HDFC Bank

HDFC Bank Ltd.

NSE: HDFCBANK BSE: 500180 SECTOR: Bank - Private  931k   11k   2k

1320.95
+33.90 (2.63%)
NSE: 20 May 03:59 PM

Price Summary

Today's High

₹ 1324.2

Today's Low

₹ 1292.35

52 Week High

₹ 1725

52 Week Low

₹ 1278.3

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.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 733294.93 Cr.

CASA %

46.12

No. of Shares

555.13 Cr.

P/E

19.84

P/B

3.05

Face Value

₹ 1

Div. Yield

0.51 %

Book Value (TTM)

₹  432.5

Net Interest Income

₹ 64879.57 Cr.

Cost To Income %

36.32

Promoter Holding

25.78 %

EPS (TTM)

₹  66.58

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.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Index Presence

The company is present in 34 Indices.

BANKNIFTY

Nifty Bank
34276.4
  960.75 (2.88377984520789%)

NIFTYSERVICE

Nifty Services Sector
21761.55
  459.200000000001 (2.15563071679885%)

NIFTY100WEIGHT

Nifty100 Equal Weight
19085.15
  397.75 (2.1284394832882%)

NIFTYEQWGT

NIFTY50 Equal Weight
18509.7
  465.650000000001 (2.58062907163303%)

NIFTYPTBNK

Nifty Private Bank
17410.5
  463.049999999999 (2.7322694564669%)

NIFTY100

Nifty 100
16476.7
  429.35 (2.67551963408288%)

NIFTY

Nifty 50
16266.15
  456.75 (2.88910395081408%)

NIFTYFINANCE

Nifty Financial Services
15793.6
  395.700000000001 (2.56983095097383%)

NTYFIN2550

Nifty Financial Services 25/50
15503.7
  345.85 (2.28165603960984%)

NIFTY500

Nifty 500
13895.05
  344.15 (2.53968371104503%)

NT100LOW30

Nifty100 Low Volatility 30
12395.2
  298.400000000001 (2.46676807089479%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
9041.4
  210.549999999999 (2.38425519627214%)

NIFTYLGEMID250

NIFTY LargeMidcap 250
9036.5
  208.049999999999 (2.35658581064626%)

NIFTY200

Nifty 200
8597.1
  218.75 (2.61089594013142%)

NIFTYTOTALMCAP

Nifty Total Market index
7734.3
  191.85 (2.54360320585487%)

NSEQ30

NIFTY100 Quality 30
3607.35
  76 (2.15215144349894%)

NFTQTLO30

NIFTY Quality Low-Volatility 30
11388.15
  -287.66 (-2.4637262853712%)

NIFTYLOWVOL

Nifty Low Volatility 50
14579.08
  -335.74 (-2.25104962714937%)

SENSEX

S&P Bse Sensex
54326.39
  1534.16 (2.90603370988496%)

BANKEX

S&P Bse Bankex
39631.09
  1121.57999999999 (2.9124753859501%)

BSE500

S&P Bse 500
22137.19
  548.18 (2.53916228673756%)

SNSX50

S&P Bse Sensex50
17056.27
  474.830000000002 (2.86362342474478%)

BSE100

S&P Bse 100
16588.32
  426.74 (2.64045965802848%)

BSEPVTBANK

S&P Bse Private Bank
12963.36
  349.140000000001 (2.76782868857528%)

FIN

S&P Bse Finance
7367.07
  181.45 (2.52518223897171%)

BSE200

S&P Bse 200
7051.46
  178.02 (2.58996950580788%)

LMI250

S&P Bse 250 LargeMidCap
6673.67
  166.91 (2.56517836834307%)

ALLCAP

S&P Bse Allcap
6363.83
  157.94 (2.54500160331554%)

LRGCAP

S&P Bse LargeCap
6304.29
  167.25 (2.72525517187439%)

BSE100LARGECAPTMC

S&P Bse 100 LargeCap TMC
6000.72
  156 (2.66907567856116%)

