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06 August 2020

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Housing Development Finance Corporation Ltd (Finance - Housing)

Last Price 1,783.75
Net Changes 7.05
Volume 6004624
Prev Close 1,776.70
1,783.75 7.05 (0.40%)
Date: Aug 06,2020 EOD




Index Details Finance - Housing


Chart

Stock Price Details

Market Statistics

Open Price 1800 Div Yield (%) 1.17
Buy (Size) 1,779.00(×16) Eps(Rs) 101.57
Sell (Size) 1,784.90(×1) Book Value (Stand.)(Rs) 496.70
Value 58970912900 Book Value(conso.)(Rs) 729.153866
Buy Quantity 16 Market Cap(Rs.Cr) 309740.42
Sell Quantity 1 Face Value(Rs) 2
Today's High 1804.85 Market Lot 1
Today's Low 1762.4 AGM Date Jul
52-Week High 2499.65 Book Closure Date Jul
52-Week Low 1473.1 ISIN No. INE001A01036

Share Holding Pattern

  No Of shares % Share Holding
Total Foreign (Promoter & Group) 0 0.00
Indian (Promoter & Group) 0 0.00
Total of Promoter 0 0.00
Non Promoter (Institution) 1538301607 88.68
Non Promoter (Non-Institution) 196307200 11.32
Total Non Promoter 1734608807 100.00
Total Promoter & Non Promoter 1734608807 100.00
Custodians(Against Depository Receipts) 0 0.00
Grand Total 1734608807 100.00

Company News

06-Aug-2020  HDFC opens QIP issue on 05 August
HDFC opens QIP issue on 05 August

Housing Development Finance Corporation opened a Qualified Institutional Placement issue on 05 August 2020 with floor price of Rs 1838.94 per share.

The issue would comprise for an amount aggregating up to Rs 14,000 crore by way of issue of equity shares and warrants and up to Rs 9,000 crore by way of issue of secured redeemable convertible debentures.

The committee of directors will meet on 10 August 2020 to consider and determine the issue price of the securities to be issued to QIBs.

06-Aug-2020  HDFC gains after launching QIP issue
HDFC gains after launching QIP issue

HDFC has set the floor price at Rs 1,838.94 per share for its qualified institutional placement (QIP) issue that opened on Wednesday. On 30 July, the board of HDFC had approved raising funds by way of issuance of equity shares and secured redeemable non-convertible debentures simultaneously with warrants aggregating up to a cumulative amount of Rs 14,000 crore on a QIP basis.

The committee of directors of HDFC at its meeting held on 5 August 2020, approved the opening of the issue on Wednesday. The committee approved the floor price of the issue at Rs 1,838.94 per equity share. HDFC may offer a discount of not more than 5% of the said floor price.

The country's largest mortgage lender said that the committee of directors will meet on Monday, 10 August 2020, to determine the issue price of the securities to be issued by way of issue to qualified institutional buyers (QIBs).

HDFC is engaged in financing by way of loans for the purchase or construction of residential houses, commercial real estate and certain other purposes, in India.

05-Aug-2020  Housing Development Finance Corporation Ltd - Housing Developm...
Housing Development Finance Corporation Ltd - Housing Development Finance Corporation Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Housing Development Finance Corporation Limitedn Limited has informed the Exchange about Analysts/Institutional Investor Meet/Con. Call Updates
03-Aug-2020  Housing Development Finance Corporation Ltd - Housing Developm...
Housing Development Finance Corporation Ltd - Housing Development Finance Corporation Limited - Updates

Housing Development Finance Corporation Limited has informed the Exchange regarding Intimation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 .
31-Jul-2020  HDFC shareholders approve raising Rs 1.25 lakh crore
HDFC shareholders approve raising Rs 1.25 lakh crore

At the 43rd Annual General Meeting (AGM) of the Corporation held on Thursday, HDFC's shareholders approved the issuance of redeemable non-convertible debentures and/or other hybrid instruments on private placement basis, up to an amount not exceeding Rs 1,25,000 crore.

The corporation's shareholders also approved sale of shares held in HDFC Life Insurance Company and HDFC ERGO General Insurance Company.

The scrip fell 2.33% to Rs 1768.85 on the BSE. It had traded in the range of 1760.20 and 1807 during the day.

HDFC is engaged in financing by way of loans for the purchase or construction of residential houses, commercial real estate and certain other purposes, in India.

