HDB Financial Services
709.40
-5.60(-0.78%)
Market Cap₹58,869.36 Cr
PE Ratio27.28
Company Performance:
1D-0.78%
1M-7.74%
6M-4.52%
1Y-15.64%
5Y-15.64%
View Company Insightsright
More news about HDB Financial Services
14Jan 26
HDB Financial Services Reports No Deviation in IPO Proceeds Utilization for Q3 FY26
HDB Financial Services Limited filed its Q3 FY26 compliance statement confirming no deviation in IPO proceeds utilization. The company raised ₹2,500.00 crores through its IPO on June 30, 2025, and listed on NSE and BSE on July 2, 2025. CARE Ratings Limited monitors fund usage, with both audit committee and auditors providing nil comments on fund deployment.
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14Jan 26
HDB Financial Services Q3 Net Profit Surges 36.3% to ₹644 Crore on Loan Growth
HDB Financial Services delivered strong Q3 performance with net profit jumping 36.3% to ₹644 crore driven by 22.1% growth in net interest income and 12% expansion in assets under management to ₹1,14,853 crore. The company has made its earnings call audio recording available on its website for investor access.
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01Jan 26
Allied Blenders Lock-in Period Expires January 2; Stock Up 114% from Issue Price
Allied Blenders & Distillers faces lock-in expiry on January 2, with 55.9 million shares (20% equity) worth ₹3,355 crore becoming tradeable. Despite Thursday's 2% decline, the stock has gained 114% from its issue price, demonstrating strong performance since listing. HDB Financial Services also sees concurrent lock-in expiry affecting ₹37,000 crore worth of shares.
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29Dec 25
HDB Financial Services Reports Strong Q3FY26 Results with 36% Profit Growth
HDB Financial Services announced impressive Q3FY26 financial results with net profit surging 36.3% year-on-year to ₹6,439 million and revenue from operations growing 12.8% to ₹46,735 million. The company maintained strong capital adequacy at 21.81% and delivered consistent growth across all key financial metrics.
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25Dec 25
HDB Financial Services highlights digital transformation in India's retail credit landscape
HDB Financial Services identifies significant changes in India's retail credit landscape, with 99% of loans now processed digitally. Consumer preferences are shifting towards premium products, particularly in electronics. Credit growth is expanding from major states to emerging centers, reflecting broader socio-economic changes and increased financial inclusion. The company notes faster processing speeds, reduced documentation requirements, and AI-driven credit scoring as key features of the evolving lending industry.
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17Dec 25
Jefferies Maintains 'Buy' Rating on HDB Financial Services with ₹900.00 Price Target
Jefferies has reaffirmed its 'Buy' rating for HDB Financial Services, maintaining a price target of ₹900.00. This decision reflects the brokerage firm's continued confidence in the company's market position and growth prospects. The maintained rating and price target suggest Jefferies sees value in the stock at current levels, potentially influencing investor sentiment and trading activity.
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11Nov 25
HDB Financial Services Raises Rs 460 Crore Through NCD Allotment
HDB Financial Services has successfully raised Rs 460 crore through the allotment of Non-Convertible Debentures (NCDs) on a private placement basis. The allotment comprises two tranches of secured redeemable NCDs, each with a face value of Rs 1,00,000. Tranche 1 consists of 18,500 NCDs totaling Rs 185 crore with a 997-day tenure, while Tranche 2 includes 27,500 NCDs amounting to Rs 275 crore with a 1788-day tenure. Both tranches carry a coupon rate of 7.33%. The NCDs are secured by hypothecation of the company's receivables and will be listed on the Wholesale Debt Market Segment of BSE Limited.
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24Oct 25
HDB Financial Services Raises ₹250 Crore Through Secured Debentures
HDB Financial Services, an NBFC, has raised ₹250 crore by issuing secured redeemable non-convertible debentures (NCDs). The issue comprises 25,000 NCDs of ₹1,00,000 each, with a tenure of 1,806 days and an interest rate of 7.33% per annum. The NCDs will be listed on the Wholesale Debt Market Segment of BSE Limited. Interest payments will be made annually on October 23 from 2026 to 2029, with the final payment due on the maturity date of October 04, 2030. The debentures are secured by hypothecation of the company's present and future receivables, maintaining a minimum asset cover of 1.0 times.
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18Oct 25
HDB Financial Services Reports 13% Loan Growth, Faces Challenges in CV Segment in Q2 FY26
HDB Financial Services reported a 13% year-on-year growth in its gross loan book, reaching ₹111,409.00 crores for Q2 FY26. Net Interest Income increased by 19.60% to ₹2,192.00 crores, with Net Interest Margin improving by 40 bps to 7.90%. The company faced challenges in the commercial vehicle segment, with Gross Stage 3 assets rising to 2.81%. Despite this, consumer finance showed positive signs, and the company remains optimistic about growth prospects due to festive season demand and GST rate cuts. HDB Financial Services aims for an 18-20% CAGR book growth over 3-5 years, contingent on GDP growth and market conditions.
