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29 May 2020

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Housing Development Finance Corporation Ltd (Finance - Housing)

Last Price 1,658.90
Net Changes 35.20
Volume 13809103
Prev Close 1,623.70
1,658.90 35.20 (2.17%)
Date: May 29,2020 EOD




Index Details Finance - Housing


Chart

Stock Price Details

Market Statistics

Open Price 1619 Div Yield (%) 1.27
Buy (Size) 1,659.35(×1979) Eps(Rs) 102.59
Sell (Size) 1,673.00(×2) Book Value (Stand.)(Rs) 497.43
Value 45523634300 Book Value(conso.)(Rs) 730.2276113
Buy Quantity 1979 Market Cap(Rs.Cr) 287407.91
Sell Quantity 2 Face Value(Rs) 2
Today's High 1672 Market Lot 1
Today's Low 1590.5 AGM Date Jul
52-Week High 2499.65 Book Closure Date Jul
52-Week Low 1473.1 ISIN No. INE001A01036

Share Holding Pattern

  No Of shares % Share Holding
Total Foreign (Promoter & Group) 0 0.00
Indian (Promoter & Group) 0 0.00
Total of Promoter 0 0.00
Non Promoter (Institution) 1540135971 88.92
Non Promoter (Non-Institution) 191915218 11.08
Total Non Promoter 1732051189 100.00
Total Promoter & Non Promoter 1732051189 100.00
Custodians(Against Depository Receipts) 0 0.00
Grand Total 1732051189 100.00

Company News

28-May-2020  Housing Development Finance Corporation Ltd - Housing Developm...
Housing Development Finance Corporation Ltd - Housing Development Finance Corporation Limited - Updates

Housing Development Finance Corporation Limited has informed the Exchange regarding Publication of Notice in newspapers containing Audited Financial Statement of the Corporation for the year ended March 31, 2020.
26-May-2020  Housing Development Finance Corporation Ltd - Housing Developm...
Housing Development Finance Corporation Ltd - Housing Development Finance Corporation Limited - Dividend

Housing Development Finance Corporation Limited has informed the Exchange that Board of Directors at its meeting held on May 25, 2020, recommended Final Dividend of 21 per equity share.
25-May-2020  HDFC to hold AGM
HDFC to hold AGM

HDFC announced that the 43rd Annual General Meeting (AGM) of the company will be held on 30 July 2020.
25-May-2020  Board of HDFC recommends Final Dividend
Board of HDFC recommends Final Dividend

HDFC announced that the Board of Directors of the Company at its meeting held on 25 May 2020, has recommended a Final dividend of Rs.21 per share (i.e.1050%), subject to the approval of the shareholders.
25-May-2020  Board of HDFC approves issue of 3.55 cr equity shares under ESOP
Board of HDFC approves issue of 3.55 cr equity shares under ESOP

The Board of Housing Development Finance Corporation at its meeting held on 25 May 2020 has approved the issuance of 3,55,55,000 equity shares of Rs 2 each of the Corporation representing 2% of the expanded paid-up capital of the Corporation lo the employees and directors (lo the extent permissible) of the Corporation, under the Employees Stock Option Scheme - 2020, in terms of SEBI (Share Based Employee Benefits) Regulations, 2014, subject to the approval of the Members.
25-May-2020  HDFC Board approves fund raising up to Rs 1.25 lakh crore via...
HDFC Board approves fund raising up to Rs 1.25 lakh crore via issue of debt or hybrid securities

The Board of Housing Development Finance Corporation at its meeting held on 25 May 2020 has approved issuance of Redeemable Non-Convertible Debentures (secured or unsecured) and/or any other hybrid instruments (not in nature of equity shares) up to Rs 1,25,000 crore on a private placement basis in terms of the provisions of Section 42 and other applicable provisions of the Companies Act, 2013 during a period of one year, subject to the approval of the Members.
25-May-2020  HDFC to pay dividend of Rs 21 for FY20
HDFC to pay dividend of Rs 21 for FY20

Housing Development Finance Corporation announced that dividend of Rs 21 per share for FY 2020 will be paid on 31 July 2020.
25-May-2020  Housing Development Finance Corporation consolidated net profi...
Housing Development Finance Corporation consolidated net profit declines 8.39% in the March 2020 quarter

Net profit of Housing Development Finance Corporation declined 8.39% to Rs 4115.20 crore in the quarter ended March 2020 as against Rs 4491.98 crore during the previous quarter ended March 2019. Sales declined 42.26% to Rs 16600.08 crore in the quarter ended March 2020 as against Rs 28747.30 crore during the previous quarter ended March 2019.

