India’s TOP 500 Companies 2020

INDIA’S TOP 500 COMPANIES 2020 247 Advertorial Financial Snapshot 2020 (In ` mn) (As on Mar 31, 2020) Total Income 196,697.6 Net Profit 24,018.4 Networth 181,930.9 Ratios NPM (%) 12.2 RONW (%) 13.2 Current Ratio (times) 1.1 Siddhartha Mohanty Managing Director & CEO Dun & Bradstreet D-U-N-S® No 65-071-6657 Top 500 Ranking Income 65 Net Profit 44 Networth 56 Management Details Chairman M. R. Kumar Managing Director & CEO Siddhartha Mohanty Directors Vipin Anand Jagdish Capoor Savita Singh P Koteswara Rao Dr. Dharmendra Bhandari V. K. Kukreja Ameet Patel Kashi Prasad Khandelwal Sanjay Kumar Khemani Financial Snapshot (In ` mn) Total Income 173,617.2 Net Profit 24,309.7 Networth 162,592.7 Ratios NPM (%) 14.0 RONW (%) 15.0 Current Ratio (times) 1.1 (As on Mar 31, 2019) Bombay Life Building, 2nd Floor, 45/47, Veer Nariman Road, Mumbai - 400 001 Website: www.lichousing.com LIC Housing Finance Limited LIC Housing Finance Ltd (LICHFL), incorporated in 1989, is one of the largest housing finance companies in India. The company went public in 1994 and is listed on the National Stock Exchange as well as the Bombay Stock Exchange. LICHFL primarily engages in the business of providing loans to individuals for purchase or construction of a house. The company’s motto of “Sagrahiya Arthasahay” means enabling individuals to own a house by providing them financial assistance. Loan Offerings The company’s core objective remains catering to the housing needs of individuals. In addition to this, LICHFL also offers financial assistance for various other purposes. a) Housing Loans: LICHFL provides long-term finance to individuals for the purchase or construction of house or flat for residential purposes. b) Personal/Business loans: The company offers finance on existing property for personal or business requirements. c) Loans to Professionals: Financial assistance is also extended to professionals for the purchase or construction of clinics, nursing homes, diagnostic centres or office spaces, as well as for the purchase of equipment. d) Loans to Builders and Developers: The company offers loans to builders and developers engaged in the business of construction and sale of residential properties Extensive Reach LICHFL possesses an extensive pan-India marketing network with 284 marketing offices and one customer service point. During FY19, the company introduced a direct marketing executive channel with good results in generating business. The marketing offices work through direct sales agents, home loan agents and direct marketing executives, totalling nearly 13,343 intermediaries. It also operates 24 back offices across the country to handle credit appraisal and administrative functions. Additionally, the company’s representative offices in Dubai and Kuwait cater to the non-resident Indians residing in Bahrain, Dubai, Kuwait, Qatar and Saudi Arabia. The company has four subsidiaries and two associate companies as of Mar 31, 2019. Key Highlights • As of Mar 31,2019, the company had a loan portfolio of ` 1946.46 bn, with disbursements of ` 553.15 bn during FY19. Overall disbursements for FY19 clocked a growth of more than 12% over the previous fiscal, with over 68% accounting for home loan disbursements. • The company sanctioned 2,05,702 individual housing loans for ` 502.77 bn and disbursed 2,04,690 loans for ` 481.87 bn during FY19. Housing loan to individuals i.e. retail loans constitute 84.60% of the total sanctions and 87.11% of the total disbursements for FY19 as compared to 84.23% and 91.37% respectively during FY18. • In FY19, 15% of LICHFL’s total disbursements was made towards the affordable housing segment under PMAY, up from 7% a year ago. In all, the company catered to more than 0.2 mn customers during FY19. Dun & Bradstreet