Mortgage lender Housing Development Finance Corporation (HDFC) said it will raise up to Rs 5,000 crore by issuing bonds on a private placement basis. The issue size for the secured redeemable Non-Convertible Debentures (NCDs) will be Rs 2,500 crore with an option to retain oversubscription of up to Rs 2,500 crore.
For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 29953.57 Crore, up 80.44 per cent from last quarter Sales of Rs 16600.08 Crore and up 29.53 per cent from last year same quarter Sales of Rs 23124.73 Crore Company has reported net profit after tax of Rs 2457.72 Crore in latest quarter.
Housing Development Finance Corporation Ltd. key Products/Revenue Segments include Interest which contributed Rs 42647.12 Crore to Sales Value (72.60 per cent of Total Sales), Income From Sale Of Share & Securities which contributed Rs 14747.98 Crore to Sales Value (25.10 per cent of Total Sales), Dividend which contributed Rs 1080.68 Crore to Sales Value (1.83 per cent of Total Sales), Fees & Commission Income which contributed Rs 192.78 Crore to Sales Value (0.32 per cent of Total Sales) and Rental Income which contributed Rs 70.36 Crore to Sales Value (0.11 per cent of Total Sales)for the year ending 31-Mar-2020.
It quoted a price-to-earnings ratio of 12.84 and price to book value of 2.23.