HDB Financial Services Ltd

HDB Financial Services announced that the 19th Annual General Meeting(AGM) of the company will be held on 25 June 2026.

HDB Financial Services has allotted 32,500 non convertible debentures of Rs 1 lakh each aggregating to Rs 325 crore on private placement basis on 28 April 2025.

HDB Financial Services has allotted 30,000 non convertible debentures of face value of Rs 1 lakh each aggregating to Rs 300 crore on private placement basis on 22 April 2026.

HDB Financial Services has allotted 10,440 equity share to the employees of the Company pursuant to exercise of options under its Employees Stock Option Schemes (ESOS) on 21 April 2026. The paid-up share capital of the company will accordingly increase from 83,03,27,216 equity shares of Rs. 10/- each to 83,03,37,656 equity shares of Rs. 10/- each.

On a standalone basis, net profit rose 41.4% YoY and 16.6% QoQ to Rs 751 crore in Q4 FY26 from Rs 531 crore in Q4 FY25 and Rs 644 crore in Q3 FY26. Net interest income increased 21.6% YoY and 5% QoQ to Rs 2,399 crore, compared to Rs 1,973 crore in the year-ago quarter and Rs 2,285 crore in the previous quarter. Net income came in at Rs 2,769 crore, up 19.8% YoY and 4% QoQ. Profit before tax stood at Rs 991 crore in Q4 FY26, up 44.3% YoY and 17.6% QoQ. Pre-provisioning operating profit stood at Rs 1,675 crore in Q4 FY26, rising 26.9% YoY and 7.8% QoQ, indicating strong underlying operating momentum. On the cost front, employee expenses rose 7.5% YoY but declined 5.4% QoQ to Rs 709 crore, while other operating expenses increased 16% YoY and 7.1% QoQ to Rs 385 crore. Total expenses rose 10.3% YoY but declined 1.3% QoQ, aiding margin expansion. Credit costs stood at Rs 685 crore, up 8% YoY but down 3.9% QoQ, suggesting some sequential easing. On the balance sheet front, assets under management rose 10.7% YoY to Rs 1,18,733 crore as of 31 March 2026, while the gross loan book grew 10.9% YoY and 3.4% QoQ to Rs 1,18,493 crore. Asset quality saw slight pressure, with gross stage 3 assets rising to 2.44% from 2.26% YoY, while net stage 3 assets increased to 1.09% from 0.99%. Provision coverage ratio remained stable at 55.53% compared to 55.95% a year ago. For the full year, net profit rose 16.9% YoY to Rs 2,544 crore, while net interest income grew 20.4% to Rs 8,968 crore in FY26. The NBFC's board approved a fundraising of Rs 32,824.72 crore through debt. The fundraising, which includes renewal of Rs 31,974.72 crore and fresh capital of Rs 850 crore, will be done through issue of debt securities on private placement basis, in one or more tranches. Further, the board also declared a final dividend of Rs 2 per share on face value of Rs 10 each for the financial year ended March 2026. HDB Financial Services (HDBFS) is a non-deposit taking non-banking finance company ('NBFC') offering wide range of loan products to individuals, emerging businesses and micro enterprises. Established in 2007, as a subsidiary of HDFC Bank Limited, HDBFS is categorized as an upper layer NBFC by the RBI. HDBFS offers a large portfolio of lending products that cater to a growing and diverse customer base through a wide omni-channel distribution network. Its lending products are offered through the three business verticals: Enterprise Lending, Asset Finance and Consumer Finance. As of 31 March 2026, the company's distribution network spans 1,730 branches across 1,161 cities/ towns.

