Company Profile For Housing Development Finance Corp Ltd

Housing Development Finance Corp Ltd (HDFC.BO) (Bombay Stock Exchange)

sector: Financials · industry: Consumer Financial Services ·

As of 3:45pm IST

2,812.85INR

Price Change

-25.40

Percent Change

-0.89%

Analyst Recommendations

Overview

Housing Development Finance Corporation Limited (HDFC) provides housing finance. HDFC's distribution network spans 267 outlets, which include 56 offices of the wholly owned distribution company, HDFC Sales Private Limited (HSPL). In addition, HDFC covers over 2,400 locations through outreach programmes. Its subsidiaries include GRUH Finance Ltd., HDFC Asset Management Co. Ltd., HDFC Developers Ltd., HDFC ERGO General Insurance Co. Ltd., HDFC Holdings Ltd., HDFC Investments Ltd., HDFC Property Ventures Ltd., HDFC Realty Ltd., HDFC Sales Pvt. Ltd., HDFC Trustee Co. Ltd., HDFC Venture Capital Ltd. and HDFC Ventures Trustee Co. Ltd.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 March 2009, Housing Development Finance Corporation's revenues increased 33% to RS117.06B. Net income decreased 15% to RS23.05B. Revenues reflect an increase in income from Housing business and higher contribution from Asset management segment. Net income was offset by an increase in interest & other charges, higher staff cost and increased provision for depreciation expense.

Company Address

Housing Development Finance Corp Ltd
Ramon House
H.T. Parekh Marg
169, Backbay Reclamation
Churchgate, Mumbai 400 020
P: +9122.66316000
F: +9122.22048834