Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,865 | 2,013 | 2,065 | 2,188 | 2,518 | 2,760 | 2,845 | 2,937 | 3,219 | 3,431 | 3,563 | 3,717 |
| Interest | 1,217 | 1,313 | 1,240 | 1,464 | 1,662 | 1,762 | 1,859 | 1,976 | 2,147 | 2,394 | 2,413 | 2,561 |
| Expenses | 55 | 12 | 8 | 47 | -138 | 73 | -28 | 109 | 147 | 320 | 587 | 109 |
| Financing Profit | 593 | 688 | 817 | 678 | 994 | 924 | 1,014 | 852 | 926 | 717 | 563 | 1,048 |
| Financing Margin % | 32% | 34% | 40% | 31% | 39% | 33% | 36% | 29% | 29% | 21% | 16% | 28% |
| Other Income | 16 | 10 | 129 | 9 | 8 | 10 | 10 | 8 | 32 | 74 | 62 | 20 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 2 |
| Profit before tax | 606 | 696 | 943 | 685 | 1,000 | 932 | 1,020 | 857 | 955 | 788 | 621 | 1,066 |
| Tax % | 26% | 25% | 26% | 19% | 31% | 21% | 29% | 26% | 26% | 10% | -219% | 20% |
| Net Profit | 452 | 519 | 700 | 558 | 689 | 735 | 728 | 630 | 710 | 713 | 1,981 | 851 |
| EPS in Rs | 2.26 | 2.59 | 3.50 | 2.79 | 3.44 | 3.67 | 3.64 | 3.15 | 3.55 | 3.56 | 9.90 | 4.25 |
| Gross NPA % | ||||||||||||
| Net NPA % |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,270 | 3,536 | 4,228 | 5,584 | 7,567 | 7,267 | 6,986 | 7,082 | 7,831 | 10,345 | 13,150 | 13,930 |
| Interest | 1,908 | 1,986 | 2,295 | 3,071 | 4,848 | 4,765 | 4,533 | 4,507 | 4,961 | 6,747 | 8,931 | 9,515 |
| Expenses | 319 | 468 | 526 | 652 | 544 | 277 | 111 | 279 | 134 | -46 | 1,162 | 1,162 |
| Financing Profit | 1,044 | 1,082 | 1,408 | 1,861 | 2,176 | 2,225 | 2,342 | 2,296 | 2,736 | 3,644 | 3,057 | 3,253 |
| Financing Margin % | 32% | 31% | 33% | 33% | 29% | 31% | 34% | 32% | 35% | 35% | 23% | 23% |
| Other Income | 37 | 98 | 6 | 7 | 4 | 11 | 11 | 4 | 117 | 4 | 177 | 189 |
| Depreciation | 5 | 5 | 5 | 5 | 6 | 7 | 8 | 11 | 10 | 11 | 13 | 12 |
| Profit before tax | 1,076 | 1,175 | 1,408 | 1,863 | 2,174 | 2,229 | 2,346 | 2,289 | 2,843 | 3,637 | 3,221 | 3,430 |
| Tax % | 27% | 28% | 28% | 37% | 21% | 29% | 27% | 26% | 26% | 26% | -25% | |
| Net Profit | 783 | 842 | 1,010 | 1,180 | 1,708 | 1,578 | 1,716 | 1,701 | 2,117 | 2,709 | 4,034 | 4,255 |
| EPS in Rs | 3.91 | 4.21 | 5.04 | 5.89 | 8.53 | 7.89 | 8.57 | 8.50 | 10.57 | 13.53 | 20.15 | 21.26 |
| Dividend Payout % | 13% | 13% | 11% | 14% | 36% | 28% | 41% | 45% | 39% | 31% | 30% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 15% | 13% | 23% | 26% | ||
| Compounded Profit Growth | 18% | 20% | 33% | 53% | ||
| Stock Price CAGR | % | 30% | 22% | -26% | ||
