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HDFC Bank Limited (HDFCBANK) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of HDFC Bank Limited ₹406, price ₹729, upside -44.2%, quality 50 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

Fair value above price? No
Good quality? Yes
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Financial Services · IN · ISIN INE040A01034

Broad data Sep 25, 2026

HDFC Bank Limited

HDFCBANK · NSE

Weakest SetupStrongly overvalued and low quality.

!Fair value ₹406.44 · Strongly overvalued (−44%)

!Quality 50/100

✓Healthy Growth (revenue 5y +51.7 %/yr)

✓Highly profitable · 26.8% net margin (TTM)

✓Moderate debt · generates free cash flow

·1.78% dividend yield

!Trails peers (5/15)

✓Wide moat 76/100

26 models, one by oneBear ₹335.92 to bull ₹559.86 Growth analysisrevenue history, year by year Quality 50/100 in detail37 factors, each one shown Compared with its peersrank on every measure, side by side

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What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 25, 2026.

How to read this chart

60‑month range ₹605.65 – ₹996.51 · fair‑value band ₹335.92 – ₹559.86 · the ₹728.90 price screens above the ₹406.44 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 25, 2026.

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Company profile

HDFC Bank Limited provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai. The company operates through Treasury, Retail Banking, Wholesale Banking, Other Banking Business, Insurance Business, and Other segments. It offers savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits. The company also provides personal, home, car, two-wheeler, business, doctor, educational, gold, consumer, and rural loans; loans against properties, securities, mutual funds, rental receivables, and assets; loans for professionals; government sponsored programs; and loans on credit card, as well as working capital and commercial/construction equipment finance, healthcare/medical equipment, commercial vehicle finance, dealer finance, and term loans. In addition, it offers credit, debit, prepaid, forex, and kisan gold cards; payment and collection, export, import, remittance, bank guarantee, letter of credit, trade, hedging, and merchant and cash management services; and insurance and investment products. Further, the company provides short term finance, bill discounting, structured finance, export credit, loan repayment, custodial, and documents collection services; online, mobile, and phone banking services; unified payment interface, immediate payment, national electronic funds transfer, and real time gross settlement services; channel financing, vendor financing, reimbursement account, money market, derivatives, employee trusts, cash surplus corporates, tax payment, and bankers to rights/public issue services; and financial solutions for supply chain partners and agricultural customers. It operates branches and automated teller machines in various cities/towns. The company was incorporated in 1994 and is headquartered in Mumbai, India.

Stock analysis

HDFC Bank Limited (HDFCBANK) currently trades at ₹728.90, while our model-based Fair Value estimate is ₹406.44, implying the stock looks roughly 79.3% overvalued today.

Valuation

Bull case: the Multiples group reads highest at a median of ₹532.21 per share, and 0 of the 6 models we run sit above the ₹728.90 price.

Bear case: the Dividend Discount group reads lowest at ₹216.21, and 6 of the 6 models stay below the price. Evidence for this calculation is high.

Scenario range: ₹335.92 (bear) to ₹559.86 (bull), the price of ₹728.90 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 50/100 (solid quality), in the Financial Services sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

HDFC Bank Limited reported revenue of ₹5.0T in FY2026 versus ₹1.7T in FY2022, a compound +31.1%/yr. Reported net income was ₹760B in FY2026, compounding +18.8%/yr from FY2022.

Key figures

Market cap ₹11.2T (≈ $117B) · P/E ratio 15.9 · P/S ratio 2.44 · EPS (TTM) ₹45.78 · Dividend yield 1.8% · Net margin 15.3% · Return on equity 13.8% · Return on assets (EBIT) 2.3%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 59 out of 100 (medium confidence).

What moves the price

The share trades about 27% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −36% fair-value upside, at −44%, HDFCBANK screens richer than that median.

Fair Value models

Bear ₹335.92 Fair Value ₹406.44 Bull ₹559.86

Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹15.99 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.

Highest evidence

Residual Income ₹361.00 ₹445.95 ₹1,061 69

Gordon GGM ₹123.32 ₹256.41 ₹406.77 66

DDM Multi-Stage ₹123.32 ₹216.21 ₹269.11 66

All 6 models by family

Dividend Discount

Gordon GGM ₹123.32 ₹256.41 ₹406.77 66

DDM Multi-Stage ₹123.32 ₹216.21 ₹269.11 66

Multiples

P/E Multiple ₹480.82 ₹641.09 ₹801.36 63

P/B Multiple ₹399.16 ₹532.21 ₹665.26 55

Asset-Based

NCAV (Graham) ₹190.07 ₹254.70 ₹380.15 54

Economic Profit

Residual Income ₹361.00 ₹445.95 ₹1,061 69

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Quality Score breakdown

Overall quality 50/100

Of which business quality 49 · Market factors (momentum, volatility) 42

Profitability 31

Margins and returns on capital today

Quality Growth 67

Are margins and returns improving?

