5444292026-04-012026-06-305444292026-06-305444292026-04-012026-06-30in-capmkt:OtherRevenueFromOperations1Member5444292026-04-012026-06-30in-capmkt:OtherExpenses1Member5444292026-04-012026-06-30in-capmkt:ReportableSegments1Member5444292026-04-012026-06-30in-capmkt:ReportableSegments2Member5444292026-04-012026-06-30in-capmkt:ReportableSegments1Member5444292026-04-012026-06-30in-capmkt:ReportableSegments2Member5444292026-04-012026-06-30in-capmkt:ReportableSegments1Member5444292026-06-30in-capmkt:ReportableSegments1Member5444292026-04-012026-06-30in-capmkt:ReportableSegments2Member5444292026-06-30in-capmkt:ReportableSegments2Member5444292026-04-012026-06-30in-capmkt:ReportableSegments1Member5444292026-06-30in-capmkt:ReportableSegments1Member5444292026-04-012026-06-30in-capmkt:ReportableSegments2Member5444292026-06-30in-capmkt:ReportableSegments2Member5444292026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15444292026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss15444292026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss25444292026-04-012026-06-30AuditorDomain15444292026-04-012026-06-30AuditorDomain25444292026-06-30Statement15444292026-04-012026-06-30Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares544429HDBFSNOTLISTEDINE756I01012HDB Financial Services LimitedMain BoardEquity2026-04-012027-03-312026-07-152026-06-24INRMillionsQuarterlyFirst quarterMulti segment2026-07-1511:10:002026-07-1516:00:00Declaration of unmodified opiniontrue1falseThe Company has not defaulted on any loans and debt securities during quarter ended June 30, 20262026-04-012026-06-30UnauditedStandalone42620500000000116600000-4000000312900000035133000004937900000004937900000000010354200000175326000005480000000006971000000342230000038828100000105509000000105509000003155600000-456560000269904000078518600000000785186000013270000079845600008303770000109.469.43009.469.430.0502001.HDB Financial Services Limited ('the Company') is a Non-Banking Financial Company registered with the Reserve Bank of India. The Company has been classified as upper layer (NBFC - UL) based on RBI direction RBI/DOR/2025-26/339 DOR.FIN.REC.No.258/03.10.119/2025-26 - Reserve Bank of India (Non-Banking Financial Companies – Registration, Exemptions and Framework for Scale Based Regulation) Directions, 2025, dated November 28, 2025 (amended from time to time). <br /> <br /> 2.The unaudited financial results have been prepared in accordance with recognition and measurement principles laid down in the Indian Accounting Standards ('Ind AS') 34 Interim Financial Reporting as prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time, other recognised accounting practices generally accepted in India, the circulars guidelines and directions issued by Reserve Bank of India from time to time and other relevant provisions of the Act and in compliance with Regulations 33 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time. <br /> <br /> 3.The above results for the quarter ended June 30, 2026, have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 15, 2026 and have been reviewed by the Joint Statutory Auditors. <br /> <br /> 4.The figures for the preceding quarter ended March 31, 2026 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end of third quarter of the respective financial year, which were subject to Limited Review. <br /> <br /> 5.The Secured listed non-convertible debt securities of the Company are secured by first pari passu mortgage on immovable property situated at Heera Panna Commercial Complex, 3rd Floor, Dr. Yagnik Road, Rajkot and/or first and exclusive charge on receivables of the Company by way of hypothecation to the extent of minimum 1.0 times of the outstanding principal and interest thereon. <br /> <br /> 6.As on June 30, 2026 the security cover available in respect of secured non convertible debt securities is 1.04 and the asset cover available in respect of unsecured non convertible debt securities is 3.04. <br /> <br /> 7.During the previous year ended March 31, 2026, the Company has raised equity capital through Initial Public Offer (IPO), of 16,89,18,917 equity shares of Rs. 10 each, comprising a fresh issue of 3,37,83,782 equity shares and 13,51,35,135 equity shares offered for sale by the selling shareholders. The equity shares were issued at a price of Rs 740 per equity share (including a Share Premium of Rs. 730 per equity share). Pursuant to the aforesaid allotment of equity shares, the issued, subscribed and paid- up capital of the Company stands increased to Rs 8,304 million (83,03,76,676 Equity shares of Rs 10 each) and securities premium stands increased to Rs.58,477 million (net of offer expenses Rs.434 million) as at June 30, 2026. The Company's equity shares were listed on National Stock Exchange of India Limited and on BSE Limited on July 02, 2025. <br /> <br /> 8.Details of loans transferred / acquired during the quarter ended June 30, 2026 under the Reserve Bank of India (Non-Banking Financial Companies - Transfer and Distribution of Credit Risk) Directions, 2025 and Reserve Bank of India (Non-Banking Financial Companies – Financial Statements: Presentation and Disclosures) Directions, 2025 dated November 28, 2025 (as amended from time to time) are given below: <br /> <br /> i.The Company has not transferred Non-Performing Assets. <br /> ii.The Company has not transferred any loan not in default. <br /> iii.The Company has not acquired/ transferred any special mention account. <br /> iv.The Company has not acquired any stressed loan and loan not in default. <br /> <br /> 9.The Company does not have investment in any subsidiaries, associates, joint ventures or controlled structure entity during the quarter and thus requirement of the consolidated financial results for the quarter ended June 30, 2026 is not applicable. <br /> <br /> 10.The Company during the quarter ended June 30, 2026 has allotted equity shares of 49,460, face value of Rs.10 fully paid up, (for the quarter and year ended March 31, 2026 has allotted equity shares of 2,89,036 and 7,67,089 respectively) on exercise of options by eligible grantees, in accordance with the Employee Stock Option Schemes. <br /> <br /> 11.Read with RBI Direction - RBI/DOR/2025-26/347 DOR.CRE.REC.No.266/07-01-008/2025-26 - Reserve Bank of India (Non-Banking Financial Companies-Credit Facilities) Directions, 2025 dated November 28, 2025 (as amended from time to time), the Company has not lent any funds during the quarter ended June 30, 2026 for project finance activities nor has any recoverable balance as at the same date. <br /> <br /> 12. Figures for the previous period/year have been regrouped wherever necessary, in order to make them comparable with current period / year.Not ApplicableNot ApplicableOther financial charges3513300000Other Expenses3422300000Lending business46250000000BPO Services31290000004937900000049379000000Lending business10450890000BPO Services2599100001071080000015990000010550900000Lending business1261471510000BPO Services2329020000126380053000099903000001273790830000Lending business1054627120000BPO Services2734740000105736186000032620900001060623950000Remeasurement loss on defined benefit plan-71100000-71100000-17900000Change in fair value of debt instruments measured at fair value through other comprehensive income687800000Movement in cash flow hedge reserve-43940000024840000062500000132700000UnauditedtrueM/s.Kalyaniwalla & Mistry LLPtrue2027-07-31M/s.G D Apte & Co.true2026-11-30Public Issues2025-06-30250000000002026-06-30trueCARE Ratings LimitedfalseDipti Jayesh KhandelwalCompany Secretary and Compliance OfficerMumbai2026-07-15