India’s TOP 500 Companies 2021

INDIA’S TOP 500 COMPANIES 2021 268 Advertorial Company Overview Housing Development Finance Corporation Ltd (HDFC) was incorporated in 1977 as the first specialised mortgage company in India. The company primarily engages in the business of providing finance to individuals, corporates and developers for the purchase, construction, development and repair of houses, apartments and commercial properties in India. HDFC is regulated by the Reserve Bank of India and supervised by the National Housing Bank. Today, HDFC is a leading provider of housing finance in India, having served 8.4 mn customers since its inception. The company is regarded as a model private housing finance company for developing countries with nascent housing finance markets. In addition to home loans, HDFC, through its various subsidiaries and associate companies, offers a host of other financial services including banking, insurance, asset management, education loan, realty, real estate and venture capital services. The company is present across the breadth and width of the country through its wide network of 593 branches - which include 203 offices of HDFC’s distribution company, HDFC Sales Private Limited (HSPL). To cater to non-resident Indians, HDFC has offices in London, Dubai and Singapore and service associates in the Middle East. HDFC has also undertaken several consultancy assignments in housing finance in various countries across Asia, Africa and East Europe. As of March 31, 2021, HDFC’s key subsidiaries and associate companies include HDFC Bank, HDFC Life, HDFC AMC, HDFC Ergo, HDFC Capital Advisors, HDFC Sales and HDFC Credila. Products & Services HDFC pioneered the concept of housing finance in India and has cumulatively financed 8.4 million housing units since its inception. The company offers the following products and services – a) Housing Loans: The company offers a wide range of housing loans catering to the varied needs of different types of customers. Its diversified portfolio of loan offerings includes loans for purchase of new apartment from a developer or development authority as well as for purchase of resale properties. HDFC also offers loans for the purchase of a plot and construction of a home on the plot. Under rural housing loans, the company provides customized finance products to agriculturists, planters, horticulturists, dairy farmers and other persons with rural income looking to build a dream house. These loans are also available to salaried and self-employed individuals wishing for a space of their own in their home-town or village. b) Other Home Loans: HDFC offers Home Renovation Loans for home enhancements such as tiling and flooring, internal and external plaster and painting etc. In addition, one can also avail loan for home extension. c) Non-Housing Loans: Loans against property are offered for personal as well as business requirements. Both residential and commercial properties can be mortgaged to avail of this loan. In addition, financial assistance is offered to professionals such as doctors, lawyers, chartered accountants and self-employed H T Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai, Maharashtra, 400020 Website: www.hdfc.com Housing Development Finance Corporation Limited Top 500 Ranking Income 22 Net Profit 4 Networth 9 Financial Snapshot (In ` mn) Total Income 587,633.4 Net Profit 177,696.5 Networth 861,580.6 Ratios NPM (%) 30.2 RONW (%) 20.6 Current Ratio (times) 1.2 (As on Mar 31, 2020) Management Details Chairman Deepak S. Parekh Vice Chairman & Chief Executive Officer Keki M. Mistry Managing Director Ms. Renu Sud Karnad Executive Director V. Srinivasa Rangan Independent Directors Nasser Munjee Dr. J. J. Irani U. K. Sinha Jalaj Dani Dr. Bhaskar Ghosh Ireena Vittal Dun & Bradstreet D-U-N-S® No 65-009-5540 Renu Sud Karnad Managing Director Dun & Bradstreet