More about LIC Housing Finance Limited
Fundamentals 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:
Investors may react cautiously to news that LICHSGFIN's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 5.381522 |
| debtToEquity | 679.251000 |
| earningsGrowth | -0.026000 |
| revenueGrowth | -0.020000 |
| grossMargins | 0.978060 |
| operatingMargins | 0.830980 |
| trailingEps | 99.740000 |
| forwardEps | 103.093510 |
LICHSGFIN's high debt-to-equity ratio indicates that the company is heavily leveraged. This suggests a significant reliance on debt to finance its operations, which could expose the company to higher financial risks if its cash flow or profitability decreases.
LICHSGFIN's low earnings and revenue growth highlight a potential decline in profitability. This suggests that the company's financial health may be weakening, and profits could shrink as a result.
LICHSGFIN's positive gross and operating margins reflect strong financial performance. These metrics indicate that the company is efficiently managing its operations and generating healthy profits, contributing to a solid financial position.
LICHSGFIN's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
Price projections for LICHSGFIN have been gradually reduced, reflecting growing uncertainty about the company's future performance. The downward revisions indicate analysts are lowering their expectations for LICHSGFIN's market trajectory.
Recommendation changes over time:
Analysts' buy bias toward LICHSGFIN suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, LICHSGFIN is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
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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