LIC Housing Finance Limited (LICHSGFIN) Q1 Results FY27 Preview: Date, Time, Expectations & Key Things To Watch

CompoundingAI Research Updated July 25, 2026 3 min read

LIC Housing Finance enters Q1 FY2026-27 navigating a challenging interest rate environment where rising bond yields are putting pressure on funding costs. Investors will be closely watching the impact of these higher borrowing costs on net interest margins and the company's ability to maintain loan growth against aggressive competition from banks.

Quick Details

Results date	July 30, 2026
Quarter	Q1 FY 2026-2027
Market cap	Rs. 29,645.65 Cr
CMP	Rs. 538.95

LIC Housing Finance Limited Q1 Results Date and Time

The company has scheduled a board meeting for July 30, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026.

What to expect from LIC Housing Finance Limited's Q1 FY27 results

Loan originations are expected to show a modest sequential uptick from the seasonally weaker Q4, supported by a 5.0% YoY appreciation in property prices per the latest NHB RESIDEX data. However, net interest margins face clear headwinds as the blended cost of funds faces upward pressure from the 10-year G-sec yield rising ~45 bps from February 2026 levels and a 30-40 bps surge in corporate bond yields during May 2026. With the repo rate held steady at 5.25% throughout the quarter, the company's ability to pass through these higher funding costs is constrained by intense competition from banks offering home loan rates below 9%. Asset quality is expected to remain stable, building on the FY26 exit where the restructuring book had already declined to ₹1,522 Cr by September 2025.

Key Things To Watch

NIM and Cost of Funds: Monitoring the impact of rising bond yields on profitability.

Sequential NIM change against the sector-wide estimate of ~3 bps compression
Blended borrowing cost percentage and the mix shift between NCDs, NHB refinance, and deposits
Quantum of new NCD issuances during the quarter and their respective coupon rates

Loan Disbursement Performance: Tracking growth momentum in the competitive housing finance market.

Actual YoY disbursement growth compared to the ~8% sector-wide estimate
Market share trends in individual home loan originations relative to bank competitors

Management Spread Commentary: Strategic outlook on interest rate sensitivity.

Management view on whether the cost of funds trajectory is peaking or continuing to rise
Planned actions to defend NIMs, including potential use of securitisation or NHB refinance

Frequently Asked Questions

What was the company's loan book size at the end of FY26?

The company reported a consolidated loan book (AUM) of Rs. 3,16,066 Cr as of March 31, 2026. This represented a ~4.4% YoY increase from the Rs. 3,02,778 Cr reported at the end of FY25.

How did the company's cost of funds trend in the previous fiscal year?

The company's approximate cost of funds for FY26 was 7.22%, derived from finance costs of Rs. 19,771 Cr against average borrowings. This figure is a key baseline as the company faces upward pressure from rising bond yields in the current quarter.

What is the status of the company's restructured loan book?

The restructuring book under Resolution Framework 2.0 had run down to Rs. 1,522 Cr by September 2025, compared to Rs. 1,833 Cr in March 2025. Asset quality is expected to remain stable, with Stage-3 deterioration unlikely given the low-volatility nature of housing loans.