LIC Housing Finance to consider FY27 borrowing plan March 25

LIC Housing Finance (LIC HFL) is set to consider a borrowing plan for fiscal year 2027 (FY27) during a board meeting scheduled for March 25, 2026. This follows the company's established practice of securing funds through diverse instruments, including loans, redeemable non-convertible debentures (NCDs), zero-coupon bonds, and securitization, as outlined in its FY2025-26 borrowing strategy approved in March 2025. The upcoming plan is expected to align with regulatory frameworks and market conditions, though specific figures have not yet been disclosed.

In Q3 FY2025, LIC HFL reported total disbursements of ₹15,475 crore, a 2% increase year-over-year, with individual home loan disbursements at ₹12,248 crore and project loans surging by 162% to ₹983 crore. The company's net profit after tax for the quarter rose 23% to ₹1,431.96 crore, driven by a 7% growth in its individual home loan portfolio to ₹2,54,652 crore. Total outstanding loans grew by 6% to ₹2,99,144 crore as of December 31, 2024.

The board's March 25 meeting will likely assess funding requirements to sustain loan growth and operational expansion. Historical borrowing strategies, such as leveraging commercial paper, external commercial borrowings, and refinancing from the National Housing Bank, may inform the FY27 plan. Investors will monitor the outcome for insights into the company's capital management approach amid evolving market dynamics.

[^NUMBER references are illustrative; actual citations align with the provided source materials.]