Housing Development Finance Future Growth

Future criteria checks 0/6

Housing Development Finance's revenue and earnings are forecast to decline at 63.8% and 7.7% per annum respectively. EPS is expected to decline by 8.5% per annum. Return on equity is forecast to be 14.3% in 3 years.

Key information

-7.7%

Earnings growth rate

-8.5%

EPS growth rate

Diversified Financial earnings growth	16.3%
Revenue growth rate	-63.8%
Future return on equity	14.3%
Analyst coverage	Good
Last updated	06 Sep 2023

Recent future growth updates

Recent updates

Does Housing Development Finance (NSE:HDFC) Deserve A Spot On Your Watchlist?

Apr 25

Here's Why Shareholders May Consider Paying Housing Development Finance Corporation Limited's (NSE:HDFC) CEO A Little More

Jul 14

Why Housing Development Finance Corporation Limited (NSE:HDFC) Is A Top Dividend Stock

Apr 07

Are Insiders Selling Housing Development Finance Corporation Limited (NSE:HDFC) Stock?

Mar 11

If You Had Bought Housing Development Finance (NSE:HDFC) Stock Five Years Ago, You Could Pocket A 163% Gain Today

Feb 12

What Kind Of Investors Own Most Of Housing Development Finance Corporation Limited (NSE:HDFC)?

Jan 22

Housing Development Finance Corporation Limited's (NSE:HDFC) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Jan 01

Have Housing Development Finance Corporation Limited (NSE:HDFC) Insiders Been Selling Their Stock?

Dec 11

If You Had Bought Housing Development Finance (NSE:HDFC) Shares Five Years Ago You'd Have Earned 93% Returns

Nov 13

Don't Ignore The Fact That This Insider Just Sold Some Shares In Housing Development Finance Corporation Limited (NSE:HDFC)

Nov 13

How Does Housing Development Finance's (NSE:HDFC) CEO Salary Compare to Peers?

Oct 23

What Type Of Shareholders Make Up Housing Development Finance Corporation Limited's (NSE:HDFC) Share Registry?

Oct 05

Earnings and Revenue Growth Forecasts

NSEI:HDFC - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	343,977	234,312	N/A	N/A	3
3/31/2025	306,092	205,907	N/A	N/A	11
3/31/2024	270,759	182,606	N/A	N/A	13
3/31/2023	1,143,588	261,609	-476,435	-473,284	N/A
12/31/2022	1,083,486	249,958	N/A	N/A	N/A
9/30/2022	1,012,302	241,576	-606,123	-584,873	N/A
6/30/2022	980,016	228,621	N/A	N/A	N/A
3/31/2022	1,066,946	225,947	-461,617	-440,279	N/A
12/31/2021	1,073,340	214,862	N/A	N/A	N/A
9/30/2021	1,152,133	208,260	-263,175	-261,614	N/A
6/30/2021	1,098,304	201,676	N/A	N/A	N/A
3/31/2021	1,069,592	187,401	-274,351	-272,764	N/A
12/31/2020	861,148	175,062	N/A	N/A	N/A
9/30/2020	726,176	161,649	-340,610	-338,819	N/A
6/30/2020	704,021	219,538	N/A	N/A	N/A
3/31/2020	637,353	214,346	-271,572	-268,010	N/A
12/31/2019	768,295	218,104	N/A	N/A	N/A
9/30/2019	754,064	210,133	-286,832	-284,477	N/A
6/30/2019	665,910	163,839	N/A	N/A	N/A
3/31/2019	656,779	162,318	-445,132	-443,014	N/A
12/31/2018	677,694	114,393	N/A	N/A	N/A
9/30/2018	618,446	150,781	N/A	N/A	N/A
6/30/2018	574,039	121,883	N/A	N/A	N/A
3/31/2018	529,577	119,799	-581,755	-579,280	N/A
12/31/2017	427,381	152,134	N/A	N/A	N/A
9/30/2017	411,982	112,650	N/A	N/A	N/A
6/30/2017	394,730	108,418	N/A	N/A	N/A
3/31/2017	386,645	109,049	-144,546	-141,731	N/A
12/31/2016	374,496	113,469	N/A	N/A	N/A
9/30/2016	352,755	110,373	N/A	N/A	N/A
6/30/2016	337,073	106,976	N/A	N/A	N/A
3/31/2016	326,786	101,050	N/A	-197,104	N/A
12/31/2015	307,042	93,653	N/A	N/A	N/A
9/30/2015	307,029	91,253	N/A	N/A	N/A
6/30/2015	302,993	90,832	N/A	N/A	N/A
3/31/2015	294,917	87,518	N/A	-91,182	N/A
12/31/2014	275,191	85,180	N/A	N/A	N/A
9/30/2014	261,870	82,738	N/A	N/A	N/A
6/30/2014	250,402	81,006	N/A	N/A	N/A
3/31/2014	240,963	79,348	N/A	-107,349	N/A
12/31/2013	236,035	76,071	N/A	N/A	N/A
9/30/2013	230,159	73,781	N/A	N/A	N/A
6/30/2013	222,087	70,618	N/A	N/A	N/A
3/31/2013	215,428	66,306	N/A	-119,693	N/A
12/31/2012	256,944	63,264	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HDFC's earnings are forecast to decline over the next 3 years (-7.7% per year).

