- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
HUDCO's Q3 FY26 earnings call highlighted strong loan book growth of around 25% and significant NPA reduction, bringing net NPA to 0.06%. Management noted a INR470 Cr FCNR forex loss for 9 months, stating this quarter will be the last for such impact. The company targets a INR3 lakh Cr loan book by 2030, supported by a INR2.5 lakh Cr committed sanction pipeline. NIMs are expected to stabilize at 3-3.1%. Debt-to-equity is 7.28x, with plans to reduce it below 6 soon. Growth is fueled by India's urban infrastructure push, leveraging HUDCO's niche in sectors like metros and water projects. Management is confident in continued growth.
All announcements from Housing & Urban Development Corporation Limited