About Hdb Financial Services Limited
Data last updated: 14 July 2026
Hdb Financial Services Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Hdfc Bank Limited. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 04 June 2007, the company has been in operation for over 19 years.
Registered with ROC Ahmedabad under CIN L65993GJ2007PLC051028. Listed.
Capital: an authorised share capital of ₹1,001.55 Cr and a paid-up capital of ₹830.38 Cr. It is led by directors including Arundhati Mech and Ramesh Ganesan.
Last AGM: 12 June 2025. Financial statements filed for year ended 31 March 2025. Office: Radhika 2Nd Floor Law Garden Road Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹18,430 Cr. The net worth stands at ₹20,664 Cr. Total assets are valued at ₹123,652 Cr.
The company has a workforce of approximately 117,736 employees as per the latest available data. It operates as a subsidiary of Hdfc Bank Limited.
The company is associated with 1 brand - Hdb Financial Services. As per MCA filings, the company has open charges of ₹136,221 Cr and satisfied charges of ₹111,193 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hdbfs.com.
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Registered AddressRadhika 2Nd Floor Law Garden Road Navrangpura, Ahmedabad, Gujarat, India – 380009
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Hdb Financial Services Limited
Hdb Financial Services Limited has one previous CIN (Corporate Identification Number): U65993GJ2007PLC051028. The current CIN is L65993GJ2007PLC051028, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65993GJ2007PLC051028 | Current |
| U65993GJ2007PLC051028 | Previous |
Associated Brands with Hdb Financial Services Limited
Hdb Financial Services Limited operates one associated brand: HDB Financial Services. These brands represent Hdb Financial Services Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Non-banking financial services including loans and BPO operations are provided. | hdbfs.com |
Competitors & Alternatives of Hdb Financial Services Limited
Brands and companies operating in the same space as Hdb Financial Services Limited include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
|
Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
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Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
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Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
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Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
|
Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
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Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Tata Capital
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Diversified non-banking financial services are provided by Tata Capital. | Mumbai, India, India | 2007 |
Hero Fincorp
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Muthoot Finance
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Consumer and SME loans are provided, secured by gold jewellery. | Ernakulam, India, India | 1887 |
Kinara Capital
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Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
Business Activity of Hdb Financial Services Limited
Hdb Financial Services Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Hdb Financial Services Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Hdb Financial Services Limited
Hdb Financial Services Limited is audited by M/s. Kalyaniwalla & Mistry LLP (ICAI peer reviewed, certificate valid till 2027-07-31); M/s. G. D. Apte & Co. (ICAI peer reviewed, certificate valid till 2026-11-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s. Kalyaniwalla & Mistry LLP (ICAI peer reviewed, certificate valid till 2027-07-31); M/s. G. D. Apte & Co. (ICAI peer reviewed, certificate valid till 2026-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Hdb Financial Services Limited
Hdb Financial Services Limited is currently managed by 9 directors, with 21 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Arundhati Mech
Also directs:
Afcom Holdings Limited, Shivalik Small Finance Bank Limited
