HDFC Securities Limited Unlisted Stocks


HDFC securities were founded in the year 2000. It is headquartered in Mumbai with branches across major cities and towns in India. It began operations in April 2000. HDFC Securities is a leading stock broking company in India. It is a subsidiary of HDFC Bank. It is engaged in providing broking services to its clients in the capital market.

The Company is registered as a “Stock Broker” with the Securities and Exchange Board of India (“SEBI”) and as a “Corporate Agent” with the Insurance Regulatory and Development Authority (“IRDA”). As a brokerage house, its activities include different types of services including agency transactions, subscription-based services, and distribution of financial products. As a stock broking company, they have been serving a diverse customer base of retail and institutional investors.

About the Company

  • HDFC Securities began operations in April 2000. In the beginning, it was a joint venture between HDFC Limited, HDFC Bank Limited and IndOcean e-Securities Holding Limited.
  • HDFC Securities is a subsidiary of HDFC Bank- a renowned private Sector Bank and has a decade of experience in trading and rating of A1+1, hence proven pedigree in the financial services industry.
  • Along with offering stock broking services, HDFC Securities is also a distributor of financial products. In 2006, HDFC Bank bought HDFC Ltd's stake and in 2008 acquired another 4% from IndOcean e-Securities. Currently, HDFC Securities is a subsidiary of HDFC Bank.

Services Offered

  • HDFC Securities product basket includes all sub-asset classes like stocks, derivatives, mutual funds, fixed deposits, NCDs, insurance, bonds and currency derivatives.
  • The Company has emerged as a strong player in the financial services space offering a bouquet of savings and investment products along with the core broking product.
  • HDFC Securities provides a 3-in-1 Online Investment Account which is a combination of HDFC Bank Savings and Demat Accounts along with an HDFC Securities trading account.

Awards & Accolades

  • Risk Management Team of the Year by USB Forums
  • Enterprise Mobility BFSI Digital Innovation Award 2019
  • Ranked as India’s Most Attractive Brands in Retail Broking Category
  • India’s Most Ethical Company in Financial Service Award by World CSR Congress 2018
  • Retail Broker of the Outlook Money Award 2018
  • Winner of Digital Excellence in Insurance/Financial Services, Digital Industry Awards, 2018
  • Winner of the Economics Times BFSI innovation tribe award for Conversational Investing
  • Best Financial Markets Technology Implementation of the Year award by The Asian Banker
  • Runner up in the Best e-brokerage House category by Outlook Money
  • Largest e-brokerage house by BSE-Dun & Bradstreet

Financial Highlights

Total Income:

  • The Company’s total income amounted to INR 1,399.43 crore in FY20-21 as against INR 862.26 crore in the previous year.

Profit After Tax (PAT):

  • The operations have resulted in a net profit after tax of INR 703.22 crore in FY20-21 as against INR 384.15 crore in the previous year.

Earnings Per Share (EPS):

  • The EPS of the Company rose to 446.64 in FY20-21 as against 245.86 in the previous year.
  • The Company has emerged as a strong player in the financial services space offering a bouquet of savings and investment products along with the core broking product.

Rationale

  • The Company is consistent in paying Dividend for the last 5 years. In the FY 2019-20, the Company declared two interim dividends of INR 50 (500%) per equity share and INR 85 (@ 850%) per equity share.
  • In FY 2020-21, the Company declared a total dividend of INR 318 per share (inclusive of 1st dividend of INR 56 per share, 2nd dividend of INR 80 per share and 3rd dividend of INR 182 per share.
  • The Company has shown excellent growth in PAT in the last 5 years.
  • The Company provides facilities such as investing directly in US stock markets and buying fractional shares of stocks like Amazon.
  • The Company has 262 branches across 161 cities in the country as on 31 March 2020 and also has multiple digital platforms to enable its customers have easy access to its products.