CARBONEX

S&P Bse Carbonex
2694.93
  69.2999999999997 (2.6393665520275%)

SPBSLVIP

S&P Bse Low Volatility
1116.06
  24.51 (2.24543080939947%)

ESG100

S&P Bse 100 ESG Index
272.49
  7.41000000000003 (2.79538252602989%)

S&P LARGEMIDCAP

S&P Bse Large MidCap
6628.39
  169.08 (2.61761705197614%)

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. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

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

1.11

Advances Growth %

14.0015447138514

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2022 25.78 0
Dec 2021 25.8 0
Sep 2021 25.83 0
Jun 2021 25.89 0
Mar 2021 25.97 0
Investors List
* 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 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
Interest Earned 30423.59 30482.97 31353.37 32468.05 33448.72
Other Income 7593.91 6288.5 7400.79 8183.55 7637.06
Interest Expended 13303.44 13474.01 13668.98 14024.57 14575.98
Operating Expenses 9181.29 8160.43 9277.89 9851.08 10152.79
Total Provisions 4693.7 4830.84 3924.66 2993.98 3312.35
Profit Before Tax 10839.07 10306.19 11882.63 13781.97 13044.66
Tax 2652.56 2576.55 3048.32 3439.77 2989.48
Net Profit 8186.51 7729.64 8834.31 10342.2 10055.18
Net NPA % 0.4 0.48 0.4 0.37 0.32
Gross NPA % 1.32 1.47 1.35 1.26 1.17
Return on Assets % 0.5 0.45 0.5 0.56 0.52
NPM % 26.91 25.36 28.18 31.85 30.06

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 Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Promoters 25.97 25.89 25.83 25.80 25.78
housing developmen... 19.14 - - - -
housing developmen... - 18.63 18.57 18.53 18.45
housing developmen... - - - - -
hdfc investments l... - 7.11 7.09 7.07 7.04
hdfc investments ... - - - - -
hdfc investments ... 6.64 - - - -
PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Investors 74.03 74.11 74.17 74.20 74.22
europacific growth... 2.14 4.80 4.67 4.66 5.02
qualified institut... - - - - -
sbi-etf nifty 50 4.37 1.81 2.02 2.12 2.07
life insurance cor... - 2.45 2.45 2.43 2.42
lici asm non par 3.22 - - - -
icici prudential b... 1.70 - - - -
hdfc trustee compa... - - - 1.53 -
icici prudential l... - 1.48 1.52 1.52 1.41
hdfc trustee compa... - - 1.49 - -
uti - nifty exchan... 1.40 - - - -
government of sing... - 1.37 1.39 1.35 1.33
capital world grow... - 1.38 1.34 - -
hdfc trustee compa... - - - - 1.37
hdfc trustee compa... - 1.34 - - -
hdfc trustee compa... 1.31 - - - -
iepf 0.15 - - - 0.13
iepf authority - - 0.13 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

