HDFC Bank Limited

NSEI:HDFCBANK Stock Report

Market Cap: ₹14.7t

HDFC Bank Past Earnings Performance

Past criteria checks 2/6

HDFC Bank has been growing earnings at an average annual rate of 20.6%, while the Banks industry saw earnings growing at 37.4% annually. Revenues have been growing at an average rate of 32.4% per year. HDFC Bank's return on equity is 13.6%, and it has net margins of 25.9%.

Key information

20.6%

Earnings growth rate

12.9%

EPS growth rate

Banks Industry Growth38.0%
Revenue growth rate32.4%
Return on equity13.6%
Net Margin25.9%
Last Earnings Update31 Mar 2025

Recent past performance updates

Recent updates

author-image

Strategic Innovations And Enhanced Profit Margins Propel Growth In Dynamic Banking Landscape

Nov 07 Strategic focus on boosting credit growth and reducing CD ratio could enhance revenue and earnings by leveraging improved liquidity conditions.

Revenue & Expenses Breakdown

How HDFC Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NSEI:HDFCBANK Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 252,728,471707,923341,3580
31 Dec 242,702,592695,798503,9020
30 Sep 242,761,061691,810497,3270
30 Jun 242,663,374681,665490,0240
31 Mar 242,288,379640,620466,6450
31 Dec 231,933,224590,341382,1570
30 Sep 231,565,269544,746356,3300
30 Jun 231,206,281487,884213,6120
31 Mar 231,130,321459,971311,3330
31 Dec 221,063,617438,457275,8430
30 Sep 221,008,132417,388264,2800
30 Jun 22960,154397,098257,2770
31 Mar 22911,858380,528247,6460
31 Dec 21875,561360,435230,8730
30 Sep 21828,142335,679238,7760
30 Jun 21804,006328,281218,3970
31 Mar 21777,974318,332214,9700
31 Dec 20752,659306,796202,4930
30 Sep 20774,294323,507204,5360
30 Jun 20715,435285,051199,7000
31 Mar 20712,309272,540196,8650
31 Dec 19698,242262,745186,7940
30 Sep 19665,892239,671196,7420
30 Jun 19646,879232,001174,0840
31 Mar 19620,129223,324168,5910
31 Dec 18585,962210,156157,6020
30 Sep 18561,237206,261157,9170
30 Jun 18543,546193,450120,3370
31 Mar 18523,911185,100151,3730
31 Dec 17481,142172,09969,6770
30 Sep 17477,325169,916149,4990
30 Jun 17459,245161,086144,7220
31 Mar 17441,166152,256139,9460
31 Dec 16422,287144,819133,4260
30 Sep 16403,409137,382126,9050
30 Jun 16388,419132,697119,1130
31 Mar 16373,429128,013111,3200
31 Dec 15355,511122,182109,8750
30 Sep 15337,593116,351108,4290
30 Jun 15322,081111,620100,7490
31 Mar 15306,570106,88993,0690
31 Dec 14293,499101,39492,3900
30 Sep 14280,42895,90091,7100
30 Jun 14268,61691,66786,8670

Quality Earnings: HDFCBANK has high quality earnings.

Growing Profit Margin: HDFCBANK's current net profit margins (25.9%) are lower than last year (28%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HDFCBANK's earnings have grown significantly by 20.6% per year over the past 5 years.

Accelerating Growth: HDFCBANK's earnings growth over the past year (10.5%) is below its 5-year average (20.6% per year).

Earnings vs Industry: HDFCBANK earnings growth over the past year (10.5%) did not outperform the Banks industry 11.6%.

Return on Equity

High ROE: HDFCBANK's Return on Equity (13.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/30 08:28
End of Day Share Price 2025/04/30 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

HDFC Bank Limited is covered by 78 analysts. 40 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Pankaj AgarwalAmbit Capital
Jignesh ShialAmbit Capital