- HDFC is a leading housing finance provider company in India offers various types of home loans.
- The company is Market leader in the Mortgage Finance Industry with great risk managment.
- Increase in Workable population leads to more aggregate disposable income & higher no of home buyers. Increase in median age results into more mature new home buyer market. This will again benefit HDFC.
- The company has always kept thier shareholders happy with Good Dividend paying history.
- Thier strategic planning and Strategic investments yielding good returns for the company.
- HDFC has one of the most respected and experienced management teams in the industry. Average tenure of senior management is more than 25 years
- HDFC is well placed in a business segment where secular growth drivers are intact and capable of supporting loan growth of 22-25%. Key drivers of long term growth for the company include continuation of strong economic growth, higher disposable income, lower penetration of home ownership proportion & penetration in India.
- Management has a flexible strategy to fund mortgage book growth, depending on prevailing liquidity. HDFC Limited’s historical ability to maintain spreads at around 2.2-2.3% and grow business at over 20% YoY across economic cycles gives us comfort.
One can Buy with Trgt 1450 2 yrs time frame
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