HDFC Bank Ltd
HDFCBANKHDFC Bank Ltd
HDFCBANK
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 20.02 | 2.95 | 1.07% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.87 | 2.49 | 0.97% |
Forecast & Ratings
Detailed Forecast from 41 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
HDFC Bank Limited offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side.
Peers
Compare with peersICICI Bank Ltd
Kotak Mahindra Bank Ltd
Axis Bank Ltd
IDBI Bank Ltd
Indusind Bank Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 74,373.21 | 86,176.43 | 1,01,344.44 | 1,24,107.79 | 1,47,068.26 | 1,55,885.28 | 1,67,695.40 | 2,04,666.10 | 4,07,994.77 | 4,77,860.09 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 3,92,159.80 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 6,306.14 | 8,504.70 | 9,193.90 | 10,451.15 | 12,920.13 | 13,676.67 | 15,897.03 | 20,016.85 | 31,023.00 | |||||||||||
| Selling & Administrative Expenses | 4,087.83 | 4,603.71 | 4,976.65 | 5,187.30 | 5,489.56 | 6,435.33 | 7,186.84 | 8,771.01 | 90,862.87 | |||||||||||
| Operating & Other expenses | 43,730.23 | 48,788.87 | 57,743.18 | 72,930.51 | 89,186.95 | 91,592.12 | 92,057.42 | 1,12,034.38 | 2,06,448.22 | |||||||||||
EBITDA | 20,249.01 | 24,279.15 | 29,430.71 | 35,538.83 | 39,471.62 | 44,181.16 | 52,554.11 | 63,843.86 | 79,660.68 | 85,700.29 | ||||||||||
| Depreciation/Amortization | 738.03 | 886.19 | 966.78 | 1,220.67 | 1,276.77 | 1,385.01 | 1,680.73 | 2,345.47 | 3,092.08 | — | ||||||||||
| PBIT | 19,510.98 | 23,392.96 | 28,463.93 | 34,318.16 | 38,194.85 | 42,796.15 | 50,873.38 | 61,498.39 | 76,568.60 | 85,700.29 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 19,510.98 | 23,392.96 | 28,463.93 | 34,318.16 | 38,194.85 | 42,796.15 | 50,873.38 | 61,498.39 | 76,568.60 | 85,700.29 | ||||||||||
| Taxes & Other Items | 6,709.65 | 8,112.50 | 9,953.90 | 11,985.73 | 10,940.90 | 10,962.94 | 12,820.63 | 15,501.28 | 12,506.56 | 16,519.28 | ||||||||||
| Net Income | 12,801.33 | 15,280.46 | 18,510.03 | 22,332.43 | 27,253.95 | 31,833.21 | 38,052.75 | 45,997.11 | 64,062.04 | 69,181.01 | ||||||||||
| EPS | 25.43 | 30.02 | 35.89 | 41.99 | 49.87 | 57.90 | 68.82 | 82.69 | 97.24 | 91.06 | ||||||||||
| DPS | 4.75 | 5.50 | 6.50 | 7.50 | 2.50 | 6.50 | 15.50 | 19.00 | 19.50 | 19.50 | ||||||||||
| Payout ratio | 0.19 | 0.18 | 0.18 | 0.18 | 0.05 | 0.11 | 0.23 | 0.23 | 0.20 | 0.21 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
FinancialsPrivate Banks
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| HDFC Bank Ltd | 21.62 | 2.95 | 1.07% |
| ICICI Bank Ltd | 20.96 | 3.43 | 0.76% |
| Kotak Mahindra Bank Ltd | 19.43 | 2.72 | 0.11% |
| Axis Bank Ltd | 13.16 | 2.20 | 0.09% |
Price Comparison
Compare HDFCBANK with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding HDFC Bank Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Parag Parikh Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5029% | Percentage of the fund’s portfolio invested in the stock 8.42% | Change in the portfolio weight of the stock over the last 3 months 0.44% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 2/106 (0) |
HDFC Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4714% | Percentage of the fund’s portfolio invested in the stock 9.75% | Change in the portfolio weight of the stock over the last 3 months 0.59% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 1/61 (+1) |
HDFC Balanced Advantage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4441% | Percentage of the fund’s portfolio invested in the stock 6.37% | Change in the portfolio weight of the stock over the last 3 months 0.27% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 1/305 (0) |
Compare 3-month MF holding change on Screener
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A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have HDFC Bank Ltd
Events
Dividend Trend
Increasing Dividends
HDFCBANK has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 1.07%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹10.70 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateMay 10, 2024
Dividend/Share
₹19.50
Ex DateEx Date
May 10, 2024
Cash Dividend
Ex DateEx DateMay 16, 2023
Dividend/Share
₹19.00
Ex DateEx Date
May 16, 2023
Cash Dividend
Ex DateEx DateMay 12, 2022
Dividend/Share
₹15.50
Ex DateEx Date
May 12, 2022
Cash Dividend
Ex DateEx DateJun 29, 2021
Dividend/Share
₹6.50
Ex DateEx Date
Jun 29, 2021
Cash Dividend
Ex DateEx DateAug 1, 2019
Dividend/Share
₹5.00
Ex DateEx Date
Aug 1, 2019
The Nifty December 2024 futures closed at 23,641.70, a premium of 54.20 points compared with the Nifty's closing 23,587.50 in the cash market. In the cash market, the Nifty 50 dropped 364.20 points or 1.52% to 23,587.50. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 3.87% to 15.07. HDFC Bank, Reliance Industries and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE. The December 2024 F&O contracts will expire on 26 December 2024. Powered by Capital Market - Live
