt equity ratio - [Debt Securities * Borrowings (other than debt securities) + Subordinated Liabilities 1

Deposits) - Cash and cash equivalents] / (Equity share Capital + Dher Equity - Impairment Reserve - Deferred Revenue Expenditue - Intangible Assets - Unrealised Gain - Deferred Tax)

7.96

8.72

b)

Outstanding redeemable preference shares (quantity and value)

NA

NA

c)

Capital redemption reserve / Debenture redemption reserve - Debentu re redemption reserve is not required in

respect of Privately placed debentures in terms of Rule 18(7)(b)(ii) of Companies (Share Capital and Debenture)

itules, 2014.

d)

Net worth

I 34,538.42 Crore

I 29,383.98 Crore

e)

Net pro£it aEter tax

W t,367.96 Crore

T t,090.82 Close



Earnings per share

Basic -I 24.87

Basic - I 19.83

Diluted - 7 24.87

Dilu ted - T 19.83

g)

Total debts to total assets ("/») - (Debt Securities Borrowings (other than debt securities) * Subordinated

Liabilities * Deposits) / Total Assets.

0.88

0.89

h)

Operating z avg (%) ='zofit before Tax / Ttevenue from Operations.

24.30B

2t.28%

i)

Net profit margin (%») - Profit after Tax / Total Revenue.

8.78B

15.72%

j)

Sector specific equivalent ratios, as applicable.

i) Provision Coverage Ratio ("PCn") (m) = Total Impairment loss allowance for stage III / Gross Stage III loans.

51.2S$

5L42%

ii) Gross Non Performing Assets ("GNPA") (m) - Gross Stage III Loans / Gross Loans.

2.47$

3.31%

iii) Net Non Performing Assets ("NNPA") (°ñ) - (Gross Stage III Loans - Impairment loss allowance for Stage III) /

(Gross Loans - Impairment loss allowance for Stage III)

1.22%

1.63%

iv) Liquidity coverage ratio (W)

162.96a

175.34 $

Note 1 : The Company, being a Housing Finance Company ('HFC'), disclosure of Debt service coverage ratio, Interest service coverage ratio, current ratio, long term debt to working capital, Bad debts to Accounts receivable ratio, Current liability ratio, Debtors turnover, Inventory turnover ratio are not relevant as the Company is engaged in financing activities.

O

OFFICE

"



Corporate Office: LIC Housing Finance Ltd., 131Maker Tower "F" Premises, 13th Floor, Cuffe Parade, Mumbai 400 005 Tel :+ 91 22 2217 8600, Fax:+91 22 2217 8777, Email: IichousingQIichousing.com.

Registered Office: LIC Housing Finance Ltd. Bombay Life Bldg, 2nd flr., 45/47, Veer Nariman Rd, Fort, Mumbai -400 001.

Tel: + 91 22 2204 9682/9799/0006, Fax: +91 22 2204 9682, E-mail: Iichousing@lichousing.com.

SG CO & Co. LLP.

Chartered Accou ntants 4A, Kaled onia-HDIL,

2nd Floor, Sahar Rd, Andheri East, Mumbai - 400 069, Maharashtra

Khandelwal Jain & Co. Chartered Accountants

6-B&C, PIL Court, 6"' Floor, 111

M.K. Roa‹4, Churchgate, Mumbai 400 020, Maharashtra

Independent Auditors' Report on the Quarter and Year ended Audited Standalone Financial Results of LIC Housing Finance Limited pursuant to Regulation 33 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure ilequirements} Regulations, 2015, as amended.

The Board of Directors of

LIC Housing Finance Limited Mumbai

Report on the audit of the Standalone Financial Results

Opinion

We have audited the accompanying statement for the quarterly and year to cJate standalone financial results of LIC Housing Finance 1.imited (hereuiafter referred to as "the Coin pany") for the q tiarter ended March 31, 2025 and for the year ende‹j March 31, 2025 (the "Statement"), attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regri lotions, 2015, as amended (die "Listing Regulations").

In our opinion ancl to the best of our informahon and according to the explanations given to us, the Statement:

  1. is presented in accordance with the requirements of Rcgu lation 33 and 52 of the SEBI (Listing Obligations ance Disclosure Requirements ) Regulations, 2015 as amended ; and



  2. gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards prescribed uncler section 133 of the Companies Act, 20J3 (" the Act") reach w itli relevant R ules issued thereunder and other accounting principles generally accepted in India of the net profit, other and total comprehensive income and other financial information for the quarter and year ended Ma rch ?'1, 2025.



Page 1 of 4

SGCO & Co. LLP.

Chartered Accountants

Khandelwal Jain & Co. Chartered Accountants



Basis for Opinion

be conducted our audit in accordance with the Standards on Auditing (" the SAs") specified under Section 143.(10) of the Companies Act, 2013, as amended ("Uie Act"). Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the A ridit of the Standalone Financial Results" section of our report. We are incJependent of the Company in accordance with the Code of Ethics issued by the Insntute of Chartered Accountants of IncJia together with th ethical requirements that are relevant to our audit of the standalone financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements ancfi the Code of Ethics. V/e believe that the audit evidence obtaineci by us is sufficient anet appropriate to provide a basis for our opinion.

Management's and Board of Directors' Responsibilities for the Standalone Financial Results The Statement have been prepared on the basis of the standalone annual financial statements. The Corn pany's Management anc4 the Board of Directors is responsible for the preparation and presentation of the Statement that give a true and fair view of the net profit, oflier and total comprehensive income and other financial information in accordance w itli the applicable Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder ancl other accounting princi ples generally accepted in India and in compliance with Regulation 33 and 52 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records. in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing anc4 detecting frauds and other irregtilarities; selection and a[ plication of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financia 1 controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a trtie and fair v iew and are free froin material misstatemen t, whether due to fraud or error, w hich have been used foi the purpose of prepare tion of the Statement li)' the Board of D irectors.

In preparing the Statement, the Management and Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concei n basis of accounting unless the Management and die Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic aIternative but to do so.



The Management and the Board of Directors are also responsible for overseeing the Company's financial reporting process.

Page 2 of 4



SGCO & Co. LLP.

Chartered Accountants

Khandelwal Jain & Co. Chartered Accountants

Auditors' Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance abou I whether the Statement as a whole is free from material misst‹atement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an andii conducted in accordance with.SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expecteJ to influence the economic decisions of risers taken on the basis of the statement.

As part of an audit in accordance with SAs, we exercise professional judgmen t and maintain professions 1 scepticism throughout the audit. We also

  • Identify and assess the risks of material misstatement of the Sta tement, whether due to fraud or error, design and perforni audi t proced ures responsive to those risks, and obtain andit evidence that is su fficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resul ting from fraud is higher than for one resulting from error, as' I rauc4 may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

  • Obtain an unclerstanding of internal control relevant to the and it in order to design audit procedures that are appropriate in the circumstances. Under Section 443(3) (i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of financial statements on whether the Company has adeg nate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.

  • Eval uate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the Statement made by the Board of Directors.



  • Conclude on the appropriatenc•ss of the Board of Directors' use of the going concern basis of accounting and, bnsed on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on die Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to d raw attention in our a uditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are baset4 on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to connnue as a going concern.



    Page 3 of 4

    SGCO & Co. LLP.

    Chartered Accountants

    Khandelwal Jain & Co. Chartered Accountants

  • Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represent the u nderlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significan I audit findings, including any significant deficiencies in internaI control that we identify during our audit.

Ve also provide those charged w itla governance vvith a statement that we have complied with relevant ethical requirements regarding independence, ‹ind tg coin municate w itli them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safegiiards.

Other Matters

The Statement includes the figures for the last quarter of the current and previous financial year being the balancing figures between aucâited figures in respect of the full financial years and the published year to date figures up to the end of third quarter of the current an‹j previous financial year which were subjected to limited review by us.

Ovi r opinion is not modified in respect of these matters.

