LICHSGFIN · NSE · Housing Finance Company
LIC Housing Finance Ltd
What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Small Cap · AMFI list Jan-Jun 2026 · Vendor sector: Financial Services
cheap
low confidence
No valuation within 120 days; P/E 5.3 vs peers 13.8 (1st of 8); P/B 0.66 vs peers 2.0 (1st of 9).
Cheap for a reason: A negative 5-year return.
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model
What is LIC Housing Finance's share price today?
LIC Housing Finance last traded at ₹568.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 3.0% on the day, down 3.6% over a year. Its 52-week range is ₹459 to ₹598. The live price is in the app.
₹568.00
+3.0% today
−3.6% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range78% of the way up
Low ₹459High ₹598
What is LIC Housing Finance's market cap?
LIC Housing Finance's market capitalisation is about ₹30,344 crore: what it would cost to buy every share at today's price. That makes it the 34th largest small cap company we cover.
₹30,344 Cr
Small Cap34th largest small cap company
Share price₹568.00
×
Shares in issue53 crore
=
Market cap₹30,344 Cr
Small Cap means the companies ranked 251 and below by size, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →
Key facts
From the exchange
- Symbol
- NSE: LICHSGFIN
- ISIN
- INE115A01026
- Cap bucket
- Small Cap, 34th largest by market cap
- Industry (NSE)
- Financial Services › Finance › Housing Finance Company
- Listed since
- 1998
- Futures and options
- Traded
Is LIC Housing Finance overvalued?
Cheap, with low confidence: no valuation within 120 days; P/E 5.3 vs peers 13.8 (1st of 8); P/B 0.66 vs peers 2.0 (1st of 9). Cheap for a reason: A negative 5-year return.
Valuation
Latest price and trailing 12 months
P/E
5.29
vs peers 13.8 · 1st of 8
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B
0.66
vs peers 2.0 · 1st of 9
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap
₹30,344 Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield
2.0%
Last year's dividends as a share of today's price. Learn more →
PEG (vendor)
1.22
vs peers 1.2 · 4th of 8
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth
0.21
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
Is LIC Housing Finance a quality business?
Quality score 40, 8th of 9 in its peer set; CLEAN on 15 of 22 lender flags judged.
Quality and risk
Data as of 12 Oct 2026
Business quality
Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score
40
vs peers 57.8 · 8th of 9
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level
CLEAN
15 of 22 lender flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →
Lender scorecard
Statements through FY2026 (Mar-26)
Basis: consolidated accounts, FY2026 (Mar-26) against FY2025; NSE/BSE XBRL, the Q4 results filing; NIM is interest earned less expended over average advances and investments; cost to income is operating expenses over net interest income plus other income; credit cost is FY2026 provisions over average advances (the loan book from the Q4 filing); ROA over average total assets; ROE over average equity
Net interest margin
2.7%
vs peers 5.3% · 8th of 9
What a lender earns on its loans and investments less what it pays for deposits and borrowings, as a share of the assets that earn interest (or of all assets where the split is not filed). Learn more →
Gross NPA
Not available
Loans on which repayment has stopped, as a share of all loans, before any provision against them; from the latest results filing. Learn more →
Net NPA
Not available
Bad loans after the provisions already set aside against them, as a share of loans. Learn more →
Provision coverage
Not available
How much of the gross bad loans has already been provided for. Learn more →
Credit cost
0.2%
vs peers 0.2% · 4th of 9
The year's provisions for bad loans as a share of the average loan book. Learn more →
Cost to income
16.4%
vs peers 30.0% · 1st of 8
Operating expenses (staff, branches, technology) over net interest income plus other income. Learn more →
Return on assets
1.8%
vs peers 2.9% · 8th of 9
Profit as a share of average total assets. Learn more →
CET1 ratio
Not available
Common equity tier 1 capital, the hardest kind, against risk-weighted assets; from the latest results filing. Learn more →
Loan growth YoY
4.4%
vs peers 14.5% · 8th of 9
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth YoY
38.3%
vs peers 8.7% · 1st of 5
Growth in deposits over the latest fiscal year. Learn more →
CASA ratio
Not available
Current and savings account balances as a share of all deposits. Learn more →
Inside the app
Get a sneak peek of Valarth
Has LIC Housing Finance made money for shareholders?
Mixed: −3.6% over one year and +4.4% a year over five years.
Shareholder returns
5-year return
+4.4% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer
Yes
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →
Returns
3Y and 5Y are yearly averages
1W
+9.2%1M
+1.8%3M
−0.1%6M
+6.0%1Y
−3.6%3Y
+4.9%5Y
+4.4%Does LIC Housing Finance pay a dividend?
