InsiderClue
Stocks · Financials · Commercial Banks, NEC

HDFC BANK LTD

HDB Clue Score59
India Fiscal year ends March CIK 0001144967
$22.28 +1.23% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $22.28 −69.31% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2017Revenue424.17Net income140.53EPS, diluted54.57Fiscal year 2018Revenue508.36 +19.8%Net income178.51 +27.0%EPS, diluted34.15Fiscal year 2019Revenue595.35 +17.1%Net income220.10 +23.3%EPS, diluted40.66Fiscal year 2020Revenue674.12 +13.2%Net income260.27 +18.2%EPS, diluted47.27Fiscal year 2021Revenue782.43 +16.1%Net income325.98 +25.2%EPS, diluted59.02Fiscal year 2022Revenue892.43 +14.1%Net income386.00 +18.4%EPS, diluted69.38Fiscal year 2023Revenue1,131.16 +26.8%Net income495.45 +28.4%EPS, diluted88.68Fiscal year 2024Revenue1,853.87 +63.9%Net income622.66 +25.7%EPS, diluted88.31Fiscal year 2025Revenue2,190.13 +18.1%Net income673.51 +8.2%EPS, diluted89.63
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 424.17 508.36 595.35 674.12 782.43 892.43 1,131.16 1,853.87 2,190.13
Growth +19.8% +17.1% +13.2% +16.1% +14.1% +26.8% +63.9% +18.1%
Net income 140.53 178.51 220.10 260.27 325.98 386.00 495.45 622.66 673.51
Growth +27.0% +23.3% +18.2% +25.2% +18.4% +28.4% +25.7% +8.2%
EPS, diluted 54.57 34.15 40.66 47.27 59.02 69.38 88.68 88.31 89.63

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2017Net margin33.1%Free cash flow margin86.4%Fiscal year 2018Net margin35.1%Free cash flow margin16.7%Fiscal year 2019Net margin37.0%Free cash flow margin28.0%Fiscal year 2020Net margin38.6%Free cash flow margin22.7%Fiscal year 2021Net margin41.7%Free cash flow margin115.5%Fiscal year 2022Net margin43.3%Free cash flow margin62.2%Fiscal year 2023Net margin43.8%Free cash flow margin38.3%Fiscal year 2024Net margin33.6%Free cash flow margin52.2%Fiscal year 2025Net margin30.8%Free cash flow margin51.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 33.1% 35.1% 37.0% 38.6% 41.7% 43.3% 43.8% 33.6% 30.8%
Free cash flow margin 86.4% 16.7% 28.0% 22.7% 115.5% 62.2% 38.3% 52.2% 51.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow379.27Capital expenditure−12.63Free cash flow366.64Dividends paid−29.28Fiscal year 2018Operating cash flow94.27Capital expenditure−9.18Free cash flow85.09 −76.8%Dividends paid−34.49Fiscal year 2019Operating cash flow183.27Capital expenditure−16.36Free cash flow166.92 +96.2%Dividends paid−41.02Fiscal year 2020Operating cash flow171.18Capital expenditure−18.29Free cash flow152.89 −8.4%Dividends paid−66.45Fiscal year 2021Operating cash flow921.78Capital expenditure−17.81Free cash flow903.97 +491.3%Dividends paid−0.17Fiscal year 2022Operating cash flow581.02Capital expenditure−26.32Free cash flow554.69 −38.6%Dividends paid−36.24Fiscal year 2023Operating cash flow477.20Capital expenditure−43.62Free cash flow433.58 −21.8%Dividends paid−86.39Fiscal year 2024Operating cash flow1,022.32Capital expenditure−53.84Free cash flow968.48 +123.4%Dividends paid−86.62Fiscal year 2025Operating cash flow1,195.62Capital expenditure−66.40Free cash flow1,129.22 +16.6%Dividends paid−158.06
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 379.27 94.27 183.27 171.18 921.78 581.02 477.20 1,022.32 1,195.62
Capital expenditure −12.63 −9.18 −16.36 −18.29 −17.81 −26.32 −43.62 −53.84 −66.40
Free cash flow 366.64 85.09 166.92 152.89 903.97 554.69 433.58 968.48 1,129.22
Growth −76.8% +96.2% −8.4% +491.3% −38.6% −21.8% +123.4% +16.6%
Dividends paid −29.28 −34.49 −41.02 −66.45 −0.17 −36.24 −86.39 −86.62 −158.06