For SGCO & Co. LLP

Chartered Accountants





Firms Registration Number: 11208 I W/W 1001 84

Suresh Murarka Partner

Membership Nuir ber: 044739

UD lN: 25044739B MLA K W9894



Muinbai, May 15. 2025

Page 4 of 4

For Khandelwal Jain & Co. Chartered Accountants

. Shah



Firm Registration Number: 105049 W

S.

tjO



Membership Nutr ber: 033 UDIN: 25033632BMMJU L4923

Mumbai, May 15. 2025



LT C HOUSING FINANCE LTD

LIC HOUSING FI NANC£ LIM ITED

STATEMENT OF AUDITED CONSOL I DATED FI NANCI A L RESU LTS FOR TH E QUARTER AND YEAn ENDED 31J03/202S





3t-03-2025

Audited

Quarter Ended

3t-y 2-2024

Reviewed

3t-03-2024

Audited

Year r-nded

3y-03-2025 3t-03-2024

Audited Audited



Revenue from operations

a.Interest Income

7,124.50

6,958.23

6,893.63

2'Z,689.38 27,067.31

b.Fees and commission Income

20.2J

JS.20

13.10

63.97 66.â7

c.Net Cain on De-recognihon of Financial Instruments under Amortised Cost Category



2. f f

10.54

9.86 26.72

d.Net C•ain on Fair Value Changes

J9.86

17.65

T4.23

7t.29 60.57

e.Others

t38.98

76.J4



275.58 55.80

Tofat Revenue Icon operations

7,30d.fi2



6,948.21

28,Tt 0.08 27,276.97

Other Income

0.03

0.40

0.62 0.83







To fat I nconie



27,277.80



Expenses

a.Finance Costs

4,950.0z

4,950.41

4,648.92

19,528.36

18,387.87

b.Fees and Commission Expenses

47.43

23.50

47.16

110.93

133.48

c. Impairment on Financial Instruments

109.38

{43.98)

427.87

285.83

1,643.72

d.Employee Benefits Expenses

194.19

21L65

209.42

755.38

649.63

e.Depreciation, amorfisation and Impairment

26.41

j4.92

18.36

97.77

69.23

I.Other expenses

196.89

99.70

114.70

456.51

329.50

Totat Expenses

5,S24.32 I

5,272.*^ I

s,A6s.43

zt,zs1.zs I

2t,2t3.43



Share of Profit/(Loss) of Associates

I

(' ' i I

0.52

(0.41

2.94 i

3.76



Pmfit Before Tax (1-2+3)

|

7,780.05



3 798.31

t,48t.77

6,878.86 ]

6,068-t3



Tax Expense

I

406.43

400.J2

7,436.16

t,304.81

6

Set Profit after Tax (4-S)

1,370.62



5,tt2.70





Other Comprehensive Income

A (i) Items that will not be reclassified to profit or loss

|

(89.53){

(0.02)

4.27

(96.19)

(4.64

(ii) Tax impact on above

|

22.46 }

0.o1

(t00



24.14

1.23

Subtotal (A)

(67.07}



{0.01)

3.i¥

(3.4y)

B (i) Items that will be reclassified to profit or loss

1

1

(ii) Tax impact on above

Other Comprehensive Income (A + B)

(67.OF

(0.o*) i

3.27

(72.05)

(3.4t)



Total Comprehensive Income (6*7j

t,ass.ss |

z,1at.ss |

t,o8t.+z

s,szo.ss



I

I

I

I

9

1'4et Pmfit after Tax attributab ie to:

Owners of the Company

1,373.38 |

T,434.84 |

t,08J.57

5,442.23

4,762.97

Non-ConDotling Interest

0.24 I

0.05 I

^ ^

^ °+ I

0.35

I

I

I

I

10

Other Comprehensive Income attributable to:

Owners of the Company



I

(67.07j |

(0.0T) |

3.27

(72.05)

(3.41

Non-Controlling Interest

I

l

I

I



Total Compnhensive Income attributab ie to:



I

I

I

I



Non-Controlling Interest

a.z4 |

a.as |

a.oe

0.4z |

a.as



I

I

I

I

I2

Paid-eg Equity Share Capital (face value W 2/•)

110.08

t3

Earrings Per l2hare (EPS) on (face value of T 2/-)* Basic end Diluted Earning Per SJaare (Z)

  • (The EPS for the Quarters are not annualised)

24.97

26.09

19.67

98.9â

86.60

14



Reserves excluding Revaluahon Reserves as at



36,241.71

31,366.58

Corporate Office :.

ñg Finance Ltd., 131 Maker To

es, 13th Floor, Cuffe Para

¿Email: lichousing#Iichousing.com.

ai

005

Tel :+ 91 22 2217 8600, Fax:+91 22 2217 8





Registered Office: LIC Housing Finance Ltd. Bombay Life BIdg" 2nd flr., 45/47, Veer Nariman Rd, Fort, Mumbai - 400 001.

Tel: + 91 22 2204 9682/9799/0006, Fax: +91 22 2204 9682, E-mail: lichousingOIichousing.com.

J•'4otes to the Consolidate d Financial Resu Its:

1 Stabement of Consoli dated Asseis and Liabilities





Asa 3?%-?0U

Asa Jh03-£24

Audied

Audied

ASSETS

2

Financial Assets

(a)

Cash and cash equivalents

t,288.58

1,422.82

(b)

Bank Balance other than (a) above

ABS.85

232.52

(c)

Receivables

It.62

9.94

(d)

Loans

302,778.25

280,532.06

(e)

Investments

7,200.75

6,33Z.43

(f)

Other Financial Assets

34.58

31.17

Sut -total - Financial Assets

3M,t99.63

288,565.9t

2

Non-Financial Assets

(a)

Current Tax Assets (Net)

588.43



(b)

Deferred Tax Assets (Net)

t,299.67



(c)

Properf y, Plant and Equipment

I 53.89

163.39

(d)

Capital Work in Progress

0.09

0.20

(e)

Intangible assets under development



(f)

Investment Property

29.t4

29.17

(g)

Pugh t of Use Assets

t69.44

164.14

(S)

Goodwill on Consolidation

0.2t

0.21

(i)

Other Intangible Assets

24.57

31.88

(J)

Other Non-Financial Assets

223.90

248.90

Sub-total - Non-Financial Assets

2,540.75

2,727.36

TofA1 Assets

314,040.38

292,2fi3.30

LIABI£1TIES AND EQUITY

LIA BILITI ES

Financial liabilities

(a)

Lease Liabilities

T83.98

170.75

(b)

Payables

(I)Trade Payables

(i) total outstanding dues of micro enterprises and small enterprises

J.93

0.02

(ii) total outstanding dues of creditors otfier than micro enterprises and small enterprises

214.31

784.21

(II) Other Payables

(i) total outstanding dues of micro enterprises and small enterprises

(ii) total outstanding dues of ered tors other than micro

enierpiñses and small enterprises

(p)

Debt Securities

161,631.46

144,665.32

(d)

Borrowings (Other than Debt Securities)

98,925.98

96,136.58

(e)

Deposits

8,187.26

9,849.42

(f)

Subordinated Liabilities

1,796.86

1,796.33

(g)

Other Financial Liabilities

6,194.05

6,364.90

Sub-total - Financial Liabilities

(a)

Provisions

364.98

338.73

(b)

Other Non-Financia1 Liabilities

t84.06

306.98

Sub-total - Non-financial Liabilities

549.0t

645.W

3

EQUITY

(a)

Equity Share Capital

110.08

110.08

(b)

Other Equity

36,241.71

31,366.58

(c)

Non Controlling Interest

3.72

3.40









W›nCoe)

LIG HOUSING FINANCE LTD

Corporate Ollie

O8CO





G "



CORPORATE

grFICE



nce Ltd., 131 Maker r' ' Pr Isles, 13th Floor, Cuffe Parade, boi 8600, Fax:+91 22 7 8777, Emai): Iichousing0Iichousing.com.





005



Registered Offl

Tel: + 91

inance Ltd. Bombay Life ‹ 2iid/r., 45/47, Veer Nariman Rd, Fort, Mumbai -400 001.

