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🔔 Earnings Preview Alert
HDFC Bank expected to report steady earnings with lower loan-to-deposit ratio and stable asset quality for Q3, according to Motilal Oswal and IDBI Capital.
HDFC Bank Analyst Rating
based on 41 analysts
BUY
82.50%
Buy
17.50%
Hold
0.00%
Sell
Based on 41 analysts offering long term price targets for HDFC Bank. An average target of ₹1983.47
Source: S&P Global Market Intelligence
HDFC Bank Share analysis
HDFC Bank price forecast by 41 analysts
Upside of20.12%
High
₹2550
Target
₹1983.47
Low
₹1558
HDFC Bank target price ₹1983.47, a slight upside of 20.12% compared to current price of ₹1642.4. According to 41 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
HDFC Bank revenue growth forecast
Expected growth rate Q1, FY2027:0
Forecast
Actual
Including amortisation and stock based compensations
HDFC Bank EPS growth forecast
EPS estimate Q1, FY2027:37.67%
Forecast
Actual
Source: S&P Global Market Intelligence
HDFC Bank Performance
Day's Low
Day's High
₹1,633.05Day's Price Range₹1,661.0552 Week's Low
52 Week's High
₹1,363.5552-Week Price Range₹1,880
| Returns % | |
| 1 Month Return | -8.31 % |
| 3 Month Return | -4.48 % |
| 1 Year Return | + 15.69 % |
| Market Stats | |
| Previous Close | ₹1,651.25 |
| Open | ₹1,658.25 |
| Volume | 1.56Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹12,62,928.10Cr |
HDFC Bank Key Statistics
| P/E Ratio | 18.14 |
| PEG Ratio | 14.4 |
| Market Cap | ₹12,62,928.10 Cr |
| P/B Ratio | 2.5 |
| EPS | 86.15 |
| Dividend Yield | 1.35 |
| Sector | Banks |
| ROE | 16.88 |
HDFC Bank Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹12,62,928.10 Cr | 6.54% | NA | ₹64,062 Cr | ₹4,07,994 Cr | |
| BUY | ₹75,622.55 Cr | -5.47% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹24,557.65 Cr | -13.61% | NA | NA | NA | |
| BUY | ₹8,70,473.10 Cr | 26.43% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹3,05,832.94 Cr | 7.54% | NA | ₹26,386 Cr | ₹1,37,989 Cr |
See all
About HDFC Bank
HDFC Bank, established in 1994 by the Housing Development Finance Corporation (HDFC), is one of India's largest private sector banks. The bank operates in the banking and financial services sector and is headquartered in Mumbai, Maharashtra. It is registered under the Company Identification Number (CIN) L65920MH1994PLC080618. HDFC Bank offers a wide range of products and services, including retail banking, wholesale banking, credit cards, loans, and digital banking services, catering to both individual and corporate customers.
HDFC Bank's popular brands include HDFC Bank SmartUp, HDFC Bank InstaBanking, HDFC Bank PayZapp, HDFC Bank EasyEMI, HDFC Bank MoneyBack Credit Card and HDFC Bank Diners Card. The bank also has a range of digital banking services such as HDFC Bank Mobile Banking, HDFC Bank Net Banking, HDFC Bank Phone Banking and HDFC Bank UPI. A notable fact about HDFC Bank is that it was the first Indian bank to launch an IPO in 1995, which was oversubscribed 55 times. Another interesting fact is that HDFC Bank is the largest credit card issuer in India.
The parent company, Housing Development Finance Corporation, is a prominent player in India's housing finance sector. In a significant merger and acquisition (M&A) move, HDFC Ltd. and HDFC Bank announced a merger in 2022, aimed at creating a financial giant by combining their strengths in housing finance and banking. This merger is expected to enhance the bank's product offerings and expand its customer base.
