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HDFC Securities Unlisted Shares

BUY

₹ 7,900.00

SELL

₹ 8,150.00

HDFC securities share price has been in a sideways trend because there have been recent changes in SEBI’s recent regulations that have affected various brokers income. Also, they have been paying high amounts of dividend which keeps the price in a specific range.

As on 01 Aug 2026, 01:15 AM, we are buying shares of the HDFC SECURITIES LIMITED for ₹ 7,900.00 and selling them for ₹ 8,150.00 per share.

About HDFC Securities Unlisted Shares

1. About HDFC Securities Limited
HDFC Securities Limited, a subsidiary of HDFC Bank, is a leading financial intermediary in India, specializing in stock broking and distribution services. Established in 2000 through a joint venture between HDFC Bank, HDFC Limited, and Indocean eSecurities Holdings, the company has since become one of India’s most prominent stock broking firms. In 2006, HDFC Bank acquired HDFC Ltd’s stake in HDFC Securities, and by 2008, it became a fully-owned subsidiary, further consolidating its position in the market.

Read more

2. Business Divisions and Services
HDFC Securities operates as the stock broking and distribution arm of the HDFC Group, providing a wide array of financial products and services:

  • Stock Broking Services:
    HDFC Securities offers a comprehensive range of stock broking services, including online trading for both retail and institutional clients. It is affiliated with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), allowing access to a wide variety of financial instruments, including equities, derivatives, and more.
  • Financial Products and Advisory Services:
    The company provides investment advisory services and a range of financial products such as mutual funds, initial public offerings (IPOs), and fixed-income instruments. Through its digital platforms, it makes it easy for customers to access these services from anywhere.
  • Online Trading Platform:
    HDFC Securities is renowned for its advanced online trading platform, which offers professional traders the tools needed for efficient and effective trading. This platform, designed for both beginners and experienced traders, allows clients to track market movements in real-time and execute trades instantly.
  • Research and Analysis:
    The company also offers robust research and analysis tools, providing clients with detailed insights into market trends, financial instruments, and potential investment opportunities. These services help clients make well-informed decisions in the fast-moving financial market.

3. Financial Highlights of HDFC Securities
HDFC Securities has demonstrated strong financial performance over the years. Below are some key financial highlights based on the latest available data:

  • Revenue Growth:
    In FY2024, HDFC Securities reported a total revenue of ₹2,660 crore, marking a notable increase from ₹1,874 crore in FY2023. This revenue growth is reflective of the company’s strong performance in the stock broking segment and the expanding customer base.
  • Profit After Tax (PAT):
    The company’s PAT for FY2024 stood at ₹951 crore, an increase from ₹777 crore in FY2023. This strong growth in profitability indicates effective cost management and a stable business model.
  • Margins and Profitability:
    HDFC Securities maintained impressive margins, with an Operating Profit Margin (OPM) of 72.78% in FY2024, slightly down from 73.48% in FY2023 but still indicative of strong profitability. Its EBIT margin stood at 70.38%, showing its ability to generate profits despite challenges in the market.
  • Earnings Per Share (EPS):
    The EPS for FY2024 was ₹595.49, up from ₹491.77 in FY2023. This growth in EPS indicates that the company is generating value for its shareholders and enhancing profitability.
  • Market Valuation and P/E Ratio:
    As of the latest valuation, HDFC Securities is valued at approximately ₹20,000 crore, based on its share price of ₹12,400 and 1.583 crore outstanding shares. The Price-to-Earnings (P/E) ratio stands at 25x, reflecting a stable valuation relative to the company’s earnings.

 

Disclaimer*This research has been conducted on available data. Investors are advised to perform their own research and due diligence before making any investment decisions. We are not responsible for any financial losses or inaccuracies in the data provided

Pros

  • Stock is trading at 1.14 times its book value
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 26.3%

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.23% over past five years.
  • Company has a low return on equity of 3.68% over last 3 years.