9682/9799/0006, Fax: +91 2*1204 9682, E-mail: Iichousing@Iichousing.com.



Consolidated Cash low Statement For the Year ended Marrh 3t, 2025



Year ended March 30, 2025

Year ended

Macc]n 31, 2024

A. Cash Flow from Operating A clivities

Profit Before Tax

6,878.86

6,068.13

Adjustments hon

Depreciation, Amortization and Impairment (other tha n Financial Insmiments)

97.77

69.23

Exchange differences on translation of assets and liabilities (Net)

(0.00)

0.01

Impairment on Financial Instruments (Expected Credit Iss)

285.83

1,643.72

Loss/ (Gain) on disposal of Property, Plant and Equipment

(0.t0)

0.04

Dividend and Interest Income classified as Investing Cash Flow's

(0.52)

(043)

Unvñnding of discount

(SI.44)

180.92

Interest Expense

19,528.36

18,3818?

Interest Income

(27,689.38)

(2?,06Z.3T)

Share of Minority

Adjust ments for

(0.47}

(0.35)

Movements in Provisions and Gratuity

(96.OT)

(4.64)

(Increase)/ Decrease in Other Financial Assets

40.32

(M.?9)

(Inerease)/ Decrease in Other Non Financial Assets

18.12

140

Increase/ (Decrease) in Other Financial Liabilities

(599.90)



Increase/ (Decrease) in Other Non Financial Liabilities



13.30

Cash (used in) operations before adjustments for interest received a nd paid

(J,bg3.3g)



Interest Paid

(19,072.38)

(18,022 42)

1merest Received

27,536.T6

27,254.32

Cash (used in) operations before adjustments for interest received and paid

g,ygg.$g



Income Tax paid

(t,2t0.65)

(1,475.t3)

Net Cash used in Operations



7,2t2.64

Loans Disbursed (Net of repayments)



(14,621.14)

Asset held for sale

Net Cash (Used in) Operating Activities tA)

257.09



(36,609.17}

  1. Cash Flow from Investing Activities

    Payments for Property, Flant and Equipment Proceeds from Sale of Property, Plant and Equipment Payments £or Purchase of Invesbnents

    Proceeds ivom Sale of Investmenb Dividends Received

    Increase in Minority

    1'4et Cash Ihow/ {used in) Investing Activities (B)

    (Z3.3?)

    o.io



    0.52

    587.29



    0.24

    (37.45)

    0.80

    (88.43)



    0.43

    0.35

    c. Cash how fcnm Financing Aclivities Proceeds from Borrowings Repayment of Borrowings

    Deposits (Net of repayment) Payment towards Lease Liability Transfer to Investor Protection Fund

    Dividends paid to Company's Shareholders

    Dividends paid to Non Controlling Interest

    wet Cash generated £zozn Finanong Activinee {C)

    I 72,751.34 46,420.20

    (153,125.87) (136,952.63)

    (1,653.64) (1,$99.68)

    (6t.73) (53.t2)

    (j .§g) (t g )

    (495.06) (467.US)



    (0.15) (0.15)

    Effect of exchange differences on translafion of foreign currency cash and cash equivalents Net Increased {Decrease) in Caeh and Cash Equivalents (A-sB-sC)

    Cash and Cash Eq t£lvaIents at the beginning of the Year

    Cash and Cash £qu*valenIs at the end of the Year

    0.00 (IM.24) 1,42182

    (0.01)



    641.38

    I #.S



    Cash and Cash Equivalenb as per above comprise of the following

    (i) Cash or hand

    (fi) Balances with Banks (of the nature of cash and cash equivalents)

    (iii) Cheques and demand hand

    Balances as tateme '* *" s

    O •If

    2.40

    1,197.43

    88.y5









    125.06 ' "

    I, 82

    0



    O

    F



    CORPORATE W

    Corporate Office :



    Registered Office:

    Tel: + 91 2

    e Ltd., 131

    0 Fax:+91 2

    Ltd. Bombay

    /9799/0006, Fax:

    rd ' t @ es, 13th Floor, Cuffe Parade,



    rd i Iichousing@Iichousing.com.

    0 ) .'' , Veer Nariman Rd, Fort,

    9 E mail: Iichousing#Iichousing.com.

    O&D0B m



    LIG H0U6ING FIMANGE LTD

    1. As per the Ind AS 108 dealing with 'Operating Segments', the main segments arid the relevant disclosures relating thereto

      a easfollows:



      Quarter Ended

      Year Ended

      Mar 3f, 2025

      Dec 3t, 2024

      Mar 3t, 2024

      Mar 3t, 2025

      Mar 33, 2024

      Loans

      Segment Revenue

      7,283.37

      7,057.35

      6,936.84

      28,056.22

      27,234.64

      Segment Resu It

      T,7'69.58

      7,793.44

      t,4?'6.J8

      6,855.8t

      6,053.92

      Segment Assets

      3,t3,926.56

      3,06,143.63

      2,9t,J67.52

      3,73,926.56

      2,9T,767.52

      Segment Liabilities

      2,77,669.7'8

      2,77,T88.03

      2,59,772.89

      2,77,669.78

      2,59,772.89

      Net Assets

      36,256.78

      34,955.60

      37,394.63

      36,256.7'8

      31,394.63

      Depreciation, AotorbzaLion & Iznpairznent

      25.t2

      23.95

      17.41

      93.93

      65.42

      Eton Cash Expenses other Depreciation,

      Amortization H Impairment

      y09.38

      (43.98)

      427.87

      28a.83

      1,643.72

      Other Segments

      Segment Revenue

      t2.49

      26.29

      26.?5

      J 73.60

      92.56

      Segment Result

      7.43

      7.09

      8.?g

      36.09

      2188

      Segment Assets

      305.t7

      28t.66

      285.07

      305.1?

      285.07

      Segment Liabilities

      t02.36

      9t.36

      J03.32

      02.36

      t03.32

      Net Assets

      202.8J

      190.30

      181.75

      202.81

      8J.'75

      Depreciation, Amortization 6c Impairment

      3.06

      1.06

      J.03

      4d6

      4.13

      Inter Segment Adjustntents

      Segment I'tevenue

      (20.30)

      (13.65)

      (j4.98)

      (59.t2)

      (49.40)

      Segment Result

      (6.95)

      (2.22)

      (2.78)

      (13.04)

      (j.42)

      Segment Assets



      (163.70)

      (T56.0t)

      (39J.34)



      Segment Liabilities

      (87.27)

      (66.97)

      (59.72)

      (87.27

      (59.72)

      Net Assets

      (t04.0 j

      (96.72)

      (96.32)

      (ROI.0

      (96.32}

      Depreciation, Amortiza6tion Impairneni

      (0.08)

      (0.08)

      (o o8)

      (0.33}

      (0.32)

      Total

      Segment Revenue

      7,305.55

      7,069.99

      6,948.6t

      28,1TO.70

      27,277.80

      Segment £tesult

      1,780.05

      1,798.31

      1,481.77

      6,878.86

      6,068.J3

      Share of profit of Associates

      (1.18)

      0.52

      (0.41)

      2.94

      3.76

      Tax Expenses

      406.43

      363.42

      400.12

      1,436.â6

      1,304.81

      OCI adjustments

      (67.07)

      (0.01)

      3.27

      (72.0â]

      (3.41)

      Share of Profit/(Loss) of Non-Controlling Interest

      0.24

      0.05

      0.08

      0.47

      0.35

      Total Result (Attributable to Owner)

      1,306.31

      1,434.83

      1,084.84

      S,370.18

      4,759.56

      Segment Assets

      3,J4,040.38

      3,06,261.59

      2,91,293.30

      3,14,040.38

      2,91,293.30

      Segment Liabilities

      2,77,684.87

      2,71,212.42

      2,59,813.24

      2,77,684.87

      2,59,813.24

      Net Assets

      36,355.51

      35,049.17

      31,480.06

      36,355.SJ

      3J,480.06

      Depreciation, Amortica hon 6 Impairment

      26.41

      24.92

      18.36

      97.77

      69.23

      Non Cash Expenses other Depreciation,

      Amortization H Impairment

      t09.38



      42781

      285.83

      J,6t3.72

      1. The accounting policies adopted for segment reporting are in line with the policies of the Group. Segment revenue, segment expenses, segment assets arid segment liabilities have been identified to segments on the basis of their relationship to the operating activihes of the segment.