Share Price: ₹1642.40 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹12,62,928.10Cr as of today
Revenue: ₹1,21,456.74Cr as on September 2024 (Q3 24)
Net Profit: ₹17,825.91Cr as on September 2024 (Q3 24)
Listing date: 14 Jun, 1995
Chairperson Name: Atanu Chakraborty
HDFC Bank's popular brands include HDFC Bank SmartUp, HDFC Bank InstaBanking, HDFC Bank PayZapp, HDFC Bank EasyEMI, HDFC Bank MoneyBack Credit Card and HDFC Bank Diners Card. The bank also has a range of digital banking services such as HDFC Bank Mobile Banking, HDFC Bank Net Banking, HDFC Bank Phone Banking and HDFC Bank UPI. A notable fact about HDFC Bank is that it was the first Indian bank to launch an IPO in 1995, which was oversubscribed 55 times. Another interesting fact is that HDFC Bank is the largest credit card issuer in India.
The parent company, Housing Development Finance Corporation, is a prominent player in India's housing finance sector. In a significant merger and acquisition (M&A) move, HDFC Ltd. and HDFC Bank announced a merger in 2022, aimed at creating a financial giant by combining their strengths in housing finance and banking. This merger is expected to enhance the bank's product offerings and expand its customer base.
Share Price: ₹1642.40 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹12,62,928.10Cr as of today
Revenue: ₹1,21,456.74Cr as on September 2024 (Q3 24)
Net Profit: ₹17,825.91Cr as on September 2024 (Q3 24)
Listing date: 14 Jun, 1995
Chairperson Name: Atanu Chakraborty
| Organisation | HDFC Bank |
| Headquarters | Mumbai |
| Industry | Banks |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
05:30 AM
-HDFC Bank recorded a marginal uptick of +0.09%, trading at ₹1,652.70.
09:03 AM
-Brokerages expect HDFC Bank's earnings to show steady growth amid lower loan-to-deposit ratio and stable asset quality.
12:03 PM
-HDFC Bank's NII is projected to rise by up to 8.4% YoY, with stable margins expected.
Today's Timeline - Invalid Date
04:01 PM
-HDFC Bank's Q3 results preview indicates muted loan growth and focus on deposit accretion post-merger.
04:47 PM
-HDFC Bank expected to report 8.1-8.4% growth in Q3 Net Interest Income, with subdued profit growth.
Key events for HDFC Bank Ltd
HDFC Bank Prepares for Q3 Results Amid Challenges - 20 Jan, 2025
HDFC Bank is set to announce its Q3 FY25 results, with expectations of modest growth in net interest income and profit, amid weak loan growth and flat margins. Additionally, 1,500 employees participated in a marathon to support education initiatives.HDFC Bank Prepares for Upcoming Quarterly Results - 19 Jan, 2025
HDFC Bank shares rose slightly to Rs. 2,140, with significant attention on its upcoming Q3 results announcement scheduled for January 22, 2025. The bank's revenue grew by 12.9% in Q2FY24-25.HDFC Bank Stock Performance Overview - 18 Jan, 2025
HDFC Bank's current price is ₹1,636.75, with a market cap of ₹12,63,537 Cr. The stock has seen a 10.96% decline this month but a 14.07% increase over the past year.HDFC Bank Faces Increased Bad Loans Impact - 17 Jan, 2025
HDFC Bank is projected to report higher bad loans, leading to increased provisions that may weigh on quarterly profits amid falling wages and high inflation.HDFC Bank Shows Strong Financial Health and Confidence - 16 Jan, 2025
HDFC Bank maintains a premium valuation with a P/E ratio of 18.1x, reflecting investor confidence. Its capital adequacy ratio improved to 19.8%, indicating robust financial health.HDFC Bank Achieves Global Ranking in Market Cap - 15 Jan, 2025
