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HDFC Bank Ltd. Fundamental Analysis Revenue, Profits & Valuation

NSE: HDFCBANK | BSE: 500180 | BANKS
Price ₹753.65 +₹5.40 (+0.72%)
P/B Ratio 2.2 TTM
52-Week Range
Low ₹727 High ₹1,021
Market Cap ₹11.55T Trillion
ROE 13.2% Annual

Market data as of Jun 3, 2026

Here is a data-driven look at HDFC Bank Ltd. (HDFCBANK), covering financial performance, valuation, and shareholding trends.

HDFC Bank Revenue Trend

HDFC Bank Ltd.'s top line grew 15.4% to ₹4,70,915 Cr in FY2025, compared to ₹4,07,994 Cr in FY2024.

The long-term growth story is impressive: a 22.8% CAGR over 10 years, from ₹60,212 Cr to ₹4,70,915 Cr. That's well above what most listed companies manage.

With a top line of ₹4,70,915 Cr, HDFC Bank Ltd. operates at a major scale within the banks sector.

Looking at the year-on-year numbers, HDFC Bank Ltd. has seen 10 years of unbroken revenue growth.

Revenue Trend
YearRevenueYoY %
FY2025₹4,70,915 Cr+15.4%
FY2024₹4,07,994 Cr+99.3%
FY2023₹2,04,666 Cr+22.0%
FY2022₹1,67,695 Cr+7.6%
FY2021₹1,55,885 Cr
Revenue Trend (₹ Cr)

View HDFC Bank Ltd.'s full 10-year revenue trend with CAGR analysis →

Is HDFC Bank Undervalued

The P/E Ratio approach puts HDFC Bank Ltd.'s intrinsic value at ₹1,003, a 33.0% upside from the current market price.

HDFC Bank Ltd. shares are currently trading at ₹753.65.

Craytheon also calculates intrinsic value using the EPS Growth, P/B Ratio, and DDM models. The full breakdown with assumptions is available in the detailed analysis.

Valuation Models
ModelEst. Fair Valuevs. Current Price
P/E RatioUpgradeUpgrade
EPS GrowthUpgradeUpgrade
P/B Ratio₹1,00333.0% upside to fair value
DDMUpgradeUpgrade

See all valuation models for HDFC Bank Ltd. with detailed assumptions →

HDFC Bank Shareholding Pattern

HDFC Bank Ltd. is a widely held company with no promoter group. Ownership is distributed across institutional and public shareholders.

Foreign institutional investors (FIIs) held 44.0% as of March 2026, down from 48.8% a year ago.

Domestic investors held 40.3% of the company as of March 2026, up year-over-year from 36.0%.

Shareholding Pattern (Last 4 Quarters)
QuarterPromoterFIIDIIPublic
Mar 20260.0%44.0%40.3%15.6%
Dec 20250.0%47.7%37.2%15.1%
Sep 20250.0%48.4%36.3%15.3%
Jun 20250.0%48.8%36.0%15.2%

Track quarterly shareholding changes for HDFC Bank Ltd. →

HDFC Bank Balance Sheet

Proportional view as of 3 Jun 2026. Hover blocks for details.

Assets

Liabilities & Equity

FY2025 total assets: ₹43,924.17B (up 9.0% YoY from ₹40,301.94B).

Top categories: Loans & Advances (62.0%), Investments (27.0%), Cash (5.7%).

Of the ₹43,924.17B in liabilities and equity, 61.7% is Deposits, 14.4% is Borrowings, 12.3% is Equity, and 11.6% is Other Liabilities. Over the year, deposits are up 14.1% and equity is up 14.6%.

Balance sheet composition — FY 2025

Assets (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Cash 2,499.48B
Loans & Advances 27,249.38B
Investments 11,864.73B
Other Assets 2,310.58B
Liabilities and equity (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Equity 5,381.48B
Deposits 27,108.98B
Borrowings 6,346.06B
Other Liabilities 5,087.65B

View full balance sheet (multi-year) →

HDFC Bank at a Glance

To sum up HDFC Bank Ltd.'s financial position: the data paints a clear picture for investors evaluating this banks stock.

Revenue of ₹4,70,915 Cr in FY2025, up 15.4% year-over-year.

Long-term revenue has been compounding at 22.8% annually over 10 years.

The P/B Ratio model implies 33.0% upside to fair value from the current price. The remaining three models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.

Unlock Full Analysis

Craytheon's full analysis of HDFC Bank Ltd. goes deeper: four valuation models, growth metrics, and 10 years of financial data.

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