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 ₹ 445,706 Cr.
- Current Price ₹ 2,456
- High / Low ₹ 3,021 / 2,026
- Stock P/E 19.5
- Book Value ₹ 990
- Dividend Yield 1.22 %
- ROCE 8.60 %
- ROE 13.4 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 21.1%
Cons
- Tax rate seems low
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | 25,765 | 30,276 | 35,948 | 40,753 | 48,316 | 53,223 | 61,034 | 79,474 | 95,694 | 101,726 | 139,034 | 135,926 | 128,119 |
Interest | 7,876 | 11,552 | 14,296 | 16,608 | 18,710 | 20,296 | 21,953 | 24,718 | 29,525 | 32,109 | 29,081 | 27,230 | 28,292 |
12,623 | 12,484 | 14,170 | 15,314 | 19,516 | 21,228 | 26,377 | 44,714 | 51,819 | 48,983 | 92,319 | 89,037 | 80,161 | |
Financing Profit | 5,266 | 6,240 | 7,483 | 8,831 | 10,089 | 11,699 | 12,704 | 10,042 | 14,349 | 20,633 | 17,634 | 19,659 | 19,666 |
Financing Margin % | 20% | 21% | 21% | 22% | 21% | 22% | 21% | 13% | 15% | 20% | 13% | 14% | 15% |
28 | 27 | 39 | 61 | 74 | 34 | 53 | 6,282 | 7,891 | 5,816 | 6,959 | 9,012 | 9,316 | |
Depreciation | 49 | 51 | 54 | 47 | 47 | 121 | 108 | 116 | 141 | 256 | 355 | 419 | 481 |
Profit before tax | 5,244 | 6,217 | 7,467 | 8,846 | 10,117 | 11,613 | 12,650 | 16,207 | 22,099 | 26,193 | 24,237 | 28,252 | 28,501 |
Tax % | 29% | 28% | 27% | 27% | 31% | 31% | 32% | 19% | 20% | 13% | 15% | 15% | |
Net Profit | 4,528 | 5,463 | 6,640 | 7,948 | 8,763 | 10,190 | 11,051 | 11,980 | 16,232 | 21,435 | 18,740 | 22,595 | 22,862 |
EPS in Rs | 30.87 | 36.98 | 42.94 | 50.93 | 55.65 | 64.50 | 69.56 | 71.48 | 94.29 | 123.75 | 103.88 | 124.62 | 126.19 |
Dividend Payout % | 29% | 30% | 29% | 27% | 27% | 26% | 26% | 28% | 22% | 17% | 22% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 12% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 15% |
3 Years: | 12% |
TTM: | 13% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 7% |
3 Years: | 5% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 15% |
3 Years: | 15% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
293 | 295 | 309 | 312 | 315 | 316 | 318 | 335 | 344 | 346 | 361 | 363 | |
Reserves | 20,897 | 23,921 | 31,581 | 37,263 | 44,757 | 50,534 | 59,690 | 91,488 | 111,389 | 126,133 | 156,045 | 179,184 |
118,056 | 142,479 | 163,663 | 190,602 | 217,357 | 249,418 | 293,795 | 336,416 | 386,755 | 425,368 | 447,011 | 507,460 | |
36,009 | 45,641 | 56,225 | 68,712 | 87,078 | 97,519 | 120,319 | 138,320 | 162,321 | 177,936 | 225,814 | 279,224 | |
Total Liabilities | 175,255 | 212,336 | 251,778 | 296,889 | 349,507 | 397,786 | 474,122 | 566,560 | 660,810 | 729,782 | 829,230 | 966,230 |
808 | 842 | 851 | 1,002 | 1,470 | 1,568 | 2,266 | 2,349 | 2,310 | 5,476 | 5,312 | 12,745 | |
CWIP | 3 | 7 | 32 | 21 | 9 | 19 | 54 | 23 | 24 | 59 | 47 | 39 |
Investments | 41,597 | 48,639 | 59,492 | 72,914 | 93,782 | 104,721 | 132,855 | 172,218 | 210,704 | 243,248 | 302,481 | 352,484 |
132,848 | 162,849 | 191,403 | 222,951 | 254,245 | 291,478 | 338,947 | 391,969 | 447,771 | 481,000 | 521,390 | 600,962 | |
Total Assets | 175,255 | 212,336 | 251,778 | 296,889 | 349,507 | 397,786 | 474,122 | 566,560 | 660,810 | 729,782 | 829,230 | 966,230 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-11,402 | -17,534 | -11,969 | -10,735 | -9,118 | -19,710 | -14,173 | -57,928 | -44,301 | -26,801 | -27,276 | -44,028 | |
-7,857 | -6,275 | -10,212 | -12,983 | -18,552 | -9,309 | -27,236 | -7,954 | -10,316 | -9,874 | -6,958 | -19,887 | |
19,801 | 23,194 | 23,174 | 25,719 | 24,820 | 29,111 | 43,127 | 63,344 | 54,986 | 38,690 | 31,665 | 63,541 | |
Net Cash Flow | 542 | -615 | 992 | 2,000 | -2,850 | 92 | 1,718 | -2,538 | 369 | 2,015 | -2,570 | -374 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 % | 23% | 24% | 24% | 23% | 21% | 21% | 20% | 16% | 16% | 18% | 13% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
16h - Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
1d - Approval from the Competition Commission of India ('CCI') for the proposed composite scheme of amalgamation ('Scheme') for the amalgamation of: (i) HDFC Investments Limited and …
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
1d - Allotment of Equity Shares pursuant to exercise of stock options under Employees Stock Option Schemes
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Aug - Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015
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
from nse
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Financial Year 2010
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Financial Year 2010
from nse
Concalls
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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].