Share it on:
Company Overview
Introduction
HDB Financial Services (HDBFS) is a leading Non-Banking Financial Company (NBFC) catering to both Retail & Commercial Clients in India. It is a Systemically Important Non-Deposit taking NBFC.
Incorporation and Ratings
Incorporation: Established in 2008 in Mumbai, India.
Ratings: Accredited with CARE AAA & CRISIL AAA ratings for long-term debt & Bank facilities, and an A1+ rating for short-term debt & commercial papers.
Product Portfolio:
- Loans: Offers a wide range including consumer loans (White, Brown, digital, household), gold loans, consumer durable loans, auto loans, personal loans, and loans against mutual funds.
- Enterprise Loans: Provides secured and unsecured loans tailored for Small and Medium Enterprises (SMEs).
- Asset Finance: Provides loans specifically for vehicle purchases and income-generating vehicles.
- Fee-Based Products: Acts as corporate insurance agents offering life and general insurance products.
- BPO Services: Provides collection services, including a contract with HDFC Bank spanning 15 call centers across India.
Infrastructure:
- Operates 1,468 branches in 1,070 cities across India as of March 31, 2020.
Major Events:
- Incorporated in 2007, became a subsidiary of HDFC Bank in 2015.
Notable Achievements:
- Strong presence in both urban and rural areas.
- Diverse portfolio of financial products and services.
- Recognized for excellent customer service, innovative use of technology, robust risk management practices, and proactive CSR initiatives.
Financial Performance (2022-23):
- Asset Under Management (AUM): ₹66,383 Crore
- Revenue: ₹12,403 Crore
- Outstanding Borrowing: ₹24,227.8 Crore
- Profit After Tax (PAT): ₹1,959 Crore
- Earnings Per Share (EPS): ₹25
- Book Value: ₹145
Fundamentals
| Fundamentals | Value | Fundamentals | Value |
|---|---|---|---|
| Current Price | ₹ 1100 | Debt to Equity | 5 |
| Market Cap (in Cr.) | ₹ 87,241 | Face Value | ₹ 10 |
| Book Value | ₹ 173.27 | ROE (%) | 17.91 |
| P/B | 6.35 | P/E Ratio | 35.45 |
| PAN Number | AABCH8761M | EPS | ₹ 31.03 |
| ISIN | INE756I01012 | No. Of Shares (in Cr.) | 793.1 |
Promoters & Managements
| Name | Designation |
|---|---|
| Arijit Basu | Chairman |
| Ramesh G. | MD & CEO |
| Year | 2022 | 2023 | 2024 |
|---|---|---|---|
| Interest Earned | 8362 | 8928 | 11157 |
| Other Income | 2944 | 3475 | 3014 |
| Interest Expended | 3325 | 3512 | 4864 |
| Operating Expenses | 4068 | 4933 | 4790 |
| Provisions and contingencies | 2465 | 1330 | 1067 |
| PAT (Profit After Tax) | 1011 | 1959 | 2461 |
| EPS (Earnings Per Share) | 12.79 | 24.75 | 31.03 |
| Gross NPA (%) | 4.99 | 2.73 | 1.9 |
| Net NPA (%) | 2.29 | 2.72 | 1.9 |
| Advances | 57162 | 66383 | 86721 |
| Book Value | 120.69 | 144.51 | 173.27 |
| P / B (Price-to-Book Ratio) | 6.01 | 4.57 | 6.9 |
| ROE (%) (Return on Equity) | 10.6 | 17.13 | 17.91 |
Assets
| Assets | 2022 | 2023 | 2024 |
|---|---|---|---|
| Fixed Assets | 78 | 122 | 162 |
| Cash and Balances | 683 | 654 | 703 |
| Investments | 2233 | 1243 | 3380 |
| Advances | 57162 | 66383 | 86721 |
| Other Assets | 1869 | 1648 | 1590 |
| Total Assets | 62025 | 70050 | 92556 |
Liabilities
| Liabilities | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 790.44 | 791.4 | 793.1 |
| FV | 10 | 10 | 10 |
| Reserves | 8749 | 10645.5 | 12949 |
| Borrowings | 44833 | 51324 | 68682 |
| Deposits | 0 | 0 | 0 |
| Other Liabilities | 7643 | 7289.1 | 10131.9 |
| Total Liabilities | 62025.44 | 70050 | 92556 |
| Year | 2022 | 2023 | 2024 |
|---|---|---|---|
| PBT | 1347 | 2627 | 3305 |
| OPBWC | -1074 | -1382 | -1820 |
| Term Deposit | 0 | 0 | 0 |
| Change in Investment | -47 | 0 | 0 |
| Change in Advances | -1016 | -10463 | -21406 |
| Change in Deposit | 0 | 0 | 0 |
| Other Changes | 3580 | 4361 | 7240 |
| Working Capital Change | 2517 | -6102 | -14166 |
| Cash Generated From Operations | 1443 | -7484 | -15986 |
| Tax | -514 | -633 | 750 |
| Cash Flow From Operations | 1957 | -6851 | -16736 |
| Purchase of PPE | -41 | -111 | -123 |
| Sale of PPE | 1.27 | 1.5 | 1 |
| Purchase of Investment | -24583 | -49267 | -52917 |
