HDB Financial Services (HDBFS) is a leading Non-Banking Financial Company (NBFC) that caters to the growing needs of an Aspirational India, serving both Individual & Business Clients.
HDB Financial Services Limited is a subsidiary company of HDFC Bank. The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI’s liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995.
Incorporated in 2007, HDB Financial a well-established business with strong capitalization. HDBFS is accredited with CARE AAA & CRISIL AAA ratings for its long-term debt & Bank facilities and an A1+ rating for its short-term debt & commercial papers, making it a strong and reliable financial institution. HDB Financial Services (HDBFS) is a subsidiary of HDFC bank.
HDB Financial Services (HDBFS) have quickly grown to have more than 1400 Branches spread across 24 States & 3 Union Territories.
HDB Financial Services (HDBFS) Loan Spread:
Personal Loan, New to Credit Loan, Doctor’s Loan, Business Loan, Auto Loan, Two Wheeler Loan, Fintech Co-Lending Programs, Gold Loan, Loan Against Property, Emergency Credit Line Guarantee Scheme (ECLGS), Enterprise Business Loan, Credit Card Balance Transfer, Consumer Durables Loan, Commercial Vehicle Loan, Construction Equipment Loan, Car Loan, Used Car Loan, Loan Against Securities, Loan Against KVP / NSC, Loan Against Bonds, Loan against Lease Rental, Equipment Loan, Tractor Loan, Life Insurance.
Financial Performance:
HDB Financial Services has posted total income and net profit of Rs.11,306.29 crore and Rs.1,011.40 crore, respectively,for the financial year ended March 31, 2022, as against Rs.10,944.78 crore and Rs.391.47 crore respectively, in the previous financial year.
HDB Financial Services Dividend:
The Directors of HDB Financial Services are have recommend a dividend of Re.1.00 (Rupee One only) per equity share i.e. 10% (Ten percent) on equity share of face value of `10.00 (Rupees Ten only) each, entailing a total payout of Rs.79.04 crore.
The proposal is subject to the approval of the shareholders at the ensuring Annual General Meeting (AGM) to be held on June 23, 2022.
Source – Annaul Report FY 2021-22
HDB Financial Services Ratings:
The CARE Ratings Limited (CARE) and CRISIL Ratings Limited (CRISIL) have reaffirmed highest ratings for the various facilities availed by the HDB Financial Services, details of which are given below:
| Name | HDB Financial Services Ltd Unlisted Shares |
|---|---|
| Face Value | Rs.10 |
| ISIN Code | INE756I01012 |
| PAN | AABCH8761M |
| Particulars | FY 2018-19 | FY 2019-20 | FY 2020-21 | FY 2021-22 |
|---|---|---|---|---|
| Assets Under Management | 55,425 | 58,833 | 61,561 | 61,444 |
| Borrowings | 45,105.10 | 49,804.09 | 50,358.75 | 48,973.08 |
| Interest income | 6,712.12 | 8,233.47 | 8,487.88 | 8,362.97 |
| Sale of Services | 1,648.12 | 2,113.23 | 2020.43 | 2,363.41 |
| Total Revenue from operations | 8,724.81 | 10,756.47 | 10,944.78 | 11,306.29 |
| Total Expenses | 7000.75 | 9,291.99 | 10,444.07 | 9,958.73 |
| Profit before tax | 1,724.06 | 1,464.48 | 500.71 | 1,347.56 |
| Profit for the year | 1,153.24 | 1004.85 | 391.47 | 1,011.40 |
| EPS (In INR) | 14.71 | 12.78 | 4.97 | 12.81 |
*Rates mentioned in the chart are indicative.
Total Number of Outstanding Shares: 790,440,031 (As per Annual Report FY 2021-22)
Market Cap Scenarios:
At 600 Rs/Share, HDB Financial Services Unlisted Shares values the company at approx. Rs. 47,426 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of HDB Financial Services unlisted shares.
At 650 Rs/Share, HDB Financial Services Unlisted Shares values the company at approx. Rs. 51,378 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of HDB Financial Services unlisted shares.
At 700 Rs/Share, HDB Financial Services Unlisted Shares values the company at approx. Rs. 55,308 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of HDB Financial Services unlisted shares.
At 750 Rs/Share, HDB Financial Services Unlisted Shares values the company at approx. Rs. 59,283 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of HDB Financial Services unlisted shares.
At 800 Rs/Share, HDB Financial Services Unlisted Shares values the company at approx. Rs. 63,235 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of HDB Financial Services unlisted shares.
At 850 Rs/Share, HDB Financial Services Unlisted Shares values the company at approx. Rs. 67,187 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of HDB Financial Services unlisted shares.
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