30-Jul-2020  HDFC updates its medium term note programme upto 2.8 billion
HDFC updates its medium term note programme upto 2.8 billion

Housing Development Finance Corporation has on 28 July 2020, updated its existing medium term note programme through an offering circular, for an amount of up to 2.8 billion in order to enable the corporation to issue rupee/ foreign currency denominated bonds in the international capital markets, subject to regulatory approvals.
30-Jul-2020  Housing Development Finance Corporation consolidated net profi...
Housing Development Finance Corporation consolidated net profit rises 16.78% in the June 2020 quarter

Net profit of Housing Development Finance Corporation rose 16.78% to Rs 3613.60 crore in the quarter ended June 2020 as against Rs 3094.38 crore during the previous quarter ended June 2019. Sales rose 29.21% to Rs 29953.57 crore in the quarter ended June 2020 as against Rs 23182.45 crore during the previous quarter ended June 2019.

ParticularsQuarter Ended
 Jun. 2020Jun. 2019% Var.
Sales29953.5723182.45 29
OPM %37.5249.60 -
PBDT4902.244629.21 6
PBT4815.934579.36 5
NP3613.603094.38 17
30-Jul-2020  HDFC slips after Q1 PAT falls 5%
HDFC slips after Q1 PAT falls 5%

Total income rose marginally by 0.2% on a year-on-year basis (YoY) to Rs 13,019.29 crore during the period under review.

Net interest income (NII) rose 10% to Rs 3392 crore in Q1 June 2020 from Rs 3079 crore in Q1 June 2019. The NII numbers, however, are not comparable with each other owing to the higher liquidity levels and equity investments made in the recent period. Net interest margin (NIM) stood at 3.1% as on 30 June 2020 as compared to 3.3% as on 30 June 2019.

Total tax expense fell 29% YoY to Rs 555.31 crore in the June quarter. Profit before tax in Q1 FY21 stood at Rs 3606.83 crore, down by 9.5% from Rs 3985.11 crore in Q1 FY20.

After adjusting dividend, profit on sale of investments, net gains on de-recognition of assigned loans, provisioning and the impact of negative carry on account of higher liquidity, the adjusted profit before tax for the quarter ended 30 June 2020 is Rs 3,265 crore compared to Rs 2,684 crore in the previous year, reflecting a growth of 22%.

As per National Housing Bank norms, the gross non-performing loans as at 30 June 2020 stood at Rs 8,631 crore (as compared to Rs 8,908 crore as at 31 March 2020). This is equivalent to 1.87% of the loan portfolio (1.99% as at 31 March 2020). The non-performing loans of the individual portfolio stood at 0.92% while that of the non-individual portfolio stood at 4.10%. The provisions as at 30 June 2020 stood at Rs 12,285 crore.

HDFC's expected credit loss charged to the statement of profit and loss stood at Rs 1,199 crore in Q1 FY20 as against Rs 890 crore in Q1 FY20. This includes a COVID-19 provision of Rs 404 crore made during the quarter.

Individual loans under moratorium 1 accounted for 22.6% of the individual loan portfolio. 27.0% of the corporation's total loans under management were under moratorium 1. On 23 May 2020, the RBI further permitted an extension of the moratorium period by 3 months from 1 June 2020 up to 31 August 2020 (moratorium 2). As of date, individual loans under moratorium 2 accounted for 16.6% of the individual loan portfolio. 22.4% of HDFC's total loans under management have opted for moratorium 2.

All investments in HDFC's subsidiary and associate companies are carried at cost and not at fair value. Accordingly, as at 30 June 2020, the unaccounted gains on listed investments in subsidiary and associate companies amounted to Rs 1,92,151 crore.

For the quarter ended 30 June 2020, the consolidated profit after tax stood at Rs 4,059 crore as compared to Rs 3,540 crore in the previous year, representing a growth of 15%.

30-Jul-2020  Housing Development Finance Corporation Ltd - Housing Developm...
Housing Development Finance Corporation Ltd - Housing Development Finance Corporation Limited - Outcome of Board Meeting

Housing Development Finance Corporation Limited has informed the Exchange regarding Board meeting held on July 30, 2020.
29-Jul-2020  Housing Development Finance Corporation Ltd - Housing Developm...
Housing Development Finance Corporation Ltd - Housing Development Finance Corporation Limited - Updates

Housing Development Finance Corporation Limited has informed the Exchange regarding Integrated Report of the Corporation FY 2019-20.
Incorporation Year 1977 
Registered Office Ramon House H T Parekh Marg,169 Backbay Reclamation,
,
Maharashtra-400020
Telephone 91-22-6716 6000 
Fax 91-22-2281 1205 
Chairman Deepak Parekh
Managing Director Renu S Karnad
Company Secretary Ajay Agarwal 
Auditor B S R & Co LLP 
Face Value(Rs)
Market Lot
Listing BSE,MSEI,NSE 
Registrar HDFC Ltd
5th Flr Ramon House,Churchgate,169 Backbay Reclam,Mumbai-400020 
Toll Free number: 1800-425-5501 / 1800-103-5501
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