HDFC Bank

Bank - Private
₹703
-0.60%
Prev close ₹707.25
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HDFC Bank Share Price Chart

HDFC Bank last traded at ₹703.00 (2026-10-13). Over the past month the stock moved +1.3%, three months the stock moved -9.7%, year the stock moved -27.3%. Its closing range over 52 weeks is ₹687.25 – ₹1,007.60, with the latest close 30.2% below the high.

Closing prices up to 2026-10-13.

About HDFC Bank

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]

Market Position The company is India's one of 3 systemically important banks with a 15% market share in the banking sector’s advances and a 37% market share in the private sector banks’ advances as of FY24. It is also the second-largest bank in India. [1] It is among the top 3 Government Banks collecting direct and indirect taxes for the Government of India. [2] It is a market leader in almost every asset category. [3]

Fundamentals

Market Cap₹1134360.80 Cr
52W High₹1020.35
52W Low₹682
P/E Ratio14.36
P/B Ratio1.88
EPS₹51.25
Dividend Yield2.11%
ROE (3yr)15%
Sales Growth (3yr)27%
Profit Growth (3yr)18%

Quarterly Results

In the latest quarter (Jun 2026), HDFC Bank reported sales of ₹90,575.00 crore (+3.7%) and net profit of ₹20,383.00 crore (+19.3%), compared with the same quarter last year.

HDFC Bank quarterly results (₹ crore)
PeriodSalesOperating profitOPM %Net profitEPS (₹)
Jun 202690,575-15,342-17.0020,38312.50
Mar 202687,182-2,066-2.0021,07413.22
Dec 202587,067-12,899-15.0020,69112.87
Sep 202586,994-4,908-6.0020,36412.76
Jun 202587,372-24,833-28.0017,09010.60
Mar 202586,779-7,916-9.0019,28512.31
Dec 202485,040-3,181-4.0018,34011.54
Sep 202483,002-14,487-17.0018,62711.68
Year-on-year change vs the same quarter last year
Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales growth+10.6%+9.0%+9.2%+7.1%+4.8%+2.4%+0.5%+3.7%
Operating profit growth––––––––
Net profit growth+7.6%+3.5%+7.1%-0.6%+9.3%+12.8%+9.3%+19.3%
EPS growth+5.3%+1.5%+6.1%-2.1%+9.2%+11.5%+7.4%+17.9%
OPM %-17.0%-4.0%-9.0%-28.0%-6.0%-15.0%-2.0%-17.0%

Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.

Annual Financials

In the latest year (Mar 2026), HDFC Bank reported sales of ₹348,615.00 crore (+3.6%) and net profit of ₹79,219.00 crore (+7.9%), compared with the previous year.

HDFC Bank annual profit & loss (₹ crore)
PeriodSalesOperating profitOPM %Net profitEPS (₹)
Mar 2026348,615-44,706-13.0079,21949.39
Mar 2025336,367-38,306-11.0073,44092.51
Mar 2024283,649-44,685-16.0065,44684.33
Mar 2023170,75429,93218.0046,14982.44
Mar 2022135,93620,79515.0038,15168.62
Mar 2021128,55216,84813.0031,85757.74
Mar 2020122,18914,59312.0027,29649.70
Mar 2019105,16116,59216.0022,44641.00
Year-on-year change vs the previous year
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales growth+23.3%+16.2%+5.2%+5.7%+25.6%+66.1%+18.6%+3.6%
Operating profit growth+24.1%-12.0%+15.5%+23.4%+43.9%-249.3%––
Net profit growth+20.9%+21.6%+16.7%+19.8%+21.0%+41.8%+12.2%+7.9%
EPS growth+15.0%+21.2%+16.2%+18.8%+20.1%+2.3%+9.7%-46.6%
OPM %16.0%12.0%13.0%15.0%18.0%-16.0%-11.0%-13.0%

Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.

AI Analysis

Recommendation: Hold

HDFC Bank is trading at ₹819.45, down 16% YoY and 19.7% below its 52-week high of ₹1,020.35, reflecting valuation reset despite solid fundamentals. Net profit declined 3.3% QoQ to ₹20,383 Cr (Jun 2026), though annual profit of ₹79,219 Cr and ROE of 13.5% remain respectable; NIM at 3.5% is at the threshold of 'Average' for private banks, signalling margin pressure from competitive deposit-gathering. Debt-to-Equity has improved significantly from 1.60 (Mar 2024) to 1.00 (Mar 2026), and FII holding decline (-2.23% QoQ) combined with deposit mobilisation strategy ($750M FCNR-B) suggest management focus on liability management over rapid growth.

Key Strengths:
  • Strong balance sheet deleveraging: D/E improved from 1.60 (Mar 2024) to 1.00 (Mar 2026), reducing refinancing risk and interest burden amid RBI tightening cycle.
  • Robust cash flow generation: Operating cash flow of ₹113,506 Cr (Mar 2026) exceeds net profit by 43%, confirming high-quality earnings and funding capacity for growth without dilution.
  • Compounder credentials intact: 5-year sales CAGR of 22% and profit CAGR of 19% with sustained ROE of 15% demonstrate consistent value creation across market cycles, now trading at valuation discount.
Key Risks:
  • Net profit momentum weakening: Quarterly profit declined 3.3% QoQ (Jun 2026: ₹20,383 Cr vs Mar 2026: ₹21,074 Cr) while NIM compression at 3.5% (average threshold) signals margin pressure from competitive CASA gathering; potential for sustained margin erosion if rate cycle shifts.
  • FII outflow headwind: Foreign institutional holding declined 2.23% QoQ to 41.82%, coupled with muted domestic institutional support (DII +1.61%), indicating weak conviction and potential for continued valuation compression if earnings growth stalls below 10%.

AI-generated analysis for informational purposes only — not SEBI-registered investment advice.

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Frequently Asked Questions

What is HDFC Bank's current stock price?

HDFC Bank shares were last quoted at ₹703.00 (-0.6% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.

What is the P/E ratio of HDFC Bank?

HDFC Bank has a price-to-earnings (P/E) ratio of 14.36 and a price-to-book (P/B) ratio of 1.88. The industry P/E is 18.25.

What is the 52-week high and low of HDFC Bank?

The 52-week high of HDFC Bank is ₹1,020.35 and the 52-week low is ₹682.00.

What is the market cap of HDFC Bank?

The market capitalisation of HDFC Bank is about ₹1,134,360.80 crore.

How did HDFC Bank perform in its latest quarterly results?

In the latest quarter (Jun 2026), HDFC Bank reported sales of ₹90,575.00 crore (+3.7%) and net profit of ₹20,383.00 crore (+19.3%), compared with the same quarter last year.

Is HDFC Bank a good stock to buy?

This page is for information and is not investment advice. As per the data shown here, HDFC Bank has a 3-year ROE of 15.00%, 3-year profit growth of 18.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.

Which sector does HDFC Bank belong to?

HDFC Bank belongs to the Bank - Private sector.

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