Earnings vs Market: HDFC's earnings are forecast to decline over the next 3 years (-7.7% per year).

High Growth Earnings: HDFC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: HDFC's revenue is expected to decline over the next 3 years (-63.8% per year).

High Growth Revenue: HDFC's revenue is forecast to decline over the next 3 years (-63.8% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HDFC's Return on Equity is forecast to be low in 3 years time (14.3%).

Housing Development Finance Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target raised to ₹2,886

Recent updates

Kopvoorn B.V., Moss Investments Limited, Defati Investments Holding B.V., and Infinity Partners completed the acquisition of a majority stake in HDFC Credila Financial Services Limited from Housing Development Finance Corporation Limited (BSE:500010) for approximately INR 95.5 billion.

Housing Development Finance Corporation Limited(NSEI:HDFC) dropped from FTSE All-World Index (USD)

Housing Development Finance Corporation Limited (BSE:500010) acquired 5.46% stake in Xanadu Realty Private Limited for INR 250 million.

Housing Development Finance Corporation Limited (BSE:500010) acquired 5.46% stake in Xanadu Realty Private Limited for INR 250 million.

HDFC Shares to Be Delisted on 13 July 2023

Nitipalsingh Gajendrasingh Sisodiya and Vidhi Praveen Jain completed the acquisition of HDFC Ventures Trustee Company Limited from Housing Development Finance Corporation Limited (BSE:500010).

New minor risk - Shareholder dilution

Vividh Distributors Pvt Ltd completed the acquisition of HDFC Venture Capital Limited from Housing Development Finance Corporation Limited (BSE:500010) for INR 3 million.

Kopvoorn B.V., Moss Investments Limited, Defati Investments Holding B.V., and Infinity Partners has entered into investment agreement to acquire 90% stake in HDFC Credila Financial Services Limited from Housing Development Finance Corporation Limited (BSE:500010) for INR 90.6 billion.

Nitipalsingh Gajendrasingh Sisodiya and Vidhi Praveen Jain entered into a share purchase agreement to acquire HDFC Ventures Trustee Company Limited from Housing Development Finance Corporation Limited (BSE:500010) for INR 0.76 million.

Vividh Distributors Pvt Ltd and its six nominees entered into a Share Purchase Agreement to acquire HDFC Venture Capital Limited from Housing Development Finance Corporation Limited (BSE:500010) for INR 3 million.

Vividh Distributors Pvt Ltd and its six nominees entered into a Share Purchase Agreement to acquire HDFC Property Ventures Limited from Housing Development Finance Corporation Limited (BSE:500010) for INR 12 million.

Upcoming dividend of ₹44.00 per share at 1.6% yield

Blackstone, ADIA Reportedly Are Likely Bidders for HDFC's Credila

HDFC Receives Multiple Bids for HDFC Credila Financial Services Stake

Housing Development Finance Corporation Limited Approves Interim Dividend, Payable on June 1, 2023

Full year 2023 earnings released: EPS: ₹144 (vs ₹125 in FY 2022)

Does Housing Development Finance (NSE:HDFC) Deserve A Spot On Your Watchlist?

Third quarter 2023 earnings released: EPS: ₹36.59 (vs ₹32.27 in 3Q 2022)

Housing Development Finance Corporation Limited to Report Nine Months, 2023 Results on Feb 02, 2023

An unknown buyer acquired 2.54% stake in RuralShores Business Services Pvt Ltd. from Housing Development Finance Corporation Limited (BSE:500010).

