On May 15, 2026, Housing and Urban Development Corporation (HUDCO) experienced a notable decline in share price, dropping over 8% despite announcing strong financial results for the fourth quarter of FY26. The company reported a net profit of ₹1,981 crore, more than doubling from ₹728 crore in the same quarter last year, largely due to a deferred tax credit exceeding ₹1,300 crore. HUDCO's consolidated revenue for the quarter was ₹3,563 crore, reflecting a 25.3% growth year-on-year. Additionally, the company declared a dividend of ₹1.5 per share, subject to shareholder approval at the upcoming Annual General Meeting.

In terms of asset quality, HUDCO showed stability, with the Gross Credit Impaired Assets Ratio improving slightly to 1.04%. The company also reported a 30.27% net profit margin, up from 26.18% the previous year. For the full financial year, HUDCO's total revenue reached ₹13,150 crore, a 27.5% increase over FY25, and profit after tax surged to ₹4,034.37 crore. Despite recent declines, HUDCO shares have provided multibagger returns, increasing 360% over the past five years.