Housing Development Finance Corporation Ltd
HDFC in the business of Across Banking , Insurance , Asset and Other Financial Services.
- Market Cap ₹ 452,723 Cr.
- Current Price ₹ 2,510
- High / Low ₹ 2,896 / 1,473
- Stock P/E 25.9
- Book Value ₹ 798
- Dividend Yield 0.84 %
- ROCE 11.1 %
- ROE 18.0 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 19.59% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 22.41%
Cons
- Stock is trading at 3.14 times its book value
- Company has low interest coverage ratio.
- Tax rate seems low
Peer comparison
Sector: Finance Industry: Finance - Housing
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 21,243 | 19,655 | 22,908 | 24,587 | 28,747 | 23,182 | 32,824 | 29,072 | 16,600 | 29,954 | 34,083 | 39,259 |
Interest | 6,023 | 6,699 | 7,427 | 7,745 | 7,663 | 8,203 | 8,221 | 7,885 | 7,800 | 7,942 | 7,518 | 6,954 |
10,817 | 9,587 | 11,964 | 13,154 | 17,116 | 11,683 | 13,715 | 18,171 | 5,414 | 18,715 | 22,219 | 27,172 | |
Financing Profit | 4,402 | 3,369 | 3,518 | 3,688 | 3,968 | 3,296 | 10,888 | 3,016 | 3,386 | 3,296 | 4,346 | 5,133 |
Financing Margin % | 21% | 17% | 15% | 15% | 14% | 14% | 33% | 10% | 20% | 11% | 13% | 13% |
Other Income | 12 | 1,020 | 3,828 | 679 | 2,160 | 1,333 | 1,228 | 1,653 | 1,650 | 1,607 | 1,650 | 1,769 |
Depreciation | 19 | 31 | 32 | 46 | 22 | 50 | 54 | 68 | 84 | 86 | 89 | 91 |
Profit before tax | 4,396 | 4,359 | 7,314 | 4,321 | 6,106 | 4,579 | 12,062 | 4,601 | 4,951 | 4,816 | 5,906 | 6,811 |
Tax % | 23% | 24% | 17% | 22% | 21% | 23% | 11% | 9% | 12% | 16% | 15% | 16% |
Net Profit | 3,961 | 2,942 | 5,759 | 3,038 | 4,492 | 3,094 | 10,389 | 3,835 | 4,115 | 3,614 | 4,600 | 5,177 |
EPS in Rs | 23.64 | 17.48 | 33.95 | 17.67 | 26.09 | 17.94 | 60.16 | 22.18 | 23.76 | 20.83 | 25.61 | 28.76 |
Gross NPA % | ||||||||||||
Net NPA % | ||||||||||||
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 11,676 | 25,413 | 25,765 | 30,276 | 35,948 | 40,753 | 48,316 | 53,223 | 61,034 | 79,474 | 95,694 | 101,726 | 119,896 |
Interest | 7,647 | 7,289 | 7,876 | 11,552 | 14,296 | 16,608 | 18,710 | 20,296 | 21,953 | 24,718 | 29,525 | 32,109 | 30,216 |
1,160 | 14,188 | 12,623 | 12,484 | 14,170 | 15,314 | 19,516 | 21,228 | 26,377 | 44,714 | 51,819 | 48,983 | 73,520 | |
Financing Profit | 2,869 | 3,937 | 5,266 | 6,240 | 7,483 | 8,831 | 10,089 | 11,699 | 12,704 | 10,042 | 14,349 | 20,633 | 16,160 |
Financing Margin % | 25% | 15% | 20% | 21% | 21% | 22% | 21% | 22% | 21% | 13% | 15% | 20% | 13% |
Other Income | 30 | 38 | 28 | 27 | 39 | 61 | 74 | 34 | 53 | 6,282 | 7,891 | 5,816 | 6,675 |
Depreciation | 37 | 91 | 49 | 51 | 54 | 47 | 47 | 121 | 108 | 116 | 141 | 256 | 351 |
Profit before tax | 2,863 | 3,884 | 5,244 | 6,217 | 7,467 | 8,846 | 10,117 | 11,613 | 12,650 | 16,207 | 22,099 | 26,193 | 22,484 |
Tax % | 37% | 32% | 29% | 28% | 27% | 27% | 31% | 31% | 32% | 19% | 20% | 13% | |
