HDB financial statements

The full income statement, balance sheet, and cash-flow statement for HDFC Bank Limited (HDB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	24.8B YoY-3.2%	25.6B YoY+15.2%	22.2B YoY+61.6%	13.8B YoY+17.0%	11.8B YoY+10.0%
Noninterest income	10.6B YoY-6.2%	11.3B YoY+27.7%	8.87B YoY+150.1%	3.55B YoY-0.6%	3.57B YoY+3.1%
Amortization of intangibles	220M YoY-25.4%	295M YoY+16.1%	254M	0.00	0.00
Noninterest expense	14.4B YoY-2.8%	14.8B YoY+15.5%	12.8B YoY+124.9%	5.70B YoY+15.9%	4.92B YoY+5.0%
Provision for credit losses	1.79B YoY-15.5%	2.12B YoY+33.0%	1.60B YoY+76.8%	903M YoY-46.0%	1.67B YoY-20.6%
Interest expense	—	—	18.4B YoY+95.1%	9.44B YoY+22.5%	7.70B YoY-4.9%
Interest & investment income	35.8B YoY-5.2%	37.8B YoY+13.2%	33.4B YoY+62.4%	20.6B YoY+17.0%	17.6B YoY+0.7%
Net interest income	16.0B YoY-2.8%	16.4B YoY+9.8%	15.0B YoY+34.7%	11.1B YoY+12.7%	9.87B YoY+5.6%
Gain (loss) on equity securities	46.1M YoY+2551.5%	-1.88M YoY-101.3%	142M	—	—
Pre-tax income	10.0B YoY-0.8%	10.1B YoY+19.1%	8.46B YoY+5.0%	8.06B YoY+17.8%	6.84B YoY+13.8%
Income tax	2.26B YoY+10.3%	2.05B YoY+119.4%	934M YoY-53.8%	2.02B YoY+15.7%	1.75B YoY+12.3%
	7.51B YoY-4.7%	7.88B YoY+5.5%	7.47B YoY+23.9%	6.03B YoY+18.5%	5.09B YoY+14.1%
Net income to non-controlling interest	238M YoY+56.0%	152M YoY+155.3%	59.7M YoY+503.0%	9.90M YoY+25.3%	7.90M YoY+1875.0%
	$1.44 YoY-7.7%	$1.56 YoY-1.0%	$1.57 YoY-1.9%	$1.60 YoY+17.6%	$1.36 YoY+13.8%
EPS (basic)	$1.47 YoY-6.7%	$1.57 YoY-0.9%	$1.59 YoY-1.9%	$1.62 YoY+17.4%	$1.38 YoY+13.6%
	5.12B YoY+0.7%	5.09B YoY+7.7%	4.72B YoY+27.2%	3.71B YoY+0.6%	3.69B YoY+0.6%
	5.14B YoY+0.6%	5.11B YoY+7.8%	4.74B YoY+27.2%	3.72B YoY+0.4%	3.71B YoY+0.7%
Dividends per share	$0.51 YoY+30.8%	$0.39 YoY+13.0%	$0.34 YoY+0.0%	$0.34 YoY+15.0%	$0.30 YoY+122.2%
Balance Sheet	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Cash & equivalents	27.2B YoY+28.5%	21.1B YoY-13.5%	24.4B YoY+46.7%	16.6B YoY+21.9%	13.7B YoY+11.3%
	561B YoY-0.6%	564B YoY+6.6%	529B YoY+68.9%	313B YoY+12.6%	278B YoY+13.2%
Property, plant & equipment	1.91B YoY-5.5%	2.02B YoY+14.4%	1.76B YoY+65.6%	1.07B YoY+22.8%	868M YoY+19.5%
Operating lease right-of-use	1.71B YoY+2.9%	1.67B YoY+14.4%	1.46B YoY+32.8%	1.10B	—
Goodwill	17.4B YoY+0.0%	17.4B YoY-9.0%	19.1B YoY+2021.0%	899M YoY+0.0%	899M
Intangible assets	14.4B YoY-10.3%	16.0B YoY-4.2%	16.8B	0.00	—
Short-term & current debt	14.4B YoY-5.9%	15.3B YoY-3.0%	15.8B YoY+18.9%	13.3B YoY+81.5%	7.30B YoY+123.3%
	463B YoY+0.0%	463B YoY+6.5%	435B YoY+56.5%	278B YoY+13.3%	245B YoY+13.4%
Long-term debt	54.6B YoY-20.5%	68.7B YoY-13.9%	79.8B YoY+219.2%	25.0B YoY+22.0%	20.5B YoY+27.5%
Operating lease liability (total)	1.86B YoY+3.3%	1.80B YoY+14.6%	1.57B YoY+32.3%	1.19B YoY+15.4%	1.03B YoY+7.0%
	87.0B YoY-3.1%	89.9B YoY+7.8%	83.4B YoY+135.3%	35.4B YoY+7.3%	33.0B YoY+11.8%
Additional paid-in capital	48.8B YoY-6.0%	51.9B YoY-0.4%	52.1B YoY+385.0%	10.7B YoY-2.3%	11.0B YoY+1.3%
Treasury stock	180M YoY-9.0%	197M YoY-2.5%	202M	0.00	—
Accumulated other comprehensive income	-665M YoY-158.5%	1.14B YoY+710.0%	-187M YoY+77.5%	-831M YoY-254.2%	-235M YoY-163.1%
