Housing & Urban Development Corporation Ltd.
HUDCOFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
6 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (1 of 6 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20240531 | 2024-03-31 | yes | |
| TRANSCRIPT | 20250129 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250514 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250818 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251117 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260731 | 2026-06-30 | yes |
HUDCO
files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | nbfc |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 174.32 |
| 52-week range | 159.58 – 243.93 |
| Return 1M | -6.39% |
| Return 3M | -16.3% |
| Return 1Y | -25.04% |
| Return 3Y | 108.64% |
| Return 5Y | 289.98% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 3,717.00 |
| Other income | 20.00 |
| Total income | 3,737.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 71.00 |
| Finance costs | 2,561.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.75 | 0.00 |
| institutions foreign | 0.02 | 0.00 |
| institutions domestic | 0.10 | -0.01 |
| mutual funds | 0.02 | -0.01 |
| public | 0.25 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 6 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,739.00 | 1,710.00 | 1,862.00 | 1,843.00 | 1,865.00 | 2,013.00 | 2,065.00 | 2,188.00 | 2,518.00 | 2,760.00 | 2,845.00 | 2,937.00 | 3,219.00 | 3,431.00 | 3,563.00 | 3,717.00 |
| Other income | 8.00 | 10.00 | 0.00 | 9.00 | 16.00 | 10.00 | 129.00 | 9.00 | 8.00 | 10.00 | 10.00 | 8.00 | 32.00 | 74.00 | 62.00 | 20.00 |
| Total income | 1,747.00 | 1,720.00 | 1,862.00 | 1,851.00 | 1,881.00 | 2,023.00 | 2,194.00 | 2,197.00 | 2,526.00 | 2,770.00 | 2,855.00 | 2,945.00 | 3,251.00 | 3,506.00 | 3,625.00 | 3,737.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 46.00 | 39.00 | 53.00 | 47.00 | 55.00 | 32.00 | 98.00 | 40.00 | 66.00 | 60.00 | 64.00 | 68.00 | 66.00 | 74.00 | 60.00 | 71.00 |
| Finance costs | 1,109.00 | 1,132.00 | 1,150.00 | 1,191.00 | 1,217.00 | 1,313.00 | 1,240.00 | 1,464.00 | 1,662.00 | 1,762.00 | 1,859.00 | 1,976.00 | 2,147.00 | 2,394.00 | 2,413.00 | 2,561.00 |
| Depreciation and amortisation | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 4.00 | 3.00 | 3.00 | 3.00 | 4.00 | 2.00 |
| Other expenses | 32.00 | 27.00 | 68.00 | 36.00 | 26.00 | -20.00 | -90.00 | 7.00 | -204.00 | 30.00 | 47.00 | 30.00 | 32.00 | 30.00 | 54.00 | 37.00 |
| Total expenses | 1,215.00 | 1,380.00 | 998.00 | 1,253.00 | 1,274.00 | 1,327.00 | 1,251.00 | 1,512.00 | 1,526.00 | 1,838.00 | 1,835.00 | 2,088.00 | 2,296.00 | 2,717.00 | 3,004.00 | 2,671.00 |
| Profit before exceptional items and tax | 532.00 | 340.00 | 864.00 | 598.00 | 606.00 | 696.00 | 943.00 | 685.00 | 1,000.00 | 932.00 | 1,020.00 | 857.00 | 955.00 | 788.00 | 621.00 | 1,066.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 532.00 | 340.00 | 864.00 | 598.00 | 606.00 | 696.00 | 943.00 | 685.00 | 1,000.00 | 932.00 | 1,020.00 | 857.00 | 955.00 | 788.00 | 621.00 | 1,066.00 |
| Current tax | 111.00 | 101.00 | 114.00 | 113.00 | 114.00 | 124.00 | 160.00 | 126.00 | 136.00 | 182.00 | 190.00 | 141.00 | 184.00 | 151.00 | 170.00 | 206.00 |