Key Details

Share Name Particulars
HDFC Securities Limited 8495.00
Shares Price Per Equity Share
Minimum Lot Size Shares Worth Rs. 15000
52 Week High ₹ 12000
52 Week LoW ₹ 9750
Depository NSDL & CDSL
PAN Number AAACH8215R
ISIN Number INE700G01014
CIN U67120MH2000PLC152193
RTA Datamatic Business Solutions
Fundamentals Value
Market Cap (in cr.) 15097
P/E Ratio 13.37
P/B Ratio 4.51
Debt to Equity 2.37
ROE (%) 34
Book Value 1883.88
EPS 635.21
Face Value 10
Total Shares 17771969

Financials

P&L Statement 2025 2024 2023
Revenue 3264 2660 1874
Cost of Material Consumed 0 0 0
Gross Margins 100 100 100
Change in Inventory 0 0 0
Employee Benefit Expenses 480 384 275
Other Expenses 433 340 222
EBITDA 2351 1936 1377
OPM 72.03 72.78 73.48
Other Income 0.7 0 17
Finance Cost 785 600 296
D&A 70 64 57
EBIT 2281 1872 1320
EBIT Margins 69.88 70.38 70.44
PBT 1496 1271 1042
PBT Margins 45.83 47.78 55.6
Tax 372 320 265
PAT 1124 951 777
NPM 34.44 35.75 41.46
EPS 635.03 595.49 491.77
Ratio FY25 FY24 FY23
Operating Margin 70% 70% 71%
Net Profit Margin 34% 36% 41%
Return on Equity 34% 47% 43%
Debt-Equity 2.37 4.70 2.92
Current Ratio 1.29 1.15 1.27
Dividend Payout 80% 86% 90%
Company HDFC SECURITIES MOTILAL OSWAL FINANCIAL SERVICES LTD ICICI SECURITIES LTD
Market Cap (₹ Crores) 16795 44307 29149
Profitability Margin (%) 34% 30% 31%
ROCE (%) 16% 19% 18%
ROE (%) 34% 25% 42%
D/E Ratio 2.37 1.33 3.89
P/E Ratio 14.88 17.70 15.00
P/B Ratio 5.02 3.90 5.38
Book Value per Share (₹) 1883.88 185.00 167
Assets 2025 2024 2023
Fixed Assets 161 62 80
CWIP 7 5.5 28
Investments 1064 1018 1227
Trade Receivables 1177 1286 407
Inventory 0 0 0
Other Assets 11622 11731.5 6526
Total Assets 14031 14103 8268
Liabilities 2025 2024 2023
Share Capital 17.7 15.97 15.8
FV 10 10 10
Reserves 3330 2013 1781
Borrowings 7944 9532 4619
Trade Payables 2396 2174 982
Other Liabilities 343.3 368.03 870.2
Total Liabilities 14031 14103 8268

Promoters or Management

Name Designation Experience Linkedin Profile
Neeraj Swaroop Chairman 35 Yrs View
Dhiraj Relli MD, CEO 23 yrs View

Annual Reports

Name Download
HDFC securities report 2024 View
HDFC securities report 2025 View

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Frequently Asked Questions

Is it legal to buy HDFC Securities unlisted shares in India?

The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.

How to buy HDFC Securities unlisted shares?

The procedure to buy HDFC Securities unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. Once the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.

Is HDFC Securities involved in selling its unlisted shares?

In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.

When will the HDFC Securities unlisted shares be credited into my demat account?

The HDFC Securities unlisted shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.

Is there any minimum lot size limit to buy HDFC Securities unlisted shares?

The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size of HDFC Securities, please visit the stock page on our website: www.delistedstocks.in

How is the market price of HDFC Securities unlisted shares determined?

There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.

What is the minimum lock-in period for HDFC Securities unlisted shares?

Before IPO, there is no restriction on sale and transfer of your HDFC Securities unlisted shares. But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period of 6 months after listing on the stock exchange.

How to sell HDFC Securities unlisted shares?

Once the selling price and quantity of shares is agreed with us, we will provide you with a UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds are released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.

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