profit from every $100 of sales.
$0$100
HDFC Bank
$22.18+1.74% today
-39.9% in 1 year
1-year low $21.361-year high $37.13
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $16.09 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What HDFC Bank sold, what it kept, and what it did with the cash.
Sales went from ₹1.02 trillion in 2022 to ₹2.37 trillion in 2025, with ₹674 billion of profit last year.
SalesProfit
HDFC Bank handed back 14% of the cash it generated last year.
₹158.1B
Free cash flow 2025₹1.13T
Bought back its own shares–
Paid as dividends₹158.1B
Cash vs. debt₹3.22T vs. ₹7.33T
HDFC Bank vs. similar companies
HDFC Bank grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| HDFC Bank | 16.1× · Fair price | ||
 China Merchants Bank | 7.8× · Cheap | ||
 DBS | 19.0× · Fair price | ||
 UniCredit | 10.0× · Cheap | ||
 Mizuho Financial Group | 15.0× · Cheap |
AI analysis
An AI analyst reads HDFC Bank's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,019,414 | 1,205,375 | 1,986,934 | 2,371,508 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 386,000 | 495,447 | 622,657 | 673,508 | |
| 104.07 | 133.02 | 132.47 | 134.45 | |
| – | – | – | – | |
| – | – | – | – | |
| 37.9% | 41.1% | 31.3% | 28.4% |
Balance sheet
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 21,113,706 | 25,755,624 | 44,118,573 | 48,187,671 |
| Cash | 1,599,221 | 2,363,920 | 3,425,973 | 3,222,323 |
| Total debt | 2,186,639 | 3,151,793 | 8,093,552 | 7,326,106 |
| Total liabilities | 18,604,252 | 22,837,786 | 36,232,390 | 39,564,780 |
| 2,504,838 | 2,912,201 | 6,947,327 | 7,676,891 | |
| 3,709 | 1,862 | 4,738 | 5,106 | |
| – | – | – | – | |
| 15.4% | 17.0% | 9.0% | 8.8% |
Cash flow
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 581,018 | 477,201 | 1,022,322 | 1,195,617 | |
| 26,324 | 43,620 | 53,838 | 66,397 | |
| 554,694 | 433,580 | 968,484 | 1,129,220 | |
| Dividends paid | 36,239 | 86,394 | 86,617 | 158,058 |
| – | – | 2,300 | – | |
| 13,875 | 14,015 | 20,116 | 24,634 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 16.1×
- 0.1×
- 1.81
- 1.4×
- 4.6×
- 6.2%
- 1.8%
Profitability
- 28.4%
- 1.7%
- 6.3%
- 13.6%
- 1.5%
Growth
- +32.5%
- +8.9%
- –
- +11.2%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 21%of 456
Bottom 44%of 329
Bottom 39%of 916
Top 12%of 938
Top 25%of 921
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 18, 2026 | 0.43 | 0.39 | +10.3% |
| Jan 17, 2026 | 0.43 | 0.39 | +10.3% |
| Oct 18, 2025 | 0.44 | 0.36 | +22.2% |
| Jul 19, 2025 | 0.37 | 0.38 | −2.6% |
| Apr 19, 2025 | 0.43 | 0.37 | +16.2% |
| Jan 22, 2025 | 0.41 | 0.37 | +10.8% |
| Oct 19, 2024 | 0.43 | 0.38 | +13.0% |
| Jul 20, 2024 | 0.39 | 0.38 | +3.2% |
1.8%of the share price, paid each year
On $1,000 invested$18a year at today's yield, before tax
–per share
Raised4 yearsin a row, in our data
Paid per share, each year
$0.36 in 2015 → $1.12 in 2025
How safe it looks
23.5% of its profit
Room to growStretchedMore than it earns: 14.0%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass. Context about the kind of company it is, not a recommendation.
Warren Buffett
57No pass
Benjamin Graham
37No pass
Philip Fisher
56No pass
Peter Lynch
55No pass
Joel Greenblatt
14No pass
Charlie Munger
50No pass
Terry Smith
48No pass
Prices: daily closes to Oct 30, 2026. Fundamentals: company reports via invest-like data. invest-like is an educational tool and not investment advice.