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash430.71Total debt730.92Net cash (debt)−300.21Shareholders’ equity1,026.05Debt to equity0.71Fiscal year 2018Cash574.15Total debt932.91Net cash (debt)−358.76Shareholders’ equity1,174.16Debt to equity0.79Fiscal year 2019Cash734.87Total debt1,044.55Net cash (debt)−309.68Shareholders’ equity1,632.58Debt to equity0.64Fiscal year 2020Cash611.96Total debt1,026.52Net cash (debt)−414.56Shareholders’ equity1,893.08Debt to equity0.54Fiscal year 2021Cash930.69Total debt1,174.76Net cash (debt)−244.06Shareholders’ equity2,159.63Debt to equity0.54Fiscal year 2022Cash1,122.03Total debt1,554.33Net cash (debt)−432.30Shareholders’ equity2,504.84Debt to equity0.62Fiscal year 2023Cash1,387.40Total debt2,054.44Net cash (debt)−667.04Shareholders’ equity2,912.20Debt to equity0.71Fiscal year 2024Cash2,086.03Total debt6,648.77Net cash (debt)−4,562.74Shareholders’ equity6,947.33Debt to equity0.96Fiscal year 2025Cash1,982.93Total debt5,866.16Net cash (debt)−3,883.23Shareholders’ equity7,676.89Debt to equity0.76
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 430.71 574.15 734.87 611.96 930.69 1,122.03 1,387.40 2,086.03 1,982.93
Total debt 730.92 932.91 1,044.55 1,026.52 1,174.76 1,554.33 2,054.44 6,648.77 5,866.16
Net cash (debt) −300.21 −358.76 −309.68 −414.56 −244.06 −432.30 −667.04 −4,562.74 −3,883.23
Shareholders’ equity 1,026.05 1,174.16 1,632.58 1,893.08 2,159.63 2,504.84 2,912.20 6,947.33 7,676.89
Debt to equity 0.71 0.79 0.64 0.54 0.54 0.62 0.71 0.96 0.76

In billions of INR, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Mar 2017 FY2018 31 Mar 2018 FY2019 31 Mar 2019 FY2020 31 Mar 2020 FY2021 31 Mar 2021 FY2022 31 Mar 2022 FY2023 31 Mar 2023 FY2024 31 Mar 2024 FY2025 31 Mar 2025
Margins
51.9% 54.5% 57.1% 54.3% 56.2% 58.2% 58.6% 38.1% 39.3%
33.1% 35.1% 37.0% 38.6% 41.7% 43.3% 43.8% 33.6% 30.8%
86.4% 16.7% 28.0% 22.7% 115.5% 62.2% 38.3% 52.2% 51.6%
Spending
3.0% 1.8% 2.7% 2.7% 2.3% 2.9% 3.9% 2.9% 3.0%
36.0% 35.5% 35.1% 28.8% 25.9% 25.5% 25.1% 11.0% 20.3%
Returns
13.7% 15.2% 13.5% 13.7% 15.1% 15.4% 17.0% 9.0% 8.8%
1.5% 1.6% 1.7% 1.6% 1.8% 1.8% 1.9% 1.4% 1.4%
Balance and payout
0.71 0.79 0.64 0.54 0.54 0.62 0.71 0.96 0.76
88.7% 89.7% 87.7% 88.1% 88.0% 88.1% 88.7% 82.1% 82.1%
20.8% 19.3% 18.6% 25.5% 0.1% 9.4% 17.4% 13.9% 23.5%
8.0% 40.5% 24.6% 43.5% 0.0% 6.5% 19.9% 8.9% 14.0%

Shown in INR as filed; the screener converts to dollars.