Hdfc Bank Ltd (HDB)
Hdfc Bank Ltd reported revenue of $25.6B in fiscal 2025, up 15.2% from a year earlier. Net income was $7.9B, a net margin of 30.8%. Operating cash flow minus capital spending left $13.2B of free cash flow in fiscal 2025. At March 31, 2025 it held $23.2B in cash against $68.7B of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on July 29, 2026.
Key facts about Hdfc Bank Ltd
- Net worth
- Hdfc Bank Ltd has a market value (market cap) of $133.3B at the latest share price, and shareholders' equity of $89.9B on its balance sheet at March 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $25.6B (+15.2% year on year), with net income of $7.9B.
- Cash flow
- In fiscal 2025 operations brought in $14B of cash; after $777.2M of capital spending, free cash flow was $13.2B.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on July 29, 2026 and covers the period to March 31, 2026. Open on SEC EDGAR
- Dividend
- Hdfc Bank Ltd declared dividends of $0.26 per share in fiscal 2025.
What Hdfc Bank Ltd does
HDFC Bank is an Indian banking institution providing retail banking, wholesale banking, and treasury operations. It offers savings accounts, personal and commercial loans, mortgages, credit cards, payment solutions, and investment services to retail customers, small businesses, and corporate clients. Its shares trade on NYSE under the ticker HDB.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $25.6B | $7.9B | $1.04 | $13.2B |
| 2024 | $22.2B | $7.5B | $1.05 | $11.6B |
| 2023 | $13.8B | $6B | $1.07 | $5.3B |
| 2022 | $11.8B | $5.1B | $0.91 | $7.3B |
| 2021 | $10.7B | $4.5B | $0.80 | $12.4B |
| 2020 | $8.9B | $3.5B | $0.62 | $2B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where HDB ranks in Finance
Dividends
Hdfc Bank Ltd declared $0.26 per share in fiscal 2025. It paid out $1.9B in cash dividends, 23% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.26 | $1.9B | 23% |
| 2024 | $0.23 | $1B | 14% |
| 2023 | $0.23 | $1.1B | 17% |
| 2022 | $0.20 | $477.6M | 9% |
| 2021 | $0.09 | $2.3M | 0% |
| 2020 | $0.03 | $881.4M | 26% |
Latest SEC filings
What Hdfc Bank Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026
- November 2, 2026
- October 28, 2026
- October 26, 2026
- October 22, 2026
- October 19, 2026
- October 19, 2026
- October 14, 2026
- October 8, 2026
- October 5, 2026
Insider trades
What the people running Hdfc Bank Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| May 7, 2026 | Srinivasan NGroup Head - Operations | Sold | 10,000 | $87.2K |
| May 6, 2026 | Rajput Rakesh KumarGroup Head - Compliance | Exercised options | 12,600 | $89.2K |
| April 28, 2026 | Parthasarthy AshishGroup Head - Treasury | Sold | 5,600 | $48.7K |
| April 23, 2026 | Bhavnani AnilGroup Head - Transportation | Exercised options | 3,000 | $20.4K |
| April 23, 2026 | Bhavnani AnilGroup Head - Transportation | Exercised options | 3,000 | $23.6K |
| April 21, 2026 | Parthasarthy AshishGroup Head - Treasury | Sold | 6,000 | $53.6K |
| April 17, 2026 | Bharucha KaizadDirector | Exercised options | 5,000 | $34K |
| April 16, 2026 | Shah Nirav VimalGroup Head Corporate Banking | Exercised options | 51,800 | $406.6K |
Who owns HDB
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Insiders
7 insiders reported holding 8,279,688 shares in total, about $215.1M at the last price.
| Holder | Shares |
|---|---|
| Bharucha KaizadDirector | 4,607,082 |
| Shah Nirav VimalGroup Head Corporate Banking | 1,428,600 |
| Parthasarthy AshishGroup Head - Treasury | 842,958 |
| Bhavnani AnilGroup Head - Transportation | 703,436 |
| Srinivasan NGroup Head - Operations | 638,422 |
| Jha SudhirkumarGroup Head - Corporate Legal | 44,190 |
| Rajput Rakesh KumarGroup Head - Compliance | 15,000 |
Questions about HDB
What does Hdfc Bank Ltd do?
HDFC Bank is an Indian banking institution providing retail banking, wholesale banking, and treasury operations. It offers savings accounts, personal and commercial loans, mortgages, credit cards, payment solutions, and investment services to retail customers, small businesses, and corporate clients. Its shares trade on NYSE under the ticker HDB.
What is Hdfc Bank Ltd's net worth?
Hdfc Bank Ltd has a market value (market cap) of $133.3B at the latest share price, and shareholders' equity of $89.9B on its balance sheet at March 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Hdfc Bank Ltd profitable?
Yes. In fiscal 2025 it reported net income of $7.9B on revenue of $25.6B, a net margin of 30.8%.
How much revenue does Hdfc Bank Ltd make?
In fiscal 2025 Hdfc Bank Ltd reported revenue of $25.6B. That is 15.2% more than a year earlier.
When did Hdfc Bank Ltd last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on July 29, 2026. It covers the period to March 31, 2026. Its newest filing of any kind is the foreign issuer update from November 9, 2026.
Does Hdfc Bank Ltd pay a dividend?
Yes. Hdfc Bank Ltd declared dividends of $0.26 per share in fiscal 2025.
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Where the numbers come from
Financial figures are the values Hdfc Bank Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.