HDB Financial Services Ltd (HDBFS) — shareholding pattern, promoter holding, financials and share price
About HDB Financial Services Ltd (HDBFS)
HDB Financial Services Ltd operates in the Non Banking Financial Company (NBFC) industry, within the Financial Services sector. It trades on the NSE as HDBFS and on the BSE under scrip code 544429. Its ISIN is INE756I01012.
Incorporated in 2007, HDB Financial Services Limited (HDBFS) is a non-deposit-taking NBFC and a subsidiary of HDFC Bank engaged in providing lending solutions. [1]
HDB Financial Services is a retail-focused NBFC and an HDFC Bank subsidiary providing Enterprise Lending, Asset Finance and Consumer Finance through 1,730 branches, a 22.9 million customer base and a gross loan book of INR 1,18,493 crore as of March 31, 2026, focused on underserved and underbanked aspirational India.
Q4FY26 delivered operational momentum: highest-ever quarterly disbursements of INR 19,922 crore, quarterly annualized RoA of 2.48% and RoE of 14.8%, with PAT for the quarter at INR 751 crore; HDB reported sequential loan book growth of 3.4% and year-on-year growth of 10.9%, signalling re-acceleration from the second half of FY26.
Listed peers in Non Banking Financial Company (NBFC): L&T Finance Ltd, SBI Cards & Payment Services Ltd, Sundaram Finance Ltd, Piramal Finance Ltd, Mahindra & Mahindra Financial Services Ltd, Authum Investment & Infrastructure Ltd.
Valuation & Returns
10 Jul 2026At ₹755.3 a share on 10 Jul 2026, HDB Financial Services Ltd (HDBFS) was valued at a price-to-earnings ratio of 28.82x against an industry P/E of 19.5x and a price-to-book of 3.42x on a book value of ₹220.63 per share. Solomo computes return on equity of 13.75% and return on capital employed of 8.99% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2024 to Mar 2025.
- P/E
- 28.82x
- Industry P/E
- 19.5x
- P/B
- 3.42x
- EPS (TTM)
- ₹26.2
- Book value / share
- ₹220.63
- ROE
- 13.75%
- ROCE
- 8.99%
- ROA
- 2%
- Debt / equity
- 5.52x
- Dividend yield
- 31.24%
- EBITDA margin
- 58.36%
- 52-week range
- ₹557 – ₹852.75
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2025In the year ended Mar 2025, HDB Financial Services Ltd (HDBFS) reported revenue of ₹16,300 crore, net profit of ₹2,176 crore and earnings per share of ₹27.34. That compares with revenue of ₹14,173 crore and net profit of ₹2,461 crore in Mar 2024. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2025, revenue was ₹4,266 crore and net profit ₹531 crore (consolidated).
| Metric | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 7,027 | 8,725 | 12,403 | 14,173 | 16,300 |
| Net profit (₹ cr) | 933 | 1,153 | 1,959 | 2,461 | 2,176 |
| EPS (₹) | 11.92 | 14.68 | 24.76 | 31.03 | 27.34 |
| Measure | 3Y | 1Y |
|---|---|---|
| Sales growth | 14.11% | 15.01% |
| Profit growth | 9.09% | -11.58% |
| Stock price CAGR | - | -8% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.12% of HDB Financial Services Ltd (HDBFS) (unchanged from the previous quarter), foreign institutional investors (FII) hold 3.55% and domestic institutional investors (DII) hold 12.1%. Market capitalisation was ₹62,718 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2025.
Largest disclosed public shareholders in Jun 2026: Mirae Asset Large & Midcap Fund 2.47%, ICICI Prudential Large & Mid Cap Fund 2.42%, Kotak Midcap Fund 1.94%, Sbi Midcap Fund 1.04%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.12% | - | 3.55% | 12.1% | 25.65% |
| Mar 2026 | 74.12% | - | 3.01% | 12.28% | 25.65% |
| Dec 2025 | 74.15% | - | 3.32% | 11.41% | 25.62% |
| Sep 2025 | 74.19% | - | 3.17% | 10.92% | 25.58% |
| Jun 2025 | 74.19% | - | 4.11% | 5.17% | 25.58% |