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:
Revenue projections for LICHSGFIN LIC Housing Finance Limited's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
currentRatio
35.499000
forwardPE
5.893511
debtToEquity
722.142000
earningsGrowth
0.269000
revenueGrowth
0.185000
grossMargins
0.986630
operatingMargins
0.793010
trailingEps
98.920000
forwardEps
63.760000
LIC Housing Finance Limited's current ratio is 35.499, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting LIC Housing Finance Limited has no trouble covering its short-term financial obligations. LICHSGFIN's elevated debt-to-equity ratio reflects substantial leverage, meaning the company relies heavily on borrowed funds. This could increase financial risk, particularly in times of economic uncertainty or if the company's profitability declines. LICHSGFIN's positive earnings and revenue growth reflect an optimistic outlook for the company's future. The growth in these key areas indicates that LICHSGFIN is expected to continue expanding its business and boosting its financial performance in the coming periods. LICHSGFIN's positive gross and operating margins highlight its strong profitability. The company's ability to control costs while generating revenue indicates efficient operations and a healthy financial position. LICHSGFIN's forward EPS being lower than its trailing EPS suggests that the company's earnings may decline in the current year. This could indicate financial challenges ahead for the company.
Price projections:
Price projections for LICHSGFIN Over time, analysts have gradually revised LIC Housing Finance Limited's price projections downward. This suggests growing concerns about the company's ability to meet previous expectations, pointing to a more conservative outlook.
Recommendation changes over time:
Recommendations trend for LICHSGFIN
LICHSGFIN has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see LICHSGFIN as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
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