āagman

Not investment advice. Data and computed figures, for information only.

Housing & Urban Development Corporation Ltd

NSE: HUDCO
₹161.06
−₹2.99 (−1.82%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹31,980 Cr
CMP
₹161.06
52-wk High / Low
₹247 / 156
P/E
7.5
P/B
1.5
Book Value
₹110.0
Div Yield
3.79%
ROCE
8.4%
ROE
20.0%
Face Value
₹10
D/E
6.45

Price−30.9% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹223
√(22.5 × EPS × book value per share)
Cash flow to profit
−8.41
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Sustainable growth
14.3%
ROE × earnings retention ratio
ROE stability
2.6
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.18DII −0.94
Latest quarter vs the previous one
Cash-accrual divergence
25.7%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 2.1pp over the last year
+PE of 7.5x is below the sector median of 20.4x
Watch-outs
−Latest ROCE of 8.4% trails the sector median of 9.4%
−Borrowings are up 456.7% since FY2016 (25449 to 141677)
−Price trades below its 200-day moving average (0.8x)
−Price is 34.8% below its 52-week high
−Promoter holding fell by 6.8pp over the last year
−Piotroski F-Score of 3/9 is in the weak band (≤3)
−Balance-sheet accruals of 25.7% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,8431,8652,0132,0652,1882,5182,7602,8452,9373,2193,4313,5633,717
Expenses605512847−13873−28109147320587109
Operating Profit—————————————
OPM %—————————————
Other Income91610129981010832746220
Interest1,1911,2171,3131,2401,4641,6621,7621,8591,9762,1472,3942,4132,561
Depreciation2222233433342
Profit before tax5986066969436851,0009321,0208579557886211,066
Net Profit4464525197005586897357286307107131,981851
EPS (₹)2.232.262.593.502.793.443.673.643.153.553.569.904.25

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,3833,2703,5364,2285,5847,5677,2676,9867,0827,83110,34513,15013,930
Expenses477319468526652544277111279134−461,1621,162
Operating Profit—————————————
OPM %—————————————
Other Income443798674111141174177189
Interest1,7751,9081,9862,2953,0714,8484,7654,5334,5074,9616,7478,9319,515
Depreciation555556781110111312
Profit before tax1,1701,0761,1751,4081,8632,1742,2292,3462,2892,8433,6373,2213,430
Net Profit7687838421,0101,1801,7081,5781,7161,7012,1172,7094,0344,255
EPS (₹)383.803.914.215.045.898.537.898.578.5010.5713.5320.1521.26

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital2,0022,0022,0022,0022,0022,0022,0022,0022,0022,0022,0022,002—
Reserves5,7796,4447,1667,9408,95310,34011,18612,46513,44214,61115,96619,974—
Other Liabilities7,0181,9991,9752,6952,0262,3472,7922,9242,6212,8143,2313,186—
Total Liabilities33,11435,89439,33948,91472,82876,12676,95878,89480,96993,4221,28,4961,66,838—
Fixed Assets757372717165829390888888—
CWIP253943353952392519151623—
Investments7563673675275342322502576302971,3182,227—
Other Assets32,25935,41538,85748,28172,18575,77776,58878,51880,23093,0221,27,0741,64,500—
Total Assets33,11435,89439,33948,91472,82876,12676,95878,89480,96993,4221,28,4961,66,838—
Borrowing18,31525,44928,19636,27759,84861,43760,97861,50362,90573,9961,07,2971,41,677—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−3,663−182−4,965−2,598−7,830−23,400−1,3362,161−806−851−10,287−31,421−33,912
Cash from Investing Activity−80−13372−5−41883−14−1−352435−1,041−884
Cash from Financing Activity3,3752044,6592,5097,85823,4221,365−1,0838169110,17432,21834,793
Net Cash Flow−368966−9324391121,063−726−512322−244−3

