← HDFC BANK LTD
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $1.8b | $2.2b | $2.7b | $3.2b | $3.5b | $4.5b | $5.1b | $6.0b | $7.5b | $7.9b | |
| Net income before noncontrolling interest | $118.0b | $140.7b | $178.8b | $220.6b | $260.4b | $326.0b | $386.6b | $496.3b | $627.6b | $686.5b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $2.0m | $3.3m | $4.9m | $6.7m | $1.2m | $400k | $7.9m | $9.9m | $59.7m | $152.4m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $1.8b | $2.2b | $2.7b | $3.2b | $3.5b | $4.5b | $5.1b | $6.0b | $7.5b | $8.0b | |
| Amortization of Intangible Assets | $100k | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $254.4m | $295.4m | |
| Amortization of deferred customer acquisition costs and fees | — | $7.9b | $9.2b | $10.4b | $11.7b | $7.9b | $10.9b | $13.3b | $20.8b | $37.1b | |
| Amortization of premium/(discount) on investments | $913.2m | $2.6b | $3.6b | $4.5b | $5.2b | $5.9b | $8.5b | $7.8b | $22.4b | $39.2b | |
| Deferred Policy Acquisition Costs, Amortization Expense | $106.6m | $7.9b | $9.2b | $10.4b | $11.7b | $7.9b | $10.9b | $13.3b | ($35.7m) | ($157.6m) | |
| Depreciation and amortization | $112.1m | $136.9m | $148.7m | $177.1m | $169.8m | $189.5m | $221.7m | $285.8m | $373.7m | $442.3m | |
| Deferred Income Tax Expense (Benefit) | ($21.3m) | ($77.9m) | ($159.8m) | ($117.6m) | ($1.3m) | ($112.9m) | ($130.3m) | $149.4m | ($685.5m) | ($182.8m) | |
| Deferred tax expense/ (benefit) | ($1.4b) | ($5.0b) | ($10.4b) | ($8.1b) | ($101.2m) | ($8.3b) | ($9.9b) | $12.3b | ($57.1b) | ($15.6b) | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | $0 | $0 | |
| Share-based Payment Arrangement, Noncash Expense | $190.1m | $126.5m | $101.3m | $77.3m | $99.2m | $145.0m | $182.9m | $170.5m | $241.4m | $288.4m | |
| Share-based compensation expense | $12.6b | $8.2b | $6.6b | $5.3b | $7.5b | $10.6b | $13.9b | $14.0b | $20.1b | $24.6b | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | $97.1m | ($1.8m) | $101.6m | $95.0m | $106.0m | $26.0m | $27.7m | |
| Gain (Loss) on Disposition of Property Plant Equipment | $0 | ($200k) | $1.0m | $900k | ($1.1m) | $200k | $0 | $1.0m | $9.0m | $2.6m | |
| Income Tax Expense (Benefit) | $1.0b | $1.2b | $1.5b | $1.7b | $1.4b | $1.6b | $1.7b | $2.0b | $933.9m | $2.0b | |
| Operating Lease, Expense | — | — | — | — | $155.1m | $175.3m | $188.4m | $196.7m | $305.3m | $295.5m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Accrued expense and other liabilities | $44.2b | $223.3b | ($122.8b) | $84.3b | $147.0b | $18.7b | $47.5b | $66.6b | ($171.1b) | $166.7b | |
| Accrued interest payable | $8.1b | $3.3b | $21.0b | $13.8b | $563.7m | ($2.1b) | $4.4b | $29.9b | $13.0b | $19.4b | |
| Accrued interest receivable | ($12.4b) | ($9.1b) | ($10.5b) | ($15.1b) | ($9.8b) | ($15.8b) | ($15.6b) | ($51.4b) | ($24.1b) | ($72.9b) | |
| Activity in equity securities, net | — | $0 | $4.7m | ($2.8b) | ($157.9m) | ($140.7m) | $14.5b | $1.3b | $80.3b | ($61.5b) | |
| Allowance on available for sale debt securities | — | — | — | $1.1b | $9.1b | $2.9b | ($2.9b) | $70.9m | ($70.9m) | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | $37.5m | $342.6m | $764.6m | $220.7m | ($8.8m) | $9.9m | $79.9m | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | ($9.6b) | ($10.9b) | ($2.6b) | ($25.8b) | ($55.9b) | ($16.7b) | $720.3m | ($826.7m) | ($159.3m) | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | — | — | $2.2b | $2.7b | |
