Bullish signal on daily chart
HDFC Bank Ltd. reported a YoY increase of 54.39% in its advances, which is higher than its 5 yr CAGR of 19.71%. (Source: Consolidated Financials)
HDFC Bank Ltd. reported a YoY increase of 54.39% in its advances, which is higher than its 5 yr CAGR of 19.71%. (Source: Consolidated Financials)
Company's annual revenue growth of 99.35% outperformed its 3 year CAGR of 37.37%. (Source: Consolidated Financials)
20 day moving crossover appeared on Nov 19, 2024. Average price gain of 2.56% within 7 days of this signal in last 5 years.
Stock gave a 3 year return of 13.18% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)
HDFC Bank Ltd. share price moved down by -0.07% from its previous close of Rs 1,742.25. HDFC Bank Ltd. stock last traded price is 1,741.20
Share Price | Value |
---|---|
Today/Current/Last | 1,741.20 |
Previous Day | 1,742.25 |
PE Ratio (x) | 19.15 | ||||||||||
EPS - TTM (₹) | 90.93 | ||||||||||
MCap (₹ Cr.) | 13,24,726 | ||||||||||
Sectoral MCap Rank | 1 | ||||||||||
PB Ratio (x) | 2.84 | ||||||||||
Div Yield (%) | 1.12 | ||||||||||
Face Value (₹) | 1.00 | ||||||||||
Beta Beta
| 1.09 | ||||||||||
VWAP (₹) | 1,743.62 | ||||||||||
52W H/L (₹) |
1 Day | -0.07% |
1 Week | 2.86% |
1 Month | 0.72% |
3 Months | 7.1% |
1 Year | 14.71% |
3 Years | 13.11% |
5 Years | 35.68% |
Current
Mean Recos by 38 Analysts
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 19 | 19 | 18 | 18 |
Buy | 12 | 13 | 14 | 14 |
Hold | 7 | 7 | 8 | 8 |
Sell | - | - | - | - |
Strong Sell | - | - | - | - |
# Analysts | 38 | 39 | 40 | 40 |
Beating 3 Yr Revenue CAGR
Company's annual revenue growth of 99.35% outperformed its 3 year CAGR of 37.37%. (Source: Consolidated Financials)Quarterly | Annual | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 |
---|---|---|---|---|---|
Total Income | 1,21,456.74 | 1,16,996.49 | 1,24,391.35 | 1,15,015.51 | 1,07,566.62 |
Total Income Growth (%) | 3.81 | -5.94 | 8.15 | 6.92 | 76.28 |
Provisions & Contingencies | 3,268.87 | 3,143.09 | 13,810.54 | 4,603.90 | 3,311.74 |
Provisions & Contingencies Growth (%) | 4.00 | -77.24 | 199.97 | 39.02 | 0.60 |
Profit after Tax (PAT) | 17,825.91 | 16,474.85 | 17,622.38 | 17,257.87 | 16,811.41 |
PAT Growth (%) | 8.20 | -6.51 | 2.11 | 2.66 | 35.90 |
Gross NPA (%) | - | - | - | - | - |
Net NPA (%) | - | - | - | - | - |
Net Profit Margin (%) | 14.68 | 14.08 | 14.17 | 15.00 | 15.63 |
Basic EPS (₹) | 23.40 | 21.67 | 23.20 | 22.74 | 22.24 |
All figures in Rs Cr, unless mentioned otherwise
Loan Book Growth - Beating 5 Yr CAGR
HDFC Bank Ltd. reported a YoY increase of 54.39% in its advances, which is higher than its 5 yr CAGR of 19.71%. (Source: Consolidated Financials)Annual | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
---|---|---|---|---|---|
Advances | 25,65,891.41 | 16,61,949.29 | 14,20,942.28 | 11,85,283.52 | 10,43,670.88 |
Advances Growth (%) | 54.39 | 16.96 | 19.88 | 13.57 | 20.07 |
Deposits | 23,76,887.28 | 18,82,663.25 | 15,58,003.03 | 13,33,720.88 | 11,46,207.13 |
Deposits Growth (%) | 26.25 | 20.84 | 16.82 | 16.36 | 24.25 |
Total Equity | 4,67,125.93 | 2,90,297.76 | 2,48,046.58 | 2,10,442.95 | 1,76,935.35 |
Total Equity Growth (%) | 60.91 | 17.03 | 17.87 | 18.94 | 14.76 |
Gross NPA (%) | - | - | - | - | - |
Net NPA (%) | - | - | - | - | - |
Capital Adequacy Ratios (%) | - | - | - | - | - |
Contingent Liabilities | 23,44,487.73 | 17,50,953.81 | 14,00,197.64 | 9,75,280.66 | 11,30,474.06 |
All figures in Rs Cr, unless mentioned otherwise
Cash from Operations vs PAT
Operating cash flow of Rs 19069.34 cr is 0.3 times compared to the reported net profit of Rs 64062.04 cr. (Source: Consolidated Financials)Annual | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
---|---|---|---|---|---|
Net Cash flow from Operating Activities | 19,069.34 | 20,813.70 | -11,959.57 | 42,476.46 | -16,869.09 |
