| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Total income | 1,29,359 | 1,18,561 | +9.1% |
| Net interest income | 44,464 | 40,253 | +10.5% |
| Operating profit | 32,872 | 30,941 | +6.2% |
| Net profit | 20,700 | 19,611 | +5.6% |
| EPS | ₹13.43 | ₹12.78 | +5.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 10,54,910 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 3,59,956 | 3,48,615 | 3,36,367 | 2,83,649 | 1,70,754 | ||
| — | +3.6% | +18.6% | +66.1% | — | ||
| 1,70,621 | 1,63,124 | 1,52,473 | 1,29,510 | 92,974 | ||
| — | +7.0% | +17.7% | +39.3% | — | ||
| 3.5% | 3.5% | 3.6% | 4.0% | 4.0% | ||
| 1,25,561 | 1,28,798 | 1,10,417 | 1,01,587 | 75,352 | ||
| 82,125 | 76,026 | 70,792 | 64,062 | 45,997 | ||
| — | +7.4% | +10.5% | +39.3% | — | ||
| ₹52.04 | ₹49.39 | ₹45.99 | ₹41.62 | ₹29.88 | ||
| — | +7.4% | +10.5% | +39.3% | — | ||
| 13.8% | 13.8% | 14.6% | 17.2% | 17.1% | ||
Balance sheet & asset quality | ||||||
| 33,24,146 | 30,99,638 | 27,10,898 | 23,76,887 | 18,82,663 | ||
| 33,16,058 | 30,50,783 | 27,24,938 | 25,65,891 | 16,61,949 | ||
| — | 1.2% | 1.3% | 1.2% | 1.1% | ||
| — | 0.4% | 0.4% | 0.3% | 0.3% | ||
| — | 19.7% | 19.6% | 18.8% | 19.3% | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 10,54,909.7 | |
| Interest Earned | 1,70,754.1 | 2,83,649.0 | 3,36,367.4 | 3,48,615.2 | 3,59,956.4 | |
| Growth %, YoY | — | +66.1 | +18.6 | +3.6 | — | |
| Net Interest Income | 92,974.1 | 1,29,510.5 | 1,52,473.2 | 1,63,123.9 | 1,70,621.5 | |
| Growth %, YoY | — | +39.3 | +17.7 | +7.0 | — | |
| NIM %, on assets | 4.00 | 3.95 | 3.62 | 3.51 | 3.51 | |
| Operating Profit (PPOP) | 75,352.5 | 1,01,586.9 | 1,10,416.7 | 1,28,797.7 | 1,25,561.0 | |
| Net Income | 45,997.1 | 64,062.0 | 70,792.3 | 76,026.0 | 82,124.5 | |
| Growth %, YoY | — | +39.3 | +10.5 | +7.4 | — | |
| EPS, Adj (current shares) | 29.88 | 41.62 | 45.99 | 49.39 | 52.04 | |
| Growth %, YoY | — | +39.3 | +10.5 | +7.4 | — | |
| ROE % | 17.14 | 17.24 | 14.57 | 13.83 | 13.83 | |
| Balance Sheet & Asset Quality | ||||||
| Deposits | 18,82,663.3 | 23,76,887.3 | 27,10,898.2 | 30,99,638.3 | 33,24,146.4 | |
| Advances | 16,61,949.3 | 25,65,891.4 | 27,24,938.2 | 30,50,783.2 | 33,16,057.5 | |
| Gross NPA % | 1.12 | 1.24 | 1.33 | 1.15 | — | |
| Net NPA % | 0.27 | 0.33 | 0.43 | 0.38 | — | |
| Capital Adequacy (CAR) % | 19.26 | 18.80 | 19.55 | 19.71 | — | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
HDFC Bank (NSE: HDFCBANK) had a market capitalisation of ₹10,53,553 crore at the 29 October 2026 close (₹683.30 a share), a PE ratio of 13.2 on the last four quarters' profit and a price-to-book ratio of 1.75. In FY26 its standalone net profit was ₹74,671 crore on net interest income of ₹1,28,686 crore; in Q2 FY27 (July–September 2026) it was ₹19,510 crore, up 4.7% year on year. Gross NPAs were 1.11% of advances on 30 September 2026.
HDFC Bank's PE ratio is 13.2 at the 29 October 2026 close (₹683.30 a share): a market capitalisation of ₹10,53,553 crore divided by consolidated net profit of ₹80,102 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹76,026 crore) it is 13.9.
In FY26, HDFC Bank's return on equity (ROE) was 13.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year). In FY25, ROE was 14.6%. The bank's own reported (standalone) return on equity for FY26 was 14.3%.
HDFC Bank's book value per share was ₹391.39 on 30 September 2026: shareholders' equity of ₹6,03,469 crore divided by the 1,541.86 crore shares in issue, up 11.5% from ₹350.92 a year earlier. The share price at the 29 October 2026 close was ₹683.30.
