Housing Finance Stocks and Companies in India

The largest Housing Finance stocks in India by market value are Bajaj Housing Finance (₹67,842 crore), HUDCO (₹30,641 crore) and PNB Housing (₹28,219 crore), at prices of 4 Nov 2026.

• Bajaj Housing Finance: ₹81.42 | market value ₹67,842 crore | P/BV 2.8
• HUDCO: ₹153.06 | market value ₹30,641 crore | P/BV 1.4
• PNB Housing: ₹1,082 | market value ₹28,219 crore | P/BV 1.4
• LIC Housing Finance: ₹520 | market value ₹28,604 crore | P/BV 0.7
• Aadhar Housing Finance: ₹431.20 | market value ₹18,904 crore | P/BV 2.5
• Sammaan Capital: ₹125.98 | market value ₹14,633 crore | P/BV 0.8
• Home First Finance Company India: ₹1,082.30 | market value ₹11,318 crore | P/BV 2.4
• Can Fin Homes: ₹725.60 | market value ₹9,662 crore | P/BV 1.5
• Aptus Value Housing Finance India: ₹206.28 | market value ₹10,331 crore | P/BV 2.0
• AAVAS Financiers: ₹1,125.30 | market value ₹8,923 crore | P/BV 1.7

The other 3 Housing Finance companies are in the full list below.

Share price | market value | P/BV or P/E, biggest first. Prices, market values and ratios at the official close of 4 Nov 2026; the score list below uses the weekly figures.

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 30 Oct 2026.

All 13 listed Indian Finance - Housing companies are named here, largest first. This is the set of companies people mean when they search for a Nifty Finance - Housing index; NSE publishes its own indices only for the largest sectors, so this equal-weighted set stands in for one. One large company cannot set the reading.

1. Bajaj Housing Finance Ltd₹64,500 cr
2. Housing & Urban Development Corporation Ltd₹28,600 cr
3. PNB Housing Finance Ltd₹27,600 cr
4. LIC Housing Finance Ltd₹27,200 cr
5. Aadhar Housing Finance Ltd₹18,400 cr
6. Sammaan Capital Ltd₹13,600 cr
7. Home First Finance Company India Ltd₹11,200 cr
8. Can Fin Homes Ltd₹9,580 cr
9. Aptus Value Housing Finance India Ltd₹9,580 cr
10. AAVAS Financiers Ltd₹8,430 cr
11. India Shelter Finance Corporation Ltd₹6,730 cr
12. Repco Home Finance Ltd₹1,950 cr
13. GIC Housing Finance Ltd₹650 cr

13 Housing Finance companies in the Finance - Housing industry group have a page on Sector Alpha, by market value as of 30 October 2026, and all 13 are listed below, largest first. The largest is Bajaj Housing Finance (₹64,509 crore) and the smallest with a market value is GIC Housing Finance.

Download all 13 Housing Finance companies (CSV)

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this sector is 17% behind NIFTY 500. Earnings across its companies grew 18% on average over the last four reported quarters.

1 of 13 companies pass the momentum test (5+ points ahead of the Nifty 500 over 3 months, within 20% of the 52-week high). 4 are 20% or more behind over a year while earnings grew 20% or more.

Not ahead of NIFTY 500 on the three-month view this week; 1 of the 13 companies in the industry index above their 200-day average (no change from four weeks earlier); 1 of those 13 pass the momentum test (no change from four weeks earlier); earnings rising at 12 of the 13 that report earnings.

Behind NIFTY 500 by −16.1% over a year, with participation off the floor of its own 26-week range. Earnings confirming, 12 of 13 members have higher trailing twelve-month earnings than a year ago.

Both lines start at 200 in the same week, so the gap between them tells the story: the sector line is an equal-weighted index of its 13 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the sector taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

Finance - Housing has done worse than the NIFTY 500 by 18.5% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 8.9%. PNB Housing Finance Ltd is the strongest against the sector itself at +25.7%. Readings are as of 30 October 2026.

Relative-strength score for the industry: 8.9 as of 30 October 2026 (consolidation, falling).

