HDFC Bank
Market cap ₹10.69 L Cr
- P/E
- 15.14
- Day range
- ₹686.85 – ₹696.80
- 52-week range
- ₹681.90 – ₹1,017.50
- Volume
- 1.90 Cr
- Open
- ₹692.55
- Prev close
- ₹694.05
Latest results · Q2 FY27(consolidated)Revenue ₹95,132 Cr+9.4%Profit ₹20,700 Cr+5.6%Margin 21.8%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
HDFCBANK in NSE indices and F&O
- Nifty 50
- Nifty 100
- Nifty 200
- Nifty 500
- Nifty Bank
- Nifty Private Bank
- Nifty Financial Services
- Nifty Total Market
Research profile
Composite 53 / 100Factor percentiles
Derived metrics
- Earn. yield
- 6.6%
- Graham no.
- ₹674.42
- vs Graham
- -2.7%
- ROE ÷ P/B
- 8.1%
- 12-1 mom.
- -24.4%
- Return / vol
- -1.35
- FCF yield
- 10.0%
- PEG
- 1.88
Appears in 8 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 34 in Banking| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| HDFC BankHDFCBANK | ₹10.69 L Cr | 15.14 | 1.77 | 14.3% | 7.0% | — | 0.98 | +9.4% |
| ICICI BankICICIBANK | ₹10.01 L Cr | 17.12 | 2.59 | 17.1% | 7.2% | — | 0.76 | +16.2% |
| State Bank of IndiaSBIN | ₹8.85 L Cr | 10.27 | 1.42 | 16.0% | 6.1% | — | 1.30 | +8.4% |
| Kotak Mahindra BankKOTAKBANK | ₹4.28 L Cr | 21.10 | 2.36 | 11.4% | 7.0% | — | 0.53 | +6.4% |
| Axis BankAXISBANK | ₹3.79 L Cr | 12.70 | 1.64 | 13.2% | 6.2% | — | 1.41 | +17.9% |
| Punjab National BankPNB | ₹1.38 L Cr | 6.06 | 0.86 | 13.0% | 6.1% | — | 0.86 | +8.5% |
| Union Bank of IndiaUNIONBANK | ₹1.37 L Cr | 6.21 | 0.95 | 15.7% | 6.3% | — | 0.71 | +8.3% |
| Bank of BarodaBANKBARODA | ₹1.19 L Cr | 6.57 | 0.72 | 12.9% | 5.6% | — | 1.03 | +6.8% |
| Sector median | ₹56,581 Cr | 9.63 | 1.19 | 13.1% | 6.3% | — | 0.87 | +15.2% |
Sector as classified in the tracked universe; medians use every tracked Banking company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 10d agoHeadlines about HDFC Bank from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 13.3
- Price / Book
- 1.77
- ROE (FY26)
- 14.3%
- Dividend yield
- 1.88%
Moving averages (NSE)
- 20-day
- ₹712.29
- Price below
- 50-day
- ₹716.13
- Price below
- 200-day
- ₹797.11
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- DII
- FII
- Public
- Government
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 26 Aug 2025: earlier bars are per pre-bonus share.
Financial statements
| Line item | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 78,008 | 79,434 | 81,546 | 83,002 | 85,040 | 86,779 | 87,372 | 86,994 | 87,067 | 87,182 | 90,575 | 95,132 |
| Interest | 43,242 | 43,692 | 44,580 | 45,414 | 46,914 | 46,986 | 47,709 | 46,741 | 45,821 | 45,220 | 47,626 | 50,667 |
| Expenses | 50,530 | 62,938 | 49,690 | 52,074 | 41,307 | 47,709 | 64,497 | 45,161 | 54,145 | 44,028 | 58,292 | 50,029 |
| Financing Profit | -15,764 | -27,196 | -12,723 | -14,487 | -3,181 | -7,916 | -24,833 | -4,908 | -12,899 | -2,066 | -15,342 | -5,565 |
| Financing Margin % | -20% | -34% | -16% | -17% | -4% | -9% | -28% | -6% | -15% | -2% | -17% | -6% |
| Other Income | 37,007 | 44,958 | 35,450 | 38,455 | 27,154 | 33,489 | 45,683 | 31,567 | 39,860 | 29,737 | 42,535 | 34,227 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 21,243 | 17,761 | 22,727 | 23,968 | 23,973 | 25,573 | 20,850 | 26,659 | 26,961 | 27,672 | 27,193 | 28,663 |
| Tax % | 17% | -1% | 24% | 22% | 24% | 25% | 18% | 24% | 23% | 24% | 25% | 25% |
| Net Profit | 17,718 | 18,013 | 17,188 | 18,627 | 18,340 | 19,285 | 17,090 | 20,364 | 20,691 | 21,074 | 20,383 | 21,537 |
| EPS in Rs | ₹11.37 | ₹11.60 | ₹10.83 | ₹11.68 | ₹11.54 | ₹12.31 | ₹10.60 | ₹12.76 | ₹12.87 | ₹13.22 | ₹12.50 | ₹13.43 |
From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Strengths, risks & growth
HDFC Bank Limited (also known as HDFC) is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024. As of April 2024, HDFC Bank has a market capitalization of $145 billion, making it the third-largest company on the Indian stock exchanges. [1]
Strengths
- Company has delivered good profit growth of 18.9% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 26.1%
- Company's median sales growth is 16.3% of last 10 years
Risks
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.35,61,957 Cr.
