| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
500010 Stock Overview
Housing Development Finance Corporation Limited provides housing finance to individuals and corporate customers in India.
Housing Development Finance Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹2,702.30 |
| 52 Week High | ₹3,021.10 |
| 52 Week Low | ₹2,354.10 |
| Beta | 0.92 |
| 1 Month Change | 3.25% |
| 3 Month Change | -4.23% |
| 1 Year Change | 5.30% |
| 3 Year Change | 34.89% |
| 5 Year Change | 114.68% |
| Change since IPO | 11,159.58% |
Recent News & Updates
Shareholder Returns
| 500010 | IN Mortgage | IN Market | |
|---|---|---|---|
| 7D | 1.6% | 1.7% | 1.8% |
| 1Y | 5.3% | 8.2% | 38.6% |
Return vs Industry: 500010 matched the Indian Mortgage industry which returned 5.6% over the past year.
Return vs Market: 500010 underperformed the Indian Market which returned 36.2% over the past year.
Price Volatility
| 500010 volatility | |
|---|---|
| 500010 Average Weekly Movement | 3.3% |
| Mortgage Industry Average Movement | 5.4% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in IN Market | 9.8% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: 500010 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 500010's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1977 | 3,226 | Keki Mistry | https://www.hdfc.com |
Housing Development Finance Corporation Limited provides housing finance to individuals and corporate customers in India. It operates through Loans, Life Insurance, General Insurance, Asset Management, and Others segments. The company accepts fixed deposits, such as monthly income plans, non-cumulative interest plans, annual income plans, and cumulative options; and trust deposits.
Housing Development Finance Fundamentals Summary
| 500010 fundamental statistics | |
|---|---|
| Market Cap | ₹4.89t |
| Earnings (TTM) | ₹208.26b |
| Revenue (TTM) | ₹1.15t |
23.5x
P/E Ratio3.0x
P/B RatioIs 500010 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 500010 income statement (TTM) | |
|---|---|
| Revenue | ₹1.15t |
| Cost of Revenue | ₹506.80m |
| Gross Profit | ₹1.15t |
| Expenses | ₹943.37b |
| Earnings | ₹208.26b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 02, 2022
| Earnings per share (EPS) | 115.00 |
| Gross Margin | 99.96% |
| Net Profit Margin | 18.08% |
| Debt/Equity Ratio | 179.3% |
How did 500010 perform over the long term?
See historical performance and comparisonDividends
0.9%
Current Dividend Yield20%
Payout RatioValuation
Is Housing Development Finance undervalued compared to its fair value and its price relative to the market?
23.5x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500010 (₹2702.3) is trading above our estimate of fair value (₹904.88)
Significantly Below Fair Value: 500010 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500010 is poor value based on its PE Ratio (23.5x) compared to the Indian Mortgage industry average (17.3x).
PE vs Market: 500010's PE Ratio (23.5x) is in line with the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: 500010 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 500010 is overvalued based on its PB Ratio (3x) compared to the IN Mortgage industry average (1.5x).
Future Growth
How is Housing Development Finance forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
17.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500010's forecast earnings growth (17.9% per year) is above the savings rate (6.7%).
Earnings vs Market: 500010's earnings (17.9% per year) are forecast to grow slower than the Indian market (20.6% per year).
High Growth Earnings: 500010's earnings are forecast to grow, but not significantly.
Revenue vs Market: 500010's revenue (20.9% per year) is forecast to grow faster than the Indian market (12.7% per year).
High Growth Revenue: 500010's revenue (20.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500010's Return on Equity is forecast to be low in 3 years time (14.2%).
Past Performance
How has Housing Development Finance performed over the past 5 years?
14.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500010 has high quality earnings.
Growing Profit Margin: 500010's current net profit margins (18.1%) are lower than last year (22.3%).
Past Earnings Growth Analysis
Earnings Trend: 500010's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: 500010's earnings growth over the past year (28.8%) exceeds its 5-year average (14.2% per year).
Earnings vs Industry: 500010 earnings growth over the past year (28.8%) exceeded the Mortgage industry 20.3%.
Return on Equity
High ROE: 500010's Return on Equity (13%) is considered low.
Financial Health
How is Housing Development Finance's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 500010's Assets to Equity ratio (5.1x) is low.
Allowance for Bad Loans: 500010 has a sufficient allowance for bad loans (119%).
Low Risk Liabilities: 77% of 500010's liabilities are made up of primarily higher risk sources of funding.
Loan Level: 500010 has an appropriate level of Loans to Assets ratio (58%).
Low Risk Deposits: 500010's Loans to Deposits ratio (319%) is high.
Level of Bad Loans: 500010 has a high level of bad loans (2%).
Dividend
What is Housing Development Finance current dividend yield, its reliability and sustainability?
0.85%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500010's dividend (0.85%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).
High Dividend: 500010's dividend (0.85%) is low compared to the top 25% of dividend payers in the Indian market (1.34%).
Stability and Growth of Payments
Stable Dividend: 500010's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500010's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.9%), 500010's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average board tenure
CEO
Keki Mistry (67 yo)
22yrs
Tenure
₹170,223,240
Compensation
Mr. Keki Minoo Mistry, C.P.A., serves as Director at Flipkart Online Services Pvt. Ltd. since 2021.Mr. Mistry serves as Non-Executive Director of HDFC Asset Management Company Ltd. Mr. Mistry has been the...
CEO Compensation Analysis
Compensation vs Market: Keki's total compensation ($USD2.30M) is above average for companies of similar size in the Indian market ($USD1.25M).
Compensation vs Earnings: Keki's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: 500010's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 500010 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Housing Development Finance Corporation Limited's employee growth, exchange listings and data sources
Key Information
- Name: Housing Development Finance Corporation Limited
- Ticker: 500010
- Exchange: BSE
- Founded: 1977
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Implied Market Cap: ₹4.894t
- Shares outstanding: 1.81b
- Website: https://www.hdfc.com
Number of Employees
Location
- Housing Development Finance Corporation Limited
- HDFC House
- H T Parekh Marg
- Mumbai
- Maharashtra
- 400020
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:14 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.