Housing Development Finance Corporation Ltd.

NSE: HDFC BSE: 500010 SECTOR: Finance - Housing  121k   1k   467

2592.95
+23.65 (0.92%)
NSE: 21 Jan 03:59 PM

Price Summary

Today's High

₹ 2605.35

Today's Low

₹ 2542.05

52 Week High

₹ 3021.1

52 Week Low

₹ 2354

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

469586.31 Cr.

Advances

485258.9 Cr.

No. of Shares

181.1 Cr.

P/E

36.44

P/B

4.2

Face Value

₹ 2

Div. Yield

0.89 %

Book Value (TTM)

₹  617.44

Operating Revenue

48152.26 Cr.

Net Profit

12027.3 Cr.

Promoter Holding

0 %

EPS (TTM)

₹  71.16

Sales Growth

-18.02

ROE

12.5 %

ROCE

8.24%

Profit Growth

-32.32 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Index Presence

The company is present in 33 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year-18.02%
3 Year5.77%
5 Year9.27%

Profit Growth

1 Year-32.32%
3 Year3.15%
5 Year11.14%

ROE%

1 Year12.5%
3 Year16.08%
5 Year17.91%

ROCE %

1 Year8.24%
3 Year9.66%
5 Year10.02%

ROA%

2.20994830444857

PEG Ratio

NA

PAT Margin (%)

24.9776438322936

EPS Growth(%)

NA

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2021 0 0
Sep 2021 0 0
Jun 2021 0 0
Mar 2021 0 0
Dec 2020 0 0
Investors List
* Figures given above are % of equity capital

 Strengths

 Looks like the company does not have any notable strengths.

 Limitations

  • PAT margin has shrunk by 5.2742743166952%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
Operating Revenue 11727.96 11707 11697.1 11657.47 12215.95
Other Income 4.74 9.34 10.43 5.67 10.44
Interest Expended 7399.11 6832.65 6565.95 6521.92 6573.47
Operating Expenses 765.86 1079.53 1181.06 1198.96 943.24
Total Provisions 0 0 0 0 0
Depreciation 35.95 51.62 36.58 37.69 38.61
Profit Before Tax 3531.78 3752.54 3923.94 3904.57 4671.07
Tax 661.66 826.71 744.11 903.9 890.57
Net Profit 2870.12 2925.83 3179.83 3000.67 3780.5

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Operating Income 33112.79 40689.22 43348.05 58738.92 48152.26
Other Income 46.81 18.27 29.97 24.42 26.12
Interest 20934.56 23543.74 27896.69 31075.88 28686.23
Operating Expenses 762.17 1806.57 1204.96 1139.55 1458.79
Total Provisions 736.23 2167.54 1157.6 6196.99 3218.27
Exceptional Items 0 0 0 0 0
Profit Before Tax 10726.64 13189.64 13118.77 20350.92 14815.09
Tax 3284 2230.3 3486.31 2581.27 2787.79
Profit After Tax 7442.64 10959.34 9632.46 17769.65 12027.3
Adjusted EPS (Rs.) 46.85 65.39 55.96 102.59 66.67

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 317.73 335.18 344.29 346.41 360.79
Total Reserves 39327.65 64929.73 77011.18 85811.65 108421.86
Borrowings 150062.23 247995.36 299021.25 345839.88 354115.68
Other N/C liabilities 7853.85 -1104.61 -588.03 -1269.55 -1369.75
Current liabilities 139744.58 85474.43 82157.95 91797.23 104414.7
Total Liabilities 337306.04 397630.09 457946.64 522525.62 565943.28
Assets
Loans 264679.43 357352.85 400729.66 439909.9 485258.9
Net Block 642.34 644.5 651.33 1348.95 1355.88
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 16829.94 20897.46 31148.91 41815.25 52568.6
Other Loans 6850 4374.63 3980.89 4571.57 4289.84
Other N/C Assets 1295.02 683.02 1443.11 1406.97 1626.51
Current Assets 47009.31 13677.63 19992.74 33472.98 20843.55
Total Assets 337306.04 397630.09 457946.64 522525.62 565943.28
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Dec 2020% Mar 2021% Jun 2021% Sep 2021% Dec 2021%
Promoters 0.00 0.00 0.00 0.00 0.00
PARTICULARS Dec 2020% Mar 2021% Jun 2021% Sep 2021% Dec 2021%
Investors 100.00 100.00 100.00 100.00 100.00

