HDB Financial Services Ltd

₹ 733 1.43%

23 Jun - close price

About

Incorporated in 2007, HDB Financial Services Limited (HDBFS) is a non-deposit-taking NBFC and a subsidiary of HDFC Bank engaged in providing lending solutions.^[1]

Key Points

Business Overview:^[1]
HDB Financial Services Ltd is a non-deposit-taking NBFC and a subsidiary of HDFC Bank. Classified as an Upper Layer NBFC by the RBI, the company offers lending solutions to individuals, micro enterprises, and businesses through a diversified portfolio across Enterprise Lending, Asset Finance, and Consumer Finance segments.

Website BSE NSE

Market Cap ₹ 60,887 Cr.
Current Price ₹ 733
High / Low ₹ 892 / 555
Stock P/E 28.0
Book Value ₹
Dividend Yield 0.55 %
ROCE 9.79 %
ROE 14.7 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

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 500 Nifty 500 BSE IPO BSE Financial Services BSE 150 MidCap Index BSE 250 LargeMidCap Index BSE 400 MidSmallCap Index BSE Diversified Financials Revenue Growth Nifty LargeMidcap 250 Nifty Midcap 150 Nifty MidSmallcap 400 Nifty 500 Multicap 50:25:25 Nifty Total Market Nifty500 Equal Weight Nifty IPO Nifty500 LargeMidSmall Equal-Cap Weighted BSE Select IPO BSE 1000

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2024	Dec 2024	Mar 2025
	3,667	4,144	4,266
Interest	1,377	1,645	1,650
	1,368	1,809	1,858
Financing Profit	922	689	758
Financing Margin %	25%	17%	18%
	0	0	0
Depreciation	40	49	54
Profit before tax	882	641	704
Tax %	26%	26%	25%
	656	472	531
EPS in Rs	8.27	5.95	6.67
Gross NPA %
Net NPA %
Raw PDF

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
Interest	2,449	3,333	3,512	4,907	6,433
	3,096	3,605	6,153	5,817	6,745
Financing Profit	1,482	1,786	2,738	3,449	3,122
Financing Margin %	21%	20%	22%	24%	19%
	-0	-0	1	1	0
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	11.92	14.68	24.76	31.03	27.34
Dividend Payout %	13%	12%	8%	10%	11%

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	15%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-12%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	17%
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
Borrowing	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
Free Cash Flow	-8,237	-9,039	-6,960	-16,858	-13,834
CFO/OP	-218%	-184%	-99%	-191%	-135%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2018	Mar 2019	Mar 2023	Mar 2024	Mar 2025
ROE %	15%	17%	17%	20%	15%

Insights

In beta

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Gross Stage 3 Loans Ratio
% ・Standalone data

x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx
						xx.xx	xx.xx	xx.xx	xx.xx	xx.xx
								x,xxx	x,xxx	x,xxx
								xx.xx	xx.xx	xx.xx
								x,xxx	x,xxx	x,xxx
										xxx,xxx
										x.xx
										xx,xxx

Please log in to see hidden values.

Provision Coverage Ratio (Stage 3)
% ・Standalone data

Coverage - Number of Cities and Towns
Number ・Standalone data

Customer Franchise
Million ・Standalone data

Number of Branches
Number ・Standalone data

Average Ticket Size (Overall Loan Book)
INR ・Standalone data

Concentration - Top 20 Borrowers contribution to Loans
% ・Standalone data

Employee Count (Lending Business)
Number ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

	Sep 2025	Dec 2025	Mar 2026
	74.19%	74.15%	74.12%
	3.17%	3.32%	3.01%
	10.93%	11.41%	12.29%
	11.48%	10.90%	10.35%
	0.23%	0.23%	0.23%
No. of Shareholders	11,57,250	10,27,204	9,61,497

	Mar 2026
	74.12%
	3.01%
	12.29%
	10.35%
	0.23%
No. of Shareholders	9,61,497

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Annual reports

Financial Year 2026
from bse

DRHP

Credit ratings

Concalls

Apr 2026
Transcript PPT REC
Jan 2026
Transcript PPT REC
Oct 2025
Transcript PPT
Jul 2025
Transcript PPT