LIC Housing Finance Limited, a housing finance company, provides loans for purchase, construction, repair, and renovation of houses/buildings in India.
Undervalued with high growth potential and pays a dividend.
Share Price & News
How has LIC Housing Finance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500253's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 500253 underperformed the Indian Mortgage industry which returned 14% over the past year.
Return vs Market: 500253 underperformed the Indian Market which returned 9.5% over the past year.
Price Volatility Vs. Market
How volatile is LIC Housing Finance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is LIC Housing Finance undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 500253 (₹364.55) is trading below our estimate of fair value (₹421.19)
Significantly Below Fair Value: 500253 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 500253 is good value based on its PE Ratio (6.9x) compared to the Mortgage industry average (11.8x).
PE vs Market: 500253 is good value based on its PE Ratio (6.9x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: 500253 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 500253 is good value based on its PB Ratio (1.1x) compared to the IN Mortgage industry average (1.1x).
How is LIC Housing Finance forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500253's forecast earnings growth (22.2% per year) is above the savings rate (6.5%).
Earnings vs Market: 500253's earnings (22.2% per year) are forecast to grow faster than the Indian market (20.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 500253's revenue (23% per year) is forecast to grow faster than the Indian market (9% per year).
High Growth Revenue: 500253's revenue (23% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500253's Return on Equity is forecast to be low in 3 years time (18.7%).
How has LIC Housing Finance performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500253 has high quality earnings.
Growing Profit Margin: 500253's current net profit margins (53.1%) are lower than last year (54%).
Past Earnings Growth Analysis
Earnings Trend: 500253's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: 500253's earnings growth over the past year (14.9%) exceeds its 5-year average (12.4% per year).
Earnings vs Industry: 500253 earnings growth over the past year (14.9%) underperformed the Mortgage industry 16.1%.
Return on Equity
High ROE: 500253's Return on Equity (15.5%) is considered low.
Return on Assets
Return on Capital Employed
How is LIC Housing Finance's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 500253 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 500253's debt is covered by short term assets (assets are 1.2x debt).
Financial Institutions Analysis
Asset Level: 500253's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if 500253 has a sufficient allowance for bad loans.
Low Risk Liabilities: 500253 reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 500253 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 500253 has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 500253 has an appropriate level of bad loans.
What is LIC Housing Finance's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500253's dividend (2.08%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: 500253's dividend (2.08%) is low compared to the top 25% of dividend payers in the Indian market (2.58%).
Stability and Growth of Payments
Stable Dividend: 500253's dividends per share have been stable in the past 10 years.
Growing Dividend: 500253's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.3%), 500253's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500253's dividends in 3 years are forecast to be well covered by earnings (27% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Siddhartha Mohanty 0
Mr. Siddhartha Mohanty has been Managing Director and Chief Executive Officer at LIC Housing Finance Ltd. since August 1, 2019. Mr. Mohanty served as Chief Operating Officer at LIC Housing Finance Ltd. sin ...
|GM of Taxation & Company Secretary||0yrs||₹3.84m||no data|
|MD, CEO & Director||0.5yrs||no data||no data|
|Chief Financial Officer||0.8yrs||no data||no data|
|General Manager of Accounts||0.8yrs||no data||no data|
|Chief Technology Officer||0yrs||no data||no data|
|Chief Manager of Compliance||1.1yrs||no data||no data|
|General Manager of Legal & Audit||2.1yrs||no data||no data|
|Chief Manager of Marketing||2.7yrs||no data||no data|
|GM of Marketing||1.1yrs||no data||no data|
|General Manager of HR||2.1yrs||no data||no data|
Experienced Management: 500253's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|MD, CEO & Director||0.5yrs||no data||no data|
|Independent Director||7.8yrs||₹885.00k||no data|
|Non Independent Director||1.7yrs||₹855.00k||no data|
|Independent Director||4.7yrs||₹1.31m||no data|
|Non-Executive Independent Director||7.8yrs||₹155.00k||no data|
|Additional Independent Director||0.6yrs||no data||no data|
|Non-Executive Non Independent Director||0.6yrs||no data||no data|
|Independent Director||5.5yrs||₹665.00k||0.00010% ₹184.0k|
|Independent Director||4.5yrs||₹390.00k||no data|
|Chairman||0.9yrs||no data||0.000060% ₹110.4k|
Experienced Board: 500253's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
LIC Housing Finance Limited's company bio, employee growth, exchange listings and data sources
- Name: LIC Housing Finance Limited
- Ticker: 500253
- Exchange: BSE
- Founded: 1989
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: ₹184.000b
- Shares outstanding: 504.66m
- Website: https://www.lichousing.com
- LIC Housing Finance Limited
- 131 Maker Tower, F Premises
- 13th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500253||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jul 1998|
|LICHSGFIN||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jul 1998|
|LICHS||BDL (Bourse de Luxembourg)||SPON GDR REG S||LU||USD||Sep 2004|
LIC Housing Finance Limited, a housing finance company, provides loans for purchase, construction, repair, and renovation of houses/buildings in India. It offers deposits; home loans to resident and non-resident Indians, as well as before and after retirement loans to pensioners; construction finance and term loans for builders/developers; and loans for staff quarters and other lines of credit for corporates. The company also provides loans against properties for companies and individuals; loans against securities; loans under rental securitization; and loans to professionals. In addition, it manages, advises, and acts as a trustee to venture capital and alternative investment funds; develops residential projects for senior citizens; and markets life and general insurance products, mutual funds, and credit cards. The company markets its products through home loan agents, direct sales agents, and customer relation associates. As of March, 31, 2019, it operated through a network of 23 back offices, 273 marketing offices, and 1 customer service point, as well as 9 regional offices in India; and representative offices in Dubai and Kuwait. The company was founded in 1989 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/22 12:46|
|End of Day Share Price||2020/02/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.