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HDB FINANCIAL SERVICES LIMITED

www.hdbfs.com
Active
Updated: 23 Oct 2024

The company provides financing, collection, and insurance services.

Hdb Financial Services Limited, is an unlisted public company incorporated on 04 June, 2007. It is classified as a public limited company and is located in Ahmedabad, Gujarat. It's authorized share capital is INR 1,001.55 cr and the total paid-up capital is INR 793.96 cr.

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Industry

Finance
Products
  • gold, consumer durables, commercial vehicle, enterprise business, auto, and tractor loans, nsecured loans, construction equipment, including personal and business, new to credit, doctor's
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
14.26%
₹ 14,171.1
EBITDA
33.0%
₹ 8,314.1
Net Profit
25.6%
₹ 2,460.8
Networth
20.16%
₹ 13,742.7
Borrowings
35.48%
₹ 74,330.7
Assets
32.13%
₹ 92,556.5
Gross Margin
-
- %
Operating Margin
8.27
58.7 %
Net Profit Margin
1.57
17.4 %
Return on Equity
0.78
17.9 %
ROCE
-26.67
-234.6 %
Debt to Equity
0.61
5.4
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (1)
State Type Address

location icon Locations on Map

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • HIGH LEVERAGE
  • LOW INTEREST COVERAGE
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers / Similar Companies

Manappuram Finance Limited Kerala
Muthoot Finance Limited Kerala
Piramal Capital & Housing Finance Limited Maharashtra
Tata Capital Limited Maharashtra

Peers

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 10,756.5 10,944.8 11,306.3 12,402.9 14,171.1
Operating profit 5,655.6 4,491.4 4,772.0 6,251.2 8,314.1
Net profit 1,004.8 391.5 1,011.4 1,959.4 2,460.8
Gross margin - - - - -
Operating margin 52.6 41.0 42.2 50.4 58.7
Net margin 9.3 3.6 8.9 15.8 17.4
Networth 8,017.8 8,446.2 9,539.7 11,437.0 13,742.7
Borrowings 49,804.1 50,358.7 48,973.1 54,865.3 74,330.7
Assets 60,714.5 62,641.1 62,025.9 70,050.4 92,556.5
Debt to equity 6.2 6.0 5.1 4.8 5.4
Current ratio - - - - -
ROE 12.5 4.6 10.6 17.1 17.9
Days payable - - - - -
WC days - - - - -
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 787.6 789.2 790.4 791.4 793.1
Reserves 7,230.2 7,657.0 8,749.3 10,645.6 12,949.6
Borrowings + 49,804.1 50,358.7 48,973.1 54,865.3 74,330.7
Long term borrowings 49,804.1 50,358.7 48,973.1 54,865.3 74,330.7
Short term borrowings - - - - -
Trade payables + 150.0 334.3 246.9 291.8 509.0
Days payable - - - - -
Other liabilities + 2,892.6 3,836.1 3,513.1 3,748.1 4,483.1
Other non-current liabilities - - - - -
Other current liabilities 2,742.6 3,501.8 3,266.2 3,456.3 3,974.1
Total liabilities 60,714.5 62,641.1 62,025.9 70,050.4 92,556.5
Fixed Assets + 133.6 99.5 90.1 142.8 184.7
Tangible assets 124.5 91.5 78.1 122.4 162.5
CWIP - - - - -
Intangible assets 9.1 8.0 12.0 20.4 22.1
LT loans and advances 57,145.9 58,601.4 57,162.4 66,382.7 86,721.3
Other non-current assets 2,739.1 3,012.4 3,978.0 2,872.8 4,834.9
Current assets + 695.9 927.7 795.4 652.1 815.7
Inventories - - - - -
Trade receivables 181.2 117.3 141.8 65.8 124.6
Cash and cash equivalents 356.0 753.5 507.8 395.9 647.9
ST loans and advances - - - - -
Other current assets 158.7 56.9 145.8 190.5 43.2
Total assets 60,714.5 62,641.1 62,025.9 70,050.4 92,556.5
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 10,756.5 10,944.8 11,306.3 12,402.9 14,171.1
Sales growth % 23.29 1.75 3.3 9.7 14.26
Expenses + 9,292.0 10,444.1 9,958.7 9,775.5 10,866.4
Cost of goods - - - - -
Employee cost 3,195.6 2,955.6 3,500.4 4,057.6 3,850.7
Other costs 1,905.3 3,497.8 3,033.9 2,094.1 2,006.2
Operating profit + 5,655.6 4,491.4 4,772.0 6,251.2 8,314.1
Operating margin % 52.6 41.0 42.2 50.4 58.7
Other income - - - - -
Interest 4,081.4 3,882.9 3,325.5 3,511.9 4,864.3
Depreciation 109.7 107.8 98.9 111.8 145.1
Exceptional items - - - - -
Profit before tax 1,464.5 500.7 1,347.6 2,627.4 3,304.7
Tax 459.6 109.2 336.2 668.0 843.8
Profit - disc. ops - - - - -
Net profit 1,004.8 391.5 1,011.4 1,959.4 2,460.8
Net margin % 9.3 3.6 8.9 15.8 17.4
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 6.2 6.0 5.1 4.8 5.4
Net Debt/Equity 6.2 5.9 5.1 4.8 5.4
Total Debt/Assets 0.8 0.8 0.8 0.8 0.8
Total Assets/Equity 7.6 7.4 6.5 6.1 6.7
Liquidity +
Current Ratio - - - - -
Quick Ratio - - - - -
Interest Coverage - - - - -
Performance
Gross Margin - - - - -
Operating Margin 52.6 41.0 42.2 50.4 58.7
Net Margin 9.3 3.6 8.9 15.8 17.4
Return +
Return on Equity 12.5 4.6 10.6 17.1 17.9
Pre-tax ROCE -268.8 -156.1 -177.8 -207.9 -234.6
Return on Assets 1.7 0.6 1.6 2.8 2.7
Pre-tax ROIC 9.7 7.5 8.1 9.3 9.3
Efficiency +
Days Payable - - - - -
Days Inventory - - - - -
Days Receivable - - - - -
Fixed Asset Turnover 80.5 110.0 125.4 86.9 76.7
Total Asset Turnover 0.2 0.2 0.2 0.2 0.1
Working Capital
Cash Conversion Cycle - - - - -
Working Capital Days - - - - -
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

