HUDCO Sanctions ₹46,000+ Crore Loans in Q3, ₹1.39 Lakh Crore in FY So Far

The Housing and Urban Development Corporation Limited (HUDCO), the state-owned housing finance entity under the Ministry of Housing & Urban Affairs, on Thursday reported strong credit growth in the third quarter of the current financial year (Q3 FY26) and for the nine-month period ended December 31, 2025. The disclosures were made in a regulatory filing to the stock exchanges under SEBI’s Listing Obligations and Disclosure Requirements (LODR).

Quarterly & Nine-Month Loan Sanctions

The Q3 sanctions figure alone accounts for roughly one-third of the nine-month total. The breakdown is as follows:

• In the third quarter of FY26, loans amounting to ₹46,167.32 crore were sanctioned.
• The cumulative sanctions for the nine-month period from April to December stood at ₹1,39,151.92 crore.

Alongside sanctions, HUDCO’s loan disbursements also showed growth:

• In the third quarter of FY26, the company disbursed ₹15,508.25 crore.
• During the first nine months of FY26, ₹41,346.70 crore was disbursed.

Note: The figures mentioned above are provisional and are subject to audit. HUDCO’s disclosures were submitted to both the BSE Limited and the National Stock Exchange of India in compliance with SEBI’s LODR norms.

Year-on-Year Growth Trends

The first nine-month sanction figure of ₹1.39 lakh crore in FY26 shows healthy year-on-year growth compared with the same period in the previous fiscal year. According to reports, HUDCO’s loan sanctions for the first nine months of FY26 rose 51% year on year from ₹92,151 crore recorded in April–December FY25.

Disbursements for the nine-month period were also up about 30% year on year, affirming increased fund deployment compared with the prior period.

Sector Focus & Operational Scope

The lending business of HUDCO covers housing and urban infrastructure projects. The company focuses on a wide range of development activities such as public housing, water supply systems, sanitation, roads, drainage, sewerage networks, and other urban utilities.

The company’s mandate supports India’s housing and urbanisation goals, with a special focus on helping economically weaker sections and low-income groups, and funding essential public infrastructure.

Strategic Initiatives & Future Outlook

HUDCO has been active in expanding its financing portfolio and partnerships in recent months. Other than its traditional financing business, company is looking for collaborations to support broader urban infrastructure development.

Its recent corporate actions include the strategic Memorandums of Understanding (MoUs) with the National Institute of Urban Affairs (NIUA) focused on infrastructure financing. Though not directly part of its loan sanction announcement, these moves aim to diversify the pipeline of fundable projects.

Analysts following HUDCO say its strong pipeline of loan sanctions and faster pace of disbursements underline the company’s importance in financing India’s urban development. Going ahead, steadily executing approved projects and releasing funds on time will be key as HUDCO moves closer to its year-end goals.

Sources

ET
Business Standard
HUDCO
CNBC
Nirmal Bang