HDFC Bank has secured the 13th position among the world's top 25 banks by market capitalization, reaching $158.5 billion, reflecting a 1.6% year-on-year increase.HDFC Bank's Insurance Subsidiary Listing Roadmap Requested - 14 Jan, 2025
The Insurance Regulatory and Development Authority of India has asked HDFC Bank and others to outline plans for public listing of large insurance subsidiaries.HDFC Bank Experiences Mixed Performance Amid Declines - 10 Jan, 2025
HDFC Bank was named a top pick by Goldman Sachs. Despite a slight gain earlier, it later fell over 11%, impacting the Nifty index significantly.HDFC Bank Updates: IPO Plans and Financial Performance - 09 Jan, 2025
HDFC Bank is navigating post-merger challenges while reporting a 10% rise in NII for Q2 FY25. The bank filed for HDB Financial's IPO, aiming for Rs 12,500 crore. Price targets from analysts reflect cautious optimism amid strategic growth focus.HDFC Bank Reports Growth Amid Stake Changes - 08 Jan, 2025
HDFC Bank shows strong growth in advances and deposits for the December quarter. However, retail and mutual funds reduced their stakes, while FPIs increased theirs. Analysts maintain positive ratings with target prices indicating potential upside.HDFC Bank Cuts Lending Rates, Impacting EMIs - 07 Jan, 2025
HDFC Bank has reduced its MCLR by up to 5 basis points, leading to lower EMIs on various loans. Despite this, Q3 updates indicate slower credit growth for major private banks, including HDFC Bank.HDFC Bank Reports Strong Deposit Growth and RBI Approval - 05 Jan, 2025
HDFC Bank's Q3FY25 results show a 4.2% deposit growth, with a 15.8% YoY increase in total deposits. The bank also secured RBI approval for a 9.5% stake in Kotak Mahindra Bank and others, indicating strategic expansion plans.HDFC Bank Reports Strong Q3 Growth and Investments - 04 Jan, 2025
HDFC Bank's Q3 results show a 15.8% rise in total deposits and a 3% increase in loans. The bank also received RBI approval for increased investments in other banks.Mixed Signals for HDFC Bank Amid Upgrades and Downgrades - 03 Jan, 2025
HDFC Bank received a target price upgrade from Jefferies, but CLSA removed it from its portfolio citing global uncertainties and high valuations, indicating mixed market sentiment.HDFC Bank Shows Mixed Signals Amid Market Gains - 02 Jan, 2025
HDFC Bank's credit growth has moderated, but it remains a strong performer with positive annual returns. Analysts expect a double-digit return in 2025, contributing to market gains.HDFC Bank's Merger Affects Credit Growth Rate - 01 Jan, 2025
The Indian stock market opened positively in 2025, with HDFC Bank featured in top stock picks. However, credit growth slowed to 11.8% YoY due to the merger impact.HDFC Bank's Growth Plans and Positive Ratings - 31 Dec, 2024
HDFC Bank is set for growth with a planned Rs 12,500 crore IPO for HDB Financial Services. Analysts maintain positive ratings, highlighting solid financial health despite minor asset quality concerns.HDFC Bank Receives Positive Buy Recommendations - 30 Dec, 2024
HDFC Bank is receiving multiple buy recommendations with target prices ranging from Rs 2,008 to Rs 2,100, indicating strong market confidence despite expected outflows of $47 million.HDFC Bank Shows Recovery Signs Post-Merger - 28 Dec, 2024
HDFC Bank's share fell post-merger but shows recovery signs with improved credit-to-deposit ratio. Analysts recommend accumulating shares, targeting Rs 1,920-2,008.HDFC Bank Faces Credit Growth Challenges - 27 Dec, 2024
HDFC Bank, following its merger with HDFC Ltd, is experiencing slower loan book growth compared to the industry average, impacting overall credit growth in the economy.
