# LIC Housing Finance (LICHSGFIN) — Stock analysis

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

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹536
- Change: +1.32%
- As of: 2026-11-06
- 1D return: +1.32%
- 5D return: +8.57%
- 1M return: -0.19%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

LICHSGFIN closed at ₹536.0 on 2026-11-06, reflecting a +1.3% daily gain following an upward gap on 2026-11-05. The technical setup is defined by conflicting timeframes: the daily chart shows price above all major moving averages but below the Supertrend, indicating short-term strength within a broader bearish structure. Conversely, the monthly trend remains established as bearish (ADX 29.97) with price below key averages, while the weekly view is bullish with price above the Supertrend.

Momentum is weak on the daily horizon (ADX 17.24), suggesting limited conviction despite the recent gap. Price sits in the upper-middle of its 20-day range (+61.4%) and near the middle of its 252-day range (+55.3%). Immediate resistance lies at ₹540.92 (0.92% above), with support nearby at ₹535.33 (0.12% below). Volatility is elevated at 28.0% annualized, and the stock is currently 16.0% below its available high.

The current setup suggests a consolidation phase where short-term buyers are testing overhead supply against a longer-term downtrend. Confirmation of a sustained reversal would require closing above the immediate resistance cluster with increasing participation, while failure to hold above ₹535.33 could expose the stock to further downside toward the ₹529 pivot.

- Trend Conflict: Daily price is above all moving averages but below the Supertrend; Monthly trend is bearish (ADX 29.97); Weekly trend is bullish (Supertrend up).
- Momentum & Position: Daily ADX is weak at 17.24. Price is in the upper-middle of the 20-day range (+61.4%) and mid-range of the 252-day period (+55.3%).
- Key Levels: Immediate resistance at ₹540.92 (+0.92%) and ₹541.67 (+1.06%). Immediate support at ₹535.33 (-0.12%) and pivot at ₹529.17 (-1.27%).
- Risk Profile: Annualized volatility is 28.0%. Current drawdown is -16.0% from available highs. Recent activity includes a moderate upward gap on 2026-11-05.

- Doji
- Harami
- Evening Star

### News Context

LIC Housing Finance (LICHSGFIN) reported recovery of ₹553 crore from its retail portfolio and ₹84 crore from written-off accounts in the September quarter, contributing to a target gross non-performing asset (NPA) ratio of 1.9% by FY27. The lender clarified that legal action against Subhash Chandra as a personal guarantor does not discharge liabilities of principal borrower companies. Concurrently, the Enforcement Directorate registered a money laundering case against Chandra regarding an alleged ₹1,322 crore loss stemming from defaulted loans totaling ₹980 crore, based on CBI FIR allegations of inflated net worth certificates. In a separate development, the NCLT Hyderabad included a Madhapur property in the liquidation estate of Butta Infrastructure Private Limited for a ₹310 crore loan, ruling that LIC Housing Finance failed to realize security interest within prescribed timelines. Brokerages Prabhudas Lilladher and ICICI Securities issued 'Buy' and 'Hold' recommendations respectively with a price target of ₹520.

- {'detail': 'Recovered ₹553 crore (retail) and ₹84 crore (written-off) in Q2; targeting 1.9% gross NPA by FY27.', 'metric': 'Asset Quality & Recovery'}
- {'detail': 'ED registered money laundering case against Subhash Chandra over alleged ₹1,322 crore loss; NCLT ruled against lender in ₹310 crore Butta Infra loan case due to timeline failures.', 'metric': 'Legal & Regulatory Exposure'}
- {'detail': "Prabhudas Lilladher ('Buy') and ICICI Securities ('Hold') set price targets at ₹520 (published Nov 3, 2026).", 'metric': 'Brokerage Views'}

