LIC Housing Finance - Credit Headaches Continue
LIC Housing Finance (LICHF.IN) [LIC] reported FY 3Q20 earnings results of INR 5.98 bn (flat YOY), missing consensus by some 12% as a result of...
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LIC Housing – Dizzying Gearing, Soaring Bad Loans
The risks are obvious even if it’s housing lending. Debt/equity is 996% for LIC Housing Finance (LICHF IN), higher than any other NBFC in India as...
432 Views
2020 High Conviction: LIC Housing Finance: A Growth Compounder Ripe for Re-Rating
LIC Housing Finance (LICHF IN) is a veteran housing finance company (HFC) in India and is the second largest pure-play housing finance player in...
851 Views
Indian NBFCs - Equity Opportunities: Pessimism Bottoming Out, Time to Accumulate
India’s Non-Banking Financial Corporation (NBFC) liquidity crisis needs no introduction. Post the default of AAA rated IL&FS in Sep 2018 and...
482 Views
LIC Housing Finance - Not Rational for Bulls or Bears
Recent underperformance leads to a review of the bear thesis. Low PE levels to be expected when the market has reassessed these companies as bank...
425 Views