ALFA Finder| Margins | Margins currently at 3.4%; cost of funds benefit expected ahead. |
|---|---|
| Demand visibility | Healthy credit demand seen in the system currently. |
| Management confidence | High; confident in long-term profit outgrowing balance sheet. |
Growth
MSME grew 22.3% YoY. Corporate/wholesale segment grew ~18%. Reported PAT growth at 5% (9.8% adjusted).
Outlook
Targeting pre-merger CASA ratios (~38%); focus on FCNR mobilization and ECL transition by April 2027.
Risks
Intense corporate competition thinning spreads; non-retail deposit rates remain elevated; weather disruptions like El Niño.
Last quarter's promises, checked
Delivered
- Guided deposit growth faster than credit → delivered 14.4% vs 12% (= BEAT)
- Guided cost-to-income decline → delivered 40.5% to 39.5% (= BEAT)
- Targeted 110-120% LCR range → delivered 114% (= BEAT)
Partly delivered
- Targeted above-sector growth → delivered 12% vs system ~13.5-13.9% (= PARTIAL)
Missed
- Guided system credit growth 10.5-11.5% → delivered 12% (= MISS)
Investor Presentation filed with NSE, NSE: HDFCBANK. Summary written with AI assistance from the document.
HDFC Bank Ltd: key numbers
- Share price
- ₹804.00
- Market cap
- ₹12,40,766 Cr
- Revenue (annual)
- ₹3,48,615 Cr
- Net profit (annual)
- ₹76,026 Cr
- P/E (TTM)
- 15.5×Sector 21.0×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 39.39%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from HDFC Bank Ltd
All →HDFC Bank Regulatory Approval
HDFC Bank received RBI approval for re-appointment of Mr. V. Srinivasa Rangan as Whole-time Director (Executive Director) for one year from November 23, 2026, at extant remuneration. This is a routine leadership continuity disclosure.
- Execution
- 1 (one) year effective from November 23, 2026
HDFC Bank Debt & Borrowing: ₹213 Cr
HDFC Bank confirmed payment of ₹213 Crore annual interest on its ₹3,000 Crore listed debt instrument. The coupon was paid on 12 Nov 2026 per Reg 57 of the Listing Regulations.
- Value
- ₹213.0 Cr
HDFC Bank Annual General Meeting
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HDFC Bank Management Change
HDFC Bank appointed V. N. Srivatsan as Chief Compliance Officer from November 6, 2026, for 36 months. The appointment adds extensive compliance and regulatory inspection experience.
- Execution
- 36 months
HDFC Bank Debt & Borrowing: ₹111.2 Cr
HDFC Bank confirmed Rs.111.15 Crore annual interest payment on its Rs.1,235 Crore debt under Regulation 57. The coupon was paid on November 2, 2026.
- Value
- ₹111.2 Cr
HDFC Bank Employee Stock Options
HDFC Bank allotted 46,75,598 equity shares to employees upon ESOP/RSU exercise. Paid-up capital rises to 15,43,24,11,468 shares of Re. 1 each.