Net Profit | 2,310 | 3,241 | 4,528 | 5,463 | 6,640 | 7,948 | 8,763 | 10,190 | 11,051 | 11,980 | 16,232 | 21,435 | 17,505 |
EPS in Rs | 16.24 | 22.58 | 30.87 | 36.98 | 42.94 | 50.93 | 55.65 | 64.50 | 69.56 | 71.48 | 94.29 | 123.75 | 98.96 |
Dividend Payout % | 37% | 32% | 29% | 30% | 29% | 27% | 27% | 26% | 26% | 28% | 22% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 16% |
3 Years: | 19% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 20% |
3 Years: | 25% |
TTM: | -20% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 17% |
3 Years: | 11% |
1 Year: | 19% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 18% |
3 Years: | 17% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
284 | 287 | 293 | 295 | 309 | 312 | 315 | 316 | 318 | 335 | 344 | 346 | 359 | |
Reserves | 14,670 | 17,895 | 20,897 | 23,921 | 31,581 | 37,263 | 44,757 | 50,534 | 59,690 | 91,488 | 111,389 | 126,133 | 143,609 |
Borrowings | 85,941 | 98,463 | 118,056 | 142,479 | 163,663 | 190,602 | 217,357 | 249,418 | 293,795 | 336,416 | 386,755 | 425,368 | 426,906 |
16,296 | 27,280 | 36,009 | 45,641 | 56,225 | 68,712 | 87,078 | 97,519 | 120,319 | 138,320 | 162,321 | 177,936 | 203,573 | |
Total Liabilities | 117,191 | 143,926 | 175,255 | 212,336 | 251,778 | 296,889 | 349,507 | 397,786 | 474,122 | 566,560 | 660,810 | 729,782 | 774,447 |
677 | 613 | 808 | 842 | 851 | 1,002 | 1,470 | 1,568 | 2,266 | 2,349 | 2,310 | 5,476 | 5,509 | |
CWIP | -0 | -0 | 3 | 7 | 32 | 21 | 9 | 19 | 54 | 23 | 24 | 59 | 15 |
Investments | 21,003 | 32,743 | 41,597 | 48,639 | 59,492 | 72,914 | 93,782 | 104,721 | 132,855 | 172,218 | 210,704 | 243,248 | 98,794 |
95,510 | 110,570 | 132,848 | 162,849 | 191,403 | 222,951 | 254,245 | 291,478 | 338,947 | 391,969 | 447,771 | 481,000 | 670,130 | |
Total Assets | 117,191 | 143,926 | 175,255 | 212,336 | 251,778 | 296,889 | 349,507 | 397,786 | 474,122 | 566,560 | 660,810 | 729,782 | 774,447 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-7,493 | 677 | -11,402 | -17,534 | -11,969 | -10,735 | -9,118 | -19,710 | -14,173 | -57,928 | -44,301 | -26,885 | |
-4,585 | -10,616 | -7,857 | -6,275 | -10,212 | -12,983 | -18,552 | -9,309 | -27,236 | -7,954 | -10,316 | -9,874 | |
13,388 | 13,011 | 19,801 | 23,194 | 23,174 | 25,719 | 24,820 | 29,111 | 43,127 | 63,344 | 54,986 | 38,774 | |
Net Cash Flow | 1,311 | 3,071 | 542 | -615 | 992 | 2,000 | -2,850 | 92 | 1,718 | -2,538 | 369 | 2,015 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 17% | 20% | 23% | 24% | 24% | 23% | 21% | 21% | 20% | 16% | 16% | 18% |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d
- Press Release - Reduction In Its Retail Prime Lending Rate (RPLR) On Housing Loans 3 Mar
- Intimation In Terms Of Regulation 30 Of The SEBI (LODR) Regulations, 2015 Regarding Issue Of Ncds 3 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2 Mar
- Announcement under Regulation 30 (LODR)-Diversification / Disinvestment 25 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse