HDFC Bank Limited

HDB Financial Banks Regional

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

24.68 0.35 +1.44%
Market cap
$127.0B
P/E
16.7×
Fwd P/E
—
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

HDFC Bank Limited (HDB) Gross margin

Alert me on Gross margin

HDFC Bank Limited's gross margin over the twelve months to 30 June 2026 was 57.1%, down 0.2 percentage points from fiscal 2026 (57.3%). Over the past ten years it has ranged from 53.9% (fiscal 2016) to 63.6% (fiscal 2022); the current reading is higher than 67% of that period. That is below the Banks Regional industry median of 69.8% and below the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 57.3% 0.76
FY2025 56.5% 0.10
FY2024 56.4% (4.42)
FY2023 60.9% (2.72)
FY2022 63.6% 2.31
FY2021 61.3% 5.12
FY2020 56.1% 0.59
FY2019 55.6% (1.91)
FY2018 57.5% 2.17
FY2017 55.3% 1.40

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 64.2% 88.54
Mar 2026 −24.3% (88.22)
Dec 2025 63.9% 3.32
Sep 2025 60.6% (3.56)
23 more quarters

Against its own ten years

Low 53.9% High 63.6%
Ten-year median 56.5%
Current reading's percentile 35

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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