HDB Financial Services Unlisted Shares
About HDB Financial Services Unlisted Shares
1. About HDB Financial Services (HDBFS)
HDB Financial Services (HDBFS) is a prominent Non-Banking Financial Company (NBFC) in India that specializes in offering a diverse range of financial services to both retail and commercial clients. Established in 2008, the company has rapidly expanded its footprint and built a strong reputation for reliability and customer-centric financial products. Operating as a Systemically Important Non-Deposit Taking NBFC, HDBFS is known for its solid capitalization, widespread network, and a strong track record in the Indian financial ecosystem. With high ratings from agencies such as CARE AAA and CRISIL AAA for long-term debt, HDBFS is considered a stable and credible financial institution.
2. Business Divisions
HDB Financial Services offers a broad spectrum of financial products and services, aimed at both individuals and businesses:
- Loans:
HDBFS provides a variety of loan products, including consumer loans (gold loans, auto loans, personal loans, loans against mutual funds) and enterprise loans for small and medium-sized businesses. The company also offers asset financing for vehicles and income-generating assets like trucks and tractors. - Fee-Based Products:
Through partnerships with HDFC Life and HDFC Ergo, HDBFS acts as a Corporate Insurance Agent, offering life and general insurance products. These products cater to both individual and corporate clients, providing comprehensive coverage for various financial needs. - BPO Services:
HDBFS runs an extensive Business Process Outsourcing (BPO) division with 15 call centers across India. These call centers manage collections and due-diligence services, supporting the company’s lending and other financial operations.
3. Financial Highlights
The financial performance of HDB Financial Services highlights its growth trajectory and strong market position. Here are key financial insights for FY2024:
- Revenue Growth:
The company saw impressive revenue growth, with interest earned amounting to ₹11,157 crore in FY2024, a significant increase from ₹8,928 crore in FY2023. This increase highlights strong demand for its loan products and services. - Profit After Tax (PAT):
HDBFS recorded a PAT of ₹2,461 crore in FY2024, marking a 26% increase from ₹1,959 crore in FY2023. This indicates strong profitability and efficient cost management, contributing to the company’s overall financial health. - Improved Asset Quality:
Gross NPAs decreased to 1.9% in FY2024 from 2.73% in FY2023, reflecting the company’s effective risk management strategies and improved asset quality. The net NPA stood at 1.9%, a slight increase from 2.29% in FY2022, but still indicative of stable performance. - Earnings Per Share (EPS):
The EPS for FY2024 reached ₹31.03, an increase from ₹24.75 in FY2023. This growth in EPS reflects improved profitability and value creation for shareholders. - Total Assets and Liabilities:
HDBFS’ total assets increased to ₹92,556 crore in FY2024, up from ₹70,050 crore in FY2023. The company’s liabilities also rose to ₹92,556 crore, primarily due to increased borrowings, but it still maintained a manageable debt-equity ratio, ensuring liquidity.
Disclaimer*This research has been conducted on available data. Investors are advised to perform their own research and due diligence before making any investment decisions. We are not responsible for any financial losses or inaccuracies in the data provided
Pros
- Diverse Product Portfolio: Offers a wide range of financial products, enhancing revenue stability.
- Strong Market Presence: Extensive network of 1,468 branches across 1,070 cities serves diverse client needs.
- Improved Financial Performance: Consistent growth in revenue and profitability, with a 26% increase in FY2024 PAT.
Cons
- Dependency on Borrowings: High borrowings increase financial costs and vulnerability to interest rate fluctuations.
- Risk of NPAs: Fluctuating NPA ratio, with 1.9% in FY2024, requires continued focus on asset quality.
- Regulatory Challenges: Vulnerable to changes in government policies and regulations affecting lending and operations.
