HDFC Bank Limited
HDFC Bank Limited’s revenue for fiscal 2026 (year ended March 2026) was $46.4 billion, down 5.46% from fiscal 2025.
- Revenue
- −9.36%
- EPS
- +8.11%
- Free cash flow
- −1.95%
Quarter to June 2026, against a year earlier
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HDFC Bank Limited (HDB) Debt to equity
HDFC Bank Limited's debt to equity at the end of the quarter to 30 June 2026 was 0.0×, down 0.6× from fiscal 2026 (0.6×). Over the past ten years it has ranged from 0.5× (fiscal 2020) to 0.8× (fiscal 2024); the current reading is higher than 25% of that period. That is below the Banks Regional industry median of 0.2× and below the Financial sector median of 0.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2026 | 0.6× | (17.86%) |
| FY2025 | 0.7× | (19.31%) |
| FY2024 | 0.8× | 19.74% |
| FY2023 | 0.7× | 13.67% |
| FY2022 | 0.6× | 14.07% |
| FY2021 | 0.5× | 0.31% |
| FY2020 | 0.5× | (15.24%) |
| FY2019 | 0.6× | (19.47%) |
| FY2018 | 0.8× | 11.52% |
| FY2017 | 0.7× | 18.56% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.6× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 25 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| HDB HDFC Bank Limited | 0.0× |
| NWG NatWest Group plc compare | 0.1× |
| IBN ICICI Bank Limited compare | 0.7× |
| USB U.S. Bancorp compare | 0.8× |
| TFC Truist Financial Corporation compare | 0.9× |
| PNC The PNC Financial Services Group, Inc compare | 1.3× |
| DB Deutsche Bank Aktiengesellschaft compare | 1.4× |
| MFG Mizuho Financial Group, Inc. compare | 1.5× |
| LYG Lloyds Banking Group PLC compare | 2.2× |
| Banks Regional industry median | 0.2× |
| Financial sector median | 0.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
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