HDB · Hdfc Bank Ltd - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $25.64B | $22.24B | $13.76B | $11.76B | $10.70B | $8.94B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - |
| Operating Income | $10.08B | $8.46B | $8.06B | $6.84B | $6.01B | $4.85B |
| Interest Expense | - | $18.41B | $9.44B | $7.70B | $8.10B | $8.20B |
| Income Tax | $2.05B | $933.90M | $2.02B | $1.75B | $1.56B | $1.40B |
| Net Income | $7.88B | $7.47B | $6.03B | $5.09B | $4.46B | $3.45B |
| EPS - Basic | $0.53 | $0.53 | $0.54 | $0.46 | $0.41 | $0.32 |
| EPS - Diluted | $0.52 | $0.53 | $0.54 | $0.46 | $0.40 | $0.31 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $23.21B | $25.03B | $16.88B | $14.79B | $12.72B | $8.12B |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $564.06B | $529.38B | $313.37B | $278.29B | $245.83B | $211.72B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $68.67B | $79.78B | $25.00B | $20.49B | $16.06B | $13.62B |
| Total Liabilities | $463.13B | $434.75B | $277.87B | $245.21B | $216.25B | $186.57B |
| Stockholders' Equity | $89.86B | $83.36B | $35.43B | $33.01B | $29.53B | $25.11B |
| Retained Earnings | - | - | - | - | - | - |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $14.00B | $12.27B | $5.81B | $7.66B | $12.60B | $2.27B |
| Investing Cash Flow | ($43.50B) | ($44.07B) | ($53.45B) | ($43.53B) | ($34.47B) | ($28.52B) |
| Financing Cash Flow | $28.32B | $40.16B | $50.78B | $38.38B | $26.23B | $24.48B |
| CapEx | $777.20M | $646.00M | $530.70M | $347.00M | $243.50M | $242.70M |
| Free Cash Flow | $13.22B | $11.62B | $5.28B | $7.31B | $12.36B | $2.03B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 39.3% | 38.1% | 58.6% | 58.2% | 56.2% | 54.3% |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | 30.8% | 33.6% | 43.8% | 43.3% | 41.7% | 38.6% |
| Free cash flow margin | 51.6% | 52.2% | 38.3% | 62.2% | 115.5% | 22.7% |
| FCF / Net income | 1.68 | 1.56 | 0.88 | 1.44 | 2.77 | 0.59 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 20.6% | 11.1% | 25.1% | 25.6% | 25.9% | 28.8% |
| Return on assets | 1.4% | 1.4% | 1.9% | 1.8% | 1.8% | 1.6% |
| Return on equity | 8.8% | 9.0% | 17.0% | 15.4% | 15.1% | 13.7% |
| Return on invested capital | 5.0% | 4.6% | 10.0% | 9.5% | 9.8% | 8.9% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 0.76 | 0.96 | 0.71 | 0.62 | 0.54 | 0.54 |
| Debt / Assets | 0.12 | 0.15 | 0.08 | 0.07 | 0.07 | 0.06 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | 0.5x | 0.9x | 0.9x | 0.7x | 0.6x |
| Equity multiplier | 6.28 | 6.35 | 8.84 | 8.43 | 8.33 | 8.43 |
| Liabilities / Assets | 0.82 | 0.82 | 0.89 | 0.88 | 0.88 | 0.88 |
| Efficiency | ||||||
| Asset turnover | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 63.9x | 53.3x | 62.3x | 67.4x | 97.1x | 62.0x |
| P / B | 2.8x | 2.4x | 5.3x | 5.2x | 7.3x | 4.2x |
| P / S | 9.9x | 8.9x | 13.5x | 14.5x | 20.1x | 11.8x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 15.2% | 61.6% | 17.0% | 10.0% | 19.6% | 3.9% |
| Revenue CAGR (3y) | 29.7% | 27.6% | 15.5% | 11.0% | 11.1% | 11.0% |
| Revenue CAGR (5y) | 23.4% | 20.9% | 12.0% | 12.5% | 14.0% | 13.3% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 19.1% | 5.0% | 17.8% | 13.8% | 23.9% | -1.3% |
| Net income growth (YoY) | 5.5% | 23.9% | 18.5% | 14.1% | 29.1% | 8.5% |
| EPS growth (YoY) | -1.0% | -1.9% | 17.6% | 13.7% | 29.0% | -73.7% |
| EPS CAGR (3y) | 4.6% | 9.5% | 19.9% | -27.2% | -27.5% | -28.3% |
| EPS CAGR (5y) | 10.9% | -15.0% | -12.6% | -11.5% | -10.6% | -13.8% |
| FCF growth (YoY) | 13.7% | 120.3% | -27.8% | -40.8% | 509.4% | -16.0% |
| FCF CAGR (5y) | 45.5% | 36.9% | 32.2% | 5.3% | 38.6% | 4.7% |
| Book value growth (YoY) | 7.8% | 135.3% | 7.3% | 11.8% | 17.6% | 6.4% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Commercial Banks, NEC
Comparing HDFC BANK LTD against the 5 most active filers in the same SIC group.
Dividends
$0.46/share trailing 12 months · +32.9% YoY
| Ex-date | Per share |
|---|---|
| Aug 11, 2025 | $0.3755 |
| Jul 31, 2025 | $0.0870 |
| Aug 12, 2024 | $0.3480 |
| Aug 14, 2023 | $0.3420 |
| May 12, 2023 | $0.3485 |
| Jul 19, 2022 | $0.2900 |
| May 11, 2022 | $0.3040 |
| Jul 20, 2021 | $0.1310 |
| Jun 28, 2021 | $0.1315 |
| Jul 31, 2019 | $0.0545 |
| Jun 19, 2019 | $0.1615 |
| Jun 1, 2018 | $0.1432 |
| Jun 27, 2017 | $0.1283 |
| Jun 27, 2016 | $0.1057 |
| Jun 30, 2015 | $0.0935 |
| Jun 26, 2014 | $0.0875 |
| Jun 11, 2013 | $0.0765 |
| Jun 26, 2012 | $0.0612 |
| May 31, 2011 | $0.0556 |
| Jun 9, 2010 | $0.0405 |
| Jun 22, 2009 | $0.0300 |
| Apr 25, 2008 | $0.0317 |
| May 16, 2007 | $0.0256 |
| May 10, 2006 | $0.0183 |