Stocktoria

HDFC BANK LTD HDB

NYSE · stock · Commercial Banks, NEC · website · IPO 2001-07-23

HDFC BANK LTD statistics & valuation

Profitability & efficiency

Net margin (%)
32.10% 33.10% 35.10% 37.00% 38.60% 41.70% 43.30% 43.80% 33.60% 30.80% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
13.50% 13.70% 15.20% 13.50% 13.70% 15.10% 15.40% 17.00% 7.90% 7.80% 2016201720182019202020212022202320242025
Shares outstanding
5.09B 5.15B 5.23B 5.45B 5.51B 5.52B 5.56B 5.59B 7.60B 7.66B 2016201720182019202020212022202320242025
Net debt ($)
$516.49B $4.66B $5.51B $15.10B $13.62B $16.06B $20.49B $25.00B $79.78B $68.67B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.50% 1.50% 1.60% 1.70% 1.60% 1.80% 1.80% 1.90% 1.40% 1.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
3061.90% 5795.60% 16.70% 28.00% 22.70% 115.50% 62.20% 38.30% 52.20% 51.60% 2016201720182019202020212022202320242025
Debt / equity (×)
39.74× 0.71× 0.79× 0.64× 0.54× 0.54× 0.62× 0.70× 0.84× 0.68× 2016201720182019202020212022202320242025
EPS ($)
$0.35 $0.42 $1.05 $1.18 $0.62 $0.80 $0.91 $1.07 $1.05 $1.04 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

HDFC BANK LTD trades at about 22.2× earnings — below its 10-year norm (10-year range 22.8×–47.4×, median 34.9×).

22.2× 47.4×

Shaded band = 10-year range (22.8×–47.4×); dot = today's 22.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin30.8%33.6%43.8%43.3%41.7%38.6%37.0%35.1%33.1%32.1%
FCF margin51.6%52.2%38.3%62.2%115.5%22.7%28.0%16.7%5795.6%3061.9%
Return on assets1.4%1.4%1.9%1.8%1.8%1.6%1.7%1.6%1.5%1.5%
Return on equity7.8%7.9%17.0%15.4%15.1%13.7%13.5%15.2%13.7%13.5%
Debt / equity0.68×0.84×0.70×0.62×0.54×0.54×0.64×0.79×0.71×39.74×

Computed from company filings · US · as of 2025-03-31. Facts plus Stocktoria's own computed scores — not investment advice.