- Earnings include an other income of Rs.1,46,360 Cr.
Compounded Sales Growth
- 10 Years
- +19%
- 5 Years
- +22%
- 3 Years
- +27%
- TTM
- +4%
Compounded Profit Growth
- 10 Years
- +19%
- 5 Years
- +19%
- 3 Years
- +18%
- TTM
- +11%
Stock Price CAGR
- 10 Years
- +8%
- 5 Years
- -3%
- 3 Years
- -2%
- 1 Year
- -30%
Return on Equity
- 10 Years
- +16%
- 5 Years
- +15%
- 3 Years
- +15%
- Last Year
- +14%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| FII | 47.67% | 44.05% | 41.82% | 39.39% | -2.43 pp |
| DII | 37.00% | 40.14% | 41.75% | 43.44% | +1.69 pp |
| Government | 0.18% | 0.18% | 0.18% | 0.19% | +0.01 pp |
| Public | 15.11% | 15.64% | 16.27% | 16.96% | +0.69 pp |
Filed with NSE for Sept 2026: promoters 0.00%, public 100.00% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 31.88% (+1.26 pp)- Promoters0.0%
- Foreign institutions39.4%
- Mutual funds31.9%
- Insurance7.5%
- Other domestic institutions4.3%
- Retail10.9%
- Others6.1%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Parag Parikh Flexi Cap Fund | 1.00% | 7.75% | -0.58 pp |
| HDFC Flexi Cap Fund | 0.61% | 6.03% | -0.74 pp |
| ICICI Pru Large Cap Fund | 0.57% | 8.44% | -0.30 pp |
| ICICI Pru Multi Asset Allocation Fund | 0.47% | 6.07% | -0.21 pp |
| Nippon India Large Cap Fund | 0.44% | 9.61% | -0.29 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Avg
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 21.6%
- Downside volatility
- 21.7%
- Worst 5% of days
- 2.3%
- Average of that tail
- 3.2%
- Max drawdown (1Y)
- 31.9%
- Below its peak
- 31.4%
Against the market
- Beta vs Nifty 50
- 1.23
- Correlation
- 0.76
- Relative strength (3M)
- -2.0%
- ATR (14)
- 2.2%
Return
- Return 1M
- -6.2%
- Return 3M
- -7.3%
- Return 6M
- -13.4%
- Return 1Y
- -29.1%
- vs 200-day average
- -13.1%
Momentum
- RSI (14)
- 40.9
- MACD histogram
- -1.45
- Stochastic %K
- 12.4
- ADX (14)
- 14.0
- +DI / −DI
- 18.7 / 25.5
- Money flow index
- 33.9
Participation
- Delivery (20d avg)
- 58.5%
- vs its 60-day baseline
- -2.5 pts
- Volume vs 20-day
- -1.0σ
- Close vs day's VWAP
- +0.1%
- 52-week position
- 2 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
No F-Score: it needs two reporting periods a year apart that carry both an income statement and a balance sheet, and this company's filings do not yet line up that way. The ratios below need only the one period and are unaffected.
- Free cash flow
- ₹1.07 L Cr
- FCF yield
- 10.0%
- Cash conversion
- 1.44
- Accruals ratio
- -0.006
- Net debt
- ₹2.99 L Cr
- Net debt / equity
- 0.37
- EV / sales
- 3.80
- PEG
- 1.88
- Capex intensity
- 1.5%
- Revenue CAGR
- 0.5%
- Profit CAGR
- 8.0%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Model simulation
30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.
Lower edge (10th percentile)
₹694.48
+0.2%
Upper edge (90th percentile)
₹732.71
+5.8%
The marker is the last close, ₹692.8. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹714.57 (+3.1%), which is the centre of the simulation and not an expected or target price.
The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.