Cashflow 100

Earnings quality: real cash, not paper profit

Fin. Strength 21

Balance sheet, leverage, solvency risk

Investment 33

Disciplined investing over empire-building

Low Volatility 93

Calm price path (market factor)

Momentum 26

Price trend over the last 3–12 months (market factor)

52W Momentum 11

Distance to the 52-week high (market factor)

Net Issuance 37

Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 100/100

Revenue growth appears healthy and is supported by profitability and cash-flow quality.

Revenue growth 1 year

+18.1%

Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+34.3%

Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+51.7%

Start year 2021 (pandemic). Over 10 years: +29.5% a year

Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+28.6%

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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.

+2.5%

Earnings growth per share plus dividend.

Earnings per share, growth per year+0.7%

Dividend (yield on the price)1.8%

Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.1% vs 7%, slowing

Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.166% → 21%

Start year 2021 (pandemic)

Growth Forecast

Price in line with expectations

The price assumes less growth than the company has delivered so far and about what analysts expect.

What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).

−3.7%

Yearly growth needed for the next five years to justify today's price.

What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.

−1.0%

Yearly sales growth analysts expect, extended to five years.

After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about −7.6% a year for the price and −4.9% for the forecasts.

Forecast 2027 (sales)−32.4%

Forecast 2028 (sales)+10.6%

Projected 2029 (sales)+9.5%

Projected 2030 (sales)+8.4%

Projected 2031 (sales)+7.4%

HDFCBANK screens 79% overvalued. Compare with DBS Group →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 1076 stocks

Beats the industry median on 5/15 measures

Overall it trails its industry peers.

Valuation

Quality Score 51 · Below median

Fair Value upside −44% · Bottom 25%

Profitability

Return on equity (TTM) 14% · Top 25%

Return on assets 2% · Top 25%

Net margin (TTM) 27% · Below median

Operating margin (TTM) 33% · Below median

Growth and dividend

Revenue growth 17% · Above median

Dividend yield (TTM) 1.8% · Below median

Balance sheet

Debt / equity 0.87× · Highest 25%

Valuation Multiplesvs Banks - Regional median · lower = cheaper

P/E (TTM) 15.9× · Priciest 25%

P/B 1.92× · Priciest 25%

P/S (TTM) 3.81× · Pricier than median

P/FCF 0.1× · Cheapest 25%

EV/EBITDA 12.5× · Pricier than median

PEG 0.89× · Cheapest 25%

Strength profile in five axes (Snowflake)

This stock

Sector peers

VALUE (fair-value potential)0 · sector 11

FUTURE (revenue growth)83 · sector 45

PAST (return on equity)55 · sector 41

HEALTH (low debt)56 · sector 85

DIVIDEND (yield)36 · sector 53

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.

Stock	Price	Fair Value	vs Fair Value
DBS Group D05	77.48 SGD	40.39 SGD	−48%
China Merchants Bank Co 3968	HK$51.20	HK$62.32	+22%
UniCredit S.p.A UCG	€82.18	€77.62	−6%
Intesa Sanpaolo S.p.A ISP	€6.72	€4.04	−40%
Mizuho Financial Group MFG	$10.56	$6.79	−36%
BNP Paribas SA BNP	€98.43	€105.99	+8%
ICICI Bank Limited ICICIBANK	₹1,340	₹616.16	−54%
The PNC Financial Services Group PNC	$224.03	$159.52	−29%
Oversea-Chinese Banking Corporation O39	32.14 SGD	19.80 SGD	−38%
Al Rajhi Banking and Investment Corporation 1120	64.45 SAR	36.95 SAR	−43%

