HDFC Bank

HDFC Bank Ltd.

NSE: HDFCBANK BSE: 500180 SECTOR: Bank - Private

1559.85
-22.3 (-1.41%)
NSE: 20 Sep 04:12 PM

Price Summary

Today's High

₹ 1581.7

Today's Low

₹ 1558

52 Week High

₹ 1641

52 Week Low

₹ 1025

FinStar

Ownership Very Stable
High level of belief in company’s potential exhibited by insiders.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

₹ 863759.43 Cr.

CASA %

46.12

No. of Shares

553.75 Cr.

P/E

26.84

P/B

4.06

Face Value

₹ 1

Div. Yield

0.42%

Book Value (TTM)

₹  383.73

Net Interest Income

₹ 64879.57 Cr.

Cost To Income %

36.32

Promoter Holding

25.89%

EPS (TTM)

₹  58.13

CAR %

18.79%

ROE

16.61 %

ROCE

14.51 %

Profit Growth

18.51 %

Add Your Ratio

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Ratios

ROE%

1 Year16.61%
3 Year16.5%
5 Year17.06%

ROA%

1 Year1.9%
3 Year1.87%
5 Year1.85%

Net NPA%

1 Year0.4%
3 Year0.38%
5 Year0.38%

 NIM

1 Year3.83%
3 Year3.89%
5 Year3.93%

CAR %

18.79

Cost of Liabilities %

3.80665393738357

PEG Ratio

1.5

Advances Growth %

14.0015447138514

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2021 25.89 0
Mar 2021 25.97 0
Dec 2020 26 0
Sep 2020 26.02 0
Jun 2020 26.1 0
* Figures given above are % of equity capital

 Strengths

  • The bank has been maintaining a healthy ROA of 1.87246781948293% since last 3 years.
  • Company has a good Return on Equity (ROE) track record: 3 Years ROE 16.5029600484633%.
  • The company has been consistently maintaining a NIM of 3.89430372842797% since last 3 years.
  • The Bank is prominently managing its Non-Performing Assets, Average NET NPA of last 3 years is 0.383333333333333%.
  • CASA stands at 46.1164338587714% of total deposits.
  • Cost to Income ratio stands at 36.3243881770725 %
  • Good Capital Adequacy Ratio of 18.79%.
  • The company has delivered good Profit growth of 21.1790407444294% over the past 3 years.

 Limitations

  • Increase in Provision and contingencies of 29.3225694867034% on YoY.
  • The company is trading 4.04161255344274 times of its Book Value.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Interest Earned 30377.97 29976.97 30079.7 30423.59 30482.97
Other Income 4075.31 6092.45 7443.22 7593.91 6288.5
Interest Expended 14712.55 14200.58 13762.09 13303.44 13474.01
Operating Expenses 6911.46 8055.06 8574.81 9181.29 8160.43
Total Provisions 3891.52 3703.5 3414.13 4693.7 4830.84
Profit Before Tax 8937.75 10110.28 11771.89 10839.07 10306.19
Tax 2279.13 2597.17 3013.6 2652.56 2576.55
Net Profit 6658.62 7513.11 8758.29 8186.51 7729.64
Net NPA % 0.33 0.17 0.09 0.4 0.48
Gross NPA % 1.36 1.08 0.81 1.32 1.47
Return on Assets % 0.44 0.48 0.55 0.5 0.45
NPM % 21.92 25.06 29.12 26.91 25.36

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Interest Earned 69305.96 80241.36 98972.05 114812.65 120858.23
Other Income 12296.5 15220.3 17625.88 23260.82 25204.89
Interest Expended 36166.73 40146.49 50728.83 58626.4 55978.66
Operating Expenses 19703.34 22690.38 26119.37 30697.53 32722.63
Total Provisions 3593.31 5927.49 7550.08 12142.39 15702.85
Profit Before Tax 22139.07 26697.3 32199.66 36607.16 41658.99
Taxes 7589.43 9210.57 11121.49 10349.84 10542.46
Net Profit 14549.64 17486.73 21078.17 26257.32 31116.53
Adjusted EPS (Rs.) 28.39 33.69 38.7 47.89 56.44

