Housing Development Finance Corporation Ltd
NSE:HDFC
ROA
Return on Assets
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
ROA Across Competitors
| Country | Company | Market Cap | ROA | ||
|---|---|---|---|---|---|
| IN |
|
Housing Development Finance Corporation Ltd
NSE:HDFC
|
5T INR |
3%
|
|
| ZA |
F
|
FirstRand Ltd
JSE:FSR
|
434B Zac |
2%
|
|
| US |
|
Apollo Global Management Inc
NYSE:APO
|
81.5B USD |
1%
|
|
| IN |
|
Bajaj Finserv Ltd
NSE:BAJAJFINSV
|
3.3T INR |
1%
|
|
| JP |
|
Orix Corp
TSE:8591
|
3.6T JPY |
2%
|
|
| US |
|
Equitable Holdings Inc
NYSE:EQH
|
17.1B USD |
0%
|
|
| TW |
|
Yuanta Financial Holding Co Ltd
TWSE:2885
|
436.2B TWD |
1%
|
|
| KR |
|
Meritz Financial Group Inc
KRX:138040
|
19.9T KRW |
2%
|
|
| IT |
|
Banca Mediolanum SpA
MIL:BMED
|
10.8B EUR |
2%
|
|
| HK |
C
|
China Shandong Hi-Speed Financial Group Ltd
HKEX:412
|
94.3B HKD |
0%
|
|
| UK |
|
M&G PLC
LSE:MNG
|
6.2B GBP |
0%
|
Housing Development Finance Corporation Ltd
Glance View
Housing Development Finance Corporation Ltd. (HDFC) is a powerful narrative in the Indian financial landscape, epitomizing the steady rise of housing finance in one of the world's most populous nations. Established in 1977, HDFC emerged as a pioneer in providing housing finance, at a time when home loans were virtually unheard of in India. The company's visionary founders sought to address the pressing need for affordable housing by creating a robust institution that would support individuals in owning a home—a dream for many. With an approach rooted in transparency, customer focus, and financial integrity, HDFC has skillfully navigated economic changes, regulatory environments, and shifting demographics to become a key player in the financing arena. HDFC's core business revolves around providing long-term housing loans to homebuyers across the socio-economic spectrum. The institution's profit engine primarily runs on the interest margins from these home loans—acquiring funds at lower interest rates and lending them at a higher rate. Over the years, HDFC has expanded its scope beyond mere home loans to offer a plethora of financial services, including insurance, asset management, and banking, through its subsidiaries and associates. This diversification has not only stabilized its revenue streams but has also strengthened its foothold in the broader financial ecosystem. By ensuring a steady cash flow through interest and leveraging its broad portfolio of financial services, HDFC has crafted a robust business model that sustains its growth while meeting the burgeoning housing needs of India's population.
See Also
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
Based on Housing Development Finance Corporation Ltd's most recent financial statements, the company has ROA of 2.5%.
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