      2. Transkr prices between operating segments are on an arm's length basis in a manner similar to transactions with third

      3. Loans segment comprises of providing finance for purchase, construcaon, repairs, renovation of house/buildings.

      4. Other Segments comprise of Financial Services segment which involves business of marketing Financial Products and Services on own acco unt as well as for and on behalf of other service provi ders, Construction Segment which establishes and operates assisted living community centres for elderly citizens in India, Asset Management segment which includes promoting and managing different schemes on behaU of LIC Mutual Fund and Trusteeship segment which supervises

        acfivities of LIC Mutual Fund.

      5. The Company does not have any material operations outside India and hence, disclosure of geographic segments is not

      6. No single customer represents 10a or more of the Company's total revenue for the year ended March 31, 2025.

        O coRP0RATE'o

        Corporate Offlc

        C

        nce Ltd., 131 Maker T v

        7 8600, Fax:+91 22 2 3'

        rBA!

        1

        13th Floor, Cuffe

        {I' chousing#Iichousin .

        . c

        00005



        Registered OfficeL: ingFinance Ltd. Bombay Life Bldg If /47, Veer Nariman Rd, Fort, Mumbai -400 001.

        Tel: + 91 22 2204 9682/9799/0006, Fax: +91 22 2204 9682, E-mail: Iichousing0lichousing.com.



        Notes to the Consolidated Financial Results:

        LIC HOU6INQ FINANCE LTD

        4 be above financial resutb represent the Consolidated financial resul Is for LIC housing fiinance Lñnited and its subsidiaries constirutine the 'Grou p' .

        The financial results have been prepared in axordance with the recogniñon and measurement principles laid down in Indian Accounting Standard, notified under Section 133 of the Companies Act, 2013 read with Companies {Indian Accounting Standards) Rules, 2015, as amended from fime to time, and other accounting principles generally accepted in India and in compliance with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulafions, 2045, as amended. Any appiication guidance / clarifications / directions issued by the Reserve Bank of India (RBI), the National Housing Bank (NHB) or other regulators are implemented as and when they are issued / become applicable.

        6 The Board of irectors has recommended a dividend of 1 10/ - per equity share of I 2/- each (500$) ((Previous year 1 9 per equity sharr (450%)) subject to approval o£ the members of the Company at the formcoming Annual General Meeting.

        tnFormaTion as required by Reseme Bank of India vide cñcular DOTS.no. BP.BC/3/21.04.048/2020-2t dated August 6, 2020 and circular RBT/2021-22/it ExDR.ATR.REC.it/21.04.048/202T-22 dated May 5, 202a on Ttesolution Framework - 2.0 as at March it, 2025 are given below.

        Type of borrower

        kzposure to

        Accounts classified as Standard cortsequen I to implementa hon of resolution plan - Position as at September 30, 2024 (A)

        Of (A),

        aggregate debt that slipped into NPA during the current half year

        Of (A), amount

        written off during the current half year

        If (A), amount

        paid by the borrowers during the current hat I yea r

        Exposure to

        accounts classified as Standard consequent to implementation of resolution plan - Posifion as ai the end of March 34, 2025.

        Personal Loans

        1Z15.79

        35.US



        T5t6.5

        Corpora • persons

        362.70

        13.30

        286.0b

        Totat

        2078.49



        2.IB



        19S.W

        t832.5

        There are no loans transferred / acquired during the quarter ended March 31, 2025 uunder the RBI Master Direction on Transfer of Loan Exposure dated Aptember 24, 202a.

        The Secured Iisted non-convertible debt securites of the Company are secured by a negative lien on the assets of the Company (excluding current and future receivables and book-debt o£ whatsoever nature o£ the Company on which a first pari-pasu ftoafing charge by way of hypotheration to secure tlne borrowings of the company outstanding as on March 31, 2015 and the unavailed sanctions of the term loans, cash credit and refinance as on March 31, 2015), with a minimum Security cover of 100$ . In addition to above the Debentures would be secured by mortgage on an Immovable Property owed by the Company. Security cover for NCD issued by the company is 1.20 titnes as at March 31, 2025.

        In compliance with Regulation 33 and Regulation 52 of the SEB1 (listing Obligations and Disclosure Requirements) Regula fions, 2015, the above results for the financial year ended Math 31, 2025 have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of irectors at their meeting held on May 15, z025. The above results have been Audited / Limited Reviewed by the Joint Statutory Auditors of tne Company.

        The figures for the quarrel ended March 31, 2025 and March 31, 2024 are the balancing figures hetween audited figures in respect of the full financial year for 2024-25 and 2023-24 and published unaudited year to date figures upto the third qcarter ended December 31, 2024 and December 31, 20K3, respecfively.

        The figures for the previous periods / year have been regrouped wherever necessary in order to make them comparaLile.

        For and o all of Ihe Board



        aging Diwctor & CEO

        DI IN : 20229t97

        m



        CIN NO. : L65922MH1989PLC052257 Website : https://www.Iichousing.com

        Corporate Office : LIC Housing Finance Ltd., 131Maker Tower "F" Premises, 13th Floor, Cuffe Parade, Mumbai 400 005 Tel :+ 91 22 2217 8600, Fax:+91 22 2217 8777, Email: IichousingQIichousing.com.

        Registered Office: LIC Housing Finance Ltd. Bombay Life Bldg., 2nd flr., 45/47, Veer Nariman Rd, Fort, Mumbai -400 001.

        Tel: + 91 22 2204 9682/9799/0006, Fax: +91 22 2204 9682, E-mail: Iichousing@Iichousing.com.

        SGCO & Co.LLP.

        Chartered Accountants 4A, Kaledonia-HDlL,

        2nd Floor, Saliar Rd, Andheri East, Mumbai - 400 069, Maharashtra

        Khandelwal Jain & Co. Chartered Accountants

        6-11&C, PIL Court, 6"' Floor, 111

        M.K. Road, Churchgate, Mumbai 400 020, Maharashtra

        Independent .Auditors' Report on the Quarterly and Year to Date Consolidated Financial nesults of LIC Housing Finance Limited Pursuant to the Regulation 33 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

        To

        The Board of Directors of

        LIC Housing Finance Limited Mum bar.

        Report on the audit of the Consolidated Financial Results



        We have audited the accompanying Statement of quarterly and year to date Consolidated Financial Resul ts of LIC Housing Finance Ltd. (hereinafter referred to as the "Hold ing Company") and its subsidiaries (Hold ing Company and its subsidiaries together referred to as " the Group") and its associates for the quarter ended March 31, 2025 and for the year endec4 M aich

        ?'4, 2025 (the "Statement"), attached lieren'ith, being submitted by the Holding Company pursuan I to the requirement .of Regulation 33 ancJ Regulation 52 of the Securifies and Exchange Board of India I (Listing Obligations end Disclosure Requirements) Regulations, 2015, as. amended (" the Listing Regulations").

        In our opinion and to the best of our information and according to the explanations given to us, and baser4 on the consideration of the a udit reports of the other aud itors on separate financial in IormatioJi of subsidiaries and associates referred to in 'Other Matters' section below, the aforesaid Statement:

        1. include the financial results of the bellowing entities: Holding Com pany:

          LIC Housing Finance Lim ited

          Su bsidiaries:

    2. LICIJFL Financial Services Company Limited

    1. LICHFL Asset Management Company Limited

    2. £,ICHFL Care Homes Limited

    Page 1 of 6



    SGCO & Co. LLP.