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

HDFC assigns Rs 7,468 crore loans in December quarter4 Jan 2022, 2:56PM Housing Development Finance Corporation informs about loss of share certificate30 Dec 2021, 12:17PM HDFC sells 4.51% stake in Ansal Housing17 Dec 2021, 2:25PM Housing Development Finance Corporation informs about newspaper publication16 Dec 2021, 5:12PM HDFC invokes 50 lakh shares pledged by Ansal Housing15 Dec 2021, 3:17PM Housing Development Finance Corporation informs about newspaper clippings 6 Dec 2021, 5:18PM Housing Development Finance Corporation informs about virtual meeting3 Dec 2021, 10:34AM Housing Development Finance Corporation informs about newspaper publication1 Dec 2021, 4:45PM Housing Development Finance Corporation informs about newspaper publication26 Nov 2021, 1:53PM HDFC planning to raise Rs 2,000 crore through NCDs25 Nov 2021, 4:55PM Housing Development Finance Corporation informs about loss of share certificate24 Nov 2021, 3:37PM HDFC planning to raise Rs 3,000 crore via NCDs 10 Nov 2021, 11:27AM Housing Development Finance Corporation informs about audio recording of the earnings call 2 Nov 2021, 12:42PM Housing Development Finance Corporation informs about newspaper clippings2 Nov 2021, 10:42AM HDFC - Quaterly Results1 Nov 2021, 2:34PM HDFC enters into strategic alliance with India Post Payments Bank27 Oct 2021, 10:59AM HDFC offloads 2.33% paid-up share capital in Ansal Housing9 Oct 2021, 10:32AM Housing Development Finance Corporation informs about newspaper publication7 Oct 2021, 5:11PM Housing Development Finance Corporation informs about allotment of equity shares28 Sep 2021, 3:59PM HDFC planning to raise Rs 6,000 crore via bonds28 Sep 2021, 12:36PM HDFC sells stake in Ansal Housing27 Sep 2021, 10:56AM Housing Development Finance Corporation informs about disclosure25 Sep 2021, 3:02PM Housing Development Finance Corporation informs about press release21 Sep 2021, 11:09AM HDFC unveils special limited period offer for upcoming festival season21 Sep 2021, 10:44AM Housing Development Finance Corporation informs about allotment of equity shares under ESOS17 Aug 2021, 4:25PM HDFC launches green and sustainable deposits16 Aug 2021, 2:54PM Housing Development Finance Corporation informs about allotment of equity shares10 Aug 2021, 2:46PM HDFC reports 40% rise in Q1 consolidated net profit2 Aug 2021, 1:15PM Housing Development Finance Corporation informs about outcome of board meeting 2 Aug 2021, 12:57PM HDFC enhances existing limit to raise capital through medium-term notes29 Jul 2021, 11:58AM MHADA designates HDFC as most-favoured lender16 Jul 2021, 10:57AM HDFC divests 2.46% stake in Hindustan Oil Exploration8 Jul 2021, 10:15AM NHB imposes monetary penalty on HDFC 6 Jul 2021, 4:34PM HDFC earns Rs 263 crore profit on sale of investments during June 2021 quarter3 Jul 2021, 11:51AM Housing Development Finance Corporation informs about disclosure1 Jul 2021, 5:02PM HDFC to raise up to Rs 2,000 crore10 Jun 2021, 4:48PM Housing Development Finance Corporation informs about allotment committee meeting10 Jun 2021, 2:35PM HDFC sells certain pledged shares of Reliance Capital10 Jun 2021, 12:16PM HDFC’s JV partners with Visa 3 Jun 2021, 12:34PM Housing Development Finance Corporation informs about disclosure26 May 2021, 5:01PM HDFC planning to raise Rs 7,000 crore by issuing bonds on private placement basis26 May 2021, 9:14AM Housing Development Finance Corporation informs about updates22 May 2021, 3:46PM Housing Development Finance Corporation informs about investor presentation15 May 2021, 4:47PM HDFC to sell 0.62% stake in HDFC Ergo10 May 2021, 10:59AM HDFC reports 30% rise in Q4 consolidated net profit7 May 2021, 4:54PM Housing Development Finance Corporation informs about earnings call4 May 2021, 12:12PM HDFC concludes stake sale in Good Host to Baskin Lake Investments23 Apr 2021, 9:16AM HDFC invests in Kerala Infrastructure Fund Management 6 Apr 2021, 9:12AM HDFC to raise up to Rs 5,000 crore through NCDs4 Mar 2021, 10:45AM HDFC’s arm sells stake of Magnum25 Feb 2021, 1:15PM

HDFC Stock Price Analysis and Quick Research Report. Is HDFC an attractive stock to invest in?

 

Housing finance companies is a highly concentrated business-facing fierce competition and the industry has remained competitive for several years. The growth of the economy and also increase in the per capita income of individuals impact the housing industry as a whole.

These companies provide finance for housing in India to individuals and corporations. The housing finance companies majorly cater to low and middle-income individuals. The proportion of loans coming from housing companies is significantly increasing.

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry. Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the HDFC better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 12027.3 Cr and the compounded growth of profit in the past 3 years is 3.14807161872108 %. The PAT margin of HDFC is 24.9776438322936 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In HDFC , the EPS declined by -35.0132367447355 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a average ROE track record. The ROE of HDFC is at 12.4991049650253 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of HDFC is worth at the current levels at Rs 2592.95. The stock is trading at a current P/E ratio of 37.48125149988 and the average historical P/E for the last 5 years was 29.6999439117318.

  • P/B ratio can be one of the best metrics to value such companies. Currently, HDFC is trading at a P/B of 4.1645 . The average historical P/B for the last 5 years was 4.54874081540488. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

Brief about HDFC

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