High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Dividend: Dividend paying stock. Dividend yield of 3.29%.
Growth: Awesome revenue growth! Revenue grew 27.2% over last year and 96.6% in last three years on TTM basis.
Profitability: Very strong Profitability. One year profit margin are 30%.
Technicals: Bullish SharesGuru indicator.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 37.8% return compared to 7.7% by NIFTY 50.
Size: Market Cap wise it is among the top 20% companies of india.
Momentum: Stock is suffering a negative price momentum. Stock is down -7.5% in last 30 days.
Smart Money: Smart money looks to be reducing their stake in the stock.
Valuation | |
|---|---|
| Market Cap | 37.42 kCr |
| Price/Earnings (Trailing) | 8.79 |
| Price/Sales (Trailing) | 2.65 |
| EV/EBITDA | 2.89 |
| Price/Free Cashflow | -1.1 |
| MarketCap/EBT | 10.91 |
| Enterprise Value | 37.42 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 14.12 kCr |
| Rev. Growth (Yr) | 26.9% |
| Earnings (TTM) | 4.26 kCr |
| Earnings Growth (Yr) | 35% |
Profitability | |
|---|---|
| Operating Margin | 24% |
| EBT Margin | 24% |
| Return on Equity | 19.36% |
| Return on Assets | 2.55% |
| Free Cashflow Yield | -90.69% |
Growth & Returns | |
|---|---|
| Price Change 1W | -0.70% |
| Price Change 1M | -7.5% |
| Price Change 6M | 0.10% |
| Price Change 1Y | -10.1% |
| 3Y Cumulative Return | 37.8% |
| 5Y Cumulative Return | 34.7% |
| 7Y Cumulative Return | 26.1% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -884.31 Cr |
| Cash Flow from Operations (TTM) | -33.91 kCr |
| Cash Flow from Financing (TTM) | 34.79 kCr |
| Cash & Equivalents | 2.08 Cr |
| Free Cash Flow (TTM) | -33.94 kCr |
| Free Cash Flow/Share (TTM) | -169.54 |
Balance Sheet | |
|---|---|
| Total Assets | 1.67 LCr |
| Total Liabilities | 1.45 LCr |
| Shareholder Equity | 21.98 kCr |
| Net PPE | 59.61 Cr |
| Inventory | 0.00 |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | -0.64 |
| Interest/Cashflow Ops | -2.56 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 6.15 |
| Dividend Yield | 3.29% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Dividend: Dividend paying stock. Dividend yield of 3.29%.
Growth: Awesome revenue growth! Revenue grew 27.2% over last year and 96.6% in last three years on TTM basis.
Profitability: Very strong Profitability. One year profit margin are 30%.
Technicals: Bullish SharesGuru indicator.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 37.8% return compared to 7.7% by NIFTY 50.
Size: Market Cap wise it is among the top 20% companies of india.
Momentum: Stock is suffering a negative price momentum. Stock is down -7.5% in last 30 days.
Smart Money: Smart money looks to be reducing their stake in the stock.
Investor Care | |
|---|---|
| Dividend Yield | 3.29% |
| Dividend/Share (TTM) | 6.15 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 21.26 |
Financial Health | |
|---|---|
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 13.16 |
| RSI (5d) | 33.33 |
| RSI (21d) | 31.81 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Buy |
| SharesGuru Signal | Sell |
| RSI Signal | Buy |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Summary of Housing &Urban Development Corp's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the earnings conference call for Q2 FY '26, management provided a strong positive outlook for Housing and Urban Development Corporation Limited (HUDCO). The highlights include:
Sanction and Disbursement Growth: HUDCO achieved record sanctions of approximately INR 92,985 crores for the first half of FY '26, a 22% growth from the previous year when sanctions were INR 76,000 crores. Disbursements also increased by 19%, reaching INR 26,000 crores, compared to INR 21,700 crores in the previous period.
Loan Book Expansion: The loan book grew by 30% from INR 111,000 crores to INR 144,000 crores. Management confirmed a consistent growth rate target of over 25%, maintaining a guidance of 25-30% growth for the loan book.
Cost of Funds: HUDCO successfully reduced its cost of funds to a weighted average of 6.32%, down from 7.12%, enhancing its competitiveness in infrastructure financing.
NPA Management: Gross NPAs declined to INR 1,750 crores (1.21%), with a commitment to reach a zero NPA status within 15 months. The net NPA stands at 0.07%. Management is actively resolving distressed assets, targeting recoveries of approximately INR 900 crores from 10 identified projects.
Urban Infrastructure Initiatives: A new Urban Infrastructure Window was launched, aligned with government objectives. Management discussed plans leveraging the Urban Challenge Fund, targeting a potential requirement of INR 1 lakh crores from state governments.
Future Guidance: HUDCO aims to achieve a loan book of INR 1.6 lakh crores by March 2026, with an ambitious target of INR 3 lakh crores by FY '30. Expected disbursements for FY '26 are maintained at INR 50,000 crores, with plans for even stronger growth driven by a strong sanctions pipeline.
Management emphasizes a strategic focus on sustainable growth while maintaining quality in loans and asset management. The financial metrics and initiatives strongly position HUDCO for continued growth and operational excellence in the urban infrastructure sector.
