lic housing finance share price Today?

 Lic housing finance share price Today? LIC Housing - Annual Income Statement, Balance Sheet, and Cash Flow Statement Analysis

From a financial standpoint, LIC Housing shares currently have a present Income Statement of $145.11 Million and a Cash Flow Statement of $-97.15 Million from the past 9 months. The Company generates an estimated amount of earnings before taxes annually, of which is 56.78 per share, and Book Value Place tried to value the aggregate worth of LIC Housing shares at 0.85 times its total sales currency on the date 12/23/18.

Lic Housing Finance Introduction

LIC Housing Finance is one of the largest housing finance companies in India. It offers a wide range of home loan products at competitive interest rates.

The company reported strong growth in its net profit for the financial year ending on March 31, 2018. Its net profit rose by 27% to Rs 2,038 crore compared to Rs 1,613 crore in the previous financial year. Its total income grew by 18% to Rs 12,021 crore during the same period.

The company's gross Non-Performing Assets (NPA) stood at 0.97% of its total assets as on March 31, 2018, down from 1.14% a year ago. Its net NPA also declined to 0.24% from 0.34% during the same period.

The company's capital adequacy ratio stood at 17.01% as on March 31, 2018, which is well above the minimum regulatory requirement of 15%.

The company has a strong track record of paying regular dividends to its shareholders. It has paid dividends for 19 consecutive years since FY2000-01. The dividend payout ratio for FY2017-18 was 35%.

Financial Analysis:

LIC Housing Finance's (LICHF) standalone income for the year 2018-19 grew by 25.6% YoY to Rs 2,614 crore while its net profit was up 34% YoY to Rs 1,211 crore. The key driver for this stellar performance was strong growth in advances which grew by 37% YoY to Rs 1.41 lakh crore during the year.

While LICHF's NIMs have come down marginally over the last few quarters, they remained healthy at 3.51% during FY19. The company's capital adequacy ratio stood at 18.39% at the end of March 2019, well above the regulatory requirement of 15%.

Looking at LICHF's balance sheet, we see that it has been able to maintain a healthy loan mix with 54% of its portfolio towards retail home loans and the rest towards SME & corporate lending as on March 31, 2019. Its exposure to developer loans has also come down sharply over the last few years and stood at just 3% of its overall loan book as on March 31, 2019.

In terms of asset quality, LICHF reported a gross non-performing assets (NPA) ratio of 0.96% and a net NPA ratio of 0%. Its provision coverage ratio also stood at a comfortable level of 97%.

The company's cash flow from operations improved significantly in FY19 and was up 83% YoY to Rs 5,206 crore

Ratio Analysis:

The purpose of this section is to analyze LIC Housing's annual income statement, balance sheet, and cash flow statement.

Income Statement:

LIC Housing's income statement for the year ended March 31, 2020, shows a total income of Rs. 10,487 crores. Of this, Rs. 8,695 crore is from interest on loans and advances, while the remaining Rs. 1,792 crore is from other income sources. The company's total expenditure for the year was Rs. 5,037 crores, resulting in a net profit of Rs. 5,450 crore.

Balance Sheet:

As of March 31, 2020, LIC Housing's balance sheet showed total assets worth Rs. 1,17,374 crore and total liabilities of Rs. 43,438 crores. This resulted in a net worth of Rs. 73,936 crores for the company.

Cash Flow Statement:

For the year ended March 31st, 2020, LIC Housing's cash flow from operating activities was at Rs 6293 cr., Cash flow from investing activities stood at RS -5496 cr., Cash flow from financing activities was at RS -1174 cr., while other cash flows were at RS 0 cr. This resulted in a net increase in cash and cash equivalents of RS 365 cr. over the previous year

A securities analyst analyzes the Value Line Investment Survey and compared LIC Housing, Inc. to its industry peers. It is a stock on the NASDAQ as of 1/1/1980 and had a PE ratio of 6.63 at that time. The current trailing PE ratio is 56.78, giving it a current PEG (price/earnings growth) ratio of 5.96, which means that shares are relatively inexpensive when

LIC Housing, Inc. is a stock on the NASDAQ as of 1/1/1980 and had a PE ratio of 6.63 at that time. The current trailing PE ratio is 56.78, giving it a current PEG (price/earnings growth) ratio of 5.96, which means that shares are relatively inexpensive when compared to its industry peers. The company's annual income statement, balance sheet, and cash flow statement were all analyzed to come up with this conclusion.

The securities analyst who did the analysis started by looking at the company's revenue and net income for the past few years. He then looked at the company's balance sheet to analyze its assets and liabilities. Finally, he looked at the cash flow statement to see how much cash the company was generating from its operations.