- [LIC Housing Finance recovers ₹553 crore from retail portfolio in Q2, targets 14-15% growth in disbursements | Mint](https://www.livemint.com/industry/banking/lic-housing-finance-assets-loans-companies-retail-portfolio-disbursements-11793676974950.html)
- [Hold LIC Housing Finance: target of Rs 520: ICICI Securities](https://www.moneycontrol.com/news/business/hold-lic-housing-finance-target-of-rs-520-icici-securities-14067643.html)
- [Buy LIC Housing Finance; target of Rs 520: Prabhudas Lilladher](https://www.moneycontrol.com/news/business/stocks/buy-lic-housing-finance-target-of-rs-520-prabhudas-lilladher-14067477.html)
- [Rs 310 cr loan case: NCLT brings Madhapur land into Butta Infra liquidation estate | Hyderabad News - The Times of India](https://timesofindia.indiatimes.com/city/hyderabad/rs-310-cr-loan-case-nclt-brings-madhapur-land-into-butta-infra-liquidation-estate/articleshow/135471253.cms)
- [ED Registers Money Laundering Case Against Subhash Chandra Over Alleged ₹1,322 Crore LIC Housing Finance Loan Fraud: Report](https://www.freepressjournal.in/business/ed-registers-money-laundering-case-against-subhash-chandra-over-alleged-1322-crore-lic-housing-finance-loan-fraud-report)

### What Changed

As of 6 November 2026, LIC Housing Finance (LICHSGFIN) has experienced a price appreciation on the NSE. The stock closed at ₹536.00, reflecting an increase from the previous recorded level of ₹529.00. This movement marks a shift in the equity's valuation metric compared to the prior snapshot. No new corporate filings or news developments were reported alongside this price adjustment.

- Price Update: LICHSGFIN traded at ₹536.00 as of 6 November 2026, up from ₹529.00.
- Market Context: The stock is listed and traded on the National Stock Exchange (NSE).
- Corporate Activity: No new material filings or news events were reported for this period.

### Official Filings

LIC Housing Finance Limited (LICHSGFIN) reported unaudited financial results for the quarter and half-year ended September 30, 2026, following Board approval on October 30, 2026. Standalone Profit After Tax (PAT) rose 11% year-over-year to ₹1,508.78 crore for Q2 FY2027, with Basic EPS at ₹27.43. The company’s outstanding loan portfolio grew 5% to ₹326,173 crore, driven by a 12% increase in project loans and a 4% rise in retail loans. Disbursements increased 11% to ₹18,127 crore. Credit quality improved, with Stage 3 Expected At Default (EAD) decreasing to 2.05% from 2.51% YoY, and total ECL provisions falling to ₹4,292 crore from ₹5,074 crore. Net Interest Margin (NIM) declined slightly to 2.58% from 2.62%. A key structural development involves the reclassification of ₹19,610 crore of loans from housing finance to non-housing finance; the company states this has no material impact on aggregate loan assets, though capital adequacy ratios will be recomputed in the annual statements. An investor conference call is scheduled for November 2, 2026.

- Q2 FY2027 Standalone PAT increased 11% YoY to ₹1,508.78 crore (Basic EPS: ₹27.43); Half-Year PAT reached ₹2,997.10 crore.
- Outstanding loan portfolio grew 5% to ₹326,173 crore, supported by 12% growth in project loans and 11% higher disbursements (₹18,127 crore).
- Credit metrics improved: Stage 3 EAD fell to 2.05% (from 2.51% YoY) and ECL provisions decreased to ₹4,292 crore.
- Reclassification of ₹19,610 crore from housing to non-housing finance announced; capital adequacy ratio to be recomputed in annual filings.

- [LIC Housing Finance Limited has informed the Exchange about Presentation and Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.comLICHSGFIN_02112026165646_Outcome_of_investor_meet_Q2.PDF)
- [LIC Housing Finance Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LICHSGFIN_30102026204024_Quick_Financial_Result_September_2026.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750506_30102026085441_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750505_30102026085436_WEB.xml)
- [Financial Results Updates |SUBJECT: Financial Results Updates](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_30102026210629_Quick_Financial_Result_September_2026.pdf)
- [Security Cover |SUBJECT: Security Cover](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_30102026213908_Security_Cover_Certificate_Q2.pdf)
- [LIC Housing Finance Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/LICHSGFIN_30102026214943_Investor_update_Combine.pdf)
- [Statement of utilization of issue proceeds |SUBJECT: Statement of utilization of issue proceeds](https://nsearchives.nseindia.comLICHSGFIN_30102026214632_Utilization_Proceeds_September_2026.PDF)
- [LIC Housing Finance Limited has informed the Exchange regarding a press release dated October 30, 2026, titled "Press Release for financial result Q2". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/LICHSGFIN_30102026215336_Press_Release_Combine.pdf)
- [LIC Housing Finance Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/LICHSGFIN_28102026110214_Prior_Intimation_Earnings_Call_Q2.pdf)