| Return on Equity | 14% | 15% | 17% | 20% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 | 2,002 |
| Reserves | 5,779 | 6,444 | 7,166 | 7,940 | 8,953 | 10,340 | 11,186 | 12,465 | 13,442 | 14,611 | 15,966 | 19,974 |
| Borrowing | 18,315 | 25,449 | 28,196 | 36,277 | 59,848 | 61,437 | 60,978 | 61,503 | 62,905 | 73,996 | 107,297 | 141,677 |
| Other Liabilities | 7,018 | 1,999 | 1,975 | 2,695 | 2,026 | 2,347 | 2,792 | 2,924 | 2,621 | 2,814 | 3,231 | 3,186 |
| Total Liabilities | 33,114 | 35,894 | 39,339 | 48,914 | 72,828 | 76,126 | 76,958 | 78,894 | 80,969 | 93,422 | 128,496 | 166,838 |
| Fixed Assets | 75 | 73 | 72 | 71 | 71 | 65 | 82 | 93 | 90 | 88 | 88 | 88 |
| CWIP | 25 | 39 | 43 | 35 | 39 | 52 | 39 | 25 | 19 | 15 | 16 | 23 |
| Investments | 756 | 367 | 367 | 527 | 534 | 232 | 250 | 257 | 630 | 297 | 1,318 | 2,227 |
| Other Assets | 32,259 | 35,415 | 38,857 | 48,281 | 72,185 | 75,777 | 76,588 | 78,518 | 80,230 | 93,022 | 127,074 | 164,500 |
| Total Assets | 33,114 | 35,894 | 39,339 | 48,914 | 72,828 | 76,126 | 76,958 | 78,894 | 80,969 | 93,422 | 128,496 | 166,838 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -182 | -4,965 | -2,598 | -7,830 | -23,400 | -1,336 | 2,161 | -806 | -851 | -10,287 | -31,421 | -33,912 |
| Cash from Investing Activity | -13 | 372 | -5 | -4 | 18 | 83 | -14 | -1 | -352 | 435 | -1,041 | -884 |
| Cash from Financing Activity | 204 | 4,659 | 2,509 | 7,858 | 23,422 | 1,365 | -1,083 | 81 | 691 | 10,174 | 32,218 | 34,793 |
| Net Cash Flow | 9 | 66 | -93 | 24 | 39 | 112 | 1,063 | -726 | -512 | 322 | -244 | -3 |
| Free Cash Flow | -193 | -4,982 | -2,606 | -7,837 | -23,408 | -1,349 | 2,150 | -812 | -853 | -10,283 | -31,442 | -33,906 |
| CFO/OP | 7% | -155% | -72% | -199% | -462% | -13% | 37% | -6% | -6% | -127% | -296% | -278% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 10% | 10% | 9% | 11% | 11% | 15% | 12% | 12% | 11% | 13% | 16% | 20% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 81.81% | 75.17% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| FIIs | 0.65% | 1.20% | 1.91% | 2.70% | 2.32% | 2.08% | 2.46% | 1.96% | 1.94% | 1.97% | 2.22% | 2.40% |
| DIIs | 7.15% | 11.80% | 11.39% | 11.64% | 9.05% | 9.74% | 9.69% | 10.26% | 10.92% | 11.46% | 11.03% | 10.09% |
| Public | 10.41% | 11.83% | 11.70% | 10.66% | 13.63% | 13.17% | 12.85% | 12.78% | 12.13% | 11.56% | 11.74% | 12.49% |
| No. of Shareholders | 3,37,806 | 3,89,764 | 5,52,637 | 6,39,411 | 9,25,775 | 9,18,661 | 9,32,389 | 8,79,366 | 8,43,084 | 8,02,766 | 7,90,412 | 7,57,055 |
Fundamentals
Market Cap₹ 33,145 Cr.
Current Price₹ 166
Stock P/E7.79
Book Value₹ 110
ROCE8.41 %
ROE20.0 %
Dividend Yield3.65 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)26%
Compounded Profit Growth (TTM)53%
Consolidated figures.
Valuation
Market capRs 32,339 Cr
Enterprise valueRs 173,790 Cr
P/E (TTM)7.60x
Price to book1.47x
Price to sales2.32x
EV / EBITDA13.41x
EV / EBIT13.42x
EV / sales12.48x
Earnings yield13.16%
Dividend yield3.75%
P/E, 3-year average13.46x
P/B, 3-year average1.98x
P/E, 5-year average9.86x
P/B, 5-year average1.39x
Profitability
Operating margin (excl. other income)91.16%
Operating margin (incl. other income)92.50%
EBITDA margin93.01%
Pre-tax margin24.63%
Net profit margin30.55%
Net margin, latest quarter22.90%
ROE20.20%
ROCE8.41%
ROA2.73%
ROE, 3-year average16.36%
ROCE, 3-year average9.09%
ROA, 3-year average2.53%
ROE, 5-year average14.57%
ROCE, 5-year average9.05%
ROA, 5-year average2.39%
ROIC (approx.)9.92%
Tax rate-25.23%
Other income / net worth0.80%
Growth
Sales growth (latest year)27.12%
Profit growth (latest year)48.92%
Sales CAGR, 3 years22.91%
Sales CAGR, 5 years12.59%
Profit CAGR, 3 years33.35%
Profit CAGR, 5 years20.64%
Sales growth QoQ4.33%
Profit growth QoQ-57.04%
Sales growth YoY (latest quarter)26.55%
Profit growth YoY (latest quarter)35.05%
Per share
EPS (TTM)Rs 21.26
EPS (latest year)Rs 20.15
EPS (latest quarter)Rs 4.25
EPS, 3-year averageRs 14.75
EPS, 5-year averageRs 12.27
Book value per shareRs 109.77
Sales per shareRs 69.59
Cash flow per shareRs -169.40
Free cash flow per shareRs -169.37
Dividend per share (latest year)Rs 6.05
Dividend per share, 3-year averageRs 4.78
Dividend per share, 5-year averageRs 4.34
Dividends
Dividend payout30.02%
Dividend payout, 3-year average33.31%
Dividend payout, 5-year average37.21%
Efficiency
Asset turnover0.08x
Fixed asset turnover150.02x
Debtor days0 days
Debtors turnover17078.44x
Leverage
Total debtRs 141,677 Cr
Cash and bankRs 226 Cr
Net debtRs 141,451 Cr
Debt to equity6.45x
Net debt / EBITDA10.92x
Interest coverage1.36x
Owners' fund to total sources13.17%
Debt to assets84.92%
Cash flow
Cash from Operating Activity (latest year)Rs -33,912 Cr
Cash from Investing Activity (latest year)Rs -884 Cr
Cash from Financing Activity (latest year)Rs 34,793 Cr
Net Cash Flow (latest year)Rs -3 Cr
Free cash flow (latest year)Rs -33,906 Cr
FCFE (approx.: FCF + change in debt)Rs 474 Cr
Cash from ops / profit, 5 years-6.29x
Statement figures
Net sales (TTM)Rs 13,930 Cr
Net sales (latest year)Rs 13,150 Cr
Sales (latest quarter)Rs 3,717 Cr
Operating profit excl. other income (latest year)Rs 11,988 Cr
Operating profit (latest quarter)Rs 3,609 Cr
Other income (TTM)Rs 189 Cr
EBITDA (TTM)Rs 12,957 Cr
PBDT (TTM)Rs 3,442 Cr
Profit before tax (TTM)Rs 3,430 Cr
Tax (latest year)Rs -813 Cr
Net profit (TTM)Rs 4,255 Cr
Net profit (latest year)Rs 4,034 Cr
Net profit (latest quarter)Rs 851 Cr
Depreciation (TTM)Rs 12 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 9,515 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 1,162 Cr
Total income (latest year)Rs 13,327 Cr
Share capitalRs 2,002 Cr
ReservesRs 19,974 Cr
Shareholders' fundsRs 21,975 Cr
Total assetsRs 166,838 Cr
Net blockRs 88 Cr
Capital work in progressRs 23 Cr
InvestmentsRs 2,227 Cr
ReceivablesRs 1 Cr
Other liabilitiesRs 3,186 Cr
Shares outstanding (crore)200.19
Ownership
Promoter holding75.00% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 7.6 is at the 44th percentile of its own 9.4-year range
(median 8.5, low 3.4, high 32.2).
