HDFC Bank
Market Cap
₹6.6t
Last Updated
2020/10/19 12:46 UTC
Data Sources
Company Financials +
Executive Summary
HDFC Bank Limited provides various banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with proven track record.
Similar Companies
Share Price & News
How has HDFC Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HDFCBANK has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.8%
HDFCBANK
1.7%
IN Banks
-0.6%
IN Market
1 Year Return
-2.1%
HDFCBANK
-20.6%
IN Banks
2.2%
IN Market
Return vs Industry: HDFCBANK exceeded the Indian Banks industry which returned -22.7% over the past year.
Return vs Market: HDFCBANK underperformed the Indian Market which returned 1.1% over the past year.
Shareholder returns
| HDFCBANK | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.8% | 1.7% | -0.6% |
| 30 Day | 13.8% | 8.2% | 0.2% |
| 90 Day | 5.7% | 2.7% | 6.7% |
| 1 Year | -2.1%-2.1% | -20.6%-20.6% | 3.9%2.2% |
| 3 Year | 31.1%29.2% | -36.1%-36.8% | 2.6%-2.4% |
| 5 Year | 125.1%118.5% | -12.9%-14.8% | 41.3%30.8% |
Price Volatility Vs. Market
How volatile is HDFC Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
What Kind Of Shareholder Owns Most HDFC Bank Limited (NSE:HDFCBANK) Stock?1 year ago | Simply Wall St
Should You Worry About HDFC Bank Limited's (NSE:HDFCBANK) CEO Pay Cheque?1 year ago | Simply Wall St
How Many HDFC Bank Limited (NSE:HDFCBANK) Shares Have Insiders Sold, In The Last Year?Valuation
Is HDFC Bank undervalued compared to its fair value and its price relative to the market?
22.31x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HDFCBANK (₹1203.55) is trading above our estimate of fair value (₹267.94)
Significantly Below Fair Value: HDFCBANK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HDFCBANK is poor value based on its PE Ratio (22.3x) compared to the IN Banks industry average (15.7x).
PE vs Market: HDFCBANK is poor value based on its PE Ratio (22.3x) compared to the Indian market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: HDFCBANK is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: HDFCBANK is overvalued based on its PB Ratio (3.4x) compared to the IN Banks industry average (0.7x).
Next Steps
Future Growth
How is HDFC Bank forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
18.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HDFCBANK's forecast earnings growth (18.6% per year) is above the savings rate (7.2%).
Earnings vs Market: HDFCBANK's earnings (18.6% per year) are forecast to grow slower than the Indian market (25.4% per year).
High Growth Earnings: HDFCBANK's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if HDFCBANK's revenue is forecast to grow faster than the Indian market.
High Growth Revenue: Insufficient data to determine if HDFCBANK's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HDFCBANK's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has HDFC Bank performed over the past 5 years?
18.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HDFCBANK has a high level of non-cash earnings.
Growing Profit Margin: HDFCBANK's current net profit margins (40.5%) are higher than last year (36%).
Past Earnings Growth Analysis
Earnings Trend: HDFCBANK's earnings have grown by 18.6% per year over the past 5 years.
Accelerating Growth: HDFCBANK's earnings growth over the past year (23.2%) exceeds its 5-year average (18.6% per year).
Earnings vs Industry: HDFCBANK earnings growth over the past year (23.2%) exceeded the Banks industry -0.3%.
Return on Equity
High ROE: HDFCBANK's Return on Equity (15.4%) is considered low.
Next Steps
Financial Health
How is HDFC Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: HDFCBANK's Assets to Equity ratio (8.6x) is low.
Allowance for Bad Loans: HDFCBANK has a sufficient allowance for bad loans (105%).
Low Risk Liabilities: 84% of HDFCBANK's liabilities are made up of primarily low risk sources of funding.
Loan Level: HDFCBANK has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: HDFCBANK's Loans to Deposits ratio (89%) is appropriate.
Level of Bad Loans: HDFCBANK has an appropriate level of bad loans (1%).
