About HDFC Securities Limited
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HDFC Securities Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Hdfc Bank Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 17 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2000PLC152193. Its GSTIN is 27AAACH8215R2Z2 (Maharashtra). The company holds 28 GST registrations, of which 27 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.89 Cr. It is led by directors including Dhiraj Relli (Managing Director) and Samir Vijay Bhatia.
Its last annual general meeting (AGM) was held on 15 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹3,110.22 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹926.58 Cr (net margin 29.8%) and EBITDA of ₹2,134.04 Cr (EBITDA margin 68.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 17% over five years.
The company has about 3,228 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Hdfc Sky and HDFC securities. As per MCA filings, the company has open charges of ₹4,850 Cr and satisfied charges of ₹1,000 Cr on record. Court records list 86 cases involving the company, including 41 filed by the company and 46 filed against it; 20 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hdfcsec.com.
Company details
Contact details
HDFC Securities Limited's registered office is in Mumbai, Maharashtra. Its website is hdfcsec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressIthinktechnocampus Bld – B Alpha Officefloor8 Opp.Cromptongreaves Kanjurma, Rg (E), Mumbai, Maharashtra, India – 400042
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of HDFC Securities Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
HDFC Securities operates two associated brands: HDFC SKY and HDFC securities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online trading and investment platform | hdfcsky.com | |
| Trading and investment services are provided through an online platform. | hdfcsec.com |
Business activity
The main business activity of HDFC Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of HDFC Securities Limited, buy the company report.
Financials of HDFC Securities Limited
FY 2026 filings availableHDFC Securities Limited reported revenue of ₹3,110.22 Cr (down 5% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 9% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹2,134.04 Cr | ||||
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| Net Profit (PAT) | ₹926.58 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68.6% | ||||
| Net Profit Margin | 29.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of HDFC Securities Limited, buy the company report.
Board of directors of HDFC Securities Limited
HDFC Securities has 7 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Vijay Bhatia | Director | 05 Jul 2019 | 7 Years 3 Months | Current |
| Arvind Vohra | Nominee Director | 22 Apr 2026 | 0 Years 6 Months | Current |
| Dhiraj Relli Also directs: Bombay Chamber of Commerce and Industry | Managing Director | 01 May 2015 | 11 Years 5 Months | Current |
| Tarun Balram Also directs: DCB Bank Limited | Director | 08 Jun 2022 | 4 Years 4 Months | Current |
| Vijay Laxmi Joshi Also directs: GHCL Limited, Adani Enterprises Limited | Director | 07 Oct 2024 | 2 Years 0 Months | Current |
| Ashish Kamalkishore Rathi | Director | 21 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
HDFC Securities Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Passionate Investment Management Private Limited | ₹3,634.3 Cr (FY 2021) | 54.0% | Mumbai, Maharashtra, India | |||
| Nuvama Wealth Management Limited | ₹3,157.72 Cr (FY 2024) | 42.0% | Mumbai, Maharashtra, India | |||
| HDFC Securities Limitedthis company | ₹3,110.22 Cr (FY 2026) | ₹926.58 Cr | 29.8% | -5.0% | 3,228 | Mumbai, Maharashtra, India |
| Touchline Securities Private Limited | ₹2,972.03 Cr (FY 2023) | 3800.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of HDFC Securities Limited, buy the company report.
