HDB · CIK 0001144967

HDFC BANK LIMITED

Annual figures as reported, FY2014–FY2025. Ratios and growth rates derived on-page.

Revenue

₹2.19T

▲ +18.1% vs FY2024

Net income

₹673.5B

▲ +8.2% vs FY2024

Free cash flow

₹1.13T

▲ +16.6% vs FY2024

Diluted EPS

₹89.63

▲ +1.5% vs FY2024

Revenue

Annual, as reported

Net income

Annual, as reported

Profitability & returns

quality of earnings

Margins

Share of revenue kept at each line

Returns on capital

Net income vs year-end equity and assets

Return on equityReturn on assets

Cash flow

cash generation

Free cash flow

Operating cash flow less capital expenditure

Operating cash flow

Net cash from operations

Shareholder returns

capital allocation

Capital returned

Cash paid out as dividends and share repurchases

Dividends paid

Diluted shares outstanding

Falling count means buybacks outpace dilution

Balance sheet

financial position

Stockholders’ equity

At fiscal year end

Net debt

Long-term debt less cash — negative means net cash

Growth rates

compounding, annualized

Revenue CAGR

+34.9%

+26.6%

+22.0%

10y

Net income CAGR

+20.4%

+20.9%

+21.1%

10y

Diluted EPS CAGR

+8.9%

+13.7%

+16.0%

10y

Free cash flow CAGR

+26.7%

+49.2%

+27.4%

10y

Share count change (split-adjusted)

+39.1%

+56.5%

10y

Key ratios

derived per fiscal year

Fiscal year	Net margin	FCF margin	ROE	ROA	Debt / equity	DPS
FY2025	30.8%	51.6%	8.8%	1.4%	0.76×	₹22.00
FY2024	33.6%	52.2%	9.0%	1.4%	0.96×	₹19.50
FY2023	43.8%	38.3%	17.0%	1.9%	0.71×	₹19.00
FY2022	43.3%	62.2%	15.4%	1.8%	0.62×	₹15.50
FY2021	41.7%	115.5%	15.1%	1.8%	0.54×	₹6.50
FY2020	38.6%	22.7%	13.7%	1.6%	0.54×	₹2.50
FY2019	37.0%	28.0%	13.5%	1.7%	0.64×	₹7.50
FY2018	35.1%	16.7%	15.2%	1.6%	0.79×	₹6.50
FY2017	33.1%	86.4%	13.7%	1.5%	0.71×	₹5.50
FY2016	32.1%	43.5%	13.6%	1.5%	0.60×	₹4.75
FY2015	33.2%	33.6%	13.2%	1.6%	0.61×	₹4.00
FY2014	32.2%	47.7%	14.9%	1.5%	0.74×	₹3.42

Annual figures

as reported

Fiscal year	Revenue	Gross profit	Op. income	Net income	Diluted EPS	Op. cash flow	Capex	Total assets	Liabilities	Equity	Cash	LT debt
FY2025	₹2.19T	—	—	₹673.5B	₹89.63	₹1.20T	₹66.4B	₹48.19T	₹39.56T	₹7.68T	₹1.98T	₹5.87T
FY2024	₹1.85T	—	—	₹622.7B	₹88.31	₹1.02T	₹53.8B	₹44.12T	₹36.23T	₹6.95T	₹2.09T	₹6.65T
FY2023	₹1.13T	—	—	₹495.4B	₹88.68	₹477.2B	₹43.6B	₹25.76T	₹22.84T	₹2.91T	₹1.39T	₹2.05T
FY2022	₹892.4B	—	—	₹386.0B	₹69.38	₹581.0B	₹26.3B	₹21.11T	₹18.60T	₹2.50T	₹1.12T	₹1.55T
FY2021	₹782.4B	—	—	₹326.0B	₹59.02	₹921.8B	₹17.8B	₹17.98T	₹15.82T	₹2.16T	₹930.7B	₹1.17T
FY2020	₹674.1B	—	—	₹260.3B	₹47.27	₹171.2B	₹18.3B	₹15.96T	₹14.07T	₹1.89T	₹612.0B	₹1.03T
FY2019	₹595.3B	—	—	₹220.1B	₹40.66	₹183.3B	₹16.4B	₹13.28T	₹11.64T	₹1.63T	₹734.9B	₹1.04T
FY2018	₹508.4B	—	—	₹178.5B	₹34.15	₹94.3B	₹9.2B	₹11.37T	₹10.19T	₹1.17T	₹574.2B	₹932.9B
FY2017	₹424.2B	—	—	₹140.5B	₹27.29	₹379.3B	₹12.6B	₹9.07T	₹8.04T	₹1.03T	₹430.7B	₹730.9B
FY2016	₹367.7B	—	—	₹117.9B	₹23.16	₹170.1B	₹10.0B	₹7.74T	₹6.87T	₹869.3B	₹377.7B	₹522.3B
FY2015	₹299.0B	—	—	₹99.2B	₹20.27	₹109.4B	₹8.9B	₹6.26T	₹5.51T	₹750.3B	₹341.1B	₹457.9B
FY2014	₹246.0B	—	—	₹79.3B	₹16.47	₹127.2B	₹9.7B	₹5.13T	₹4.59T	₹531.9B	₹370.8B	₹395.2B

