Hdb Financial Services Limited

Nbfc · Financial Services

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Methodology v1.0 Download Report (PDF)

Latest Rating

AAA (CARE)

Total Debt Outstanding

₹32,612 Cr

Across 66 instruments

Listed Bonds

First Issue

2016-07-22

Latest Issue

2026-06-11

Maturity Range

2026 - 2035

Observation

66 active bonds tracked from this issuer.

View details →

Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies

01 Issuer Overview

Sector

Financial Services

Issuer Type

Nbfc

First Tracked Bond

2016-07-22

Start of this issuer's debt program timeline

66 active bonds tracked from this issuer.
42 of 65 tracked bonds with a stated security status are secured. (based on 65 bonds with a disclosed security status)
Most recent rating action: initial by CRISIL on 2026-07-22.

Hdb Financial Services Limited is an NBFC in the financial services sector. Coupon rates on outstanding bonds range from 6.35% - 9.70%, paid annual. Bonds mature between 2026 - 2035.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

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02 Debt Profile

Outstanding Bonds

Tracked by RetailBonds

Amount Tracked

₹32,612 Cr

Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 47 of 66 bonds)

Avg Coupon

8.01%

Range 6.35% - 9.70%

Avg Remaining Tenure

2.7 Yrs

Nearest maturity 2026-09

Secured

64%

42 of 65 bonds with known status

Callable

Of 66 bonds

Avg Spread vs G-Sec

+216 bps

Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (19 bonds).

Security Type / Instrument Mix

NCD 66 bonds · 100% · ₹32,612 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)

Based on 47 of 66 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

Financial Snapshot

Q1 FY26

Debt / Equity

0.05

Debt Service Coverage (DSCR)

0.00

Interest Service Coverage (ISCR)

0.00

Revenue from Operations

₹4,937.90 Cr

Net Profit / Loss

₹785.19 Cr

Profit Before Tax

₹1,055.09 Cr

As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 15 Jul 2026. Figures are reported facts, not a rating or recommendation.

03 Credit Profile

AAA 48 bonds · 73%
Unrated 18 bonds · 27%

Agency	Rating	Outlook	Bonds
CRISIL	AAA	—	47
CARE	AAA	—	46

Rating History (Trend)