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Director | 11 Feb 2022 | 4 Years 6 Months | Current |
| Ramesh Ganesan | Managing Director | 01 Jul 2012 | 14 Years 1 Months | Current |
| Amla Ashim Samanta | Director | 01 May 2019 | 7 Years 3 Months | Current |
| Adayapalam Kumaraswamy Viswanathan | Director | 24 Jul 2019 | 7 Years 1 Months | Current |
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Jayant Purushottam Gokhale
Also directs:
Franklin Templeton Trustee Services Private Limited
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Director | 16 Sep 2024 | 1 Years 11 Months | Current |
|
Bhaskar Sharma
Also directs:
Polycab India Limited, Ebg Federation
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Director | 16 Sep 2024 | 1 Years 11 Months | Current |
Financials of Hdb Financial Services Limited FY 2026 filings available
Hdb Financial Services Limited reported revenue of ₹18,430 Cr for FY 2026.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹18,430 Cr |
| Interest Earned | ₹15,788 Cr |
| Other Income | ₹0 |
| Total Income | ₹18,430 Cr |
| Cost of Materials Consumed | ₹0 |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | ₹0 |
| Employee Benefit Expense | ₹3,913.64 Cr |
| Finance Costs | ₹6,820.15 Cr |
| Depreciation & Amortisation | ₹209.29 Cr |
| Other Expenses | ₹1,285.49 Cr |
| Total Expenses | ₹15,043 Cr |
| Profit Before Exceptional Items & Tax | ₹3,386.32 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹3,386.32 Cr |
| Total Tax Expense | ₹842.55 Cr |
| Net Profit | ₹2,543.78 Cr |
| Other Comprehensive Income | ₹3.45 Cr |
| Total Comprehensive Income | ₹2,547.23 Cr |
| EBITDA (computed) | ₹10,416 Cr |
| Basic EPS | ₹30.97 |
| Diluted EPS | ₹30.88 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹123,652 Cr |
| Property, Plant & Equipment | ₹230.08 Cr |
| Inventories | ₹0 |
| Cash & Equivalents | ₹1,246.12 Cr |
| Equity (Net Worth) | ₹20,664 Cr |
| Equity Share Capital | ₹830.33 Cr |
| Total Liabilities | ₹102,987 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹8,605.7 Cr |
| Investing Cash Flow | -₹1,772.09 Cr |
| Financing Cash Flow | ₹10,673 Cr |
| Capital Expenditure | ₹143.61 Cr |
| Free Cash Flow (computed) | -₹8,749.31 Cr |
| Dividends Paid | ₹245.49 Cr |
| Net Change in Cash | ₹295.62 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
|---|---|---|---|---|
| Revenue from Operations | ₹4,745.41 Cr | ₹4,673.49 Cr | ₹4,545.39 Cr | ₹4,465.45 Cr |
| Interest Earned | ₹4,081.35 Cr | ₹3,989.02 Cr | ₹3,886.5 Cr | ₹3,831.53 Cr |
| Other Income | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Income | ₹4,745.41 Cr | ₹4,673.49 Cr | ₹4,545.39 Cr | ₹4,465.45 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹970.54 Cr | ₹1,025.26 Cr | ₹957.69 Cr | ₹960.15 Cr |
| Finance Costs | ₹1,682.46 Cr | ₹1,703.96 Cr | ₹1,694.04 Cr | ₹1,739.67 Cr |
| Depreciation & Amortisation | ₹54.27 Cr | ₹51.22 Cr | ₹52.43 Cr | ₹51.35 Cr |
| Other Expenses | ₹342.27 Cr | ₹320.51 Cr | ₹310.77 Cr | ₹312.05 Cr |
| Total Expenses | ₹3,734.15 Cr | ₹3,813.18 Cr | ₹3,763.22 Cr | ₹3,732.87 Cr |
| Profit Before Exceptional Items & Tax | ₹1,011.26 Cr | ₹860.31 Cr | ₹782.17 Cr | ₹732.58 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1,011.26 Cr | ₹860.31 Cr | ₹782.17 Cr | ₹732.58 Cr |
| Total Tax Expense | ₹260.57 Cr | ₹216.38 Cr | ₹200.76 Cr | ₹164.79 Cr |
| Net Profit | ₹750.69 Cr | ₹643.93 Cr | ₹581.41 Cr | ₹567.79 Cr |
| Other Comprehensive Income | ₹50.47 Cr | -₹10.86 Cr | ₹46.56 Cr | -₹82.74 Cr |
| Total Comprehensive Income | ₹801.16 Cr | ₹633.07 Cr | ₹627.97 Cr | ₹485.05 Cr |
| EBITDA (computed) | ₹2,747.99 Cr | ₹2,615.49 Cr | ₹2,528.64 Cr | ₹2,523.6 Cr |
| Basic EPS | ₹9.04 | ₹7.76 | ₹7.01 | ₹7.13 |
| Diluted EPS | ₹9.02 | ₹7.74 | ₹6.98 | ₹7.11 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Lending Business | ₹4,451.88 Cr | ₹1,004.84 Cr | ₹122,521 Cr | ₹102,510 Cr |
| BPO Services | ₹293.53 Cr | ₹20.63 Cr | ₹179.61 Cr | ₹301.37 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Lending Business | ₹17,206 Cr | ₹3,364 Cr | - | - |
| BPO Services | ₹1,223.91 Cr | ₹81.24 Cr | - | - |
