Equity Research Report – LIC Housing Finance

𝗙𝗶𝗻𝗸𝗵𝗼𝘇 𝗥𝗮𝘁𝗶𝗻𝗴: 𝟳.𝟳/𝟭𝟬
𝗟𝗜𝗖 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗘𝗾𝘂𝗶𝘁𝘆 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁….

𝗧𝗵𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗖𝗼𝘃𝗲𝗿 –
🔍 Company Overview.
🔍 Company Guidance.
🔍 Expert Opinion.
🔍 Q3 Result Updates.
🔍 Finkhoz Overall Rating.
🔍 Top Peers Comparison.

What if I told you… the most undervalued housing finance stock isn’t a startup or a disruptor?

It’s LIC Housing Finance — a 35-year-old giant with over ₹2.9 lakh Cr loan book and 35 lakh+ customers.
Yet… it trades at just 6.3x P/E and 0.98x P/BV, while peers like Home First trade at over 35x P/E.

𝗪𝗵𝘆?

👉 Because investors focused on its past. But quietly, LIC HFL is scripting a comeback —
👉 NPAs dropped from 4.3% to 2.7%
👉 PAT jumped 23% YoY Digital loans via HOMY app now 35%+ of disbursements

And just like Titan rose from being a sleepy TATA company to a market darling…
LIC HFL might just be that silent compounding story 🧠

Not the fastest. Not the flashiest.
But maybe, just maybe… the most overlooked winner of the next decade.