Hot Deals:
a v thomas 11,770.00 (-0.25 %) adtech 29.00 (-3.33 %) amol minechem 620.00 (1.64 %) anand i-power 20.00 anglo french 370.00 (-2.37 %) aricent 575.00 (0.88 %) arkfin investments 50.00 arohan 181.00 (0.56 %) assam carbon 227.00 (-1.30 %) associated pigments 42.00 (-4.55 %) atlas copco 9,100.00 (1.11 %) auckland international 130.00 (-3.70 %) axles 162.00 (1.25 %) balmer lawrie 300.00 bharat hotels 162.00 (1.25 %) bima mandi 700.00 bira 91 750.00 (-2.85 %) boat 829.00 (-0.12 %) c & s electric 470.00 (-4.08 %) capgemini 12,100.00 (1.68 %) care health 135.00 (3.85 %) carrier aircon 260.00 (1.96 %) cial 180.00 (-1.64 %) csfbl 265.00 (-3.64 %) csk 170.00 (6.25 %) dalmia refract 81.00 (-4.71 %) dsp merrill lynch 1,000.00 east india pharma 44.00 (2.33 %) eaton fluid 380.00 (1.33 %) electronica plastic 4,100.00 (-4.65 %) elgi ultra 400.00 elofic 1,909.00 (0.47 %) esl steel 39.00 (11.43 %) fincare business 43.00 fincare sfbl 74.00 (1.37 %) fino paytech 160.00 (14.29 %) frick india 3,806.00 (0.16 %) gkn drive 1,240.00 (-0.80 %) go digit gil 354.00 (1.14 %) godavari bio 71.00 (1.43 %) hdbfsl 590.00 (-1.67 %) hdfc ergo 370.00 (1.70 %) hdfc securities 11,200.00 (-2.61 %) hella india 350.00 (6.06 %) hero fincorp 690.00 (-3.36 %) hicks 2,100.00 (-2.55 %) hira ferro 120.00 (-0.83 %) honeywell electrical 3,555.00 (-1.25 %) icex 5.00 (-0.20 %) incred financial 100.00 india carbon 1,010.00 (1.00 %) india exposition 146.00 (0.69 %) indian potash 1,405.00 (0.36 %) indofil 690.00 (-2.82 %) infinite computer 700.00 inkel 12.95 (-0.38 %) ixigo 97.00 (-2.02 %) jana sfbl 75.00 kel 600.00 (-4.76 %) kial 107.00 (-2.73 %) kurlon limited 426.00 (-3.18 %) lava 127.00 (0.79 %) manipal hfsl 72.50 (0.69 %) manjushree tech 970.00 (-3.10 %) martin & harris 1,500.00 (0.33 %) merino 2,770.00 (0.73 %) minosha 280.00 (-3.45 %) mitsubishi heavy 355.00 (1.43 %) mkcl 415.00 (1.22 %) mobikwik 425.00 (-5.56 %) mohan meakin 1,180.00 (-2.64 %) mohfl 10.75 (-9.66 %) msei 0.98 (-2.00 %) msil 56.00 (3.70 %) nayara energy 152.00 (0.66 %) nayara energy ncd 250.00 ncdex 275.00 ncl buildtek 190.00 (-5.00 %) ncl holdings 50.00 (5.26 %) nse 3,100.00 (1.64 %) orbis financial 86.00 (1.18 %) oswal minerals 65.00 (1.56 %) otis 3,700.00 (-2.63 %) oyo rooms 69.00 (-2.82 %) panasonic appliances 293.00 (-4.25 %) panasonic avc 29.10 (0.34 %) paymate india 600.00 (-3.38 %) pharma easy 31.00 (-3.13 %) philips domestic 605.00 (0.83 %) philips india 1,100.00 (1.85 %) pnb metlife 70.00 proyuga adtech 25.00 purity flexpack 20.00 ramaraju surgical 490.00 (-2.00 %) rasoi 32,000.00 (3.23 %) reliance gic 340.00 resins plastics 414.00 (1.97 %) ring plus 370.00 (1.37 %) rrl 2,800.00 (-1.75 %) sab miller 303.00 (1.00 %) satya micro 201.00 (0.50 %) scottish assam 500.00 (-3.85 %) shriram life 251.00 (0.40 %) sigachi lab 40.10 (0.25 %) signify 1,100.00 (4.46 %) simpson & company 3,500,000.00 smile micro 52.00 (-1.89 %) sportskeeda 3,303.00 sterlite power 524.00 (0.19 %) studds 950.00 (-0.52 %) svsml 510.00 (-2.30 %) t stanes 675.00 tata capital 56.00 (1.82 %) tata tech 5,500.00 (1.85 %) teesta agro 67.00 (-4.29 %) trl krosaki 1,224.00 (-2.16 %) utkarsh coreinvest 127.00 (-2.31 %) vikram solar 55.50 (-0.89 %) xerox 243.00 (1.25 %)
×
HDB Financial Services Ltd Q1FY22 PAT at Rs. 130.6 crore
HDB Financial Services Limited
Created at 17 Jul 2021 22:39

HDB Financial Services Limited (HDBFSL) is a non-deposit taking non-bank finance firm ('NBFC') that provides loans and asset financing to individuals, developing businesses, and micro enterprises. As of June 30, 2021, the Bank owned 95.1% of HDBFSL.

As previously stated, due to the country being hit by a "second wave" of COVID-19, economic activity were halted for over two-thirds of the quarter. These interruptions resulted in a decline in loan originations and collection efficiency. As a result, company volumes and revenues have been subdued, while provisioning has increased.

As of June 30, 2021, the overall loan book stood at 57,390 crore, up from 56,613 crore on June 30, 2020. At 242 percent, the liquidity coverage ratio was strong, substantially over the statutory limit.

HDBFSL's net income was 1,655.8 crore for the quarter ended June 30, 2021, compared to 1,609.7 crore for the quarter ended June 30, 2020. Pre-provision Operating Profit (PPOP) was 643.6 crore in the quarter ended June 30, 2020, compared to 759.9 crore in the previous quarter.

Provisions and contingencies were 472.4 crore for the quarter ended June 30, 2020, compared to 453.5 crore for the same period last year. Profit after tax was 130.6 crore in the quarter ended June 30, 2021, down from 232.7 crore in the quarter ended June 30, 2020.

Gross non-performing assets (NPA) as of June 30, 2021 were 7.75 percent, up from 2.86 percent on June 30, 2020 and 3.89 percent on March 31, 2021.

Total CAR was 19.8%, while Tier-I CAR was 14.9%. HDBFSL has 1,321 branches as of June 30, 2021, spread in 957 cities and municipalities.

HDFC Bank Ltd's shares closed at Rs.1521.7 on the BSE, up from the previous closing of Rs.1520.5. 91268 shares were exchanged during the day in approximately 4591 deals.

The stock traded between an intraday high of Rs. 1530 and a low of Rs. 1519.35. The day's net revenue was Rs. 139097555.

Support Megha Support Neha Support Pallavi