HDFC Bank's price-to-book (PB) ratio is 1.75 at the 29 October 2026 close: a market capitalisation of ₹10,53,553 crore divided by shareholders' equity (book value) of ₹6,03,469 crore on 30 September 2026. That is a book value of ₹391.39 per share against a share price of ₹683.30.
HDFC Bank's net worth — shareholders' equity in its consolidated balance sheet — was ₹6,03,469 crore (₹6.03 lakh crore) on 30 September 2026, up 11.9% from ₹5,39,144 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹10,53,553 crore at the 29 October 2026 close.
HDFC Bank's gross non-performing assets (NPAs) were ₹35,810 crore, 1.11% of gross advances, on 30 September 2026 (1.24% a year earlier). Net NPAs were 0.37% of net advances (0.42% a year earlier).
HDFC Bank's market capitalisation was ₹10,53,553 crore (₹10.54 lakh crore) at the 29 October 2026 close: 1,541.86 crore shares at ₹683.30 each.
HDFC Bank's basic earnings per share (EPS) were ₹49.50 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹52.03.
HDFC Bank's CASA ratio — current and savings account deposits as a share of total deposits — was 34.1% on 31 March 2026, as reported in its annual results.
HDFC Bank's net interest margin was 3.34% in FY26, as reported by the bank in its annual results.
HDFC Bank's credit-deposit ratio was 96.0% on 30 September 2026: advances divided by deposits, from its standalone balance sheet.
In 2026, HDFC Bank has declared one dividend: ₹13 with record date 19 June 2026.
HDFC Bank's common equity tier 1 (CET1) ratio was 18.87% on 30 September 2026, and its total capital adequacy ratio (CRAR) was 19.71% on 31 March 2026, as reported under Basel III.
On 30 September 2026, HDFC Bank's deposits were ₹33,27,449 crore, up 18.8% from a year earlier, and its advances (loans) were ₹31,95,566 crore, up 16.4% from a year earlier.
HDFC Bank's dividend yield is 1.90% at the 29 October 2026 close: dividends of ₹13 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹683.30. They were ₹13 on 19 June 2026.
HDFC Bank has no promoter group: on 30 September 2026 promoters held 0% of its shares, according to the shareholding pattern filed with NSE. Foreign portfolio investors held 39.40% and domestic institutions 43.63%.
HDFC Bank's latest results are for Q2 FY27 (July–September 2026), filed on 17 October 2026: standalone net profit ₹19,510 crore, up 4.7% from ₹18,641 crore in Q2 FY26; net interest income ₹34,619 crore, up 9.7% year on year.
HDFC Bank has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On 30 September 2026, HDFC Bank's shares were held by foreign portfolio investors (FII/FPI) 39.40%, domestic institutions (DII) 43.63% (including mutual funds at 31.88%) and retail and other non-institutional investors 16.97%. Over the year, FII holding was down 8.99 percentage points from 48.39% and DII holding was up 7.37 percentage points from 36.26%.
At the 29 October 2026 closing prices, on FY26 net profit, HDFC Bank's PE ratio is 13.9, the lowest of the four: ICICI Bank 18.4, Kotak Mahindra Bank 23.7 and Axis Bank 14.5, a peer average of 18.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, HDFC Bank earned net profit of ₹76,026 crore, against ₹54,208 crore for ICICI Bank. HDFC Bank's return on equity was 13.8% (ICICI Bank 16.1%) and its gross NPA ratio 1.15% (ICICI Bank 1.41%). At the 29 October 2026 close, HDFC Bank's market capitalisation was ₹10,53,553 crore against ₹9,95,551 crore for ICICI Bank, and its PE ratio on FY26 profit 13.9 against 18.4.
In FY26 (April 2025–March 2026), HDFC Bank's standalone net profit was ₹74,671 crore, up 10.9% from ₹67,347 crore in FY25, on net interest income of ₹1,28,686 crore (up 4.9%). Over three years, from FY23, net profit was up 69.3%.
On FY26 consolidated figures, against ICICI Bank, Kotak Mahindra Bank and Axis Bank: HDFC Bank's return on equity of 13.8% is the second highest of the four (ICICI Bank 16.1%, Kotak Mahindra Bank 11.4%, Axis Bank 13.2%; peer average 13.6%); its return on assets of 1.63% is the third highest of the four (ICICI Bank 1.95%, Kotak Mahindra Bank 2.05%, Axis Bank 1.46%; peer average 1.82%); its gross NPA ratio of 1.15% is the lowest of the four (ICICI Bank 1.41%, Kotak Mahindra Bank 1.23%, Axis Bank 1.23%; peer average 1.29%).
From HDFC Bank's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.