Finance - Housing has done worse than the NIFTY 500 by 18.5% over 52 weeks and by 8.9% over 13 weeks. 1 of 13 companies we track is beating the NIFTY on relative strength (how a share price has done against the index over recent months), and 4 of the 9 with a long enough price history are ahead of the industry itself.

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Can Fin Homes Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 93% evidence confidence.

LIC Housing Finance Ltd scores well on valuation against its peers or its own history, but its earnings have not yet improved enough to back that up.

PNB Housing Finance Ltd has the strongest one-year price move in Finance - Housing at +14.1%. It also leads on relative strength against the NIFTY, at +12.3%. 2 of 13 companies we track are ahead of the index on that measure. Every line covers 313 weekly closes through 30 October 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs NIFTY 500: How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Finance - Housing itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

Biggest one-year moves

Strongest against NIFTY 500

Strongest against the sector itself

5 of 13 Finance - Housing companies held a results call for July to September 2026. Home First Finance Company India guided: 25% AUM growth to ₹20,000 crore by Mar27 on team-stability momentum with 20-25 branches yearly pace, 10-15 adds in H2.

From the results calls for July to September 2026.

Big funds, foreign and Indian, raised their stake by 0.4 points over the last two quarters. Founders and promoters cut theirs by 1.5 points.

• Spending on plants is not a useful measure for a lender, so it is left out.

Big funds = foreign and Indian institutions, change in their share of ownership across 13 Finance - Housing companies, in percentage points.

Ownership and spending as of 10 October 2026.

This is the written read behind the Finance - Housing figures above: what is actually happening in the industry, in words, with the evidence each claim rests on. It is dated 25 Jul 2026, so the words are older than the numbers. 2 themes are live here.

The Housing Finance sector display mixed signals for the week ending 17 July 2026. GICHSGFIN stands as the sole constituent analyzed, reporting a Net Profit After Tax of ₹53.58 crore for Q4 FY26, representing a 52.69% year-on-year increase. However, top-line performance remained stagnant with Revenue from Operations at ₹272.70 crore, up only 0.38% YoY.

How old this read is: OLD: this read comes from our Finance - Housing sector brief dated 25 Jul 2026, about 3 months ago. The page says so rather than dressing it up, and a fresh sector dive replaces it the day it runs.

What is live in this sector right now

Sources: our Finance - Housing sector brief, 25 Jul 2026.

LIC Housing Finance Ltd has the highest Income among the 13 Finance - Housing companies compared here, at ₹28,577 crore. Housing & Urban Development Corporation Ltd is next at ₹13,930 crore. Housing & Urban Development Corporation Ltd has the highest Income growth at 25.9%, so level and change sit with different companies.

What the numbers say: LIC Housing Finance Ltd is the largest at ₹28,577 crore, 105.1% ahead of Housing & Urban Development Corporation Ltd. Housing & Urban Development Corporation Ltd's growth is 25.9% from a ₹13,930 crore base, with 19 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

What this means: LIC Housing Finance Ltd is the size to compare against; Housing & Urban Development Corporation Ltd is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.

This conclusion weakens if: LIC Housing Finance Ltd's growth falls below Housing & Urban Development Corporation Ltd's for two consecutive comparable reports while operating margin also compresses.

For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.

Income · company comparison

Income · largest

Income growth · fastest growers

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

LIC Housing Finance Ltd has the highest Net profit among the 13 Finance - Housing companies compared here, at ₹5,897 crore. Housing & Urban Development Corporation Ltd is next at ₹4,255 crore. Housing & Urban Development Corporation Ltd has the highest Profit growth at 53%, so level and change sit with different companies.

What the numbers say: LIC Housing Finance Ltd earns the most, ₹5,897 crore of profit over the last 12 months, 38.6% above Housing & Urban Development Corporation Ltd. A fast rate from a small base matters less than a large profit that keeps coming.

What this means: LIC Housing Finance Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.

Net profit · company comparison

Net profit · largest

Profit growth · fastest growers

All-company data · latest reported quarter

PNB Housing Finance Ltd has the highest Deposits among the 13 Finance - Housing companies compared here, at ₹17,704 crore. LIC Housing Finance Ltd is next at ₹11,344 crore. LIC Housing Finance Ltd has the highest Borrowings at ₹2,85,168 crore, so level and change sit with different companies. Its Deposits series carries 10 reported observations across the 20-quarter window.