Non-controlling interest	10.6B YoY-4.4%	11.1B YoY-1.7%	11.3B YoY+16321.9%	68.6M YoY+12.8%	60.8M YoY+17.8%
Total equity incl. non-controlling	97.6B YoY-3.3%	101B YoY+6.7%	94.6B YoY+166.5%	35.5B YoY+7.3%	33.1B YoY+11.8%
Total liabilities & equity	561B YoY-0.6%	564B YoY+6.6%	529B YoY+68.9%	313B YoY+12.6%	278B YoY+13.2%
	5.13B YoY+0.6%	5.10B YoY+0.7%	5.06B YoY+36.2%	3.72B YoY+0.6%	3.70B YoY+0.6%
	5.13B YoY+0.6%	5.10B YoY+0.7%	5.06B YoY+36.2%	3.72B YoY+0.6%	3.70B YoY+0.6%
	5.13B YoY+0.6%	5.10B YoY+0.7%	5.06B YoY+36.2%	3.72B YoY+0.6%	3.70B YoY+0.6%
Cash Flow	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	11.9B YoY-14.8%	14.0B YoY+14.1%	12.3B YoY+111.3%	5.81B YoY-24.2%	7.66B YoY-39.2%
Intangible amortization	220M YoY-25.4%	295M YoY+16.1%	254M	0.00	0.00
Share-based compensation	236M YoY-18.1%	288M YoY+19.5%	241M YoY+41.6%	171M YoY-6.8%	183M YoY+26.1%
Deferred income taxes	-260M YoY-42.4%	-183M YoY+73.3%	-686M YoY-558.8%	149M YoY+214.7%	-130M YoY-15.4%
	-38.1B YoY+12.4%	-43.5B YoY+1.3%	-44.1B YoY+17.5%	-53.4B YoY-22.8%	-43.5B YoY-26.3%
Capital expenditure	563M YoY-27.6%	777M YoY+20.3%	646M YoY+21.7%	531M YoY+52.9%	347M YoY+42.5%
Free cash flow	11.4B YoY-14.1%	13.2B YoY+13.7%	11.6B YoY+120.3%	5.28B YoY-27.8%	7.31B YoY-40.8%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Sales/maturities of investments	7.14B YoY-52.1%	14.9B YoY+6.6%	14.0B YoY+15.5%	12.1B YoY+13.6%	10.6B YoY-0.7%
Proceeds from sale of PP&E	53.3M YoY+360.7%	11.6M YoY-37.1%	18.4M YoY+253.8%	5.20M YoY+100.0%	2.60M YoY+23.8%
	31.7B YoY+11.9%	28.3B YoY-29.5%	40.2B YoY-20.9%	50.8B YoY+32.3%	38.4B YoY+46.3%
Long-term debt issued	9.17B YoY+18.5%	7.74B YoY-44.2%	13.9B YoY+11.4%	12.4B YoY+30.6%	9.53B YoY+44.6%
Long-term debt repaid	18.1B YoY+5.9%	17.1B YoY+1.9%	16.8B YoY+147.4%	6.79B YoY+45.8%	4.66B YoY+4.4%
Net short-term debt	187M YoY+218.9%	-157M YoY-105.9%	2.67B YoY-59.1%	6.52B YoY+57.1%	4.15B YoY+319.8%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00	0.00	0.00
Dividends paid	2.33B YoY+26.2%	1.85B YoY+78.0%	1.04B YoY-1.1%	1.05B YoY+120.1%	478M YoY+20665.2%
FX effect on cash	545M YoY+2417.4%	-23.5M YoY-227.0%	18.5M YoY-78.4%	85.6M YoY+1216.9%	6.50M YoY+280.6%
Net change in cash	6.02B YoY+598.9%	-1.21B YoY-114.4%	8.38B YoY+159.6%	3.23B YoY+28.0%	2.52B YoY-42.1%
Interest paid	19.7B YoY-6.6%	21.1B YoY+25.0%	16.9B YoY+86.2%	9.07B YoY+18.7%	7.64B YoY-6.0%
Income taxes paid	2.38B YoY+4.2%	2.29B YoY-4.6%	2.40B YoY+20.4%	1.99B YoY+1.8%	1.96B YoY+9.9%
Valuation Ratios	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Market cap	128B	—	—	—	—
P/E	17.0× YoY-20.2%	21.3× YoY+22.1%	17.4× YoY-16.0%	20.8× YoY-7.5%	22.5× YoY-30.6%
P/S	5.1×	—	—	—	—
P/B	1.5×	—	—	—	—
P/FCF	11.2×	—	—	—	—
	5.9% YoY+25.3%	4.7% YoY-18.1%	5.7% YoY+19.1%	4.8% YoY+8.2%	4.5% YoY+44.1%
	8.9%	—	—	—	—
	2.0% YoY+74.6%	1.2% YoY-4.8%	1.2% YoY+19.1%	1.0% YoY+5.8%	0.98% YoY+181.5%
Source filing	20-F	20-F	20-F	20-F	20-F

About this data

Source: HDB's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all HDB filings on SEC EDGAR → Not investment advice.