X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
HDFC BANK Announces Quarterly Results (4QFY19); Net Profit Up 22.6%

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 Announces Quarterly Results (4QFY19); Net Profit Up 22.6%
Mon, 22 Apr

HDFC BANK has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

HDFC BANK Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Operating incomeRs m213,211258,903263,3331.7%23.5%
Other incomeRs m42,28649,21048,712-1.0%15.2%
Total revenuesRs m255,497308,113312,0451.3%22.1%
InterestRs m106,634133,135132,438-0.5%24.2%
Gross Profit Rs m106,577125,768130,8954.1%22.8%
Other expensesRs m60,50667,19371,1715.9%17.6%
Profit before taxRs m72,94685,66989,5444.5%22.8%
TaxRs m24,95329,81030,6933.0%23.0%
Profit after taxRs m47,99355,85958,8515.4%22.6%
Gross profit margin %50.048.649.7
Effective tax rate%34.234.834.3
Net profit margin%22.521.622.3
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The bank's operating income (interest earned) during the quarter grew 23.5% on a year-on-year (YoY) basis. The interest expended was up by 24.2% YoY during the same period.
  • The bank's operating profit increased by 22.8% YoY during the quarter. Consequently, operating profit margins remained same and stood at 49.7% in 4QFY19.
  • Other income increased by 15.2% YoY during the quarter.
  • Net profit for the quarter increased by 22.6% YoY. Net profit margins during the quarter declined from 22.5% in 4QFY18 to 22.3% in 4QFY19.
Quarter-on-Quarter Performance:
  • The bank's operating income (interest earned) during the quarter grew 1.7% on a quarter-on-quarter (QoQ) basis. The interest expended was down by 0.5% QoQ during the same period.
  • The bank's operating profit increased by 4.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 49.7% in 4QFY19 as against 48.6% in 3QFY18.
  • Net profit for the quarter increased by 5.4% QoQ, while net profit margins increased from 21.6% in 3QFY18 to 22.3% in 4QFY19.

To see how HDFC BANK has performed over the last eight quarters, please visit here.

HDFC BANK Share Price Performance

Over the last one year, HDFC BANK share price has moved up from Rs 1,961.0 to Rs 2,285.0, registering a Gain of Rs 324.1 or around 16.5%.

Meanwhile, the S&P BSE BANKEX is trading at Rs 33,541.3 (down 1.4%). Over the last one year it has moved up from 27,855.4 to 33,541.3, a gain of 5,686 points (up 20.4%).

Overall, the S&P BSE SENSEX is up 13.1% over the year.

Current Valuations

At the current price of Rs 2,285.0, the price to earnings (P/E) ratio of HDFC BANK stands at 27.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 5.3 times.

Equitymaster requests your view! Post a comment on "HDFC BANK Announces Quarterly Results (4QFY19); Net Profit Up 22.6%". Click here!

  

Related Views on News

KOTAK MAHINDRA BANK at All Time High; BSE BANKEX Index Down 0.1% (Market Updates)

May 21, 2019 | Updated on May 21, 2019

KOTAK MAHINDRA BANK share price has hit an all time high at Rs 1,511 (down 0.1%). The BSE BANKEX Index is down by 0.1%. Among the top gainers in the BSE BANKEX Index today are KOTAK MAHINDRA BANK (down 0.1%) and HDFC BANK (up 0.1%). The top losers include PNB (down 0.1%) and KOTAK MAHINDRA BANK (down 0.1%).

KOTAK MAHINDRA BANK at All Time High; BSE BANKEX Index Down 0.2% (Market Updates)

May 21, 2019 | Updated on May 21, 2019

KOTAK MAHINDRA BANK share price has hit an all time high at Rs 1,511 (down 0.1%). The BSE BANKEX Index is down by 0.2%. Among the top gainers in the BSE BANKEX Index today are KOTAK MAHINDRA BANK (down 0.3%) and HDFC BANK (up 0.3%). The top losers include KOTAK MAHINDRA BANK (down 0.1%) and ICICI BANK (down 0.3%).

BSE Sensex at All Time High; HDFC Among Top Gainers (Market Updates)

May 21, 2019 | Updated on May 21, 2019

The BSE Sensex is trading at its all - time high of 39,559(up 0.5 %).Among the top gainers in the BSE Sensex today are HDFC. In the meantime, the NSE Nifty is trading at 11,881(up 0.4 %).

KOTAK MAHINDRA BANK at All Time High; BSE BANKEX Index Up 0.4% (Market Updates)

May 21, 2019 | Updated on May 21, 2019

KOTAK MAHINDRA BANK share price has hit an all time high at Rs 1,511 (up 0.5%). The BSE BANKEX Index is up by 0.4%. Among the top gainers in the BSE BANKEX Index today are KOTAK MAHINDRA BANK (up 0.5%) and HDFC BANK (up 0.6%). The top losers include FEDERAL BANK (down 0.1%) and SBI (down 0.5%).

HDFC BANK Announces Quarterly Results (3QFY19); Net Profit Up 20.3% (Quarterly Result Update)

Jan 21, 2019 | Updated on Jan 21, 2019

For the quarter ended December 2018, HDFC BANK has posted a net profit of Rs 56 bn (up 20.3% YoY). Sales on the other hand came in at Rs 259 bn (up 25.8% YoY). Read on for a complete analysis of HDFC BANK's quarterly results.

More Views on News

Most Popular

3 Indian Stocks Replicating Amazon's Successful Strategy(The 5 Minute Wrapup)

May 10, 2019

The one critical element that has made Amazon a force to reckon with...

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

A Simple Checklist for Picking Great Dividend Stocks(Profit Hunter)

May 9, 2019

A filtered, neat list of high-dividend stocks with all this dirty work already done for you.

3 Stocks to Bet on to Become a 'Dividend Millionaire'(Profit Hunter)

May 14, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

The Bitter Pill that Will Lay the Foundation for Sensex 100,000(The 5 Minute Wrapup)

May 14, 2019

These companies will help the Sensex more than double from current levels.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

HDFC BANK SHARE PRICE


May 21, 2019 12:45 PM

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 - DCB BANK COMPARISON

COMPARE HDFC BANK WITH

MARKET STATS