HDB Financial Services Ltd (HDBFSL) is a non-deposit taking non-banking finance company ('NBFC') offering wide range of loans and asset finance products to individuals, emerging businesses and micro enterprises. As on December 31, 2021, the bank held 95% stake in HDBFSL.
The total loan book was Rs. 60478 crore as on December 31, 2021 as against Rs. 60068 croreas on December 31, 2020. Liquidity coverage ratio was healthy at 222%.
For the quarter ended December 31, 2021, HDBFSL's net revenue was at Rs. 1981.6 crore as against Rs. 1723.7 crore for the quarter ended December 31, 2020, a growth of 15%. Profit after tax for the quarter ended December 31, 2021 was Rs. 304.1 crore compared to a loss of Rs. 146.2 crore for the quarter ended December 31, 2020 and profit after tax of Rs. 191.7 crore for the quarter ended September 30, 2021.
Stage 3 loans were at 6.05% of gross loans. Total CAR was at 20.3% with Tier-I CAR at 14.9% as on December 31, 2021.
As on December 31, 2021, HDBFSL had 1328 branches across 965 cities / towns.
Shares of HDFC Bank Limited was last trading in BSE at Rs. 1545.25 as compared to the previous close of Rs. 1528.35. The total number of shares traded during the day was 262320 in over 14453 trades.
The stock hit an intraday high of Rs. 1548.45 and intraday low of 1519.65. The net turnover during the day was Rs. 402729267.00.