Key Details
| Share Name | HDB Financial Services |
|---|---|
| Particulars | IPO |
| Shares Price | Per Equity Share |
| Lot Size | 50 Shares |
| 52 Week High | ₹ 1550 |
| 52 Week Low | ₹ 925 |
| Depository | NSDL & CDSL |
| PAN Number | AABCH8761M |
| ISIN Number | INE756I01012 |
| CIN | U65993GJ2007PLC051028 |
| RTA | Link Intime |
| IPO Status | Approved from NSE and BSE, awaiting in-principle approval from SEBI |
| Fundamentals | Value |
|---|---|
| Market Cap (in cr.) | #VALUE! |
| P/E Ratio | #VALUE! |
| P/B Ratio | #VALUE! |
| Debt to Equity | 5.15 |
| ROE (%) | 14% |
| Book Value | 198.8 |
| EPS | 27.32 |
| Face Value | 10 |
| Total Shares | 795776345 |
Financials
| P&L Statement | 2025 | 2024 | 2023 |
|---|---|---|---|
| Interest Earned | 13836 | 11157 | 8928 |
| Other Income | 2465 | 3014 | 3475 |
| Interest Expended | 6390 | 4864 | 3512 |
| Operating Expenses | 4869 | 4790 | 4933 |
| Provisions and contingencies | 2113 | 1067 | 1330 |
| PAT | 2176 | 2461 | 1959 |
| eps | 27.34 | 31.03 | 24.75 |
| Gross NPA | 2.26 | 1.9 | 2.73 |
| Net NPA | 2.26 | 1.9 | 2.72 |
| Ratio | FY25 | FY24 | FY23 |
|---|---|---|---|
| Operating Margin | 57.00% | 58.00% | 49% |
| Net Profit Margin | 13% | 17% | 16% |
| Return on Equity | 14% | 18% | 17% |
| Debt-Equity | 5.15 | 5 | 4.49 |
| Current Ratio | 1.16 | 1.17 | 1.18 |
| Dividend Payout | 4% | 10% | 0% |
| Company | HDB FINANCIAL SERVICES LTD | BAJAJ FINANCE LTD | MUTHOOT FINANCE LTD |
|---|---|---|---|
| Market Cap (₹ Crores) | 75599 | 563800 | 90239 |
| Profitability Margin (%) | 13% | 24% | 30% |
| ROCE (%) | 55% | 11% | 13% |
| ROE (%) | 14% | 19% | 18% |
| D/E Ratio | 5.15 | 3.74 | 2.91 |
| P/E Ratio | 34.77 | 33.90 | 19.00 |
| P/B Ratio | 4.78 | 5.83 | 3.3 |
| Book Value per Share (₹) | 198.80 | 1556.00 | 673 |
| Assets | 2025 | 2024 | 2023 |
|---|---|---|---|
| Fixed Assets | 275 | 162 | 122 |
| Cash and Balances | 984 | 703 | 654 |
| Investments | 2060 | 3380 | 1243 |
| Advances | 103343 | 86721 | 66383 |
| Other Assets | 2001 | 1590 | 1648 |
| Total Assets | 108663 | 92556 | 70050 |
| Liabilities | 2025 | 2024 | 2023 |
|---|---|---|---|
| Share Capital | 795.8 | 793.1 | 791.4 |
| FV | 10 | 10 | 10 |
| Reserves | 15024 | 12949 | 10645.5 |
| Borrowings | 81394 | 68682 | 51324 |
| Deposits | 0 | 0 | 0 |
| Other Liabilities | 11449.2 | 10131.9 | 7289.1 |
| Total Liabilities | 108663 | 92556 | 70050 |
Promoters or Management
Frequently Asked Questions
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.
The procedure to buy HDB Financial Services unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. Once the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.
In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.
The HDB Financial Services unlisted shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.
The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size of HDB Financial Services, please visit the stock page on our website: www.unlistedhub.com
There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.
Before IPO, there is no restriction on sale and transfer of your HDB Financial Services unlisted shares. But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period of 6 months after listing on the stock exchange.
Once the selling price and quantity of shares is agreed with us, we will provide you with a UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds are released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.
