
HDFC SECURITIES
HDFC securities Ltd was founded in April 2000, as a joint venture between HDFC Limited, Indocean eSecurities Holding Limited and HDFC Bank Limited. Subsequently, HDFC Bank acquired HDFC Limited's stake in 2006 and Indocean eSecurities’ remaining stake in 2008, making HDFC securities Ltd a subsidiary of HDFC Bank.
At present, HDFC Securities stands as a premier stock broking company in India, boasting a robust presence in the financial services sector. Leveraging cutting-edge technology, the company continues to innovate and expand its product offerings, providing customers with seamless access to its comprehensive suite of products and services.
- Fundamentals
- Key Financials
- Shareholding
- About Co.
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Book Value
₹ 1274.80
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EPS
₹ 597.35
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ISIN
INE700G01014
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Face Value
₹ 10
- Profit & Loss
(in Rs. Crore) | FY24 | FY23 |
---|---|---|
Total Income | 2660.7 | 1891.6 |
Total Expenses (excluding Depreciation) | 1325.4 | 792.3 |
Profit before Depreciation | 1335.3 | 1099.3 |
Depreciation and Amortisation | 63.9 | 57.4 |
Profit before Tax | 1271.4 | 1041.9 |
Provision for Tax | 320.5 | 264.7 |
Profit after Tax | 950.9 | 777.2 |
Balance brought forward | 1513.9 | 1434.6 |
Amount available for Appropriation | 2464.8 | 2211.8 |
Dividend (Interim and Final) | 812.4 | 697.9 |
Other Comprehensive Income | 0.4 | - |
Balance carried over to Balance Sheet | 1652 | 1513.9 |
(in Rs. Crore) |
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- 2024
HDFC securities Ltd was founded in April 2000, as a joint venture between HDFC Limited, Indocean eSecurities Holding Limited and HDFC Bank Limited. Subsequently, HDFC Bank acquired HDFC Limited's stake in 2006 and Indocean eSecurities’ remaining stake in 2008, making HDFC securities Ltd a subsidiary of HDFC Bank.
As a subsidiary of HDFC Bank, which holds ~95% stake, HDFC Securities benefits from synergies with HDFC Bank. It enables the company to tap into HDFC Bank's vast retail client base, extensive branch network, and cross-selling opportunities, ultimately enhancing its service offerings and driving business growth.
HDFC Securities has grown exponentially over the past two decades establishing itself as a preferred trading platform. It With over ~27.26 lakh customers, HDFC Securities offers a wide range of investment and protection products, including broking services in the capital market, mutual funds, fixed deposits, insurance bonds, derivatives, and more. The company is a corporate member of both BSE & NSE. It has ~216 branches across 159 cities and towns in India.
At present, HDFC Securities stands as a premier stock broking company in India, boasting a robust presence in the financial services sector. Leveraging cutting-edge technology, the company continues to innovate and expand its product offerings, providing customers with seamless access to its comprehensive suite of products and services.
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Dhiraj Relli
Managing Director & CEO
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Ashish Rathi
Whole-time Director & Head – Risk, Compliance, Ope
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Sandiip Bhardwaj
Chief Operating & Digital Officer
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Surajit Deb
Chief Technology Officer
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Neetika Bhatia
Chief Human Resources Officer
Source: Company Annual Reports
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