Insights on HDFC Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 16.47K Cr → 17.82K Cr (in ₹), with an average increase of 7.6% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 1.16L Cr → 1.21L Cr (in ₹), with an average increase of 3.7% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 41.54% to 42.59% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, ICICI Bank Ltd has given 21.8% return, outperforming this stock by 24.3%
- NO EFFECT
Against Peers
In the last 3 years, ICICI Bank Ltd has given 50.0% return, outperforming this stock by 44.4%
NEGATIVE IMPACTPrice Dip
In the last 7 days, HDFCBANK stock has moved down by -4.8%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 14.42% to 14.05% in Dec 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 21.22% to 20.71% in Dec 2024 quarter
News
HDFC Bank Q3 Earnings Expectations and Key Insights
With HDFC Bank all set to announce its fiscal third quarter earnings on Wednesday (January 22), brokerage firms and analysts said that the banking major is expected to post 8.1-8.4 per cent growth in its Q3 Net Interest Income (NII). The NII range is seen between Rs 30,778 crore and Rs 30,887 crore. Experts said that HDFC Bank is expected to report a subdued quarter with a single-digit profit growth during Q3FY25, weighed down by modest loan growth and stagnant margins. According to a Moneycontrol poll, HDFC Bank is expected to record Q3 net profit at Rs 16,650 crore and NII is estimated at Rs 30,690 crore during the quarter in review. Further, another poll by Bloomberg stated that HDFC Bank is set to report profit at Rs 16,596 crore. HDFC Bank, per its Q3 business update, recorded a 3 per cent YoY loan growth as it concentrated on improving its loan-to-deposit ratio (LDR). Deposits, meanwhile, grew by 16 per cent YoY to Rs 2.5 lakh crore. Elara Capital said HDFC Bank is expected to post softer momentum in loan growth. The bank, as per some media articles, seems to have sold down its portfolio, which will impact loan growth. The key to watch will be deposit traction and the composition in the form of retail and others. The Banks Net Interest Margin (NIM) is projected to remain flat at 3.6 per cent as the management focused on reducing its credit-to-deposit (CD) ratio below 100 per cent following its merger with HDFC Ltd. Elara Capital said, Expect broadly steady NIMs, but the interplay within LDR, LCR and NIMs will be the key monitorable. YES Securities too maintained that HDFC Banks NIM will be stable sequentially. YES Securities, while maintaining that HDFC Bank will see a flattish trend in provisions, said, Sequential loan growth will be in the 2.5 per cent ballpark due to the idiosyncratic growth trajectory. NII growth will be in-line with average loan growth as the rise in yield on advances to be in tandem with rise in cost of deposits. Consequently, NIM will be stable sequentially. Sequential fee income growth will broadly match loan growth. Opex growth would slightly lag business growth. Slippages would be broadly stable on a sequential basis. Provisions will be stable on a sequential basis. Per the brokerage firm, HDFC Bank is expected to post NII at Rs 30,866.70 crore, up 8.4 per cent YoY and profit for the period is estimated at Rs 17,232.30 crore, up 5.3 per cent. Axis Securities said that HDFC Banks deposit growth will be better than credit growth as LDR improved marginally. Margins for the quarter are likely to remain stable QoQ with a slight positive bias, it said. Slippages are expected to remain under control with stable asset quality. Per the brokerage firm, HDFC Bank is projected to record NII at Rs 30,778 crore, up 8.1 per cent and net profit is estimated at Rs 16,737 crore, up 2.2 per cent YoY. Per Elara Capital, HDFC Bank is expected to post NII at Rs 30,887.60 crore, up 8.5 per cent and profit is estimated at Rs 16,745.80 crore, up 2.3 per cent. The loan book for the quarter is expected to be at Rs 2545.00 thousand crore, up 4 per cent YoY and deposits will stand at Rs 2560.10 thousand crore.21 Jan, 2025 04:47 PMInvestors Should Watch HDFC Bank Results on January 22
