| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
HDFCBANK Overview
HDFC Bank Limited provides various banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai.
HDFC Bank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹1,559.95 |
| 52 Week High | ₹1,025.00 |
| 52 Week Low | ₹1,641.00 |
| Beta | 0.90 |
| 1 Month Change | 2.99% |
| 3 Month Change | 5.42% |
| 1 Year Change | 43.96% |
| 3 Year Change | 59.07% |
| 5 Year Change | 138.73% |
| Change since IPO | 45,916.50% |
Recent News & Updates
With EPS Growth And More, HDFC Bank (NSE:HDFCBANK) Is Interesting
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Shareholder Returns
| HDFCBANK | IN Banks | IN Market | |
|---|---|---|---|
| 7D | -0.6% | 3.5% | 2.0% |
| 1Y | 44.0% | 62.1% | 60.1% |
Return vs Industry: HDFCBANK underperformed the Indian Banks industry which returned 57.8% over the past year.
Return vs Market: HDFCBANK underperformed the Indian Market which returned 59.4% over the past year.
Price Volatility
| HDFCBANK volatility | |
|---|---|
| HDFCBANK Beta | 0.90 |
| Industry Beta | 1.01 |
| Market Beta | 1 |
Stable Share Price: HDFCBANK is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: HDFCBANK's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 123,473 | Sashi Jagdishan | 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.
HDFC Bank Fundamentals Summary
| HDFCBANK fundamental statistics | |
|---|---|
| Market Cap | ₹8.64t |
| Earnings (TTM) | ₹328.28b |
| Revenue (TTM) | ₹804.01b |
26.3x
P/E Ratio3.9x
P/B RatioIs HDFCBANK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HDFCBANK income statement (TTM) | |
|---|---|
| Revenue | ₹804.01b |
| Cost of Revenue | ₹0 |
| Gross Profit | ₹804.01b |
| Expenses | ₹475.73b |
| Earnings | ₹328.28b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 59.68 |
| Gross Margin | 100.00% |
| Net Profit Margin | 40.83% |
| Debt/Equity Ratio | 78.7% |
How did HDFCBANK perform over the long term?
See historical performance and comparisonDividends
0.4%
Current Dividend Yield11%
Payout RatioValuation
Is HDFC Bank undervalued compared to its fair value and its price relative to the market?
26.31x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HDFCBANK (₹1559.95) is trading above our estimate of fair value (₹296.28)
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 (26.3x) compared to the Indian Banks industry average (18.3x).
PE vs Market: HDFCBANK is poor value based on its PE Ratio (26.3x) compared to the Indian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: HDFCBANK is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: HDFCBANK is overvalued based on its PB Ratio (3.9x) compared to the IN Banks industry average (1x).
Future Growth
How is HDFC Bank forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
14.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HDFCBANK's forecast earnings growth (14.5% per year) is above the savings rate (6.8%).
Earnings vs Market: HDFCBANK's earnings (14.5% per year) are forecast to grow slower than the Indian market (18.4% 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
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 high quality earnings.
Growing Profit Margin: HDFCBANK's current net profit margins (40.8%) are higher than last year (39.8%).
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 (15.2%) is below its 5-year average (18.6% per year).
Earnings vs Industry: HDFCBANK earnings growth over the past year (15.2%) underperformed the Banks industry 26.5%.
Return on Equity
High ROE: HDFCBANK's Return on Equity (15%) is considered low.
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 (8.2x) is low.
Allowance for Bad Loans: HDFCBANK has a sufficient allowance for bad loans (203%).
Low Risk Liabilities: 85% 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 (1.4%).
Dividend
What is HDFC Bank current dividend yield, its reliability and sustainability?
0.42%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HDFCBANK's dividend (0.42%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: HDFCBANK's dividend (0.42%) is low compared to the top 25% of dividend payers in the Indian market (1.43%).
Stability and Growth of Payments
Stable Dividend: HDFCBANK's dividend payments have been volatile in the past 10 years.
Growing Dividend: HDFCBANK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.9%), HDFCBANK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Sashi Jagdishan (56 yo)
0.92
Tenure
₹65,833,285
Compensation
Mr. Sashidhar Jagdishan, also known as Sashi, has been Managing Director, Chief Executive Officer at HDFC Bank Ltd. since October 27, 2020. He serves as Director at HDFC Bank Limited since 2021 and served...
CEO Compensation Analysis
Compensation vs Market: Sashi's total compensation ($USD895.35K) is about average for companies of similar size in the Indian market ($USD1.19M).
Compensation vs Earnings: Sashi's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: HDFCBANK's management team is considered experienced (2.1 years average tenure).
Board Members
Experienced Board: HDFCBANK's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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 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: ₹8.637t
- Shares outstanding: 5.54b
- Website: https://www.hdfcbank.com
Number of Employees
Location
- HDFC Bank Limited
- HDFC Bank House
- Senapati Bapat Marg
- Mumbai
- Maharashtra
- 400013
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 15:24 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/03/31 |
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.