HUDCO Q1 FY27 Profit Jumps 35%, Dividend ₹1.25

Key takeaway from HUDCO’s July 27 update

Housing and Urban Development Corporation Ltd (HUDCO) reported a strong set of numbers for the first quarter, alongside an interim dividend announcement. The company said net profit rose sharply year-on-year, supported by higher net interest income (NII). Along with the quarterly results, the board declared the first interim dividend for the financial year 2026-27. The update also laid out the record date and the expected timeline for completing the dividend payout. For investors, the combination of earnings momentum and a fresh dividend declaration puts focus on HUDCO’s near-term shareholder returns.

Q1 net profit rises to ₹851 crore

HUDCO reported a 35.1% year-on-year increase in net profit for the first quarter. Net profit came in at ₹851 crore versus ₹630 crore in the corresponding quarter last year. The result indicates a stronger bottom line compared to the year-ago period. The numbers were disclosed on Monday, July 27. HUDCO did not provide additional line items in the provided data beyond profit and NII. Still, the profit growth figure itself is the headline metric from the quarter.

Net interest income grows 21.1% to ₹1,149 crore

Net interest income, which HUDCO describes as the difference between interest earned and interest paid, increased during the quarter. NII rose 21.1% year-on-year to ₹1,149 crore from ₹948 crore a year earlier. Since HUDCO is a lender focused on housing and urban infrastructure financing, NII is a key operating measure watched by the market. The reported NII growth complements the profit increase disclosed for the quarter. No additional details on margins, disbursements, or asset quality were included in the text provided.

Board declares first interim dividend for FY 2026-27

Along with the quarterly results, HUDCO’s board declared the first interim dividend for FY 2026-27. The interim dividend was set at ₹1.25 per equity share. The company also stated this represents 12.5% on the face value of ₹10 per equity share. The payout is subject to deduction of tax deducted at source (TDS), as applicable. Such clarity on the tax treatment is important for shareholders estimating net receipts.

Record date set as July 31, 2026; payout timeline up to 30 days

HUDCO fixed Friday, July 31, 2026, as the record date for determining shareholder eligibility for the interim dividend declared for FY 2026-27. The company said the process of paying the interim dividend will be completed within 30 days from the date of its declaration. This sets a defined window for the cash outflow and expected receipt timeline for eligible investors. As always, only shareholders on the company’s books as of the record date qualify for the dividend. The update did not provide an explicit payment date, only the completion timeline.

Separate dividend data points also cite March 2026 record and ex-dates

The provided information also includes another set of dividend details linked to March 2026. In that dataset, the dividend per share is listed as ₹1.25, with an ex-dividend date of 27-Mar-2026 and a record date of 28-Mar-2026. It also mentions a declaration date of 23 Mar 2026 and labels it as “Interim 4”. The same dataset shows an LTP of ₹168 alongside that March 2026 dividend entry. Separately, the text also references a cash dividend line item dated 27/03/2026 with record date 28/03/2026.

Dividend track record references in the provided data

Beyond the latest announced payouts, the text includes several historical references. It states HUDCO declared a second interim dividend of ₹1 per equity share for FY 2025-26 with a record date of 19 Nov 2025. Another interim dividend of ₹1.15 is referenced with an ex-date of 06 Feb 2026 and record date of 07 Feb 2026. The dataset also lists older payouts of ₹1.15 (ex date 14 Aug 2025) and ₹1.05 (ex date 13 Mar 2025), and mentions a ₹2.05 interim dividend with an ex date of 30 Jan 2025. These entries collectively show that HUDCO has used interim dividends frequently across recent financial years, as reflected in the data provided.

What shareholders typically need to check: ex-date vs record date

The dividend eligibility framework in the provided text emphasises the record date and ex-dividend date mechanics. It notes that shareholders registered on or before the record date are eligible to receive the dividend. It also states investors are not entitled to the payout if they purchase shares on or after the ex-dividend date. This distinction matters for delivery-based equity transactions around corporate actions. For HUDCO, the July 2026 interim dividend eligibility is tied to the record date of July 31, 2026, as per the quarterly-results announcement. Separately, the March 2026 dividend dataset uses an ex-date of 27-Mar-2026 and record date of 28-Mar-2026.

Snapshot of key figures and dates

Timeline table: dividend entries cited in the text

Market and valuation references included in the data

The provided text contains additional market-related references, though not tied to the July 27 results announcement. It describes HUDCO as a dividend-paying company with a current yield of 2.34% that is “well covered by earnings”. Another line item in the same compilation cites a “current dividend yield” of 2.70% and an “annual dividend payment” of ₹5.60. It also notes a “fair value” revision from ₹275.00 to ₹280.00 in a valuation update, described as a small upward adjustment. Separately, a current market price of ₹207.53 per share is mentioned in the provided text.

Borrowing plan proposal mentioned in filings context

The data also includes a corporate filing reference to a board meeting on January 29, 2026. That note states the meeting would review financial results and consider a third interim dividend, set the record date, and review a proposal to increase the annual borrowing plan for FY 2025-26. The proposal referenced an increase to ₹80,000 crore from ₹65,000 crore, subject to the existing shareholder-approved borrowing limit. While this point is not part of the July 27 quarterly-results headline, it provides context on how HUDCO plans funding at scale.

Why the update matters for investors

The July 27 disclosure brings two investor-relevant signals together: year-on-year growth in profit and NII, and a fresh interim dividend for FY 2026-27. Profit rose to ₹851 crore and NII to ₹1,149 crore, both higher than the year-ago quarter. The interim dividend of ₹1.25 per share, with a July 31, 2026 record date, gives shareholders a clear eligibility marker. The company’s stated timeline to complete the payout within 30 days of declaration also helps investors plan cash-flow expectations. At the same time, the broader dividend history and other dated references in the provided material point to a pattern of interim payouts across recent periods.

Conclusion

HUDCO’s Q1 update showed a 35.1% year-on-year increase in net profit to ₹851 crore and a 21.1% rise in NII to ₹1,149 crore. Alongside the results, the board declared an interim dividend of ₹1.25 per share for FY 2026-27, with July 31, 2026 set as the record date and payment to be completed within 30 days of declaration. Investors tracking the stock will now focus on the record date for eligibility and any subsequent disclosures from the company on the dividend payment execution.