HDB Financial Services Limited announced its unaudited financial results for Q2FY27 (quarter ended September 30, 2026) approved by the Board of Directors at its meeting held on October 14, 2026.

Financial Performance Highlights - Q2FY27 vs Q2FY25:

  • Net interest income: ₹2,534 crore (up 15.6% from ₹2,192 crore)
  • Net total income: ₹3,188 crore (up 11.8% from ₹2,851 crore)
  • Pre-provisioning operating profit: ₹1,774 crore (up 15.9% from ₹1,530 crore)
  • Loan losses and provisions: ₹730 crore (down 2.5% from ₹748 crore)
  • Profit before tax: ₹1,044 crore (up 33.4% from ₹782 crore)
  • Profit after tax: ₹780 crore (up 34.2% from ₹581 crore)

Business Metrics:

  • Disbursements for Q2FY27: ₹18,522 crore (up 18.7% YoY)
  • Asset under management (AUM): ₹1,24,638 crore as of September 30, 2026 (up 11.6% from ₹1,11,721 crore)
  • Gross Loan Book: ₹1,24,469 crore as of September 30, 2026 (up 11.7% from ₹1,11,409 crore)

Asset Quality Indicators:

  • Gross Stage 3 loans: 2.43% (improved from 2.81% as of September 30, 2025)
  • Net Stage 3 loans: 1.09% (improved from 1.27% as of September 30, 2025)
  • Provision Coverage: 55.00% on stage 3 assets (slightly improved from 54.73%)

Quarterly Comparative Metrics (Table Data):

| Particulars | 30-Sep-25 | 30-Jun-26 | 30-Sep-26 |

| Total Gross Loans (₹ bn) | 1,114 | 1,218 | 1,245 |

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

| Asset Finance Mix % | 38% | 37% | 36% |

| Consumer Finance Mix % | 24% | 25% | 26% |

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

| Net Interest Margin % | 7.9 | 8.4 | 8.2 |

| Credit Cost % of Total Gross Loans | 2.7 | 2.3 | 2.4 |

| Gross Stage 3 % | 2.81% | 2.34% | 2.43% |

| Return on average assets % (Annualised) | 1.9 | 2.5 | 2.4 |

| Earnings Per Share (FTQ) | 7.0 | 9.5 | 9.4 |

| Book Value Per Share (₹) | 233 | 257 | 267 |

Corporate Action:

The Board of directors declared an interim dividend of ₹2 per equity share of face value of ₹10 each. The record date for dividend payment is October 23, 2026.

Company Background:

HDB Financial Services Limited is a non-deposit taking NBFC and subsidiary of HDFC Bank Limited, categorized as an upper layer NBFC by RBI. The company offers lending products through three business verticals: Enterprise Lending, Asset Finance and Consumer Finance. As of September 30, 2026, the company's distribution network spans 1,701 branches across 1,156 cities/towns.