HDFC Securities Unlisted Shares
About HDFC Securities Unlisted Shares
1. About HDFC Securities Limited
HDFC Securities Limited, a subsidiary of HDFC Bank, is a leading financial intermediary in India, specializing in stock broking and distribution services. Established in 2000 through a joint venture between HDFC Bank, HDFC Limited, and Indocean eSecurities Holdings, the company has since become one of India’s most prominent stock broking firms. In 2006, HDFC Bank acquired HDFC Ltd’s stake in HDFC Securities, and by 2008, it became a fully-owned subsidiary, further consolidating its position in the market.
2. Business Divisions and Services
HDFC Securities operates as the stock broking and distribution arm of the HDFC Group, providing a wide array of financial products and services:
- Stock Broking Services:
HDFC Securities offers a comprehensive range of stock broking services, including online trading for both retail and institutional clients. It is affiliated with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), allowing access to a wide variety of financial instruments, including equities, derivatives, and more. - Financial Products and Advisory Services:
The company provides investment advisory services and a range of financial products such as mutual funds, initial public offerings (IPOs), and fixed-income instruments. Through its digital platforms, it makes it easy for customers to access these services from anywhere. - Online Trading Platform:
HDFC Securities is renowned for its advanced online trading platform, which offers professional traders the tools needed for efficient and effective trading. This platform, designed for both beginners and experienced traders, allows clients to track market movements in real-time and execute trades instantly. - Research and Analysis:
The company also offers robust research and analysis tools, providing clients with detailed insights into market trends, financial instruments, and potential investment opportunities. These services help clients make well-informed decisions in the fast-moving financial market.
3. Financial Highlights of HDFC Securities
HDFC Securities has demonstrated strong financial performance over the years. Below are some key financial highlights based on the latest available data:
- Revenue Growth:
In FY2024, HDFC Securities reported a total revenue of ₹2,660 crore, marking a notable increase from ₹1,874 crore in FY2023. This revenue growth is reflective of the company’s strong performance in the stock broking segment and the expanding customer base. - Profit After Tax (PAT):
The company’s PAT for FY2024 stood at ₹951 crore, an increase from ₹777 crore in FY2023. This strong growth in profitability indicates effective cost management and a stable business model. - Margins and Profitability:
HDFC Securities maintained impressive margins, with an Operating Profit Margin (OPM) of 72.78% in FY2024, slightly down from 73.48% in FY2023 but still indicative of strong profitability. Its EBIT margin stood at 70.38%, showing its ability to generate profits despite challenges in the market. - Earnings Per Share (EPS):
The EPS for FY2024 was ₹595.49, up from ₹491.77 in FY2023. This growth in EPS indicates that the company is generating value for its shareholders and enhancing profitability. - Market Valuation and P/E Ratio:
As of the latest valuation, HDFC Securities is valued at approximately ₹20,000 crore, based on its share price of ₹12,400 and 1.583 crore outstanding shares. The Price-to-Earnings (P/E) ratio stands at 25x, reflecting a stable valuation relative to the company’s earnings.
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
- Strong Parentage: Backed by HDFC Bank, providing financial stability and credibility.
- Technological Advancements: Advanced digital platforms enhance accessibility and customer experience.
- Robust Market Presence: 262 branches across 161 cities ensure wide accessibility for diverse customers.
Cons
- Market Sensitivity: Vulnerable to stock market volatility, affecting trading volumes and profitability.
- Regulatory Risks: Navigating complex regulatory frameworks could impact operational efficiency.
- Limited International Presence: Restricted global growth potential due to limited international operations.
