Housing Development Finance CorporationLtd(Merged)
Housing Development Finance CorporationLtd(Merged)
Financial Services DelistedTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 25.7%
Weaknesses
3- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 13.5% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16,600 | 29,954 | 34,083 | 39,259 | 35,738 | 30,991 | 38,591 | 31,298 | 35,047 | 23,183 | 43,917 | 41,206 | 44,634 |
| Expenses | 5,414 | 18,715 | 22,219 | 27,172 | 24,212 | 19,875 | 27,228 | 19,562 | 22,373 | 10,997 | 29,749 | 26,127 | 27,719 |
| Operating Profit | 11,186 | 11,238 | 11,864 | 12,087 | 11,526 | 11,115 | 11,362 | 11,735 | 12,673 | 12,187 | 14,168 | 15,080 | 16,915 |
| OPM % | 67% | 38% | 35% | 31% | 32% | 36% | 29% | 38% | 36% | 53% | 32% | 37% | 38% |
| Other Income | 1,650 | 1,607 | 1,650 | 1,769 | 1,933 | 1,891 | 2,189 | 2,470 | 2,461 | 2,195 | 2,965 | 3,064 | 2,999 |
| Interest | 7,800 | 7,942 | 7,518 | 6,954 | 6,666 | 6,624 | 6,684 | 6,995 | 6,925 | 7,688 | 8,762 | 9,932 | 10,464 |
| Depreciation | 84 | 86 | 89 | 91 | 89 | 87 | 88 | 90 | 153 | 150 | 150 | 152 | 146 |
| PBT | 4,951 | 4,816 | 5,906 | 6,811 | 6,704 | 6,295 | 6,779 | 7,121 | 8,056 | 6,544 | 8,221 | 8,061 | 9,305 |
| Tax % | 12% | 16% | 15% | 16% | 15% | 16% | 16% | 13% | 14% | 15% | 14% | 12% | 14% |
| Net Profit | 4,342 | 4,059 | 5,035 | 5,724 | 5,669 | 5,311 | 5,670 | 6,169 | 6,892 | 5,574 | 7,043 | 7,078 | 8,005 |
| EPS in Rs | 23.76 | 20.83 | 25.61 | 28.76 | 29.66 | 27.92 | 29.08 | 32.23 | 35.62 | 29.26 | 36.06 | 36.54 | 41.55 |
Profit & Loss
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 30,276 | 35,948 | 40,753 | 48,316 | 53,223 | 61,034 | 79,474 | 95,694 | 1,01,726 | 1,39,034 | 1,35,926 | 1,52,940 |
| Expenses | 12,484 | 14,170 | 15,314 | 19,516 | 21,228 | 26,377 | 44,714 | 51,819 | 48,983 | 92,319 | 89,037 | 94,591 |
| Operating Profit | 17,792 | 21,778 | 25,439 | 28,799 | 31,995 | 34,657 | 34,760 | 43,875 | 52,743 | 46,715 | 46,889 | 58,349 |
| OPM % | 59% | 61% | 62% | 60% | 60% | 57% | 44% | 46% | 52% | 34% | 34% | 38% |
| Other Income | 27 | 39 | 61 | 74 | 34 | 53 | 6,282 | 7,891 | 5,816 | 6,959 | 9,012 | 11,223 |
| Interest | 11,552 | 14,296 | 16,608 | 18,710 | 20,296 | 21,953 | 24,718 | 29,525 | 32,109 | 29,081 | 27,230 | 36,845 |
| Depreciation | 51 | 54 | 47 | 47 | 121 | 108 | 116 | 141 | 256 | 355 | 419 | 597 |
| PBT | 6,217 | 7,467 | 8,846 | 10,117 | 11,613 | 12,650 | 16,207 | 22,099 | 26,193 | 24,237 | 28,252 | 32,131 |
| Tax % | 28% | 27% | 27% | 31% | 31% | 32% | 19% | 20% | 13% | 15% | 15% | 14% |
| Net Profit | 5,670 | 6,982 | 8,403 | 9,245 | 10,718 | 11,848 | 13,111 | 17,581 | 22,826 | 20,488 | 24,042 | 27,700 |
| EPS in Rs | 36.98 | 42.94 | 50.93 | 55.65 | 64.5 | 69.56 | 71.48 | 94.29 | 124 | 104 | 125 | 143 |
| Div. Payout % | 30% | 29% | 27% | 27% | 26% | 26% | 28% | 22% | 17% | 22% | 24% | 31% |
Balance Sheet
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 295 | 309 | 312 | 315 | 316 | 318 | 335 | 344 | 346 | 361 | 363 | 367 |