| Deferred tax | 25.00 | -15.00 | 111.00 | 39.00 | 41.00 | 53.00 | 83.00 | 1.00 | 175.00 | 15.00 | 102.00 | 86.00 | 61.00 | -76.00 | -1,530.00 | 9.00 |
| Tax expense | 136.00 | 86.00 | 225.00 | 152.00 | 155.00 | 177.00 | 243.00 | 127.00 | 311.00 | 197.00 | 293.00 | 227.00 | 245.00 | 75.00 | -1,360.00 | 215.00 |
| Profit for the period | 396.00 | 254.00 | 639.00 | 446.00 | 452.00 | 519.00 | 700.00 | 558.00 | 689.00 | 735.00 | 728.00 | 630.00 | 710.00 | 713.00 | 1,981.00 | 851.00 |
| Profit attributable to owners | — | 0.00 | — | 0.00 | 0.00 | 0.00 | — | — | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — |
| Profit attributable to non-controlling interests | — | 0.00 | — | 0.00 | 0.00 | 0.00 | — | — | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — |
| Other comprehensive income | -4.00 | -2.00 | 19.00 | 7.00 | -5.00 | 4.00 | 13.00 | -19.00 | -152.00 | 106.00 | -100.00 | -944.00 | 113.00 | 248.00 | 26.00 | 39.00 |
| Total comprehensive income | 392.00 | 252.00 | 658.00 | 453.00 | 447.00 | 523.00 | 714.00 | 539.00 | 537.00 | 841.00 | 627.00 | -314.00 | 823.00 | 961.00 | 2,007.00 | 890.00 |
| Earnings per share, basic | 1.98 | 1.27 | 3.19 | 2.23 | 2.26 | 2.59 | 3.50 | 2.79 | 3.44 | 3.67 | 3.64 | 3.15 | 3.55 | 3.56 | 9.90 | 4.25 |
| Earnings per share, diluted | 1.98 | 1.27 | 3.19 | 2.23 | 2.26 | 2.59 | 3.50 | 2.79 | 3.44 | 3.67 | 3.64 | 3.15 | 3.55 | 3.56 | 9.90 | 4.25 |
| Interest earned | 1,723.00 | 1,693.00 | 1,832.00 | 1,827.00 | 1,844.00 | — | — | — | — | 2,746.00 | 2,821.00 | 2,925.00 | 3,197.00 | 3,419.00 | 3,555.00 | 3,710.00 |
| Fees and commission income | 2.00 | 0.00 | 0.00 | 0.00 | 1.00 | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net gain on fair value changes | 0.00 | 2.00 | 6.00 | 1.00 | 0.00 | — | — | — | — | -0.00 | 9.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend income | 0.00 | 0.00 | 0.00 | 0.00 | 6.00 | — | — | — | — | 0.00 | 0.00 | 0.00 | 8.00 | 0.00 | 0.00 | 0.00 |
| Rental income | 13.00 | 14.00 | 14.00 | 14.00 | 14.00 | — | — | — | — | 14.00 | 14.00 | 13.00 | 13.00 | 12.00 | 7.00 | 7.00 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 7,532.00 | 7,235.00 | 6,954.00 | 7,086.00 | 7,784.00 | 10,311.00 | 13,150.00 |
| Other income | 40.00 | 43.00 | 44.00 | 0.00 | 164.00 | 37.00 | 177.00 |
| Total income | 7,572.00 | 7,278.00 | 6,998.00 | 7,086.00 | 7,948.00 | 10,348.00 | 13,327.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 239.00 | 206.00 | 218.00 | 187.00 | 233.00 | 230.00 | 268.00 |
| Finance costs | 4,848.00 | 4,765.00 | 4,533.00 | 4,507.00 | 4,961.00 | 6,747.00 | 8,931.00 |
| Depreciation and amortisation | 6.00 | 7.00 | 8.00 | 11.00 | 10.00 | 11.00 | 13.00 |
| Other expenses | 127.00 | 143.00 | 137.00 | 163.00 | -99.00 | 131.00 | 146.00 |
| Total expenses | 5,397.00 | 5,049.00 | 4,652.00 | 4,797.00 | 5,105.00 | 6,712.00 | 10,106.00 |
| Profit before exceptional items and tax | 2,175.00 | 2,229.00 | 2,346.00 | 2,289.00 | 2,843.00 | 3,637.00 | 3,221.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 |
| Profit before tax | 2,175.00 | 2,229.00 | 2,346.00 | 2,289.00 | 2,843.00 | 3,637.00 | 3,221.00 |
| Current tax | 451.00 | 423.00 | 419.00 | 435.00 | 510.00 | 635.00 | 646.00 |
| Deferred tax | 15.00 | 227.00 | 211.00 | 153.00 | 216.00 | 293.00 | -1,459.00 |