Jun 26 — Jul 26 CRISIL

Recent Rating Actions

2026-07-22 · CRISIL

AAA

Initial

2026-07-20 · CRISIL

AAA

Other

2026-07-10 · CRISIL

AAA

Reaffirmed

2026-07-09 · CRISIL

AAA

Initial

2026-06-25 · CRISIL

AAA

Other

04 Outstanding Bonds View all bonds →

ISIN	Bond Name	Coupon	Rating	Maturity	YTM	Last Trade
INE756I07DX5	HDB-6.35%-11-09-26-PVT	6.35%	AAA (CRISIL)	2026-09-11	6.90%	2026-07-15
IN8756I07034	6.35% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES 2021 A/1(FX)/169 OPTION 3. DATE OF MATURITY 11/09/2026	6.35%	—	2026-09-11	—	—
INE756I08116	HDBFS-8.05%-4-12-26-PVT	8.05%	AAA (CRISIL)	2026-12-04	—	—
INE756I07EU9	HFSL-7.9880%-8-12-26-PVT	7.99%	AAA (CRISIL)	2026-12-08	—	—
IN8756I07182	7.988% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES 2023 A/1(FX)/198 LETTER OF ALLOTMENT DATE OF MATURITY 08/12/2026.	7.99%	—	2026-12-08	—	—
INE756I07EX3	HDBFSL-8.24%-6-4-27-PVT	8.24%	AAA (CRISIL)	2027-04-06	7.52%	2026-08-25
IN8756I07307	8.2378% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 2023 A/1(FX)/207 DATE OF MATURITY 06/04/2027	8.24%	—	2027-04-06	—	—
INE756I07EY1	8.3324% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 2023 A/1(FX)/208 DATE OF MATURITY 10/05/2027	8.33%	AAA (CRISIL)	2027-05-10	7.62%	2026-07-22
IN8756I07240	8.3324% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 2023 A/1(FX)/208 DATE OF MATURITY 10/05/2027	8.33%	—	2027-05-10	—	—
INE756I07EZ8	HDB-8.34%-5-7-27-PVT	8.34%	AAA (CRISIL)	2027-07-05	7.61%	2026-07-01
INE756I07FA8	8.3333% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES 213 DATE OF MATURITY 06/08/2027.	8.33%	AAA (CRISIL)	2027-08-06	—	—
IN8756I07281	8.3333% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES 213 DATE OF MATURITY 06/08/2027.	8.33%	—	2027-08-06	—	—
INE756I07EJ2	7.65% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES 2022 A/1(FX)/183. DATE OF MATURITY 10/09/2027.	7.65%	AAA (CRISIL)	2027-09-10	7.60%	2026-08-21
IN8756I07265	7.65% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES 2022 A/1(FX)/183. DATE OF MATURITY 10/09/2027.	7.65%	—	2027-09-10	—	—
INE756I07FB6	HDBFSL-7.9611%-5-1-28-PVT	7.96%	AAA (CRISIL)	2028-01-05	7.75%	2026-07-31
IN8756I07273	7.9611% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES 218 DATE OF MATURITY 05/01/2028	7.96%	—	2028-01-05	—	—
INE756I08124	HDB-8.42%-1-2-28-PVT	8.42%	AAA (CRISIL)	2028-02-01	—	—
INE756I08132	HDB-8.45%-21-2-28-PVT	8.45%	AAA (CRISIL)	2028-02-21	—	—
INE756I07EQ7	SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES LETTER OF ALLOTMENT SERIES 2023 A/0(ZC)/191 OPTION 2 DATE OF MATURITY 17/03/2028	—	AAA (CRISIL)	2028-03-17	—	—
INE756I07FC4	HDBFSL-7.65%-05-05-28-PVT	7.65%	AAA (CRISIL)	2028-05-05	7.77%	2026-06-25
IN8756I07315	7.65% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 2025 A/1(FX)/225 DATE OF MATURITY 05/05/2028	7.65%	—	2028-05-05	—	—
INE756I07FN1	7.58% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 243 DATE OF MATURITY 29/05/2028	7.58%	AAA (CRISIL)	2028-05-29	7.90%	2026-07-23
INE756I07FG5	HDBFSL-7.41%-05-06-28-PVT	7.41%	AAA (CRISIL)	2028-06-05	7.68%	2026-07-01
INE756I08140	HFSL-9.05%-27-7-28-PVT	9.05%	AAA (CRISIL)	2028-07-27	—	—
INE756I07FJ9	HDBFSL-7.3274%-4-8-28-PVT	7.33%	AAA (CRISIL)	2028-08-04	7.95%	2026-07-20
IN8756I07323	7.3274% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 2025 A/1 (FX)/234 DATE OF MATURITY 04/08/2028	7.33%	—	2028-08-04	—	—
INE756I07FH3	HDBFSL-7.18%-22-09-28-PVT	7.18%	AAA (CRISIL)	2028-09-22	—	—
IN8756I07331	7.18% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 231 DATE OF MATURITY 22/09/2028	7.18%	—	2028-09-22	—	—
INE756I07FI1	HDBFSL-ZC-04-10-28-PVT	—	AAA (CRISIL)	2028-10-04	—	—
IN8756I07356	SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 2025 A/0(ZC)/233 DATE OF MATUIRTY 04/10/2028	—	—	2028-10-04	—	—
INE756I08173	HFSL-9.7%-15-11-28-PVT	9.70%	AAA (CRISIL)	2028-11-15	8.17%	2026-08-13
INE756I07EW5	HDB-8.1293%-16-11-28-PVT	8.13%	AAA (CRISIL)	2028-11-16	7.71%	2026-07-01
IN8756I07224	8.1293% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES 203 DATE OF MATURITY 16/11/2028.	8.13%	—	2028-11-16	—	—
INE756I07FE0	HFSL-7.55%-4-4-29-PVT	7.55%	AAA (CRISIL)	2029-04-04	7.90%	2026-07-23
IN8756I07364	7.5519% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 226 TRANCHE 2 DATE OF MATURITY 04/04/2029	7.55%	—	2029-04-04	—	—
INE756I07FM3	7.7545% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 242 DATE OF MATURITY 04/05/2029	7.75%	AAA (CRISIL)	2029-05-04	7.86%	2026-07-13
IN8756I07372	7.7545% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 242 DATE OF MATURITY 04/05/2029	7.75%	—	2029-05-04	—	—
INE756I07FO9	RESET RATE SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 244 DATE OF MATURITY 18/05/2029	—	AAA (CRISIL)	2029-05-18	7.32%	2026-08-21
INE756I08181	HFSL-8.85%-7-6-29-PVT	8.85%	AAA (CRISIL)	2029-06-07	—	—
INE756I07FQ4	8.2301% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 2026 A/1(FX)/246 DATE OF MATURITY 05/07/2029	8.23%	AAA (CRISIL)	2029-07-05	8.02%	2026-08-26
INE756I07CT5	HFSL-8.05%-8-8-29-PVT	8.05%	AAA (CRISIL)	2029-08-08	—	—
INE756I07EV7	8.05% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 2019 A/1(FX)/PP/139. DATE OF MATURITY 08/08/2029.	8.05%	AAA (CRISIL)	2029-08-08	—	—
INE756I07DI6	8.05% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE PARTLY PAID DEBENTURES SERIES 2019 A/1(FX)/PP/139. DATE OF MATURITY 08/08/2029	8.05%	AAA (CRISIL)	2029-08-08	—	—
INE756I07FD2	HFSL-7.61%-6-5-30-PVT	7.61%	AAA (CRISIL)	2030-05-06	—	—
INE756I07FF7	HDBFSL-7.41%-04-06-30-PVT	7.41%	AAA (CRISIL)	2030-06-04	—	—
INE756I07FK7	HDBFSL-7.33%-04-10-30-PVT	7.33%	AAA (CRISIL)	2030-10-04	—	—
IN8756I07349	7.3268% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES 237 DATE OF MATURITY 04/10/2030	7.33%	—	2030-10-04	—	—
INE756I08215	HDBFSL-7.35%-1-11-30-PVT	7.35%	AAA (CRISIL)	2030-11-01	—	—
INE756I07FL5	HFSL-7.60%-4-3-31-PVT	7.60%	AAA (CRISIL)	2031-03-04	8.00%	2026-08-12
INE756I07FP6	8.2845% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 245 DATE OF MATURITY 04/06/2031	8.28%	AAA (CRISIL)	2031-06-04	7.80%	2026-06-30