| Sale of investments | 23920 | 50350 | 50894 |
| Others | -1 | 0 | 0 |
| Cash flow from Investment | -703.73 | 973.5 | -2145 |
| Proceeds from Borrowing | 17676 | 17208 | 29911 |
| Repayment of Borrowing | -19300 | -12507 | -20307 |
| Dividend | 0 | -150 | -254 |
| Proceeds from Equity | 37.89 | 0 | 71 |
| Others From Financing | 87 | 1245 | 9712 |
| Cash Flow from Financing | -1499.11 | 5796 | 19133 |
| Net Cash Generated | -245.84 | -81.5 | 252 |
| Cash at the Start | 753 | 477 | 396 |
| Cash at the End | 507.16 | 395.5 | 648 |
Share Holding Pattern
| Shareholder | 2022 | 2023 |
|---|---|---|
| HDFC Bank Limited (Holding Company & Promoter) | 94.96% | 94.96% |
| Others | 5.04% | 5.04% |
Frequently Asked Questions (FAQ)
Find answers to common questions, providing clarity and insights to address any queries on your mind.
Contact Us: Reach out to Unlistify to confirm availability and agree on a price.
Provide KYC: Submit your Client Master Report, PAN card, and a cancelled cheque.
Make Payment: Transfer funds to our designated bank account (RTGS/NEFT/IMPS/cheque). Ensure the payment originates from the same account where you want the shares credited.
Receive Shares: We’ll transfer the HDB Financial Services shares to your Demat account within 24 hours of payment confirmation.
Get a Quote: Unlistify will provide a buyback price for your HDB Financial Services shares.
Share Details: Submit your Client Master Report.
Transfer Shares: Transfer the HDB Financial Services to our Demat account using a DIS (Delivery Instruction Slip).
Receive Payment: We’ll transfer funds to your bank account within 24 hours of receiving the shares (RTGS/NEFT/IMPS/cheque). For security reasons, payment will only be made to the account linked to your Demat
DIS (Delivery Instruction Slip): A DIS is a form used to authorize the transfer of shares from your Demat account.
Methods:
Offline DIS: Fill out a physical DIS form with details like the ISIN number, quantity, price of your HDB Financial Services shares, and our account information. Submit this to your broker.
Online DIS: Some brokers offer online DIS systems for easier transfers.
Unlistify aims to make unlisted share investing accessible. The current minimum investment for HDB Financial Services Unlisted Shares is approximately 35,000 – 50,000 INR.
Limited Liquidity: Unlisted shares are not traded on public exchanges, making it potentially harder to find buyers when you want to sell.
Price Volatility: Prices can fluctuate more than listed shares due to less publicly available information.
Regulatory Changes: Regulations for unlisted shares can change, affecting their value and trading.
Company-Specific Risks: Each company has its own risks related to its industry, financials, and management.
No Guarantee of Listing: There’s no assurance that unlisted shares will ever be listed on a public exchange.
Market Leader: Unlistify is one of India’s fastest-growing unlisted share platforms.
Transparency: We provide clear information about each unlisted share, including potential risks.
Security: We prioritize the protection of your financial information.
Customer Support: Our team is dedicated to guiding you through the investment process.
Latest Funding: We consider the valuation from HDB Financial Services most recent funding round.
Comparable Companies: If there’s no recent funding, we analyze similar listed companies to estimate a fair value.
SEBI’s Influence: SEBI regulations do apply to some aspects of unlisted share trading, such as lock-in periods and transaction charges. However, there are no specific SEBI regulations for becoming an unlisted broker.
We aim for same-day transfer of HDB Financial Services Unlisted Shares to your Demat account after your payment is confirmed.
Tax Transition: Once your unlisted HDB Financial Services shares are listed and sold on an exchange, standard listed share tax rules apply.
Holding Period: Your holding period (for determining long-term vs. short-term capital gains tax) starts from the original unlisted purchase date.