P/B 1.47 is at the 61th percentile (median 0.88).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | HUDCO | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.3% | -2.8% | -4.6 pts |
| 1 month | -9.5% | -6.8% | -2.8 pts |
| 3 months | -25.1% | -7.6% | -17.4 pts |
| 6 months | +1.2% | +0.4% | +0.8 pts |
| 1 year | -29.3% | -9.9% | -19.4 pts |
| 2 years | -33.6% | -13.6% | -20.1 pts |
| 3 years | +76.0% | +14.2% | +61.8 pts |
| 5 years | +261.8% | +27.9% | +233.9 pts |
74 mutual fund schemes hold about ₹625 Cr.
Over three months 62 bought more and 10 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Aditya Birla SL Midcap Fund | 1.49% | 104 | +13% |
| Aditya Birla SL Midcap Fund | 1.49% | 100 | +13% |
| HSBC Value Fund | 0.53% | 82 | -1% |
| HSBC Small Cap Fund | 0.39% | 75 | -43% |
| HDFC Balanced Advantage Fund | 0.06% | 60 | +17% |
| Bank of India Small Cap Fund | 0.83% | 27 | -8% |
| Bank of India Aggressive Hybrid Fund | 1.09% | 22 | -2% |
| Bajaj Finserv Large & Mid Cap Fund | 0.70% | 17 | +266% |
| ITI Mid Cap Fund | 1.12% | 17 | +11% |
| JM Value Fund | 1.43% | 12 | +9% |
| Edelweiss Balanced Advantage Fund(Q | 0.08% | 11 | +14% |
| Bajaj Finserv Banking and Financial Services Fund | 2.09% | 10 | +70% |
| Bank of India Mid Cap Fund | 1.25% | 10 | +12% |
| HSBC Financial Services Fund | 0.95% | 9 | -24% |
| Motilal Oswal Nifty Midcap 150 Index Fund | 0.21% | 9 | +13% |
| JM Mid Cap Fund | 0.61% | 8 | +68% |
| Nippon India Nifty Midcap 150 Index Fund | 0.21% | 6 | +13% |
| Bajaj Finserv Multi Cap Fund | 0.34% | 5 | +100% |
| ITI ELSS Tax Saver Fund | 1.08% | 5 | +16% |
| HSBC Multi Cap Fund | 0.06% | 3 | -90% |
| Bank of India Banking & Financial Services Fund | 1.20% | 3 | +23% |
| ICICI Pru Nifty Midcap 150 Index Fund | 0.21% | 3 | +14% |
| SBI Nifty Midcap 150 Index Fund | 0.21% | 3 | +13% |
| NJ Value Fund | 1.23% | 2 | +100% |
| Navi Large & Midcap Fund | 0.78% | 2 | +17% |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -853% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 23% of total assets in 2026 |
| explain | Low interest cover Interest cover 1.4x in 2026 |
| look | Auditor change Auditor change 2026-09-10: Housing & Urban Development Corporation Limited has informed the Exchange regarding Change in Auditors of the company. |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Insider trades
NSE insider and takeover-code disclosures| Date | Who | Role | Side | Shares | Value | How |
|---|---|---|---|---|---|---|
| 2021-07-28 | The President of India acting thro | Promoters | other | 16,015,200 | Rs 72.07 Cr | Others |
| 2021-07-27 | The President of India acting thro | Promoters | other | 144,136,800 | Rs 649.17 Cr | Others |
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.
