HDFC Bank Limited ADR (HDB) financial statements

Financial Services · Banks - Regional · Market cap $116.2B

HDFC Bank Limited ADR reported revenue of 2.19T INR in fiscal 2025, up 21.9% a year over 9 years.

Net income was 673.5B INR.

Free cash flow was 1.13T INR, and the company returned 158.1B INR in dividends.

The diluted share count rose 50% over the period (dilution).

Revenue and free cash flow

Fiscal years, $ billions (INR).

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<p style="font-size:13px">Source: <a href="https://investingly.io/stocks/HDB/financials">HDFC Bank Limited ADR financials</a> on Investingly</p>

Income statement

Fiscal years, in INR, from HDFC Bank Limited ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	367.7B INR	424.2B INR	508.4B INR	595.3B INR	674.1B INR	782.4B INR	892.4B INR	1.13T INR	1.85T INR	2.19T INR
Interest expense	333.1B INR	373.8B INR	420.3B INR	534.2B INR	618.5B INR	592.3B INR	584.3B INR	775.5B INR	1.53T INR	—
Pre-tax income	185.6B INR	220.0B INR	277.1B INR	340.0B INR	365.8B INR	439.8B INR	519.2B INR	662.4B INR	705.5B INR	861.5B INR
Income tax	67.5B INR	79.2B INR	98.3B INR	119.4B INR	105.5B INR	113.8B INR	132.6B INR	166.1B INR	77.8B INR	175.0B INR
Net income	117.9B INR	140.5B INR	178.5B INR	220.1B INR	260.3B INR	326.0B INR	386.0B INR	495.4B INR	622.7B INR	673.5B INR
EPS (diluted)	23.16 INR	27.29 INR	34.15 INR	40.66 INR	47.27 INR	59.02 INR	69.38 INR	88.68 INR	88.31 INR	89.63 INR
Diluted shares	5.09B	5.15B	5.23B	5.41B	5.51B	5.52B	5.56B	5.59B	7.11B	7.66B
Net margin	32.1%	33.1%	35.1%	37.0%	38.6%	41.7%	43.3%	43.8%	33.6%	30.8%

Balance sheet

Fiscal years, in INR, from HDFC Bank Limited ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Cash and short-term investments	377.7B INR	430.7B INR	574.2B INR	734.9B INR	612.0B INR	930.7B INR	1.12T INR	1.39T INR	2.09T INR	1.98T INR
Property, plant and equipment	35.7B INR	39.0B INR	39.0B INR	43.2B INR	48.3B INR	53.1B INR	65.8B INR	87.6B INR	147.0B INR	172.4B INR
Goodwill	—	—	—	—	—	—	74.9B INR	74.9B INR	1.63T INR	1.63T INR
Total assets	7.74T INR	9.07T INR	11.37T INR	13.28T INR	15.96T INR	17.98T INR	21.11T INR	25.76T INR	44.12T INR	48.19T INR
Total liabilities	6.87T INR	8.04T INR	10.19T INR	11.64T INR	14.07T INR	15.82T INR	18.60T INR	22.84T INR	36.23T INR	39.56T INR
Shareholders' equity	869.3B INR	1.03T INR	1.17T INR	1.63T INR	1.89T INR	2.16T INR	2.50T INR	2.91T INR	6.95T INR	7.68T INR
Net debt	-377.7B INR	-430.7B INR	-574.2B INR	-734.9B INR	-612.0B INR	-930.7B INR	-1.12T INR	-1.39T INR	-2.09T INR	-1.98T INR

Cash flow

Fiscal years, in INR, from HDFC Bank Limited ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	170.1B INR	379.3B INR	94.3B INR	183.3B INR	171.2B INR	921.8B INR	581.0B INR	477.2B INR	1.02T INR	1.20T INR
Capital spending	10.0B INR	12.6B INR	9.2B INR	16.4B INR	18.3B INR	17.8B INR	26.3B INR	43.6B INR	53.8B INR	66.4B INR
Free cash flow	160.1B INR	366.6B INR	85.1B INR	166.9B INR	152.9B INR	904.0B INR	554.7B INR	433.6B INR	968.5B INR	1.13T INR
Stock-based compensation	12.6B INR	8.2B INR	6.6B INR	5.3B INR	7.5B INR	10.6B INR	13.9B INR	14.0B INR	20.1B INR	24.6B INR
Dividends paid	24.4B INR	29.3B INR	34.5B INR	41.0B INR	66.4B INR	167M INR	36.2B INR	86.4B INR	86.6B INR	158.1B INR
Net borrowing	89.1B INR	280.7B INR	656.9B INR	-31.7B INR	-320.7B INR	17.7B INR	684.3B INR	1.00T INR	-22.3B INR	-815.3B INR
Free cash flow margin	43.5%	86.4%	16.7%	28.0%	22.7%	115.5%	62.2%	38.3%	52.2%	51.6%
Dividends per share	4.79 INR	5.68 INR	6.60 INR	7.58 INR	12.07 INR	0.03 INR	6.51 INR	15.46 INR	12.19 INR	20.64 INR

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Questions

What was HDFC Bank Limited ADR's revenue in 2025?

2.19T INR in fiscal 2025, from its 10-K filing.

How much free cash flow does HDFC Bank Limited ADR generate?

1.13T INR in fiscal 2025 (operating cash flow minus capital spending).

From HDFC Bank Limited ADR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.