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HDFC Bank Limited ADR HDB · USD

Financials · US listing · 🇺🇸 United States

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25.81

+2.67%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2026

Revenue, before interest expense

$54.63bn

FY2017FY2026

Net income

$8.38bn

FY2017FY2026

Total assets

$504.11bn

FY2017FY2026

Shareholders' equity

$60.19bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue, before interest expense$54.63bn$43.96bn$36.89bn$20.76bn$16.80bn$16.02bn$14.78bn$12.59bn$10.35bn$8.76bn
Operating income$11.26bn$9.03bn$7.39bn$6.94bn$5.44bn$4.61bn$3.83bn$3.56bn$2.90bn$2.30bn
Net income$8.38bn$7.06bn$6.52bn$5.19bn$4.04bn$3.42bn$2.73bn$2.31bn$1.87bn$1.47bn
Diluted earnings per share4.891.371.271.022.170.920.740.630.510.42

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets$504.11bn$504.94bn$462.30bn$269.88bn$221.24bn$188.40bn$167.26bn$139.16bn$119.11bn$95.01bn
Cash and short-term investments$32.04bn$96.36bn$104.05bn$75.89bn$45.47bn$55.71bn$43.31bn$36.56bn$30.81bn$28.06bn
Total liabilities$441.62bn$414.58bn$379.66bn$239.31bn$194.95bn$165.73bn$147.39bn$122.02bn$106.79bn$84.24bn
Debt$53.64bn$81.54bn$90.92bn$38.30bn$23.69bn$18.55bn$14.71bn$17.80bn$17.94bn$11.04bn
Shareholders' equity$60.19bn$80.44bn$72.80bn$30.57bn$26.25bn$22.63bn$19.84bn$17.11bn$12.30bn$10.75bn
Shares outstanding1,715m5,150m5,118m5,080m1,866m3,716m3,700m3,674m3,651m3,497m

Financial ratios

Data as of 8 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin20.6%20.5%20.0%33.4%32.4%28.8%—
Net margin15.3%16.1%17.7%25.0%24.1%21.3%—
Return on equity13.9%8.8%9.0%17.0%15.4%15.1%—
Return on assets1.7%1.4%1.4%1.9%1.8%1.8%—
Revenue growth24.3%19.1%77.7%23.5%4.9%8.4%—
Earnings growth18.8%8.2%25.7%28.4%18.4%25.2%—
Current ratio—0.34x0.41x4.96x0.28x0.39x7.13x
Debt to equity0.89x0.95x1.25x1.25x0.90x1.10x—
Equity ratio11.9%15.9%15.7%11.3%11.9%12.0%—
Interest coverage0.55x0.47x0.46x0.85x0.89x0.74x—
Buybacks as a share of market value66.7%-0.6%-0.8%-172.2%49.8%-0.4%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue38.1%27.8%21.9%
Operating income17.5%19.6%19.2%
Net income17.3%19.7%21.1%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin20.6%22.2%23.6%24.4%
Net margin15.7%17.4%18.3%18.2%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings5.026.725.132.815.835.449.050.550.560.3
Price to sales0.84.34.48.23.87.59.19.29.110.1

Market value over time

31 Oct 2016 to 4 Sept 2026, in USD

$60.47bn$39.75bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return9%-3%-4%11%-9%6%26%3%66%1%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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