Net Cash used in Investing Activities | 5,313.77 | -3,423.89 | -2,216.33 | -1,680.87 | -1,616.92 |
Net Cash flow from Financing Activities | -3,983.06 | 23,940.56 | 48,124.02 | -7,321.35 | 24,394.50 |
Net Cash Flow | 31,686.70 | 41,762.08 | 34,113.22 | 33,332.41 | 6,122.47 |
Closing Cash & Cash Equivalent | 2,28,834.51 | 1,97,147.81 | 1,55,385.73 | 1,21,272.53 | 87,940.11 |
Closing Cash & Cash Equivalent Growth (%) | 16.07 | 26.88 | 28.13 | 37.90 | 7.48 |
All figures in Rs Cr, unless mentioned otherwise
Annual | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
---|---|---|---|---|---|
Return on Equity (%) | 14.03 | 15.89 | 15.38 | 15.17 | 15.45 |
Return on Assets (%) | 1.58 | 1.81 | 1.79 | 1.76 | 1.72 |
Cost to Income (%) | 59.98 | 40.61 | 42.31 | 41.55 | 39.18 |
Interest income to Earning assets (%) | 7.03 | 6.74 | 6.40 | 7.14 | 7.72 |
Interest Expense to Earning assets (%) | 3.82 | 3.07 | 2.75 | 3.29 | 3.93 |
Price to Earnings (x) | 17.18 | 19.53 | 21.46 | 25.91 | 17.36 |
Price to Book (x) | 2.41 | 3.10 | 3.30 | 3.92 | 2.68 |
Price to Sales (x) | 3.88 | 5.26 | 6.00 | 6.40 | 3.87 |
Operating Profit Margin (%) | -20.76 | 7.16 | 4.70 | 3.51 | 1.97 |
MANAGEMENT DISCUSSION AND ANALYSIS (FY 20-21)
Inflation and policy rates
Apart from higher fuel and food inflation, a large part of this increase was driven by higher core inflation, possibly reflecting the impact of second wave related supply disruptions and a pass through of cost push pressures. Going forward, we expect inflation to remain above 6 per cent for the next 3 months. For FY 2021-22, we expect the headline inflation to average 6.1% led by higher commodity prices and sticky core inflation. On the policy front, we expect the central bank to keep its rates unchanged in FY 2021-22 and maintain an accommodative stance. The RBI is likely to only gradually reduce the liquidity surplus in the system once it is confident about the prospects of growth recovery. The central bank is likely to continue managing the yield curve, especially the benchmark yield through open market operations (sterilised and unsterilsed) and the latest announced G-SAP bond buying programme in order to contain borrowing costs in the economy and improve transmission.
Pain point - Gross non performing assets
As per the RBI?s January 2021 Financial Stability Report, the GNPA ratio of scheduled commercial banks eased to 7.5 per cent in September 2020 from 9.3 per cent in September 2019. That said, the central bank estimates the ratio to increase to 13.5 per cent by September 2021. The GNPA could escalate to 14.8 per cent if the macroeconomic environment worsens into a severe stress scenario. Heading into FY 2021-22, credit growth outlook is expected to improve amid improvement in GDP growth and as liquidity remains comfortable.
Loan book - Retail and Wholesale
The Personal Loan Business is also surging back to pre-COVID levels, and ended the year at ` 118,000 crore. About 80 per cent of the incremental loans were to employees of top rated corporates with reasonably high disposable income. In the year under review, the portfolio further improved qualitatively, which is indicated by an increase in credit scores across segments. Corporate Banking, which focuses on large, well-rated companies, continued to be the biggest contributor to Wholesale Banking in terms of asset size. This business ended FY 2020-21 with a domestic loan book size of ` 2.98 lakh crore, recording a rise of 23 per cent over the year earlier. This was thanks to your Bank?s focused outreach to large corporates and well-rated/blue chip PSUs at the outset of the pandemic to offer them liquidity. It was able to do so as it was armed with sufficient cash due to its strong capital base and balance sheet.
Bullish / Bearish signals for HDFC Bank basis selected technical indicators and moving average crossovers.