HDFC Banks provisional numbers for Q3 FY25 revealed muted loan growth, much below the industry level, as the bank focused on deposit accretion and improving its loan-to-deposit ratio (LDR). Given the significant shortfall in deposits following the merger of HDFC Ltd with the bank in July 2023, the lender has been strategically going slower on advances to build the liability side of the book. The largest private sector lender, HDFC Bank, saw loans grow the slowest among peer banks, at only 3% on year and 0.9% on quarter, also due to aggressive portfolio sales during the period. The lenders deposits were 15.8% higher on year and 2.5% on quarter. Deposit growth was led by a sharp growth in term deposits (+23% y-o-y), as the Casa (current account and savings account) ratio declined to 34% (-130 bps q-o-q). Loan growth declined further from 7% year-on-year (y-o-y) in Q2 FY25 due to a system-wide slowdown in loan growth and the banks continued securitization of its loan portfolio, Bernstein Research said in a note. HDFC Bank remains a favourite of analysts, especially among large banks, as some peers struggle with asset quality issues—in the microfinance and small-ticket unsecured portfolios. Most brokerages have a positive outlook on the bank, with price targets in the range of ₹2,300 and ₹2,550. Management commentary on credit-deposit Despite the significant pick-up in deposits during the quarter, HDFC Bank has some way to go before it achieves the optimal LDR. This means that the banks strategy on future deposit accretion and the management commentary on expected deposit growth will continue to be keenly watched. As such, analysts said, the resultant impact on the trajectory of margins and overall stability of the banks asset-liability management will remain in focus. Macquarie Research said it has factored in deposit growth of 15% y-o-y for FY25, which implies 6.8% quarter-on-quarter (q-o-q) growth and a ₹1.7 trillion deposit accretion in Q4. Given the Q4 seasonality and the deposit mobilisation witnessed last year in Q4FY24 (7.5% q-o-q growth, ₹1.7 trillion deposits mobilized), this target looks achievable to us and appears to be a good outcome given the system deposit growth expectation of 11% levels, the research firm said. Loan securitisation HDFC Bank securitised loans worth ₹21,600 crore during the quarter. Retail loans grew 10% on year, commercial and rural banking loans by 12%, whereas corporate loans declined by 10%. The bank is expected to continue offloading some small-ticket loans and low-yielding corporate loans as it consolidates its loan portfolio in an attempt to focus on the liability side. Macquarie expects some moderation in retail and CRB (commercial and rural banking) growth, whereas wholesale loans are expected to increase. Loan growth at 6% y-o-y and 2% q-o-q was in line with expectations of the banks consolidation strategy. Also read | Why HDFC Bank turned down MUFJs overtures on HDB Financial There was some moderation in retail (up 1.9% q-o-q) and CRB growth (up 1.5% q-o-q). We think there could have been some sell-down of retail loans this quarter, the research firm said. Stable net interest margin (NIM) HDFC Banks credit-deposit ratio is expected to improve in the reporting quarter as deposit growth far outpaced credit growth. As a result, margins are also expected to remain stable with a slight positive bias as operating expenditure is also seen steady, Axis Securities said in a note. Margins are expected to improve gradually over the medium term as the LDR improves further and incremental deposits replace the high-cost borrowings of the former HDFC, improvement in loan mix and positive spread on securitised loans, analysts said, pegging margins for the quarter at around 3.6%—flat on year and better by about 5 basis points (bps) sequentially. Jefferies expects margins to rise from 3.6% in FY24 to 3.8% in FY27, aiding the banks earnings growth in the medium term. Return on assets (RoA) trajectory A combination of slower loan growth and a healthy deposit growth hence resulted in a further normalization of the LDR (-150 bps q-o-q), Bernstein Research said. While the numbers seem positive, slower loan growth will mean that the bank will require a q-o-q improvement in RoA to maintain its improving