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HDB stock logo

HDB

HDFC Bank Limited

$24.83
-0.07
 (-0.28%)
Exchange:  NYSE
Market Cap:  127.361B
Shares Outstanding:  795.466M
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Banks – Regional
   
CEO:  Sashidhar Jagdishan
Full Time Employees:  214521
Address: 
HDFC Bank House
Mumbai
400013
IN
Website:  https://www.hdfcbank.com
HDFC Bank Limited provides various banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. It operates in Treasury, Retail Banking, Wholesale Banking, Other Banking Business, and Unallocated segments. The company accepts savings, salary, current, rural, public provident fund, pension, and Demat accounts; fixed and recurring deposits; and safe deposit lockers; as well as offshore accounts and deposits, overdrafts against fixed deposits, and sweep-in facilities. It also provides personal, home, car, two wheeler, business, educational, gold, consumer, and rural loans; loans against properties, securities, rental receivables, and assets; loans for professionals; government sponsored programs; and loans on credit card, as well as working capital and commercial/construction equipment finance, healthcare/medical equipment and commercial vehicle finance, dealer finance, and term and professional loans. The company offers credit, debit, prepaid, and forex cards; payment and collection, export, import, remittance, bank guarantee, letter of credit, trade, hedging, and merchant and cash management services; insurance and investment products. It provides short term finance, bill discounting, structured finance, export credit, loan syndication, and documents collection services; online and wholesale, mobile, and phone banking services; unified payment interface, immediate payment, national electronic funds transfer, and real time gross settlement services; and channel financing, vendor financing, reimbursement account, money market, derivatives, employee trusts, cash surplus corporates, tax payment, and bankers to rights/public issue services, as well as financial solutions for supply chain partners and agricultural customers. As of March 31, 2022, the company had 21,683 banking outlets; 6,342 branches; and 18,130 automated teller machines in 3,188 cities/towns. HDFC Bank Limited was incorporated in 1994 and is based in Mumbai, India.

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Revenue Segmentation

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EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2026/01/17 — 3 quarter 2026

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue1,980,913,2003,520,857,1004,194,985,200
Gross Profit1,131,161,2001,853,871,2002,190,128,100
EBITDA685,871,500757,807,300924,567,500
Operating Income662,381,800705,459,000861,546,200
Net Income495,446,900622,656,600673,508,300

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets25,755,624,00044,118,573,00043,924,174,200
Total Liabilities22,837,786,10036,232,390,20038,542,689,900
Total Stockholders Equity2,912,200,7004,563,952,5005,217,893,900
Total Debt3,241,992,8008,093,552,1006,346,055,700
Cash and Cash Equivalents2,363,920,2003,425,973,3003,222,323,100

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow477,200,600190,693,400-2,067,691,100
Capital Expenditure-43,620,300-42,867,200-40,758,900
Free Cash Flow433,580,300147,826,200-2,108,450,000
Net Income496,264,400751,841,400707,922,500
Net Change in Cash265,364,100698,636,200211,133,900

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2029Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)2,232,150,295.993Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)3,455,558,903.096Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)2,843,859,782.240Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)630,723,537.646Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)976,413,792.484Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)803,570,129.504Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)809,398,815.423Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)1,437,764,371.743Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)1,123,584,249.733Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)505,270,805.542Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)782,202,270.923Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)643,737,711.390Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)219.970Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)281.470Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)158.460Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)11Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)1Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
48.415B  ?P/S
 (TTM)
: 
2.23
?Net Income
 (TTM)
: 
7.738B  ?P/E
 (TTM)
: 
16.25
?Enterprise Value
 (TTM)
: 
15.794T  ?EV/FCF
 (TTM)
: 
0
?Dividend Yield
 (TTM)
: 
0.02  ?Payout Ratio
 (TTM)
: 
0
?ROE
 (TTM)
: 
0.13  ?ROIC
 (TTM)
: 
0.02
?Net Debt
 (TTM)
: 
49.33B  ?Debt/Equity
 (TTM)
: 
1.09
?P/B
 (TTM)
: 
2.04  ?Current Ratio
 (TTM)
: 
0

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
15.27Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.


Calculate HDB Intrinsic Value

Common questions about HDB valuation

Is HDFC Bank Limited (HDB) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for HDFC Bank Limited (HDB) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is HDB a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether HDB trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is HDB’s P/E ratio?

You can see HDB’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for HDB?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is HDB a good long-term investment?

Whether HDB fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

HDB

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

-0.28
MARKETSnap

Trading Metrics:

Open: 24.56   Previous Close: 24.9
Day Low: 24.55   Day High: 25.24
Year Low: 23.91   Year High: 39.81
Price Avg 50: 30.26   Price Avg 200: 34.74
Volume: 6.321M   Average Volume: 9.03M

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See in Nexus

Relevant news

HDFC Bank: Q4 Outperformance Is Overshadowed By Policy Headwinds
06-04-2026 13:04
HDFC Bank: Q4 Outperformance Is Overshadowed By Policy Headwinds
HDFC Bank chairman's sudden exit exposes leadership strains at top Indian lender
30-03-2026 03:41
HDFC Bank chairman's sudden exit exposes leadership strains at top Indian lender
India's HDFC Bank says chairman exit may be over rift with management; stock falls
19-03-2026 03:01
India's HDFC Bank says chairman exit may be over rift with management; stock falls
American Century Companies Inc. Buys 1,822,083 Shares of HDFC Bank Limited $HDB
03-03-2026 03:08
American Century Companies Inc. Buys 1,822,083 Shares of HDFC Bank Limited $HDB
Artisan Partners Limited Partnership Purchases 2,535,018 Shares of HDFC Bank Limited $HDB
27-02-2026 03:27
Artisan Partners Limited Partnership Purchases 2,535,018 Shares of HDFC Bank Limited $HDB
QuestDB Supports HDFC Bank's Real-Time Transaction Monitoring and Risk Analytics
16-02-2026 09:00
QuestDB Supports HDFC Bank's Real-Time Transaction Monitoring and Risk Analytics

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