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16Oct 25
HDB Financial Services Reports Mixed Q2 Results; Shares Drop Below IPO Price
HDB Financial Services, an HDFC Bank subsidiary, reported mixed Q2 results. Profit after tax fell 1.70% to ₹581.00 crore, missing estimates due to higher provisions. Net interest income grew 20.00% to ₹2,192.00 crore, and the loan book expanded 13.00% to ₹1,11,409.00 crore. Asset quality showed stress with gross Stage 3 loans increasing to 2.81%. The company expects credit costs to moderate to 2.20% and targets 18-20% loan growth over 3-5 years. An interim dividend of ₹2.00 per share was declared.
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15Oct 25
HDB Financial Services Reports Mixed Q2 Results, Declares Interim Dividend
HDB Financial Services announced Q2 results with revenue up 13.63% to ₹45.45 billion, but net profit down 1.69% to ₹5.81 billion. The gross stage 3 ratio increased to 2.81%. The company declared an interim dividend of ₹2.00 per share and granted significant employee stock options at ₹739.85 per share.
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15Oct 25
HDB Financial Services Grants ESOPs Ahead of Q2 Results, Stock Down 16% Since Listing
HDB Financial Services has approved Employee Stock Options (ESOPs) under three plans: 18A, 18B, and 18C, totaling 3,446,170 options at a grant price of ₹739.85 each. The options will vest over three years, with 30% in the first two years and 40% in the third. This comes as the company's stock trades below its IPO price, down 16% since listing. Analysts expect 13% year-on-year loan growth and margin expansion in Q2 results. The stock is consolidating above ₹700-740 support, with potential upside to ₹800-850 if sustained above ₹740.
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13Oct 25
HDB Financial Services Sets Q2 Results Date, Considers Interim Dividend
HDB Financial Services will hold a Board meeting on October 15 to review Q2 and H1 FY2023-24 financial results and consider an interim dividend. An earnings call is scheduled for 6:30 p.m. the same day. The company has implemented a trading window closure from October 1 to 17 for designated individuals. The stock has shown recent volatility, declining 1.62% in the past 5 sessions, 6.94% in the past month, and 12.90% since its July listing.
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09Oct 25
HDB Financial Services Secures ₹200 Crore Through Private Debenture Allocation
HDB Financial Services has successfully raised ₹200 crore through a private placement of 20,000 secured debentures. The debentures have a coupon rate of 7.18% and a tenure of 1,079 days. They will be listed on BSE's wholesale debt market. The company's Board of Directors is scheduled to meet on October 15, 2025, to consider Q2 FY2025-26 financial results and a potential interim dividend declaration.
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01Oct 25
HDB Financial Shares Surge 3% as RBI Eases Business Overlap Concerns
HDB Financial Services, a subsidiary of HDFC Bank, saw its shares increase by up to 3% following RBI's decision to remove proposed regulatory restrictions on business overlap between banks and their group entities. This addresses a key concern highlighted in HDB Financial's IPO prospectus and potentially allows for more operational flexibility. The stock closed 2.60% higher at ₹769.70, rebounding from a recent dip below its IPO price of ₹740.00.
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25Sept 25
HDB Financial Services Raises Rs 275 Crore Through NCD Private Placement
HDB Financial Services has raised Rs 275 crore by issuing Non-Convertible Debentures (NCDs) through private placement. The company allotted 27,500 secured redeemable NCDs with a face value of Rs 1,00,000 each on September 25, 2025. The NCDs have a coupon rate of 7.33% (XIRR 7.32%) with a tenure of 1,044 days, maturing on August 4, 2028. Interest payments are scheduled for August 4, 2026, and August 4, 2027, with final payment at maturity. The NCDs are secured by hypothecation of the company's receivables and will be listed on BSE's Wholesale Debt Market Segment.
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05Sept 25
HDB Financial Services Shareholders Approve Three Employee Stock Option Schemes
HDB Financial Services obtained shareholder approval for three Employee Stock Option Schemes (ESOS) through a postal ballot. The 2014, 2017, and 2022 ESOS received approval rates of 93.47%, 93.47%, and 92.01% respectively. The voting saw participation from 1,263,623 shareholders, representing 86.23% of outstanding shares. Promoter and Promoter Group showed 100% support, while Public Institutional Investors had mixed support and Public Non-Institutional Investors showed over 97% approval across all schemes.
