# LICHSGFIN (LICHSGFIN) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/lichsgfin

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹549.8
- Change: +0.71%
- As of: 2026-09-18
- 1D return: +0.41%
- 5D return: -0.75%
- 1M return: +7.89%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, LIC Housing Finance's stock is trading at ₹548.15. The daily and weekly timeframes show a bullish technical stance, with prices above key moving averages and the Supertrend indicator. However, the monthly timeframe presents a conflicting bearish signal, with prices below its Supertrend and moving averages. This divergence suggests a potential short-term uptrend facing headwinds from longer-term weakness.

On the daily chart, the price is above the 20-day Exponential Moving Average (EMA) of ₹541.33 and the 50-day Simple Moving Average (SMA) of ₹531.50, indicating upward momentum. The Average Directional Index (ADX) at 28.84 suggests a trending market. Recent formations include an active Doji and Inside Bar on the daily chart, indicating potential indecision. The nearest support is observed at ₹547.17, a pivot level, followed by ₹539.78. Resistance is noted at ₹553.28, approximately 0.94% above the current price.

The weekly timeframe also shows a bullish Supertrend at ₹479.08 and prices above its 20-week EMA of ₹538.02. In contrast, the monthly view shows prices below the monthly Supertrend of ₹687.83 and the 20-day EMA of ₹553.30, suggesting a longer-term downtrend or consolidation. The stock's annualized volatility stands at 27%, with a current drawdown of -14%.

- Daily and weekly timeframes are bullish; monthly timeframe is bearish.
- Nearest support level is ₹547.17.
- Nearest resistance level is ₹553.28.
- Watch for a break above ₹553.28 to strengthen the daily bullish view.
- Monitor for a sustained move below ₹547.17, which could signal further weakness.

- Doji
- Inside Bar
- Bearish Engulfing Reversal
- Bullish Engulfing Reversal

### News Context

In the week ending September 16, 2026, market commentary focused on potential shifts in insolvency regulations and broader market sentiment. The Insolvency and Bankruptcy Board of India (IBBI) proposed changes to personal guarantor insolvency rules, which could affect companies. Separately, analysts observed that Indian stock indices, including the Nifty, had entered oversold territory after a fifth consecutive week of declines, suggesting a potential for a short-term rebound. This sentiment was echoed in reports noting that while indices experienced deeper dips, they bounced back significantly due to easing oil prices and bond yields, though caution was advised pending observation of key support and resistance levels.

- On September 15, 2026, the IBBI proposed four insolvency changes related to personal guarantors, which could impact companies.
- Analysts noted on September 14, 2026, that the Nifty had entered oversold territory, indicating a potential for a short-term rebound.
- Reports on September 12, 2026, indicated that Indian stock indices bounced back from deeper dips due to easing oil prices and bond yields, with analysts advising caution and monitoring of support and resistance levels.

- Subhash Chandra case effect? IBBI proposes 4 insolvency changes that could impact companies
- Oversold Nifty could see a short-term rebound: Analysts
- F&O Talk: Nifty has slipped below its crucial support, says Sudeep Shah; picks 5 stocks for next week

### What Changed

On September 18, 2026, LIC Housing Finance traded at ₹548.15, a slight increase from its previous price of ₹545.9. Recent filings from September 17, 2026, confirmed the redemption and payment of interest and principal. However, these announcements did not disclose any substantive corporate events, financial amounts, business area changes, or decisions. The company's profile on the NSE remains unchanged in this regard.

- On 2026-09-18, LIC Housing Finance's price was ₹548.15.
- On 2026-09-17, filings confirmed redemption and payment of interest and principal.
- The filings on 2026-09-17 did not contain substantive corporate or financial details.

- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal

### Official Filings

On September 11, 2026, LIC Housing Finance Limited received notifications from IDBI Trusteeship Services Limited regarding the Security Cover Certificate for ISIN INE115A07QN4 for the first quarter of the financial year 2026-2027. These notifications, filed on the NSE, confirm compliance with requirements related to the security cover for this financial instrument. Separately, on September 17, 2026, filings were made containing digital signatures, but these did not disclose any substantive corporate events, financial figures, business changes, or specific decisions.

- On September 11, 2026, LIC Housing Finance Limited was informed by IDBI Trusteeship Services Limited about the Security Cover Certificate for ISIN INE115A07QN4 for Q1 FY2026-2027.
- These filings confirm adherence to security cover requirements for the specified financial instrument.
- Filings on September 17, 2026, contained digital signatures but no material corporate or financial disclosures.

- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
- IDBI Trusteeship Services Limited has informed the exchange for LIC Housing Finance Limited regarding Security Cover Certificate of ISIN INE115A07QN4 for Q1 for the FY 2026-2027 |SUBJECT: Security Cover Certificate

### Fundamentals

LIC Housing Finance reported its financial results for the period ending Q1 FY2026-27. Revenue from operations stood at ₹7,082.59 crore, showing a slight decrease from ₹7,211.92 crore in Q4 FY2025-26. Profit Before Tax (PBT) for Q1 FY2026-27 was ₹1,899.04 crore, a marginal decline from ₹1,931.31 crore in the previous quarter. The company's Interest Earned was ₹7,033.56 crore in Q1 FY2026-27, while Finance Costs were ₹4,946.35 crore. Notably, the company recorded a negative Impairment On Financial Instruments of -₹164.23 crore in Q1 FY2026-27, compared to a positive ₹153.57 crore in Q3 FY2025-26 and ₹74.12 crore in Q4 FY2025-26. This reversal suggests a potential improvement in asset quality or a write-back of previously recognized impairments.

- Revenue from operations for Q1 FY2026-27 was ₹7,082.59 crore.
- Profit Before Tax for Q1 FY2026-27 was ₹1,899.04 crore.
- Interest Earned in Q1 FY2026-27 was ₹7,033.56 crore.
- Finance Costs in Q1 FY2026-27 amounted to ₹4,946.35 crore.
- Impairment On Financial Instruments changed from a positive ₹74.12 crore in Q4 FY2025-26 to a negative -₹164.23 crore in Q1 FY2026-27.

### Bull Case

LIC Housing Finance's technical indicators show a constructive setup on a daily and weekly basis as of September 18, 2026. The daily trend exhibits a bullish Supertrend signal at 522.74, with the closing price of ₹548.15 trading above both the 20-day Exponential Moving Average (EMA) of ₹541.33 and the 50-day Simple Moving Average (SMA) of ₹531.50. The upward momentum is further suggested by a positive 5-day slope for the 20-day SMA at 11.99. On a weekly timeframe, the Supertrend is also bullish at 479.08, with the price trading above the 20-day EMA (₹538.02) and 50-day EMA (₹543.70). The nearest support level is identified at ₹547.17, a mere 0.18% below the current price.

- As of September 18, 2026, the daily Supertrend indicator for LIC Housing Finance is bullish, with the closing price of ₹548.15 above the Supertrend value of ₹522.74.
- On the daily chart, the closing price of ₹548.15 is above the 20-day EMA (₹541.33) and the 50-day SMA (₹531.50).
- The weekly trend analysis as of September 18, 2026, also shows a bullish Supertrend signal at ₹479.08.
- The nearest identified support level is ₹547.17, which is 0.18% below the current trading price.

- Subhash Chandra case effect? IBBI proposes 4 insolvency changes that could impact companies
- Oversold Nifty could see a short-term rebound: Analysts
- F&O Talk: Nifty has slipped below its crucial support, says Sudeep Shah; picks 5 stocks for next week

### Bear Case

The company's monthly trend indicators suggest a bearish outlook, with the Supertrend indicator at ₹687.83 and the 20-day Exponential Moving Average (EMA) at ₹553.30, both above the current closing price of ₹548.15. This indicates potential downward pressure. Furthermore, the stock has experienced a drawdown of -14% from its recent peak, with a maximum drawdown of -28% observed historically. The annualized volatility stands at 27%, suggesting significant price fluctuations.