5 Day EMA Crossover
Bullish signal on daily chart
Appeared on: 19 Nov 2024
5D EMA: 1720.64
Date | 7 days Gain/Loss % |
---|---|
5 Nov 2024 | 1.42% |
1 Nov 2024 | 0.44% |
18 Oct 2024 | 5.16% |
14 Oct 2024 | 1.18% |
Average price gain of 2.39% within 7 days of Bullish signal in last 5 years
10 Day EMA Crossover
Bullish signal on daily chart
Appeared on: 19 Nov 2024
10D EMA: 1724.05
Date | 7 days Gain/Loss % |
---|---|
5 Nov 2024 | 1.42% |
18 Oct 2024 | 5.16% |
14 Oct 2024 | 1.18% |
9 Sep 2024 | 1.90% |
Average price gain of 2.45% within 7 days of Bullish signal in last 5 years
R1 | R2 | R3 | PIVOT | S1 | S2 | S3 | |
---|---|---|---|---|---|---|---|
Classic | 1754.08 | 1766.47 | 1786.32 | 1746.62 | 1734.23 | 1726.77 | 1706.92 |
5 DAYS | 14 DAYS | 28 DAYS | |
---|---|---|---|
ATR | 35.51 | 34.30 | 32.09 |
Stock Returns vs Nifty 100
Stock gave a 3 year return of 13.18% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)Stock Returns vs Nifty Bank
Stock generated 13.18% return as compared to Nifty Bank which gave investors 33.31% return over 3 year time period. (as of last trading session)Choose from Peers
Choose from Stocks
Stock Returns vs Nifty 100
Stock gave a 3 year return of 13.18% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)Stock Returns vs Nifty Bank
Stock generated 13.18% return as compared to Nifty Bank which gave investors 33.31% return over 3 year time period. (as of last trading session)6,887.97
Amount Invested (in Cr.)
8.41%
% of AUM
2.50
% Change (MoM basis)
6,248.52
Amount Invested (in Cr.)
9.62%
% of AUM
0.00
% Change (MoM basis)
6,172.97
Amount Invested (in Cr.)
6.51%
% of AUM
0.00
% Change (MoM basis)
MF Ownership as on 31 October 2024
Price
1,738.20-1.55 (-0.09%)
Open Interest
14,36,03,3507,36,350 (0.52%)
Open | High | Low | Prev Close | Contracts Traded | Turnover (₹ Lakhs) |
---|---|---|---|---|---|
1,740.00 | 1,756.80 | 1,731.45 | 1,739.75 | 48,576 | 4,22,739.93 |
Open Interest as of 21 Nov 2024
Price
11.85-2.35 (-16.55%)
Open Interest
48,18,55010,66,450 (28.42%)
Open | High | Low | Prev Close | Contracts Traded | Turnover (₹ Lakhs) |
---|---|---|---|---|---|
14.80 | 23.95 | 10.25 | 14.20 | 28,364 | 2,50,225.41 |
Open Interest as of 21 Nov 2024
Meeting Date | Announced on | Purpose | Details |
---|---|---|---|
Oct 19, 2024 | Sep 16, 2024 | Board Meeting | Quarterly Results |
Aug 09, 2024 | Jul 18, 2024 | AGM | - |
Jul 20, 2024 | Jun 21, 2024 | Board Meeting | Quarterly Results |
Apr 20, 2024 | Apr 18, 2024 | Board Meeting | Audited Results, Final Dividend & Others |
Mar 31, 2024 | Feb 26, 2024 | POM | - |
Type | Dividend | Dividend per Share | Ex-Dividend Date | Announced on |
---|---|---|---|---|
Final | 1950% | 19.5 | May 10, 2024 | Apr 22, 2024 |
Final | 1900% | 19.0 | May 16, 2023 | Apr 17, 2023 |
Final | 1550% | 15.5 | May 12, 2022 | Apr 23, 2022 |
Final | 650% | 6.5 | Jun 29, 2021 | Jun 18, 2021 |
Special | 250% | 5.0 | Aug 01, 2019 | Jul 22, 2019 |
All Types | Ex-Date | Record Date | Announced on | Details |
---|---|---|---|---|
Splits | Sep 19, 2019 | Sep 20, 2019 | May 22, 2019 | Split: Old FV2.0| New FV:1.0 |
Splits | Jul 14, 2011 | Jul 16, 2011 | Apr 18, 2011 | Split: Old FV10.0| New FV:2.0 |
HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 13,24,726.26 Crore).HDFC Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2024. Show More
Atanu Chakraborty
Part Time Chairman & Independent DirectorSashidhar Jagdishan
Managing Director & CEOKaizad Bharucha
Deputy Managing DirectorBhavesh Zaveri
Executive DirectorIndustry
Key Indices Listed on
Nifty 50, BSE Sensex, Nifty Bank, + 43 more
Address
HDFC Bank House,Senapati Bapat Marg,Mumbai, Maharashtra - 400013
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