Company data sheet · Hdfc Bank

Hdfc Bank: growth far beyond its economy.

Industry
Commercial Banks
Headquarters
India
Ticker
HDB (NYSE)
Sources
SEC filings (2002–2026), Stratrix's verified Decision Cases, market data and official economic statistics for India
Data as of
October 18, 2026
  1. It outgrew its own economy many times over. Revenue rose from ₹368 billion in fiscal 2016 to ₹2.19 trillion in fiscal 2025: 6.0 times as much. India's economy, counted the same way in money terms, grew about 164%. Whatever drove it, the economy around it does not account for growth of that size.
  2. Ahead of almost everyone like it. From 2016 to 2025, its revenue grew 292% in US dollars; the median among 86 large financial companies grew 83%. It outgrew 88% of them.
  3. Profitable every year. Hdfc Bank made money in each of its last ten fiscal years, from ₹118 billion (fiscal 2016) to ₹674 billion (fiscal 2025).

Financial results

Fiscal yearRevenueNet income
2016₹368 billion₹118 billion
2017₹424 billion₹141 billion
2018₹508 billion₹179 billion
2019₹595 billion₹220 billion
2020₹674 billion₹260 billion
2021₹782 billion₹326 billion
2022₹892 billion₹386 billion
2023₹1.13 trillion₹495 billion
2024₹1.85 trillion₹623 billion
2025₹2.19 trillion₹674 billion

As reported in its annual filings, in INR. Losses in red.

The full data sheet · Data Plan

Everything behind these findings, ready for your board deck.

  • Economic context: 5 measures for India, every year since 2016, from the official sources.
  • Peer comparison: against 125 companies of its size in its sector.
  • Financial results: ten years of revenue, operating and net income, and every annual report, linked.
  • Methods and sources, so each number can be checked and cited.

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