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 512.51 519.02 544.66 548.33 551.28
Total Reserves 88949.84 105775.98 148661.69 170437.7 203169.55
Deposits 643639.66 788770.64 923140.93 1147502.29 1335060.22
Borrowings 74028.87 123104.97 117085.12 144628.54 135487.32
Other Liabilities 56709.32 45763.72 55108.29 67394.4 72602.15
Total Liabilities 863840.19 1063934.32 1244540.69 1530511.26 1746870.52
Assets
Balance with RBI 37896.88 104670.47 46763.62 72205.12 97340.74
Balance with Banks 11055.22 18244.61 34584.02 14413.6 22129.66
Investments 214463.34 242200.24 293116.07 391826.66 443728.29
Advances 554568.2 658333.09 819401.22 993702.88 1132836.63
Net Block 3626.74 3607.2 4030 4431.92 4909.32
Other Assets 42229.82 36878.7 46645.76 53931.09 45925.89
Total Assets 863840.19 1063934.32 1244540.69 1530511.26 1746870.52
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Promoters 26.1 26.02 26 25.97 25.89
hdfc investments limited ... 0 0 0 0 0
housing development finan... 0 0 0 19.28 0
housing development finan... 0 0 0 0 0
hdfc investments limited... 6.72 0 0 0 0
housing development finan... 19.38 0 0 0 0
hdfc investments limited... 0 6.7 0 0 0
housing development finan... 0 19.32 0 0 0
hdfc investments limited... 0 0 6.7 0 6.67
housing development finan... 0 0 19.3 0 19.22
hdfc investments limited... 0 0 0 6.69 0
housing development finan... 0 0 0 19.28 0
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Public 14.76 13.65 12.95 13.01 13.1
iepf authority 0 0 0 0 0
iepf 0.15 0 0.15 0.15 0.15
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
FII/DII 58.89 60.09 60.82 60.78 60.85
europacific growth fund 3.37 3.82 3.58 3.63 3.08
government of singapore 0 0 0 0 0
life insurance corporatio... 3.48 3.79 3.52 3.39 3.24
sbi-etf nifty 50 3.28 3.46 3.42 3.34 3.62
europacific growth fund 3.37 3.82 3.58 3.63 3.08
government of singapore 0 0 0 0 0
life insurance corporatio... 3.48 3.79 3.52 3.39 3.24
qualified institutional b... 0 4.37 4.06 4.05 3.97
icici prudential bluechip... 1.38 0 0 0 0
icici prudential life ins... 1.28 1.23 0 0 0