| Tax expense | 466.00 | 650.00 | 629.00 | 588.00 | 727.00 | 928.00 | -813.00 |
| Profit for the period | 1,708.00 | 1,578.00 | 1,716.00 | 1,701.00 | 2,117.00 | 2,709.00 | 4,034.00 |
| Profit attributable to owners | 0.00 | 0.00 | — | — | — | 0.00 | — |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | — | — | — | 0.00 | — |
| Other comprehensive income | -17.00 | -19.00 | -2.00 | 25.00 | 20.00 | -165.00 | -557.00 |
| Total comprehensive income | 1,692.00 | 1,559.00 | 1,714.00 | 1,726.00 | 2,136.00 | 2,544.00 | 3,477.00 |
| Earnings per share, basic | 8.53 | 7.89 | 8.57 | 8.50 | 10.57 | 13.53 | 20.15 |
| Earnings per share, diluted | 8.53 | 7.89 | 8.57 | 8.50 | 10.57 | 13.53 | 20.15 |
| Interest earned | 7,483.00 | 7,173.00 | 6,888.00 | 6,983.00 | — | 10,200.00 | 13,096.00 |
| Fees and commission income | 6.00 | 6.00 | 3.00 | 3.00 | — | 0.00 | 0.00 |
| Net gain on fair value changes | 0.00 | 9.00 | 12.00 | 7.00 | — | 46.00 | 0.00 |
| Dividend income | 4.00 | 3.00 | 0.00 | 0.00 | — | 7.00 | 8.00 |
| Rental income | 36.00 | 41.00 | 49.00 | 54.00 | — | 56.00 | 45.00 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 76,815.00 | 80,969.00 | 82,162.00 | 93,422.00 | 113,919.00 | 128,496.00 | 149,264.00 | 166,838.00 |
| Property, plant and equipment | 70.00 | 62.00 | 59.00 | 56.00 | 54.00 | 57.00 | 57.00 | 60.00 |
| Capital work-in-progress | 17.00 | 17.00 | 13.00 | 14.00 | 14.00 | 14.00 | 17.00 | 23.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 1.00 | 7.00 | 7.00 | 13.00 | 12.00 | 12.00 | 10.00 | 8.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and cash equivalents | 112.00 | 48.00 | 523.00 | 370.00 | 380.00 | 44.00 | 6.00 | 2.00 |
| Total equity and liabilities | 76,815.00 | 80,969.00 | 82,162.00 | 93,422.00 | 113,919.00 | 128,496.00 | 149,264.00 | 166,838.00 |
| Equity | 14,732.00 | 15,444.00 | 15,723.00 | 16,613.00 | 17,123.00 | 17,968.00 | 18,035.00 | 21,975.00 |
| Equity share capital | 2,002.00 | 2,002.00 | 2,002.00 | 2,002.00 | 2,002.00 | 2,002.00 | 2,002.00 | 2,002.00 |
| Other equity | 12,730.00 | 13,442.00 | 13,721.00 | 14,611.00 | 15,121.00 | 15,966.00 | 16,033.00 | 19,974.00 |
| Total liabilities | 62,083.00 | — | — | — | — | 110,528.00 | 131,229.00 | 144,863.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 3,254.00 | -851.00 | 280.00 | -10,287.00 | -18,602.00 | -31,603.00 | -18,768.00 | -33,912.00 |
| Net cash from investing activities | -527.00 | -352.00 | 445.00 | 435.00 | -479.00 | -939.00 | -365.00 | -884.00 |
| Net cash from financing activities | -3,175.00 | 691.00 | -250.00 | 10,174.00 | 19,090.00 | 32,215.00 | 19,134.00 | 34,793.00 |
| Purchase of property, plant and equipment | 1.00 | 2.00 | -3.00 | 4.00 | 2.00 | 21.00 | 6.00 | 27.00 |
| Net increase in cash | -448.00 | -512.00 | 475.00 | 322.00 | 10.00 | -326.00 | 0.00 | -3.00 |
| con:CFO.BEFORE_TAX | 1,138.00 | 2,257.00 | 1,153.00 | -9,775.00 | -18,339.00 | -30,964.00 | -18,431.00 | -33,294.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 194.00 | 421.00 | 219.00 | 512.00 | 262.00 | 639.00 | 337.00 | 618.00 |
| con:CF_OTHER.OPERATING | 2,310.00 | -2,687.00 | -654.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 8.00 | 8.00 | 0.00 | 1.00 | 23.00 | 27.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 81.81 | 81.81 | 81.81 | 75.17 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 0.75 | 0.75 | 0.75 | 0.75 |
