HDFC Bank Limited

HDFC Bank Limited

HDB
HDFC Bank LimitedUS flagNew York Stock Exchange
23.37
USD
+0.27
- -
119.87BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
165.3
97.78
231.9
272.44
165.01
373.67
434.33
255.47
552.72
324.86
340.07
361.57
- -
482.25
Basic EPS, GAAP
49.78
30.71
70.26
82.85
51.88
123.19
142.78
88.91
209.29
133.53
131.93
132.45
- -
96.69
Free Cash Flow per Basic Share
73.69
31.08
95.39
216.15
24.73
93.42
83.87
246.56
300.75
116.85
205.21
222.06
- -
- -
Dividend per Share
9.65
5.97
14.52
17.26
10.02
22.96
36.45
0.05
19.65
23.28
18.35
31.08
- -
- -
Book Value per Share
55.43
74.83
85.96
100.1
113.11
149.87
172.62
195.87
225.84
260.96
457.25
501.61
530.58
514.44
Tangible Book Value per Share
47.6
67.36
78.55
92.79
105.89
142.99
165.79
189.08
219.09
254.25
258.11
305.57
337.01
319.75
Basic Weighted Avg Shares
1,594
3,232
1,678
1,696
3,441
1,787
1,823
3,666
1,844
3,710
4,720
5,085
- -
5,100
Sales/Revenue/Turnover
263,407
315,998
389,195
462,122
567,758
667,628
791,746
936,662
1,019,414
1,205,375
1,604,968
1,838,641
1,925,668
2,459,320
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
8,519
7,125
7,434
8,880
9,680
12,249
12,800
13,860
16,817
23,490
52,348
63,021
61,832
- -
Net Income, GAAP
79,320
99,238
117,915
140,530
178,515
220,104
260,270
325,977
386,000
495,447
622,657
673,508
704,793
493,080
Effective Tax Rate (%)
34.75
35.4
36.39
36.02
35.46
35.12
28.83
25.88
25.53
25.08
11.03
20.31
22.57
17.21
Profit Margin (%)
30.11
31.4
30.3
30.41
31.44
32.97
32.87
34.8
37.86
41.1
38.8
36.63
36.6
20.05
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
395,209
457,934
522,314
730,921
932,906
1,044,553
1,092,133
1,245,180
1,632,471
2,061,895
6,779,815
6,020,093
5,293,992
4,966,364
Total Equity
533,001
751,568
870,795
1,027,901
1,176,493
1,635,625
1,896,494
2,163,405
2,509,453
2,917,838
7,886,183
8,622,891
9,160,695
8,887,083
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
15.86
15.48
14.56
14.83
16.23
15.68
14.76
16.09
16.55
18.29
12.63
9.21
8.9
6.5

Capital Structure

FRC

in mil. unless spec.
Mar'25
Jun'26
Sep'26
ST Debt
1,306,013
- -
1,096,055
LT Borrowings
5,866,163
5,996,128
4,966,364
LT Finance Leases
153,930
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15,304
15,336
15,364
Market Capitalization
43,446,631
50,409,320
46,642,605

Working Capital

FRC

in mil. unless spec.
Mar'25
Jun'26
Sep'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
9,196,249
2,146,128
8,425,636
Accounts Receivable, Net
323,231
- -
334,584
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
815,325
- -
287,174
ST Debt
1,306,013
- -
1,096,055
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
31.97%
43.62%
6.24%
Free Cash Flow
70.51%
14.78%
-5.62%
Net Income, GAAP
19.83%
17.05%
4.65%
Sales/Revenue/Turnover
17.56%
15.9%
4.73%
Total Cash Common Dividend
2,193.11%
4,382.39%
38.6%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
350,665
663,167
717,731
760,027
1,604,968
2025
724,170
195,554
652,797
953,059
1,838,641
2026
853,465
- -
- -
- -
1,925,668

