HDFC Bank Ltd
HDFCBANKHDFC Bank Ltd
HDFCBANKPrice 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
BadThe stock is overpriced and 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 |
---|---|---|
19.12 | 2.77 | 1.14% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
18.47 | 2.57 | 0.77% |
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
Axis Bank Ltd
Kotak Mahindra Bank Ltd
Indusind Bank Ltd
Yes 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 | 4,63,969.97 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 3,81,270.72 | ||||||||||
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 | 82,699.25 | ||||||||||
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 | 82,699.25 | ||||||||||
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 | 82,699.25 | ||||||||||
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 | 14,532.74 | ||||||||||
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 | 68,166.51 | ||||||||||
EPS | 25.43 | 30.02 | 35.89 | 41.99 | 49.87 | 57.90 | 68.82 | 82.69 | 97.24 | 89.73 | ||||||||||
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 | 0.22 |
Company Updates
Investor Presentation
Investor Presentation
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
FinancialsPrivate Banks
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
HDFC Bank Ltd | 20.35 | 2.77 | 1.14% |
ICICI Bank Ltd | 20.57 | 3.37 | 0.77% |
Axis Bank Ltd | 14.57 | 2.44 | 0.08% |
Kotak Mahindra Bank Ltd | 20.43 | 2.86 | 0.11% |
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
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 2.51%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 7.04%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 1.69%
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 0.4649% | Percentage of the fund’s portfolio invested in the stock 7.98% | 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 2/96 (0) |
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 0.4467% | Percentage of the fund’s portfolio invested in the stock 6.10% | Change in the portfolio weight of the stock over the last 3 months -0.03% | 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 1/293 (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 0.4327% | Percentage of the fund’s portfolio invested in the stock 9.16% | Change in the portfolio weight of the stock over the last 3 months -0.67% | 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 2/55 (-1) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
Increasing Dividends
HDFCBANK has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 1.15%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.46 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
HDFC Bank Ltd gained for a third straight session today. The stock is quoting at Rs 1743, up 2.02% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.53% on the day, quoting at 25803.45. The Sensex is at 84485.2, up 1.56%. HDFC Bank Ltd has gained around 7.21% in last one month. Meanwhile, Nifty Bank index of which HDFC Bank Ltd is a constituent, has gained around 5.95% in last one month and is currently quoting at 53037.6, up 1.26% on the day. The volume in the stock stood at 105.94 lakh shares today, compared to the daily average of 238.5 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 1739.35, up 1.53% on the day. HDFC Bank Ltd is up 12.21% in last one year as compared to a 30.7% jump in NIFTY and a 20.35% jump in the Nifty Bank index.The PE of the stock is 20.03 based on TTM earnings ending June 24.Powered by Capital Market - Live
The Nifty September 2024 futures closed at 25,369.20, a discount of 8.35 points compared with the Nifty's closing 25,377.55 in the cash market. In the cash market, the Nifty 50 fell 41 points or 0.16% to 25,377.55 The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 6.21% to 13.37. HDFC Bank, ICICI Bank and State Bank of India were the top traded individual stock futures contracts in F&O segment of NSE. The September 2024 F&O contracts will expire on 26 September 2024. Powered by Capital Market - Live
HDFC Bank will hold a meeting of the Board of Directors of the Company on 19 October 2024.Powered by Capital Market - Live
The Nifty September 2024 futures closed at 25,363.50, a premium of 7 points compared with the Nifty's closing 25,356.50 in the cash market. In the cash market, the Nifty 50 rose 32.40 points or 0.13% to 25,356.50. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, declined 4.79% to 12.55. HDFC Bank, State Bank of India and Bajaj Finance were the top traded individual stock futures contracts in F&O segment of NSE. The September 2024 F&O contracts will expire on 26 September 2024. Powered by Capital Market - Live
The Nifty September 2024 futures closed at 25,251, a premium of 52.3 points compared with the Nifty's closing 25,198.70 in the cash market. In the cash market, the Nifty 50 fell 81.15 points or 0.32% to 25,198.70. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 3.86% to 14.38. HDFC Bank, ICICI Bank and Reliance Industries were the top traded individual stock futures contracts in F&O segment of NSE. The September 2024 F&O contracts will expire on 26 September 2024. Powered by Capital Market - Live
The Nifty September 2024 futures closed at 25,344.85, a premium of 65 points compared with the Nifty's closing 25,279.85 in the cash market. In the cash market, the Nifty 50 rose 1.15 points or 0.00% to 25,279.85. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 0.96% to 13.93. HDFC Bank, ICICI Bank and State Bank of India were the top traded individual stock futures contracts in F&O segment of NSE. The September 2024 F&O contracts will expire on 26 September 2024. Powered by Capital Market - Live
The Nifty September 2024 futures closed at 25,338.30, a premium of 59.6 points compared with the Nifty's closing 25,278.70 in the cash market. In the cash market, the Nifty 50 added 42.80 points or 0.17% to 25,278.70. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 4.98% to 14.06. HDFC Bank, Reliance Industries and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE. The September 2024 F&O contracts will expire on 26 September 2024. Powered by Capital Market - Live
The Nifty September 2024 futures closed at 25,398.45, a premium of 162.55 points compared with the Nifty's closing 25,235.90 in the cash market. In the cash market, the Nifty 50 rose 83.95 points or 0.33% to 25,235.90. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slipped 2.70% to 13.42. HDFC Bank, Reliance Industries and Bharti Airtel were the top traded individual stock futures contracts in F&O segment of NSE. The September 2024 F&O contracts will expire on 26 September 2024. Powered by Capital Market - Live
The Nifty August 2024 futures closed at 25,055, a premium of 2.65 points compared with the Nifty's closing 25,052.35 in the cash market. In the cash market, the Nifty 50 added 34.60 points or 0.14% to 25,052.35. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, gained 2.32% to 13.95. HDFC Bank, Reliance Industries and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE. The August 2024 F&O contracts will expire on 29 August 2024. Powered by Capital Market - Live
The Nifty August 2024 futures closed at 25,001, a discount of 16.75 points compared with the Nifty's closing 25,017.75 in the cash market. In the cash market, the Nifty 50 added 7.15 points or 0.03% to 25,017.75. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slipped 1.17% to 13.63. HDFC Bank, ICICI Bank and Larsen & Toubro were the top traded individual stock futures contracts in F&O segment of NSE. The August 2024 F&O contracts will expire on 29 August 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 17.21%
Increasing Market Share
Over the last 5 years, market share increased from 24.06% to 35.37%
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 31.67%