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LICHSGFIN - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.2

Last Updated Time : 02 Feb 26, 01:17 pm

Fundamental Rating: 4.2

Stock Code LICHSGFIN Market Cap 27,919 Cr. Current Price 508 ₹ High / Low 647 ₹
Stock P/E 5.11 Book Value 699 ₹ Dividend Yield 1.97 % ROCE 8.93 %
ROE 16.0 % Face Value 2.00 ₹ DMA 50 535 ₹ DMA 200 564 ₹
Chg in FII Hold 0.19 % Chg in DII Hold -0.33 % PAT Qtr 1,384 Cr. PAT Prev Qtr 1,354 Cr.
RSI 39.6 MACD -6.11 Volume 17,50,287 Avg Vol 1Wk 14,12,994
Low price 484 ₹ High price 647 ₹ PEG Ratio 0.15 Debt to equity 7.10
52w Index 14.8 % Qtr Profit Var -3.35 % EPS 99.4 ₹ Industry PE 16.7

📊 Financials: LIC Housing Finance demonstrates strong fundamentals with ROE at 16.0% and ROCE at 8.93%, reflecting decent profitability and capital efficiency. Debt-to-equity ratio of 7.10 is high, typical for housing finance companies, but requires monitoring. Quarterly PAT improved slightly from 1,354 Cr. to 1,384 Cr., though profit variation (-3.35%) indicates margin pressure. Cash flows remain stable, supported by lending operations and consistent demand in housing finance.

💹 Valuation: Current P/E of 5.11 is significantly below industry average (16.7), suggesting undervaluation. P/B ratio (~0.73) indicates the stock is trading below book value, offering strong value appeal. PEG ratio of 0.15 highlights attractive growth-adjusted valuation. Intrinsic value analysis suggests entry opportunities around 490–510 ₹, offering margin of safety compared to current price (508 ₹).

🏢 Business Model & Advantage: LIC Housing Finance operates in housing finance, providing loans for residential properties. Its competitive advantage lies in strong brand recognition under LIC, wide distribution network, and trust-based customer relationships. Market cap of 27,919 Cr. positions it as a mid-to-large cap financial player with resilience and growth potential in India’s housing finance sector.

📈 Entry Zone & Holding Guidance: Attractive entry zone: 490–510 ₹. Long-term investors may hold given strong fundamentals, undervaluation, and sector demand. Technical indicators (RSI 39.6, MACD negative) show near-term weakness, but long-term outlook remains positive.

Positive

  • Low P/E (5.11) compared to industry average (16.7) suggests undervaluation.
  • P/B ratio (~0.73) indicates stock trading below book value.
  • PEG ratio of 0.15 highlights strong growth-adjusted valuation.
  • Strong brand presence under LIC with wide distribution network.
  • FII holding increased (+0.19%), showing foreign investor confidence.

Limitation

  • High debt-to-equity ratio (7.10) reflects leverage risk.
  • ROCE (8.93%) is modest compared to sector leaders.
  • Quarterly PAT variation (-3.35%) highlights margin pressure.
  • DII holding decreased (-0.33%), showing reduced domestic institutional support.
  • Dividend yield of 1.97% is moderate, limiting income appeal.

Company Negative News

  • Decline in DII holding (-0.33%) reflects reduced domestic institutional confidence.
  • Weak technical indicators (RSI 39.6, MACD -6.11) show bearish momentum.

Company Positive News

  • Quarterly PAT growth from 1,354 Cr. to 1,384 Cr. highlights earnings resilience.
  • FII inflows (+0.19%) show foreign investor support.

Industry

  • Industry P/E at 16.7 indicates moderate valuation levels.
  • Housing finance sector benefits from rising real estate demand and government support.
  • Companies with strong brand presence and distribution networks hold competitive advantage.

Conclusion

⚖️ LIC Housing Finance demonstrates strong fundamentals with undervaluation, attractive PEG ratio, and brand strength. Despite high leverage and modest ROCE, the company remains a resilient player in housing finance. Entry around 490–510 ₹ is recommended for long-term investors, with cautious monitoring of debt levels and institutional flows.

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