### Fundamentals

LIC Housing Finance reported stable growth in Q2 FY2026-27, with revenue from operations rising 1.5% sequentially to ₹7,194 crore and net profit increasing slightly to ₹1,507 crore. The company’s financing margin improved to 27.0% (TTM), up from 25.0% in FY2026, indicating better interest rate management or asset pricing. However, operating cash flow remained negative at -₹8,504 crore for the year ended March 2026, though this was an improvement from the -₹17,051 crore deficit in FY2025. Free cash flow also narrowed to -₹8,556 crore from -₹17,051 crore. The balance sheet shows a steady increase in loans to ₹3,21,860 crore as of September 2026, up from ₹3,06,680 crore a year prior. Equity capital remains unchanged at ₹110 crore, while borrowings increased to ₹285,168 crore by September 2026. Return on equity declined to 14% in FY2026 from 16% in previous years, reflecting the impact of higher leverage. Promoter holding is stable at 45.24%, while FIIs reduced their stake to 18.93% from 21.95% over three years.

- Q2 FY2026-27 revenue grew 1.5% sequentially to ₹7,194 crore; net profit rose modestly to ₹1,507 crore.
- Financing margin improved to 27.0% (TTM) from 25.0% in FY2026, supporting profitability despite flat top-line growth.
- Operating cash flow deficit narrowed significantly to -₹8,504 crore (FY2026) from -₹17,051 crore (FY2025), signaling improved cash conversion.
- ROE declined to 14% in FY2026 from 16% in prior years, driven by increased borrowings (₹285,168 crore as of Sep 2026) and stable equity.

### Bear Case

LIC Housing Finance faces significant operational and legal headwinds, highlighted by a recent NCLT ruling that excluded a ₹310 crore loan from recovery due to the lender's failure to realize security interest within prescribed timelines. This loss is compounded by an ongoing Enforcement Directorate money-laundering case against Subhash Chandra regarding an alleged ₹1,322 crore fraud linked to defaulted loans and inflated net worth certificates. While management targets reducing the gross non-performing asset ratio to 1.9% by FY27 through recoveries of ₹553 crore in Q2, these efforts are set against a deteriorating technical backdrop. The stock has experienced a maximum drawdown of -27.8% and a current drawdown of -16.0%, with monthly momentum indicators signaling a bearish trend as of November 6, 2026.

- NCLT Hyderabad ruled that LIC Housing Finance failed to realize security for a ₹310 crore loan within statutory timelines, removing the associated Madhapur land from potential recovery in the borrower's liquidation estate.
- The Enforcement Directorate has registered a money-laundering case against Subhash Chandra concerning an alleged ₹1,322 crore loss stemming from defaulted facilities secured via allegedly inflated net worth certificates.
- Technical analysis shows a bearish monthly supertrend direction, with the stock trading at a current drawdown of -16.0% and having suffered a maximum drawdown of -27.8% over the measured period.
- Management aims to lower the gross NPA ratio to 1.9% by FY27, recovering ₹553 crore from retail and ₹84 crore from written-off accounts in the September quarter.

