HDB Financial Services Past Earnings Performance

Past criteria checks 2/6

HDB Financial Services has been growing earnings at an average annual rate of 28.2%, while the Consumer Finance industry saw earnings growing at 26.3% annually. Revenues have been growing at an average rate of 15.5% per year. HDB Financial Services's return on equity is 11.1%, and it has net margins of 26.8%.

Key information

28.25%

Earnings growth rate

28.06%

EPS growth rate

Consumer Finance Industry Growth	18.34%
Revenue growth rate	15.50%
Return on equity	11.13%
Net Margin	26.80%
Last Earnings Update	30 Sep 2025

Recent past performance updates

Recent updates

HDB Financial Services Limited (NSE:HDBFS) Not Lagging Market On Growth Or Pricing

Oct 01

Revenue & Expenses Breakdown

How HDB Financial Services makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NSEI:HDBFS Revenue, expenses and earnings (INR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 25	80,304	21,525	37,554
30 Jun 25	79,045	21,619	36,775
31 Mar 25	78,234	21,759	36,229
31 Dec 24	79,587	23,012	35,830
30 Sep 24	90,212	24,658	36,022
30 Jun 24	82,617	24,755	37,451
31 Mar 24	82,575	24,608	38,684
31 Dec 23	82,259	23,501	40,060
30 Sep 23	76,994	22,147	41,110
30 Jun 23	78,531	20,851	40,921
31 Mar 23	76,009	19,594	40,687
31 Dec 22	73,208	18,409	40,054
30 Sep 22	68,417	16,435	38,275
30 Jun 22	62,742	13,641	36,879
31 Mar 22	55,502	10,114	35,047
31 Dec 21	49,523	7,671	32,774
30 Sep 21	46,679	6,458	31,706
30 Jun 21	41,590	3,691	30,490
31 Mar 21	40,506	3,915	29,590
31 Dec 20	33,520	4,974	30,541
30 Sep 20	40,933	6,034	31,474
30 Jun 20	67,427	8,941	31,965
31 Mar 20	55,438	10,049	32,076
31 Dec 19	69,205	10,300	30,568
30 Sep 19	62,040	10,551	29,077
30 Jun 19	56,722	11,122	27,318
31 Mar 19	55,931	11,532	26,093
31 Dec 18	56,203	11,099	19,707
30 Sep 18	33,600	10,853	35,381
30 Jun 18	39,053	10,185	29,191
31 Mar 18	48,416	9,330	22,892
31 Dec 17	32,778	8,627	28,934
30 Sep 17	65,700	7,925	30,477
30 Jun 17	50,618	7,383	24,989
31 Mar 17	35,535	6,842	19,502
31 Dec 16	36,961	6,227	14,551
30 Sep 16	19,664	5,613	6,362
30 Jun 16	18,170	5,478	5,784
31 Mar 16	16,677	5,344	5,207
31 Dec 15	14,952	4,991	4,577
30 Sep 15	13,226	4,637	4,401
30 Jun 15	11,954	4,066	4,074
31 Mar 15	10,682	3,495	3,294
31 Dec 14	9,783	3,084	3,200

Quality Earnings: HDBFS has high quality earnings.

Growing Profit Margin: HDBFS's current net profit margins (26.8%) are lower than last year (27.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HDBFS's earnings have grown significantly by 28.2% per year over the past 5 years.

Accelerating Growth: HDBFS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HDBFS had negative earnings growth (-12.7%) over the past year, making it difficult to compare to the Consumer Finance industry average (12.7%).

Return on Equity

High ROE: HDBFS's Return on Equity (11.1%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/16 22:58
End of Day Share Price	2025/11/14 00:00
Earnings	2025/09/30
Annual Earnings	2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

HDB Financial Services Limited is covered by 10 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Santanu Chakrabarti	BNP Paribas
Anand Swaminathan	BofA Global Research
Avinash Singh	Emkay Global Financial Services Ltd.