LIC Housing Finance Ltd. News and Updates

Name: Latest research reports of LIC Housing Finance Ltd. authored by Axis Direct and published by - Trendlyne research reports.
Item: LIC Housing Finance Ltd.
Rating: 5
Author: Axis Direct

Keep track of all breaking news on LIC Housing Finance Ltd. from all sources in a single place.

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LIC Housing Finance Ltd.

31 Jan 2018

568.45

1.42%

Rebound in disbursal of loans may stabilise LIC Housing's profitability

Business Standard

LIC Housing kept pace with its 15 per cent loan growth yet again in Q3

LIC Housing Finance .. has an average target of 636.20 from 5 brokers.

LIC Housing likely to see its profitability stabilising from March quarter

Business Standard | 30 Jan 2018

LIC Housing Finance Ltd.

31 Jan 2018

568.45

1.42%

Result Update:LIC Housing Fin.

Buy: LIC Housing Finance Ltd.

Target

Axis Direct

Q3FY18 PAT at Rs 4.9 bn (down 1.6% YoY) was largely in line with our estimate. Loan growth remained stable at 15.4% with individual loan (ex-LAP) growth at 10.8% (highest in 8 quarters). Disbursements growth was strong at 27% YoY on 32% YoY growth in individual disbursements.

LIC Housing Finance Ltd. is trading below all available SMAs

LIC Housing Finance Ltd.

30 Jan 2018

568.45

1.42%

Result Review of LIC Housing Finance

Accumulate: LIC Housing Finance Ltd.

Target

IDBI Capital

Outlook: LICHF has performed decently on loan growth, however margin compression and deterioration in asset quality has impacted profitability. Composition of loan book in home loan segment has reduced to 83% attributable to sharper growth in LAP and developer loans. Management intends to retain home loan book composition above 80%. Spreads are compressed primarily on account of slower reprising of its borrowings as bulk of it is through NCD's which are fixed rate in nature. As a result, despite being triple AAA rated, its cost of funds is relatively on the higher side. Though asset quality on home loan and LAP segment is fairly robust,...

LIC Housing Finance Ltd. is trading below all available SMAs

LIC Housing Finance Ltd.

29 Jan 2018

568.45

1.42%

LIC Housing Finance (3QFY18): NIM pressure bottoming out. Maintain BUY

Buy: LIC Housing Finance Ltd.

Target

HDFC Securities

Maintain BUY with TP of Rs 655. (2.1x Dec-19 ABV) LICHFs 3Q results came in below expectations, owing to pressure on yields, as NIM further declined 5bps QoQ (42bps YoY) to 2.33%. Disbursement grew strongly at 27.1% YoY to Rs 112.3bn. The loan book growth was at 3.1%/15.4% QoQ/YoY. GNPAs shot up QoQ from 0.8% to 0.87%, owing to higher NPAs in the developers book.

LIC Housing Finance Ltd. is trading below all available SMAs

LIC Housing Finance Ltd.

29 Jan 2018

568.45

1.42%

LIC Housing Finance

Buy: LIC Housing Finance Ltd.

Recommendation

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Headline asset quality continued to witness deterioration in Q3FY18. GNPA, NNPA ratios saw a sequential increase to 0.87%, 0.49% from...

LIC Housing Finance .. has an average target of 636.20 from 5 brokers.

LIC Housing Finance Ltd.

25 Jan 2018

568.45

1.42%

Weak Q3 for LIC Housing Finance, net profit down 1.35% Y-o-Y

Business Standard

Total Revenues increased to Rs 37.675 billion at the end of Q3 FY2018, a six per cent increase year-on-year, from Rs 35.487 billion in Q2 FY2019

LIC Housing Finance .. has an average target of 636.20 from 5 brokers.

LIC Housing Finance reports flat Q3 net

Business Line | 25 Jan 2018

LIC Housing Finance Ltd.

21 Dec 2017

568.45

1.42%

LIC Housing may grow better than estimated

Economic Times

LAP book is growing at the rate of about 15% and he expects it to go up to 17-18%.

LIC Housing Finance Ltd. is trading below all available SMAs

LIC Housing Finance Ltd.

04 Dec 2017

568.45

1.42%

Easier norms open affordable homes to more people: LIC HFL

Business Line

Vinay Sah, the MD and CEO of LIC Housing Finance, is keen as mustard about affordable housing. With the government recently increasing the carpet area of houses eligible for interest subsidy for the...

LIC Housing Finance .. has an average target of 636.20 from 5 brokers.

LIC Housing Finance Ltd.

23 Nov 2017

568.45

1.42%

LIC Housing: Should you buy into correction?

Business Standard

Things have lately not been in favour of LIC Housing given that the stock has lost momentum after it peaked at Rs 794 in August with the decline accentuating post its September quarter (Q2) results declared on October 30. Now trading at Rs 601, LIC Housing has corrected 24 per cent since its peak and is among the underperformers in the recent times. The question is, how much pain really entail for investors and whether the selling seen in the counter is overdone?Operationally, Q2 was disappointing on most fronts, except that it managed to curb its loan loss provisioning after June quarter's heavy spike. Net interest income, the difference between interest earned and interest expended, grew at a crawling pace of 2.5 per cent year-on-year even despite a 15.5 per cent increase in its loan book. The unsettling factor is the dip in profitability or net interest margin (NIM) from 2.7 per cent a year ago to 2.4 per cent in Q2. While even historically LIC Housing hasn't earned the NIMs...

LIC Housing Finance .. has an average target of 636.20 from 5 brokers.

Is LIC Housing Finance Ltd. worth buying?

546 Votes:

Buy 79.67%

Sell 13.0%

Hold 7.33%

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