Financially strong, HUDCO reported a revenue of ₹7,571.64 crore and a net income of ₹1,708.20 crore as of 2020, underscoring its significant contribution to India’s economy and its operational efficiency. The company’s commitment to its mission and its impact on urban development have not gone unnoticed; in April 2024, HUDCO was awarded the prestigious Navratna status, a testament to its strong performance, strategic importance, and growing influence in the public sector. This recognition highlights HUDCO’s vital role in driving forward India’s housing and urban infrastructure goals, ensuring sustainable growth and development across the nation.
Latest News about Housing & Urban Development Corporation Ltd
Recently, the Housing & Urban Development Corporation Ltd (HUDCO) made notable strides with two significant developments. First, HUDCO announced the appointment of Shri Daljeet Singh Khatri as the new Director (Finance), under Regulation 30 of the SEBI (LODR) Regulations, 2015, reflecting a strategic move to strengthen its financial leadership. Additionally, HUDCO entered into a Memorandum of Understanding (MoU) with RITES, a Navratna transport infrastructure consultancy, to collaborate on a range of infrastructure projects. This partnership is set to bolster sectors like metro rail, airports, and waste management, underscoring HUDCO’s commitment to expanding its impact on India’s urban development and infrastructure landscape.
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 81.81% | 81.81% | 75.17% | 75.00% | 75.00% |
| FIIs + | 0.32% | 0.65% | 1.20% | 1.91% | 2.70% |
| DIIs + | 7.17% | 7.15% | 11.80% | 11.39% | 11.64% |
| Public + | 10.69% | 10.41% | 11.83% | 11.70% | 10.66% |
| No. of Shareholders | 3,39,744 | 3,37,806 | 3,89,764 | 5,52,637 | 6,39,411 |
The shareholding patterns of the company from June 2023 to June 2024 indicate some notable changes. Promoters maintained a strong majority, holding 81.81% of the shares in June 2023 and September 2023. However, their stake decreased to 75.00% by March and June 2024. Foreign Institutional Investors (FIIs) showed an increasing interest, with their holdings rising from 0.32% in June 2023 to 2.70% by June 2024. Domestic Institutional Investors (DIIs) also saw a rise in their shareholding, growing from 7.17% in June 2023 to 11.64% in June 2024. The public shareholding remained relatively stable, with a slight decrease from 10.69% in June 2023 to 10.66% in June 2024. The number of shareholders increased significantly, from 3,39,744 in June 2023 to 6,39,411 in June 2024, reflecting growing investor interest in the company.
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➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| August 2024 | 298.25 | 259.35 |
| September 2024 | 310.18 | 269.73 |
| October 2024 | 304.10 | 264.44 |
| November 2024 | 316.27 | 275.01 |
| December 2024 | 319.43 | 277.76 |
In 2024, HUDCO Ltd is projected to see its stock prices fluctuate each month. In August 2024, the maximum price is expected to reach ₹298.25, with a minimum of ₹259.35. By September, the stock is anticipated to rise further, with a projected maximum of ₹310.18 and a minimum of ₹269.73. Moving into October, HUDCO Ltd’s shares are likely to have a maximum price of ₹304.10 and a minimum of ₹264.44. In November 2024, the maximum price could reach ₹316.27, while the minimum is expected to be ₹275.01. Finally, in December 2024, HUDCO Ltd is forecasted to achieve a maximum price of ₹319.43, with the minimum price being ₹277.76.
| When | Maximum Price | Minimum Price |
| January 2025 | 322.62 | 248.17 |
| February 2025 | 325.88 | 250.68 |
| March 2025 | 332.73 | 255.94 |
| April 2025 | 329.43 | 253.41 |
| May 2025 | 319.84 | 246.03 |
| June 2025 | 334.23 | 257.10 |
| July 2025 | 327.68 | 252.06 |
| August 2025 | 337.81 | 259.85 |
| September 2025 | 341.86 | 262.97 |
| October 2025 | 350.75 | 269.81 |
| November 2025 | 359.52 | 276.55 |
| December 2025 | 375.70 | 289.00 |
As we step into 2025, HUDCO Ltd’s projected maximum and minimum prices for each month reflect a gradual upward trend. In January 2025, the prices are expected to range between ₹322.62 and ₹248.17. By December 2025, these prices are projected to rise to a maximum of ₹375.70 and a minimum of ₹289.00.