    Chartered Accountants

    Associates:

    1. LIC Mutual Funnel Asset Management Limited

    2. LIC Mu tual Ftind Trustee Management Limited

    Khandelwal Jain & Co. Chartered Accountants

    1. ‹are presented in accordance with the requirements of Regulations 33 and 52 of the Listing Regula hons in this regard; and

  2. gives a true and fair view in conformity with the recognition and measurement princi ples lai‹j ijown in the applicable Inch ian Accounting StantJards prescribetl untler section 433 of the Companies Act, 2013 (" the Act") reach with relevant Rules tliereunc4er an‹4 other accounting principles generally accepted in India, of the consolidatetJ net profit and other comprehensive income and other financial information of the Group and its associates for the year enc4ec4 March 31, 2025.

    Basis for Opinion

    We cond uctetl our audit in accorc4ance with the Standards on Auditing (" the SAs") specified under Secticin 143(10) of the Companies Act, 20a3 (" file Act"). Our responsibilities unc4er those Standards are further described in the "Auditor's Responsibilities for the A ur4it of the Consolidated Financial Results" section of our report. We are independent of the Grou p and its associates in accordance with the Code of Ethics issued by the Institute of Charterecl Accountants of India together with the ethical requirements that are relevant to our audit of the ii» i I

    statements tim4er the provisions of the Companies Act, 2043 an‹4 the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these r••iuirements and the Code of Ethics. We believe that the audit evidence obtained by us and other aud itors in terms of their reports referred to in "Other Matters" section below, is sufficient and appropriate to provide a basis for our opinion.

    Management's and Board of Directors' Responsibilities for the Consolidatetl Financial Results

    The Statement have been prepare‹4 on the basis of the consolidated annual financial statements.

    The Holding Company's Management and Board of Directors are responsible for the preparation anc4 presentatioii of these Sfatemen t that give a true and fair view of the net profit and other comprehensive income and other financial information of the Group including ids associates in accorc4ance with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed und‹ir Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulations 33 and 52 of the Listin g Regulations. The respective Management and the Board of



    Page 2 of 6



    SGCO & Co. LLP.

    Chartered Accountants

    Khandelwal Jain & Co. Chartered Accountants

    Directors of the entities included in the Group and of its associates are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarJ ing of the assets of their respective entities anal for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and com pleteness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from ir aterial misstatement, whether d ue to fraud or error, w'hich have been used for the purpose of preparation of the Statement by the Management and Directors of the Holding Company, as aforesaic4

    In preparing the Statement, the respective Board of Directors of the entities inclu det4 in the Grain p and of its associates are responsible for assessing the ability of the respective entities to continue as a goin g concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting u nless the Board of Directors either intends to IiquiJ ate the Group and is associates or to cease operations, or has no realistic alternative but to do so.

    The respective Board of Directors of the companies included in the Group arid of its associates are also responsible for overseeing the financial reporting process of their respective entities.

    Auditors' Responsibilities for the Audit of the Consolidated Financial Results

    Our objectives are to obtain reasonable assurance aborit whether the Statement as a whole are free from material misstatement, whether due to fra ud or error, and to issue an audi tor's report that includcs our opinion. Reasonable assurance is a high level of assu rance but is not a guarantee that an audit conducted in accordance with the SAs will always detect a material misstatement when it exists. M isstatemen ts can arise from fraud or error and are considerecJ inateria I if, indivitl ually or in the aggre.gate, they could reasonably be expectecl to infl uence the economic decisions of users taken on the basis of the Statement.

    As part of an audit in accordance with the SAs, we exercise professional judgment anci maintain professional scepticism throughout the audit. We also:

    1. Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit proced ures responsive Io those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatemen t resulting from fraucl is higher than for one resulting from error, as fraud may involve collusion, forgery, intentiona I omissions, misrepresentations, or the override of internal control.



      Page 3 of 6



      SGCO & Co. LLP.

      Chartered Accountants

      Khandelwal Jain & Co. Chartered Accountants

    2. Obtain an understanding of internal control relevant to the audit in order to Yesign audit procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion throu gis a separate report on the complete set of financial statements on whether the Company has adequate internal financial controls with reference to financial statements in place and operating effectiveness of such controls.

    3. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

    4. Conclude on the appropriateness of t)ie Board of Directors' use of the going concern basis of accounting and, based on the audit ev iJence obtained, whether a material uncertainty exists i elated to events or conditions that may cast significant don bt on the ability of the Grou p and its associates to continue as a going concern. If we conclude diat a material uncertainty ex ists, we are req uired to draw anention in our auditors' report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evic4ence obtained up to t)ae date of our auditors' report. However, future events or conditions may cause the Group and its associates to cease to continuo as a going concern.

V. Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represent the underly ing transactions and events in a manner that achieves fair presentation.

  1. Obtain sufficient appropriate audit evidence regarding the financial results / information of the entities within the Group and its associates to express an opinion on the consolidated financial results. We are responsible for the direction, su pervision and performance of the audit of financial information of such entities included in the consolid ated financial results of which we are the independent auditors. ror the other entities included in the consolidated financial resu Its, which have been audited by other auditors, such other au ditors remain responsible for the direction, supervision and performance of the aud its carried out by them. We remain solely responsible for otir audit opin ion.

    We communicate w itli those charged with governance of the holding Com pany and the respective aud itors communicate with those charged with governance of such other entities included in the Statement of which other an ditors are the independent auditors, regarding, among other matters, the planned scope and timiiig of the audit rind significant audit find ings, incluciing any significant deficiencies in internal control that we ic4entif y during our aud it.

    We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarci ing independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our indepenclence, and where applicable, related safeg uards.

    pL J4/,j,



    Page 4 of 6



    SGCO & Co.LLP.

    Chartered Accountants

    Khandelwal Jain & Co. Chartered Accountants

    We also performed proced ures in accordance with the Circular No. CIR/CFD/CMD 1/44/2019 dated March 29, 20J9 issued by the SEBI under Regula hon 33(8) of the Listing Regulations, as amen‹Jed, to the extent applicable.

    Other Matters

    1. The Statement includes the audited financial results of four sribsic4 iaries, w hose financial statements, before consolidation adjustments, reflect total assets of Rs. 305.17 crore as at March 31, 2025. total revenues from operation of Rs. 40.01 crore and Rs. 405.44 crore and total net Profit after tax of Rs. 12.61 crore and Rs. 26.74 crore and tota[ com prehens ive income of Rs.

      2.54 crore and Rs. 26.67 crore for the c}uarter ended March 34, 2025 and for the period from April 01, 2024 to March 34, 2025 respectively, and net cash inflows of Rs. 49.76 crore for the year endec4 March 34, 2025, as considered in the Statement, which have been audited by their respective independent auditors. The independent auditors' reports on financial statemeii ts of these entities leave been furnished to us by the Management and our opinion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the report of such independent auditors' and the proceclures performed by us are as stated in the "Responsibilities of the Auditors for the Audit of the Consolid atetJ 1 inancial Ilesn1t" section of this report.

    2. The Statement inclucles the audited financia I results of one associate, whose financial statements, before consolidation adjustments, reflect Group's share of total net profit after tax of Rs. 0.02 crore and Rs. 0.05 crore and Grou p's share of total comprehensive income of Rs.

      0.02 crore and Rs. 0.08 crore for the quarter ended March 31, 2025 and for the period from April 04 , 2024 to March 32, 2025 respectively, as considered in the Statement which has been and ited by its independent aura itor. The independent aud itors' report on the financial statements has been furnished to us by the Management and our opinion on the Statement, in so far as it relates to the amounts and disclosures includec4 in respect of this associate is base‹4 solely on the report of such indepencJent auditors and the procedures performed by us as stated in the "Responsibilities of the Auditors for the Audit of the Consolidated Financial Result" section of this report.

    3. The Statement also includes the Group's share of total net (loss) / profit afler tax of Rs. ( I .20) crore and Rs. 2.86 crore and Group's share of total comprehensive (loss) / income of Rs. (1 .38) crore and Rs. 2.68 crore for the quarter ended March 31, 2025 and for the period from April 01, 2024 to March 3 I, 2025 respectively, in respect of one associate, as considered in the Statement whose financial information has not been audited by its independent auditor. This financial information is unaud ited and has bcen furnished to us by the Management and our opinion on





      Page 5 of 6

      SGCO & Co. UP.

