HDFC Bank's FY01 net up 75% - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

HDFC Bank's FY01 net up 75%

Apr 14, 2001

HDFC Bank has recorded a growth of 75% in profits and 85% in interest income for the year ended March '01. However, due to the merger of Times Bank, HDFC Bank's financials are not strictly comparable.

(Rs m) FY00 FY01 Change
Interest Income 6,799 12,595 85.3%
Other Income 1,254 1,855 48.0%
Profit after Tax/(Loss) 1,200 2,101 75.0%
Net profit margin (%) 17.7% 16.7%  
No. of Shares (eoy) (m) 243.3 243.3  
Diluted Earnings per share 4.9 8.6  
P/E (at current price)   27  

The growth pace of the bank slowed down during the fourth quarter of the year. While interest income increased by 41%, net profits grew by 58% in 4QFY01. This was lower than its performance in the last three quarters.

At the current price of Rs 231 HDFC Bank is trading at a P/E of 27 times FY01 earnings. Its Price/Book value ratio of 6 times is comparatively higher than its peers. The bank is planning to raise amount through ADR which will help it in further expanding the size.


Equitymaster requests your view! Post a comment on "HDFC Bank's FY01 net up 75%". Click here!

  

More Views on News

HDFC BANK Announces Quarterly Results (1QFY21); Net Profit Up 19.6% (Quarterly Result Update)

Jul 20, 2020 | Updated on Jul 20, 2020

For the quarter ended June 2020, HDFC BANK has posted a net profit of Rs 67 bn (up 19.6% YoY). Sales on the other hand came in at Rs 304 bn (up 10.9% YoY). Read on for a complete analysis of HDFC BANK's quarterly results.

HDFC BANK Announces Quarterly Results (4QFY20); Net Profit Up 17.7% (Quarterly Result Update)

Apr 21, 2020 | Updated on Apr 21, 2020

For the quarter ended March 2020, HDFC BANK has posted a net profit of Rs 69 bn (up 17.7% YoY). Sales on the other hand came in at Rs 299 bn (up 13.5% YoY). Read on for a complete analysis of HDFC BANK's quarterly results.

How the YES Bank Collapse Unfolded - 10 Points (Sector Info)

Mar 9, 2020

A timeline of how YES Bank went from a stock market darling to a pariah.

Today's Stock Market Crash: 10 Points (Sector Info)

Mar 6, 2020

Top factors that dragged the markets lower today.

More Views on News

Most Popular

Why We Picked This Small-cap Stock for Our Hidden Treasure Subscribers (Profit Hunter)

Sep 17, 2020

This leading household brand will profit big time in a post covid world.

My Top Stock to Buy in this Market Selloff (Profit Hunter)

Sep 22, 2020

The recent correction offers a great opportunity to buy this high conviction smallcap stock.

What Do the Charts Say About Buying Smallcaps Now? (Fast Profits Daily)

Sep 18, 2020

Everyone seems to be excited about buying smallcaps now...but is it the right thing to do? What do the charts tell us? Find out in this video...

How Much Money Do You Need to Be a Professional Trader? (Fast Profits Daily)

Sep 17, 2020

In this video I'll answer a question I get asked often: How much capital do I really need to trade the markets for a living? Let's find out...

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

HDFC BANK SHARE PRICE


Sep 25, 2020 (Close)

TRACK HDFC BANK

  • Track your investment in HDFC BANK with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

HDFC BANK 8-QTR ANALYSIS

COMPARE HDFC BANK WITH

MARKET STATS