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Company · Financials · Private-sector banking

HDFC Bank (HDFCBANK)

India's largest private-sector bank by assets and market value, further enlarged by its 2023 merger with parent mortgage lender HDFC Ltd. Also trades as ADRs on the NYSE.

Legal name
HDFC Bank Limited
Ticker
HDFCBANK
Exchange
National Stock Exchange of India · MIC XNSE
Country
India
Sector
Financials
Industry
Private-sector banking
Market cap ≈
$116.2bn — computed, not copied: 15.393bn shares × 720.3 INR close on 2026-08-28
Reporting currency
INR
Founded
1994
Website
www.hdfcbank.com
LEI
335800ZQ6I4E2JXENC50 (GLEIF)
ISIN
INE040A01034 (check digit validated)
FIGI
BBG001S8J4N5 (share class, OpenFIGI)

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Sector peers — Financials

Compare: HDFCBANK vs BRK.A · HDFCBANK vs JPM · HDFCBANK vs V

How this market cap is arrived at

Shares outstanding15,393,368,328
Basisoutstanding
As of2026-03-31
SourceSEC 20-F cover page (2026-03-31)
Price720.3 INR · HDFCBANK.NS · close 2026-08-28
VenueNSE
Converted atECB euro reference rates, 2026-08-28
Market cap$116.2bn

First-ever 1:1 bonus: 7,677,039,761 bonus shares allotted 28 Aug 2025, record date 27 Aug 2025 - any share count from before September 2025 (~7.68bn) is exactly half the correct number, and the price series is halved from 26 Aug 2025. ADR ratio did not change: the bank deliberately kept 1 ADS = 3 equity shares and instead instructed JPMorgan (depositary) to double the number of ADSs outstanding; the 20-F cover confirms "American Depositary Shares, each representing three Equity Shares".

Share counts move on a filing cadence, prices move continuously — so this figure is exact only as of the two dates above, and we publish both rather than a single undated number. This company is quoted here through a depositary receipt (HDB), where one receipt represents 3 ordinary shares; the price is put on an ordinary-share basis before it meets the share count. Provenance.

Fundamentals

From the 20-F for the year ended 2025-03-31USDAs reported
Revenueus-gaap:Revenues $25.6bn 2.19tn INR
Net incomeus-gaap:NetIncomeLoss $7.9bn 673.5bn INR
Total assetsus-gaap:Assets $564.0bn 48.19tn INR
Shareholders' equityus-gaap:StockholdersEquity $89.9bn 7.68tn INR
Cash & equivalentsus-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $23.2bn 1.98tn INR

Net margin 30.8% — net income divided by revenue, both from this same filing.
Market cap / net income 14.7× — a market value from 2026-08-28 divided by earnings for a year that ended 2025-03-31. The two dates are far apart on purpose: this is arithmetic on two published numbers, not a valuation.

Every figure above is read from the same 20-F, filed 2025-07-14, and each row names the XBRL tag it came from so it can be checked against the document. Metrics absent from that filing are absent here rather than sourced from a different year — a table mixing periods is individually true and collectively meaningless. The company reports in INR; the dollar column converts at ECB euro reference rate on 2025-03-31, the period end, not today.

Identifier crosswalk

StandardValueWhat it answers
Ticker HDFCBANK Venue-local shorthand — ambiguous across markets
MIC XNSE ISO 10383 — the venue
ISIN INE040A01034 ISO 6166 — the security
LEI 335800ZQ6I4E2JXENC50 ISO 17442 — the legal entity
FIGI BBG001S8J4N5 OpenFIGI — instrument, share class

5 naming systems for one entity — only codes we actually hold are listed, with no gaps filled by guessing. Sources: LEI from GLEIF (CC0), ISIN read from the issuer's own primary listing document, with its ISO 6166 check digit validated, FIGI from OpenFIGI (open standard), MIC from the ISO 10383 registry. Each linked code opens its reverse-lookup page; the validator checks any code's check digit. seed-0.7 · marketcap-1 · 2026-08-30.

Approximate reference values from public sources · seed-0.7 · marketcap-1 · 2026-08-30 · not real-time. See data & methodology.

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