- Monthly trend Supertrend indicator is ₹687.83, suggesting a bearish signal.
- The 20-day EMA on a monthly basis is ₹553.30, above the current close of ₹548.15.
- The current drawdown is -14%, with a historical maximum drawdown of -28%.
- Annualized volatility is 27%, indicating a higher degree of price fluctuation.

- Subhash Chandra case effect? IBBI proposes 4 insolvency changes that could impact companies
- Oversold Nifty could see a short-term rebound: Analysts
- F&O Talk: Nifty has slipped below its crucial support, says Sudeep Shah; picks 5 stocks for next week

### FAQs

**What is the recent technical trend for LIC Housing Finance on the daily chart?**

As of September 18, 2026, the daily technical trend for LIC Housing Finance indicates a bullish SuperTrend at 522.74. The closing price was 548.15, which is above the 20-day Exponential Moving Average (EMA) of 541.33 and the 50-day EMA of 535.75. The 20-day Simple Moving Average (SMA) slope over 5 periods is 11.99, suggesting upward momentum.

**What are the key support and resistance levels for LIC Housing Finance?**

As of September 18, 2026, the nearest identified support level for LIC Housing Finance is 547.17, which is approximately 0.18% below the current price. Key resistance levels are identified at 553.28 (0.94% above), 560.67 (2.28% above), and 566.78 (3.4% above).

**How has LIC Housing Finance performed over different periods?**

As of September 18, 2026, LIC Housing Finance has shown varied returns across different timeframes. Its year-to-date (YTD) return is 2%. Over the last 3 months, the return is 0%, while over the last 6 months, it is 9%. The return over the last year is -8%, and since the start of trading, the return is -9%.

**What recent regulatory news could potentially impact companies like LIC Housing Finance?**

The Insolvency and Bankruptcy Board of India (IBBI) has proposed changes to insolvency rules. These changes could affect companies, particularly concerning personal guarantor insolvency, repayment plans, related party voting, asset valuation, and avoidance transactions. LIC Housing Finance was mentioned in the context of this news.

- Subhash Chandra case effect? IBBI proposes 4 insolvency changes that could impact companies
- Oversold Nifty could see a short-term rebound: Analysts
- F&O Talk: Nifty has slipped below its crucial support, says Sudeep Shah; picks 5 stocks for next week
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
- IDBI Trusteeship Services Limited has informed the exchange for LIC Housing Finance Limited regarding Security Cover Certificate of ISIN INE115A07QN4 for Q1 for the FY 2026-2027 |SUBJECT: Security Cover Certificate
## Technical analytics

- As of: 2026-09-18
- Daily trend: Moderate Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹547.17
- Risk regime: Price Risk Currently Contained

### Support levels
- 527.8998046875
- 523.55
- 511.64472656249995

### Resistance levels
- 575.9256103515625
- 597.379296875
- 628.075

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.41% |
| return_10 | -1.06% |
| return_1m | +9.89% |
| return_1y | -7.59% |
| return_20 | +7.89% |
| return_3m | -0.36% |
| return_5 | -0.75% |
| return_6m | +8.94% |
| return_since_start | -8.69% |
| return_ytd | +2.30% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -27.82% |
| annualized_volatility | +27.19% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Impairment Reversal Partially Offsets Lower Net Interest Income

LIC Housing Finance Limited reported a marginal increase in net profit for Q1 FY2026-27 (quarter ended 30 June 2026). A large reversal of impairment provisions boosted pre-tax earnings, but this was largely offset by a decline in net interest income as finance costs rose. Revenue from operations also fell slightly, while a lower tax charge provided additional support to the bottom line.

