HDB Financial Services Ltd.

Financial

	HDB Financial Services	Bajaj Finance	Sundaram Finance
Operational Metrics
Banking Sector
Capital to Risks Assets Ratio (CRAR)	20.18 %	22.0 %	20.5 %
Gross NPA	2.56 %	n/a	n/a
Net Interest Margin	7.7 %	9.9 %	4.8 %
Cost To Income Ratio	42.7 %	33.1 %	34.69 %
Net NPA	1.11 %	n/a	n/a
Building Materials
Cost of Borrowing	6.4 %	7.73 %	6.3 %
NBFC
AUM - NBFC	109342.0 Crs	441450.0 Crs	43987.0 Crs
Yield On Advances	14.2 %	n/a	n/a
Tier I Capital	15.71 %	21.2 %	16.8 %
Tier 2 Capital	4.47 %	n/a	n/a
Financials
5 yr Average ROE	12.8 %	17.05 %	13.32 %
5yr average Equity Multiplier	6.74	4.84	5.92
5yr Average Asset Turnover Ratio	0.17	0.15	0.11
5yr Avg Net Profit Margin	11.81 %	23.35 %	21.2 %
5yr Avg Net Profit Margin	11.81 %	23.35 %	21.2 %
5yr CAGR Net Profit	40.93 %	30.36 %	12.65 %
5yr CAGR Sales	8.24 %	21.16 %	8.89 %
5 yr CAGR PPOP	n/a	n/a	n/a
Price to Book	3.93	5.64	3.85
P/E	28.54	31.27	27.03
Shareholdings
Promoter Holding	74.19 %	54.73 %	37.22 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-1.13 %	-1.27 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.49 %	-7.07 %

Business

	HDB Financial Services	Bajaj Finance	Sundaram Finance
Product Wise Break-Up	Product Wise Break-Up Lending business 93.19 BPO Services 6.81 Fee & commission 0 Interest income 0 Lease Rental 0 Interest Income 0 Dividend 0 Fees and Commission Income 0	Product Wise Break-Up Interest Income 0 BPO Services 0 Fee & commission 9.14 Lease Rental 0 Fees and Commission Income 0 Dividend 0 Interest income 87.81 Lending business 0 Others 3.05	Product Wise Break-Up Interest Income 83.16 BPO Services 0 Fee & commission 0 Lease Rental 2.64 Fees and Commission 4.21 Dividend 0.45 Interest income 0 Lending business 0 Others 9.54
Loan Break-Up	Loan Break-Up Enterprise Lending 38.7 Asset Finance 37.8 Consumer Finance 23.5	-	-
Borrowing Break-Up - NBFC	Borrowing Break-Up - NBFC Term loan & Working Capital Demand Loans 39.7 Non-Convertible Debentures 39.2 External Commercial Borrowings 10.65 Subordinated debt 5.37 Commercial paper 3.48 Perpetual debts 1.59 Securitization 0 Others 0.01	-	-
Operating Profit Break-Up	Operating Profit Break-Up Lending business 98.14 BPO Services 1.86	-	-
Capex - Segment Wise	Capex - Segment Wise Others 100	-	-
Asset Break-Up - Segment Wise	Asset Break-Up - Segment Wise Others 100	-	-