Compare (/) Compare Bonds

YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

Traded Value (Last 30 Days)

₹0.0 Cr

Number of Trades (Last 30 Days)

Avg. Yield (Last 30 Days)

7.96%

06 Regulatory Filings

BSE Corporate Announcements

Allotment of 1,21,016 equity shares under ESOP on August 24, 2026. 2026-08-24

Schedule of Analyst/Investor Meet 2026-08-20

Intimation of Analyst/Investor meet 2026-08-14

Pursuant to Regulation 55 of SEBI LODR , Intimation regarding credit rating 2026-08-07

Allotment of Secured Redeemable NCDs on private placement basis 2026-08-06

Pursuant to Regulation 55 of SEBI LODR, Intimation regarding credit rating 2026-08-06

Pursuant to Regulation 57(1) of SEBI LODR, Intimation regarding payment of Interest 2026-08-06

Intimation of schedule of Analyst / Institutional Investor meetings 2026-08-04

Pursuant to Regulation 50(1) of SEBI LODR, Prior Intimation about board meeting to raise funds 2026-08-03

Allotment of 2,67,243 equity shares under ESOP 2026-07-28

NSE Corporate Announcements

Allotment of Securities 2026-07-23

Analysts/Institutional Investor Meet/Con. Call Updates 2026-07-20

Allotment of Securities 2026-07-17

Analysts/Institutional Investor Meet/Con. Call Updates 2026-07-15

Investor Presentation 2026-07-15

Monitoring Agency Report 2026-07-15

Outcome of Board Meeting 2026-07-15

Press Release 2026-07-15

Cessation 2026-07-14

Allotment of Securities 2026-07-09

Credit Rating Rationale

CRISIL Rating Rationale 2026-07-22

07 Methodology & Data Coverage

Dataset	Count	Freshness
Credit Ratings (current)	93	2026-08-06
Rating Actions History	5	2026-07-22
Secondary-Market Trades	82	2026-08-26
Reg52(4) Payment Disclosures	0	—

Methodology version 1.0. See full methodology for sources and limitations.

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Frequently Asked Questions

How many active bonds does Hdb Financial Services Limited have?

Hdb Financial Services Limited currently has 66 active bonds with coupons 6.35% - 9.70%, maturities spanning 2026 - 2035.

What is Hdb Financial Services Limited's credit rating?

The most recent rating on Hdb Financial Services Limited's bonds is AAA (CARE), published by CARE, CRISIL.

Are Hdb Financial Services Limited's bonds secured?

Of the 65 bonds with a disclosed security status, 42 are secured (64%) and 23 are unsecured.

When do Hdb Financial Services Limited's bonds mature?

Hdb Financial Services Limited's active bonds mature between 2026 - 2035; the nearest matures in 2026-09; the average tenure is 2.7 Yrs.

What is the average coupon on Hdb Financial Services Limited's bonds?

The average coupon across Hdb Financial Services Limited's 66 active bonds is 8.01%.

Disclaimer: This page aggregates publicly available data about Hdb Financial Services Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.