HUDCO targets over Rs 3 lakh crore in infra finance by 2030

Housing and Urban Development Corporation Limited (HUDCO), a Navratna NBFC–IFC, announced its financial results at the 55th Annual General Meeting (AGM) on Monday.

The company recorded annual sanctions of Rs 1,27,952 crore, a 55 per cent increase, compared to the previous year, underlining its growing role in financing infrastructure and housing projects.

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Disbursements for the year reached a historic high of Rs 40,038 crore, representing a 122 per cent surge over the last fiscal. This remarkable performance translated into a net profit of Rs 2,709 crore, marking a 28 per cent year-on-year growth and showcasing HUDCO’s operational efficiency and robust financial management.

The company’s loan book expanded by 35 per cent, reaching Rs 1,24,828 crore as of March 31, 2025. Correspondingly, total income rose to Rs 10,348 crore, a 30 per cent increase from the previous fiscal, driven by higher sanctions and disbursements.

HUDCO maintained strong asset quality, with gross non-performing assets (NPAs) at 1.67 per cent and net NPAs at just 0.25 per cent, reflecting prudent risk management practices. The capital adequacy ratio stood at 46.60 per cent, well above the regulatory requirement of 15 per cent, indicating a solid financial foundation for future growth.

Additionally, the company’s market capitalisation surpassed Rs 40,000 crore, representing nearly a fivefold rise since March 2023, underscoring investor confidence in HUDCO’s strategic direction and sustained performance.

CMD Sanjay Kulshrestha said HUDCO remains a committed partner in realising the national vision of Viksit Bharat@2047, targeting over Rs 3 lakh crore in infrastructure finance by 2030 across affordable housing, clean energy, urban mobility, roads, ports, and other core sectors.