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India
Reported ownership for FY2027-Q2 as of 2026-09-30.
As of 06 Nov 2026, 03:30 pm
For the quarter ended September 30, 2026, LIC Housing Finance reported a standalone Profit After Tax (PAT) of ₹1,508.78 crore and consolidated PAT of ₹1,506.59 crore. The company also disclosed a net worth of ₹43,768.13 crore as of that date.
The lender recovered ₹553 crore from its retail portfolio in Q2. It aims to reduce its gross non-performing asset (GNPA) ratio to 1.9% by FY27. Reported GNPA ratios were 2.05% for the quarter and 2.51% for the half year ended September 30, 2026.
As of November 6, 2026, the stock closed at ₹536.0 on the NSE. Technical indicators show a bearish daily Supertrend direction with an annualized volatility of +28.0%. The stock is currently trading near support levels around ₹529.17 and resistance near ₹540.92.
As of 06 Nov 2026, 03:30 pm
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Latest complete financial results for Q2 FY27 and comparative quarterly trends.
| Metric | Q2 FY26 | Q1 FY27 | Q2 FY27(Latest) |
|---|---|---|---|
| Revenue From Operations | ₹7,179 crore | ₹7,083 crore | PEAK₹7,194 crore |
| Interest Earned | ₹7,042 crore | ₹7,034 crore | PEAK₹7,122 crore |
| Expenses | PEAK₹5,477 crore | ₹5,187 crore | ₹5,275 crore |
| Finance Costs | ₹4,994 crore | ₹4,946 crore | PEAK₹5,023 crore |
| Impairment On Financial Instruments | PEAK₹168 crore | -₹164 crore | -₹92.6 crore |
| Profit Before Exceptional Items And Tax | ₹1,703 crore | ₹1,899 crore | PEAK₹1,919 crore |
| Tax Expense | ₹354 crore | ₹402 crore | PEAK₹413 crore |
| Profit Loss For Period | ₹1,349 crore | ₹1,499 crore | PEAK₹1,507 crore |
| Basic Earnings Loss Per Share From Continuing Operations | ₹24.53 per share | ₹27.25 per share | PEAK₹27.39 per share |
Consolidated profit for the quarter ended 30 September 2026 rose 11.7% year on year to ₹1,507 crore, while revenue from operations was broadly flat at ₹7,194 crore. Profit before tax increased 12.7% year on year and 1.1% sequentially; sequentially, a smaller impairment credit and higher finance costs accompanied the modest profit increase.
Tax expense was ₹413 crore in Q2, compared with ₹402 crore in Q1 FY2026-27. Profit for the period was ₹1,507 crore, up from ₹1,499 crore in Q1 and ₹1,349 crore in Q2 FY2025-26. Basic earnings per share from continuing operations was ₹27.39, versus ₹27.25 and ₹24.53 in those respective quarters.
Comprehensive income was ₹1,508 crore in Q2. Other comprehensive income was ₹1.7 crore, following a loss of ₹6.5 crore in Q1.
Profit grew substantially faster than revenue year on year, while sequential profit edged higher as finance costs rose and the impairment credit narrowed. Loan balances and assets expanded, alongside higher borrowings and lower deposits and cash; these balance-sheet movements are important context for assessing the quarter’s earnings growth.
Exchange disclosures and regulatory announcements for LIC Housing Finance.
LIC Housing Finance Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
LIC Housing Finance Limited has informed the Exchange about Presentation and Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
LIC Housing Finance Limited’s Board approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, at its October 30, 2026 meeting. Standalone profit after tax was ₹1,508.78 crore for the quarter and ₹2,997.10 crore for the half year; consolidated profit after tax was ₹1,506.59 crore and ₹3,005.62 crore, respectively. Joint statutory auditors issued limited review reports, which stated that nothing came to their attention indicating material misstatement. The filing also disclosed that ₹19,610 crore of loans were identified for reclassification from housing finance to non-housing finance; the company said this would have no material impact on aggregate loan assets, while the impact on capital adequacy ratio would be recomputed as part of the annual financial statements. Routine accompanying disclosures included security-cover and issue-proceeds statements.
Integrated Filing- Financials|Original|
Integrated Filing- Financials|Original|
LIC Housing Finance Limited (LICHSGFIN) approved its unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026, at a Board of Directors meeting held on October 30, 2026. The company reported Standalone Profit After Tax (PAT) of Rs 1,508.78 crore for the quarter and Rs 2,997.10 crore for the half year, with Basic EPS of Rs 27.43 and Rs 54.49 respectively. Consolidated PAT was Rs 1,506.59 crore for the quarter and Rs 3,005.62 crore for the half year. Net worth stood at Rs 43,768.13 crore as of September 30, 2026. The filing includes disclosures regarding the reclassification of Rs 19,610 crore in loans from housing to non-housing finance, GNPA ratios of 2.05% (quarter) and 2.51% (half year), and a security cover for NCDs of 1.24 times.
LIC Housing Finance Limited submitted its Security Cover Certificate for the quarter ended September 30, 2026, to the National Stock Exchange of India on October 30, 2026. The filing includes a statement of security cover certified by joint statutory auditors Shah Gupta & Co. and Batliboi & Purohit, confirming that the company maintained security cover of 100% or more than required for listed non-convertible debt securities (NCDs) as at September 30, 2026. The certificate is based on unaudited standalone financial results.