      Chartered Accountants

      Khandelwal Jain & Co. Chartered Accountants

      the Statement, in so far as it relates to the amounts and disclosures included in respect of this associate. is based solely on such unaiidited fi nancial information. In our opinion and according to the information and explanations given to us by the Management, this financial information is not material to the Group.

    4. The Statement incIuc4es the figures for the last quarter of the current and previous financial year being the balancing figures between auditec4 figures in respect of the ftill financial years and the published year to date figures up to die end of thircJ quarter of the current and previous financial year which were subjected to limited review by us.

Our opinion is not mod ified in respect of these matters with respect to our rel iance on the work done and the reports Of the other auditors and the financial information furnished to us by the Management.

For SGCO & Co. LLP

Chartered Accountants





Firm Registration N umber: 442082 W/ WI 00154

Suresh Murarka

Partner

Membership N umber: 044739 UDIN: 250447S9BM1.AKX7037

Mumbo i, May 15, 2025

Poge 6 of 6

ror Khandelwal Jain & Co. Chartered Accountants

*°yppp$ $ ptH



Firm Registration Number: 405 049W



S.S. Shah Partner

Membership Number: 033632 UDIN: 25033632B MMJ UN3248

Mumbai, May 15, 2025

gg/LIC flFL

LIC HOUSING FI NANGE LTD

45th May,2023

he Manager,

Listing Department,

National tack Exchange of India Ltd., Exchange Plaza, S"' Floor,

Plot No. C/ I, G Block, Bandra-Kurla Complex, Ban‹4 ra (E), Mumbai - 400.051

The General Manager,

Department of Corporate Services-Listing Dept., BSE Limited,

25"' Floor, Pliiroze Jeejeebhoy Towers, Da lal Street,

Mumbai - 400.002 .

Scrip ID: LICHSGFIN EQ

Ema il: cm list@use.co. in

Scrip Code : 500253

Email: corp.re1ationsObsein‹4ia.com



Re:- Declaration pursuant to Regulation 33(3) (d) and 52 {3) (a) of Securities and Exchange Board India tListing Obligations arid Disclosure Requirements) Regulations,2046 Declaration

Dear Sir/ Madani,

I, Varsha LIar‹4asa ni, Com pany Secretary and Compliance Officer, of LIC Housing Finance Limited fray ing Registered Office at Bombay Life Building, 2nd filoor 45/ 47, Veer N arima n Roast Fort, Muiibai-400001, hereby declare that the joint Statutory A uc4itors of the Company M/s SGCO ñ Co. LLP. (FRN-2 1208a W/ WI 00184) anet M/s KliandelwnI Ja in & Co. (FRN- 105049YV) have issued an Audited Report w•ith unmodified opinion on auc4itecâ Financial Result of the Company (standalone and Consolidated) for the Financia I Year ended 34 st March, 2025.

This declaration is given in compliance with Regulation 33(3)(d) and 52 (3) (a)of Securities anti Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations,2045 as amencied by of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations,20l6, vide Notification no. SEBI/ LAD-NRO/GN/20J6-47/002 elated May 25, 20J6 and circular no.- CIR/CFD/CMD/56/204.6 dated May 27,2016.

Kindly take this declaration on record.

Yours faithfully,





Fang Finance Limited

F W sani

Company Secretary & Compliance Officer

CIN NO. : L65922MH1989PLC052257 Website : https://www.Iichousing.con

Corporate Offir.e : LIC housing Finance I.td., 131 Maker Tower "F ' PreiJJises. 3tl‹ EIoci, Cuffe +arade. f7urnluai 400.003 Tel :+ 91.22.221? 8600, Fax:+91 22 2217 g77*, Email: IichousingAlicl ousing.com.

Registered Office: LIC Housing Finance Ltrl. Bombay Life Bldg., 2nd flr., ^5/4T, Veer Nariman Rel, Fort, iv!un4Lai 400.001.

Tel: 9T 22 2204 9682/9799 /000G, Fax: +91 22 2204 9G82, E mail. IiclJousinm•@licIJousing con .



LIC HOUSING FINANCE LTD



Housing Finance Ltd., 131 Maker Tower " emis

,* 91 22 2217 8600, Fax:+91 22 2217 8 #

IC Housing Finance Ltd. Bombay Life Bldg., 2n

1 22 2204 9682/9799/0006, Fax: +91 22 220

CORPORATE



loor, Cuffe Parade, Mu 4 5

gQIichousing.com.

Nariman Rd, Fort, Mumbai - 4 il: IichousingdIichousing.com.

Anne sure I

Statement of Information for Iis ted Non-Convertible Debentures ("N CD"):

  1. list oI Listed NC D's issued during the quarter ended March 3 I , 2025

    Sr. No.

    Series

    ISIN

    Secured /U nsecured

    Amount (Crores)

    1

    450th

    ONE 1 I 5A07 RB7

    Secured By Negative Lien

    I 245.00

    2

    45 I st

    INE 115 A07RC5

    Secured By Negative Lien

    2745.00

    3

    445 Opt ion II Reissue 2

    INE1 15A07QW5

    Secured By Negative Lien

    1003.00

    4

    452nd

    INE1 1 5A07RD3

    Secured By Negative Lien

    1000.00

    5

    448ih Reissue I

    INE115 A07QZ8

    Secured By Negative Lien

    700.00

    6

    452nd Reissue 1

    INE 11 5A07 RD3

    Secured By Negative Lien

    1225.40

    7

    453rd

    lN E115 A07RE 1

    Secured By Negative Lien

    1000.00

    8

    4541h

    INE115 A07RF8

    Secured By Negative Lien

    7000.00









    iy

    CORPORATE



  2. Listed NCD's outstanding as at March 31,2025

Sr. No.

Series

ISI N

Secured /U nsecured

Amount (Crores)