Key Details
| Particulars | Value |
|---|---|
| HDFC Securities Limited | 10800.00 |
| Shares Price | Per Equity Share |
| Lot Size | 10 Shares |
| 52 Week High | ₹ 12000 |
| 52 Week Low | ₹ 9750 |
| Depository | NSDL & CDSL |
| PAN Number | AAACH8215R |
| ISIN Number | INE700G01014 |
| CIN | U67120MH2000PLC152193 |
| RTA | Datamatic Business Solutions |
| Fundamentals | Value |
|---|---|
| Market Cap (in cr.) | 19194 |
| P/E Ratio | 17.00 |
| P/B Ratio | 5.73 |
| Debt to Equity | 2.37 |
| ROE (%) | 34 |
| Book Value | 1883.88 |
| EPS | 635.21 |
| Face Value | 10 |
| Total Shares | 17771969 |
Financials
| P&L Statement | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 3264 | 2660 | 1874 |
| Cost of Material Consumed | 0 | 0 | 0 |
| Gross Margins (%) | 100 | 100 | 100 |
| Change in Inventory | 0 | 0 | 0 |
| Employee Benefit Expenses | 480 | 384 | 275 |
| Other Expenses | 433 | 340 | 222 |
| EBITDA | 2351 | 1936 | 1377 |
| OPM (%) | 72.03 | 72.78 | 73.48 |
| Other Income | 0.7 | 0 | 17 |
| Finance Cost | 785 | 600 | 296 |
| D&A | 70 | 64 | 57 |
| EBIT | 2281 | 1872 | 1320 |
| EBIT Margins (%) | 69.88 | 70.38 | 70.44 |
| PBT | 1496 | 1271 | 1042 |
| PBT Margins (%) | 45.83 | 47.78 | 55.6 |
| Tax | 372 | 320 | 265 |
| PAT | 1124 | 951 | 777 |
| NPM (%) | 34.44 | 35.75 | 41.46 |
| EPS | 635.03 | 595.49 | 491.77 |
| Ratio | FY25 | FY24 | FY23 |
|---|---|---|---|
| Operating Margin | 70% | 70% | 71% |
| Net Profit Margin | 34% | 36% | 41% |
| Return on Equity | 34% | 47% | 43% |
| Debt-Equity | 2.37 | 4.70 | 2.92 |
| Current Ratio | 1.29 | 1.15 | 1.27 |
| Dividend Payout | 80% | 86% | 90% |
| Company | HDFC SECURITIES | MOTILAL OSWAL FINANCIAL SERVICES LTD | ICICI SECURITIES LTD |
|---|---|---|---|
| Market Cap (₹ Crores) | 16795 | 44307 | 29149 |
| Profitability Margin (%) | 34% | 30% | 31% |
| ROCE (%) | 16% | 19% | 18% |
| ROE (%) | 34% | 25% | 42% |
| D/E Ratio | 2.37 | 1.33 | 3.89 |
| P/E Ratio | 14.88 | 17.70 | 15.00 |
| P/B Ratio | 5.02 | 3.90 | 5.38 |
| Book Value per Share (₹) | 1883.88 | 185.00 | 167 |
| Assets | 2025 | 2024 | 2023 |
|---|---|---|---|
| Fixed Assets | 161 | 62 | 80 |
| CWIP | 7 | 5.5 | 28 |
| Investments | 1064 | 1018 | 1227 |
| Trade Receivables | 1177 | 1286 | 407 |
| Inventory | 0 | 0 | 0 |
| Other Assets | 11622 | 11731.5 | 6526 |
| Total Assets | 14031 | 14103 | 8268 |
| Liabilities | 2025 | 2024 | 2023 |
|---|---|---|---|
| Share Capital | 17.7 | 15.97 | 15.8 |
| FV | 10 | 10 | 10 |
| Reserves | 3330 | 2013 | 1781 |
| Borrowings | 7944 | 9532 | 4619 |
| Trade Payables | 2396 | 2174 | 982 |
| Other Liabilities | 343.3 | 368.03 | 870.2 |
| Total Liabilities | 14031 | 14103 | 8268 |
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 HDFC Securities 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 HDFC Securities 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 HDFC Securities, 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 HDFC Securities 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.
