LIC Housing Finance Limited — Investor Meet, 04-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

LIC Housing Finance reported mixed Q2 FY26 results. Loan portfolio grew 6% YoY to ₹3.11 lakh Cr, but disbursements were flat YoY, though up 24% QoQ. PAT rose 2% to ₹1,353.87 Cr. Net Interest Margins hit a low of 2.62% but are expected to improve as borrowing costs decline. Asset quality strengthened with Stage-3 exposure at 2.51%. Management acknowledges growth challenges from balance transfers, addressing this with revised rates. They are actively exploring new channels and structural changes to boost growth while maintaining profitability amidst intense competition. Positive on Q3/Q4 outlook and asset quality improvements.