Question 1: What would be the risk evaluation and underwriting criteria for assessing private loans, and what is the loan growth guidance?
Answer 1: Regarding private sector underwriting, we will follow best practices to ensure asset quality, starting with assessing project bankability and entity investment grade. We will use a two-step grading approach for appraisal and a three-step for monitoring, supported by external consultants initially. As for loan growth, I maintain a guidance of 25% to 30%. The addition of private sector and urban invest window products will act as catalysts for our growth.
Question 2: What is the status of outstanding sanctions that could convert into disbursements?
Answer 2: We currently have outstanding MOUs of approximately INR 7 lakh to INR 8 lakh crores. Documented schemes are around INR 2 lakh crores, with an additional INR 1 lakh crores in non-documented schemes. Therefore, we have a clear pipeline totaling around INR 3 lakh crores, with about INR 2 lakh crores already documented, while the remaining is in various stages of agreement discussions.
Question 3: How do you foresee the margins improving over the next quarters?
Answer 3: I'm optimistic about maintaining our profitability metrics with around 2% spread and 3% NIM. Although fluctuations in international markets impacted our NIMs, I believe we will see improvements as loan book growth continues. In Q3, I anticipate that we will surpass 3.1% NIM due to our strategies and potential rate cuts expected in the December monetary policy.
Question 4: With the significant forex fluctuations, how are your borrowings affected?
Answer 4: We have two types of foreign currency borrowings: FCNR loans maturing up to 1 year and external commercial borrowings with 5-year maturities. While our ECs have sufficient protections in place, our FCNR loans have seen some volatility. We've booked around INR 176 crores in losses due to this but expect the majority of these obligations to mature by February or March, reducing future exposure significantly.
Question 5: What is your stance on maintaining debt-to-equity levels as growth progresses?
Answer 5: Our current debt-equity ratio stands below 7%. We plan to maintain this around 8% while adhering to external borrowing covenants. We are exploring options for perpetual debt but not urgently. This level allows us to finance the expected growth while keeping leverage manageable.
Question 6: What specific growth targets do you have under the Urban Invest Window?
Answer 6: We target INR 1 lakh crores of state government funding as our business potential tied to the Urban Challenge Fund announced by the government. Additionally, INR 2 lakh crores will come from PPP players. We aim to sanction these funds within approximately 18 months, with further disbursement planned over the next 2-3 years, maintaining our spreads at current levels to ensure project viability.
Understand Housing &Urban Development Corp ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| The President Of India Through Secretary Ministry of Housing And Urban Affairs | 54.27% |
| The President Of India Through Secretary Ministry Of Rural Development | 20.73% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Housing &Urban Development Corp against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| PFC | Power Finance Corp | 1.2 LCr | 1.15 LCr | -13.30% | -6.30% | 4.6 | 1.04 | - | - |
| RECLTD | REC | 84.84 kCr | 59.27 kCr | -12.50% | -11.40% | 5.3 | 1.43 | - | - |
| IREDA | Indian Renewable Energy Development Agency | 32.31 kCr | 8.63 kCr | -1.20% | -17.60% | 16.36 | 3.74 | - | - |
| PNBHOUSING | PNB Housing Finance | 30.88 kCr | 8.69 kCr | +9.90% | +51.40% | 13.33 | 3.55 | - | - |
| LICHSGFIN | Lic Housing Finance | 28.85 kCr | 28.69 kCr | -5.00% | -6.40% | 5.03 | 1.01 | - | - |
| IRB | IRB Infrastructure Developers | 23.56 kCr | 7.86 kCr | -0.60% | -11.70% | 24.7 | 3 | - | - |
Comprehensive comparison against sector averages
HUDCO metrics compared to Finance
| Category | HUDCO | Finance |
|---|---|---|
| PE | 8.76 | 16.87 |
| PS | 2.64 | 3.21 |
| Growth | 27.2 % | 13.3 % |
Housing & Urban Development Corp (HUDCO) is a prominent financial institution in India, established in 1970 and headquartered in New Delhi.
With a market capitalization of Rs. 45,319 Crores, HUDCO focuses on providing financing solutions for housing and urban development projects across the country. The company offers a range of term loans tailored for various housing initiatives, including urban and rural housing, community toilets, and slum upgradation. Its clientele includes state government bodies, co-operative societies, corporate borrowers, and retail customers.
In addition to housing projects, HUDCO plays a vital role in financing infrastructure projects such as water supply, sewerage, roads, and social infrastructure developments, which encompass health centers, schools, and sports facilities. The company also supports commercial infrastructure projects like shopping malls, hotels, and entertainment centers.
Furthermore, HUDCO provides consultancy services in architecture, urban planning, and project management. The firm engages in research and training services to enhance capacity and provide technical inputs on sectoral policies and programs.
In terms of financial performance, HUDCO has demonstrated strong growth, with a trailing 12 months revenue of Rs. 9,687.5 Crores and a profit of Rs. 2,681.6 Crores in the past four quarters. The company has achieved impressive revenue growth of 37.8% over the last three years.
Investors benefit from HUDCO’s commitment to returning profits, as the company distributes dividends with a yield of 3.2% annually, having returned Rs. 7.25 dividend per share over the last year.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
HUDCO vs Finance (2021 - 2026)