LICHSGFIN Q1 FY27 Guidance vs Delivery (LICHSGFIN Management Mirror)

Q1 FY27 Loan Portfolio Growth Reported at 4%; FY27 AUM Growth Targeted at 8% to 10% Alongside 11% to 15% Disbursement Growth

Management established FY27 guidance in the Jun'26 Qtr concall, targeting an 8% to 10% growth rate for the overall book (AUM) and a disbursement growth of 11% to 15%, with a specific 15% disbursement growth target for Q2'27. For Q1 FY27, the outstanding loan portfolio was reported at INR 3,00,020.98 crore, a growth of 4%, while total disbursements grew 14.5% to INR 15,014 crore. Developer finance disbursements for FY27 are targeted at INR 4,000 crore, with internal aspirations to reach INR 7,000 crore to INR 8,000 crore contingent on commercial pricing acceptability, following a reported Q1 FY27 project loan disbursement of INR 872 crore. Previously for FY26, management guided in the Sep'25 Qtr concall for double-digit (approximately 10%) growth for both disbursements and the overall loan book. By the Dec'25 Qtr concall, management guided for Q4 FY26 total disbursements of Rs. 20,000 to Rs. 22,000 crores to improve the 5% AUM growth level seen at that time.