HDFC Bank inaugurates new branch in Mandi district21 May 2022, 11:51AM HDFC Bank carves out rural banking as separate vertical19 May 2022, 4:47PM Merrill Lynch India Equities Fund Mauritius offloads 3.86 lakh shares of HDFC Bank18 May 2022, 10:30AM HDFC Bank gets RBI’s nod to set up step-down subsidiary for offering broking, clearing services16 May 2022, 9:19AM HDFC Bank launches ‘Xpress Car Loans’10 May 2022, 10:53AM HDFC Bank opens over 1,000 branches during pandemic6 May 2022, 2:18PM HDFC Bank opens new branch in Coimbatore26 Apr 2022, 3:09PM HDFC Bank planning to launch slew of digital initiatives over next few quarters26 Apr 2022, 9:59AM HDFC Bank informs about outcome of board meeting23 Apr 2022, 2:15PM HDFC Bank’s total advances cross Rs 65000 crore landmark in Uttar Pradesh23 Apr 2022, 12:11PM HDFC Bank opens branch near Hindon Air Force Base in Ghaziabad22 Apr 2022, 11:28AM HDFC Bank planning to open 150 new branches across Uttar Pradesh this year22 Apr 2022, 9:52AM HDFC Bank to bring premium auto brands under one roof in Kolkata21 Apr 2022, 4:39PM HDFC Bank opens first branch in Keylong21 Apr 2022, 2:29PM HDFC Bank opens branch in Rajasthan Secretariat20 Apr 2022, 2:10PM HDFC Bank’s gross NPAs decline to 1.17% in March 18 Apr 2022, 3:45PM HDFC Bank opens 563 new branches in Q418 Apr 2022, 12:59PM HDFC Bank reports 24% rise in Q4 consolidated net profit18 Apr 2022, 10:35AM HDFC Bank gets approval to raise up to Rs 50,000 crore18 Apr 2022, 9:28AM HDFC Bank - Quaterly Results16 Apr 2022, 2:27PM HDFC Bank - Quaterly Results16 Apr 2022, 2:27PM HDFC Bank - Quaterly Results16 Apr 2022, 2:27PM HDFC Bank inaugurates 8 new branches in Uttarakhand13 Apr 2022, 11:22AM HDFC Bank’s total advances in Assam cross Rs 7,000 crore 8 Apr 2022, 11:08AM HDFC Bank planning to raise Rs 50,000 crore via bonds7 Apr 2022, 10:44AM HDFC Bank’s advances rise 21% in Q4FY224 Apr 2022, 3:15PM HDFC Bank informs about inevstors meet4 Apr 2022, 9:48AM HDFC Bank adjudged best performing bank 4 Apr 2022, 9:29AM HDFC Bank, Shoppers Stop launch co-branded credit cards31 Mar 2022, 2:20PM HDFC Bank informs about disclosure29 Mar 2022, 5:09PM HDFC Bank informs about disclosure29 Mar 2022, 9:26AM HDFC Bank signs agreement for investment in IDRCL29 Mar 2022, 9:25AM Ather Energy partners with HDFC Bank, IDFC First Bank24 Mar 2022, 2:45PM HDFC Bank acquires 7.84% stake in Open Network for Digital Commerce23 Mar 2022, 4:21PM RBI lifts all restrictions on HDFC Bank14 Mar 2022, 11:18AM HDFC Bank recognized for excellence in India in Euromoney Private Banking & Wealth Management Survey 9 Mar 2022, 12:30PM HDFC Bank launches skill training initiative8 Mar 2022, 10:30AM HDFC Bank, NSE IFSC unlock investing opportunities in Global Stocks for Indian Retail Investors 4 Mar 2022, 12:11PM HDFC Bank informs about allotment of equity shares under ESOP26 Feb 2022, 10:19AM HDFC Bank enters into arrangement with LKP Securities16 Feb 2022, 10:38AM HDFC Bank partners with Spices Board India28 Jan 2022, 12:47PM HDFC Bank reports 21% rise in Q3 consolidated net profit17 Jan 2022, 10:46AM HDFC Bank informs about unaudited financial results15 Jan 2022, 3:42PM HDFC Bank - Quaterly Results15 Jan 2022, 1:36PM HDFC Bank - Quaterly Results15 Jan 2022, 1:36PM HDFC Bank - Quaterly Results15 Jan 2022, 1:36PM HDFC Bank adjudged Best Private Bank in India at Global Private Banking Awards 2021 12 Jan 2022, 11:39AM HDFC Bank inaugurates smart classrooms in govt schools in Rajasthan11 Jan 2022, 12:58PM HDFC Bank goes live for customs duty payments7 Jan 2022, 4:00PM HDFC Bank enters into MoU with AIC STPINEXT Initiatives6 Jan 2022, 2:08PM

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 3.0536 . The historical average PB was 3.95661733011603.

Brief about HDFC Bank

X