HDFC Bank Ltd fell for a fifth straight session today. The stock is quoting at Rs 1792.75, down 0.04% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.93% on the day, quoting at 23729.80078125. The Sensex is at 78412.16, down 1.02%.HDFC Bank Ltd has gained around 2.96% in last one month.Meanwhile, Nifty Bank index of which HDFC Bank Ltd is a constituent, has increased around 1.52% in last one month and is currently quoting at 51575.7, down 0.85% on the day. The volume in the stock stood at 47.38 lakh shares today, compared to the daily average of 226.08 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 1795.1, down 0.14% on the day. HDFC Bank Ltd jumped 6.29% in last one year as compared to a 11.64% rally in NIFTY and a 6.89% spurt in the Nifty Bank index.The PE of the stock is 20.81 based on TTM earnings ending September 24.Powered by Capital Market - Live
HDFC Bank will hold a meeting of the Board of Directors of the Company on 22 January 2025.Powered by Capital Market - Live
The Nifty December 2024 futures closed at 24,775.35, a premium of 66.95 points compared with the Nifty's closing 24,708.40 in the cash market. In the cash market, the Nifty 50 jumped 240.95 points or 0.98% to 24,708.40. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 0.53% to 14.53. HDFC Bank, Reliance Industries and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE. The December 2024 F&O contracts will expire on 26 December 2024. Powered by Capital Market - Live
HDFC Bank Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1865.2, up 0.27% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 24596.05. The Sensex is at 81427.54, up 0.58%. HDFC Bank Ltd has risen around 6.26% in last one month. Meanwhile, Nifty Bank index of which HDFC Bank Ltd is a constituent, has risen around 2.3% in last one month and is currently quoting at 53266.9, up 0.48% on the day. The volume in the stock stood at 77.16 lakh shares today, compared to the daily average of 258.41 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 1867.75, up 0.31% on the day. HDFC Bank Ltd is up 14.58% in last one year as compared to a 17.47% spurt in NIFTY and a 14.28% spurt in the Nifty Bank index.The PE of the stock is 21.58 based on TTM earnings ending September 24.Powered by Capital Market - Live
The Nifty December 2024 futures closed at 24,563, a premium of 95.55 points compared with the Nifty's closing 24,467.45 in the cash market. In the cash market, the Nifty 50 added 10.30 points or 0.04% to 24,467.45. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 0.53% to 14.45. HDFC Bank, Reliance Industries and Tata Motors were the top traded individual stock futures contracts in F&O segment of NSE. The December 2024 F&O contracts will expire on 26 December 2024. Powered by Capital Market - Live
The Nifty December 2024 futures closed at 24,534, a premium of 76.85 points compared with the Nifty's closing 24,457.15 in the cash market. In the cash market, the Nifty 50 jumped 181.10 points or 0.75% to 24,457.15. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, declined 2.22% to 14.37. HDFC Bank, Reliance Industries and Granules India were the top traded individual stock futures contracts in F&O segment of NSE. The December 2024 F&O contracts will expire on 26 December 2024. Powered by Capital Market - Live
HDFC Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 1824.85, up 1.12% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.63% on the day, quoting at 24428.3. The Sensex is at 80776.82, up 0.66%. HDFC Bank Ltd has risen around 6.46% in last one month. Meanwhile, Nifty Bank index of which HDFC Bank Ltd is a constituent, has risen around 2.8% in last one month and is currently quoting at 52109, up 1.04% on the day. The volume in the stock stood at 141.39 lakh shares today, compared to the daily average of 254.26 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 1830.7, up 0.84% on the day. HDFC Bank Ltd is up 13.39% in last one year as compared to a 18.09% spurt in NIFTY and a 13.39% spurt in the Nifty Bank index.The PE of the stock is 20.93 based on TTM earnings ending September 24.Powered by Capital Market - Live
The Nifty November 2024 futures closed at 24,205, a premium of 10.5 points compared with the Nifty's closing 24,194.50 in the cash market. In the cash market, the Nifty 50 lost 27.40 points or 0.11% to 24,194.50. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 0.01% to 15.31. HDFC Bank, Reliance Industries and Bharti Airtel and were the top traded individual stock futures contracts in F&O segment of NSE. The November 2024 F&O contracts will expire on 28 November 2024. Powered by Capital Market - Live
The Nifty November 2024 futures closed at 23,491.05, a discount of 27.45 points compared with the Nifty's closing 23,518.50 in the cash market. In the cash market, the Nifty 50 added 64.70 points or 0.28% to 23,518.50. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rallied 3.26% to 15.66. HDFC Bank, Reliance Industries and State Bank of India were the top traded individual stock futures contracts in F&O segment of NSE. The November 2024 F&O contracts will expire on 28 November 2024. Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 26.87%, vs industry avg of 16.68%
Increasing Market Share
Over the last 5 years, market share increased from 22.92% to 34.46%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 23.46%, vs industry avg of 43.24%