Lic Housing Finance Ltd

Provides long term housing finance for individuals and businesses, with a wide reach in India.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Lic Housing Finance Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 110.01 Cr
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 533,244.00 Cr
  • Satisfied Charges ₹ 68,761.18 Cr
  • Revenue Growth 13.64%
  • Profit Growth 26.40%
  • Ebitda 16.76%
  • Net Worth 9.84%
  • Total Assets 9.37%

About Lic Housing Finance

Lic Housing Finance Ltd (LHFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 June 1989 and has a history of 35 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500253 and on the National Stock Exchange(NSE) under LICHSGFIN.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 150.00 Cr and a paid-up capital of Rs 110.01 Cr.

The company currently has active open charges totaling ₹533,244.00 Cr. The company has closed loans amounting to ₹68,761.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Lic Housing Finance Ltd India are Varsha Hardasani as COMPANY SECRETARY and Sudipto Seal as Cfo. Dharmendra Bhandari, Sanjay Khemani, Ramesh Adige, and Eleven other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    L65922MH1989PLC052257

  • Company No.

    052257

  • Stock Symbol

    BSE : 500253 NSE : LICHSGFIN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 1989

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Lic Housing Finance Ltd offer?

Lic Housing Finance Ltd offers a wide range of products and services, including Medical Surgery & Treatment Centres, Medical Treatment Services, Home, Auto & Other Loan Services, Loan Service Providers.

Who are the key members and board of directors at Lic Housing Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Tribhuwan Adhikari Country flag representing In Managing Director03-Aug-2023Current
Varsha Hardasani Company Secretary01-Jun-2022Current
Sudipto Seal Country flag representing In CFO10-May-2019Current

Board Members (13)

NameDesignationAppointment DateStatus
Sanjay Khemani Country flag representing In Director 01-Jul-2019Current
Ravi Takkar Country flag representing In Director 25-Jul-2022Current
Ramesh Adige Country flag representing In Director 01-Sep-2023Current
Ameet Patel Country flag representing In Director 19-Aug-2015Current
Akshay Rout Country flag representing In Director 28-Sep-2020Current
Dharmendra Bhandari Country flag representing In Director 19-Aug-2014Current

Financial Performance of Lic Housing Finance.

Lic Housing Finance Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 13.64% increase. The company also saw a substantial improvement in profitability, with a 26.4% increase in profit. The company's net worth moved up by a moderate rise of 9.84%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
13.64%
Revenue from Operations
13.75%
Total Assets
9.37%
Profit or Loss
26.40%
Net Worth
9.84%
EBITDA
16.76%

What is the Ownership and Shareholding Structure of Lic Housing Finance?

In 2023, Lic Housing Finance had a promoter holding of 45.24% and a public holding of 54.75%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹533,244.00 Cr

Satisfied Charges

₹68,761.18 Cr

Charges Breakdown by Lending Institutions

  • Others : 227500.00 Cr
  • Il & Fs Trust Company Limited : 134851.00 Cr
  • Idbi Trusteeship Services Limited : 82608.00 Cr
  • Sbicap Trustee Company Limited : 48000.00 Cr
  • Axis Trustee Services Limited : 40000.00 Cr
  • Others : 285.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2024Idbi Trusteeship Services Limited₹50,000.00 CrOpen
27 Oct 2022Others₹41,000.00 CrOpen
26 Aug 2021Others₹43,000.00 CrOpen
09 Jun 2020Others₹22,490.00 CrOpen
24 Apr 2019Others₹27,010.00 CrOpen

How Many Employees Work at Lic Housing Finance?

Lic Housing Finance has a workforce of 2349 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lic Housing Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Lic Housing Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Lic Housing Finance

Recent activity within the organization

  • Annual General Meeting

    Lic Housing Finance Ltd last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

    30 Aug 2024

  • Director Appointment

    Anil Kaul was appointed as a Additional Director was appointed as a Additional Director on 07 Jun 2024 & has been associated with this company since 7 months 25 days .

    07 Jun 2024

  • Balance Sheet

    Lic Housing Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 08 Oct 2014 via Charge ID 10528673 with Union Bank Of India was fully satisfied on 27 Mar 2024.

    27 Mar 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 50,000.00 Cr with Charge ID 100860484 was registered on 17 Jan 2024.

    17 Jan 2024

  • Director Appointment

    Ramesh Lakshman Adige was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 5 months .

    01 Sep 2023

Frequently asked questions

  • Lic Housing Finance Ltd was incorporated on 19 Jun 1989.

  • The authorized share capital of Lic Housing Finance Ltd is ₹ 150.00 Cr and paid-up capital is ₹ 110.01 Cr.

  • Currently 16 directors are associated with Lic Housing Finance Ltd.

    • Dharmendra Bhandari
    • Sanjay Kumar Khemani
    • Ramesh Lakshman Adige
    • Anil Kaul
    • Ameet Navinchandra Patel
    • Kashi Prasad Khandelwal
    • Vipan Kumar Kukreja
    • Pottimutyala Koteswara Rao
    • Ravi Krishan Takkar
    • Siddhartha Mohanty
    • Akshay Rout
    • Jagennath Jayanthi
    • Mukkavilli Jagannath
    • Tribhuwan Adhikari
    • Varsha Chandar Hardasani
    • Sudipto Seal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lic Housing Finance Ltd is Bombay Life Bldg. 2Nd Floor 45/47 Veer Nariman Road, India, Mumbai- 400 001., Maharashtra, 400001.

  • The corporate identification number (CIN) of Lic Housing Finance Ltd is L65922MH1989PLC052257 and the company number is 052257 as per Ministry of Corporate Affairs (MCA).

  • Yes, Lic Housing Finance Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): LICHSGFIN.

  • The Official website of Lic Housing Finance Ltd is https://www.lichousing.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lic Housing Finance Ltd has risen by 13.64%.

  • As Per 2023 financial reports, 2349 employees are currently employed by Lic Housing Finance Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lic Housing Finance Ltd has experienced an upsurge of 9.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lic Housing Finance Ltd amount to ₹ 533,244.00 Cr.

  • The most recent Balance Sheet for Lic Housing Finance Ltd was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Housing Finance Companies