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14Aug 25
HDB Financial Services Raises Rs. 200 Crore Through NCD Issuance
HDB Financial Services has successfully raised Rs. 200 crore by issuing 20,000 Non-Convertible Debentures (NCDs) via private placement. The NCDs have a face value of Rs. 1,00,000 each, a tenure of 1,135 days, and a coupon rate of 7.18% per annum. The maturity date is set for September 22, 2028, with annual coupon payments. The NCDs are secured by hypothecation of the company's receivables and will be listed on the Wholesale Debt Market Segment of BSE Limited.
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07Aug 25
HDB Financial Services Raises Rs. 500 Crore Through NCD Private Placement
HDB Financial Services has successfully raised Rs. 500 crore through a private placement of Non-Convertible Debentures (NCDs). The issuance, approved on August 7, 2025, comprises 50,000 NCDs with a face value of Rs. 1 lakh each. The NCDs have a tenure of 881 days, maturing on January 5, 2028, with a coupon rate of 7.9611% per annum. The debentures are secured by a first and exclusive charge over the company's present and future receivables, maintaining a minimum asset cover of 1.0 times. The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.
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30Jul 25
HDB Financial Services: Lock-in Expiry Looms as Q3 Results Show Mixed Performance
HDB Financial Services, a subsidiary of HDFC Bank, is approaching a significant market event as the lock-in period for 3% of its shares (23 million) expires. The stock currently trades at Rs 745.05, 0.60% above its issue price but 10% below its listing price. Q3 FY2024 results show a 2% YoY decrease in net profit to Rs 568.00 crore, while net interest income grew 18% to Rs 2,092.00 crore, driven by strong advances growth.
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22Jul 25
HDB Financial Services Reports Mixed Q1 Results with Rising Credit Costs and Slower Disbursements
HDB Financial Services reported mixed Q1 results with total gross loans at ₹1.09 lakh crores, up 14.30% YoY. Net interest income rose 6.00% QoQ to ₹2,092 crores, with NIM expanding to 7.70%. Profit after tax reached ₹568 crores. However, the company faced asset quality challenges with Gross Stage 3 assets increasing to 2.56% and credit costs rising to ₹670 crores. Disbursements declined 14.00% sequentially to ₹15,171 crores. The loan book remains diversified across Enterprise Lending, Asset Finance, and Consumer Finance segments.
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16Jul 25
HDB Financial Services: Analysts Remain Bullish Despite Weak Q1 Results
HDB Financial Services, a subsidiary of HDFC Bank, reported mixed Q1 results. Total gross loans increased by 14.30% YoY to ₹1,09,342.00 crore, and AUM rose 15% YoY to ₹1,09,690.00 crore. Net profit declined slightly by 2% YoY to ₹568.00 crore. Net interest income grew 18% YoY to ₹2,092.00 crore, with NIM improving to 7.70%. Gross stage 3 loans increased to 2.56% from 1.93% YoY. The company maintained a strong capital adequacy ratio of 20.18% and expanded its customer base by 20.40% YoY to 20.1 million. Despite weak Q1 results, analysts from Emkay Global and InCred Equities maintain a positive outlook, projecting up to a 10% increase in stock price.
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15Jul 25
HDB Financial Services Reports 14.7% YoY AUM Growth, Q1 Profit Dips Slightly
HDB Financial Services, a subsidiary of HDFC Bank, reported a 14.7% year-over-year growth in Assets Under Management (AUM) to ₹1.10 trillion for Q1 ended June 30. Total gross loans increased by 14.3% to ₹1,09,342.00 crore. Net interest income rose 18.3% to ₹2,092.00 crore. However, profit after tax decreased marginally by 2.4% to ₹568.00 crore. Gross Stage 3 loans increased to 2.56% from 1.93% year-ago. The company maintained a strong capital position with a Capital Adequacy Ratio of 20.18%. Its distribution network expanded to 1,771 branches across 1,166 cities, with the customer base growing by 20.4% year-over-year to 20.1 million.
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15Jul 25
HDB Financial Services Reports 2.4% Dip in Q1 Profit and Increase in Gross Stage 3 Loans
HDB Financial Services, HDFC Bank's NBFC subsidiary, reported a 2.4% year-on-year decline in Q1 net profit to Rs 568.00 crore. However, net interest income increased by 18% to Rs 2,092.00 crore, and total income rose 15% to Rs 4,465.00 crore. The company's Gross Stage 3 loans increased to 2.56% from 2.26% in the previous quarter. This marks the company's first quarterly results since its successful IPO, which was oversubscribed 17.65 times. Emkay Global has initiated coverage with a 'Buy' rating and a target price of Rs 900.00.
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HDB Financial Services
709.40
-5.60
(-0.78%)
1 Year Returns:-15.64%
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