HDB
Valuation Ratios
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Price to Earnings | 0.24 | 0.21 | 0.25 | 0.29 |
| Price to Sales | 0.07 | 0.07 | 0.10 | 0.11 |
| Book Value Per Common Share | 501.61 | 457.25 | 260.96 | 225.84 |
| Price to Book | 0.07 | 0.06 | 0.13 | 0.14 |
| Price to Operating Cash Flow | 0.14 | 0.13 | 0.26 | 0.19 |
| Price to Free Cash Flow | 0.15 | 0.14 | 0.29 | 0.20 |
| Enterprise Value to EBITDA |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Price to Earnings | 1.20 | 0.90 | 0.92 | 0.99 | |
| Price to Sales | 0.23 | 0.18 | 0.25 | 2.44 | 0.23 |
| Book Value Per Common Share | 353.84 | 501.61 | 328.30 | 475.99 | 625.43 |
| Price to Book | 0.11 | 0.07 | 0.10 | 0.07 | 0.05 |
| Price to Operating Cash Flow | |||||
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Earning YoY | 4.68 | -0.40 | 27.61 | |
| Revenue YoY | 19.36 | 64.84 | 18.24 | |
| EBITDA YoY | ||||
| Net Profit YoY | 8.17 | 25.68 | 28.35 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Earning YoY | -13.77 | 6.53 | |||
| Revenue YoY | -10.45 | 46.00 | 233.82 | -73.00 | |
| EBITDA YoY | |||||
| Net Profit YoY | 5.62 | -12.82 | 1.59 | 5.50 |
Financial Strength
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Cash Per Common Share | ||||
| Quick Ratio | ||||
| Current Ratio | ||||
| Debt to Equity | 4.59 | 4.59 | 7.83 | 7.41 |
| Long-Term Debt to Equity |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | |||||
| Quick Ratio | |||||
| Current Ratio | |||||
| Debt to Equity | 6.91 | 4.59 | 7.16 | 4.57 | 7.17 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| ROA | 1.40 | 1.41 | 1.92 | 1.83 |
| ROE | 7.81 | 7.90 | 16.98 | 15.38 |
| Gross Margin | ||||
| Operating Margin | ||||
| EBITDA Margin | ||||
| Net Profit Margin | 28.40 | 31.34 | 41.10 | 37.86 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| ROA | 0.36 | 0.32 | 0.42 | 0.38 | 0.41 |
| ROE | 2.89 | 1.79 | 3.41 | 2.12 | 3.36 |
| Gross Margin | |||||
| Operating Margin | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 19.05 | 16.15 | 27.05 | 88.88 | 22.75 |
Dividends
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 23.47 | 13.91 | 17.44 | 9.39 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Assets | 48,187,671,100.00 | 44,118,573,000.00 | 25,755,624,000.00 | 21,113,705,500.00 |
| Cash and Short-Term Investments | 0 | 0 | 0 | 0 |
| Cash and Cash Equivalents | 3,222,323,100.00 | 3,425,973,300.00 | 2,363,920,200.00 | 1,599,220,700.00 |
| Short-Term Investments | 5,973,926,300.00 | 6,503,339,500.00 | 2,807,890,400.00 | 2,740,349,300.00 |
| Net Receivables | 454,645,400.00 | 379,127,800.00 | 278,751,200.00 | 188,526,100.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 314,735,300.00 | 268,332,900.00 | 177,559,000.00 | 137,398,600.00 |
| Goodwill | 1,629,510,300.00 | 1,629,510,300.00 | 74,937,900.00 | 74,937,900.00 |
| Intangible Assets | 1,370,880,000.00 | 1,396,117,200.00 | 0 | 0 |
| Long-Term Investments | 6,981,246,400.00 | 7,282,178,300.00 | 2,965,824,900.00 | 2,793,548,800.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 |
| Liabilities | 39,564,780,100.00 | 36,232,390,200.00 | 22,837,786,100.00 | 18,604,252,100.00 |
