HDFC Bank Financial Statements

Name: HDFC Bank Financials — historical data
Creator: StockeZee

For Mar 2026, HDFC Bank reported net profit of ₹76,026 crore. Return on equity stands at 13.60%. Profit & loss, balance sheet and cash flow across 8 reported years are below.

Updated 31 Jul 2026Source: NSE & BSE company filingsNifty 50 constituent

Profit after tax: ₹76,026 Cr
EPS: ₹49.39
Latest year: Mar 2026
Years reported: 8

HDFC Bank profit & loss

Reported annual performance for HDFC Bank, oldest to newest. Figures in ₹ crore unless a row states otherwise.

HDFC Bank annual profit and loss statement. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Interest Earned	1,05,161	1,22,189	1,28,552	1,35,936	1,70,754	2,83,649	3,36,367	3,48,615
Interest on Balances with RBI	661	1,869	2,414	2,631	1,149	2,635	3,173	3,457
Interest on Advances/Bills	83,736	99,080	1,02,299	1,06,295	1,35,767	2,17,979	2,51,954	2,56,192
Other Interest	839	668	627	1,103	2,664	5,510	7,329	6,309
Revenue on Investments	19,925	20,573	23,212	25,907	31,173	57,525	73,912	82,657
Other Income	18,947	24,879	27,333	31,759	33,912	1,24,346	1,34,549	1,46,848
Total Income	1,24,108	1,47,068	1,55,885	1,67,695	2,04,666	4,07,995	4,70,916	4,95,463
Net Interest Income	51,448	60,052	69,305	77,352	92,974	1,29,510	1,52,473	1,63,124
Total Banking Expenses	79,830	95,173	94,249	98,897	1,29,314	3,06,408	3,60,499	3,66,665
Interest Expended	53,713	62,137	59,248	58,584	77,780	1,54,139	1,83,894	1,85,491
Employees Cost	10,451	12,920	13,677	15,897	20,017	31,023	34,136	37,605
Other Operating Expenses	15,666	20,116	21,325	24,415	31,517	1,21,246	1,42,469	1,43,569
Provisions for Loan Losses	20,255	13,700	18,840	17,925	13,854	25,018	14,175	26,656
Profit Before Tax (PBT)	24,023	38,195	42,796	50,873	61,498	75,184	93,594	98,948
Tax Expense	1,578	10,899	10,939	12,722	15,350	11,122	22,802	22,922
Effective Tax %	6.57%	28.53%	25.56%	25.01%	24.96%	14.79%	24.36%	23.17%
Total Profit for Period	22,446	27,296	31,857	38,151	46,149	65,447	73,440	79,219
Less: Non-controlling Interests	113	42	24	98	152	1,384	2,648	3,193
Net Profit (Owner's PAT)	22,332	27,254	31,833	38,053	45,997	64,062	70,792	76,026
PAT Growth YoY %	—	22.04%	16.8%	19.54%	20.88%	39.27%	10.51%	7.39%
Earnings Per Share (EPS)	₹20.5	₹24.85	₹28.87	₹34.31	₹41.22	₹42.16	₹46.26	₹49.39
Diluted Shares Outstanding (Cr.)	1,089	1,097	1,103	1,109	1,116	1,519	1,530	1,539

HDFC Bank balance sheet

Assets, liabilities and shareholders' equity as reported, in Schedule III order. Figures in ₹ crore unless a row states otherwise.

HDFC Bank annual balance sheet with assets, liabilities and equity. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Shareholders' Equity	1,76,935	2,03,721	2,47,326	2,89,438	4,53,743	5,17,984	5,81,514
Equity Share Capital	548	551	555	558	760	765	1,539
Reserves & Surplus	1,76,387	2,03,170	2,46,772	2,88,880	4,52,983	5,17,219	5,79,975
Total Banking Liabilities	14,03,895	15,43,150	18,75,608	22,40,995	35,76,452	38,74,433	43,26,526
Deposits	11,46,207	13,35,060	15,58,003	18,82,663	23,76,887	27,10,898	30,99,638
Borrowings	1,86,834	1,35,487	2,26,967	2,56,549	7,30,615	6,34,606	5,88,485
Other Liabilities & Provisions	70,854	72,602	90,639	1,01,783	4,68,949	5,28,929	6,38,404
Total Liabilities	15,80,830	17,46,871	21,22,934	25,30,432	40,30,194	43,92,417	49,08,041
Total Banking Assets	15,80,830	17,46,871	21,22,934	25,30,432	40,30,194	43,92,417	49,08,041
Cash & Balances with RBI	72,211	97,341	1,30,031	1,17,189	1,78,719	1,44,390	2,00,707
Bank Balances & Money at Call	15,729	22,130	25,355	79,959	50,116	1,05,558	1,11,219
Investments	3,89,305	4,43,728	4,49,264	5,11,582	10,05,682	11,86,473	12,80,216
Advances	10,43,671	11,32,837	14,20,942	16,61,949	25,65,891	27,24,938	30,50,783
Fixed Assets	4,627	4,909	6,283	8,283	12,604	15,258	16,492
Other Assets	55,288	45,926	91,059	1,51,471	2,17,183	2,15,801	2,48,624
Non-Current Assets	4,627	4,909	6,283	8,283	12,604	15,258	16,492
Fixed Assets	4,627	4,909	6,283	8,283	12,604	15,258	16,492
Total Assets	15,80,830	17,46,871	21,22,934	25,30,432	40,30,194	43,92,417	49,08,041
Total Borrowings	1,86,834	1,35,487	2,26,967	2,56,549	7,30,615	6,34,606	5,88,485
Net Debt	1,14,623	38,147	96,936	1,39,359	5,51,897	4,90,215	3,87,777
Debt to Equity (x)	1.06	0.67	0.92	0.89	1.61	1.23	1.01