Yes. LIC Housing Finance's dividend yield is 2.02% at the latest price; the last payout was ₹10.00 a share, ex-dividend 21 Aug 2026.
Dividends
Per share, by ex-dividend date
Dividend yield2.02%
The past 12 months' dividends as a share of today's price.
21 Aug 2026 · Final₹10.00
22 Aug 2025 · Final₹10.00
23 Aug 2024 · Final₹9.00
18 Aug 2023 · Final₹8.50
19 Sep 2022 · Final₹8.50
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.
Is LIC Housing Finance growing?
Loan growth 4.4%; deposit growth 38.3%; revenue 3 years 8.3% a year.
Growth
Statements through FY2026 (Mar-26)
Loan growth
4.4%
vs peers 14.5% · 8th of 9
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth
38.3%
vs peers 8.7% · 1st of 5
Growth in deposits over the latest fiscal year. Learn more →
Revenue 3 years
8.3% a year
vs peers 20.2% · 8th of 9
Compound annual growth of revenue over three years. Learn more →
EPS 3 years
24.7% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
Revenue 5 years
7.4% a year
Compound annual growth of revenue over five years. Learn more →
EPS 5 years
13.4% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
How did LIC Housing Finance do last quarter?
LIC Housing Finance reported income of ₹7,088 Cr, up 2.6% on a year earlier and a net profit of ₹1,499 Cr, up 3.0% in the Jun 2026 quarter.
Latest quarter
Jun 2026
Income, latest quarter₹7,088 Cr
+2.6% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹1,499 Cr
+3.0% on a year earlier
What was left for shareholders after every cost and tax.
How does LIC Housing Finance compare with its peers?
Compared with 8 Housing Finance Company; 1st of 8 on P/E; 8th of 9 on quality score.
Compared with 8 Housing Finance Company
8 companies
- LIC Housing Finance Ltd (this page)
- Bajaj Housing Finance Ltd
- PNB Housing Finance Ltd
- Aadhar Housing Finance Ltd
- Sammaan Capital Ltd
- Home First Finance Company India Ltd
- Aptus Value Housing Finance India Ltd
- Can Fin Homes Ltd
- AAVAS Financiers Ltd
LIC Housing Finance against its peers
Largest 8 of 8 peers, by market cap
CompanyMarket capP/EP/BROE1YQuality 🔒Rank 🔒
LIC Housing Finance Ltd₹30,344 Cr5.30.714.4%−3.6%
Aadhar Housing Finance Ltd₹19,449 Cr16.92.615.8%−13.7%
Sammaan Capital Ltd₹14,687 Cr—0.9—−22.1%
Home First Finance Company India Ltd₹11,257 Cr19.22.215.7%−11.7%
Aptus Value Housing Finance India Ltd₹10,804 Cr11.02.317.2%−30.7%
Can Fin Homes Ltd₹9,562 Cr8.31.819.7%−10.4%
AAVAS Financiers Ltd₹9,460 Cr13.81.713.9%−26.4%
Peer median—13.82.015.7%−17.9%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.
Who owns LIC Housing Finance?
LIC Housing Finance is held by promoters 45.2%, foreign institutions 21.5%, domestic institutions 21.0%.
Shareholding pattern
Latest filing, percent of shares
Promoters45.2%
The founders and controlling group.
Foreign institutions21.5%
Overseas funds investing through the FPI route.
Domestic institutions21.0%
Indian insurers, banks, pension and mutual funds together.
Mutual funds18.0%
Indian mutual fund schemes; part of domestic institutions.
Retail and others9.3%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.
What do analysts say about LIC Housing Finance?
26 analysts cover LIC Housing Finance, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.
Analyst consensus
26 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.
What does LIC Housing Finance do and what is it sensitive to?
LIC Housing Finance Limited provides loans for the purchase or construction of residential houses, commercial real estate and certain other purposes in India. Sensitive to: interest rates.
Business-model card
FY2025 · 32 verified
2Revenue
4Channels
2Regulators
3Reg. dependencies
3Sensitivities
4Costs
3Geographies
LIC Housing Finance Limited provides loans for the purchase or construction of residential houses, commercial real estate and certain other purposes in India. It earns through its housing loan book, with interest income on loans and a 'Loan Portfolio' of 2,86,844 H crore for FY2025 in the filing.
Revenue by segment
Year ended March 31, 2025 (consolidated, 2024-25 column)
Loans99.6%
Other Segments0.4%
Revenue engine
2 verified
Housing and property loans (single reported operating segment) (100.0%)
Company earns from loans for purchase, construction, repair and renovation of housing. Excerpt 28 states this line is 99.99% of turnover. Excerpt 41 says the CODM identifies only this one operating segment.
