HDFC Bank Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 16x vs industry 35.4x)
- ✓Regular dividends — yield 1.6%
- ✓Near 52-week low — potential value zone (₹727)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ICICIBANK ICICI Bank Limited | ₹1,440 | ₹10.4L Cr | 18.5 | 2.73 | 17.3 | 7.59 | — |
| SBIN State Bank of India | ₹1,025 | ₹9.6L Cr | 11.6 | 1.59 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹1,056 | ₹6.6L Cr | 34.2 | 5.77 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹424 | ₹5.5L Cr | 9.54 | 3.03 | 37.8 | 35.1 | 0 |
| AXISBANK Axis Bank Limited | ₹1,234 | ₹4.1L Cr | 14.9 | 1.73 | 13.1 | 6.24 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹382 | ₹3.9L Cr | 19.4 | 2.1 | 11.4 | 6.98 | — |
| BAJAJFINSV Bajaj Finserv Limited | ₹1,878 | ₹3.0L Cr | 29.8 | 3.86 | 13.2 | 10.6 | 5.13 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
HDFCBANK · as of Mar 2021
| Category | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|---|---|
| Promoters | — | — | — | — | 26.00% | 25.60% |
| FII | 52.31% | 47.17% | 48.02% | 49.21% | 42.13% | 40.43% |
| DII | 30.54% | 35.20% | 35.05% | 34.37% | 12.94% | 14.97% |
| Public | 16.98% | 17.44% | 16.75% | 16.23% | 18.80% | 18.87% |
| Govt | 0.17% | 0.18% | 0.18% | 0.18% | 0.13% | 0.13% |
Corporate Events
To consider and approve the unaudited standalone and consolidated financial results of the Bank for the quarter ended June 30, 2026
Dividend - Rs 13 Per Share
Bonus 1:1
Record: 26 Aug 2025
Special Dividend - Rs 5 Per Share
Dividend - Rs 22 Per Share
Dividend - Rs 19.50 Per Share
Dividend - Rs 19 Per Share
Latest News
All news →HDFC Bank, ICICI Bank, SBI Q1 FY27 earnings outlook released
*HDFC Bank, ICICI Bank, SBI Q1 FY27 earnings outlook released* by Sahi indicates strong NII growth with **15-18% YoY** expected. Credit costs remain contained at **~0.4-0.6%** of loans. AUM quality improving; watch NIMs and CASA ratios. 📊 *STOCKS:* HDFCBANK, ICICIBANK, SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
HDFC Bank raises $750 million overseas
*HDFC Bank raises $750 million overseas* through a dollar-denominated bond issuance. The move strengthens its capital base amid rising credit demand. This is one of the largest overseas bond raises by an Indian private bank. 📊 *STOCKS:* HDFCBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #HDFCBank
Motilal Oswal bullish on credit growth, recommends ICICI Bank, HDFC Bank, SBI
*Motilal Oswal Says Credit Growth Has More Legs; ICICI Bank, HDFC Bank, SBI Among Top Bets* — Brokerage house Motilal Oswal sees sustained credit growth momentum, favoring large-cap banks. **ICICI Bank**, **HDFC Bank**, and **SBI** are top picks due to strong balance sheets and improving asset quality. The call is based on resilient loan demand and stable NIMs. 📊 *STOCKS:* ICICIBANK, HDFCBANK, SBIN | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #BrokerRecommendation
