HDFCBANK vs ICICIBANK: Stock Comparison
HDFC BANK is the larger company by market capitalisation. HDFC BANK shows a lower P/E, a higher dividend yield and a higher net margin, while ICICI BANK shows a higher ROE, faster revenue growth and a higher ROCE. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
HDFCBANK leads 6; ICICIBANK leads 5 of 11
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | HDFCBANK | ICICIBANK |
|---|---|---|
| Sector | Financial Services | Financial Services |
| Industry | Private Sector Bank | Private Sector Bank |
Price
| Metric | HDFCBANK | ICICIBANK |
|---|---|---|
| Live Price | ₹705.7 | ₹1,343.3 |
| Day Change | -0.22% | -0.86% |
| Volume | 58.21 L | 25.54 L |
| 52-Week High | ₹1,020.5 | ₹1,480 |
| 52-Week Low | ₹681.9 | ₹1,187.6 |
| Distance from 52W High | -30.85% | -9.24% |
Valuation
| Metric | HDFCBANK | ICICIBANK |
|---|---|---|
| Market Cap | ₹10.93 L Cr | ₹9.64 L Cr |
| P/E Ratio | 13.77x | 17.28x |
| P/B Ratio | 1.87x | 2.55x |
| EPS | ₹45.75 | ₹77.36 |
| Book Value | ₹393.81 | ₹530.38 |
| Dividend Yield | 1.84% | 0.89% |
Growth
| Metric | HDFCBANK | ICICIBANK |
|---|---|---|
| Revenue Growth (TTM YoY) | -1.8% | 66.9% |
| EPS Growth (TTM YoY) | 7.5% | 8.4% |
| Qtr Profit Growth | 6.94% | -8.67% |
Profitability & Leverage
Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.| Metric | HDFCBANK | ICICIBANK |
|---|---|---|
| ROE | 13.37% | 15.19% |
| ROCE | 9.69% | 17.32% |
| Net Margin | 25.12% | 24.3% |
| Operating Margin | 25.72% | 24.69% |
| Debt to Equity | 0.88x | 0.58x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | HDFCBANK | ICICIBANK |
|---|---|---|
| Promoter Holding | 0% | — |
| FII Holding | 39.4%▼ 2.43 pp | 49.82%▲ 15.33 pp |
| DII Holding | 43.63%▲ 1.71 pp | 42.31%▲ 2.36 pp |
| Public Holding | 16.97%▲ 0.72 pp | 7.65%▼ 17.7 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: HDFC BANK and ICICI BANK.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