Other segments (consolidated): financial services, construction, asset management, trusteeship
Excerpt 56 describes group segments outside the loan book, including marketing of financial products and asset management for LIC Mutual Fund. Interpretation: these are small relative to the loan segment, as excerpt 28 puts loans at 99.99% of turnover.
Customers & channels
4 verified
Customers – retail and institutional
Excerpt 32 lists the stakeholder groups; customers are the first group named, with retail and institutional customers both listed.
No single customer represents 10% or more of revenue
Excerpt 56 states that no single customer exceeds 10% of total revenue in FY2025 or FY2024, so revenue is not concentrated in one borrower.
Marketing offices and customer service points as distribution channel
Excerpt 20 states the distribution network of 307 Marketing Offices and Customer Service Points. Interpretation: loans are originated through owned branch-type offices and intermediaries.
1 more statement
Marketing intermediaries paid through an automated payout structure
Excerpt 8 states the payout structure to marketing intermediaries is automated, so commissions to intermediaries are processed through this system. Excerpt 43 records commission and incentive expense of 108.06 crore in FY2025.
Regulators
2 verified
Reserve Bank of India (RBI)
Excerpt 16 names RBI as the principal regulator of the Company, which governs its lending as a housing finance company.
National Housing Bank (NHB)
Excerpt 16 states NHB holds supervisory oversight. Excerpt 18 states the Company adheres to NHB's Asset-Liability Management guidelines for Housing Finance Companies.
Regulatory dependencies
3 verified
Minimum capital adequacy ratio set by RBI
Excerpt 21 states the capital adequacy ratio was 23.20% on 31 March 2025 against a regulatory minimum of 15%. Interpretation: a higher minimum would reduce capacity to lend from the existing capital base.
Regulatory change in prudential norms
Excerpt 47 states changes in laws or regulations by NHB, SEBI or RBI can increase operating costs and change the competitive landscape. Interpretation: new norms would raise compliance cost or alter competition.
Compliance with RBI directions including KYC, fair practice code and fraud monitoring
Excerpt 21 lists the RBI directions the Company says it follows. Interpretation: changes to these directions would require system or process changes, adding compliance cost.
Sensitivities
3 verified
Interest rates
Excerpt 45 states adverse movement means rising interest rates on liabilities and falling yields on assets. Excerpt 46 states a 10 bps rate change moves profit after tax by 123.34 crore for FY2025.
Floating-rate exposure on borrowings and home loans (46.0%)
Excerpt 46 states floating-rate borrowings are 46% of total borrowings at March 2025. Excerpt 45 lists floating-rate housing loans and developer loans as market-risk items. Interpretation: rate moves hit both sides of the balance sheet unevenly.
Foreign exchange
Excerpt 47 states foreign currency bank borrowings are converted to rupees with foreign currency swaps. Interpretation: exchange-rate moves are largely hedged, so the residual effect depends on swap coverage.
Cost inputs
4 verified
Commission and incentives to marketing intermediaries
Excerpt 43 reports this line at 108.06 crore in FY2025 versus 131.65 crore in FY2024 under Note 31 Fees and Commission Expense.
Employee salaries and wages
Excerpt 43 (Note 33) reports salaries and wages of 556.06 crore in FY2025 against 481.20 crore in FY2024; total employee benefits were 701.90 crore.
Borrowing costs
Excerpt 51 states borrowing costs include interest, commission or brokerage on deposits and exchange differences on foreign currency borrowings. Interpretation: funding cost depends on the mix of debt, deposits and FX borrowing.
1 more statement
Impairment on financial instruments (credit cost)
Excerpt 43 (Note 32) reports loan impairment of 261.10 crore in FY2025 versus 1,622.88 crore in FY2024, a direct charge on profit.
Geographies
3 verified
Pan-India operations
Excerpt 28 states offices are spread across 23 states and 4 Union Territories in India as of 31 March 2025. Excerpt 56 states operations are entirely in India.
Dubai representative office
Excerpt 20 says the Company has a representative office in Dubai. Excerpt 28 lists one international location. Interpretation: this is a representative office, not a lending market.
Tier II, III and IV cities as growth markets
Excerpt 2 states growth will be primarily driven by continued demand in Tier 2&3 cities. Excerpt 2 also names housing demand in Tier II, III and IV cities as necessity-driven.
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.
What changed recently?
Q1 FY2027 results filed (30 Jul 2026).
Change log
6 entries · newest first
- Results filedQ1 FY2027 results filed.
- Results filedQ4 FY2026 results filed.
