August 22, 2014 2:46 PM 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

India

Founded in 2007

7,614 Employees

Phone:

91 22 3958 6300

Fax:

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, Board Meeting, Jul 15, 2014

HDB Financial Services Limited, Board Meeting, Jul 15, 2014. Agenda: To grant its in-principle approval to the merger of Atlas Documentary Facilitators Company 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 in this regard.

HDB Financial Services Limited Announces Unaudited Financial Results for the Six Months and Audited Financial Results for the Year Ended March 31, 2014

HDB Financial Services Limited announced unaudited financial results for the six months and audited financial results for the year ended March 31, 2014. For the six months, the company reported total income of INR 9,390.8 million against INR 5,680 million a year ago. Profit from ordinary activities before tax was INR 1,901.7 million against INR 984.8 million a year ago. Net profit for the period was INR 1,248.2 million or INR 2.13 per share against INR 665.7 million or INR 1.62 per share a year ago. Operating profit before provisions and contingencies was INR 2,339.2 million against INR 1,320.1 million a year ago. Return on assets was 0.91% against 0.80% a year ago. For the year, the company reported total income of INR 16,882.8 million against INR 9,631.9 million a year ago. Profit from ordinary activities before tax was INR 3,180.9 million against INR 1,501.3 million a year ago. Net profit for the period was INR 2,092.6 million or INR 4.32 per share against INR 1,024.5 million or INR 2.49 per share a year ago. Operating profit before provisions and contingencies was INR 3,947.5 million against INR 2,023.9 million a year ago. Return on assets was 1.53% against 1.23% a year ago.

HDB Financial Services Limited, Board Meeting, Apr 15, 2014

HDB Financial Services Limited, Board Meeting, Apr 15, 2014. Agenda: To consider the recommendation of a dividend of INR 0.50 per share for the financial year ended March 31, 2014.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 16, 2014
Atlas Documentary Facilitators Company Private Limited
 

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