Financial Services • Stockbroking and wealth distribution
HDFC Securities Limited is a retail and institutional stockbroker based in Mumbai. It offers equity and derivatives trading, mutual funds and other third-party investment products, wealth advisory through its HDFC TRU platform, research, and institutional equities. Its customers mostly trade through digital apps and the website, and it also runs a physical network. As of 31 March 2026 the company served 78 lakh customers, and 98% of them used its services digitally. It had 128 branches across more than 100 towns and cities. In March 2026 it ranked 6th among brokers by number of active clients on NSE. The numbers below are standalone figures from the FY26 annual report. Revenue from operations was ₹3,10,749 lakh against ₹3,26,380 lakh in FY25. Profit for the year was ₹92,994 lakh against ₹1,12,502 lakh a year earlier. Brokerage and fee income was ₹1,516 crore and earnings per share was ₹522. One of its dividends was ₹415 per share, paid in June 2025. HDFC Bank is the parent and held 94.01% of the company, an investment of ₹1,299 crore as on 31 March 2026. Neeraj Swaroop chairs the board, Dhiraj Relli is Managing Director and CEO, and Ashish Rathi is Whole Time Director and Chief Operating Officer. The company has one wholly-owned subsidiary, HDFC Securities IFSC Limited. The company has no IPO journey recorded on IPO Guru yet and we do not speculate on dates or prices. Unlisted shares of a company like this are dealt off-market between private buyers and sellers, so the price shown on this page (₹7,650 per share) is only indicative.
Companies in the same sector, closest in size first.
Largest unlisted companies by implied market cap.
Data refreshed 08 Nov 2026, 07:30 pm IST.