Corporate actions
- dividend₹13.00
Dividend - Rs 13 Per Share
19 Jun 2026ex-date - bonusNot available — not reported in this filing
Bonus 1:1
26 Aug 2025ex-date - dividend₹5.00
Special Dividend - Rs 5 Per Share
25 Jul 2025ex-date - dividend₹22.00
Dividend - Rs 22 Per Share
27 Jun 2025ex-date - dividend₹19.50
Dividend - Rs 19.50 Per Share
10 May 2024ex-date - dividend₹19.00
Dividend - Rs 19 Per Share
16 May 2023ex-date - dividend₹15.50
Dividend - Rs 15.50 Per Share
12 May 2022ex-date - dividend₹6.50
Dividend - Rs 6.50 Per Share
29 Jun 2021ex-date - splitNot available — not reported in this filing
Face Value Split (Sub-Division) - From Rs 2 Per Share To Rs 1 Per Share
19 Sept 2019ex-date - dividend₹5.00
Special Dividend - Rs 5 Per Share
1 Aug 2019ex-date - dividend₹15.00
Dividend Rs 15 Per Sh
20 Jun 2019ex-date - dividend₹13.00
Dividend- Rs 13 Per Share
31 May 2018ex-date - dividend₹11.00
Dividend - Rs 11/- Per Share
29 Jun 2017ex-date - dividend₹9.50
Dividend - Rs 9.50/- Per Share
29 Jun 2016ex-date - dividend₹8.00
Annual General Meeting/ Dividend - Rs 8/- Per Share
2 Jul 2015ex-date - dividend₹6.85
Annual General Meeting And Dividend - Rs.6.85/- Per Share
5 Jun 2014ex-date - dividend₹5.50
Annual General Meeting / Final Dividend Rs.5.50/- Per Equity Share
13 Jun 2013ex-date - dividend₹4.30
Annual General Meeting And Dividend Rs.4.30 Per Share
28 Jun 2012ex-date - split₹2.00
Face Value Split From Rs.10/- To Rs.2/-
14 Jul 2011ex-date - dividend₹16.50
Annual General Meeting And Dividend Rs.16.50 Per Share
2 Jun 2011ex-date
Company announcements
Notice of postal ballot
Audio Recording of Earnings Call in relation to the unaudited standalone and consolidated financial results of the HDFC Bank Limited for the quarter and half-year ended September 30, 2026
Disclosure under Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Presentation to be made at the Earnings Call
Approval of unaudited standalone and consolidated financial results of the Bank for the quarter and half-year ended September 30, 2026
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for quarter ended September 30, 2026
Earnings call intimation to the unaudited standalone and consolidated financial results of HDFC Bank Limited for the quarter and half-year ended September 30, 2026.
Newspaper publication confirming the dispatch of Postal Ballot Notice
Notice of Postal Ballot
Intimation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Appointment of Mr. Anup Bagchi as an Additional Director and as the Managing Director & Chief Executive Officer of the Bank
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements) Regulations, 2015
Newspaper publication regarding special window for transfer and dematerialization of physical shares of HDFC Bank Limited.
Allotment of 18,97,180 equity shares pursuant to exercise of ESOP/RSU
Filed with BSE (scrip 500180); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Regulatory orders
- Adjudication order
Adjudication Order in the matter of suspected insider trading activity of certain entities in the scrip HDFC Limited and HDFC Bank Limited
29 Jul 2025Read on SEBI - Settlement order
Settlement Order in the matter of insider trading activities of certain entities in the scrip of HDFC LTD. and HDFC BANK LTD.
20 Dec 2024Read on SEBI - Order
Order in the matter of Circulation of Unpublished Price Sensitive Information through WhatsApp messages with respect to HDFC Bank Ltd.
10 Nov 2022Read on SEBI - Settlement order
Settlement Order in respect of Mr. Samrat Dasgupta in the matter of circulation of Unpublished Price Sensitive Information in respect of HDFC Bank Limited
28 Feb 2022Read on SEBI - Order
Order in respect of HDFC Bank Limited in the matter of BRH Wealth Kreators Limited [83/2021]
21 Jan 2021Read on SEBI
Documents
Annual reports
Earnings calls
- Oct 2026TranscriptSlidesRecording
- Jul 2026TranscriptSlidesRecording
- Apr 2026TranscriptSlides
- Mar 2026TranscriptRecording
- Jan 2026TranscriptSlidesRecording
- Oct 2025TranscriptSlidesRecording
Credit ratings
- Rating update · 23 Oct from care
- Rating update · 27 Aug from care
- Rating update · 19 Aug from fitch
- Rating update · 23 Jun from icra
- Rating update · 23 Jun from crisil
- Rating update · 8 Apr from care
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 17 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
HDFC Bank: common questions
Answered from the figures on this page.