- [LIC Housing Finance recovers ₹553 crore from retail portfolio in Q2, targets 14-15% growth in disbursements | Mint](https://www.livemint.com/industry/banking/lic-housing-finance-assets-loans-companies-retail-portfolio-disbursements-11793676974950.html)
- [Hold LIC Housing Finance: target of Rs 520: ICICI Securities](https://www.moneycontrol.com/news/business/hold-lic-housing-finance-target-of-rs-520-icici-securities-14067643.html)
- [Buy LIC Housing Finance; target of Rs 520: Prabhudas Lilladher](https://www.moneycontrol.com/news/business/stocks/buy-lic-housing-finance-target-of-rs-520-prabhudas-lilladher-14067477.html)
- [Rs 310 cr loan case: NCLT brings Madhapur land into Butta Infra liquidation estate | Hyderabad News - The Times of India](https://timesofindia.indiatimes.com/city/hyderabad/rs-310-cr-loan-case-nclt-brings-madhapur-land-into-butta-infra-liquidation-estate/articleshow/135471253.cms)
- [ED Registers Money Laundering Case Against Subhash Chandra Over Alleged ₹1,322 Crore LIC Housing Finance Loan Fraud: Report](https://www.freepressjournal.in/business/ed-registers-money-laundering-case-against-subhash-chandra-over-alleged-1322-crore-lic-housing-finance-loan-fraud-report)
- [LIC Housing Finance Limited has informed the Exchange about Presentation and Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.comLICHSGFIN_02112026165646_Outcome_of_investor_meet_Q2.PDF)
- [LIC Housing Finance Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LICHSGFIN_30102026204024_Quick_Financial_Result_September_2026.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750506_30102026085441_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750505_30102026085436_WEB.xml)
- [Financial Results Updates |SUBJECT: Financial Results Updates](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_30102026210629_Quick_Financial_Result_September_2026.pdf)

### FAQs

**What were LIC Housing Finance's financial results for the quarter ended September 30, 2026?**

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.

**How has LIC Housing Finance's asset quality trended recently?**

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.

**What is the current market price and technical outlook for LICHSGFIN?**

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.

- [LIC Housing Finance recovers ₹553 crore from retail portfolio in Q2, targets 14-15% growth in disbursements | Mint](https://www.livemint.com/industry/banking/lic-housing-finance-assets-loans-companies-retail-portfolio-disbursements-11793676974950.html)
- [Hold LIC Housing Finance: target of Rs 520: ICICI Securities](https://www.moneycontrol.com/news/business/hold-lic-housing-finance-target-of-rs-520-icici-securities-14067643.html)
- [Buy LIC Housing Finance; target of Rs 520: Prabhudas Lilladher](https://www.moneycontrol.com/news/business/stocks/buy-lic-housing-finance-target-of-rs-520-prabhudas-lilladher-14067477.html)
- [Rs 310 cr loan case: NCLT brings Madhapur land into Butta Infra liquidation estate | Hyderabad News - The Times of India](https://timesofindia.indiatimes.com/city/hyderabad/rs-310-cr-loan-case-nclt-brings-madhapur-land-into-butta-infra-liquidation-estate/articleshow/135471253.cms)
- [ED Registers Money Laundering Case Against Subhash Chandra Over Alleged ₹1,322 Crore LIC Housing Finance Loan Fraud: Report](https://www.freepressjournal.in/business/ed-registers-money-laundering-case-against-subhash-chandra-over-alleged-1322-crore-lic-housing-finance-loan-fraud-report)
- [LIC Housing Finance Limited has informed the Exchange about Presentation and Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.comLICHSGFIN_02112026165646_Outcome_of_investor_meet_Q2.PDF)
- [LIC Housing Finance Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LICHSGFIN_30102026204024_Quick_Financial_Result_September_2026.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750506_30102026085441_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750505_30102026085436_WEB.xml)
- [Financial Results Updates |SUBJECT: Financial Results Updates](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_30102026210629_Quick_Financial_Result_September_2026.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹529.17
- Risk regime: Price Risk Requires Attention

### Support levels
- 528.74990234375
- 523.55
- 515.09736328125

### Resistance levels
- 540.925
- 572.1564025878906
- 597.379296875

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.32% |
| return_10 | +9.39% |
| return_1m | +6.77% |
| return_1y | -5.99% |
| return_20 | -0.19% |
| return_3m | +6.14% |
| return_5 | +8.57% |
| return_6m | -7.93% |
| return_since_start | -10.71% |
| return_ytd | +0.03% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -27.82% |
| annualized_volatility | +28.03% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# LIC Housing Finance Limited FY2026-27 Q2: Profit up 11.7% year on year

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.