| Reserves | 23,921 | 31,581 | 37,263 | 44,757 | 50,585 | 59,742 | 91,538 | 1,11,389 | 1,26,133 | 1,56,352 | 1,79,491 | 2,01,108 |
| Borrowings | 1,42,479 | 1,63,663 | 1,90,602 | 2,17,357 | 2,49,418 | 2,93,795 | 3,36,416 | 3,86,755 | 4,25,368 | 4,47,011 | 5,07,460 | 5,82,265 |
| Other Liabilities | 45,641 | 56,225 | 68,712 | 87,078 | 97,468 | 1,20,268 | 1,38,270 | 1,62,321 | 1,77,936 | 2,25,507 | 2,78,917 | 3,07,455 |
| Total Liabilities | 2,12,336 | 2,51,778 | 2,96,889 | 3,49,507 | 3,97,786 | 4,74,122 | 5,66,560 | 6,60,810 | 7,29,782 | 8,29,230 | 9,66,230 | 10,91,194 |
| Fixed Assets | 842 | 851 | 1,002 | 1,470 | 1,568 | 2,266 | 2,349 | 2,310 | 5,476 | 5,312 | 12,745 | 12,621 |
| CWIP | 7 | 32 | 21 | 9 | 19 | 54 | 23 | 24 | 59 | 47 | 39 | 99 |
| Investments | 48,639 | 59,492 | 72,914 | 93,782 | 1,04,721 | 1,32,855 | 1,72,218 | 2,10,704 | 2,43,248 | 3,02,481 | 3,52,484 | 4,08,072 |
| Other Assets | 1,62,849 | 1,91,403 | 2,22,951 | 2,54,245 | 2,91,478 | 3,38,947 | 3,91,969 | 4,47,771 | 4,81,000 | 5,21,390 | 6,00,962 | 6,70,403 |
| Total Assets | 2,12,336 | 2,51,778 | 2,96,889 | 3,49,507 | 3,97,786 | 4,74,122 | 5,66,560 | 6,60,810 | 7,29,782 | 8,29,230 | 9,66,230 | 10,91,194 |
Cash Flow
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -17,534 | -11,969 | -10,735 | -9,118 | -19,710 | -14,173 | -57,928 | -44,301 | -26,801 | -27,276 | -44,028 | -47,328 |
| Investing | -6,275 | -10,212 | -12,983 | -18,552 | -9,309 | -27,236 | -7,954 | -10,316 | -9,874 | -6,958 | -19,887 | -21,524 |
| Financing | 23,194 | 23,174 | 25,719 | 24,820 | 29,111 | 43,127 | 63,344 | 54,986 | 38,690 | 31,665 | 63,541 | 69,321 |
| Net Cash Flow | -615 | 992 | 2,000 | -2,850 | 92 | 1,718 | -2,538 | 369 | 2,015 | -2,570 | -374 | 469 |
| Free Cash Flow | -17,668 | -12,102 | -10,959 | -9,679 | -19,847 | -14,391 | -58,137 | -44,482 | -27,153 | -27,429 | -46,158 | -47,608 |
| CFO/OP | -86 | -44 | -31 | -20 | -50 | -29 | -154 | -93 | -43 | -52 | -85 | -73 |
Ratios
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 8 | 2 | 3 | 3 | 3 | 9 | 1 | 2 | 1 | 1 | 1 | 1 |
| Cash Conversion Cycle | 8 | 2 | 3 | 3 | 3 | 9 | 1 | 2 | 1 | 1 | 1 | 1 |
| Working Capital Days | -651 | -643 | -814 | -800 | -848 | -733 | -790 | -672 | -614 | -582 | -626 | -603 |
| ROCE % | 12% | 12% | 12% | 12% | 11% | 10% | 10% | 11% | 11% | 9% | 8% | 9% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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61 extracted metrics + investor summaries across FY02–FY23.
Documents
Frequently Asked Questions about Housing Development Finance CorporationLtd(Merged)
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Company Information
Housing Development Finance Corporation Limited is an Indian financial services company based in Mumbai, India. It is a major housing finance provider in India. It also has a presence in banking, life and general insurance, asset management, venture capital, realty, education, deposits and education loans
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