HDFC Bank Limited Q1 FY26 earnings call summary

Earnings call of 19 Jul 2025, summarised by AI from the filing.

Loan growth to be at system rate in FY26 and higher in FY27.

Key takeaways

1. Guidance Loan growth to be at system rate in FY26 and higher in FY27.
2. Change CD ratio down to 95% from 110% at merger.
3. Driver Rural demand healthy and MSME buoyant, supported by monsoon and tax cuts.
4. Risk Rate cuts pressure margins due to lag in deposit repricing.

Original filing on BSE

HDFC Bank Limited Q1 FY27 results

As filed: Revenue ₹90,575 cr, EBITDA −₹15,342 cr, PAT ₹20,383 cr, EBITDA margin -16.9%.

Not scored. Bank result format: not scored yet.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹87,183 cr, EBITDA −₹2,789 cr, PAT ₹20,351 cr, EBITDA margin -3.2%. Not scored. Bank result format: not scored yet. Share price after the results: −5.7% in 30 days (Nifty 500: +0.9%).
• Q3 FY26: Revenue ₹87,067 cr, EBITDA −₹12,899 cr, PAT ₹20,691 cr, EBITDA margin -14.8%. Not scored. Bank result format: not scored yet. Share price after the results: −1.1% in 30 days (Nifty 500: +1.2%).
• Q2 FY26: Revenue ₹86,994 cr, EBITDA −₹5,661 cr, PAT ₹19,611 cr, EBITDA margin -6.5%. Not scored. Bank result format: not scored yet. Share price after the results: +1.3% in 30 days (Nifty 500: +2.3%).
• Q1 FY26: Revenue ₹87,372 cr, EBITDA −₹24,833 cr, PAT ₹17,090 cr, EBITDA margin -28.4%. Not scored. Bank result format: not scored yet. Share price after the results: −0.1% in 30 days (Nifty 500: −2.6%).
• Q4 FY25: Revenue ₹86,779 cr, EBITDA −₹8,365 cr, PAT ₹18,835 cr, EBITDA margin -9.6%. Not scored. Bank result format: not scored yet. Share price after the results: +3.7% in 30 days (Nifty 500: +7.1%).
• Q3 FY25: Revenue ₹85,040 cr, EBITDA −₹3,181 cr, PAT ₹18,340 cr, EBITDA margin -3.7%. Not scored. Bank result format: not scored yet.
• Q2 FY25: Revenue ₹83,002 cr, EBITDA −₹15,288 cr, PAT ₹17,826 cr, EBITDA margin -18.4%. Not scored. Bank result format: not scored yet.

Past price moves after results do not indicate future moves. Not a recommendation.

HDFC Bank Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (18 Jul 2026)
• Q4 FY26: Earnings call (18 Apr 2026)
• Q3 FY26: Earnings call (17 Jan 2026), Results press release (17 Jan 2026)
• Q2 FY26: Earnings call (18 Oct 2025)
• Q1 FY26: Earnings call (19 Jul 2025), Results deck (19 Jul 2025)
• Q4 FY25: Earnings call (19 Apr 2025), Results deck (19 Apr 2025)
• Other events: Special call (19 Mar 2026)