HDB Stock Analysis: HDFC Bank | NYSE
Banks - Regional | NYSE, USA | Market Cap: 119.286m USD | 12M Return: -36.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 211M
EPS Trend: 88.5%
Qual. Beats: 0
Rev. Trend: 90.4%
Qual. Beats: 2
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
HDFC Bank Limited is an Indian universal bank that provides a wide range of banking and financial services to individuals and businesses, operating primarily in India with an international presence in Bahrain, Hong Kong, Singapore, and Dubai. Its business is organized across multiple segments, including Treasury, Retail Banking, Wholesale Banking, Other Banking Business, Insurance, and Other, reflecting a diversified commercial and consumer banking model. The company offers deposit products, retail and corporate loans, credit and debit cards, trade finance, treasury and cash management services, insurance, and digital banking channels, distributing these through a network of branches and ATMs. Listed on the NYSE under the ticker HDB as a large-cap stock in the Diversified Banks sub-industry, HDFC Bank was incorporated in 1994 and is headquartered in Mumbai.
- Net interest margin compression pressures quarterly earnings
- Retail loan portfolio growth accelerates across segments
- RBI rate decisions and deposit cost trends shape outlook
| Net Income: 799b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.91 > 1.0 |
| NWC/Revenue: 47.74% < 20% (prev -627.6%; Δ 675.4% < -1%) |
| CFO/TA 0.04 > 3% & CFO 1764b > Net Income 799b |
| Net Debt (3456b) to EBITDA (1142b): 3.03 < 3 |
| Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities) |
| Outstanding Shares: last quarter (1.71b) vs 12m ago -66.59% < -2% |
| Gross Margin: 59.52% > 18% (prev 50.50%; Δ 9.02% > 0.5%) |
| Asset Turnover: 10.60% > 50% (prev 9.09%; Δ 1.51% > 0%) |
| Interest Coverage Ratio: 0.59 > 6 (EBIT TTM 1097b / Interest Expense TTM 1876b) |
As of July 28, 2026, the stock is trading at USD 23.22 with a total of 13,591,733 shares traded. Over the past week, the price has changed by -1.61%, over one month by -10.38%, over three months by -6.83% and over the past year by -36.86%.
Current recommended Stop Loss: 22.30 (which is 4% or 1.3 ATR below the current price).
HDFC Bank has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy HDB.
- StrongBuy: 3
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 34 | 46.2% |
P/E Trailing = 16.7122
P/E Forward = 17.3611
P/S = 0.0404
P/B = 1.4905
P/EG = 1.0118
Revenue TTM = 5012b USD
EBIT TTM = 1097b USD
EBITDA TTM = 1142b USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 5848b USD (from shortLongTermDebtTotal, last quarter) + Leases 154b
Net Debt = 3456b USD (calculated: Debt 5848b - CCE 2393b)
Enterprise Value = 3575b USD (119b + Debt 5848b - CCE 2393b)
Interest Coverage Ratio = 0.59 (Ebit TTM 1097b / Interest Expense TTM 1876b)
EV/FCF = 2.08x (Enterprise Value 3575b / FCF TTM 1723b)
FCF Yield = 48.19% (FCF TTM 1723b / Enterprise Value 3575b)
FCF Margin = 34.37% (FCF TTM 1723b / Revenue TTM 5012b)
Net Margin = 15.95% (Net Income TTM 799b / Revenue TTM 5012b)
Gross Margin = 59.52% ((Revenue TTM 5012b - Cost of Revenue TTM 2029b) / Revenue TTM)
Gross Margin QoQ = 61.36% (prev 58.38%)
Tobins Q-Ratio = 0.07 (Enterprise Value 3575b / Total Assets 50027b)
Interest Expense / Debt = 32.07% (Interest Expense 1876b / Debt 5848b)
Taxrate = 23.94% (263b / 1097b)
NOPAT = 835b (EBIT 1097b * (1 - 23.94%))
Current Ratio = unknown (Total Current Assets 2393b / Total Current Liabilities 0.0)
Debt / Equity = 0.96 (Debt 5848b / totalStockholderEquity, last quarter 6101b)
Debt / EBITDA = 3.03 (Net Debt 3456b / EBITDA 1142b)
Debt / FCF = 2.01 (Net Debt 3456b / FCF TTM 1723b)
Total Stockholder Equity = 4335b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.69% (Net Income 799b / Total Assets 50027b)
RoE = 18.44% (Net Income TTM 799b / Total Stockholder Equity 4335b)
RoCE = 2.19% (EBIT 1097b / Capital Employed (Total Assets 50027b - Current Liab 0.0))
RoIC = 2.30% (EBIT 1097b / (Assets 50027b - Curr.Liab 0.0 - Cash 2393b))
WACC = 24.05% (E(119b)/V(5967b) * Re(7.31%) + D(5848b)/V(5967b) * Rd(32.07%) * (1-Tc(0.24)))
Discount Rate = 7.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 49.11 | Cagr: 0.72%
[DCF] Terminal Value 41.97% ; FCFF base≈1485b ; Y1≈1703b ; Y5≈2506b
[DCF] Fair Price = 1.21k (EV 9667b - Net Debt 3456b = Equity 6211b / Shares 5.14b; r=24.05% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.46 | EPS CAGR: 2.13% | SUE: 0.32 | # QB: 0
Revenue Correlation: 90.44 | Revenue CAGR: 20.59% | SUE: 0.92 | # QB: 2
EPS current Quarter (2026-09-30): EPS=0.39 | Chg30d=-0.51% | Revisions=-25% | Analysts=1
EPS next Quarter (2026-12-31): EPS=0.40 | Chg30d=-7.48% | Revisions=-25% | Analysts=1
EPS current Year (2027-03-31): EPS=1.59 | Chg30d=+25.11% | Revisions=-25% | GrowthEPS=+1.5% | GrowthRev=+8.1%
EPS next Year (2028-03-31): EPS=1.43 | Chg30d=-3.22% | Revisions=-25% | GrowthEPS=-10.5% | GrowthRev=+10.6%
[Analyst] Revisions Ratio: -57% (up=0, down=4)