EPS (earnings per share) growth trajectory. And read | Bears flock to HDFC Bank counter as loan, deposit growth slows BNP Paribas said that its estimates of key fundamentals, including RoA and return on equity (RoE), build in a considerable margin of safety by assuming an accelerated timeline for Priority Sector Lending (PSL) asset build-up, muted Casa momentum and no expected savings in operating cost from merger synergies. Despite these conservative assumptions, we see ROA touching 1.9% in FY26 and ROE nearing the pre-merger steady state of 17% by FY27. A valuation of 2x 1-year forward core BVPS (deep discount to long-term average) does scarce justice to an FY26E core ROE of 14.9% that compares favourably with its pre-merger past five-year average, the note said. Asset quality Unlike some of its peers which are facing asset quality issues, especially in the microfinance and small-ticket unsecured portfolios, HDFC Banks asset quality is expected to remain stable on the back of controlled slippages.21 Jan, 2025 04:01 PMHDFC Bank Q3 Results Preview: NII and Profit Estimates
Indias largest private lender HDFC Bank is expected to report a 7-8.4% year-on-year growth in its December quarter net interest income (NII) according to estimates by five brokerages. The NII range is seen between Rs 30,497 crore and Rs 30,867 crore. HDFC Banks Q3 net profit could be in the range of Rs 15,873 crore to Rs 17,232 crore, the estimates said. While Nomura, Emkay Research and Yes Securities see a topline growth between 2% and 5.5% on a YoY basis, Citi and Mirae Asset Sharekhan see a 0.7-3% decline over the corresponding quarter of the previous financial year. Citi is the most conservative on NII numbers while Yes remains the most bullish among its peers. Gross slippages could rise due to the seasonal stress in the agri book. The Street will watch out for growth in the banks deposits and outlook on margins. HDFC Bank will announce its quarterly earnings on Wednesday, January 22, 2025. Nomura expects net interest income to go up by 7% YoY and 1% QoQ at Rs 30,540 crore while banks Q3FY25 net profit to rise by 2% on a YoY to Rs 16,620 crore and decline by 1% on a QoQ basis. PAT growth in the reporting quarter to be lower on account of higher taxes in the base quarter. HDFC Banks net interest margins (NIMs) is seen at 3.4%, which is likely a 2 bps uptick over Q3FY24 while going down by 4 bps versus Q2FY25. The Pre Provision Operating Profit (PPoP) could rise by 6% and 2% on a YoY and QoQ basis, respectively at Rs 25,120 crore. The loans are seen to go up by 3% YoY to Rs 25,20,100 crore as on December 31, 2024. On a sequential basis, it may be a 1% gain. As for the deposits, a double-digit YoY jump is expected at Rs 25,63,100 crore while a 3% sequential growth could be reported. NIM moderation due to decline in CD ratio, weak CASA and higher growth in corporate loans, Nomura said. Banks credit cost is likely to remain contained at 0.5%. NII could go up by 7% YoY and 1% QoQ at Rs 30,497 crore while PAT is seen to decline 3% YoY and 6% QoQ to Rs 15,873 crore. NIMs are likely to rise by 3 bps YoY and fall by 2 bps QoQ to Rs 3.63%, this brokerage said. Loans could go up by 4% YoY and 2% QoQ to Rs 25,47,726 crore while deposits witnessing a 15% YoY growth at 25,55,432 crore. Post garnering > Rs 1 trillion of deposits in 2Q, we expect the momentum to slow down in seasonally weaker 3Q and build in Rs 55,000 of deposits accretion. Endeavor to reduce the LDR, sell-down assets and repay HDFCs borrowings will keep sequential loan growth in-line with deposits growth and could slow down to below 5% on YoY basis, Citi said in a note. Focus is on incremental spreads, change in portfolio mix (towards retail) and borrowings refinancing acts as gradual NIM improvement levers. We expect broadly stable NIMs QoQ with some downward bias, Citi said. Gross slippages in 3Q could inch-up given the seasonal stress in the agri book. Citi sees credit cost to normalise gradually with 50 bps in 3Q. Citi has pegged provisions at Rs 3,278 crore as on December 31, 2024, which is a 22% YoY decline while a 21% QoQ uptick. NII is seen to grow by 7.1% over Q3FY24 at Rs 30,491 crore while it may go