Analysts revise target prices for major banks
*Analysts revise target prices for major banks.* Several brokerages have updated their target prices for top Indian banks including SBI, ICICI Bank, and HDFC Bank, citing strong quarterly performance and stable asset quality. *YES Bank* and *DCB Bank* also saw adjustments amid improving credit growth. No major rating changes, but price targets reflect cautious optimism. 📊 *STOCKS:* YESBANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Banking
HDFC Bank appoints Rajiv Kumar as chairman
*HDFC Bank appoints Rajiv Kumar as chairman* following the merger with HDFC Ltd. The board’s decision brings leadership clarity, boosting investor sentiment. Jefferies maintained a **₹1,800 target price**, citing strong fundamentals and growth visibility. 📊 *STOCKS:* HDFCBANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #HDFC Bank
HDFC Bank gains as legal clarity lifts sentiment
*HDFC Bank gains as legal clarity lifts sentiment* Shares rose after brokerages turned bullish following a legal review that eased governance concerns. The stock reacted positively as investors welcomed reduced regulatory uncertainty. Analysts cite improved governance transparency as a key factor. 📊 *STOCKS:* HDFCBANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #HDFC Bank
HDFC Bank allots 518,036 shares under employee schemes
*HDFC Bank allots 518,036 shares under ESOP/ESOS/ESPS.* The allotment is part of employee stock ownership plans and does not involve new equity raising. The move has minimal impact on shareholding structure and earnings. 📊 *STOCKS:* HDFCBANK | 🏢 *SECTOR:* Banking | #LOWIMPACT #ESOP
MOFSL favors private banks amid strong credit growth
*MOFSL favors private banks amid strong credit growth* – MOFSL recommends overweight on private sector banks over PSU banks, citing **~15% YoY credit growth**, near a decadal high. Strong retail and corporate loan demand is driving asset quality improvement and net interest margin expansion. HDFC Bank, SBI, and ICICI Bank are key players in this trend. 📊 *STOCKS:* HDFCBANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Banking
HDFC Bank prices overseas bond at 90 bps over Treasury
*HDFC Bank prices overseas bond at 90 bps over Treasury.* The bank raised **$500 million** through senior notes due in 2032, priced at **90 bps** above US T-bills. The move strengthens its capital base amid rising competition. Strong investor response reflects confidence in India’s banking sector. 📊 *STOCKS:* HDFCBANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Bonds