## Impairment on Financial Instruments Swings to Net Reversal

Impairment on financial instruments turned from an expense of ₹74.12 crore in the March 2026 quarter to a net reversal of ₹164.23 crore in the June 2026 quarter, representing a positive swing of ₹238.35 crore. This reversal marks a sharp departure from the preceding four quarters, during which impairment expenses had been declining steadily from ₹192.87 crore in Q1 FY2025-26 to ₹74.12 crore in Q4. The reversal directly reduced total expenses and provided a substantial boost to pre-tax profit.

## Net Interest Income Declines as Finance Costs Rise

Interest earned edged up 0.22% sequentially to ₹7,033.56 crore, while finance costs increased 3.34% to ₹4,946.35 crore. The resulting net interest income (interest earned minus finance costs) fell 6.5% to ₹2,087.21 crore from ₹2,231.82 crore in the prior quarter. The increase in finance costs outpaced the modest growth in interest earned, compressing the net interest margin and weighing on operating profitability.

## Revenue from Operations Dips Sequentially

Revenue from operations fell 1.79% to ₹7,082.59 crore from ₹7,211.92 crore in the preceding quarter. This decline occurred despite the slight increase in interest earned, indicating that non-interest income components were lower. The company reported ₹16.77 crore in fees and commission income for the quarter.

## Profit and Tax Reconciliation

Profit before tax decreased 1.67% to ₹1,899.04 crore. The substantial impairment reversal was more than offset by the decline in net interest income, while other operating expenses (excluding impairment) were lower than in the previous quarter, providing some cushion. Other expenses specifically fell to ₹99.22 crore from ₹139.29 crore in the prior quarter. Tax expense fell 8.78% to ₹402.15 crore, reflecting a lower effective tax rate of 21.18% compared to 22.83% in the prior quarter. Consequently, net profit edged up 0.43% to ₹1,499.03 crore. Basic and diluted earnings per share both rose to ₹27.25 from ₹27.13, consistent with the marginal profit increase and indicating no dilutive instruments.

## Key Takeaway

The quarter’s results were shaped by two opposing forces: a significant impairment reversal boosted pre-tax profit, while a decline in net interest income, driven by rising finance costs, weighed on earnings. The net profit increased only marginally, aided by a lower effective tax rate. The impairment reversal marks a notable shift from the preceding trend of positive but declining impairment expenses.

### Ratios

## Official filings

- 2026-09-17 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_17092026165445_INE115A14FX2_17092026.pdf)
- 2026-09-17 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_17092026170340_TR456.pdf)
- 2026-09-11 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDBITSL_11092026151841_LIC_Housing_Finance_Limited.pdf)
- 2026-09-11 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDBITSL_11092026151841_LIC_Housing_Finance_Limited.pdf)
- 2026-09-11 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDBITSL_11092026151841_LIC_Housing_Finance_Limited.pdf)
- 2026-09-11 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDBITSL_11092026151841_LIC_Housing_Finance_Limited.pdf)
- 2026-09-11 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDBITSL_11092026151841_LIC_Housing_Finance_Limited.pdf)
- 2026-09-11 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDBITSL_11092026151841_LIC_Housing_Finance_Limited.pdf)
- 2026-09-11 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDBITSL_11092026151841_LIC_Housing_Finance_Limited.pdf)
- 2026-09-11 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDBITSL_11092026151841_LIC_Housing_Finance_Limited.pdf)
- 2026-09-11 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDBITSL_11092026151841_LIC_Housing_Finance_Limited.pdf)
- 2026-09-11 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDBITSL_11092026151841_LIC_Housing_Finance_Limited.pdf)
- 2026-09-11 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDBITSL_11092026151841_LIC_Housing_Finance_Limited.pdf)
- 2026-09-10 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SBICTSL_10092026124513_LIC_Housing_Finance_Ltd.pdf)
- 2026-09-10 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SBICTSL_10092026124513_LIC_Housing_Finance_Ltd.pdf)
- 2026-09-10 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SBICTSL_10092026124513_LIC_Housing_Finance_Ltd.pdf)
- 2026-09-09 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_09092026174523_Xerox_Scan_09092026163252.pdf)
- 2026-09-03 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_03092026173327_TR412.pdf)
- 2026-09-03 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LICHSGFIN_03092026180917_Transcript_of_37th_AGM_28August2026.pdf)
- 2026-08-31 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LICHSGFIN_31082026225610_Change_in_SMP_I_Sreedhar.pdf)
- 2026-08-31 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_946_WebXMLFile_20260831_231246300.xml)
- 2026-08-28 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LICHSGFIN_28082026201949_Voting_Result_37AGM.pdf)
- 2026-08-28 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_946_WebXMLFile_20260828_212113337.xml)
- 2026-08-28 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_946_WebXMLFile_20260828_212223205.xml)
- 2026-08-25 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATSL_25082026175105_LIC_Housing_Finance_Limited_SCC.pdf)

