HDFCBANK
Hdfc Bank Limited
Each stock's 10,000-path forecast, rendered as light.
Hdfc Bank Limited (HDFCBANK) Stock Analysis & Case Study
Is HDFCBANK a good buy? The data-driven verdict.
Hdfc Bank Limited (HDFCBANK) trades at ₹731,on the numbers it screens attractive, a Downstox Snapshot Score of 76/100.
On the numbers, Hdfc Bank Limited (HDFCBANK) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 14.3× earnings, ROE of 13.6%, a 66% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
HDFCBANK fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How HDFCBANK ranks against the 2,373 companies in our screener
- HDFCBANK's market cap of 11.26L Cr ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HDFCBANK's book value of ₹390 ranks in the 86th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HDFCBANK's 3-year profit (PAT) growth of 18.0% ranks in the 54th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HDFCBANK's 3-year revenue growth of 27.0% ranks in the 82nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
We do not hold promoter holding or debt-to-equity ratio figures for HDFCBANK, as of 9 Aug 2026, so those are not ranked here.
Is HDFCBANK overvalued? HDFCBANK P/E vs its Banking
HDFCBANK's P/E of 14.3× sits below the Banking peer median of 18.2×, so on earnings it screens cheaper than peers, while its 1.78% dividend yield is above the peer median of 0.17%.
HDFCBANK share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of HDFCBANK history (9%/yr drift, 20%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| HDFCBANK 2027 | ₹615 | ₹794 | ₹1,025 | +9% |
| HDFCBANK 2028 | ₹608 | ₹863 | ₹1,225 | +18% |
| HDFCBANK 2029 | ₹606 | ₹937 | ₹1,448 | +28% |
| HDFCBANK 2030 | ₹617 | ₹1,018 | ₹1,679 | +39% |
| HDFCBANK 2031 | ₹631 | ₹1,106 | ₹1,938 | +51% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability HDFCBANK goes up, or doubles?
The bull case for HDFCBANK
- HDFCBANK's P/E of 14.3x is lower than 76% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HDFCBANK's return on equity of 13.6% ranks in the 66th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A 10,000-path probability model puts a 66% chance the price is higher in a year, with a median target of ₹794 (+9%).
- Relatively low volatility (20%/yr), a steadier ride than the typical mid/small-cap.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,448.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹606.
HDFCBANK volatility & expected range, how bumpy is the ride?
Over the last 9.8 years HDFCBANK compounded at 9%/year with annualized volatility of 20%. That volatility implies a 1-year 80% range of ₹615-₹1,025, the honest backbone behind any single price target.
HDFCBANK price forecast, the full 60-month probability fan
HDFCBANK price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds HDFCBANK hits common targets within the simulated horizon?
Full multi-horizon detail on the HDFCBANK price target & forecast page.
HDFCBANK Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. HDFCBANK scores 6/8, mixed financial health.
HDFCBANK MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy HDFCBANK with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 23.00% | 4.3× |
| Zerodha | 22.60% | 4.4× |
| Groww | 22.56% | 4.4× |
| Dhan | 22.00% | 4.5× |
| Kotak NeoCHEAPEST | 20.00% | 5.0× |
| Paytm MoneyCHEAPEST | 20.00% | 5.0× |
| Pocketful | 26.50% | 3.8× |
| Anand Rathi | 26.50% | 3.8× |
| Bajaj Broking | 23.00% | 4.3× |
| Share India | 26.50% | 3.8× |
Compare every broker on the HDFCBANK MTF page.
HDFCBANK vs peers,Banking comparison
| Stock | P/E | Div yield | Market cap |
|---|---|---|---|
| HDFCBANK (this stock) | 14.3× | 1.78% | ₹11.26L Cr |
| ICICIBANK | 18.2× | 0.84% | ₹10.20L Cr |
| SBIN | 12.0× | 1.58% | ₹10.13L Cr |
| KOTAKBANK | 19.4× | 0.17% | ₹3.89L Cr |
| INDUSINDBK | 60.2× | 0.15% | ₹79,627 Cr |
| YESBANK | 18.9× | 0.00% | ₹71,218 Cr |
| AXISBANK | 13.9× | 0.08% | ₹3.85L Cr |
Fundamentals from Screener.in, as of 9 Aug 2026
About Hdfc Bank Limited: sector, index & market-cap context
Hdfc Bank Limited (HDFCBANK) is a large-cap NSE-listed company in the Banking sector, and a constituent of the Nifty 50 index, with a market capitalisation of ₹11.26L Cr. See more stocks on our screener.
How the HDFCBANK Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Hdfc Bank Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
HDFCBANK analysis, FAQs
Is Hdfc Bank Limited (HDFCBANK) a good buy?
On the numbers, Hdfc Bank Limited (HDFCBANK) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 14.3× earnings, ROE of 13.6%, a 66% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is HDFCBANK overvalued or undervalued?
HDFCBANK trades at 14.3× earnings versus a peer median of 18.2×, so it screens cheaper than its Banking peers.
What is the HDFCBANK share price target for 2031?
HDFCBANK's probability-weighted 2031 median target is ₹1,106, with an 80% range of ₹631-₹1,938 (10,000-path Monte-Carlo).
What is the probability HDFCBANK doubles in 5 years?
The modelled probability of HDFCBANK reaching ₹1,462 (2×) within 5 years is 26%.
What is the bull case for HDFCBANK?
HDFCBANK's P/E of 14.3x is lower than 76% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. HDFCBANK's return on equity of 13.6% ranks in the 66th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A 10,000-path probability model puts a 66% chance the price is higher in a year, with a median target of ₹794 (+9%).
What are the risks in HDFCBANK?
No model or past record guarantees future returns, treat this as one input, not a decision.