## Revenue and loan growth

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.

## Funding costs and impairment

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.

## Earnings and comprehensive income

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.

## Balance sheet and funding mix

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.

## Key Takeaway

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.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +45.24%
- FII holding: +18.93%
- DII holding: +21.63%
- Mutual fund holding: +18.18%
- Retail holding: +9.27%
- Promoter pledged: +0.00%

### Major reported shareholders

- LIFE INSURANCE CORPORATION OF INDIA — +45.24%
- ICICI PRUDENTIAL MULTI-ASSET FUND — +5.18%
- KOTAK EQUITY SAVINGS FUND — +2.60%
- BANK MUSCAT INDIA FUND — +2.09%
- BANDHAN FINANCIAL SERVICES FUND — +2.02%
- GOVERNMENT PENSION FUND GLOBAL — +1.98%
- QUANT MUTUAL FUND - QUANT ARBITRAGE FUND — +1.86%
- NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON POWER & INFRA FUND — +1.43%
- HDFC MUTUAL FUND - HDFC NIFTY500 MULTICAP 50:25:25 INDEX FUND — +1.22%

## Official filings

- 2026-11-06 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.comLICHSGFIN_06112026164407_Transcript_of_Call_Q2.PDF)
- 2026-11-02 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.comLICHSGFIN_02112026165646_Outcome_of_investor_meet_Q2.PDF)
- 2026-10-30 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LICHSGFIN_30102026204024_Quick_Financial_Result_September_2026.pdf)
- 2026-10-30 — Financial Results Filing: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750506_30102026085441_WEB.xml)
- 2026-10-30 — Financial Results Filing: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750505_30102026085436_WEB.xml)
- 2026-10-30 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_30102026210629_Quick_Financial_Result_September_2026.pdf)
- 2026-10-30 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_30102026213908_Security_Cover_Certificate_Q2.pdf)
- 2026-10-30 — Earnings Presentation: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LICHSGFIN_30102026214943_Investor_update_Combine.pdf)
- 2026-10-30 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.comLICHSGFIN_30102026214632_Utilization_Proceeds_September_2026.PDF)
- 2026-10-30 — Press Release: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LICHSGFIN_30102026215336_Press_Release_Combine.pdf)
- 2026-10-28 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LICHSGFIN_28102026110214_Prior_Intimation_Earnings_Call_Q2.pdf)
- 2026-10-26 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_26102026170656_INE115A14GA8.pdf)
- 2026-10-26 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_26102026172511_TR367.pdf)
- 2026-10-23 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LICHSGFIN_23102026182216_Binder1.pdf)
- 2026-10-23 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_23102026184005_TR314.pdf)
- 2026-10-22 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_22102026183000_TR448.pdf)
- 2026-10-21 — Board Meeting Notice: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LICHSGFIN_21102026175843_Prior_Intimation_Q2_FY2627.PDF)
- 2026-10-21 — Board Meeting Notice: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_946_WebXMLFile_20261021_180459605.xml)
- 2026-10-21 — Board Meeting Notice: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_946_WebXMLFile_20261021_180627112.xml)
- 2026-10-21 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_946_WebXMLFile_20261021_180627112.xml)
- 2026-10-21 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_946_WebXMLFile_20261021_180459605.xml)
- 2026-10-19 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_19102026172311_TR447.pdf)
- 2026-10-15 — Shareholding Disclosure: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1738422_15102026094914_WEB.xml)
- 2026-10-12 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/LICHSGFIN_12102026175037_TR365.pdf)
- 2026-10-09 — Generic Announcement: LIC Housing Finance Limited — [Official attachment](https://nsearchives.nseindia.comLICHSGFIN_09102026185655_Half_Year_Chapter_VIII.PDF)