## News and market events

- 2026-09-15 — BUSINESSTODAY: **Subhash Chandra case effect? IBBI proposes 4 insolvency changes that could impact companies** — IBBI, personal guarantor insolvency, Subhash Chandra, NCLT, repayment plan, related party voting, asset valuation, avoidance transactions, LIC Housing Finance, CBI case — [Source](https://www.businesstoday.in/latest/corporate/story/subhash-chandra-case-effect-ibbi-proposes-4-insolvency-changes-that-could-impact-companies-555505-2026-09-15)
- 2026-09-14 — Economic Times: **Oversold Nifty could see a short-term rebound: Analysts** — Indian stock indices, Sensex and Nifty, have extended their losing streak for a fifth week. Analysts suggest the indices have entered oversold territory, indicating a potential short-term rebound. Traders are advised to consider specific strategies like a Bull Put Spread for the September 29, 2026 expiry. Several top stocks, including Kotak Mahindra Bank and BHEL, are recommended for buying with defined targets. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/market-outlook-analysts-pick-key-levels-and-stocks-to-watch/articleshow/134230304.cms)
- 2026-09-12 — Economic Times: **F&O Talk: Nifty has slipped below its crucial support, says Sudeep Shah; picks 5 stocks for next week** — After a turbulent trading day, Indian stock indices bounced back significantly as oil prices and bond yields eased. The Sensex and Nifty ended with modest declines, having experienced deeper dips earlier. Previous climbs in crude oil prices and geopolitical issues had weighed down on investor confidence. Analysts suggest maintaining caution and closely watching Niftys support and resistance levels, highlighting particular metal stocks and equities to watch for the week ahead. — [Source](https://economictimes.indiatimes.com/markets/expert-view/fo-talk-nifty-has-slipped-below-its-crucial-support-says-sudeep-shah-picks-5-stocks-for-next-week/articleshow/134119208.cms)
- 2026-09-09 — Mint: **Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today —9 September 2026** — Breakout stocks to buy or sell: Sumeet Bagadia recommends five breakout stocks to buy today — Hindustan Copper, Arvind, CCL Products (India), HBL Engineering, and LIC Housing Finance. — [Source](https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-or-sell-sumeet-bagadia-recommends-five-shares-to-buy-today-9-september-2026-11788915118182.html)
- 2026-09-07 — BUSINESSTODAY: **LIC Housing, Edelweiss Financial, Supreme Petro among top stocks to buy for short-term gains** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Supreme Petrochem, Edelweiss Financial Services, LIC Housing Finance, Supreme Petrochem shares, Edelweiss Financial shares, LIC Housing shares, Supreme Petrochem share price, Edelweiss Financial share price, LIC Housing share price, Supreme Petrochem stock price, Edelweiss Financial stock price, LIC Housing stock price, Supreme Petrochem target price, Edelweiss Financial target price, LIC Housing target price — [Source](https://www.businesstoday.in/markets/ipo-corner/story/lic-housing-edelweiss-financial-supreme-petro-among-top-stocks-to-buy-for-short-term-gains-553534-2026-09-07)
- 2026-09-06 — MONEYCONTROL: **Trade Setup for September 7: Top 15 things to know before the opening bell** — Nifty Trade Setup for September 7,Bank Nifty Trade Setup for September 7,NSE Nifty,India VIX,Bank Nifty — [Source](https://www.moneycontrol.com/news/business/markets/trade-setup-for-september-7-top-15-things-to-know-before-the-opening-bell-14023714.html)
