LIC HOUSING FINANCE LTD - Q4 FY 2013 RESULTS - EXCELLENT - INDICATE GOOD FUTURE

LIC HOUSING FINANCE LTD

Q4 FY 2013 RESULTS REVIEW

The results of the 4^th Quarter of FY 2013 of LIC Housing Finance were quite good as can be seen from the Table Below :

Net Sales have grown 6.46% QoQ and 24.58% YoY.

Net Profit has grown to Rs.316.16 Cr in the 4^th Qtr from Rs.236.25 Cr in Q3 FY 13 , by 33.82%; and from Rs.253.61 Cr in Q4 FY 12 , by 24.66% YoY.

The quarterly EPS is Rs.6.27, which means, the annualized EPS is Rs.6.27 x 4 =  Rs.25.08.

The current Market Price is around Rs.225/-. This gives a PE Ratio of  8.97.

This gives good room for price appreciation in the medium to long term.

LICHG F	Mar '13	Dec '12	QoQ %	Mar '12	YoY % Grth
Net Sales	2,028.13	1,904.98	6.46	1,628.02	24.58
Other Operating Income	26.61	29.71	-10.43	34.3	-22.42
Total Income From Operations	2,054.74	1,934.69	6.21	1,662.31	23.61
EXPENDITURE			#DIV/0!
Employees Cost	26.23	21.87	19.94	20.87	25.68
Depreciation	1.97	1.93	2.07	1.97	0
Admin. And Selling Expenses	7.62	2.77	175.09	6.35	20
Provisions And Contingencies	-3.49	31.86	-110.95	-2.39	46.03
Other Expenses	58.78	40.71	44.39	56.19	4.61
P/L Before Other Inc. , Int., Excpt. Items & Tax	1,963.63	1,835.54	6.98	1,579.33	24.33
Other Income	20.01	20.28	-1.33	26.71	-25.08
P/L Before Int., Excpt. Items & Tax	1,983.64	1,855.82	6.89	1,606.04	23.51
Interest	1,567.32	1,535.32	2.08	1,257.25	24.66
P/L Before Tax	416.32	320.5	29.90	348.8	19.36
Tax	100.16	84.25	18.88	95.19	5.22
P/L After Tax	316.16	236.25	33.82	253.61	24.66
Net Profit	316.16	236.25	33.82	253.61	24.66
Equity Share Capital	100.93	100.93	0.00	100.93	0
Basic EPS	6.27	4.68	33.97	5.28	18.75
Public Share Holding
No Of Shares (Crores)	30.12	30.12	0.00	30.12	0
Share Holding (%)	59.69	59.69	0.00	59.69	0

*  *  *  E  N  D  *  *  *