Board & Governance of Hdb Financial Services Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Hdb Financial Services Limited has 9 directors - 7 independent and 1 executive. The board is chaired by Arijit Basu.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Arijit Basu | Non-Executive - Independent Director · Chairperson | 2023-05-31 | 1 |
| Amla Samanta | Non-Executive - Independent Director | 2019-05-01 | 1 |
| A K Viswanathan | Non-Executive - Independent Director | 2019-07-24 | 1 |
| Arundhati Mech | Non-Executive - Independent Director | 2022-02-11 | 2 |
| Jayesh Chakravarthi | Non-Executive - Independent Director | 2024-01-25 | 1 |
| Bhaskar Sharma | Non-Executive - Independent Director | 2024-09-16 | 2 |
| Jayant Gokhale | Non-Executive - Independent Director | 2024-09-16 | 1 |
| Jimmy M Tata | Non-Executive - Non Independent Director | 2023-07-15 | 1 |
| Ramesh Ganesan | Executive Director | 2012-07-01 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Jayant Gokhale (Chairperson), A K Viswanathan, Jimmy M Tata, Jayesh Chakravarthi |
| Nomination and remuneration committee | Arundhati Mech (Chairperson), Amla Samanta, Arijit Basu, Bhaskar Sharma |
| Stakeholders Relationship Committee | Amla Samanta (Chairperson), Ramesh Ganesan, Bhaskar Sharma |
| Risk Management Committee | A K Viswanathan (Chairperson), Arundhati Mech, Ramesh Ganesan, Jimmy M Tata, Jayant Gokhale |
| Corporate Social Responsibility Committee | Amla Samanta (Chairperson), Ramesh Ganesan, Jayesh Chakravarthi, Bhaskar Sharma |
Charges & Borrowings of Hdb Financial Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2026 | Bank of India | ₹1,000 Cr | Open |
| 26 May 2026 | Idbi Trusteeship Services Limited | ₹3,000 Cr | Open |
| 23 Mar 2026 | State Bank of India | ₹5,000 Cr | Open |
| 16 Mar 2026 | Idbi Trusteeship Services Limited | ₹2,000 Cr | Open |
| 13 Mar 2026 | Sidbi | ₹755 Cr | Open |
Total charge records: 229 View all charges
Employees and EPFO Compliance at Hdb Financial Services Limited
View historical data on people associated with Hdb Financial Services Limited, including employment history and EPFO contributions.
Employee and EPFO history for Hdb Financial Services Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Hdb Financial Services Limited
GST registrations and filing compliance for Hdb Financial Services Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Hdb Financial Services Limited
Credit ratings, litigation, and regulatory alerts for Hdb Financial Services Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Hdb Financial Services Limited
MSME payment history for Hdb Financial Services Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Hdb Financial Services Limited
Corporate group structure for Hdb Financial Services Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
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MCA Filings & Documents of Hdb Financial Services Limited
MCA filings and documents for Hdb Financial Services Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Hdb Financial Services Limited
Recent News on Hdb Financial Services Limited
Frequently Asked Questions about Hdb Financial Services Limited
Hdb Financial Services Limited is an active public limited company in the financial services sector based in Ahmedabad, Gujarat, India. It was incorporated on 04 June 2007 (19+ years old) and is registered under CIN L65993GJ2007PLC051028. The company has 117,736 employees.
Hdb Financial Services Limited reported revenue of ₹18,430 Cr for FY 2026 based on standalone NSE filings.
The current directors of Hdb Financial Services Limited are:
- Arundhati Mech - Director
- Ramesh Ganesan - Managing Director
- Amla Ashim Samanta - Director
- Adayapalam Kumaraswamy Viswanathan - Director
- Jayant Purushottam Gokhale - Director
- Bhaskar Sharma - Director
- Jayesh Rajagopalan Chakravarthi - Director
- Jimmy Minocher Tata - Director
- Natarajan Srinivasan - Director
The primary industry of Hdb Financial Services Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Yes, Hdb Financial Services Limited is a listed company.
Hdb Financial Services Limited can be reached at the registered office: Radhika 2Nd Floor Law Garden Road Navrangpura, Ahmedabad, Gujarat, India – 380009, or through the website hdbfs.com.