Earnings call · Jul–Sep 2026
HDB Financial Services Limited
HDB Financial Services reported Jul–Sep 2026 profit after tax growth of 34% to ₹780 crore, with disbursements (new loans actually paid out to borrowers) up 18.7% from a year earlier to ₹18,522 crore. Management expects loan book growth to accelerate in H2 (second half of the financial year, October to March) as Consumer Finance momentum continues, Enterprise Lending picks up & Asset Finance challenges ease.
The full notes: numbers & KPIs, strategy, outlook, risks, what analysts asked.
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From the company
- Vishal PatelHEAD INVESTOR RELATIONS
- Enterprise Lending
- Consumer Finance
- Shreya Shivani
- Raghav Garg
- Viral Shah
Questions came from
- RenishICICI Securities
- Abhijit TibrewalMotilal Oswal
- Shreya ShivaniNomura
- Raghav GargAmbit Capital
- Viral ShahIIFL Capital
- Shreepal DoshiEquirus
- Vinod RajamaniNirmal Bang
- Rajiv MehtaYES Securities
- NischintKotak
- Avinash SinghEmkay Global
- Prithviraj PatilInvestec
Topics in this call
Opening remarks
Enterprise Lending
which is a business consisting of Unsecured Loans, Loan against Property, and Gold Loans – Q2 disbursements for the segment grew by 25.5% YoY. Disbursements for LAP + EBL, which is our mortgage book, grew by 30% YoY, and we anticipate this upward trajectory to continue.
Our Gold Loan disbursements grew over 60% YoY. Gold loan is positioned for continued traction in the coming quarters.
Read the whole call: 172 paragraphs, 12 analysts' questions with every answer, 6 marked passages.
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