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LIC Housing Finance is expected to report a 17 percent growth in first quarter profit at Rs 447 crore compared with Rs 382 crore in same period last year, according to consensus estimates.
Net interest income is expected to decrease by 6.4 percent Q-o-Q (up 16.7 percent Y-o-Y) to Rs 769.2 crore, according to KR Choksey.
According to Nomura, LIC Housing Finance may face earnings cut by the street due to slowdown in core mortgage portfolio. It adds that slowdown in mortgage book is driven both by slower disbursement growth and higher prepayment rates continuing in the past.
LIC Housing's net interest income may grow by 29.3 percent to Rs 8,400 crore in March quarter compared to Rs 6,498 crore in year-ago period.
In an interview with CNBC-TV18, Sunita Sharma, MD and CEO of LIC Housing said that reduction in non-performing assets (NPAs) and strict control over asset quality are major drivers for growth in this quarter.
Net interest income is seen rising 32.6 percent to Rs 727.5 crore in third quarter of FY16 compared to Rs 548.6 crore in a year-ago period. NII is the difference between interest earned and interest expended.
The house has a buy rating on M&M Financial with price target of Rs 300 with a medium to long-term view, said Nischint Chawathe, Senior Analyst at Kotak Institutional Equities.
Sunita Sharma, MD & CEO of LIC Housing Finance told CNBC-TV18 that project finance segment grew strongly in Q2 and will continue to be the company's focus in future.
Loan growth is likely to be steady with 15-18 percent growth, similar to previous quarter. Net loans were up 18 percent in Q1 with retail up 18.3 percent and developer loan book up 6 percent.
Net-interest income is expected to fall by 3.8 percent quarter-on-quarter (up 23.5 percent year-on-year) to Rs 625.1 crore, according to Motilal Oswal.
According to a CNBC-TV18 poll, net interest income (the difference between interest earned and interest expended) may jump 22.2 percent to Rs 6,189 crore in the quarter ended June compared to Rs 506.2 crore in the corresponding quarter of last fiscal.
Sunita Sharma, MD & CEO, LIC Housing Finance said the retail loan category had grown by 20 percent and the project category had grown by 10 percent.
LIC Housing Finance's fourth quarter profit is expected to increase 5 percent to Rs 388.2 crore against Rs 370.02 crore in the year-ago period, according to the average of estimates of analysts polled by CNBC-TV18. The state-run housing finance company will announce its earnings today.
Abhishek Kothari, banking analyst, Quant Broking expects an earnings downgrade on Bank of Baroda.
According to independent market expert Ambareesh Baliga, there is a further possibility of a correction in HUL. The business sentiment is high and the macros are improving but unless government starts spending, it will take some time for the investment cycle to really pick up.
Net interest income is expected to increase by 3.5 percent Q-o-Q (up 20.3 percent Y-o-Y) to Rs 550.7 crore, according to ICICIdirect.
State-run LIC Housing Finance's profit is expected to grow 12 percent year-on-year to Rs 366 crore for the quarter ended December 2014, according to the average of estimates of analysts polled by CNBC-TV18. Profit in the year-ago period was Rs 326.6 crore.
Discussing the earnings, Sunita Sharma, Managing Director & CEO, LIC Housing Finance, said September saw a very healthy loan growth and the lender has been able to recover developer NPLs worth Rs 132 crore with interest.
Net interest income (NII) of the housing finance company may increase 18.6 percent to Rs 537 crore in the quarter ended September 2014 from Rs 453 crore in corresponding quarter of last fiscal.
Nilesh Parikh Edelweiss Financial Services recommends buying OBC given its valuations.
Net interest margin, which was down 8 basis points sequentially to 2.22 percent in earlier quarter, may improve in the quarter ended December 2013, according to the company while analysts are mixed in opinion.
According to ICICIdirect.com, revenues of LIC Housing Finance are expected to increase by 3.4 percent Q-o-Q (up 26.8 percent Y-o-Y) to Rs 468.7 crore.
According to Motilal Oswal, net interest income of LIC Housing Finance are expected to increase by 3.5 percent Q-o-Q (up 26.9 percent Y-o-Y) to Rs 469.1 crore.
According to Prabhudas Lilladher, LIC Housing Finance to report a 4.8 percent degrowth quarter-on-quarter (up 21.7 percent Y-o-Y) in net profit at Rs 295.7 crore.
According to Motilal Oswal, net interest income of LIC Housing Finance is expected to increase by 1.3 percent Q-o-Q (up 30.3 percent Y-o-Y) to Rs 460.7 crore.