| Domestic institutions | 7.30 | 7.19 | 7.15 | 11.80 | 11.39 | 11.65 | 9.05 | 9.75 | 9.69 | 10.26 | 0.11 | 0.11 | 0.11 | 0.10 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 2.21 | 0.02 | 0.03 | 0.03 | 0.02 |
| Insurance companies | 6.11 | 6.03 | 5.96 | 9.08 | 9.05 | 8.63 | 8.22 | 7.84 | 8.00 | 8.05 | 0.09 | 0.08 | 0.08 | 0.08 |
| Foreign institutions | 0.30 | 0.32 | 0.65 | 1.20 | 1.91 | 2.70 | 2.32 | 2.08 | 2.46 | 1.96 | 0.02 | 0.02 | 0.02 | 0.02 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 18.19 | 18.19 | 18.19 | 24.83 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 0.25 | 0.25 | 0.25 | 0.25 |
| Non-institutional | 10.60 | 10.69 | 10.39 | 11.83 | 11.70 | 10.66 | 13.63 | 13.17 | 12.85 | 12.78 | 0.12 | 0.12 | 0.12 | 0.12 |
| Shares outstanding | 2001900000 | 2001900000 | 2001900000 | 2001900000 | 2001900000 | 2001900000 | 2001900000 | 2001900000 | 2001900000 | 2001900000 | 2001900000 | 2001900000 | 2001900000 | 2001900000 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Shri Sanjay Kulshrestha | Director & Key management pers | Loan | 400,000.00 | 2 |
| Shri M. Nagaraj | Director & Key management pers | Loan | 0.00 | 1 |
| Shri D. Guhan | Director & Key management pers | Loan | 0.00 | 1 |
| Shri Vikas Goyal | Director & Key management pers | Loan | 0.00 | 1 |
| Shri Daljeet Singh Khatri | Director & Key management pers | Loan | 0.00 | 1 |
| Smt Reva Sethi | Director & Key management pers | Loan | 0.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-07-31 | Q1FY27 | CORPORATION LIMITED | Read the call |
| 2025-11-17 | Q2FY26 | A N AVft.ATNA CPSI!, LIMITED, hullca, ~dil | Read the call |
| 2025-08-18 | Q1FY26 | (CORPORATE, CORPORATION LIMITED, DEVELOPMENT CORPORATION LIMITED, LIMITED, MANAGING DIRECT | Read the call |
| 2025-05-14 | Q4FY25 | Read the call | |
| 2025-01-29 | Q3FY25 | CORPORATION LIMITED, URBAN | Read the call |
| 2024-05-31 | Q4FY24 | Arman:, LIMITED, Shoumik Ganguly: | Read the call |
What they said about it, quarter by quarter
| Topic | Q1FY26 | Q1FY27 | Q2FY26 | Q3FY25 | Q4FY24 | Q4FY25 |
|---|---|---|---|---|---|---|
| Capex | But does project implementation delays or government capex momentum delays and execution, especially from the Central Government- led projects, do the… | — | And the states are very prudent in planning in their capital expenditure now. | Regarding the growth numbers, yes, last year was very favorable, and this is because of the tailwinds available in the infrastructure sector and the c… | So, my next question would be -- are there any capex plans for the coming years? | — |
| Capital allocation | — | Government has started in a big way acquisition of and also master planning. | — | — | We had raised our dividend bar from 38.5% to 41.5%. | — |
| Costs | — | — | — | However, if you go for the SDL, there will be a holding cost with the states and for HUDCO loans, they can use as a tap arrangement, so they will be s… | If you see the borrowing side also, we had raised around 22,000 crores and for this incremental cost, we had been able to reduce our cost of fund from… | — |
