WEBVTT

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we have Sanjay KRA chairman and managing

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director of hco Housing and Urban

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Development Corporation limited joining

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in stop under pressure today because I

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suppose um there was even a bigger

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expectation of what the budget kex would

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be for housing but quite a bit of

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announcements for PM AAS yoga it'll be

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expanding for additional three CR

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families Mr kesa very good morning want

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to get your take on what the budget

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announcements mean for you and your

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company I think this is the best budget

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which was expected by the country and

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it's a very revolutionary kind of budget

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it will not only provide the

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microeconomic stability but also

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generate the housing and the skill set

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if I'm talking about the housing skill

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set then I will be talking about the

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financial reform eese of doing business

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uh investment into the sectors like

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energy or housing or Urban Development

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Mobility or energy transition so

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everything has been covered and so

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beautifully crafted budget that

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everything is speaking about the policy

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and reforms are coming with ease of

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doing business so so I think it's a

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budget of simplification along with the

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investment uh a lot of things had been

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had been talked about in the budget very

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very very very in details so I think

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this is the budget of the expectation

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and it it will rather iser uh economic

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growth growth into the investment

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sectors in the infrastructure sector and

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the sectors which you see which are

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covered starting from the msme or SMS so

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everything is towards the towards the

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creation of the skill set and the

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infrastructure

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finally uh so taking from that let me

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ask a followup Mr KR in your own

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estimation based on what you heard in

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the budget and the projection for the

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next financial year what are you

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building in as your own internal Targets

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in terms of uh Topline growth in terms

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of and how you speaking to your teams

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I'm sure that you've already had

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conversations with them

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uh hardco if you see from last last year

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we are continuously improving our

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numbers and uh uh our year to year is

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already 40% so we will be sustaining

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that kind of growth momentum it is not

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because because the company is doing

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that thing but actually the policy

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advocacy from the government of India

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side the commitment from the state

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government side and the overall

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ecosystem is supporting the

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infrastructure growth so it is it is the

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time of monetization it is a time of

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expansion of the harmonized dist so all

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these things will give us a good uh

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tailwind and uh I think we need to

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revive our numbers uh because we were

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discussing around 1.5 lakh cres uh which

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needs to certainly be reviewed and

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revised and uh this work is still in

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progress and we are discussing with our

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stakeholders and uh I think it will be

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the upward and uh just wait for some

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time we will be coming with some upward

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number for next okay so so let let me

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just uh ensure that I have this

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understood right because at the end of

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the third quarter your loan book stood

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at 1.18 lakh CR and you were guiding for

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1.5 lakh CR by the end of FY 26 right

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and that's only uh 25 27% increase so

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therefore what you're saying is it could

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be substantially higher Mr Kish just

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roughly I'm not going to point a gun at

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you but give give us an understanding of

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the kind of positivity or optimism that

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you have if it's not 27% what could it

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be I will not Dil any number but yes it

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will be plus 27% because there are

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reasons to believe uh just uh couple of

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months back the PM uh the project that

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you had also talked about it will

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generate three crores of the households

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in next five years of the time and if

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you see these houses are the epit of the

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infrastructure growth but all these

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things hco is the company which has

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which has exposure available towards

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landing and the borrowing side

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continuously cutting down our cost of

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funds and the financial ratios are very

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strong so we are well positions position

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to iser that kind of growth within the

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company and which will support and

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supplement the vision of the government

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of India so I am very hopeful that with

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all these sectors with the expanded

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harmonized list with M which we had

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signed during last uh last year and now

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we are planning certain more M us new

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cities will be developing tourist will

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be developing all these things will sper

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New Growth new engines and uh I'm very

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sure that we will be we will be uh

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growing by more than 27 maybe around 30%

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or so but the numbers has to be worked

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out very diligently so that we will not

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we will not come out with the faceless

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that the numbers are not being achieved

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Mr K thanks so much for joining us and

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for giving us the perspective that you

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did uh today and all the best to you in

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the new Financial year