LIC Housing Finance (LICHSGFIN) Q4 25/26 earnings summary

Executive summary

• Q4 FY26 saw resilient mortgage demand and stable macro fundamentals despite global volatility and inflationary pressures.

• Profit after tax for FY26 reached ₹5,595.15 crore, up 3% YoY; Q4 FY26 PAT was ₹1,497.41 crore, up 9% from Q4 FY25.

• Revenue from operations for FY26 was ₹28,764.63 crore, a 3% increase YoY; Q4 FY26 revenue was ₹7,194.34 crore.

• Strategic initiatives included co-lending, affordable housing, business aggregators, and marketing expansion to drive future growth.

• Leadership transition is underway, with Mr. Sandeep Kumar set to take over as CEO in August 2026.

Financial highlights

• Q4 revenue from operations was ₹7,194 crore, down from ₹7,281 crore YoY; FY26 total income was ₹28,771.66 crore, up from ₹28,046.13 crore in FY25.

• Outstanding loan portfolio grew 4% YoY to ₹3,20,707 crore; 84.5% comprised individual home loans.

• Q4 disbursements increased 10% YoY to ₹21,019 crore; FY26 total disbursements were ₹66,544 crore, up 4%.

• Net interest income for FY26 was ₹8,424.52 crore, up 4% YoY; Q4 NII was ₹2,222 crore, up 3% YoY; NIM for FY26 was 2.68%, Q4 at 2.80%.

• Dividend declared/recommended at ₹10 per share.

Outlook and guidance

• Targeting 10%-12% loan book growth for FY27, with Q1 aiming for 15% growth.

• NIM guidance for FY27 is 2.5%-2.7%, assuming stable macro conditions.

• April 2026 disbursement growth was 20.87% YoY, indicating a strong start to FY27.

• Asset quality expected to improve further, with a major corporate NPA resolution to be booked in May 2026.

• The company maintains a positive outlook, supported by robust asset quality and liquidity coverage.