HDFC Bank Limited (HDFA) - Net Assets
Based on the latest financial reports, HDFC Bank Limited (HDFA) has net assets worth €5.63 Trillion EUR (≈ $6.58 Trillion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€44.56 Trillion ≈ $52.10 Trillion USD) and total liabilities (€38.93 Trillion ≈ $45.51 Trillion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of HDFC Bank Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €5.63 Trillion |
| % of Total Assets | 12.64% |
| Annual Growth Rate | 30.46% |
| 5-Year Change | 309.75% |
| 10-Year Change | N/A |
| Growth Volatility | 24.91 |
HDFC Bank Limited - Net Assets Trend (2017–2025)
This chart illustrates how HDFC Bank Limited's net assets have evolved over time, based on quarterly financial data. See HDFC Bank Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for HDFC Bank Limited (2017–2025)
The table below shows the annual net assets of HDFC Bank Limited from 2017 to 2025. For live valuation and market cap data, see how much is HDFC Bank Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €8.62 Trillion ≈ $10.08 Trillion |
+83.55% |
| 2024-03-31 | €4.70 Trillion ≈ $5.49 Trillion |
+61.00% |
| 2023-03-31 | €2.92 Trillion ≈ $3.41 Trillion |
+16.27% |
| 2022-03-31 | €2.51 Trillion ≈ $2.93 Trillion |
+19.25% |
| 2021-03-31 | €2.10 Trillion ≈ $2.46 Trillion |
+10.96% |
| 2020-03-31 | €1.90 Trillion ≈ $2.22 Trillion |
+15.95% |
| 2019-03-31 | €1.64 Trillion ≈ $1.91 Trillion |
+39.03% |
| 2018-03-31 | €1.18 Trillion ≈ $1.38 Trillion |
+14.46% |
| 2017-03-31 | €1.03 Trillion ≈ $1.20 Trillion |
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Equity Component Analysis
This analysis shows how different components contribute to HDFC Bank Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 247.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.10 Trillion | 27.34% |
| Other Components | €5.58 Trillion | 72.66% |
| Total Equity | €7.68 Trillion | 100.00% |
HDFC Bank Limited Competitors by Market Cap
The table below lists competitors of HDFC Bank Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Starbucks Corporation
NASDAQ:SBUX
|
$111.02 Billion |
|
GlaxoSmithKline PLC ADR
NYSE:GSK
|
$111.15 Billion |
|
China Merchants Bank Co Ltd
SHG:600036
|
$112.48 Billion |
|
UNICREDIT S.P.A. ADR
F:CRIP
|
$112.81 Billion |
|
Parker-Hannifin Corporation
NYSE:PH
|
$110.81 Billion |
|
FAST RETAIL. CO. ADR 1/10
F:FR70
|
$110.46 Billion |
|
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
|
$110.45 Billion |
|
Bristol-Myers Squibb Company
NYSE:BMY
|
$110.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HDFC Bank Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,563,952,500,000 to 7,676,891,400,000, a change of 3,112,938,900,000 (68.2%).
- Net income of 673,508,300,000 contributed positively to equity growth.
- Dividend payments of 158,058,100,000 reduced retained earnings.
- Other factors increased equity by 2,597,488,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €673.51 Billion | +8.77% |
| Dividends Paid | €158.06 Billion | -2.06% |
| Other Changes | €2.60 Trillion | +33.84% |
| Total Change | €- | 68.21% |
Book Value vs Market Value Analysis
This analysis compares HDFC Bank Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €200.20 | €22.00 | x |
| 2018-03-31 | €226.23 | €22.00 | x |
| 2019-03-31 | €299.74 | €22.00 | x |
| 2020-03-31 | €345.25 | €22.00 | x |
| 2021-03-31 | €380.59 | €22.00 | x |
| 2022-03-31 | €451.69 | €22.00 | x |
| 2023-03-31 | €521.92 | €22.00 | x |
| 2024-03-31 | €600.77 | €22.00 | x |
| 2025-03-31 | €1003.23 | €22.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HDFC Bank Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.40%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 6.28x
- Recent ROE (8.77%) is below the historical average (13.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 13.70% | 30.41% | 0.05x | 8.84x | €37.92 Billion |
| 2018 | 15.20% | 31.44% | 0.05x | 9.68x | €61.10 Billion |
| 2019 | 13.48% | 32.97% | 0.05x | 8.13x | €56.85 Billion |
| 2020 | 13.75% | 32.87% | 0.05x | 8.43x | €70.96 Billion |
| 2021 | 14.83% | 34.54% | 0.05x | 8.58x | €101.36 Billion |
| 2022 | 15.41% | 37.86% | 0.05x | 8.43x | €135.52 Billion |
| 2023 | 17.01% | 41.10% | 0.05x | 8.84x | €204.23 Billion |
| 2024 | 13.64% | 31.34% | 0.05x | 8.83x | €166.26 Billion |
| 2025 | 8.77% | 28.40% | 0.05x | 6.28x | €-94.18 Billion |
Industry Comparison
This section compares HDFC Bank Limited's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $4,067,079,478,900
- Average return on equity (ROE) among peers: 8.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HDFC Bank Limited (HDFA) | €5.63 Trillion | 13.70% | 6.91x | $110.85 Billion |
| Grupo Supervielle S.A (189A) | $92.35 Billion | -5.45% | 6.55x | $590.94 Million |
| WOORI FIN. GRP SP.ADR/3 (2WGA) | $28.81 Trillion | 8.83% | 14.52x | $11.06 Billion |
| Bank of Zhengzhou Co. Ltd (3BZ) | $33.44 Billion | 12.80% | 12.03x | $226.76 Million |
| Manx Financial Group PLC (3IM) | $37.31 Million | 21.71% | 12.34x | $33.35 Million |
| Postal Savings Bank of China Co Ltd (3YB) | $1.16 Trillion | 7.52% | 15.07x | $12.50 Billion |
| PO.S.B.O. UNSP.ADRS/20YC1 (3YB0) | $795.55 Billion | 9.57% | 14.82x | $13.93 Billion |
| TISCO Financial Group Public Company Limited (47TA) | $39.20 Billion | 18.55% | 6.61x | $2.34 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $26.12 Billion | 7.27% | 10.72x | $1.28 Billion |
| Harbin Bank Co. Ltd (5H6) | $64.78 Billion | 1.77% | 14.73x | $116.65 Million |
| JAPAN POST BK UNSP.ADR/1 (5JP0) | $9.65 Trillion | 3.37% | 22.79x | $53.42 Billion |
About HDFC Bank Limited
HDFC Bank Limited provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai. The company operates through Treasury, Retail Banking, Wholesale Banking, Other Banking Business, Insurance Business, and Other segments. It offers savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and rec… Read more