HSG & URBAN DEV CORPN LTD

The earnings conference call for Housing and Urban Development Corporation Limited (HUDCO) on July 28, 2026, featured management discussing the company's alignment with national policies and the potential for urban infrastructure development. Management highlighted the shift from grant-based schemes to bankable projects, emphasizing the importance of sustainable and viable urban infrastructure. They reported that HUDCO has retired short-term foreign currency loans, with over 99% of borrowings being long-term. The management also mentioned the signing of two significant MOUs with Gujarat and Bihar, focusing on large-scale infrastructure projects. They indicated a planned disbursement of around INR 65,000 crores for FY '27 and a goal of reaching a loan book of INR 3 lakh crores by 2030. The management expressed confidence in maintaining a spread of around 2% and net interest margins of approximately 3%. Overall, the call reflected a strong commitment to urban development and financial stability.

Management emphasized growth opportunities and strategic initiatives in urban infrastructure.