- Results filedQ3 FY2026 results filed.
- Results filedQ2 FY2026 results filed.
- Results filedQ1 FY2026 results filed.
- Results filedQ4 FY2025 results filed.
Get alerts →Sign in to be told when any of these change.
What this page does not tell you
What could not be judged, and why. Never empty.
- Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
- FlagsCLEAN on 15 of 22 lender flags judged; no red flag; 7 could not be judged.
- Data gapsBusiness quality, Gross NPA, Net NPA, Provision coverage, CET1 ratio, CASA ratio: not available yet.
Not applicable to a bank, lender or insurer · 12
- Altman ZAltman Z reads working capital and sales over assets, which a lender's balance sheet does not have.
- Piotroski F-scorePiotroski's leverage and liquidity checks read deposits and borrowings as weakness.
- Beneish M-scoreThe Beneish model reads receivables, margins and depreciation that a lender's accounts do not report.
- Operating marginInterest is a lender's cost of goods, so operating profit before interest is not defined.
- Interest coverageInterest is a lender's main cost, not a charge on operating profit.
- Debt to equityBorrowings and deposits are a lender's raw material; gearing is judged by capital adequacy instead.
- EV/EBITDAEnterprise value adds borrowings to market cap; for a lender borrowings are the business, not a claim on it.
- FCF yieldOperating cash flow less capex is not free cash flow for a lender: loan growth sits in operating cash flow.
- Cash conversion cycleA lender's receivables are its loan book, not invoices waiting to be paid.
- Asset turnoverA lender earns a spread on its assets, not a turnover of them.
- ROCEEBIT over capital employed reads a lender's interest income against its borrowings; return on assets and return on equity are the lender's measures.
- ROCE, 10-year averageEBIT over capital employed reads a lender's interest income against its borrowings; return on assets is the lender's measure (HDFC Bank's 1.7% ten-year ROCE means nothing).
What this page rests on
✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓285 months of month-end prices, adjusted for bonuses and splits○no valuation of ours yet✓business-model card FY2025 · 32 verified
Questions people ask
What is LIC Housing Finance's share price today?
LIC Housing Finance last traded at ₹568.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 3.0% on the day, down 3.6% over a year. Its 52-week range is ₹459 to ₹598. The live price is in the app.
What is LIC Housing Finance's market cap?
LIC Housing Finance's market capitalisation is about ₹30,344 crore: what it would cost to buy every share at today's price. That makes it the 34th largest small cap company we cover.
Is LIC Housing Finance Ltd a large cap, mid cap or small cap?
LIC Housing Finance Ltd (LICHSGFIN) is a small cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.
What is LIC Housing Finance Ltd's P/E ratio?
5.29, vs peers 13.8 · 1st of 8. Price divided by last year's earnings per share: how many years of today's profit you pay for.
Is LIC Housing Finance Ltd overvalued?
Cheap, with low confidence: no valuation within 120 days; P/E 5.3 vs peers 13.8 (1st of 8); P/B 0.66 vs peers 2.0 (1st of 9). Cheap for a reason: A negative 5-year return.
How does LIC Housing Finance Ltd make money?
LIC Housing Finance Limited provides loans for the purchase or construction of residential houses, commercial real estate and certain other purposes in India. It earns through its housing loan book, with interest income on loans and a 'Loan Portfolio' of 2,86,844 H crore for FY2025 in the filing.
Why is there no Altman Z or debt to equity for LIC Housing Finance?
Borrowing is a bank's or lender's raw material, so those ratios mislead. Net interest margin, gross NPA, return on assets and the capital ratios are shown instead.
Who are LIC Housing Finance Ltd's peers?
Compared with 8 Housing Finance Company: Bajaj Housing Finance Ltd, PNB Housing Finance Ltd, Aadhar Housing Finance Ltd, Sammaan Capital Ltd, Home First Finance Company India Ltd and 3 more. The app shows how they compare on every figure.
Is this investment advice?
No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.
How did LIC Housing Finance do last quarter?
LIC Housing Finance reported income of ₹7,088 Cr, up 2.6% on a year earlier and a net profit of ₹1,499 Cr, up 3.0% in the Jun 2026 quarter.
Who owns LIC Housing Finance?
LIC Housing Finance is held by promoters 45.2%, foreign institutions 21.5%, domestic institutions 21.0%.
Does LIC Housing Finance pay a dividend?
Yes. LIC Housing Finance's dividend yield is 2.02% at the latest price; the last payout was ₹10.00 a share, ex-dividend 21 Aug 2026.
What do analysts say about LIC Housing Finance?
26 analysts cover LIC Housing Finance, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.