About HDFC Securities Limited Unlisted Shares

(i) HDFC Securities Limited, an esteemed financial intermediary, stands as a subsidiary of HDFC Bank, a top-tier private sector bank in India. Rooted in Mumbai, this leading stock broking firm has an illustrious 20-year journey since its inception in 2000. Initially, HDFC Securities was the outcome of a joint venture encompassing HDFC Bank Limited, HDFC Limited, and Indocean eSecurities Holdings Limited.

(ii) Besides providing top-notch stock broking services, HDFC Securities has broadened its horizon as a prominent distributor of various financial products. A notable shift occurred in 2006 when HDFC Bank acquired the stake of HDFC Ltd. Subsequently, in 2008, a further 4% was bought from Indocean Securities, solidifying HDFC Securities' position as a subsidiary of HDFC Bank.

(iii) With its reputation as one of the pioneering broking houses in India, HDFC Securities Ltd operates as the stockbroking and distribution wing of the HDFC Group. Marking its corporate presence, it's an affiliated member of both BSE and NSE. The company's comprehensive online trading portal has garnered immense recognition among professional traders.

(iv) As of 31 March 2020, HDFC Securities made its mark with 262 branches spread across 161 Indian cities. To bolster its reach, the company has invested in multiple digital platforms, ensuring seamless access to its diverse products for its customers.

(v) Performance Overview:

A Glance at HDFC Securities Unlisted Shares Reflecting on the past five years:

The share price trajectory of HDFC Securities Unlisted Shares, from April 2022 to April 2023, exhibits a minor shift. Reasons being muted demand in the unlisted segment and a relatively flat financial performance in FY23 for the broking domain. The share price as of 07.08.2023 is pegged at INR 12,400 in the unlisted market, which was approximately INR 12,200 in April 2022.

(vi) A Snapshot of Current Market Valuation:

The market valuation of HDFC Securities' unlisted shares can be determined by multiplying the total number of outstanding shares with the current share price. Specifically, with 1.583 crore outstanding shares and a share price of Rs. 12,400, the company's valuation approximates to around Rs. 20,000 crore. Additionally, considering an Earnings Per Share (EPS) of 489 for FY23, the Price-to-Earnings (P/E) ratio for HDFC Securities is calculated to be 25x. This ratio is a key metric in assessing the company's market value in relation to its earnings.

6MFY25 Results of HDFC Securities Unlisted Share