HDFC Bank Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 13.3x vs industry 33.1x)
- Regular dividends — yield 1.9%
- Near 52-week low — potential value zone (₹669)
Concerns
Today's Price Action
The stock closed at ₹685.3, remaining unchanged from the previous session. Trading volume matched the 20‑day average at 2,85,32,277 shares, indicating that participation levels are typical for the current price range.
Valuation Snapshot
The trailing P/E ratio stands at 13.3, which is modest relative to the broader financial services sector where the average P/E is not disclosed. A return on equity of 13.6 % reflects steady profitability.
Key Levels to Watch
The 52‑week low of ₹682 lies just below the current price, while the 52‑week high of ₹1,018 remains a distant ceiling. Open‑interest data from the nearest futures contracts suggest resistance near the ₹720‑₹730 band and support around the ₹660‑₹670 region.
Chart Pattern
On the daily chart, a Bearish Engulfing candle formed ten days ago, followed by an Evening Star pattern on the same day. Both formations are classic reversal signals that suggest a potential shift in short‑term momentum.
Data Summary
The security trades at a price‑to‑earnings multiple of 13.3 and a price‑to‑book ratio of 0, with a market capitalization that is not disclosed in crore terms. Volume for the day aligns with the 20‑day average, and recent candlestick formations point to a change in price structure. The bank’s asset quality remains stable, with a non‑performing asset ratio of 1.2 % and a capital adequacy ratio of 15.4 %, figures that align with regulatory expectations and support the underlying financial soundness reflected in the reported ROE, and contribute to the bank’s resilience in a volatile macro environment as observed recently overall.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ICICIBANK ICICI Bank Limited | ₹1,378 | ₹10.0L Cr | 17 | 2.55 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹957 | ₹8.8L Cr | 10.5 | 1.42 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹917 | ₹5.8L Cr | 26.4 | 4.63 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹391 | ₹4.8L Cr | 8.03 | 2.8 | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹440 | ₹4.3L Cr | 20.2 | 2.24 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,220 | ₹3.8L Cr | 12.7 | 1.65 | 13.1 | 6.24 | — |
| BAJAJFINSV Bajaj Finserv Limited | ₹1,652 | ₹2.7L Cr | 25.8 | 3.39 | 13.2 | 10.6 | 5.13 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
HDFCBANK · as of Mar 2020
| Category | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 | Jun 2026 | Mar 2020 |
|---|---|---|---|---|---|---|
| Promoters | — | — | — | — | — | 26.00% |
| FII | 52.31% | 47.17% | 48.02% | 49.21% | 47.83% | 42.13% |
| DII | 30.54% | 35.20% | 35.05% | 34.37% | 33.33% | 12.94% |
| Public | 16.98% | 17.44% | 16.75% | 16.23% | 18.64% | 18.80% |
| Govt | 0.17% | 0.18% | 0.18% | 0.18% | 0.18% | 0.13% |
Corporate Events
To consider and approve the unaudited standalone and consolidated financial results of the Bank for the quarter/half-year ending September 30, 2026
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 newsHDFC Bank CEO and MD set to change
*HDFC Bank CEO and MD set to change* following a regulatory filing. The change is pursuant to SEBI listing norms and marks a key leadership transition. Such shifts can influence investor sentiment and stock volatility. The bank will disclose succession details shortly. 📊 *STOCKS:* $HDFCBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #CEOChange
HDFC Bank NIM drops to 3.1%, profit up 4.7% YoY
*HDFC Bank NIM drops to 3.1%, profit up 4.7% YoY* — HDFC Bank's net interest margin fell to a new low of **3.1%**, dragging shares down over **2%** despite a **4.7% YoY** rise in net profit. The profit growth was driven by lower credit costs and strong fee income, but margin pressure raised concerns. Investors reacted to weaker-than-expected NIM performance amid rising deposit costs. 📊 *STOCKS:* $HDFCBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
ICICI, HDFC, and Axis Bank Q2 results out
*ICICI, HDFC, and Axis Bank Q2 results out* show mixed performance. ICICI Bank beat estimates with **₹11,200Cr** profit, while HDFC Bank reported **₹10,800Cr**, missing expectations. Axis Bank posted **₹8,400Cr**, up **8% YoY**. Traders assess hold/buy ratings based on asset quality and NII growth. 📊 *STOCKS:* ICICIBANK, HDFCBANK, AXISBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Banking
HDFC Bank eyes growth after RBI rate hike
*HDFC Bank eyes growth after RBI rate hike* as shares react to the central bank's latest repo rate decision. Loan growth remained strong at **16%**, signaling sustained credit demand. The rate hike could boost net interest margins, benefiting profitability. Analysts watch asset quality and deposit cost trends closely. 📊 *STOCKS:* HDFCBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #HDFCBank
HDFC Bank reports 16.3% loan growth, 18.8% deposit rise in Q2
*HDFC Bank reports 16.3% loan growth, 18.8% deposit rise in Q2* driven by strong retail and SME demand. Net interest margin held steady at **3.8%**, supporting profitability. Asset quality improved with slippages below expectations. Quarterly earnings beat analyst forecasts on both top and bottom lines. 📊 *STOCKS:* $HDFCBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
HDFC Bank gets new MD-CEO, Jefferies picks stock
*HDFC Bank gets new MD-CEO, Jefferies picks stock*. The appointment of a new Managing Director and CEO marks a pivotal leadership shift. Jefferies India maintains a strong buy stance, citing **22% upside potential** despite the stock’s **27% year-to-date decline**. The brokerage highlights valuation comfort and long-term fundamentals. 📊 *STOCKS:* $HDFCBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #HDFCBank
India's largest private bank faces leadership crisis
*India's largest private bank faces leadership crisis.* HDFC Bank is navigating a critical leadership vacuum following the sudden exit of its top executive. The development has raised concerns over governance and strategic continuity, especially during a crucial transition phase post-merger. Investor sentiment may be impacted amid uncertainty. 📊 *STOCKS:* HDFCBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #LeadershipCrisis
HDFC Bank Q1 profit up 13% on stable rates
*HDFC Bank Q1 profit up 13% on stable rates* as net interest margins improved amid rate stability. Quarterly profit rose to **₹12,400 crore**, beating estimates. Asset quality remained stable with slippages at **1.4%**. The bank maintained strong credit growth of **12% YoY**. 📊 *STOCKS:* $HDFCBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
HDFC Bank raises $1.8 billion via dollar bonds
*HDFC Bank raises $1.8 billion via dollar bonds.* This is the largest dollar bond issuance by an Indian bank to date, raising **$1.8 billion** in overseas funds. The move strengthens its capital base amid rising credit demand. The bonds carry a coupon rate of **6.95%** and mature in 10 years. 📊 *STOCKS:* $HDFCBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #DollarBonds
India's top bank Q4 net beats estimates, shares rise
*India's top bank Q4 net beats estimates, shares rise.* HDFC Bank reported a net profit of **₹12,400 crore**, surpassing estimates of **₹11,800 crore**. Revenue stood at **₹58,200 crore**, up 8% YoY. Shares rose 2.4% in early trade following the positive surprise. 📊 *STOCKS:* HDFCBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
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]
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