HDFC Securities Ltd
| Market Cap | ₹17,016Cr. | Stock P/E | 17.9 |
| Current Price | ₹9600 | Book Value | ₹1282 |
| Lot Size | 100 | 52W Low | ₹ |
| 52W High | ₹ | Demat Account | NSDL\CDSL |
| EPS | 600.73 | ISIN | INE700G01014 |
| Debt to Equity | 0 | Valuation | ⭐⭐⭐⭐⭐ |
| Face Value | 10 | No. of Shares | 1.58 |
Current Price : ₹9600
Price History
Description
| Buy Price | Minimum Quantity | Amount |
|---|---|---|
| ₹ 8640 | 100 | ₹ 864000 |
| Sell Price | Minimum Quantity | Amount |
|---|---|---|
| ₹ 9600 | 100 | ₹ 960000 |
Company Overview:
Company Overview:
HDFC Securities is a stock broking firm and subsidiary of HDFC Bank, a lending private bank in India. It was established in 2000 as a joint venture between HDFC Bank and Indocean Securities Holding Limited. HDFC Securities offers a variety of investment options, including equities, bonds, mutual funds, and more.
Services: Online trading portal Mobile app Telephone trading Branch Trading Investment advisory services
Trading Platform: HDFC Securities offers multiple platforms and tool for trading stocks. Customers can trade on the BSE and NSE, and can use any of the online trading platforms, mobile app, or call N Trade
Business Model: Brokerage and fee income.
Key Strengths:
- Strong parental support along and broader benefits of the HDFC brand.
- Strong retail broking franchise.
- Healthy earnings profile.
- Comfortable capitalization.
Key Weaknesses: Presence in inherently risky and competitive broking business.
Announcement and News
Enhancing NPS Services: HDFC Securities, Partnership with KFintech Feb 03, 2025
HDFC Securities and KFintech: Advancing the National Pension System for Investors
In a strategic initiative to enhance the National Pension System (NPS), HDFC Securities has formed a partnership with KFintech, a leading CRA. This alliance is designed to make NPS more appealing and manageable for investors, thereby fostering greater adoption.
Purpose of the Alliance: The alliance aims to bolster NPS services by integrating KFintech’s CRA platform, which will allow HDFC Securities to provide a more streamlined and secure NPS experience to its clientele.
Advantages and New Features:
-
Simplified Transactions: Investors will enjoy hassle-free transactions coupled with immediate notifications.
-
Enhanced Security: The introduction of dual-factor authentication will add an extra layer of security to transactions.
-
Multi-Platform Accessibility: NPS services will be accessible through a variety of channels, including online portals, WhatsApp, and even through missed call services, enhancing convenience.
Market Reach: With a substantial client base of over 3.5 million subscribers and a network of more than 2,700 corporate clients, HDFC Securities is well-positioned to extend the benefits of this partnership across a broad spectrum of the market.
Tax Incentives: A significant draw of this partnership is the boosted tax incentives for corporate NPS contributions, which have been increased to 14% from the previous 10% of basic income, making NPS a more attractive proposition for businesses and investors.
Implications for Investors: The partnership is anticipated to spur greater corporate engagement with NPS, potentially unveiling new avenues for investment. The infusion of advanced technology into NPS services is also expected to foster innovation and boost the efficiency of the financial sector, to the benefit of investors.
Financial Data (IN CR.)
| YEAR | 2024 | 2023 | 2022 |
|---|---|---|---|
| NET SALES | 2660.1 | 1891.3 | 1975.6 |
| TOTAL INCOME | 2660.7 | 1891.6 | 1990.3 |
| NET PROFIT | 950.9 | 777.2 | 984.3 |
| SHAREHOLDERS FUND | 2029.2 | 1797.1 | 1657.9 |
| TOTAL ASSETS | 14103.1 | 8276.5 | 7922.5 |
| EPS | 600.73 | 491.01 | 621.86 |
Financial Docs
Profit and Loss (IN CR.)
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Revenue | 1975 | 1874 | 2660 |
| Cost of Material consumed | 0 | 0 | 0 |
| Gross Margin | 100 | 100 | 100 |
| OPM | 76.15 | 73.48 | 72.78 |
| Other Income | 15 | 17 | 0 |
| Other Expenses | 214 | 222 | 340 |
| Depreciation & Amortization | 42 | 57 | 64 |
| Profit before tax | 1320 | 1042 | 1271 |
| Net Profit Margin | 49.82 | 41.46 | 35.75 |
| EPS in Rs | 622.78 | 491.77 | 595.49 |
| Finance Cost | 156 | 296 | 600 |
Balance Sheet (IN Cr.)
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Share Capital | 18.8 | 15.8 | 15.97 |
| Reserves | 1642 | 1781 | 2013 |
| Borrowings | 4619 | 4619 | 9532 |
| Other Liabilities | 225.2 | 870.2 | 368.03 |
| Total Liabilities | 7922 | 8268 | 14103 |
| Fixed Assets | 76 | 80 | 62 |
| CWIP | 3 | 28 | 5.5 |
| Investments | 258 | 1227 | 1018 |
| Other Assets | 7079 | 6526 | 11731.5 |
| Total Assets | 7922 | 8268 | 14103 |
Shareholding Pattern
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| HDFC Bank Limited | 95.96% | 95.57% | 95.13% |
| Others | 4.04% | 4.43% | 4.87% |