HDB Financial Services Ltd
Incorporated in 2007, HDB Financial Services Ltd is in the business of lending and providing BPO services[1]
- Market Cap ₹ 64,714 Cr.
- Current Price ₹ 780
- High / Low ₹ 892 / 778
- Stock P/E 29.7
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 9.79 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Finance Non Banking Financial Company (NBFC)
Part of BSE IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 7,027 | 8,725 | 12,403 | 14,173 | 16,300 | |
| 3,096 | 3,605 | 6,153 | 5,817 | 6,745 | |
| Operating Profit | 3,931 | 5,120 | 6,250 | 8,356 | 9,555 |
| OPM % | 56% | 59% | 50% | 59% | 59% |
| -0 | -0 | 1 | 1 | 0 | |
| Interest | 2,449 | 3,333 | 3,512 | 4,907 | 6,433 |
| Depreciation | 45 | 62 | 112 | 145 | 194 |
| Profit before tax | 1,436 | 1,724 | 2,627 | 3,305 | 2,928 |
| Tax % | 35% | 33% | 25% | 26% | 26% |
| 933 | 1,153 | 1,959 | 2,461 | 2,176 | |
| EPS in Rs | |||||
| Dividend Payout % | 13% | 12% | 8% | 10% | 11% |
| Compounded Sales Growth | |
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| TTM: | 15% |
| Compounded Profit Growth | |
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| TTM: | -12% |
| Stock Price CAGR | |
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| Return on Equity | |
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| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 783 | 786 | 791 | 793 | 796 |
| Reserves | 5,257 | 6,393 | 10,646 | 12,950 | 15,024 |
| 35,753 | 45,105 | 54,865 | 74,331 | 87,398 | |
| 3,653 | 4,257 | 3,748 | 4,483 | 5,446 | |
| Total Liabilities | 45,447 | 56,540 | 70,050 | 92,557 | 108,663 |
| 137 | 123 | 387 | 511 | 735 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 402 | 568 | 1,243 | 3,380 | 2,060 |
| 44,908 | 55,849 | 68,420 | 88,665 | 105,868 | |
| Total Assets | 45,447 | 56,540 | 70,050 | 92,557 | 108,663 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -8,186 | -8,991 | -6,851 | -16,736 | -13,626 | |
| -49 | -181 | 973 | -2,146 | 1,159 | |
| 8,226 | 9,445 | 5,796 | 19,134 | 12,770 | |
| Net Cash Flow | -8 | 273 | -81 | 252 | 303 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 7 | 5 | 2 | 3 | 5 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 7 | 5 | 2 | 3 | 5 |
| Working Capital Days | 2,125 | 2,125 | -99 | -108 | -107 |
| ROCE % | 11% | 11% | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 Jul - Q1 FY26 earnings call: ₹1.09L Cr loans, 2.56% gross NPA, ₹568 Cr PAT, NIM 7.7%, credit cost 2.5%.
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Announcement under Regulation 30 (LODR)-Allotment
17 Jul - Allotment of Rs.175 crore secured NCDs at 7.65% coupon, 3-year tenure, private placement.
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Audio Recording Of Earnings Call For The Quarter Ended June 30, 2025
15 Jul - Audio recording of Q1 2025 earnings call made available on company's website.
- Announcement under Regulation 30 (LODR)-Investor Presentation 15 Jul
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 Jul - Q1 FY26: AUM ₹1.09L cr (+14.7%), PAT ₹568 cr, higher Stage 3 loans at 2.56%.
Concalls
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Jul 2025Transcript PPT
Business Overview:[1]
HDBFSL is a non-banking finance company with 1,771 branches across 1,170 cities in India. Alongside its core lending business, it distributes insurance products for HDFC Ergo and HDFC Life. The company also offers BPO services to HDFC Bank, managing collections, back-office operations, and sales support.