IDBI Trusteeship Services Limited

No. of Loans: 10

Total Amount : 52,770.5 cr

2

HDFC Bank Limited

No. of Loans: 8

Total Amount : 23,300.0 cr

3

Union Bank of India

No. of Loans: 4

Total Amount : 5,500.0 cr

4

State Bank of India

No. of Loans: 3

Total Amount : 4,500.0 cr

5

Small Industries Development Bank of India

No. of Loans: 1

Total Amount : 4,000.0 cr

6

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 2

Total Amount : 3,445.0 cr

7

ICICI Bank Limited

No. of Loans: 3

Total Amount : 2,500.0 cr

8

SBICap Trustee Company Limited

No. of Loans: 1

Total Amount : 2,079.5 cr

9

IndusInd Bank Limited

No. of Loans: 1

Total Amount : 1,710.0 cr

10

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 1,558.3 cr

11

Punjab National Bank

No. of Loans: 2

Total Amount : 1,500.0 cr

12

Punjab and Sind Bank

No. of Loans: 1

Total Amount : 1,000.0 cr

13

Bank of India

No. of Loans: 1

Total Amount : 1,000.0 cr

14

Bank of Baroda

No. of Loans: 1

Total Amount : 1,000.0 cr

15

IDBI Bank Limited

No. of Loans: 2

Total Amount : 500.0 cr

16

Axis Bank Limited

No. of Loans: 3

Total Amount : 500.0 cr

17

Canara Bank

No. of Loans: 1

Total Amount : 500.0 cr

18

Central Bank of India

No. of Loans: 1

Total Amount : 400.0 cr

19

The Jammu and Kashmir Bank Limited

No. of Loans: 1

Total Amount : 300.0 cr

20

The Karnataka Bank Limited

No. of Loans: 1

Total Amount : 250.0 cr

21

City Union Bank Limited

No. of Loans: 1

Total Amount : 250.0 cr

22

The Catholic Syrian Bank Limited

No. of Loans: 1

Total Amount : 240.0 cr

23

CTBC BANK CO LTD

No. of Loans: 1

Total Amount : 75.0 cr

24

Dhanlaxmi Bank Limited

No. of Loans: 1

Total Amount : 60.0 cr

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Charges

IDBI Trusteeship Services Limited
HDFC Bank Limited
Union Bank of India
State Bank of India
Others

People

Designation Name DIN/PAN Tenure
Director Jayant Purushottam Gokhale 00190075 1 years
Director Venkatraman Srinivasan 00246012 10 years
Director Amla Ashim Samanta 00758883 6 years
Director Bhaskar Sharma 02871367 1 years
Managing Director Ramesh Ganesan
Shareholder
05291597 13 years
CFO Jaykumar Pravinchandra Shah
Shareholder
<HIDDEN> 3 years
Director Jimmy Minocher Tata
Shareholder
06888364 2 years
Director Arijit Basu 06907779 4 years
Director Smita Cawas Affinwalla 07106628 10 years
Director Jayesh Rajagopalan Chakravarthi 08345495 1 years
Director Adayapalam Kumaraswamy Viswanathan 08518003 6 years
Director Arundhati Mech 09177619 3 years
CS Dipti Khandelwal
Shareholder
<HIDDEN> 8 years

Company Network

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Amalgamated
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Registered Details

CIN

U65993GJ2007PLC051028

PAN

AABCH8761M

Incorporation

2007, 17.9 years

Company Email

compliance@hdbfs.com

Paid up Capital

₹ 794.0 Cr

Authorised Capital

₹ 1,001.5 Cr

AGM

Jun 2024

Type

Public
Non-government Company

FAQ - HDB FINANCIAL SERVICES LIMITED

What is the incorporation date of HDB FINANCIAL SERVICES LIMITED?

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The incorporation date of HDB FINANCIAL SERVICES LIMITED is 04 June, 2007

What is the authorized share capital of HDB FINANCIAL SERVICES LIMITED?

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The authorized share capital of HDB FINANCIAL SERVICES LIMITED is INR ₹ 1,001.5 Cr.

What is the paid-up capital of HDB FINANCIAL SERVICES LIMITED?

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The paid-up capital of HDB FINANCIAL SERVICES LIMITED is INR ₹ 794.0 Cr.

What is the registered address of HDB FINANCIAL SERVICES LIMITED?

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The registered address of HDB FINANCIAL SERVICES LIMITED is Radhika, 2nd Floor, Law Garden Road, Navrangpura, NA Ahmedabad Gujarat - 380009

What is the CIN number of HDB FINANCIAL SERVICES LIMITED?

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The CIN number of HDB FINANCIAL SERVICES LIMITED is U65993GJ2007PLC051028.

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