December 26, 2014 11:12 AM ET

Diversified Financial Services

Company Overview of HDB Financial Services Limited

Company Overview

HDB Financial Services Limited operates as a non banking financial company that caters to the needs of market and provides various financial services in India. It operates in two lines of businesses, Lending and Collections BPO. The company offers secured loans against securities, gold, ESOPs and shares, property, commercial vehicles, construction equipments, and car loans; and unsecured loans, including personal and business loans. It also provides various general insurance products, including motor, health, critical illness, travel, home, and personal accident insurance, as well as various life insurance products. HDB Financial Services Limited has approximately 250 branches and 8 collecti...

Madhusudan Estate

Ground Floor

Pandurang Budhkar Marg

Lower Parel

Mumbai,  400013


Founded in 2007

7,614 Employees


91 22 3958 6300


91 22 3958 6666

Key Executives for HDB Financial Services Limited

Chief Executive Officer
Age: 44
Head of Finance
Age: 52
Head of Human Resources & Operations
Age: 44
Head of Risk
Age: 40
Product Head of Lending
Age: 40
Compensation as of Fiscal Year 2014.

HDB Financial Services Limited Key Developments

HDB Financial Services Limited Reports Unaudited Standalone Earnings Results for the Six Months Ended September 30, 2014

HDB Financial Services Limited reported unaudited standalone earnings results for the six months ended September 30, 2014. For the period, the company reported total income of INR 11,492.4 million against INR 7,492.0 million a year ago. Profit from ordinary activities before tax was INR 2,160 million against INR 1,279.3 million a year ago. Net profit for the period was INR 1,425.9 million against INR 844.5 million a year ago. Return on assets was INR 0.87% against INR 0.78% a year ago. Operating profit before provisions and contingencies was INR 2,644.8 million against INR 1,608.3 million a year ago. Earnings per share were INR 2.78 compared to INR 1.85 a year ago.

HDB Financial Services Limited, Board Meeting, Oct 16, 2014

HDB Financial Services Limited, Board Meeting, Oct 16, 2014. Agenda: To consider unaudited standalone earnings results for the six months ended September 30, 2014.

HDB Financial Services Limited, Board Meeting, Aug 25, 2014

HDB Financial Services Limited, Board Meeting, Aug 25, 2014. Agenda: To grant its in-principle approval to the merger of Atlas Documentary Facilitators Company Private Limited and its subsidiary i.e. HBL Global Private Limited into the company, subject to the satisfactory due diligence, valuation, compliance with all the applicable regulatory requirements and all such approvals as may be required.

Recent Private Companies Transactions

July 16, 2014
Atlas Documentary Facilitators Company Private Limited

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