HDFC Bank Ltd.
Banking · NSE
52-week range
₹727 – ₹1,021
From 52w high
-23.5%
RSI (14)
45.7
vs SMA 50 / 200
↓ 50 · ↓ 200
HDFCBANK is India's largest private sector bank by assets, currently trading at ₹780.85 — down 18.06% over the past year and 23.48% off its 52-week high — below both its 50-DMA (₹810.56) and 200-DMA (₹933.35). The trailing PE stands at 17.43 with a forward PE of 12.41, reflecting consensus expectations of earnings acceleration. A 5-year earnings CAGR of 7.5% and a dividend yield of 1.66% characterise the fundamental backdrop.
- ✓Forward PE of 12.41 represents a 28.7% compression from the trailing PE of 17.43, implying a significant implied earnings-growth step-up priced in by the analyst consensus of 1.16 across 38 analysts (1–5 scale, lower = more constructive).
- ✓FCF was positive in 4 of the available historical years, and profit margin of 26.83% remains among the higher levels for large-cap Indian banking.
- ✓5-year earnings growth of 7.5% demonstrates sustained bottom-line expansion through a period that included a large-scale merger integration with HDFC Ltd.
- ✓Dividend yield of 1.66% provides a current income component at a trailing PE of 17.43, which sits at the lower end of HDFCBANK's historical valuation range.
- ✗The stock has been below its 200-DMA for an extended period, with price trading 16.3% below the 200-DMA (₹933.35) and a 52-week drawdown of 23.48%, reflecting sustained price underperformance.
- ✗ROE of 13.82% cleared the 15% threshold in only 2 of the available historical years, and 5-year revenue growth of -1.8% signals top-line contraction over the measurement window — likely reflecting merger-related balance sheet restructuring but material nonetheless.
- ✗Quality score of 47 and ROE rank of 4th out of 6 peers place HDFCBANK below sector peers ICICIBANK (quality 64, ROE 16.36%) and BAJFINANCE (ROE 17.91%) on composite quality metrics.
- ✗Consistency score of 69 and a rising debt trend, assessed alongside the post-merger balance sheet, warrant monitoring of NIM trajectory and deposit cost data in upcoming quarterly disclosures.
- ·Q4 FY26 earnings results were published in April 2026, with mutual funds reported to have deployed approximately ₹17,250 crore into the stock around the period of the chairman's departure — a governance transition that multiple news sources described as now behind the company.
- ·Net loan losses data was highlighted by TradingView as of May 2026, with the most recent near-term resistance levels sitting at ₹820.05 and ₹994–₹999 range, while nearest support levels are at ₹762.25 and ₹726.65.
- ·News sentiment across 7 recent articles was neutral overall (2 positive, 5 neutral, 0 negative), with headlines centred on Q4 results, dividend announcements, and the post-chairman-exit institutional positioning.
- ?Does the gap between the trailing PE of 17.43 and forward PE of 12.41 reflect a credible earnings trajectory given the 5-year revenue growth of -1.8%, or does it embed assumptions that may be difficult to sustain post-merger normalisation?
- ?How has HDFCBANK's NIM and deposit-cost structure evolved in the quarters following the HDFC Ltd merger, and what does that imply for the ROE trajectory relative to peers like ICICIBANK (16.36%) and BAJFINANCE (17.91%)?
- ?With the stock 23.48% off its 52-week high and below both moving averages, what specific operational or macro catalysts have historically preceded price recovery to the ₹933–₹999 resistance zone?
- ?Given the chairman transition and the reported ₹17,250 crore institutional inflow in April 2026, how is HDFCBANK's governance and management continuity risk positioned relative to the broader banking sector over the next 12–24 months?
PE
17.4
Forward PE
12.4
ROE
+13.8%
Profit margin
+26.8%
D/E
—
Dividend yield
+1.7%
Quality score
47/100
ROE 5y above 15%
2/5 yrs
FCF 5y positive
4/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 10 May 2026.