Housing Development Finance Corporation Ltd
Housing Development Finance Corporation Limited is an Indian financial services company based in Mumbai, India. It is a major housing finance provider in India. It also has a presence in banking, life and general insurance, asset management, venture capital, realty, education, deposits and education loans
- Market Cap ₹ 486,194 Cr.
- Current Price ₹ 2,662
- High / Low ₹ 2,934 / 2,026
- Stock P/E 32.2
- Book Value ₹ 679
- Dividend Yield 1.13 %
- ROCE 7.52 %
- ROE 12.0 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 31.5%
Cons
- Stock is trading at 3.92 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.69% over past five years.
- Company might be capitalizing the interest cost
* 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
Sector: Finance Industry: Finance - Housing
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 12,853 | 17,333 | 21,112 | 24,143 | 27,401 | 30,905 | 33,113 | 40,689 | 43,348 | 58,739 | 48,150 | 47,957 | 52,351 |
Interest | 7,560 | 11,157 | 13,891 | 16,029 | 17,975 | 19,375 | 20,896 | 23,498 | 27,838 | 31,001 | 28,615 | 26,739 | 29,760 |
432 | 511 | 660 | 696 | 842 | 1,420 | 1,481 | 3,971 | 2,355 | 7,263 | 4,587 | 3,832 | 3,744 | |
Financing Profit | 4,861 | 5,665 | 6,561 | 7,418 | 8,584 | 10,111 | 10,736 | 13,221 | 13,155 | 20,474 | 14,948 | 17,385 | 18,848 |
Financing Margin % | 38% | 33% | 31% | 31% | 31% | 33% | 32% | 32% | 30% | 35% | 31% | 36% | 36% |
25 | 22 | 35 | 55 | 70 | 51 | 47 | 18 | 30 | 24 | 26 | 33 | 34 | |
Depreciation | 19 | 21 | 24 | 32 | 30 | 54 | 56 | 49 | 67 | 148 | 159 | 172 | 208 |
Profit before tax | 4,867 | 5,666 | 6,573 | 7,440 | 8,624 | 10,108 | 10,727 | 13,190 | 13,119 | 20,351 | 14,815 | 17,246 | 18,675 |
Tax % | 27% | 27% | 26% | 27% | 31% | 30% | 31% | 17% | 27% | 13% | 19% | 20% | |
Net Profit | 3,535 | 4,123 | 4,848 | 5,440 | 5,990 | 7,093 | 7,443 | 10,959 | 9,632 | 17,770 | 12,027 | 13,742 | 15,084 |
EPS in Rs | 24.10 | 27.91 | 31.35 | 34.86 | 38.04 | 44.90 | 46.85 | 65.39 | 55.96 | 102.59 | 66.67 | 75.80 | 83.14 |
Dividend Payout % | 37% | 39% | 40% | 40% | 39% | 38% | 38% | 31% | 38% | 20% | 34% | 40% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 8% |
3 Years: | 3% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 13% |
3 Years: | 13% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 6% |
3 Years: | 3% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 15% |
3 Years: | 15% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
293 | 295 | 309 | 312 | 315 | 316 | 318 | 335 | 344 | 346 | 361 | 363 | 363 | |
Reserves | 17,023 | 18,722 | 24,521 | 27,643 | 30,655 | 33,754 | 39,277 | 64,879 | 77,011 | 85,812 | 108,115 | 119,581 | 123,077 |
115,112 | 139,128 | 158,828 | 183,973 | 208,599 | 237,763 | 279,732 | 319,716 | 366,214 | 419,102 | 441,365 | 499,681 | 529,034 | |
6,814 | 9,375 | 11,703 | 13,504 | 14,383 | 17,044 | 17,980 | 13,979 | 15,208 | 18,834 | 17,758 | 21,237 | 27,309 | |
Total Liabilities | 139,242 | 167,520 | 195,361 | 225,432 | 253,952 | 288,877 | 337,306 | 398,910 | 458,778 | 524,094 | 567,599 | 640,862 | 679,783 |
234 | 234 | 238 | 280 | 677 | 665 | 1,000 | 1,040 | 973 | 2,239 | 2,196 | 4,130 | 4,266 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | 11,832 | 12,207 | 13,613 | 13,913 | 14,294 | 15,345 | 20,053 | 30,717 | 46,240 | 64,944 | 68,637 | 68,592 | 75,048 |
127,176 | 155,079 | 181,510 | 211,239 | 238,980 | 272,867 | 316,254 | 367,153 | 411,565 | 456,910 | 496,765 | 568,141 | 600,469 | |
Total Assets | 139,242 | 167,520 | 195,361 | 225,432 | 253,952 | 288,877 | 337,306 | 398,910 | 458,778 | 524,094 | 567,599 | 640,862 | 679,783 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-17,212 | -23,755 | -19,840 | -21,469 | -25,469 | -27,405 | -36,119 | -55,904 | -41,166 | -43,817 | -28,437 | -44,410 | |
-527 | 180 | -867 | 152 | 199 | 853 | -1,398 | -3,587 | -9,952 | -5,854 | -8,500 | -14,572 | |
18,644 | 22,695 | 21,531 | 23,628 | 22,392 | 26,301 | 39,088 | 56,506 | 50,246 | 52,452 | 34,565 | 58,777 | |
Net Cash Flow | 905 | -880 | 825 | 2,311 | -2,878 | -250 | 1,571 | -2,985 | -871 | 2,781 | -2,372 | -204 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 22% | 23% | 22% | 21% | 20% | 22% | 20% | 21% | 14% | 22% | 12% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5h - Earnings call for the quarter/nine-months ended December 31, 2022
- Disclosure As per Regulation 30 Of SEBI (LODR) Regulations, 2015 - Issue Of NCD Submission Of Final Term Sheet 24 Jan
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 Jan
- Disclosure As per Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Issue Of Ncds 20 Jan
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Jan
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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May 2022TranscriptPPT
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Apr 2022TranscriptPPT
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Nov 2018TranscriptPPT
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May 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Aug 2017TranscriptPPT
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May 2016TranscriptPPT
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Feb 2016TranscriptPPT
Pioneer In Housing Finance In India
In 1977, HDFC Ltd. became the first housing finance company in India [1]. Later, HDFC itself incorporated India’s next three housing finance companies – Gruh Finance [2], SBI Home Finance and Can Fin Homes [3] [4].