## News and market events

- 2026-11-06 — Economic Times: **Quant Small Cap Fund adds Jio Platforms and 4 others; increases stake in Adani Power, 5 more** — 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. — [Source](https://economictimes.indiatimes.com/mf/analysis/quant-small-cap-fund-adds-jio-platforms-and-4-others-increases-stake-in-adani-power-5-more/articleshow/135603855.cms)
- 2026-11-03 — Mint: **LIC Housing Finance recovers ₹553 crore from retail portfolio in Q2, targets 14-15% growth in disbursements | Mint** — 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. — [Source](https://www.livemint.com/industry/banking/lic-housing-finance-assets-loans-companies-retail-portfolio-disbursements-11793676974950.html)
- 2026-11-03 — MONEYCONTROL: **Hold LIC Housing Finance: target of Rs 520: ICICI Securities** — 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. — [Source](https://www.moneycontrol.com/news/business/hold-lic-housing-finance-target-of-rs-520-icici-securities-14067643.html)
- 2026-11-03 — MONEYCONTROL: **Buy LIC Housing Finance; target of Rs 520: Prabhudas Lilladher** — 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. — [Source](https://www.moneycontrol.com/news/business/stocks/buy-lic-housing-finance-target-of-rs-520-prabhudas-lilladher-14067477.html)
- 2026-11-02 — Times of India: **Rs 310 cr loan case: NCLT brings Madhapur land into Butta Infra liquidation estate | Hyderabad News - The Times of India** — 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 — [Source](https://timesofindia.indiatimes.com/city/hyderabad/rs-310-cr-loan-case-nclt-brings-madhapur-land-into-butta-infra-liquidation-estate/articleshow/135471253.cms)
- 2026-11-02 — FREEPRESSJOURNAL.IN: **ED Registers Money Laundering Case Against Subhash Chandra Over Alleged ₹1,322 Crore LIC Housing Finance Loan Fraud: Report** — 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. — [Source](https://www.freepressjournal.in/business/ed-registers-money-laundering-case-against-subhash-chandra-over-alleged-1322-crore-lic-housing-finance-loan-fraud-report)
- 2026-11-02 — BUSINESSTODAY: **CBI investigation of Subhash Chandra bears no weight on enterprise, clarifies Zee** — 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. — [Source](https://www.businesstoday.in/india/story/cbi-investigation-of-subhash-chandra-bears-no-weight-on-enterprise-clarifies-zee-565006-2026-11-02)
- 2026-11-02 — Economic Times: **Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorp** — 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. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-reliance-industries-jio-platforms-mm-cdsl-itc-ntpc-iocl-and-hero-motocorp/articleshow/135432220.cms)
- 2026-11-01 — FREEPRESSJOURNAL.IN: **ED Registers ECIR Against Essel Group Chairman Subhash Chandra In ₹1,322-Crore LIC Housing Finance Loan Fraud Case** — The Enforcement Directorate registered an ECIR against Essel Group chairman Subhash Chandra regarding an alleged Rs 1,322-crore loan fraud involving LIC Housing Finance Ltd, following a CBI FIR over allegedly inflated financial documents used to secure loans. Zee Entertainment Enterprises Ltd stated the matter concerns Chandra personally and does not impact its operations. — [Source](https://www.freepressjournal.in/mumbai/ed-registers-ecir-against-essel-group-chairman-subhash-chandra-in-1322-crore-lic-housing-finance-loan-fraud-case)
- 2026-11-01 — Economic Times: **ED opens money laundering probe against Subhash Chandra in Rs 1,322 crore loan case** — The Enforcement Directorate has registered an ECIR against Essel Group chairman Subhash Chandra in an alleged Rs 1,322 crore loan fraud involving LIC Housing Finance. Zee Entertainment stated the case does not affect its operations. — [Source](https://economictimes.indiatimes.com/news/india/ed-opens-money-laundering-probe-against-subhash-chandra-in-rs-1322-crore-loan-case/articleshow/135436249.cms)
