🟢 HDB Financial Services 🟢
Q4FY24 & FY24 Highlights
All figures in INR Crs unless otherwise stated
-Indicative price of the company in the unlisted market is ₹1135. It is trading at a P/B multiple of 6.55 times.
📊Total Revenue from Operations
Q3FY24 – ₹3,601.80
Q4FY24 – ₹3,666.80
FY23 – ₹12,402.90
FY24 – ₹14,171.10
📊Total Expenses
Q3FY24 – ₹2,746.20
Q4FY24 – ₹2,785.00
FY23 – ₹9,775.50
FY24 – ₹10,866.40
📊Net Profit
Q3FY24 – ₹636.80
Q4FY24 – ₹656.20
FY23 – ₹1,959.30
FY24 – ₹2,460.80
📊EPS
Q3FY24 – ₹8.04
Q4FY24 – ₹8.28
FY23 – ₹24.78
FY24 – ₹31.08
📊Net Worth
FY24 – ₹13,742.70
FY23 – ₹11,437.00
📑 KEY HIGHLIGHTS – Q4FY24
➡There was an increase in Revenue from Operations because the segment of Lending Business increased from ₹3,133 Cr to ₹3,360 Cr on a q-o-q basis. On a yearly basis this increase was from ₹9,769 Cr to ₹12,221 Cr.
➡There was an increase in Total Expenses because the Finance Cost and Depreciation & Amortization increased on a q-o-q basis. On a yearly basis the Finance cost increased from ₹3,511 Cr to ₹4,864 Cr.
➡The Book Value Per Share (BVPS) is ₹173.27 as on FY24 Net Worth of ₹13,742
➡The Net Profit Margin as on FY24 stood at 17.36% as compared to 15.80% during FY23.
➡The Debt/Equity ratio for the company is 5.81 as on FY24 as compared to 5.26 in the previous year.
➡The Board in its meeting recommended a final dividend of ₹1 per equity share for FY24, subject to approvals during their AGM.
➡ The company’s Capital Adequacy ratio stood of 19.25% as compared to 20.05% a year ago. The Gross NPA stood at 1.90% which is significantly lower than the 2.73% in FY23.
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