HDFC Securities is the best online trading platform for stocks, IPOs, mutual fund in India. It is one of the leading stock broking companies in India. HDFC securities share price today Rs 13,000 – 13,250 per share and is steadily rising due to high demand among investors. The company is a subsidiary of HDFC Bank- a renowned private sector bank.
Shares of this leading brokerage firm are in huge demand due to upcoming IPO. The stock is a hidden gems with huge upside potential. For buying shares of HDFC Sec or any other companies, please call on 8108303330
Unlisted Shares Details:
Face Value: Rs 10
ISIN: INE700G01014
Sector: NBFC – Brokerage
Latest Financial performance Results Analysis Earnings of HDFC Securities in FY 2022
HDFC Securities Limited (HSL) is amongst the leading retail broking firms in India.
As on March 31, 2022, the Bank held 96.0% stake in HSL.
For the quarter ended March 31, 2022, HSL’s total income grew by 16% to ₹ 509.7 crore, as against ₹ 440.7 crore for the quarter ended March 31, 2021. Profit after tax for the quarter was at ₹ 235.6 crore, as against ₹ 244.5 crore for the quarter ended March 31, 2021.
For the year ended March 31, 2022, HSL’s total income grew by 42.2% to ₹ 1,990.3 crore. Net profit for the year was ₹ 984.3 crore, a growth of 40.0% over ₹ 703.2 crore in
the previous year.
HDFC Securities has a wide network presence of 216 branches across 147 cities and towns.
There has been a significant increase in its overall client base to over 3.8 million customers as of March end an increase of 40% over prior year.
86% of HSL’s revenues come from transaction done by customers on its digital properties.
HSL’s revenue aggregated to ₹ 510 Crores for Q4 2022 an increase of 16% over corresponding period a year ago.
Net profit after tax was at ₹ 236 Crores for the quarter, earnings per share in the quarter was ₹ 148.84 and book value per share was at ₹ 1050.
Top Management
Bharat Shah – Chairman
Dhiraj Relli – Managing Director & CEO
CV Ganesh – Chief Operating Officer & Chief Financial Officer
Ashish Rathi – Whole Time Director
Abhay Aima – Non-Independent Director
Jagdish Capoor – Non-Independent Director
Registered Office / Corporate Office
Office Floor 8, “i Think” Bldg,
Jolly Board Campus,
Kanjurmarg (East),
Mumbai – 400042
Background
The company was founded in the year 2000. It is headquartered in Mumbai with branches across major cities and towns in India. It carries the legacy of HDFC brand since almost two decades. hdfc security customer care is best. The company is an HDFC group company offering stock broking services. HDFC Bank Limited held 1.51 crore shares or 96.57% stake in HDFC Securities as on 31 March 2020.
The company offers one-stop shop for investments, multiple platforms and seamless trading through 262 Branches across 161 Cities in India. In addition to offering stock broking services, it also distributes financial products. It is One of the Most Trusted Broking Houses in India.
HDFC is ranked 2nd in terms of active (transacting) customers among all broking houses in India. During the year, HSL was awarded the “Runners-Up” position by Outlook Money Awards 2016 in the “Best Retail Broker” Category and also won three prestigious PFRDA Awards for NPS, viz., Best POP All Citizen, Best POP NPS Corporate and Best POP NPS Private Sector.
As a stock broking company, it serves a diverse customer base of retail and institutional investors. Therefore, it is considered the most trusted stock broker in the Indian Stock Market. Similarly, the firm offers a suite of products and services across various asset classes, such as equity, gold, debt and real estate.
It provides option to trade via multiple platforms, namely online, mobile, telephone or through any of branches. These platforms make trading experience extremely convenient and seamless. Be it stocks, derivatives, mutual funds, fixed deposits, NCDs, insurance, bonds, currency derivatives.
HDFC offers services in:
o Equity
o Gold
o Debt
o Real estate
o Stocks
o Derivatives
o Mutual Funds
o Fixed Deposits
o NCDs
o Insurance
o Bonds
o Currency Derivatives
HDFC Securities Limited is a stock broker in India offering 3-in-1 account (Savings Bank Account + Demat Account + Trading Account) to retail investors and distribution of third-party products like mutual funds, IPOs, and fixed deposits. The company is a majority-owned subsidiary of HDFC Bank Limited. As a brokerage, its activities comprise several classes of services including agency transactions, subscription-based services and distribution of financial products. The parent company HDFC Bank holds 96.57 percent of the company’s shares.
Outlook:
Broking industry is likely to see steady growth due to technological disruption and strong mandate to the ruling BJP led NDA government will give a boost stock market will be beneficial to the equity investors and traders. About 5% of Indian population is investing directly or indirectly through mutual funds in stock market. So this is likely to increase and boost broking industry.
HDFC is popular name in Indian stock market providing quality services involving hdfc online, hdfc brokerage, hdfc demat account, hdfc brokerage and hdfc netbanking. The company is having a good product portfolio, backed by strong management and regular dividend paying.
Recent developments:
HDFC securities launches InvestNow
Securities HDFC login has launched InvestNow, a multi asset investment platform exclusively for HDFC Bank customers where they can avail expert recommendations based on their financial needs, goals and risk appetite. Free of any charges, InvestNow account provides a complete online, real time investment journey for HDFC Bank customers which is integrated with their HDFC Bank Net Banking facility. Any resident Indian with a singly held savings account of HDFC Bank can register for InvestNow provided his/her KYC is compliant as per SEBI guidelines by just logging into their Net
Banking facility and clicking on Mutual Funds tab.
HDFC Securities trading login launches commodity derivatives trading on MCX