Based on his analysis, the analyst concluded that LIC Housing, Inc. is a good investment at its current price. He believes that the company is undervalued by the market and has significant upside potential in the long run.

Lic Housing Finance Performance

In the last year, LIC Housing Finance's (LIC HFL) stock price has tanked by over 60%. The main reason for this sharp decline in stock price is the worsening asset quality of the company. In this article, we will take a look at LIC HFL's annual income statement, balance sheet, and cash flow statement to get a better understanding of the company's financials.

LIC HFL's income from operations grew by just 1% in FY17 to Rs 17,687 crore. This was mainly due to an increase in provisions for bad loans, which grew by 63% to Rs 4, provision for standard restructured assets which grew by 40% to Rs 385 crore, and interest reversal which fell by 6% to Rs 105 crore. Overall, net interest income (NII) grew by a mere 2% to Rs 11,068 crore in FY17.

The other key income head for housing finance companies is income from fees and charges. LIC HFL's fee income growth was muted at 3% in FY17 to Rs 1,843 crore. This was owing to a drop in processing fees as well as penal interest charged on late payments of EMIs by borrowers.

Non-interest income fell sharply by 21% in FY17 to Rs 493 crore due to write-offs of pre-payment penalties charged on customers who refinanced their loans with other banks/NBFCs.

Interest expenses increased by 7%

Lic Housing Finance Earning Report

LIC Housing Finance reported a standalone net profit of Rs 1,215.70 crore for the quarter that ended December 31, 2015, up 22.41% from Rs 992.54 crore in the corresponding quarter a year ago.

The company's total income rose to Rs 5,938.17 crore in Q3 FY16 from Rs 4,879.93 crore in Q3 FY15.

Its asset quality improved with gross non-performing assets (NPA) as a percentage of gross advances coming down to 1.80% at the end of December 2015 from 2.13% at the end of September 2015 and 2.42% at the end of December 2014.

LIC Housing's net NPA ratio declined to 0.61% at the end of December 2015 from 0.73% three months ago and 0.90% a year ago.

Lic Housing Finance Asset

Lic Housing Finance Asset is one of the leading asset management companies in India with a strong focus on providing housing finance. The company has an excellent track record in managing its finances and has reported strong growth in its annual income, balance sheet, and cash flow statement.

The company's focus on housing finance has helped it to build a strong customer base and maintain high standards of asset quality. Its diversified product mix and effective marketing strategies have enabled it to capture a large market share.

The company's income statement for the year ended March 31, 2017, shows a healthy growth of 26.4% over the previous year. The net interest income grew by 28.1% while other income grew by 19.5%. The total income grew by 26.4% to Rs 6,716 crore from Rs 5,325 crore in the previous year.

The company's balance sheet as on March 31, 2017, shows a sound financial position with total assets exceeding Rs 1 lakh crore for the first time. The loan book grew by 23% to Rs 80,394 crore while deposits increased by 21% to Rs 1,04,550 crore. The net worth stood at Rs 12,533 crore as on March 31, 2017.

The company's cash flow statement for the year ended March 31, 2017, shows that it generated a healthy operating cash flow of Rs 8,128 crore which was used to finance its expansion plans and reduce debt levels. The company's net debt stood


Conclusion

LIC Housing is one of the most important housing finance companies in India and their financial statements are a reflection of that. The company's annual income statement, balance sheet, and cash flow statement provide valuable insights into the company's overall health and performance. By analyzing these financial statements, we can gain a better understanding of LIC Housing's business operations and make more informed investment decisions.


Pros

When it comes to LIC housing, there are a few key pros that make it worth considering as an investment. First and foremost, the company has a strong market share in the Indian home loan industry, which gives them a good chance at continued success. Furthermore, their annual income statements and balance sheets are very healthy, suggesting that they are well-managed and have a good handle on their finances. Finally, their cash flow statement is also very strong, indicating that they have the resources to weather any potential storms in the future.

Cons

Assuming that the cost of living in Mumbai stays the same, an annual income of Rs. 2 lakhs is not sufficient to afford a house outright in Mumbai. The monthly installment for an Rs. 20 lakh loan at 8% p.a. over 20 years works out to be Rs. 18,765. Add to this the EMIs for other debts and you will have very little left over at the end of each month for other expenses.

Even if you do manage to get a loan and buy a house, you will find it difficult to keep up with the maintenance costs. These can range from Rs. 5,000 to Rs. 10,000 per month, depending on the size and condition of your home. Then there are society charges which can be anywhere from Rs. 1,500 to Rs. 5,000 per month. If anything goes wrong inside your house – a burst pipe or a short circuit – you will have to spend even more money on repairs.


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