For the full year,net profit rose 32.05% to Rs 21434.57 crore in the year ended March 2020 as against Rs 16231.76 crore during the previous year ended March 2019. Sales rose 6.06% to Rs 101725.71 crore in the year ended March 2020 as against Rs 95915.31 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear Ended
 Mar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.
Sales16600.0828747.30 -42 101725.7195915.31 6
OPM %67.3940.46 -51.8545.93 -
PBDT5035.206127.32 -18 26449.3622194.96 19
PBT4950.936105.69 -19 26193.2522098.96 19
NP4115.204491.98 -8 21434.5716231.76 32
25-May-2020  HDFC Q4 net profit tumbles 22% to Rs 2233 cr
HDFC Q4 net profit tumbles 22% to Rs 2233 cr

Profit before tax (PBT) for the quarter stood at Rs 2692.44 crore, down by 27% from Rs 3690.89 crore in the corresponding quarter of the previous year. Current tax expense for the March quarter declined 42.20% to Rs 541.66 crore in Q4 March 2020 from Rs 937.11 crore in Q4 March 2019.

Dividend income slumped to Rs 2.08 crore in Q4 FY20 from Rs 536.88 crore in Q4 FY19. “ With dividend distribution tax being abolished, some of the subsidiary company did not pay interim dividend,' the firm said.

Profit on sale of investment was Rs 2 crore in Q4 FY20 as against Rs 321 crore in Q4 FY19. Fair value changes charged to the statement of profit and loss - largely on account of the fall in the stock markets, was Rs 428 crore in Q4 FY20, higher than Rs 167 crore in the previous year.

Increase in provisioning, including impact for COVID-19, was Rs 1,274 crore in Q4 FY20, higher than Rs 398 crore in the previous year.

After adjusting for fair value adjustments, profit on sale of investment, dividend and provisioning, the adjusted profit before tax for the quarter ended 31 March 2020 is Rs 3,535 crore compared to Rs 3,064 crore in the previous year, reflecting a growth of 15%.

Inclusive of fees and income from assigned loans, the Net Interest Income (NII) for the quarter ended 31 March 2020 stood at Rs 3,780 crore compared to Rs 3,238 crore in the previous year, representing a growth of 17%.

The board of HDFC approved a dividend of Rs 21 per share for the year ended March 2020.

Total individual loan approvals grew by 14% in volume terms and 12% in value terms. Disbursements grew by 7%. The average size of individual loans stood at Rs 27 lakh. As at 31 March 2020, the loan book stood at Rs 4,50,903 crore as against Rs 4,06,607 crore in the previous year, representing a growth of 11%.

On the asset quality front, the gross non-performing loans as at 31 March 2020 stood at Rs 8,908 crore. This is equivalent to 1.99% of the loan portfolio. The non-performing loans of the individual portfolio stood at 0.95% while that of the non-individual portfolio stood at 4.71%. The corporation's capital adequacy ratio stood at 17.7%, of which Tier I capital was 16.6% and Tier II capital was 1.1%.

HDFC said the impact of COVID-19 was felt towards the last fortnight of the financial year. Retail loan disbursements were disrupted in the latter half of the month of March. 97% of the corporation's customers use electronic modes of repayment for their installments. However, in respect of 3% of borrowers, where follow ups would have otherwise been done through personal visits, this was not possible owing to the national lockdown. Recovery efforts were hampered in the latter half of March 2020, which resulted in an increase in individual non-performing loans.

The corporation has adopted an 'opt-in' structure for the moratorium. As of date, approximately 26% of the Corporation's loans under management have opted for the moratorium. Individual loans under moratorium account for 21% of the individual loan portfolio.

As of date, nearly 90% of HDFC's offices are open for business. Shares of HDFC fell 5% to Rs 1516.55 on Friday.

Housing Development Finance Corporation (HDFC) is engaged in financing by way of loans for the purchase or construction of residential houses, commercial real estate and certain other purposes, in India.

25-May-2020  Housing Development Finance Corporation Ltd - Outcome Of Board...
Housing Development Finance Corporation Ltd - Outcome Of Board Meeting

Outcome of Board Meeting
Incorporation Year 1977 
Registered Office Ramon House H T Parekh Marg,169 Backbay Reclamation,
Mumbai,
Maharashtra-400020
Telephone 91-22-6716 6000 
Fax 91-22-2281 1205 
Chairman Deepak Parekh
Managing Director Renu S Karnad
Company Secretary Ajay Agarwal 
Auditor B S R & Co LLP 
Face Value(Rs)
Market Lot
Listing BSE,MSEI,NSE 
Registrar HDFC Ltd
5th Flr Ramon House,Churchgate,169 Backbay Reclam,Mumbai-400020 
Toll Free number: 1800-425-5501 / 1800-103-5501
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