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
66.45
66.72
34.11
62.51
131.93
2025
32.5
- -
34.67
30.18
132.45
2026
31.84
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
18.35
2025
- -
- -
- -
- -
31.08
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Sashidhar Jagdishan
Full Time Employees
211,206
Sector
Financial Services
Industry
Banks - Regional
Address
HDFC Bank House Mumbai MA India 400013
IPO Date
Jul 20, 2001
Business
HDFC Bank Limited (HDFC Bank) is India's largest private sector bank by assets and market capitalization, providing a comprehensive range of banking and financial services to retail, wholesale, and corporate customers. The bank offers retail banking products including savings and current accounts, fixed and recurring deposits, personal loans, auto loans, two-wheeler loans, home loans, loans against property, consumer durable loans, gold loans, loans against securities, and credit cards; wholesale banking solutions such as working capital facilities, term lending, project finance, supply chain financing, export finance, trade credits, cash management services, letters of credit, guarantees, forex and derivatives, custodial services, and correspondent banking; treasury operations; investment banking services encompassing debt and equity capital markets, mergers and acquisitions, IPOs, private equity, venture capital fund raises, and loan syndication; as well as digital platforms like PayZapp, SmartBUY, SmartWealth app, and PhonePe co-branded RuPay credit cards with UPI integration. HDFC Bank operates through over 8,700 branches and 20,000 ATMs across 3,800 cities and villages in India, with international presence via branches in Hong Kong, Bahrain, Dubai, Singapore, and an IFSC Banking Unit in GIFT City, Gujarat, alongside representative offices in Kenya, Abu Dhabi, London, and others, primarily serving NRIs and cross-border trade. Founded in 1994 and headquartered in Mumbai, the bank completed its merger with parent Housing Development Finance Corporation Limited in July 2023, significantly expanding its home loan portfolio, balance sheet, customer base to over 120 million, employee count to 173,000, and positioning it as India's second-largest bank by assets. Recent developments include the launch of User-Level Programmability on Digital Rupee in August 2024 via its Digital Rupee Wallet; RBI approvals in 2025 for HDFC Bank group entities to acquire up to 9.5% stakes in multiple banks such as Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank, ICICI Bank, Axis Bank, IndusInd Bank, YES Bank, Bandhan Bank, and Suryoday Small Finance Bank; investments by subsidiary HDFC Capital Advisors including partnerships with Runwal Enterprises for over ₹1,150 crore in Mumbai residential projects and additional ₹350 crore with Eldeco for projects generating ₹8,000 crore; seed funding to WalkAbout community platform in October 2025; and exits from investments like Adarsh Developers in 2024-2025 achieving gross IRRs of 20-21%. The bank maintains majority stakes in key subsidiaries including HDFC Life (50.37%), HDFC ERGO General Insurance (50.48%), HDFC Asset Management Company (52.55%), HDFC Securities (95.48%), and HDB Financial Services (94.84%).

Company News

APIChatGPT
  • Law Offices of Howard G. Smith Encourages HDFC Bank Limited (HDB) Shareholders To Inquire About Securities Fraud Class Action

  • HDB CLASS ACTION NOTICE: Glancy Prongay Wolke & Rotter LLP Files Securities Fraud Lawsuit on Behalf of HDFC Bank Limited Investors

  • HDB CLASS ACTION NOTICE: Glancy Prongay Wolke & Rotter LLP Files Securities Fraud Lawsuit on Behalf of HDFC Bank Limited Investors

  • HDFC Bank Limited $HDB Shares Bought by First Trust Advisors LP

  • Amundi Sells 149,728 Shares of HDFC Bank Limited $HDB

  • Securities Fraud Investigation Into HDFC Bank Limited (HDB) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

  • HDFC Bank Limited (HDB) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Ongoing Securities Fraud Investigation

  • Securities Fraud Investigation Into HDFC Bank Limited (HDB) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

  • Securities Fraud Investigation Into HDFC Bank Limited (HDB) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

  • Securities Fraud Investigation Into HDFC Bank Limited (HDB) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

  • HDFC Bank Limited Filed Its Form 20-F for the Year Ended March 31, 2026 on July 29, 2026

  • Elliott Investment Management L.P. Buys 580,329 Shares of HDFC Bank Limited $HDB

  • Securities Fraud Investigation Into HDFC Bank Limited (HDB) Announced -- Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

  • Securities Fraud Investigation Into HDFC Bank Limited (HDB) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

  • HDFC Bank Limited (HDB) Shareholders Who Lost Money -- Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

  • HDFC Bank Limited (HDB) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

  • Securities Fraud Investigation Into HDFC Bank Limited (HDB) Announced -- Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

  • Securities Fraud Investigation Into HDFC Bank Limited (HDB) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

  • HDFC Bank Limited (HDB) Q1 2027 Earnings Call Transcript

  • HDFC Bank Q1 Earnings Call Highlights