| Foreign Currency Transaction Gain (Loss), Unrealized | ($8.4m) | ($6.3m) | ($26.4m) | ($8.3m) | ($43.9m) | $4.9m | $63.4m | ($3.4m) | ($66.6m) | ($236.3m) | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($153.1m) | $174.0m | $95.4m | $27.7m | $202.5m | $379.6m | $459.4m | $310.8m | $186.2m | $449.7m | |
| Goodwill | — | — | — | — | — | — | — | — | $19.6b | $19.1b | |
| Increase (Decrease) in Other Operating Assets | $326.4m | $1.0b | ($1.4b) | $1.6b | $1.9b | ($1.1b) | $345.7m | $1.4b | ($933.7m) | $2.9b | |
| Increase in loans originated, net of principal collections | ($967.4b) | ($956.9b) | ($1.4t) | ($1.6t) | ($1.4t) | ($1.4t) | ($2.3t) | ($2.9t) | ($3.1t) | ($2.3t) | |
| Investments held for trading | ($9.3b) | $35.2b | ($131.8b) | ($96.6b) | ($227.5b) | $388.5b | $48.8b | ($87.9b) | ($46.4b) | ($163.6b) | |
| Loans purchased | ($124.6b) | ($128.5b) | ($55.2b) | ($240.4b) | ($252.7b) | ($189.8b) | ($282.4b) | ($526.3b) | ($117.0b) | — | |
| Maturities, prepayments and calls | $1.6t | $2.3t | $1.2t | $937.1b | $653.9b | $784.3b | $807.6b | $994.0b | $1.2t | $1.3t | |
| Net cash received on acquisition of HDFC Limited | — | — | — | — | — | — | $0 | $0 | $54.8b | — | |
| Net change in repurchase agreements and reverse repurchase agreements | — | ($355.0b) | ($462.0b) | $609.8b | $160.2b | ($172.0b) | ($307.2b) | ($234.1b) | $519.7b | ($242.4b) | |
| Net increase in deposits | $930.9b | $979.7b | $1.4t | $1.3t | $2.2t | $1.9t | $2.2t | $3.2t | $3.4t | $3.3t | |
| Net increase/(decrease) in short-term borrowings | $39.4b | $68.7b | $456.6b | ($127.7b) | ($277.6b) | ($138.0b) | $314.7b | $535.7b | $222.3b | ($13.4b) | |
| Net realized (gain)/ loss on sale of available for sale debt securities | — | ($9.6b) | ($10.9b) | ($2.6b) | ($25.8b) | ($55.9b) | ($16.7b) | $720.3m | ($826.7m) | ($6.8b) | |
| Other assets | ($21.6b) | ($65.5b) | $90.5b | ($112.7b) | ($141.0b) | $83.0b | ($26.2b) | ($113.7b) | $77.8b | ($244.9b) | |
| Other gains, net | — | $0 | $0 | ($6.7b) | $133.7m | ($7.4b) | ($7.2b) | ($8.7b) | ($2.2b) | ($2.4b) | |
| Policyholder's Fund | — | — | — | — | — | — | — | — | $352.1b | $463.9b | |
| Proceeds from Stock Options Exercised | $184.6m | $348.7m | $418.7m | $318.2m | $245.2m | $240.6m | $344.0m | $415.6m | — | $742.9m | |
| Proceeds from disposals of business | — | — | — | — | — | — | $0 | $0 | $95.0b | — | |
| Proceeds from issuance of equity shares for options and warrants exercised | $12.2b | $22.6b | $27.3b | $22.0b | $18.5b | $17.6b | $26.1b | $34.2b | $84.4b | $63.5b | |
| Proceeds from sales | $1.1t | $412.5b | $197.2b | $453.8b | $1.2t | $1.6t | $766.6b | $36.5b | $2.3t | $1.9t | |
| Provision for Loan, Lease, and Other Losses | $325.0m | $585.2m | $912.3m | $1.0b | $1.6b | $2.1b | $1.7b | $903.0m | $1.6b | $2.1b | |
| Provision for credit losses | $21.5b | $38.0b | $59.4b | $72.3b | $117.6b | $154.2b | $127.0b | $74.2b | $133.1b | $181.4b | |
| Purchases | ($3.1t) | ($2.9t) | ($1.5t) | ($1.8t) | ($2.6t) | ($3.2t) | ($1.7t) | ($1.6t) | ($4.3t) | ($4.6t) | |
| Repayments on loans purchased | $47.2b | $59.8b | $77.0b | $89.7b | $122.8b | $124.3b | $156.4b | $337.8b | $52.8b | $908.9m | |
| Term placements, net | $21.1b | $17.8b | ($8.8b) | $24.4b | $6.1b | $4.2b | ($366.3b) | ($498.6b) | ($353.1b) | $103.0b | |
| Trade date sale receivable of available for sale debt securities | — | — | $0 | $0 | $32.7b | $0 | $749.8m | $0 | $3.6b | $1.5b | |
| Unrealized Gain (Loss) on Investments | $50.3m | $47.7m | $156.0m | ($2.3m) | — | ($356.8m) | — | $276.7m | — | — | |