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HDFC Bank Limited · Fair Value
₹406.44 −79%Fair Value
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<a href="https://www.fairvalue-calculator.com/stock/HDFCBANK" target="_blank" rel="nofollow noopener" style="display:inline-flex;align-items:center;gap:12px;box-sizing:border-box;font-family:system-ui,-apple-system,Segoe UI,Roboto,sans-serif;text-decoration:none;background:#0f1814;color:#eaf2ed;border:1px solid #2a3a30;border-radius:12px;padding:12px 16px;max-width:360px"><span style="line-height:1.35"><span style="font-size:12px;color:#9fb0a8">HDFC Bank Limited · Fair Value</span><br><b style="font-size:20px">₹406.44</b> <span style="color:#e0816f;font-weight:700;font-size:14px">−79%</span></span><span style="font-size:11px;color:var(--fvc-g-mitte);font-weight:700;margin-left:auto;text-align:right;line-height:1.3">Fair&nbsp;Value<br>Calculator&nbsp;→</span></a>

Cite: Fair Value Calculator (2026). "HDFC Bank Limited Fair Value". https://www.fairvalue-calculator.com/stock/HDFCBANK

Frequently asked questions

Is HDFC Bank Limited (HDFCBANK) overvalued or undervalued?

As of Sep 25, 2026, our model estimates a fair value of ₹406.44 versus a price of ₹728.90, about −44% upside (overvalued).

What is the fair value of HDFCBANK?

Our model-based fair value for HDFC Bank Limited is ₹406.44 (as of Sep 25, 2026), built from audited fundamentals. The current price: ₹728.90.

What is the quality score of HDFCBANK?

HDFC Bank Limited has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.

What is the price target for HDFC Bank Limited (HDFCBANK)?

Our model-based price target is the fair value of ₹406.44 (as of Sep 25, 2026) from 6 valuation models. Cautious scenario ₹335.92, optimistic scenario ₹559.86. It is a calculation from audited fundamentals, not an analyst target.

What is the HDFC Bank Limited stock forecast for 2026?

Our models put fair value at ₹406.44, about −44% upside versus a price of ₹728.90 (overvalued). Cautious scenario ₹335.92, optimistic scenario ₹559.86. The calculation is refreshed regularly with new filings.

What is the revenue of HDFC Bank Limited (HDFCBANK)?

HDFC Bank Limited reported trailing-twelve-month revenue of about ₹2.9T (latest available figure, as of Sep 25, 2026).

Does HDFC Bank Limited pay a dividend?

HDFC Bank Limited currently shows a dividend yield of about 1.78% relative to its recent price (as of Sep 25, 2026).

What growth is priced into HDFC Bank Limited (HDFCBANK)?

For today's price to be fair in a discounted-cash-flow model, HDFC Bank Limited would have to grow free cash flow by -3.7 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +51.7 % per year. As of Sep 25, 2026.

What discount rate (WACC) does the fair value of HDFCBANK use?

Our models discount HDFC Bank Limited at 10.4 %: a base by market capitalisation (large), damped by beta 0.40, country premium for India. The same rate applies in all 26 models.

What is a reverse DCF?

A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For HDFC Bank Limited that is -3.7 % per year a year over ten years, using the same discount rate (10.4 %) and the same formula as our fair value.

How much growth has HDFC Bank Limited (HDFCBANK) delivered so far?

Over the past 5 years revenue at HDFC Bank Limited grew +51.7 % a year. The price currently implies -3.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.

How fast is the sector of HDFC Bank Limited (HDFCBANK) growing?

The median revenue growth in the sector is +8.5 % a year. That is the yardstick for the growth priced into HDFC Bank Limited (-3.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.

What is the free cash flow yield of HDFC Bank Limited (HDFCBANK)?

The free-cash-flow yield on the price is 14.56 %: that much free cash flow HDFC Bank Limited produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.

What is the intrinsic value of HDFC Bank Limited (HDFCBANK)?

Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For HDFC Bank Limited it is ₹406.44 per share (as of Sep 25, 2026), against a price of ₹728.90. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).

Is HDFC Bank Limited stock overvalued or undervalued in 2026?

As of Sep 25, 2026, HDFCBANK trades above its calculated fair value: price ₹728.90, fair value ₹406.44, a gap of about −44% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.

Is fair value the same as the market price of HDFCBANK?

No. The price is what the market pays today (₹728.90); the fair value is what the company's own numbers justify (₹406.44). For HDFC Bank Limited the two are ₹322.46 per share apart. That gap is exactly why we show both numbers side by side.

How much is HDFC Bank Limited worth?

The market values HDFC Bank Limited at about ₹11.2T (market capitalisation, as of Sep 25, 2026). Per share that is ₹728.90; our models calculate a fair value of ₹406.44 per share.