| When | Maximum Price | Minimum Price |
| January 2026 | 386.97 | 297.67 |
| February 2026 | 377.30 | 290.23 |
| March 2026 | 384.84 | 296.03 |
| April 2026 | 392.70 | 302.07 |
| May 2026 | 388.81 | 299.08 |
| June 2026 | 398.53 | 306.56 |
| July 2026 | 390.71 | 300.55 |
| August 2026 | 402.80 | 309.84 |
| September 2026 | 410.85 | 316.04 |
| October 2026 | 421.54 | 324.26 |
| November 2026 | 432.07 | 332.36 |
| December 2026 | 442.88 | 340.67 |
| When | Maximum Price | Minimum Price |
| January 2027 | 447.30 | 344.08 |
| February 2027 | 458.77 | 352.90 |
| March 2027 | 476.67 | 366.67 |
| April 2027 | 467.32 | 359.48 |
| May 2027 | 453.71 | 349.01 |
| June 2027 | 474.13 | 364.71 |
| July 2027 | 464.83 | 357.56 |
| August 2027 | 479.20 | 368.62 |
| September 2027 | 495.98 | 381.52 |
| October 2027 | 508.87 | 391.44 |
| November 2027 | 521.59 | 401.23 |
| December 2027 | 534.63 | 411.26 |
| When | Maximum Price | Minimum Price |
| January 2028 | 545.33 | 419.48 |
| February 2028 | 559.31 | 430.24 |
| March 2028 | 581.12 | 447.02 |
| April 2028 | 569.73 | 438.25 |
| May 2028 | 553.13 | 425.49 |
| June 2028 | 578.02 | 444.63 |
| July 2028 | 566.69 | 435.92 |
| August 2028 | 584.22 | 449.40 |
| September 2028 | 604.67 | 465.13 |
| October 2028 | 620.39 | 477.22 |
| November 2028 | 635.90 | 489.15 |
| December 2028 | 651.79 | 501.38 |
| When | Maximum Price | Minimum Price |
| January 2029 | 664.83 | 511.41 |
| February 2029 | 681.88 | 524.52 |
| March 2029 | 708.47 | 544.98 |
| April 2029 | 694.58 | 534.29 |
| May 2029 | 674.35 | 518.73 |
| June 2029 | 704.69 | 542.07 |
| July 2029 | 690.88 | 531.44 |
| August 2029 | 712.24 | 547.88 |
| September 2029 | 737.17 | 567.05 |
| October 2029 | 756.34 | 581.80 |
| November 2029 | 775.25 | 596.34 |
| December 2029 | 794.63 | 611.25 |
| When | Maximum Price | Minimum Price |
| January 2030 | 810.52 | 623.48 |
| February 2030 | 831.30 | 639.46 |
| March 2030 | 863.72 | 664.40 |
| April 2030 | 846.79 | 651.37 |
| May 2030 | 822.12 | 632.40 |
| June 2030 | 859.12 | 660.86 |
| July 2030 | 842.27 | 647.90 |
| August 2030 | 868.32 | 667.94 |
| September 2030 | 898.71 | 691.32 |
| October 2030 | 922.08 | 709.29 |
| November 2030 | 945.13 | 727.03 |
| December 2030 | 968.76 | 745.20 |
As we look ahead to 2030, HUDCO Ltd’s projected maximum and minimum prices for each month are set to rise significantly. In January 2030, the maximum price is expected to be ₹810.52, while the minimum price will be ₹623.48. By December 2030, these figures are anticipated to reach a maximum of ₹968.76 and a minimum of ₹745.20, indicating a strong upward trend in HUDCO Ltd’s stock throughout the year.
HUDCO Ltd Financial Condition
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Revenue | 7,567 | 7,267 | 6,986 | 7,082 | 7,784 | 8,131 |
| Interest | 4,848 | 4,765 | 4,533 | 4,507 | 4,961 | 5,233 |
| Expenses + | 544 | 277 | 111 | 279 | 134 | 122 |
| Financing Profit | 2,176 | 2,225 | 2,342 | 2,296 | 2,689 | 2,776 |
| Financing Margin % | 29% | 31% | 34% | 32% | 35% | 34% |
| Other Income + | 4 | 11 | 11 | 4 | 164 | 164 |
| Depreciation | 6 | 7 | 8 | 11 | 10 | 9 |
| Profit before tax | 2,174 | 2,229 | 2,346 | 2,289 | 2,843 | 2,930 |
| Tax % | 21% | 29% | 27% | 26% | 26% | |
| Net Profit + | 1,708 | 1,578 | 1,716 | 1,701 | 2,117 | 2,229 |
| EPS in Rs | 8.53 | 7.89 | 8.57 | 8.5 | 10.57 | 11.14 |
| Dividend Payout % | 36% | 28% | 41% | 45% | 39% |
Over the five-year period from March 2020 to March 2024, the financial performance of the company shows a consistent revenue increase, rising from ₹7,567 crore in March 2020 to ₹7,784 crore in March 2024, and further to ₹8,131 crore in the trailing twelve months (TTM). Interest expenses, however, have also grown, from ₹4,848 crore in March 2020 to ₹5,233 crore in the TTM, indicating higher borrowing costs.
The company’s financing profit improved from ₹2,176 crore in March 2020 to ₹2,689 crore in March 2024, maintaining a stable financing margin, which peaked at 35% in March 2024. Other income saw a significant jump to ₹164 crore in March 2024, contributing positively to the overall profit.
Depreciation has remained relatively low, with minor fluctuations, while profit before tax grew steadily from ₹2,174 crore in March 2020 to ₹2,843 crore in March 2024. The net profit increased from ₹1,708 crore in March 2020 to ₹2,117 crore in March 2024, reflected in the rising EPS, which reached ₹10.57 in March 2024. The company’s dividend payout ratio varied, with a peak of 45% in March 2023 before settling at 39% in March 2024.
FAQs
Answer: The projected maximum HUDCO Limited share price for 2025 is Rs. Rs 375.70, and the minimum is Rs 246.03.
Answer: You can view the latest HUDCO Limited share price on the official HUDCO Limited website or on any financial news website.
Is investing in HUDCO Limited a good idea?
Answer: Investing in HUDCO Limited is a subjective matter and depends on your risk appetite and the current market conditions.
What is the current dividend yield of HUDCO Limited?
Answer: The current dividend yield of HUDCO Limited is 0.51 %.
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Conclusion
In light of the recent developments, HUDCO Ltd continues to demonstrate its robust position and strategic vision in the public sector. The appointment of Shri Daljeet Singh Khatri as Director (Finance) underscores HUDCO’s commitment to strengthening its financial governance, while the new MoU with RITES highlights an exciting phase of expanded collaboration on major infrastructure projects. These initiatives not only enhance HUDCO’s operational capabilities but also reaffirm its role as a key player in India’s urban development and infrastructure landscape. As the company navigates through these progressive changes, its forward-looking strategies and strong performance indicators suggest a promising trajectory, reinforcing HUDCO’s status as a cornerstone of India’s growth and development.
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