| Payables and Expenses | 815,324,800.00 | 753,691,700.00 | 482,975,500.00 | 424,181,600.00 |
| Account Payables | 576,840,500.00 | 531,484,800.00 | 319,383,600.00 | 234,722,000.00 |
| Current Accrued Liabilities | 101,945,200.00 | 82,752,600.00 | 45,684,400.00 | 58,522,200.00 |
| Short-Term Debt | 1,306,013,100.00 | 1,313,737,100.00 | 1,089,897,500.00 | 554,167,600.00 |
| Other Current Liabilities | 0 | 0 | 0 | 0 |
| Long-Term Debt | 6,020,093,000.00 | 6,779,815,000.00 | 2,061,895,300.00 | 1,632,471,400.00 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 |
| Equity | 8,622,891,000.00 | 7,886,182,800.00 | 2,917,837,900.00 | 2,509,453,400.00 |
| Shareholders Equity | 7,676,891,400.00 | 6,947,327,400.00 | 2,912,200,700.00 | 2,504,838,400.00 |
| Capital Stock | 7,652,200.00 | 7,596,900.00 | 5,579,700.00 | 5,545,500.00 |
| Share Premium | 4,436,065,700.00 | 4,344,576,800.00 | 883,371,900.00 | 834,615,200.00 |
| Retained Earnings | 2,099,097,200.00 | 1,746,416,900.00 | 1,447,784,100.00 | 1,153,191,100.00 |
| Treasury Shares | 16,864,000.00 | 16,866,000.00 | 0 | 0 |
| Accumulated Other Comprehensive Income | 1,150,940,300.00 | 865,602,800.00 | 575,465,000.00 | 511,486,600.00 |
| Minority Interest | 945,999,600.00 | 938,855,400.00 | 5,637,200.00 | 4,615,000.00 |
| Debt | 7,326,106,100.00 | 8,093,552,100.00 | 3,151,792,800.00 | 2,186,639,000.00 |
| Net Debt | 3,949,853,200.00 | 4,536,535,800.00 | 690,213,700.00 | 509,280,300.00 |
| Common Shares Outstanding | 15,304,409.21 | 15,193,797.25 | 11,159,485.57 | 11,091,081.95 |
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Revenues | 2,371,508,200.00 | 1,986,934,300.00 | 1,205,375,000.00 | 1,019,413,700.00 |
| Interest Income | 3,227,962,600.00 | 2,781,926,200.00 | 1,689,526,700.00 | 1,333,137,000.00 |
| Interest Expense | 1,823,477,000.00 | 1,533,922,800.00 | 775,538,200.00 | 584,297,500.00 |
| Non-Interest Expense | 0 | 1,096,063,900.00 | 0 | 0 |
| Selling, General and Administrative Expenses | 1,124,876,500.00 | 951,762,600.00 | 400,219,800.00 | 320,219,100.00 |
| Net Non-Operating Income | -62,950,500.00 | -79,169,800.00 | 0 | 0 |
| EBT | 861,546,200.00 | 705,459,000.00 | 662,381,800.00 | 519,162,200.00 |
| Income Tax | 175,014,900.00 | 77,827,100.00 | 166,117,400.00 | 132,559,200.00 |
| Net Income Including Non-Controlling Interests | 686,531,300.00 | 627,631,900.00 | 496,264,400.00 | 386,603,000.00 |
| Net Income Non-Controlling Interests | -13,023,000.00 | -4,975,300.00 | -817,500.00 | -602,600.00 |
| Net Income | 673,508,300.00 | 622,656,600.00 | 495,446,900.00 | 386,000,400.00 |
| Deprecation and Amortization | 63,021,300.00 | 52,348,300.00 | 23,489,700.00 | 16,816,900.00 |
| EPS | 0.14 | 0.13 | 0.13 | 0.10 |
| Diluted EPS | 0.14 | 0.13 | 0.13 | 0.10 |
| Average Shares Outstanding Basic | 5,085,102.18 | 4,719,530.70 | 3,710,413.71 | 3,688,742.53 |
| Average Shares Outstanding Diluted | 5,108,218.78 | 4,738,301.62 | 3,724,782.22 | 3,708,986.55 |
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Operating Cash Flow | 1,195,617,400.00 | 1,022,322,400.00 | 477,200,600.00 | 581,018,200.00 |
| Operating Net Income | 686,531,300.00 | 627,631,900.00 | 496,264,400.00 | 386,603,000.00 |
