HUDCO Surpasses AUM Targets, Boosts Urban Infra Focus & Aims for Net-Zero NPA

• HUDCO expects to exceed its AUM target, projecting ₹1.6 lakh crore by FY26, surpassing the earlier ₹1.5 lakh crore goal.
• The company aims to achieve a ₹3 lakh crore AUM by 2030, potentially ahead of schedule by FY28/FY29, driven by a 25% CAGR.
• Urban infrastructure projects are a key focus, targeting 75% of AUM, supported by India's 'Viksit Bharat' infra push.
• HUDCO is aggressively pursuing net-zero NPA status, resolving legacy bad loans and expecting significant recoveries.
• Repo rate cuts will benefit HUDCO, allowing it to pass on advantages to state governments for project support.

Why It Matters: HUDCO is on a strong growth path, exceeding financial targets and prioritizing urban infrastructure.