Securities in F&O Ban: Sammaan Capital and Steel Authority of India shares are banned from F&O trading on 16 April 2026. Result Today: Wipro, Alok Industries, Angel One, CRISIL, HDFC Asset Management Company, HDFC Life Insurance Company and VST Industries will announce their quarterly earnings today. Stocks to Watch: HDB Financial Services delivered a strong Q4 FY26 performance, with earnings growth accelerating on the back of steady loan expansion and improving operating efficiency. On a standalone basis, net profit rose 41.4% YoY and 16.6% QoQ to Rs 751 crore in Q4 FY26, compared to Rs 531 crore in Q4 FY25 and Rs 644 crore in Q3 FY26. Net interest income increased 21.6% YoY and 5% QoQ to Rs 2,399 crore, compared to Rs 1,973 crore in the year-ago quarter and Rs 2,285 crore in the previous quarter. Net income came in at Rs 2,769 crore, up 19.8% YoY and 4% QoQ. Profit before tax stood at Rs 991 crore in Q4 FY26, rising 44.3% YoY and 17.6% QoQ. ICICI Lombard reported a 40.9% rise in standalone net profit to Rs 718.20 crore in Q4 FY26, compared to Rs 509.59 crore in the same period last year. The company's total income rose 12.2% YoY to Rs 6,856.67 crore in the quarter ended 31 March 2026. Tejas Networks reported a consolidated net loss of Rs 211.34 crore in Q4 FY26, compared to a net loss of Rs 71.80 crore in the same period last year. The company's revenue fell 81.6% YoY to Rs 332.39 crore. Tata Communications issued commercial paper worth Rs 400 crore. SAMHI Hotels signed a lease agreement for an approximately 162-room hotel in Noida. Its arm, Samhi Skyline, entered into a long-term agreement with the Ingka Group to develop an upscale hotel in a mixed-use project. City Union Bank opened three new branches across Punjab, Uttar Pradesh, and Rajasthan, taking its total branch count to 959. Brigade Enterprises signed an agreement for an 8.63-acre development project in East Bengaluru, with a gross development value of Rs 7,200 crore. REC announced that it has appointed Rajesh Kumar as Chief Financial Officer and Director (Finance). Shriram Finance stated that it will consider fundraising proposals at its board meeting scheduled for April 24. GHV Infra announced that it has received a construction contract worth Rs 815 crore from APCO Infra for miscellaneous civil works in Maharashtra.

Net profit of HDB Financial Services rose 41.38% to Rs 750.60 crore in the quarter ended March 2026 as against Rs 530.90 crore during the previous quarter ended March 2025. Sales rose 11.24% to Rs 4745.40 crore in the quarter ended March 2026 as against Rs 4266.10 crore during the previous quarter ended March 2025. For the full year,net profit rose 16.91% to Rs 2543.80 crore in the year ended March 2026 as against Rs 2175.90 crore during the previous year ended March 2025. Sales rose 13.06% to Rs 18429.70 crore in the year ended March 2026 as against Rs 16300.30 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales4745.404266.10 11 18429.7016300.30 13 OPM %57.9156.46 -56.5258.36 - PBDT1065.50758.00 41 3595.603122.20 15 PBT1011.20704.20 44 3386.302927.80 16 NP750.60530.90 41 2543.802175.90 17 Powered by Capital Market - Live

On a standalone basis, net profit rose 41.4% YoY and 16.6% QoQ to Rs 751 crore in Q4 FY26 from Rs 531 crore in Q4 FY25 and Rs 644 crore in Q3 FY26. Net interest income increased 21.6% YoY and 5% QoQ to Rs 2,399 crore, compared to Rs 1,973 crore in the year-ago quarter and Rs 2,285 crore in the previous quarter. Net income came in at Rs 2,769 crore, up 19.8% YoY and 4% QoQ. Profit before tax stood at Rs 991 crore in Q4 FY26, up 44.3% YoY and 17.6% QoQ. Pre-provisioning operating profit stood at Rs 1,675 crore in Q4 FY26, rising 26.9% YoY and 7.8% QoQ, indicating strong underlying operating momentum. On the cost front, employee expenses rose 7.5% YoY but declined 5.4% QoQ to Rs 709 crore, while other operating expenses increased 16% YoY and 7.1% QoQ to Rs 385 crore. Total expenses rose 10.3% YoY but declined 1.3% QoQ, aiding margin expansion. Credit costs stood at Rs 685 crore, up 8% YoY but down 3.9% QoQ, suggesting some sequential easing. On the balance sheet front, assets under management rose 10.7% YoY to Rs 1,18,733 crore as of 31 March 2026, while the gross loan book grew 10.9% YoY and 3.4% QoQ to Rs 1,18,493 crore. Asset quality saw slight pressure, with gross stage 3 assets rising to 2.44% from 2.26% YoY, while net stage 3 assets increased to 1.09% from 0.99%. Provision coverage ratio remained stable at 55.53% compared to 55.95% a year ago. For the full year, net profit rose 16.9% YoY to Rs 2,544 crore, while net interest income grew 20.4% to Rs 8,968 crore. HDB Financial Services (HDBFS) is a non-deposit taking non-banking finance company ('NBFC') offering wide range of loan products to individuals, emerging businesses and micro enterprises. Established in 2007, as a subsidiary of HDFC Bank Limited, HDBFS is categorized as an upper layer NBFC by the RBI. HDBFS offers a large portfolio of lending products that cater to a growing and diverse customer base through a wide omni-channel distribution network. Its lending products are offered through the three business verticals: Enterprise Lending, Asset Finance and Consumer Finance. As of 31 March 2026, the company's distribution network spans 1,730 branches across 1,161 cities/ towns.

HDB Financial Services announced that the Board of Directors of the Company at its meeting held on 15 April 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

HDB Financial Services will hold a meeting of the Board of Directors of the Company on 15 April 2026.Powered by Capital Market - Live