HDFC Bank raises $750 million via GIFT City bond issue
*HDFC Bank raises $750 million via GIFT City bond issue.* The funds were raised through a 5-year bond issued by its GIFT City IFSC unit, strengthening offshore capital. This move enhances the bank’s long-term funding flexibility and supports future growth initiatives. 📊 *STOCKS:* HDFCBANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Funding
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Op. Profit | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — |
| Net Profit | ₹21.1K Cr ▲1.9% | ₹20.7K Cr ▲1.6% | ₹20.4K Cr ▲19.2% | ₹17.1K Cr ▼11.4% | ₹19.3K Cr ▲5.2% | ₹18.3K Cr ▼1.5% | ₹18.6K Cr ▲8.4% | ₹17.2K Cr |
| EPS (₹) | 13.22 ▲2.7% | 12.87 ▲0.9% | 12.76 ▲20.4% | 10.6 ▼13.9% | 12.31 ▲6.7% | 11.54 ▼1.2% | 11.68 ▲7.8% | 10.83 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | — | — |
| Expenses | ₹2.0L Cr ▲8.9% | ₹1.9L Cr ▲7.3% | ₹1.7L Cr ▲176.3% | ₹63.0K Cr ▲11.5% | ₹56.6K Cr ▲7.8% | ₹52.5K Cr ▲15.4% | ₹45.5K Cr ▲30.4% | ₹34.9K Cr ▲18.0% | ₹29.5K Cr ▲23.8% | ₹23.9K Cr |
| Op. Profit | — | — | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — | — | — |
| Other Income | ₹1.5L Cr ▲9.1% | ₹1.3L Cr ▲8.2% | ₹1.2L Cr ▲266.7% | ₹33.9K Cr ▲6.8% | ₹31.8K Cr ▲16.2% | ₹27.3K Cr ▲9.9% | ₹24.9K Cr ▲31.3% | ₹18.9K Cr ▲18.0% | ₹16.1K Cr ▲24.4% | ₹12.9K Cr |
| Interest | ₹1.9L Cr ▲0.9% | ₹1.8L Cr ▲19.3% | ₹1.5L Cr ▲98.2% | ₹77.8K Cr ▲32.8% | ₹58.6K Cr ▼1.1% | ₹59.2K Cr ▼4.6% | ₹62.1K Cr ▲15.7% | ₹53.7K Cr ▲26.7% | ₹42.4K Cr ▲11.4% | ₹38.0K Cr |
| Depreciation | ₹4.2K Cr ▲10.2% | ₹3.8K Cr ▲23.1% | ₹3.1K Cr ▲31.9% | ₹2.3K Cr ▲39.5% | ₹1.7K Cr ▲21.4% | ₹1.4K Cr ▲8.5% | ₹1.3K Cr ▲4.6% | ₹1.2K Cr ▲26.3% | ₹967 Cr ▲9.1% | ₹886 Cr |
| PBT | ₹1.0L Cr ▲6.1% | ₹96.2K Cr ▲25.7% | ₹76.6K Cr ▲24.5% | ₹61.5K Cr ▲20.9% | ₹50.9K Cr ▲18.9% | ₹42.8K Cr ▲12.0% | ₹38.2K Cr ▲11.3% | ₹34.3K Cr ▲20.6% | ₹28.5K Cr ▲21.7% | ₹23.4K Cr |
| Tax % | 22.0% ▼8.3% | 24.0% ▲60.0% | 15.0% ▼40.0% | 25.0% ▲0.0% | 25.0% ▼3.8% | 26.0% ▼10.3% | 29.0% ▼17.1% | 35.0% ▲0.0% | 35.0% ▲0.0% | 35.0% |
| Net Profit | ₹79.2K Cr ▲7.9% | ₹73.4K Cr ▲12.2% | ₹65.4K Cr ▲41.8% | ₹46.1K Cr ▲21.0% | ₹38.2K Cr ▲19.8% | ₹31.9K Cr ▲16.7% | ₹27.3K Cr ▲21.6% | ₹22.4K Cr ▲20.9% | ₹18.6K Cr ▲21.2% | ₹15.3K Cr |
| EPS (₹) | 49.39 ▲6.8% | 46.26 ▲9.7% | 42.16 ▲2.3% | 41.22 ▲20.1% | 34.31 ▲18.8% | 28.87 ▲16.2% | 24.85 ▲21.2% | 20.5 ▲15.0% | 17.83 ▲19.6% | 14.91 |
| Div Payout | 31.0% ▲29.2% | 24.0% ▲4.3% | 23.0% ▲0.0% | 23.0% ▲0.0% | 23.0% ▲109.1% | 11.0% ▲120.0% | 5.0% ▼72.2% | 18.0% ▲0.0% | 18.0% ▲0.0% | 18.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹1.5K Cr ▲101.2% | ₹765 Cr ▲0.7% | ₹760 Cr ▲36.2% | ₹558 Cr ▲0.5% | ₹555 Cr ▲0.7% | ₹551 Cr ▲0.5% | ₹548 Cr ▲0.6% | ₹545 Cr ▲5.0% | ₹519 Cr ▲1.2% | ₹513 Cr |
