Highlights
- Revenue over the Year and quarter: The company experienced a substantial growth of 67.06 % in the past year, substantial increase in revenue by 1.83 %.
- Profit over the Year and quarter: Significant improvement in profitability for HDFC Bank Ltd.. Notable increase of 42.57 % in net profit Year to Year, HDFC Bank Ltd.’s profitability increased by 1.66 % in this quarter.
- EPS over the Year and quarter: EPS increased by 2.75 % Year to Year. EPS increased by 2.02 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Revenue | Rs. 47548.34 Cr | Rs. 78008.17 Cr | Rs. 79433.61 Cr | + 1.83 % | + 67.06 % |
| Interest | Rs. 22606.03 Cr | Rs. 43242.37 Cr | Rs. 43691.51 Cr | + 1.04 % | + 93.27 % |
| Expenses | Rs. 17770.12 Cr | Rs. 50530.03 Cr | Rs. 62938.45 Cr | + 24.56 % | + 254.18 % |
| Financing Profit | Rs. 7172.19 Cr | Rs. -15764.23 Cr | Rs. -27196.35 Cr | -72.52 % | -479.19 % |
| Financing Margin % | 15.08 % | -20.21 % | -34.24 % | -14.03 % | -49.32 % |
| Other Income | Rs. 9610.5 Cr | Rs. 37007.34 Cr | Rs. 44957.74 Cr | + 21.48 % | + 367.8 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 16782.69 Cr | Rs. 21243.11 Cr | Rs. 17761.39 Cr | -16.39 % | + 5.83 % |
| Tax % | 24.72 % | 16.59 % | -1.42 % | -18.01 % | -26.14 % |
| Net Profit | Rs. 12634.01 Cr | Rs. 17718 Cr | Rs. 18012.87 Cr | + 1.66 % | + 42.57 % |
| EPS in Rs | Rs. 22.58 | Rs. 22.74 | Rs. 23.2 | + 2.02 % | + 2.75 % |
| Gross NPA % | % | % | % | % | % |
| Net NPA % | % | % | % | % | % |
Today, we’re looking at HDFC Bank Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year revenue growth of 67.06 %. However, it did see a marginal increase of 1.83 % from the previous quarter. Interest expenses surged remarkably by 1.04 % from the previous quarter, yet the year-over-year increase remains at a moderate 93.27 %. Expenses ticked up slightly by 24.56 % quarter-on-quarter, aligning with the annual rise of 254.18 %.
Financing profit, while down -479.19 % compared to last year, faced a quarter-on-quarter dip of -72.52 %, signaling a short-term contraction in margins. The Financing Margin % contradicts this narrative, showing weakness on an annual basis with a decrease of -49.32 %, but a shrinkage of -14.03 % sequentially. Other income rose by 21.48 % compared to the last quarter, despite an annual growth of 367.8 %. Profit before tax grew annually by 5.83 % but saw a reduction from the preceding quarter by -16.39 %. Tax expenses as a percentage of profits decreased slightly by -26.14 % compared to last year, with a more notable quarter-on-quarter decrease of -18.01 %.
Net profit rose by 42.57 % year-on-year, but experienced a 1.66 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2.75 % but a quarterly rise of 2.02 %. In summary, HDFC Bank Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Revenue | Rs. 47548.34 Cr | Rs. 78008.17 Cr | Rs. 79433.61 Cr | + 1.83 % | + 67.06 % |
| Interest | Rs. 22606.03 Cr | Rs. 43242.37 Cr | Rs. 43691.51 Cr | + 1.04 % | + 93.27 % |
| Expenses | Rs. 17770.12 Cr | Rs. 50530.03 Cr | Rs. 62938.45 Cr | + 24.56 % | + 254.18 % |
| Financing Profit | Rs. 7172.19 Cr | Rs. -15764.23 Cr | Rs. -27196.35 Cr | -72.52 % | -479.19 % |
| Net Profit | Rs. 12634.01 Cr | Rs. 17718 Cr | Rs. 18012.87 Cr | + 1.66 % | + 42.57 % |
| EPS in Rs | Rs. 22.58 | Rs. 22.74 | Rs. 23.2 | + 2.02 % | + 2.75 % |
In reviewing HDFC Bank Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Revenue saw a robust 67.06 % year-on-year growth, however, there was a minor increase of 1.83 % from the previous quarter. Interest expenses climbed by 1.04 % quarterly and sharply by 93.27 % annually, demonstrating effective cost control and improved debt management. Expenses rose by 254.18 % compared to the previous year, with a 24.56 % increase quarter-on-quarter. Financing Profit dropped by -479.19 % annually, and saw a -72.52 % decrease from the last quarter.
Net Profit showed yearly increase of 42.57 %, and experienced a 1.66 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2.75 % annually, however rose by 2.02 % compared to the last quarter. In essence, while HDFC Bank Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
