Date: July 15, 2026

Financial Performance Highlights - Q1 FY27

Profitability Metrics:

  • Profit After Tax (PAT) reached ₹785 crore for Q1 FY27, representing a 38.3% year-on-year increase from ₹568 crore in Q1 FY26
  • Profit Before Tax stood at ₹1,055 crore for Q1 FY27, showing a 44.0% year-on-year increase from ₹733 crore in Q1 FY26
  • Pre-provisioning operating profit was ₹1,752 crore for Q1 FY27, increasing 25.0% year-on-year from ₹1,402 crore in Q1 FY26

Income Statement:

  • Net interest income was ₹2,509 crore for Q1 FY27, showing 19.9% year-on-year growth from ₹2,092 crore in Q1 FY26
  • Net total income was ₹3,185 crore for Q1 FY27, increasing 16.8% year-on-year from ₹2,726 crore in Q1 FY26
  • Loan losses and provisions were ₹697 crore for Q1 FY27, a modest 4.1% increase from ₹670 crore in Q1 FY26

Balance Sheet and Growth Metrics:

  • Asset Under Management (AUM) reached ₹1,22,048 crore as of June 30, 2026, showing 11.3% year-on-year growth from ₹1,09,690 crore
  • Gross Loan Book stood at ₹1,21,846 crore as of June 30, 2026, growing 11.4% year-on-year from ₹1,09,342 crore
  • Disbursements for Q1 FY27 amounted to ₹17,629 crore, representing 16.2% year-on-year growth

Asset Quality Indicators:

  • Gross Stage 3 loans improved to 2.34% as of June 30, 2026, compared to 2.56% as of June 30, 2025
  • Net Stage 3 loans improved to 1.04% as of June 30, 2026, compared to 1.11% as of June 30, 2025
  • Provision coverage stood at 55.73% on stage 3 assets as of June 30, 2026, compared to 56.70% as of June 30, 2025

Business Mix and Ratios:

| Metric | June 30, 2025 | March 31, 2026 | June 30, 2026 |

| Enterprise Lending Mix % | 38% | 38% | 39% |

| Asset Finance Mix % | 38% | 37% | 38% |

| Consumer Finance Mix % | 24% | 25% | 23% |

| Secured Gross Loans Mix % | 74% | 74% | 73% |

| Net Interest Margin % | 8.2 | 8.4 | 7.7 |

| Credit Cost % of Total Gross Loans | 2.3 | 2.3 | 2.5 |

| Gross Stage 3 % | 2.56% | 2.44% | 2.34% |

| Return on average assets % (Annualised) | 1.9 | 2.5 | 2.5 |

| Earnings Per Share (FTQ) | 7.1 | 9.0 | 9.5 |

| Book Value Per Share (₹) | 225 | 249 | 257 |

Company Overview:

HDB Financial Services Limited is a non-deposit taking non-banking finance company (NBFC) categorized as an upper layer NBFC by the RBI. Established in 2007 as a subsidiary of HDFC Bank Limited, the company offers lending products through three business verticals: Enterprise Lending, Asset Finance, and Consumer Finance. As of June 30, 2026, the company's distribution network spans 1,710 branches across 1,165 cities/towns.