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %————————————8.4
ROE %11.010.010.09.011.011.015.012.012.011.013.016.020.0
EPS (₹)366.64383.803.914.215.045.898.537.898.578.5010.5713.5320.15
Book Value (₹)————————————110.0
Face Value (₹)————————————10
P/E————————————7.5
Div Yield %————————————3.79
NPM %—22.423.723.223.921.122.621.724.524.026.626.230.3
OPM %—————————————
D/E—2.353.013.083.655.464.984.624.254.074.455.976.45
P/B————————————1.5

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+15.0%
5 years+13.0%
3 years+23.0%
TTM+26.0%
Compounded profit growth
10 years+18.0%
5 years+20.0%
3 years+33.0%
TTM+53.0%
Stock price CAGR
5 years+29.0%
3 years+21.0%
Last year−31.0%
Return on equity
10 years14.0%
5 years15.0%
3 years17.0%
Last year20.0%

Shareholding pattern

As of 31 Dec 2025
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters89.81%89.81%89.81%89.81%89.81%81.81%81.81%75.00%75.00%75.00%75.00%
FIIs0.34%0.34%0.07%0.14%0.10%0.21%0.30%1.91%2.46%2.22%2.40%
DIIs3.19%3.19%2.80%2.76%2.29%7.96%7.29%11.39%9.69%11.03%10.09%
Government———————————
Public6.66%6.66%7.32%7.29%7.81%10.02%10.61%11.70%12.85%11.74%12.49%
No. of shareholders2,82,4082,82,4082,83,2662,70,5532,81,3063,27,1043,30,6155,52,6379,32,3897,90,4127,57,055
Change since Jun 2023 (pp)
Promoters −14.81FIIs +2.06DIIs +6.90Public +5.83

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Business Performance For The Half Year Ended 30Th September, 2026Intimation Regarding Extension Of Tenure Of Chief Compliance OfficerClosure of Trading WindowCorporate Disclosure
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingMay 2026PPTMay 2026PPTFeb 2026TranscriptFeb 2026PPTNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

As of 17 Aug 2026
17 Aug 2026DIVIDENDDividend - Rs 1.50 Per Share—
31 Jul 2026DIVIDENDInterim Dividend - Rs 1.25 Per Share—
27 Mar 2026DIVIDENDInterim Dividend - Rs 1.25 Per Share—
6 Feb 2026DIVIDENDInterim Dividend - Rs 1.15 Per Share—
19 Nov 2025DIVIDENDInterim Dividend - Re 1 Per Share—
8 Sep 2025DIVIDENDDividend - Re 1.05 Per Share—
14 Aug 2025DIVIDENDInterim Dividend - Rs 1.15 Per Share—
13 Mar 2025DIVIDENDInterim Dividend - Rs 1.05 Per Share—
30 Jan 2025DIVIDENDInterim Dividend - Rs 2.05 Per Share—
13 Sep 2024DIVIDENDDividend - Rs 2.65 Per Share—
28 Mar 2024DIVIDENDInterim Dividend - Rs 1.50 Per Share—
8 Sep 2023DIVIDENDDividend - Rs 3.10 Per Share—
21 Mar 2023DIVIDENDInterim Dividend - Re 0.75 Per Share—
15 Sep 2022DIVIDENDDividend - Rs 2.75 Per Share—
29 Mar 2022DIVIDENDInterim Dividend - Rs 0.75 Per Share—
16 Sep 2021DIVIDEND Dividend - Rs 1.425 Per Sh—
25 Mar 2021DIVIDEND Interim Dividend - Rs 0.75 Per Share—
10 Sep 2020DIVIDEND Dividend - Rs 2.35 Per Share—
26 Mar 2020DIVIDEND Interim Dividend - Rs 0.75 Per Share—
12 Sep 2019DIVIDEND Dividend - Rs 0.15 Per Share—
20 Mar 2019DIVIDEND Interim Dividend - Re 0.675 Per Share—
8 Mar 2018DIVIDEND Interim Dividend - Re 0.55 Per Share (Purpose Revised)—
14 Sep 2017DIVIDEND Annual General Meeting/Dividend - Re 0.05—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman