HUDCO Shares Drop Over 8% Despite Strong Q4 Performance and Dividend Announcement
Multibagger PSU stock HUDCO share price falls over 8% despite strong Q4 results, dividend announcement
Mint
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Housing and Urban Development Corporation (HUDCO) shares fell over 8% on May 15, 2026, despite reporting a net profit of ₹1,981 crore for Q4FY26, a significant increase from ₹728 crore the previous year. The company also declared a dividend of ₹1.5 per share, pending shareholder approval.
- 01HUDCO's consolidated revenue for Q4FY26 reached ₹3,563 crore, a 25.3% increase from the previous year.
- 02The company's Net Interest Income (NII) rose by 16.6% year-on-year to ₹1,149.7 crore.
- 03Loan sanctions for FY26 increased by 29% to ₹1.65 lakh crore, while loan disbursements rose 28% to ₹51,194 crore.
- 04HUDCO's profit after tax for FY26 stood at ₹4,034.37 crore, up from ₹2,709.14 crore in FY25.
- 05The stock is currently 19% below its 52-week high of ₹253.80, reached in June 2025.
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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.
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The decline in HUDCO's share price may affect investor confidence and could impact future funding for housing and infrastructure projects.
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