- 2026-11-01 — Times of India: **LICHF bets on diversification to drive growth** — LIC Housing Finance has increased its lending rate by 25 basis points to protect margins and plans to shift its loan book composition towards higher-margin segments like LAP, LRD, and project finance. The company also intends to launch a dedicated affordable housing vertical in FY28 to manage smaller loans through closer monitoring and faster recovery. — [Source](https://timesofindia.indiatimes.com/business/india-business/lichf-bets-on-diversification-to-drive-growth/articleshow/135436287.cms)
- 2026-11-01 — Economic Times: **Zee draws line between CBI probe against Subhash Chandra and its business** — Zee Entertainment Enterprises Ltd stated that a CBI probe and ECIR against founder Subhash Chandra are personal matters with no impact on the company's operations. The investigation stems from an FIR filed by LIC Housing Finance Ltd alleging fraud involving inflated net worth certificates to secure Rs 980 crore in loans. — [Source](https://economictimes.indiatimes.com/news/india/zee-draws-line-between-cbi-probe-against-subhash-chandra-and-its-business/articleshow/135431150.cms)
- 2026-11-01 — The Hindu: **Zee Entertainment distances from Founder’s CBI investigation** — Zee Entertainment clarified that it has no bearing on the CBI investigation and ECIR booking involving its founder Subhash Chandra over alleged misappropriation of a ₹1,322 crore loan. The investigation stems from a complaint by LIC Housing Finance accusing Chandra of cheating and criminal breach of trust related to defaulted loan facilities. — [Source](https://www.thehindubusinessline.com/companies/zee-entertainment-distances-from-founders-cbi-investigation/article71653792.ece)
- 2026-11-01 — The Hindu: **LIC Housing Finance to grow double digit in H2 FY2027; portfolio to jump ₹3.5 lakh crore: Sandeep Kumar** — LIC Housing Finance MD & CEO Sandeep Kumar announced plans to expand the company's loan book to approximately ₹3.5 lakh crore by the second half of FY2027, driven by growth in non-home loan segments such as project finance and LAP. The company has also approved a pool-buying framework to facilitate inorganic growth, with initial activities expected in Q3 and scaled-up transactions in Q4. — [Source](https://www.thehindubusinessline.com/companies/lic-housing-finance-to-grow-double-digit-in-h2-fy2027-portfolio-to-jump-35-lakh-crore-sandeep-kumar/article71653296.ece)
- 2026-11-01 — The Hindu: **LIC Housing Finance to grow double digit in H2 FY2027; portfolio to jump ₹3.5 lakh crore: Sandeep Kumar** — LIC Housing Finance has implemented a second round of lending rate hikes totaling up to 40 basis points across its portfolio and new disbursements. The company aims to grow its loan book by at least 10% over the next two quarters to reach ₹3.5 lakh crore, targeting double-digit full-year disbursement growth. — [Source](https://www.thehindubusinessline.com/money-and-banking/lic-housing-finance-to-grow-double-digit-in-h2-fy2027-portfolio-to-jump-35-lakh-crore-sandeep-kumar/article71653296.ece)
- 2026-10-31 — Economic Times: **LIC Housing Fin Q2 net profit grows 12% YoY** — LIC Housing Finance reported a 12% year-on-year increase in consolidated net profit to ₹1,507 crore for the September quarter, aided by a reversal of impairment charges and improved asset quality. The housing financier also identified ₹19,610 crore of loans for reclassification from housing to non-housing finance. — [Source](https://economictimes.indiatimes.com/markets/stocks/earnings/lic-housing-fin-q2-net-profit-grows-12-yoy/articleshow/135388049.cms)
- 2026-10-31 — FREEPRESSJOURNAL.IN: **LIC Housing Finance Reports 11% Surge In Q2 FY27 Profit To ₹1,508.78 Crore, Disbursements Also Rise 11%** — LIC Housing Finance Ltd announced unaudited financial results for Q2 FY27 showing an 11% year-on-year increase in profit after tax to ₹1,508.78 crore and an 11% rise in total disbursements to ₹18,127 crore. The company also slashed interest rates on new home loans by 50 basis points, citing stable demand and a focus on sustainable growth. — [Source](https://www.freepressjournal.in/business/lic-housing-finance-reports-11-surge-in-q2-fy27-profit-to-150878-crore-disbursements-also-rise-11)
