HDFC Bank

HDFC Bank is one of India’s largest private sector banks, headquartered in Mumbai. It started operations in 1995 after receiving approval from the Reserve Bank of India to set up a private bank. Over the years, it has grown rapidly and now has a vast network of 9,455 branches and 21,139 ATMs across more than 4,150 cities and towns in India, with over half of its branches located in semi-urban and rural areas. In 2023, HDFC Bank merged with HDFC Limited, India’s biggest housing finance company, creating a combined entity with a customer base of around 120 million people. This merger made HDFC Bank the second-largest bank in India by assets and one of the top 100 banks globally. The bank offers a wide range of products, including home loans, personal banking, and wealth management services. It also has international branches and representative offices in locations such as Hong Kong, Dubai, London, and Singapore. HDFC Bank is known for its strong financial performance, digital innovation, and focus on serving both urban and rural customers. It was recently recognized as India’s best bank for high-net-worth individuals due to its personalized wealth management services.

Company Insights
The company has a market capitalization of 15,05,244 crores
The share price of the company is 1,965
The book value of the company is 677
The company's debt-to-equity ratio is 6.46
The company's annual dividend yield is 1.11%
The company's stock P/E is 21.2
The earnings per share are 92.5
The company's ROCE is 7.51%

Financial Report
The company's sales in the last 5 years
Sales in 2021 is 1,28,552 crores
Sales in 2022 is 1,35,936 crores
Sales in 2023 is 1,70,754 crores
Sales in 2024 is 2,83,649 crores
Sales in 2025 is 3,36,367 crores

The company's profit in the last 5 years
Profit in 2021 is 31,857 crores
Profit in 2022 is 38,151 crores
Profit in 2023 is 46,149 crores
Profit in 2024 is 65,446 crores
Profit in 2025 is 73,440 crores

Sales & Profit Growth
The company's sales growth in the last 5 years
Sales growth in the last 5 years is 22.4%
Sales growth in the last 3 years is 35.3%
Sales growth in the last 1 year is 18.6%

The company's profit growth in the last 5 years
Profit growth in the last 5 years is 21.0%
Profit growth in the last 3 years is 23.0%
Profit growth in the last 1 year is 10.8%

Holdings
Promoters are 0.00%
FIIs are 48.30%
DIIs are 35.68%
Government are 0.18%
Public are 15.84%

Company News

• HDFC Bank, one of India’s largest private sector banks, has announced a reduction in its lending rates in response to the Reserve Bank of India’s recent cut in the key repo rate. Effective from June 7, 2025, the bank’s Marginal Cost of Funds based Lending Rate (MCLR) has been lowered by 10 basis points (0.10%). The revised MCLR now ranges between 8.90% and 9.10%, depending on the loan tenure.

• This reduction is expected to benefit borrowers with home loans and other loans linked to the MCLR, potentially lowering their monthly EMI payments or shortening their loan tenure. The move aligns with RBI’s efforts to stimulate economic growth by making borrowing more affordable.

• In a separate development, HDFC Bank’s Managing Director and CEO, Sashidhar Jagdishan, has been named in a First Information Report (FIR) filed by a private party. The bank has described the complaint as “frivolous” and an abuse of the legal process, emphasizing that it has no impact on the bank’s operations or governance.

• Despite this controversy, HDFC Bank’s stock has remained stable, trading at approximately ₹1,964.60 per share as of June 10, 2025. The bank continues to maintain strong financial performance and customer confidence amid these recent events.

Technical Analysis

Company Chart

Moving Averages (MA)

• The stock price is above the 50-MA, which indicates that it may continue to rise.

• The stock price is above the 200-MA, which indicates that it may continue to rise in the long term.

Relative Strength Index (RSI)

Currently, the RSI of the company is 58, which indicates that the stock is neither overbought nor oversold.

My Analysis

The company's sales and profit growth are increasing year after year, which is a major plus point. The stock price of the company also seems bullish. Additionally, after the recent development of RBI repo rate cut, the banking stocks are likely to perform well in the near future.