Housing & Urban Development Corporation Ltd

Housing & Urban Development Corporation Ltd (HUDCO) has announced its 56th Annual General Meeting (AGM) will be held on August 24, 2026, at 11:30 AM IST via Video Conferencing. The company has also released its Annual Report for the Financial Year 2025-26, which includes the AGM notice. The report is being sent electronically to members and is available on HUDCO's website and stock exchange portals. The filing also includes unaudited consolidated financial results for the quarter ended June 30, 2026, showing a Net Profit of ₹305.64 crore.

Housing & Urban Development Corporation Ltd (HUDCO) has submitted its Business Responsibility and Sustainability Report (BRSR) for Financial Year 2025-26. This report, which forms part of the Annual Report for FY 2025-26, was filed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The BRSR provides general disclosures, including the company's CIN, year of incorporation (1970), and contact details. It confirms reporting on a standalone basis with reasonable assurance from M/s. Mehta & Mehta. HUDCO's core business is financial services, specifically housing and urban infrastructure finance, contributing 99.59% of its turnover. The company operates nationally through 33 offices, serving state governments and parastatal agencies. In FY 2025-26, HUDCO sanctioned loans worth ₹1,64,757 Crore and disbursed ₹51,194.21 Crore for housing and infrastructure projects, including sustainable energy initiatives. The report also details employee statistics, showing 585 permanent employees.

Housing and Urban Development Corporation Limited (HUDCO) has announced its 56th Annual General Meeting (AGM) will be held on Monday, August 24, 2026, at 11:30 A.M. IST via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company is also submitting its Annual Report for the Financial Year 2025-26, which includes the Notice of the 56th AGM, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report will be sent electronically to members with registered email addresses and a web-link will be provided to those without registered emails. The Annual Report and AGM Notice are available on HUDCO's website and the websites of BSE, NSE, and NSDL.

Housing & Urban Development Corporation Ltd (HUDCO) has announced that the record date for its final dividend for FY 2025-26 has been fixed as August 17, 2026. This dividend is subject to shareholder approval at the 56th Annual General Meeting (AGM), scheduled for August 24, 2026. The AGM will be conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company also set August 17, 2026, as the cut-off date for determining voting rights and the remote e-voting period will run from August 20 to August 23, 2026. The final dividend, if declared, will be paid within 30 days of its declaration.

Housing & Urban Development Corporation Ltd (HUDCO) has announced that its 56th Annual General Meeting (AGM) will be held on August 24, 2026. The meeting will be conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company has set August 17, 2026, as the record date for determining voting rights and for the final dividend payment, subject to shareholder approval. Remote e-voting will be open from August 20 to August 23, 2026. The Annual Report for FY 2025-26, including the AGM notice, will be sent to shareholders.

Housing & Urban Development Corporation Ltd (HUDCO) announced that its Board of Directors, in a meeting held on July 27, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The results are available on the company's website. Additionally, the Board declared the first interim dividend of ₹1.25 per equity share for FY 2026-27, setting July 31, 2026, as the record date for payment. The dividend payment process is expected to be completed within 30 days.

Housing & Urban Development Corporation Ltd (HUDCO) announced that its Board of Directors has fixed July 31, 2026, as the record date for its first interim dividend for the Financial Year 2026-27. The dividend has been declared at ₹1.25 per equity share, representing 12.50% on a face value of ₹10 per share, subject to TDS. The Board also approved the unaudited financial results for the quarter ended June 30, 2026. The dividend payment process is expected to be completed within 30 days of its declaration. Shareholders are advised to refer to the company's website for TDS-related communications.

HUDCO opened FY27 with consolidated net profit of ₹851.1 Cr, up ~35% year-on-year from ₹630.2 Cr, on revenue from operations of ₹3,717.2 Cr (+26.6% YoY). The print is effectively identical on a standalone basis — the lone associate (Shristi Urban Infra) is immaterial and rounds to zero. Net interest-led income did the work: interest income rose ~27% to ₹3,709.6 Cr, and net profit margin widened to 22.77% from 21.40% a year ago. Profit before tax grew a slower 24.4% to ₹1,066.2 Cr; PAT outpaced it because the effective tax rate eased to ~20.2% from ~26.5%, and because the year-ago quarter carried a ₹111.2 Cr fair-value loss that did not recur this period. The sequential optics are misleading and should be discounted: PAT is down 57% versus Q4 FY26's ₹1,981.3 Cr, but that prior quarter was flattered by a one-off ₹1,530 Cr deferred-tax write-back — on a pre-tax basis Q1's ₹1,066 Cr is actually up ~72% over Q4's ₹621 Cr. Management confirms no exceptional or extraordinary items this quarter, so reported and underlying YoY growth are the same ~35%. The margin story sits on the spread: finance costs climbed 29.6% to ₹2,560.7 Cr, slightly faster than interest income, keeping operating margin roughly flat (Annexure A: 28.68% vs 29.18%) even as net margin expanded on the tax and fair-value tailwinds. The result tracks the confident, growth-led guidance from the last concall (loan book ~25%, ₹50,000 Cr FY27 disbursement target, NIM ~3.0-3.1%). Provisional Q1 business data show loan sanctions surging ~93% to ₹65,485 Cr, underpinned by a run of ₹1-lakh-crore state urban-infra MoUs signed this quarter with Odisha, Bihar and Gujarat — the pipeline that feeds future interest income. No published street PAT consensus is on record for this specific quarter, so vs-street is unknown. Alongside the numbers, the Board declared a ₹1.25/share first interim dividend for FY27. Two caveats persist from the auditor's emphasis-of-matter: the ₹734.99 Cr recoverable in the No-Lien AGP account (MoHUA) and continued non-compliance on independent-director count. Debt-equity remains elevated at 6.70x, still above management's stated near-term goal of sub-6x.

Housing & Urban Development Corporation Ltd (HUDCO) has scheduled a Board of Directors meeting for July 27, 2026. The primary agenda includes considering and approving the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026. Additionally, the board will discuss the declaration of the first interim dividend for the financial year 2026-27, if any, and determine the record date. In compliance with SEBI regulations, the trading window for the company's securities, which closed on July 1, 2026, will remain shut until July 29, 2026.

Housing & Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with the Government of Odisha on July 11, 2026. The agreement aims to provide term loans up to ₹1,00,000 Crore over five years for various urban infrastructure projects in Odisha. These include projects under the Urban Challenge Fund (UCF), Bhubaneswar-Cuttack-Puri-Paradeep Economic Region (BCPPER), and Mukhyamantri Sahari Vikas Yojana (MSVY), encompassing land acquisition. HUDCO will also offer project preparation and capacity building support. The MoU is valid for three years, subject to annual review.