LIC Housing Fin.

Q1 FY27Finance

LIC Housing Fin. Q1 FY27 Results & Concall Highlights: Revenue, Margins & Capex

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹505

Market cap₹27.3K Cr

P/E4.8

Updated25 Aug 2026

Read4 min read

What the Q1 FY27 call signalled

2 of 4 strong

RevenueRank 3

MarginRank 3

CapexYes

Order bookYes

Not discussed on this call: fundraise.

The short version

Q1 FY2027 disbursement growth was 14.5%, close to the 15% target, indicating positive momentum. The company aims for a disbursement growth of around 15% in Q2 and expects this momentum to continue, sustaining double-digit growth overall.

From LIC Housing Fin.'s Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Rank 3

Q1 FY2027 disbursement growth was 14.5%, close to the 15% target, indicating positive momentum.
Management optimistic about continued disbursement growth in Q2, targeting 15% growth.
Guidance for full-year book growth remains double-digit, targeting 8-10% AUM growth and 10-12% disbursement growth.
Disbursement and book growth expected to accelerate gradually, balancing growth with margin protection.
Developer finance disbursements surged 450% YoY in Q1; target set at INR4,000 crores but expecting INR7,000-8,000 crores for the year.
Digital investments and new product diversification expected to support sustainable growth.
Management aims to improve return on assets and asset quality to drive long-term growth.
Overall, a cautious but confident approach to achieving steady double-digit growth in sales/volumes this year.

Profitability & Margins

The company aims for a disbursement growth of around 15% in Q2 and expects this momentum to continue, sustaining double-digit growth overall.
For the full year FY27, guidance is set at 8%-10% AUM (book) growth and 10%-12% disbursement growth.
Management is optimistic about accelerating growth compared to previous years, targeting closer to 8%-10% book growth, up from the historically low 4%-7%.
Q1 showed improved profitability metrics with PBT and PAT growth and a 9 basis points improvement in return on assets.
Credit costs guidance remains at 10-15 basis points for FY27, supporting stable profitability.
Margins are expected to be under pressure due to competitive incremental yields (~8.25%) versus portfolio yields (~9.12%), but diversification into higher-yield segments may help sustain margins near the guided NIM of 2.6%.
Overall, FY27 is expected to be a good year, potentially delivering "something extraordinary" in earnings/profits.

See what LIC Housing Fin. said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Yes

LIC Housing Finance is making significant investments in digital technology and IT infrastructure, including:
- Implementation of a new IT straight-through process (STP) started around January/February of last year for digital onboarding and credit appraisal.
- Completion of Project RED, an overhaul of Loan Management System (LMS) and Loan Origination System (LOS) in 2023-24.
- Upcoming "data lake-house" project for consolidated data management integrating AI for enhanced decision-making and collection efficiency.
- An RFP process for a new software vendor is completed, contract to be awarded soon, expected to start this year.
Capital expenditures also include building digital capabilities to reduce costs and redeploy manpower productively, not involving retrenchments.
Affordable housing finance business is being developed with an external team setup expected this year, subject to board approvals, implying strategic investments in this segment over next 2-3 years.
IT spends are planned but have mostly not occurred as of Q1 FY2027; significant spends expected going forward.

Top-ranked in Finance

Ranked on what management guided this quarter

5x potential

1Akiko₹466 Cr

Rev 1Mar 1

2Finkurve Fin.₹1.0K Cr

Rev 1Mar 2

3₹286 Cr

Rev 1Mar 2

4₹39.2K Cr

Rev 1Mar 3

5₹25.6K Cr

Rev 1Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

No explicit mention of any new fundraising through equity in the transcript.
On the debt front, about INR 17,000 crores of borrowings (NCDs and bank borrowings) are maturing this year.
The company expects to refinance these at slightly lower or comparable interest rates (around 7.06% to 7.38%).
Incremental borrowing cost for the quarter was 7.06%, with a cumulative borrowing cost near 7.27%, expected to stay stable or increase by 3-4 basis points.
No specific mention of fresh debt raising beyond refinancing existing maturities.
Overall, focus is on refinancing at competitive rates rather than raising additional fresh debt or equity currently.

See what LIC Housing Fin. said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Yes

No information is provided regarding the same in the latest conference call.

What LIC Housing Finance Ltd's management said in earlier quarters

Others in Finance this season

Muthoot Finance Ltd (Q1 FY27)
Despite competitive intensity, Muthoot Finance has demonstrated growth; Q1 saw about 6% growth (~INR 9,000 crores). Key concall takeaways from Muthoot Finance…
Mahindra & Mahindra Financial Services Ltd (Q1 FY27)
The company has already seen wheels AUM growth at 11%-12% and non-wheels at 28%-30% in recent quarters. Key concall takeaways from Mahindra & Mahindra…
Akiko Global Services Ltd (Q1 FY27)
Personal loans are growing fastest, with 5%-10% month-on-month growth. Key concall takeaways from Akiko Global Services Ltd's Q1 FY27 earnings call — and how…
Max India Ltd (Q1 FY27)
Care Homes occupancy is improving steadily (e.g., Bannerghatta from 37% to 41%), with potential expansion plans in late FY27. Key concall takeaways from Max…

Compare:vs Bajaj Finance Ltd vs Bajaj Finserv Ltd vs Shriram Finance Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were LIC Housing Fin. Q1 FY27 results?

What is LIC Housing Fin. share price analysis?

LIC Housing Fin. currently shows a below-average growth signal. The stock trades at a P/E of 4.8 with a market cap of ₹27,338 Cr. Investors should review the full earnings analysis for detailed insights.

Is LIC Housing Fin. planning capital expenditure?

LIC Housing Finance is making significant investments in digital technology and IT infrastructure, including: - Implementation of a new IT straight-through process (STP) started around January/February of last year for digital onboarding and credit appraisal.

Keep LIC Housing Fin. on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.