LIC Housing Finance (LICHSGFIN) investor relations material

Executive summary

• Q1 FY27 profit after tax rose 9.4% YoY to ₹1,488.32 crore, with total revenue from operations at ₹7,065.53 crore, slightly down from ₹7,169.46 crore YoY.

• Outstanding loan portfolio grew 4% YoY to ₹3,22,098 crore, with individual home loans also up 4% to ₹2,71,979 crore.

• Disbursements rose 14.5% YoY to ₹15,014 crore, with individual home loan disbursements up 8% and non-housing individual loans up 20%.

• Net interest income for Q1 FY27 was ₹2,075.52 crore, marginally higher than ₹2,064.71 crore YoY; net interest margin declined to 2.58% from 2.68%.

• Asset quality improved, with stage three exposure at 2.14% (down from 2.62% YoY), and provision coverage at 48%.

Financial highlights

• Return on average equity for Q1 FY27 was 14%, down from 15% YoY; return on average assets improved to 1.85% from 1.76%.

• Earnings per share increased to ₹27.06 from ₹24.72 YoY.

• Capital adequacy ratio improved to 25.48% as of March 2026 from 23.20% in March 2025.

• Weighted average cost of funds decreased to 7.28% in Q1 FY27 from 7.50% YoY; yield on advances fell to 9.12% from 9.60%.

• Liquidity coverage ratio improved to 219.86% from 177.43% YoY.

Outlook and guidance

• Disbursement growth guidance for FY27 is 10%-12%, with AUM growth at 8%-10% and NIM guidance at 2.6%.

• Credit cost guidance remains at 10-15 basis points for FY27.

• Asset quality is expected to improve further, with GNPA targeted below 2%.

• Continued focus on core housing finance and prudent risk management.