HDB Financial Services Ltd — Q4 FY26
HDB Financial Services delivered a strong Q4 FY26, with PAT at ₹751 crore (up 16.6% QoQ) and gross NPA improving to 2.44% from 2.81% in Q3.
bullish
high
Financial stats pending filing verification
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q3 FY26
NIM to remain rangebound around 8%
Net interest margin expected to stay in 7.9-8.1% range for the next few quarters, with potential 5-10 bps variation.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q3 FY26
Cost-to-income ratio below 40%
Cost-to-income ratio for lending business reduced to 39.5% in Q3; management expects to sustain below 40% as book grows.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1