1

253

INE11 5A07HG7

Secured By Negative Lien

1000.00

2

254

INE11 5 A07H H5

Secured By Negative Lien

205.00

3

26 I

IN E11 5A07 H P8

Secured By Negative Lien

195.00

4

264

INE 11 5 A07 HT0

Secured By Negari ve Lien

300.00

5

265

INE 11 5A07 HU8

Secured By Negative Lien

500.00

6

267-Option 1

INE 1 1 5A07 HW4

Secured By Negative Lien

200.00

7

267-Option 2

INE 11 5A07 HX2

Secured Bv Negative Lien

300.00

8

271-Option 2

INE 115 A07 IC4

Secured By Negative Lien

210.00

9

273-Option 2

INE115A07I F7

Secured Bv Negaii ve Lien

381.00

10

275

ONE 115 A071H3

Secured By Neeativ'e Lien

I 000.00

1 1

279

INE115 A09 IN 1

Secured By Nepative Lien

1000.00

1 2

282

INE115 A071R2

Secured By Negative Lien

750.00

13

283

INE 11 5 A07IS0

Secured By Negative Lien

750.00

14

286

lN E1 1 5A071W2

Secured By Negative Lien

500.00

15

287

INE115 A07I X0

Secured By Negatl ve Lien

l 000.00

16

292

INE115 A07M19

Secured By Negal jve Lien

300.00

17

296-Option 1

fNE11 5A07M M I

Secured By Negative lien

510.00

18

297-Option 2

INE11 5A07J P4

Secured By Negatl ve Lien

495.00

19

298

INE 11 5 A07JQ2

Secured By Negative Lien

357.00

20

300-Option I

INE 11 5A07J S8

Secured Bv Negai ive Lien

500.00

2 I

300-Option 2

INE I I 5A07JT6

Secured Bv Negati ve Lien

348.80

22

303

INE I I 5A07J W0

Secured By Neeat+ ve Lien

472.40

23

306-Option 3

INE11 5A07H6

Secured Bv Negative Lien

200.00

24

309-Option 2

INE 115 A07 KM9

Secured Bv Negati›'e Lien

500.00

25

314

INE 11 5A07KS6

Secured By Negaii ve Lien

1000.00

26

320

INE1 15A07KY4

Secured Bv Negative Lien

1000.00

27

332

INE 1 1 5A07LO3

Secured By Negative Lien

600.00

28

337

INE115A07LU0

Secured By Negative lien

700.00

29

341-Option 3

ONE1 15A07M C6

Secured By Negati›'e lien

500.00

30

353

INE115 A07M QG

Secured By hegati ve Lien

530.00

3 1

359

INE1 1 5A07M W4

Secured By Negative Lien

1477.00

32

365

INE115 A07N D2

Secured By Negative Lien

912.00

33

367-Option 3

INE11 5A07N H3

Secured By Negative Lien

630.50

34

369-Option 2

INE1 15A07N L5

Secured By Negative Lien

274.90

35

372-Option 2

INE115 A07N P6

Secured By Negati› e Lien

l 606.00

36

373-Option 2

INE11 5A07NR2

Secured By Negati ve Lien

I 522.40

37

376

INE115 A07NU6

Secured By Negatl ve Lien

I 365.00

38

382

INE11 5A07OB4

Secured By Negaii ve Lien

3400.00

39

386

INE11 5A07OF5

Secured BY Negative Lien

2500.00

40

397

INE11 5 A07OR0

Secured By Negative Lien

I I 20.09

41

403

INE11 5A07OY6

Secured By Negative Lien

500.00

42

409

INE1 15A07PF2

Secured By Negative Lien

000

43

403

INE1 15 A07OY6

Secured By Negative Lien

990.0t

44

4ll

INE1 1 5A07 PH8

Secured By Negative Lien

320.00

45

412

INE11 5A07P16

Secured By Negaii ve Lien

1500.00

INE11 5A07PK2

Secured By Negative Lien

550.00

INE1 15A07PL0

Secured By.Negaiixe Lien.

975.00

INE115 A07P H8

Secured By Nñgati Mehen

420.00

fNE11 5A07 PK2

Secured/Qy egai ive Lier( \

1120.00



50

417-Option I

lNEl 15A07PN6

Secured By Negati›'e Lien

1000.00

O

51

417-Option 3

INE115A07PP I

Secured By Negative Lien

750.00

52

417-Option 3

lNEl 15A07PP I

Secured By Negati›'e Lien

250.00

53

417-OpIion 3

fNE1 I 5A07PP 1

Secured By Negative Lien

657.00

54

419-Option 2

fNEl I5A07PR7

Secured By Negative Lien

500.00

55

419-Option 2

INE1 I5A07PR7

Secured By Negative Lien

300.00

56

420-Option 1

lNEl I5A07PT3

Secured By Negative Lien

I 275.00

57

420-Option 2

INE1 l5A07PU1

Secured By Negative Llen

11 00.00

58

421

INEl l5A07PV9

Secured By Negative Lien

I 000.0t

59

422

INE1 I5A07PW7

Secured By Negative Lien

500.00

60

417-Option 3

INE1 l5A07PPl

Secured B}' Negative Lien

1350.00

61

421

INEI l5A07PV9

Secured By Negative Lien

I 500.00

62

422

INEi I5A07PW7

Secured By Negative Lien

2500.00

63

424-Option I

INE I I 5A07PY3

Secured B}' Negat+ve Lien

l 500.00

64

424-Option 2

INE1 I5A07PZ0

Secured By Negative Lien

1500.00

65

424-Option 1

lNEl I 5A07PY3

Secured By Negative Lien

2000.00

66

425

INEl l5A07QAl

Secured By Negatlve Lien

1500.00

67

426

tNEl i5A07QB9

Secured By Negative Lien

1175.50

68

353

INE} I5A07MQ6

Secured By Negative Lien

2500.00

69

426

INE} I5A07QB9

Secured By Negati›'e Lien

571.00

70

426

INEl l5A07QB9

Secured By Negative Lien

500.00

7l

425

INEI I 5A07QA1

Secured By Negative Lien

300.00

72

427

INEI I5A07QC7

Secured By Negati›'e Lien

500.00

73

428

INEI I5A07QD5

Secured By Negative lien

625.00

74

429

INEI I5A07QE3

Secured By Negative Lien

800.00

75

430

INE1 I5A07QF0

Secured By Negative Lien

1150.00

76

431

lNEl I5A07QG8

Secured By Negative Lien

303.00

77

359

INEI I5A07MW4

Secured By Negative Lien

2011.00

78

428

lNEl l5A07QD5

Secured By Negative Lien

855.00

79

432

lNEl 15A07QHG

Secured By Negative Lien

1035.00

80

432

lNEl 15A07QH6

Secured By Negative Lien

300.00

81

431

lNEl 15A07QG8

Secured By Negative Lien

450.00

82

429

INEl l5A07QE3

Secured By Negative Lien

1000.00

83

427

INEI 1SA07QC7

Secured By Negative Lien

1730.00

84

433

INEI l5A07QI4

Secured By Negative Lien

1105.00

85

434-Option 1

fNEI I 5A07QJ2

Secured Bv Negative Lien

1040.00

86

434-Option 2

INEI I 5A07QK0

Secured By Negatw'e Lien

4960.00

87

434-Option I

INEI I 5A07QJ2

Secured By Negative Lien

l 500.00

88

428

INEI I 5A07QD5

Secured By Negative lien

1000.00

89

435

IMEI I5A07QL8

Secured Bv Negative Lien

1250.00

90

420-Option 2

INE1 l5A07PU 1

Secured By Negative Lien

1784.00

91

436

INEl l5A07QM6

Secured Bv Negative Lien

941.00

92

409

lNEl l5A07PF2

Secured By Negative Lien

500.00

93

433

INEl I5A07QI4

Secured By Negative Lien

2000.00

94

376

INEl l5A07NU6

Secured By Negative Lien

1000.00

95

437

INEI l5A07QN4

Secured By Negati›'e Lien

I 300.00

96

372-Option 2

INEI l5A07NP6

Secured Bv Negative Lien

50 I .00

97

437

INEI I5A07QN4

Secured Bv Negative Lien

I 642.30

98

437

INEI I5A07QN4

Secured By Negative Lien

800.00

99

438

lNEl I5A07QO2

Secured By Negative Lien

I 005.00

100

438

INEl I5A07QO2

Secured By Negative Lien

1190.00

101

437

lNEl I5A07@N4

Secured By Negative Lien

503.00

102

438

INE115A07@O2

Secured By Negative Lien

505.00

103

439

INE115A07QP9

Secured By Negative Lien

3470.00

104

417-Option 1

INE1 l5A07PN6

Secured By. Negative Lien

1780.00

105

440

INE1 I5A07QQ7

Secured By Negative Lien

2105.00

106

441

INEl l5A07QR5

Secured By Negative Lien

1004.00

107

442

lNEl 15A07QS3

Secured By Negative Lien

2570.00

108

440-Reissue I

lNEl 15A07QQ7

Secured By Negative Lien

1510.00

109

443

INE1 l5A07QTl

Secured By Negative Lien

750.00

110

386-Reissue 1

INEl l5A07OF5

Secured By Negative Lien

752.00

111

443-Reissue I

INEI l5A07QT 1

Secured By Negative Lien

500.00

112

441-Reissue I

lNEl l5A07QR5

Secured By Negative Lien

75 I.00

113

444

fNEl l5A07QU9

Secured By Negative Lien

1050.00

114

445-Option

fNEl I5A07QV7

Secured By Negative Lien

1500.00

115

445th Option II

lNEl l5A07QW5

Secured By Negative Lien

710.00

1J@,

444-Reissue 1

INEI I 5A07QU9

Secured By Negative Lien

2500.00

117 "yt

@6

INEI I 5A07QX3

Secured By Negative Lien

1625.00

US ii;i

QS-Option I Reissue 1

INEI I 5A07QV7

Secured By Ne ati‹@Yien



1730.0

IQ/

Cth

INE11 5A07QY I

Secured By ga9ie Lien



1300.0





Fl/y

ñ 8'^

CoRPORATE

OFFICE

m





120

445th Option II Reissue I

INE 1 I5A07QW5

Secured By Negative Lien

I 500.00

121

447tll Reissue 1

INEl l5A07QY 1

Secured By Negative lien

1000.00

122

448th

fNEl l5A07QZ8

Secured By Negative Lien

1315.00

123

441st Reissue 2

INE1 I5A07OR5

Secured By Negative Lien

I 030.00

124

449th

INEl 15A07RA9

Secured By Negative Lien

1275.00

125

4l9th Option II Reissue 2

INE 115A07PR7

Secured By Negative Lien

605.00

126

449th Reissue 2

TNE I l5A07QY I

Secured By Negative Lien

163500

127

450th

lNEl I 5A07RB7

Secured By Negative Lien

1245.00

128

45lst '

