LIC Housing Finance reported a 9% year-on-year rise in net profit at Rs 1,497.41 crore for the quarter ended March 31, 2026, compared with Rs 1,367.96 crore in the corresponding quarter last year.
The company’s revenue from operations stood at Rs 7,194.34 crore during the quarter, as against Rs 7,281.17 crore a year ago, reflecting a marginal decline.
NII grows 3%
Net interest income (NII) for the quarter rose 3% to Rs 2,221.78 crore from Rs 2,165.33 crore in the year-ago period.
Net interest margin (NIM) stood at 2.80% for Q4 FY26, compared with 2.85% in Q4 FY25 and 2.69% in Q3 FY26.
Disbursements rise 10%
Total disbursements during the quarter increased 10% year-on-year to Rs 21,019 crore from Rs 19,156 crore in the corresponding quarter of FY25.
Disbursements in the individual home loan segment stood at Rs 16,672 crore, up 8% from Rs 15,383 crore a year earlier.
The non-housing individual loan segment recorded a strong 25% growth, with disbursements rising to Rs 3,348 crore from Rs 2,676 crore. Project loan disbursements, however, declined marginally to Rs 847 crore from Rs 875 crore in Q4 FY25.
Loan portfolio expands
The individual home loan portfolio stood at Rs 2,70,893 crore as on March 31, 2026, compared with Rs 2,61,562 crore as on March 31, 2025, registering a 4% growth. The project loan portfolio remained largely stable at Rs 9,190 crore, compared with Rs 9,213 crore a year ago.
The company’s total outstanding portfolio rose 4% year-on-year to Rs 3,20,707 crore from Rs 3,07,732 crore.
Asset quality improves
Under the IndAS framework, asset classification and provisioning are reported on an Expected Credit Loss (ECL) basis.
LIC Housing Finance’s ECL provisions stood at Rs 4,568.62 crore as on March 31, 2026, compared with Rs 4,899.03 crore a year earlier.
Stage 3 exposure at default improved to 2.16% as on March 31, 2026, from 2.47% as on March 31, 2025, and 2.45% as on December 31, 2025.
FY26 performance remains steady
For the full financial year ended March 31, 2026, the company reported a net profit after tax of Rs 5,595.15 crore, up 3% from Rs 5,429.02 crore in FY25.
Revenue from operations for FY26 increased 3% to Rs 28,764.63 crore, compared with Rs 28,037.23 crore in the previous year. Net Interest Income for the year rose 4% to Rs 8,424.52 crore from Rs 8,125.64 crore in FY25.
Board recommends dividend
Net Interest Margin for FY26 stood at 2.68%, compared with 2.73% in the previous financial year. Earnings Per Share (EPS) for FY26 stood at Rs 101.72 per share, compared with Rs 98.70 in FY25.
The Board of Directors has recommended a dividend of 500%, translating to Rs 10 per share.
Performance remains resilient
LIC Housing Finance Managing Director & Chief Executive Officer Tribhuwan Adhikari said, “Our performance has remained resilient despite a global war scenario, which impacts our country’s oil bill and affects macro-economic indicators. During the last quarter of FY2026, we witnessed sustained demand momentum enabled by our efficient digital infrastructure, stable interest rate environment and continued focus on cost optimisation and customer-centricity.”
He added that the company remains optimistic about the housing sector outlook, driven by urbanisation and continued policy support, while maintaining focus on expanding reach, enhancing digital capabilities and preserving asset quality and profitability.