LIC Housing Finance Limited operates in the Mortgage bankers and correspondents sector.
In addition to historical fundamental analyses, the complete report available to purchase compares LIC Housing Finance Limited with three other
financial institutions in Asia:
Aavas Financiers Ltd
(2019
sales of 6.20 billion Indian Rupees [US$85.90 million]
of which 100%
was Lending to borrowers),
PNB Housing Finance Ltd
(76.79 billion Indian Rupees [US$1.06 billion]
of which 100%
was Loans against/for purchase, construction), and
Housing and Urban Development Corporation Ltd
(55.48 billion Indian Rupees [US$768.90 million]
of which 100%
was Personal Loan).
Sales Analysis.
LIC Housing Finance Limited reported sales of 173.60 billion Indian Rupees (US$2.41 billion)
for the
fiscal
year ending
March of 2019.
This
represents
an
increase of 15.6%
versus 2018, when the company's sales were 150.14 billion Indian Rupees.
Sales at LIC Housing Finance Limited have increased during each of the previous five years
(and since 2014, sales have increased a total of 86%).
Sales of Loans saw an increase
of
17.0% in 2019, from
148.41 billion Indian Rupees to 173.62 billion Indian Rupees.
Not all segments of LIC Housing Finance Limited experienced an increase in sales in 2019:
sales of Intersegment Adjustments fell 29.0% to 76.70 million Indian Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
LIC Housing Finance Limited also experienced decreases in sales in
Other Segments (down 0.2% to 528.20 million Indian Rupees)
.