HDFC Bank Limited

HDFC Bank Limited

HDFCBANK.NS
HDFC Bank LimitedIN flagNational Stock Exchange of India
820.00
INR
+9.70
- -
12.63TMarket Cap
HDFC Bank Limited
HDFCBANK.NS
(National Stock Exchange of India)

Recent

price

820.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
14.19
33.61
38.4
47.07
55.1
65.19
77.3
45.41
110.01
62.28
144.78
170.31
184.24
108.29
140.33
155.45
347.08
Revenue per Share
2.81
8.92
10.68
13.09
16.59
20.47
23.42
13.81
34.59
20.53
47.59
59.27
69.76
44.51
43.98
44.15
87.19
Basic EPS, GAAP
11.81
9.59
6.34
13.03
24.56
20.72
31.8
36.03
16.49
15.57
27.96
164.37
100.25
38.95
68.4
74.02
- -
Free Cash Flow per Basic Share
0.57
1.39
1.92
2.5
3.22
3.98
4.84
2.88
6.68
3.83
12.15
0.03
6.55
7.76
6.12
10.36
- -
Dividend per Share
9.39
16.59
22.41
29.13
37.63
48.23
58.71
36.32
90.69
55.29
131.44
164.26
209.42
130.57
123.88
138.1
1
Book Value per Share
25.5
57.71
68.14
83.37
95.77
139.58
158.07
93.64
213.43
145.58
333.08
379.75
439.99
255.4
343.29
368.56
736.23
Tangible Book Value per Share
8,729
4,618
4,661
4,722
4,781
4,848
5,035
10,177
5,161
10,720
5,469
5,500
5,533
11,131
14,159
15,255
7,649
Basic Weighted Avg Shares
123,831
155,218
178,988
222,254
263,407
315,998
389,195
462,122
567,758
667,628
791,746
936,662
1,019,414
1,205,375
1,986,934
2,371,508
2,654,875
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
7,903
7,697
7,918
8,991
8,519
7,125
7,434
8,880
9,680
12,249
12,800
13,860
16,817
23,490
52,348
63,021
- -
Depreciation Expense
24,571
41,197
49,783
61,819
79,320
99,238
117,915
140,530
178,515
220,104
260,270
325,977
386,000
495,447
622,657
673,508
666,890
Net Income, GAAP
33.14
34.32
32.27
32.44
34.75
35.4
36.39
36.02
35.46
35.12
28.83
25.88
25.53
25.08
11.03
20.31
16.84
Effective Tax Rate (%)
19.84
26.54
27.81
27.81
30.11
31.4
30.3
30.41
31.44
32.97
32.87
34.8
37.86
41.1
31.34
28.4
25.12
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
75,854
93,287
178,367
295,220
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
5,996,128
LT Debt
306,454
347,830
396,593
470,378
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
5,631,477
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
40.58
51.95
54.99
51.09
49.98
47.97
44.55
42.25
42.62
41.5
39.69
40.19
37.44
37.93
38.83
34.89
8,731.22
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
1,306,013
- -
LT Borrowings
6,534,742
5,866,163
5,996,128
LT Finance Leases
- -
153,930
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15,297
15,304
15,336
Market Capitalization
6,748,305
6,966,746
7,654,855

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
2,311,434
9,196,249
2,146,128
Accounts Receivable, Net
- -
323,231
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
815,325
- -
ST Debt
- -
1,306,013
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
32.93%
45.19%
9.34%
Free Cash Flow
77.01%
114.15%
16.6%
Net Income, GAAP
21.24%
21.17%
8.17%
Sales/Revenue/Turnover
23.05%
25.91%
19.36%
Total Cash Common Dividend
2,191.88%
4,354.72%
82.48%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
350,665
663,167
717,731
760,027
1,986,934
2025
724,170
195,554
652,797
953,059
2,371,508
2026
853,465
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22.15
22.24
22.74
20.84
43.98
2025
21.67
- -
23.11
- -
44.15
2026
21.23
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.12
2025
- -
- -
- -
- -
10.36
2026
- -
- -
- -
- -
- -
Business
HDFC Bank Limited delivers an extensive array of banking and financial solutions to individuals and corporate clients across India and through its international network, spanning regions such as Bahrain, Hong Kong, Dubai, and Singapore. The institution operates primarily through distinct segments including Treasury, Retail Banking, Wholesale Banking, and its Commercial and Rural Banking initiatives. The bank offers a comprehensive suite of deposit products, encompassing various savings and current accounts, fixed and recurring deposits, as well as safe deposit lockers and offshore account options. Its lending portfolio is equally broad, featuring personal loans, home loans, vehicle financing for cars and two-wheelers, business loans, educational loans, gold loans, consumer durable financing, and agricultural credit. Specialized credit offerings include loans against property, securities, and rental receivables, along with working capital facilities and project finance for commercial enterprises. Customers benefit from a diverse range of payment solutions, including credit, debit, prepaid, and forex cards, alongside services for payments, collections, remittances, and trade finance instruments like bank guarantees and letters of credit. The bank actively engages in merchant and cash management services, insurance, and investment product distribution. Digital platforms such as internet banking, mobile banking, and UPI-integrated services, including co-branded credit cards, emphasize a "Digital First" approach for enhanced customer experience. A significant development in recent times was the successful merger with HDFC Limited on July 1, 2023, which solidified HDFC Bank's position as India's largest private sector bank by assets and market capitalization, greatly expanding its reach in home finance and comprehensive financial services. This strategic integration has further strengthened its ability to provide end-to-end financial solutions across all customer segments. As of June 30, 2025, HDFC Bank’s expansive distribution network included 9,499 branches and 21,251 automated teller machines (ATMs) across 4,153 cities and towns, with over half its branches strategically located in semi-urban and rural areas to foster financial inclusion. The bank, incorporated in 1994, is headquartered in Mumbai, India, and continues its legacy of innovation and customer-centric banking.