| Reserves | ₹5.8L Cr ▲12.2% | ₹5.2L Cr ▲14.4% | ₹4.6L Cr ▲57.7% | ₹2.9L Cr ▲17.1% | ₹2.5L Cr ▲17.9% | ₹2.1L Cr ▲19.0% | ₹1.8L Cr ▲14.8% | ₹1.5L Cr ▲40.4% | ₹1.1L Cr ▲19.5% | ₹91.3K Cr |
| Borrowings | — | — | — | — | — | — | — | — | — | — |
| Other Liabilities | ₹6.3L Cr ▲20.7% | ₹5.2L Cr ▲12.6% | ₹4.7L Cr ▲358.1% | ₹1.0L Cr ▲12.3% | ₹90.6K Cr ▲15.8% | ₹78.3K Cr ▲9.6% | ₹71.4K Cr ▲21.3% | ₹58.9K Cr ▲20.8% | ₹48.8K Cr ▼17.3% | ₹59.0K Cr |
| Total Liabilities | ₹49.1L Cr ▲11.7% | ₹43.9L Cr ▲9.0% | ₹40.3L Cr ▲59.3% | ₹25.3L Cr ▲19.2% | ₹21.2L Cr ▲18.0% | ₹18.0L Cr ▲13.8% | ₹15.8L Cr ▲22.3% | ₹12.9L Cr ▲17.2% | ₹11.0L Cr ▲23.6% | ₹8.9L Cr |
| Assets | ||||||||||
| Fixed Assets | ₹16.5K Cr ▲8.1% | ₹15.3K Cr ▲21.1% | ₹12.6K Cr ▲49.5% | ₹8.4K Cr ▲31.1% | ₹6.4K Cr ▲22.6% | ₹5.2K Cr ▲9.9% | ₹4.8K Cr ▲9.3% | ₹4.4K Cr ▲9.0% | ₹4.0K Cr ▲0.2% | ₹4.0K Cr |
| CWIP | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹12.8L Cr ▲7.9% | ₹11.9L Cr ▲18.0% | ₹10.1L Cr ▲96.6% | ₹5.1L Cr ▲13.9% | ₹4.5L Cr ▲2.4% | ₹4.4L Cr ▲12.7% | ₹3.9L Cr ▲34.5% | ₹2.9L Cr ▲21.4% | ₹2.4L Cr ▲13.1% | ₹2.1L Cr |
| Other Assets | ₹36.1L Cr ▲13.2% | ₹31.9L Cr ▲5.9% | ₹30.1L Cr ▲49.8% | ₹20.1L Cr ▲20.6% | ₹16.7L Cr ▲23.0% | ₹13.6L Cr ▲14.2% | ₹11.9L Cr ▲18.8% | ₹10.0L Cr ▲16.1% | ₹8.6L Cr ▲27.0% | ₹6.8L Cr |
| Total Assets | ₹49.1L Cr ▲11.7% | ₹43.9L Cr ▲9.0% | ₹40.3L Cr ▲59.3% | ₹25.3L Cr ▲19.2% | ₹21.2L Cr ▲18.0% | ₹18.0L Cr ▲13.8% | ₹15.8L Cr ▲22.3% | ₹12.9L Cr ▲17.2% | ₹11.0L Cr ▲23.6% | ₹8.9L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.1L Cr ▼10.8% | ₹1.3L Cr ▲567.3% | ₹19.1K Cr ▼8.4% | ₹20.8K Cr ▲274.0% | ₹-12.0K Cr ▼128.2% | ₹42.5K Cr ▲351.8% | ₹-16.9K Cr ▲73.2% | ₹-62.9K Cr ▼465.2% | ₹17.2K Cr ▼0.4% | ₹17.3K Cr |
| Investing CF | ₹7.5K Cr ▲304.8% | ₹-3.7K Cr ▼122.0% | ₹16.6K Cr ▲654.8% | ₹-3.0K Cr ▼45.9% | ₹-2.1K Cr ▼12.5% | ₹-1.8K Cr ▼29.9% | ₹-1.4K Cr ▲6.7% | ₹-1.5K Cr ▼78.5% | ₹-842 Cr ▲26.5% | ₹-1.1K Cr |
| Financing CF | ₹-59.0K Cr ▲42.4% | ₹-1.0L Cr ▼2472.9% | ₹-4.0K Cr ▼116.6% | ₹23.9K Cr ▼50.3% | ₹48.1K Cr ▲757.3% | ₹-7.3K Cr ▼130.0% | ₹24.4K Cr ▲5.5% | ₹23.1K Cr ▼59.7% | ₹57.4K Cr ▲1073.7% | ₹-5.9K Cr |
| Net Cash Flow | ₹62.0K Cr ▲193.6% | ₹21.1K Cr ▼33.4% | ₹31.7K Cr ▼24.1% | ₹41.8K Cr ▲22.4% | ₹34.1K Cr ▲2.3% | ₹33.3K Cr ▲444.5% | ₹6.1K Cr ▲114.8% | ₹-41.2K Cr ▼155.9% | ₹73.8K Cr ▲620.1% | ₹10.2K Cr |
| Free Cash Flow | ₹1.1L Cr ▼10.6% | ₹1.2L Cr ▲728.3% | ₹14.9K Cr ▼14.4% | ₹17.4K Cr ▲222.7% | ₹-14.2K Cr ▼134.7% | ₹40.8K Cr ▲320.7% | ₹-18.5K Cr ▲71.3% | ₹-64.5K Cr ▼493.7% | ₹16.4K Cr ▲1.5% | ₹16.1K Cr |
Values in ₹ Cr · Source: Screener.in
Deep Dive Analysis
About HDFC Bank Limited
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]
Financial Services · Banks