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    Financial - Mortgages
GIC Housing Finance Limited

GIC Housing Finance Limited

GICHSGFIN.BO
GIC Housing Finance LimitedIN flagBombay Stock Exchange
151.15
INR
+0.80
- -
8.16BMarket Cap
GIC Housing Finance Limited
GICHSGFIN.BO
(Bombay Stock Exchange)

Recent

price

151.15

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
32.43
80.92
98.42
115.79
135.73
162.38
185.74
205.77
227.44
231.52
226.48
211.23
201.51
191.52
192.62
195.39
198.52
Revenue per Share
21.11
10.95
15.78
18.11
19.12
23.12
27.43
38.19
31.9
8.47
19.6
32.22
39.6
28.11
29.79
28.75
28.76
Basic EPS, GAAP
-60.93
-69.78
-48.98
-123.04
-204.93
-216.74
-218.88
-319.74
-305.82
1.41
98.82
237.8
192.59
96.2
-3.75
-60.43
- -
Free Cash Flow per Basic Share
4.5
5.5
4.5
5
6
5
5
5
5.5
5.5
2
4
4.5
4.5
4.5
4.5
- -
Dividend per Share
10
10
10.01
10.01
10.01
10.02
16.03
20.69
16.76
12.29
14.17
14.53
14.84
14.96
15.18
15.1
15.11
Book Value per Share
86.46
91.85
101.85
113.19
122.63
135.89
175.41
207.68
232.86
232.06
246.81
274.55
309.02
333.81
362.3
388.02
388.14
Tangible Book Value per Share
54
54
54
54
54
54
54
54
54
54
54
54
54
54
54
54
54
Basic Weighted Avg Shares
1,748
4,362
5,305
6,236
7,309
8,744
10,002
11,081
12,248
12,468
12,196
11,375
10,852
10,314
10,373
10,522
10,687
Sales/Revenue/Turnover
135.98
17.34
17.52
21.15
20.78
22.62
23.01
30.38
22.77
16.82
25.36
29.57
24.79
18.55
18.28
19.41
21.32
Operating Margin (%)
7
8
21
20
35
8
7
6
7
61
45
87
99
150
150
110
110
Depreciation Expense
1,138
590
850
976
1,030
1,245
1,477
2,056
1,718
456
1,056
1,735
2,132
1,514
1,604
1,548
1,548
Net Income, GAAP
21.91
25.13
24.78
26.8
33.01
34.85
34.95
25.03
30.46
59.37
21.54
24.67
26.43
25.87
22.39
2.76
2.76
Effective Tax Rate (%)
65.08
13.54
16.03
15.64
14.09
14.24
14.77
18.56
14.03
3.66
8.66
15.25
19.65
14.67
15.47
14.71
14.49
Profit Margin (%)
- -
-2,866
-6,896
-7,291
-11,452
-11,511
-13,686
-18,186
-23,404
-20,142
-23,364
-21,230
-26,602
-22,951
-22,129
-27,439
-27,439
Working Capital
23,604
28,310
30,020
36,301
43,590
55,108
64,366
76,512
87,430
91,557
82,221
71,723
56,629
55,573
56,439
56,501
56,501
LT Debt
4,663
4,972
5,507
6,105
6,604
7,318
9,446
11,184
12,540
12,631
13,578
15,108
16,993
18,288
19,648
21,064
21,064
Total Equity
6.05
1.57
1.62
1.97
1.74
1.82
1.77
2.49
1.61
0.66
1.89
2.07
1.74
1.33
1.39
1.81
2.02
Return on Invested Capital (%)
4.22
9.18
2.28
2.35
8.41
2.02
1.96
2.26
1.57
0.39
0.92
1.61
2.18
1.7
1.85
1.75
1.72
Return on Capital (%)
211.19
109.56
157.71
180.88
190.93
230.85
210.65
208
170.4
58.31
148.17
224.58
269.66
188.6
197.66
189.85
189.85
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
34,687
LT Borrowings
89,986
- -
55,875
LT Finance Leases
234
- -
625
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
54
- -
54
Market Capitalization
9,433
9,350
7,095

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
106,248
- -
7,824
Cash, Cash Equivalents & STI
1,682
- -
1,881
Accounts Receivable, Net
2
- -
5
Inventories
- -
- -
- -
Total Current Liabilities
128
- -
35,263
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
34,687
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.38%
9.2%
7.2%
Free Cash Flow
831.56%
296.03%
1,512.49%
Net Income, GAAP
16.02%
12.15%
-3.49%
Sales/Revenue/Turnover
2.1%
-2.86%
1.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,661
2,635
2,598
2,410
10,314
2025
2,591
2,608
2,665
2,683
10,373
2026
2,634
2,662
2,685
2,707
10,522

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.91
5.61
6.62
- -
28.11
2025
7.24
6.78
9.23
6.54
29.79
2026
1.38
9.29
8.11
9.97
28.75

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.5
2025
- -
- -
- -
- -
4.5
2026
- -
- -
- -
- -
4.5
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Business
GIC Housing Finance Limited (GICHSGFIN.BO), a non-banking financial company registered with the National Housing Bank, provides housing finance services across India, primarily granting loans to individuals, cooperative societies, associations of persons, companies, and corporations for the purchase of plots, houses, and flats; construction, repair, renovation, extension, and upgrade of residential properties; balance transfers; affordable home loans; loans against property; and commercial loans. Founded in 1989 as GIC Grih Vitta Limited and renamed in 1993, the company is promoted by General Insurance Corporation of India and its subsidiaries, including National Insurance Company Limited, The New India Assurance Company Limited, The Oriental Insurance Company Limited, and United India Insurance Company Limited, and operates from its headquarters in Mumbai, Maharashtra, with 75 offices nationwide supported by a strong marketing team and builder tie-ups. It targets individual borrowers and residential construction entities in the housing finance sector, offering features such as low EMIs based on CIBIL scores, step-up repayment options, track-my-loan tools, and interest rates from 8.80% p.a. for tenures up to 30 years with loan-to-value ratios of 75-90%. Recent developments include a strategic distribution partnership with Canara HSBC Life Insurance in March 2025 to offer group credit life insurance under the 'Group Asset Secure' product for home loan customers' financial protection; shareholder approval in August 2025 for issuing up to Rs 2,500 crore in non-convertible debentures via private placement and material related-party transactions up to Rs 1,000 crore with promoter group entities; and board reappointments including independent director Damodharan Neelam and non-executive directors BS Rahul, Girija Subramanian, and Sanjay Joshi.