Updated Jan 16, 2026 13:03 IST
HDB Financial Shares: After the quarterly results, HDB Financial Services shares have seen a rise of 3 percent…
highlights
- HDB Financial Services’ net profit increased by 36 per cent YoY in Q3 to Rs 644 crore.
- After the quarterly results, HDB Financial Services shares have seen a rise of 3 percent.
- However, brokerage firm Motilal Oswal has reduced its target price for the company.
HDB Financial Shares: HDB Financial Services, a major finance sector company, has released its third quarter results for FY26. In an exchange filing, the company said that the net profit of HDB Financial Services has increased by 36 percent YoY to Rs 644 crore. The company’s profit in the same quarter last year was Rs 472 crore. During this period, the company’s net interest income also saw a good growth and it increased by 22 percent to Rs 2,285 crore. However, after strong quarterly results, the brokerage firm has reduced the target of the company.
HDB Financial Services: How were the quarterly results?
HDB Financial Services said that the company’s operating performance in Q3 has also been strong. Pre-provisioning operating profit rose 23 per cent to Rs 1,573 crore in the December quarter as against Rs 1,276 crore in the same quarter last year. At the same time, due to strong growth in interest income, the total net income of the company increased to Rs 2,970 crore, which was Rs 2,499 crore in the same quarter last year. That means an increase of 19 percent was recorded in the total income. Higher loan disbursements and stable margins played an important role behind this growth.
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HDB Financial Services: Brokerage reduced target
Talking about brokerage opinion on HDB Financial Services, brokerage house Motilal Oswal has maintained its neutral rating on the stock, but has reduced the target price from Rs 830 to Rs 815. The brokerage believes that the quarterly results were overall mixed. Total loan growth remained under pressure due to higher repayments and slow pace in asset finance and enterprise lending.
Although disbursements have picked up, AUM growth remained limited at 12 percent annually. Asset quality remained overall stable and credit costs gradually declined. The brokerage estimates the company’s disbursements, AUM and PAT to grow at 11 per cent, 15 per cent and 21 per cent compound annual growth rate, respectively, between FY25 to FY28, while RoA is expected to be around 2.5 per cent and RoE to be around 15 per cent in FY28.
HDB Financial Services: Share action seen after quarterly results
Talking about the shares of HDB Financial Services, after strong quarterly results, the company’s shares saw a rise of more than 3 percent on Friday. The company’s shares touched a high of Rs 788.95 on Friday as compared to its previous close of Rs 764. In the day’s trade, it was trading at Rs 772.05 with a rise of Rs 8.05 or 1.05 per cent. The 52 week high of the company is Rs 891.90 and 52 week low is Rs 705.05.
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