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HDFCBANK vs ULTRACEMCO: Stock Comparison

HDFC BANK vs ULTRATECH CEMENTUpdated 23 Oct 26, 4:08 PM ISTNSE & company filings

HDFC BANK is the larger company by market capitalisation. HDFC BANK shows a lower P/E, a higher ROE and a higher net margin, while ULTRATECH CEMENT shows a higher dividend yield, 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; ULTRACEMCO leads 5 of 11

Not a rating
These companies operate in different sectors (Financial Services vs Construction Materials). Valuation and leverage norms differ across sectors, so cross-sector ratio comparisons can mislead — compare each against its own sector peers too.

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

HDFCBANKULTRACEMCO

Valuation lens

What price are you paying?

Market CapContext only
₹10.67 L Cr
₹3.26 L Cr
P/E RatioHDFCBANK has the lower reading
13.3x ✓
37.05x
P/B RatioHDFCBANK has the lower reading
1.77x ✓
4.43x
EPSULTRACEMCO has the higher reading
₹13.43
₹88.21 ✓
Book ValueContext only
₹356.75
₹2,738.99
Dividend YieldULTRACEMCO has the higher reading
1.88%
2.17% ✓

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
HDFCBANK is the larger company
₹10.67 L Cr vs ₹3.26 L Cr
P/E Ratio
HDFCBANK has a lower P/E
13.3x vs 37.05x
P/B Ratio
HDFCBANK has a lower P/B
1.77x vs 4.43x
EPS
ULTRACEMCO has higher earnings per share
₹88.21 vs ₹13.43
Dividend Yield
ULTRACEMCO has a higher dividend yield
2.17% vs 1.88%
Revenue Growth (TTM YoY)
ULTRACEMCO has faster revenue growth
3% vs -1.8%
EPS Growth (TTM YoY)
ULTRACEMCO has faster EPS growth
45.3% vs 7.5%
Qtr Profit Growth
HDFCBANK has stronger quarterly profit growth
1.56% vs 0%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricHDFCBANKULTRACEMCO
SectorFinancial ServicesConstruction Materials
IndustryPrivate Sector BankCement & Cement Products

Price

MetricHDFCBANKULTRACEMCO
Live Price₹692.8₹11,050
Day Change-0.18%0.84%
Volume1.9 Cr3.04 L
52-Week High₹1,020.5₹13,110
52-Week Low₹681.9₹10,325
Distance from 52W High-32.11%-15.71%

Valuation

MetricHDFCBANKULTRACEMCO
Market Cap₹10.67 L Cr₹3.26 L Cr
P/E Ratio13.3x37.05x
P/B Ratio1.77x4.43x
EPS₹13.43₹88.21
Book Value₹356.75₹2,738.99
Dividend Yield1.88%2.17%

Growth

MetricHDFCBANKULTRACEMCO
Revenue Growth (TTM YoY)-1.8%3%
EPS Growth (TTM YoY)7.5%45.3%
Qtr Sales Growth—0%
Qtr Profit Growth1.56%0%

Profitability & Leverage

Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.
MetricHDFCBANKULTRACEMCO
ROE13.62%10.15%
ROCE8.86%9.32%
Net Margin25.12%10.24%
Operating Margin19.97%14.48%
Debt to Equity1.01x0.28x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricHDFCBANKULTRACEMCO
Promoter Holding0%57.55%▼ 0.85 pp
FII Holding39.4%▼ 2.43 pp12.69%▼ 0.17 pp
DII Holding43.63%▲ 1.71 pp20.86%▲ 1.17 pp
Public Holding16.97%▲ 0.72 pp7.71%▼ 0.2 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 ULTRATECH CEMENT.

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.