lNEl I5A07RC5

Secured By Negative Lien

2745.00

129

445 Option H Reissue 2

INE 1 I 5A07QW5

Secured By Negative Lien

1003.00

130

452nd

fNEl I5A07RD3

Secured By Negative Lien

1000.00

131

448th Reissue 1

INE 1 l5A07QZ8

Secured By Negative Lien

700.00

132

452nd Reissue 1

lNE 115A07RD3

Secured By Negative Lien

1225.40

133

453rd

INEl l5A07Rfi 1

Secured By Negaii›'e Lien

1000.00

134

454th

INEI 45A07RF8

Secured By Negative Lien

7000.00

135

4l6th issue ZCD

INE I I 5A07PM8

Secured By Negative Lien

675.00

136

4l6th Reissue 1 ZCD

lNEl l5A07PM8

Secured By Negative Lien

72500



O

CORPORATE

orrlCE



SGCO & Co.LLP.

Chartered Accountants 4A, Kaledonia-HDlL,

2nd Floor, Sahar R‹J, Andheri East, Mum bar - 400 069, Maharashtra

Khandelwal Jain & Co. Chartered Accountants

6-B&C, PIL Court, 6' Floor, Ill

M.K. Road, Churchgate, Mumbai 400 020, Maharashtra

Independent Statutory Auditor's Certificate with Respect to maintenance of Security Cover as pursuant to regulations of 54 read wirh negulation 56{1){d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure nequirements) Regulations, 2015 (as amended)

To,

The Board of Directors of

LIC Housing Finance Limited 231, Maker Tower "F" Premises, 43th Floor, Cuffe Parade, Mumbai - 400005

Dear Sirs,

We, SGCO & Co. LLP, Chartered Accountants anc4 Khandelwal Jain & Co., CharterecJ

Accountants, are Joint Statutory Aud'itors of the LIC Housing Finance Limited ("the

Company") and have been requested by the Company to certify the accompanying Statement showing 'Security Cover' for the listed non-convertible debt securities as at March 32, 2025 (the "Statement") pursuant to the requirements of the Regulation 54 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2045, as amended, (the "SEBI Regulations"). The Company has prepared the details of security cover available for debenture holders in accordance with the audited standalone financial statements as at March 34, 2025 and other relevant records/documents maintained by the Company as per acconi panying Statement. We have stamped the same for identification purposes.



  1. We understand that this certificate is required by the Company for the purpose of submission with Bombay Stock Exchange Limited; National Stock Exchange of India Limited and IDBI Trusteeship Services Limited with respect to maintenance of asset cover in respect of listed non-convertible debt securities of the Company as per Regulation 54 of Securities and Exchange Board of India (Listing Obligation & Disclosure Requirements) Regulation, 2015 ("Regulations") in the format notified by SEBI vide circular no. SEBI/ HO/ MIRSD/ MIRST CRADT I CIR/ PI 2022/67 dated May 4 9,2022 and also certify the particulars contained in the accompanying Statement of information for listed Non-Convertible Debentures devoted herewith "(Annexure I)" of the Company for the quarter ended and year ended March 31, 2025.



    Page 1 of 4

    SGCO & Co. LLP.

    Chartered Accountants

    Khandelwal Jain & Co. Chartered Accountants

    Management Responsibility

  2. The preparation of the "Statement of Security Cover" and "Annexure I" is the responsibility of the Mono gement of the Company including the preparation and maintenance of all accounting and other relevant supporting records and documents. This responsibility inclu des the design, implementation and maintenance of internal control relevant to the preparation and presentation of the Statement and applying an appropriate basis of preparation; ance making estimates that are reasonable in the circu mstances.

  3. The Management of the Company is also responsible for ensuring that the Company complies with all the relevant requirements of the SEBI Regulations, the circular and for providing all relevant information to the Stock Exchange.

    Auditor's Responsibility

  4. Pursuant to the requirements of the SEBI Regulations and the circular, it is our responsibility to provide a limited assurarice as to whether any matter has come to our mention that causes us to believe that as at March 31, 2025, the Company has not maintained security cover os per the terms of the Information Memorandum / Placement Memorandum and Debenture Trust Deeds.

  5. 'Ve have audited the standalone financial statements of the Company for the year ended March 31, 2025 and issued an unmodified audit opinion vide our report dated May 45, 2025. Our audit of such financial statements was conducted in accordance with the Standard on Auditing specified under Section 143(30) of the Companies Act, 2033 ("the Act") and other applicable authoritative pronouncements issued by the Institute of Chartered Accountants of India ("ICAI"). Those standards require that we plan and perform the audit to obtain reasonable assurance as to whether the financial statements are free from material misstatements. Further, we have not audited any financial statements of the Company as of any date or for any period subsequent to March 31, 2025.

  6. We conducted our examination in accordance with the Guidance Note on Reports or Certificates for Special Purposes issued by the Institute of Chartered Accountants of India. The Guidance Note requires that we com ply with the ethical requirements of the Code of Ethics issued by the Institute of Chartered Accountants of India.

  7. We have complied with the relevant applicable requirements of the Standard on Quality Control (SQC) 4 , Quality Control for Firms that Perform Audits and Reviews of Historical

    Financia 1 Information, and Other Assurance and Related Services Engagements

    ; w

    -""

    Page 2 of 4



    SGCO & Co. LLP. Chartered Accountants Khandelwal Jain & Co.

    Chartered Accountants

  8. Our scope of work did not involve us performing audit tests for the purposes of expressing an opinion on the fairness or accuracy of any of the financial information or the financial results of the Company taken as a whole. We have not performed an audit, the objective of which would be the expression of an opinion on the financial results, specified elements, accounts or items thereof, for the purpose of this report. Accordingly, we do not express such opinion.

  9. The [ rocedu res performed in a limited assurance engagement vary in nature and timing from, and are less in extent than for, a réasonable assurance engagement; and consequently, the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had a reasonable assurance engagement been performed. Limited assurance engagement includes performing procedures to obtain sufficient appropriate audit evidence on the reporting criteria mentioned in paragraph 5 above. The procedures selected depend on the auditor's judgment, including the assessment of the associated risks with the reporting requirements. We have performed the following procedures in relation to the Statement:

    1. Obtained and read on a test check basis, the Debenture Trust Deeds and the Information Memorandum in respect of the secured Debentures and noted the particulars of security cover and the security cover percentage required to be maintainecl by the Company in respect of such Debentures, as indicated in the Statement.

    2. Traced and agreed the principal amount of the Debentures outstanding as at March 31, 2025 to the standalone financial statements referred to in paragraph 6 above and the books of account maintained by the Company as at and for the year ended March 3J, 2025.

    3. Traced the book value of assets indicated in the Statement to the standalone financial statements as at and for the year ended March 31, 2025 referred to in paragraph 6 above and other relevant recorc4s maintained by the Company.

    4. Obtained the list of the security cover maintained by the Company.

    5. Obtained the list and the book value of assets placed uncler lien or encumbrance for the purpose of obtaining any other loan and determined that such assets are not included in the calculation of security cover in respect of the Debentures on a test check basis.

Examined and verified the arithmehcal accuracy of the computation of security cover indicated in the Statement.





g) Performed necessary inquiries with the Management and obtained necessary representations.

Page 3 of 4

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LIC Housing Finance Limited published this content on May 15, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 15, 2025 at 14:42 UTC.