What the numbers say: PNB Housing Finance Ltd leads deposits at ₹17,704 crore; LIC Housing Finance Ltd leads borrowings at ₹2,85,168 crore.

What this means: PNB Housing Finance Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.

For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.

Funding base · company comparison

Deposits · largest deposit bases

Borrowings · largest borrowings

All-company data · latest reported quarter

Deposit scale can lower funding risk, while rising wholesale borrowings can change cost and liquidity. Asset quality and margins decide whether the funding base creates value.

Aptus Value Housing Finance India Ltd has the highest ROA among the 13 Finance - Housing companies compared here, at 7.8%. India Shelter Finance Corporation Ltd is next at 5.8%. Can Fin Homes Ltd has the highest ROA change at +0.3 percentage points, so level and change sit with different companies.

What the numbers say: Aptus Value Housing Finance India Ltd leads roa at 7.8%; Can Fin Homes Ltd leads roa change at +0.3 percentage points.

What this means: Aptus Value Housing Finance India Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roa change signal.

ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.

Return on assets · company comparison

Withheld from this chart: Aptus Value Housing Finance India Ltd (APTUS): its two data sources disagree by up to 3.3% on reported income across 15 comparable periods, so its derived ratios are withheld; India Shelter Finance Corporation Ltd (INDIASHLTR): its two data sources disagree by up to 17% on reported income across 15 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn, the gap is a decision, not missing data.

ROA · highest

ROA change · fastest improvers

All-company data · latest reported quarter

Aptus Value Housing Finance India Ltd has the highest ROE among the 13 Finance - Housing companies compared here, at 20.1%. Housing & Urban Development Corporation Ltd is next at 20%. Housing & Urban Development Corporation Ltd has the highest ROE change at +23 percentage points, so level and change sit with different companies.

What the numbers say: Aptus Value Housing Finance India Ltd leads roe at 20.1%; Housing & Urban Development Corporation Ltd leads roe change at +23 percentage points.

What this means: Aptus Value Housing Finance India Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roe change signal.

ROE shows the return to shareholders, but should be read with asset quality and leverage.

Return on equity · company comparison

Withheld from this chart: Aptus Value Housing Finance India Ltd (APTUS): its two data sources disagree by up to 3.3% on reported income across 15 comparable periods, so its derived ratios are withheld; India Shelter Finance Corporation Ltd (INDIASHLTR): its two data sources disagree by up to 17% on reported income across 15 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn, the gap is a decision, not missing data.

ROE · highest

ROE change · fastest improvers

All-company data · latest reported quarter

Bajaj Housing Finance Ltd has the lowest Gross NPA among the 13 Finance - Housing companies compared here, at 0.3%. AAVAS Financiers Ltd is next at 1.1%. Sammaan Capital Ltd has the lowest GNPA change at −1 percentage points, so level and change sit with different companies. 5 of 13 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Bajaj Housing Finance Ltd leads gross npa at 0.3%; Sammaan Capital Ltd leads gnpa change at −1 percentage points.

What this means: Bajaj Housing Finance Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current gnpa change signal.

Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.

Asset quality · company comparison

Gross NPA · lowest

GNPA change · fastest improvers

All-company data · latest reported quarter

GIC Housing Finance Ltd has the lowest P/BV ÷ ROE among the 13 Finance - Housing companies compared here, at 0.04×. The same company also has the lowest P/BV, at 0.31×. 12 of 13 companies report a comparable reading, the latest through Jun 2026. Its P/BV ÷ ROE series carries 19 reported observations across the 20-quarter window.

What the numbers say: GIC Housing Finance Ltd has the lowest comparable P/BV ÷ ROE at 0.04×, 0% below LIC Housing Finance Ltd. That would need today's multiple, the company's own history and steady growth to agree.

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Banks are compared on P/BV and P/BV÷ROE, not PEG. A lower figure is better only if loan quality and returns stay strong; a low price against book value while bad loans are rising is not a good sign by itself.

Valuation · company comparison

P/BV ÷ ROE · lowest return-adjusted price