up by 1.3% over Q2FY25. The Q3 net profit is seen at Rs 17,103 crore which could go up by 4.5% YoY and 1.7% QoQ. PPoP is seen at Rs 24,957 crore, rising by 5.5%YoY and 1% QoQ. NIMs could remain flat on a YoY basis while rising by 5 bps on a QoQ basis at 3.6%. The PPoP is seen around Rs 24,957 crore, gaining 5.5% and 1% on a YoY and QoQ basis. Slower credit growth and elevated opex, as the bank continues to build franchisees, could keep earnings in check. Deposit growth QoQ and margin sustenance shall remain the key monitorables. Elara has a buy recommendation on HDFC Bank shares. Sharekhan expects NII to go up by 8% YoY and 2% on a QoQ basis at Rs 30,727 crore in Q3FY25 while the PAT is expected to decline on a YoY and QoQ basis to Rs 16,264 crore. It could go down 0.7% over Q3FY24 and 3.3% over Q2FY25. The PPoP is seen at Rs 24,135 crore, up by 2.1% YoY and down 2.3% QoQ. Asset quality is expected to remain broadly stable while NIMs could be flat QoQ. Key monitorable would-be progress of NIMs, loan/deposit growth outlook. HDFC Bank is among Sharekhans preferred picks and it has suggested a buy for a target of Rs 2,100. NII could be reported at Rs 30,867 crore in the October-December quarter, which may go up by 8.4% YoY and 2.5% QoQ. PAT is expected at Rs 17,232 crore, up by 5.3% YoY and 2.4 QoQ. PPoP is expected to rise 7.3% YoY and 2.7% QoQ at Rs 25,374 crore. Sequential loan growth will be in the 2.5% ballpark due to the idiosyncratic growth trajectory. NII growth will be in-line with average loan growth as the rise in yield on advances to be in tandem with a rise in the cost of deposits. Consequently, NIM will be stable sequentially. Sequential fee income growth will broadly match loan growth, Yes said in its preview note. Opex growth would slightly lag business growth. Slippages would be broadly stable on a sequential basis. Provisions will be stable on a sequential basis, it said further. Yes has an Add view on the stock for a price target of Rs 2,025.21 Jan, 2025 12:03 PMView More
HDFC Bank Financials
Value in ₹ crore
Value in ₹ crore
Value in ₹ crore
Index Inclusions
HDFC Bank Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 42.59% | 2.52 | |
| Mutual Funds | 20.71% | ||
| Retail Investors | 14.05% | ||
| Others | 22.65% |
HDFC Bank Key Indicators
HDFC Bank Valuation
HDFC Bank in the last 5 years
Lowest (15.43x)
February 14, 2024
Industry (14.71x)
January 20, 2025
Today (18.14x)
January 20, 2025
Highest (33.49x)
September 23, 2019
LowHigh
HDFC Bank Earnings and Dividends
HDFC Bank Ltd Earnings Results
HDFC Bank Ltd’s net profit jumped 6.03% since last year same period to ₹17,825.91Cr in the Q2 2024-2025. On a quarterly growth basis, HDFC Bank Ltd has generated 8.2% jump in its net profits since last 3-months.
Read More about Earnings ResultsHDFC Bank Ltd Dividends April,2024
In the quarter ending March 2024, HDFC Bank Ltd has declared dividend of ₹19.50 - translating a dividend yield of 1.19%.
Read More about Dividends
HDFC Bank Technicals Summary
Bearish
Neutral
Bullish
HDFC Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on HDFC Bank Ltd
HDFC Bank Ltd share price today stands at ₹1642.4, Open. ₹1658.25 ; Previous Close. ₹1651.25 ; High. ₹1661.05 ; Low. ₹1633.05 ; 52 Week High. ₹1880 ; 52 Week Low: ₹1363.55.
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HDFC Bank Ltd is listed on NSE
HDFC Bank Ltd is listed on BSE
- Today’s highest price of HDFC Bank Ltd is ₹1661.05.
- Today’s lowest price of HDFC Bank Ltd is ₹1633.05.
PE Ratio of HDFC Bank Ltd is 18.14
PE ratio = HDFC Bank Ltd Market price per share / HDFC Bank Ltd Earnings per share
Today’s traded volume of HDFC Bank Ltd(HDFCBANK) is 1.56Cr.
Today’s market capitalisation of HDFC Bank Ltd(HDFCBANK) is ₹1262928.1Cr.
| HDFC Bank Ltd(HDFCBANK | Price |
|---|---|
52 Week High | ₹1880 |
52 Week Low | ₹1363.55 |
HDFC Bank Ltd(HDFCBANK) share price is ₹1642.4. It is down -12.64% from its 52 Week High price of ₹1880
HDFC Bank Ltd(HDFCBANK) share price is ₹1642.4. It is up 20.45% from its 52 Week Low price of ₹1363.55
| HDFC Bank Ltd(HDFCBANK | Returns |
|---|---|
1 Day Returns | -8.85% |
1 Month Returns | -8.31% |
3 Month Returns | -4.48% |
1 Year Returns | 15.69% |