RATING

RECOMMENDATION

Neutral

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

  • HDFC Securities Growth

Get detailed information about the HDFC Securities Share Price. In this research report, you will get to know about HDFC Securities Pre IPO data. In addition, get the Complete details about the Net Profit Growth, Revenue Growth and Book Value Growth.

HDFC Securities Revenue Growth

Growth in %

  • 36.21%

    1 Year

  • 33.52%

    3 Year

  • 27.17%

    5 Year

Revenue of the company is continuously growing, even interest income of the company has seen a growth of 135.1% in FY22.

The total revenue grew by 36.2% in FY 22 when compared to FY21. The growth is driven by favorable market conditions as well as market share gains from Domestic institutional investors(DIIs). The company is continuously innovating and highlighting digital offerings, also technology forms the base of user experience (UX) and User Interface (UI), the two most critical features of brand trust and customer loyalty, and coming is working on them to increase their revenue base. Even in FY22 Revenue per employee rose to ₹68.54 Lakh, 5% higher than the previous year’s ₹65.49 Lakh.

HDFC Securities Net Profit Growth(PAT)

Growth in %

  • 39.97%

    1 Year

  • 43.98%

    3 Year

  • 35.45%

    5 Year

The PAT for FY 22 has increased at a good pace because of an increase in revenue by 36.2% which is higher than the increase in total expense and tax expense of 32.1%. This led to an increase of 40% in PAT year on year. 

Even in FY22, the company saw more than 1.2 Million actively transacting customers and generated ₹585.67 Cr brokerage from the mobile application, 15% higher than the previous year’s aggregate ₹508.67 Cr.

HDFC Securities EPS Growth

Growth in %

  • 39.56%

    1 Year

  • 43.56%

    3 Year

  • 34.91%

    5 Year

The company has seen a hike in its net profit due to favorable market conditions as well as an increase in operations and customer reach of the company. They are continuously improving their product portfolio and adding new branches every year. All of this led to the rise in the EPS of the company, which suggests the company is earning more and more for its shareholders.

  • HDFC Securities Book Value Growth

Growth in %

  • 15.04%

    1 Year

  • 12.05%

    3 Year

  • 15.91%

    5 Year

Book value of the company is constantly increasing due to continuous rise in profit and retained earnings of the company. While security premium of the company has also increased in FY22 Rs 31.24 cr. 

HDFC Securities EBITDA Growth

Growth in %

  • 38.77%

    1 Year

  • 38.41%

    3 Year

  • 31.70%

    5 Year

HDFC Securities Operating Profit Growth

Growth in %

  • 39.62%

    1 Year

  • 38.66%

    3 Year

  • 32.00%

    5 Year

HDFC Securities Asset Growth

Growth in %

  • 66.48%

    1 Year

  • 57.26%

    3 Year

  • 41.11%

    5 Year

As the company is moving towards digitalization it is increasing its assets every year. In FY22 it has increased its loan deposits as well as deposits in other banks which led to an increase in total assets by 66.4% in F22 in comparison to FY21.

HDFC Securities Cash Flow from Operations

Growth in %

  • NA

    1 Year

  • NA

    3 Year

  • NA

    5 Year

Cash flow for HDFC has decreased a lot because the company has issued many loans and has also increased its other banks balance which led to more of its cash outflow.

  • HDFC Securities Sector Specific Ratios

HDFC Securities Net Interest Margin

HDFC securities is earning a major portion of its revenue from brokerage, fees, and interest income. Even their net interest income shows they are earning optimum over their assets. Both, of the earnings, are growing at a much higher rate year on year when compared to the assets which lead to an increasing NIM. Also, the average book size for the year under Margin Trade Funding (MTF) stood at ₹2,992 Cr, higher by 221% compared to previous financial year’s ₹932 Cr. The book size as of 31st March 2022 is positioned at ₹3,288 Cr. This further led to increase in NIM of the company.

  • HDFC Securities Solvency Ratios

HDFC Securities D/E Ratio

The debt to equity ratio of the company has increased due to the sudden rise in short-term borrowings the company. As the company has raised around Rs. 2,578.71 Cr. by issuing commercial bonds. But it's still lower and better than its peers.

HDFC Securities Current Ratio

Both current assets and current liabilities of the company has increased. Company has also raised it cash and cash equivalent due to RBI guidelines and to protect its customers interest and prevent the situation of insolvency, which led to rise in current ratio of the company.

HDFC Securities Quick Ratio

HDFC Securities Interest Coverage Ratio

  • HDFC Securities Operating Efficiency

Margin ratios of the company were continuously rising but have seen a fall in FY22. This shows the company's expenses have increased a bit as the company is investing more in technology building and focusing on opening more branches with tech services. As more than 85% of the customers are on-boarded through digital platforms, and by FY22 the company has a widespread distribution network with 200+ Branches extended across 147 Cities with 10 Digital Centers in India.

HDFC Securities Operating Profit EBIT Margin(OPM)

HDFC Securities Profit Before Tax Margin (PBT Margin)

HDFC Securities Profit After Tax Margin (PAT Margin)

  • HDFC Securities Profitablity Ratio

HDFC Securities Return on Equity(RoE)

In FY22 company has seen huge rise in its return on equity, they have increased its equity by keeping its profits as reserves and has also provided good amount of dividend to its shareholders. This suggest company is utilizing its equity properly and has potential to generate more returns in future.

HDFC Securities Return to Assets (RoA)

From the previous 5 years company's ROA is in the range of 15%-23%, which is optimum for a company like this. The company is utilizing its assets properly and as in FY22 main focus of the company is to provide more and more services digitally, so the company has increased its expenditure on hardware and software products, and they are able to provide optimum returns on the same.

  • HDFC Securities Valuation Ratios

HDFC Securities Dividend Yield

HDFC Securities Earning Yield

  • HDFC Securities NBFC's Ratios

HDFC Securities Tangibe Book Value

Tangible book value of the company has increased specifically due to increase in retained earnings of the company, while its intangible assets has also increase a bit due to investment in software services. But overall company has seen improvement in its equity which shows a good position for its shareholders and future growth.