Housing & Urban Development Corporation Ltd. (HUDCO) was listed on the NSE and BSE on May 19, 2017. In the last five years, its stock has given a massive return of more than 900%. Will HUDCO continue to provide such great returns in the future as well? Let’s explore HUDCO’s future growth potential and the HUDCO share price target 2025 to 2050 in this article.
HUDCO (Housing and Urban Development Corporation) is a government-owned company in India under the Ministry of Housing and Urban Affairs. It was founded in 1970 to finance housing and urban infrastructure projects across the nation. In April 2024, it got ‘Navratna’ status, recognizing its operational and financial autonomy among PSU companies.
HUDCO Business Model
Providing Loans to Government & Private Agencies: HUDCO (Housing and Urban Development Corporation) provides loans to state governments, housing boards, and private developers for housing and urban infrastructure projects.
Funding Affordable Housing Projects: HUDCO provides money to build low-cost housing for weaker sections of society.
Financing Urban Infrastructure: The company provides funding for projects such as water supply, sewage systems, roads, and public transportation.
Consultancy and Advisory Services: HUDCO earns money by providing governments and private companies with expert advice on housing policy, urban planning, and project management.
Government Support & Subsidies: HUDCO could receives grants or government assistance for special projects. These funds support operations and generate income indirectly.
HUDCO Fundamental Analysis
Stock Name
Housing & Urban Development Corporation Ltd.
NSE Symbol
HUDCO
Market Cap
₹ 45,423 Cr.
52W High
₹ 354
52W Low
₹ 159
Stock P/E
16.8
Book Value
₹ 89.8
Dividend Yield
1.82 %
ROCE
9.62 %
ROE
15.7 %
Face Value
₹ 10.0
Industry PE
19.8
Price to book value
2.55
Debt to equity
5.97
PEG Ratio
1.74
Quick ratio
1.37
HUDCO Shareholding Pattern
Shareholders
March 2023
March 2024
March 2025
Promoters
81.81%
75.00%
75.00%
FIIs
0.30%
1.91%
2.46%
DIIs
7.29%
11.39%
9.69%
Public
10.61%
11.70%
12.85%
No. of Shareholders
3,30,615
5,52,637
9,32,389
Key Factors Driving HUDCO’s Future Growth
Government Push for Affordable Housing and Urban Development: The government of India is aggressively promoting affordable housing through schemes such as the Pradhan Mantri Awas Yojana (PMAY). HUDCO plays an important role in funding and supporting these projects, ensuring the company’s long-term growth opportunities.
Smart Cities and Urban Infrastructure Mission: HUDCO is heavily involved in major urban development initiatives such as the Smart Cities Mission, AMRUT, and Swachh Bharat. These initiatives ensure a steady flow of infrastructure projects, boosting HUDCO’s future revenue.
Increased Budget Allocation for Housing Sector: In the Union Budget 2024-25, the government allocated ₹79,000 crore to the PMAY program. Such large-scale housing investments directly benefit HUDCO, ensuring a robust project pipeline and growth momentum.
Growth into Tier II and Tier III Cities: HUDCO is increasing its presence in smaller cities and towns by funding housing and basic infrastructure projects. This broadens its customer base and opens up new markets with high demand potential.
Low NPA Levels and Strong Financial Health: HUDCO is actively working to reduce its non-performing assets (NPAs), with a goal of lowering gross NPA to 1.5% by FY27. A clean loan book boosts profits and investor confidence.
Pros of HUDCO
Low PE Ratio Compared to Peers: HUDCO has a PE ratio of16.8, which is lower than the industry average of 19.8, making it relatively undervalued and potentially a good investment opportunity.
Increase in FIIs Holding: Foreign Institutional Investors (FIIs) have increased their holding to 2.46% in March 2025 from 2.08% in December 2024, which indicates growing confidence in the HUDCO future potential by the FIIs.
Cons of HUDCO
Low Return on Capital Employed (ROCE): HUDCO’s 5-year average ROCE is 9.25%, indicating inefficient use of capital to generate profits.
