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HDFC Bank Ltd. Growth Analysis

NSE:HDFCBANK | BANKS

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Revenue and Earnings Growth

2-year historical trend showing revenue and diluted EPS

FY 2024 - FY 2025

HDFC Bank Ltd.'s revenue grew 15.4% YoY in FY2025, with EPS growing 2.6%, modest top-line and bottom-line growth.

Understanding Revenue and EPS Growth

In FY 2025, HDFC Bank Ltd.'s revenue grew by 15.4% year-over-year, while EPS grew by 2.6%. Revenue Growth: Shows HDFC Bank Ltd.'s top-line expansion over time. Consistent revenue growth indicates market share gains, successful product launches, or pricing power. Look for steady upward trends rather than erratic spikes.

EPS Growth: Earnings Per Share growth measures profitability on a per-share basis. Growing EPS faster than revenue indicates improving profit margins and operational efficiency. The ideal scenario is both metrics growing together at healthy rates.

Compound Annual Growth Rate (CAGR)

The Compound Annual Growth Rate shows the mean annual growth rate over specified time periods.

METRIC 1-YEAR CAGR 5-YEAR CAGR 10-YEAR CAGR
Revenue
+15.4% Upgrade Upgrade
Income
+10.5% Upgrade Upgrade
EPS
+2.6% Upgrade Upgrade

• CAGR calculations exclude periods with negative starting values or where values cross from positive to negative

• Green indicates positive growth, red indicates decline

HDFC Bank Ltd.'s 10-year revenue CAGR of 22.8% reflects strong sustained growth, though EPS CAGR of 15.5% trails revenue, suggesting rising costs are eating into profits.

Understanding CAGR

CAGR smooths out year-to-year volatility to show the steady annual growth rate over a period. 1-year captures recent momentum, 5-year reveals business cycle performance, and 10-year reflects durable competitive advantages.

Revenue CAGR above 15%, and EPS CAGR above 20% are generally considered excellent. Compare across all three periods and with industry peers for context.

Retained Earnings Growth

Year-over-year growth in retained earnings showing HDFC Bank Ltd.'s profit accumulation

FY 2024 - FY 2025

HDFC Bank Ltd.'s retained earnings grew 14.2% YoY in FY2025, maintaining a consistent growth track record.

Over 2 years (FY2024–FY2025), retained earnings grew by 14.2%, from 4,529.83B to 5,172.19B.

Understanding Retained Earnings Growth

In FY 2025, HDFC Bank Ltd.'s retained earnings grew by 14.2% year-over-year. What are Retained Earnings: Retained earnings represent the cumulative net income that HDFC Bank Ltd. has retained, rather than distributed to shareholders as dividends. It reflects HDFC Bank Ltd.'s ability to reinvest profits back into the business for growth, debt reduction, or other purposes.

Growth Interpretation: Consistent growth in retained earnings indicates strong profitability and effective capital allocation. Negative growth may signal losses, high dividend payouts, or share buybacks. Compare with revenue and net income growth to assess overall financial health.

Dividend Per Share Growth

Year-over-year growth in dividend per share showing HDFC Bank Ltd.'s dividend payout trend

FY 2024 - FY 2025

HDFC Bank Ltd.'s dividend per share increased 63.9% YoY in FY2025, having paid dividends in 9 of the last 10 years.

Understanding Dividend Per Share Growth

In FY 2025, HDFC Bank Ltd. paid a dividend of Rs. 9.68 per share. What is DPS: Dividend Per Share (DPS) represents the total dividends paid out to shareholders divided by the number of outstanding shares. It indicates how much cash return investors receive for each share they own.

Growth Interpretation: Consistent DPS growth indicates management's confidence in future earnings and commitment to rewarding shareholders. Companies with steady dividend growth are often financially stable and mature. Compare with earnings growth to assess dividend sustainability.

Data from audited consolidated filings. For educational purposes only — not investment advice. Last update: FY 2025