# HDB Financial shares surge on strong quarterly results Company's profit rises 38%, analysts maintain neutral stance. - **Source:** [Economic Times](https://brifing.si/source/37791137-c35a-4ffe-b6a9-fe103afc9e48) - **Published:** 2026-07-16 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/e587f699-e4c1-4f91-b62a-cf600f248412 ## Strong quarterly performance HDB Financial Services reported a 38% increase in net profit to Rs 785 crore for Q1 2026. Net interest income grew by 20% with improved asset quality. Assets under management rose 11% to Rs 1.22 lakh crore, reflecting steady business expansion. ## Analyst perspectives Motilal Oswal maintained a 'Neutral' rating with Rs 810 target price, citing NIM expansion and asset quality improvements. Nomura remained cautious due to global uncertainties while acknowledging healthy portfolio yield growth. ## Loan growth trajectory The company's gross loan book expanded 11% to Rs 1.21 lakh crore. Management expects acceleration in coming quarters from strategic initiatives, though current growth slightly lagged expectations. ## Asset quality improvements Credit costs remained broadly stable with notable asset quality enhancements. This performance during a seasonally weak quarter signals operational resilience to market observers. ## Market reaction HDB Financial shares jumped 4.5% to Rs 786 on BSE post-results. Despite neutral ratings, positive financial metrics continue attracting investor interest in the NBFC sector. ## Sector significance Loan growth, margins and asset quality remain critical valuation drivers in financial services. HDB Financial's post-listing performance on these parameters will be closely monitored by market participants. ## Sources covering this story - https://economictimes.indiatimes.com/markets/stocks/news/hdb-financial-shares-in-focus-as-q1-profit-jumps-38-on-strong-nii-growth-what-are-nomura-motilal-oswal-saying/articleshow/132428801.cms — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._