HDB Financial

By Sachman Kochar , 15 January 2026

HDB Financial Services delivered a strong financial performance in the third quarter, reporting a 36 percent year-on-year increase in net profit, underscoring the company’s resilience amid a mixed macroeconomic environment. The growth was driven by healthy expansion in its loan book, steady improvement in asset quality, and disciplined cost management. Strong demand across retail lending segments and a cautious underwriting approach helped the non-banking financial company maintain momentum while containing risks.

By Tushar Sharma , 2 July 2025

HDB Financial Services, a key non-banking finance arm of HDFC Bank, commenced trading on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on July 2, 2025, following a resoundingly successful initial public offering (IPO). The offering, which closed on June 27, was oversubscribed nearly 27 times, highlighting strong demand from institutional and retail investors alike. Market momentum, bolstered by a grey market premium of Rs. 75, suggested a listing price of approximately Rs. 815 per share — a 10% premium over the issue price of Rs. 740.