HUDCO Ltd Balance Sheet
Particulars
March 2023
March 2024
March 2025
Equity Capital
2,002
2,002
2,002
Reserves
13,442
14,611
15,966
Borrowing
62,905
73,996
107,297
Other Liabilities
2,621
2,814
3,231
Total Liabilities
80,969
93,422
128,496
Fixed Assets
90
88
90
CWIP
19
15
14
Investments
630
297
1,318
Other Assets
80,230
93,022
127,074
Total Assets
80,969
93,422
128,496
HUDCO Share Price Target 2025
By the end of 2025, the HUDCO share price is expected to be around ₹280 in normal conditions. In a bear market, it might be ₹200, and in a bull market, it may cross ₹350.
HUDCO Share Price Target 2025
Rupees (₹)
Bear Market
200
Normal Market
280
Bull Market
350
HUDCO Share Price Target 2026
In 2026, the HUDCO share price is expected to be around ₹340 in a normal situation. In a bear market, it might be ₹220, and in a bull market, it may cross ₹450.
HUDCO Share Price Target 2026
Rupees (₹)
Bear Market
220
Normal Market
340
Bull Market
450
HUDCO Share Price Target 2027
According to our analysis, the HUDCO share price is expected to be around ₹400 in 2027. In a bear market, it might be ₹250, and in a bull market, it may cross ₹600.
HUDCO Share Price Target 2027
Rupees (₹)
Bear Market
250
Normal Market
400
Bull Market
600
HUDCO Share Price Target 2028
According to our analysis, the HUDCO share price may trade near ₹500 by 2028; bearish conditions could pull it down to ₹270, while a strong bull run might lift it to ₹750.
HUDCO Share Price Target 2028
Rupees (₹)
Bear Market
270
Normal Market
500
Bull Market
750
HUDCO Share Price Target 2029
Under normal conditions, the HUDCO share price might hit ₹600 by 2029. A bearish trend could lower it to ₹300, whereas a bullish surge could raise it to ₹1000.
HUDCO Share Price Target 2029
Rupees (₹)
Bear Market
300
Normal Market
600
Bull Market
1000
HUDCO Share Price Target 2030
In a normal situation, the HUDCO share price is projected to be approximately ₹700 in 2030. In a bear market, the value may be as low as ₹350, while in a bull market, it may rise to ₹1300.
HUDCO Share Price Target 2030
Rupees (₹)
Bear Market
350
Normal Market
700
Bull Market
1300
HUDCO Share Price Target 2035
By 2035, the HUDCO share price is projected to be around ₹1400 under normal conditions. In adverse markets, the price could fall to ₹500, while favorable conditions might push it up to ₹1400.
HUDCO Share Price Target 2035
Rupees (₹)
Bear Market
500
Normal Market
1400
Bull Market
3900
HUDCO Share Price Target 2040
Under normal conditions, the HUDCO share price might hit ₹2800 by 2040. A bearish trend could lower it to ₹800, whereas a bullish surge could raise it to ₹11,700.
HUDCO Share Price Target 2040
Rupees (₹)
Bear Market
800
Normal Market
2800
Bull Market
11,700
HUDCO Share Price Target 2050
In 2050, the HUDCO share price is expected to be around ₹11,200 in a normal situation. In a bear market, it might be ₹2350, and in a bull market, it may go up to ₹72,200.
HUDCO Share Price Target 2050
Rupees (₹)
Bear Market
2350
Normal Market
11,200
Bull Market
72,200
Quick Summary of HUDCO Share Price Target 2025 to 2050
Years
Target Price
HUDCO Share Price Target 2025
₹200 to ₹350
HUDCO Share Price Target 2026
₹220 to ₹450
HUDCO Share Price Target 2027
₹250 to ₹600
HUDCO Share Price Target 2028
₹270 to ₹750
HUDCO Share Price Target 2029
₹300 to ₹1000
HUDCO Share Price Target 2030
₹350 to ₹1300
HUDCO Share Price Target 2035
₹500 to ₹3900
HUDCO Share Price Target 2040
₹800 to ₹11,700
HUDCO Share Price Target 2050
₹2350 to ₹72,200
Disclaimer
This article is for educational purposes only. It is not a stock recommendation and should not be treated as such. Please ask your financial advisor before making any investment decision.
Yogesh Jalwania is a stock market trader and investor with 3+ years of experience. He share valuable insights on stock market trends, mutual funds and IPOs.
