Housing Development Finance Corporation Limited

Equities

500010

INE001A01036

HDFC: Quarter ended September 2022

November 11, 2022 at 05:22 am EST

Investor Presentation

Housing Development Finance Corporation

CONTENTS

Who we Are
Material Developments
HDFC Snapshot
Mortgage Market in India
Operational and Financial Highlights: Mortgages
Shareholding
Financials: Standalone
Key Subsidiaries and Associates
Financials: Consolidated
Environmental, Social & Governance & Other Initiatives

WHO WE ARE…

Market capitalisation*:

US$ 55 bn

Incorporated in 1977 as the first specialised mortgage company in India
A financial conglomerate with interests beyond mortgages
68% shares held by foreign investors

20.9%	48. 7%	52.6%	49.9%
Market capitalisation*:		Market capitalisation*:		Market capitalisation*:	Ranks amongst the top
US$ 103 bn		US$ 14 bn		US$ 5 bn
			3 private players in
ADRs listed on NYSE		Ranks amongst the top		Ranks amongst the top
			general insurance
	3 life insurers		3 AMCs with total AUM


				of US$ 53 bn

100%	100%			88.2%

	Financial services distribution		India's first dedicated		Property funds: of which
	company		education loan company with		US$ 3 bn is committed for
	Sources half of		outstanding loan book of		development of affordable
*As at October 31, 2022		US$ 1.5 bn		housing
HDFC's home loans
US$ amounts converted based on exchange rate of US$ 1 = Rs. 81.34

MATERIAL DEVELOPMENTS

Proposed Transformational Combination of HDFC with HDFC Bank

On April 4, 2022, the Board of Directors of HDFC and HDFC Bank at their respective meetings, approved a composite Scheme of Amalgamation (Scheme) for:
- The amalgamation of HDFC's wholly owned subsidiaries, HDFC Investments Limited and HDFC Holdings Limited, with and into HDFC; and
- HDFC with and into HDFC Bank
Subsidiaries/associates of HDFC Limited will become subsidiaries/associates of HDFC Bank
Shareholders of HDFC as on the record date will receive 42 shares of HDFC Bank (FV Re. 1 each) for 25 shares of HDFC (FV Rs. 2 each)
HDFC's shareholding in HDFC Bank will be extinguished upon the Scheme becoming effective
Post the above, HDFC Bank will be 100% owned by public shareholders and existing shareholders of HDFC will own 41% of HDFC Bank
Till date, the stock exchanges (NSE & BSE), Pension Fund Regulatory and Development Authority, SEBI and RBI have accorded "no objection" for the above scheme
On October 14, 2022, the National Company Law Tribunal (NCLT) passed an order for the Corporation to convene a meeting of the shareholders on November 25, 2022
- This is to seek the approval of shareholders to the Scheme of Amalgamation
The merger proposal is subject to various statutory and regulatory approvals

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Disclaimer

HDFC - Housing Development Finance Corporation Limited published this content on 11 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2022 10:21:02 UTC.

Latest news about Housing Development Finance Corporation Limited

Kopvoorn B.V., Moss Investments Limited, Defati Investments Holding B.V., and Infinity Partners completed the acquisition of a majority stake in HDFC Credila Financial Services Limited from Housing Development Finance Corporation Limited for approximately INR 95.5 billion.	Mar. 18	CI
Indian Equities End Lower on Friday as Central Bank Tightens Norms on Consumer Loans	Nov. 17	MT
India's LTIMindtree misses Q1 profit view as clients cut spending	23-07-17	RE
India's HDFC Bank posts 30% jump in Q1 standalone net profit	23-07-17	RE
Weak demand for State Bank of India perpetual bonds as investors seek higher returns	23-07-13	RE
Housing Development Finance Corporation Limited(NSEI:HDFC) dropped from FTSE All-World Index	23-07-13	CI
Housing Development Finance Corporation Limited(BSE:500010) dropped from S&P Global BMI Index	23-07-13	CI
Housing Development Finance Corporation Limited(NSEI:HDFC) dropped from Nifty 50	23-07-12	CI
India's HDFC Bank to be added to MSCI Global indexes from July 13	23-07-07	RE
Indian Equities Close Flat Midweek, Weighed Down by Profit Booking	23-07-05	MT
INDIA STOCKS-Indian shares muted on weak global cues; financials slip	23-07-05	RE
HDFC Bank says merged loan book with HDFC at $273.8 bln as of June end	23-07-04	RE
LTIMindtree to replace HDFC in India's Nifty 50 index on July 13	23-07-04	RE
India's IDFC First Bank slips, IDFC hits record high after merger approval	23-07-04	RE
IDFC First Bank to merge with IDFC	23-07-03	RE
India's HDFC Bank at record high post HDFC-merger, among world's top 10 banks by value	23-07-03	RE
INDIA STOCKS-India's Nifty 50, Sensex rally continues on financials push	23-07-03	RE
Indian shares set to open higher on positive global cues	23-07-02	RE
HDFC to merge into HDFC Bank on July 1, create India’s financial behemoth	23-06-30	RE
Housing Development Finance Acquires 5.5% Stake in Xanadu Realty	23-06-29	MT
HDFC Bank Limited completed the scheme of amalgamation to acquire Housing Development Finance Corporation Limited, in a merger of equals transaction.	23-06-29	CI
Housing Development Finance Corporation Limited acquired 5.46% stake in Xanadu Realty Private Limited for INR 250 million.	23-06-28	CI
INDIA STOCKS-Indian shares hit record highs; Nifty closes a notch below 19,000	23-06-28	RE
Indian insurers await classification of HDFC bonds post-merger; assess impact on holdings	23-06-28	RE
Housing Development Finance Chairman to Retire After Merger with HDFC Bank	23-06-28	MT

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Company Profile

Housing Development Finance Corporation (HDFC) specializes in real estate loan. Net sales (including intragroup) break down by activity as follows: - real estate loan (45.7%): INR 66.2 billion of granted loans in 2018/19; - life insurance (39%); - non life insurance (12.3%); - asset management (2.3%); - other (0.7%).

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