LIC Housing Finance Limited filed an investor presentation for the Second Quarter ended September 30, 2026, with the NSE and BSE on October 30, 2026. The filing discloses that Profit After Tax (PAT) increased by 11% to Rs. 1508.78 crore compared to Rs. 1353.87 crore in Q2 FY26, while Total Revenue from operations rose slightly to Rs. 7175 crore. The outstanding loan portfolio grew by 5% to Rs. 326,173 crore, driven by a 4% increase in retail loans and a 12% increase in project loans. Loan disbursements increased by 11% to Rs. 18,127 crore. Credit quality metrics improved, with Stage 3 Expected At Default (EAD) decreasing to 2.05% from 2.51% year-over-year, and total ECL provisions falling to Rs. 4292 crore from Rs. 5074 crore.
Recent market and company developments associated with LIC Housing Finance.
Quant Small Cap Fund added Jio Platforms, Primo Chemicals, and three other stocks to its portfolio in October while increasing exposure to Adani Power and LIC Housing Finance. The fund exited five holdings including Delhivery and Jubilant Pharmova, reduced positions in Bandhan Bank and others, and maintained holdings in nearly 90 stocks. Managed by a team of seven investment professionals, the fund reported an AUM of Rs 30,809.27 crore in October, down from Rs 35,572 crore in September.
LIC Housing Finance recovered ₹553 crore from its retail portfolio and ₹84 crore from written-off accounts in the September quarter as part of efforts to reduce its gross non-performing asset ratio to 1.9% by FY27. The lender also clarified that legal action against Chandra as a personal guarantor does not discharge the liabilities of the principal borrower companies.
ICICI Securities has recommended a 'Hold' rating for LIC Housing Finance, setting a price target of Rs 520. This recommendation was published by Moneycontrol on November 3, 2026.
Prabhudas Lilladher has recommended buying LIC Housing Finance with a price target of Rs 520. The brokerage also advised holding the stock at this valuation.
The NCLT Hyderabad has included a 9,559 square yard Madhapur property in the liquidation estate of Butta Infrastructure Private Limited, ruling that LIC Housing Finance failed to realize its security interest within the prescribed timelines for a ₹310 crore loan. The tribunal rejected the lender's arguments regarding litigation delays and valuation issues, finding no documentary evidence that recovery efforts had been completed outside the liquidation process. This order impacts the asset distribution in the developer's insolvency proceedings, which transitioned from CIRP to liquidation in ear
The Enforcement Directorate has registered a money laundering case against media entrepreneur Subhash Chandra regarding an alleged ₹1,322 crore loss to LIC Housing Finance Ltd (LICHFL) stemming from defaulted loans. The investigation follows a CBI FIR alleging that inflated net worth certificates facilitated the securing of two facilities totaling ₹980 crore, which subsequently defaulted despite continuing guarantees executed by Chandra. These allegations remain subject to ongoing investigation and legal proceedings, including related insolvency disputes before the NCLAT.
The CBI registered an ECIR against Subhash Chandra personally regarding alleged fraud in securing loans, which Zee Entertainment Enterprises Ltd stated does not impact its corporate operations. The investigation was triggered by an FIR from LIC Housing Finance Ltd concerning inflated net worth representations and fund misallocations totaling ₹980 crore.
Several major Indian companies reported their quarterly earnings results, with Reliance Industries, Jio Platforms, NTPC Green Energy, CDSL, NTPC, Bank of Baroda, GAIL, Bharat Electronics, and Mahindra & Mahindra showing profit growth, while Sun Pharma reported a decline due to exceptional charges.
Comprehensive Section Breakdown for LIC Housing Finance
Strategic Vision: Provides long-term finance for residential property purchase and construction.
Category: Financial Services
Provides long-term finance for the purchase or construction of residential houses or flats, and funding to builders for developing residential spaces.
Category: Financial Services
Offers support for business or personal needs through property-backed loans.
• Promoted by Life Insurance Corporation of India
• Extensive operational network across India
• International presence with a representative office in Dubai
Revenue from operations was ₹7,194 crore, up 1.6% from Q1 FY2026-27 and 0.2% from Q2 FY2025-26. Interest earned rose 1.3% sequentially to ₹7,122 crore and 1.1% year on year. Fee and commission income was ₹22.5 crore in Q2.
Loans stood at ₹3,21,860 crore on 30 September 2026, compared with ₹3,16,066 crore on 31 March 2026 and ₹3,06,680 crore on 30 September 2025. The loan balance expanded against both dates, while quarterly revenue remained nearly unchanged year on year.
Finance costs were ₹5,023 crore in Q2, up from ₹4,946 crore in Q1 FY2026-27 and ₹4,994 crore in Q2 FY2025-26. Borrowings stood at ₹1,30,750 crore on 30 September 2026, versus ₹1,28,221 crore on 31 March 2026.
Impairment on financial instruments was a credit of ₹92.6 crore in Q2, compared with a larger credit of ₹164.2 crore in Q1. Profit before tax nevertheless increased to ₹1,919 crore from ₹1,899 crore sequentially. In Q4 FY2025-26, impairment was a charge of ₹74.1 crore.
Total assets were ₹3,30,176 crore on 30 September 2026, up from ₹3,25,213 crore on 31 March 2026. Equity increased to ₹43,884 crore from ₹41,433 crore over the same period.
Deposits declined to ₹10,127 crore from ₹11,323 crore on 31 March 2026 and ₹11,202 crore on 30 September 2025. Cash and cash equivalents fell to ₹240 crore from ₹710 crore on 31 March 2026, while investments declined to ₹4,921 crore from ₹5,132 crore. Borrowings increased over the same March-to-September period.
Core Thesis: The company's extensive network and subsidiary support its outreach efforts across India.
• Extensive Network: Operates through 9 regional offices, 24 back offices, and 282 marketing offices across India, plus one representative office in Dubai. • Subsidiary Support: LIC HFL Financial Services Ltd. supports outreach efforts through its network of territory offices. • Customer Focus: Catters to diverse customers including first-time homebuyers, salaried individuals, self-employed professionals, and pensioners, with special concessions for women borrowers.