Housing & Urban Development Corporation Limited — Investor Meet, 17-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

HUDCO reported record H1 sanctions of INR 92,985 Cr (+22% YoY) and disbursements of INR 26,000 Cr (+19% YoY). The loan book grew 30% to INR 144,000 Cr, with management aiming for 25-30% annual growth and INR 3 Lakh Cr by FY30. Net NPA impressively reduced to 0.07%, targeting zero net NPA within 15 months. The company launched an 'Urban Invest Window' and diversified into private sector lending (ports, airports, roads, energy, real estate), focusing on stringent risk assessment. Management expects Q3 NIMs above 3.1% and substantial NPA resolutions. The outlook suggests strong, strategic expansion and improved asset quality.