Housing and Urban Development Corporation Ltd. share price target

NII fell 2.9% YoY to | 563 crore on account of muted credit growth and weak margins. NIMs were down ~29 bps YoY to 2.96% on account of contraction in yields led by higher lending to social housing segment. Muted topline was offset by lower opex, which led operating profit to come in at | 518 crore. GNPA, NNPA came in at 4.33%, 0.57%, respectively, with absolute GNPA at | 3383 crore. The company said two assets in Chhattisgarh and Rajasthan (that got upgraded in Q2FY21) slipped into NPA. Exposure to Rajasthan, Chhattisgarh was at | 91 crore, | 347 crore wherein provision was at | 31...

Surge in advances growth led by housing segment Given massive shortage in housing with ~4.4 crore units in rural and ~1.9 crore in urban areas coupled with the government's push towards housing through various schemes and subsequent infrastructure development enables ample growth opportunity. In Q1FY20, Hudco reported ~55% YoY growth to | 75890 crore, primarily led by ~59% YoY accretion in housing segment (that contributed ~95.7% of advances). Slippages from exposure to private sector remains a concern...

HUDCO is a wholly-owned Government company with more than 46 years of experience in providing loans for Housing and Urban Infrastructure Projects in India. HUDCO plays a key role in various Governments' schemes to develop the Indian housing and urban infrastructure sectors, such as DAY-NULM, JNNURM and PMAY-HFA (Urban). As a result, loans to State Governments and their agencies consists of 89.9% of the total loan portfolio. Notably, HUDCO registered strong loan growth of ~21% CAGR over FY14-16 in housing finance segment (~31% of the total loans). Further, huge capex plan on urban...

Incorporated in 1970, Housing and Urban Development Corporation Ltd (HUDCO) is a whollyowned Government company with more than 46 years of experience in providing loans for housing and urban infrastructure projects in India. The company provides long term finance for construction of houses and to undertake housing and urban infrastructure development programs. Apart from the financing operations, Hudco offers consultancy services, promotes research and studies and help propagate use of local building materials, cost-effective and innovative construction technologies. As on 31st of December 2016 the company had outstanding loan portfolio of around INR 3,63,860mn out of which around 30.86 per cent was for housing sector and the rest for infrastructure. 89.93 per cent of the total loan was to state governments and their agencies. The company has NIMs of 4.2 per cent plus across the sector. The Gross NPAs were around 6.8 per cent and...

As at December 31, 2016, its total sanctioned loans since inception was Rs. 1,631,372.4 million, Rs. 602,288.7 million of which, or 36.92%, were Housing Finance loans and Rs. 1,029,0873.7 million of which, or 63.08%, were Urban Infrastructure Finance loans. As at December 31, 2016, its total outstanding Loan Portfolio was Rs. 363,858.2 million, Rs. 112,281.4 million of which, or 30.86%, were Housing Finance loans and Rs. 251,576.8 million of which, or 69.14%, were Urban Infrastructure Finance loans and project-linked bonds...

Issue Open: May 08 - May 11 2017. Price Band: Rs. 56 ? 60 (discount of Rs 2 for Retail Investors and employees)

Housing and Urban Development Corporation Ltd (HUDCO) is a whollyowned government company with more than 46 years of experience in providing loans for housing and urban infrastructure projects in India. It has been conferred the status of Miniratna (Category-I PSE) by GoI. As of 31 December 2016, total outstanding loan was |36385.8 crore; of which |11228 crore and |25157 crore were housing finance loans (30.86%) and urban infrastructure finance loans (69.14%) respectively. HUDCO has its registered and corporate office in New Delhi. In addition, they have 21 regional offices and 11 development offices, giving presence...

Incorporated in 1970, Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India. The company provides long term finance for construction of houses and to undertake housing and urban infrastructure development programs. Apart from the financing operations, Hudco offers consultancy services, promotes research and studies and help to propagate the use of local building materials, cost-effective and innovative construction technologies. HUDCO offers loans for housing projects, such as urban and rural housing, co-operative housing, community...

The Company will not receive any proceeds from the Offer for Sale by the Selling Shareholder. The objects of the Offer is to carry out the disinvestment of 10.19% Equity Shares by the Selling Shareholder and to achieve the benefits of listing the...

With more than 46 years of experience in providing loans for housing Recommendation and urban infrastructure projects in India, Housing and Urban Development Corporation Ltd (HUDCO), have been conferred the status Price Band (per share)...

HUDCO is a wholly owned Government company with focus on Housing and Urban Infrastructure Finance in India. The Government is divesting its 10% stake in the company as part of its disinvestment programs. HUDCO has a unique blend of business with focus on financing both housing and urban infrastructure, which has vast untapped opportunity ..

government company with nearly 46 years of experience in providing loans for housing & urban infrastructure projects in India. Conferred the status of Miniratna (Category-I) by the government, it offers housing finance & urban infrastructure loans primarily to state governments & their agencies which constituted 89.9% of its infrastructure finance loans & project-linked bonds. It also provides consulting services for government housing & urban infrastructure programmes, such as DAY-NULM, JNNURM & PMAY-HFA (Urban), through the appraisal & monitoring of...