- 2026-09-06 — SCROLL.IN: **CBI books Subhash Chandra for allegedly defrauding LIC Housing Finance of Rs 1,322 crore** — The complaint alleged that the media baron had submitted fake certificates with inflated net worth to avail loans. — [Source](https://scroll.in/latest/1095536/cbi-books-subhash-chandra-for-allegedly-defrauding-lic-housing-finance-of-rs-1322-crore)
- 2026-09-05 — Times of India: **CBI FIR against Subhash Chandra in alleged Rs 1,322cr LIC Housing Finance fraud** — India News: NEW DELHI: CBI has filed an FIR against Essel Group Chairman Subhash Chandra and some other individuals for allegedly defrauding LICHFL (LIC Housing F. — [Source](https://timesofindia.indiatimes.com/india/cbi-fir-against-chandra-in-alleged-1322cr-lic-housing-finance-fraud/articleshow/133815745.cms)
- 2026-09-05 — Economic Times: **CBI books Essel Group chairman Subhash Chandra, others over alleged ₹1,322 crore LICHFL loan loss** — Subhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing them of inflating their net worth to secure loans fraudulently. This situation has led LIC Housing Finance to announce a staggering loss exceeding ₹1,322 crore. The Directorate of Enforcement will also step in with a money laundering investigation, and those accused can expect to be questioned soon about these dubious financial activities. — [Source](https://economictimes.indiatimes.com/news/company/corporate-trends/cbi-books-essel-group-chairman-subhash-chandra-others-over-alleged-1322-crore-lichfl-loan-loss/articleshow/133811131.cms)
- 2026-09-05 — The Hindu: **CBI books Essel Group chairman Subhash Chandra in LIC Housing Finance ₹1,322-cr fraud case** — CBI charges Essel Group chairman Subhash Chandra in ₹1,322 crore fraud case involving LIC Housing Finance loans misappropriation. — [Source](https://www.thehindubusinessline.com/news/national/cbi-books-essel-group-chairman-subhash-chandra-in-lic-housing-finance-1322-cr-fraud-case/article71431977.ece)
- 2026-09-05 — FREEPRESSJOURNAL.IN: **CBI Registers Case Against Subhash Chandra Over Alleged ₹1,322 Crore LIC Housing Finance Loan Fraud** — The CBI has registered a case against Essel Group chairman Subhash Chandra and others over alleged fraud involving more than ₹1,322 crore in loans from LIC Housing Finance. The complaint alleges false net-worth documents were used to secure loans, which later turned into defaults. Chandra and other entities have been named in the FIR — [Source](https://www.freepressjournal.in/business/cbi-registers-case-against-subhash-chandra-over-alleged-1322-crore-lic-housing-finance-loan-fraud)
- 2026-09-05 — The Hindu: **CBI books Subhash Chandra over alleged ₹1,322-crore loss to LIC Housing Finance** — CBI files FIR against Subhash Chandra and others for alleged ₹1,322 crore fraud against LIC Housing Finance. — [Source](https://www.thehindu.com/business/cbi-books-subhash-chandra-over-alleged-1322-crore-loss-to-lic-housing-finance/article71431566.ece)
- 2026-09-05 — BUSINESSTODAY: **Subhash Chandra booked by CBI in alleged ₹1,322 crore LIC Housing Finance fraud case: Report** — Subhash Chandra debt, Subhash Chandra NCLT case, Subhash Chandra repayment plan Rs 22006 crore debt, Rs 6.25 crore payout, HDFC Bank Subhash Chandra, LIC Housing Finance Subhash Chandra — [Source](https://www.businesstoday.in/latest/corporate/story/subhash-chandra-booked-by-cbi-in-alleged-rs1322-crore-lic-housing-finance-fraud-case-report-553439-2026-09-05)
