LIC Housing Finance Q4 Results: Operational beat but loan growth remains soft

Shares of LIC Housing Finance Ltd. are in focus on Thursday, May 14, after the company reported its fourth quarter earnings a day prior after market closing hours.

LIC Housing's profit after tax for the March quarter increased by 9% from last year to ₹1,497.41 crore. The figure was up 8% from the previous quarter.

The company's pre-provisional operating profit (PPOP) was at ₹2,008.36 crore, up 7% from last year and 6% from the previous quarter.

Its net interest income (NII) came in at ₹2,221.78 crore, up 3% from the year-ago period and 6% sequentially.

LIC Housing Finance's net interest margin expanded to 2.8% from the previous quarter's 2.69% but contracted from 2.86% last year.

The company's asset quality improved from the previous quarter. Its gross non-performing assets (GNPA) stood at 2.1% from 2.5% in December, while net NPA remained unchanged at 1.1%.

Its credit cost was at 0.1% compared to 0.2% sequentially.

The company's return on average equity (ROAE) was at 14% in the financial year 2026 compared to 16% last year, while its return on average assets (ROAA) was at 1.78% compared to 1.83% in FY25.

LIC Housing Finance's highest repayment rates resulted in lower-than-expected loan growth.

Its disbursement growth was at 9.7% from last year compared to 30.6% in the previous quarter. Meanwhile, its loan growth was at 4.2% annually, and 2% sequentially.

Shares of LIC Housing Finance Ltd. ended the previous session 3.3% up at ₹586.5 apiece. The stock has gained 10.8% in the past month.

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