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Housing Development Finance (BOM:500010) Gross Property, Plant and Equipment : ₹31,791 Mil (As of Mar. 2023)


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What is Housing Development Finance Gross Property, Plant and Equipment?

Housing Development Finance's quarterly gross PPE declined from Sep. 2022 (₹18,813 Mil) to Dec. 2022 (₹0 Mil) but then increased from Dec. 2022 (₹0 Mil) to Mar. 2023 (₹31,791 Mil).

Housing Development Finance's annual gross PPE increased from Mar. 2021 (₹23,962 Mil) to Mar. 2022 (₹28,716 Mil) and increased from Mar. 2022 (₹28,716 Mil) to Mar. 2023 (₹31,791 Mil).


Housing Development Finance Gross Property, Plant and Equipment Historical Data

The historical data trend for Housing Development Finance's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Housing Development Finance Gross Property, Plant and Equipment Chart

Housing Development Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,658.20 22,221.80 23,961.80 28,715.90 31,791.00

Housing Development Finance Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28,715.90 - 18,813.30 - 31,791.00

Housing Development Finance Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Housing Development Finance  (BOM:500010) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Housing Development Finance Gross Property, Plant and Equipment Related Terms

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Housing Development Finance (BOM:500010) Business Description

Traded in Other Exchanges
N/A
Address
HDFC House, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020
Housing Development Finance Corp Ltd provides housing finance services to customers in India, with a limited number of other international operations. The company is engaged in conservative lending practices through its retail mortgage business, while its customers are mostly first-time homebuyers. The initiation of housing loans, including home improvement and home extension loans, remains as the core business of the company. The company is also engaged in risk management strategies that include derivative securities. Its segments include Loans, Life Insurance, General Insurance, Asset Management, and Others. Geographically, it generates nearly all of its revenue from India.

Housing Development Finance (BOM:500010) Headlines

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