HDFC Bank cash flow statement

Cash generated and used across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.

HDFC Bank annual cash flow statement across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Net Cash from Operating Activities	-11,960	20,814	19,069	1,27,242	1,13,506
Profit Before Tax	0	0	0	0	0
Depreciation & Amortisation	1,681	2,345	3,092	3,805	4,195
Finance Costs	0	0	0	0	0
Working Capital Changes	-67,902	-42,541	-49,706	29,308	2,617
Tax Paid	-14,838	-16,367	-22,843	-19,709	-22,656
Net Cash from Investing Activities	-2,216	-3,424	5,314	-3,851	6,363
Purchase of PPE	0	0	0	0	0
Sale of Fixed Assets	20	43	100	101	528
Interest Received	0	0	0	0	0
Net Cash from Financing Activities	48,124	23,941	7,199	-1,02,478	-59,005
Proceeds from Borrowings	44,308	18,007	-7,343	0	700
Repayment of Borrowings	0	0	0	-97,563	-48,895
Interest Paid	0	0	0	0	0
Dividend Paid	-3,592	-8,605	-8,404	-14,826	-20,706
Buyback / Redemption of Shares	0	0	0	0	0
Lease Liabilities Paid	0	0	0	0	0
Net Change in Cash	34,113	41,762	31,687	21,113	61,978
Effect of Foreign Exchange Changes	165	432	105	200	1,114
Free Cash Flow	-11,960	20,814	19,069	1,27,242	1,13,506

HDFC Bank key ratios

Valuation, profitability, return, leverage and per-share measures computed from reported statements — not from adjusted or normalised earnings.

HDFC Bank trades at a P/E of 14.73× against a sector median of 16.36× — a 10% discount. Sector comparisons can mislead for conglomerates with mixed business lines.

HDFC Bank valuation, profitability, return and leverage ratios
Ratio	Category	Value
P/E (TTM)	Valuation	14.73
Forward P/E	Valuation	12.52
P/B	Valuation	2
PEG (TTM)	Valuation	0.89
EV / EBITDA (TTM)	Valuation	21.84
P/S (TTM)	Valuation	3.94
Operating margin	Profitability	41.6%
Net margin (TTM)	Profitability	25.12%
Return on equity	Return ratios	13.6%
Return on capital employed	Return ratios	7.02%
Return on assets	Return ratios	1.7%
Debt to equity	Leverage & liquidity	6.29
Beta	Leverage & liquidity	1.06
EPS (TTM)	Per share	₹46.07
Book value	Per share	₹393.81
Revenue / share (TTM)	Per share	₹172.39
Cash flow / share	Per share	₹77.63
Dividend yield	Shareholder returns	1.74%
Dividend payout (TTM)	Shareholder returns	58.62%

How this is calculated

Statements are as filed with the exchanges. Consolidated figures are shown where reported. Figures are in rupees crore unless the table states otherwise. Ratios are computed from the same reported statements, not from adjusted or normalised earnings.

Index membership reflects the Nifty 100 as published by NSE Indices, effective 2026-03-30.

HDFC Bank: frequently asked questions

Is HDFC Bank profitable?

HDFC Bank reported a net profit of ₹76,026 crore in Mar 2026, up 7.4% on the previous financial year.

What is HDFC Bank's EPS?

HDFC Bank reported earnings per share of ₹49.39 for Mar 2026.

What is HDFC Bank's return on equity?

HDFC Bank's return on equity stands at 13.60%. ROE measures profit generated per rupee of shareholder equity.

How many years of HDFC Bank financials are shown?

8 reported financial years are tabulated on this page, the most recent being Mar 2026.

Are these figures consolidated or standalone?

Consolidated figures are shown wherever the company reports them, and standalone otherwise. The basis in use is labelled on the statement table.

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Disclaimer

The data, ratios and commentary about HDFC Bank Ltd (HDFCBANK) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.