What do the bullish and bearish scenarios say about HDFCBANK?

Our models span a range for HDFC Bank Limited: cautious scenario ₹335.92, base ₹406.44, optimistic ₹559.86 per share (as of Sep 25, 2026, price ₹728.90). The range comes from different growth and margin assumptions, not from analyst opinions.

What is the P/E ratio of HDFCBANK?

HDFC Bank Limited trades at a price-to-earnings ratio of 15.9 (as of Sep 25, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹406.44 is built from several models across several years. Other multiples: PEG 0.9, P/B 1.9, P/S 3.8, EV/EBITDA 12.5.

What is the PEG ratio of HDFCBANK?

The PEG ratio of HDFC Bank Limited is 0.89 (P/E divided by earnings growth, as of Sep 25, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.

How solid is the balance sheet of HDFC Bank Limited (HDFCBANK)?

Balance-sheet figures for HDFC Bank Limited (as of Sep 25, 2026): return on equity 13.8%, debt of 0.87 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.

How far is HDFCBANK from its 52-week high?

HDFC Bank Limited trades at ₹728.90, about 27% below its 52-week high of ₹992.67 and 6% above the low of ₹687.10 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of ₹406.44 is for.

Which stocks are comparable to HDFC Bank Limited?

From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, UniCredit S.p.A, Intesa Sanpaolo S.p.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.

Is HDFC Bank Limited stock attractive at the current price?

The data as of Sep 25, 2026: price ₹728.90, calculated fair value ₹406.44 (−44%), Quality Score 50/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.

How is the fair value of HDFCBANK calculated?

We run HDFC Bank Limited through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹406.44, with the spread shown as a cautious and an optimistic scenario.

Is it still worth investing in stocks now?

The global stock market currently sits 14.0 % above its aggregate fair value. HDFC Bank Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.

What is the share price of HDFC Bank Limited (HDFCBANK)?

The closing price on Sep 24, 2026 was ₹728.90. Our model-based fair value is ₹406.44, about −44% upside (overvalued). We carry closing prices from our data provider, not a live tick.

What should I pay attention to with HDFC Bank Limited right now?

The price sits above even our optimistic bull case (₹559.86). The favourable scenario is already priced in. Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Where does the earnings growth of HDFC Bank Limited (HDFCBANK) come from?

Earnings per share at HDFC Bank Limited grew +10.0 % a year from 2015 to 2026. Broken into its drivers: revenue per share +19.7 %, EBIT margin −10.0 %, tax rate +2.3 %, residual (interest, one-offs) −0.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of HDFC Bank Limited

How large is the market capitalisation of HDFC Bank Limited (HDFCBANK)?

The market capitalisation of HDFC Bank Limited is ₹11.2T (≈ $117B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.

What is the P/S ratio of HDFC Bank Limited (HDFCBANK)?

The price-to-sales ratio of HDFC Bank Limited is 2.44 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.

What are the earnings per share of HDFC Bank Limited (HDFCBANK)?

Earnings per share at HDFC Bank Limited are ₹45.78 (price ÷ EPS = P/E 15.9). Earnings per share over the last twelve months: total profit spread across every single share.

What is the dividend yield of HDFC Bank Limited (HDFCBANK)?

The dividend yield of HDFC Bank Limited is 1.8% (payout 28.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.

What is the net margin of HDFC Bank Limited (HDFCBANK)?

The net margin of HDFC Bank Limited is 15.3% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.

What is the return on equity of HDFC Bank Limited (HDFCBANK)?

The return on equity (ROE) of HDFC Bank Limited is 13.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.

What is the EBIT return on assets of HDFC Bank Limited (HDFCBANK)?

On an EBIT basis the return on assets of HDFC Bank Limited is 2.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.

What is the operating margin of HDFC Bank Limited (HDFCBANK)?

The operating margin of HDFC Bank Limited is 33.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.

How fast is revenue growing at HDFC Bank Limited (HDFCBANK)?

Revenue at HDFC Bank Limited is growing +16.6% versus a year earlier (3y avg +34.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.

How fast are earnings growing at HDFC Bank Limited (HDFCBANK)?

Earnings per share at HDFC Bank Limited are growing +18.1% versus a year earlier. How much earnings per share grew versus a year earlier.

How much net debt does HDFC Bank Limited (HDFCBANK) carry?

The net debt of HDFC Bank Limited is ₹2.8T (fiscal year 2026, ≈ 1.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.

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