Company News

HDFC Bank partners with Paytm 20 Sep 2021, 1:16PM HDFC Bank signs MoU with Greater Noida Industrial Development Authority 16 Sep 2021, 3:29PM HDFC Bank signs MoU with NSIC 8 Sep 2021, 9:59AM HDFC Bank lists $1 billion AT-1 bonds on IFSC exchanges27 Aug 2021, 11:59AM HDFC Bank informs about disclosure26 Aug 2021, 9:40AM HDFC Bank sells stake in Central Depository Services24 Aug 2021, 4:40PM HDFC Bank looking to regain lost market share in 1 year after RBI lifts credit card ban23 Aug 2021, 3:07PM HDFC Bank enters into strategic partnership with Paytm: Report23 Aug 2021, 12:37PM HDFC Bank named ‘Best Bank’ by FinanceAsia21 Aug 2021, 12:02PM HDFC Bank launches $1 billion additional tier-I bond issue19 Aug 2021, 1:51PM HDFC Bank’s Parivartan impacts over 5.35 lakh people in Himachal Pradesh in 2020-202119 Aug 2021, 11:35AM HDFC Bank informs about disclosure19 Aug 2021, 9:48AM RBI allows HDFC Bank to sell new credit cards 18 Aug 2021, 11:13AM HDFC Bank informs about disclosure18 Aug 2021, 9:49AM HDFC Bank informs about schedule of the analyst meet18 Aug 2021, 9:44AM HDFC Bank informs about analyst meet17 Aug 2021, 10:27AM HDFC Bank planning to raise capital through bonds16 Aug 2021, 12:22PM HDFC Bank informs about issuance of debt instruments 16 Aug 2021, 10:10AM HDFC Bank’s Parivartan impacts over 30.4 lakh people in Gujarat in 2020-20214 Aug 2021, 3:30PM HDFC Bank launches Onam ‘Festive Treats’4 Aug 2021, 2:57PM HDFC Bank, CSC launch overdraft scheme for small retailers28 Jul 2021, 2:57PM HDFC Bank subscribes 5.55% equity shares in IBBIC27 Jul 2021, 11:37AM HDFC Bank informs about disclosure27 Jul 2021, 10:03AM HDFC Bank adjudged Best for wealth transfer - succession planning in India 2021 19 Jul 2021, 12:41PM HDFC Bank reports 14% rise in Q1 consolidated net profit19 Jul 2021, 10:52AM HDFC Bank’s arm to create own discount broking architecture19 Jul 2021, 9:58AM HDFC Bank informs about outcome of board meeting 17 Jul 2021, 3:28PM HDFC Bank named as ‘Best Bank in India’ at Euromoney Awards 202116 Jul 2021, 1:34PM HDFC Bank signs MoU with ‘SASTRA’ to support start-ups14 Jul 2021, 12:34PM HDFC Bank informs about appointment of chartered accountants13 Jul 2021, 9:45AM HDFC Bank’s CSR spending rises 18% in FY219 Jul 2021, 11:36AM HDFC Bank inks pact with Creditas Solutions7 Jul 2021, 11:11AM HDFC Bank’s advances rise 14% in Q1FY225 Jul 2021, 10:56AM HDFC Bank, HDFC Securities acquire 7.4% stake in Virtuoso Infotech28 Jun 2021, 11:33AM HDFC Bank creates digital and enterprise factories to enhance digital banking experience23 Jun 2021, 1:08PM HDFC Bank planning to acquire stake in Borderless Softtech23 Jun 2021, 12:14PM HDFC Bank offloads stake in Central Depository Services23 Jun 2021, 12:02PM HDFC Bank opens 7 new branches in Rajasthan22 Jun 2021, 3:37PM HDFC Bank informs about newspaper advertisement 22 Jun 2021, 11:03AM HDFC Bank gets nod to buy stake in HDFC ERGO General Insurance Company from HDFC21 Jun 2021, 9:46AM HDFC Bank to refund controversial 'GPS device commission' charged to auto loan borrowers18 Jun 2021, 11:30AM HDFC Bank informs about analysts meet16 Jun 2021, 10:00AM HDFC Bank informs about board meeting15 Jun 2021, 9:56AM HDFC Bank informs about analyst meet10 Jun 2021, 10:11AM HDFC Bank signs MoU with KIADB9 Jun 2021, 9:46AM HDFC Bank deploys Mobile ATM in Jhajjar, Rohtak7 Jun 2021, 1:24PM HDFC Bank deploys Mobile ATM in Patna5 Jun 2021, 12:09PM HDFC Bank commits to become carbon neutral by 2031-323 Jun 2021, 3:34PM HDFC Bank deploys Mobile ATMs across 50 cities in India3 Jun 2021, 12:40PM HDFC Bank to set up medical infrastructure for covid-19 relief31 May 2021, 3:14PM

HDFC Bank Stock Price Analysis and Quick Research Report. Is HDFC Bank an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how HDFC Bank is performing and if it is the right time to buy the stock of HDFC Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. HDFC Bank has earned Rs 120858.2265 Cr. revenue in the latest financial year. It has posted decent revenue growth of 14.6283553870746 % in last 3 Years.

  • In terms of advances, the bank reported 14.0015447138514 % YOY,  rise . If you see 3 years advance growth, it stands at 19.8322920357033 %.

  • Currently the company has a CASA ratio of 46.1164338587714 %. It’s overall cost of liability stands at 3.80665393738357 %. Also, the total deposits from these accounts stood at Rs 1335060.2208 Cr.

  • The Bank has a healthy ROA track record. The ROA of HDFC Bank is at 1.89886484175882 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 1.32 % and 0.4 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 29.3225694867034 % which means it has increased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of HDFC Bank surged and is currently at Rs 25204.8927 Cr.

  • The company has a Good Capital Adequacy Ratio of 18.79 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently HDFC Bank is trading at a P/B of 4.0726 . The historical average PB was 3.95661733011603.

Brief about HDFC Bank

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