(HDB) HDFC Bank - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NYSE (USA) | Market Cap: 122.041m USD | Total Return: -36% in 12m
Avg Turnover: 192M
EPS Trend: 88.9%
Qual. Beats: 0
Rev. Trend: 87.1%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
HDFC Bank Limited is a major financial institution headquartered in Mumbai, providing a comprehensive range of retail, wholesale, and treasury banking services. Its operations extend across India and into international financial hubs including Dubai, Singapore, and Hong Kong. The bank’s business model relies heavily on a diverse credit portfolio, spanning consumer loans, agricultural finance, and commercial vehicle funding.
Operating within the Indian banking sector, HDFC Bank benefits from a high-growth emerging market characterized by increasing digital payment adoption and rising credit penetration among the middle class. As a diversified bank, it generates revenue through net interest income from lending and fee-based income from insurance, investment products, and trade services. For a deeper dive into these revenue streams and valuation metrics, consider reviewing the latest data on ValueRay.
The company maintains a vast physical infrastructure of branches and ATMs while simultaneously offering digital solutions such as UPI and mobile banking to capture the shift toward paperless transactions. Since its incorporation in 1994, it has expanded into specialized segments including custodial services, structured finance, and supply chain solutions for corporate clients.
- Post-merger credit-to-deposit ratio normalization dictates net interest margin recovery trajectory
- Reserve Bank of India regulatory oversight impacts unsecured retail lending growth
- Indian infrastructure development and corporate expansion drive wholesale banking revenue
- Digital banking adoption and branch expansion strategy influence operating cost efficiency
- Indian macroeconomic growth and interest rate cycles determine asset quality trends
| Net Income: 768b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 1.01 > 1.0 |
| NWC/Revenue: 61.13% < 20% (prev -497.3%; Δ 558.4% < -1%) |
| CFO/TA 0.04 > 3% & CFO 1764b > Net Income 768b |
| Net Debt (3255b) to EBITDA (1076b): 3.02 < 3 |
| Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities) |
| Outstanding Shares: last quarter (1.72b) vs 12m ago -33.04% < -2% |
| Gross Margin: 57.20% > 18% (prev 48.48%; Δ 8.72% > 0.5%) |
| Asset Turnover: 10.87% > 50% (prev 8.86%; Δ 2.01% > 0%) |
| Interest Coverage Ratio: 0.55 > 6 (EBIT TTM 1032b / Interest Expense TTM 1873b) |
| A: 0.06 (Total Current Assets 3058b - Total Current Liabilities 0.0) / Total Assets 48109b |
| B: 0.12 (Retained Earnings 5590b / Total Assets 48109b) |
| C: 0.02 (EBIT TTM 1032b / Avg Total Assets 46016b) |
| D: 0.14 (Book Value of Equity 5745b / Total Liabilities 42145b) |
| Altman-Z'' = 1.09 = BB |
As of June 04, 2026, the stock is trading at USD 23.54 with a total of 6,703,478 shares traded.
Over the past week, the price has changed by -5.08%,
over one month by -5.27%,
over three months by -25.41% and
over the past year by -35.97%.
HDFC Bank has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy HDB.
- StrongBuy: 3
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 34.4 | 46.3% |
P/E Trailing = 16.8653
P/E Forward = 17.3611
P/S = 0.0431
P/B = 1.5358
P/EG = 1.0118
Revenue TTM = 5001b USD
EBIT TTM = 1032b USD
EBITDA TTM = 1076b USD
Long Term Debt = 6158b USD (from longTermDebt, two quarters ago)
Short Term Debt = unknown (none)
Debt = 6312b USD (corrected: LT Debt 6158b + ST Debt none) + Leases 154b
Net Debt = 3255b USD (calculated: Debt 6312b - CCE 3058b)
Enterprise Value = 3377b USD (122b + Debt 6312b - CCE 3058b)
Interest Coverage Ratio = 0.55 (Ebit TTM 1032b / Interest Expense TTM 1873b)
EV/FCF = 1.96x (Enterprise Value 3377b / FCF TTM 1723b)
FCF Yield = 51.02% (FCF TTM 1723b / Enterprise Value 3377b)
FCF Margin = 34.44% (FCF TTM 1723b / Revenue TTM 5001b)
Net Margin = 15.36% (Net Income TTM 768b / Revenue TTM 5001b)
Gross Margin = 57.20% ((Revenue TTM 5001b - Cost of Revenue TTM 2141b) / Revenue TTM)
Gross Margin QoQ = 58.38% (prev 61.05%)
Tobins Q-Ratio = 0.07 (Enterprise Value 3377b / Total Assets 48109b)
Interest Expense / Debt = 29.67% (Interest Expense 1873b / Debt 6312b)
Taxrate = 22.46% (232b / 1032b)
NOPAT = 800b (EBIT 1032b * (1 - 22.46%))
Current Ratio = unknown (Total Current Assets 3058b / Total Current Liabilities 0.0)
Debt / Equity = 1.10 (Debt 6312b / totalStockholderEquity, last quarter 5745b)
Debt / EBITDA = 3.02 (Net Debt 3255b / EBITDA 1076b)
Debt / FCF = 1.89 (Net Debt 3255b / FCF TTM 1723b)
Total Stockholder Equity = 4167b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.67% (Net Income 768b / Total Assets 48109b)
RoE = 18.43% (Net Income TTM 768b / Total Stockholder Equity 4167b)
RoCE = 10.00% (EBIT 1032b / Capital Employed (Equity 4167b + L.T.Debt 6158b))
RoIC = 2.29% (EBIT 1032b / (Assets 48109b - Curr.Liab 0.0 - Cash 3058b))
WACC = 22.70% (E(122b)/V(6434b) * Re(6.95%) + D(6312b)/V(6434b) * Rd(29.67%) * (1-Tc(0.22)))
Discount Rate = 6.95% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 6.67 | Cagr: -38.27%
[DCF] Terminal Value 44.15% ; FCFF base≈1485b ; Y1≈1703b ; Y5≈2506b
[DCF] Fair Price = 1.38k (EV 10353b - Net Debt 3255b = Equity 7099b / Shares 5.13b; r=22.70% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.93 | EPS CAGR: 2.17% | SUE: 0.17 | # QB: 0
Revenue Correlation: 87.08 | Revenue CAGR: 28.69% | SUE: 3.07 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.39 | Chg30d=-7.76% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.39 | Chg30d=-8.67% | Revisions=-20% | Analysts=1
EPS current Year (2027-03-31): EPS=1.27 | Chg30d=-6.45% | Revisions=-20% | GrowthEPS=-18.9% | GrowthRev=+8.1%
EPS next Year (2028-03-31): EPS=1.47 | Chg30d=-29.42% | Revisions=-20% | GrowthEPS=+15.7% | GrowthRev=+10.6%
[Analyst] Revisions Ratio: -20%