{"id":11789,"date":"2025-07-15T17:56:24","date_gmt":"2025-07-15T12:26:24","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=11789"},"modified":"2025-07-15T18:39:37","modified_gmt":"2025-07-15T13:09:37","slug":"hdb-financial-q1-net-profit-slips-2-to-rs-568-cr","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/hdb-financial-q1-net-profit-slips-2-to-rs-568-cr\/","title":{"rendered":"HDB Financial Q1 Net Profit Slips 2% to Rs.568 Cr in First Post-Listing Report"},"content":{"rendered":"<p data-start=\"100\" data-end=\"227\"><em data-start=\"100\" data-end=\"225\">NBFC reports mixed performance in its first quarterly earnings post listing; profit margin shrinks even as topline expands.<\/em><\/p>\n<p data-start=\"307\" data-end=\"634\">HDB Financial Services Ltd on July 15 reported a 2.4% YoY drop in net profit to \u20b9568 crore for the first quarter of FY26, marking its first-ever quarterly results since listing on Indian bourses earlier this month. The non-banking financial company (NBFC) had posted a profit of \u20b9582 crore in Q1 FY25.<\/p>\n<p data-start=\"636\" data-end=\"896\">Revenue from operations, however, rose 15% year-on-year to \u20b94,465 crore, compared to \u20b93,884 crore a year ago, driven by healthy loan growth and fee income, though margin pressures and asset quality challenges seem to have moderated bottom-line gains.<\/p>\n<ul data-start=\"898\" data-end=\"1093\">\n<li data-start=\"898\" data-end=\"941\">\n<p data-start=\"900\" data-end=\"941\">Net profit: \u20b9568 crore (\u2193 2.4% YoY)<\/p>\n<\/li>\n<li data-start=\"942\" data-end=\"999\">\n<p data-start=\"944\" data-end=\"999\">Revenue from operations: \u20b94,465 crore (\u2191 15% YoY)<\/p>\n<\/li>\n<li data-start=\"1000\" data-end=\"1047\">\n<p data-start=\"1002\" data-end=\"1047\">Net profit margin: 12.72% vs 14.98% YoY<\/p>\n<\/li>\n<li data-start=\"1048\" data-end=\"1093\">\n<p data-start=\"1050\" data-end=\"1093\">Gross NPA: 2.56% | Net NPA: 1.11%<\/p>\n<\/li>\n<\/ul>\n<p>Also Read: <a href=\"https:\/\/www.niftytrader.in\/content\/idfc-first-bank-falls-6-in-5-days-as-ubs-flags-growth\/\">IDFC First Bank Falls 6% in 5 Days as UBS Flags Growth Headwinds<\/a><\/p>\n<h2 data-start=\"1095\" data-end=\"1167\">First Post-IPO Earnings Reflect Pressure on Margins, Asset Quality<\/h2>\n<p data-start=\"1169\" data-end=\"1444\">The Q1 FY26 results come close on the heels of the company\u2019s blockbuster \u20b912,500-crore IPO, which was subscribed 16.69 times and debuted at a 13% premium to issue price, propelling HDB into the top 10 NBFCs by market cap with a valuation near \u20b970,000 crore.<\/p>\n<p data-start=\"1446\" data-end=\"1687\">While the revenue surge aligns with broader NBFC sector trends amid stronger retail credit demand, the dip in profit and fall in net profit margin to 12.72% from 14.98% signals rising operational costs or provisioning pressure.<\/p>\n<p data-start=\"1689\" data-end=\"1898\">Asset quality remains relatively stable, but gross NPA at 2.56% and net NPA at 1.11% suggest room for further cleanup amid a rising rate environment and potential delinquencies in the consumer portfolio.<\/p>\n<ul data-start=\"1900\" data-end=\"2074\">\n<li data-start=\"1900\" data-end=\"1958\">\n<p data-start=\"1902\" data-end=\"1958\">IPO size: \u20b912,500 crore | Subscription: 16.69x<\/p>\n<\/li>\n<li data-start=\"1959\" data-end=\"2022\">\n<p data-start=\"1961\" data-end=\"2022\">Listing premium: 13% | Current m-cap: \u20b970,000 crore<\/p>\n<\/li>\n<li data-start=\"2023\" data-end=\"2074\">\n<p data-start=\"2025\" data-end=\"2074\">Sector rank: 8th largest NBFC by market cap<\/p>\n<\/li>\n<\/ul>\n<p><strong>Check This:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.niftytrader.in\/ipo\/hdb-financial-ipo\">HDB Financial Services IPO\u00a0<\/a><\/li>\n<\/ul>\n<h2 data-start=\"2076\" data-end=\"2134\">Trading Focus Ahead, Margin Clarity, NPA Trends Key<\/h2>\n<p data-start=\"2136\" data-end=\"2467\">Despite a stellar IPO debut, investors will now shift focus to earnings consistency and asset quality trajectory in upcoming quarters. Market participants will watch for any management commentary around margin compression, NIM outlook, and portfolio mix adjustments, especially in unsecured retail credit and SME lending.<\/p>\n<p data-start=\"2469\" data-end=\"2633\">Technically, \u20b9650\u2013\u20b9670 range could act as near-term support, while resistance may emerge near \u20b9720\u2013\u20b9740, especially after the post-listing euphoria fades.<\/p>\n<h3 data-start=\"2635\" data-end=\"2651\">Watchlist:<\/h3>\n<ul data-start=\"2652\" data-end=\"2923\">\n<li data-start=\"2652\" data-end=\"2742\">\n<p data-start=\"2654\" data-end=\"2742\">HDB Financial Services (\u20b9690\u2013\u20b9700) \u2013 Post-IPO base building with earnings triggers<\/p>\n<\/li>\n<li data-start=\"2743\" data-end=\"2832\">\n<p data-start=\"2745\" data-end=\"2832\">Bajaj Finance, Cholamandalam Finance \u2013 Peer benchmarks in retail NBFC performance<\/p>\n<\/li>\n<li data-start=\"2833\" data-end=\"2923\">\n<p data-start=\"2835\" data-end=\"2923\">Nifty Financial Services Index \u2013 Sector sentiment indicator for broader NBFC moves<\/p>\n<\/li>\n<\/ul>\n<p><strong>Know More About:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.niftytrader.in\/ipo\/upcoming\">Upcoming IPO&#8217;s<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/ipo\/ongoing\">Current IPO&#8217;s<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>NBFC reports mixed performance in its first quarterly earnings post listing; profit margin shrinks even as topline expands. HDB Financial Services Ltd on July 15 reported a 2.4% YoY drop in net profit to \u20b9568 crore for the first quarter of FY26, marking its first-ever quarterly results since listing on Indian bourses earlier this month. [&hellip;]<\/p>\n","protected":false},"author":6,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1383],"class_list":{"0":"post-11789","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1383,"user_id":6,"is_guest":0,"slug":"pradeep","display_name":"Pradeep Sangatramani","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/09\/Pradeep-Sangatramni.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/09\/Pradeep-Sangatramni.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/11789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=11789"}],"version-history":[{"count":3,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/11789\/revisions"}],"predecessor-version":[{"id":11797,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/11789\/revisions\/11797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/11792"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=11789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=11789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=11789"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=11789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}