| Unrealized exchange (gain)/ loss | $556.1m | $407.9m | $1.7b | $574.6m | $3.3b | ($356.8m) | ($4.8b) | $276.7m | $5.6b | $20.2b | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $227.4m | ($88.5m) | $103.6m | $179.4m | $47.1m | ($44.5m) | $18.7m | $187.0m | $222.7m | $440.6m | |
| Net Cash Provided by (Used in) Operating Activities | $170.1b | $379.3b | $1.4b | $2.6b | $2.3b | $12.6b | $7.7b | $5.8b | $12.3b | $14.0b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $150.7m | $194.7m | $141.0m | $236.5m | $242.7m | $243.5m | $347.0m | $530.7m | $646.0m | $777.2m | |
| Net Cash Provided by (Used in) Investing Activities | ($1.1t) | ($1.6t) | ($31.5b) | ($22.2b) | ($28.5b) | ($34.5b) | ($43.5b) | ($53.4b) | ($44.1b) | ($43.5b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $1.9b | $5.2b | $6.5b | $4.6b | $3.6b | $6.6b | $9.5b | $12.4b | $13.9b | $7.7b | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $23.9b | $35.1b | $18.0b | $13.5b | $8.7b | $10.7b | $10.6b | $12.1b | $14.0b | $14.9b | |
| Repayment of long-term debt | ($79.4b) | ($123.1b) | ($225.2b) | ($224.1b) | ($315.2b) | ($326.3b) | ($353.3b) | ($558.1b) | ($1.4t) | ($1.5t) | |
| Repayments of Long-term Debt | $1.2b | $1.9b | $3.5b | $3.2b | $4.2b | $4.5b | $4.7b | $6.8b | $16.8b | $17.1b | |
| Proceeds from Issuance of Common Stock | $0 | $0 | $0 | $3.4b | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | $33.9m | — | — | — | $6.2m | $6.7m | $9.1m | $10.0m | $43.7m | $70.3m | |
| Proceeds from issue of shares by a subsidiary to noncontrolling interests | $33.9m | $301.9m | $366.5m | $459.8m | $466.8m | $492.4m | $691.8m | $822.7m | $3.6b | $6.0b | |
| Dividends paid | $367.8m | $451.5m | $529.7m | $593.0m | $881.4m | $2.3m | $477.6m | $1.1b | $1.0b | $1.9b | |
| Other Interest and Dividend Income | $194.5m | $203.7m | $211.2m | $204.5m | $323.8m | $394.5m | $430.0m | $367.2m | $807.4m | $992.9m | |
| Payment of dividends | ($24.4b) | ($29.3b) | ($34.5b) | ($41.0b) | ($66.4b) | ($166.6m) | ($36.2b) | ($86.4b) | ($86.6b) | ($158.1b) | |
| Payments of Dividends | $367.8m | $451.5m | $529.7m | $593.0m | $881.4m | $2.3m | $477.6m | $1.1b | $1.0b | $1.9b | |
| Net Cash Provided by (Used in) Financing Activities | $1.0t | $1.3t | $32.2b | $21.9b | $24.5b | $26.2b | $38.4b | $50.8b | $40.2b | $28.3b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($44.4m) | $140.8m | ($3.6m) | $6.5m | $85.6m | $18.5m | ($23.5m) | |
| Effect of exchange rate changes on cash and due from banks, and restricted cash | — | ($2.0b) | $479.4m | ($3.1b) | $10.6b | ($262.2m) | $490.5m | $7.0b | $1.5b | ($2.0b) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($2.0b) | $479.4m | $2.3b | ($1.6b) | $4.4b | $2.5b | $3.2b | $8.4b | ($1.2b) | |
| Cash and due from banks, and restricted cash, beginning of year | — | $430.7b | $8.3b | $10.6b | $612.0b | $930.7b | $1.1t | $1.4t | $2.1t | $2.0t | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $10.6b | $8.1b | $12.7b | $14.8b | $16.9b | $25.0b | $23.2b | |
| Net change in cash and due from banks, and restricted cash | — | $53.0b | $143.4b | $160.7b | ($122.9b) | $318.7b | $191.3b | $265.4b | $698.6b | ($103.1b) | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $324.6b | $370.5b | $6.1b | $7.5b | $8.2b | $8.1b | $7.6b | $9.1b | $16.9b | $21.1b | |
| Income Taxes Paid, Net | $70.7b | $76.8b | $100.1b | $1.7b | $1.4b | $1.8b | $2.0b | $2.0b | $2.4b | $2.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.