| Deprecation and Amortization | 63,021,300.00 | 52,348,300.00 | 23,489,700.00 | 16,816,900.00 |
| Deferred Income Tax | -15,613,600.00 | -57,133,200.00 | 12,280,900.00 | -9,887,300.00 |
| Share Based Compensation | 24,633,900.00 | 20,115,800.00 | 14,014,600.00 | 13,874,500.00 |
| Change in Working Capital | 168,583,400.00 | 201,319,400.00 | -156,465,900.00 | 58,907,300.00 |
| Other Operating Activities | 268,461,100.00 | 178,040,200.00 | 87,616,900.00 | 114,703,800.00 |
| Investing Cash Flow | -3,716,056,600.00 | -3,672,564,200.00 | -4,392,783,000.00 | -3,302,279,800.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -65,418,200.00 | -52,304,100.00 | -43,193,500.00 | -26,125,300.00 |
| Net Purchase/Sale of Investments Net | -1,552,427,900.00 | -767,694,600.00 | -563,565,000.00 | -147,838,300.00 |
| Net Purchase/Sale of Business | 0 | 149,800,400.00 | 0 | 0 |
| Other Investing Activities | -2,098,210,500.00 | -3,002,365,900.00 | -3,786,024,500.00 | -3,128,316,200.00 |
| Financing Cash Flow | 2,419,349,000.00 | 3,347,338,700.00 | 4,173,910,400.00 | 2,912,107,500.00 |
| Net Issuance/Repayment of Debt | -815,311,800.00 | -22,272,600.00 | 1,000,549,400.00 | 684,319,100.00 |
| Net Issuance/Repurchase of Equity | 0 | 73,697,300.00 | 0 | 0 |
| Dividends Paid | -158,058,100.00 | -86,617,100.00 | -86,394,300.00 | -36,239,200.00 |
| Other Financing Activities | 0 | 3,382,531,100.00 | 0 | 0 |
| Net Change in Cash | -101,090,200.00 | 697,096,900.00 | 258,328,000.00 | 190,845,900.00 |
| Cash at Beginning of Period | 2,086,031,400.00 | 1,387,395,200.00 | 1,122,031,100.00 | 930,694,700.00 |
| Cash at End of Period | 1,982,929,800.00 | 2,086,031,400.00 | 1,387,395,200.00 | 1,122,031,100.00 |
| Free Cash Flow | 1,129,220,100.00 | 968,484,400.00 | 433,580,300.00 | 554,693,800.00 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Assets | 44,560,480,400.00 | 48,187,671,100.00 | 42,281,803,700.00 | 45,703,524,400.00 | 40,065,379,400.00 |
| Cash and Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Cash and Cash Equivalents | 2,146,127,800.00 | 3,222,323,100.00 | 2,311,434,400.00 | 2,137,887,300.00 | 1,911,081,500.00 |
| Short-Term Investments | 0 | 5,973,926,300.00 | 0 | 5,844,516,700.00 | 0 |
| Net Receivables | 0 | 454,645,400.00 | 0 | 264,226,300.00 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 154,390,100.00 | 314,735,300.00 | 142,998,300.00 | 158,791,600.00 | 132,935,100.00 |
| Goodwill | 0 | 1,629,510,300.00 | 0 | 1,629,510,300.00 | 0 |
| Intangible Assets | 0 | 1,370,880,000.00 | 0 | 1,382,961,100.00 | 0 |
| Long-Term Investments | 12,657,715,400.00 | 6,981,246,400.00 | 11,517,235,300.00 | 6,244,792,900.00 | 10,304,764,500.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 38,929,003,400.00 | 39,564,780,100.00 | 37,100,322,200.00 | 37,499,075,300.00 | 35,163,080,600.00 |
| Payables and Expenses | 0 | 815,324,800.00 | 0 | 299,302,300.00 | 0 |
| Account Payables | 0 | 576,840,500.00 | 0 | 299,302,300.00 | 0 |
| Current Accrued Liabilities | 0 | 101,945,200.00 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 1,306,013,100.00 | 0 | 1,509,711,600.00 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 5,996,128,100.00 | 6,020,093,000.00 | 6,534,742,500.00 | 6,071,297,400.00 | 6,733,542,300.00 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Equity | 5,631,477,000.00 | 8,622,891,000.00 | 5,181,481,500.00 | 8,204,449,100.00 | 4,902,298,800.00 |