| Debt and cash | — | So, you have to understand that the ecosystem in which HUDCO was, it is not a kind of -- the bankable projects are almost ready and a lot of cash flow… | — | Of course, presently, our more than 75% of the loans are backed by the government guarantees, but we had off late started doing the cash flow based pr… | Yes, actually there are -- since we are only restricting ourselves to the state governments and state government entities, the definition of the banka… | So whatever we had not done in last cycle of NPA, I think with all these policy measures of the government, Government of India and the regulatory fra… |
| Demand | No, I think this is a very pertinent question, and that's why you can see our sanction pipeline. | So, some housing projects are also in the pipeline. | So there is a lot of gearing that we can do towards the financing of the infrastructure as we have our pipeline, which is very strong. | And with this PMAY 2.0 push from the Government of India, we are definitely sure that we will be maintaining this kind of loan book for another 2 to 3… | So this is also a good sign, and we have a fairly good pipeline for future, since we had committed around INR82,000 crores. | First is, what is our current order book? |
| Guidance | So sir, this loan book guidance of INR1,50,000 Crore honestly seems to be very conservative. | Because I mean, if you've got clear visibility from Gujarat and Bihar personally sanctioning and disbursing INR2 lakh crore, I think this guidance of … | And second, if you could tell us about your loan growth guidance? | So first question is on the overall loan growth guidance. | So that is the emphasis that we as a company is making so that the income can come in the current financial year and as per the guidance you are askin… | So are you giving a NIM guidance basis NII and cost of funds going forward? |
| Margin | And sir, just to understand your margin dynamics, you said Q1 typically because the disbursements were towards the fag end of the quarter, that result… | — | So with all these measures, where do you think the second half margin trajectory could be? | — | — | Sir, just could you color on NIM, net interest margin, how it is likely to be in next 2 years, while the rate of interest is going down? |
| Pricing | — | — | — | — | And thank you for all your support that you are continuously providing, and it can be reflected in our pricing of the shares and the capitalization of… | We'll be going in fact, risk-based pricing, depending upon the viability of the project, project to project we'll be pricing it, which will be very co… |
| Revenue growth | Firstly, many congratulations on a fantastic loan book growth of 30% and 8% quarter-on-quarter, very heartening to see that. | So, what kind of growth at least in the near term for '27, '28 are you kind of projecting or internal targets you have on the disbursement and AUM gro… | So, I think they will be working as a catalyst towards the growth of the company. | At the same time, the growth of Company in the last 5 years was not so high, so you can say it was muted. | The profits are also good, which have increased from INR1,700 crores in FY 2023 to more than INR2,100 crores and we have registered a growth of around… | — |