Auditor
HDFC Securities Limited is audited by SR Batliboi & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SR Batliboi & Co. LLP | FY 2024 | 301003E/E300005 |
Shareholding
The shareholding of HDFC Securities Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HDFC Securities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2024 | 100980491 | Others | ₹250 Cr | Open | |
| 10 Jul 2024 | 100949771 | State Bank of India | ₹1,500 Cr | Open | |
| 18 Sep 2023 | 100791766 | Idbi Bank Limited | ₹200 Cr | Open | |
| 15 Nov 2021 | 100507898 | State Bank of India | ₹1,000 Cr | Open | |
| 30 Jun 2020 | 100350661 | Others | ₹200 Cr | Open |
To see the full charge records of HDFC Securities Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
HDFC Securities Limited has 86 court cases on record: 41 filed by HDFC Securities, 46 filed against it. 20 cases are pending and 66 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 52 | 34 | 14 |
| High courts | 28 | 11 | 5 |
| Supreme Court | 5 | 0 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 86)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Gujarat Organics Ltd | Pending |
| High Court, CHANDIGARH (UT) | Revision petition | Filed against the company by HDFC Securities Ltd and Others and 3 others | Pending |
| High Court, CHANDIGARH (UT) | Revision petition | Filed by the company against HDFC Securities Ltd and 3 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Experian Credit Information Company of India Pvt.Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by Gujarat Organics Ltd | Disposed |
To see the full case history of HDFC Securities Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
HDFC Securities Limited was last rated by Care on 29 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Dec 2021 |
To see the full credit ratings and regulatory alerts of HDFC Securities Limited, buy the company report.
MSME payment delays
HDFC Securities Limited has 17 MSME Form 1 returns on record between 2015 and 2024, listing 1,639 overdue payments to 208 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 208)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Param Digital Solutions Private Limited | |||
| Paramatrix Technologies Limited | |||
| Oneworld Logix | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of HDFC Securities Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
HDFC Securities Limited has a workforce of 3,228 employees on its EPFO records as of Dec 06, 2024, across 1 active EPFO establishment.
GST
HDFC Securities has 28 GST registrations: 27 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH8215R2Z2 | Maharashtra | Active | 01 Jul 2017 |
| 02AAACH8215R1ZF | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACH8215R1ZD | Punjab | Active | 01 Jul 2017 |
| 05AAACH8215R1Z9 | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of HDFC Securities Limited, buy the company report.
Recent activity
HDFC Securities Limited has 23 board changes on record since 2007: 7 appointments and 16 cessations. The latest: Arvind Vohra was appointed as Nominee Director on 22 Apr 2026.
25 earlier events are in the company report.
News
Frequently asked questions
HDFC Securities is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 17 April 2000 (26+ years old) and is registered under CIN U67120MH2000PLC152193.
HDFC Securities has 7 current directors:
- Dhiraj Relli - Managing Director
- Samir Vijay Bhatia - Director
- Arvind Vohra - Nominee Director
- Tarun Balram - Director
- Vijay Laxmi Joshi - Director
- Ashish Kamalkishore Rathi - Director
- Neeraj Swaroop - Director
The latest financial statements of HDFC Securities on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 15 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of HDFC Securities is 27AAACH8215R2Z2, registered in Maharashtra. The company has 28 GST registrations in all, of which 27 are active and 1 is cancelled or inactive. Other active GSTINs include 02AAACH8215R1ZF (Himachal Pradesh), 03AAACH8215R1ZD (Punjab), 05AAACH8215R1Z9 (Uttarakhand).
The CIN (Corporate Identification Number) of HDFC Securities is U67120MH2000PLC152193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HDFC Securities has 86 court cases on record: 41 filed by the company and 46 filed against it. 20 are pending. Most are in the district courts.
HDFC Securities was incorporated on 17 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of HDFC Securities by revenue are Passionate Investment Management Private Limited, Nuvama Wealth Management Limited, Touchline Securities Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Arvind Vohra was appointed as Nominee Director on 22 Apr 2026. Vijay Laxmi Joshi was appointed as Director on 07 Oct 2024. Kunal Suresh Sanghavi ceased to be CFO on 09 Dec 2023. HDFC Securities has 23 board changes on record in total.
HDFC Securities has 17 MSME Form 1 returns on record between 2015 and 2024, listing 1,639 overdue payments to 208 micro and small suppliers. The latest return was filed on 26 Apr 2024.
HDFC Securities can be reached through the website hdfcsec.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of HDFC Securities is at Ithinktechnocampus Bld – B Alpha Officefloor8 Opp.Cromptongreaves Kanjurma, Rg E, Mumbai, Maharashtra, India – 400042.