HDB Financial Services Ltd marked a staggering rise in the profit margins in the fourth quarter of the financial year 2023, which ended in March. The registered profit amount after tax is said to be Rs. 545.5 crores. This contributes to a 27.7% growth in the margins compared to Rs. 427.1 crores for the last quarter that ended on March 31, 2022. The company has shown a significant improvement in the financial statements for this financial year as compared to the previous financial year. Let us have a detailed look into the financials and other details that led to a rise in the company’s overall performance.
Financial Details Of HDB Financial Services Ltd
HDB Financial Services Ltd (HDBFSL) shared the financial reports for the fourth quarter of the financial year 2023, which not only witnessed a rise in the company’s profit margins, but the company’s performance also improved on other parameters. The company’s sales performance rose by 10% from Rs. 2916.40 to Rs. 3220.20. The sales performance of the company has shown considerable improvements not only for the fourth quarter but for the entire financial year, as the figures rose from Rs. 11306.30 in FY 2022 to Rs.12402.90 in FY 2023. Talking about the PBDT (Profit Before Depreciation and Tax) also increased from Rs.599.80 crore to Rs.764.70 crore, registering a rise of 27%. Other indicators like PBT (Profit before Tax) and NP (Net Profits) also reported an increase in the Net Profit margins. Apart from the financial details of the fourth quarter of FY 2023, here is an analysis of the company’s overall financial figures.
The company has registered a revenue of Rs. 12403 crores, and the outstanding borrowing of the company amounts to Rs.24227.8 crore in the financial year 2023. On comparing the financial indicators for the past three financial years, HDB Financial Services Ltd. has shown positive signs of growth for the future and has given the investors a positive hope for returns to the shareholders. The net worth, EPS, dividend and total income have seen an improvement in the current year as compared to the previous financial years. Look at the table below to learn about the financial performance of HDB Financial Services Ltd.
Financial Details (Rs. Crore)
| Particulars | 2023 | 2022 | 2021 |
| Equity Capital | 1791.40 | 790.40 | 789.20 |
| Reserve & Surplus | 10645.60 | 8749.30 | 7657.00 |
| Net worth | 11437.00 | 9539.70 | 8446.2 |
| Book Value Per share (Rs.) | 144.51 | 120.69 | 107.02 |
| Total Income | 12402.90 | 11306.30 | 10944.80 |
| Profit | 1959.30 | 1011.40 | 391.50 |
| EPS | 24.78 | 12.80 | 4.97 |
| Dividend | 1.10 | 0.90 | – |
These strong financial figures have given positive hopes to the investors to HDB Financial Services unlisted shares, as the company is not yet listed on the Stock Exchange. The strong financial reports, especially the company’s performance in the fourth quarter, have made the unlisted shares a more lucrative option for investors. Before investing, have a look at the trend and performance of HDB Financial Services Ltd. unlisted shares.
HDB Financial Services is a Non-Banking Financial Company that functions in the financial market’s BPO and lending services segment. The company has spread its reach and deals with both retail and commercial customers. The company provides services in 3 main areas: Loans, BPO Services and Fee based products. The company’s market capitalisation is Rs. 49,869 crores, with 791,440,031 outstanding shares. Currently, the unlisted share of the company trades at Rs. 655, with a face value of Rs.10 per equity share and a lot size of 25 shares.
| Total Available Shares: | 500 |
| Face Value: | 10 Per Equity Share |
| ISIN: | INE7S6101012 |
| Lot Size: | 25 Shares |
| Current Unlisted Share Price: | Rs. 655 Per Equity Share |
Buying HDB Financial Services unlisted shares can be a good investment option as the company has been functioning consistently in the unlisted market domain due to its dominance in the NBFC sector and the strong support of the shareholders, along with a solid financial position. All these factors indicate a good performance of the unlisted share.
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