Latest filings

the most recent regulatory filings

6-KForeign issuer report2026-06-30 ↗6-KREPORT OF FOREIGN PRIVATE ISSUER2026-06-29 ↗6-KREPORT OF FOREIGN PRIVATE ISSUER2026-06-26 ↗6-KForeign issuer report2026-06-24 ↗6-KForeign issuer report2026-06-22 ↗6-KForeign issuer report2026-06-17 ↗6-KREPORT OF FOREIGN PRIVATE ISSUER2026-05-28 ↗6-KForeign issuer report2026-05-21 ↗4Insider ownership filing2026-05-08 ↗4Insider ownership filing2026-05-07 ↗

Company logos by Elbstream and unavatar.

All third-party trademarks, service marks, logos, and brand names used on this site are the property of their respective owners. The use of these logos is for identification and illustrative purposes only and does not imply any affiliation, sponsorship, or endorsement by the respective owners.

Fiscal year

Net margin

FCF margin

ROE

ROA

Debt / equity

DPS

FY2025

30.8%

51.6%

8.8%

1.4%

0.76×

₹22.00

FY2024

33.6%

52.2%

9.0%

1.4%

0.96×

₹19.50

FY2023

43.8%

38.3%

17.0%

1.9%

0.71×

₹19.00

FY2022

43.3%

62.2%

15.4%

1.8%

0.62×

₹15.50

FY2021

41.7%

115.5%

15.1%

1.8%

0.54×

₹6.50

FY2020

38.6%

22.7%

13.7%

1.6%

0.54×

₹2.50

FY2019

37.0%

28.0%

13.5%

1.7%

0.64×

₹7.50

FY2018

35.1%

16.7%

15.2%

1.6%

0.79×

₹6.50

FY2017

33.1%

86.4%

13.7%

1.5%

0.71×

₹5.50

FY2016

32.1%

43.5%

13.6%

1.5%

0.60×

₹4.75

FY2015

33.2%

33.6%

13.2%

1.6%

0.61×

₹4.00

FY2014

32.2%

47.7%

14.9%

1.5%

0.74×

₹3.42

Fiscal year

Revenue

Gross profit

Op. income

Net income

Diluted EPS

Op. cash flow

Capex

Total assets

Liabilities

Equity

Cash

LT debt

FY2025

₹2.19T

—

₹673.5B

₹89.63

₹1.20T

₹66.4B

₹48.19T

₹39.56T

₹7.68T

₹1.98T

₹5.87T

FY2024

₹1.85T

—

₹622.7B

₹88.31

₹1.02T

₹53.8B

₹44.12T

₹36.23T

₹6.95T

₹2.09T

₹6.65T

FY2023

₹1.13T

—

₹495.4B

₹88.68

₹477.2B

₹43.6B

₹25.76T

₹22.84T

₹2.91T

₹1.39T

₹2.05T

FY2022

₹892.4B

—

₹386.0B

₹69.38

₹581.0B

₹26.3B

₹21.11T

₹18.60T

₹2.50T

₹1.12T

₹1.55T

FY2021

₹782.4B

—

₹326.0B

₹59.02

₹921.8B

₹17.8B

₹17.98T

₹15.82T

₹2.16T

₹930.7B

₹1.17T

FY2020

₹674.1B

—

₹260.3B

₹47.27

₹171.2B

₹18.3B

₹15.96T

₹14.07T

₹1.89T

₹612.0B

₹1.03T

FY2019

₹595.3B

—

₹220.1B

₹40.66

₹183.3B

₹16.4B

₹13.28T

₹11.64T

₹1.63T

₹734.9B

₹1.04T

FY2018

₹508.4B

—

₹178.5B

₹34.15

₹94.3B

₹9.2B

₹11.37T

₹10.19T

₹1.17T

₹574.2B

₹932.9B

FY2017

₹424.2B

—

₹140.5B

₹27.29

₹379.3B

₹12.6B

₹9.07T

₹8.04T

₹1.03T

₹430.7B

₹730.9B

FY2016

₹367.7B

—

₹117.9B

₹23.16

₹170.1B

₹10.0B

₹7.74T

₹6.87T

₹869.3B

₹377.7B

₹522.3B

FY2015

₹299.0B

—

₹99.2B

₹20.27

₹109.4B

₹8.9B

₹6.26T

₹5.51T

₹750.3B

₹341.1B

₹457.9B

FY2014

₹246.0B

—

₹79.3B

₹16.47

₹127.2B

₹9.7B

₹5.13T

₹4.59T

₹531.9B

₹370.8B

₹395.2B