LIC Housing Finance Ltd

No substantive update

• No material financial or governance information disclosed in this filing chunk.

Meeting Details

• Conference call with investors and analysts on 31 July 2026 at 11:30 IST.
• Group conference call; audio recording.
• Event: Q1 FY2026-27 post-earnings discussion.
• Organised by LIC Housing Finance Ltd for Q1 results.

Participants

• Company Secretary and Compliance Officer participated.

Purpose

• Purpose: discuss unaudited Q1 FY2026-27 results.

Additional Notes

• Audio recording and investor presentation uploaded on the company website.

Business Overview

• Core business: housing finance lender focused on individual housing loans.
• Extensive footprint: 10 regional offices, 303 area offices, 39 cluster offices, 23 back offices.
• Dubai representative office signals international footprint.
• Major segments: Individual Housing Loans and Non-Housing lending.

Operational Highlights

• Q1 FY27 disbursements Rs 15,014 cr, up 14.5% YoY.
• IHL disbursements Rs 12,119 cr, up 8% YoY.
• NHI disbursements Rs 1,975 cr, up 20%.
• Outstanding loan portfolio Rs 322,098 cr, up 4%.
• Individual housing portfolio Rs 271,979 cr, up 4%.
• Stage 3 EAD 2.14% as of 30.06.2026, down from 2.62%.
• ECL provisions Rs 4,398 cr; PCR 48%.
• NII Rs 2,075.52 cr; NIM 2.58%.
• Spreads 1.84%; cost of funds 7.28%; yield on advances 9.12%.

Financial Performance

• PAT Rs 1,488.32 cr, up 9.4% YoY.
• Total revenue from operations Rs 7,062 cr, down 1% YoY.
• Net Interest Income Rs 2,075.52 cr; NIM 2.58%.
• ROE 14%; ROA 1.85%.
• ECL provisions total Rs 4,398 cr; PCR 48%.
• EPS Rs 27.06; CAR 25.48% (Tier I 24.20%, Tier II 1.29%).

Capital Structure & Liquidity

• Total CAR 25.48%; Tier I 24.20%; Tier II 1.29%.
• Incremental cost of funds 7.06%.
• Weighted average cost of funds 7.28% as of 30.06.2026.

Strategy & Outlook

• Strategy emphasizes widening footprint and efficiency gains via network expansion.

Risks & Mitigation

• Credit quality improved: Stage 3 EAD 2.14%, Stage III PCR 48%.
• ECL provisions of Rs 4,398 cr indicate reserve coverage against potential losses.

Governance & Shareholding

• LIC holds 45.24% stake as of June 2026.
• Top 10 shareholders include LIC; no governance changes disclosed.

Financial highlights

• PAT for Q1 FY27: Rs 1,488.32 cr, up 9.4% YoY.
• Disbursements in Q1 FY27: Rs 15,014 cr, up 14.5%.
• Outstanding loan portfolio: Rs 322,098 cr, up 4% YoY.
• Revenue from operations: Rs 7,062.45 cr, down 1%.
• Net Interest Income: Rs 2,075.52 cr; NIM 2.58%.
• Profit Before Tax: Rs 1,888.43 cr, up 11%.
• Net profit after tax: Rs 1,488.32 cr, up 9.4%.
• Individual Home Loans: Rs 271,979 cr; Project loans: Rs 9,687 cr.
• Stage 3 ECL provisions: Rs 4,398.43 cr; Stage 3 ECL exposure: 2.14%.

Other developments & outlook

• Board approved standalone audited Q1 FY27 results.
• Har Ghar Ka Humsafar campaign launched to expand homeownership.
• National Housing Bank named LIC Housing Finance Best Housing Finance Company for the second year.
• Outlook: stable interest rate environment with positive sector growth trajectory.

Quarterly results certification

• MD&CEO and CFO certify quarter ended 30 June 2026 results present true and fair view.
• Statements conform to applicable accounting standards and laws.
• No material misstatements or omissions identified.

CP proceeds use and compliance

• CFO certifies CP proceeds used as disclosed; listing conditions adhered.
• Proceeds raised in quarter ended 30 June 2026 listed on NSE.
• References SEBI circular 2024-54; listing conditions adhered.

Meeting Details

• Date: Friday, 31 July 2026.
• Time: 11:30 AM IST; 2:00 PM HK/SG; 7:00 AM London; 2:00 AM New York.
• Meeting type and host: earnings call, hosted by Axis Capital.
• Company speakers: MD & CEO, COO, CFO.
• Purpose: discuss Q1FY27 results; interactive Q&A.
• Format: virtual conference call.

Meeting Details

• Board meeting on 30 July 2026 at 2:30 PM to consider unaudited standalone and consolidated Q1 FY2026 results.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated Q1 FY2026 results, quarter ended 30 June 2026, with limited review.

Other Notes

• Trading window closed from 15 July to 1 August 2026; opens 2 August 2026.
• Outcome of the board meeting and results, with Limited Review report, will be submitted to stock exchanges.

Dematerialisation status

• Securities received for dematerialisation during quarter ended 30 June 2026 were confirmed to the depositories.
• Securities dematerialised have been listed on the exchanges where the earlier securities are listed.
• Physical dematerialisation certificates were mutilated and cancelled after verification, depository name substituted as registered owner within prescribed timelines.

AGM and dividend disclosures

• 37th AGM on Aug 28, 2026 at 3:30 PM via VC/OAVM, at the registered office.
• Record date fixed at Aug 21, 2026 for FY 2025-26 final dividend eligibility.
• Final dividend, if approved, payable within 30 days from the AGM.
• TDS on dividend to be deducted per IT Act; submit documents by Aug 25, 2026.
• AGM/dividend related documents to be uploaded on LIC Housing Finance website.

Volume surge clarification

• Clarification to BSE on surge in trading volume; no information requiring disclosure.
• Volume movement appears market-driven; company unaware of any pending announcements.
• Maintains prompt disclosure of material events per SEBI LODR compliance.
• Date of response: 30 June 2026 to BSE.