Mumbai, May 7, 2025: “Our results reflect not only our strategic initiatives but also the dedication of our talented team and the trust of our stakeholders,” declared Shri Sanjay Kulshrestha, Chairman and Managing Director of Housing and Urban Development Corporation Limited (HUDCO), as he expressed delight over the company’s record-breaking financial results for the fiscal year ending March 31, 2025. The financial outcomes, approved by the Board of Directors in its meeting, underscore HUDCO’s remarkable growth and strategic leadership.
A stellar 28% year-on-year (YoY) increase in Profit After Tax (PAT) was recorded, alongside an impressive 32.46% YoY surge in revenue from operations. The company’s loan portfolio expanded from ₹92,654 crore to ₹1,24,828 crore, reflecting a 34.72% growth. Loan sanctions soared by 55%, and disbursements skyrocketed by 123%. Non-Performing Assets (NPAs) were significantly reduced, with Net NPAs dropping from 0.36% to 0.25% and Gross NPAs declining from 2.71% to 1.67%. Earnings Per Share (EPS) climbed from ₹10.57 to ₹13.53, a 28% rise, signaling robust financial strength for investors.
Strategic initiatives over the past 18 months, including securing Navratna and NBFC-IFC status, tapping the Japanese market for External Commercial Borrowings (ECB), and recovering ₹660 crore from NPA accounts, have been pivotal to this success. HUDCO’s weighted average incremental borrowing cost was lowered from 7.10% to 6.75%, showcasing effective cost management.
Looking ahead, 54EC Capital Gains Bonds are set to be launched on May 7, 2025, enabling access to low-cost, long-term funds. A target of zero Net NPAs within the next 18 months has been established, with plans to raise ₹65,000 crore in borrowings for FY26. A dedicated Urban Development Single Window Solution, in collaboration with multilateral institutions, is also being developed to streamline project support.
Conclusion: HUDCO’s unprecedented FY2024-25 financial results illuminate its strategic foresight and financial resilience. Corporate investors are urged to track HUDCO’s future plans and market performance, as the company is poised to set new benchmarks in India’s infrastructure landscape.
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