LIC Housing Finance Ltd Q4FY12 result first cut
RAJESH DESAI
Dear Sir/Madam,
LIC Housing Finance Ltd has announced its Q4FY12 along with Annual FY2012 result on 25th April 2012.
The company’s top line increased by 5.76% QoQ and 24.81% YoY to INR1662.31 crores, while bottom line decreased by 17.09% QoQ and 19.43% YoY to INR253.6 crores. For the whole year of FY2012, the total income increased by 32.70% YoY to INR6141.82 crores while, Profit After Tax (PAT) decreased by 5.46% YoY to INR916.33 crores.
High cost of capital has dragged the company’s profitability. The finance cost of the company increased by ~48% YoY to INR4591.06 crores as against INR3097.70 crores for the corresponding previous year.
The Board of Directors recommended a dividend of Rs.3.60 per Equity share (180%) of Rs.2 each.
|
Q4’12 (INR Crores) |
Consensus |
Actual |
Variance |
|
PAT |
256 |
253.6 |
-1% |
|
Consolidated |
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|
Particulars |
Q4FY12 |
Q3FY12 |
Q4FY11 |
QoQ(%) |
YoY(%) |
FY12 |
FY11 |
YoY(%) |
|
Net Sales & other operating income |
1662.31 |
1571.82 |
1331.83 |
5.76% |
24.81% |
6141.82 |
4628.42 |
32.70 |
|
Operating Profit(Excluding OI) |
1581.29 |
1600.04 |
1244.41 |
-1.17% |
27.07% |
5731.02 |
4147.80 |
38.17 |
|
OPM(%) |
95.13% |
101.80% |
93.44% |
-667 |
169 |
93.31% |
89.62% |
370 |
|
PAT |
253.6 |
305.89 |
314.76 |
-17.09% |
-19.43% |
916.33 |
969.29 |
-5.46 |
|
PAT(%) |
15.26% |
19.46% |
23.63% |
-421 |
-838 |
14.92% |
20.94% |
-602 |
|
Diluted EPS |
5.28 |
6.44 |
6.63 |
-18.01% |
-20.36% |
19.32 |
20.05 |
-3.64% |
|
All data in Crores , EPS Represents Diluted EPS. |
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Regards,
Team Microsec Research
Microsec Capital Limited
Tel: 91 33 30512100
Fax: 91 33 30512020
--
CA. Rajesh Desai