Latest quarter
Jun 2026Revenue ₹3,717 Cr +26.6% vs Jun 2025.
Net profit ₹851 Cr +35.1%.
Activity
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|---|---|---|---|
| Power Finance Corporation Ltd | 106,956 | 4.10 | 9.71 % |
| Indian Railway Finance Corporation Ltd | 104,888 | 14.6 | 5.64 % |
| REC Ltd | 77,009 | 4.80 | 9.71 % |
| Indian Renewable Energy Development Agency Ltd | 31,182 | 15.9 | 8.69 % |
| IFCI Ltd | 19,122 | 107 | 4.90 % |
| Tourism Finance Corporation of India Ltd | 6,432 | 41.7 | 11.1 % |
| Haryana Financial Corporation Ltd | 1,163 | 153 | 3.74 % |
| Gujarat State Financial Corporation | 81 | % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-08-17 | Dividend - Rs 1.50 Per Share | |
| 2026-07-31 | Interim Dividend - Rs 1.25 Per Share | |
| 2026-03-27 | Interim Dividend - Rs 1.25 Per Share | |
| 2026-02-06 | Interim Dividend - Rs 1.15 Per Share | |
| 2025-11-19 | Interim Dividend - Re 1 Per Share | |
| 2025-09-08 | Dividend - Re 1.05 Per Share | |
| 2025-08-14 | Interim Dividend - Rs 1.15 Per Share | |
| 2025-03-13 | Interim Dividend - Rs 1.05 Per Share | |
| 2025-01-30 | Interim Dividend - Rs 2.05 Per Share | |
| 2024-09-13 | Dividend - Rs 2.65 Per Share | |
| 2024-03-28 | Interim Dividend - Rs 1.50 Per Share | |
| 2023-09-08 | Dividend - Rs 3.10 Per Share | |
| 2023-03-21 | Interim Dividend - Re 0.75 Per Share | |
| 2022-09-15 | Dividend - Rs 2.75 Per Share | |
| 2022-03-29 | Interim Dividend - Rs 0.75 Per Share | |
| 2021-09-16 | Dividend - Rs 1.425 Per Sh | |
| 2021-03-25 | Interim Dividend - Rs 0.75 Per Share | |
| 2020-09-10 | Dividend - Rs 2.35 Per Share | |
| 2020-03-26 | Interim Dividend - Rs 0.75 Per Share | |
| 2019-09-12 | Dividend - Rs 0.15 Per Share | |
| 2019-03-20 | Interim Dividend - Re 0.675 Per Share | |
| 2018-09-12 | Annual General Meeting | |
| 2018-03-08 | Interim Dividend - Re 0.55 Per Share (Purpose Revised) | |
| 2017-09-14 | Annual General Meeting/Dividend - Re 0.05 |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
| Order date | Forum | Case |
|---|---|---|
| 2017-09-12 | CESTAT | HOUSING AND URBAN DEVELOPMENT CORPORATION LTD ---VS.--- RAIPUR |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Housing & Urban Development Corporation Ltd?
Housing & Urban Development Corporation Ltd (HUDCO) has a market capitalisation of Rs 33,145 Cr. at the 2026-10-01 close.
What is the P/E ratio of Housing & Urban Development Corporation Ltd?
Housing & Urban Development Corporation Ltd trades at a P/E of 7.79 on trailing twelve-month profit, at the 2026-10-01 close.
What were Housing & Urban Development Corporation Ltd's latest quarterly results?
In the Jun 2026 quarter, Housing & Urban Development Corporation Ltd revenue was Rs 3,717 Cr (+26.6% vs Jun 2025) and net profit was Rs 851 Cr.
What is the 52-week high and low of Housing & Urban Development Corporation Ltd?
The 52-week high is Rs 246.85 and the 52-week low is Rs 159.00.