- 2026-09-05 — Times of India: **CBI files case against Subhash Chandra, others over Rs 1,322 crore LIC Housing fraud** — India News: NEW DELHI: The Central Bureau Of Investigation on Saturday filed a case against Zee Group founder Subhash Chandra and others for and others for allege. — [Source](https://timesofindia.indiatimes.com/india/cbi-files-case-against-subhash-chandra-others-over-rs-1322-crore-lic-housing-fraud/articleshow/133794773.cms)
- 2026-09-05 — CNBC-TV18: **CBI files case against Subhash Chandra for allegedly defrauding LIC Housing of ₹1,322 crore** — CBI filed a fraud case against Essel Group chairman Subhash Chandra and others for alleged Rs 1,322 crore fraud involving LIC Housing Finance Ltd. — [Source](https://www.cnbctv18.com/business/cbi-files-case-against-subhash-chandra-for-allegedly-defrauding-lic-housing-of-1322-crore-rupees-19984801.htm)
- 2026-08-31 — Mint: **Subhash Chandra's ₹6.25-crore repayment plan hits hurdle; NCLT forms 5-member bench to decide insolvency case | Company Business News** — Subhash Chandra’s ₹6.25-crore repayment plan has hit a hurdle after an NCLT bench found no majority opinion. The tribunal has formed a 5-member bench to decide his personal insolvency case against admitted creditor claims of ₹22,006.57 crore. — [Source](https://www.livemint.com/companies/people/subhash-chandras-rs-6-25-crore-repayment-plan-hits-hurdle-nclt-forms-5-member-bench-to-decide-insolvency-case-11788193406722.html)
- 2026-08-31 — REDIFF.COM: **Subhash Chandra drops Ambani allegations, focuses on settling Essel Group debt** — Zee founder Subhash Chandra has shifted his public statements from allegations against Mukesh Ambani to focusing on settling outstanding Essel Group debt, with borrowers reportedly agreeing to repay obligations. — [Source](https://www.rediff.com/business/report/subhash-chandra-prioritises-essel-debt-settlement-drops-ambani-allegations/20260831.htm)
- 2026-08-31 — Economic Times: **Subhash Chandra drops mention of Mukesh Ambani allegations, shifts focus to settling Essel debt** — Subhash Chandra Rs 22,006 crore case: Zee founder Subhash Chandra has shifted focus from Ambani allegations. He is now addressing outstanding dues and defending his personal insolvency plan. Borrowers linked to his Essel Group have agreed to settle their obligations. Chandra stated he acted as a guarantor for these borrowing entities. Lenders are challenging the low recovery from his personal estate. — [Source](https://economictimes.indiatimes.com/industry/banking/finance/banking/subhash-chandra-drops-mention-of-reliance-mukesh-ambani-allegations-shifts-focus-to-settling-essel-debt-hdfc-bank-lic-housing-finance/articleshow/133653394.cms)
- 2026-08-31 — CNBC-TV18: **Canara Bank, Union Bank move NCLAT, challenge NCLT order in Subhash Chandra personal guarantee care** — Canara Bank and Union Bank of India have sought an urgent hearing and are likely to press for a stay on the NCLT order. The NCLAT is likely to take up the banks’ plea on September 1. — [Source](https://www.cnbctv18.com/business/canara-bank-union-bank-move-nclat-challenge-nclt-order-in-subhash-chandra-personal-guarantee-care-19980226.htm)
- 2026-08-28 — DECCANCHRONICLE.COM: **Loan Controversy--Subash Chandra says Mukesh Ambani tried to takeover Zee** — Zee Group founder disputes Rs 22,006-crore claims and urges Ambani to stop alleged propaganda — [Source](https://www.deccanchronicle.com/business/economics/loan-controversy-subash-chandra-says-mukesh-ambani-tried-to-takeover-zee-1983141)
