More about LIC Housing Finance Limited
Fundamentals for LIC Housing Finance Limited
Regulatory Filings for LIC Housing Finance Limited
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Fundamentals for LIC Housing Finance Limited
Business Operations:
Sector: Financial ServicesIndustry: Mortgage Finance
LIC Housing Finance Limited, a housing finance company, provides loans for the purchase, construction, repair, and renovation of houses/buildings in India. It operates through Loans and Other segments. The company offers public and corporate deposits; home loans to residents and non-residents, as well as to pensioners; plot loans, home improvement and construction loans, home extension, and top up loans; refinance; construction finance and term loans for builders and developers; and loans for staff quarters and other lines of credit for corporates. It also provides loans against properties for companies and individuals; loans against securities; loans under rental securitization; and loans to professionals. In addition, the company develops, establishes, and operates assisted living community centers for elderly citizens; manages, advises, and administers private equity funds, including venture capital and alternate investment funds; offers asset management and trusteeship services; and markets housing loan, life and general insurance products, mutual funds, fixed deposits, and credit cards. It serves salaried/self-employed/professionals/SME customers, retired government employees, and retail customers through home loan agents, direct sales agents, and customer relation associates. LIC Housing Finance Limited was incorporated in 1989 and is based in Mumbai, India.
Revenue projections:
The projected decline in LIC Housing Finance Limited's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 5.077127 |
| debtToEquity | 679.251000 |
| earningsGrowth | -0.026000 |
| revenueGrowth | -0.020000 |
| grossMargins | 0.978060 |
| operatingMargins | 0.830980 |
| trailingEps | 99.720000 |
| forwardEps | 103.316300 |
LICHSGFIN's high debt-to-equity ratio indicates that the company is using more debt than equity to fund its operations. This high leverage could expose the company to greater financial risk, especially during periods of declining profitability.
LICHSGFIN's low growth in earnings and revenue points to a likely reduction in profits. This signals a weakening financial performance, indicating the company might face difficulties in staying profitable.
LICHSGFIN's positive gross and operating margins indicate the company's ability to operate profitably. These margins reflect strong financial management, with efficient cost control contributing to sustained profitability and a solid financial outlook.
LICHSGFIN's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that LICHSGFIN's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
LICHSGFIN's price projections have steadily declined, indicating that analysts are revising their outlook on the company. This downward trend reflects a more cautious perspective on LICHSGFIN's future growth prospects.
Recommendation changes over time:
Analysts have shown a buy bias for LICHSGFIN, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to LICHSGFIN, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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