| Shareholders Equity | 5,426,340,200.00 | 7,676,891,400.00 | 5,021,902,900.00 | 7,264,280,800.00 | 4,758,360,500.00 |
| Capital Stock | 7,667,900.00 | 7,652,200.00 | 7,648,300.00 | 7,630,800.00 | 7,608,100.00 |
| Share Premium | 0 | 4,436,065,700.00 | 0 | 4,398,655,500.00 | 0 |
| Retained Earnings | 0 | 2,099,097,200.00 | 0 | 1,934,294,200.00 | 0 |
| Treasury Shares | 0 | 16,864,000.00 | 0 | 16,866,000.00 | 0 |
| Accumulated Other Comprehensive Income | 5,378,235,100.00 | 1,150,940,300.00 | 4,980,294,200.00 | 940,566,300.00 | 4,720,191,300.00 |
| Minority Interest | 205,136,800.00 | 945,999,600.00 | 159,578,600.00 | 940,168,300.00 | 143,938,300.00 |
| Debt | 5,996,128,100.00 | 7,326,106,100.00 | 6,534,742,500.00 | 7,581,009,000.00 | 6,733,542,300.00 |
| Net Debt | 3,850,000,300.00 | 3,949,853,200.00 | 4,223,308,100.00 | 5,443,121,700.00 | 4,822,460,800.00 |
| Common Shares Outstanding | 15,335,793.15 | 15,304,409.21 | 15,296,596.95 | 15,261,532.39 | 7,608,110.26 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Revenues | 853,464,600.00 | 953,058,900.00 | 652,796,600.00 | 195,554,500.00 | 724,169,900.00 |
| Interest Income | 873,718,700.00 | 732,081,700.00 | 850,401,700.00 | 769,802,600.00 | 815,462,000.00 |
| Interest Expense | 477,085,100.00 | 454,397,100.00 | 469,142,800.00 | 444,663,700.00 | 445,795,000.00 |
| Non-Interest Expense | 581,830,000.00 | 0 | 373,495,000.00 | 0 | 465,465,300.00 |
| Selling, General and Administrative Expenses | 369,703,800.00 | 871,615,800.00 | 252,626,700.00 | -89,394,600.00 | 350,416,200.00 |
| EBT | 208,498,300.00 | 154,859,600.00 | 239,728,700.00 | 207,699,200.00 | 227,273,700.00 |
| Income Tax | 37,594,000.00 | 9,884,300.00 | 56,327,600.00 | 32,705,600.00 | 55,393,200.00 |
| Net Income Including Non-Controlling Interests | 170,904,300.00 | 144,975,300.00 | 183,401,100.00 | 174,993,600.00 | 171,880,500.00 |
| Net Income Non-Controlling Interests | -8,325,200.00 | 8,959,300.00 | -6,835,000.00 | -1,183,100.00 | -7,132,000.00 |
| Net Income | 162,579,100.00 | 153,934,600.00 | 176,566,100.00 | 173,810,500.00 | 164,748,500.00 |
| EPS | 0.03 | 0.04 | 0.03 | 0 | 0.03 |
| Diluted EPS | 0.03 | 0.04 | 0.03 | 0 | 0.03 |
| Average Shares Outstanding Basic | 5,105,325.80 | 5,100,157.05 | 5,093,497.76 | 0 | 5,068,404.86 |
| Average Shares Outstanding Diluted | 5,131,916.04 | 5,120,957.04 | 5,117,857.97 | 0 | 5,087,185.42 |
| Breakdown |
|---|
| Operating Cash Flow |
| Operating Net Income |
| Deprecation and Amortization |
| Deferred Income Tax |
| Share Based Compensation |
| Change in Working Capital |
| Other Operating Activities |
| Investing Cash Flow |
| Capital Expenditure |
| Net Purchase/Sale of PPE |
| Net Purchase/Sale of Investments Net |
| Net Purchase/Sale of Business |
| Other Investing Activities |
| Financing Cash Flow |
| Net Issuance/Repayment of Debt |
| Net Issuance/Repurchase of Equity |
| Dividends Paid |
| Other Financing Activities |
| Net Change in Cash |
| Cash at Beginning of Period |
| Cash at End of Period |
| Free Cash Flow |