Second quarter 2023 earnings released: EPS: ₹36.06 (vs ₹29.11 in 2Q 2022)

Housing Development Finance Corporation Limited to Report Q2, 2023 Results on Nov 03, 2022

Housing Development Finance Corporation Limited (BSE:500010) completed acquisition of remaining 19.5% stake in HDFC Venture Capital Limited from State Bank of India (NSEI:SBIN).

Housing Development Finance Corporation Limited announced that it expects to receive INR 20 billion in funding from HDFC Life Insurance Company Limited

Housing Development Finance Corporation Limited (BSE:500010) entered into an agreement to acquire remaining 19.5% stake in HDFC Venture Capital Limited from State Bank of India (NSEI:SBIN) for INR 9.75 million.

First quarter 2023 earnings released: EPS: ₹29.26 (vs ₹27.93 in 1Q 2022)

Housing Development Finance Corporation Limited to Report Q1, 2023 Results on Jul 29, 2022

HDFC Reportedly to Sell Four Large Stressed Accounts Before Merger

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

Housing Development Finance Corporation Limited, Annual General Meeting, Jun 30, 2022

Abu Dhabi Investment Authority completed the acquisition of 10% Stake in HDFC Capital Advisors Limited from Housing Development Finance Corporation Limited (BSE:500010).

Upcoming dividend of ₹30.00 per share

Housing Development Finance Corporation Limited Recommends Dividend for the Financial Year 2021-2022, Payable July 1, 2022 Onwards

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

Abu Dhabi Investment Authority agreed to acquire 10% stake in HDFC Capital Advisors Limited from Housing Development Finance Corporation Limited (BSE:500010) for INR1.84 billion.

Housing Development Finance Corporation Limited to Report Q4, 2022 Results on May 02, 2022

HDFC Bank Limited (NSEI:HDFCBANK) entered into scheme of amalgamation to acquire Housing Development Finance Corporation Limited (BSE:500010) for approximately INR 4580 billion.

Investor sentiment improved over the past week

Insider recently sold ₹4.5m worth of stock

General Manager of Public Relations recently sold ₹33m worth of stock

Insider recently sold ₹47m worth of stock

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insider recently sold ₹10m worth of stock

CFO & Whole-time Executive Director recently sold ₹59m worth of stock

Second quarter 2022 earnings released: EPS ₹29.11 (vs ₹26.03 in 2Q 2021)

Insider recently sold ₹40m worth of stock

First quarter 2022 earnings released: EPS ₹27.93 (vs ₹20.86 in 1Q 2021)

Here's Why Shareholders May Consider Paying Housing Development Finance Corporation Limited's (NSE:HDFC) CEO A Little More

Full year 2021 earnings released: EPS ₹106 (vs ₹124 in FY 2020)

Upcoming dividend of ₹23.00 per share

Insider recently sold ₹10m worth of stock

Housing Development Finance Corporation Limited Recommends Dividend for the Year 2020-2021, Payable on July 21, 2021

Full year 2021 earnings released: EPS ₹106 (vs ₹124 in FY 2020)

Why Housing Development Finance Corporation Limited (NSE:HDFC) Is A Top Dividend Stock

Insider recently sold ₹11m worth of stock

Insider recently sold ₹10m worth of stock

Insider recently sold ₹12m worth of stock

Insider recently sold ₹1.3m worth of stock

Are Insiders Selling Housing Development Finance Corporation Limited (NSE:HDFC) Stock?

Vice Chairman & CEO recently sold ₹29m worth of stock

If You Had Bought Housing Development Finance (NSE:HDFC) Stock Five Years Ago, You Could Pocket A 163% Gain Today

Head of Legal recently sold ₹27m worth of stock

New 90-day high: ₹2,767

Price target raised to ₹2,886

Third quarter 2021 earnings released: EPS ₹28.79 (vs ₹22.16 in 3Q 2020)

What Kind Of Investors Own Most Of Housing Development Finance Corporation Limited (NSE:HDFC)?

An unknown buyer signed an agreement to acquire 24.5% stake in Good Host Spaces Private Limited from Housing Development Finance Corporation Limited (BSE:500010) for INR 2.3 billion.

New 90-day high: ₹2,661

Insider recently sold ₹251m worth of stock

Housing Development Finance Corporation Limited to Report Q3, 2021 Results on Feb 02, 2021

Housing Development Finance Corporation Limited's (NSE:HDFC) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

New 90-day high: ₹2,425

Have Housing Development Finance Corporation Limited (NSE:HDFC) Insiders Been Selling Their Stock?