- 2026-10-31 — The Hindu: **LIC Housing Finance Q2 PAT up 11% at ₹150.7 crore** — LIC Housing Finance posted an 11% rise in Q2FY27 net profit to ₹150.7 crore, with net interest income increasing by 2% and the loan book growing by 5% compared to the year-ago period. — [Source](https://www.thehindubusinessline.com/news/real-estate/lic-housing-finance-q2-pat-up-11-at-1507-crore/article71646714.ece)
- 2026-10-07 — IANSLIVE.IN: **Essel Group firms offer to pay back 100 per cent dues in LIC Housing Finance dispute** — New Delhi, Oct 7 (IANS) In a major development in the LIC Housing Finance dispute involving Essel Group founder Subhash Chandra's personal guarantee, the group companies concerned have proposed a settlement offering repayment of 100 per cent of the outstanding principal amount along with 10 per cent interest to it. — [Source](https://ianslive.in/essel-group-firms-offer-to-pay-back-100-per-cent-dues-in-lic-housing-finance-dispute--20261007212403)
- 2026-10-01 — Economic Times: **Max Healthcare Institute among 3 F&O stocks with a sharp rise in futures open interest** — On September 30, three stocks in the NSE F&O segment recorded over 7% increases in futures open interest, indicating higher active contract positions and increased market participation. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/max-healthcare-institute-among-3-fampo-stocks-with-a-sharp-rise-in-futures-open-interest/slideshow/134607334.cms)
- 2026-09-30 — Economic Times: **Macquarie sees strong earnings recovery for banks, picks 5 stocks to outperform** — Macquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger loan demand, easing liquidity pressures and stable asset quality. The brokerage upgraded Bank of Baroda, Kotak Mahindra Bank and select financial stocks. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/macquarie-sees-strong-earnings-recovery-for-banks-picks-5-stocks-to-outperform/articleshow/134593479.cms)
- 2026-09-29 — The Hindu: **NCLAT issues notice to creditors on Subhash Chandra's plea; sets next hearing for October 29-30** — NCLAT issues notices to creditors, sets Oct 29-30 hearing on Subhash Chandra's insolvency plea and allows rejoinder in a week. — [Source](https://www.thehindu.com/business/nclat-issues-notice-to-creditors-on-subhash-chandras-plea-sets-next-hearing-for-october-29-30/article71525530.ece)
- 2026-09-29 — MONEYCONTROL: **Trade Spotlight: How should you trade LIC Housing Finance, IREDA, Mahindra and Mahindra, Swiggy, Zydus Lifesciences, SAIL, and others on September 29?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,LIC Housing Finance,Indian Renewable Energy Development Agency,Mahindra and Mahindra,Swiggy,Central Depository Services,Pidilite Industries,Zydus Lifesciences,Steel Authority of India, — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-lic-housing-finance-ireda-mahindra-and-mahindra-swiggy-zydus-lifesciences-sail-and-others-on-september-29-14040474.html)
- 2026-09-24 — BUSINESS: **Stock Alert: Avantel, IOL Chem, Concord Biotech,ESAF SFB, NSE** — Kaynes Tech, LIC Housing Finance, Manappuram Finance, SAIL barred from F&O trading on 24 September 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/stock-alert-avantel-iol-chem-concord-biotech-esaf-sfb-nse-126092400179_1.html)
- 2026-09-23 — FREEPRESSJOURNAL.IN: **NCLT Seeks CBI Response In Subhash Chandra Insolvency Case Linked To ₹1,322 Crore Loan Fraud Probe** — A five-member NCLT bench has issued notice to the CBI in Essel Group founder Subhash Chandra’s personal insolvency proceedings. The tribunal sought the agency’s response within four weeks over a probe into an alleged Rs 1,322-crore LIC Housing Finance loan fraud case, which could impact insolvency claims and asset disclosures — [Source](https://www.freepressjournal.in/business/nclt-seeks-cbi-response-in-subhash-chandra-insolvency-case-linked-to-1322-crore-loan-fraud-probe)

## 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: 2026-11-06
- Source: Faxioms public stock analysis API

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