Next Steps
Dividend
What is HDFC Bank current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HDFCBANK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HDFCBANK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HDFCBANK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HDFCBANK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HDFCBANK is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HDFCBANK's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Aditya Puri (69 yo)
26.08yrs
Tenure
₹189,217,065
Compensation
Mr. Aditya Puri has been the Managing Director and a Director of HDFC Bank Limited since September 1994. Mr. Puri was the Chief Executive Officer of Citibank, Malaysia from 1992 to 1994. He has many of exp ...
CEO Compensation Analysis
Compensation vs Market: Aditya's total compensation ($USD2.58M) is above average for companies of similar size in the Indian market ($USD1.42M).
Compensation vs Earnings: Aditya's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 26.08yrs | ₹189.22m | 0.052% ₹ 3.4b | |
| Chief Financial Officer | 1.17yrs | ₹27.01m | 0% ₹ 0 | |
| Head of Finance | no data | ₹29.18m | 0.029% ₹ 1.9b | |
| Chief Compliance Officer | 2.33yrs | ₹5.78m | 0.000020% ₹ 1.3m | |
| Executive Director | 6.83yrs | ₹86.42m | 0.039% ₹ 2.6b | |
| Head of Operations | no data | no data | 0.0084% ₹ 555.1m | |
| Group Head of Investment Banking | no data | no data | 0% ₹ 0 | |
| Investor Relation Contact | no data | no data | no data | |
| Head of Corporate Communication | no data | no data | 0.00075% ₹ 49.5m | |
| Group Head of Payments | no data | no data | 0.00053% ₹ 35.0m | |
| Group Head of Equities | no data | no data | 0% ₹ 0 | |
| Group Head & Chief Risk Officer | no data | no data | 0.033% ₹ 2.2b |
2.3yrs
Average Tenure
55yo
Average Age
Experienced Management: HDFCBANK's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 26.08yrs | ₹189.22m | 0.052% ₹ 3.4b | |
| Executive Director | 6.83yrs | ₹86.42m | 0.039% ₹ 2.6b | |
| Additional Non-Executive Director | 0.58yr | ₹150.00k | 0.011% ₹ 714.2m | |
| Independent Part-Time Non-Executive Chairperson | 5.75yrs | ₹6.40m | no data | |
| Independent Non-Executive Director | 2.25yrs | ₹3.30m | no data | |
| Independent Non-Executive Director | 4.58yrs | ₹3.10m | no data | |
| Independent Non-Executive Director | 1.75yrs | ₹3.65m | no data | |
| Independent Non-Executive Director | 1.75yrs | ₹3.10m | no data | |
| Independent Non-Executive Director | 5.58yrs | ₹4.35m | no data | |
| Non-Executive Director | 4.08yrs | ₹3.75m | no data | |
| Non Executive & Non Independent Director | 0.17yr | no data | no data |
4.1yrs
Average Tenure
60yo
Average Age
Experienced Board: HDFCBANK's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HDFCBANK insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
HDFC Bank Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: HDFC Bank Limited
- Ticker: HDFCBANK
- Exchange: NSEI
- Founded: 1994
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₹6.601t
- Shares outstanding: 5.50b
- Website: https://www.hdfcbank.com
Location
- HDFC Bank Limited
- HDFC Bank House
- Senapati Bapat Marg
- Mumbai
- Maharashtra
- 400013
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500180 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Nov 1995 |
| HDFCBANK | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Nov 1995 |
| HDB | NYSE (New York Stock Exchange) | SPON ADS EACH REP 3 ORD SHS | US | USD | Jul 2001 | |
| HDFA | DB (Deutsche Boerse AG) | SPON ADS EACH REP 3 ORD SHS | DE | EUR | Jul 2001 | |
| HDB N | BMV (Bolsa Mexicana de Valores) | SPON ADS EACH REP 3 ORD SHS | MX | MXN | Jul 2001 | |
| 600180 | BSE (Mumbai Stock Exchange) | INR2(FOREIGN PREMIUM) | IN | INR | Jun 2015 |
Biography
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 Ba ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/19 12:46 |
| End of Day Share Price | 2020/10/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.