- 2026-08-28 — News18: **From Rs 22,000 Crore to Rs 6.5 Crore: Here's The Full Timeline Of Subhash Chandra's NCLT Case** — Vivek Infracon signed loan pact with Indiabulls for Rs 170 cr in 2016. Subhash Chandra provided a personal guarantee, which eventually triggered insolvency proceedings against him. — [Source](https://www.news18.com/business/banking-finance/from-rs-22000-crore-to-rs-6-5-crore-heres-the-full-timeline-of-subhash-chandras-nclt-case-10297765.html)
- 2026-08-27 — REDIFF.COM: **Subhash Chandra clarifies personal insolvency claims total Rs 3,992 crore, not Rs 22,000 crore** — Media baron Subhash Chandra has clarified that the total claim against him in personal insolvency proceedings is Rs 3,992 crore, not Rs 22,000 crore as claimed by dissenting creditors, asserting he was only a personal guarantor and not the borrower. — [Source](https://www.rediff.com/business/report/subhash-chandra-disputes-rs-22000-crore-insolvency-claim-states-personal-guarantee-at-rs-3992-crore/20260827.htm)
- 2026-08-27 — Economic Times: **HDFC Bank, LIC Housing Finance to contest Zee resolution** — HDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payment from Subhash Chandra as guarantor. Several lenders had opposed this repayment plan, which was approved by the majority. Government officials clarified Chandra was a guarantor, not the principal borrower. — [Source](https://economictimes.indiatimes.com/industry/banking/finance/banking/hdfc-bank-lic-housing-finance-to-contest-zee-resolution/articleshow/133577462.cms)
- 2026-08-27 — Economic Times: **Subhash Chandra clears air on Rs 22,000 crore personal insolvency claims against him** — Media baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrowed any money directly from any lender. Dissenting creditors claimed Rs 22,000 crore against him in proceedings. A third member of NCLT approved a plan for Chandra to pay Rs 6.5 crore. This decision allows for potential recovery from borrowing entities directly. — [Source](https://economictimes.indiatimes.com/industry/media/entertainment/media/subhash-chandra-clears-air-on-rs-22000-crore-personal-insolvency-claims-against-him/articleshow/133570660.cms)
- 2026-08-27 — Mint: **Subhash Chandra insolvency: How creditors will recover just 3 paise for every ₹100 owed | Explained | Company Business News** — Subhash Chandra insolvency case: The NCLT has approved a repayment plan for Subhash Chandra, offering creditors around ₹6.5 crore against ₹22,006.57 crore in claims. The decision means a nearly 99.97% haircut and raises questions over creditor commercial wisdom. — [Source](https://www.livemint.com/companies/people/subhash-chandra-insolvency-how-creditors-will-recover-just-3-paise-for-every-rs-100-owed-explained-11787835257335.html)

## Business profile

**Strategic vision:** Provides long-term finance for residential property purchase and construction.

### Business segments
- **Housing Finance:** Provides long-term finance for the purchase or construction of residential houses or flats, and funding to builders for developing residential spaces.
- **Property-Backed Loans:** Offers support for business or personal needs through property-backed loans.

### Competitive strengths
- Promoted by Life Insurance Corporation of India
- Extensive operational network across India
- International presence with a representative office in Dubai

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/lichsgfin
Markdown representation: https://faxioms.com/stocks/lichsgfin?render=md