amit@unlistedkraft.in
+91-9599071664
+91-9599071664
- Strong Parentage: HDFC Securities (HSL), a subsidiary of HDFC Bank with around a 95% stake, enhances the bank's service offerings. It benefits from customer sourcing, cross-selling opportunities, and access to HDFC Bank's retail clients and extensive branch network
- Established Player In Retail Broking: HSL is a full-service securities brokerage primarily focused on retail, with about 99% of its broking volumes in the first nine months of FY2024 coming from the retail segment. Its strong retail presence is bolstered by its status as a subsidiary of HDFC Bank.
- Increasing Gearing Ratio: HSL’s gearing ratio increased to 4.4x as of December 31, 2023, up from 2.9x on March 31, 2023, 2.8x on March 31, 2022, and 0.6x on March 31, 2020.
- Strong Market Position: HSL ranks among the top equity brokers by active clients, with 1.03 million active customers on the NSE as of June 30, 2023. It holds a market share of approximately 3.4% in active clients and has a stronger presence in the high-yielding cash segment.
- Profitability: HSL has maintained strong profitability, with a 4-year average net profit (PAT) to net operating income (NOI) ratio of 51.0% and a return on equity (RoE) of 47.6% between FY2020 and FY2023.
HDFC Securities Ltd
DRHP Status : Not Filed
11200
Current Price
11200
Market Cap
16873.60 Cr
ISIN
INE700G01014
Face Value
10
P/E Ratio
17.75
EPS
597.35
P/B Ratio
8.32
Book Value
1274.8
Debt to Equity Ratio
4.7
P&L Statement
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 1368 | 1975 | 1874 | 2660 |
| Cost of Material Consumed | 0 | 0 | 0 | 0 |
| Gross Margins | 100 | 100 | 100 | 100 |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Employee Benefit Expenses | 233 | 257 | 275 | 384 |
| Other Expenses | 131 | 214 | 222 | 340 |
| EBITDA | 1004 | 1504 | 1377 | 1936 |
| OPM | 73.39 | 76.15 | 73.48 | 72.78 |
| Other Income | 31 | 15 | 17 | 0 |
| Finance Cost | 53 | 156 | 296 | 600 |
| D&A | 36 | 42 | 57 | 64 |
| EBIT | 968 | 1462 | 1320 | 1872 |
| EBIT Margins | 70.76 | 74.03 | 70.44 | 70.38 |
| PBT | 945 | 1320 | 1042 | 1271 |
| PBT Margins | 69.08 | 66.84 | 55.6 | 47.78 |
| Tax | 242 | 336 | 265 | 320 |
| PAT | 703 | 984 | 777 | 951 |
| NPM | 51.39 | 49.82 | 41.46 | 35.75 |
| EPS | 444.94 | 622.78 | 491.77 | 595.49 |
Financial Ratios |
2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 73.39 | 76.15 | 73.48 | 72.78 |
| Net Profit Margin | 51.39 | 49.82 | 41.46 | 35.75 |
| Earning Per Share (Diluted) | 444.94 | 622.78 | 491.77 | 595.49 |
Balance Sheet
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 60 | 76 | 80 | 62 |
| CWIP | 10 | 3 | 28 | 5.5 |
| Investments | 250 | 258 | 1227 | 1018 |
| Trade Receivables | 439 | 506 | 407 | 1286 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Assets | 4000 | 7079 | 6526 | 11731.5 |
| Total Assets | 4759 | 7922 | 8268 | 14103 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 15.8 | 15.8 | 15.8 | 15.97 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 1464 | 1642 | 1781 | 2013 |
| Borrowings | 2040 | 4619 | 4619 | 9532 |
| Trade Payables | 1040 | 1420 | 982 | 2174 |
| Other Liabilities | 199.2 | 225.2 | 870.2 | 368.03 |
| Total Liabilities | 4759 | 7922 | 8268 | 14103 |
| Name | Holding |
|---|---|
| HDFC Bank Limited | 95.13% |
| Others | 4.87% |
They are one of the leading stock broking companies in India, and a subsidiary of HDFC Bank, a renowned private sector bank.
As a stock broking company, they have been serving a diverse customer base of retail and institutional investors since 2000. They offer many financial services.
Click here to visit the official website of HDFC Securities Ltd.
FAQs
HDFC Securities Ltd unlisted shares represent ownership in a private financial services company that is not listed on NSE or BSE. These shares can be bought via private market platforms like UnlistedKraft.
Yes. UnlistedKraft provides access to verified deals in HDFC Securities Ltd unlisted shares. Once you complete your KYC and place the order, the shares will be transferred to your demat account, usually within 24 hours.
Unlisted shares carry risks like limited liquidity and fewer public disclosures. However, HDFC Securities is part of the reputed HDFC Group and offers a strong business model. UnlistedKraft ensures secure and verified transactions for your investment.
Share prices are set based on recent private transactions, demand-supply dynamics, company performance, and valuation metrics. UnlistedKraft regularly updates pricing to reflect transparent and fair market valuations.
Yes, you must have an active demat account to receive and hold unlisted shares of HDFC Securities Ltd.
There is no mandatory lock-in period unless the company goes public. Most investors choose to hold their shares until a liquidity event such as an IPO or buyout for potential long-term gains.
Yes. You can resell your shares through UnlistedKraft’s resale network, depending on availability of buyers and market demand.
Yes. SEBI mandates a six-month lock-in period for pre-IPO investors once the company gets listed on a public exchange.
If the shares are held for more than two years, long-term capital gains are taxed at 20 percent with indexation. If sold within two years, gains are considered short-term and taxed as per your income tax slab.
UnlistedKraft offers a secure platform to invest in HDFC Securities Ltd with transparent pricing, expert guidance, verified deals, and fast share delivery to your demat account.
+91-9599071664
amit@unlistedkraft.in