HDB Financial Services Q2 results: Net profit jumps 34% YoY; board declares interim dividend of ₹2 per share for FY27

The revenue from operations increased 10% for the quarter ended September 30, 2026, to ₹5,005 crore as against ₹4,545 crore in the year-ago period.

For Q2 FY27, the NBFC’s net interest income (NII) stood at ₹ 2,534 crore compared to ₹2,192 crore for the quarter ended September 30, 2025, marking an increase of 15.6%.

The net interest margin (NIM) stood at 8.23% in the reporting quarter as against 7.95% YoY. In Q1 FY27, the NIM was at 8.35%.

HDB Financial Services’ gross non-performing asset (GNPA) ratio stood at 2.43% as of September 30, 2026, compared with 2.81% a year earlier and 2.34% as of June 30, 2026.

Its net total income jumped 12% to ₹3,188 crore for the quarter ended September 30, as against ₹2,851 crore year-on-year (YoY). The company’s asset under management (AUM) registered a growth of 11.6% at ₹1,24,638 crore in Q2 FY27 from ₹1,11,721 crore reported in Q2 FY26.

As of September 30, HDB’s gross loan book advanced 11.7% at ₹1,24,469 crore compared to ₹1,11,409 crore YoY.

The company’s annualised return on assets (RoA) stood at 2.42% and return on equity (RoE) at 14.4% for Q2 FY27.

Earnings per share stood at ₹9.4, while book value per share was ₹266.7. Its borrowing mix comprised 43% bank loans, 28% non-convertible debentures (NCDs), and the remainder from other instruments as of September 30, 2026.

Along with the earnings, HDB Financial Services’ board of directors has declared an interim dividend of ₹2 per equity share of face value of ₹10 each. The company has set October 23, 2026, as the record date.

The firm’s disbursements rose 18.7% year-on-year and 5.1% sequentially to ₹18,522 crore in Q2 FY27. By the end of the quarter, the NBFC’s branch count stood at 1,701, spread across 1,156 cities and towns.

HDB Financial Services share price details

On Wednesday, HDB Financial Services shares closed at ₹583.75 apiece on the National Stock Exchange, declining 4.15%. The earnings, however, came after the market hours.

From the beginning of the year, HDB Financial Services shares have fallen over 23%. Over a month’s time, the stock has slipped 12%, while it has lost 9% in the past six months.

Shares of the firm had hit a 52-week high of ₹796.70 on December 19, 2025, and a 52-week low of ₹555.30 on March 30, 2026.

According to NSE data, as of October 14, 2026, HDB Financial Services has a total market capitalisation of ₹48,497.62 crore.