Housing & Urban Development Corporation Limited — Investor Meet, 18-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

HUDCO delivered a robust Q1 FY26. Sanctions surged 143% QoQ to INR 34,000 Cr, with disbursements at an all-time high of INR 12,800 Cr. The loan book expanded 8% QoQ to INR 1.34 Lakh Cr. Net NPAs are near zero (<0.1%), targeting full resolution. Management maintains a strong 3% NIM and healthy 5.93x debt-to-equity. The company targets exceeding INR 1.5 Lakh Cr loan book this year, fueled by vast infrastructure opportunities under 'Viksit Bharat' and new urban financing avenues like the Urban Challenge Fund. Management is optimistic about continued growth, asset quality, and cost of funds.